Wednesday, October 28, 2015
Investment is one of those concepts that is usually associated with money. However, I think it should be stretched to every aspect of a person's life. First, I think everyone should learn how to investment their money in the stock market, business venture, and other people. In my short period of time, I have come to find out these three areas provides the biggest return on investment. Their effects can go on for generations. Warren Buffett’s states, “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” I think this is true in all aspects of life. If you invest into a marriage, a friendship, or an employer-employee relationship with this thought, many more people will be successful. When the world shuts down on you; you will continue to grow and become more successful.
Benjamin Franklin states that "an investment in knowledge pays the best interest." I would like to go a step further to state that the application of knowledge is even better. Jim Rohn discussed this principle in-depth. I think it is highly important that people obtain the most amount of information possible. However, I think it is even more important for a person to apply the obtained information to their lives as well as those around them. Invest in yourself; you can afford it. Trust me. Rashon Carraway. As one invest in themselves, they invest in those around them. Essentially, investing your money, your time, and knowledge builds the world around you. The return on investment is insurmountable and long lived. As you know better, you do better.
Ronnie O. Rice, Ph.D.
Monday, October 19, 2015
Life is like a bicycle. In order to keep your balance you must keep moving. ~ Albert Einstein. This is a statement that has stood the test of time. Achieving your goals and becoming more successful depends on you moving forward through ups and downs of life. Three ‘mantras’ help me move successfully through life: (1) March 4th; (2) Energy is neither created nor destroyed; and (3) Be real with yourself.
March 4th : Les Brown mentions in his speeches about a lot of his friends dying on March 4th. He suggests this is a way for his friends and family members to encourage us to March forward in life. Through the seemingly adverse times in life, it is essential to keep moving forward. Keeping thine eyes set on the positives and advantages of life gives your ability to capitalize on life’s opportunities.
Energy is neither created nor destroyed. Maintaining your energy, i.e. emotions is imperative when maintaining your balance. One way to maintain your energy is to keep focus on your dreams. By focusing on your dreams, it allows you to become unwavering in regards to your emotions. Whenever someone gets emotionally, it is usually due to not knowing the end results. Your dreams is the end result.
Be real with yourself. Sean Combs stated at Howard University’s graduation ceremony that whenever you get knocked down, a person needs to be real with themselves. What is it going to take for you to move to the next level? I do this on a constant basis. This helps me achieve my goals, especially at times when I think life is unfair.
All in all, these ‘mantras’ helps me to stay the course of success and goal achievement: (1) March 4th; (2) Energy is neither created nor destroyed; and (3) Be real with yourself. The success I have achieved thus far has been partially due to me to continue to move forward. There is no stopping point in life outside of death. So as long as you are doing what you love to do, retirement is not necessary.
Ronnie O. Rice, Ph.D.
Monday, October 12, 2015
I’ve always heard of this while going to church when I was younger. However, I’m learning the importance of it as I’m older. For those who may not know, ‘standing in the gap’ stems from the biblical scripture Ezekiel 22:30. However, I have extended ‘standing in the gap’ to mean to speak up for and to defend someone. Often times, there are people who may be going through difficult times and simply need someone to speak for them and/or defend them. Sometimes, this includes people who are wealthy, highly educated, and operate in the lime light.
Two ways to stand in the gap for someone is to (1) speak nicely of people even if they offended you; and (2) stand up for those who can’t speak for themselves. Always speaking nicely of person forces one to look at that other’s strength. Speaking nicely about a person allows you to see opportunities to grow that other person.
Also, standing up for those who can’t speak for themselves allows room for progress. People who can’t speak for themselves includes people who aren’t there to speak for themselves. This situation plays out in organizations on a daily basis. People who ‘stand in the gap’ engages this situation to assist in the smooth flow of operations. In essence, ‘stand in the gap’ for those including your friends, your family, and those who may appear to be more successful than you. This will always help everyone out better in the long run.
Monday, October 5, 2015
"We want people where ... every aspect about their personality makes you want to be around them. ... Trust first, ability second." – Charlie Munger
Pay people through time, wisdom, money, etc. This shows a respect level for that person’s experience, time, and being. Everyone has something to say, but only listen to the ones who have something worth to say. I’ve came into contact with so many people who has inspired me to become more successful. The key to meeting and listening to them was paying them through my respect of who they are and the amount of wisdom they possess.
Stand in the Gap. This is something you hear in a lot of Southern Baptist Churches. However, it applies in everyday life. Help those who may or may not have helped you in the past. Everybody has fallen in life. On the other hand, there is a thin line between helping and needing to be help; recognize the difference.
"Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.” – Charlie Munger
Mr. Munger got it right in this regards because there is so much one can learn about other people and cultures. As we learn more about the life that surrounds us, we learn how to achieve in it. Taking this suggestion a step further, applying what someone learns has an even greater impact on one’s success and ability to help others.
“Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted the independence. I desperately wanted it.” – Charlie Munger
Becoming more independent shows the world that you are serious about doing your part to help move it forward. The old adage, ‘if you aren’t part of the solution, you are part of the problem’ is true. People who get the job done are not only optimists, but they realize the issues at hand and make necessary steps to overcome those obstacles.
Ronnie O. Rice, Ph.D.