Title: Early To Rise
The Internet's Most Popular Wealth, Health and Wisdom EZine
www.earlytorise.com
Thursday November 11, 2004
Message #1256

"If you ask what is the single most important key to longevity, I would have to say it is avoiding worry, stress, and tension. And if you didn't ask me, I'd still have to say it."
George Burns

  • You know you're good at your job -- but do you know why you're doing it?
  • How to remember EVERYTHING
  • A different way to look at the acquisition of personal power
  • Why you should make it a habit to use a word that almost never comes out of my mouth
  • The best investment Jon Herring ever made
  • Make your creative employees scientific . . . and your scientific employees creative
  • What the word "chagrin" means

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Wealth

To Be Successful, It's Not Enough to Be Skilled

To succeed in your chosen profession, you must be able to apply your skills to your career's primary goal. Whether you're in business for yourself or you work for another company, your primary goal is pretty much the same. It should have something to do with the business's long-term growth and profitability. It should also include meaningful work for you and -- eventually -- financial independence.

 

Health

My No. 1 Memory Fitness Technique

My wife is much better than I at remembering dates. (Come to think of it, she's much better than I at almost everything.) Not just birthdays and anniversaries, but what year so-and-so got married, how old Elsie's eldest is, etc.

A trick she uses naturally can be practiced by those of us who have little or no natural talent. It's called "time association." Here's how you do it.

Make a list of at least one major date for each five-year segment of your life. The event can be personal or public. For example:

* 1950: I was born.
* 1956: I moved from Brooklyn to Long Island.
* 1963: John F. Kennedy was assassinated.
* 1968: I graduated from high school.

Now, whenever you encounter a new date you want to remember, "enter" it in your memory by observing how it fits into your pre-established chronology. For example, if my anniversary were 1969, I'd think: "One year after graduating high school."

This is a simple system but amazingly affective. Start with a list of 10 or 20 dates, and before you know it you'll have 100 dates firmly planted in your brain.

 

Wisdom

The Meaning of Personal Power

"Some people take as gospel the idea that power is clout. It's an immaculate misconception. The way I see it, personal power has nothing to do with force, threats, or intimidation. Instead, it's about the ability to satisfy the craving that exists within each and every human being for affirmation."

(Source: Burton Kaplan in "Winning People Over: 14 Days to Power and Confidence")

 
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Today's Message

How to Lighten Your Load Without Slowing Your Career

By Michael Masterson

I make a lot of commitments. Most of them have to do with my incessant urge to help people become wealthy. Why I find it so difficult to say "no" to a friendly ambition, I can't say. But it's something I'm teaching myself to do.

Today, for example, I told FY that I didn't have time to help his wife become a direct-marketing millionaire. I'd be happy to buy the ETR program for her. I'd be happy to introduce her to a few friends. But as far as actually being there for her, 24/7, I couldn't do it.

That's what I said. But when I saw the look of chagrin (see "Word to the Wise," below) in his eyes, I amended it with a tough statement. "OK, I'll give her free coaching for an hour a week for 30 weeks." His eyes brightened. "But that's it!"

I'm a hopeless case. I hope you can learn from my bad example. Make it a habit to say "no" 10 times for every time you say "yes." You'll be happier for it.

Happier, but maybe not richer. Truth is, I've made a career out of saying "yes." I can't remember the last time I said "no" to a partner or protege. It's a word that almost never comes out of my mouth.

So, yes, if you want to be rich and successful, say "yes." Say "yes" and then "yes" again and then "yes" a third time. If you want to be happy, learn to say "no." And if you want to be successful AND happy . . .

Well, that's what I've been trying to figure out lately. When to say "yes." And when to say "no."

Here's what I've come up with:

1. Say "yes" -- often but not always -- to two people: your spouse and your business partner.

2. Say "no" -- as often as you possibly can -- to everyone who asks you for help. This would include:

* your lazy colleague
* your shiftless friend
* your spoiled children/grandchildren
* your most self-centered customers
* anyone who isn't willing to give back

Here's something else you can do to lighten your load and keep your forward momentum going forward:

* Write a list of 20 things -- people, situations, or responsibilities -- that are causing you stress.

* Reduce that list to 10.

* Reduce it again to three.

* Now pick one of those three.

* And stop doing it.

 

Today's Action Plan

If you are like me, the thing that is creating the most stress in your life right now is something you are doing to help out someone who doesn't deserve it. And if you're like me, you feel guilty about even thinking to stop doing it.

Do yourself a favor. Call him up right now and tell him very definitively that you are going to stop doing it at the end of this day/week/month/year. Offer a simple explanation. Don't feel the need to elaborate. If and when he objects, say "I'm sorry this will be inconvenient for you. I am sure you will be fine in the end. But the decision has been made."

And stick to it.

Try it. You'll be amazed at how good it makes you feel. Do that and don't take on another responsibility for at least 24 hours.

 
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The ETR Question Of The Week

What Is the Best Investment You Ever Made?

Here's the way Jon Herring, one of our staff writers, answered this week's question:

"The most 'timely' investment I ever made was in gold in the summer of 1999, when the yellow metal hit its lowest point in 20 years. Of course, I didn't know that at the time. But what I did know was -- at $260 an ounce -- it cost more to bring out of the ground than what I was buying it for. Talk about a margin of safety!

"I am a 'gold bug.' It is real money that has held its value for thousands of years. And with little faith in the U.S. dollar or the long-term prospects for the U.S. debt-based economy, I had no qualms about jumping in with both feet. I bought rare coins, bullion, and mining stocks. With gold now at $425 an ounce, I have multiplied my stake in all of these.

"Now, if I can just time my exit at the very top, THAT will be an accomplishment.

"My 'best' investment was the $2,000 it took to start my first business. That small stake, combined with my own focused effort and reinvested profits, returned to me a six-figure income within 18 months and the freedom to work when and where I chose."

What about you? What's the best investment you ever made? Let us know by posting your story (or your thoughts on the subject) on "Speak Out." Click on
http://speakoutforum.com/forum/viewtopic.php?t=376


Sales & Marketing

Working Science and Art Into Your Direct Marketing

Direct response is half art, half science. The art is mostly in creating the products and writing the promotions. The science is in analyzing responses and determining future mailings based on them.

When populating your staff, keep these distinctions in mind. Marketing managers -- who are responsible for list selections and testing offers -- must be logical, exacting, and detail-oriented. Copywriters and salespeople need to be creative.

Once hired, though, teach your creative people to be scientific by doing their research and proving all their claims. And teach your scientific people to be creative by coming up with innovative list and offer tests.

 

Word to the Wise

"Chagrin" (shuh-GRIN) is extreme vexation or embarrassment arising from failure or disappointment. It comes to us directly from a French word that means the same thing. However, etymologists believe that it probably originated as the Germanic word "gram," meaning "sorrow or trouble."

Example (as used in Today's Essay, above): "But when I saw the look of chagrin in his eyes, I amended it with a tough statement."


Correction

Yesterday we referenced the advice of Robert Ringer when it comes to selling yourself. The advice was valid -- but the reference to his book was not. The information actually comes from Robert's latest and greatest work, Action! Nothing Happens Until Something Moves.

This Saturday, November 13th, Early to Rise will publish the first of a series of Robert Ringer messages written exclusively for our readers.)


 

Michael Masterson
Copyright ETR, LLC, 2004

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