Monday, December 31, 2012

Quote from E. Joseph Cossman

Obstacles are things a person sees when he takes his eyes off his goal.
E. Joseph Cossman

Friday, December 28, 2012

Quote of Harvey S. Firestone

If you have ideas, you have the main asset you need, and there isn't any limit to what you can do with your business and your life. Ideas are any man's greatest asset.
Harvey S. Firestone

Thursday, December 27, 2012

The Art of Making Money Introductory: Different ways to make extra income made simple

For the last year I have been telling people how to save money. It came to me it is time to help I need to educate on how to make money as well. It sounds simply but the truth some people may not be aware of all the different way to make money.

Every one knows that a job is the most common way to make a living. The down fails for this is you have to trade freedom for security. And the government taxes earned income at the highest rate compared to portfolio divided income from stocks, and passive income from real-estate. Lets not forget the a business owner or corporation has a host of taxes deduction that a employed person does not.   

What should a working class person do? Answer to think out side of the box. How can you improve your situation without quitting your day job? One way to do this to start a part time business with Internet marketing, and it can cost just a few dollar or hire a student to do the hours of boring data entry on free online classifieds, directories, blogs, and social media. The alternative to this is use a rented program to do this for you, there are many services that will auto submit to all of these services for you from a month to month, or a one time submission. The best way to find these type of services in search engine 

So, what if starting your own business is not your dream? What else, the simply way to bring in extra income is purchasing stocks that offer a dividend, or EFT (EFT are like mutual funds, that they hold  a portfolio of many stocks, but have tax advantages over mutual funds, and can be purchased or sold like stocks in dividend classification). When is the best time to purchase these stocks after a major crash or issues when the market is low. You can pick companies that you know and trust and will feel will be there for the next 100 years.     

One of the best investments is the rental business, buying home or apartments and renting them out. This is a win win situation in the tax code. You only need a 20% down payment and can get a loan which is tax deduction, and you can also get a deduction on devaluation of the property at 100% not the 20% percent which you own, What if you do not want to be called at 3 am about problem? Simply,  One can  hire property managers to do all the dirty work. This is a life time of income. And when the investment goes up in value you can refinance the property and take out the equality to purchase additional property. This will require a lot of time to research and find the correct investment. If you are willing to put in the time you can make a big return.   

Author: Derek P. Bliedung
Columbus Financial Coach.
The Art of Saving & Making Money
http://www.columbusfinancialcoach.com

Do it Yourself Financial Planning in 15 Easy Steps


1) The first step is to know what is your personal objectives and goals by using a financial planning session(s)?

2) What is your short term, medium term and long term life goal(s)?

3) If money was not an object where would you see yourself in 5, 15 and 30 years from now? (Hint: it can be career, where you like to live, education, car, house, ect.) 

4) Prepare a budget of current expenses, and included all sources of income. How would you rate yourself compared to income below budget, at budget, or above budget?


6) Now complete a second budget showing the amount you reduced from your original budget. If you’re still meeting or above budget, you will need to find other sources of income or further ways of cutting of expenses. If you’re below or at budget you can move to the next point.  If you still can not move your budget lower, I do offer personalized coaching on my site at:  http://www.columbusfinancialcoach.com/Services.html

7) Congregations, you are ready for the next step. You must take at least 10% from your income each pay period and place 6% in retirement and 4% into a general fund which includes emergency's, and vacation fund. I would recommend one to increasing this account each year and every year by 1% or 2% to your retirement fund. If additional fund are available to give to religious origination, or/and charities do so to 10% of income. You will gain a tax advantage and do some good in your community. What if, you do not have the available funds? You can give your labor and donate your time to these organizations. There is a note in my process of reading the most success people have always gave money and/or gave their time. This relationship with the law of attraction, that giving will help you back in the future. See my blog post on Law of Attrition: at:


8) Things happen, you will need to have insurance to cover unexpected liabilities, including health, auto, home, life and disability insurance. Remember getting the lowest cost insurance maybe not cover you in the event of accident or death, or disability. If money is a concern rather buy employment based life and disability, rather then not having enough coverage or not having no coverage. Once you improve your situation buy a non-employment related insurance policy or use the employment to be the gravy and not to meet liability minimums.   
9) What life insurance is better for me Term or Cash Value?  I would say most people that cash value is not needed in most cases. I would first max out my IRA, or Roth IRA, or 401K, or similar retirement program, before even thinking of going for a cash value policy. In most cases a 30 year term product will product you and your family so you can build enough funds by investing in your personal savings, and retirement plan. Most insurance agents disagree with this way, sure they are losing money. The facts that most fixed rate cash value insurance polices are making about 4.5% -5.5% great for today. But the stock market has an average return of 12%. So, using simple logic how are you better going after 5.5% vs. 7% or 9% return in a bad year? Yes, there is risk; there is risk going to safe as well.  

10) Where are going to put your money to grow? If your employer offers a 401k, or a similar retirement program, and give you a match this is the way to go. At least take the money the employer is giving you and match to the max. You would be surprised how many people do not take advantage of this free money. For most people, the best investment is to have the fund coming out your pay check, and have an allocation table to follow to insure proper diversification see:
http://www.bankrate.com/brm/news/retirementguide2007/20070501_asset_allocation_chart_a1.asp. This is basic investment advice; I have written articles on advanced investment strategies read more at: http://columbusfinancialcoach.blogspot.com/2012/12/the-strategies-from-genuss-of-investing.html  There are different allocation tables based on your age, and your target date for retirement. Younger you are the more you can take more risk and as you get closer to retirement you slowly decrease risk, not end all risk.  

11) What do you do with you 4% start of placing the money in bank or credit union account automatically from your pay check to be placed into you’re saving account. Once your funds have reached a high enough amount, you can look at other options, like CD’s short term, investment account under a money market, bonds (Government, & Corporate), treasury inflation protected securities (TIF’s’) conservative allocation investment accounts (mutual funds or EFT’s) for this type of saving avoid anything high risk! This is a short term account, and you need low risk investments.  Do not forget to leave at least $500, to $1000 to pay for urgent situations in your bank or credit union account.    

12) What is better for me pretax retirement (40lk/traditional IRA) or post tax retirement Roth IRA/Roth 401k)? I recommend everyone to go pretax up to there match. If you go pretax after this or Roth is a personal choice based on your situation. Is it better to pay taxes now or later? There is a feeling that we have very low taxes right now and it is better to take advantage of the Roth.  There is another way of looking at this. I am going to pay taxes for the next 30 or 40 years without any benefit. Now, I personally have pretax up to 10%, after that go with Roth. I believe that having 2 pots of money will hedge for what the future may bring. If may need to hire a CPA or Tax lawyer to help you find ways to reduce the taxes in the future. Besides we do not know what the market will look like in the future. I personally believe we can take out the minimum amount out of a pre-taxed fund each year, and paying the lowest tax bracket. Beside the government can resend the Roth if it not working out for it best interest.   

13)    You earn a 0% on equality, so why not take out a 30 year mortgage, or 5 year car loan. Do not get return on equality confused with inflation. Most people see there house values go up this is ROI is the inflation not the equity working for you. You should put the difference in your retirement account. Like I said before you can make 12% on average on stock market and only 0% on your equity. What is the point paying it off faster? Now if you have high debts over 12% interests you should pay these off sooner with your additional leveraged money. Plus you still receive a tax break on mortgage interest and taxes. The same goes for student loan, why pay back a low interest low off sooner? When you can make more as an investment? This is a concept the wealthy used call others peoples money or OPM.

14) You should have a last will drawn by a lawyer. A simple will can save part of your money going to the government, and costly court costs later.

15)  One trick I received from Primerica: You shouldn’t hold back you payment to make one payment. For example if you are paid bi-monthly (Paid once at the end of the month and paid on the 15th of the month) rather make two smaller payments. Make a payment early and make the second on your next pay cycle. This will reduce you interest. Since most loan calculated on daily interest you are best to pay them off using each pay check cycle, even if it one half of a payment at a time. This will work for credit cards, student loans and car loans. It tends not to work for mortgages because most of the home loans are government backed, and have a different system of calculation on the interest. Last note, to avoid some troubles later, check with your lenders to insure that making a split payment will not cause issue, how your loan is proceed.   


Created by Derek P. Bliedung
The Columbus Financial Coach
The Art of Saving Money & Making Money




 

Quote of Warren G. Bennis

Leaders must encourage their organizations to dance to forms of music yet to be heard.
Warren G. Bennis

Wednesday, December 26, 2012

The Strategies from the Genus’ of Investing: Investing style is a mater of finding your personality type and risk tolerance


Warren Buffetts’ strategies on investing are to find companies that you trust, believe in and understand the business model. If not walk way. One must learn to be patient, to wait for these stock prices to fall to a value prices, and then hold on the stock for the long term at least 10 years, if not 20 years or even 30 years. Buffet shares the view the best way to avoid capital gains taxes is to hold the on the stocks for extremely long time if not indefinite.

What if you do not know of any of these companies what do you do then? Well, Warren Buffett openly releases his investment choices each year which companies that Berkshire Hathaway invests intimation. This will make the financial news, local business section of your newspaper. If you can’t think like a Warren Buffett just follow his choice. Or according to Buffett, it is better to have 10 quality “Great” stocks, and then have hundreds of average stocks. Now if you are not the personality or skills to truly buy low and sell high, what should you do? Warren Buffett states you are best to buy a passive fund or Index fund rather. Recommend books on Warren Buffett: The Tao of Warren Buffett Mary Buffett and David Clark. Warren Buffett and the interpretation of financial statements Mary Buffett and David Clark. Buffettology Mary Buffett & David Clark.

It sounds simply enough, but most people are not programmed to buy stock low and sell high. The reason is emotional investing theory most of the population is hardwired to sell low, and buy high this is due to human evaluation and our ability to survive. The same goes for fund managers; they often have to follow the majority of other investors, and often feel the need to always being in the market. Be careful there are many sales people going by the tiles of adviser, insurances agents are mostly and not always what I like to call mutual fund sales people. I would recommended you to become your own expert, and follow the advise of other experts that state that even a average investor can out pace the S&P 500.

The easy way to meet the S&P 500 is buy in a low cost passive fund the minors the S&P 500.  The easiest way to use cost averaging which simply means buying into mutual fund(s), every pay period, one a month, or once quarter. The idea behind these strategies is that you will be placed in automatic system that will buy mutual funds at the peek and the bottom of the market to avoid emotional buying or selling.

How do you out peace the S&P 500? Is not to purchase high cost managed mutual funds, and second follow the advice of Joel Greenblatt which is a Professor at Columbia University and former fund manager, he states in his book The Big Secret for the Small Investor: The Shortest Route to Long-Term Investment Success that most of the top funds manager at one time was at the bottom. And there is no way to predict who will be the next warren Buffet. He has developed a system of value index mutual funds based on the S&P 500 that are value based and are better way to buy low and sell high. He states that the problem with the S&P 500 it is how the system to purchases based on capitalization. Meaning that the top stock will have the highest weight, and the one ranked second will have the next and so one and so on. Until one will get to the 500th position will be a very small part of the fund. Joel Greenblatt believes that is creates and buy high and sell low buy strategies. Joel Greenblatt believes that a buying 1/500 of each stock would be a better system or one based on dividends or gross sales would be a better system. And can produced 1-2% better then the S&P 500 and even better then some fund managers. On his web site he gives the mutual funds symbols that he recommends at:  http://www.valueweightedindex.com/
   
The next strategy is to have the greatest diversification of your US stocks, bonds, and international stock markets. Not just investing in the top 500 US stocks, but in larger cap, mid cap and small cap stocks in Wilshire 5000 in encompasses the entire US stock market. This was developed by Burton Gordon. Malkiel Princeton professor in his book the random walk guide to investing: ten rules for financial success states this is the way to the greatest return.

All this strategies are complete contradiction, with each other, but each one can be used for different personality styles and risk tolerances. The question one need to ask is what ideology fits me the best? Am I willing to send a lot of time, some time, or no time reaching mutual funds, stock, and balance sheets? It is clear the Warren Buffett is the most risky and the one that will gain the best returns. Joel is little less complex, and invest value will give you better returns over aggressive growth, over the longer term, and Burton Gordon. Malkiel will give you a change to go auto pilot and invest the most passive method. The risk is diversified, over the largest amount of stock or bonds. Burton Gordon. Malkiel ran simulations, showing it is a smart investment style. In his book Burton Gordon. Malkiel the random walk guide to investing: ten rules for financial success states this is the way to the greatest return. States the mutual fund symbols and helpful list of allocation tables for different age groups.  

I personally see myself investing in all of these models, when the market is down, I invest like Warren Buffet. When the market is flat or not producing great returns I am applying a value based investing with great diversity. I do hold rather large low risk fund(s), based on my age, waiting for the market to crash. I can’t tell you when the market will crash, but I am sure it will sooner or later. I still have a portion of my investment actually in stocks, mutual funds, bonds, & treasury inflation protected securities (TIF’s) . When the market get too high I rebalance my trading account and the same is true when I see weakness in the market I rebalance once again. I am always looking for opportunity to make a good return. No, one knows when the market will be at the top or at the bottom. But one knows when the market is priced fairly or slightly over valued and when the market is under valued. This is when a smart person makes their move. When the market is high move some of your investment to save, like wise when the market is weak move some of your investment to risk.            

Created by Derek P.  Bliedung
The Columbus Financial Coach
The Art of Saving Money & Making Money

Quote from David Joseph Schwartz

Think little goals and expect little achievements. Think big goals and win big success.
David Joseph Schwartz

Sunday, December 23, 2012

The Law of Attraction: The simple system of obtaining your dreams


The Law of Attraction: The simply system of obtaining your dreams

~All who call on God in true faith, earnestly from the heart, will certainly be heard, and will receive what they have asked and desired.
Martin Luther

This Law of Attraction, you can ask for anything you want and it will come to you like magic. I first learned about how you take control of your life by your thought sounds little out there. I was not a believer and was thinking how can this be true?  It is not logical.  But research shows many of the most successful people have reached their dreams by applying these very principles. In fact most religions have a reference to the Law of Attraction.

How can you attract what you want by using your mind? The first step is to know what you really want in life. The hard part is many people have no idea what they want in life. You can use career coaching to help figure yourself out. There is a host of personality tests, interest tests, and strength tests. This can be a good first step; also thinking about what you want in life. Talk to friends and family and ask them how do they see you?If you are still stuck what you want you can simply pray to the creator for help. Don't be surprised if it comes not in a direct answer. But from different source to find the answer maybe mentor will appear or numerology or astrology ads will show up in your email or you will start noting these type of ads.The numerology or astrology are metaphysical ways to be shown your direction in life. I don't mean just read your daily horoscope, but go for a personalized reading, that is taylor made for you. 

Some of the techniques are write down your goals, and state them every day when you first wake up and before you go to bed. You want to have these positive affirmations in the present tense. I currently earning $100,000 per year, I working in my perfect job, I have a date with the person of my dreams, ect. Some people also use visual aids. When you go to bed think about what it will be like to be working in a $100,000 per year job, also add feeling and emotions to the visualization. I found that praying is also very effective, way to speak to the universe with strongly and full of passion and don't act passive.

You are going to have to think positively, and rid yourself of negative thoughts. And be willing to help others, in donations and civic duties. You have to give before you get a return. You have to create a sense of plenty or abundance. So what if you just lost you job? It is very hard to think positively, but you have to try. What else can help you out is to make sure you are eating healthy, working out 2-4 times per week. And there is a Ho'oponopono mediation of just saying “I love you”, “I am sorry”, “Thank you”, and “please forgive me”, over and over again in your head. This can heal you, as well as others. This is cleansing process to help you attract what you want as well.

What is another part of this law of attraction is to follow your dreams what in life do you really want? And just do what you want, and go for it! Use the techniques which I have stated before, read my other articles for ways to reach your goals.  One last note most law of attraction authors stated that you have to do nothing, But, Napoleon Hill stated you have to meet the universe halfway, so start improving yourself by reading, listening to audio cds, reading blogs, attending classes, seminars, ect.

The effect of all this is better harmony in life, and better interaction with others. You will feel better will be stronger healthier and more positive. You will be the best you can be.

I have personal been using law of attraction for 3 years, and found myself reaching goals that I though where impossible, but now is common for me to reach this new heights. Our minds are powerful, and we need to tap into the untapped promotional  of the human mind.  

Author: Derek P. Bliedung
Columbus Financial Coach.
The Art of Saving & Making Money 
http://www.columbusfinancialcoach.com/index.html  



Simple Money Management Tips: The power to get more with less and save for tomorrow


I'm a master in thrifty living and how to use less money to buy more things. My education has started when I was a young boy, when my own mother was spending most weekends on Saturdays mornings and some afternoons looking at the bargain ranks for the best deals at the local shopping mall department stores. You know that even today there is much money can be saved by checking the liquidation ranks at the department’s stores every few weeks. I know who has time for that in this day of age? But there are a number of great discount stores that make it real easy to save without all the work. They are Marshals, where I did most of my Christmas shopping. Other stores included TJ Max, Shoppers World, and major department stores outlet centers. My mom has saved thousands of dollar in her life time. How much can you save?

You know the same type of savings can be done on food and other household items? For groceries Aldi and Save-A-Lots are great places to check out. Also Big lots and Olies Army have great deals on canned food, and dry goods too. I saw a Simmons Sofa at Big lots for $350 that is crazy cheap! Can you see why I can get so happy on ways the average person, can save cold hard cash! 

Why are you paying to listen to music and movies you can get custom stations on Pandora.com, ihartradio, or borrow the music cd at your local library for free? Did you know that there some great services out there such as Netflix and Hulu, where you can get great TV programs, and movies, downloaded to your computer or to a media player that can be viewed on your TV? You’re getting access to 10,000 of titles for less then $10 per month. And Hulu is free if stream it to your computer. And yes your library lends out movies too.

 Myth: You have to pay more for healthy foods? Healthy foods can be purchased in the form of whole natural foods. I can easily make healthily hearty meals rather inexpensive if I am willing to be creative and willing to cook and prepare my own the food. I know it is easy to fall into the traps of eating processed foods in form of just open the box and heat! It does take a little more time and efforts. But it is worth the effort to know you’re feeding your family something good and healthy. The longer term results of feeding your family processed food, is over weight, negative health effects, and loss potential. The cost of short term and long term effects are too high.

An easy way to reduce the expensive by 50% of restaurant food is to only eat half and bring the rest home, for another meal. I learned a trick from a local radio station on WNCI was to eat an apple before you go out to eat. The high fiber in the apple will fill you up and make you less hungry. Don't forget about coupons, and  the entertainment book.

Find out more ways to save on my website:
Author: Derek P. Bliedung
Columbus Financial Coach.
The Art of Saving & Making Money    

Sunday, December 2, 2012

Ho’oponopono is a little known but extremely powerful self-transformation technique.

Ho’oponopono is a little known but extremely powerful self-transformation, self-clearing, and, self Healing technique.

I have personally used this technique in my own life. And I felt negative energy leaving my body, after doing this for the first time. Since doing this over time 3-4 times a week, additional to positive affirmations, guided imagery, and following the teaching of the law of attraction. I have gained a scene of clarity, and better understanding what I want out of life.  The Ho’oponopono, process is simply close your eyes, and say the following words over and over again to yourself for about 15-20 minutes.  
  • I Love You
  • Please forgive me
  • I am sorry
  • Thank you
http://www.idreamcatcher.com/hooponopono/
http://columbusfinancialcoach.blogspot.com/2012/11/why-does-wealthy-have-more-money-then.html


If you want to solve a problem, no matter what kind of problem, work on yourself.
—Ihaleakala Hew Len

Wednesday, November 28, 2012

Why Does The Wealthy Have More Money Then the Middle Class? The gap is often due to the mind set of the rich.




I am a financial coach, marketing consultant, and blogger; I am trying to answer the question why does the rich seem to have more money? I am former student that went to one of the best University in the world, had some of the best educated professors attending the best university in the world! But, I was stuck in an entry level job, struggling to pay my bills, going through a divorce, lost my job, even been sued! I was in a horrible state of mind, and bad news came after bad news. What should some one do? I say,come back fighting and swing!

Was the universe out to get me? Or was the universe trying to help me in reach of my full potential? The universe has a master plan for me, and  the only way for me to improve myself and my life, was to give me one h-ll of a jolt in the back side! In fact, I need this jolt to get me moving and thinking on the second stage of my life. The new me or the version of myself that universe intended was going to use my current knowledge and gain new knowledge to help others.

I was sick: always tired, no energy, little motivation, it was hard to focus; I was on a mission to find the cure. I started to find books on at my local library, one titled Natural Cures, and I tired to detoxify my body.  It did not work for me. Next, I started to read books on financial planning, including money management, debt management, and investing. I came a cross a book by Robert Kiyosaki,
 from Fame. He introduced me to two books the Richest man in Babylon and Think and Grow Rick, to me this corner stone for my change.

After reading the Richest Man in Babylon, it caused me to have internal conflicts, from a line in the book “Are you a free man or slave!” I stated, I am a free man. I had to let go of the fear of letting my credit rating get hit. The powers to make you think you’re only good as your credit report? I think this is not a true milestone of a person, but how one manages their hardship that life brings their way. I was in conflict if I shouldn’t pay some of my bills to rather invest the funds in the stock market after the American bank stock market crash? This is a personal decision, but, I felt that the universe would punish me, if I had the money to pay my bills but choice to not pay them. I felt these both immoral and not reasonable.  Now, if one did not have the money to pay their bills due to no fault of their own, the credit bureau will hit me. But, not the universe. I feel the universe; holds the ultimate authority in my life and not the government or credit bureaus.

Can you image, I was losing sleep, stressing over, getting anxiety issue from an artificial created numbering system? Oh boy, wasn’t I a big fool! I now can look back and laugh at my behavior! Who need chains, if society can be in slave you with a number! I am not saying you shouldn’t pay your bills, or not to work hard to pay your bills. But, only say stop stressing over the little things. 

The second book Think and Grow Rich by the late Napoleon Hill, this book introduced the idea nothing is impossible if you put your mind to it. If you have the passion, burning desire and commitment. Nothing is impossible if you believe it can be done! The trick is, if you can’t see yourself in life or career being able to do what you desiring, you will fail, even before you get started. Napoleon Hill believed that your mind has great power, and through the right reprogramming you can do anything. Now, the trick is to think positive about yourself and others. Do not say negative thought like, I am stupid, dumb or anything like that. You need to say positive things about yourself, I am great person, I am smart person, and I can do anything I set my mind to do!

Some of the techniques that Napoleon Hill has employed was to have a positive affirmation “I am making $200,000 per year in a job that I love by specific date”, or “I have found my perfect mate give a detailed description of this person attributions by date” The opportunities will come to you if you say this out loud once in the morning and again before you go to bed. When in bed, think of you having a relationship with his perfect person, or working the perfect job.

It may take some time, but over time you will be reprogramming your subconscious to believe this is so, and you’re subconscious will make it so. This where Napoleon Hill and others call the Law of Attraction splits, Mr. Hill  believed you have to make action at this point. Napoleon Hill, stated you have to improve yourself at this point to be successful. Work out, eat better, attend webniars, classes, work shops, seminars, read books, listen audio books, and maybe get your degree. In fact anything you can do to aid yourself to meet your goals will help the final outcome.

Another of Napoleon Hill recommendations was to form a master mind group, of 2-11 people that have a common goal. The power of the mind multiplied with others will even be a more powerful force. One can ride the synergy of others at this point to become an unstoppable force. 

Working out is one of the untold secret of the rich, studies showing that 55% of the rich working out at least 2 times a week, and 50% of people that living financially comfortable in our society do as well. Did you know it can even improve your mood, and lower your stress and lower anxiety? And let just forget about all the other health benefits.

I have found that eating healthier is not only less expensive on your budget, but can improve your life and over all well being. I cut, my budget by cooking most of my meals with brown rice, whole wheat pasta, fresh fruits and vegetables and lower the amount of meat and cheeses. I stop buying processed food and replaced them with unprocessed whole foods. I still use white sugar just cutting down.

The net results are improved attitude, more energy, less stress, and anxiety, thing are now coming to me with out me placing much energy or time! I radiate a more positive me! And people can’t tell that things are not perfect in my life, simple because I don’t act that way. I know my life has changed and this is just the beginning for my new life.  I am in transformation mode just like a caterpillar can change into a butterfly, I must change as well.

I have been listening to Attraction Factor by Dr. Joe Vital he stated that meditation can not only improve your wealth but the wealth of your community, as well lower crime rate. I am surprised about this fact  How mind blowing is this fact and this was proven in 19 studies. I have read this fact in countless books, the power of giving to others either a charity or a faith based organization. By giving to your spiritual origination or charity, you will become more successful in your life.

A simple self healing technique as stated in a number Dr. Joe Vital books, just saying “I love you, I am sorry, Thank you, and Please forgive me over and over again in your mind will heal you. This mediation of Ho'oponopono was developed by a medical doctor that was able to used it to heal the criminal insane. The bases of the Ho'oponopono is that you are able to heal yourself, and intern you are able to heal the universe. This is strange way to think for western culture, that you are responsible for every thing not just for yourself.     

I know this sounds strange and worried. I was not born in this word believing all this, I have been rejecting these ideas for most of my life and it took a huge change in my life to be open to such thoughts. I was ready to try almost anything and keep an open mind. 

I would also recommend books by Brain Tracy, and Rhonda Byrne (Author of The Secret) in addition to Dr. Joe Vital. And Think and Grow Rich by Napoleon Hill is the foundation of much these later books. I seem to get the message better hearing from different teachers and the same things are said in a different ways.  

Author: Derek P. Bliedung
Columbus Financial Coach.
The Art of Saving Money

My site: www.ColumbusFinancialCoach.com
My Fan page: https://www.facebook.com/pages/Columbus-Financial-Coach/305600716119440,
My blog: http://columbusfinancialcoach.blogspot.com

Quote from John D. Rockefeller

Don't be afraid to give up the good to go for the great.
John D. Rockefeller

Thursday, November 15, 2012

Quote from Bruce Lee

Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it.
Bruce Lee
Read more at http://www.brainyquote.com/quotes/topics/topic_success.html#y7W8cYpO3G6108bH.99

Wednesday, November 14, 2012

Quote from Michael Jordan

I've failed over and over and over again in my life and that is why I succeed.
Michael Jordan
Read more at http://www.brainyquote.com/quotes/topics/topic_success.html#y7W8cYpO3G6108bH.99

Tuesday, November 13, 2012

Quote from Bill Cosby

In order to succeed, your desire for success should be greater than your fear of failure.
Bill Cosby
Read more at http://www.brainyquote.com/quotes/topics/topic_success.html#ah6XGohaJKiEyJhH.99

Monday, November 12, 2012

Quote From David Brinkley

A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
David Brinkley
Read more at http://www.brainyquote.com/quotes/topics/topic_success.html#86WhioQc4Mlo8gcM.99

Saturday, November 10, 2012

Quote from Helen Keller

The best and most beautiful things in the world cannot be seen or even touched - they must be felt with the heart.
Helen Keller
Read more at http://www.brainyquote.com/quotes/topics/topic_inspirational.html#zJGSvJXXmq0jiw9H.99

Wednesday, November 7, 2012

Jedi Mind Tricks: 17 Lesser Known Ways to Persuade People

Jedi Mind Tricks: 17 Lesser Known Ways to Persuade People

Jedi Mind Tricks: 17 Lesser Known Ways to Persuade People



Jedi Mind Tricks: 17 Lesser Known Ways to Persuade People
You want to be persuasive.  The power to influence people to get what you want is sometimes all it takes to be successful. These are some tactics, discovered through psychological research, that you have probably not yet heard about, but have the potential to increase your persuasive abilities.
I’m not going to cover reciprocity, scarcity or social proof and all those widely known persuasion principles. You already know all about those (in case you don’t, stop everything and read this book by Cialdini).

1. Be confident, talk fast

The best way to persuade audiences that are not inclined to agree with you, is to talk fast. Fast pace is distracting and people find it difficult to pick out the argument’s flaws. When talking to an audience who is likely to agree (preaching to the choir), slow down and give the audience time to agree some more.
Want to boost persuasive power? Talk with confidence.
Don Moore from Carnegie Mellon’s Center for Behavioral Decision Research has published research showing that confidence even trumps past accuracy in earning the trust of others.
We prefer advice from a confident source, even to the point that we are willing to forgive a poor track record. Moore argues that in competitive situations, this can drive those offering advice to increasingly exaggerate how sure they are.
People naturally associate confidence with expertise. Know your product, know the facts about its benefits and believe in what it does – true confidence becomes from knowing and believing what you’re saying. It’s essential that we communicate our confidence to others in order to persuade them.

2. Swearing can help influence an audience

Light swearing, that is. (Go overboard and lose all credibility.)
Researchers divided 88 participants into three groups to watch one of three slightly different speeches. The only difference between the speeches was that one contained a mild curse word at the start:
…lowering of tuition is not only a great idea, but damn it, also the most reasonable one for all parties involved.
The second speech contained the ‘damn it’ at the end and the third had neither. When participants’ attitudes were measured, they were most influenced by the speeches with the mild obscenity included, either at the beginning or the end.
The word ‘damn’ increased the audience’s perception of the speaker’s intensity, which increased persuasion. The audience’s perceived credibility of the speaker did not change.
So that’s the secret of Gary Vaynerchuk and Dave McClure. I thought they’re just cool guys, but turns out its the swearing that got me.
Image credit

3. Get people to agree with you first

If you want people to buy into your message, start with something they can agree with.
In a research study by Jing Xu and Robert Wyerestablished, there were lingering effects of messages people agree with. In one of the tests, participants listen to a speech by John McCain or one by Barack Obama and then watch a TV ad for Toyota.
Republicans tended to be more swayed by the ad after watching the speech by John McCain, while Democrats showed the opposite effect, finding the ad more persuasive after the Obama speech.
So when you try to sell something, make statements or represent a world view your customers can agree with first – even if they have nothing to do with what you’re selling.

4. Balanced arguments are more persuasive

If what you are doing inspires (or can inspire) criticism, resist the instinct to paper over weaknesses. We fear undermining our point of view by talking about weaknesses, but actually it would help our case.
Psyblog writes:
Over the years psychologists have compared one-sided and two-sided arguments to see which are the most persuasive in different contexts. Daniel O’Keefe at the University of Illinois collected together the results of 107 different studies on sidedness and persuasion conducted over 50 years which, between them, recruited 20,111 participants (O’Keefe, 1999, Communication Yearbook, 22, pp. 209-249).
The results of this meta-analysis provide persuasive reading. What he found across different types of persuasive messages and with varied audiences, was that two-sided arguments are more persuasive than their one-sided equivalents.
People are not idiots and they can think. If you don’t mention the other side of the coin in your arguments, people are less likely to believe you.
Perhaps it might be a good idea to mention the shortcomings of your product or service on your website.

5. People believe you more if they sit in the evidence

A research study by Ye Li, Eric Johnson, and Lisa Zaval looked into the belief into global warming and its relation to the current local weather.
Participants in the US and Australia rated the strength of their belief in global warming. They also rated whether they thought the temperature that day was warmer, colder, or about normal for that time of year. When people felt the day was warmer than usual, they also expressed a higher belief in global warming than when they felt the day was cooler than usual.
Image credit
In the related study they asked the same stuff, but also asked for a donation to a non-profit combating climate change. The participants in this study donated over four times as much money when the day was much warmer than usual than when the day was much cooler than usual.
If you want people to buy your message, ask for the sale in the situation that supports your claims. Online, use imagery or other visual material to build the stage for your story.

6. Upsell a product that cost 60% less

Once somebody gets to a point that they’ll buy something from you, they have given you their trust and have convinced themselves it’s okay to give you money. In that moment you are able to sell them more.
When somebody buys a shirt, you upsell should be a tie and not the whole suit.
The time-tested 60×60 rule says that your customers will buy an upsell 60 percent of the time for up to 60% of the original purchase price. Any upsell you offer must be congruent with the original purchase.
If you don’t use up-selling in your business yet, it’s a quick way to boost profits (“would you like fries with that?”).

7. Frame it in the positive

Emphasising the positive can be more persuasive than pointing out the negative.
An analysis added up the results of 29 different studies, which had been carried out on 6,378 people in total. The finding was that there was a slight persuasive advantage for messages that were framed positively.
This study had to do with the way people relate to disease prevention, such as encouraging people to use sunscreen, and promoting healthy eating habits, but it might have a wider appeal. The researchers hypothesized the reason to be that we don’t like to be bullied into changing our behaviour.
Try framing your marketing message in the positive (“Gain additional hour every day” vs “Stop wasting time”) and see if it makes a difference.

8. The paradox of choice

The more choice you offer, the less people will take you up on it – says this study.
Researchers set up a jam-tasting stall in a posh supermarket in California. Sometimes they offered six varieties of jam, at other times 24. Jam tasters were then offered a voucher to buy jam at a discount.
While more choice attracted more customers to look, very few of them actually bought jam. The display that offered less choice made many more sales — in fact, only 3 per cent of jam tasters at the 24-flavour stand used their discount voucher, versus 30 per cent at the six-flavour stand.
If you have a ton of products, invest in building better filters that help people make the choice. Read the excellent book or watch the great TED talk on the topic.
Image credit

9. If something happens often enough, you will eventually be persuaded

Repetition of things has a distinct effect on us. Advertisements repeated replay themselves when we see the product. The songs that radios play over and over again eventually grow on us.
Repetition of a word or visual pattern not only causes it to be remembered (which is persuasive in itself), it also leads people to accept what is being repeated as being true.
ChangingMinds writes this about Hugh Rank’s persuasion research (Teaching about public persuasion, 1976):
Our brains are excellent pattern-matchers and reward us for using this very helpful skill. Repetition creates a pattern, which consequently and naturally grabs our attention.
Repetition creates familiarity, but does familiarity breed contempt? Although it can happen, the reality is that familiarity leads to liking in far more case than it does to contempt. When we are in a supermarket, we are far more likely to buy familiar brands, even if we have never tried the product before. 
Think about the last time you bought a pair of shoes. Did you pick them then put them down several times before trying them on. Did you come back to try them again? If so, you are in good company. Many people have to repeat things several times before they get convinced. Three times is a common number.
Image credit
Use repetition of key benefits or value proposition in your sales copy and ad campaigns many times. Effective advertising and political campaigns do that (“Geico can save you 15% or more …”). Use friendly repetition to create familiarity and hence liking.
Another research reveals even if only one member of a group repeats their opinion, it is more likely to be seen by others as representative of the whole group.

10. Men are more responsive to email than face-to-face talk

Guadagno & Cialdini research (2002) showed that men seem more responsive to email because it bypasses their competitive tendencies. Women, however, may respond better in face-to-face encounters because they are more ‘relationship-minded’
This research is suggesting that email could provide a way of side-stepping men’s competitive tendencies. But, this only applies to distant relationships. The closer the relationship between men, the better face to face works.
When you want to persuade a man you don’t know too well, start with an email.

11. Limiting the quantity you can buy makes you buy more

From Brian Wansink’s excellent book Mindless Eating: Why We Eat More Than We Think:
A while back, I teamed up with two professor friends of mine—Steve Hoch and Bob Kent—to see if anchoring influences how much food we buy in grocery stores. We believed that grocery shoppers who saw numerical signs such as “Limit 12 Per Person” would buy much more than those who saw signs such as “No Limit Per Person.”
To nail down the psychology behind this, we repeated this study in different forms, using different numbers, different promotions (like “2 for $2” versus “1 for $1”), and in different supermarkets and convenience stores. By the time we finished, we knew that almost any sign with a number promotion leads us to buy 30 to 100 percent more than we normally would.
So put numbered limitations or anchors on the quantity your customer can buy from you.

12. Story beats data

A Carnegie Mellon University study in 2007 by Deborah Small, GeorgeLowenstein and Paul Slovic compared the effects of story vs data.
Test subjects where asked to collect donations for a dire situation in Africa. The data pitch contained statistics about food shortages in Malawi, lack of rain in Zambia, and the dislocation of millions in Angola.
The second version talked about a particular girl in Zambia, Rokia, who was starving. People were shown her photo and asked to donate to help her directly.
On average, students who received the fact-based appeal from Save the Children donated $1.14. Students who read the story about Rokia donated an average of $2.38, more than twice as much.
In a third experiment, students were told Rokia’s story but also included statistics about persistent drought, shortfalls in crop production, and millions of Africans who were going hungry. While students who had read Rokia’s story alone donated an average of $2.38, those who read the story plus the data donated an average of $1.43.
The plight of Africa, the fight with poverty is too overwhelming and people feel their contribution is just a drop in a bucket, hence feel less inclined to help.
“If I look at the mass I will never act,” said Mother Teresa. “If I look at the one, I will.”

13. Marketing to men? Use photos of women

A field experiment in the consumer credit market found that pictures of women as as effective as low interest rate.
A South African lender sent letters offering incumbent clients large, short-term loans at randomly chosen interest rates. The letters also contained independently randomized psychological “features”. As expected, the interest rate significantly affected loan take-up. Inconsistent with standard economics, some of the psychological features also significantly affected take-up.
For the male customers, replacing the photo of a male with a photo of female on the offer letter statistically significantly increases takeup; the effect is about as much as dropping the interest rate 4.5 percentage points… For female customers, we find no statistically significant patterns.
Overall, these results suggest a very powerful effect on male customers of seeing a female photo on the offer letter. Standard errors however do not allow us to isolate one specific mechanism for this effect. The effect on male customers may be due to either the positive impact of a female photo or the negative impact of a male photo.
The experiment featured a rather dramatic range in interest rates – 3.25% to 11.75%. The effect of a photo of a woman on a loan offer was equivalent 4.5% difference in the loan interest rate.
Next time add a photo of a woman to your offer and see your conversions go up.
The above study did not feature sexy women. But would a sexy women wearing bikinis help?
Image credit
Research shows that arousal makes men stupid, as they become bad at making decisions. It gives them tunnel vision. The effect seems to be a short-term -one that would be most effective at the point of purchase, for impulse purchases.
The ideal selling situation would be to have the bikini-clad babe selling to the men in person. I guess you could do that also online for products meant only for men.
Studies have shown that sexy ads don’t really make men remember the product. We’re so lasered in on the sexy stuff, we don’t care what brand of product it is.

14. Want to convince leaders? Make them feel less powerful

Don’t bother trying to persuade your boss of a new idea while he’s feeling the power of his position, research suggests he’s not listening to you.
“Powerful people have confidence in what they are thinking. Whether their thoughts are positive or negative toward an idea, that position is going to be hard to change,” said Richard Petty, co-author of the study and professor of psychology at Ohio State University.
The best way to get leaders to consider new ideas is to put them in a situation where they don’t feel as powerful, the research suggests.
“Our research shows that power makes people more confident in their beliefs, but power is only one thing that affects confidence,” Petty said. “Try to bring up something that the boss doesn’t know, something that makes him less certain and that tempers his confidence.”
“You want to sow all your arguments when the boss is not thinking of his power, and after you make a good case, then remind your boss of his power. Then he will be more confident in his own evaluation of what you say. As long as you make good arguments, he will be more likely to be persuaded,” Petty said.
So in a nutshell:
  • make the leaders feel less powerful and confident by talking about stuff they don’t know and if possible, talk outside of his office (neutral territory),
  • after the pitch, remind them who’s the boss, so they could take action on your request.

15. The Sullivan Nod

Invented by restaurant consultant, Jim Sullivan, the Sullivan nod involves reciting a list of options but just inclining your head slightly when you reach the choice you’d like the buyer to make. The nod has to be subtle, but perceptible and works best in lists of no more than five items. According to Jim Sullivan, it’s successful up to 60 percent of the time.
Whenever servers suggest a beverage, have them smile and slowly nod their heads up and own as they make the suggestion. Body language is powerful, and research shows that over 60% of the time, the guest will nod right back and take your suggestion!
I bet you could use that online in sales videos. When talking about plans or packages, do the nod on the one you want them to buy.

16. Clarity trumps persuasion

Dr. Flint McGlaughlin of Marketing Experiments likes to say this: “Clarity trumps persuasion”. Remember this.
Persuasion tricks work when done subtly and skillfully. Overdo it and you lose the sale. When you’re writing sales copy or doing presentations, the best way to persuade people is to use clarity. Give people enough information to make up their mind without being cheesy or using hype.

17. 87% of people believe everything if there’s a percentage in it


Read More http://conversionxl.com/17-lesser-known-ways-to-persuade-people/#ixzz2BXiGuWhK

Coaching Service link: http://www.columbusfinancialcoach.com/Services.html
Free Self-Help link: http://www.columbusfinancialcoach.com/Cheap-City-Free-Guide.html