Article Overview: Many years ago as a young, aspiring speaker, I heard an older speaker who was quite philosophical say that you are where you are because that's exactly where you want to be. I thought about his statement, decided it was the "wisdom of the ages" and verbalized it in my own presentations. Over a period of time, a series of events took place that convinced me that his statement was not true in my case. I was broke, in debt and down in the dumps. I wanted to be prosperous and excited about my future. It came through loud and clear that I was where I was and what I was because of the decisions and choices I had made in my life.
Free Download - The Power of the Word: Part 2 By Zig Ziglar
Your Future
Many years ago as a young, aspiring speaker, I heard an older speaker who was quite philosophical say that you are where you are because that's exactly where you want to be. I thought about his statement, decided it was the "wisdom of the ages" and verbalized it in my own presentations. Over a period of time, a series of events took place that convinced me that his statement was not true in my case. I was broke, in debt and down in the dumps. I wanted to be prosperous and excited about my future. It came through loud and clear that I was where I was and what I was because of thedecisionsand choices I had made in my life.
I made those choices based on the information I had, much of which was erroneous. The reality is, if I'm given the wrong directions to go from "point A" to "point B," I'm not going to reach "point B" unless I change directions. It's equally true that if I'm given the wrong directions on how to move from being broke and in debt to being successful and prosperous, I'm not going to end up at the place I want to be.
One important decision you can make even as you read these words is to think about what Thomas Sikking said: "You're not the product of a broken home, a devastated economy, a world in the upheaval of war, a minority group, a family of drunkards or a poverty-ridden neighborhood. You are the product of your own thinking processes and whatever you're thinking about today is the cornerstone of your tomorrow."
If someone else has abused you in the past, it's o.k. to give them credit for fouling up your past, but do not give them permission to ruin your present and your future. Take control of your thoughts and your future. Determine that you will have a better tomorrow. Make specific plans to do so and I will SEE YOU AT THE TOP!
A talented author and speaker, Zig Ziglar has an appeal that transcends barriers of age, culture, and occupation. Since 1970, he has traveled over five million miles across the world delivering powerful life improvement messages, cultivating the energy of change. Since 1970, an extensive array of Ziglar audio, video, books, and training manuals have been utilized by small businesses, Fortune 500 companies, U.S. Government agencies, churches, school districts, prisons, and non-profit associations, affecting lives in a profound way.
Related Forum Posts Future Financial Corporation
- I've never heard of Future Financial Corporation
is this a new company?
Re: How do you back up your computer?
- Seems like backup has definitely hit a nerve. Evan, thanks for sharing your experience with the Backblaze service.
Regarding the time it takes to backup:
* The initial backup will take a little while (one to two weeks for most users) depending on your Internet upload connection and the amount of data you have. You can click the "How long will my first backup take?" link to find out the estimate for you.
* Future backups will be very quick as Backblaze will only backup new files and the pieces of those that have changed.
Thanks!
Gleb
Patent Walk-Through
- Hello everyone!
My name is Alex, I'm 18 years old and I'm constantly drawing up new ideas and inventing stuff. I sketch stuff down everywhere I go and on anything I can write on. I'm a big member of our local Future Business Leaders of America chapter (FBLA). In the future I hope to work my way up to being a Venture Capitalist. I think of myself as a pretty creative person who is very motivated. Some of the ideas and inventions I come up with are pretty far out but others I consider marketable and to have great potential. Being 18, I have little to no connections and no resources. I've been surfing this site pretty frequently for the last year and have finally decided to join the forum group.
Anyway, here's my question...
Basically, I have no idea how to get a patent together the costs and the overall process. As of now, I think I have a great idea that, as far as I know has not, ever been done before. I'm really excited about this idea. I'm a total novice at this and am willing to learn all that I can. Any information that you can provide me with would be great. Again the main things I want to know are:
1.Overall Process.
2.How Long It Takes.
3.Costs.
4.Anything That You Think I Should Know.
5.Tips/Experiences.
6.Confidentiality.
7.Must I Make A Physical Model of My Idea?
Thanks guys!
-Alex
Re: your personality type?
- Hi Zac,
If you're on the fence about 2 and 3, I'd think more about them. Big picture people tend to be oblivious to the detail of what is happening NOW -- the colors on a restaurant wall, the layout of someone's apartment, the color of people's shirts at a party, etc. They instead notice the "theme" -- an upscale restaurant (who knows what color), casual shirts at a party (not sure what style), etc. A "trendy" apartment, but who knows where the bathroom was.
Gut feeling people tend to act w/o all the facts, and are comfortable following that instinct. "Thinker" people will choose something even if they HATE it, just because it "makes sense." Where as that makes no sense to a gut person. Thinkers are more "black and white" where as gut instinct feelers are more "gray area" people.
But going with your selections...
1. Within
2. Big Picture
3. Gut Feeling
4. Spontaneous
The Reflective Seeker of Truth. You are a passionate searcher of big-picture meaning and strive to help others with your empathetic listening skills. Socially, you are usually quiet, but can be a social butterfly when you feel like it, though it can be draining to do so for too long. You have a very silly and goofy side, enjoy people and need time to quietly reflect #1 Strength: Predicting Future Likelihoods #2 Strength: Expressing Social Feeling
Predicting Future Likelihoods Predicting what is likely to happen, based on past events, themes, or
what has historically been true. Deciding what will happen, based on past events. These predictions are usually spoken with con?dence and certainty. A thread or common idea is drawn from the past, and these ideas are used to decide what will happen in the future. Authorities and past situations are extremely important for deciding what will happen in the future.
Expressing Social Feeling Setting an emotional tone, vibrant, energetic, or serious, etc. Concerned with the emotional environment as it?s happening -- the vibe of people at a party, the tone of a situation, other people?s responses. Setting the tone -- dramatic and serious, or lighthearted and a celebration. Emotional displays are important for knowing how others are feeling, whether bad or good. Someone talking in a monotone about feelings seems insincere. Feels should be shown, so they can be read by others.
If that is your type, your #1 match would be...
The Strong-Willed Go-Getter. You are a bold sculptor of the here-and-now in order to achieve immediate results following a logical system for making decisions. You add a fun, upbeat vibe to social events and are often the most gregarious person in the room. #1 Strength: Commander of Physical Space #2 Strength: Systematic/Rule Logic
How to valuate a business
- Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out:
How Northern Crown Capital Valuates a Business
2008 Financial Projections
Earnings Before Tax
$5,865,000
Tax Rate
42%
Taxes
$2,463,300
Net Earnings
$3,401,700
Amount Seeking to Raise Today
$3,500,000
Discounted Value of Future Opportunity, 5 Years Out
2008 P/E Ratio
15
Value of Company in 2008
$51,025,500
Discount Rate Applied
30%
Year 2008
$51,025,500
Year 2007
$35,717,850
Year 2006
$25,002,495
Year 2005
$17,501,747
Year 2004
$12,251,223
Value of Company at Investment in 2003
$12,251,223
Less: Investment Amount
$3,500,000
Present Value
$8,751,223
Discount for Risk & Private Company
40%
Less: Discount for Risk & Private Company
$3,500,489
Private Company Value
$5,250,734
Present Value (What the Owner Keeps)
$5,250,734
60.00%
Financing (What the Investor Gets)
$3,500,000
40.00%
Total
$8,750,734
100.00%
I hope this helps!
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