Core 12 Life Skills for 2021: Personal Development, Goals, Money Management, Branding & More | Cal Hyslop MBA, University Instructor | Skillshare

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Core 12 Life Skills for 2021: Personal Development, Goals, Money Management, Branding & More

teacher avatar Cal Hyslop MBA, University Instructor, Work Harder on Yourself than Your Job!

Watch this class and thousands more

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Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

70 Lessons (6h 56m)
    • 1. Welcome to the 12 Core Life Skills Course

      5:23
    • 2. Core 1 - Getting Goals for the Life You Want

      5:37
    • 3. Core 1 - Why Are Goals Important

      4:07
    • 4. Core 1 - Goals Warmup

      8:30
    • 5. Core 1 - Setting Your Goals

      11:42
    • 6. Core 1 - Setting Your Strategy

      8:01
    • 7. Core 1 - Goals Wrap Up

      4:27
    • 8. Core 2 - Managing Your Time

      5:15
    • 9. Core 2 - Why is Managing Your Time Essential

      2:59
    • 10. Core 2 - The Five-Step T.M. Process

      10:08
    • 11. Core 2 - Tried and True Time Tested Tips

      5:20
    • 12. Core 2 - Time Management Wrap Up

      4:06
    • 13. Core 3 - Controlling Your Finances

      3:55
    • 14. Core 3 - Why Master Your Finances

      7:47
    • 15. Core 3 - The Art of Budgeting

      13:15
    • 16. Core 3 - Savings Strategy

      4:14
    • 17. Core 3 - Investment Eye-Opener

      10:41
    • 18. Core 3 - Personal Finance Wrap Up

      4:12
    • 19. Core 4 - Continuous Personal Development

      3:55
    • 20. Core 4 - What is It and Why Is It Important

      5:01
    • 21. Core 4 - Your Attitude

      6:22
    • 22. Core 4 - The Physical

      4:04
    • 23. Core 4 - The Mental

      5:28
    • 24. Core 4 - Personal Development Wrap Up

      1:46
    • 25. Core 5 - Being Likable

      4:35
    • 26. Core 5 - The Importance of Likability

      5:15
    • 27. Core 5 - Likability Principle 1

      5:56
    • 28. Core 5 - Likability Principle 2

      4:24
    • 29. Core 5 - Likability Principle 3

      6:00
    • 30. Core 5 - Likability Principle 4

      3:13
    • 31. Core 5 - Likability Principle 5

      2:40
    • 32. Core 5 - Likability Principle 6

      4:01
    • 33. Core 5 - Likability Wrap Up

      2:24
    • 34. Core 6 - Personal Networking

      7:51
    • 35. Core 6 - The Currency of Networking

      5:24
    • 36. Core 6 - How You Should Approach Networking

      12:12
    • 37. Core 6 - Connecting to Those You Admire

      11:00
    • 38. Core 6 - Networking Wrap Up

      2:35
    • 39. Core 7 - Mentors

      4:30
    • 40. Core 7 - The Importance of Mentors

      9:03
    • 41. Core 7 - Finding the Right Mentors

      12:00
    • 42. Core 7 - Mentors Wrap Up

      2:38
    • 43. Core 8 - Surrounding Yourself with the Right People

      4:23
    • 44. Core 8 - Why Friends and Aquaintances

      5:45
    • 45. Core 8 - Some Simple But Good Advice

      5:00
    • 46. Core 8 - Attracting the Right People

      5:03
    • 47. Core 8 - The Right People Wrap Up

      2:39
    • 48. Core 9 - Embracing Failure

      3:07
    • 49. Core 9 - Why Failure Is Actually Good

      8:24
    • 50. Core 9 - The Failure Toss

      5:46
    • 51. Core 9 - Learning from Failure

      5:54
    • 52. Core 9 - Failure Wrap Up

      2:39
    • 53. Core 10 - The Science of Happiness

      3:24
    • 54. Core 10 - Common Misconceptions on Happiness

      8:30
    • 55. Core 10 - What Causes Happiness

      6:52
    • 56. Core 10 - The Effect of Thoughts

      12:47
    • 57. Core 10 - The Effect of Actions

      12:22
    • 58. Core 10 - Happiness Wrap Up

      4:05
    • 59. Core 11 - Resourcefulness

      2:57
    • 60. Core 11 - The Importance of Resourcefulness

      4:37
    • 61. Core 11 - Guilford's Alternative Uses Test

      11:12
    • 62. Core 11 - Boosting Your Own Resourcefulness

      8:14
    • 63. Core 11 - Resourcefulness Wrap Up

      2:39
    • 64. Core 12 - Personal Branding

      5:23
    • 65. Core 12 - What, Why, and Who

      5:23
    • 66. Core 12 - Your Ambitions

      5:34
    • 67. Core 12 - Your Brand Statement

      6:12
    • 68. Core 12 - Broadcasting Your Brand

      10:19
    • 69. Core 12 - Personal Branding Wrap Up

      1:50
    • 70. Congratulations, You Finished!

      3:09
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About This Class

Why take this class?

It's an All-In-One Course:

Having life skills is an essential part of being able to meet the challenges of everyday life, and this course covers the fundamentals of the top twelve life skills that lead to success and happiness. And strangely enough, these skills are almost never taught in university nor discussed at length in homes. Do you recall ever learning how to use compound interest to quickly double your money, how to use sincerity to win the hearts and minds of others, the truth of what happiness is and how to apply it, or the best techniques to manage your reputation? If used, that information can have a dramatically positive effect on a person’s life, your life, or the life of a family member.

After all, the dramatic changes in global economies over recent years have been matched with the transformation in technology and these are all impacting on education, the workplace and our home life. To cope with the increasing pace and change of modern life, you need to have developed or be in the process of developing these abilities. So, if you are not confident in each of these twelve areas, can you really afford not to do something about it?

This course is unique.

Why? Because this course has curated and consolidated the best advice from experts and highly successful individuals over twelve of the most critical life skills necessary to make it in today’s rapidly evolving and competitive environment. Along with this advice, this course also goes into the science of why these lessons lead to results.

What topics are covered in this course?

The goals of this course are for students to develop a basic level of knowledge and skillset within a number of practical areas to nurture personal and professional development throughout a lifetime. These goals are organized by content and class below.

  1. Goal Setting - Students will learn the importance of finding direction in life by continually setting, adjusting, and following a strategy to reach both long-term and short-term goals. They will also learn methods to create goals that provide focus, motivation, and measured progress.

  2. Time Management - Students will benefit from learning how to accomplish more with less effort, improve decision making, and develop a better sense of self-discipline. This section will address the time management steps of goal setting, time tracking, planning, self-monitoring, and time adjusting.

  3. Personal Finance - Understanding money management and preparing a financial future are subjects usually neither taught in schools or in homes although crucial to a person’s well being. Students will learn the basics of money management in budgeting, accounting, and investing.

  4. Continuing Personal Development - The greatest asset one can have is the investment they make in themselves. By consistently developing and improving oneself, success and personal fulfillment are more easily attained. Self-development enables a person to serve and be more valuable to those around them—for their children, for their colleagues, for their business, and for their community. Here students will learn the importance of persistent self-development, which areas they should develop, and the steps needed to create a personal development strategy.

  5. Being Likable - It is important to know that success does not simply depend on a person’s skill level. It also has a great deal to do with how others fell about that person. Being unlikable can be harmful to one’s career just as being likable can open many doors to opportunity. Dale Carnegie (developer of famous courses in self-improvement, salesmanship, corporate training, public speaking, and interpersonal skills) was a pioneer in identifying what is necessary to “win friends and influence people.” In the course section, students will learn Dale Carnegie’s six principles to being likable.

  6. Networking - Most people are aware that a strong network can have a big impact on a person ’s career success. Networking will not only help someone land a job faster, but it will give them a competitive edge throughout every stage of their career. Students will find in this section steps to build and maintain a network of peers and industry leaders which will serve them as they develop their careers.

  7. Having a Mentor - A remarkable 75% of executives say mentoring has been critical to their career development, according to a survey by the American Society for Training and Development. This section of the course will teach not only the importance of having a mentor but also a 10-step process on finding, evaluating, and building a mentor relationship with the right person.

  8. The Right People Around You - Students will learn that surrounding themselves with the right people is essential to future success because a person is the average of the five people they spend the most time with. And when a student is goal-oriented, having the right people in their life can help them reach any target more effectively and efficiently. This section will help students identify personality types of both who they should and should not surround themselves with and how to build the right relationships.

  9. Embracing Failure and Learning from It - The most successful people have shown that the secret to success is having first gone through failures. The key lies in getting up when you fail and moving forward. Here students will learn why failure is okay, why it is important to put effort into learning from failure, and what steps to take in order to document this process.

  10. Happiness and Mental Health - A growing number of top universities such as Yale are offering courses that aim to put students on the path toward happier lives. Peter Salovey, president of Yale, said: “I think students are looking for meaning.” He believes that while students today are more sophisticated and worldly than previous generations, they seem to be much less resilient. This section of the course will help students figure out what it means to live happier, more satisfying lives, and teach them scientifically-tested strategies to achieve that goal.

  11. Resourcefulness - Unless information is processed, organized, and applied, knowledge can become a source of frustration rather than fulfillment. The section of the class will focus on helping students develop the ability to find and use available resources to achieve goals. Students will be better equipped to process information intellectually and emotionally by applying problem-solving knowledge to new situations and helping them know when to collaborate or work independently.

  12. Personal Branding - As society moves towards the digitalization of everything, one of the most valuable assets an individual can possess is a personal brand. It is advantageous for young individuals to build a personal brand because it helps establish credibility, build a network, and create job security in an evolving marketplace. Students will learn methods of building a personal brand and how to use tools to support that process.

IMPORTANT: Download and use the PDF files titled Core Classes Consolidated Worksheets to follow along with the activities in each lesson. It is located in the "Projects & Resources" tab.

And if you liked this class, be sure to check out my related courses that may benefit you even further! 

  1. Envelope Budgeting Made Simple - https://skl.sh/2O5jVAh
  2. Money Management for 18-16 Year-Olds - https://skl.sh/3klhe9c
  3. Create a Personal Budget from Scratch - https://skl.sh/2LIL6zL

Hope to see you in class again soon!

Meet Your Teacher

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Cal Hyslop MBA, University Instructor

Work Harder on Yourself than Your Job!

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Transcripts

1. Welcome to the 12 Core Life Skills Course: Hello, ladies, German. Welcome to this class. Before we begin, I like to say thank you for choosing this particular course and get ready to make a difference in your life. It's made a difference in mine, and I hope to pass on that value to you. So without further ado, let me introduce this particular course. This course is over the top 12. Basics of personal success and happiness in life. Hopefully I've got your attention. My name is William Cal Hislop and I will be your instructor throughout the duration of this course. And if you'd like to know a little bit more about me, go ahead and check out the bio section on the main page. So let's get started. To be truthful, each of these lessons could be an entire class by themselves. However, it's my intention to get you started with each of these 12 principles of success, to make you more aware of their importance and how to take advantage of them. Then it will be up to you to continue learning Maura about thes once this course is finished. So what are the biggest benefits of this particular course? Well, I've consolidated them into three main areas. Number one being more control over your future. More successful in your career and in life. And three being happier in life. Don't we all want these things for ourselves and the ones we love? Have you ever heard this expression? Have you ever used it? Can you think of any mistakes you've made or lessons you've learned and wished you could have done things over again. What regrets do you have? Well, imagine. If you knew then what you know now, you probably would have made better decisions and fewer mistakes. Right? Well, this has been the case with me. I wish I knew these 12 skills when I was in my twenties. They would have helped me tremendously. So why have I chosen these 12 subjects to teach you? Well, let me tell you a little story. Not long ago, I became a father. After becoming a father, it became a big concern of mind to make certain that my daughter grew up having the right education. Now we usually think that the right education means going to the best schools all the way through university. That's good. But I realize that it's not good enough. The world is over populated and extremely competitive. I knew that for the best chance of success. My daughter needed much more of an education. Dan is on, Lee offered in schools. So after a great deal of research and reading, I've discovered that they're very important lessons which were rarely discussed at home and almost never taught in school. How strange it is that this happens to be true. The 12 lessons that I plan to teach my daughter one day are the same lessons you'll learn here in this course. I hope you'll think seriously about making the effort to understand these 12 principles for success and apply them into your life. And better yet, once you've done so, teach them to the people you love. Of all the successful people in the world past President Future, 100% how to work hard and 0% did it without the help of others. So I would like to do a little thought exercise with you. I want you to imagine a hypothetical situation. I want you to imagine that you had a time machine and you could travel to your own past to change some of the choices that you've made. What would you have done differently? Would you have studied harder on a particular subject? Would you have talked to someone that you liked, but you were too shy. Would you have taken an opportunity to travel somewhere? What if you could change some of your regrets? What if you could prevent some of those mistakes? Do you remember that quote? If I only knew then what I know now? Well, now is your chance to use that time machine. At least in a way. Imagine yourself 20 years from now, having traveled back to this day, you have the new opportunity to take advantage of the lessons in this course and use them to make your life the kind of life you really want. Carpe diem, Right? Seize the day. Now I have an important note for you. Keep this in mind Some of these lessons you may have heard of before. For example, you need to set goals you need. Teoh, manage your time. You need to control your finances. You've heard it all before, right? Well, be careful And be sure to understand the law Familiarity. Don't take these lessons for granted because fundamentals need to be practiced daily, the best of the best in their fields practiced and mastered the fundamentals. And in order to master success and happiness, you need to master the fundamentals, starting with your goals. And to master these fundamentals, you need repetition. You need to do it over and over until it becomes a part of you. So get excited about mastering these 12 core lessons and get ready to start fundamental number one, the foundation of them all. Goal setting and gold strategy. All right, guys and girls, ladies and gentleman, it looks like you're ready to start. Core lesson number one. Once you're ready, click the next button and start your lesson on goal setting. 2. Core 1 - Getting Goals for the Life You Want: hello and welcome to the first core lesson of this course, and I must say that I believe we're starting with the most important of these 12 lessons on . I'll show you why in a second. And this is something you want to work on as hard as possible now and continue to do so over time in the future. You want to revisit this lesson over the years because it plays such an important role in today in your future development, and our topic is on goals specifically, how to set the goals for the life you actually want. Our lesson is going to start with. The quote in our quote of the day goes as follows Life best lived his life by design and what that means is the best kind of life to live is one that you design and the one that you control This lesson on goals. This core lesson on goals will start out with today's introduction and mystery question. I'm going to give you a mystery question at the beginning of each core lesson. It should help stimulate your thinking and be a little bit interesting to you, and you want to try and answer that question as we progress throughout this lesson, at least think about it. And then, at the end of this core lesson in all core lessons, I'll give you the answer. We'll see how close you came, Teoh figuring it out. Second, I'm going. Teoh tell you why you should have goals. Next we will have, Ah, a workshop, a warm up to get us thinking about our goals. Get you in the right mind set. Next we'll go to workshop, part one on gold, which is goal setting. Then we'll go to Part two of our workshop, which is gold strategy. And then finally, as I said, we'll wrap things up by giving you the answer to the mystery question. Before we begin, though, I really want to impress upon you that today's lesson on goals really helps build the foundation of Onley, not the rest of this 12 part course, but also the rest of your life. It really sets you in the right direction and help you accomplish whatever goals you seek to finish. I like to introduce you to a man named Jim Rohn, and he's one of my favorite guys. He's really an inspirational man. He's an American entrepreneur, author, motivational speaker. He's really helped a lot of famous people that you might have heard of become who they are today, and unfortunately, he passed away in 2000 and nine. He has an interesting quote that I've found inspirational, and it really has a lot to do with today's lesson and it goes like this. You cannot change your destination overnight, but you can change your direction overnight, and that's what we're going to do. We're going to find your direction, put you on the right path to getting those goals finished, because without direction, how are you going to get to where you want to go? So help me if you will. I know I can't see you. Although you can see me, I would like you to raise your hand if you have specific goals for the next five years, Do you do you have specific goal is you want to accomplish within the next five years? Raise your hand. Yes, for now. Okay, how about this? Do you have specific goals for the next 10 to 20 years? It was a little more difficult. Raise your hand yes or no. All right, we're getting closer to the right mindset. So let's build up this mystery question. Let me give you some background on Jim Rome. Jim Rohn had a mentor. His name was Earle Shoaf. An Earl Show really put him on the path to success. After all, Jim Rohn became a multimillionaire. Earl Shoaf, Jim Rome's mentor, asked him a question. When Jim was about 25 years old, he asked him if he had something specific about his goals, and if he didn't have this particular important thing, then Mr Shelf said he could guess his bank balance within a few $100. Jim Room said that he actually did not have this particular thing regarding his goals, and Mr Shoaf was able to guess his bank balance fairly accurately, which was not that much money. Can you guess what this thing Waas. What important thing did Jim need to have regarding his goals? So the question again, What is one of the most important things you need to do with your goals? Something you need to have. I want you to try and guess before the end of this class, and I'll give you the answer at the end of this core lesson. So let's recap what we talked about for this introduction on goals. I mentioned that your goals lay the foundation for your success. And, of course, next 11 lessons. I mentioned a man named Jim Rome highly successful and has helped others become very successful specifically because of goals. I mentioned that goals help you find direction in life. And finally, the mystery question. I asked, What is the crucial thing you need to do and have regarding your goals? Okay, so that wraps up this introduction to our first core lesson. Let's get ready for the second part, which is why I have goals. 3. Core 1 - Why Are Goals Important: great. So let's start Section two of this core lesson. It's really about why you should have goals. So thinking about why is goal setting so important? What have you heard about the importance of goals or setting goals? Well, today, I'd like to take you through three distinct reasons. That goals are important for your life and why you should be setting them. Number one goals Help you design your future. Now we just saw this in the previous section with a quote from Jim Rome. If you recall, life is best lived by design, you want to have control over your life. You want to be the designer of your own life. Now, how many of you remember Alison Wonderland Now if you don't recall the author, that person's name was Lewis Carroll, and one of the characters was the Cheshire cat. At one point, Alice was asking a question. She was lost and she wanted to find her way out. The Cheshire cat asked her Well, which way do you want to go or where do you want to go? And she wasn't sure. The Cheshire cat responded by saying, Well, if you don't know where you're going. Any road will get you there. What can you take from that quote if you don't have a clear direction? If you're not working on your goals and you don't know where you're going, you really not going to go very far. At least you're not going to go where you are hoping to go. Number two goals pull you through the hard times. Now we all have our aspirations for the future when we set these goals and we run into obstacles. Looking at these goals, being clear on these goals and especially knowing why we set these goals will help us continue through these obstacles. All too often, people quit. When things get hard, it's inevitable that you will face difficulty in self doubt on your struggle to success. Goals will help you remember what you're doing and why you're doing it. And number three goals, contracts form your life and this is truer than you may think. Once you're clear on where you want to go in life and you're clear on all of the goals that you've set, then you find direction and you really start going down that path at an accelerated speed. You start accomplishing 12 or three goals, you build your confidence. And then the next thing you know, you've built this mo mentum that's going to keep pushing you further down the road towards success. And then one day, not far from then, you look back and you can compare who you are today to who you were yesterday and the difference congee really surprising in a positive way. So there you have these air. Three special reasons that goals are important. Not only toe have not only to set, but to continue to strive toward, and those are as the following number one. They give you a design for your future. They give you the control over your life. Number two. They pull you through tough times because there are always op schools in front of us. You just can't escape that reality, so be prepared for them and goals help you with that preparation and number three, they transform your life. You'll be so surprised once you have ah, clear set of goals. And once you continue to work on those goals that they really change the person that you are and they help you become the person you want to be. So I hope you found value in this particular lesson that you better understand why it's so important to set goals. And let's get ready for the next section. We're going to do a warm up to get you mentally prepared to start setting these goals. Okay, See you very soon. 4. Core 1 - Goals Warmup: fantastic were almost ready to set your goals. But before we do so I want to get you in the right state of mind. So what we want to do now is to go through a little bit of a goal setting warm up, so to speak. If you haven't guessed already, the first thing I'm going to ask for you to do is get out some paper and a pen doesn't really matter. It could be just some scratch paper. Just as long is you have a blank piece of paper and something to write with. You should be OK. OK, push pause for one second. Grab that paper and pen and then let's begin. Okay. Are you ready? The first question that I have for you are what are five things you've already accomplished that you're proud of. Now, this could be something simple or complex. Are you proud of something that you worked hard to purchase or something you've worked hard to accomplish? Like a skill that took some time? Perhaps it's a relationship. Maybe you're really proud of a girlfriend, boyfriend, wife, husband, or even a friendship that you have. Whatever it ISS list five things that you have accomplished that you're proud of Push, Pause. Write those down and then we will continue. Great. Now I'm going to ask you a quick question that I think we both know The answer to already is Do you want to accomplish bigger things? Well, most likely, Yes. Because why else would you be taking this course? Right? Well, since most likely the answer is yes. My next question is, what do you want? What do you want in the next 10 years? Now we're going to go through a little process. I'm gonna ask you to list on your piece of paper. 20 items at least 40 is better. But before you start, I want you to think in a perfect world, what would you want to have Or what would you want to have accomplished in the next 10 years again? In a perfect world, what do you want? But before you start writing, I want you to make sure you have smart goals, A smart list. And what does that mean? Well, you might have guessed the s m a r t stand for something. Let's go through with those are as stands for specific this is very important. Whatever your goal is, you want to make sure that it's clearly written and not vague. You want to be detailed. For example, don't say something like, I want more money. Well, if I gave you a dollar. Congratulations. You got more money. If you want more money, specifically, how much do you want? If you want to be more skilled, what specific skill do you want? What degree or level do you want? Next is M M stands for measurable state. How much and how often? How will you judge your success? You've got to be specific, and it needs to be something that can be measured. So when you're writing your goals, how will you know when you accomplish those specific goals? A stands for achievable this means would be realistic. Make certain it's realistic and you can get the resource. Is that air needed now? You don't want things to be too easy. Easy goals are achievable, but they're not satisfying. You want to challenge yourself. Whatever goals you set have goals that would challenge you. It's that challenge that makes the accomplishment that much better are is relevant. Relevant means that each goal should help make a significant improvement in your life. Again, let's use the make more money. Example. Whatever specific and measurable amount of money you've put down, how will that make a difference in your life If you put down a specific skill that you would like? How is that going to make it a significant improvement in your life? If you want to own something, how is owning this thing going to make a significant improvement in your life and finally t that's time bound. There should always be a due date. There should be some approximate completion date. There should be you some research and realistic timeframe, because if there isn't a due date, then it sort of doesn't really exist. Giving yourself a deadline is gonna push you more toward accomplishing that goal. So returning to question number two right somewhere between 20 to 40 items that you want to accomplish in the next 10 years. Okay, you've got the idea. Go ahead and push, pause and see how many items you can come up with. Now, I want you to take a look at all the items you've listed and assign each item in number either a one, 35 or 10. These numbers represent the amount of years you expect it's going to take to accomplish each item. It's a rough estimate, so don't worry too much about the specifics yet. Still, go ahead, give them a one a three of five into 10. Okay, go for push. Pause. Now, let's do something interesting. I want you to count how many ones? Threes, fives and tens. Do you have again? Push Pause real quick. Count the number. Go. For now, if you have a larger amount to significantly larger amount of ones compared to tens, what does that tell you? It tells you you're more focused on short term goals. If you have more tens and ones and you're more focused on long term goals, if you're even across all 135 intense, that's pretty balanced, right? If you're more short term focused, maybe you want to think mawr about long term and vice versa. Next, what are your top five goals on that piece of paper? Look a all 20 to 40 and I want you to circle the top five that are most important to you. Take a minute. Push pause and do that now, looking at those five important goals that you've listed, my question to you is why are these important to you? Can you take the time and write down 1234 sentences for each of these five goals? Can you clearly state why each of these goals is important to you as clearly as possible? Right down? Why are these five goals important to you? Go for it. All right now, looking back at your answers on why there's a quote that I want you to remember it. Here it is on your screen when the why gets stronger, the how gets easier. The why whose you toward the future and that pool becomes stronger and quicker towards reaching your goals. All great accomplishments start with an idea. Imagination is the beginning of reality. So if you can clearly articulate why you want something, the stronger and the easier it's going to be for you to get to those goals. Okay, great. Congratulations. Thank you for going through this process with me. Hopefully, you've taken the time and effort to clearly and completely finish this particular workshop . It really will make a significant difference as we get into the next section and to recap what we went over, we looked at your quickly, your past accomplishments. What are you proud of? Get you stimulated to What do you want to accomplish or have in the next 10 years? And we want to make sure that those things are smart goals from there. We want to understand why specifically, why do you want to accomplish these particular goals, especially your top five? That's gonna make a significant difference As you go throughout, the strategy poured. Accomplishing those five goals. OK, now let's get ready for the next section or workshop part one, which is on goal setting season. 5. Core 1 - Setting Your Goals: Well, I hope you're getting a little bit excited about your goals because pretty soon you're going to be clear on the goals that you have for the rest of your life, and you're going to be affected because you have those goals in front of you. So let's get started with part one of our goal setting workshop. I'd like you to get your paper out again. If you don't already have it with you and get a new piece of paper, we're gonna start something fresh, more or less. So we've talked about short term goals and long term goals. Now, I want you to think about these slightly differently. Now with your short term goals, I want you to think of those as your confidence builders. As you accomplish your short term goals, they should give you more energy into focusing on your long term goals. The more success is that you have with your short term goals, they're gonna help aid you in accomplishing your long term goals which you want to refer to or think of as your dreams to be a little more specific. With short term and long term, I want you to think of short term as under five years and long term is over five years. In the previous lesson, you categorize your goals in tow 135 and 10 years. So let's lump with one and three as your short term and the five and 10 as your long term. Now there are different types of short term and long term goals. One is economic goals two or your things, the things you want to own and possess, and three is your personal development. We want to make a list of all of your short term and long term goals you can come up with on a sheet of paper. I want you to divide your list into short term and long term goals, and then we're going to break them up into these other three categories. So on that piece of paper on the left side, create a column for short term and on the right side, create a column for long term and then create an area for economic things and personal development. Now you should already have a list of, let's say, 20 to 40 items for your goals in general. Take what you wrote down on that list and transfer them over to this new piece of paper in this format. Go ahead, push, pause and work on it, and we'll come back to it later. Don't worry if it's not as complete as you're hoping we will revisit. Now let's think a little bit mawr about these goals. Let's start with your economic ALS thes air. Things like income, business, profit. How much money do you want to make? And by what date? How much money do you want to say? And by what date? And what about investing? Have you thought about that? How much money would you like to invest in by win? Go ahead, push, pause and write down your goals for today regarding your economic goals, your money goals. Did you know that only the top 5% of people make keep and update their economic goals? That should make you feel pretty good because you're on your way. Number two is things. What things do you want? What do you want to own? What do you want to possess again? Transfer the items you made earlier on your previous piece of paper onto this new piece of paper under the category of things. Press pause and make sure you've completed at his best possible. Okay, you know, it's fun as you list the major things you want to own. And by when. What's good is as you accomplish these goals, check them off. This helps get you excited. It builds momentum and increases your confidence, pushing you further toward accomplishing those long term goals. And thirdly, personal development. Now think of the person who you want to become. What skills do you need to acquire? What information do you need to have? What about you personally? How do you want to improve yourself? Maybe your habits, your personality, your health push bars and complete this section on personal development? Don't forget your short term and long term goals. Now as we think, Maura, about personal development. What about books? What books have you read recently, or are you currently reading? Think about how often do you read? Do you read books for entertainment or to improve yourself? I highly suggest make reading books a part of your goals. So what books can you think of that? You'd like to start reading? All right, push pause again. Add those to your list in personal development. Still, regarding personal development, listen to what one of the greatest experts on personal development had to say about the topic. This is a fantastic quote. Please understand it and try to live by it. It goes like you see on your screen work harder on yourself than you do on your job. Because if you work hard on your job, you'll make a living. You'll make money. You'll do okay. However, if you work hard on yourself, you can make a fortune. Quite often. You'll find that income rarely exceeds someone's personal development. That means rarely, with someone be paid more than the value they bring to a company organisation or another person. Now let's take a look at all the goals you've just listed in the categories of economic things and personal development. Take a quick look and count. How many economic goals do you have? How many thing goals do you have and how Maney personal development goals do you have? Is it fairly balanced, or do you have a lot more on one side than the other? Especially take a look at your personal development count if you don't have a lot of personal development goals. You want to maybe rethink that because it's the personal development goals that will feed the economic successes and the thing successes. And when it comes to these three categories economic things and personal development, it's good to have goals for things. But we're going to focus on economic and personal development goals because it is these goals that bring you success, real success. And once you have success, you can make your own choices on what things you want to get. And as you work on accomplishing your goals, remember that we don't always succeed at the first attempt. That's just natural. Actually, it often takes us several tries to win. So as you see some successes, and as you see, some failures don't give up. We grow from two things. The joy of winning and the pain of losing. Be happy when you win and learn from when you lose, but don't let losing to feature you, we almost lose at some point. Failure is a great teacher, and as you take a look at your goals, some may be relatively easy to accomplish, while others require time and effort. Put a check mark next to the goals that take time and effort. Plan to celebrate Once you accomplish these goals, how do you plan to celebrate when you reach some of those goals? OK, now it's time to get to our worksheet. You've put a lot of effort on your scratch paper. Now we want to transfer these ideas into a more solid form, which is your worksheet, and this worksheet is called your goal setting Worksheet. Now refer to your notes. I want you to write your goals in the order of importance to you within their categories. Again, short term goals are under five years, and long term goals were over five years. Take a moment to assign the numbers, with one being the most important and then go from there. Do this separately for short term and long term goals. Remember to make them asked M A R T goals. You're smart goal. Later, you could make copies of this worksheet and enter your goals. Or you can keep a copy of all your written goals on a piece of paper that's really up to you. So just to clarify again here we have our goal setting worksheet first we start with our short term goals, and I listed about 15 goal areas for you. If you have Mawr, just use another piece of paper or print this worksheet out again. Make sure you have your goals and their due dates here, and this is your list of importance. So short term goal number one should be the most important goal for you here and then all the way down to 15 being the least important of all of these 15 goals. And I put on Lee 10 areas because typically people have fewer long term goals than short term. If you need more space and I provided here, just print another copy. And don't forget Goal number one for long term is your highest priority Goal now, once you finish this goal setting worksheet, no matter what you do, make sure you have these written down. Make sure you have your goals on a piece of paper, whether it's your own paper or this worksheet, and put it somewhere visible where you can see it every day. That way, it's always in the back of your mind. It's always present, so you're always conscious of working on those goals. Okay, lady and gentlemen, I know it's a lot of work, but this is really the hardest lesson in all 12 of these core lessons, and it's also really important that you take the time to go through the these steps and complete them is best possible. So let's recount what we went over in this particular lesson when we talked about economic goals where the money goals, the monetary goals that you want to the thing goals, those things that you want to own and possess, and their personal development, those things where you want to become a better person tomorrow than you are today. Four. Don't forget to grow from your experiences, especially your failures. Failures make you stronger and they prepare you for future successes. Five. Make sure you celebrate life isn't worth living unless you have fun, right? So when you do succeed, celebrate do something special and finally keep your goals visible. You've got to see him. Number one. You've got to write them down and to you've gotta post them somewhere that you could always look at. Great. We've done a lot of work here. We still have a little bit more to Dio, so let's get ready for the next section are Workshop Part two, which is based on goal strategy 6. Core 1 - Setting Your Strategy: So now you understand your goals. You set your goals. The next thing we need to do is get you a strategy to actually reach your goals. And that's this lesson. I have a question for you. What is the formula for successful goals? It's a plus. B equals success. So what do you think A and B are? Well, I'll just show you a is right, your goals down plus B, which is work on your goals regularly. So congratulations, you've already written your goals down. That was our previous exercise. The next thing you need to do is work on those goals and not only work on those goals, you want to do it. As I said earlier, you want to do it regularly. So in order to work on your goals, you need did a strategy. What is his strategy? Well, it's pretty simple. Let's say you've got your idea and you have your set of goals to reach your idea. Your result. So you want to go from idea two results? What do you need? A bridge and that bridge is essentially your strategy, and after all, a goal without a strategy is just to dream nothing more. So you need that strategy, and when you're ready to work on that strategy, you want to reach your goal. To create a strategy, you need to break down your goal into certain steps. Let's say baby goals, and one will proceed the other so you have an order of accomplishment, and these smaller parts are clear and realistic steps to get you toward finishing that goal toward your results. For example, let's say you have a short term goal. I'm going to choose opening of business now, in order to open a business, what do you need to dio? Well, you probably need to do some research and then let's say you write a business plan. From there. You go to the bank and get alone. And with that money, you're able to buy or rent your space and by everything that you need and get things organized. And then when you're ready to open a business, you can market your business for its grand opening. And then today you're a business owner with a functioning business. Let's say you have a long term goal, for example, become CEO. Okay, great. That's ambitious. What steps do you need to become a CEO. Well, the general steps might include number one. Get your degree. It's not always necessary, but it gives you an advantage. Then you get your position at the company of your choosing. Hopefully, from there you gain experience over the years and get promoted regularly on the fast track towards success. And from there you want to make yourself valuable, indispensable, and you have a much better shot at becoming CEO. So what I want you to dio, I would like you to look at your previous paper, your goal setting worksheet. Now you have a list of your short term and long term goals. Take a look at your short term goals and choose one of your top five short term goals. I want you to work on one of those from there. I want you to identify the major steps from start to finish in order for you to get that result to accomplish that goal, let me give you two more examples. Let's say you want to become a Pilates instructor will take a look at all of these steps. These major steps that it takes to get success in this field number one. Decide the type of instructor you want to be, too. Certification. 345678 Continuing education Now you need to identify, not Onley those steps involved. But you need to also have a good understanding of the time it's going to take for you to accomplish each of these. Let's go to another example. Let's say self publish your own book. They're more steps possibly involved in maybe more time involved. Number one. Write the book Well, there are a lot of steps just inside that major step right that could take a year. And the rest of them, maybe a little bit less time. But overall, it could take quite a chunk of time, right? But you've identified the steps you need to take and the time required to do so. So let's get out your next worksheet and that work. She is titled Your Goal Strategy Worksheet. What I want you to do is again choose that one short term goal. You're going to create a strategy four. Then do your research research. The steps involved fill in major steps, maybe any many steps as well and the time required, and this is gonna take a little bit of time. So do this for homework. Let's take a closer look at your gold strategy worksheet. So here we are. Put your name and your date, but more importantly, here you will put your specific goal title. And remember, you've got a due date for this. Put in that due date here, list the major steps number one, number two, number three and so on and then maybe break it down into smaller steps. Many steps A, B and C. And, of course, don't forget the completion times here with a total time. Once you've gone through that process, you'll have a much clearer idea of amount of time. It's going to take for you to complete all of your major steps, and there's something I want you to keep in mind as you progress throughout these 12 core lessons. As we cover future lessons in this course, you might want to modify your goals. New ideas will pop up. Maybe new goals will surface. That's OK. Remember, Goal setting is always a work in progress, so get excited about modifying your goals now and in the future, and I have a personal challenge for you. If you're willing to take it, how about committing to accomplish one of your short term goals? By the end of this course, this is a great opportunity to challenge yourself and really get involved. This will also serve as added motivation for you to accomplish a goal sooner than later, and you will feel fantastic having done it. So what do you think? Take that challenge. Choose a goal. Trying to finish it before you finish these 12 core lessons. Now you have a clear understanding of the bridge you need to create from your idea to your results or your goal. That's your strategy. So let's recap will be talked about. We cover the formula for successful goals, which is A and B A being. Write down your goals and be work on those regularly. We looked at how to make a strategy, how to identify the major steps in each strategy and to expect to modify your goals and your strategy as you progress in the future. And I asked you, take a personal challenge. Take my personal challenge, try to complete one of your goals before the end of these core lessons. All right, congratulations were almost done with our first core lesson. The last part is the mystery. Question answered. Get ready for that section. Coming right up. 7. Core 1 - Goals Wrap Up: so the final section of each coral lesson will end with the answer to our original mystery question. And if you recall our mystery question for this core lesson on goal setting and gold strategy, it had to do with a man named Jim Rome to remind you of the situation. Jim Rhodes Mentor Earl Show. I asked him a question when he was in his early twenties. He asked him if he had something specific about his goals, and if he didn't have this important thing than Mr Shoaf said, he could guess his bank balance within a few $100. Jim Rohn said that he actually did not have this, and Mr Shoaf was able to guess his bank balance accurately, which was not that much. Can you guess what that thing waas One important thing to Jim need tohave regarding his goals, and the answer is goals that are written down. You might have guesses already, but perhaps not. The point is, writing down your goals is crucial, and you've done that already. Keep doing it now. I've got a little homework for you, for our next lesson on time management. What I'd like you to do is fill out this time tracking worksheet I want you to plan and then record one week day of how you spend your time. Once you get out your time tracking worksheet, you'll see something that looks just like this. And what I want you to do is in this area here, this column what you planned to do, I want you to write out before your day begins. I want you to write out what you expect to do for a perfect day from 7 a.m. All the way through 7 a.m. 24 full hours now, of course, include Sleep somewhere in here right out your perfect day as best you can. And then before you start that day, keep track over here on the right call What you actually did write down what you actually did again for 24 hours. 7 a.m. Through 6 a.m. Here on the right call. You're gonna want to have this completed and ready to go for your next lesson on time management. So make sure you do it will be worthwhile. And I'd like to conclude with a lesson from a man named Seneca. Seneca was a Roman philosopher, statesman and dramatist, and his quote went like this while we teach, we learn what that means is, as you teach something, you actually learned that subject in greater depth, and I want you to try to do this with each of our 12 core lessons. This is something I would like you to think about and seriously consider. Take a moment to let Senecas quote. Here, sink in. It really is true that you become better at understanding a concept and better at putting ideas into practice if you actually take the role as the teacher, even a minor role. Scientists have called this phenomenon that protege effect and research shows that when students tutor others in the same subject, three things happen. Number one, they work harder to understand the material. They can recall it more accurately, and three, they can apply it more effectively. That's really valuable. So become a tutor of this material. Tell your brother, sister or friend about what you've learned and asked to teach them why. Well, you will learn the material and even greater detail. You will be helping someone else become a better person and helping others is one of the ingredients toe happiness. Something will touch on in greater detail in our lesson on the science of happiness. So once you finish completing this lessons, worksheets print out another copy of the goal setting worksheet and the gold strategy worksheet and help someone start working on their goals. Fantastic job. Ladies and gentlemen, you have completed your first core lesson. Now we only have 11 more to go, and it's really worth it. So make sure you stick with it and complete all core lessons. You'll be glad you did, and I'll see you for core lesson number two coming up soon. 8. Core 2 - Managing Your Time: hello and welcome to our second core lesson. And this one is all about time, specifically time management. And the title of this particular core lesson is how to get timeto work for you. Let's take a look at our quote of the day, and then we'll go through the list of what's to be expected in this lesson are quote of the day. Is this ordinary people think, merely of spending time? However great people think about using it, something to keep in mind as we progress. What will cover in this lesson is first of all, our introduction of mystery question. Then what is time management and why do it the five step process to good time management time management tips and then finally will wrap it up with the mystery question answered. So let's get into the next part. First of all, if you will recall our previous lesson on goals, you learn how to set goals and not only how to set goals, but how to set smart goals. Remember, specific, measurable, attainable Roven end time based. You also know that having goals plus a strategy is your formula for success. But how true is that Well, the truth is that good intentions just aren't enough. And I think everyone's experience this most likely you've had goals before, and you had a clear strategy. But for some reason you didn't reach those goals. And this is all too common. For example, losing weight. Most of us have wanted to lose weight or still hope to lose weight. But how often do we succeed? How often do we fail? There are a lot of reasons for this. What do you think? Why do you think a lot of people fail to lose weight and keep it off? And what about more generally, Why do you think people fail it goals in general, while Do you know when you should work on your goals? Do you know the best times toe work on your goals? Because, you know timing is crucial. Let me introduce you quickly to a man named Robert Child any or doctor child, Any doctor Robert Maldini has spent his entire career researching the science of influence , earning him an international reputation as an expert in the fields of persuasion, compliance and negotiation. So he's someone you can listen to, and he states that research shows that this disappointing success rate that we all experienced is caused mostly for two specific reasons. Number one is that we don't really recognize the best times to work on our goals. And Number two, we're quite often distracted not by normal events but unexpected events that just happened out of nowhere. And then we lose focus on our goals. And interestingly enough, he shown that there is a scientifically proven method to get around this issue, and it's rather simple. He says that by saying a specially worded quote unquote self statement, you can overcome these problems. For example, when patients were having trouble remembering to take their medication and they used these self statements, adherents rose from 55% to 79%. That's pretty significant. Furthermore, when recovering drug addicts were asked to prepare a resume to help them find a job after being released from their rehabilitation clinics, there were very impressive outcomes. Some people were asked to use this self statement, and of course there was a control group where they were not. What do you think the results were? Well, those who did use a self statement 80% remembered 80% successfully completed their resumes , however, those that did not use a self statement or were not asked to. What do you think they're percentage waas shockingly 0%. What a huge difference between the two. So this should give us an idea that this self statement has some effect. So my mystery question to you is what was this self statement that was so effective? Can you guess what it ISS keep that in mind as we progress throughout this course. Maybe you can guess. And if not, I'll let you know at the end. So let's recap what we covered on this section on or quarter lesson on time management. We came to understand that although you have goals and you have a strategy, good intentions really aren't enough. You need to know when to do your goals properly, which leads us to the next part. Recognizing the right times, you need to recognize when you should work on your goals. In addition to that, you need to be aware of unexpected events and make sure that they don't interfere with you working on those goals. Number four I mentioned that there's a certain self statement people use that really helps him overcome the problems of timing and unexpected events. And finally, it is my question to you. What do you think that self statement is okay, that completes our introduction and mystery question. Next, let's get ready to learn about what is time management and why should you be doing it? 9. Core 2 - Why is Managing Your Time Essential: So our next section is. What is it and why do it? My question to you again is what is time management and why do it? Well, let's start with the definition of time management. What is it? Well, you can probably guess, but just to be certain time management is the process of organizing and planning how to divide your time between specific activities. Good time management enables you to work smarter, not harder, so that you get more done in less time, even when time is tight and pressures high. Failing to manage your time damages your effectiveness and causes stress. It seems that there is never enough time in the day, right? But since we all get the same 24 hours, why is it that some people achieve so much mawr with their time than others? The answer lies in good time management. Overall good time management skills will help you get better grades, limit the amount of stress in your life and help you become more competitive in the workplace, especially since most others don't take the time to manage their time. So do what others are not willing to do. Manage your time, however, many systems for time management fail. You may have experienced this in the past. Many people try to squeeze as many things as possible into their schedule to be as productive as humanly possible. But most of us are not Superman or superwoman right. Our approach to time management needs to be realistic. Otherwise, you'll have too much trouble trying to keep up that you'll actually start falling behind. Then you may even completely abandon your effort or your goals, and you may just completely quit. Keep this in mind. Would adding tasks to your schedule? Keep it realistic? So remember that in order to accomplish the daily requirements that you need to get done and still be ableto work towards your goals in life and have time for yourself, you need to have a plan to manage these things With respect to the time they take and the time you have simply put, you need to manage your time regularly and keep this quote in mind. Time is more valuable than money. You can get more money, but you cannot get more time. So to wrap up this quick lesson, we defined what time management waas and we look at the reasons to manage your time effectively. One is to work smarter, not harder. The next is it will help you achieve Maurin life. And finally, we need to make sure that we're realistic, that we're not trying to squeeze too much into our schedule because remember, everyone has the same number of hours in a day. And now that you know what time management is and why you should be doing it, let's get ready for the five step process to help you manage your time most effectively. 10. Core 2 - The Five-Step T.M. Process: so now hopefully you have a better idea of the importance of time management, and you're ready to make more of a commitment to manage your time for, of course, your success. So let's get into what is called the five step time management process that will help you on your way to better results. The five step time management process is fairly simple, and it's something that you should continue to dio. First we start with goal setting, then time tracking, then on to plan making, then taking action and finally shifting and adjusting. And it repeats itself over time. First of all, gold setting. You're already really familiar with this one, aren't you? Congratulations. Now you have, ah, good understanding of setting your goals and breaking those goals into smaller goals, thus creating a strategy to complete your ultimate goal. So we really don't need to spend a lot of time or any more time on that particular subject because you already have a fairly good idea about it. Part two is time tracking. In order to better manage your time, you first should have a clear understanding of what you actually do with your time. You may be surprised how much time is spent doing things that you may not have been entirely aware of, and on things that really have little or no benefit to you. What activities might you be wasting time on a really good question to ask yourself. We want to eventually right the things that we plan to do. However, we need to first understand what we actually do. So let's spend one day being conscious of all our activities over 24 hours and make a log on how we spend that time. So I have a little bit of homework for you. I'd like you to get out your time tracking worksheet Looks like this, and I want you to put down what you plan to do and then later where you actually did. So Here's a better view of your time tracking worksheet. After this lesson, I'd like you to go in here and right down. What do you plan to do? Let's say for tomorrow. Starting 7 a.m. All throughout the rest of the next 24 hours. Now, of course, you need to put your sleep in there somewhere, too. How much sleep do you plan to get. Then on that actual day, I want you to log what you actually do throughout that day and compare the two. You might be surprised what you find. It's up to you how you interpret this worksheet. However, the idea is to eventually have your actual activities match your planned activities. This may not be possible for everyone at first, but that's OK. Just make sure you continue to make progress. Third, on our list is planned making you've probably already used various planning tools. If you're currently a student in university, you probably are using a helpful calendar that lists all your classes for each day of the week. If so, that calendar has been helpful so far, right? Good. Keep using that calendar and let's keep track of all of your other activities and responsibilities on a new calendar. As we do this, keep in mind that we're making plans that could always change. Don't be a slave to your plans. Be flexible and continue to adjust your calendar to fit your life. Life can be unpredictable. That's okay. So I have another worksheet for you. I'd like you to get out your monthly calendar and we're going to plan your month, and in the meantime, get out your goals. Strategy worksheet from our previous lesson on goals. And let's use it to start planning the rest of your month or the next month. It's up to you based on your goals. Strategy worksheet Right down due dates for items right down days or times you plan to use working on things to reach those do days on your monthly calendar. Worksheet. Get a clear sense of what you need to do for each day of the week for the entire month. And here's a closer look at your monthly calendar. So it says, after writing down your goals into a strategy, decide what things you need to be working on an accomplished for each month. Write down these items in the calendar below so that you have a clearer idea of what things you should accomplish for each day of the week for an entire month. So here we go, starting on a Sunday, ending on a Saturday and just take the time. You, of course, have to put in the numbers of the month yourself the days of the month so you can use this repeatedly. All you need to do is print it out or just use it on your computer. This could be a really helpful tool to help manage your monthly agenda, and I really suggest that you manage your day with some sort of app. Now, whether you're an iPhone user or an android user, there are all kinds of time management APS out there waiting for you, and a lot of them are free. Choose one that works best for you. I'm an apple user, and I think this is only available for Apple users as well at the Apple store here. But I like something called Summit Daily Planner right here. I use it religiously. I use it every day. And let me tell you, it has really made a difference in scheduling my to do list and keeping track of what needs to get done. So get yourself in app today. The fourth part is taking action, so you want to get to work on putting thought into action. Now that you've planned out what you do for one month, you don't have to waste time thinking about what activities to do each day you're now organized and have more direction in life, you're now much more likely to accomplish what you hope to accomplish, However, still, keep in mind that you'll probably need to adjust your goals and plans because of unexpected events or changes in your goals. Some things will take longer than planned. That's just natural, and new tasks might emerge. Distraction will also pop up. Be aware of these distractions and trying not to let them affect your progress. Remember that no one is perfect, and no plan is either. In the final stage of this process is shifting and adjusting. As you get closer to finishing your tasks, obstacles may get in the way. The's troubles could be predictable or unpredictable. They may be controllable or uncontrolled for those that are out of your control. Do what you can to get back on track as soon as possible. For those that are within your control, be forceful to stop them from hurting your progress. The more you practice stopping these obstacles, the easier it gets and let me share with you. Five. Common obstacles. Number one Getting started. There's a fear of poor results or negative evaluations that people have when beginning to begin a great way to overcome. That is, just commit to completing 10 minutes into getting started. That's really the hardest part. Then we have procrastination waiting to do something. You know. People distanced themselves from stressful activities. We don't like pain, so we try to avoid it as much as possible, and we associate these stressful activities with pain. So if you're feeling overwhelmed, just finish a few simple items first, and then you can return and start later. Motivation. Are you lacking motivation or motivated to do something else? Be mindful of what motivates you. Be mindful of motivating distracters. Talk yourself into getting motivated and you can make that little leap forward commuting. How can you use commuting time to your advantage? Well, while you're commuting, make the most of that time. If you're on a subway and you're not driving well, read something right, something down. Listen to something that's of advantage to you use that time intelligently. If you are driving, your hands aren't free, but your ears are so listen to something that's of advantage to you. You're in control here, make your commute work for you, not against you, and then time between classes. If you have blocks of time between classes, use them wisely, similarly to commuting. Planned this time in order to get other tasks out of the way that a really lower your stress, free up your time and make you more productive. So there you have it. There is the five step process to really good time management. Highly suggest that you give it a try and commit to it later. If not now. So what did we go over? We went over goal setting something you know is our lesson. Our number one lesson or first lesson hopefully have a really good idea of that by now. Two time tracking. Make sure you track what you do each day. Plan making. You gotta have a plan. If there's no plan, then you can't really implement something right. Then take action. Ideas air. Great but ideas. Air useless without action and finally shifting and adjusting. The world is complicated. Life is complicated, so things are always in flux. Things are always changing. You just got to be ready for, so don't be too concerned about when things are when obstacles come your way. Just adjust your time and adjust your plan. Okay, remember, don't forget that five step process and let's get ready for the next section of this core lesson, which is a few time management tips, and they're pretty good tips dio. 11. Core 2 - Tried and True Time Tested Tips: How would you like a few tips on how to manage your time a little bit better and I've got a special category. I have some tips from an actual Harvard graduate, so let's check out these tips. Here are a few tips to keep in mind directly from the mouth of a Harvard graduate and a successful one of that number one segment time that you work in tow Large chunks of time. Your priority should be to focus and finish tasks. This limits transition time needed for your brain to switch. Focus. So when you have a lot of things to do, ca lump them together. If you don't, then you're going to be switching your focus for one thing to another in between breaks, and this puts a little extra stress on your brain. Next, steal time and take advantage of moments when you have nothing to do, like when travelling on the subway or jogging on the treadmill. We mentioned this earlier. One of your obstacles was commuting, so when commuting used that time as efficiently as possible, but not just commuting. The example here is also jogging on the treadmill exercising. That's actually something that I do. Jogging on the treadmill is pretty boring, right? What I do is watch YouTube videos that are on subjects that interest me, subjects that will help with personal development. Can you watch any videos or listen to any podcasts? Perhaps that will stimulate your mind That will help you get things done that could help you prepare for classes. Or that can help you finish something that you've been working on. Learn things correctly the first time. Pay attention and concentrate went in class and remove distracters, such as your phone while in class. Focus. Put your phone away. Listen to the lecture. Pay attention to the material. It's a waste of time if you don't right. And if you do it right the first time, well, you're not gonna have to go back and do it again. That could be a realtor time waster. So pay attention the first time. Prioritised correctly. Don't let socializing become more important than homework and sleep during the weekdays. Do most of your socializing on the weekends. Sure you want to be social. It's an important thing in life. Social people are more successful but prioritize things. Make sure you're getting your work done during the week days and have time for fun on the weekends. And don't neglect sleep. Sleep is incredibly important not only for your productivity but also your happiness. And finally, the 80 20 rule with school. Spend most of your time on projects that will have a bigger impact on your grade. Now. The 80 20 rule means 80% of your grade may come from 20% of the work. Find out what work that is and focus on that. That is the art to prioritizing. Now I have a few bonus tips for you as well. Do not multitask. It's a myth. Ladies and gentlemen, you cannot focus on two things efficiently. At the same time, someone once said what multitasking actually is. Multitasking is doing two things poorly at the same time schedule the next day in advance. No, you want to accomplish tomorrow? Write it down, Schedule it. Put it into your time management application and you'll be ready for tomorrow. Take small breaks and make sure to properly unwind before bed. Now the brain needs breaks. It tends to lose concentration After about two hours, take a small break. Refresh yourself get a coffee, get something to eat, do something that's not task oriented. And before you go to bed, take time to relax. You probably don't want to be on your smartphone. You know what you probably should do? Read something interesting. Reading actually tends to relax the mind and body, believe it or not, for be able to say no to socializing too often or too late. Once again, be careful with your socialising. You don't want to do it too much, and you definitely don't want to do it too late, even on the weekends. Because if you do, your whole next day is ruined and number five reward yourself with accomplishing bigger goals. Remember in our goals lesson when you finish something when you reach a certain goal, celebrate, do something fun. It makes that all the more sweeter. So what do you think? Do you have any other tips to help with time management? What works best for you? Whatever you answers to these two questions, jot it down, write it down, added to the list that we've just gone over experiment with what works best for you. So there are a couple time management tips that really can help you if you use them. We briefly went over a few tips from a Harvard graduate, and I gave you a few bonus tips. Don't forget, take advantage of these. Make them work for you, and you'll be so happy that you did. So let's get ready for the next lesson. Our mystery question answer. 12. Core 2 - Time Management Wrap Up: Do you remember when I mentioned Dr Robert Chaldean E? Well, let's get into answering our mystery question and I'll remind you about this particular Dr Robert Child. Any mentioned that research shows that there's a disappointing success rate when we're working on some goals. And it has two reasons generally one not recognizing the best times to work on our goals and to being distracted by unexpected events. So what can we do about this? There's a self statement that's been scientifically proven to help overcome these two particular problems. My question to you was, what could this self statement be? Well, were you able to guess? Let's take a look at the answer. Dr. Robert Sodini mentioned that if you can make and if when, then statement and use this statement when you come across these two obstacles, it has a profound effect on helping you accomplish your goals. What the's if when then statements actually do is help you identify cues around your goals , and it helps you get ready to take action when we come across these obstacles, for example, losing weight. If you use this self statement if or when I want a snack at night. Then I'll eat fruit. Your success rates go up. Or, for example, if when I don't feel like exercising, then I'll remember that the hardest part is showing up to the gym. The's self statements could make it much easier to actually get to the gym and exercise again. These statements are designed to put us on high alert for a particular time or situations when a productive action can be performed. We first noticed these favorable times and then later associate, then actions with those situations, making them become closer toe habits over time. Take a look at your goals. What, are you having? Some problems accomplishing? Is it losing weight or something similar? Can you come up with some? If when Then statements for yourself. Push, pause and try and create one of these statements. Go ahead, give it a try. Okay. I have a little bit of homework for you. For our next lesson. Personal finance. What I'd like you to do is find your weekly expense tracker worksheet. And I want you to track your spending for the next week, list your expenses over that next week. So this is what your weekly expense tracker looks like we've got one week Monday through Sunday. Now you might not have enough items in here. Items space. That's okay. Work with it as best possible. List the expenses that you actually incur over the next week, starting with whatever day you're on list. Those expenses make notes in this area here and then the amount once a week is up. Go ahead and give it a total amount spent. We're gonna need to use this worksheet to help you on our next core lesson on personal finances and use an application to help you keep track of not only spending over the next week, but for the future. Search Google for the best budgeting application of the year. Using an app can really make a difference. So give it a try. Download one today and don't forget become a teacher. Is there someone that's having trouble reaching their goals that you know of a family member or a friend? Is someone having trouble with managing their time? Use what you've learned over this lesson in the previous lesson on goals, and who knows you could help change someone's life. Okay, lets conclude this lesson on time management and get ready for the next lesson. The third lesson, which is pretty interesting on personal finance 13. Core 3 - Controlling Your Finances: hi and welcome to our third lesson in our course. This core lesson is about your personal finances and how to control your money and not let money control you. I'd like to start off as usual. Our quote of the day, which is personal finance, is 80% behavior and 20% knowledge. What does that mean? It means that you don't really need to know the details. The fundamentals necessarily of finance per se. However, you just need to know Ah, few basics on how to behave, what to do in certain situations so that your money grows. This core lesson is going to start out as usual with our introduction and mystery question . Then we'll move on to why learn money management and why learn about how to control your personal finances? Next will go on to personal budgeting. We'll talk about the core basics about how to budget, and I'll provide you a Budget Excel spreadsheet so you can start the process and get a feel on how to actually create and use a budget for yourself. Then we'll talk about savings, your options for savings and what strategy maybe you should take, which is of course up to you, then we'll go into what I like to call an investing eye opener. And as you might know it, eye Opener is something that gets you interested in. Maybe there's a little bit of a wow factor, something that you didn't know. Hopefully, something that will maybe motivate you to start saving and perhaps investing and finally will wrap things up with the mystery question. Answer. So I'd like to begin by introducing you to a pretty famous book. It's called The Richest Man in Battle On. And if you look up here in the top left hand corner here, it says more than two million books sold. That should give you an idea of the success of this particular book. And what I like about this book is that this book covers a Siris of short stories that take place in and around the city of Babylon, the ancient city of Babylon, which is considered the richest city in biblical history. The book teaches strength Ford lessons that attempt to show that the secrets of wealth building or unchanging and remains still applicability today, even though they were once used in history. While none of the concepts are likely to be earth shattering for you. They do encapsulate the fundamentals that are the basics to money management and personal finance. So the question that I want to ask you is, What do you think are some of the best ways to build your wealth and what are you doing now ? Or what have you been doing to control your personal assets, your personal income, and build well for the future? One of the most interesting sections of this book talks about what are considered the Five Rules of Gold, and we'll get into all five of these at the end of this core lesson. But I want to start by introducing Rule Number one, which is called Pay Yourself First and I'm curious. Can you guess what pay yourself first means? Keep that in mind as we go throughout the lesson. Try to answer that question as we progress and you'll notice around the midsection of this core lesson. I'll bring up the first rule of pay yourself first and explain what it actually is. Keep in mind what could pay yourself first, actually mean and do you think you've done that or are doing it. And what do you think might be the other four? Rules of gold? Okay, with that in mind, let's go ahead and go on to the next section. Why should you be interested in personal finances and money management? 14. Core 3 - Why Master Your Finances: So why should money management and personal finances be interesting to you? Well, have you ever questioned why doesn't university teach money management and why usually at home do parents not teach the basics and fundamentals and or the details? Of course, of personal finances, this is an interesting question to ask. Have you learned any particular classes on personal finance in university or or high school or in school? Generally? And how about your parents? Have they really sat down and talked to you about how to control your personal finances for the future? Well, if not, why not? It's so important, isn't it? Well, schools tend to mostly teach subjects related to students majors. Schools also seem to think that this is a personal choice and the responsibility of the parents. That's a mistake. Homes either don't know what to teach. Don't take the time to teach or feel that that the topic of money is taboo. That's also a mistake. Whatever the reasons are, it is still undeniable that being able to manage personal finances is crucial to a person success. So how does learning, money management and personal finance help you? Number one reduce stress and conflict, struggling to pay the bills, not having enough money at the end of the month, Not having enough money to pay for the things you need and want can really be stressful. And once you're married, stressing out about money could lead to even more problems with the relationship. Mary Couples have even reported that the number one cause of arguments, believe it or not, is money. People even get divorced because of money issues. Furthermore, financial problems can lead to health problems such as migraine headaches, cardiovascular disease and insomnia. Getting control of your finances and creating a surplus rather than a shortage of money can potentially prevent these problems. So wouldn't you want to prevent these problems and reduce stress and conflict in your life ? And how about a home home's air? Huge expenses and the vast majority of people need to get a loan in order to purchase a house or apartment. Getting alone requires a down payment. This means you must have already had a fairly large amount of cash, ready to give the bank in order to get that loan for your home. The number is typically over 5%. You do the math In addition to the loan, there are several other fees that are included, too. So at another 5% to that number, minimize death. One of your goals should be to have as a little debt as possible. Debt is money that you must pay someone else, usually on a monthly basis. So what could these include? Student loans? Ah, home mortgage. A car credit card debt. If you have too much debt than it could be impossible to save money and you could become even greater in death. This is a horrible situation to be in and imagine. If you're in this situation and an emergency happens, there's some unexpected event. How are you gonna pay for experts say that you should have around $1000 minimum saved specifically for these times because it's not that if they'll happen, it's when they're gonna happen. So be ready for emergencies. Yes, it's not a matter. As I just said, if an emergency is going to happen, it's a matter of when one will happen. You need to be ready with that $1000. Maybe you should add this to your future financial goal on your goals worksheet. What do you think emergencies may include sickness in the family, where you need to help or you may need to stay in the hospital for your own illness or you could get in a car accident, so there are dozens of possibilities that you want to be prepared for and be ready for opportunities when they arrived. Opportunities come and go, but not that often. If you're not ready or able to take advantage of a great opportunity when it comes, then you may never see that opportunity come again. This could be an amazing investment opportunity. Perhaps the home of your dreams is available at a fantastic price, but only for a short time will you be able to buy. It's hard to predict what opportunities may present themselves, but you want to be ready when they dio. If you miss that opportunity, then you're stuck where you are. Instead of going forward toward a better life, make more money with your money. One of the amazing things about having money is that your savings and investments can make you even more money. Have you ever heard the phrase it takes money to make money, and you probably have well It's true. In many ways the cash you save could be used as your own little employees who work hard for you to create more cash for you. And then that builds upon itself. That's the beauty of investing. It's a really benefit to learn the basics of investing stocks, bonds, mutual funds, investment funds. So get ready to make your money work for you. Have your money, help you live a happier life, and having control of your money will help you live a happier and more fulfilling life. There are many ingredients, the happiness, but being rich in having money really isn't one of those, however, having enough money to prevent problems enough to build a meaningful life in relationship with family and friends enough to take care of others and help family enough to grab opportunities when they come and enough to grow in life are some of the ingredients to a happy life and, finally, financial independence. Financial independence is what everyone looks for. Does this mean be rich? Well, the true meaning is having enough money to live comfortably safely and have enough to get the things that you want to have enough money to be free. Let's say this could mean being able to take a vacation when and where you want being able to help family members when needed. Being able to start a business, being able to leave your job and find a better one if needed, and not to worry about the costs while making that transition. Being able to invest in opportunities like we just mentioned having enough money and future income to easily retire when it's time. So why learned personal finance? Why Learned money management? It's simple, and there are a lot of good reasons. Number one. Reduce stress and conflict to be able to afford the home that you want. Three. Minimize hopefully, eliminate any debt. Be ready for emergencies because you know they're going to happen. Eventually. Take advantage of opportunities. Don't let opportunities pass you by. Make more money. Use your money to put into investments so that builds upon itself and makes even more money for you. Live happier life because you don't need to be rich to be happy. But you do need to have the basics and be prepared for opportunities and emergencies and finally to be financially independent to be free. So having said these eight parts on why to learn money management, let's go on to our next section 15. Core 3 - The Art of Budgeting: so our next section in personal finance and money management is creating a personal budget for yourself now. You may or may not have already used a personal budget, and you may or may not already know how to. But if you haven't been using one, it's really important that you start now because using Ah personal budget on a regular basis really is the first step to gaining control on your personal finances. So this relief sets the foundation for your own personal finance. But before we get there to work sheets that you're going to need to use that hopefully you've already completed prior to this lesson. Do you remember lesson number one on goal setting? If you can get out your work, she titled Goal Setting Worksheet. I'd like you to identify any economic or financial goals there on that worksheet, so scroll through the worksheet and circle any of your goals that happen to be money related. Then I'd like you to consider. Are there any additional financial goals that maybe have popped up in your mind that you haven't thought about since the previous goal? Setting lesson? If so, right? A couple quick notes and on this goal worksheet and make sure that you classify in the additions into 135 or 10 year goal projections. Next, go ahead and get out some paper and pen. We're gonna need to write a few things down. First, let's go over three particular things I want you to consider quickly. Those are what are your current sources of income. You probably have one, but who knows? You maybe have more than one. What do your spending habits? What do you like to spend your money on these days? And let's take a general look at all of your expenses, including necessities and including just the things you like to spend money on for an entire month's period. First of all, what are your current sources of income? That just means what money is going into your pocket list those different sources on piece of paper. Now do you have a part time job? You have a full time job. Do you get any money from parents or from any other source? And along with those sources, list the monthly amount that you get from each now? If it varies month to month, go ahead and put down an average. Next, I'd like you to get out your weekly expense tracker up here. I asked you to track yourself over any given week. I wanted you to put in the expenses that you have incurred for each day of the week Monday through Sunday. Get that out and let's take a look at as you scroll through it. Do you notice any patterns of spending, which expenses do really need? Which expenses would you consider essential that you really can't do it out? Take a moment, look at those expenses and make a note somewhere. You can either make a note on the right or left, but identify those clearly those expenses that are necessary, what should be left over or what you would consider unnecessary. Now take a close look at those considerably unnecessary expenses. How much do you really need those? Do you think that you could possibly do without those expenses or minimize them in some way ? That should be one of your goals Now is to somehow minimize or just completely get rid of these unnecessary expenses. Although, of course you want to keep some because what's the fun in life without having some fun, right? Next, I want you to be able to identify and list on that piece of paper all of your expenses for a month. In essence, this is the money out of your pocket. Try to list each one is best possible. And don't worry. Later, you might think of a fume or and just add them to your list. Include the items that are on your weekly expense tracker and any other items that are not on there. Because, of course, you probably have mawr expenses that you didn't incur over that last week. By now, you should have a pretty clear idea of all of your sources of income and a pretty a clear idea of all of your expenses for any given month. Next, what I want you to do is get out the Excel spreadsheet that I've supplied for you. It's your personal monthly budget Excel spreadsheet. Look, something like this, what I want you to do is take the time and fill this out as best possible. Put in your income list as many expenses as you possibly can. Now, if there any line items on the left that aren't there, but you want to put in. Go ahead, change the Excel spreadsheet and finally, at the bottom, we're going to see what's the difference between your income and your expenses. And what's the difference between your expectations and your actual spending? Let's do some of this together, so you better understand this particular worksheet. I've opened up my copy of my personal monthly budget. Now it's blank because I'm gonna go ahead with you and try and fill in some of the categories. Let's work with income first. Now, assuming that you're a university student with a part time job just for demonstration purposes, let's assume that you are making about $30,000 a year from a part time job. You're working hard to pay your bills and save money, so that's about 2000 $500 per month. Do you get any money from your parents? What say you're lucky and you get 500 per month? Congratulations. Now, I'm not going to put anything else in here. If this applies to you, go ahead and fill in these sources of income for yourself. We're gonna assume now that this particular person is making $3000 per month not bad, especially for a student. What about expenses? Maybe you don't need to pay for tuition. Perhaps you're lucky enough to have a parent pay for it. Um, let's go down to some obvious stuff. Maybe you need to pay my rent. Let's say $300 for rent and you have credit card payments. You know who doesn't? Let's do another $300 for credit cards. Ah, food. $200 per month. Loan payments? Maybe not. Computer equipment, Dorm books. Maybe, Maybe not. Let's see, Let's go down to your phone bill. How about $50 a month? Maybe you have a car, Let's say $300 a month fuel, $50 a month. Unhealthy habits. You know, entertainment. Let's have a little bit of fun. Let's go. $100 a month and unhealthy habits. I don't know what those are. It depends on you. Let's say $100 a month. Maybe you need to buy a few gifts every once a while $50 a month. You want to buy some clothes? Let's do $50 a month laundry, $25 a month and savings. And this is important. You want to put money into savings. It's crucial we'll talk about that pretty soon. So let's say $200 a month. Okay, lets go back up. Maybe we have a few more expenses to make this a little more realistic. Let's say school supplies $50 a month. Groceries. $100. Month cleaning supplies, among other things. $50 a month. Utilities $100 Month. Internet, $50 a month. Travel. Who knows where, Ah, $100 a month, $25 a month on average car repairs. That's put in just in case for emergencies, $25 a month. You're gonna get sick every once a while, let's just say $25 a month and let's leave it that. So if we compare our total income $3000 coming into our pockets and then our expenses are projected expenses $2250 per month, we end up with extra money about $750 per month. This is our projected income. This is our budget now, realistic or unrealistic, that will depend on your own situation. Now that you have your projected amount, you'll go through the actual month and put down. How much did you actually make? Maybe you didn't get to work as much. Maybe there are a few issues. 2000. But we can still depend on good old mom and dad, right? So let's put in 500. Now we're at 2500. Is the actual amount we made for? Let's say this was in January, but your expenses really could change quite easily from your expected amounts. What we do. Maybe housing rent is going to stay the same credit card payments. Maybe you had to purchase something bigger, so let's K 400. Maybe you're hungrier than usual in the month of January and you did extra stuff. You spent a little extra money. You spend more in school supplies. Groceries was more than expected. Housing supplies was about Same utilities went up because it's cold. You had to put on the heat 150 your phone bill. You talked a lot. Let's say 70 Internet. It's about the same. You traveled a little bit more because it's the holidays. That's a 250. That's a lot. Car payment is still the same. Car insurance is the same. Car repairs. Maybe had an issue with your tires, you had to put down some extra money on a new set of tires. $500? Oh, no, that's that emergency. I was talking about earlier fuel. Let's say, because you're traveling a little bit more of ST 100 entertainment was about the same unhealthy habits about the same Maybe medicine. You're lucky or you were. You felt great. You didn't have to buy any medicine. No doctor visits gifts. It's the holidays. A little bit more clothing. Zero You didn't spend any because you're already buying other people's gifts. Laundry. You got to stay clean. Let's say about the same. And we always gotta put in at least $200. So now, comparing our projected to our actual mount. Now we're 700 twin dollars in the hole. We've spent too much. Maybe we have credit card debt. This is the purpose of creating a budget. As you create a budget, you're going to be able to better control your expenses based on your expectation of income . That way you don't get deeper into debt and you're still able to transfer money to your savings and investments. So this is a really crucial spreadsheet toe have make sure that you take the time to understand it won't take you very long at all. But take the time to put in the right line items for your income and your expenses so that you can have better control over your personal finances. So now that you have a better idea of your income and your expenses, fill out this personal monthly budget and continue to do so on a regular basis. Go ahead and make this homework for yourself. You'll appreciate that you took the time and effort to do so. So to recap this particular lesson, we've been able to identify your economic goals. You were able to identify money going in and going out of your pocket. You're able to identify spending habits and things that are necessary and unnecessary. You can now adjust your expenses to reflect your economic goals. You can minimise unnecessary expenses, and, most importantly, you're able to control all of this to your own personal budget. So that does it for this lesson. Let's get ready for the next one savings strategy 16. Core 3 - Savings Strategy: Okay. The next section in this particular core lesson on personal finance is saving strategy. What should you be doing with the money that you're saving? And what do you think is the best approach to go about saving your money? So the first question I have for you is how much should you be setting and how often do you think you should do it Once a month, every paycheck Once a year, I'd like to introduce you to a quote that I thought had a fair amount of impact. My first read it, and it goes like this. Poor people spend their money and save what is left. Rich people save their money and spend what is left. Now it might seem obvious that this is an important thing to do. It's unfortunate that people will go ahead and spend their money and then won't really consider saving until they've gone through all of their expenses. And quite often there's nothing really left over because people tend toe live or spend at their means or above their means, which means people will usually spend as much money as they have or even spend more money than they have which is through the use of credit cards. However, what you really want to be doing is saving money first, and then using your personal budget, you'll be able to spend what is left over on the necessary items and then possibly on other items, that arm or for fun and entertainment. So take the advice of the rich. You want to save your money first and then spend what's left over. So let's go back to the Five Rules of Gold in the book. The Richest Man in Battle on earlier, I asked you to try and guess what does pay yourself first really mean The first law out of the Five Rules of Gold goes like this. Save no less than 10% of your income. Put it away before you pay any expense. What that means is on payday, very moment, the very day that you get paid from your job, take 10% minimum and put it into a savings account, or put it somewhere that you will not touch it or, better yet, cannot touch it. Make note. Do not ever pay bills or other expenses. First, it might seem impossible to do for some people because they think they can't afford it. However, everyone is able to fairly easily adjust to living with a little less each month. And you will be so happy to see how quickly your savings increase as a months progress. Kind of an obvious answer to this question. When should you start saving 10% or more? When should you start paying yourself first? All right, give yourself a round of applause. You probably guessed now is the best time to start. Now that you have a clear understanding of the first rule of gold, pay yourself first. What do you think you should dio? How about take a moment, look at your goals, worksheet and adjust any financial goals, Perhaps adjust your savings goals. And now that you know how to use a personal budget and you have an Excel spreadsheet, maybe keep in mind the line item at the bottom for personal savings, how much money are you going to contribute to your savings and next? What should you dio with the money you save? Actually, this is a question that we're gonna answer in our next section. But I want you to start thinking of this What would you do with the money that you say? Did you put it in a piggy bank? Should you put it in a savings account, Should you invest well, Answer that question soon to recap our savings strategies lesson. Now we know mawr of the importance of having a savings strategy. Remember, don't do it. The poor do do with the rich to say first. Spend later. Take heed of the first rule of gold. Pay yourself first and how much. What's the minimum? You should pay yourself first. Each time you get income, make sure it's a minimum of 10%. Okay, that wraps things up. Let's get ready for the next lesson. Investing eye opener. 17. Core 3 - Investment Eye-Opener: Welcome to the next section. Investing eye opener. So previously I asked you a question. What should you do with the money you save? Would you keep your money in a piggy bank under your mattress? In a bank? In the stock market? What would you dio? What about investing? Do you already have any particular investments? And what have you invested in before we go further with investing? I have a question for you. It's referred to as of the magic Penny. Let's say you have a choice. Two choices. Actually, Choice number one is just take $2 million. Imagine Right now you could take $2 million do with it as you choose or take the Magic Penny. And this Manja Penny does something special. What it does is it doubles its value every day for 30 days. Well, of course there's got to be a catch, right. Why would we call it the Magic Penny? Well, if we took that penny and double that every day for 30 days, the value would come out to be over $10.7 million. Definitely better than $2 million Right? This example is an illustration of something called compound interest. Wikipedia defines compound interest as the addition of interest to the principle sum of a loan or deposit or, in other words, interest on interest. Which means if you invest money into something, you expect a rate of return. Let's say 5% as time goes by and you make interest on your investment. You also start to make interest on that interest, and it just gets bigger and bigger as time goes by, Well, Warren Buffet, with an estimated net worth of over $76 billion someone who is unquestionably one of the most successful investors in history said that his wealth comes from a combination of three things living in America, some lucky jeans and compound interest. Sure, America's great because it's considered the land of opportunity. And, yeah, DNA has something to say. His personality is very investment driven, but number three what? I want you to focus on his compound interest. It's compound interest that made his money make money, and Albert Einstein had something to say about compound interest to, he said. It's the eighth wonder of the world and more specifically, and take note, quote He who understands it earns it. He who doesn't pays it. If you don't take advantage of investment opportunities, you may end up paying interest instead of earning it. Let's go through one more scenario, and I really quite like this one. Let's suppose that there are two friends who just graduated high school and have entered a university. We'll call them Jake and Katie, about 19 years old. Each, although friends, they decide to take two different paths regarding finance. Katie decides she'll get a part time job and invest about $2000 every year from the age of 19 to 26 earning a compound interest rate of about 12%. Once she's 26 she stops completely and her investment continues to make. Money continues to make interest in compound. On the other hand, we have Jake. Jake decides not to invest anything at all. Instead, he wants to enjoy his time in university. After he graduates, he gets a job. Then he decides to start investing. At the age of 27. He does. The same thing is Katy did. He invests $2000 a year and continues to do that for another 39 years. Once Jake and Katie are retirement age around 66 they reap the rewards of their investment . At this point, Jake has invested a total of $78,000 over a 39 year period, and Katie, on the other hand, invested a total of $16,000 over an eight year period. Although she did start seven years earlier. Once they're 66 years old, what do you think? The differences between the gains they've made through these investments? Katie has made a whopping two point to a $1,000,000 at this point. How about Jake Onley? 1.5 million? That's a stark contrast, and that's the power of compound interest. And in order to understand a little bit more about compound interest, you want to understand the two types of interest. There is simple and compound, and both are available in investments. Simple interest is a fixed rate. Let's say you have $100 and 8% interest, no matter what. Over time, you're going to make $8 on that investment every year. However, with compound interest, you'll make $8 the first year, and then you'll make another 8% on the $108 you had the second year, and it continues to grow, so that's a no brainer, right? You want to go with compound interest to make it a little clear? Let's look at a few examples between simple interest and compound interest, and here we're going to invest $10,000 in simple interests and $10,000 in compound interest . Both of these, at the same rate of 8% here in year one from $10,000 we get $800 return with $10,800 at the end of your one. We have the same thing over here in the first year with compound interest. But beginning in year, two things start to change. The difference is, although in simple interest, we still get the same rate of return 808 108 100 every year. What changes is we're making interest on our interest with compound interest notice. The first year's return is $800 the 2nd 864 the 933 in 1008 and it just continues. Imagine doing that over 20 or 30 years. Imagine continually re investing money. So where should you invest the bank, the stock market well, the two most common places to put your money that have compound interest, our banks and the stock market. Which one do you think is considered the best option in the bank? You have other options, such as checking accounts, savings account money market account and certificates of deposit, respectively. Usually, a checking account will be 0.5% as well. A savings account money market is twice that at 1% and a certificate of deposit is a full 1%. Not bad, right? Well, let's look at the stock market. On average. In America, at least, the stock market returns 8 to 10% per year. However, banks do guarantee these interest rates, so if you really want to play it safe, put your money in the bank. However, the stock market may have an average 8 to 10% per year return, but it's not guaranteed. It really depends on the economy and how things were going. However, over the long term, the chances are you'll get that 8 to 10% return, so bank or stock market well tell you what the rich don't keep their money in the bank. There's a calculation. Or let's say there's a financial trick called the Rule of 72 this helps you understand the difference between 3% 4%. 5% return because there's just sort of numbers, right? Well, the rule helps you understand how long it's going to take for your money to double with compound interest, and it's a simple equation. Simply divide 72 by the interest rate. For example, if the interest rate is eight, it's 72 divided by eight. So where to invest? Banker Stock Market? Well, let's take another look at the chuck ings savings, money market and certificates of deposit. How long will it take for you to double your money checking and savings account? 1440 years? That's kind of a long time. Take care of yourself. Money market account. 720 years. Still a huge amount of time. Certificate of deposit. 72 years. You might make it long enough to see your money double, but what about the stock market? Let's take the 8% divide 72 by eight, and how many years will it take? Onley nine years to double your money again. What would you choose? So I have the same question for you as earlier. When should you start investing? Yes, you guessed it right now. Take your money. Put it into something that you trust. That you've done your homework and that earns compound interest. Now, I'm not here to give you advice on exactly where to put your money. So I suggest do a little research. You confined indexes, mutual funds. Other investments that earn compound interest in are considered relatively safe. So the next time you have some free time Google investments that earn compound interest and go from there. So to recap this lesson investing eye opener we took a look that should you save or invest investors? Probably the wisest choice. We explained the difference between compound interest and simple interest. Of course, compound is the way to go. We look at the differences of compound interest in banks and the stock market. We took a look at the rule of 72. This simple trick. This simple equation will help you understand how long it should take for you to double your money. And we answer the question. When should you start investing now? Great. That's it for this lesson. Let's get ready for the final section of this core lesson. Mystery question answer. 18. Core 3 - Personal Finance Wrap Up: here we are at the end of our core lesson on personal finance, and we're going to end as usual with mystery. Question answered. Now, if you'll recall, I asked you earlier to think about the Five Rules of Gold. I gave him the first, but I was curious if you could guess any of the other four. And I'm sure you remember that the first rule of gold was pay yourself first. Here a person should save at least 10% other income for the future, which means every time you get paid, every time you get a check from your job, take 10% minimum and put it into savings or invest it. So what are the other four? Well, number two is investor money in a way that your money will simply make more money. We just talked about this. Can you guess compound interest here? You put your money into an investment that earns compound interest and the money you make on interests will start making interest. You have a snowball effect. Essentially number three Onley. Take investment advice from those considered professionals in the field. I'm not a financial professional. However, the rules of gold here or not mine, but those that have been passed down over the years by professionals. These rules are timeless. And when it comes to the point where you're seriously thinking about investing in something , don't rely on advice from family. Don't rely on advice from friends. It's good toe. Listen to them. But when it comes down to actually making a decision, unless your family or friends or professionals seek out the advice of a financial professional now the last two rules are things not to dio number four. Do not invest in areas that you're not familiar with or not approved by a professional in the field. If you don't understand the tech industry, maybe don't invest in it. If you don't understand the oil and gas industry, maybe don't invest in it unless you do your homework. Perhaps a good example of something that you are familiar with is Coca Cola. The world is familiar with Coca Cola products, and these products probably aren't going anywhere, so they seem to be a pretty safe bet. Maybe take some time and learn more about Coca Cola Company and number five. Never invest in something that promises incredible returns far greater than average and never invest in something when pressure to do so by someone else. The first thing that comes to mind here for me is Bitcoin. Everybody was jumping on the bandwagon, expecting to make huge gains while watching Bitcoin continuously rise and what happened? Boom, Bust. Most people who invested in Bitcoin and other similar things probably were not obeying rules four and five Remember the old saying, If it seems too good to be true, it probably is. Guard your money and Onley put it into investments that you're comfortable with and have a decent level of understanding about. So keep in mind these five rules of gold. If you follow these throughout the rest of your lifetime, you're definitely well on your way toward building wealth. And don't forget, become a teacher. Take what you've learned here today and pass it along to family and friends. Perhaps help someone with their personal budget go over the Excel file with them. Teach someone about compound interest. Tell someone this story about Jake and Katie and the difference from investing when you're 19 compared to 27 regarding compound interests. Have funds spark a conversation on investing in general, who knows? As you become the teacher, you might also learn mawr. Okay, ladies and gentlemen, I really hope that what you learned in this lesson is of value to you and that you're able to take it and build your wealth as the years progress. Don't forget to continually update your goal sheet and continually update your budget. Take care and see you for the next lesson. 19. Core 4 - Continuous Personal Development: hello and welcome to the next core lesson titled Continuous Personal Development. Increasing the Value of You. As you can guess. The main purpose of this core lesson is personal development, not just personal development, but continued personal development. So let's start off with our daily quote. Education doesn't cease when you leave the university. Education is a lifetime process, and now you need to become self educated. Which means, of course, we put in a lot of time getting an education in high school and university. But a lot of people tend to abandon their education once they graduate university, and that's a mistake when you want to do is continue to develop yourself so that you become better tomorrow than you are today. And that will help solidify a successful position for you in your career as time progresses , especially compared to the competition around you. So today we're going to start off with our introduction and mystery question as usual. Then we'll go into and sort of define what is continuous personal development and why should you do it? Then we'll look at the three parts to continuous personal development, which include number one, your attitude and your philosophy. Number two, the physical, your health and your appearance. And number three, the mental continuously building your brain and finally will get to the answer of the mystery question. So let's go to our mystery question. Take a look at the people in this photo. How many of these people can you identify my name? Take a moment and guess, Let's start from the top left and make our way down to the bottom Right in the top left, we have Will Smith, then Thomas Edison, Benjamin Franklin, J. K. Rowling, Frederick Douglass, Oprah Winfrey, Malcolm X, Nikola Tesla, Warren Buffett, Mark Cuban, Bill Gates, Barack Obama, Ikhwan you, Madeleine Albright and Winston Churchill. So my question to you today is, what do all of these people have specifically in common regarding continuous personal development? They all attribute doing the same thing as a major cause for their success and continue success. What could that one thing be? Keep that in my try to guess as we progress throughout this core lesson, and if you listen carefully, you might be able to get the answer correct. The answer to this question gives additional benefits to just success and those include improved focus and concentration. A 2009 studies showed that this is the most effective way to reduce stress. It only took an average of six minutes toe lower the heart rate and muscle tension after starting this particular exercise, and it can slow down the process of dementia and Alzheimer's disease. This sounds fantastic, doesn't it? So what could this one thing be? Keep that in mind. What we've looked at just now and continuous personal development is that number one that a lot of successful people share one particular thing in common that was a major contributor to their success and that this particular thing has some interesting additional benefits. So try to guess as we progress throughout this lesson. Okay, so let's go on to the next part. What is continuous personal development and why should you be doing it? 20. Core 4 - What is It and Why Is It Important: welcome back to the next section of continuous personal development here. We're going to talk about what is continuous personal development, and why should you do it, and how will it affect you in life and your career? So what is continuous personal development? Well, it's defined as the conscious pursuit of personal growth. By expanding self awareness and knowledge and improving personal skills, I'd like you to take personal note of these three things. It's expanding your awareness and specifically awareness of yourself. It's expanding your knowledge base learning mawr in several areas, and it's improving your skill set, which in turn makes you more valuable in the marketplace. So keeping that in mind, why is continuous personal development important for you? Well, let's look at a couple of reasons. One. It develops your strength. You are put on a path that leads from being good at something to being great at something. You also learn new skills that become tools you have for the future, And these tools can come in hand in ways you may never have predicted. Confidence becoming better of what you already do and develop B'more skills. Build more confidence and confidence leads to more accomplishments. People and organizations are attracted to. Those who have confidence and confidence helps you push further toward taking the risks you need to take in order to find greater success. It improves your self awareness. You get to look closer at the areas of your life where you do well and those that need improvement. You get more direction in life and a better understanding of what areas you want to develop . We need to spend a portion of today getting ready for tomorrow. We need to spend a portion of this year getting ready for the next year. You need to develop the skills that make you valuable tomorrow. This all starts with personal development. And if money is remain concern in life, which I hope it isn't or doesn't continue to be for long. If you hope to be wealthy in life, you may consider this quote. Income rarely exceeds personal development. So in order to get mawr than you have today, you need to become more than you are today. And if money isn't your biggest concern, then how about getting a job? How about going further in your career? How about rising up that corporate ladder or creating and developing your own company just about wherever you go, you'll find that competition is high, so keep this in mind. Competition for a job can be huge. It isn't always that easy to get a job, and it certainly isn't always that easy to get the job you want. Continued personal development helps you become more competitive when you graduate from university. Well, you have gained certain skills that will make you valuable to companies. Perhaps, but how will you be different than all the others who have gone through the same educational process? What will make you different, then what will make you different in the future? How are you going to stand out from the crowd? And once you do have a job, or perhaps you create your own business, you want to do what you can t keep progressing, keep accomplishing and keep being successful. Education doesn't stop when you leave the university. Education is a lifetime process, and you now need to become self educated, so never stop learning. Now we all know who Warren Buffett is, right? Well, he had something to say about personal development. Quote unquote. Ultimately, there's one investment that supersedes all others. Investment in yourself. Nobody can take away what you've got in yourself, and everybody has potential. They haven't used yet. What potential do you have that's just waiting to be unlocked? And what are the steps toward continuous personal development? You might recall that I mentioned earlier. There are three particular steps toward personal development, however, will talk about those in our next lesson to recap What is continued personal development, and why should you be interested in it? Well, number one we talked about the definition of personal development, awareness of yourself, a broad range of knowledge and improving your skill set to we looked at. Why is it important strength, confidence and self awareness? And finally, how can it help you in your career? Well, it's going to make you stand out and become more valuable in the marketplace. Okay, that's it for this particular round. Let's get ready for the next three steps toward personal development 21. Core 4 - Your Attitude: So how is it that you go about with continued person development? Well, as I mentioned earlier, there are three steps, and in this lesson we're going to look at the 1st 1 But before we look at that particular one, let's look at what are those three steps toward continuous personal development? Thes three. Include one your attitude or philosophy on life to the physical, which is your physical state, your health and your appearance. And three the mental, which includes the knowledge base that you possess and skills that you possess before we begin. What I'd like you to do is get out a worksheet that you're able to download, and that particular worksheet is called Personal Development. Reflection Worksheet. You could see an image of that on the right side of the screen. Take a moment and get that out, and we're going to fill this in as we progress throughout the rest of this lesson. Now, the first part under your past personal development, I'd like you to take a moment and think about. Aside from school related activity, such as studying for classes, list the things that you've done in the last 12 months or so to work on your own personal development, have you read any special books that add to your wealth of knowledge and skill? Set? Have you worked on any particular certifications? Perhaps. Have you gained any experience in a part time job that might be related to your industry or future career? So what have you done within the last year to help you develop as a person? Go ahead and push, pause and complete. This section is best possible. Next, I'd like to ask you, what is your personal philosophy Now? This might be somewhat of a difficult question to answer, so I want you to take time and think about what your attitude toward life or what your philosophy on life might be. And keep in mind. You can change this as time progresses, because we all tend to change our philosophy as we progress. So let's talk about attitude first. This is your attitude towards life, maybe your philosophy of truth and regarding all people when things were going our way, it's easy to take credit for it. These are your accomplishments. Therefore, we take credit for them right, However, it's just is easy to blame others and the world around us. When things don't go our way, when we fail or or fall short of our goals, for example, the economy is too bad. The laws and regulations are too strict. There's too much competition. No one ever taught me how to do it. No one ever helped me. But don't fall into this trap. It is the philosophy of the poor to blame others. While it's the philosophy of the rich to blame themselves, obstacles and setbacks, well, they happen to us all. That's just life. However, the important thing is what you do about it, because you can't change the world around you. But you can change yourself. Here are two principles to live by. If you could understand and use these two principles in life, then you will find that success will come more easily to you. And those include number one. It's not what happens that determines the major part of your future. What happens happens to us all. As I just said, the key, however, is what you do about it. What action do you take to correct the situation and to what you have at the moment what you have now is what you have attracted by the person you've become. What this means is the successes and failures are really attributed to who you are today, and the successes and failures that you come across in the future will be directly because of the person you are in the future. So who do you need to become? And when you make the right changes and become the person that you want to be the person you need to be, then you attract the right circumstances. And this is what we call the law of attraction. Here. New opportunities will present themselves here. New doors will open as you become a new person as you become the person that you want and need to be. I'd like to leave you with a few things that the great Jim Rohn said If you change, everything will change For you to have mawr, you must become more Don't wish it was easier. Wish you were better and don't wish for fewer problems. Wish for more skills. This is the essence of the personal development philosophy you want to adopt. So start working on yourself today. Next in the personal development reflection worksheet we have your attitude and philosophy in this section, I want you to write a few sentences on your attitude and your philosophy on life. It's entirely up to you on what you write. There's really no right or wrong answer, and this philosophy will probably change as time goes by. As I've already said. So what is your attitude and your personal philosophy on life? Take some time to write down a few sentences as best you can to answer this question. Go ahead and push, pause and get to writing. Okay, so to recap our section on your attitude and philosophy regarding life and personal development, we went over the basics of the 1st 3 parts to personal development, which our attitude philosophy, the physical and the mental. As we went deeper into philosophy, we opened up our worksheet and answered a few questions. First of all, what have you done over the past 12 months to work on personal development? And then I asked you to write down your attitude and philosophy on life. So let's get ready for Section number two on personal development. The physical 22. Core 4 - The Physical: So the second part of personal development is the physical and African guests. This has to do with your health and your physical appearance. So my question to you is, Do you have healthy habits? If so, what are they? Do you have more healthy habits? An unhealthy habits If you have unhealthy habits, water those. What can we do to increase your healthy habits and decrease your unhealthy habits regarding the physical, We always want to strive to be healthy. If you aren't healthy, then you won't enjoy your time here on Earth as much as you could, and you might leave sooner than expected. Your body is the only body you have, so take care of it. Let's take a moment to look back at your goals. What goals, if any, did you have for your health? Did you put down better health is one of your goals, Perhaps lose weight or exercise more. How about a better diet Eating healthier? Are you getting the proper amount of protein, vegetables, fruit, Not some Berries. Do you have a balanced diet on the other side? Are you consuming things that might be unhealthy? For example, sweets. Too much sugar too much alcohol. Foods that are high in those bad fats. How about smoking if you're smoker? Isn't it about time that you really seriously considered stopping? Because, after all, there's really nothing beneficial to smoking right? And what about your physical appearance? Are you taking the time to look presentable? Are you wearing proper clothes for the proper occasion? Is your hair combed? My hair is always come. This, of course, depends on what type of profession you want, tohave or lifestyle. You choose. It's up to you. But remember that it is people who offer you a job and opportunities. And it's a fact that people will judge you on your appearance, whether you think that's right or wrong. So be mindful of your appearance. But don't be obsessed. Think about this. You're making an impression every day to everyone you meet, and the more people that you meet, the stronger that impression becomes. This then becomes your reputation. Good reputations take a long time to build and only a moment to destroy today. Are you making the impression on people that you want? If not now, then when start with your appearance and then with your actions So let's go back to your personal development reflection worksheet. The next section is, of course, your physical condition, and I have four areas. I want you to write in number one. Take some time, enlist the healthy habits that you feel you do have. Then in the next area lists the unhealthy habits that you feel you have third list the health habits that you would like to develop in order to be healthier thes habits that you don't have now. But you want to start. And then finally, how do you plan toe? Lessen your unhealthy habits and increase your healthy habits? How will you add these to your schedule? Let's go ahead and push pause. Take a moment or two to answer these questions and then go back to your goals. Go back to your schedule and make the appropriate additions so that you're on your way to minimizing unhealthy habits and increasing healthy habits. So today we've looked at a couple things with the physical. We've looked at why physical condition is important for your success. We've talked about healthy habits, your appearance, and we've looked at your personal development work sheet in order for you to get a clear idea of what you're doing right, what you're doing wrong and how to change it. Now that we've covered the physical, let's get ready to go on to the third section the mental. 23. Core 4 - The Mental: Okay. Now, on to the third and final section of personal development, the mental Here we are back at our goals, considering what knowledge and skills we want to acquire. Do you recall what you put in your goals? What skills do you need to acquire? Well, before we go there, I have a question for you. How would you define success? Everyone sort of has a different answer because quite often, success can be quite personal. Someone's definition of success could really depend upon themselves. On the other hand, others might see it as a universal answer. Go ahead and push, pause for a moment and think, How would you define success? Someone once said that they know the definition of success, and that is success is being willing to do what others are not willing to dio. If you only have the average education, and if you only put in the average amount of effort, what results can you expect? You guessed it average. Try to answer these questions. What knowledge and skills do you need by now? You probably have a pretty good idea. What knowledge and skills do you want? There's a difference between need and want need would probably take a higher priority than want. And where can you get these skills? Where can you get this knowledge? Here's a clue. Books. It's not an accident that successful people read more books. After all, knowledge is power. There's a fast amount of information that we can learn from books, because what we learn from books are the experiences and failures and lessons from other people. How many books do you read a month? How many books do you read a year? I hear that the average in America is about four books a year. I also hear that the average in South Korea is about nine books a year. But what types of books or people usually reading Let's listen to Jim runs take on reading . The habit of reading is a major steppingstone in the development of a sound philosophical foundation and in my opinion, is one of the fundamentals required for the attainment of success and happiness. All of the books that we will ever need to make us rich, as healthy, as happy, as powerful, as sophisticated and as successful as we want to be have already been written. People from all walks of life. People with some of the most incredible life experiences, people that have gone from pennies to fortune and from failure to success have taken the time to write down their experiences so that we might share in their wealth of knowledge. Almost everything that you need to know. Almost everything that can help you be the person you want and need to be is out there in a book somewhere. You just need to take the time to get those books, read them and implement that information. So let's think a little bit about books and your experience with books. Can you name one book that changed you in a positive way? If so, what was that change? Can you name one book that you've heard about that you were hoping to read? It's on your list, but you haven't quite got it yet. What successful people would you like to read about? Who would you like to learn from? Take the time, study other successful people and learn from their experiences? Then let's go back to the final page of our worksheet under your mental condition. Answer these questions. Number one. What skills would you like to acquire, list at least three skills. How and when do you plan to acquire these skills? Remember, everything needs a due date and how you add these skills to your schedule and three. What books would you like to read? Take some time research and list at least three books that will help you in your mental development. Go ahead, push, pause and try to answer these questions as best possible. And if you can't think of three books off the top of your head, take a little more time. After this lesson, do the research and see what books you can come up with. So we've gone over the three parts to personal development, your philosophy, the physical and the mental. What changes did you come up to help you with your own personal development? How do you plan to change your schedule to make sure you achieve these goals after this lesson, take a little extra time in, adjust your goals and adjust your calendar. So to recap, personal development, the mental. We talked about knowledge and skills and the importance of these things. We talked about how important books are to your mental personal development. We finished up our personal development worksheet section and you're on your way to making the proper adjustments so that you can reach these goals. So we're almost at the end of this particular core lesson on personal development. The next section that we're getting ready for his mystery question answered. Get ready for that. 24. Core 4 - Personal Development Wrap Up: Do you remember the mystery question at the beginning of this core lesson on personal development? Do you remember all those people who I talked about? Do you remember their names? Well, let's get onto the answer. The question is, what do all these people attribute to doing that has helped them to succeed? It's one particular thing that we just cover. All these people have one thing in common that they say was instrumental to their success. And not only does it contribute to people success and has a few additional benefits, it improves focus and concentration. It's a fantastic stress reducer, and it even makes you healthier in older age by slowing down the process of dementia and Alzheimer's disease. Did you guess it? 3 to 1. Books, books do All of this and Mawr books again are priceless, so make sure you're taking advantage of reading. Remember all the information that you would ever want to be successful to be happy. It's somewhere in a book. Talk to a family member, talked to a friend, asked them about their philosophy, ask him about their health habits, asked him about what books they've read, who knows? You might find someone who has similar goals, as you do. And if you do, if you share similar goals, work together that synergy accomplish those goals quicker. All right, ladies and gentleman, I really hope that you found these lessons helpful and that you found value in them. And the next lesson, I also hope, will be equally valuable. I'll see you soon for our next lesson. Take care. 25. Core 5 - Being Likable: Hello, ladies and gentlemen, and welcome back to our next core lesson. It's our fifth core lesson on being likable. Have a quick question for you. Did you know that being likable can have a huge impact on your career, your relationships and your life in general? So, of course, today our topic is how to be more likable and are Quote for Today comes directly from the book will talk about in a second from Dale Carnegie. This quote goes like You can make Mawr friends in two months by becoming more interested in people than you can in two years by trying to get people interested in you. That means don't waste your time trying to impress people. People can see right through that sort of behaviour. Instead, you want to be as genuine as possible and try to be genuinely interested in others. So, having said that, let's go through the major sections of this particular lesson. Those are, of course, number one introduction and mystery. Question number two. Why be likable? Can you guess? Three. We're gonna go over the six principles of likability and will cut those six principles into sections themselves, then well, answer the mystery question, and you might be pleasantly surprised. We'll see. But first, let's talk a little bit about Del Carnegie and his book, How to Win Friends and Influence People and you can see I have that copy right behind me right here. How to Win Friends and Influence People is a self help book written by Dale Carnegie, and it was published in 1936. I know that seems like a long time ago, but the principles today are the same as they were in 1936. And really, these things aren't going to change as long as we're still human beings, and this book is really popular. Over 15 million copies have been sold worldwide and translated into 36 languages, which is huge, making it one of the best selling books of all time. This book also happens to be one of the best books I have ever read, in my opinion, so I really recommend that you take the time and find this book. Order it from Amazon, go to your local bookstore, but whatever you do, get this book, take the time to read it. And it's one of those books that you don't just read and finish. You really refer back to it over the years because it's really that important. So why don't you take a note and maybe add this to your personal development list of books ? And you may have guessed this lesson is really greatly based on part two of this particular book. How to become more likable. So the question here, the mystery question here is who is the greatest winner of friends? Take a moment. What could I mean? Who do you think it's the number one amount of friends who do you think is the most likable ? Del Carnegie starts section two of his book with this question by describing the greatest winner of friends the world has ever known. And let's look at it, quote unquote, he said. You may meet him tomorrow, coming down the street. If you stop, he will almost jump out of his skin to show you how much he likes you. And you know that behind the show affection on his part, there's no old cheerier motive. He doesn't want to sell you any real estate, and he doesn't want to marry you. He makes his living by giving you nothing but love. So can you guess who would win this award on likability, popularity and overall being great as we go throughout this course and you try to answer this mystery question would be great. If you took a little bit of time and Googled Dale Carnegie, you might be pleasantly surprised to understand more about him. And we talked about his book, How to Win Friends and Influence People. It's a fantastic book. As I said just a few seconds ago, I really recommend it. Take the time to get to know it a little bit better, order it from Amazon, make it part of your collection. And the mystery question is, who is the greatest winner? Friends. Can you guess by the end of this core section? Okay, let's go ahead and get ready for the second part of this course section, why be likable? 26. Core 5 - The Importance of Likability: So why should you try to be more likable? Well, as I already mentioned, it does a few things for you. It has a huge impact on your relationships on your career in life in general. So it's really important to to be likeable. But before we talk about why we should be likable, what is likability? What it is it Teoh to be likeable. Take a moment and ask yourself, Try to answer this question. What is likability? Think of any of your friends. What characteristics do you think you're really likeable? Friends have? How do those characteristics make them likeable? Well, everyone wants to be liked, right? It means that people on average, tend to form a good first impression of you and can easily like you. Remember, first impressions are critical. They really stay with the person who's being impressed upon for quite some time. It's also quite difficult to change first impressions, so you always want to give a good first impression, and a likable first impression is even more better. However, this does not mean that you should ever sacrifice your principles, your independence, your uniqueness. Being likable should be genuine. You want to be yourself. You want to be genuine to other people. You don't want to fake it to make it. You want to be riel. Keep that in mind as we go over this six principles of what it means to be likable. The Six Principles of Likability. Why should you be likable? Yes, it has a big impact on your career relationships in life. But who does it have an impact on? Well, one it have has an impact on your friends. Being likable helps you make more friends and hopefully the right kind of friends. Being likable helps you with your family. You're able to work better with your family, overcome obstacles and be considered a better contributor. As a family member, it helps with your boss or the company. You work for being likable. It means that your employer will have a more favorable opinion of you and offer you more opportunities to grow within that company. It also helps with co workers. You want to get along with your coworkers. You want cohesion and a team if you work in a team, so being likable helps you work better with your co workers, and even better if your co workers are also likable so that you have a synergistic effect and clients if you have clients, if your customers like you, then they want to do more business with you, and in turn you get more profit. You are more successful around your coworkers around your pool, employers around your family and friends so they all really work together. Overall, likeability helps you be a better person and helps you work with people. Because don't forget we are social animals. Humans are social animals, and it's important that we are able to work with people. So likability is a main contributor to that workability with other people. And all these people, arm or all the people who interact with you tend to ask the same conscious or unconscious question from every angle of human interaction. The basic question is this. Do I like this person? Your friends, family, employers, co workers and clients will ask this question over and over. Do I like you? And you want that answer to be Yes. Being able to get more people to say yes to this question will have a huge impact on your career, your relationships and your life. So How can we get people to answer yes to the question? Do they like you? And when they answer that question, yes, you'll build better relationships. And in turn, that helps open up more opportunities for you. And in addition, you may find yourself happier as well. So in this section we have gone over what is likability and why be likable. Don't forget that it's really important and has a huge impact on your future success, your future relationships and your future life in general. Remember the number one question people ask when they meet you is Do they like you? And of course, you always want to have a yes to then answer, because being likable has a huge impact on better relationships, more opportunities and the happiness that you experience in life. So keep this in mind as we go into the next section of this core lesson. The six principles of a Likability 27. Core 5 - Likability Principle 1: So let's get onto the six principles of likability directly from Dale Carnegie's book How to Win Friends and Influence People starting with Number one. But before we jump into Number one, I'd like to ask you, How can I be likable? Can you guess any of these six principles that make someone like? Well, well, first of all, as I mentioned in the lesson right before this one, Don't try to impress people, why it's insincere and people will see right through what you're trying to do. When we go through these likability principles, we always want to keep in mind, be riel. Be true to yourself, be true to others. Don't fake it. Don't try to impress people instead. Be genuine. And that's our word of today genuine. As we get into this principle Number one, Here's another question. Who are people most interested in? Who's the number one person you're interested in? Most likely, that answer is me, not me, your teacher but you the student you are most interested in yourself. Think about it. How many times do you see people taking selfies? And what about you? If you don't take selfies? What about pictures of you in groups. If you look at a photograph of a group of people and you're one of those persons, where do your eyes go to first? Naturally, you seek out yourself in that picture first, and then you look at others. I do it and you probably do it, too. But that's okay. It's natural. So let's use this natural instinct to help us become more likable. Principle number one is become genuinely interested in other people, as I said, not faking it but being genuine. But some of you might be asking this question. What if I don't like people? What if I just don't get along with people? What if I'm not a people person? Well, if you think that you don't like people or you find it difficult to January like others, you have two choices. Number one. You can choose not to make an effort to be interested in hope. It doesn't negatively affect relationships. Good luck or number two making effort and see what happens. Remember, it's our human nature to be social. Where social animals were social creatures. We work better in social situations. We have a natural tendency and desire to connect with other people, and later we'll see that that's desire to connect with people isn't component to happiness . A Viennese psychologist named Alfred Adler. When said something that sort of stuck with me and I want to share it with you, he said. Quote unquote. It is the individual who is not interested in his fellow men, who has the greatest difficulties in life and provides the greatest injury to others. It is from among such individuals that all human failures spring. Let's revisit this quote and look at the two consequences of not liking your fellow person . Number one. Those who don't like others have the greatest difficulty in life because we're social people. You need to be social and work with others. Along with that, they also cause the greatest harm to others. Usually this tends to be the people. They're closest to family and friends. Really, it's a tragedy when people don't get along with others. Just look in the news today, all the bad stuff you see and read about. There's an issue of liking your fellow person, so let's all make an effort to genuinely be interested in others, and here's a little trick you can try when speaking to others. When you're talking to someone else, look and listen for points of interest. Look for something that you think genuinely interest you. Everybody probably will have some quality, some characteristic that you can identify with once you start to look. You may be surprised about how unique and special each individual, maybe the Roman poet named Publius Iris once said. We're interested in others when they're interested in us, and this holds true today to be likeable. You want to show that you're interested in the other person. When they pick up on your interest, they can't help but start to become interested in you, therefore likability. So what can you do to be more genuinely interested in someone here? Three things to keep in mind. Number one. Make an effort to help others. It's one of the reasons we're here is to help our fellow person. What have you done recently to help someone? What have you done in the past to help someone? How did that make you feel? Usually we feel good about it, So keep in mind, make an effort to help someone today and do things that require your time when you take the effort to take time out of your day because there are only 24 hours in a day and this is a resource you can't get back. When you give your time to someone, people feel more touched. They feel that you're being more genuine. It's not something as simple as money. You're giving yourself to that person. So when you make an effort to help others, make sure it requires your time. And in doing so, make sure you're being unselfish. What goes around comes around. You might be surprised that as you help others, it has a way of coming back to you in ways you wouldn't expect in ways that you couldn't get otherwise. So Principle number one become genuinely interested in others. 28. Core 5 - Likability Principle 2: So what could principle number two of likability be? Let's go ahead and take a look at this particular image, and my question for you is what is the first sign that someone likes you? Take a look over here at the woman. What is she doing? Maybe you can guess. I'll give you a hint. What do you think? Well, to show, or the sign that somebody likes you usually is immediately and you guessed it. They smile. So Principle number two is simply to smile. It's a huge impact, and it's so easy to dio. There is some interesting science behind a smile. We won't look at the details in this lesson, but I encourage you to Google. How smiling affects the body and the mind. You may find it quite interesting, but we'll look at two quick things. Number one. It makes us appear more attractive to others. If you saw two pictures of the same person, one when they're smiling and the other when they're not, people are going to rate the smiling picture as more attractive nine times out of 10. So to make yourself more attractive, not just physically attractive, but likability attractive. You want to smile. It makes you more open and more approachable to others, and it can lift our mood as well as the moods of those around us. So if you smile, just the act of smiling creates neural transmitters in the brain that make you feel better . It's amazing how it works. And not only does it do that to you. When someone sees you smile, it creates the same effect in their brains. This may be why people could be more attractive and attracted to others when there's a smile, but your smile needs to be, really, it needs to be sincere. People will know when you're faking it. The typical fake smile only has the mouth smiling, but the eyes need to smile to you can spot a fake smile. So let me demonstrate for a moment. Here is a fake smile. You're looking around. Look in my eyes. They're not really moving, but my mouth is fake. Smile sometimes when people are trying to smile, but they feel strange and might look like this. But typically, a fake smile doesn't have the eyes moving, but only the mouth. But a really smile has everything. The eyes smile and the mouth smiles. Let me try and give you a genuine example. How about that? So, did you smile, too? If you didn't try one more time ready? Hopefully you smile. There's an ancient Chinese proverb, one that I think is also comical, That goes like this. A man without a smiling face must not open a shop. What does this mean? You're not going to sell anything if you open a store and you don't smile. Think about the service you've gotten before. Where a waiter or waitress had a nice personality, you probably tipped more. You probably want to go back to that restaurant, Mawr. However, look on the other side. If you have service where someone's just angry or depressed or in negative mood, you're not gonna have a very good experience either. This is the same thing with all social interactions. So when you smile, it has a compound in effect that makes others feel better, Therefore makes you feel better and everybody wins. So don't forget to smile. Try it today. The next time you're walking down the street, the next time you're in the office or the next time you're meeting students fellow colleagues. Smile, smile at people you know. Also smile at a stranger. Watch them smile back. A $1,000,000. I bet you'll feel better. They'll feel better. Be a person who adheres the principle number two smile. 29. Core 5 - Likability Principle 3: So now we go onto principle number three. But before that, let's recap our 1st 2 principles. Remember, Number one is be genuinely interested in other people. Number two is to smile with not just your mouth, but your eyes. A genuine smile. Number three. What could that be? Well, you might have guessed it at some point. That is names. Remember that a person's name is to that person the sweetest and most important sound in any language. So learn names, remember names and use names. Did you know that the average person is more interested in his or her name Mawr than all of the other names on Earth put together? I guess that makes sense. Remember, we are interested mostly in ourselves, and although you might be taking the time to remember names, you have to say them to use their name. Hi, John. Hi, Alice. Gary, it's good to see you again. OK, Liz, that makes a lot of sense during the course of a conversation. Used that name at least once and make sure it's clear that you're using it. Make sure they hear you. If you all like movies or television, you probably recognize most of these actors. And although I've already given you their names, what's my purpose Here, take a moment. Read these people's names. How confident are you that you are pronouncing them correctly? Well, saying someone's name is important, but so is the proper pronunciation, especially if it's somewhat of a foreign name. Let's go from the top left down to the bottom right and pronounce these names correctly. At the top left, we have Rafe fines different than it looks, right. Next, we have Fomca Johnson down to the bottom left. We have Joaquin Phoenix and then finally, on the right. We have see Russia, Ronan. It's a fantastic opportunity to learn how to pronounce someone's name, especially if it's difficult. Why would that be? Well, if you pronounce someone's name correctly and it's a difficult name to pronounce, they're going to be much more likely to remember you and remember you in a farmed way. Because with their names and their history, either people in the past have not taken the time to remember and say their name, probably because it's difficult or if someone has used their name, they've said it incorrectly. But imagine you come along and you say their name and you say it correctly. Instant love and instant likability. So learn, remember and use people's names. Now. It's not always easy to remember names. This is actually a common difficulty for me, but just a little bit of practice and a little bit of creativity could go a long way. So what can you do to remember names a little bit easier? Well, here for things that might help if you've been introduced to someone and they say their name, but you don't quite hear it or you for gotten it. It's really easy to say Sorry, I didn't clearly hear your name. Can you repeat it? And then when they do, you should then repeat it as well. Say it out loud. In addition to that, if you don't remember someone's name and you're talking you my asked. So what was your name again? Or how how is that name spelled? This doesn't always work, because how do you spell John, for example, there Not a lot of variations. So if you're pretty confident that it's somewhat of a strange name, why not ask? Can you tell me how you spell that name number three. When you hear someone's name, repeat it, repeat it to yourself several times. Envisioned that person's face. Say it over and over again. Use it in the conversation more than once more than twice maybe more than three times. And Number four. Something that works best with me is try to associate that person's name with their appearance and physical features. What is something that stands out physically about this particular person? Have your mind focus and latch onto that physical trait, and that should create some kind of connection between the person's name and their physical features, making it much easier to remember the next time around. How would you like some great advice on how to be disliked? It's really easy number one never listened to anyone for very long. Number two. I talked constantly about yourself, and number three interrupt people in the middle of their sentences. Has this ever happened to you? How fondly do you remember these people? They might stick out in your mind quite easily, but they have a negative association. Make certain you are not like this. This is a great example of what not to do. But what about good advice to be liked. You should do this. Ask others to talk about themselves. Listen intently to others. Be genuinely interested in what others say. Follow these instructions and you're well on your way to being even more likable than you are today. So don't forget principle number three names. Remember that a person's name is to that person the sweetest and most important sound in any language. Again, learn names, remember names and use names. That is the essence of principle number three. 30. Core 5 - Likability Principle 4: so on to number four. The fourth principle of being likable is be a good listener. Encourage others to talk about themselves. Let me start with a story. This story is Dale Carnegie specific story straight out of his book, How to Win Friends and Influence People. And it Goes Like This. Dale Carnegie happened to be attending a specific dinner party where he spent most of his time talking to one particular man throughout the whole time about that man's hobby. And that man's hobby was botany. Now, for those of you who don't understand botany, it's the scientific study of plants. Some might find that interesting. Some might not me particularly. I love all aspects of science, but it bores some other people. But that was, besides the point to Dale Carnegie. He knew that listening, whether it was interesting or not to him, was a great compliment to the person speaking. So at this dinner party, surrounded by people, he focused just on the person he was speaking to, and he encouraged this man to talk more about botany. Carnegie thought it would be a great idea to ask Maura about botany because he would stimulate the other man to talk more. As the subject was discussed. Carnegie not only listened very closely, he also became very interested in the subject. He was genuinely interested in the man and his conversation about botany. This discussion lasted for over two hours, and Carnegie said very little during that time, while Onley encouraging the man to speak Maura about the subject and asking thought provoking questions. Interestingly enough, this man commented to the host of the party that Mr Carnegie was an amazing conversationalist. Really, he hardly said anything at all. But the man felt liked and appreciated because Carnegie gave his full and genuine attention to him that night. Why I remember this good listening is one of the best compliments you can give a person. Not only does this work in social situations, it works in negative situations. If you have an angry friend and upset boss, a concern customer or client, if you have upset parents were concerned parents. If you're in a relationship and you have one of those talks, what should you do? Give your full attention and listen intently to what these people have to say. You'll be showing them respect and it will most likely help to defuse the situation. And overall, remember to be interesting, be interested, show that you were genuinely interested in what the other person has to say. So for principle number four, keep in mind. Don't forget and remember, be a good listener. Encourage others to talk about themselves by doing so that makes you seem to be a great conversationalist. 31. Core 5 - Likability Principle 5: then what is principle number five of being likable? Simply put, it is talk in terms of other people's interests. Now, you might not immediately recognize this man, but I'm sure you can guess what he did for a living. Theodore Roosevelt was the 26th president of the United States. He was known for many things. One of these was his ability to speak on a wide range of topics. He was seemingly very knowledgeable and able to have a conversation with people on a wide range of subjects to it didn't matter the other person's background. They could have been a lawyer, a doctor, a teacher, a sales person or even a bus driver. Roosevelt always knew what to say, and this skill most certainly helped with his success in life. So what was a secret? It's simple. Whenever he expected a visitor to the next day, he would stay up late, researching and reading about the subject that he knew they were most interested in that way. He could be a good conversationalists. When it was time. There's an old saying that goes the road to a person's heart is to talk about the things they treasure most, and this couldn't be more appropriate. Nor could it be more true. Do you remember the previous principal principal number four? Well, if you already forgot, it was encouraged people to talk about themselves. While you're getting people to talk about themselves, listen closely and listen for clues about what they're interested in. Surely you'll be able to pick up on their body language, their tone of voice and their mannerisms when they start talking about something that they're particularly interested in. Once you pick up on that, start asking questions. Ask them to talk more about that topic. Ask them to explain. Asked him. The history asked him why There are a whole range of questions that you can ask on that particular topic. So this is the art of conversation, not only getting people to talk more about themselves but you to talk about their interests . Yes, it seems a little one sided, but that's the art of likability. That's the art of conversation. It's a combination of two things, right listening and what, yes, speaking. So can you guess what's the sixth principle of likability? Well, before we go there, let's just remind ourselves the fifth principle of likability is talk in terms of other people's interests. Okay, let's get ready for the sixth and final principle coming up soon. 32. Core 5 - Likability Principle 6: okay on to the final principle Principle number six, and that is make the other person feel important. But, of course, do it. Sincerely remember, the word of the day is genuine, Carnegie writes in his book about a time when he was visiting the post office and saw one of the clerks who seemed very bored. At the time, Carnegie decided that he wanted to make the clerk feel better by commenting on something he liked about the clerk. So he looked at him and tried to identify a characteristic that he genuinely liked. Remember, you shouldn't be insincere about these things. He saw that the clerk had a very nice head of hair, makes me jealous. Carnegie then remarked to the clerk and said, I certainly wish I had your head of hair. The clerk looked up, smiled and said, Well, it isn't as good as it used to be. Carnegie talked a little bit Mawr to the clerk, and they had a very pleasant conversation in his book, Carnegie States that he assumed that the Clerks Day was a little bit better. Because of that conversation, he made the clerk feel special and important. Let's take a quick look at what two American psychologists had to say on the subject. Number one. The desire to be important is the deepest urge in human nature and to the deepest principle in human nature is the craving to be appreciated. Thes two statements are almost identical. So what should that tell us? Well, do you remember back in high school, where you probably learned about Maslow's hierarchy of needs? This is the psychological explanation of how human motivation moves from the bottom up from the basic to the highest level of attainment. First, humans need to satisfy their psychological needs, then safety, been loving, belonging, been esteem and then self actualization and Onley in that order. Well, if you look in the green esteem, it's the same as important. Humans have the basic need to feel important, so help others with that need. Talk to people about themselves, and they'll listen for hours, make others feel important and do it sincerely. You know, in a conversation, people aren't really going to remember you so much for what you say nearly as much as for how you made them feel, and making them feel important is a huge component toe likability. So there we have principle number six. Make the other person feel important and do it sincerely. So let's briefly go over these six principles of likability. Number one. Be genuinely interested in other people. Make that effort to smile and do it sincerely. Have your mouth smile and your eyes. Remember and use people's names, especially if you can pronounce them correctly. Be a good listener. Listen intently. Look of people in the eyes while you're doing it. Talk in terms of people's interests. Pick up on what those interests are and expand on them. Ask more questions and finally make other people feel important. Make the occasional comment compliment. People show that you noticed their unique and positive characteristics. And don't be shy and doing so regarding these six principles. You don't need to practice all of these all the time. However, I would suggest trying all of these at some point. Hopefully sooner than later. Remember that being likable is a skill that anyone can learn. It takes practice, so try to make these six principles part of your skill set for a lifetime. So that does it for our six principles. Today. Let's go on to the next section and answer that mystery question 33. Core 5 - Likability Wrap Up: So here we are at the end of this core lesson on likability and how to become a likable person. And now it's time to answer the mystery question. Do you remember what that WAAS Let's revisit? Who is the greatest winner of friends? Dale Carnegie starts this section by describing the greatest winner of friends the world has ever known. Let's look at that one more time, he says. Quote unquote. You may meet him tomorrow, coming down the street. If you stop, you will almost jump out of his skin to show you how much he likes you. And you know that behind the show of affection on his part, there are no old terrier motives. He doesn't want to sell you in a real estate, and he doesn't want to marry you. He makes his living by giving you nothing but love. So who is the greatest winner of friends? Did you guess it? Don't that it? Ah, a dog. Remember, you can make more friends in two months by becoming interested in other people. Then you can in two years by trying to get other people interested in you, and that's what a dog does, gives full attention to the person, unconditional love and genuine interest. So I have a little bit of homework for you. Pick one day during the next week. On that day, smile. It's someone new at least once every hour. Make a note on how you felt at the end of the day, and if you notice that people acted differently around you, give it a try. You might find that your day is brighter and the day of others is brighter, too. And don't forget to become a teacher. Is there anyone close to you family or friends that you think could smile more? Is there anyone that you think could learn people's names better? Is there anyone you think could improve upon listening more than talking? Tell them what you learned today about likability and spread the knowledge. Okay, ladies and gentlemen, this concludes this core section on likability. And don't forget if you get the chance, go out and buy this book. Del Carnegie's how to win Friends and influence people. It's a fantastic read, and there's a lot more to it than just like ability. Okay, see you for the next core lesson. Talk to you soon 34. Core 6 - Personal Networking: Hello and welcome to our six core lesson on networking. This is your chance to make connections to success, so pay attention. What we're going to do is go through Ah, few things. But before we dio, let's talk about our quote of the day, which is the richest people in the world. Look and build networks. Everyone else looks for work where that mean those who were successful know that a strong network is a key to success, and you want to take that advice. Those who aren't successful don't take the time to build and manage their networks. So keep that in mind as we go throughout this core lesson. Today, we're going to start off with what is not working and why do it. It's a little different from our other lessons, because usually we'd start with the mystery question. But we're going to do that second because in order to get to the mystery question, I want you to understand what is networking and why is it important? So after that, as I just said, we'll go into our mystery question. Number three will talk about network building while in university. Now this component is more specific to, Ah, younger people who are just starting university or still in university, but it still applies. Some of this will still apply to you if you've already graduated from university, so don't worry. Pay attention. Number four. I'll give you a networking assignment you might find interesting. We'll see. And then we'll conclude with entering our mystery question. So let's jump into what is networking and why do it? Well, networking is making human connections for the purpose of sharing ideas, building relationships and helping and finding help in one's career. Networking can include simply talking to new people. You meet at a party or up to organize network events such as industry conferences and seminars. Networking can be all kinds of things. It's making these human connections, and these human connections will serve you in one way or another in the future. So the basics to the working involve you guessed it, giving out your contact information and collecting other people's or other companies information in order to build that network. So here we are, exchanging contact information. That's sort of step one from there. Once you've exchanged information well, now the time to start building these relationships, the people in your immediate circle we want to branch out. We want to meet friends of friends. We won't also want to meet new people to add to our network. And over time, your small network will build up to something potentially global. Who knows? Whatever happens, you want to expand and include more people with a variety of backgrounds into your network . And, of course, you want to manage that network over time. Keep in contact with these people. Offer help to these people, and in return, you'll find that they will offer help to you. Let's talk about a word called capital. You might have already heard this word before. It's a common term in English, of course, even more common in business. Usually capital is synonymous with money. But let's look at the definition Capital is wealth in the form of money or other assets. Now, capital is not only money, however, we usually think of it as money companies have, for example, working capital money that's around so they can invest in other things. Capital management is usually money management. You might hear companies say we need more capital to support research and development this is all money based. Usually, however, there's another term called Social Capital. Can you guess what that means? Well, remember that the word capital really means wealth. Wealth in the form of what? Here. This is wealth in the form of something social. Therefore, wealth in the form of people you want to build. Of course, your monetary wealth. You want to build your monetary capital. More money in the bank is always good, right? Well, we also want to build our social capital, and over time you'll see that your social capital feeds your money capital. A good network will happen effect on your wallet and your bank account. So what are the benefits of having a network and continually managing and building that network? Well, maybe some of these are obvious. Maybe some of these will be a surprise Number one. A good network helps you find job opportunities. Remember, it's not necessarily what you know, but it's who you know. Have you ever heard that before? It's people that will open up the doors to job opportunities. Now you might not get jobs from people in your immediate circle, but you very well might, through people that, you know, from friends of friends or friends of other friends. This is what could be referred to as the strength of weak ties. Believe it or not, the majority of job opportunities don't come from people that you know well. But they come from people that you know just a little bit. For example, friends of friends. It's an interesting social fact to not only does a good network help you find a job, it helps you keep that job and go up the corporate ladder. It's good to have a strong network in your company as well and in your industry. So once again, it's not what you know. It's who you know in your job in your industry. Number three, it helps you get advice and support. When you know a wealth of people, a wide range variety of people, you have the door to information that you would not usually be. Accessing more people means more information and possibly better advice and better support . Number four. It builds confidence. You know, the more people we know and the better relationships that we have, make this more confident and confidence conduce a lot of things. We are attracted to people who are confident and people give jobs. People give opportunities to those who are confident, and a good amount of confidence will give you the power to strive toward accomplishing whatever goals you may have. Number five new ideas and new perspectives Again, A strong network of variety of people in your network will give you access to new ways of thinking new perspectives, which can help you in a variety of ways in the game of life. So social Capital you wanna build your social capital, you wanna build your network. That's why we're here today. But before we progress on what to do about building your network, let's recap what we've talked about in this short section. Number one. We talked about what is networking. We talked about having social capital. It's the wealth of the people that you know and the benefits of networking. So now you have a better understanding of what network he is. Why to do it and the benefits. Let's go into our mystery question. Coming up in one second season 35. Core 6 - The Currency of Networking: So it's time for our mystery question and what I'd like to get into before we ask. That mystery question is, let's take a look at one of my other favorite books, especially my favorite book regarding networking. It's titled Never Eat Alone. You may Have Heard of it You may not have. It's written by an expert in his field and definitely an expert in networking. His name is Keith Ferocity. He's an American author and entrepreneur and really successful guy in his own right. This book never Eat Alone is one of today's a leading books on how to successfully network . So I really recommend this book may be added to your list of reeds for the future, something he makes. Ah, big point of at the beginning of this book is where things are today, with people's careers compared to the past. Now, in the past, it was quite common for people to get one job and stay in that job for the rest of their life, and at the end of that job, I don't know, maybe they'll get a nice gold watch. People would spend 40 years at the same company. But is that true? today. Not at all, he says. In the past, people could trade loyalty for job security. But that's not the case. Not anymore. What does that mean for you? Instead of being loyal to one company for a person's lifetime? Instead, either you will be or you are today a free agent. What does that mean? Well for Ozzie, The book's author says that lifetime corporate employment is dead. We're all free agents now, managing our own careers across multiple jobs and companies. And because today's primary currency is information, a wide reaching network is one of the surest ways to become and remain thought leaders of our respective fields. So let me say that one more time. So you perfectly understand. Read along. If you don't mind. Lifetime corporate employment is dead. We're all free agents now, managing our own careers across multiple jobs in companies. And because today's currency is information, ah, wide reaching network is one of the surest ways to become and remain thought. Leaders of our respective fields notice the word currency. What is currency? Well, the definition of currency is money or some other medium used to buy and sell things. Of course, every nation has their own currency. Here in America, our currency is the dollar. In South Korea, currency is the one in other fields in industries. Currency might be a little bit different, not necessarily a dollar or one, but some other medium of exchange. Let's look at some examples. Earlier, we read that today's primary currency is information. Of course, this is the information age. People buy and sell and trade information on a daily bases. Just look at Facebook, for example. What is their business? It's personal information. It's personal data that they use. They take from their own members and using a variety of ways. So information is the currency of today and trust is the currency of the leadership. Great leaders need trust. The Maura leader could be trusted. The stronger that leaders position is. So trust is that medium for leadership. Also, attention is the currency for social networks. Everyone understands SNS right Facebook, instagram and so on. On social media, everyone is vying for attention. Look at me. Look at my company. Look at my product. The more attention someone has on social media, the more successful they are in whatever realm, they're trying to succeed in. So my mystery question to you is what is the currency of effective networking is just one word. Can you guess now if you can't think of something Now, see what you come up with as we progress throughout this core lesson on networking. So to recap this section on the mystery question for networking and effective networking. Remember, we talked quickly about the book by Keith Kharazi named Never Eat Alone Again. I highly suggest it added to your list to We talked about that were no longer working for companies for an extended amount of time instead of trading. Trust and loyalty for job security were free agents, and we talked about the definition of currency information, trust attention or currencies in some ways. But the mystery question regarding currency is what is the currency of effective networking ? Having said that, let's get ready for the next section. How toe build your network 36. Core 6 - How You Should Approach Networking: How can we go about building a network while still in university or still fairly young now , although this specifically applies to university students, If you've already graduated and you already have a job, a lot of this still may apply to you. So go ahead and go through it and see what value you can take from this lesson and apply into building your own network. So having said that, let's look at the four approaches to building a network while still in university. First of all, let's get out your worksheet that goes along with this lesson. It's titled Network Building Worksheet. Take a moment, Get that out if you want, push, pause and then come back so we can go throughout this lesson and you can fill out this worksheet as we progress together. Okay, let's continue starting to build your network at the university student is perfect timing. You're now an adult and open to the world and making connections that could last lifetime. These connections can help you become successful as a student, but they can also help you become successful in your career well after graduating. So take advantage of this time now and start actively building your network, you'll be so happy that you did it. And this is an advantage over most other students because they're not going to take the time to do what you can do now, which is build that network number one. Getting a part time job. Having a part time job has several benefits, such as gaining experience and earning money. Of course, however, meeting new people through your job is also an opportunity to build your network. Many of the most successful people started with part time jobs. Warren Buffett was a paperboy. For example, Getting to know your boss and others with industry experience can help you learn many things that universities just don't teach. Can you identify any part time jobs that are related to your major? Are there any positions? Veil? Any internships? How about working for free or for limited pay? If no positions air open instead of money, you'd be getting paid in knowledge and experience, which could be priceless. So take a look at that worksheet. What I'd like you to do is start filling out the first section, first of all, listening potential part time jobs available in your area What comes to mind? Go ahead and brainstorm and write a few options down. Once you've done that list potential part time jobs that may be related to your major, Where your area of study, what part time jobs are connected to the career you're going to try and build? And three. What can you learn from your boss? Do you have a part time job now? Well, what can you learn from that person? What about a potential part time job from the boss who works there? What can you possibly alarm from them and what questions could you ask? Make a list of these questions and keep them for future reference. Take a moment and push, pause, brainstorm and think about how to best fill out this section and then return to this video number two mailing influencers and people you admire. Even though you may feel uncomfortable mailing someone you don't know, that's okay. You might find out that they're happy to answer you. Most people are willing to help others, especially when they feel appreciated. Important. Do you remember our previous lesson on being likable? Wouldn't it be great to get to know someone you admired in your industry, someone famous or successful. Imagine the advice that they have for you and really, what do you have to lose? Nothing, right? Dale Carnegie wrote about a successful magazine editor who mailed famous people he admired . He read about their lives and biographies and ask them for more details about their childhoods. He asked these people to tell him Maura about themselves, and it worked out rather well so it could work out for you, too. So in the next section of your networking worksheet, I'd like you to start by listing at least three people who are influencers and or people you admire who are other than family. Of course. Can you identify anyone connected to your goals? Does anyone pop into your mind yet? Next. I'd like you to list some of the reasons you admire these people and go through each person individually. Why do you admire that person specifically? Then what mawr would you like to know about them personally? Sure, they're things you could read in a book or look at a new YouTube video. But what would you like to know more about them specifically? Not necessarily their successes, but them as a human being. And finally, what advice would you like to get from them? This could be golden. Remember, we always look to the successful to get information on how we could emulate them. Therefore, how we could also be successful. So what advice would you like to hear? These people can be heroes of yours. Famous leaders in the industry you plan to start a career in, or people of influence in your industry or potentially somewhere else. It's really up to you. So go ahead again. Push, pause. Take the time to fill out this section and then return for number three. Number three, Joining groups and clubs on campus. It's common for universities. Have groups, clubs and associations for you to join of all kinds. If you don't already know, ask where you can find a list of clubs available at your university and decide which groups you may benefit from. If you already belong to group, are you putting an effort into getting to know the members? And better yet, the leaders and organizer's? And what if there aren't clubs where you can network? Well, how about starting a club of your own? Start a club yourself look into the guidelines and procedures of opening a club. You maybe even surprised some universities will actually provide money to help you out. So again, what do you have to lose? Nothing. Remember successes, doing what other people choose not to do? Be the person who chooses to do that, which will put you on the road to success and here on the road to building a better network in the next section of your network worksheet. I'd like you to start by answering this question. Where can you go to get information of the club's offered at your university? This is just a couple of clicks away on your university's website or a few questions away posed at other students, other current clubs or even professors. Wherever that information exists, take the time to find out where you can go to get it. Then list the club's offered at your university. Go through that list and look at the ones that you might be interested in. Where you can possibly meet new people and build new relationships that's essential. You don't want to meet people. You are, we know. So don't go to a club where the members are already your friends. Instead, go somewhere that's new. It's these new connections that are going to build this new and better network that you want to work on. Then, does your university have any clubs dedicated to something that really interests you? Perhaps a passion. If not, would you be interested in creating your own club? Hopefully, the answer is yes. And finally, where can you go to find the requirements and procedures to create a university club? Even if you're not thinking about opening a club, even if you feel uncomfortable still, go through the process. Find out the requirements and procedures. You might be surprised there are a lot of benefits into having your own club or organization. And finally, number four meeting with professors. Even if you don't take their classes. Universities air full of professors who are experts in their fields, of course. Why not get to know some of them? Why not get to know some of them in the fields that interest you? You don't even need to be one of their students. The principle of important supplies here again, just like mailing people you admire, these professors most likely will be flattered that you took the time and effort to make them feel important and may also be just happy to talk to you. These conversations and potential relationships can have a profound effect on the direction that your life takes. So again, take the step to talking with people that you don't know. Take the time to meet with people in positions of power and information. Take some time to meet with professors in your university again. You'll be glad that you did. In the final section of your networking worksheet. I'd like you to fill out these three things. Number one. Can you name any professors at your university? Who would you like to ask questions? One to potentially three professors, the more the better. Can you name any professors outside your university around the world? You would like to ask questions. Are there any famous professors throughout the world? In your industry, you'd like to know more about brainstorm for a while, do a little bit of research list those names and finally, what questions specifically, would you like to ask each of these professors individually? So how many of these approaches will you try now? we have four of them where you go for 123 or four. Remember, the more the merrier, the more you try, the more effort you put into it, the better you'll get at building a network and then the better you'll get at being successful. Once you start building your network, you have to keep track of it networks or things that you need to manage. But you're in luck these days because of technology, smart phones and applications, you software or an application to keep track of your list of contacts. Popular APS include Google Contacts and Lincoln, and there are many others What works best for you. If you have any recommendations, let me know. I'd sure love to hear from you. So to recap this section on network building, especially if you're in university. First of all, we talked about getting a part time job. The currency here maybe is not necessary money that you make, but the experience and knowledge you get from being there and the people that you meet in the process number to contact people of influence, contact people that you admire. You never know who will respond. Number three join groups joined clubs, whether in university or outside of University Club. They're everywhere. Put in the time, put in the effort to become part of a club or part of an organization, and Number four meet with professors. They have a wealth of knowledge. They probably love to talk to you and who knows what kind of information, knowledge and advice you might get from these people. Finally, once you've done all that, you need to keep track of your network, preferably through some sort of software or application. The next section is a special networking assignment based on this lesson, so let's get ready for that section. 37. Core 6 - Connecting to Those You Admire: So the next lesson in our networking Siri's is our networking assignment, and I think this is pretty special because this is your chance. Toe actually put one of these lessons toe work, and let me explain what were going to do first. How many approaches will you try from our previous lesson? Do you remember the second approach? Well, it's male, someone you admire, and that's what we're going to do today. In order to do so, we need to get out a couple worksheets. First, let's get out, one that we've already worked on its your network building worksheet Here you should have already hopefully finished. And at the top section number two is mailing people you admire who's on your list of people that you admire. We're going to take the time and contact one of those persons, So who would you choose? But before we contact them, we want to go through the five steps to getting influential people to respond. And if you follow these five fairly simple steps, your probability of getting response from the person you admire really go up. So let's find out what these steps are and you know these days busy people are too busy to read emails, so they have the habit of ignoring them, right. However, when someone receives a physical piece of mail in handwriting, it gets their attention more effectively. It shows more of a sense of importance because someone took the time to write it, to sign it and to mail it it has that personal touch. Next, get out the worksheet labeled networking assignment. We want to fill out this sheet as best possible before you actually get to writing. Go ahead and push, pause if you don't have this worksheet. Okay, Step number one is to tell them why you chose them. It's important not to forget to let them know why they're the right person to help you. How are they special or unique to you? What distinction drew you to this person? What do you want to know from them? Then add a sentence or two about what you know about their work in how it is influenced you be as detailed as possible. So here we are on that worksheet, and it's these three sections I'd like you to focus on. First of all, how are they special or unique? to you. And what distinction drew you to them? Take the moment and fill that out. Once you've done that, go down to the next section. What value can they add for you? What do you want to know from them specifically? And then the third part, What do you know about their work or accomplishments that has actually influenced you? Putting these three sections together is gonna help answer the question about why you chose them. Getting on to step number two. Show that you've done your homework. You need to have research these people and show that you have a fair understanding of who they are and their accomplishments. You know, research does show that people are more motivated to help those who try to help themselves . And you can show that in showing that you've done your homework, don't ask questions where the answers could be easily found. Searching and Google Express that you've already put some effort into looking for those answers and clearly state what you've done to get these answers. That's this next section here. Number two. Here, go ahead and answer. This particular question is best possible. Can you clearly stay? How you have already made effort to find answers to what you want to know. Number three is highlight. Uncommon commonalities Working at me, if possible. Now it's not always possible, but sometimes it is. Find something that you and the person you admire share in common, the more specific and the more uncommon the better. Of course, this takes some research and understanding of this person. Why? There's a good amount of psychological evidence that these types of similarities draw people closer together, and we'll give your person the desire to help and respond to you. So do you have similar backgrounds experiences, early challenges in life, likes or dislikes? The most uncommon similarities you have are usually the best. So keep a look out for those uncommon commonalities and that section three right here answered thes two areas Number one. Can you identify things you share in common with this person? Make a list as many things as possible, and from there which of these is most likely shared by the least number of people. This makes it an uncommon commonality in the higher likelihood to draw you closer to the person you're writing to Number four, you want to be really clear and specific. With whatever question you're asking and keep in mind, you don't want to ask a lot of questions. Make it simple. One question is fantastic to possibly definitely not three. The fewer the better. Have you heard of Kiss K? I s s keep it short and simple. Don't write mawr than two or three paragraphs. The person you're writing to is most likely busy. And whether they're busy or not, they most likely are not interested in reading a lengthy letter. The simpler the message, the easier it is for them to read and consider. Furthermore, be specific. With your request, what exactly are you asking of them? Do you want to know about a specific time? They were able to overcome an obstacle what steps they took during or directly after university advice for someone who's in a particular situation that you might be in. Don't ask general questions like, How do I become successful? Evidence shows that people are more willing to respond to you if they're given clear directions on how to contribute. The real goal is to start dialogue, not to ask for help. If they respond, you are now open to future emails and more genuine exchanges, and number five finally express gratitude. We always want to be grateful for someone who's helping us out, Right? Never sound is if you're demanding or begging the person to respond. Remember, don't demand and don't bag. Quote unquote. You should respond, or please respond our mistakes. You're much more likely to get a response if you could make the person's experience enjoyable. That experience could be more enjoyable when they feel appreciated and have a sense of making a difference in people's lives instead of the other. Phrases use phrases like Thank you so much, I'm really grateful and then express how this could make a difference in your life. Let them know how this will help you and potentially others. Now, once you finish the first worksheet, I have a letter writing format guide that should help you format your information into a pretty good letter. After you follow these steps, go ahead and type and print your letter, sign your name in blue ink and then send it on its way. So let's take a quick look at that letter writing format guide. Now here's an example that I've used in the past, and this is a real example. Although contact information and names have been changed, this is a real example that I've used to get a response from someone that my wife admires and I have come to admire as well. So let's start from the top down to the bottom at the top. Go ahead and put in your address and then the date that you've written a letter. From there, you want to include the name and address of the person you're sending to the recipients information and then a common salutation, for example, simply dear So and so So regarding these five steps, if you look at step number one about, tell them why you chose them, I go ahead and state this right here, for example. The reason I am writing you is because blah, blah, blah. Then Step Two is to express that you've done your homework. I have stepped to down here in the second paragraph stating, I have read about your contribution to the plot is community and by adding a psychological component to your work moment, move blah, blah, blah. As you might have guessed. My wife is a Pilates instructor number three, You want to highlight uncommon commonalities. The uncommon commonality that I've chosen is that my wife has fallen in love with plot ease and made a career out of it. Just as this person has done the same in their career toward the bottom Number four Have your specific request. My specific request is one question. And then at the end, Step five riel simply. I express gratitude. Thank you so much. I'm really grateful. And there you have it. It's pretty simple. So take the time to follow these instructions in the same format that you can see here for you. Then the next thing you know is you have an effective letter to more than likely get a response from the person you admire and who knows, start building relationship with that person. So let's recap what we've talked about regarding the five steps to getting influential people to respond. Number one. Tell them why you chose them number to show them you've done your homework. Three. Look for uncommon commonalities and state them clearly. Four. Make a specific, simple request. Try to limit it to one question and five express gratitude and thanks So there you have it thes air the steps to get someone that you admire, someone famous, maybe a big influence or in your industry to respond to a specific question you might have . And who knows? You could start building a relationship with this person and thus expanding your network. That's it for this section. Let's get ready for the final section Mystery question answered. 38. Core 6 - Networking Wrap Up: Okay, here we are at the final section of this core lesson on networking. We're going to talk about the mystery question. Answer. If you remember, currency is money or other medium used to buy or sell something specifically a medium of exchange. Remember, information is the currency of today. Trust is the currency of leadership, and attention is the currency of social networks. What was my mystery question? It waas. What is the currency of effective networking? So did you come up with an answer? Any guesses whatsoever? Well, if you recall Keith Kharazi, he said, quote unquote, I learned that really networking was about finding ways to make other people more successful. In essence, hoping others become successful helps you become successful. The more people you help, the more help you'll have and the more help you'll have helping others. Sounds like a tongue twister, doesn't it? But the idea is to help others. It all comes back to you in the end. So, in other words, the currency of riel networking is generosity in networking. You want to find ways to help others and not just help them in simple ways. Help them generously, so keep that in mind the next time your networking. And if you want to get even more serious about networking, get a copy of this book. It's fantastic. I'm sure you can find it on Amazon or possibly your local bookstore. And don't forget to become the teacher. Go over these worksheets with a friend or a family member. Encourage someone to contact someone they admire or encourage someone to join or even start their own networking club. If you help others network, then who knows? You might find out that you yourself are becoming a fantastic networker as well. Okay, ladies and gentlemen, again, this concludes another one of our core lessons. I hope you found value in this particular exercise over networking. Remember, networking is a fantastic way not only to meet new and interesting people, but to build a wealth of knowledge that comes back to you in the end. Okay. See you for next lesson. Talk to you soon. 39. Core 7 - Mentors: Okay, so here we are to begin the Seventh Corps lesson in our entire 12 core lesson course. This particular lesson is on mentors. Are you familiar with what a mentor is? Well, if not, you're about to find out, and the focus here today is finding the right mentors. So what's our quote of the day It goes like this. If you read along with me over here. Ah, Mentor is someone who sees more talent and ability within you than you see in yourself and helps bring it out of you. Now that sounds pretty valuable, doesn't it? In today's lesson, we're going to go over number one or introduction and mystery question as usual. Then we'll look at the importance of mentors finding the right mentors. And then we'll wrap up with mystery. Question answered. So let's get into it. Heroes. You're familiar with what a hero is, right? Well, the definition is a hero is a person who is admired or idolized for courage. Outstanding achievements were noble qualities. Can you think of a few heroes who comes to mind? While superheroes, of course, and everyday heroes, many of us had a hero as a child they may have been superheroes like Superman or Iron Man, which is really popular today. Or they could have been people in heroic professions such as police officers and firefighters, even our parents. Of course, having a hero toe look up to who was related to your major or industry is a valuable thing . We can learn a lot from people's mistakes, successes and overall experience. Do you remember this photo or this collection of photos? Thes heroes, Maybe the successful people you've heard about and can read about? However, you most likely will never communicate with them or meet them, most likely. But who knows? A mentor, on the other hand, is an experienced entrusted adviser. This is somebody that you will meet and you'll probably become quite close to because, as it says in the definition, there a trusted advisor. So you need this relationship, so I have a question for you. Do you have a hero in life? Your parents, someone you've read about, someone you've heard about? Most of us do. But how about a mentor? Do you have a mentor yet, or do you have anyone in mind? Well, we're not going to focus so much on heroes. In this lesson, however, we are going to focus on mentors and getting a mentor or mentors for you and your success in your career and your success in life. So how do you get a mental? Well, just ask. Mentors want to help, but they don't want to waste their time. Mentors don't want to give advice to people when there is little likelihood that someone will follow through with that advice. So if you want to find a mentor, you have to have the right approach because you can't simply ask someone to be your mentor . Having a mentor is a relationship that must develop over time. Experts say that the best approach to getting a mentor is toe. Ask him or her one powerful question, and that's my question to you. What one powerful question. Do you think you would ask a person for them to become your mentor? What is that one powerful question you can ask. Think about that over the rest of this particular core lesson and see what comes to mind. The answer might be a little surprising. Okay, so let's recap what we looked over in this particular section we looked at what a hero is versus a mentor. Then we talked a little bit about how to get a mentor. And finally, the mystery question was, What? One powerful question. Should you ask someone in order to build this mentor relationship? Having said that, let's go ahead and get ready for the next section of this core lesson or mentors. Why should you have a mentor? 40. Core 7 - The Importance of Mentors: So in this next section, we want to take a closer look at why you need a mentor in your life and the importance of having that mentor or mentors. And let's revisit what a mentor is. A mentor is a source of wisdom. A mentor is someone who has already experienced in your field or industry and has a wealth of knowledge that they want to provide you so you don't make the same mistakes as they've made, or you can go into a certain direction that they know will benefit you. That's in line with the goals you've set for yourself. Also, they help you with growth and development there, almost like a parent to you. Yes, they have, ah, source of wisdom. And with that source of wisdom, they take on the role of helping you go throughout the steps to become mawr than you are today. They help you with that growing process Again, a mentor takes a long range view of your growth and development. They're not here just to help you with a few things today and a few things, perhaps tomorrow. It's a relationship that builds over time. Your mentor may be someone you continue to have a relationship for years to come because they've taken a vested interest in helping you go from good to great. Also, a mentor helps you see the destination, but does not give you the detail map to get there. Your mentor is a guide, a teacher, but they're not there to tell you exactly what to do. After all, this is your life. And of course, they respect that. When it comes time for you to make decisions, they may help you weigh each decision so you could make the best choice possible. And a mentor offers encouragement and cheerleading, but not how to advice. Mentors are there to boost you so that you have the confidence to go after the goals you set in life. So let's look at 10 reasons why you need a mentor. Number one mentors provide information and knowledge well. We already talked about this mentors, or usually very experienced in their fields or just experience adults, and through that experience they are able to impart their knowledge and wisdom to you. Number two meant doors conceal where we need to improve when we often cannot see that again . Mentors have been there, done that. Sometimes we can't really take a step back and look at ourselves from another perspective. However, a mentor can, because, after all, they are not us. And with that wisdom that they hold, they can see where you might be going in the wrong direction or the right direction and point out what areas that you need to focus on for improvement. Three. Mentor Stimulate our personal and professional growth mentors again, as we just said, their cheerleaders, in a sense, they want to push us in the right direction so that we become better tomorrow than we are today. Mentors or a sort of catalyst to make change happen. Four. Mentors offer encouragement and help keep us going. You know, they're going to be times when we run into certain challenges, and we might second guess ourselves and doubt. Are we really going to be successful or not? And have we made the right decision? Mint doors keep us on the right path and help us push forward through the difficult times five mentors or disciplinarians that create necessary boundaries that we cannot set for ourselves. So if we're going in the wrong direction or we're making decisions that maybe are in our best interest or were participating in some sort of behavior that's not beneficial for us. A mentor can step back and let us know point blank. What you're doing is not in your best interests. Stop doing this. Instead, start doing something else. There's that parent relationship six mentors or sounding boards so we can bounce ideas off them for an unfiltered opinion. Mentors are going to help us make better decisions, because when we have ideas, we can run those ideas across a mentor, and they're going to be truthful with us eyes. It's a good idea. Or is it a bad idea? And what changes should be made? Seven mentors or trusted advisers? You know, these days we can't always trust people in our industry. It's a competitive world. However, your mentor is in no way your competition. They're here for the sole purpose of building relationship. In helping you in one form or fashion, eight mentors can become connectors now, since a mentor is already established in their industry, they probably already have a vast network at several connections. They know a lot of people now that's great for you, especially regarding our previous core lesson on networking men. Doors can help you connect with other people who in turn can help you back. Nine. We can learn from mentors, experiences and mistakes. Other people's mistakes and other people's experiences are such valuable information because they can either put us on the right direction. Or, even better, they can prevent us from making certain mistakes. And mistakes can be costly. They can cost money and time when you want to be able to stop a mistake before it happens. And number 10 mentors are free, which makes them priceless in more ways than one mentors. Motivation is not to get something from you, at least nothing monetary. You shouldn't ever pay a mentor for their time. The real reason they're helping you is because, well, they want. They have this connection to you. They want to build a relationship. They want to help someone who is going to go through a similar process that they went through. Remember, one of the core needs that people have is to help others, and that's a mentor. However, there are some misconceptions that you want to keep in mind regarding mentors, number one. It's a misconception to believe that mentoring is about me, that it's all a one way street, that you who is being mentor just get get gets and the mentor GIs gives, gives, gives it's a relationship and remain. Remember relationships or two way streets. You want to somehow give back to your mentor. It's a misconception to think that being meant toward is more passive than active. It's not just you listening to a mentor and taking in information. You need to act on that information. This is crucial. Remember, an idea is worthless without action, so be prepared to act. It's a misconception to think that you need toe wait for a mentor to find you. This almost never happens. You need to be again proactive. Go out, seek out a mentor, build a relationship because if you don't, you just might not find a mentor. And finally, the fourth misconception is that you should ask someone up front to be been toward. Don't ever do that. That's incredibly awkward. Never say, will you be my mentor? Mentoring is a serious relationship. There's a big responsibility on both sides of the relationship to be a mentor. You really need to put in a lot of effort and focus on you, the men t. So don't just ask someone to be a mentor. You need to build that relationship up, and we're going to talk about that soon. Which is our next topic. How to find the right mentor. So let's recap about the importance of mentors. We looked quickly at what a mentors role is. We looked at 10 reasons of white A have a mentor and we looked at some of the misconceptions. So having said that, let's get ready for the next section, which is about how to find your mentor. 41. Core 7 - Finding the Right Mentors: great. Now you have a better understanding of the importance of mentors and really, why you should spend time to identify, mentor and build that relationship could, because it's really going to affect your career in your life in positive ways. Now we want to figure out How do you find the right mentor for you? So let's take a look at that process. We're going to cover eight steps to help find the right mentor for you. But before we begin as usual, get out some paper and pen so you can take some notes. Number one. Find someone you want to be like. This might take a little bit of time and research, but don't be discouraged. You'll find somebody quicker than you think. Identify a handful of people who you would like to be like. Make sure that they're fairly local, so it's reasonable to meet them. Remember, these were people who you need to build a relationship with. You need some one on one face to face time, Then choose people who have qualities that you would like to have yourself. Don't simply choose someone because they have a great job or make a lot of money. You don't want to be superficial. Remember, we're looking for someone who was able to help you become more like they are regarding their philosophy, their skill sets and their experience. Also, take the time to do some research of people in your industry in your major in your field. If you can't already quickly name 3 to 5 people. So what I'd like you to do is make a list of people who you might like to emulate. You might like to be like Are they local in your area? If not, where are they? Remember, we want to be as local as possible so you can meet them. And what qualities do they have that you admire? What qualities, personal or professional, Do you like about them? Take a moment and try to answer these questions on your piece of paper. Number two. You'll need to study the person at least a little bit. What I want you to do is learn more about each of these persons you've written down Google them. See if you can find their blog's visit their social media. I'm sure there somewhere online and make a list of what you think their personal strengths are and their personal weaknesses might be you'll come up with better ideas as you research them a little bit more. So start with Google. Choose one person, Google them. What pops up? You might be surprised. Do they have possible book? Ah, blawg. Are they owned Social media? Check out their Facebook account. If they have one Twitter account, if they have one linked in account, which they probably dio, then number three ask for a short meeting. However, don't ask them to be your mentor. Any point, remember, that's Ah, no, no question. Instead, ask for that short meeting and try to keep it. I don't know, 30 minutes to an hour short and simple. You don't want to burden them in any way. You want to make this as comfortable as possible, so make it informal. Perhaps grab a cup of coffee. Try to have that natural conversation, but bring along a few specific questions with you that you would like to ask them to learn more about them and their perspective on things. Write down three questions you might ask each of these individuals now, depending on the person, you might have different questions. Who knows? Try to individualize your questions. Make them more specific to each of the persons that you are potentially meeting. What advice would you like for them? What? Would you like to know more about them personally? Would you like to know struggles they've encountered? Would you like to know their biggest accomplishments? Would you like to know? Just General Vice? They might have for you for evaluate each meeting after the fact. After you've actually finished and completed each of these meetings, ask yourself if you'd like to spend more time with his person. If you had a good feeling and you want to spend possibly more time this person and build a relationship Great. Maybe they're the mentor for you. Did they encourage you more or tell you what to do? More remember? Ah, good mentor is not someone who is telling you how to do things. Instead, they're guiding you in a general direction. So if they're encouraging, there's another green flag that maybe this person is a potential good mentor. And did you leave the meeting feeling inspired and better about yourself? If so, Fantastic. If you get a green flag for all three of these, then this person might really be the mentor you're looking for. Number five. Follow up with those you hope to see again. Now let's say you have five meetings. Some of these meetings might not go as you expected. You might not get that good feeling and encouragement from some of these people, so you might scratch them off your list as potential mentors. However, those that you do want to keep on your list you want to follow up with, and there's a specific way you might want to do that. Number one. After you choose a potential mentor or mentors, send an email or a text within 24 hours and kindly thank them for their time. That's just good etiquette. Good manners. Then let them know that you would like to meet again sometime. Don't put anything specific down yet because you want to get a feel you want reciprocation . You want that feeling that they also enjoy their meeting and might like to spend some more time with you again in the future. And if they seem willing to meet again, then take advantage of that offer to get something on the calendar as soon as possible. Make a date set a time. But of course. Don't set that time too soon after your initial meeting. Six. Let the relationship grow naturally. So fantastic. You've planted that seed of a relationship. Now you want to let it grow as it normally would. You don't want to push it. This is the start of a relationship. Hopefully ah. Long lasting, mutually beneficial relationship. Don't try to label this person as your mentor just yet. That takes a little bit more time. Be sure to listen to their advice. Apply that advice in your life and let them know how things work out. All right. So lazy German. Pay attention to this one. This one is key. Let me repeat this one more time. Be sure to listen to their advice. Then apply that advice in your life. Take action, make things happen. And then after you've done it and you've put in the effort in time and tried, let them know how things have worked out. Men tours will really appreciate it because it shows that you really listened to them and you've taken the time to implement their advice. Seven. Expect challenging times. That's just the nature of things, right? Real growth requires challenge. We don't really grow without that challenge. Expect your mentor to push you at times. Yes, your mentor is a guide, but they're also there is that parent figure, in a sense. And that parent figure is going to push you in times of challenge throughout obstacles so that you become better tomorrow than you are today and be willing to push yourself and accept criticism for your mentor. Criticism is unnecessary thing. At least constructive criticism is. Listen to that criticism and use it to your benefit. And don't be afraid to ask for feedback. But if you do again, make sure you act on that feedback. And finally, number eight. Don't give up. Stay committed. Mentoring takes time and effort, and throughout that time and effort, you've got those obstacles and challenges. Some people give up way too early and remember, you Onley fail when you give up. So over time, this relationship should benefit both of you. Both you, Andrew mentor in several ways learn from the overall experience because one day you will be the mentor. Most likely, you will have developed the experience, the skills the understanding to mentor someone else, potentially at one point in the future. So I want to leave you here with one important note. Remember Keith Ferocity, the author of the book Never Eat Alone. He made a special point that he doesn't want people to forget, and that is make an effort to identify somehow how you can get back to your mentor now. This might not be obvious at first, but as the relationship grows and as you better understand your mentor, you'll find ways to give back. Make sure you do that. Now that you've taken the time to go through the process of better identifying potential mentors. I want you to get out your identifying a mentor worksheet and looking at the notes that you've taken just recently put that into this particular worksheet real quick. There are one to three examples, all the same information with potential mental number one. Put in that person's name, then what do you like about this person? What qualities do you admire from there? Listening resource is where you can learn more about them thes. Maybe books, Blog's social media, etcetera. Finally, list these three questions that you would like to ask them regarding their advice. Potentially your major, your industry or their lives keep this information handy. So the next time you get ready to meet any of your potential mentors, you'll be ready for that meeting. Okay, so let's recap our eight steps to find the right mentor number one. Identify people that you want to be like to study them. Do your research. Google them. Three. Get that short meeting over coffee or something like that. Remember, 30 minutes to an hour is fantastic for after the meeting. Evaluate that meeting. Did you get a green flag or a red flag regarding them being mentor quality? Five. Follow up with those who you would like to continue a relationship with. Six. Let the relationship grow naturally. Remember, don't push it. Seven. Expect these challenging times. They happen to everyone so you don't give up and finally stay committed. Congratulations, lays German guys and girls. Now you have a much clearer idea on how to find the mentor that you need and you want. Let's get ready for the final section of this core lesson. Mystery question answered 42. Core 7 - Mentors Wrap Up: So here we are at the end of our core lesson on mentors and mental ship. Do you remember the mystery question that I asked you? Well, if we go back to it, I asked that you should ask your mentor or potential mentor. One powerful question. So what is that one powerful question you should ask The answer to. This probably will be different than you are expecting. What you should do is ask the person who you want to be your mentor. One powerful question and this question is really up to you. You want to ask a question where the answer will be meaningful to you and you can apply in your life. I'm not giving you the question to ask. You need to come up with a question to ask, and that question must be meaningful to you and something that you can apply in your life. Now stay with me from there. You need to go and actually implement that advice. You need to take action. You need to do the work. What's powerful here is when you are looking for this potential mentor and you ask them a compelling question, they're going to want to know. Are you listening? And are you going to take that advice? Show them that you are, and that you will listen to them, take action, try your best to make things work, and then go back to them and say, Look, I was a listening. I took your advice and made these things happen. Now, maybe you were successful with whatever this particular question and advice. Waas. Maybe you weren't successful. Maybe you failed. That's okay. The point is, you put in the time and effort to take that advice, and that's a huge stepping stone to that mentor mentee relationship. And don't forget, become the teacher. Is there anybody who could benefit from a mentor that you know any family, younger brothers or sisters? Any friends? What are their thoughts on mentors? Take what you learned here today and have a conversation with these people Also, Is there anybody that you can actually mentor now? Sure, you might not have a wealth of experience or skill sets, but I'm sure you have something that you can give back. All right, that concludes our lesson on mentors. Let's get ready for the next core lesson. Finding the right people to be in your life and excluding the wrong people season 43. Core 8 - Surrounding Yourself with the Right People: Okay, Welcome back to our next coral lesson. I have a question for you. Are you spending your time with the right people? Well, that's our lesson today. It's about surrounding yourself with the right people and not the wrong people. So let's start out as usual with our quote of the day. Surround yourself with good people, surround yourself with positivity and people who are going to challenge you to make you better. In today's lesson, we're going to first as usual. Look at our introduction in mystery question. From there, we'll go onto why friends and acquaintances why you want those specifically the right ones . Ah, we'll go over some simple but good advice for you to take about choosing the right people. Then we'll talk about attracting the right people to you. And finally, we'll go ahead and wrap things up with mystery. Question answered. So let's get right into things as usual. I like you to get out a little bit of paper and a pen or pencil, and we're going to do a little bit of note taking. What I'd like you to do is think of your friends. Think of your family, fellow students and anyone else you spend your time with Now, number one. I want you to think of people you spent time with yesterday. Go ahead and write down their names. Take a minute. Think about it. Who did you spend most of your time with? Yesterday will push pause for a second. That number to think of the people you spent time with, mostly the last week. Write their names down. Remember? Mostly the last seven days. Push, pause. Write down their names. Okay. Finally, think of the people you spend most of your time with. Generally take a look at your paper. Are these the same people do the same names pop up? We'll probably. So now I want you to keep those people in mind. Now you have a list of names. What I want you to do now is limit that list of names to the top five people that you spend time with. Who were they? Go ahead right now. Circle the top five people that you spend time with on a regular basis. Push, pause. Take a moment. Fantastic. Now you have the top five people that you spend time with and you have their names from there. What I wanted to do is take a few minutes right now. Any positive and negative qualities you see in each of those five people. So take person number one. Write down their name and under that name, do like I have here with positive qualities and negative qualities. For example, with positive qualities, you could say this person is honest, responsible and hardworking. Fantastic. Now do they have any negative qualities? For example, maybe someone's arrogant or lazy or cynical, you know, they just have a bad attitude. Take a moment with each of these persons and write down a couple positive qualities. And if they have a couple negative qualities in your opinion, definitely push pause now so you can take time to write these things down. Fantastic. Let's get to that mystery question you've been expecting. Why did I ask you to choose these five people? Any guesses and why would I ask you to list their positive and negative qualities? Well, keep that in mind as we progress throughout this core lesson. Let's recap on what we went over in this little section regarding introduction and mystery . Question number one I asked you Who do you spend most of your time with? Especially recently. Then who were the top five people that you spend time with? What are their positive and possibly negative qualities? Oh, and I can't forget the mystery question. Why these five people? Okay, that's it for this section. Let's go ahead and get ready for the next one. Friends and acquaintances, okay? 44. Core 8 - Why Friends and Aquaintances: So let's talk about why you should have not only the right friends but also the right acquaintances. But before we talk about that, let's look at the differences between friends and acquaintances. What is a friend? Well, by definition, a friend is a person whom one knows and with whom. One has a bond of mutual affection. It should be pretty obvious to everyone what a friend is, however, what about an acquaintance and acquaintances a little bit different than a friend there, a person that you just know slightly and acquaintance to someone you spend time with on a rare basis. You don't really know them that well, so let's talk about friends first. Interestingly enough, research shows that the people who we spend the most time with greatly impacts our thoughts and our behavior, the friends that you're hanging out with and spending time, whether you knew it or not, consciously or subconsciously, they're having an effect on your thoughts and your behavior. Actually, you may be more likely to gain way if your close friend also gains weight and perhaps vice versa. Studies show that happiness is also directly related to our colleagues and our friends which also includes our acquaintances. The people that you hang around with has a direct effect on your smile. Let's talk about seven reasons to choose your friends carefully so you can better understand if you are making the right decisions when it comes to your friends. Number one. Your friends have great influence over you. Friends could bring out the best in you or the worst in you. Their moods and behavior can and will influence your own mood and behavior. Are your friends usually in a good mood or a bad mood? Is their behavior the type that you would want for yourself? Number two. You'll grow with strong willed friends, friends with discipline, Friends with determination and friends with ambition will help you grow simply by being around them. Three. They helped build you up for success. The right friends could encourage you to be persistent and focus on your goals and doing what's right. The wrong friends will put you down, joke about your goals and slow you down on your road to success. You don't want those kind of people. Four. Wrong friends can cause you to be counter productive. Constantly. Negative friends are toxic that's very dangerous. This negatively will distract you and prevent you from growing. It will also start to become a part of how you see the world. So be very careful of people like this five close friends or the secret to living a long and happy life, good friends who are close friends and to your benefit. In many ways, one of the most interesting ones that has a physical effect on you is that these people help you actually live longer. Studies show that people with a large network of friends and a few close friends will outlive their counterparts by 22%. Humans are social animals, and whether you like it or not, people need human connections to thrive. Number six friends can inspire you. The right friends will encourage you to succeed, just as you should do the same with your friends each time a friend takes interest in your life, that gives you a boost to proceed and go further. If your friends never encourage you, then perhaps they're not really your friends and number seven friends conserve as an example to you. What a friend as well accomplishes something of importance or does a good deed. That behavior will serve as an example for you, thus making it more likely you will learn from their experiences and possibly do the same things as they have. Of course, the opposite is also true. If your friends mostly drink beer or play video games, you will probably do the same more so than if you did not know them. How that type of behavior affect your life, your future and your success. But what about acquaintances? Thes air, the people that you are too close to and you don't know that well. It is commonly known that the best way to improve his skill is to practice it and to practice it with someone who is better than you. Whether it's soccer or chess or video games. This translates into your personal and career success. It's important to surround yourself with other successful people, and better yet, those who are more skilled than you this way you're much more likely to learn from these people intentionally and unintentionally. That's really good advice. Choose your friends carefully and choose your acquaintances carefully. And to recap this particular section, we look at the difference between a friend and an acquaintance. Then we looked at the impact of who we spend time with has on ourselves, whether it's intentional or unintentional. We also looked at seven reasons to choose your friends carefully, and we looked at how having the right acquaintances can really benefit you in so many different ways. Okay, let's get ready for the next section. Some simple but good advice. 45. Core 8 - Some Simple But Good Advice: so having talked about why I'd have the right people in your life having talked about friends and having talked about acquaintances, I have some simple but good advice for you that, ah hope youll really consider and put into action into your life. So let's take a look at four particular pieces of advice I think you'll find quite valuable , especially if you implement them. So, starting with number one, spend time with people who are smarter than you. It might be common for people to want to be the smartest person in the room. It happens all the time, but that may only make you feel better. It doesn't really help you grow. It doesn't really help you develop, and it doesn't really help you reach your goals. However, being around smarter people than you can really pay off. These people can consciously and unconsciously challenge us to be better in our thoughts and our behaviors. So look for people who are more skilled. Look for people who are just more intelligent. Look for people who are more successful than you and make friends spend time and surround yourself with those people. Number two get to know people who have already accomplished the same goals that you're looking to accomplish. When you get to know others who have already accomplished things you hope to accomplish, you can learn a great deal from them that you certainly cannot learn from textbooks. In theory, that's the thing about education and university. Generally, it's textbooks in theory, but not necessarily practice. But what you can learn from people who have already gone through the process you're about to go through that could be golden. You can be aware of the tips and tricks to get things done, the people to meet and talk to the best direction to follow and the mistakes to be careful of, since they may have already made those mistakes. This information, as I said, could be priceless. Three. If you can't form relationships with these people than what should you do, make them friends in your head. It may not always be possible to develop relationships with the people who have already accomplished some of the goals you seek to achieve. That's understandable. So what's the next best thing? Find people who have already successfully achieved where you hope to achieve and follow them on social media listen to their podcasts, read their blog's read the books and biographies about these people. Soak up information that's available. Learn from them from afar. That's the idea of friends in your head, not actual friends, but those heroes you can follow from afar And number four. This is really important. Say goodbye to the negative people and the naysayers. Remember that the wrong friends are the wrong decisions. This is especially true with negative people. These individuals are, as I said, earlier, toxic people who always complain, people who make fun of others, people who say you can't or you shouldn't work hard for your goals and doubt your abilities . These people, although they may seem to be friends, don't deserve to be active participants in your life. You should think seriously about ending that friendship. Furthermore, take a look at your own attitude. If you're a person who always complains and looks down on others, you should seriously think about why your attitude is the way it is and change it. Otherwise, you'll become your own worst enemy and will block your own path to success. So I really think this is fantastic advice for you to take in order to surround yourself with the right people and not the wrong people. Let's go over quickly what we talked about. Number one. Surround yourself with people who are smarter than you, more successful than you as well to surround yourself with people who have already accomplished the same goals you want to accomplish. And if you can't find those people than the next best thing is to have friends in your head seek out people who have accomplish those goals that you're trying to accomplish and read more about them. Learn from their successes and their failures. And finally, very important. Stay away from the negative people and the naysayers, those people who don't have faith in what you can accomplish. Disregard those ideas. OK, so there you have it with four pieces of advice. Let's get ready for the next section, attracting the right people 46. Core 8 - Attracting the Right People: now, How do you attract the right people? Well, in order to do so, I want to put you on the right track. And in order to do that, we have a worksheet specifically designed to get you on that track. So if you'll take a moment, get out your worksheet titled and then other than the right people worksheet, I'll give you a second to grab that push. Pause. So we're going to go through out six different steps to help you get on the right track to attracting the right people. Number one asked you to refer back to your goal setting worksheet. Now regarding those goals. Revisit where you want to be in the future. So what are your gold? Look at your short term goals. How about your long term goals? Make a few general notes on today's worksheet in number one of the Gold section regarding these questions. Go ahead and push, pause and make those notes Now. Now, after you've completed number one, let's go over to number two. What types of people have accomplished those specific goals? Go ahead and push pause again and fill out that section. Then let's go on to number three. What qualities, skills and characteristics do you need to get in order to reach these goals and become more like the people you've listed earlier? Make a list of these skills in Section three. Go ahead and push pause again and fill out that section, then on to the next page. Number four. What action? What can you specifically do about getting those skills and attributes list any possible actions that come to mind? If you can't think of something, get on Google again and just simply type in. How do I get this particular skill? Make a list of those avenues that you can take in order to get those skills. So go ahead and push pause again and take the time to research and then write down those actions from there. Let's go to number five. Where do these particular types of people meet? Outside of work, for example, What organizations do they belong to? What clubs? What events do they attend? Where do they spend their time online and offline again? This is going to take some research on your part, but it's well worth it. Get on Google again. Get on the Internet, ask people in the industry. Later. If you have time, where do these people spend their time outside of work? Push, pause again and do the work, then finally on to number six. Which of these organizations that you've identified in number five? Which of these events and which of these places can you involve yourself in which ones interest you the most? Put those into number six. Go ahead and push, pause again and fill out that section. Now you've taken the time to answer number one. Look at your goals to list these types of people who have accomplished those goals. Three. Right down the qualities and skills and characteristics needed to acquire them. Basically, what kind of person do you need to become? Four. What actions can you take in order to realize what's listed above? What can you do to get those skills? Five. Where these people that you've listed in number to spend their time, what organizations and events do they attend? And then, finally six. Which of these organizations, events and places listed above can you get involved in now you know what action to take? Get involved in getting these skills and get involved in being around the same places these people you've identified are joined. These organizations go to these events, take action. Okay, so that was a quick worksheet. Six steps to help you identify and put you on the right track to attracting the right people. Now, don't feel discouraged. It might seem like you can actually get those skills too quickly or meet these people too quickly. But if you take the time to fill out this worksheet as best you can and you take action in order to acquire those skills and to put yourself in the same environment that these other people spend their time, the next thing you know you're going to start attracting the right people. I promise you. So please take this advice, go throughout the worksheet and implement it in your life. Okay, let's get ready for the final section of this course. Mystery question answered. 47. Core 8 - The Right People Wrap Up: Now, here we are, at the end of this core lesson on choosing the right people to be in your life and getting rid of the bad people. I like to end this with the mystery question answered. And if you'll recall from the beginning of this lesson, I asked you to look at the people you spend the most time with the most time you spent with yesterday last week in generally from there, I asked you to choose the top five people that you spend time with. Now you've identified those top five people. And not only did you do that, you identified their positive and negative qualities. So can you guess? Why did I ask you to identify the five people you spend the most time with? And they're positive and negative qualities. Any gases? Well, something pretty interesting happens when you hang out with these particular five people. Jim Rome once said, You are the average of the five people you spend the most time with, and this happens to be scientifically accurate. The people you spend the most time with, they rub off on you. They influence you directly and indirectly. You take on the qualities, both positive and negative, of those five people. Now this may happen quickly, or it may happen slowly, but it still happens to take another look at those positive qualities. Take another look at those negative qualities. Are these positive qualities the ones you want and are these negative qualities ones you want to stay away from? It might seem unfair or a little bit cruel, but the's five people you want to make sure are the people who are going to be making you better for today and in the future. And if they're not, you should do something about that. So consider that seriously. And don't forget once again become the teacher. Now, do you have any friends or family who are hanging around the wrong people? If so, talk to them. Do you have friends or family who are hanging around the right people? Congratulate them and yourself be one of those positive persons, so that those around you will benefit just from your presence. Take what you've learned today and spread the good news. All right, guys and girls, that wraps it up for this core lesson on the right. People stay tuned for the next one, embracing failure and learning from it. 48. Core 9 - Embracing Failure: Ladies and gentlemen, guys and girls, welcome to our ninth Corps lesson. This one is particularly special because it has to do with something that happens to all of us at one point or another in our lives. And that is failure. Yes, we all fell. And when we do, what you want to do is embrace that failure and learn from that experience. Now, let's start as usual with our quote of the day and it goes like this. There is only one thing that makes a dream impossible to achieve, and that is the fear of failure, which we all have at one point or another. But we need to get over that particular fear Today. We're going to start with the introduction and mystery question. Then we'll go on to what is failure and why is failure actually good for you? Then we'll go into an activity called the Failure Toss on this particular activity I find really interesting and I hope you do, too. Then we'll take a look at how toe learn specifically from failure. The steps that you should take in order to gain the most from these experiences and finally , of course, will wrap up with the mystery question answered. So let's get into that mystery question. And the question is, Who is this famous American politician? Let me describe who he is. Number one. This particular person failed in business. He also failed in farming. He also lost running for state Legislature at one point in time. He also then had a nervous breakdown and was rejected for a job as land officer. Now, that's not just it. In addition, he ran for Congress, and can you guess? Failed. He ran for US Senate and then failed. He ran for vice president of the United States and can you guess? Bailed? And finally he ran for Senate again. And what do you think he won? Lost? He failed. Who could this person be? That's the mystery question for this particular core lesson. And as we go throughout, learning about failure, how to embrace failure and how to learn from failure, can you guess who this particular American politician is? Or waas. So to recap, fairly quickly, because this was a short introduction in mystery question, we looked at the details of a famous American politician, specifically his failures, and then the question was Who is this person again? Try to guess and get ready as we get into the next section. What is failure and why is it good for you? Okay. 49. Core 9 - Why Failure Is Actually Good: So what is failure and why is it good for you? Well, let's take a look. But first you might have guessed. Go ahead and get out some paper and a pen. We're just going to do a little bit of writing just a few notes. So once you get out that piece of paper, let's begin. I'll hit Pause real quickly. Okay, let's continue. What is failure? I'm actually asking you. What is your definition of failure? Now hold on a minute. Don't look in the dictionary. I want you to think of your own personal definition as best you can. It can be what you remember from the dictionary or what you learned in life or you heard from your parents. Or it could be your own personal definition. What is failure to you? Go ahead, push, pause and write down one or two sentences defining failure as it applies to you. How about this question? Have you ever failed? Sure. It's an obvious answer. Everybody fails, right? Well, I'd like you to think of a time that you failed. Now the bigger the better. If you have failed Big, Fantastic. So take a moment. Think of some point in your life where you really tried. You did your best, but you failed. Okay? Can you think of something again? Right down that experience in a couple words. Ah. Sentenced to three sentences. It doesn't matter. Just briefly describe that experience of you failing. Okay, I have it. Are you ready? Failure is unavoidable and necessary. Not what you were expecting from me, right? This isn't really a definition of failure, but this is the truth about failure. And this is what I really want you to understand and embrace throughout the rest of this lesson. Number one you can't avoid failing Number two. It's necessary. It's for your own benefit. So are any of you Batman fans by chance, I'm not necessarily a fan, but I have seen the movies and in one of the movies, I don't remember which one Bruce Wayne or Batman as a child happened to fall down. And his father had a lesson for him. And he said, Son, why do we fall so we can learn to pick ourselves back up? That's brilliant. To me, failure is the foundation that learning is based upon. Think about how many times you had to fall in order to ride a bike. How many mistakes you needed to make in order to learn a new skill? How about to become a master at that skill? Imagine how many times you need to fail. Then you shouldn't think negatively about failure because it's unavoidable. It's necessary, and it has several benefits that you should keep in mind. And what are those benefits? Well, let's look at eight of them. Here's eight reasons. While failure is good, number one embrace failure because, as I already said, everyone fails. Beware of social media. Ladies and gentleman people post on lee the highlights of their lives and enhance the images and stories to make them look even better than they are. Your Facebook feed can make you feel like a lesser of a person because you might not feel like you have the life you should. But s and s isn't reality, right? Everybody struggles and fails thes failures or reality checks and teach us a little humility. Without failure, we might not reflect on our lives and appreciate what we have. And we'll see later. Appreciation is a key to happiness. Number two failure makes you dig deeper and reach new understandings Without failure, we might not reflect on our lives and appreciate what we have. Failure helps us reflect on the journey of life and what we want and where we're going. This reflection opens up new solutions to the problems we face. New opportunities arise. Number three failure emboldens the mind making you stronger. Frederick Douglass once said that without struggle, there can be no progress. And how true is that every person who is truly successful in which it was not given to them by family or handed to them in some way has gone through some degree of difficulties. It's these difficulties that make people stronger and push them to realize their goals. Number four through failure, you learn life lessons that can be learned from success. If you were always successful and never failed, what would you really learn? This idea is, of course, related to other reasons on the list, but it's something to remember when you're faced with failure. In the future, you'll find yourself possibly deciding to continue or to give up what will be your choice and why Number five failure makes you search for new ways of doing things Thomas Edison is famous for failing over 10,000 times to invent a commercially viable electric light bulb, but he never gave up. He viewed each failed attempt as a learning experience. Finally, after persistence, he invented a stable working light bulb that changed human progress everywhere. Quite often, we need to work hard and continue to struggle before we solve. The puzzles were working on number six. Failure makes you more empathetic to the plight of others. Failure helps you better understand others unfortunate situations. If you've experienced a similar struggle as someone else, then you can empathize with them much more and better. Understanding people and the situations in the world leads to better connections with others and a better sense of morality and ethics. And we need these things to build better futures for ourselves or Children and those around US. Number seven. Knowing that it's okay to fail allows you to take more risks in life. Remember at the beginning of this lesson we saw a quote. There is only one thing that makes a dream impossible to achieve the beer of failure. Well, fear at least irrational fear is your biggest enemy in so many things in life, the fear of public speaking, the fear of talking to that girl or boy you like fear of asking questions, fear of trying something new, fear of being successful. It's a much bigger risk to not try than to try. And now that you know that failure is a teaching tool, you may become more ready to take on bigger yet smarter risks that lead to success is. And finally, success tastes far sweeter after major failures, you may have heard of saying similar to How can you appreciate the good without first knowing the bad? Or you can't appreciate the light without the dark. If you rarely fail and only have small failures, then you will not really enjoy your successes. However, the opposite is true. Once you've struggled, failed and then succeeded, that moment will be like no other. It will feel fantastic, and it will motivate you to continue developing yourself mawr into who you want to be, therefore, to wrap things up on what is failure and why is it good for you? Well, we looked at how to define failure. I asked you to define failure for yourself. Then I told you the simple truth about failure, that it is unavoidable and necessary. And finally we looked at the eight reasons that failure is good. So having said that, let's get ready for an interesting activity called the failure toss in the next lesson coming up. 50. Core 9 - The Failure Toss: Now let's get ready for our activity titled The Failure Toss and this is, Ah, pretty interesting activity that's going to help you reflect on the failures that you've made and the wisdom you've taken from these failures. So let's get going. But before I begin, I'd like you to get out. Not one, but two of your worksheets for today's lesson. The 1st 1 is titled The Failure Toss Activity, and the 2nd 1 is titled Your Failure Toss. Reflection Worksheet. Please get those two out before we begin. Go ahead and push, pause and come back after you have those two sheets ready. Look again at your definition of failure that I asked you to define in our previous lesson . And if you look up here, I've got a few examples of failure that maybe our definitions from other people. Let's read those real quickly. Number one up here. Failure is when we don't match up to the expectations we have of ourselves. Good. That's a good definition. Do you agree or disagree? The next one here is failure is when we can't meet the goals we set for ourselves, all right, that's a decent definition of failure Maybe both of these are true in their own ways. How about the 3rd 1? I don't think there's a thing like failure because we always learn from our mistakes. You know, that's a really positive attitude on failure itself. Do you agree or disagree with that definition? Whatever your definition is, I'm curious. What are your particular failures? So let's get out your first worksheet titled Failure Toss Activity Worksheet. Now, if for some reason you don't have this, this is also doable on a piece of paper. But it's better if you have the one I've provided. And don't forget your pencil or pen. Once you've got that work, she ready. Go ahead and divide the worksheet down the center, folded vertically in half, creating two columns as you can see in the image on your screen. Now you can see on the top left we have a column called Failures and in the Top right. We have a column called Wisdoms. Now I'd like you to list your failures in the left hand column, for example, Failure 123 and four. Go ahead, push, pause and fill out this left hand column. Okay, now that we're back. I'd like you to reflect on each failure. And what wisdom? What lesson do you feel that you've taken from each failure? I'd like you to list those wisdoms on the right hand side that correspond with each failure . Take a moment here, push, pause and complete the right hand column. Now that you've completed both columns, I'd like you to do this. That lying going down the center. I'd like you just to rip it in half carefully. Of course. So it's a clean cut, but separate both of these sides. Separate this paper into two halves. Okay, take a moment. Push. Pause. Do it quickly. From there, you have four choices I'd like you to make. Think carefully about these four. Number one thinking about your failures in your wisdoms. Would you like to number one? Keep both your failures and your wisdoms. Number two. Throw away your failures and keep your wisdoms Number three. Throw away your wisdoms and keep your failures or number four throwaway. Both your failures and your wisdoms. What would be your personal choice? We're going to push pause of one more time so you can give it some thought. Okay. Now If you chose to throw away something, ball it up and throw it away in the trash. Just get rid of it. Go for it. Do right now. Throw it away. All right. I like you to look at your failure. Toss reflection, worksheet and answer these three questions. Number one. What choice did you make? Go ahead and write it down in the space provided under number one. That's an easy answer, right? You just made it Number two. Why now? Here's a little bit more difficult. Question. Why did you make that decision? Write it down in the space provided in number two and explain as best you can. Why you made that decision and then number three, what is the life lesson in this experience? Now, this is what you feel you've gotten from this exercise. Philosophical or not, what do you feel is the potential life lesson that this exercise could provide you as an individual? You specifically and that is the failure tossed exercise. You might see the value in its moment or you might not. And if you don't, you might see the value in it. In the near future, we'll see. So wrapping up the failure toss. I asked you to get out your to work sheets, your failure toss worksheet and your reflection worksheet. And you made a choice one of these four choices of what to do with your failures in your wisdoms. And then you filled out your reflection worksheet, and we might come back to this at some point in the future. Having said that, let's get ready for the next lesson. How toe Learn from failure. 51. Core 9 - Learning from Failure: Now you know how to embrace failure. But how do we learn from failure? Well, what you need to do is put in the effort to do so before we begin on the steps on learning from failure. What I want you to do is keep in the back of your head. Keep in mind the failures that you've made maybe specifically, the bigger failures that you've made and think about these as we go throughout these next few steps toe. Learn from failure. You want to do five things in this order. Number one. Take responsibility to identify the cause. Three. Evaluate your thinking for research it and five documented. Let's go throughout each of these in a little bit more detail. Number one. Take responsibility. Recognize that you felt that's not difficult, however, whose fault was it? Don't complain. Don't blame others or situations that air out of your control. If you mentally take responsibility and you own that failure, then you'll become mentally stronger and better prepared to prevent failure or better prepared for the next time failure happens. Here's some quotes that you might like, I sure do from the famous Jim Rohn, he said. You must take responsibility. You cannot change the circumstances, the seasons or the wind, but you can change yourself. Lou Holtz quote unquote. The man who complains about the way the ball bounces is likely to be the one who dropped it . And number three George Washington Carver. 99% of all failures come from people who have a habit of making excuses. Don't make excuses. Don't complain. Own your failure number to identify the cause quite often. The cause of failure is not one particular situation, action or decision. It's usually a combination of decisions that were made over time. Look back on what decisions you made and which ones have contributed to the final result of failure and document. Write it down. Document every decision, working backwards until you reach the point that ultimately became the road to failure. Number three. Evaluate your thinking. Try to recall number one how you imagined how things would turn out and to how things actually turned out. What was your vision of success and what was reality? Ask these questions where my goals reasonable and attainable. Did I make a mistake in setting my goals? Did I make accurate assumptions about my capabilities and the challenges. Did I make a mistake in judging the situation? Did my strategies make sense? Given the circumstances and goals? Did I make a mistake in charting my course and choosing my methods? How logically organize, feasible and complete was my plan. Did I make a mistake in creating the plan and did my team? Colleagues Friends were just myself. Did I follow the plan? Did I make a mistake in execution? All of these really important questions to ask and to answer four. Research it research how similar situations were dealt with by others. This will help you see what obstacles they faced and how they tried to overcome them. What can you learn from others? Situations. Take notes on what you learn. Remember, there's a wealth of knowledge out there in books and online. You can learn from the best of the best from the successful