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Digg it UP - 7 Reasons You ARE Your Own Best Product, or Lessons From the 2004 Presidential Election
The Importance Of Psychology In Trading
Psychology!How much really is important for trading? With one word : very! Not only it affects all our decisions and mood but it could lead us to extreme situations. The reason I am writing this article today is because it is my nominal celebration and one of great celebrations for Christians who are Orthodox like me.So as I went early in the morning to the church a lady who knows me as she was a long time ago one of my family tenants gave me unexpectadly a rose!A move so sincere and kind that surely made my day a whole lot happier! Will I trade today?Probably not because I cannot get concentrated due to phone calls.But do I feel inside me ready from all aspects to trade? Did I say all aspects?What are those?At least the most important ones.Lets make a list :1.I do not feel sad,upset,angry,furious,anxious,disappointed with any issue of my life. 2.I do not have to rush anything because I have a strict plan and I follow it so if no trade comes up no trade. 3.I am concerned with a topic that could cause me either overjoy or instantly a hunch and will make a wrong trade,a silly one. 4.I do not feel pain or are sick from whatever reason 5.I do not have to prove anything!Not to myself not to my family,friends.Trading is not abou
s to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can dPsychology!How much really is important for trading? With one word : very! Not only it affects all our decisions and mood but it could lead us to extreme situations. The reason I am writing this article today is because it is my nominal celebration and one of great celebrations for Christians who are Orthodox like me.So as I went early in the morning to the church a lady who knows me as she was a long time ago one of my family tenants gave me unexpectadly a rose!A move so sincere and kind that surely made my day a whole lot happier! Will I trade today?Probably not because I cannot get concentrated due to phone calls.But do I feel inside me ready from all aspects to trade? Did I say all aspects?What are those?At least the most important ones.Lets make a list :1.I do not feel sad,upset,angry,furious,anxious,disappointed with any issue of my life. 2.I do not have to rush anything because I have a strict plan and I follow it so if no trade comes up no trade. 3.I am concerned with a topic that could cause me either overjoy or instantly a hunch and will make a wrong trade,a silly one. 4.I do not feel pain or are sick from whatever reason 5.I do not have to prove anything!Not to myself not to my family,friends.Trading is not abou
Creating A Vision - Bringing Your Dreams Into Reality
Do you have some goals you want to achieve or dreams you want to fulfill? A useful tool in reaching the outcomes you desire is the creation of a vision, which can be short or long-term. I recommend writing down specifics to add clarity and focus.What is a vision?Here's one definition by Thomas Leonard.“It is a state or outcome that a person can see naturally and that inspires them. In other words, they are drawn, attracted, and pulled toward what they see. It's exciting, and there is very little emotional cost. In fact, joy is often present. It's not a reason for living." Visions evolve and change over time reflecting who you are - your passions, values, needs, and desires.*Visions evolve and change over time reflecting who you are - your passions, values, needs, desires etc.*Powerful VisioningWritten as a story, single sentences, drawn as a picture, a collage... visions can take whatever shape is most meaningful to you. The point? Here's a few....1. How do you know what you want if you don't define it?2. How will you know when you get there if you don't know where there is?3. By putting things down on paper, makes what you think or say - REAL.4. Saying and se
The 2004 election is over--at least in the minds of the public--and analysis runs rampant as to why Senator John Kerry lost. From a business viewpoint, one could say that he simply didn't sell the product. Or more accurately, he didn't sell the American voters on himself, and by extension the Democratic Party, as the product. We all remember phrases such as "This is the wrong war in the wrong place at the wrong time" and "I voted for the invasion of Iraq before I voted against it."Do you have some goals you want to achieve or dreams you want to fulfill? A useful tool in reaching the outcomes you desire is the creation of a vision, which can be short or long-term. I recommend writing down specifics to add clarity and focus.What is a vision?Here's one definition by Thomas Leonard.“It is a state or outcome that a person can see naturally and that inspires them. In other words, they are drawn, attracted, and pulled toward what they see. It's exciting, and there is very little emotional cost. In fact, joy is often present. It's not a reason for living." Visions evolve and change over time reflecting who you are - your passions, values, needs, and desires.*Visions evolve and change over time reflecting who you are - your passions, values, needs, desires etc.*Powerful VisioningWritten as a story, single sentences, drawn as a picture, a collage... visions can take whatever shape is most meaningful to you. The point? Here's a few....1. How do you know what you want if you don't define it?2. How will you know when you get there if you don't know where there is?3. By putting things down on paper, makes what you think or say - REAL.4. Saying and se
Imagine if Bill Gates took to the airwaves and said, "We're against business. Our aim is to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can do
Create Your Methodology Based on a Standard Framework (Part2)
In the previous article I explained why it is a good idea to create a methodology based on a standard framework and highlighted the criteria to choose the most convenient one. In this article I will give some tips for the adaptation and documentation of the methodology.Understand the frameworkOnce a framework has been chosen it is time to start building the methodology. The first step is to acquire a general understanding of the framework, a holistic view of its components. You must have a clear idea of its scope and boundaries. It might be useful (if you already have some formal processes in place) to carry out a mapping of your processes to the standard and perform a gap analysis. This is not necessary if you approach the project as a reengineering project, building the new processes from the ground up.Build a roadmapOnce you have a clear vision of the standard framework's scope and your current situation, you have to define where you want to get (the scope of your methodology). This means that you must have a clear vision of your organization once the new methodology is in operation. You might find that some processes do not apply to your organization or are too sophisticated for your needs.Be realistic. Take into consideration
point, one could say that he simply didn't sell the product. Or more accurately, he didn't sell the American voters on himself, and by extension the Democratic Party, as the product. We all remember phrases such as "This is the wrong war in the wrong place at the wrong time" and "I voted for the invasion of Iraq before I voted against it."In the previous article I explained why it is a good idea to create a methodology based on a standard framework and highlighted the criteria to choose the most convenient one. In this article I will give some tips for the adaptation and documentation of the methodology.Understand the frameworkOnce a framework has been chosen it is time to start building the methodology. The first step is to acquire a general understanding of the framework, a holistic view of its components. You must have a clear idea of its scope and boundaries. It might be useful (if you already have some formal processes in place) to carry out a mapping of your processes to the standard and perform a gap analysis. This is not necessary if you approach the project as a reengineering project, building the new processes from the ground up.Build a roadmapOnce you have a clear vision of the standard framework's scope and your current situation, you have to define where you want to get (the scope of your methodology). This means that you must have a clear vision of your organization once the new methodology is in operation. You might find that some processes do not apply to your organization or are too sophisticated for your needs.Be realistic. Take into consideration
Imagine if Bill Gates took to the airwaves and said, "We're against business. Our aim is to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can d
Concrete Curb Business Opportunities
With the property market beginning to show signs of slowing, many investors are on the lookout for other investment opportunities. The stock market has tremendous potential for those who understand it, but some people still feel more comfortable putting their money into more tangible things. A concrete curbing business is one such alternative for those who are looking for a hands on investment.Concrete curbing businesses are beginning to establish themselves as good solid investments. Essentially, the business requirements are concrete, a concrete curbing machine and labor. The concrete is obviously only purchased as required and due to the simplicity of concrete curbing, very little instruction is needed, allowing many to work the business themselves. Basically, for most people the initial outlay is only that of the concrete curbing machine. As http://www.concrete4curbs explains, most concrete curbing machines fit quite easily on a small box trailer and can then be towed to each site by your vehicle. Few ventures can claim to have such a low barrier to entry, and in the current economic climate, the future of concrete curbing does look quite good.In fact much of the reason for the positive outlook that concrete curbing enjoys is because more people own
the Democratic Party, as the product. We all remember phrases such as "This is the wrong war in the wrong place at the wrong time" and "I voted for the invasion of Iraq before I voted against it."With the property market beginning to show signs of slowing, many investors are on the lookout for other investment opportunities. The stock market has tremendous potential for those who understand it, but some people still feel more comfortable putting their money into more tangible things. A concrete curbing business is one such alternative for those who are looking for a hands on investment.Concrete curbing businesses are beginning to establish themselves as good solid investments. Essentially, the business requirements are concrete, a concrete curbing machine and labor. The concrete is obviously only purchased as required and due to the simplicity of concrete curbing, very little instruction is needed, allowing many to work the business themselves. Basically, for most people the initial outlay is only that of the concrete curbing machine. As http://www.concrete4curbs explains, most concrete curbing machines fit quite easily on a small box trailer and can then be towed to each site by your vehicle. Few ventures can claim to have such a low barrier to entry, and in the current economic climate, the future of concrete curbing does look quite good.In fact much of the reason for the positive outlook that concrete curbing enjoys is because more people own
Imagine if Bill Gates took to the airwaves and said, "We're against business. Our aim is to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can d
How's Your Head?
Right now, as you're reading this article, notice something. Do you have a headache? No? Did you notice that you didn't have a headache until I asked that question? Stop for a minute and appreciate the fact that you don't have a headache. Celebrate that your head feels good.Do you find that a little goofy? Yet it's usually only when our head hurts that we wish we'd remember what it feels like not to have a headache. Only when we feel lousy can we appreciate what it's like to feel well.That's not a lot different than the way we view our companies or organizations - or really, our lives. We don't really think much about the things that are going well until something happens to throw us off our game. At that point we need a quick fix so we can get back to taking the health of our bodies or our organizations for granted.What might we do to maintain our health, whether that's our physical health or our organizational health? What might we do right now - today - when we don't have a headache, to ensure we won't get one - or at least to have a plan if we do?Charles Handy talked about the Sigmoid Curve concept in his book "The Empty Raincoat" where he said "...by the time you know where you ought to go, it's too late to go there, or, more dramatica
or the invasion of Iraq before I voted against it."Right now, as you're reading this article, notice something. Do you have a headache? No? Did you notice that you didn't have a headache until I asked that question? Stop for a minute and appreciate the fact that you don't have a headache. Celebrate that your head feels good.Do you find that a little goofy? Yet it's usually only when our head hurts that we wish we'd remember what it feels like not to have a headache. Only when we feel lousy can we appreciate what it's like to feel well.That's not a lot different than the way we view our companies or organizations - or really, our lives. We don't really think much about the things that are going well until something happens to throw us off our game. At that point we need a quick fix so we can get back to taking the health of our bodies or our organizations for granted.What might we do to maintain our health, whether that's our physical health or our organizational health? What might we do right now - today - when we don't have a headache, to ensure we won't get one - or at least to have a plan if we do?Charles Handy talked about the Sigmoid Curve concept in his book "The Empty Raincoat" where he said "...by the time you know where you ought to go, it's too late to go there, or, more dramatica
Imagine if Bill Gates took to the airwaves and said, "We're against business. Our aim is to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can d
Advertising And Its Purpose
However adverts are used to gain much more purposes. An organization usually sponsors media advertising to convince consumers that its products will benefit them. However this is no the sole motivation behind sponsoring advertisements. Some are merely intended to inform but not persuade. For whatever reasons the advertisement is made it is meant to affect the consumer in the process spawn benefits for its sponsor. It must therefore be made in such way as to make achievement of its purpose highly. Its impact on consumer should lead consumer to the action that is favourable to advertiser. Large--scale efforts are made, often with impressive success, to channel consumers unthinking habits, purchasing decisions and thought processes by the use of insights gleaned from psychiatry and social sciences.Advertising is meant to have a serious economic purpose. It is meant to provide information about products to the consumer who can then make buying decisions. It is meant to allow producers to invest in their brand equity which in turn protects consumers because it means that any drop in product quality has disastrous financial consequences for the consumer to buy better. If advertising is to be effective and handled with maximum efficiency it is necessary to know what i
s to completely sandbag business [N.B.: some Microsoft foes may quip that he's succeeded.] But even though we're anti-business our software can do business better than our competitors' products. So buy Microsoft even though we're anti-business."However adverts are used to gain much more purposes. An organization usually sponsors media advertising to convince consumers that its products will benefit them. However this is no the sole motivation behind sponsoring advertisements. Some are merely intended to inform but not persuade. For whatever reasons the advertisement is made it is meant to affect the consumer in the process spawn benefits for its sponsor. It must therefore be made in such way as to make achievement of its purpose highly. Its impact on consumer should lead consumer to the action that is favourable to advertiser. Large--scale efforts are made, often with impressive success, to channel consumers unthinking habits, purchasing decisions and thought processes by the use of insights gleaned from psychiatry and social sciences.Advertising is meant to have a serious economic purpose. It is meant to provide information about products to the consumer who can then make buying decisions. It is meant to allow producers to invest in their brand equity which in turn protects consumers because it means that any drop in product quality has disastrous financial consequences for the consumer to buy better. If advertising is to be effective and handled with maximum efficiency it is necessary to know what i
Even all of Bill Gates' millions couldn't stop stockholders from hauling him before a Wall Street firing squad. Die-hard Windows lovers, like true blue Democrats, would continue to support Gates nonetheless. They might even do it to spite Apple Computer, the way so many Kerry voters chose to support Kerry because he wasn't Bush. "The Uncola" slogan worked for 7-Up, but that's the exception. Most successful business enterprises win loyalty by telling customers who they
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