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Self Development

5 Ways To Channel Your Inner Millionaire

Here’s how to harness your brainpower to maximise productivity.

Scott Halford

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Chakras

By nature, many entrepreneurs are inventors and good at solving problems. But how easily, or naturally, do these creative and practical processes come to most people? How can we harness the right frame of mind to make money and improve productivity?

The part of the brain that sets humans apart from the rest of the animal kingdom is our prefrontal cortex (PFC). It is the ‘executive’ part of the brain – the money-maker. It regulates emotions, thoughts and ideas, and makes success and fulfilment possible.

Related: 8 Money Mistakes to Avoid on Your Way to Being Wealthy

But the PFC must be coaxed into action. Vanderbilt University management professor, Richard Daft, says that the average human spends only about 2% to 10% of their time each day using the executive brain. The vast majority of our time is spent reacting reflexively, just like the other animals on the planet.

The better characteristics fall under the executive mind. Now, imagine what you could produce if you could add just one more percentage point to your own executive category.

Five ways to harness your executive mind

1. Lead it.

Direct your brain to focus on something. You decide what your PFC will attend to, instead of allowing it to scan the environment for something novel and interesting. This is a deliberate, executive-level function that requires your full effort. The more you focus, the more insights you get.

2. Weed it.

Avoid messy thinking by moderating what’s on your mind. If you don’t, your brain might take the break it needs without asking your permission.

When this happens, it will shut down and go into the reactive animal brain. This can lead to trouble.

One way to weed out the items on your brain’s plate is to turn off every device that can contact or distract you for one hour each day.

Close your door and work on just one task. You’ll probably get more work accomplished in that hour of focused time than you would in four hours filled with distractions.

Also, tell your brain what you deem most important by prioritising your to-do list. If you don’t prioritise, your brain might go for what’s easy, which may not be ideal.

3. Speed it.

Give your memory a break and speed up your thinking. Instead of trying to remember all that you have to do, write it down. By redirecting this energy you will have more to draw upon to be creative and productive. Thinking slows down when you overcrowd your brain with disparate things to recall.

4. Rest it.

We all know the virtues of a good night’s sleep. But daytime rest is critical to fuelling the brain as well. Taking regular quiet intervals to allow your PFC to do what it wants to in the first place – wander and reflect – helps to prime it for the more critical tasks of thinking and problem solving.

Take a walk or distract yourself with something completely off subject throughout your day. Creating deliberate distractions will prepare you for bursts of brilliance.

5. Feed it.

Your brain operates on glucose and oxygen. It eats up about 20% of your total body glucose.

If you’re a hard-charging person who skips meals, or eats foods that are high in fat, you’re not giving your brain a chance to bring in the next really big idea.

Try complex carbohydrates and sugars (also known as low GI) found in potatoes, brown rice, grains, fruit and vegetables. Feed your brain well and it will more than feed you.

Animal

 

Related: How to Become a Millionaire by Age 30

Scott Halford, CSP is an Emmy Award-winning writer and producer and an engaging presenter. His expansive knowledge in the area of achievement psychology, which includes brain-based behavioral science, emotional intelligence, critical thinking and the principles of influence add richness and depth to his programs.

Self Development

The Anatomy Of Peak Performance

Besides paying lip service to “positive thinking” what is the reality behind hard work and the remuneration for it?

Dirk Coetsee

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tony-robbins

“The quality of your life is dependent upon the quality of the questions that you ask”

– Tony Robbins

Positive thinking clichés

We all have heard repetitive clichés emanating from the mouths of our parents, teachers, friends and family such as:

  • “Just work hard and you shall be rewarded”
  • “What you sow you shall reap”
  • “Think positively and all will be better”
  • “Do not worry tomorrow will be a better day”

Yet most family members and friends will complain that they work hard but that, in their minds, they are overworked and under paid. Besides paying lip service to “positive thinking” what is the reality behind hard work and the remuneration for it?

Related: Business Leadership: Leading A Culturally Diverse Business Team

The purpose of hard work

“Whatsoever your deepest driving desire is, so shall your thoughts be, as your thoughts are, so shall your deeds be, and your deeds shall echo in all eternity” – Upanishads

“As a man thinketh so is he.” – Proverbs

The only real reason for hard work is to build perseverance and “strengthen your spine” because it is very hard to give up on a cause if you have sincerely put in a lot of hard work. However take the time to consider that when you really love what you do and you live your purpose, long hours do not feel so long and hard work can even be energising as opposed to making you tired all the time. When you are driven by purpose and love what you do there is less stress involved within your efforts and better performance will result.

Of the upmost importance is the quality of the work that you put in versus the amount of hours spent doing your work. A razor sharp focus on the activities that serves your business purpose and vision which in turn increases profits is a requirement of smart work.

The Pareto principle applies here:

On average team members spend only 20% of their time on the activities that really serves the business purpose and vision and brings in the desired business results and 80% on activities that does not fully support business results or only to a very small degree. Smart and quality work is therefore ensuring a razor sharp focus and spending 80% of your time on the 20% of the activities that really drives business results.

“The quality of your life is dependant on the quality of the questions that you ask”
– Tony Robbins

How do I identify the twenty percent of the activities that bring in the profits and serves our collective purpose? Now, that is already a better quality question than for example: “Why am I so tired? Why am I so de-motivated? When you ask high quality questions you are already starting to train your brain to come up with better quality answers that will lead up to better quality actions, that is if the reader is brave enough to venture outside of the self-imposed boundaries of his or her own comfort zone.

The following table clearly highlights the difference between high and low quality questions. High quality questions that is answered and acted upon consistently leads to peak performance and lowered stress levels.

Related: Leadership: The Principle Of Authenticity

Low quality questions often leads to excuses that are void of solution driven thinking and increased stress levels:

High quality question. (Peak performers should ask) Low quality question. (That generally leads to poor performance)
What creative solutions can we come up with in order to generate more leads from our marketing campaigns? Why is it so difficult to get leads?
Which accurate metric system can we put in place in order to measure all activities that will reveal which ones drive the most profit? Why am I so overwhelmed by everything that needs to be done?
What type of candidate with which type of characteristics do we need to serve our collective purpose? Why is it so hard to find the right person?
How can we align all our processes and systems and remove waste (waste of time and waste of effort) to deliver better results? I am so tired and demotivated, why is this not working?


The three pillars of peak performance in business and any area of life

1. A laser focus on Purpose

Being purpose driven and doing what you love is a key factor in producing the desired results and delivering a great performance consistently. Then people start acting out of own accord and no longer have to be asked to do their work.

2. People skills

Sincerely care for people. Study and learn until you know how to speak to different personality types and respect different world views in order to get the best out of each individual. Inspire people to want to do what they sincerely love instead of constantly telling them what to do. Ask high quality questions to your team members to help them to train their brains to come up with high quality answers and solutions. Study human behaviour to understand your clients better and improve upon your people skills in order to enhance your customers’ experience of your product and service.

3. Technical skills

A high level of product knowledge, sales skills, and knowledge of all business processes and systems is of course a requirement of sustainable success. Technical skills only however becomes a potent driver of sought after business results when combined with highly developed people skills.

A peak performance equation

Carefully selecting from the key points of this article the following “peak performance” equation is created:

Being Purpose driven x Asking high quality questions x taking immediate action (no procrastination) x developing to a high level of people skills x developing to a high level of technical skill x Removal of waste (Time wasters and a waste of effort)  = Peak performance.


**** Multiplication is used within this equation to portray the fact that all elements within this equation is necessary to create a peak performance environment. Therefore if one element equates to zero the answer is zero, and will not lead to a peak performance environment.

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Self Development

21 Inspiring Quotes About Success, Persistence And What It Means To Be An Entrepreneur

Leaders of companies big and small share the mindset it takes to achieve your dreams in the face of all obstacles.

Entrepreneur

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True, being an entrepreneur can be exhausting, lonely, frustrating and terrifying. But it’s worth every drop of blood, sweat and tears when you are pursuing your passion, turning your dream into a reality.

In an ongoing series called Real Entrepreneurs, we pick the brains of founders and leaders about what it is like to have every decision big and small rest on their shoulders and have compiled their thoughts on what it takes to succeed on the long, sometimes crazy journey of an entrepreneur.

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Self Development

The Mindset Strategy From The “Rock Star” Coach Can Turn Your Beliefs Into Results

William Badenhorst, a Director of Global Strengths shares his mindset secret to ongoing entrepreneurial success.

Dirk Coetsee

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dirkcoetzee_-feature-image

William Badenhorst, a Director of Global Strengths, is a coach to the coaches. His “Rock Star” attitude along with the deep driving desire to help others find their true selves formed the fabric of a highly interesting and entertaining interview.

The rolling thunder of his voice brought forth quote after quote, quip after quip and wisdom after wisdom. As a “peak performance coach” to professional athletes, celebrities,  entrepreneurs and corporate career orientated individuals, William believes that knowing who you truly are as an individual is the catalyst for lasting growth and useful change in business and in life in general.

His intense eyes and energetic hand gestures emphasized one of his core beliefs and that is that we all are nothing but our very own beliefs.

“Everyone is focused on Results”

Everyone is always focusing on the outcome – the results they want. But what creates results? Let’s do some reverse engineering. In order to achieve RESULTS we need to take ACTION. And in order to take ACTION we need to make a DECISION. To make a DECISION, we need to think about it – THOUGHTS.

The interesting thing about humans is that we do not create our thoughts, we can only control them. So what does create your thoughts? Your BELIEFS creates your THOUGHTS. So ultimately your BELIEFS creates your RESULTS.

“You don’t attract what you want, you attract what you are.”

dirkcoetzee_featured1

It is our very own limiting beliefs, such as for example that “I am not good enough” and “I am not deserving” and “I’m not worthy ” that creates barriers to our own success in entrepreneurial ventures and in our lives. In order to reach our limitless potential we must find and remove the self-created barriers that hold us back.

Although he loves the interaction and benefits of social media he is quick to point out that it also has created a fantasy of who and what we should be. He advises to not to adopt such fantasy as your desired reality but to instead be who you really are as an individual and goes on to quote the famous Greek philosopher Socrates:

“Know thyself, Be thyself and Love thyself”

You always end up falling back on your beliefs -whether they are empowering or disempowering. The challenge with that is that a large number of your beliefs are unconscious especially when you have not put in the work to find out what your belief system truly is.

Related: Osteostrong: An Exploding Global Movement Of Positive Change

Through his vast experience as a coach he realized that a large number of people veer away from self-awareness as they are afraid of being judged for whom they truly are.

Have Faith

The conversation naturally evolved into the exploration of the true meaning of the concept of faith and William’s mind grasped at a Quote from the apostle Paul:

“Faith is the substance of things hoped for, the evidence of things not seen”

He went on to explain that faith is evidence of true-self which creates certainty which in turn is equal to confidence. Confidence brings a certain state where everything flows. He calls it “Peak State”. He further advises to search for evidence of who you really are and gain belief in yourself.

Advice to young entrepreneurs

William’s thoughts on self-development for entrepreneurs are to get a Coach. If you are already in business and don’t have a Coach – get one!  Begin with taking extreme ownership and responsibility of everything in your life. And when you do that you win.

Stop blaming everything and everyone around you. Stop complaining about circumstances. You are in control and it is up to you to make it happen.  There are no un-resourceful people, there are only un-resourceful states. Go where you are celebrated not tolerated and love yourself unconditionally. Remove the very unrealistic expectations of what and who you should be and authentically be yourself. Believe in yourself and go all in on YOU!

Related: How To Conquer Your Fear Of Becoming an Entrepreneur By Being Disciplined

Become the best form of yourself because as an entrepreneur you are the business. Play to your strengths and manage your weaknesses. You do not need a title to lead, have massive self-belief and others will follow.

Have an attitude of constant learning:

“If you are the smartest person in the room, you are in the wrong room”

And then yet another quote rolled off his tongue that put me in a self-reflective mood:

“A person that shines from within does not need a spotlight”

William Badenhorst, the father, the coach, the entrepreneur and key note speaker left the author and the reader with a question of mesmerising depth:

“What if you woke up this morning with only the things that you were grateful for last night?”

Gratitude is everything!

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