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Showing posts from November, 2009

Seven Ingredients of Success

Recently I was reading a passage from Tom Morris’ Wisdom Institute that outlined the Seven Degrees of achievement. They include: Conception, Confidence, Concentration, Consistency, Commitment, Character, and Capacity

The art of successful achievement requires that we focus our energies toward favorable outcomes by living in accordance with seven universal conditions for positive achievement. In times of change, uncertainty, doubt, and turmoil you need to use these seven Cs constantly and relentlessly, as individuals and teams. A summary of each is listed below

A clear CONCEPTION of what we want, a true and obtainable vision, and a goal clearly imagined and a passion easily followed.

If you do not know where you are going, you will most likely end up there. Setting a goal is often difficult when the world around you is rapidly changing or in a state of flux, but it is the most important thing you can do if you ever hope to truly be successful. A disciplined use of our intellects and …

Money and Velocity

Almost 9 months ago the government pumped in $757 Billion, that is right Billion, into the economy, but for some reason, they still do not realize that what they did, though noble, was not the most effect way of stimulating the economy. Why? It is because they do not understand the power of money’s momentum. Essentially, the faster money flows, the stronger you economy. Why? Well, as money moves through the system, its “effect” in multiplied by the number of times it exchanges hands. This velocity of money actually makes it seem like there is more money in the system than there actually is, or that the multiplicative effect of the existing money is greater as the velocity increases.

Back in school, I learned a few interesting equations about how velocity effects things. These include momentum, kinetic energy, and finally Einstein’s equation of relativity. To review these equations are:

Momentum
momentum = mass * velocity

Kinetic Energy (KE)
KE = ½ mv2 (where m=mass and v=velocity)

Finally, …