A Strong Trading Mind
- Thread starter amitrandive
- Start date
The Smartest Long-Term Investment is You
http://www.entrepreneur.com/article/233495
The greatest gift you can give yourself, the wisest business investment you will ever make, is investing in your personal development. I am such a firm believer and advocate of investing in yourself that we hand every new employee CDs, books, and access to a digital personal development library. Why? Investing in the development of people is one of the largest competitive advantages you can create. When people ask me how they can advance in their careers, I tell them to spend as much time working on themselves as they are spending on their work.
Abraham Lincoln once said, “Give me six hours to chop down a tree, and I will spend the first four hours sharpening the axe.” With just two hours to do the actual chopping, Lincoln spent twice the time working on the tools of the job as he would on the task itself. In the task called your life, you are the axe.
When there is a tree in the way, some people grab that axe -- dull or not -- and start whaling away at it. When they realize they aren’t making a major dent in the tree, they quit and say it is somehow the fault of the tree. Don’t be one of those people. Realize that it’s all in how you swing the axe, how hard and in what arc and onto exactly which spot on the tree. Understand that all tactics can be measured, weighed, and improved. It starts with the axe — with you.
Learning doesn’t start or stop at school, through reading, or with great teachers. It also doesn’t start or stop with learning from your mistakes or from advice from friends. Continuous learning is a combination of all these things and so much more. When was the last seminar or adult-education class you attended simply to improve yourself? Think about it and make that change. Only you are challenging and developing yourself. Be open to learning and sharpening your skills. Investing in yourself means to never stop learning.
Sharpen your axe. Read just one chapter of an information-rich, inspiring book every day. Listen to 15 minutes of a life-transforming audio. Take a course or seminar every few months. Most of your life -- 99.9 percent-- is made up of things you do on automatic pilot. It’s essential that you take charge of your automatic pilot’s training and never stop investing in yourself.
http://www.entrepreneur.com/article/233495
The greatest gift you can give yourself, the wisest business investment you will ever make, is investing in your personal development. I am such a firm believer and advocate of investing in yourself that we hand every new employee CDs, books, and access to a digital personal development library. Why? Investing in the development of people is one of the largest competitive advantages you can create. When people ask me how they can advance in their careers, I tell them to spend as much time working on themselves as they are spending on their work.
Abraham Lincoln once said, “Give me six hours to chop down a tree, and I will spend the first four hours sharpening the axe.” With just two hours to do the actual chopping, Lincoln spent twice the time working on the tools of the job as he would on the task itself. In the task called your life, you are the axe.
When there is a tree in the way, some people grab that axe -- dull or not -- and start whaling away at it. When they realize they aren’t making a major dent in the tree, they quit and say it is somehow the fault of the tree. Don’t be one of those people. Realize that it’s all in how you swing the axe, how hard and in what arc and onto exactly which spot on the tree. Understand that all tactics can be measured, weighed, and improved. It starts with the axe — with you.
Learning doesn’t start or stop at school, through reading, or with great teachers. It also doesn’t start or stop with learning from your mistakes or from advice from friends. Continuous learning is a combination of all these things and so much more. When was the last seminar or adult-education class you attended simply to improve yourself? Think about it and make that change. Only you are challenging and developing yourself. Be open to learning and sharpening your skills. Investing in yourself means to never stop learning.
Sharpen your axe. Read just one chapter of an information-rich, inspiring book every day. Listen to 15 minutes of a life-transforming audio. Take a course or seminar every few months. Most of your life -- 99.9 percent-- is made up of things you do on automatic pilot. It’s essential that you take charge of your automatic pilot’s training and never stop investing in yourself.
Rags into Riches
http://economictimes.indiatimes.com...their-rags-into-riches/slideshow/44054304.cms
Billionaires rarely are made in a day. It's a story of grabbing opportunities quickly and following dreams tenaciously. They are made with limited means and immense hard work. Ask WhatsApp co-founder Jan Koum. Or Ikea founder Ingvar Kamprad. We profile billionaires who started with nothing but their dreams.
Jack Ma, Founder: Alibaba
Net worth: $20.2 billion.
Ma grew up in poverty. He couldn't get a job at the local KFC.
He failed the national college entrance exams — twice — before fi nally graduating and starting his career as an English teacher.
In 1999, he founded Alibaba.
Today, the online retailer handles double the merchandise of Amazon.
Jan Koum, CEO and co-founder: WhatsApp
Net worth: $7.7 billion.
Koum came to the US from Ukraine when he was 16 years old. His family, struggling to make ends meet, lived on food stamps.
WhatsApp's $19-billion deal to Facebook made Koum a multibillionaire.
Ingvar Kamprad, Founder, Ikea
Net worth: $3.9 billion.
When Kamprad was a 7-year-old boy in rural 1920s Sweden, he sold matches to his neighbours.
At 17, he founded a company called IKEA.
At 21, he started selling furniture — and the IKEA empire had begun.
Howard Schultz, Businessman
Net worth: $2.1 billion.
Schultz won a football scholarship to the University of Northern Michigan and went to work for Xerox after graduation.
Soon, he took over a coffee shop called Starbucks, which at the time had only 60 shops.
Schultz became the company's CEO in 1987 and grew the coffee chain to more than 16,000 outlets worldwide.
Elizabeth Holmes, Founder, Theranos
Net worth: $4.5 billion.
When Holmes was a 19-yearold sophomore at Stanford University back in 2003, she started Theranos, a blood diagnostics company that makes blood testing cheap.
The Palo Alto startup has 500 employees, a reported $400 million in funding, and a $9 billion evaluation.
Oprah Winfrey, Media proprietor
Net worth: $3 billion.
Winfrey was born into a poor family in Mississippi.
She became the fi rst African American TV correspondent at the age of 19.
In 1983, Winfrey moved to Chicago to work for an AM talk show, which would later be called 'The Oprah Winfrey Show.'
Shahid Khan, Founder: Flex-N-Gate
Net worth: $4.4 billion.
When Khan came to the US from Pakistan, he washed dishes for $1.20 an hour while attending the University of Illinois.
Khan now owns Flex-N-Gate, one of the largest private companies in the US; the NFL's Jacksonville Jaguars; and Premier League soccer club Fulham.
Leonardo Del Vecchio, Founder: Luxottica
Net worth: $18.4 billion.
Del Vecchio, who founded Luxottica in 1961, was one of fi ve children who was eventually sent to an orphanage.
He worked in a factory making molds of auto parts and eyeglass frames.
At 23, Del Vecchio opened his own molding shop.
He now owns brands like Ray-Ban and Oakley.
George Soros Chairman, Soros Fund Management
Net worth: $24 billion.
In his early teens, Soros posed as the godson of an employee of the Hungarian Ministry of Agriculture in order to stay safe from the Nazi occupation of Hungary.
He put himself through the LSE working as a waiter and railway porter.
In 1992, his famous bet against the British pound made him a billionaire.
Larry Ellison, Founder: Oracle
Net worth: $48 billion.
Born in New York to a single mother, Ellison was raised by his aunt and uncle in Chicago.
Roman Abramovich, Business tycoon
Net worth: $9.5 billion.
One of Russia's richest persons, his toys include the world's largest yacht, a Boeing 767, and the Chelsea Football Club.
http://economictimes.indiatimes.com...their-rags-into-riches/slideshow/44054304.cms
Billionaires rarely are made in a day. It's a story of grabbing opportunities quickly and following dreams tenaciously. They are made with limited means and immense hard work. Ask WhatsApp co-founder Jan Koum. Or Ikea founder Ingvar Kamprad. We profile billionaires who started with nothing but their dreams.
Jack Ma, Founder: Alibaba
Net worth: $20.2 billion.
Ma grew up in poverty. He couldn't get a job at the local KFC.
He failed the national college entrance exams — twice — before fi nally graduating and starting his career as an English teacher.
In 1999, he founded Alibaba.
Today, the online retailer handles double the merchandise of Amazon.
Jan Koum, CEO and co-founder: WhatsApp
Net worth: $7.7 billion.
Koum came to the US from Ukraine when he was 16 years old. His family, struggling to make ends meet, lived on food stamps.
WhatsApp's $19-billion deal to Facebook made Koum a multibillionaire.
Ingvar Kamprad, Founder, Ikea
Net worth: $3.9 billion.
When Kamprad was a 7-year-old boy in rural 1920s Sweden, he sold matches to his neighbours.
At 17, he founded a company called IKEA.
At 21, he started selling furniture — and the IKEA empire had begun.
Howard Schultz, Businessman
Net worth: $2.1 billion.
Schultz won a football scholarship to the University of Northern Michigan and went to work for Xerox after graduation.
Soon, he took over a coffee shop called Starbucks, which at the time had only 60 shops.
Schultz became the company's CEO in 1987 and grew the coffee chain to more than 16,000 outlets worldwide.
Elizabeth Holmes, Founder, Theranos
Net worth: $4.5 billion.
When Holmes was a 19-yearold sophomore at Stanford University back in 2003, she started Theranos, a blood diagnostics company that makes blood testing cheap.
The Palo Alto startup has 500 employees, a reported $400 million in funding, and a $9 billion evaluation.
Oprah Winfrey, Media proprietor
Net worth: $3 billion.
Winfrey was born into a poor family in Mississippi.
She became the fi rst African American TV correspondent at the age of 19.
In 1983, Winfrey moved to Chicago to work for an AM talk show, which would later be called 'The Oprah Winfrey Show.'
Shahid Khan, Founder: Flex-N-Gate
Net worth: $4.4 billion.
When Khan came to the US from Pakistan, he washed dishes for $1.20 an hour while attending the University of Illinois.
Khan now owns Flex-N-Gate, one of the largest private companies in the US; the NFL's Jacksonville Jaguars; and Premier League soccer club Fulham.
Leonardo Del Vecchio, Founder: Luxottica
Net worth: $18.4 billion.
Del Vecchio, who founded Luxottica in 1961, was one of fi ve children who was eventually sent to an orphanage.
He worked in a factory making molds of auto parts and eyeglass frames.
At 23, Del Vecchio opened his own molding shop.
He now owns brands like Ray-Ban and Oakley.
George Soros Chairman, Soros Fund Management
Net worth: $24 billion.
In his early teens, Soros posed as the godson of an employee of the Hungarian Ministry of Agriculture in order to stay safe from the Nazi occupation of Hungary.
He put himself through the LSE working as a waiter and railway porter.
In 1992, his famous bet against the British pound made him a billionaire.
Larry Ellison, Founder: Oracle
Net worth: $48 billion.
Born in New York to a single mother, Ellison was raised by his aunt and uncle in Chicago.
Roman Abramovich, Business tycoon
Net worth: $9.5 billion.
One of Russia's richest persons, his toys include the world's largest yacht, a Boeing 767, and the Chelsea Football Club.
7 Ways Exercise Creates Happiness
Natural chemical high – Exercise is a natural and healthy way to enjoy a “high”. Exercise releases endorphin's (feel good chemicals in the body) and helps release or “burn off” of excess adrenaline which contributes to a stressed or edgy feeling. Serotonin contributes to a range of functions including appetite, libido, sleep and mood. Research has found that regular exercise can alter serotonin levels resulting in improved mood, a sense of well being and reduced levels of depression. The effect of exercise is immediate and can last for up to 12 hours.
Distraction from worries & stress – Have you ever been stuck in a cycle of worry where the more you think about the problem, the worse it seems? Or how about stuck in a frustrating day that saps your energy or makes you want to blow your top? Removing yourself from your desk, a stressful home situation or even your own thought patterns and going for a walk, a swim or some other exercise can be an oasis giving you a distraction, relief or perspective.
Protects against anger – Exercise, even a single bout of it, has been found to have a robust protective effect against the buildup of anger. A study from the University of Stuttgart, published in the Journal of Exercise & Physiology suggested that if you are likely to be in an anger producing situation some exercise beforehand will help. I recommend energetic forms of exercise like jogging, boxing, boot camp, aerobics to really blow off some steam before a stressful situation.
Increases energy – Surprisingly expending some extra energy a few times per week actually leads to increased energy overall, due to an increase in cardiovascular fitness. Having some extra energy up your sleeve will fight fatigue and boost motivation leading to an improved sense of wellbeing.
Social outlet – Exercise can be a fun, social outlet. Whether with a personal trainer with whom you have great rapport, a friend or family member you walk or play tennis with, a sports team, an exercise group or class, you’ll have fun, enjoy some laughs and a chat and be reminded that people can be a great source of happiness, support and inspiration.
Builds confidence and self-esteem – Feeling fitter and stronger, and knowing that you’re doing something to improve your health is a great confidence builder. I have seen people change from worrying about their appearance or age, to celebrating their new ability, endurance, strength and fitness achievements. Regular exercisers usually view their bodies as capable, rather than flawed.
Sense of achievement – Fitness is an excellent arena to set targets and goals and to follow a path to achieving them. Setting your sights on a fitness event or even setting your own target is a great way to have a sense of purpose and then celebrate an accomplishment. It’s a healthy high like no other! You might like to choose a walk, ride or fun run to participate in, or set yourself a target of working up to a certain number of push-ups, a number of flights of stairs to walk, or a number of exercise sessions in a month.
Natural chemical high – Exercise is a natural and healthy way to enjoy a “high”. Exercise releases endorphin's (feel good chemicals in the body) and helps release or “burn off” of excess adrenaline which contributes to a stressed or edgy feeling. Serotonin contributes to a range of functions including appetite, libido, sleep and mood. Research has found that regular exercise can alter serotonin levels resulting in improved mood, a sense of well being and reduced levels of depression. The effect of exercise is immediate and can last for up to 12 hours.
Distraction from worries & stress – Have you ever been stuck in a cycle of worry where the more you think about the problem, the worse it seems? Or how about stuck in a frustrating day that saps your energy or makes you want to blow your top? Removing yourself from your desk, a stressful home situation or even your own thought patterns and going for a walk, a swim or some other exercise can be an oasis giving you a distraction, relief or perspective.
Protects against anger – Exercise, even a single bout of it, has been found to have a robust protective effect against the buildup of anger. A study from the University of Stuttgart, published in the Journal of Exercise & Physiology suggested that if you are likely to be in an anger producing situation some exercise beforehand will help. I recommend energetic forms of exercise like jogging, boxing, boot camp, aerobics to really blow off some steam before a stressful situation.
Increases energy – Surprisingly expending some extra energy a few times per week actually leads to increased energy overall, due to an increase in cardiovascular fitness. Having some extra energy up your sleeve will fight fatigue and boost motivation leading to an improved sense of wellbeing.
Social outlet – Exercise can be a fun, social outlet. Whether with a personal trainer with whom you have great rapport, a friend or family member you walk or play tennis with, a sports team, an exercise group or class, you’ll have fun, enjoy some laughs and a chat and be reminded that people can be a great source of happiness, support and inspiration.
Builds confidence and self-esteem – Feeling fitter and stronger, and knowing that you’re doing something to improve your health is a great confidence builder. I have seen people change from worrying about their appearance or age, to celebrating their new ability, endurance, strength and fitness achievements. Regular exercisers usually view their bodies as capable, rather than flawed.
Sense of achievement – Fitness is an excellent arena to set targets and goals and to follow a path to achieving them. Setting your sights on a fitness event or even setting your own target is a great way to have a sense of purpose and then celebrate an accomplishment. It’s a healthy high like no other! You might like to choose a walk, ride or fun run to participate in, or set yourself a target of working up to a certain number of push-ups, a number of flights of stairs to walk, or a number of exercise sessions in a month.
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