LET’S GET REAL, LET’S GET MOTIVATED LET’S GET REAL, LET’S GET MOTIVATED — Read on thefatlosshabit.blog/2019/02/26/lets-get-real-lets-get-motivated-2/ Continue reading LET’S GET REAL, LET’S GET MOTIVATED
“What gets measured gets managed.” Peter Drucker
I am a firm believer in Peter Drucker’s management principle. Anyone that has ever kept a financial spending log or food log knows that they changed their spending or eating behavior when they created a record of the activity. We naturally start making better decisions and identifying patterns in our behavior. Monitoring an activity forces, us to pay more attention to it. We naturally start making better choices because we can’t ignore our bad ones. If we aren’t mindful of our choices, we will unconsciously fall into habitual patterns of behavior. The concept is so simple yet potent, I am amazed at how many people don’t use this principle to improve their personal or professional performance.
“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours, and you’ll drift in that direction.” Warren Buffett
This week’s challenge is to seek out people that will inspire and influence you in a positive manner. Whatever your goal is, seek out individuals that have achieved it, or are at least further along than you. Seek out associations with groups and individuals you respect and admire.
Warren Buffett says, “The best thing I did was to choose the right heroes.” Bill Graham, was Warren’s hero when he began his career in investment. Bill told Warren when he was a young man he looked around at the people he admired. After studying their character and habits, he concluded that they weren’t doing anything he could not do. He decided that he would mirror the behavior of those successful people he admired until he became someone he could admire. Success leaves clues. Success is a science; if you do what other successful people do, you will be successful.
Many people underestimate the important role of environmental norms and expectations play in our behavior. We all have friends that either bring out the best in us or the worst in us. None of us are immune to the effect. It is often said we are the average of the five people we spend the most time with. Continue reading “The Habit: Week-15 (Actively Seek Associations that Will Inspire You)”
“Work harder on yourself than you do on your job. If you work hard on your job, you can make a living. If you work hard on yourself, you can make a fortune… Income seldom exceeds personal development.” – Jim Rohn
Jim Rohn said the first rule of economics is that we get paid for the value we bring to the market and not our time. He suggested you develop yourself so that you can become more valuable. Billionaire investor Warren Buffett says “Ultimately, there’s one investment that supersedes all others: Invest in yourself.” Warren typically reads for four to six hours a day and began this habit long before he made his billions. Continue reading “Work Harder on Yourself than You do Your Job”