Posted by Brian Tracy on Jan 26, 2012
The fact is that all of life is a contest of some kind. You are in competition with everyone else who wants a salary increase and promotion, whether you like it or not. A race is on and you are in it. Your job is to move yourself into the lead and then figure out how to move ahead faster than the other people around you.
Fortunately, there are proven and tested ways to get ahead and stay ahead. One of the most important of these strategies is for you to continually ask for more responsibility. Volunteer for every assignment. Read the rest of this entry »
Tags: Business Success, Financial Success, General, ask for what you want, get paid more, how to be determined, how to earn more, how to get a promotion, how to get a raise, how to get what you want, salary increase
Posted by Brian Tracy on Dec 19, 2011
“Why is it that people don’t become wealthy?” In a country like ours, with the opportunities that we have, why is it that so few people retire financially independent? And I eventually found the answers. Here are what I consider to be the five reasons why people don’t become wealthy. Read the rest of this entry »
Tags: Financial Success, General, budgeting, how can i be rich, how can i be successful, how do i get rich, how the rich get rich, how to be a millionaire, How to be happy, how to be rich, how to be wealthy, how to save, money expert, money saving, money saving expert
Posted by Brian Tracy on Sep 13, 2011
Some of you may have already heard, but this weekend in San Diego, CA I’m holding my Total Business Mastery Seminar. This hands-on, interactive 3-day workshop covers how to start, build, and maintain a high profit business, including in depth training on how to increase revenue, make more sales, and boost your profits.
I know a lot of people wanted to come to this weekend’s event but couldn’t make it due to timing conflicts and travel costs, which is why I’ve now created the “Total Business Mastery Simulcast!”
With the simulcast option, you can watch the entire live seminar online from the comfort of your own home, discuss and mastermind with other virtual attendees, and even ask me questions. You’ll receive the digital format of the workbook that all live attendees receive at the event and also have access to the entire recording of the live seminar for 30 days after it concludes –so you won’t miss a thing!
Now you can experience the life transformation that comes from attending this event at your convenience, and on your own time. Don’t miss this opportunity! Learn More Here!
Here’s a short clip of last year’s virtual event as I discuss The 4 Keys to Business Success
The 4 Keys of Business Success
1. Clarify
- Develop absolute clarity about who you are, what you want, and the best way to achieve it
2. Simplify
- Delegate, outsource and eliminate all low value, no value tasks and activities in your life
3. Maximize
- Determine your special talents, abilities and strengths and focus on developing them to a higher level
4. Multiply
- Leverage yourself and your business with other people’s customers, knowledge, abilities, efforts, money and resources
I hope you enjoyed this short snippet from my last seminar!
Don’t miss this opportunity to take advantage of my Total Business Mastery Simulcast!
Now you can experience the life transformation that comes from attending this event at your convenience, and on your own time. Don’t miss this opportunity!
Reserve your seat now!
Tags: Business Success, Daily Thoughts, Financial Success, General, Sales Success, business conference, business development, business strategies, Business Success, how to be an entrepreneur, how to start a business, increase revenue, increase your profits, make more sales, running a business, success in business, total business makeover, total business mastery
Posted by Brian Tracy on Aug 26, 2011
Most entrepreneurs are motivated by ideas, concepts, hopes, desires, and optimism. They like to interact with people, to market and sell. They enjoy negotiating, communicating, and persuading. They are action-oriented and like to be in continuous motion. They start early, work hard, and stay later.
But most entrepreneurs are not “numbers” people. They have little patience for the details of financial statements and accounting. They are eager to get on with the business of meeting with people and selling the product. In fact, for most entrepreneurs, dealing with numbers is irritating and frustrating.
But nonetheless, for you to move solidly along the way to wealth, to become a successful entrepreneur, and eventually, a self-made millionaire, you must master the numbers in your business. You can hire bookkeepers, accountants, and financial advisors to help you, but you can never abdicate the responsibilities of fully understanding every penny and every dollar that comes in and out of your business.
Read the rest of this entry »
Tags: Business Success, Financial Success, business analysis, business costs, Cost analysis, financial advisor, financial analysis, numbers person
Posted by Brian Tracy on Jun 8, 2011
A part of all you earn is yours to keep, and if you cannot save money, the seeds of greatness are not in you.
- W. Clement Stone
Resolve today that you are going to save and invest at least 10 percent of your income throughout your working life. Read the rest of this entry »
Tags: Financial Success, investment account, money saving expert, money tips, save and invest money, savings account, savings plan
Posted by Brian Tracy on Jan 20, 2011
Hello Friends,
Below is a guest blog post from my good friend, and entrepreneurial genius, Bill Bartmann. Bill’s expertise and experience with the ups, downs, and ever changing business and financial paths are second to none. I hope you enjoy the article, feel free to share it with your friends and leave a comment if you do. Read the rest of this entry »
Tags: Business Success, Financial Success, General, business opportunities, business opportunity, earn a 6 figure income, identify opportunities, legitimate opportunities, make more money
Posted by Brian Tracy on Oct 5, 2010
The most pressing problem or need facing business owners today is the ability to attract more customers and make more sales.
Fortunately, based on our work with more than ten thousand businesses, of all sizes, in 55 countries, Mark Thompson and I have discovered seven essential factors to help you maximize your profits in any market, including today. Read the rest of this entry »
Tags: Business Success, Financial Success, General, bill gates, brian tracy, business development, business owner, business strategy, Business Success, free resources, Mark Thompson, marketing plan, my business, own business, richard branson, sales and marketing, sales training, strategic plan, your business
Posted by Brian Tracy on Dec 31, 2008
Know the Right People
One of the greatest forms of financial leverage is contacts. Knowing the right people and being known by them can open doors for you that can save you years of hard work. The quality and quantity of your contacts and your relationships will have more to do with your success than perhaps any other factor.
Here are three things you can do to expand your list of contacts. First, make a list of the 25 people you feel it would be most useful for you to get to know. Develop a strategy to get to meet everyone of them over the next 12 months. Then make a list of 25 more.
List the people in charge of the major corporations that would be useful for you to know. List the mayor, list the congressmen, list the senator. List the important people that it would be helpful for you to know and then make a plan to meet them.
Network at Every Opportunity
Second is for you to network at every opportunity. Join business and trade associations. Attend meetings. Get involved. Volunteer for service on a key committee. This action alone can cut years off your career.
Once, when I was working with the Chamber of Commerce, I came to the attention of a senior executive who hired me away from the company I was working for a year later at triple the salary. Meeting people is very important. Network at every opportunity.
Get Involved in the Community
The third way is to get involved in community service organizations. The best people in every community, the people you should know and who should know you, are usually involved in public service in some way. Start with the United Way in your own city, or get involved in any charity that you care about or that you’re interested in. You’ll be amazed at the quality of people that you’ll meet doing voluntary service.
Unlock Your Creativity
Another form of leverage is creativity. Remember, one new idea is all you need to start a fortune. Everyone has the ability to come up with creative ideas and solutions if they look for them. All great fortunes begin with an idea.
Create Good Work Habits
A powerful form of leverage that can help you is good work habits. Good work habits make an extraordinary difference. In a recent study, 104 chief executive officers all agreed that the ability to set priorities and then to get the job done fast were the two qualities that most readily led to promotion and increases in pay. Good work habits will bring you to the attention of the important people in your life as fast or faster than anything else you can do. In the final analysis, you always get paid for your results. If you develop a reputation for being the person who gets the job done fast, that alone can put you onto the fast track in your career.
Your Action Assignment
Now, here are two things you can do to leverage your financial potential:
First, get involved in the business, trade, civic and social organizations in your community. Once you become a member, off er to help and serve on committees. This will bring you to the attention of people who can help you faster than any other way.
Second, develop excellent work habits. Be punctual. Plan your work and work your plan. Always concentrate your conscious energies on high priority tasks and make sure that you are doing things that are important to your boss and to your company.
Get Out of Debt Now!
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Tags: Financial Success
Posted by Brian Tracy on Dec 23, 2008
The major mental obstacle to financial success is that some people believe that they don’t really deserve to be rich.
The Biggest Demotivator of All
They have been raised with a steady drumbeat of destructive criticism, as I was, that has led them to conclude, at an unconscious level, that they don’t really deserve to be successful and happy. The worst effect of negative experiences in childhood, which are all too common, is that when people actually do succeed as the result of hard work, they feel guilty. These guilt feelings then cause them to do things to get rid of the money, to throw it away. They spend it or invest it foolishly. They lend it, lose it or give it away. They engage in self-sabotage, in the form of overeating, excessive drinking, drug usage, marital infidelity and often dramatic personality changes. To change your results with money, you have to change your attitude toward it.
Treat Money With Care and Attention
The fact is that money is very much like a lover. It must be courted and coaxed and flattered and treated with care and attention. It gravitates toward people who respect it and value it and are capable of doing worthwhile things with it. It flows through the fingers and flees from people who do not understand it, or who do not take proper care of it.
Become Skilled With Money
Sometimes people say that they are not very good with money. But being good with money is a skill that anyone can learn through practice. Usually, saying that one is not very good with money is merely an excuse or a rationalization for the fact that the person is not very successful or disciplined with money. The person has not learned how to acquire it or to hold on to it.
Be A No-Limit Thinker
The starting point of accumulating money is for you to believe that you have an unlimited capacity to obtain all the money that you will ever need. Look upon yourself as a financial success just waiting for a place to happen. And see yourself as deserving all you can honestly acquire.
Open Any Door
Money is good. Money gives you choices and enables you to live your life the way you want to live it. Money opens doors for you that would have been closed in its absence. But just like anything, an obsession can be hurtful. If a person becomes so preoccupied with money that he loses sight of the fact that money is merely a tool that is to be used to acquire happiness, then money becomes a harmful thing.
Money is Neutral
The Bible says, "The love of money is the root of all evil." It doesn’t say, "money is the root of all evil." It says, "the love of money is the root of all evil." It is the preoccupation with money, to the exclusion of the really important things in life that is the problem, not the money itself. Money is essential to our lives in society. It is also neutral. It is neither good nor bad. It is only the way that it is acquired and the uses to which it is put that determines whether it is helpful or hurtful.
Action Exercises
Here are two things you can do immediately to put these ideas into action:
First, recognize and accept that virtually everyone who has money today at one time was broke and probably broke for a long time. Then they learned the skills of accumulating money and they are now financially independent. Whatever they have done, you can probably do as well.
Second, become a student of money from this day forward. Study it, learn about it and apply the lessons you discover toward your own financial life until you begin to attract more and more money in your direction.
Unlock Your Potential
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Tags: Financial Success
Posted by Brian Tracy on Dec 12, 2008
John Paul Getty became the richest man in the world by practicing a few basic principles of risk-taking and reward throughout his life.
In this newsletter, you learn his key insight to risk reduction and success and how you can apply it to any decision you have to make. You learn a series of additional ideas that can help you to make better decisions and reduce the risks associated with success.
The Billionaire’s Strategy for Success
Remember Murphy’s Law: "Whatever can go wrong will go wrong." There are several secondary laws to Murphy’s Law, such as "Whatever can go wrong will go wrong at the worst possible time" and "Of all the things that can go wrong, the most expensive thing will go wrong at the worst possible time."
Another sublaw is "Everything takes longer than your best calculation." In advising businesspeople, I suggest that they take their very best estimate of break-even for any business venture and then triple it to arrive at a more realistic number. Whenever businesspeople follow this advice, they are amazed to find that, in spite of their best initial calculations, it indeed takes about three times longer than they thought it would to start making money.
Always Add a Fudge Factor
Another sublaw is "Everything costs more than you can possibly anticipate in advance." In minimizing risk in any venture, always add a "fudge factor" to account for the degree of uncertainty. Whenever I do a business plan, I always add 20 percent to the total of all costs that I can identify, to come up with the probable cost. Anything less than this, whether in business or your personal life, is likely to be an exercise in self-delusion and open you up for some unhappy surprises.
Once you have identified the worst possible things that could go wrong, make a list of everything that you could do to offset these negative factors. Engage in what is called "crisis anticipation." Look down the road, into the future, and imagine every possible crisis that could arise as the result of changing external circumstances.
Be Intensely Realistic
Men and women who have achieved a high level of success are intensely realistic. They do not put their trust in luck. They carefully calculate every possible risk, and then think about what they would do should it occur. They always have a backup plan in case things do not go as they wish them to. They have a "Plan B" and options to that plan that take all kinds of variables into consideration.
Do the Things You Fear
One of the very best ways to develop your ability to take intelligent risks is to consciously and deliberately do the things you fear, one step at a time.
A very good way to overcome the fear of risk taking is to set clear, written, measurable goals for yourself, and then to review those goals regularly.
When you have clear goals and plans, and you continually work on them and evaluate your progress each day, you will see what you’re doing right and how you could improve your performance. You’ll feel more competent and capable and better about yourself. You’ll become more thoughtful and reflective and willing to take on even greater challenges. You’ll feel like the "master of your fate and the captain of your soul." And your likelihood of success will become greater and greater.
Action Exercises
Here are three steps you can take immediately to put these ideas into action.
First, take any worry situation in your life today and ask, "What is the worst possible thing that could happen?" Then go to work to make sure it doesn’t occur.
Second, look into the future in your life and determine the worst things that could happen. Engage in "crisis anticipation" regularly and continually be taking steps to guard against them.
Third, work from clear, written goals and detailed plans. Review them regularly. Consider alternatives and always look for ways to increase the likelihood of your success.
Crunch Time!
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Tags: Financial Success
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