Monday 6 June 2022

How To Write A Good WHY Statement


Once you have discovered your true calling in life you want to create a WHY statement around it. Your WHY statement needs to be compelling because you want to use it to motivate you every day to do the right things to attain fulfillment in your life.

 

There are a number of formats that you can use to write your WHY statement but at the end of the day it is up to you. There are no hard and fast rules here. The most important thing is that your WHY statement really resonates with you and that it is effective.

 

Four Elements of an Ideal WHY Statement

 

Although you don’t need to conform to any set rules there are four elements to a good WHY statement that we strongly recommend that you follow. Your WHY statement need to be very clear and as concise as possible for you and any people that you choose to share it with. So we strongly recommend that you include these 4 elements in your WHY statement:

 

1. Make your WHY statement clear and simple

 

It is really important that your WHY statement provides you with clarity about your life’s purpose. It needs to be simple to understand and as concise as you can make it. At the end of the day it needs to make sense and resonate with you.

 

2. Your WHY statement needs to promote action

 

Your WHY statement must inspire action. There is no point just writing a WHY statement and then do nothing with you. It needs to inspire you to work towards your true calling in life and motivate you to work on this every day.

 

3. Include your Contribution to others in your WHY statement

 

If you can help others then you will help yourself. Every good WHY statement needs a contribution element to it so make sure that yours does as well. Having a contribution element will inspire you to move forward each day.

 

4. Make your WHY statement positive and ensure it resonates with you

 

It will actually be pretty difficult for you to create a WHY statement that is negative but ensure that it is really positive. When you read your WHY statement it needs to resonate with you and motivate you to take action towards your life’s purpose.

 

How long should your WHY Statement be?

 

Again, there are no strict rules to follow here. Your WHY statement needs to be as long as you need it to be. Having said that we recommend that you keep your WHY statement as short as you can. 

 

The most important thing is that your WHY statement contains the 4 important elements that we discussed above. While others may be able to write their WHY statement in one sentence this may not be enough for you. This doesn’t matter at all so please do not concern yourself with this.

 

Aim for an Evergreen WHY Statement

 

An evergreen WHY statement is one that you will not have to change very often, if at all. You want to use your WHY statement in all aspects of your life both in your work and personal life. 

 

When you are writing your WHY statement, think about it as a way to express the value that you provide to others at work and in your personal life. There is no need for you to write two WHY statements to cover this.



How To Live By Your WHY Statement


Having invested a lot of time and energy finding your true purpose in life and writing your powerful WHY statement it is essential that you live by it going forward. You need to make the right choices in life that fully support your WHY statement and avoid those choices which move you away from it.

 

If you have made a statement of contribution to help others in your WHY statement then it is not a good idea to go to the bar every night and get drunk. You are not going to be able to help a lot of people in this condition, are you? 

 

OK this is a pretty extreme example, but it is a real one and if this is something that you currently do then you are going to have to change this behavior right now. In fact, anything that you currently do that doesn’t fit with your WHY statement is going to have to stop.

 

Take Stock of your current Lifestyle

 

A lot of people that find their true calling and write personal WHY statements find that their current way of life is far away from where they really want to be. We recommend that you examine all of your current habits to see if they align with your WHY statement.

 

If your habits are not in alignment then that is OK. You will need to commit to making adjustments so that you can align with it. Give yourself time to do this as it may take longer than you think to break certain habits.

 

Persistence will Win the Day

 

You will need a good deal of persistence to change your life to align with your WHY statement if there is a significant gap. By making small changes on a regular basis, you will get there in the end. 

 

The best results will come your way when you are persistent. Each day make a list of the things that you need to do to align your life with your WHY statement. Review your progress at the end of each day and plan for the next day. By taking small and regular actions you will develop your persistence and get the results that you want.

 

Focus on Providing Value to Others

 

In your WHY statement you made a contribution to help others. Make this your focus going forward. Most people tend to focus on money and are always looking for ways to make more. When you change your focus to helping other improve their lives then you can do it in such a way that the money will follow.

 

Don’t get hung up on small things. Too many people focus on the minutia of life and never achieve anything. Your WHY statement will provide you with the “big picture” so use it to focus on the important things that will get you where you want to be.

 

Living by a WHY Statement is not easy

 

The reason that so many people just drift along in life is because it is an easy option. It doesn’t take much effort to sit in front of the TV for hours eating snacks. When you are committed to a WHY statement then there will be no easy options for you. It is all or nothing.

 

Accountability will help you here. Share your WHY statement with people that you know. Try to find a WHY statement buddy who will hold you to your mission in life and quickly point out to you if you are going off track.

 


The Benefits Of Bitcoin For Businesses Explained


Since Bitcoin was launched in 2009 over 80,000 businesses have adopted it. The reason that these businesses and many more, like dealing in Bitcoin is because it offers them some incredible benefits. In this article we will examine all of the major benefits that including Bitcoin as part of a payment system works so well.

 

The Risk of Fraud is much lower

 

When a business allows their customers to use Bitcoins to make payments it is an advantage to the buyer because they do not have to share any of their confidential financial details such as debit or credit card numbers.

 

With conventional payment methods a business usually stores the customer’s financial data for future transactions. This is fine if their systems are secure and they do not suffer from any data breaches where cyber criminals can steal their information.

 

Trading in Bitcoins is really a form of digital cash and hackers cannot intercept a Bitcoin transaction. Also, this protects your identity and in the event of a data breach your financial details are not at risk.

 

There is no Inflation or Deflation with Bitcoin

 

With traditional currency the government of a country can manipulate the money supply by increasing or decreasing it. There are no governments involved with Bitcoin and therefore it doesn’t suffer from any inflation or deflation.

 

There are a finite number of Bitcoin tokens so creating more of them is not possible. When there is no possibility of inflation an investor can choose Bitcoin as a more stable investment than fiat currency.

 

The Transaction Fees are lower

 

The transaction fees associate with credit card payments and wire transfers are pretty high from banks and other financial institutions. In comparison, Bitcoin transaction fees are very low. 

 

Most businesses accept credit cards and end up passing on the cost of the transactions to their customers. With the low fees associated with Bitcoin payments they can reduce the sale prices of their products and services.

 

Payments can be Faster

 

Although credit card payments are usually fairly fast, there can be problems where a business will not receive their money for a number of days especially if customers initiate chargeback’s. 

 

Once a Bitcoin transaction goes through then it is irreversible. It normally takes less time to receive a Bitcoin payment than it does a credit card payment. It is common to receive a Bitcoin payment in around 2 business days.

 

Bitcoins are Safer

 

There are no third parties involved in Bitcoin. No government can seize your Bitcoins or freeze your account. It is very difficult to steal Bitcoins as well if you secure them in the right way. 

 

Faster and less expensive International Payments

 

These days a lot of businesses look to outsourcing specific tasks for their business to freelancers who are located in different countries. This is fine but usually there are high transaction fees associated with making international payments.

 

Also the freelancers have to wait several days to receive their money. International bank transfers are notoriously slow. You can make a payment in Bitcoins anywhere in the world for a very small transaction charge. The recipient also receives the Bitcoins a lot faster than an international bank transfer.

 


The Best Way To Find Your WHY


There are a small percentage of the population that spend a great deal of time trying to identify their true purpose in life. This is agonizing for them and some will find their true WHY and others will not. 

 

The reality is that some people just don’t care about their WHY. They are happy for life to control them and drift along day by day. But you need to find your WHY because it is very important. Once you know your true reason for being then you can pursue this with passion and vigor to attain complete fulfillment.

 

Ways you can Find your WHY

 

Most people try to find their WHY using trial and error. They jump on every opportunity that they can to see if it leads to the Promised Land. This may work in a very small number of cases but will fail most of the time.

 

Another thing that you can do to try and find your WHY is to follow others. Maybe you have a friend or someone else that you are close to that you believe is a lot happier than you are and want to do the things that they do.

 

So, you decide to set the same goals that they do in the hope that you will find the same fulfillment. The problem is that you are not going to be as committed to these goals as your friend is. When your heart isn’t really in something then there is not much chance of you achieving your goals.

 

Maybe you have seen something on TV or on the Internet. You see people are really happy with this so you decide to pursue it as well. But you need to bear in mind that most of this is marketing and that the people looking happy in the ads are being paid to do this. Please don’t believe everything that you see on TV or the Internet.

 

Finally, you can decide to really find your true purpose in life. It is not going to be the easiest path for you to take but you know it is the right one. Trying to follow the passions of others is rarely the best thing to do. You need to know what your true passions are and then do everything possible to follow them.

 

We are all different and all have different passions. Only when you identify what yours really are will you find fulfillment. So don’t waste your time with trial and error or following someone else because it is not going to work.

 

Ask yourself Questions to find your WHY

 

If you want to find your true purpose in life then you need to take the time out and ask yourself some soul-searching questions. This is not going to be an easy task and it will take you time to do this. But the rewards are certainly worth it because discovering your WHY is one of the best things that you can do in life.

 

So, find yourself somewhere quiet where you can spend some quality time asking and answering the right questions to find your WHY. You don’t want any distractions while you are doing this. Bring your journal with you or a pen and paper as you will need to write down your answers. Here are the questions to ask yourself:

 

  • How can I improve the life of others?
  • What are the things that I do where time seems to pass by quickly?
  • What did I really enjoying doing as a child?
  • When people ask me for help what help do they want?
  • What would I do if I didn’t have to worry about money?  

 

Use your answers to these questions to determine your WHY and create a WHY statement.



The 3 Pillars Of The Bitcoin Blockchain


Blockchain technology supports the Bitcoin network. It is extremely secure and now many organizations across the world are seriously looking at it for not just financial transactions but for their supply chain processes as well. In this article we will discuss the 3 pillars of the blockchain technology behind Bitcoin.

 

The Decentralization Pillar

 

Before the invention of blockchain most transactions over the Internet involved a central server. This server stored all of the essential data that supported the service that it provided. A good example of this is the banking system. Your bank stores your money and when you need to pay someone you have to use them and they charge you for this.

 

Client server technology is everywhere online. When you use a search engine to find something your query ends up on a central server which dispatches the information that you asked for. The problem with client server is that there are a number of vulnerabilities:

 

  • The biggest and most obvious of these is that everything is stored in one place. This makes a central server a real target for hackers. 
  • If there's any operational issues with a central server, the whole system grinds to a halt.
  • The data held on a central server can be compromised which shuts down the whole operation.

 

The solution to these centralized vulnerabilities is decentralization. With a decentralized network all computers have the same information stored. If you want to interact with someone else on a decentralized network you can do this without any third-party intervention. You can send and receive Bitcoins without the use of a bank and a centralized server.

 

The Transparency Pillar

 

A lot of people do not fully understand the concept of transparency when it comes to blockchain technology. Isn’t the Bitcoin network supposed to be private? Yes, it is but it is also public for verification purposes.

 

You need to understand the concept of public and private keys here. A public key is used on the blockchain to show that you have made a transaction. Your private key is never shared. It is linked to your public key to make the transaction valid.

 

With the Bitcoin blockchain you can see the public keys associated with all transactions. No other financial system has ever had this kind of transparency. There is a much-needed level of accountability with blockchain that financial institutions certainly want.


When you have a blockchain public address you can view all of the transactions made using that key. A lot of financial institutions are looking at blockchain because of this but some are concerned that it will force their hand to reveal all of their transactions!

 

The Immutability Pillar

 

Blockchain technology creates immutable records. This means that after verifying a transaction you cannot change it. Once your transaction is added to the blockchain there is no turning back. You cannot reverse the transaction.

 

The immutability in blockchain comes from the cryptographic hash functionality. The blockchain system takes input strings of any length and converts these to an output string of a fixed length. The Bitcoin blockchain uses the highly secure SHA 256 algorithm.

 

Blockchain is basically a linked list of transactions. Each block has a hash pointer connecting it to the previous block. If a hacker tries to change the details of a block it will affect the entire blockchain which is impossible to do.

 


The Three Different People In Life And Why You Need To Choose The WHY Path


All human beings do the things that they do for a reason. They also avoid doing certain things for a reason as well. The reasons behind some of the things that we do are obvious. We eat because we are hungry and want to survive. We bathe because we don’t want to be dirty and smell bad.

 

But there are other things that we choose to do, or avoid doing, that have more complex reasons behind them. If you know someone that works a job that they really hate then have you ever wondered why they do this? The obvious answer that most people will come up with is “they need the money” or “they are desperate”.

 

But there are other reasons that can come into play here. Some people just don’t want the extra responsibility that comes from working a higher paid job. Others avoid applying for better jobs because they do not have the confidence and belief in themselves that they can do the job.

 

When you look at the overall population, we believe that there are three different types of people in this world. In this article we will examine these and explain why it is your interest to choose the WHY path. You will understand this more as we go along.

 

1. The Drifter People

 

This accounts for the vast majority of the population. They may have dead end jobs or they might have reasonably good jobs but they have no idea what they really want from life or which direction they are heading in. These people drift along in life and “go with the flow”. They don’t like change and are usually happy to be a drifter.

 

If you were to stop one of these people in the street and ask them what they really wanted in their life then they would not be able to tell you. They may come up with a few material things like a nice house and a car but they do not have any real plans.

 

Ask them where they want to be in the next 5 years and you will get a blank look. Most of them don’t know where they will be in the next 5 days. These people never set any goals for themselves with the exception of setting New Year’s resolutions to lose weight and other things that they never follow through on.

 

2. People that find themselves Stuck

 

These are a much smaller percentage of the population who are not happy with their current situation and want to change it. They want to identify and follow their true purpose in life but they are stuck trying to find it.

 

As a result of being stuck then tend to go off in all different directions searching for that thing that will make them fulfilled. This is better than being a drifter but very frustrating as you are largely relying on luck to find real meaning in your life.

 

3. People that know their real purpose in life

 

This is an even smaller percentage of people that have identified their true calling in life. The know exactly what their WHY is and they are driven to achieve it. They have goals and plans and work on them relentlessly every day.

 

We recommend that you choose the WHY path. When you discover your true WHY in life you can set the right goals and attain total fulfillment. Don’t let life dictate your future – take control right now and identify your true purpose in life and go after it.

 


Why Is Bitcoin So Popular?


When Bitcoin launched in 2009 the promise was that it would allow financial transactions on a peer-to-peer network without the need for any financial institutions or government control. A lot of people that knew about it at the time were very excited about the possibilities while others were somewhat skeptical.

 

The digital currency was actually a secondary consideration. It was the blockchain technology that so excited the creators and those that were part of the peer-to-peer community. But the Bitcoin currency has turned out to be a lot better than was expected. There are several reasons for its significant growth in popularity.

 

Transactions are Private

 

The concept with Bitcoin is that it was totally anonymous. Anyone could make a transaction from anywhere to anywhere in the world and nobody would know who was involved. These days to use Bitcoin exchanges to make transactions you do need to provide some personal details but it is still a lot more anonymous than other financial transactions.

 

A good example of this is when using Bitcoin to make purchases from vendors both in online stores and brick and mortar stores. You can complete the transaction without having to provide any of your personal information to the vendor.

 

More Businesses are accepting Bitcoin

 

The growth of Bitcoin has led to more and more businesses adopting it. They will accept it as a form of payment and also use it to make payments to outsource workers in different countries. 

 

With large brands such as eBay, Intuit and the DISH Network embracing Bitcoin more people are becoming interested in the digital currency. A lot of people have now decided to invest in Bitcoin because of this.

 

The Security of Bitcoin

 

Over the last few years there have been some serious data breaches happening to well-known companies such as target. The cyber criminals who committed these breaches stole personal information about the customers of these companies. They then sell this information on the black market.

 

With Bitcoin and the underlying blockchain technology you can make financial transactions without the need to provide sensitive financial information. The decentralized ledger in Bitcoin is extremely secure and virtually impossible to hack. There is no exposure of Bitcoin wallets when making financial transactions.

 

Transactions are Cheaper

 

To send money to another person using your bank will often cost you quite a bit in transaction fees. These rise considerably if you need to send money to someone in another country. 

 

International payments also take time as well and it is not uncommon to have to wait a few days for a transaction to clear. There are very small fees involved with Bitcoin transactions and it is a lot faster to make a transaction to another country.

 

You can Hide with Bitcoin

 

This is not a good thing but it is another reason for the popularity of Bitcoin. Some people use it to make illegal transactions on the Dark Web. We are not condoning this in any way but it is no surprise that Bitcoin is popular because of this.

 

Bitcoin is reasonably Stable

 

While there is a degree of volatility with Bitcoin it is actually more stable than some fiat currencies. There is a limited number of Bitcoins so you can’t create more to cause inflationary problems. 

 


Why Your Business Needs A WHY Statement


A WHY statement for a business is known as a “mission statement”. It is similar to a personal WHY statement in a number of ways. Having a good mission statement is important but most business owners don’t bother to create one. Or they write one for a business plan and then never look at it again.

 

Writing a good mission statement is essential. If it is done in a rush and doesn’t encapsulate all of the important things about your business then it is a complete waste of time. In this article we will explain why it is so important to create a strong mission statement and take the time and effort to do so.

 

It Provides Direction

 

A good mission statement will always clearly state the direction of a company. It will include the main goal of the business and this is important for customers, employees, suppliers and stakeholders to know.

 

As your business launches new products and services your customers and employees will understand why you have done that if you have a strong mission statement. They will see how they align with the direction that the company is heading in and will be more committed to them.

 

It will provide Employee Unification

 

In any company that has a number of different departments there is often a disconnect between them. These days many businesses outsource work to skilled freelancers and external companies and this makes the problem worse.

 

For example, if the company is planning to launch a new product, then it is very likely that most of the departments and a number of outsourcers and external companies will be involved. If no strong mission statement exists then there is a much higher chance of the overall goal of the project being lost on different people.

 

When you have a strong and explicit mission statement and you share this with all parties it makes it a lot easier for everybody working on the product launch project to see how they fit in and how important their role is.

 

A Mission Statement helps to maintain Focus

 

When a company grows and expands their reach it is often the case that both the bosses and the workers will lose their focus. If your business has a strong mission statement then this can be avoided. 

 

Loss of focus can really harm the reputation of a business. Its brand can suffer and so can its overall image. With a strong and explicit mission statement in place it will provide guidance to all during periods of growth. The mission statement will remind everyone of the main goal and help to keep its reputation intact.

 

Creating Accountability with a Mission Statement

 

Any business will exist to fulfill a specific purpose or need and this needs to be stated clearly in your mission statement. A business needs to be accountable so that it can continue to improve and serve its customers better. If the overall purpose of the business is unclear then it is going to be difficult, if not impossible, to make these improvements.

 

You need to make it clear in your mission statement what your business wants to accomplish. This will help to hold both the business owners and employees accountable and ensure that everyone is striving to achieve the same goal.

 


Getting The Best Results From Your WHY Statement


It is no easy task to identify your real purpose in life and write a compelling WHY statement that will drive you forward. In reality this is going to take a lot of time and effort to get it right. So when you make this kind of investment in your WHY statement you want to make sure that you get the most out of it afterwards.

 

In this article we will explain how you can do that. As soon as you have your WHY statement written you can start to do these things which will help to transform your life for the better. Don’t just write your WHY statement and then not take any action and follow through on it. If you don’t take action then there is no point writing your WHY statement.

 

Use your WHY Statement to set inspiring Goals

 

Only a small percentage of the population actually set goals. Some of these people choose to do this at New Year when they are in a drunken haze. We do not recommend this as it rarely works out well. Others will set goals with a clear head but they end up going for goals that they are not totally committed to and then fail to achieve them.

 

You may be wondering why anyone would set themselves goals that they are not really committed to. Well, it happens a lot and sometimes this can be other people influencing us to do something that seems like a good idea at the time.

 

For example, you may have a close friend that has decided that they want to climb Mount Everest. They put pressure on you to do this with them. You agree because you value their friendship but you do not really have any desire to start mountaineering.

 

You go to classes with your friend and soon lose interest. Your heart is not in it like theirs is. So, what do you do? Well, you may have to dream up some credible excuse why you cannot pursue this goal with them. Maybe lie about a physical problem that you have which prevents you from climbing mountains?

 

This kind of thing can be completely avoided when you have a clear and compelling WHY statement. You will have clarity about where you want to go with your life and there will be no need for you to be influenced by others.

 

It will be a lot easier for you to identify and set your goals when you have a powerful WHY statement. You will also be totally committed to achieving the goals because they are in line with your real purpose in life. It doesn’t get any better than that.

 

Let your WHY Statement Guide your Decision Making

 

Without truly knowing what your purpose in life is it will be very easy for you to make the wrong life choices. You will be vulnerable to any temptations that come your way and to ride the wave of the “next big thing”.

 

Most decisions that you need to think about have consequences. People that drift along aimlessly in life rarely consider these consequences and as a result end up living a life that they don’t want.

 

When you have a powerful WHY statement as a guide you will make a lot better decisions in your life. It doesn’t matter how big or small the decisions are you can use your WHY statement to guide you down the right road.



Avoid These 4 Creativity Killers


When you are trying to boost your creative intelligence there are things that you need to avoid to give yourself the best chance of success. If you don’t do this, it doesn’t matter how much time and effort you spend on using different creativity techniques you are not going to get the optimal results.

 

We call these 4 things creativity killers. You need to know what they are and you must avoid them. In this article, we will explain what these are and what you can do to avoid them. Some of them are easy to avoid and others not so easy.

 

1. Being in a Creativity Stifling Job

 

This is one of those that is not so easy to avoid. A lot of jobs do not require you to use any of your creative talents. The boss shows you how to do the job and then you need to follow these instructions forever until someone changes them. That someone is not going to be you.

 

In a lot of jobs, you will be actively discouraged from trying to come up with creative ideas and new ways of doing things. This is a pretty short-sighted thing for a business to do but it does happen a lot. So, what can you do if you have a creativity stifling job?

 

The most obvious answer is to get another job where you can use your creativity. We appreciate that this is easier said than done. If this is not an option for you then change your routine at work. Go out for lunch and find an area where you can be creative. Spend time with different people every day to get a fresh perspective.

 

2. Being too Connected

 

What we mean here is that you are so involved with everyone and everything you never have time for creativity. Every minute of every day you are busy doing something. If this is you then you need to change this right now.

 

Everyone seems to have a smartphone these days and they just spend too much time with it. It really is not necessary for you to respond to every notification you receive immediately. Look at different ways that you can disconnect yourself so that you can free up some creative time.

 

3. Copying others

 

You have been asked by your boss to come up with some new ideas for the company website. Most people in this situation will look at what their competitor is doing and suggest that this is copied. It is OK to look at the work of other creative people for inspiration but it is not a good idea just to copy them.

 

Anyone can copy someone else. It is the easy way out and you do not need to use any creativity to do this. Don’t just follow what others do – find inspiration elsewhere and come up with your own ideas.

 

4. Ignoring what others are telling you

 

This is something that a lot of entrepreneurs do because they are so focused on their own ideas. Not listening enough to others can happen elsewhere of course. When you listen to others you will gain a different perspective on things and be able to learn from their ideas. Don’t deprive yourself of this opportunity.