Business owners often talk about the continual struggle for success, and there's no doubt about it, it does take courage, persistence and tenacity. If you think there's an easy route, it's time to wise up and knuckle down.
But, with today a day of remembrance in many countries, it pales in significance when you consider the struggle and hardship experienced by those who have fought and often died or sustained serious injury in war, with far greater risk at play, and far less potential personal benefit. We remember and salute you.
The point for us is, the freedom to pursue personal success, wealth or whatever your personal motivations might be, has been hard-won by those willing to sacrifice all they had. Not for them the lame excuses and can't-do attitudes that cripple many people's aspirations, hopes and dreams.
In my opinion, the greatest respect we can give them and the greatest Act of Remembrance is to take full advantage of the freedoms they have won, quit making excuses and blaming other things like the economy, the weather, or the people around us for our current state or lack of progress, and tirelessly, relentlessly and respectfully pursue our dreams, and help others pursue theirs.
Why? Because, thanks to them, we can. Because in doing so we benefit those around us and help build a greater society for the future. Because We Remember Them. Until next time... To Your Success!
Opportunities sometimes happen when we least expect them. They float to us like a feather on the wind. If you try to grab a feather out of the air too fast, the wind created by your hand will push the feather away. Try it and you'll see what I mean. But if you reach up slowly and carefully the feather will come into your hand with little effort on your part. Opportunities are like feathers. Keep your velvet gloves on ready to catch the next one!
Jane, Jim, Suzy, Bill and Bob live on an island. They need to collect coconuts for food. In order to spur competition they decide that at the end of the day, whoever collects the most coconuts will get half of all the coconuts collected. Jane collects 4 coconuts
Jim collects 6 coconuts
Suzy collects 8 coconuts
Bill collects 10 coconuts
Bob collects 12 coconuts At the end of the day, Bob has collected 3 times more coconuts than Jane, and 1.5 times as many as the median (8). Everyone puts half of their coconuts into the pool and keeps the other half. This puts 20 coconuts into the pool and leaves Jane with 2 coconuts, Jim with 3, etc. Since Bob gets the half that went into the pool, Bob ends up with 26 coconuts to Bill's 5. Bob now has 6.4 times the median (4). Jane has 2 coconuts
Jim has 3 coconuts
Suzy has 4 coconuts
Bill has 5 coconuts
Bob has 26 coconuts The competition did encourage people to try harder, thus resulting in more net coconut collection than if there had been no competition, however, it's likely that everyone except Bob ended up with fewer total coconuts at the end of the day. Bob likes the competition and chides the others for being such inferior coconut collectors. Bob touts his superiority by noting that he has "earned" more coconuts than all of the rest of them combined. Bill notes that if everyone would try harder, they could all be like Bob.
The point is that this is effectively how income in America and most economies works, except most people don't understand that part of their income goes into a pool and how it gets allocated to the super-rich.
I'll be going into this in much more detail in my upcoming article on capitalism, but where people in America get very confused on the issue of income is in not understanding how high end incomes are amplified.
What we have in America is what I call a "semi-meritocratic aristocracy", which is an aristocracy whose position, wealth, and power is partly based on merit. The people at the top economically are generally the most meritous, but the issue is that their wealth is still grossly exaggerated by redistribution.
This is where people have problems when you get into a discussion of income distribution. Most people get hung up on thinking that the incomes of the super-rich are either totally undeserved or they are totally deserved, but neither of these are the case.
As in the example, Bob did collect the most coconuts, he was the "highest earner", but yet the end result of the system was to greatly amplify Bob's reward at everyone else's expense. Even though he was the highest contributor, he wasn't exponentially higher than the rest, yet that's the result of the system, and that's exactly what's going on in our economy as well, where the people at the top (for sake of argument) should generally be the people at the top, but they are nevertheless still receiving extreme bonuses in compensation that over-exaggerate their actual contributions.
As a result, they are getting far more than they are contributing. The idea that "if we all created as much value as Bill Gates, then we would all be as rich as Bill Gates" is as much as fallacy as Bill thinking that if they all collected as many coconuts as Bob that they would all have as many coconuts as Bob got. If everyone collected 12 coconuts then they would each have 12, not 26. Bob got 26 through a system of redistribution.
The excerpt below is designed to help bring out your INNER ROCK STAR ~ Find out more at MargaretMLynch.com
Even though this is scary, part of me knows I have something huge to give! Even though I get insecure, part of me is exploding…I'm meant to do something BIGGER! Even though I have so many vows that stop me from being the REAL BIG me, dang it, I am sick of being stuck, sick of being locked in a box! I want OUT! Tapping through the points Yes, I am kind of afraid, but I really want this! Yes, it's scary but I am done waiting I have a huge mission and it's calling me! I have wanted bigger reward, bigger results, bigger money for a long time That is also the honest truth! I have a gift and I have only let some people see it And I LOVE giving that gift…it is truly MY GIFT ! I am meant to give it I really DO want to give it and I really do want my dreams! I am not perfect and I might fail…so what! I am doing it anyway I am nervous and worried about judgment, so what! DANG IT! I am doing it anyway I am going for it with all my brilliance, desire and power I am going for it with the absolute LOVE in my heart for sharing my gift I am going for it because I can't NOT go for it anymore This is my time now, MY TIME TO SHINE I want it, I deserve and I do have what it takes And I'll figure out the rest when I get there… I am stepping into my rock star quality and it's AWESOME!