“10 Keys to Personal Power” video by Brian Tracy

1. Clarity (of thinking):
a. Ability to focus: to know what he/she wants to accomplish in life, decide what it is you want to be.
b. Be decisive.
c. Have a vision – dream big dreams.
d. Focus on results, not activites.
e. Write out goals – specifically and clearly.
f. Review your goals often.
g. Speak with clarity.

2. Competence: commitment to competence.
a. Excellence yields opportunities – it is a journey – the whole world opens up to you. Always strive to do better. Ask yourself. “How many offers are you getting this month?”
b. Hard work yields improvement: The harder you work the better you get. Anything more than 8 hours (for survival) is an investment in your future; it will pay off.
c. The market pays for excellence.

3. Concentration: Key to effectiveness
a. Best use of time: ask constantly, “What’s the best use of my time?”
b. Develop sense of urgency. Do it now.
c. Completion of each task.

4. Common Sense:
a. Train your mind:
b. think things through: action without thinking is a common cause of failure.
c. Listen to your intuition
d. Learn from setbacks. “The unexamined life is not worth living.”

5. Creativity: The hallmark of creativity is curiosity. 80% of what we use in five years will be different.
a. Tap creative potential: You need an idea that’s only 10% to start a fortune.
b. Look for better ways: keep your mind open for new ideas.
c. Be flexible.
d. Ask questions
e. Have one new idea

6. Consideration:
a. The quality of your relationship with other people will determine your success in life.
b. people skill
c. Golden rule.
d. learn to listen
e. Have a big vocabulary: learn a new word every day.
f. Firings usually caused by not getting along: Low self esteem is the biggest cause of not able to get along with others.

7. Consistency:
a. Dependable/predictable work is superior: always be more successful than flashes.
b. consistency in relationships: Be consistent with family and boss. Law of accumulation: Even if you do hundreds or thousands things you don’t see, eventually they accumulate and gather forces of their own. The biggest accomplishments in life are the results of the thousands of small accomplishments that no one see.
c. Guard your integrity – as the sacred thing – never compromise your peace of mind.
d. consistency in personal development

8. Commitment:
a. no success is possible without commitment (to your company, boss, job).
b. To your family, friends: Find the work and relationship you can commit yourself to.
c. to yourself, career and success: More failures in work are due to lack of loyalty/commitment to company and boss.
d. to your goals.

9. Courage: Outstanding quality of all leaders.
a. Have the ability and willingness to confront your fear. Not because they’re not afraid but they’ve mastered their fears. Most fears disappear when you confront them.
b. Dare to go forward.
c. Avoid ruts:
d. “There is no security in life, just opportunities.” The more we seek security that less we have it. The more we seek opportunities the more we have security. “Life is either a daring adventure or nothing at all” – Hellen Keller.
e. Be a little afraid. If you are fearing, you’re living too inside your potential.
f. fear of failure begets failures.
g. Be persistent in the face of adversity.
Decide that nothing is going to stop you.

10. Confidence:
a. Self confidence begets great achievement.
b. Self doubt can paralyze.
c. Behave confidently.
Nothing succeed like success.

Dorothy Brand, “Go confidently in the direction of your dream and act as if it’s impossible to fail.” Your true beliefs are always expressed in your actions. Act the part until you feel the part.

Book Review: “Multiple Streams of Income” by Robert G. Allen

This is a comprehensive book about creating income stream to earn residual income. I did learn quite a few new things about the affiliate program, network marketing, info-preneuring (feel like writing a book now!), licensing, variable life insurance, and about protecting your empire. Very informative but some of the things he mentioned sounds a lot easier than actual. Each stream of income may require a book or more to understand and practice profitably.

The key outlines:
1. Investing in stock market: a) start investing right away, b) index funds are safest, c) dollar cost averaging, d) long-term investing. The efficient market group vs. beat the market group.

2. Accelerated stock strategies: a) let the master (Warren Buffet) manage your money, b) Select the mutual funds with the longest-term track record, c) select only the financial advisers with the longest track records, d) let your portfolio go to the dogs (of the DJ), e) consider enhanced index funds (2x, 1.5x), f) Consider high-powered stock section funds.

3. Double your money in the market: How to multiply your investment dollars. a) writing covered calls, b) Buying and selling call options. Six rules: a. paper trade first, b. never invest money you can’t afford to lose, c. study, d. establish a mentoring relationship, e. don’t overcommit, f. don’t confuse brains for a bull market.

4. Winning big on real estate:
A. finding motivated sellers (DON’T WANTER CONDITIONS, acronyms). Use a property selection grid (3 pts for each of below categories) 1. Sellers motivation and flexibility, 2. location, 3. financing, 4. price, 5 Property condition. Needs to be 12 pts and above.
B. Funding: 1. Nothing down: ultimate paper out. 2. Lease to own option, 3. ABC (anything but cash) 4. OPR (other people’s resource)
C. Farming: How to harvest your profits: flipping or buy & hold.

5. Fortune in foreclosures and flippers: lots of case studies on how to acquire foreclosures and flip them.

6. Paying other people’s taxes: buy tax liens.

7. Network marketing: a. select the right company, b. use the right marketing system, c. use the right leadership system.

8. Infopreneuring: How to turn a tiny classified ad into a fortune. 5 rings or riches in infopreneuring: 1. succeeding in your core expertise, 2. Teaching others specific know-how to succeed in your core expertise, 3. Using your specific experience to teach general success skills, 4. Marketing other products to your database, 5. Support services to infopreneurs in the other four rings. Seven steps: 1. select a subject that matches your passion/expertise, 2. find the hungriest fish in the lake; et a copy of the standard rate and data survey, 3. Discover the kind of bait your fish have been biting on. 4. Design your own unique bait, 5. Test your bait, 6.Roll out your marketing campaign in a major way. 7. Add other ring 2 versions of your winning info-product.

9 Licensing: Intellectual property at warp speed. Types of licensing: a. Celebrity licensing, b. Character licensing, c. Information licensing. Profiting from licensing: a. Start from scratch with your own idea, b. Use licensing to add multiple streams of income to your existing business. c. Acquire the license to someone else’s idea and grow it from scratch. d. Use licensing to add multiple streams of income to someone else’s existing business. How to get there? a. saturate your mind with tollgate thinking, b. pretend you’re a license mogul, c. spend a day at the local library or bookstore, d. find a manufacturer or end licensee. e. enjoy lifetime streams of royalty checks.

10. The internet. Successful business models: a. Information marketing, b. network marketing, c.affiliate programs.

11. Tax cuts: plugging your biggest leak. Variable life insurance (not variable annuity): single premium variable life (SPVL) and variable universal life insurance (VUL).

Financial fortress strategies: shielding your multiple stream of income – asset protection, estate planning, legal strategies (the Nevada Corporation)

Upgrading Asus NetPC/Eee PC 1000HE with 2GB DIMM

Fry’s was having a sale last weekend on PNY’s 2GB SO-DIMM ($23-$10 Rebate). So I bought one and tried to replace the existing 1GB SO-DIMM that came with the unit.

First I powered down the system, followed by removing the power and the battery to make sure nothing “hot” during installation. Then all I needed to do was to unscrew the two screws on the bottom and “slide” out the cover. That was easy.

But upon reboot, it failed to recognize the additional memory even after a couple of reboots. So I got into the BIOS screen (F2 key upon power up) and verified the BIOS has recognized the 2GB DIMM. Then the computer registered 2GB of memory. It appears that the BIOS does not “explore” additional memory space automatically without going into the BIOS setup screen. I updated the BIOS just in case I have a down level BIOS.

All is well now. I don’t know if the net $14 investment was worth it since Windows XP Home works fine with 1GB of DIMM and I usually just check emails and browse nets, which normally does not require a lot of memory. But there will be some rare occasion when I need the extra memory….