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Message #1859
Friday, October 13, 2006

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  • WEALTHY: Hoping and fearing your way to profits
  • HEALTHY: 2 reasons protein helps you lose weight

  • WISE: Wayne Dyer on self-motivation

ALSO IN THIS ISSUE:

  • 6 steps to being No. 1 ... at anything (Michael Masterson)

  • Are you paraskevidekatriaphobic?
  • Add "parlous" to your vocabulary

* Highly Recommended *

How Would You Like To Turn $3,500 Into $50 Million?

Those are the kind of results that Gene Schwartz helped Boardroom Inc. achieve.

When you learn to master the art of advertising and promotion from Gene, the world will beat a path to your door. You will not only have success convincing people to buy your products, but also your ideas, concepts, and beliefs. Power and money decisively travel toward those who are persuasive.

Many of the marketers who had the fortune to work with Schwartz have built multimillion-dollar empires using his ideas. Now, what's stopping you?

Here's how to get started today.

- Patrick Coffey


Using Emotions to Your Advantage

By Charles Delvalle

When a stock is losing money, what do most traders do? They HOPE it will recover, so they keep holding onto it. And if that recovery never happens ... they keep on losing money.

And what do most traders do when a stock is making money? They FEAR the winning streak will end ... so they prematurely exit their position and miss huge gains.

They've got it backward. Trading like this will ensure that you always lose. Instead, take advantage of those two very human emotions - hope and fear - this way:

If your stock is losing money, FEAR that a turnaround will never happen. Then use trailing stop-loss points to cut your losses before they get ugly. And if your stock is making money, HOPE that you will make more money tomorrow. Then ride your winners ... possibly catching a "Ten Bagger."

[Ed. Note: Charles Delvalle is a contributing editor to ETR's Investor's Daily Edge newsletter.]


"Be miserable. Or motivate yourself. Whatever has to be done, it's always your choice."

-Wayne Dyer

How to Get - and Stay - Motivated

By Michael Masterson

Have you ever been charged up to reach a goal, only to see that charge dissipate over time?

This is a very common problem. In fact, it's the main reason most people never accomplish their lifetime objectives.

ETR reader Dave Jacobs wrote me a few weeks ago with that very problem. He said:

Dear Michael,

Thanks for all you do to help those of us just beginning our journeys to more successful lives. I have recently taken a series of significant steps toward achieving my Life Goals. As I see myself moving toward my goals and increasing my productivity, I'm (predictably) excited and energized. But what about two months from now? Two years? How can I maintain the energy and enthusiasm I have now? How do I sustain my current level of focus and productivity? What do you think are the crucial factors to being consistently motivated and focused?

The good news is that Dave is super-motivated now, and he really, really doesn't want that motivation to fizzle out. That's why he wrote to me - so he could learn some trick or several tricks to ensure that he keeps going strong for as long as he needs to.

No doubt you have felt the same way Dave is feeling right now. I've faced the same problem myself several times in my life. I hope the following story can help both you and Dave.

In high school, I was a lazy student. My priorities were sports and social activities. Because I'd inherited some raw brainpower from my parents, I managed to maintain a grade-point average that got me into college ... just barely. But I knew that unless I learned to learn, I wouldn't make it through four years, and I'd probably spend the rest of my life earning $10 an hour as a manual laborer.

So at the end of my senior year in high school, I made up my mind to quit being a goof-off and become, in college, a much better student. I spent the summer prepping myself by working out a study schedule and doing some background reading. But I was afraid that I would revert to my bad habits, abandoning my studies for sports and partying before the end of my freshman year.

To make that unwanted scenario less likely to happen, I found a "nerd" to share an apartment with and refused to sign up for any sports or pledge any fraternities. I told my friends that I would be "out of touch" for at least a year. I explained my goals to them and asked them to respect me by leaving me alone until the following summer.

I realized that I needed to make a radical personality change to be able to resist the temptation of regressing to my high school habits. So when school began, I sat in the front row of every class - something I'd never done in high school.

I started off strong by doing at least 50 percent more than I was asked to do. If the assignment was to write a 500-word essay on religion, I'd write 750 words and include a glossary of impressive sources. If the assignment was to read King Lear by the following week, I'd read it twice. And then I'd go to the library and read critical essays about the play so I'd be aware of all the major interpretations.

I also made it a point to raise my hand every time a question was asked and to turn in extra work, even when it would get me no extra credit. In short, I turned myself into a straight-out and full-blown brown-nosing student ... and I made sure my instructors - and my fellow students - saw me that way.

In the beginning, many of the other students in my classes did as much work as I did. But as the weeks went by, most started slipping a little bit. Each time they fell behind, I got motivated to work even harder. And I was thrilled when I got those early test scores back. I had never before understood how good an A or B+ felt.

And that feeling motivated me to push even harder. With each passing week, the distance between me and the other good students widened. By the middle of the semester - in virtually every single class - I was clearly the best.

The response I got from instructors and students fueled my ego. Being the best student in a class felt much better than being the class clown.

By the time my freshman year was over, I saw myself as a completely different person. I was no longer the funny screw-up I'd been in high school. I'd changed into the "Teacher's Pet" who sat in the front and had the right answer to every question.

Once my image of myself changed, my motivation became permanent. I couldn't screw up any more, because it was simply unthinkable. I was the best student in every class, and I was going to make damn sure everybody saw me that way - no matter how much work it took.

So ... if you see yourself as someone who may be able to start out strong, but never really accomplish anything great, you need to drastically revise your vision of yourself. You have to turn yourself into number one at whatever you do - the person to go to when no one else can get the job done.

To become that person, you will have to:

1. Get up early, and give your day a jumpstart by doing something meaningful ... first thing.

2. Work as late as you have to.

3. Do at least 50 percent more than what is asked of you.

4. Volunteer for challenging assignments.

5. Educate yourself on the side.

6. Become better than anyone else at the essential skills you need to accomplish your goal.

Becoming top dog takes a lot of extra time, so you'll have to make significant sacrifices.

If you are like most people, your biggest distractions will be television, the Internet, friends, and family. Get rid of your TV. Limit your Internet use to one hour a day. And let your friends and family members know that you won't be able to spend much time with them in the foreseeable future.

Work like mad until you've become number one in your class, job, or hobby. When that happens - and it shouldn't take more than six months - you'll feel great about yourself. And once you experience that feeling, you'll never have to worry about motivation again.

Well ... almost never. As I said at the beginning of this article, I've needed a motivational recharge more than once in my life. Everyone does. But after the first time, you'll understand exactly what you have to do to get yourself going again.

[Ed. Note: Not sure you can make it to the top? Need more inspiration? You'll find it in Michael Masterson's brand-new book, Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire. He shares the stories of 8 men and women who climbed their way to financial independence in seven years or less.

Buy your copy today. You'll get over $537 in bonuses ... and a start on your own fast track to success.]


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PYY: A Hormone That Reduces Hunger

By Jon Herring

One reason a high-protein diet helps with weight loss is that protein (and the fat that often comes with it) takes longer to digest than carbohydrates, so you feel full longer. But a research team at University College London recently revealed another reason you feel more satiated when you eat protein. It has to do with a hormone in protein called PYY.

When injected into rodents, PYY wiped out hunger for more than 12 hours. In another test, mice were genetically engineered so they couldn't produce PYY. They immediately started to overeat and quickly became obese. When researchers injected those mice with the missing PYY, they started eating less and losing weight.

While there is no way to supplement with PYY, Dr. Rachel Batterham - the study's lead researcher - has some practical advice. "Increasing the protein content of the diet augments the body's own PYY, helping to reduce hunger and aid weight loss," she says.

You get protein from meat, poultry, eggs, nuts, beans, and most dairy products. And powdered protein supplements that you can mix with water or blend into a smoothie are inexpensive and widely available. (My favorite is NutriBiotic Rice Protein Powder.) They make for good snacks and can replace a meal if you're on the go, but avoid those with artificial sweeteners.


Reader Feedback: "Reading a story like this has convinced me that I will become a good writer."

"I've been benefiting from the inspiration I've found in Early to Rise for a few years now, and wanted to pass along an item by Dwight Garner that I read in The New York Times.

"It seems that the author J.A. Jance, while a student at the University of Arizona, was discouraged from her plans to become a writer by a professor in the University's creative writing department. He told her that women 'ought to be teachers or nurses.'

Unfortunately, she took the professor's advice to heart. However, as a divorced mother, after years in a troubled marriage, she began writing from 4:00 a.m. to 7:00 a.m. She now is the author of not one but two crime novel series! And to make the story even better, in her first published thriller, the killer turned out to be a former professor of creative writing.

"I have been working on AWAI's Accelerated Program for Six-Figure Copywriting for three years now, between cross-country moves and starting a grant-writing business. Reading a story like J.A. Jance's has convinced me more than ever that if I finally dedicate myself, continue to put the time in, and refuse to give up, I will not only complete the program but will become a good writer."

John Essick
Poughkeepsie, NY


Just For Fun: Surviving Friday the 13th

By Suzanne Richardson

If you're the superstitious type, you're probably kind of nervous today. And you're not alone. People around the world consider Friday the 13th to be a very unlucky day. They're afraid to fly, buy a house, or make an investment decision. Some even refuse to get out of bed.

The word for this fear is paraskevidekatriaphobia.

While the origin of the superstition is unknown, both Friday and the number 13 are symbolically significant in myth and legend. In Christian tradition, for example, there were 13 people at the Last Supper and Jesus was crucified on a Friday. Friday is also said to be the day Adam and Eve ate the apple and the Great Flood started.

Dr. Richard Wiseman, a psychologist at the University of Hertfordshire and author of The Luck Factor, suggests that if you do have an unusual streak of bad luck today, there's a good reason for it. "The fact that it's Friday the 13th could make you anxious and that will make you more likely to have accidents, drive less well, and perhaps find it harder to relate to other people," Dr. Wiseman told the BBC. "So your bad luck could be your own doing."

Is there anything you can do to get through today in one piece?

Well, you could try these two folk antidotes for bad luck (from the NationalGeographic.com website):

1. Climb to the top of a mountain or a skyscraper and burn all your socks with holes in them. (Not clear to me if you're supposed to burn your socks while on top of the mountain or after you've returned home.)

2. Stand on your head and eat a piece of gristle. (Use gristle you have on hand. You don't want to risk leaving home to buy some fresh.)

Or you can do as Dr. Wiseman suggests: Concentrate on being lucky. Look at the positive aspects of your life, and prepare to take control of your future.

Whichever remedy you choose - good luck!


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Word to the Wise: Parlous

Something that's "parlous" - from the Latin for "hazard" - is fraught with danger.

Example (as used by Howard Simons in The New York Times): "It was a parlous time on the Continent, when Communists and fascists vied brutally for supremacy."

Michael Masterson
Copyright ETR, LLC, 2006


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