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Creating True Wealth  

www.Books2Wealth.com  

Issue 74 / April 2, 2010 / ISSN 1945-9300    

 

  

  

IN THIS ISSUE   

 

Featured Book Review by Daniel R. Murphy  

The 9 Steps to Financial Freedom by Suze Orman 

 

 

Lincoln's Wisdom by Daniel R. Murphy   

Number 4: On Diligence   

 

Guest Article  

Thinking, One of the Most Difficult Tasks We Do by Harvey MacKay 

 

Be Inspired II by Roger Thomas Lincoln 

 

 

  

 

Successful people read - Reading leads to Success!   

 

  

  

 

Be Inspired - by so many sources   

 

Part of your journey to success requires you to be sufficiently motivated and inspired to think creatively and to strive onward even in the face of the inevitable discouragements and setbacks which will litter your path. It is wise to motivate yourself with inspirational literature. It is helpful to read about how others, who have faced more anguish than you, have gone on to success.  

 

It is with great pleasure that I publish the Be Inspired II series in this newsletter most weeks. Roger Thomas Lincoln does a great job of gathering these inspirational stories for us and one of his current sources is a great book by John Sarkett called Inspired by Extraordinary Comebacks. I encourage you to visit John Sarkett at http://sarkett.com/ . And get the book. You can buy it at our new Amazon bookstore in the Motivation/Inspiration Department here http://www.books2wealth.com/Amazon-Book-Store.html. While you are there consider the new second edition as well.  

 

Do not forget to give yourself an occasional boost of inspiration. We all need it. We all get tired, bored and discouraged now and then. A dose of inspiration can do a world of good. Look around your world for those who you admire and who have so much to overcome. Don't forget also to read about all those others outside your circle of influence who have done so much.  

 

Wishing you inspiration and success, 

 

Daniel R. Murphy  

Books2Wealth.com   

  

 

Visit my blog at:  

Blog: http://books2wealth.blogspot.com/   

 

Send your questions and suggestions to me at:  

Email: info@books2wealth.com   

 

Visit our website at:  

http://www.books2wealth.com   

 

  

  

 

A commitment to continued learning is essential to success. 

 

 

  

  

Inspiration in a few words:  

The best motivation is self motivation. When you know what you want, and you want it badly enough, you'll find a way to get it. - Jim Rohn 

 

Inspiration in a story:  

Take 5 minutes to listen to Tony Robbins tell the real story behind Sylvester Stallone's movie Rocky and his struggle to make it. It was far more difficult than you realize. It will be the most inspirational five minutes you spend this week. The link will take you to Jeff Herring's site where the story is posted as an audio file.  

 

http://fromthedeskofjeffherring.com/stickingwithyourdream/ 

  

 

  

  

Featured Book Review by Daniel R. Murphy  

Category: Finance & Investment   

 

Title and Author:   

The 9 Steps to Financial Freedom by Suze Orman

 

 

 

Synopsis of Content:  

 

Orman addresses nine approaches to financial management in this book. She calls them steps but they are really more like considerations or approaches. Over all her book is a melding of spirituality, self help, psychology, and money management. Step 1 for example discusses how your past can affect the way you manage money or fail to do so. Following that Step 2 addresses your fears and money and Step 3 suggests you need to be honest with yourself to manage money correctly.  

 

 

Steps 4 - 6 are what Orman calls the "must-dos". They include being responsible to yourself and others by being careful with your money; respecting yourself and others by managing money intentionally; and trusting yourself to manage money rather than just placing it all in the hands of someone else.  

 

 

In Steps 7 - 9 Orman delves more into what may be called the spiritual side of money or her interpretation of that. She discusses the need to be open to have all you deserve and to understand the natural ebb and flow of money.  

 

 

At times it is difficult to know whether Orman is a therapist, psychologist, financial planner or spiritual teacher. The fault of this book is that her efforts to be all of these makes her least effective as any of them. There is nothing about the fundamentals of investing and financial planning new in this book. If you like Orman's "spiritual" approach to finance you may well like this. If you are not impressed by that approach you will be disappointed in this book. It is certainly not a foundation book to use in developing your financial plan.  

 

 

Readability/Writing Quality:    

Orman writes well. She uses lots of stories and illustrations from her life and the lives of clients to illustrate her points. Her text is well organized although some chapters seem to bleed into one another.  

 

 

Notes on Author:  

 

Suze Orman is a Certified Financial Planner who started as a stock broker with Merrill Lynch. She left there to form her own financial consulting company. She has published a number of books on financial planning and investing, has been on numerous TV programs and has appeared in magazines. She is a popular public speaker.   

 

Related Website:   

 

 

Suze Orman's website:

 

http://www.suzeorman.com/

 

 

 

Three Great Ideas You Can Use:    

 

 

1. Use Orman's 9 steps to financial freedom and other resources to free yourself from financial advisors - you are the best person to guide your own financial program.  

 

 

2. Your past holds keys to your habits and fears regarding how you manage your money - or fail to. You need to look at your life and past events and how they have affected the way you view and handle money.  

 

 

3. Once you understand your fears and why you have the relationship with money that you do have you need to take charge of your financial life by changing those habits and fears and controlling your money.  

 

 

Publication Information:    

The 9 Steps to Financial Freedom by Suze Orman

 

©1997 and 2006 by Suze Orman

 

Published by Three Rivers Press / Crown Publishing Group / Random House  

 

 

Rating for this Book:          

Overall Rating:                     Good 

 

Writing Style:                                    Very Good

 

Application:                           Useful

 

Technical Difficulty:                        Easy  

 

 

  

Lincoln's Wisdom by Daniel R. Murphy 

 

 

Chapter: 04 - Diligence 

 

"Half finished work generally proves to be labor lost..." 

 

Abraham Lincoln attributed his early success to his diligence. He was a very diligent man. Once Lincoln started out upon a path he would work consistently and hard until it was completed. He rarely ever gave up on an enterprise.  

 

Lincoln was a fan of Benjamin Franklin and learned that Franklin had been a fan of the Bible text, "See'st thou a man diligent in his business, he shall stand before kings, and not before mean men." 

 

One example of Lincoln's diligence was the consistent care he took in writing documents. Though he penned over 100,000 documents in his life his signature was always legible and his writing well executed.  

 

In a note he prepared for lawyers, Lincoln wrote: "The leading rule for the lawyer, as for the man of every calling, is diligence. Leave nothing for tomorrow, which can be done today. Never let your correspondence fall behind. Whatever piece of business you have in hand, before stopping, do all the labor pertaining to it which can then be done." 

 

Using diligence as his method Lincoln first became one of the most successful lawyers in Illinois and went on to be one of the most successful Presidents of the United States. 

 

We would all do very well to learn from Lincoln the importance of diligence to our success.  

 

 

  

  

Guest Article  

Category: Personal Development

 

"Many highly intelligent people are poor thinkers. Many people of average intelligence are skilled thinkers. The power of a car is separate from the way the car is driven."

 

Edward de Bono

 

Thinking: It's One of the Most Difficult Tasks We Do
By Harvey Mackay  
 

Henry Ford once hired an efficiency expert to go through his plant. Ford directed him to find the nonproductive employees and, he said, "I will fire them!"  

When the expert finished his evaluation, he reported to Ford that he was particularly concerned with one of his administrators. "Every time I walked by, he was sitting with his feet propped up on the desk. The man never does a thing. I definitely think you should consider getting rid of him!"  

Ford was curious to know who was using company time that way. Then the expert identified him, and Ford shook his head. "I can't fire him. I pay that man to do nothing but think, and that's what he's doing."  

Even in this culture of downsizing, right-sizing, and just plain streamlining operations, no company can afford to lose its thinkers.  

Most small to mid-sized companies probably can't afford to hire a "staff thinker," but among the larger, and likely the most successful companies, I'll bet you'll find someone with a title like strategic planner, researcher, creative engineer, visioner, or some similar version. At Disney, they're called "imagineers." (At Microsoft, they're called "millionaires.")  

"What a job!" you're thinking right about now. No measurable goals, no restrictive job descriptions, no pressure, because nobody can tell if you're doing your job. But you must prove yourself over time.  

Guess again. Some people get lost in thought because it's such unfamiliar territory. And then look around your office and see if you can identify the person you'd go to first if you needed a great new plan or idea. There's the thinker. The job title may not be a tip-off.  

Years ago, at the El Cortez Hotel in San Diego, management decided that one elevator wasn't adequate to serve their guests. They hired engineers and architects to add a second lift.  

The professionals discussed several options, and eventually settled on a plan to cut a hole in each floor to accommodate the new elevator.  

A janitor overheard the discussion, and inquired about their intentions. The engineers patiently explained their plans to him. The janitor was concerned and told them so: "That's going to make quite a mess -- plaster, dust, and debris everywhere." No problem, he was told, because the hotel would be closed during the construction.  

"But that will cost the hotel a lot of money, and a lot of people will be out of jobs while the hotel is closed," the janitor replied.  

"Do you have a better idea?" one of the architects asked.  

The janitor surprised them all with his answer: "You could build the elevator on the outside of the hotel."  

It had never been done before, but it was an intriguing concept. The engineers and architects, hired for their creative thinking, decided it was an idea worth developing. An architectural feature we now see every day was the brainchild of a hotel janitor. Not a "staff thinker." But a thinker on the staff.  

Chances are you have several folks like that in your employ. They are worth their weight, and yours, in gold. Consultants may come and go, but those employees who can think are your best source of great ideas and inspiration for the rest of your organization.  

Let me lay down a few ground rules for encouraging great thinking:  

Respond with enthusiasm. When someone has a great thought, be enthusiastic rather than demanding details on implementation. This person has ideas. Somebody else can develop them. You've seen that happen a million times.  

Make your workplace conducive to thinking. Windows are inspirational. Cheerful colors stimulate creativity. My office is full of photos and souvenirs and some of my favorite things. Sterile surroundings are for brain surgery. We're looking for brain candy.  

Celebrate occasionally. "All work and no play makes Jack a dull boy" is still true. Let your staff know they can have fun and be productive at the same time.  

Give credit where credit is due. I surely hope that janitor at the El Cortez got the recognition he deserved and a big bonus. Reward great thinking. You'll be surprised how creative every member of your staff can be.  

Mackay's Moral:Minds are like parachutes -- not much good unless they are open.

 

[Ed. Note: Harvey Mackay has written five New York Times bestselling books, two of them named among the top 15 inspirational business books of all time -- Swim With the Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt. His latest book, Use Your Head to Get Your Foot in the Door: Job Search Secrets No One Else Will Tell You, was released Feb. 18. Harvey is a nationally syndicated columnist and has been named one of the top five speakers in the world by Toastmasters International. He is also chairman of the $100 million MackayMitchell Envelope Company, a firm he started in 1960.  

For two free bonus reports featuring Harvey's most powerful essays on leadership, goal achieving, business success, and much more, go here.]  

<p align="left">This article appears courtesy of Early To Rise, a <a href="http://www.earlytorise.com/" target="_blank">free newsletter</a> dedicated to <a href="http://www.earlytorise.com" target="_blank">making money</a>, <a href="http://www.earlytorise.com/healthy/" target="_blank">improving health</a> and <a href="http://www.earlytorise.com/wise/" target="_blank">secrets to success</a>. For a complimentary subscription, visit http://www.earlytorise.com.</p>   

  

 

  

  

Be Inspired II by Roger Thomas Lincoln 

 

 

Camped at an elevation of 25,800 feet his tent was pounded by fierce winds. His breathing was labored and he needed an oxygen tank to survive. His inflatable mattress deflated causing his hip to freeze to the ice underneath. He could not sleep although he was beyond exhaustion. He laid in pain and anguish in the pitch black darkness. He felt more lonely and afraid than at any other time in his life. He doubted himself and doubted that he would ever make it to the summit.  

 

 

The next day, May 29, 1953, he and his guide and companion, Tenzing Norgay, made it to the summit - the first ever in the world to have done so. Sir Edmund Hillary and his guide were the first to reach the summit of Mt. Everest, highest mountain in the world at 29,028 feet. Many before him and since have died trying. Some said it could not be done.  

 

 

This try was not Hillary's first. He had made the grueling effort the year before and had failed to reach the summit like the 15 men who had tried before him.  

 

 

Hillary would not give up and in the end he reached the summit and proved himself equal to his own challenge. He came back later to help the people who lived in Tibet and helped them rebuild a Buddhist monastery and other structures.  

 

Inspired by Extraordinary Comebacks by John A. Sarkett

©2007 by John A. Sarkett. Published by Sourcebooks, Inc.

Quoted material used by permission of the author. Visit John Sarkett at http://sarkett.com/. Buy the book at http://www.books2wealth.com/Amazon-Book-Store.html 

 

  

 

You do not have the time to read everything on the internet or in books published in the past or today about success and self development. Creating True Wealth reviews that material for you, condensing it into concise bites you do have time for, and leading you to those books, magazines, blogs and websites that will offer you more. 

 

 

  

  

I hope you will find the information in the Creating True Wealth newsletter useful. Future editions will highlight other books in the fields of business, sales, motivational materials, self help literature, psychology and other related fields. This newsletter is published weekly on Fridays. - Daniel R. Murphy, Publisher. All content is written by Daniel R. Murphy unless noted otherwise.  

Disclaimer: Nothing in this ezine is intended nor should be relied upon as professional legal, medical or financial advice. If you need personal legal or financial planning advice you should consult a licensed attorney, accountant or financial planner. If you need personal medical advice you should consult your medical professional.  

© 2010 by Daniel R. Murphy  

All Rights Reserved. You may use the content of this ezine in your publications if you include the following acknowledgement:   

 

"This material is used by permission of Books2Wealth(TM) and Daniel R. Murphy and comes from his ezine titled Creating True Wealth.You can learn more about creating true wealth at www.bookstowealth.com and you can subscribe to the Free Creating True Wealth ezine at that site."   

 

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If you have any suggestions about how this ezine can be more helpful to you, or of what kinds of information you would like to see, send an email to info@books2wealth.com   

 

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Learn from a Master of Success

- the late Jim Rohn.

No one has spoken to more audiences around the world or sold more audio programs around the world than the great Jim Rohn.

He was a giant in the self development industry for half a century.

Jim is no longer with us but fortunately his wisdom and teaching does remain for us to use.

Learn more about this legendary self improvement teacher and the fantastic educational materials you can obtain here.



 

 

 

 




 

 

 

 

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