How Fortune 500 Leaders Spend Every Minute of the Day (Infographic)

How Fortune 500 Leaders Spend Every Minute of the Day (Infographic)

How do top business leaders spend their time?

How do Fortune 500 C-level executives (all at the vice president level or higher) from companies including Adobe, American Express, AT&T, Bank of America, Boeing, BP, Delta, DHL, Federal Express, GE, Google, HP, John Deere, Johnson & Johnson, Kelloggs, Motorola, Rio Tinto and Twitter spend every minute of their day?

The survey research showed that the typical corporate leader wakes up at about 6:15 a.m., exercises for 45 minutes and commutes 25 minutes each way. Every workday, he or she spends two hours and 25 minutes on email and texting, 25 minutes on strategy and planning, and 30 minutes on personal development.

The infographic below summarizes the findings.

 How does your day compare? Please share your comments below.

How Fortune 500 Leaders Spend Every Minute of the Day (Infographic)

How To Convince Your Prospects to Buy and Win Them Over?

How To Convince Your Prospects to Buy and Win Them Over?

So how do I make that sale? It’s the opposite of what conventional wisdom suggests. It’s like trying to win an argument. You might have taken on a more proactive approach especially when your prospect is a bit more reluctant and comes up with all types of excuses. Rather than coming up with things you might say next STOP!

If nobody is listening, then what you say won’t work.

Tom “Big Al” Schreiter

Have you ever tried to defend your position or views? If you think that if you salivate like a Pavlov’s dog while talking to your prospects the greater the chances of them buying your stuff you’re wrong! Forget all the conventional wisdom you’ve been taught.

The more you talk, the more the other person thinks of new things to say to support his position.

Tom “Big Al” Schreiter

Your efforts might be counterproductive, let’s say you’re the one who does the talking, the other person isn’t listening because he is already thinking of what to say next … It’s a vicious circle. You’ll never get your message across if your message is not being heard.

So rule number one of  convincing your prospects to buy and winning them over is the opposite what the logic suggests…  If you want to win an argument over agree with the other person first! That way you’ll open up a window of communication and prevent the other person from thinking of new things to say. And guess what happens if you agree to what the other person is saying? There’s no argument!

So the first step to convince your prospects to buy and win them over is to… agree. Then once you have your prospects full attention you can put your point of view across simply because other person is listening.

Want a hint?

Master these two simple words: “Of course.” Here’s how:

Prospect:I don’t have any money to join.”
You: “Of course you don’t have any money to join. That is why I am talking to you, because I know you want to change that situation. So let’s first look at how you can raise the money to …”

Prospect:I don’t have any time. I am way too busy.”
You: “Of course you don’t have any time. That is why I am talking to you, because I know you eventually want more time in your life. So let’s see how …”

Agreeing with the other person even if you don’t necessarily agree with everything opens up a line of communication to get your message across.

How to convince your prospects to buy and win them over

How to Train Your Brain to Stay Focused?

Why multi-tasking is bad for you?

As an entrepreneur, you have a lot on your plate. Staying focused can be tough with a constant stream of employees, clients, emails, and phone calls demanding your attention. Amid the noise, understanding your brain’s limitations and working around them can improve your focus and increase your productivity.

While multitasking is an important skill, it also has a downside. “It reduces our intelligence, literally dropping our IQ,” Rock says. “We make mistakes, miss subtle cues, fly off the handle when we shouldn’t, or spell things wrong.”

multitasking

To make matters worse, distraction feels great. “Your brain’s reward circuit lights up when you multitask,” Rock says, meaning that you get an emotional high when you’re doing a lot at once.

Ultimately, the goal is not constant focus, but a short period of distraction-free time every day. “Twenty minutes a day of deep focus could be transformative,” Rock says.

Related article: How To Reprogram Your Brain For Success?

Try these three tips to help you become more focused and productive:

1. Do creative work first.

Typically, we do mindless work first and build up to the toughest tasks. That drains your energy and lowers your focus. “An hour into doing your work, you’ve got a lot less capacity than (at the beginning),” Rock says. “Every decision we make tires the brain.”

In order to focus effectively, reverse the order. Check off the tasks that require creativity or concentration first thing in the morning, and then move on to easier work, like deleting emails or scheduling meetings, later in the day.

Related article: How To Reprogram Your Brain For Success?

2. Allocate your time deliberately.

By studying thousands of people, Rock found that we are truly focused for an average of only six hours per week. “You want to be really diligent with what you put into those hours,” he says.

Most people focus best in the morning or late at night, and Rock’s studies show that 90 percent of people do their best thinking outside the office. Notice where and when you focus best, then allocate your toughest tasks for those moments.

3. Train your mind like a muscle.

When multitasking is the norm, your brain quickly adapts. You lose the ability to focus as distraction becomes a habit. “We’ve trained our brains to be unfocused,” Rock says.

Practice concentration by turning off all distractions and committing your attention to a single task. Start small, maybe five minutes per day, and work up to larger chunks of time. If you find your mind wandering, just return to the task at hand. “It’s just like getting fit,” Rock says. “You have to build the muscle to be focused.”

Click here if you’re interested in training your brain to stay focused.

Related article: How To Reprogram Your Brain For Success?

Source: http://www.entrepreneur.com/article/235587

Economic systems and corporate world for dummies

Economic systems and corporate world for dummies

Ever wondered how economic systems function around the world but could never truly understand what’s it all about?

economic systems

One could think this cow represents a British corp…

Read these vivid common sense descriptions and you’ll finally understand how economic systems and corporate world work!

Just so you know, I had a terrible headache when I read this post (not an obvious thing to do when one’s head is about to explode!) and believe it or not, by the time I read it it was completely gone!

ECONOMIC SYSTEMS AND CORPORATE WORLD EXPLAINED!

Economic systems:

SOCIALISM
You have 2 cows.
You give one to your neighbour

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk

FASCISM
You have 2 cows.
The State takes both and sells you some milk

NAZISM
You have 2 cows.
The State takes both and shoots you

BUREAUCRATISM

You have 2 cows.

The State takes both, shoots one, milks the other, and then

throws the milk away

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy
grows.
You sell them and retire on the income

ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by
your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption
for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States , leaving you with nine cows. No balance sheet provided with the release.
The public then buys your bull.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.

Corporate world:

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to
produce the milk of four cows.
Later, you hire a consultant to analyse why
the cow has dropped dead.

A GREEK CORPORATION
You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds,
dairies, cold stores, abattoir, cheese unit and packing sheds.
You still only have two cows.

A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you want three
cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce
twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and
market it worldwide.

AN ITALIAN CORPORATION
You have two cows,
but you don’t know where they are.
You decide to have lunch.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
You have two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the ** out of you and invade your country.
You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive..

I trust that by now you understand much better both the economic systems and corporate world!

Top Ten Self-Made Billionaires

Proven Recipe To Become A Billionaire

Do self-made millionaires simply work harder than the rest of us to get where they are? Most people think the rich got lucky. People think their money wasn’t earned by hard work and strategic, calculated thinking, which is not the truth for most people. I need to disappoint you, a study by Datamonitor from 2002 looked at how people become millionaires – although a percentage did inherit or win their fortune, the vast majority earned it themselves.

Disappointingly enough ladies didn’t make it to the top ten, however, some of them were enlisted in the The Forbes World’s Billionaires list. Nevertheless, their wealth has somehow been inherited in one way or another…

Here’s how they (sadly only men among the top self-made billionaires!) amassed their fortunes…

1. Carlos Slim Helu

Net worth: $73 Billion

carlos 

His story from rags to riches:

Slightly less known than such personas as Bill Gates or Steve Jobs, Carlos ranks as the world’s richest man for the fourth year in a row. He clocks in billions of dollars from his telecom business. Slim does not hold an executive position at any of the companies he controls, but remains engaged and advises on strategy. He put his sons in charge of the industrial, finance and telecom companies he controls. Carlos is a multi-billionaire with a difference, despite his fortune this 71 years old man lives in a modest six-bedroom house, a mile away from his office. He doesn’t believe in conspicuous consumption and has no interest in flashy yachts or palatial houses around the world. He is of Lebanese origin and like his fellow countrymen believes in living a simple family life.

2.. Bill Gates

*temp*

His Story from rags to riches:

Well, not quite from rags as Bill’s parents could afford to send him to Harvard from which he later dropped out. Some may argue whether he’s some genetically mutated genius but he did in fact revolutionise IBM’s operating system. Considered the Rocky Balboa of the business world Gates proved that if you’re smart and willing to work hard, you can build an empire!

3. Amancio Ortega

arma

Net worth: $57 billion

His Story from rags to riches:

Spain’s Amancio Ortega is a former chairman of Inditex best known for its Zara brand. Ortega also has a real estate portfolio, much of it acquired during the financial downturn. A railway worker’s son, he started as a gofer in a shirt store. With then-wife Rosalia Mera, also a billionaire, he started making dressing gowns and lingerie in their living room. In December 2012, Spanish media reported that Ortega paid half a million dollars to prevent paparazzi from publishing photos of his daughter Marta and her equestrian husband Sergio Alvarez on their honeymoon in Cambodia and Australia. Marta, who works for Inditex, is reportedly expecting a baby boy.

4. Warren Buffet

buffy

Net worth: $53.5 billion

His Story from rags to riches:

Warren Buffett struck again announcing a deal to snap up iconic ketchup producer Heinz. Call it back luck but his fortune didn’t prevent him from undergoing a radiation treatment for prostate cancer last summer. He began buying up shares of a struggling textile company called Berkshire Hathaway. Though Buffett has called Berkshire “the dumbest stock” he ever bought, the firm has long since shed its textile assets and today serves as Buffett’s famed investment vehicle.

5. Larry Ellison

10th Annual Living Legends Of Aviation Awards - Arrivals

Net worth: $43 billion

His Story from rags to riches:

Larry Ellison worked his way up with zero family connections and no inherited wealth. Ellisondidn’t know he was adopted until he was 12. He dropped out of university after his adoptive mother died. (Ellison’s best friend, Steve Jobs, was also adopted). Ellison ended up going from one odd job to another, with just enough to survive on fast food and buy gas. He eventually got a job at Ampex Corporation where he found his calling. Ellison and two co-workers worked on a project that would be the start of the billion-dollar software empire, Oracle. He once joked that he “had all the disadvantages required for success.”

6. Charles Koch

charles

Net worth: $34 billion

His Story from rags to riches:

The world’s sixth-richest person (tied with brother David) built his fortune around refining and chemicals, the right places to be last year amid falling natural-gas prices and recovering demand. However, things didn’t go so well on the political front: Charles, a die-hard libertarian,failed in his quest to unseat President Barack Obama as president.

6. David Koch

davi

Net worth: $34 billion

His Story from rags to riches:

Tied with older brother Charles as the world’s sixth-richest person, David runs the chemical equipment side of Koch Industries from his home in New York. More active than Charles in politics, he bet a lot on ejecting Barack Obama from the White House and lost but he isn’t giving up on his project to drive down government spending and increase economic freedom.“We’re not going to roll over and play dead,” he said.

7. Li Ka-shing

li

Net worth: $31 billion

His Story from rags to riches:

Asia’s richest person Li Ka-shing is considered to be one of the most powerful figures on the continent and was named “Asia’s Most Powerful Man”. However, the beginnings were not so easy, after his father’s death he was forced to leave school by the time he was 15 and found a job in a plastics trading company where he labored 16 hours a day. Today he is the chairman of an investment holding company and the world’s largest health and beauty retailer At the age of 84, Li still oversees one of the world’s most far-reaching empires with 260,000 employees in 52 countries.

8. Michael Bloomberg

bloomb

Net worth: $27 billion

His Story from rags to riches:

Bloomberg put himself through Johns Hopkins and Harvard and became a partner at Salomon Brothers. He started his own company which revolutionized the distribution of financial information and made him a billionaire. In 2002, Bloomberg became mayor of New York City. He was re-elected for a second, then a controversial third term. Now well into his final term, Michael Bloomberg has a new mission for his post-political life: eradicating gun violence.

9. Sheldon Adelson

sheldon

Net worth: $26.5 billion

His Story from rags to riches:

Sheldon Adelson became an entrepreneur at an early age. He created several very successful businesses, and developed the computer trade show COMDEX. He went on to build casino resorts in Las Vegas and Asia, and later ventured into politics, generously supporting Republican causes and candidates.

10. Karl Albrecht

karl

Net worth: $21.5 billion

His Story from rags to riches:

Karl Albrecht owns Aldi Sud, a giant German discount supermarket chain, with 4,600 stores in 9 countries, including 1,200 locations in 32 US states. Karl and his late brother Theo began working at their mother’s corner grocery store after World War II and turned it into a large retail chain with low prices and no frills. The brothers split ownership: Karl took the more profitable stores in southern Germany, plus the rights to the brand in the UK, Australia and the US.  Karl Albrecht, now 93, resigned from the operational business and stepped down from the Aldi advisory board.

Subliminal Power Review – The Good and The Bad

subliminal power review

Subliminal Power Review 

subliminal power review

Subliminal Power is a subliminal message software. It flashes positive affirmations on your computer screen while you work or play. In this Subliminal Power review of reviews I compiled a list of its pros and cons.  Let’s dive deeper and find out whether it’s one of the best subliminal programs

Subliminal Power Review – Benefits

Pros:

  • virus-free and does not interfere with any other programs on your computer
  • downloadable and CD version
  • well-tested
  • the user interface is modern, simple and fairly intuitive
  • free upgrades
  • very affordable, great value for money compared to competitors
  • you can customise it to suit your needs e.g. create your own subliminal scripts, or edit the existing ones to fit in better with your own needs
  • used by Olympic athlete winners, software giant Microsoft and the US Army, Tiger Woods, Steven Spielberg, even the US Government 
  • you can write your own subliminal power programs unlike with  any other free software on the market
  • you can add it to your launch programs for your convenience
  • you can use the software secretly at your workplace
  • 28 day money back guarantee

Subliminal Power Review – Disadvantages

Cons:

  • could look a bit more professional although that’s probably the reason why it’s  so slick

Does Subliminal Power work?

Users claim that the software is affordable, well-tested, runs smoothly and works just as advertised resulting in some noticeable yet subtle changes. Most buyers would recommend the product. Click Here To Get The Best Price.

If you liked my Subliminal Power Review Click Here To Get The Best Price.