Mar 282013
 
Common Law of Business Balance, Price, Value, & 'You, Inc.'

The Common Law of Business Balance states >

 

It is unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money; when you pay too little, you sometimes lose everything.

 

In other words, it prohibits paying a little money, and getting a lot in return; it cannot be done without trading one for the other

Additionally, something that is often not taught in the realm of financial literacy ( Resolution 8 & a cornerstone ‘F’ ) is the below – have you personally been taught/heard this?  I hadn’t before I was introduced to world class information not all that long ago >

 

Price is a monetary amount/figure.

Value is the relative, intrinsic worth / desirability to the end user

 

Think of it in these terms – does every dollar ‘spend‘ like every other dollar?  Or, is it not the truth that each dollar you spend is quite unique – especially when you grasp, immerse, and then apply the difference between a “You, Inc.” $ and a “I want it due to advertising/peer pressure/lack of a budget” $ ?

Business, economics, and finances all overlap. They also are each a core part of our day to day lives – we all must be informed, well educated ( v. schooled ), and investment minded men & women in order to become wealthy in mind, spirit, legacy, & the bank account.

Have a fantastic day & blessed Easter to come!

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Thank you & all due credit to Bob Burg for his wisdom & foresight in sharing much of the core of this post’s core content. It’s my privilege to pay it forward here in the blogosphere.

Feb 252013
 
The Responsibility of Leadership - Illustrated

This illustration came from a talk that Mr. Bob Burg, co-author of ‘The GoGiver‘ and other books, gave a couple years ago – I recently felt compelled to transcribe it anew from an audio track recorded that evening.

There’s a lieutenant who is getting ready to camp with his troops during World War II. He is educated ahead of time by his commanding officer, who said:

 

Lieutenant, when your men have been fed, and if there is any food left, then you will eat. And, after your troops here [ in camp ] have been bedded down, if there’s a place to lie down, then you will sleep.

 

Be very prepared for leadership. It is a calling, a mission field, and far beyond what you may have been led to believe if you have been immersed in the mass media portrayals of leaders.

Yet, if you want to grow your leadership ability, even from ground zero, it is most certainly needed & you can do it. Just get the right mindset = serve 1st; always be humble; grow daily; fail often; learn from each mistake you make (PDCA); dream & visioneer constantly. All of these tend to be contrarian in our society/Western world, however, leadership requires sacrifice, which is the production of sacred things.

I wish you nothing but the best on your journey.

Dec 302012
 

Role models. Heroes. Those who carry a positive burden.  Leaders.

These are descriptors that sum up proactively what I’m going to discuss in today’s post.

First, let’s discuss those whom should not be considered any of the above ** :

Actors/Actresses

Other celebrities.

Politicians.

Sports stars/athletes.

Mass media stars ( anchors, reporters, journalists.)

From my reading, listening, and associating positively, I have come to the foregone conclusion that the real role models, heroes, and leaders are those whom we can look to from our rich history and from the present day who aspire to live up to timeless values, principles, and resolutions which bring out, as Alan Loy McGinness taught us, the best in people.

These are those whom should be considered instead :

Entrepreneurs

Statesmen

First Responders

Social capital rebuilders

 Authors/writers

Why, for instance, would an entrepreneur be a role model for our culture/society?  Simple. He/she/they have stepped out from the crowd/herd, and built a business, nearly always from scratch, and by doing so, has put up a bridge between a problem identified and a likely solution.

Think of Bill Gates, Steve Jobs, Richard Branson, Mark Zuckerberg, Randy Gage, Carrie Wilkerson, & countless other entrepreneurs too numerous to name. These men & women were/are rascals. They made, and still are, making a difference by doing something to ‘dent the universe’, and not simply settling for their perceived lot in life, as far too many do by default (or due to following societal norms/conventional wisdom)

Social capital rebuilders – who/what am I talking about?  I am referring to those who have grasped that something is wrong with our society due to a lack of interdependent thinking, connectedness, bonds of true friendship, faith/hope, strong marriage, and model parenting. As these entail a vast percentage of what really makes someone happy, someone who embraces any or all of these should be a role model worth writing about, following, or studying; Edmund Burke realized this centuries ago, and today, Chris Brady, Tim Marks, Art Jonak, Oliver DeMille, Paul Zane Pilzer, Bob Burg, John Maxwell, Tony Dungy, & Seth Godin fill this bill very well.

First responders. That’s an easy one. Think of 9/11:  Every single man & woman who ran TOWARDS danger, knowing that they were serving others by upholding their responsibility, is automatically a qualification to be a role model, and a hero worth emulating. Unquestionably.

Authors/writers. Regardless of the medium/vehicle used to consume, study, and then apply the wisdom (paperback, hardback, audio, or e-reader), authors and writers should be applauded and properly recognized as role models for our citizenry. Thomas Jefferson once said that he couldn’t live without books, and there are many other fantastic quotes from history just like his; in short, do not let technology or entertainment distract you from consuming the words that these men & women put from their will, heart, and head into yours.

Lastly, statesmen/women. What a HUGE difference there is between this category and politicians!  Huge. The same yawning gap exists between a politician and a true leader. We are seeing this today in present day America & elsewhere in the West, especially when compared to those who practiced and understood public virtue and servant leadership from our past. These names should never be forgotten:  Thomas Nelson, Abraham Clark, & Robert Morris. All three of these men, along with their wives, were statesmen & women were heroes. Look up their stories: There’s nothing that changes the world more than these type of folks.

I hope this blog stirred something in your mind, your heart, and/or your souls. We must understand the true nature of those whom we pattern our lives after and define, learn, and then do our way to success with the right role models. The world as a whole badly needs true leadership, and these categories of citizens are those who have the most to offer.

** – There are always exceptions, I think of Joe Thomas, Ron Paul, Ronald Reagan, Andy Roddick, & Chuck Norris.

Have a fantastic night & week ahead!