Business | Ideas, Strategy and Tips

Archive for December 4th, 2009

Most business strategies focus on skills like good time management or becoming an effective communicator. According to Tony Robbins, achieving your dreams depends more on your attitudes and emotional resilience than on the skills your acquire.

Mastering the following five emotional hurdles will prove to be one of the best business strategies you can learn. These are issues that most people avoid and therefore remain stuck, but by learning to manage your responses as explained here, you will be on your way to achieving success, wealth and happiness.

Strategy #1. Learn how to handle frustration. Frustration is one of the greatest silent killers of dreams. Frustration is what stops people and turns a positive attitude into a negative one. And a negative attitude wipes out self-discipline. It wipes out the energy to even try, and then it’s all over before you’ve begun. Without enthusiasm and energy, how can you accomplish anything?

Solution?  Seek massive frustration so you will have the opportunity to learn to manage it. Buried on the other side of frustration is success. You can master it by learning to turn frustration into fascination. You can use a series of actions to change how you see frustrating situations. In your mind you can reframe it, or breathe and change your physical state. When you stay frustrated with something or someone it’s YOUR day that gets ruined. Seeing a situation differently sets you free from negative emotion. So when you feel frustration coming-on stop, recognize it, and do something to change it.

Strategy #2. Learn how to handle rejections. Rejection is the second biggest killer of dreams. Overcoming objections and rejections is the only way to get closer to your goal. The more rejections you get, the closer you get to your dream. If you learn to thrive on it, you will get stronger because of it. You will welcome it. If you can handle frustration and rejection there is very little that can stop you at what you choose to do.

Sylvester Stallone and Tina Turner both endured massive rejection and frustration but they refused to give up. It made them stronger. For years they faced rejections, but they never gave up on their dreams. Because of the law of averages, if you keep at it, you will eventually accumulate enough “no’s” to get a “yes.” Learning how to handle rejection will show you opportunity, but only if you never give into the feeling of being unworthy.

Strategy #3. Learn how to handle financial pressure. Money plays a major role in western culture. It amplifies your ability to do more things because you can pay others to do things for you. We think life will be easier when we make more money, but money doesn’t simplify your life. If you learn to handle small amounts you can learn to handle larger amounts. This is a Biblical truth. Having more money only amplifies who you already are.

Money will do weird things if you don’t know how to handle it. It won’t make you free. Knowing how to handle money requires that you learn how to grow your own worth and make your value to people the source of your wealth. Like the story of “The Richest Man in Babylon,” by George S. Clason, which describes the principles that enable you to run your money, instead of your money running you. These principles are:

Take 10% and give it away.

Take 10% and use it to reduce your debt.

Take 10% and use it to invest for the future.

Take 70% and use it to live on.

Even when you don’t have it, giving money away makes your subconscious think, “There is more than enough.” And that will be manifested. Establish the pattern now, and let your worth be what you are capable of giving. If you think you don’t have enough money to do this, then you don’t have enough money not to!!

Strategy #4. Learn how to manage complacency — the comfort zone. It makes us feel satisfied, but not for long. We will only be satisfied by what we become, not by what we have. We tend to judge ourselves by our peers, but it’s best to learn to judge yourself by your goals, not by your peers.

Your goals are based on your values not on your peers. Who you associate with will impact your values and that can produce a negative effect. Be careful that those you consider your friends don’t “poison” your thinking with wrong attitudes. Conversely, you can always be in a position to grow by surrounding yourself with accomplished people.

Strategy #5. Always give much more than you expect to receive.  Always provide something you can give that makes it feel like a privilege to be a part of what you do — where you love what you do so much that it’s not a task. Share the joy that you have in achieving your dreams and help others to change their lives. Then you get to become truly wealthy.

Pathfinder Business Strategies, LLC a privately held company which advises corporations, consumers & small to mid size companies on asset protection, tax savings & wealth building strategies is urging all Americans to structure their finances properly to save as much money as possible on their taxes, and to prepare for the economic uncertainty facing the country.

Pathfinder, which is located in Sebastian Florida, is run by Drew Miles, a former attorney who after practicing law for thirteen years realized that most of his clients were unprepared financially for any sort of drastic economic downturn. “When the economy takes a turn for a worse, everyone starts tightening their belts,” said Mr. Miles. “But one place that is often overlooked is the amount of taxes they pay.”

Pathfinder Business Strategies has advised more than 5,000 small and large businesses, as well as individuals how to arrange their assets and income to pay the absolute legal minimum in taxes. “We have found that the wealthiest people in the country are paying as little as 5% of their income in taxes, while the average person is paying upwards of 30-50% of their income in taxes.” Drew Miles advises that the best way to prepare for a rocky economic future is to make sure that you are keeping all the money that you are legally entitled to.

Those who will be hit hardest by the struggling economy are those who can least afford it. Hard working middle-class Americans will not only feel the lifestyle altering effects of the faltering economy, but are also the ones paying the most in taxes.

The United States’ economic downturn is making headlines across the world. The falling value of the dollar, combined with the sharp decline in the housing market and skyrocketing energy prices has put many Americans in a panic about the future of the economy.

”It’s amazing how I’m going to save, and how much this is going to help me. This year, it looks like I’m going to save $30,000 in taxes.” said Joronda Perry, a Pathfinder client and real estate investor from Baltimore, Maryland. “Meaning that half of the income that I usually pay in taxes, I’m going to get to keep.”

In addition to tax savings, Pathfinder Business Strategies advises their clients on how to audit-proof their finances, protect their assets in the event of a lawsuit, and grow their retirement account completely tax-free.

Americans need all the money they can get in order to survive this financial crisis. While many people are turning to business opportunities which can turn out to be scams, Pathfinder Business Strategies offers a way to have more money on hand without having to make any more income.

”It is important for people to realize that Americans are making far more money than they are actually taking home,” said Drew Miles. “A very large percentage of their weekly salary is lost to taxes before they ever cash a check. This money can be recovered and used to pay for rising expenses. When you realize just how much money you are losing right off the top, tax savings is like getting an instant pay raise from the government”.

Pathfinder Business Strategies recently reported an average savings of ten to thirty thousand dollars in tax savings for each client. These savings are not of a one-time nature, but rather continue every year into the foreseeable future.