Even though everyone defines success differently, for most building wealth is an important factor.In How the Rich Get Rich I shared information gleaned from the 400 individual tax returns reporting the largest adjusted gross incomes, which shows how the top 400 earned their money in 2009.(To you and me, 2009 was a long time ago but to the government it's pretty up to date.)Of course information found on tax returns can be just one version of reality. A report compiled by the Spectrem Group on th
Leadership is the art of persuasion—the act of motivating people to do more than they ever thought possible in pursuit of a greater good.It has nothing to do with your title.It has nothing to do with authority or seniority.You’re not a leader just because you have people reporting to you. And you don’t suddenly become a leader once you reach a certain pay grade.A true leader influences others to be their best. Leadership is about social influence, not positional power.If your actions inspire oth
By Jack and Suzy Welch Every type of business, not to mention every type of manager, has a different set of vital statistics that really matter. For manufacturing people, it could be inventory turns, on-time delivery, and unit cost. For marketing people, it could be new account closings, market share, and sales growth. For call center managers, it could be the time it takes to answer, number of dropped calls, and employee retention.If you’re running a business, though, whether it’s a corner st
A powerful, practical cheat sheet on architecting and sustaining great leadership The commitment to lead and not follow. Creating the architecture of great leadership. Great leaders have always recognized and developed their intellectual capital, emotional capital and spiritual capital, because they recognized that being smart was not enough, being heart centered was not enough, and being values driven was not enough. Leadership evolves; leadership grows by developing and engaging all three
Let’s face it, happiness and work do not tend to go hand in hand. A 2013 Gallup study, which reported data from more than 180 million people, found that just 13% of us consider ourselves to be “happily engaged at work.”Those who do rate themselves as happy are 36% more motivated, six times more energized, and twice as productive as their unhappy counterparts.The good news is that just 50% of happiness is influenced by genetics—the rest is up to you.When it comes to making yourself happy, you nee
Overview: Get specific. Seize the moment to act on your goals. Know exactly how far you have left to go. Be a realistic optimist. Focus on getting better, rather than being good. Believing you have the ability to reach your goals is important, but so is believing you can get the ability. Have grit. Grit is a willingness to commit to long-term goals, and to persist in the face of difficulty. Build your willpower muscle. Your self-control “muscle” is just like the other muscles in your body — when it doesn’t get much exercise, it becomes weaker over time. Don’t tempt fate. No matter how strong your willpower muscle becomes, it’s important to always respect the fact that it is limited, and if you overtax it you will temporarily run out of steam. Focus on what you will do, not what you won’t do. Do you want to successfully lose weight, quit smoking, or put a lid on your bad temper? Then plan how you will replace bad habits with good ones, rather than focusing only on the bad habits themselves.
Over the past century, the heartless, no-nonsense CEO has become something of an icon -- and a cliché -- in American society. Hollywood would have us believe that the Machiavellian chief exec is still alive and well. But that's just TV, right?...
As co-founder of Hotwire.com and CEO of Zillow for the last seven years, 39-year-old Spencer Rascoff fits most people’s definition of success. As a father of three young children, Spencer is a busy guy at home and at work.What’s the one thing that Spencer refuses to do on the weekend? Work—at least, in the traditional sense. Rascoff says:I never go into the office on weekends, but I do check e-mail at night. My weekends are an important time to unplug from the day-to-day and get a chance to thin
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