Posts Tagged ‘entrepreneur’

Even More Million Dollar Maxims

Saturday, August 7th, 2010

By Gary Screaton Page, Ph.D.

Copyright © 2008-2010 by Gary Screaton Page. All rights reserved. 

 

A. S. Trude was one of the wealthiest attorneys in the Western United States. Throughout his career, he followed these rules:

  1. Get the confidence of clients and keep it. Such confidence is accumulated capital.
  2. Form a morganatic alliance with clients.
  3. Buy during panics when others arc frightened and expecting the bottom to drop out of securities.
  4. When the storm is raging and forked lightning appears in the financial sky, invest in property that others fear will be injured.

  

Mr. C. L. Hutchinson, another millionaire, had much to say about what led to his success. Here are just a few of his thoughts on how to be a high achiever.

 

  1. The business man should not forget that there is much in life outside of mere business. It is a mistake for you to devote yourself to it so exclusively that in time he loses all power to find enjoyment or interest outside of it.
  2. Business is a means to an end, and the best of life is to be found outside its daily routine.

 

Few of any age have not heard of John D. Rockefeller, the “Oil King.” Rockerfeller’s wealth touched the $400,000,000 mark. He won his first start in business by working on a New York farm twelve hours out of the twenty-four, for twenty-five cents a day. He has earned his position as a multi-millionaire by adhering to the principles of the following maxims:

 

  1. It should be every man’s duty to get all the money he can, keep all he can, and give away all he can.
  2. Buy only what you can for, and look upon debt as an ogre that first paralyzes and then kills.
  3. Live within your means, and don’t think too much of your neighbor’s good fortune.
  4. Keep a record of all expenditures and receipts so that at the end of each year you can tell whether you arc saving enough money to provide against the inevitable rainy day. Any one can make money; few can save it.
  5. Live as though every act of yours was under the scrutiny of your bitterest enemy. 

[Gary Screaton Page, Ph.D. is a Registered Psychotherapist and author of Pressing Your Own Buttons: How to Take Control of Your Life So Others Don’t™ at http://ww.pressingyourownbuttons.com]

Million Dollar Maxims 5

Wednesday, July 21st, 2010

By Gary Screaton Page, Ph.D.

Copyright © 2008-2010 by Gary Screaton Page. All rights reserved.

 

[This article may be reproduced as is with none of the content changed except for spelling as appropriate for the country in which the reproduced articled appears, and further that all links are included as well as the copyright information.]

 

Jacob Franks

 

Jacob Franks was reputed to have left an estate worth $2,000,000. He went into business in Chicago, at only nineteen years of age, with the determination to follow the rule—save money. His formula for success was as follows:

 

1.  Good fortune cannot come unless you have capital with which to seize opportunity when it appears.

2.  Save money and be ready to invest.

3.  Never borrow capital, and never owe a dollar that you cannot pay on demand.

 

Gary Screaton Page, Ph.D. is a Registered Psychotherapist and author of Pressing Your Own Buttons: How to Take Control of Your Life So Others Don’t™ at http://ww.pressingyourownbuttons.com]

Yet More Million Dollar Maxims

Wednesday, July 21st, 2010

By Gary Screaton Page, Ph.D.

Copyright © 2008-2010 by Gary Screaton Page. All rights reserved.

 

[This article may be reproduced as is with none of the content changed except for spelling as appropriate for the country in which the reproduced articled appears, and further that all links are included as well as the copyright information.]

 

At the peak of his business career, John J. Mitchell was President of the Illinois Trust and Savings Bank, and a financier of the first rank. Mitchell simplified his code of business ethics as follows:

 

1.  There is no question that the golden rule is the best one to apply to business transactions.

2.  I put myself in the place of the man with whom I am dealing and govern my actions accordingly.

3.  Success has attended my efforts because of dealing with others as I would be dealt with.

4.  My rule in investments has always been, look to the principal rather than to the interest. 

 

[Gary Screaton Page, Ph.D. is a Registered Psychotherapist and author of Pressing Your Own Buttons: How to Take Control of Your Life So Others Don’t™ at http://ww.pressingyourownbuttons.com]

Chunk Your Way to Success

Monday, May 24th, 2010

By Gary Screaton Page, Ph.D.
http://www.pressingyourownbuttons.com

 

We all feel overwhelmed at one time or another. We may even get angry at what appear to be insurmountable tasks ahead of us. Sometimes we just keep putting them off altogether. Their shear size overwhelms us. Be overwhelmed no more. Here is a depressurizing strategy that will help you get that job done and make you will feel increasingly satisfied along the way.

 

Business coach and Internet entrepreneur, James Maduk, told a story about a man who set out to eat an entire car. Really! Why anyone would want to do that is beyond me. Nevertheless, that was what he wanted to do. But, how does someone eat a whole car? They do it the same way one eats an elephant: one bite at a time.

 

The “bites” that eat away at major tasks we call “chunks.” Break any task into manageable chunks will get the job done in comparatively short order. Suppose, for example, you wanted to do what I recently did: complete my first mini-site to market my latest book. When I first learned what it would take to make a commercial mini-site, I was overwhelmed. Then, I asked myself, “What are the steps I must take to get the site up and running and start collecting money?”

 

I began by making a list of all the required steps. Those steps, that themselves were quite big, I broke down into smaller steps. Each step was a chunk of the project. Each chunk I checked off brought me one step closer to the finished product. What is more, with each chunk I checked off there came a bonus. I began to feel more and more satisfied, even pleased with myself, as I checked off each completed chunk. I could see the chunks falling one by one. Before long–far less time than I imagined–my first mini-site was ready for business.

 

As I got a clear picture of the project and the steps required to complete the many chunks and sub-chunks, I could see the job was, in fact, quite manageable. I relaxed, focused, and got to work. One by one, I chunked my way to success. Now my site works as a mini-store welcoming my customers as they chunk their way to my site!

 

The point I’m making here is this: every task, no matter how big, is just a pile of chunks that need to be “eaten” before you move on to the next. Chunk the tasks that seem to overwhelm and you, too, will be able to, well, eat a car, an elephant, or simply get the job ahead of you done. And here’s the bonus; every chunk nourishes your business soul, and your sense of accomplishment increases-every “chunk” of the way.

 

Chunk your way to a successful business!

 

[Gary Screaton Page is the author of Pressing Your Own Buttons: How to Take Control of Your Life So Others Don't™ at www.pressingyourownbuttons.com.]