Time is Your Currency
One of our greatest misconceptions is that we attribute value to things we sense. If we see, hear, taste, touch or smell something, it has value. If not, it’s off our radar.
When it comes to spending money, we obsess over every nickel and dime. We still remember that our friend from high school owes us $100. A $40 parking ticket bothers us for days. We value money because we can sense it, and we run our businesses accordingly.
With time, we’re much less careful. During our workday, we engage in meaningless conversations. We take unnecessary meetings. If an activity is even remotely connected to our business, we’ll spend our time indiscriminately. In a report in the Journal of Behavioral Decision Making, University of Toronto Professor Dilip Soman noted that businesses usually account for monetary investments much more thoroughly than time investments.
Successful entrepreneurs know that their most valuable asset is not money. It’s time.
Circle Of Serenity Technique
Imagine a large circle in front of you or on the side. Inside this circle visualize masters of serenity one by one leaving their serenity inside. Feel a tremendous amount of serenity stored up. Mentally step into this circle and feel that serenity permeating your being from head to toe. Whenever you need some more serenity step inside again.
Love Yehuda Lave
As an adviser and investor, the first thing I teach new entrepreneurs is to value their time. For a start up, most of the initial capital they raise is allocated to salaries, which is their time. Time gives them the opportunity to develop a product, perfect a service or develop the right relationships. Successful entrepreneurs realize that their greatest asset is their time and if they do not budget time carefully, it will cost them dearly.
I once advised company that was on the brink of meltdown. They had a good product, identified a niche and had a team that could deliver. They just couldn’t grow revenues high enough to make their investors happy. When I met with the CEO, it became clear that while he had the vision and capability, he lacked focus. He kept of telling me all the possible paths and opportunities available for the company. The employees were not any better. They took long meetings which ended up in ambiguous detours, and ran around on dinners and lunches freely. I showed them how to value their time like their cash flow. As they valued their time, their focus intensified and their revenues increased.
by Dr. Shmuel Katz
2. Jerusalem was the capital of the Jewish people for thousands of years. And recently, since 1850 the Jews were the ethnic majority of the city, except from 1948 till 1967 when the Jordanians destroyed the Jewish quarter, killed many Jews and expelled the rest. So how can the Jews be accused for occupying your own kitchens and back yards?
3. There was never an independent Arab State in the land of Israel.
4. 80% of the promised Jewish Homeland, as it was delineated in the Balfour declaration and rectified by the League of Nations, was given illegally, by the British Mandate, to the Hashemite Family from Saudi Arabia, to establish a totally New Kingdom of Trans Jordan. Practically, this was the first imposed “two state solution” in the Middle East.
5. In 1929, Arabs massacred 67 Jews in Hebron and expelled the rest, many years before the establishment of the modern state of Israel and before any disputed or occupied land became an issue.
6. In 1947, a new “two state solution,” which was proposed by the UN on the remaining 20% of the promised land, was accepted by the Jews, but was rejected by the neighboring Arab countries. Once Israel was established in 1948 the Arabs started a war to destroy Israel.
7. In 1967 the Arabs initiated another war to destroy the state of Israel, only to be defeated again.
8. On Yom Kippur of 1973 there was another failed attempt to destroy Israel, by force, by Egypt and Syria.
9. Despite the hostilities, generous offers to create a new Arab Palestinian State next to Israel were presented by several Israeli prime ministers, only to be rejected by the Arab leadership who continued their vicious anti-Israeli aggression.
10. They tried to destroy Israel by using indiscriminate terror attacks against innocent civilians.
11. They tried to destroy Israel using a rain of rockets on innocent civilians.
12. The Palestinian Authority is still allowing their children to be taught in school vicious hate and encouraging martyrdom.
13. As their attempts to destroy Israel by force fail, they are pushing a major international effort to delegitimize Israel, using the Boycott-Divestment-Sanctions (BDS) movement as their model.
What can we do? Stay informed and share your knowledge with as many people as you can. Together, we will make the world a better place for all of us and for future generations.
A little entertainment:
I pod magic:One of our greatest misconceptions is that we attribute value to things we sense. If we see, hear, taste, touch or smell something, it has value. If not, it’s off our radar.
When it comes to spending money, we obsess over every nickel and dime. We still remember that our friend from high school owes us $100. A $40 parking ticket bothers us for days. We value money because we can sense it, and we run our businesses accordingly.
With time, we’re much less careful. During our workday, we engage in meaningless conversations. We take unnecessary meetings. If an activity is even remotely connected to our business, we’ll spend our time indiscriminately. In a report in the Journal of Behavioral Decision Making, University of Toronto Professor Dilip Soman noted that businesses usually account for monetary investments much more thoroughly than time investments.
Successful entrepreneurs know that their most valuable asset is not money. It’s time.
Circle Of Serenity Technique
Imagine a large circle in front of you or on the side. Inside this circle visualize masters of serenity one by one leaving their serenity inside. Feel a tremendous amount of serenity stored up. Mentally step into this circle and feel that serenity permeating your being from head to toe. Whenever you need some more serenity step inside again.
Love Yehuda Lave
As an adviser and investor, the first thing I teach new entrepreneurs is to value their time. For a start up, most of the initial capital they raise is allocated to salaries, which is their time. Time gives them the opportunity to develop a product, perfect a service or develop the right relationships. Successful entrepreneurs realize that their greatest asset is their time and if they do not budget time carefully, it will cost them dearly.
I once advised company that was on the brink of meltdown. They had a good product, identified a niche and had a team that could deliver. They just couldn’t grow revenues high enough to make their investors happy. When I met with the CEO, it became clear that while he had the vision and capability, he lacked focus. He kept of telling me all the possible paths and opportunities available for the company. The employees were not any better. They took long meetings which ended up in ambiguous detours, and ran around on dinners and lunches freely. I showed them how to value their time like their cash flow. As they valued their time, their focus intensified and their revenues increased.
13 Facts about Israel & the Middle East
Keeping these facts in mind will help prevent people from falling for Arab propaganda.
by Dr. Shmuel Katz
Anti-Semitism is alive and well, it’s just cloaked in its new garb: anti-Zionism or anti-Israeli occupation. Keeping these facts in mind will help prevent people from falling for Arab propaganda.
1. The Jews have a connection to the land of Israel for more than 3000 years, with continuous Jewish presence in the land of Israel in the majority of this time.2. Jerusalem was the capital of the Jewish people for thousands of years. And recently, since 1850 the Jews were the ethnic majority of the city, except from 1948 till 1967 when the Jordanians destroyed the Jewish quarter, killed many Jews and expelled the rest. So how can the Jews be accused for occupying your own kitchens and back yards?
3. There was never an independent Arab State in the land of Israel.
4. 80% of the promised Jewish Homeland, as it was delineated in the Balfour declaration and rectified by the League of Nations, was given illegally, by the British Mandate, to the Hashemite Family from Saudi Arabia, to establish a totally New Kingdom of Trans Jordan. Practically, this was the first imposed “two state solution” in the Middle East.
5. In 1929, Arabs massacred 67 Jews in Hebron and expelled the rest, many years before the establishment of the modern state of Israel and before any disputed or occupied land became an issue.
6. In 1947, a new “two state solution,” which was proposed by the UN on the remaining 20% of the promised land, was accepted by the Jews, but was rejected by the neighboring Arab countries. Once Israel was established in 1948 the Arabs started a war to destroy Israel.
7. In 1967 the Arabs initiated another war to destroy the state of Israel, only to be defeated again.
8. On Yom Kippur of 1973 there was another failed attempt to destroy Israel, by force, by Egypt and Syria.
9. Despite the hostilities, generous offers to create a new Arab Palestinian State next to Israel were presented by several Israeli prime ministers, only to be rejected by the Arab leadership who continued their vicious anti-Israeli aggression.
10. They tried to destroy Israel by using indiscriminate terror attacks against innocent civilians.
11. They tried to destroy Israel using a rain of rockets on innocent civilians.
13. As their attempts to destroy Israel by force fail, they are pushing a major international effort to delegitimize Israel, using the Boycott-Divestment-Sanctions (BDS) movement as their model.
What can we do? Stay informed and share your knowledge with as many people as you can. Together, we will make the world a better place for all of us and for future generations.
You don't even have to understand German to appreciate this demonstration:
http://www.youtube.com/watch?v=QbePGBafs6g
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