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6-things that successful people do not waste time on

6-things that successful people do not waste time on

1. LOW VALUE TASKS
Tasks that are not in alignment with your passion, tasks that do not being you any joy, tasks that are not going to bring you growth or wealth!
Find ways to delegate those tasks. Don’t be a time spender and be a time investor!

We have a limited amount of time on earth and we do not want to spend or exchange time for activities that are simply waste of our time. Most average people spend their time in frivolous tasks which do not enhance their quality of life or their career. Successful people treat their time as precious and they only exchange it for things that bring them those things. These are called high value tasks.

2.GOSSIP
Poor people talk of people, average people talk about events and great people talk about ideas!
For successful people, the attention is not on conflicts or trivial arguments or back bitching about people, but focus on how they can live an incredible life, how they can make an impact and grow their potential and live the purpose of their lives!

3.PAST MISTAKES
The past actually doesn’t exist, but some people like to keep them alive in their brains and like to keep pressing that PLAY button and keep listening to things that happened in the past.
By doing so they are wasting their precious attention on things that they can’t change, rather than on future opportunities that can bring them the positive change.
4.MINDLESSLY SCROLLING SOCIAL MEDIA
Generally, when successful people get online or on social media, predominantly on research and production, rather than simply on consumption!
Even if you are to consume any content, you need to curate your social media in such a way that you only consume the content in such a way that will improve your life, to learn a skillset deficiency and something that you know you want to do in life.
5.PLEASING PEOPLE
Reality is that people have their own agendas of life and you simply cannot please everybody.
Successful people are more focussed on becoming competent, on having high character, on being honest rather than going and trying to superficially please people. They don’t spend time worrying about who is offended, who doesn’t like them, because frankly, successful people understand that those things are completely out of their control. Other people’s opinion about us is entirely their business. Some people can call you amazing and the very next day they can call you evil!
People’s perception is mostly based on what is happening in their life at that point of time and their ability to assess a situation. Most of time, it actually has nothing to do with you.

6.COMPLAINING ABOUT CIRCUMSTANCES BEYOND THEIR CONTROL
Its pragmatic and not in our control- I cannot control the weather but I can control the navigation of my boat!
If you look at the political situation or the global economic situation or situations of macro nature, the best is to ignore that as its not going to really help you in anyway and you are wasting your precious time and energy on the things beyond your control. Instead work on how you can navigate my life situation through what’s happening. One has to pay attention to it but no point complaining about it. One has to be educated and aware about the events that may not directly impact you but have the potential to impact you indirectly

HOW TO TAKE ACTION WITH A DISTRACTED BRAIN

Have you been struggling to keep your focus on something that you know is important to you? Do you come into a situation when you know what you have to do but at the end of the day you are just not able to achieve it?
You realise that you do have the inherent motivation, but then, for whatever reason, that inherent motivation doesn’t translate into external action. Maybe even if it does, it maybe sporadic in nature. This is very common problem being faced by most of the people these days, even with the high performers!!
How many times have you woken up in the day with a very clear agenda for the day, but even before you get onto your work desk, something else or someone else takes away your attention. At times we get crippled by too much of a data and too many actions to be done.
That’s where the principles of how to work with distracted brain comes into action

  1. Understand the difference between external stimulus and internal drive.

Living in this society, we are constantly in a stimulated by the external environment. The way to counter this is to resist or completely separate yourself from these external stimuli and completely tune into your internal compass. Some ways to achieve it- have clear self-boundaries with others. Put  hard measures on when and how would you use your phones. There are certain hours of a day when you get to use your phones, for the other part of the day, keep your phones away. When you don’t see it, you will not intake that extra data in your mind. So, move away from all such things that you know may distract your brains so that you get to focus on a single task that you may want to complete at that particular time.

However, we also need a good external boundary. Since we live in a social setting, even if your boundaries are set, people will end up giving you data and information that you don’t need. There maybe some reality that you don’t wish to get associated with. This leads to our second principle-

2. In today’s set up it is a hardcore difficulty for us to have a straight focus of even 2 continuous hours over our given tasks.  This all has to be scheduled. Its more difficult when your decision-making responsibilities are more.

intensify your focus on all of that 30, 20 or 15 mins and do everything that is needed to deliver that task. To add, with introduction of AI tools in our work, a lot of work can now also be completed in a smaller window of time. This is the way of working smart. This states that if you reframe your focus, you will be able to utilise this focus a lot better. Focus now means that can you get a set of tasks done with all your intention in a given small period of time.

STOP BEING BASIC IN LIFE

The 1st iPhone was launched in 2007.

Would you buy this phone today if I offered you one?

It’s highly likely that you won’t!

Why?

Because it is VERY basic in comparison to the 2024 technology upgrades and evolution we have become accustomed to.

It’s now habitual to seek new technology; and anything less than that will be a complete “No – No.”

Now, think about this

When people will outright refuse an outdated, old and basic phone…

Why are they then settling for a “basic” life?

A Basic lifestyle.

Basic income.

Basic influence…

And everything else that is BASIC.

What if you had an opportunity to advance…

Wouldn’t you prefer that?

Average income, average performance, average lifestyle. Life is happening to them, not by them and not for them. As a result, they are constantly dealing with competition, stagnation, distress, confusion, ordinary life! Basic means that you have chosen to be the most basic version of you. You have the ability to be a superior and advanced version of you, but they chose to be their basic version. They are not getting paid, not getting big respect and not getting big trust. This is what happens when you don’t upgrade yourself.

Now let’s think of the advance version of oneself. Advanced communication, advanced presentation, advanced dressing, advanced education- not just academic education or degree but personal development education, spiritual education, business & financial education, leadership education, advanced conduct, advanced health, advanced thinking. How many of you actually feel older and look older than you actually are? You are going backward! One must get fitter with age, richer with age and wiser with age. There should be no other way to live! One must keep improving as we get older. Nothing should go backwards. One has to make our choices consciously. 90% of our society makes their choices unconsciously. Advanced sacrifices, advanced productivity has always resulted in amazing income and amazing performances and amazing lifestyle.

HOW TO COMMAND RESPECT AND NOT DEMAND RESPECT

There is a huge distinction between demanding respect and commanding respect.  One can demand respect with virtue of your positional authority. Commanding respect means that because of your personality and your conduct, one is able to attract the natural respect from the people.

Ways to command respect:

  1. Build the competency or mastery in one area where you have mastered a particular craft. Your respect will be massively enhanced in social as well as professional circles.
  2. Be mindful of acting subservient. So many people have been treated so badly by their parents, their children, their bosses, that they automatically by now drop their profiles especially in front of the people whom they perceive to be more powerful and successful than them. When we don’t have a strong self-image, we stop seeing ourselves worthy enough. Start to build a healthy self-image based on your true potential.
  3. Learn the use of nuanced language. It means that you are not just thinking in absolutes but also in relatives.
  4. People who automatically command respect and usually never overly nice, which means the outward display of niceness to win favors. Best way to build relationships is to let them evolve naturally rather than force relationships.
  5. Demonstrate reasonable level of open mindedness which demonstrates that you are a keen learner.
  6. To set some boundaries. Start saying no to toxic relationships, forced interactions and meaningless relationships. Highly respectable people place a lot of attention to their time and have boundaries. Set healthy boundaries to preserve your time and your sanity.
  7. Simply look more respectable. When you value what you have been given, others will follow. Do not listen to people who make you feel like you are pretentious, materialistic or superficial for wanting to look after yourself. This is the way you value what you have been given and this is how you will enhance the respect that you attract as well.

FINANCIAL TRAPS TO AVOID

There are some common lifestyle traps that prevent people from being able to save and invest in their financial future. If you are someone who is ambitious and wants to make sure that you don’t run our of money, you have to avoid these following traps:

  • To buy/ rent a house in the main Capital city, close to all the hustle and bustle. This typically comes at a very premium price. A lot of people want to enjoy this seductive lifestyle. Unfortunately, this happens temporarily. Subsequently, you realise that nearly 50% of your income going only to sustain this kind of a lifestyle and housing costs and this doesn’t enable you to put aside money for savings.
  • Buy expensive cars- One should always think of buying expensive cars only when you have put aside a substantial portion of your income in your investments. So, after you have created this wealth or you have a good plan of regularly putting aside a share of your income towards investments, one may plan to buy a nice luxury car.
  • To spend a lot on eating out in fancy restaurants- It’s a temporary feeling of success if overdone. This hinders the growth of your net worth as excessive spending for these temporary pleasures erodes a lot of your income portion and doesn’t give cushion to your wealth. It gives a debilitating effect on your financial confidence.
  • To buy designer clothes-wearing designer clothes makes one feel like you are successful. But again, novelty wears out very quickly. It is better to buy well fitted and high-quality clothes and should not get addicted to spend a lot of their disposable income in these designer purchases.

THE FACT IS ONE SHOULD BE WEALTHY AND NOT JUST LOOK WEALTHY!

THE IMPACT OF INFLUENCERS ON EDUCATION

We are seeing the emergence of influencers in India. But people are also, at many times, skeptical of what these influencers actually do! But the good influencers are shaping or reshaping the public opinion on certain things that most people aren’t even aware of. And these things are directly or indirectly squashing people’s opportunities or suppressing them from succeeding. Good influencers provide original perspectives on the problems and their solutions.
A lot of the educational future is now going to be shaped by influencers- directly or indirectly. They are going to place pressure on traditional institutions to review what they are teaching. The most sought-after Educationists have started feeling that they are not really inspired, aren’t getting fulfilled, self-esteem is losing, and don’t have a great influence and impact! People have started to wake up to the fact that, obviously, there is something that they don’t know. That’s where good influencers play an important role in bringing these issues to the level surface because we can’t rely on traditional media to educate us completely on what is happening.
The problem now is that in this influencer space, there is abundant contamination, too. There are a lot of players in this space who don’t really have genuine expertise, and they are just taking information from one end and resharing it. In many cases, they are misinforming people and not providing deep and well-researched perspectives. A lot of them are fake in terms of the lifestyles that they are demonstrating is not the real lifestyle that they are living in. But the fact is also that you get bad people in every field and every industry.
People should not be dismissing the emergence of this industry because the coaches, mentors, consultants, speakers, and advisors are there to cover up the largely broken education system, and somebody needs to fix it since the institutions are not fixing it, and the social media has given a platform to influencers to actually get their voice out, and people can decide, no one is forcing. The good thing about this setup is that when you enroll yourself in a School or a university, you are forced to comply. However, when you are following an influencer, no one is forcing you. You’re choosing, and it’s a choice!

Coming up….. Rise of Digital CEO…

8 types of people you must avoid because

8 types of people you must avoid because

…They waste your time

Over the years, I have realised that there are certain kinds of people you have to learn to eliminate from your lives if you don’t have to waste your time and become more productive in life!

  1. FIXED MINDSETS PEOPLE
    They are very fixed in how they think, and inflexible in their thinking. They are not even open to any alternative ideas. Once their belief system is set, they are no longer seeking any new information. They will never do any value addition to the conversations. If you try and mobilise them, they will end up getting upset at you. These people never want to grow in life. Hence, they definitely should be avoided if you are ambitious and a high performer.
  2. PEOPLE WITH INCREDIBLE AMOUNT OF EGO
    Confidence is fine, but ego is when a person is excessively attached to his external identity. Always want to improve their social status, but they have no depth or meaning in their life. They may be intellectual in many cases but really lack wisdom. If you spend too much time with them, they start draining you.
  3. THE HYPOCRITES
    A person who says one thing and does another thing. You can’t rely on them, can’t really trust them. They will change to what suits their narrative.
  4. INCOMPETENT PEOPLE
    People who have never really acquired any serious skill set. They are all about relaxing and enjoying themselves. They are non-inspiring people, and it’s always disappointing being around them. They have no desire to acquire any competency around them.
  5. THE COWARDS
    They never stand for what they believe. They do not have the courage to speak up. I see cowardice as a lack of character. I can’t trust these people. When tough times will come, they will retreat. I avoid them both for my personal as well as professional life.
  6. VICTIMS
    They always act like life is happening only to them. They have no power, no energy, no control. They are always blaming the circumstances and blaming the people. They never inwardly reflect on themselves and take responsibility for fixing themselves. They always put accountability on others.
  7. PEOPLE WHO ARE OVERLY SENSITIVE
    They are all about their own feelings. They are so sensitive that they can’t really face the brutal realities of life.
  8. PEOPLE WHO ARE HATEFUL
    They are the envious lot of people. They always spit venom on others. They are always engaging in some sort of personal attack and mockery, because of their envy and insecurity.

BENEFITS OF REAL ESTATE INVESTING

If one were to inquire about the potential happiness of their parents or grandparents today had they purchased properties a few decades or even just a few years ago, it is highly probable that the majority would respond affirmatively. They would likely express their desire to have acquired those properties due to the escalating values observed in today’s market. Now, consider pondering the same question, as it is highly likely that your own grandchildren will pose it to you someday. Endeavor to avoid becoming the person who laments, “we should have bought.”
Instead, invest now to reap the long-term rewards…
There are many self-made millionaires who have created wealth from real estate. Real estate is the foundational source of wealth. Obviously, there are risks with real estate, just like any other investment.
Let’s understand 6 primary benefits of investing in real estate:

  1. CAPITAL GROWTH
    If you buy well and give due consideration to the location, there is a very high probability of Capital growth. This is called appreciation, which creates wealth for people.
  2. YIELD
    This means rent. If you are able to lease out your property, you realise that as the cost of living increases, it increases the rent. This, over a period of time, creates passive income source.
  3. TAXATION BENEFIT
    If you own real estate assets and incur expenses of holding that asset, and if you end up producing a net loss with those expenses, that loss can be offset against your payable income tax. This creates the tax benefits. Also, if you own real estate in the right ownership structures, e.g., in the name of trusts and companies, they can distribute the income from that asset in the most tax-effective manner. Another way of getting tax benefits is by claiming depreciation.
  4. FORCED APPRECIATION
    To be able to manufacture additional capital growth. This can be done by making improvements to the property- cosmetic level renovation or structural improvements. This helps not just in improving the capital value of your asset but also in attracting higher rentals.
  5. LEVERAGE ADVANTAGE
    Some of the smart investors put all their capital into buying real estate. They put enough to have a deposit, and the rest is borrowed from Banks. Now, with this purchase, the value of the asset appreciates on its full amount, including both components. This is how smart investors boost their wealth and accelerate their financial success.
  6. FANTASTIC INTER-GENERATIONAL WEALTH ASSET
    We find that people who are wealthy and are from second and third generations are majorly because their ancestors decided to pass on their real estate assets to the next generation. Over a long period, especially over 20-30 years, the real estate asset can grow significantly and create long-lasting wealth intergenerationally.

Though this all sounds so interesting on the surface, the fact is that real estate carries its own set of risks aswell. You need to be smart and savvy, you need to know your numbers, you need to know how lending works, and you need to have your emergency funds in order, and you need to do your research well to buy the real estate!

RISKS ASSOCIATED WITH STOCK MARKET INVESTING

We can never eliminate these risks. We can only minimize and mitigate these risk factors.
The first of those is called market risk. Even if you buy good stocks, if something is happening in the global economy and has the power to change the market dynamics, it can still adversely affect the stock prices or your dividends. Sometimes this market risk can also take the form of legislation change, or it could be a natural disaster, etc. The best way to handle this is that when you have bought good stocks, the only way is to ride it out, meaning as long as you’re not concentrated in 2-3 stocks, when these market risks happen, just sit through these turmoil times, wait for the market correction, which historically has happened most of the times.
The second risk is called the concentration risk. It means you are too concentrated to a particular company or on a particular industry or a location. This, at times, also creates much risk. Eg- you buy a good stock, but the location at which you are buying may be experiencing some volatility like a natural disaster, economic policy change, war, etc. This would certainly affect the stock price, even though the company, as a standalone, had good prospects. Now since you were not spread, a loss in this stock could be a consequence. The way to manage that is to have proper diversity in your portfolio, where you have stocks evenly spread across a few industries and across a few locations. Also, one should expose your stocks to large, medium, and small-size companies.
The third type of risk is called sequencing risk. It refers to the period when you have recently bought your stocks or created your investment portfolio, meaning it has a shorter time frame. To mitigate this risk, your investment gestation period should be about 10 years plus. The reduction in stock prices if any, is easier to recover in a longer time frame than a shorter one.

COMMON MISTAKE WHILE WE ENROL GROUP COACHING CLIENTS

MISTAKE WHILE WE ENROL GROUP COACHING CLIENTS

The fundamental reason why we at times fail to enrol a group of clients altogether is UNCLEAR VALUE PROPOSITION. People who sign up for a group coaching program usually sign up for very particular results. So, you have to be very clear as to what is the outcome that your client can expect and the timeline attached to it. The clearer will be your value proposition, the easier it will be your clients to say a Yes.

The second reason is INEFFECTIVE MARKETING STRATEGIES. The internet marketing is per say so much surrounded by the idea of ‘launches’ that we think that everything should eventually be a launch. Yes, in case you have strong social media network, or you have a mass email list, they you can certainly wait for many people to enrol and then you launch start your program. But what if this is not the case. Then the coach must focus on small daily interactions with potential participants. Depending on where you are in your journey, your marketing strategies need to be moulded.

The next level of mistake is done with POOR PROGRAM STRUCTURE. The structure has to include high engagements, weekly outcomes, follow-ups. This improves the quality of outcomes that you can create for your clients.

The fourth reason I state is called LACK OF EVIDENCE That is where it is very important that our records include stories or social proof about the quality of outcomes that you can create. It may also mean ‘Lead by example’. Be the example of the outcome that you promise your clients. Narrate stories of past, maybe without particulars of the clients as there be NDAs or non-compete signed. This will help the clients believe in you and believe in themselves also.

The last to enlist is PRICING & PAYMENT PLAN. It is hesitant factor. Usually if we give our clients what they seek, they are very honourable people. Offer extended payment plans and alike for people to be able to afford your coaching programs. Results create the value.