The Importance of Goal Setting

I bet everyone here have their own goals. It can one or more than two but the thing is goals play important tool to get you motivate. Usually when you doing sales, your supervisor will set a goal for you to sell the product until a certain amount.

You might know my first few post on fail to plan, plan to fail. This is how goal setting will play it role on planning process. All company should have their own goals. It can be short or long term. This goes together with individual. I myself do have my own goals. The goal i focusing now is to get my first million before i turn 25. I know is unrealistic but this is the challenge. With the goals you have, you will think million of way to have you get the million dollar.

Here a article i found, is quite useful :

Goal setting is a powerful tool, whether applied to one's professional life, personal aspirations or health objectives. In fact, goal setting can make the critical difference between success and failure.

One obvious goal of many may be to simply stick to your diet and/or exericse program in the context of a busy, overscheduled daily routine, but effective goal setting goes far beyond this fairly elementary ambition.

While life may seem out of control at times and that you're a passenger in life rather than the driver, remind yourselg that YOU hold the greatest power of all, that is the ability to design your own life. You can wake up every morning and decide to exercise, lift your own spirit through positive affirmations, and eat a nutritious breakfast, or you can choose other options that may be detrimental to your emotional and/or physical health. Ultimately, the decision is yours and yours alone.

Here are a few TIPS to make lifetime commitments through goal setting:

1. Don't compare yourself with anyone except your self. This is not about winning or losing. This is about making your life better - whatever that means for YOU.

2. Focus on the present - How will you feel after your exercise session today? Will your ability to resist that danish fill you with a sense of accomplishment?

3. Imagine the results - literally. How you picture yourself is often a self fulfilling proficy. Day dream in detail about how you would like to look. Athletes picture themselves performing their event over and over again in ther minds until they finally perfect it. If you see your self as soft, sloppy, weak, tired, or stressed, this may very well become yoru reality for just thinking it. Picture yourself standing tall taking deep breaths, confidently striding forward as you approach life head on.

4. Take small steps - they DO count! It's impossible to stop smoking, start drinking 64 oz of water, and exerising 5 days a week. Start slowly, one attainable goal at a time. Begin with taking a short walk and slowly work your way up.

5. Be patient - it make take weeks before you start noticing you have more energy, your clothes are fitting more loosely and you aren't getting short of breath walking up a flight of steps. When you do recognize these signs of achievement, revel in the glory.

6. Put holes in your excuses. When you find your self coming up with an excuse not to exercise, go back to the reasons why you want to exericse in the first place. Put a stop to the negative self talk and obstacle formation. Grab that mental sledge hammer and break through!

7. Journal - If you do just one thing related to goal seetting, begin journaling. Tracking your progress can help you stay focused. Write down not only your goals, but what exercises you did, how you are feeling and what small changes you are noticing in your everyday life like, not being short of breath or lifting something with ease, or having less pain. Writing your goals in front of your journal would help you to review them daily.

Hope you enjoy and find it useful in your daily life.

Good Day. :)

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The 90 to 10 Principle

Today i hope to share with you a meaningful theory that my friend introduce to me few years ago. I still kept the article in my laptop and look at it if i got time.

Here the article all about :

The 90/10 Principle .... Good in Theory ... Dumb in reality

It will change your life (at least the way you react to situations).

What is this principle?

10% of life is made up of what happens to you. 90% of life is decided by how you react.

What does this mean?

We really have no control over 10% of what happens to us. We cannot stop the car from breaking down. The plane will be late arriving, which throws our whole schedule off. A driver may cut us off in traffic. We have no control over this 10%. The other 90% is different. You determine the other 90%.

How? ……….By your reaction.
You cannot control a red light. but you can control your reaction. Don't let people fool you; YOU can control how you react.

Let's use an EXAMPLE :

You are eating breakfast with your family. Your daughter knocks over a cup of coffee onto your business shirt. You have no control over what just happened.
What happens next will be determined by how you react.

You curse.
You harshly scold your daughter for knocking the cup over. She breaks down in tears. After scolding her, you turn to your spouse and criticize her for placing the cup too close to the edge of the table. A short verbal battle follows. You storm upstairs and change your shirt. Back downstairs, you find your daughter has been too busy crying to finish breakfast and get ready for school. She misses the bus.
Your spouse must leave immediately for work. You rush to the car and drive your daughter to school. Because you are late, you drive 40 miles an hour in a 30 mph speed limit.

After a 15-minute delay and throwing $60 traffic fine away, you arrive at school. Your daughter runs into the building without saying goodbye. After arriving at the office 20 minutes late, you find you forgot your briefcase. Your day has started terrible. As it continues, it seems to get worse and worse. You look forward to coming home.
When you arrive home, you find small wedge in your relationship with your spouse and daughter.

Why? ….
Because of how you reacted in the morning.

Why did you have a bad day?
A) Did the coffee cause it?
B) Did your daughter cause it?
C) Did the policeman cause it?
D) Did you cause it?
The answer is “D".

You had no control over what happened with the coffee. How you reacted in those 5 seconds is what caused your bad day.

Here is what could have and should have happened.

Coffee splashes over you. Your daughter is about to cry. You gently say, "Its ok honey, you just need to be more careful next time". Grabbing a towel you rush upstairs. After grabbing a new shirt and your briefcase, you come back down in time to look through the window and see your child getting on the bus. She turns and waves. You arrive 5 minutes early and cheerfully greet the staff. Your boss comments on how good the day you are having.

Notice the difference?
Two different scenarios. Both started the same. Both ended different.

Why?
Because of how you REACTED.
You really do not have any control over 10% of what happens. The other 90% was determined by your reaction.

Here are some ways to apply the 90/10 principle. If someone says something negative about you, don't be a sponge. Let the attack roll off like water on glass. You don't have to let the negative comment affect you!
React properly and it will not ruin your day. A wrong reaction could result in losing a friend, being fired, getting stressed out etc.

How do you react if someone cuts you off in traffic? Do you lose your temper? Pound on the steering wheel? A friend of mine had the steering wheel fall off) Do you curse? Does your blood pressure skyrocket? Do you try and bump them?
WHO CARES if you arrive ten seconds later at work? Why let the cars ruin your drive?
Remember the 90/10 principle, and do not worry about it.

You are told you lost your job.
Why lose sleep and get irritated? It will work out. Use your worrying energy and time into finding another job.
The plane is late; it is going to mangle your schedule for the day. Why take outpour frustration on the flight attendant? She has no control over what is going on.
Use your time to study, get to know the other passenger. Why get stressed out? It will just make things worse.

Now you know the 90-10 principle. Apply it and you will be amazed at the results. You will lose nothing if you try it. The 90-10 principle is incredible. Very few know and apply this principle.

The result?
Millions of people are suffering from undeserved stress, trials, problems and heartache. We all must understand and apply the 90/10 principle.
It CAN change your life!!!
Enjoy….

That the end of the article, no matter how many time i read it. I feel inspire by this theory. We need to control our emotion and not let our emotion control us.

This is all for today. Hope you find this useful.

Good Day. :)

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Nelson Mandela

Why on earth i would talk about Nelson Mandela for ? This is a business page right ? What he got to relate with that ?

That are some question you might ask me if you see this post.

Who is Nelson Mandela, some might ask. For that, feel free to look at here :
http://en.wikipedia.org/wiki/Nelson_Mandela



Invictus

That is the movie that i just watch. Just 1 hour in the movie, i already been so touched and inspire by him. How can he reunite the nation that always have racist war and hatred toward 2 kinds ? Is easy, let them won the world cup.

Why i post this in my business blog is because of his leadership. How can he inspire 42 million people? How can he inspire the rugby team to be 1 team and fight for 1 country. Nelson Mandela could be the most respectful man on earth.

Many businessman today have poor leadership, there do not have enough courage and spirit and the sure win spirit. Self motivation is most important. You can't give up that easy because your opponent is so strong your leg are already weaken.

The movie name Invictus is actually a poem wrote by William Ernest Henley. Nelson always keep this poem as his inspiration when he was in prison for 48 years.

Out of the night that covers me,
Black as the Pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.

In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.

Beyond this place of wrath and tears
Looms but the Horror of the shade,
And yet the menace of the years
Finds, and shall find, me unafraid.

It matters not how strait the gate,
How charged with punishments the scroll.
I am the master of my fate:
I am the captain of my soul.

Believe in yourself, no matter who you are.

Good Day. :)

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Economy

Is been a while i wrote something at here. Just back from oversea and settle some stuff. Today, i would like talk about the Economy.
Economy play a very big role in Business. If the economy is bad so does your business. However, how do we know ? Either the economy is bad or not ? We usually know by newspaper, friend, parents and many more but actually what is the cause of the BAD economy ? There is a few reasons why, first of all is cause of the exchange rate. Many country depend on the country exchange rate to do their trading with other international business. If the country will always have good exchange rate than is good business for local people as we can do trading in oversea.

Besides that, other reason can be anything. Such as politics, our country politics are worsen from days to days. The aims is to have a good economic, why need to argue for power. (I have been too personal since so many issue create after the Sibu-By election).

Most of the economy are control by the government. We do not have the power if we want to change it. However, we do have the power to criticism it. So i suggest you guys to start pick up a newspaper and look what actually our economy turn into.

Good Day. :)

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Business Foundation

What is the foundation of every businesses ??

It is important to build up the foundation before start the business. Reason ? As a goals, as a trademark, as a tool for promotion. Today i had discuss with my business partner, Justin and KC and i able to learn lot from them, from tag line to credo.Most business fail because they do not have strong foundation. Most blame other thing for the failure, like capital, resources, human capital, ETC. However, is their foundation is the problem. Good planning will always advance. There is all for my idea on foundation.

Something to share on my personal stuff, just know that my friend had just pass away. May his soul rest in peace.


Good Day. :)

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Derivative

Today i am going to talk about the lecture i went today, Derivative. According to some sources, This course is the more difficult finance paper ever. After enter for the 1st class don feel so.

However, what is Derivative ?

In my own knowledge, i come across from my pass finance paper, that it is some kind of a Bond. That all i know.

The true meaning in finance term is a financial instrument or more simply, an agreement between two people or two parties that has a value determined by the price of something else that is called the underlying.

So what actually we understand in that meaning ? Seriously it take me half and hour to understand it.

However, this course does't seem that hard as what i thought and the lecture do not provide slide show but instead use his knowledge and just tough us what he know.

Anyhow, there is no risk in any challenge. That what i learn in class today.

Good Day. :)

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Investment

What is the word Investment mean to you ?

Most common meaning is like you can earn extra money if you put some money in some business or fund. Or it can be like a activity to increase your income in near future. I had just attend my first Investment lecture today. To tell the truth, i was disappointed. The class is more a less about general topic of finance. What i hope to learn is "What is the process", "What is the best investment" and many more but instead we are here to study about money market where i can ensure you that i study this before in my pass finance paper. The faculty should not always repeat the same thing but instead try to go outside the box. Make people really thing what investment is all about. I bought a book of rich dad, poor dad- guide to investment. I haven't really finish it yet due to my tight schedule in semester 3, but i can say that book is really cover the real thing of investment. It show about the real market, property, the process in getting it without coming any dollar. There are so much you can learn from Robert Kiyosaki, and i admit i really admire him. Well, to those who wanted to widen your knowledge can try purchase the book today in any bookstore.

Good Day. :)

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