Wednesday 17 September 2014

WHY PEOPLE FAIL BY SIIMON REYNOLDS




Why People Fail: The 16 obstacles to success and how you can overcome them. By Siimon Reynolds

 

We seek success. But it’s often through failure that we can learn best.

“After all, success is often just a moment – a goal fulfilled, soon to be replaced with new goals. But failure is the ambitious person’s constant companion, often dogging us for months, years, or even decades before we finally reach our aim,” – Siimon Reynolds

Who is Siimon Reynolds?

Reynolds became one of Australia's youngest self-made millionaires and an agency director at the tender age of 21. After his acrimonious fallout with former Omon agency partner Mark de Teliga over shares. "Sacked at 21" over the phone and "without reason" from Grey Advertising. He went on to found The Photon Group, a group of marketing companies. He's now chairman and co-founder of OMG, one of Australia's largest online networks, and a business consultant, author and public speaker.

 


“We need to understand and conquer failure if we are ever to master success.”- Siimon Reynolds

 

The sixteen mistakes

Reynolds solutions to manage these mistakes range from new-age to the downright practical and

reasonable. Take a look at them with an open mind and get behind the essence of what the intent of the practice is. The 16 mistakes are:

 

1. Unclear purpose

2. Destructive thinking

3. Low productivity

4. Fixed mindset

5. Weak energy

6. Not asking the right questions

7. Poor presentation skills

8. Mistaking IQ for EQ

9. Poor self-image

10. Not enough thinking

11. No daily rituals

12. Stress

13. Few relationships

14. Lack of persistence

15. Money obsession

16. Not focusing on strengths

 

1. Unclear purpose

 

Having a clear purpose in life and work underpins satisfaction, happiness and success. Yet there are still many who are unclear about their life’s purpose. Reynolds pushes the point by claiming that average person is average because they have no clear purpose. : The average person has no clear purpose, and that’s why Mr. Reynolds figures they end up being average. To succeed, you need to be clear about your life purpose, job purpose, and weekly purpose, without purpose, you are more at risk of becoming the outcome of somebody else’s purpose. A strong purpose is our fuel and source of inspiration.

 

2. Destructive thinking

 

How we think determines how we feel and act. Reynolds’s discussed the impact of thought, the

impact on how well you perform and how happy you are. Mastering thoughts is something many

people only vaguely think possible and fewer still, work on this. However it is not easy, daily focus is one of the essential inputs. If you constantly seize upon the negative and suffocate your new ideas and those of people around you, then you won’t get very far. You’ll probably damage your health and give in too easily when confronted by challenges

3. Low productivity

How we choose to use the same 168 hours in the week varies enormously. People who fail usually don't take enough action. The heart of intelligent action is to try something, evaluate how it went, adjust your strategy, and then try again.

Productivity is simple: 1. Get clear about what you want; 2. Take action; 3. Change your approach if it isn't working, and stick with it if it is. Add the techniques of doing the most important action first and working in uninterrupted blocks of time. : Too many people are disorganized, without the discipline to plan and create blocks of time to accomplish the tasks before them, and also unaware of the benefits of focusing on the few activities that generate the greatest impact

 

4. Fixed mindset

 

There are two mindsets you can have: fixed mindset and growth mindset. When you have a fixed

mindset you are fearful of venturing into new areas and greatly concerned about what other people think of you. This attitude tends to inhibit your activities, making you play safe and not stretch your boundaries. Because we live in an ever-progressing world, that mindset slowly causes you to be left behind in both your 'career and your personal evolution. : Studies by American psychologist Carol Dweck have shown advantages flow to those who don’t feel their qualities and abilities are set in stone, but instead believe they can stretch their capabilities through dedicated and consistent effort.

 

5. Weak energy

 

We often forget that the human body is a machine. Like any machine it needs to be maintained well and powered by a quality energy source. If you're neglecting your energy levels, then eventually you will fail, or at the very least perform at a mediocre level. You need lots of energy to work long hours, think clearly, and remain positive. That means keeping your energy powerful with a variety of aids – sleep, diet, exercise, sunlight, music, and positive self-talk.

 

6. Not asking the right questions

 

Powerful questions are wonderful things. The questions that Reynolds poses are good ones for us all to reflect on. I. What are my values? II. What would I do if I knew I couldn’t fail? III. What could go wrong? IV. How could I make 10 times more

money? V. What would X do? VI. Should I even be involved with this? VII. How would my competition defeat me? VIII. What is the best use of my time right now? IX. When I die, what kind of life would I like to have lived? X. How could I improve that performance?

 

7. Poor presentation skills

 

Great presenters get ahead because their smooth presentations make them look smarter than they may actually are. “The packaging becomes the reality,”

 

8. Mistaking IQ for EQ

 

If you think high IQ is the sole determinant of success, you’re misguided.

 

Emotional intelligence is twice as likely as IQ to indicate success later in life.Emotional Intelligence (EQ) has only been recently acknowledged as an important contributor to our ability to more effectively manage relationships and our thinking processes.

Two good points to note in increasing your emotional intelligence: Firstly, understand your score and the key areas where you are strong. Secondly, being aware of your weaker points and working on them will improve your overall EQ.

 

9. Poor self-image

 

You need a healthy self-image because it determines which actions you will take and how you will feel every day .Part of mental toughness is working on a realistic and positive self-image. Not easy for some, however the will to shift can become part of one’s daily routine.

 

10. Not enough thinking

 

An obsession with doing, doing, doing will ultimately do you in. Instead, you must think, think, and think ideas, Mr. Reynolds says, ideas are golden, but as a society we are suffering from a shortage of thinking time.

 

11. No daily rituals

 

Rituals for sports people are common, expected and practiced. Rituals for executives are rare and ignored. Bringing rituals into the corporate world. Build time into your day for important habits, such as reading about your industry, fitness, improving your social life, and visualizing your goals. Try his happiness ritual as well: Take time to list all the good things in your life.

The trick is to have the right ritual for the particular problem or issue and not to try to solve everything at once.

12. Stress

 

Stress kills your dreams, your happiness, your performance, and shortens your lifespan. Try some stress relievers, from deep breathing to getting into the sunshine. Write lists of what you need to do and what your values are, because those flush some of the uncertainty (and some of the stress) out of your life.

 

13. Few relationships

 

We can't achieve success at any significant level without the assistance of others. Highly successful people always develop a crack team of advisers to help them reach their goals. The fact is, you are only as good as the team around you. You need help to get where you want to be. Build friendships, including an inner circle of about 10 professional and personal contacts who can give you needed support.

 

14. Lack of persistence

 

Persistence is one of the common elements in the great majority of successful people. Talent and persistence make a powerful relationship. One of the most crucial reasons people fail is that they give up too soon

 

15. Money obsession

 

So many of us are obsessed with getting more, more, more, rather than enjoying what we've already got. Building your life around the accumulation of money will lead to misery rather than happiness. Build your life around relationships, community, and serving others. Reynolds is right when he points out that materialism is at epidemic levels and still rising fast in many countries

 

16. Not focusing on strengths

 

Spend your day exercising your strengths rather than worrying about shoring up your weaknesses.A nice reminder to spend as much time as we can on those factors, which add value given our particular set of capabilities.

There are a lot to take in, and the book is jammed with practical tips for dealing with each of the barriers to success

 

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