A principle/agent relationship is one where an agent does what is in the best interest of the principle, rather than what is best for him or herself. It’s putting others above yourself.
It is the fastest way to success. It always wins, no matter the outcome.
Managers don’t work for shareholders. They work for customers and employees, which in turn increases shareholder wealth. Bring value for those that you care about and the rest handles itself.
The quickest way to lose before you even get started is to have too much. A trust fund doesn’t motivate anyone. Lottery winners get bored and have to keep overspending for excitement (then they run out of money).
A nice-paying job robs you of the ambition to do truly amazing things. Why would you think outside of the box? Your already in it.
You can be you. Or you can, not be you. There’s nothing in between. When your fooling others you are in trouble. When you are fooling yourself you are in a lot of trouble.
Either you are genuine, transparent, and to true to yourself. Or you aren’t. The former always wins. Don’t fight it.
Coca-cola is me. I try to go along with Pepsi, but I’m just fooling everyone. Myself included. Didn’t see that coming, huh?
No one is any better than anyone else who walked the same path in life. Never think your inherently better than others. Your experiences and the effect they have on you is what matters.
We all have had a unique set of experiences. What they were, and how we reacted to them is what determines who we are.
Scared of risk? What you should be terrified of is not taking enough risks in the first place.
Try taking no risks for a day. You will quickly realize that, to get anywhere in life, literally, you have to take a few risks along the way. A life without some risk doesn’t exist.
If greater risk means greater reward, the most successful people must have taken significant risks to achieve their goals. Do you?
It seems to me that the term “Uphill Battle” has come to represent something we shouldn’t look forward to. Why?
Is anything worth something given for nothing?
You have to a do little uphill battle to get to the downhill. The bigger the hill to climb, the greater the ride on the other side.
We only take action for two reasons. The first is that we are required to. Think paying taxes here. We do so because we have to. Plain and simple.
The only other reason to take an action is that it benefits us in some way. This can be a direct benefit, such as buying a candy bar. We enjoy it. Directly. Or the benefit can be indirect. For example, you might pay for your child’s college tuition because it will help prepare them for a fruitful life. And the idea that your kids will have a fruitful life makes you happy. Or giving to the homeless. It provides a positive feeling to the giver. That feeling loops back as a direct benefit. Whether direct or indirect, the activity has value to the person taking the action .
Other than a requirement or a benefit, whether direct or indirect, there are no other reasons to engage in an activity. Simply put, if the activity isn’t required of you, it must provide a benefit. It must have value. Otherwise, you wouldn’t do it. Right?
Does everything you do fit into one of these two categories? If not, why are you doing it?
You have plenty of time. You aren’t pressed for time to do what “matters.” Your already doing what you think matters. If you didn’t think it mattered, you wouldn’t be doing it. Right?
Focus isn’t about concentrating. It’s about not giving attention to what doesn’t matter. The byproduct is that you become focused.
You don’t need more time. You need to learn to say “no.” Say no to the things that don’t really matter, and you’ll have the time and focus for what does.
Everybody is afraid of making the wrong decision. Going down the wrong path. Failing. But what they should be most fearful of is making no decision at all. If you make the right decision, you win. If you make the wrong decision, you learn how to lose which takes you one step closer to learning how to win. Either way, you are better off than when you started.
The only thing worse than going in the wrong direction, is going nowhere at all.