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Creating True Wealth 

www.Books2Wealth.com 

Issue  85/ June 18, 2010 / ISSN 1945-9300 

 

 

 

IN THIS ISSUE 

 

Featured Article by Daniel R. Murphy 

South American Discipline in the Marketplace 

 

Guest Book Review 

The Dip by Seth Godin

Book Review By David J P Smith

 

Be Inspired II by Roger Thomas Lincoln 

 

 

 

Successful people read – Reading leads to Success! 

 

 

 

 

Know when to quit and know when to put forth 100% 

 

Two of today’s articles illustrate each side of success: when to quit and when to go forward full speed. Seth Godin’s book, The Dip, instructs us well on when to change direction and stop following a road to failure.

 

My article on Abilio dos Santos Diniz, the retail magnate of Brazil, illustrates what can be achieved by tremendous discipline and total commitment.

 

The decision whether to cut your losses and change direction or whether to go forth with persistence is always a difficult one and requires wisdom and discernment. The observations in these articles are a good opportunity for you to begin your discernment of when to “hold them and when to fold them”.

 

Daniel R. Murphy 

Books2Wealth.com 

 

 

Visit my blog at: 

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Send your questions and suggestions to me at: 

Email: info@books2wealth.com 

 

Visit our website at: 

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A commitment to continued learning is essential to success. 

 

 

 

Inspiration in a few words: 

 

"Never, never, never give up!" ~ Winston Churchill

 

 

Featured Article by Daniel R. Murphy 

Category: Success  Personal Development / Finance & Investment / Time Management / Health / Wealth Building / Leadership 

 

South American Discipline in the Marketplace 

 

One of the world’s leading companies is Pao de Acuar in Brazil. (Traded on the NYSE as Companhia Brasileira de Distribuicao [CBD]). It Is led by Brazilian retail magnate Abilio dos Santos Diniz.

 

At 73 Diniz is supremely organized, self disciplined and driven. He does not tolerate fools gladly and demands fast and efficient work from his staff. He is equally demanding of himself. He rises each morning at 5:30 AM to do an hour of aerobics, has breakfast with his family, and is at the office in Sao Paulo by 8:30. He lifts weights for an hour over the noon break and does not usually get home from work before 7:00 PM. He ends the day with a game of squash before having dinner with his family.

 

Diniz has become one of the wealthiest men in Brazil through an iron discipline. He has led his company to a net profit of $339 million on revenue of over $13 billion. Earnings are up a whopping 204% over 2008. He ranks number 701 on the Global 2000 list published by Forbes Magazine in 2010. Diniz is the 8th richest man in Brazil.

 

He says the key to staying on top is discipline and organization. He has written a 2004 autobiography telling some of his success secrets titled, Paths and Choices: The Balance for a Happier Life, but it is out of print now and difficult to find.

 

Diniz believes in a very balanced life with time each day for exercise, prayer, work, and family. He exercises three hours each day, prays while doing many of those activities, and eats five balanced meals a day plus vitamins and fiber supplements. He also eats lots of fruit. He sees a psychotherapist once a week and attends Catholic Mass every Sunday.

 

At 73 this dynamo is living a life that few men half his age can keep up with. He has added 10,000 employees to his company and moved his company ahead of Wal-Mart and Carrefour to become Brazil’s largest retailer.

 

Diniz had been booted out of the family business and then was kidnapped by terrorists and helped his captors negotiate his release. His family company was then in trouble and his father asked him to come back and fix things – which he did bringing about tremendous success.

 

So, what can we learn from this singularly successful man who is a leading South American capitalist at an age most people are thinking about retirement? I suggest you can learn the following:

 

1. Age is not a barrier to success or to growth. You can start a business, take over a business and grow a business at any age. Do not let age or other artificial distinctions hold you back.

 

2. Self discipline is key to being successful. Decide what needs to be done and then discipline yourself to get it done. Regular self discipline is much easier than occasional leaps into hard work.

 

3. Organize your time and your life to get the most out of it.

 

Dimiz is described by one of his staff as never being satisfied with anything. This is yet another key to success – the willingness and even the drive to constantly refine and improve all that you do.

 

Take a lesson from a 73 year old dynamo from Sao Paulo – let self discipline, self improvement and organization be your key to success.

 

Guest Book Review 

Category: Success   

 

The Dip by Seth Godin

Book Review By David J P Smith

 

'The Dip' is the monumental book by the author, blogger and inventor and CEO of Squidoo, Seth Godin. The book itself is very short - only around 75 pages in total, and each of these pages is only around 5 inches tall, so there's not much content and the book can be read in a couple of hours (if you really want to take it in) or an hour (if you want to skim read it).

 

When I say that the book is light on content, what I actually mean is that the book has no filler. Godin has clearly spent a long time cutting out any parts of the book that do not have meaning and leaving in everything else. What you are then left with is a book where on nearly every page there is a life-changing lesson or quote.

 

So enough hype - what's the book about? 'The Dip' focused on quitting - when to quit and how to quit. When Godin talks about a dip he means the lull that you often face when trying to accomplish something. Often the dip occurs right before a breakthrough or a major accomplishment, and sadly this is also when most people give up.

 

Quitting is something that I have thought a lot about lately (thoughts such as 'when is it a good time to quit something?' often enter my head) and when I heard about this book I knew I simply had to buy it. Thankfully I was not disappointed, and this is easily one of my top 5 books of all time.

 

David has been writing articles for nearly 4 years. Come visit his latest website at [http://www.full-size-headboards.com/Full-Size-Headboards.html]full size headboards which helps people find the best [http://www.full-size-headboards.com/Wooden-Bed-Frames.html]wooden bed frames.  

 

Article Source: [http://EzineArticles.com/?The-Dip-Review&id=3524778] 'The Dip' Review 

 

 

Be Inspired II by Roger Thomas Lincoln 

 

As a young man he attempted to support himself selling trucks. He despised that job and was a very unhappy young man in New York in the early years of the 20th century. He hated sales and the trucks he sold and his miserable little flat on West 56th Street.  

 

He had spent four years studying at State Teachers College in Missouri and at heart he longed to be a public speaker, writer and teacher. 

 

After enough desperation and misery he decided to do something about it. He tried to get a job at prestigious universities like Columbia, NY University and others. All of that was to no avail. Then, when he did not know where to turn he stumbled upon a local NY City YMCA which let him teach night courses in 1912. Later in life he credited these experiences with leading him to his ultimate success.  

 

He taught classes on success at a very practical level as YMCA clients needed and demanded. From these experiences and years of classes he assembled his first book, How to Win Friends and Influence People which he published in 1930. It became an immediate best seller and remains so today. Many other books followed and in addition to his books Dale Carnegie founded a nationwide Institute that taught aspiring adults how to effectively speak in public and hone other skills to succeed in business. Today the Carnegie Courses are taught around the world in 80 nations.

 

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/

 

 

Latest posts on the Creating True Wealth Blog: 

 

Serve to Lead by James M. Strock – Book Review by Daniel R. Murphy 

http://books2wealth.blogspot.com/2010/06/once-in-awhile-i-ran-across-truly-great.html

 

What does Karol Gajda know that you should know? 

http://books2wealth.blogspot.com/2010/06/what-does-karol-gajda-know-that-you.html

 

More about how to build wealth through building a business 

http://books2wealth.blogspot.com/2010/06/more-about-how-to-build-wealth-through.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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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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