Master Investor Magazine March 2016 - Building Long Term Wealth With Dividend Income
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Transcript of Wealth Magazine
There is nothing in the world that is as
powerful as words. you have probably
heard it beofre nad I am here to empha-
size it. Sometime ago, we looked at the
power of the mind and thoughts and
how they attract circumstances. That
discussion led us to the conclusion that
thoughts are attractive. Today allow me
to forward to you another dimension;
Words are creative. This is to say, if the
thoughts we allow to dominate our
minds attrct circumstances, it is our
words however that will those circum-
stances into reality. Given the close rela-
tionship between words and thoughts,
this is a given.
I am not theologian but if you may, allow
me to interpret the biblical narration of
the Creation Story. God looked at the
desoluste place that the world was and
he had a wild imagination. He saw light
in his mind; trees, rain, water and all the
other natural things created then were
all presented into his mind. it was how-
ever after he had said the amazing
words 'Let there be' that there was. Had
he not said this, his ideas might have
probably dissapperead in his head and
we would not have this wonderful world
that we live in today.
Although we are not as powerful as God,
similary we can create whatever we
want with our lives, steer them in the di-
rection we want and creating the lives
that we want.
Words have been likened to a ships's ra-
dar. Although I ahve never seen it, I have
been made to understand that it is a tiny
component of the ship which does not
amount even to a percentage of the
ship's entire size yet it the very same
thing that drives ships into opportunities
gloom or untapped lands. Similarly, the
tongue is a tiny, seemingly useless part
of our body yet it is the most powerful
too that we possess, a tool that can
drive our live towards greater heights.
Wealth Editor
Imakando Musho
www.imakandomusho.com
www.imakandomusho.com
I actually worked for a large corporation in long ago days.
While the time there taught me that corporate life wasn’t
the career that I ultimately wanted for myself, I also
learned a lot from my mentors on ways to get ahead,
much of which is good advice no matter what career
choice you choose to take.
When it comes to your career, it is usually small things
over a long period of time that add up to the success that
you achieve. Getting into the habit of making small im-
provements on a daily basis will reap huge rewards over
the long run. If you find yourself at your desk with some
free time, here are 25 things you can do to help improve
your career.
Find A Mentor: If you do nothing else on this list today,
do this. Find someone (or several people) that you re-
spect and ask them to mentor you. Most people will be
more than happy to pass along advice that they have
learned over the years which can be invaluable in helping
your career. They will also be great people to use as a
sounding board with ideas you have and help you figure
out the best way to obtain the goals you are seeking to
accomplish. A mentor can have amazing effects on your
career and will make your advancements much easier.
Start Your Own Part-Time Business: I’m a firm believer
that if you want to have the perfect job, you’re going to
have to go out and create it yourself. While I have had
many jobs over the years that I have truly enjoyed, it was-
n’t until I started building my own sites and blogs that I
realized what true passion for something was. Begin part-
time and build slowly when you have free time, but start
the process today. Five years from now you will be so
thankful that you did and you might even find that it ends
being your full time work.
Identify How You Procrastinate: We all do it, but if you
can identify how you’re doing it and put in a system to
discourage yourself from doing so, you will dramatically
increase your productivity. My big vice was watching TV
far too much and I’ve had to also ween myself from
spending too much time on social networking sites as
well. Once you have identified places that you are spend-
ing too much time, take steps to reduce the amount the
time you spend on them and instead use that time to
further your career.
12
Way
s To
En
han
ce
You
r C
aree
r Andreas Viklund
Pinpoint Work Essentials: The big myth in business is that
the ones who work the hardest are the ones that get
ahead the most. Working hard is important, but working
smart is just as important. Working smart means finding
the areas within your job that are essential to your group
and to the company and focusing most of your resources
in those area. This is one of the best pieces of advice I ever
received when working for a large company. Take some
time to look at your job and what portions of it are most
essential to others both inside and outside your group. If
you pinpoint those areas that are most essential, you be-
come the person that people come to when things need
to get done.
Begin Making Lists: I used to think that making lists was
useless until I started making them myself in a way that
was useful for me. I actually have two lists – one is a list of
all the things I want to do and one is my daily must do list.
On the daily list, I only place the three most important
things I have to do that day and work on those three
things until they’re done. Once finished, then I can go to
my general list and choose projects from there. This en-
sures that I get those things that I may not like to do as
much that would be constantly delegated to the end of
the longer list. How you develop your list to work for you
may be very different, but creating a list system will help
you be more productive. Once you complete something,
don’t throw the list away. Instead, date and file them in a
work completed folder. This will allow you to have a docu-
mented list of all the tasks you accomplished which you
can take out at your next performance review or when
asking for a raise.
Learn a Second Language: As someone who was the worst
student ever when it came to languages in school, I’m
living proof that absolutely anyone can learn a second
language. I think all of my high school language teachers
would roll over in their graves if they knew I was proficient
in Japanese. Being proficient in a second language can
open up a lot of career opportunities and is well worth
pursuing if you have an interest in one. There are plenty of
resources online including those developed by the Foreign
Service Institute.
Take Some Classes: Too many people feel that education
ends when you receive that college diploma. In fact, it’s a
never ending pursuit even if you aren’t taking formal clas-
ses. There are almost certainly classes you can take or
skills that you can obtain that will make it easier for you to
advance in your career.
Take a few moments to talk with your boss or a mentor
to find out what skills will make your advancement easi-
er. Talk with your personnel department and ask if they
will help pay for you to obtain these skills. Many will. It’s
easier than ever to take classes while working full time
with online education.
Update Your Resume: Take some time to look over your
resume to update it and improve it. It’s always a good
idea to have an up-to-date resume handy on the off
chance that another opportunity arises. Make new cop-
ies and place them in your briefcase so that they are
always ready to hand out.
Make A Few Calls: For the exact same reason that you
should send out some emails, you should also make a
few phone calls to catch up with peers and others. Call-
ing is a more direct approach that will make sure that
your message doesn’t get lost in all the other emails the
recipient receives.
Make A Lunch Date: One of the most effective tools I
used when I was working for a large company was the
lunch break. First because I really didn’t like eating
alone, but later because of all the advantages that come
from it. Lunch dates give you an opportunity to talk with
people about ideas you have in a more informal setting
than the office. Making a lunch date is also excellent
way to network and catch up with peers and mentors,
or to meet someone new you’ve wanted to talk to. If
everyone seems to be too busy with their work sched-
ule, this is an excellent time to set up a meeting.
Go To Career Events: Take some time to research what
meetings, presentations, talks or events are taking place
in your area which are related to your career and sign
up to attend. Not only are you likely to gather some
good information, these are excellent places to meet
new contacts and expand your contact network.
Weaknesses Into
Strengths By Imakando Musho
Every one of us has an attribute to our characters
that we do not like and are constantly trying to
change. Sometimes we go to great lengths buying
ourselves stashes and stashes of self improvement
books, attending seminar after seminar and paying
outrageous consultation fees for psychologists, psy-
chiatrists and life coaches just to change and im-
prove ourselves. The desire to be better people,
better husbands, better colleagues, and better
workers even better employers is natural to us as
humans. We all want to change for the better Frus-
trated at my weakness of talking too much, I lis-
tened to tapes of Joyce Meyer, Creflo Dollar and
Kerry Shook about the power of the tongue and yet
I did not come close to change and become the
person that I had wanted to become. I got even
more frustrated as I realised the power that the
mouth and the tongue has and the trouble mine
was likely to lead me into.
Tired, I said heck, this is who I am and let me not
change for anyone. Most people want to change
because they want to please someone, fit a certain
social status or please their friends. It was only
after I had packed all the tapes and books I had
bought or borrowed on the subject and put the box
away that I discovered the amazing mine of possi-
bilities that this weakness held for me; things that I
could do for myself improvement. I discovered that
I could take my motivational career to the next step
and include motivational speaking to my resume,
take up radio, acting and voice acting and voice
overs (amazingly most people who talk too much
have amazing voices).
Most of us want to run away from who we are be-
cause of the belief that that the other side is green-
er and better that where we are. However the ac-
ceptance of who we are is sometimes the only way
that we can move forward. Whatever our weak-
nesses, If we search deeper, there is always an up-
side to them, things we can use to catapult our-
selves into the forward zone. The first step to real-
izing the power of our weaknesses is by first ac-
knowledging them.
If you are a generally weak character admit
it. Do not run away and take refuge at the
gym, yoga classes or steroids. Rather em-
brace it and acknowledge it! The fundamen-
tal mistake most of us make is closing our-
selves from us; away from who we are. That
will only lead to further frustration.
We have to explore ways with which we can
transform our weaknesses into strengths.
The perfect example is that show that once
aired on Music Television where a gang of
professional conmen tired of how they had
ruined many people’s lives decided to turn
their weakness into strength and decided to
share with the vulnerable public how they
are usually conned. Besides this show fatten-
ing their bank accounts I believed it also
helped a couple of people avoid losing their
wealth to conmen.
We have to use our newly found strength to
the best advantage of every human around
you. When you do that, your life can move
into the forward zone because its power and
strength lies not in manipulation of people
but in aiding humanity improve itself.
We should however understand that even
though we should embrace our weaknesses,
there are aspects of character that I believe
people should deal with and try to change.
Such character attributes as gossiping, ex-
cessive lying, pedophilia, drug and sex addic-
tions, abusiveness in relationships, quick
temper, rape and low self esteem should be
addressed and people who have these prob-
lems should seek professional help..
If you want to change your fortunes, devel-
op an art of self discipline that will not allow
deferring from the very progress you might
have made. Find an accountability partner or
practice the Eastern forms of meditation
such as Yoga which have been proved to aid
the mind focus.
Go Ahead, Start That Side Business 3 entrepreneurs offer tips on how to have a full-time job, sideline business and a great life.
By Margie Zable Fisher
If you're working for someone else, chances are
you've thought about being your own boss at
some point.
One of the easiest ways to become your own boss
is to start a sideline business while you're working
for someone else.
Choose a Sideline You're Passionate About "My sideline business was created out of passion.
I have two children with life-threatening food al-
lergies. I have always dreamed of having my own
business, so this has provided a great opportunity.
Plus, the timing is right for food allergy aware-
ness, as it continues to grow and be a national
health concern," says Dina Clifford of Centennial,
Colo., founder of Mind Flight LLC, which offers
products that teach children and those who care
for them the principles necessary to stay safe with
food allergies.
Create Clear Boundaries
Sue Sweet's sideline business, BedHog, is a his-
and-hers line of bed sheets that she founded in
2008 in San Carlos, Calif. But Sweet makes sure
she gives priority to her full-time job.
"Make sure you give 110 percent to your day
job," she says. "You probably need the money,
and it's the right thing to do. You do not want to
be perceived as the person who is slacking off be-
cause you have something else on the side."
Fries notes that many women in the work force
have sideline businesses, such as Avon, Pampered
Chef, Partylite, etc. "SizeWize.com is handled
outside of my work hours or during my lunch
time, so it doesn't interfere at all with my full-time
job."
Show Your Employer How Having a Side-
line is Useful
"Not only does my employer know about my
sideline business, but I was hired because of it,"
Sweet says. "I was previously with a very large
software company, and the position I was apply-
ing for was at a startup. The startup team was con-
cerned that having worked so long at a big firm
with considerable resources, I might not be able to
'roll up my sleeves' to do the necessary tasks at a
startup.
While other employers may not be so open-
minded, you learn many useful skills as an en-
trepreneur that can be applied to your full-time
job. Case in point: At night, Clifford was re-
searching ways to promote her sideline business,
and she learned how large companies were using
Twitter effectively to promote their businesses.
Says Clifford, "If I hadn't been looking for new
ways to promote my sideline business, I would-
n't have learned about this. Since social media is
still new to my employer's industry (oil and gas),
I was able to suggest some ways that we could
use Twitter and other social media to achieve
some marketing goals."
Set Up a Strong Support System
With a full-time job, a sideline business, family
obligations and the need for a life, a strong sup-
port system is critical.
"I really rely on my support system to help me
make everything work," Fries says. "When I had
my first child, my husband and I moved back to
my hometown to be nearer to a strong support
system, including my parents and sister. My par-
ents watch our two boys often and are my back-
up if the kids are sick and can't go to day care.
And even better, when everyone is healthy, they
will usually take the boys once a week to sleep
at their house, which the boys love, and [which]
is critical to the 'adult time' that my husband and
I need."
A supportive spouse is another must-have. "My
husband and I are a great team," Fries says. "We
are very good at managing our time and energy
to focus on both our jobs and the children. When
I decided to launch SizeWize.com, he was more
than supportive. He encourages me and gives
guidance if I ask for it, but knows that this is my
project and lets me fly with it on my own. We
celebrate the victories, and he supports me when
I am overwhelmed."
And don't forget the kids. All of the business
owners in this article have children, and they all
help out.
Family And Work The Struggle Of Many Working Mothers
By Dian Jones
Make the Most of Your Time
Knowing that time is a precious commodity to
most working parents, it is important to make the
most of what little time you may have to spend
with your children. Make the time you spend with
your children more memorable to them by doing
something they enjoy doing. Whether it is playing
catch in the front yard, baking cookies or playing
a game together, your children are sure to cherish
their time with you more if you choose activities
that allow for sharing of daily events or talking
about their concerns. Keep a relationship with
your children that is strengthened by open discus-
sion
Keep up with what your children are interested in.
Being aware of what they enjoy doing helps you
to choose activities that they will enjoy doing to-
gether.
Don't forget that even the small things, like reading
a book together at bedtime, can make a big impact
on your children and their sense of security. Even
the shortest amounts of time can be quality time.
Accept help. When relatives or friends offer a help-
ing hand take it. If a grandparent offers to babysit,
though it may be difficult for new parents experi-
encing separation anxiety, allow them to keep the
kids. This is a perfect time for you to pamper your-
self, take some alone time to relax, or spend quality
time with your partner. Occasional time to relax
will lower your stress levels which will in turn as-
sist the quality of time spent together as a family
From time to time the working parent is forced to
bring work home with them, or in some cases peo-
ple work from home. If at all possible keep work
and family time separate. Either save work for after
the children's bedtime or set aside a certain time of
day when a spouse or family member is able to
help. Less distraction from the kids will aid your
productivity and make you less likely to show an
aggravated attitude towards your children.
Family And Work
If working from home attempt to work during
down times for the children. While they are at
school, taking naps or taking time to watch a
movie are good examples of times to work. Try
to lower the amount of multitasking you do
when the kids are involved, this will make jug-
gling work and family much simpler and less
frus- trating for you
Tips & Warnings
The drive home from school or the day-
care is the perfect time to discuss the
events of the day.
Helping your child with homework is an
excellent way to show them how much
you care about what is going on in their
lives.
Remember the amount of money you
spend does not affect the way your chil-
dren feel about you. Time spent together
is much more valuable than material
items.
Even though you may be tired attempt to
keep disgust and aggravation out of your
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