Book Reviews: MONEY Master the Game: 7 Simple Steps to Financial Freedom

Tony Robbins is a pioneer in the personal development space, but his book on finances is like a graduate course in college.

A novice in finance could read this book and walk away an expert.

Tony takes complicated financial strategies and distils them down to the average reader’s level.

Money is not everything in life, but it is important, especially in the business. There are many entrepreneurs who are great at making income but are clueless as to how to make their money work for them through investing.

You started your business to create freedom, Tony’s book can help you take that freedom to a level you didn’t think was possible through the right investment strategies.

MONEY - MASTER THE GAME

Five Ways to Learn Faster

In the quest to grow as a leader and as a person, you need others' help, you need to learn fast, and it won’t hurt to make your own luck.

Yves Morieux, senior partner at strategy consultancy Boston Consulting Group, has developed an index to show how business complexity has increased sixfold during the past 60 years alone. Organisational complexity — number of procedures, structures, processes, systems, vertical layers and decision approvals — increased by a factor of 35.

To learn fast, you must be interested in people and ideas, not just yourself.

“Be savvy, flexible, learn from mistakes and collaborate with well-connected people,”

wrote Shane Snow, the author of Smartcuts: How Hackers, Innovators, and Icons Accelerate Success.”

Those who learn fast build diverse knowledge pools and tap into the wisdom of mentors to raise their game. They are fast learners for whom questioning, thinking and growing is the norm.

Here Are Five Ways to Learn More, Faster
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Watch & Learn: Inspirational Leadership

The link below takes you to a  TEDTALKS presented by Simon Sinek on inspirational leadership.

He has a simple but powerful model for inspirational leadership — starting with a golden circle and the question "Why?"

His examples include Apple, Martin Luther King, and the Wright brothers ...

Watch and Learn: HERE

What Kind of Thinker Are You?

Have you ever considered what kind of thinker you are?

It may seem a strange question, but being aware of your thinking style will increase your levels of self-awareness, as well as helping you to work effectively with others.

This questionnaire should help give you a good idea of your preferred thinking style.

It can be used as a stand-alone questionnaire or used as part of a wider team development activity.

WHAT KIND OF THINKER ARE YOU?

Business Report Writing Questionnaire & Best Practice Ideas

Business reports are a method of documenting and conveying information and communicating with people. They can provide information without the need for meetings, or can form the basis for discussion at a meeting.

Reports help with planning, communicating and decision-making and are designed to provide research-based information in a concise and accurate format.

They both inform and persuade: a well-structured report with clear points and aims will be more likely to achieve its intended results. Well-planned, informative reports can also enhance professional reputation.

Whenever you write a report you must bear in mind why you are writing and who you are writing for. All reports have a reader.

Using this resource will help you reflect on your current approach to communicating through the written report and provides a guide to good business writing.

 BUSINESS REPORT WRITING

How CEOs Should Handle Criticism

Corporate leaders have always been targets of criticism, both from inside and outside the firms they lead.

But these days leaders are getting it from an increasing number of sources, thanks to a bevvy of internet platforms designed to bring more transparency to work, as well as a social media ecosystem capable of spreading word rapidly. 

“The opportunities for negative comments about CEOs to emerge are through the roof,” said Brian Kropp, of CEB, a research firm based in Stamford, Connecticut.

Just ask Oscar Munoz. The boss of United Airlines is the latest example of the perils of CEO critique. Not only did Munoz feel the heat when a video in April emerged on social media showing a United passenger being dragged off a flight by authorities after refusing to give up his seat to make room for United crew members needing to get to a job in another city, but his leaked internal response to his employees regarding the incident quickly drew ire from company review websites, social media and cable news.

While United’s incident is extreme, it shows just how important it is for leaders to be prepared to face such circumstances. Whether it’s a full-blown national scandal or an internal spat about direct reports, CEOs would be wise to develop the skills necessary to take criticism constructively.     

First and foremost, CEOs need to take any criticism thrown their way head on, Kropp said. In most cases, leaders who try to ignore or deflect negative feedback are likely digging themselves a deeper hole, one that could potentially come with serious consequences for the companies they lead.  

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Three Easy Steps To Business Success?

Do you hire a mechanic to service your car?

Do you have a personal trainer or go to a gym to workout?

Do you call a plumber if your tap is leaking?

Or are you like thousands of other small business owners who decide to Do It Yourself with these tasks. After all how hard is it to change the engine oil, get a little exercise or change a tap washer?

 

Just how much can you do yourself?

The value of having a business coach in order to plan, review and implement major projects within your business is no longer a luxury but in some cases a necessity. This is a function you can Do Yourself, but sometimes it is far more effective to hire an outside perspective, to assist with developing and implementing new initiatives in your business.

Business owners like simple, easy to understand yet powerful tools to use in their business. The 3 Step Coaching Model is one of those tools. The model incorporates 3 simple steps, examining the WHO, the WHAT and the HOW. If you are a Do It Yourself kind of business owner you too can follow these 3 simple steps.

Step1. Who - Discover Who the Client is.Continue reading