Strategies for Managing Your Business
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Strategies for Managing Your Business
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The Only Two Rules You Need To Know To Be Successful In Work And Life

The Only Two Rules You Need To Know To Be Successful In Work And Life | Strategies for Managing Your Business | Scoop.it

There are three skills you need to be financially successful: making money, keeping money, growing money. James Altucher is mostly only good at making money.


"I’ve had several instances where I’ve started a business, sold it, made a lot of money, and then basically lost everything I made, whether it was $50 million or $5 million or whatever," he tells Fast Company. "I always have a tendency to lose everything I made."


There are some simple rules, like drink coffee first thing in the morning and 20 minutes before you write so that it "sets your brain on fire, makes you go to the bathroom, cleans your body out before you set your heart on fire." Then, there’s his 30% rule, which basically says that everyone should cut or rewrite at least 30% of their masterpiece after they think they’ve finished it.


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The Learning Factor's curator insight, September 1, 2015 8:16 PM

Staying focused on the right things can make all the difference.

Adele Taylor's curator insight, September 2, 2015 5:36 PM

There is definitely a few things I can take away from this article. I like the ideas concept, and also when your not healthy physically and emotionally your work suffers!

John Norman's curator insight, September 2, 2015 6:15 PM

I shall be looking to leverage this advice for myself.

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How Successful People Stay Calm

How Successful People Stay Calm | Strategies for Managing Your Business | Scoop.it

The ability to manage your emotions and remain calm under pressure has a direct link to your performance. TalentSmart has conducted research with more than a million people, and we’ve found that 90% of top performers are skilled at managing their emotions in times of stress in order to remain calm and in control.


The tricky thing about stress (and the anxiety that comes with it) is that it’s an absolutely necessary emotion. Our brains are wired such that it’s difficult to take action until we feel at least some level of this emotional state. In fact, performance peaks under the heightened activation that comes with moderate levels of stress. As long as the stress isn’t prolonged, it’s harmless.



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rodrick rajive lal's curator insight, February 10, 2014 10:17 PM

This is simply not rocket science, but something that we have always known about, and perhaps forgotten down the road. Stress management has been the key to the success of everyone living in a society bordering on chaos. The successful mother, the mature director, the 'Mr Cool Dude' are all metaphors of successful people who manage their stress levels to remain calm even in the most challenging of situations. True, some might have an innate capability for remaining calm, but then others can train themselves too!

Madhav Sharma's curator insight, February 12, 2014 10:46 PM

just imagine some professions like Armed Forces, Medicine, Airline Pilots, shipping, police where stress levels are very high, yet many of them remain so calm and composed.  Its comes through extensive training. I guess we all have the potential to control our stress levels and be happy. Good reading 

Cruise Line Class's curator insight, February 21, 2014 8:48 AM

 

 

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What The Happiest People Know About Work

What The Happiest People Know About Work | Strategies for Managing Your Business | Scoop.it

Study, work hard, and you will be successful.

 

This was the mantra repeated by educators throughout my youth. None of them added "be happy" to the success equation.

 

But a growing body of research in positive psychology and neuroscience is demonstrating that happiness is the secret ingredient to success. It turns out, our brains are more engaged, creative, productive, and resilient when in a positive state.

 

All this unhappiness comes with a high price tag to businesses, costing more than $550 billion a year in lost productivity. In his book, Donovan identifies 60 simple steps individuals can take to improve their happiness and get back on the path to success. Here are six of the top things happy workers do:



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Denise Gabbard's curator insight, April 10, 2014 1:19 PM

Doing what you love can make you happy-- finding a way to make money while doing what you love is even better! 

Graeme Reid's curator insight, April 10, 2014 7:55 PM

If you don't enjoy what you do it is very difficult to be successful.  There are ways to re-frame the way that you look at things to help you focus on what is important to you.

Ivon Prefontaine's curator insight, April 22, 2014 11:01 PM

Avoiding energy sappers is what led me to retire from teaching. It was not the students and parents. It was the bureaucratic and technocratic nonsense that went on in school which passes itself off as education.