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How to Keep Your Promises

By Early To Rise

Issue #2521

  • WEALTHY: 3 ways to protect your stock investments (Andrew Gordon)
  • HEALTHY: 2 ab machines vs. plain old crunches (Craig Ballantyne)
  • WISE: Alan Simpson on integrity

ALSO IN THIS ISSUE:

  • 5 steps to keeping your integrity intact (Bob Cox)
  • Fried, roasted, and smoked (Anna Bonjour)
  • It’s Fun to Know… why Israelis eat more turkey than we do
  • Add “connubial” to your vocabulary


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A Market This Ruthless Requires Attention

By Andrew M. Gordon

I’ve never seen the market so ruthless and so volatile at the same time. Wall Street is pouncing on weaknesses in sectors and companies. And because of the huge swings the market is making on a daily basis, when it attacks it really ATTACKS. Companies that had been fairly stable are going down 5-10 percent in one day… 30-50 percent in one week.

Some investors like to swim in calm water but hate to swim when it gets choppy. Is that you? Then get out of the market. No need to put yourself through this if it’s ruining your sleep. But there are things you can do to protect your individual stock investments against all this white water.

Independent due diligence. There’s more reason than ever for companies to hide the truth from you these days – because with the market falling on its face, the truth isn’t pretty. Instead of talking about dropping demand and lowering prices, companies talk about new and exciting products… or maybe upgrades they’ve made to their equipment… anything to distract you from the grim reality they’re facing. Rely only on your own research and the research of people/experts you’ve grown to trust.

Periodic reviews. You need to review your portfolio not every spring… or every quarter… but every month. Are you invested in “dead-man-walking” sectors like the auto industry? Restaurants? Retailers (except Wal-Mart)? Even Google has lost its luster. Things are changing from month to month… not year to year. You have to adjust.

Look before you buy. In the past, when you went into your portfolio to buy more of a company, you probably did so because its shares were rising. But if you want to buy more of a company now, you have to review its latest developments first. For example, most solar stocks had great quarters last go-around. This time, it promises to be a lot tougher. Again, markets are changing fast.

It all adds up to more work for you. That’s the price you pay for being in the stock market these days. Set aside one evening every month to review your portfolio. And pour yourself a glass of wine before you sit down. You may need it.

[Ed. Note: The corporate world is having a tough time, but you can still make money if you pay attention to the "red flags" - signals that can predict (with as much as 92 percent certainty) when a company's stock is going to tank. Know that, and you could make a bundle. Find out how to spot these red flags right here.]

 

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If you have integrity, nothing else matters. If you don’t have integrity, nothing else matters.

Alan Simpson

How to Keep Your Promises

By Bob Cox

Let’s say you are organizing your company’s big end-of-year conference. You’ve invited 50 of your company’s best clients and 25 prospective clients. If all goes well, the conference could bring in millions of dollars in sales.

You put together a team of people to help you with preparations. And you interview a dozen more before choosing “Jeff” to handle all the event details. He makes a very compelling pitch. He knows the best audio-visual teams in town. He has contacts with the best caterers. And he knows the perfect designer to create your banners and signs and brochures.

You check in with Jeff every week – and each time, he assures you that the planning is right on schedule…

But you start to get worried when you aren’t seeing results. Turns out, Jeff is swamped with other events he has to plan… and he’s pushed yours to the bottom of his pile. With only a few weeks left, you fire Jeff and find someone new. Of course, there’s no way you’ll hire him again – or recommend him to anyone else.

Building a solid reputation (in business or personally) requires diligent and consistent action. It can blow up in an instant. No matter your past accomplishments, one unfortunate incident can ruin it all.

And it doesn’t take a major violation – stealing, embezzlement, or fraud – to call your integrity into question. Distrust raises its ugly head in small ways, too. And breaking a promise – whether it’s failing to follow through on a project or canceling a lunch meeting at the last minute – is dishonorable in its own way.

MaryEllen Tribby, Publisher and CEO of Early to Rise, recently wrote about a lunch meeting she’d set up with a former protege who had moved on to start her own consulting business. MaryEllen made time in her busy schedule for the appointment. Yet, while making a routine follow-up call to confirm the date, she found that the young woman had forgotten about it completely. She’d never even put it on her schedule. Needless to say, MaryEllen’s opinion of her took a nosedive.

A scheduled appointment is an obligation to be taken seriously. You cannot build a solid reputation if you honor only the commitments that are convenient for you… yet expect others to honor all of theirs.

Promises mean a lot. They suggest appreciation, value, empathy – and, when fulfilled, give pleasure. In a very real sense, promises are a time-debt to be paid. If you create the obligation (promise), it is a debt you must honor.

Here are some techniques for keeping yours…

Promise-Keeping Technique #1: Make your promises sparingly.

Think twice before making too many promises.

Promise-Keeping Technique #2: Make realistic promises – promises that you are capable of completing.

It is easier to keep a promise when it involves doing a small task. But even if the task is larger and harder to finish… it’s still a promise.

Promise-Keeping Technique #3: Make promises that are important – to you.

Ask yourself, “Will this promise keep me on track for completing my goals? Will honoring this promise advance my career?” If there is no value in the promise for you, it will be easier to break.

Promise-Keeping Technique #4: Make your promises honestly.

If you are making promises simply to please people… you will end up over-scheduling yourself and slowing your progress in achieving your goals.

Be honest. Know that breaking promises will erode your trust in yourself. Get in the habit of keeping promises, especially the ones you make to yourself.

Broken promises result in missed opportunities, resentment, and anxiety. Furthermore, broken promises can lead to damaged friendships and loss of business. Everyone loses when you break a promise that the other person was relying on before they can take action.

Most people don’t mind the occasional broken promise, with a reasonable explanation or heartfelt apology. However, the most successful people I know value the promises they make and keep their promises faithfully. It is a matter of integrity and personal honor.

We are all busy. And with time being so limited, nothing is more important than quickly building solid relationships with your coworkers, partners, friends, family, customers, and vendors. Broken promises will destroy your credibility with them.

Promise-Keeping Technique #5: Make and keep ONE promise a day.

I want you to try to honor just one promise a day. If you can do that, in just a year you will have positively impacted 365 people. That is far better than trying to please 10 people a day by making promises you can’t keep and end up pleasing none.

And I want you to make and honor one promise a day to yourself, too. Then watch how a week of seven promises kept… turns into a month of 30 promises kept… and then a year of 365 promises kept. Write them down in your daily planner and put a “star” next to each one kept. By the end of the year you will see a constellation of success… and will have developed a habit that will keep rewarding you throughout your life.

I pride myself on making promises sparingly and keeping them faithfully… including the promises I make to myself. For instance, about three and a half years ago, I set a goal to obtain my private pilot’s license. At the time, I had no idea it would be as hard as it was to accomplish, cost as much as it did, or take so much time to complete.

I had to keep reminding myself that this was a promise to me. I needed to honor that promise to maintain my own self-esteem, so I persevered. (And let me tell you, it was a very lonely and frustrating process.)

However, I did earn my private pilot’s license. Not only that, I purchased an airplane, and I have set two world airspeed records.

When I fly, the feeling of wonder and freedom is at times overwhelming. The joy is indescribable. In fact, my co-pilots and I often say to each other: “Don’t you wish everyone you know and love could have this incredible experience?”

You can achieve almost any goal, personal or professional, you set for yourself. It may take more time than you expect, cost more money, or even challenge your belief in yourself. But you can make it happen. I’ve done it. So can you!

Begin today by making and keeping one promise to another personand one to yourself.

[Ed. Note: Success mentor Bob Cox - who has worked with four billionaires during his career - strongly believes that keeping promises, to yourself and others, is critical to the achievement of your goals. Learn 3 more powerful but surprisingly simple success strategies from Bob Cox right here.

Bob can also give you the "insider secrets" that helped four Average Joes become billionaires. Best of all, you can master these billionaire success techniques in just 30 days. Learn more here.]

 

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The Surprising Truth About Those Late-Night Infomercial Gadgets

By Craig Ballantyne

Believe it or not, one of my favorite ab exercises uses one of those cheap infomercial gadgets, the “Ab Wheel.”

You can pick one up at Amazon.com or Wal-Mart for under 20 bucks, and it works your abs hard without having to do crunches.

But what about the other ab gadgets you see advertised on TV?

Researchers (from the Mayo Clinic, of all places) tested the “Ab-Slide

(a contraption that’s similar to the Ab Wheel), and compared using it to doing ab crunches, supine double-leg thrusts (seated knee tuck-ins), and side planks.

Ten young men and 12 young women did all the exercises. And the researchers found that the Ab-Slide worked the abs the hardest. On the other hand, the seated knee tuck-ins required a lot of hip flexion, and they believed it could cause problems in people prone to low-back injury.

Personally, I’m going to stick with the Ab Wheel. As always, I’m going to keep crunches out of my program… and now I’m going to add the seated knee tuck-in to my list of ab exercises to avoid.

[Ed. Note: If you think sit-ups and crunches are the best way to get a flat stomach, you've fallen victim to one of the most common fitness myths around. Discover 5 more myths about exercise - and how to combat them - right here.

And for a free source of fitness ideas, nutrition tips, and motivation, sign up for ETR's natural health newsletter.]

 

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10 Little Things I Love About Thanksgiving

By Anna Bonjour,

1. Having a day that’s specially set aside for all of us to focus on what is right in our world and to thank God (or whatever you believe in) for all our blessings

2. Fried turkey

3. Being near family

4. Cooking a big, fattening meal

5. Feeing like the holiday season has really begun

6. Pumpkin pie

7. Black Friday

8. The long weekend

9. Roasted turkey

10. Smoked turkey

[Ed. Note: What is your #1 favorite thing about Thanksgiving? Let us know right here.]

 

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It’s Fun to Know: Why Israelis Eat More Turkey Than We Do

The average Israeli eats more than 34 pounds of turkey each year, about two times more than the average person in the United States. Turkey was introduced to Israel about 50 years ago, and became popular because it is kosher (unlike pork) and less expensive than beef or lamb.

 

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Seems like everyone’s going for broke and trying to earn a million their first year online. In the meantime, a handful of people are happy as clams with automatic income streams – usually a few thousand dollars – fattening up their bank accounts each month.

Of course, you can set up as many of these income streams you want. So if it’s more money you are after, then go for it! Best part: It only takes about an hour to set up and it’s easy to do. And then imagine yourself sitting back and watching the money roll in.

Sounds too easy, I know. But perhaps everyone is busy trying to make a killing online… and so they’ve overlooked this fast and easy way to make very nice (but not ridiculous) amounts of money. Why not take a peek today and see if this is right for you?


Word to the Wise: Connubial

“Connubial” (kuh-NOO-bee-ul) – from the Latin – means of or pertaining to marriage.

Example (as used by Larry Gelbart in Laughing Matters): “Wed as teenagers in Chicago, my parents’ connubial collaboration had a second result: me and, seven years after my birth, a spectacularly beautiful sequel, my sister, Marcia.”

[Ed. Note: Become a more persuasive writer and speaker ... build your self-confidence and intellect ... increase your attractiveness to others ... just by spending 10 VERY enjoyable minutes a day with ETR's new Words to the Wise CD Library.]

 

Copyright ETR, LLC, 2008

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11 Responses to “How to Keep Your Promises”

  1. Tim Clay says:

    Family, food, fun…

  2. The #1 thing for which I am thankful is that I have survived most of this calendar year without being threatened with physical harm. In the current financial crisis, it is something for which I am even more thankful.

  3. mildred says:

    Being with family

  4. I enjoy family,dinner and when I have TV Thanksgiving Parade and Football.

  5. Ray says:

    First, family, life is far, far too short not to enjoy your family. This business has giving me the time to enjoy them.

    http://www.6figuresandmore.com

    You too can have your time freedom.

    Warm regards and God Bless

    Ray
    702 202 1693

  6. Bruce Coleman says:

    First, I’m thankful for being alive.
    Second, I’m thankful for my wife and my family, immediate and extended.
    Third, I’m thankful for all my friends where they may be.
    Fourth, I’m thankful that we as a planet haven’t gone crazy yet to blow ourselves up.
    Fifth, I’m thankful the current situation about our “economy” has provided us with an opportunity to re-examine our values and re-establish those values that matter in the long run and use it as the foundation from which to operate from and change our future.
    Sixth, I’m thankful for the plentiful of good food.
    Seventh, I’m thankful for our freedom.
    Eighth, I’m thankful for that we do have good people in our country who work hard and care about others despite the negative onslaught of the main media of “how bad things are”.
    Ninth, I’m thankful that God still believes in us. I hope that day never comes when even HE gives up on us for our stupidity and ignorance and the pain we have caused HIM. I appreciate HIS patience!!
    Tenth, I’m thankful for the opportunity to express my humble gratitude.
    Eleventh, I’m thankful for football. It’s gives me enjoyment!!
    Twelfth, I’m thankful for another day, another chance to make things right!!

    Happy Thanksgiving to all!!

    Best,

    Bruce

  7. Jim Hippen says:

    The thing I love most about Thanksgiving is the family gathering. I also love running in the “Earn Your Turkey” 4-mile run that many of me family members enjoy.

  8. Esther says:

    I am grateful to God for another year in which to be Thankful. I have a deep love for my family and friends, and loved cooking for the ones who came over this Thanksgiving Day. As for my daughter in a foreign country, I know she will keep some of the traditions of the season in her heart, like naming what she is truly thankful for in her life.

  9. Bill Coburn says:

    A special thanks (though appreciated daily also) to
    God for His Son’s death on the cross to save us for
    eternal life!

  10. Sharon says:

    Our tradition is to go around the table asking what everyone is thankful for. I enjoy this tradition and no matter how hard things are we always have something to be thankful for. It’s a beautiful thing!

  11. Norm says:

    Thanksgiving has always been a special time for me.I grew up on a turkey farm and was thankful to see the turkeys go off to market. This was a big reduction of work and most years a good source of income.
    I am thankful for the years of life I have enjoyed.
    I am so great full for work of Jack Canfield, Lou Tice,and Leo Buscgalia. They have given me tools that changed my life in a dramatic positive way and I was able to share that with students I was working with.

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