Winning Formula for BuSiNe$$ !

Rule 1: Commit to your business.
Believe in it more than anybody else. I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. I don't know if you're born with this kind of passion, or if you can learn it. But I do know you need it. If you love your work, you'll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you — like a fever.

Rule 2: Share your profits with all your associates, and treat them as partners.
In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations. Remain a corporation and retain control if you like, but behave as a servant leader in your partnership. Encourage your associates to hold a stake in the company. Offer discounted stock, and grant them stock for their retirement. It's the single best thing we ever did.

Rule 3: Motivate your partners.
Money and ownership alone aren't enough. Constantly, day by day, think of new and more interesting ways to motivate and challenge your partners. Set high goals, encourage competition, and then keep score. Make bets with outrageous payoffs. If things get stale, cross-pollinate; have managers switch jobs with one another to stay challenged. Keep everybody guessing as to what your next trick is going to be. Don't become too predictable.

Rule 4: Communicate everything you possibly can to your partners.
The more they know, the more they'll understand. The more they understand, the more they'll care. Once they care, there's no stopping them. If you don't trust your associates to know what's going on, they'll know you really don't consider them partners. Information is power, and the gain you get from empowering your associates more than offsets the risk of informing your competitors.

Rule 5: Appreciate everything your associates do for the business.
A paycheck and a stock option will buy one kind of loyalty. But all of us like to be told how much somebody appreciates what we do for them. We like to hear it often, and especially when we have done something we're really proud of. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They're absolutely free — and worth a fortune.

Rule 6: Celebrate your success.
Find some humor in your failures. Don't take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm — always. When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don't do a hula on Wall Street. It's been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools competition. "Why should we take those cornballs at Wal-Mart seriously?"

Rule 7: Listen to everyone in your company and figure out ways to get them talking.
The folks on the front lines — the ones who actually talk to the customer — are the only ones who really know what's going on out there. You'd better find out what they know. This really is what total quality is all about. To push responsibility down in your organization, and to force good ideas to bubble up within it, you must listen to what your associates are trying to tell you.

Rule 8: Exceed your customer's expectations.
If you do, they'll come back over and over. Give them what they want — and a little more. Let them know you appreciate them. Make good on all your mistakes, and don't make excuses — apologize. Stand behind everything you do. The two most important words I ever wrote were on that first Wal-Mart sign: "Satisfaction Guaranteed." They're still up there, and they have made all the difference.

Rule 9: Control your expenses better than your competition.
This is where you can always find the competitive advantage. For twenty-five years running — long before Wal-Mart was known as the nation's largest retailer — we've ranked No. 1 in our industry for the lowest ratio of expenses to sales. You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient.

Rule 10: Swim upstream.
Go the other way. Ignore the conventional wisdom. If everybody else is doing it one way, there's a good chance you can find your niche by going in exactly the opposite direction. But be prepared for a lot of folks to wave you down and tell you you're headed the wrong way. I guess in all my years, what I heard more often than anything was: a town of less than 50,000 population cannot support a discount store for very long.



Writer is Sam Walton<1918-1992>, the founder of Wal-Mart

MOTiVATiON for $UCCE$$

Surviving your first year of college depends largely on your ability to handle your new freedoms and responsibilities in an adult manner.

Put your studies first. One measure of maturity is the ability and willingness to accomplish the things that must be done. What about you? Will you be able to put your studies ahead of your social life?

Keeping in good health. Your physical health is an important factor influencing your success in college. Good mental health includes having a positive outlook on life and thinking positively when you react to a problem.

What is your attitude about college -- positive or negative? Eat right, get your proper amount of rest, and be positive and you'll succeed.

Achieving grades. Students often criticize grading practices, especially when their own grades are low. So if your grades aren't all that you'd like, be fair enough not to place blame on your professors. Accept the fact that only you can be responsible for achieving the grades that you want.

Making academic decisions. A great many freshmen are uncertain about their future educational and vocational plans. They are vague or unrealistic about the occupational field they plan to enter; consequently, they are undecided as to what their major subjects should be. The result of this problem is indecision and lack of interest. The three major symptoms of lack of interest are: procrastination, vacillation and disorganization.

Goal: Choose a major with help from school counselors, faculty, research, testing and a proper decision-making process. Once this has been achieved, you are on the road to success!

SMILE !


The greatest humiliation in life is to work hard on something from which you expect great appreciation, and then fail to get it.
- Edgar Watson Howe

Every man takes the limits of his own field of vision for the limits of the world. Schopenhauer
One learns people through the heart, not the eyes or the intellect.
- Mark Twain

If you want to get the best of a man, you must look for the best in him.
- Bernard Haldane

ZS

Source: Brown, William F. and Wayne Holtzman. A Guide to College Survival. Iowa City: The American College Testing Program, 1987.

What's d Difference???

On a warm spring afternoon, fifteen years ago, two youngmen graduated from the same college.

They were similar inmany ways...
Like most ambitious, hard working students they had alsoenjoyed time off to play sport and to have fun with theirfriends. And they were both very excited about the brightfuture that lay ahead.

Fifteen years later they met.

They were still alike in many ways. Both had a good familylife, a comfortable home and they both had a little grayhair!

But there was a difference.

One of the men is stuck in his career and he hates his deadend job. He feels frustrated and unappreciated. And eachMonday morning he drags himself out of bed to strugglethrough another tiring week.
The other man is in charge of his own business and works asmany or as few hours as he pleases each day. He is excitedabout his work and is richly rewarded for his success. Heis living the dream.

What made the difference?

Have you ever wondered how two people of similar abilityand intelligence can produce such different results intheir careers?
One person struggles day after day and claws his way to thetop of his department - while another seems to have a neverending drive to do more and to achieve more. He rises tothe top of the company in record time.
The difference is in knowing how to get motivated and moreimportantly how to stay motivated.

There is an easy way and a hard way.The hard way means getting stressed about deadlines,constantly beating yourself up and never really achievinganything of value without a lot of worry and tension. It can also mean feeling exhausted and overwhelmed much of thetime.

On the other hand, the easy way means you feel a sense of purpose and drive to achieve more for your own satisfaction and enjoyment. You get more done in less time and you feel energized by your goals. And even better, people respectand value you in a whole new way.

Which do you prefer - the easy way or the hard way?
Knowledge is Power.

Right now I can turn on or turn off my own motivation at will without needing other people to coax me into action.
When you become a master of self-motivation you will wonderwhy you waited so long to get your hands on the knowledgethat was here for you all along.Think about it for a moment.

Why do you want to be more motivated?What are the most important reasons why you want to improve this aspect of your life?What have you missed out on by neglecting this crucial skill?

The time to change is now - until you do, another day,another week and another month will slip by and you will beno further forward in your life.

GO ON PAL ..... LIVE A LIFE !

What a lack of Motivation !

What we did over the years was create bad habits that need to be given up and replaced with a new way of behaving.
Do you realize what these bad habits have cost you in your life?

1. You missed the sense of accomplishment and the satisfaction that comes with succeeding on a big scale.

2. You lost the respect of your peers and you are excluded from the winners circle.

3. You no longer feel in control of your destiny and in fact you are a victim of circumstance.

4. You earn far less than people of lesser intelligence and ability.

5. You worry about the future because you fear you may not be able to deal with things.A lack of motivation is a bad habit you can and must change.

Now is the time to take charge of this situation.

I can tell you from my own experience that nothing will change until you decide to change.
And nothing will improve until you improve it...
You owe it to yourself and to the people who care about you to seize the day and make your life something to be proud of.The satisfaction that comes from living life on your own terms is a wonderful gift you deserve to enjoy. And you will only have this once you know how to motivate yourself to create the life you dream of.
Only after I learned the secrets of self-motivation and how to kill a lack of motivation, I am here, Surviving and enjoying life !
The world did not change. Other people did not change. I changed.

Only When YOU change will your world change for the better.

Wikipedia Calling !

ASK Jimmy Wales about mainstream media, and chances are he would say, "Oh, you are talking about Wikipedia?'
Nearly five years after he founded Wikipedia, the free online encyclopaedia that anyone can edit, Wales can today afford to ask that question. Because the 4.2 billion page views Wikipedia gets a month is more than what the online editions of many prominent media players do.
At the recently concluded World Summit on Information Society (WSIS) in Tunis, this writer had attended a conference called by the Wikipedia Foundation, the parent organisation of Wikipedia. The sheer number of people who turned up at the meeting, held amidst scores of similar events at WSIS, was a testimony to the popularity of Wikipedia.
"We have no ads, no business deals," says Jimmy Wales, who was present at the conference. Then how does Wikipedia manage to grow so exponentially without any obvious source of revenue? Wales says the 120 servers located across the world, which handle the huge traffic to the site, are all managed by volunteers. "There are only two employees at the Wikipedia Foundation. Rest are all volunteers," he says.
Most of the revenue of the Wikipedia Foundation comes from donations and grants. For instance, Yahoo! donated some servers. A plan to license the Wikipedia trademark also fetches some income. "We don't worry about money. We worry about growth; getting servers,' Wales says. As for bandwidth, it does not cost much anyway these days.
The philosophy of Wikipedia is that nobody knows everything but everybody knows something. That is why it lets any visitor to the site edit an article if he or she feels like doing it. This is possible unlike other Web sites because Wikipedia uses a software called `Wiki' that allows users to edit a Web page. While this openness of Wikipedia has given rise to a great deal of criticism on the accuracy of the site's content, Wales argues that it is always better if a larger number of people work on a subject.
Till date, any effort to vandalise Wikipedia has been successfully thwarted by its passionate volunteers. If anyone intentionally puts in mistakes in an article, it so happens that another user who finds the mistake will immediately rectify it. But not everyone is satisfied with the accuracy of the site.
"Wikipedia has been criticised for a perceived lack of reliability, comprehensiveness and authority. It is considered to have no or limited utility as a reference work among many librarians, academics and the editors of more formally-written encyclopaedias," the article on Wikipedia in Wikipedia itself says.
Wales says Wikipedia's English language version has some 800,000 articles now, containing around five million words. This makes Wikipedia larger than Encyclopaedia Britannica. In addition to this, Wikipedia also has about 200 language editions of which some 100 are active. Some other languages that have more than 50,000 articles are German, French, Japanese, Polish, Italian, Swedish, Dutch, Portuguese and Spanish.
So how many people does Wikipedia need to run its site? Surprisingly, not too many. "There is not a million people working on Wikipedia, adding a sentence each," Wales points out. He says that 50 per cent of all the editing is being done by 0.7 per cent of volunteers. Also, just 2 per cent of the volunteers are responsible for 75 per cent of the work, thereby making the Wikipedia community a rather small one wherein everybody knows the others.Why not accept advertisements on the site? Wouldn't that help Wikipedia expand and reach out to more people? Wales says ads are `extremely unpopular among the Wikipedia community,' though he adds that it is never said "we will never have (ads)."
"We don't need money to survive. There are lots of other resources to get revenue," he says. Accepting advertisements on the site will undermine the credibility of articles and affect independence. For instance, if there is an ad from Microsoft on the site, many would suspect that an article on that company is influenced. "Ads in an encyclopaedia don't fit in," Wales says. Also, it is a matter of aesthetics of the site. But the final decision on ads will come from the Wikipedia community itself.
But how long would a user be motivated to volunteer for Wikipedia, constantly monitoring and editing articles? Will people eventually get bored (with Wikipedia) and leave everything? "I don't know," says Wales. But going by the ever-growing popularity of Wikipedia, it seems Wales can ignore that question.



Source : The Hindu Business Line

Oh Peter !

There was one Peter I respected till date n that was our own Dr. Peter Drucker.
And here is another specially God-sent mentally super-charged persona I passed by-- Mr Peter Murphy.

Wanna know the secrets of Success n Motivation? Well, who doesn't wanna know them today ... even Bush n Blair n Laden are running for them !

Check out some pointers by the guru Murphy himself...


>>> 10 keys to beating procrastination:
1. Working efficiently requires much less energy thantackling several tasks at once and never completing any ofthem.You can more effectively manage your time if you make alist each day of every task you need to complete in orderof importance.Finish each task before starting on the next.Organizational and time management skills will reduce yourlevel of stress and increase your productivity.
2. Problems and demands can seem overwhelming at times andleave you feeling overburdened and out of control. Theproper time management tools, including a to do list, willhelp you keep your priorities in order and give you a planto follow each day.
3. If your tasks seem large, break them into individualcomponents until they seem more manageable. With a preciseplan you can eliminate most of the problems you face duringthe day and gain a feeling of pride and accomplishment whenyou see a noticeable difference in your productivity level.
4. Procrastination tends to leave you with a feeling offrustration and a sense of never finishing anything nomatter how hard you work.To find success both at work and at home, you must organizeyour daily tasks and your life. Time management skills areamong the most important you'll ever learn. Learning toprioritize and do the right things at the right time willhelp you reach your goals on a daily basis.
5. Being effective means doing the right things in a timelymanner. Your effectiveness depends on learning how to stopprocrastinating.You can delegate tasks to others to free up your time to dothe urgent tasks to meet your objectives in order to bemore productive. Being inefficient and frustrated equatesto poor performance.
6. You can lower your stress level and achieve your taskseach if you practice using your time wisely and learn howto stop procrastinating.You can learn how to stop procrastinating if you useeffective time management skills. You can get good resultsif you use your time wisely.
7. Determine your priorities, set achievable goals, andplan wisely to enable you to make the best use of your time.Learn your strengths and your weaknesses, and you candevelop a plan so you can be more productive in both yourpersonal and professional life.It is important to enjoy what you do to enhance the qualityof your life. Most jobs have duties that are monotonousand that you dislike.
8. Learning how to stop procrastinating will allow you tolessen the time spent on performing tasks that you dislike.Allow more time for the things you like to do to alleviateyour frustration, and you will be on your way toward endingprocrastination.
9. Identifying your strengths and weaknesses can help youcan direct your job toward an efficient, if not enjoyable,direction.You can learn how to stop procrastinating and makeeffective use of your time if you manage your time wisely.
10. Concentrate on the important elements of your tasks andstop working frantically with no accomplishments. Finishingyour essential tasks as they arise can prevent a tremendousloss of time.

Peter Murphy is a peak performance expert.



Live Strong !

Motivated???

Generally we blame motivation or a lack of willpower for failing to keep our Resolutions. But this is too simplistic a view. If you want to create an endless source of motivation you have to understand what motivation is and how it works.

Everything in life has many, many layers and levels to it. And motivation is no different.No one has ever lacked motivation. Probably the most common area where people talk about motivation is losing weight and exercising.

Now why is someone overweight? Because they have too much motivation for the foods that make them put on weight. Why don’t people exercise? Because they are more motivated to do anything rather than exercise.

The problem is not motivation. You are always motivated, but you are motivated for the things that you feel will bring the greatest rewards or the least pain. Your motivation depends to a great extent on your personality. Introverts are more interested in avoiding pain, whereas Extraverts are more concerned with possible rewards.

Some people have a longer-term view of life, others care more about now.So an Introvert with a longer-term perspective is far more likely to choose the fat-free option because he or she wants to avoid the pain of being overweight.Whereas a more impulsive Extravert will probably go for the chocolate cake because the reward now is far more exciting than the possible pain in the future.

Everything we do is based on an economic mindset. By economic I don’t mean financial, but we do attribute everything with a value. And we continually look to maximize our pleasure and reduce our pain.

Good morning World!

seems like a new life again!

well thts coz hd a huge brk from everything ..... but still doin everything but out of order!

but from now i swear by myself n my future........ u wont c any other person so systematic as me ever!

studies - relations - discipline! this is gonna b my raga for life for the comin few days months n years.......

else nothing.!

good to write something u always wanna say it to someone ........ straightway out here!

if neone's readin this n thinks of being the best some day, REMEMBER tht u hv tough competition!

okie then world!
good nite for now for a new morning!

Zubin S
the believer!