May 15, 2007
Money Giveaways... Deal With What Life Has Dealt You...
How to Identify a Winning Idea... and More.
** Money Giveaways
By Adrian Newman, Founder of e-Wealth Daily
Yesterday, I received an e-mail from someone asking me why I
don’t give money away to people who are in need.
The honest answer is that I actually do give money away to a
lot of people in need.
Ask Dennie Richmond Jr. from South Carolina, who recently
received a phone call from me, followed by a cash gift to help
him sustain his family-run bakery business.
Ask Dan Weyler from Texas, who took the cash gift I sent him
and used it to help his four children get their careers started.
Or ask Tanya Barbour, Linda Pipkin, Tyson Gibbs, Richard
Pacheco, Marian Johnson, Yolanda Megginson, Oscar Brown
or any of the others who have received cash gifts that never,
ever have to be paid back.
Am I done giving away money? Heck no! In fact, I recently
contacted another customer whom I plan on sending money to,
and I have another letter on my desk of someone whom I plan
on helping within the next week or two.
So, yes, I do give away money on a regular basis.
Unfortunately, it is impossible for me to give money to
everyone who asks.
However, I am always willing to give advice, whether it’s
through my e-mail messages, the books and newsletters I
publish, or even through some of the phone calls I make to my
customers from time to time.
In fact, I’ve gotten more messages of gratitude from the advice
in my publications than I’ve ever gotten for any cash gift.
So, the answer to the question is, “Yes, I give away money to
those in need.”
But I feel it’s not the most valuable thing I give away.
** Deal With What Life Has Dealt You
By Doug D'Anna, the "Hundred-Million-Dollar Man"
I marvel at fate and you should, too. Some people subscribe to
the belief that fate is the name for those things that they cannot
change. Others do not subscribe to it at all, professing that
everything that happens in life is under some form of control. I
think that both of these types of people must become frustrated
at some point or another when those definitions just don’t pan
out for them.
I believe that we are dealt situations and that it is up to us to
figure out the correct way to respond to them, bring forth the
good in them and nurture them into useful, meaningful events.
I believe that fate is an outcome determined by our response.
And in order for our response to be positive, we need to
analyze the way we do a few things.
To be sure, looking at the good moments in life is easy. But
many people run from their mistakes, hide themselves away in
either guilt or shame. We are all human, and we need to accept
the fact that life will deal us blows. The important part is that
we review what has happened leading up to, during, and after
these events to determine what we could have done differently.
You should never be afraid to look at your mistakes.
Everybody gets knocked down, and the only way you truly fail
is if you don’t get back up. Even heroes fail. Again, nobody
bats 1,000. Not Barry Bonds. Not Tiger Woods. Not even the
great Michael Jordan makes all of his shots.
The key is to take those misses and make sure you learn from
them in order to win the next game, the next season. We need
to establish changes that will ensure the mistake doesn’t
transpire again. Set a new course for ourselves; change our
behavior, our habits, our way of thinking.
I believe that the most important thing you can do to “get back
up” from the obstacles that come your way are to:
1. Know that these hurdles are simply the natural course of events;
2. Learn from them.
** How to Identify a Winning Idea
By Michael Newman, the "Money Finder"
Friends and colleagues often ask me about how they could
determine if their idea will be a big moneymaker.
Unfortunately, there isn’t a mathematical equation that will
quickly answer that question. However, there is one common
factor that all winning ideas have. This common factor could
help you decide if your idea could be the next huge success
story.
You see, the best big ideas turn into financial winners because
they solve a very specific problem.
Rarely do new ideas solve a problem no one knew needed
fixing, although that can happen. What usually happens is that
big ideas solve existing problems and focus first on just that
one problem.
For proof, you can just take a quick look around your home.
There are probably plenty of items that you use every single
day that might not have existed until recently. Brooms have
been around for centuries, but static cling cleaning sheets, such
as the Swiffer brand, have only been around for a few years.
Brooms work just fine, but there was a need for something that
worked faster, and static cling sheets satisfied that need.
Your solution to a problem should also be unique. However, it
doesn’t have to be completely original. It’s rare to come up
with something that no one has ever thought of before. So your
idea should be something that uniquely and creatively solves a
problem.
For example, consider the often-used adage, “the best thing
since sliced bread.” The inventor of packaged, sliced bread
didn’t invent bread, nor did he invent knives and slicing. He
simply brought these two existing ideas together and the end
result created something people wanted. Which goes to show
you that there are probably an unlimited number of big ideas
just waiting to be discovered.
Finally, you want to evaluate whether your solution to this
problem has longevity. Are you solving a fad problem that may
not even exist in a year or two? Fads and trends can be tricky to
determine. Some may turn into lasting products that replace the
standard in their industry. Others may disappear as quickly as
they appeared as they lose their relevance or their cool.
By thinking ahead and learning everything you can about the
problem your idea may solve, you’ll be in a position that could
help you identify whether or not it will be a success.
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