12 | The Value of Travelling
I’ve been primarily focused this week on 2 projects: shooting videos for the new YouTube channel and Unleash the Power Within event. In the next few weeks you’ll hear more about it. There will be a blog article next week in addition to a video in December.
As a sneak peek, I had yesterday the Dickens Process and it just blew my mind. It’s a neuro-linguistic programming (NLP) technique that operates in both subconscious and emotional level. The idea behind is what are the consequences of staying the way you are now, so you travel forward 15-20 years in time.
Have a great week and enjoy the content below!
🎥 This Week's Videos
📝 This Week's Blog Post
So, you think meditation is for the weak people and you don’t need it. You also think there are no benefits and it’s a waste of time. And you might finally think it’s a marketing tool. Alright, let’s talk about it.
💸 Financial Freedom
In the previous issue we talked about differences between bull and bear markets. Let’s discuss about something that looks easy but sometimes creates some confusion: Revenue, Profit and Cash Flow.
Revenue. This is the amount of money the firms make from the sale of products or services.
Profit. It’s the amount of revenue the firms gain after excluding costs, expenses, taxes and so on. All companies need to make profits!
Cash Flow. This is the the movement of money in and out of your firm (income and expenditure). This gives you a hint in terms of how well your company is being managed.
Revenue is vanity, profit is sanity and cash flow is reality.
🛠️ Work Smarter (Not Harder!)
Have you heard about Parkinson’s Law? It says that work expands to fill the time available for its completion. If you have all day to write your report, it will take you all day. If you have all day to make that call, it will take you all day… got the point?
I schedule 80% of what I need to do with start and end times. This helps me get stuff done quicker and avoid wasting days of being unproductive. It’s about using Parkinson’s Law to my advantage!
I mentioned before the power of calendars as quick wins to implement it. I always ponder the below quote from Tony Robbins.
When you talk about it, it’s a dream. When you envision it, it’s exciting. When you plan it, it’s possible. When you schedule it, it’s real.
🧳 Lifestyle Design
I always pay attention when people say things like “I don’t have time”, “I’m too tired”, “I don’t have money”, “I don’t have that technology” or “They’re against me”.
My first impression is that they just have a big book of excuses to justify their lack of action in life. But my second view is that they are just saying “I don’t want to commit”, “I don’t have the determination” or simply “I’m too scared to change”.
Did you know that Walmart in the early 70s had no money, time or technology? The press said they couldn’t compete with the big names at that time and they would go bankrupt. Commitment, determination and certainty were some of the “soft resources” they had to compensate. Today is history.
Don’t have time? Bill Gates doesn’t have more than 24 hours either.