Skip to main content

The privilege of rendering more service

Another important feature of this habit of offering more and better service than you are paid to do is that this habit can be developed without having to ask permission to do so. Such service may be rendered through your own initiative, without the consent of anyone else. You do not have to consult those to whom you render the service, for it is a privilege that you control.

There are many things you could do that would tend to promote your interests, but most them require the cooperation or the consent of others. And if you render less service than that for which you are paid, you must do this with the agreement of the purchaser of the service, or the market for your service will soon cease.

If you fail to do so, you haven't a plausible excuse to offer, or an alibi on which to fall back, if you fail in the achievement of your definite chief aim in life.

Every person should be their own hardest task-master. We are all fine builders of alibis and creators of excuses in support of our short comings. When we do this we are not seeking facts and truths as they are, but as wish them to be. We prefer words of flattery to those of cold, unbiased truth.

Furthermore, we usually become resentful toward those who dare to uncover the truth for our benefit.
We court flattery more than we do truth.

Our strength grows out of our weakness.
A great man is always willing to be little. When he is pushed, tormented, defeated, he has a chance to learn something; he has been put on his wits, on his manhood he has gained facts; learned his ignorance; is cured  of the insanity of conceit; has got moderation and real skill. The wise man always throws himself on the side of his assailants. It is more his interest than it is to find his weak point. Blame is safer than praise.

In the arena of human life the honors and rewards fall to those who show their good qualities in action.
-Aristotle

It is a unvarying law that strength grows out of resistance.

If we pity the poor blacksmith who swings a five pound hammer all day, we must also admire the wonderful arm that he develops in doing it.
"Because  of the dual constitution of all things, in labor as in life, there can be no cheating," says Emerson. "The Thief steals from himself. The swindler swindles himself. For the real price of labor is knowledge and virtue, whereof wealth and credit are signs. The signs, like paper money, may be counterfeited or stolen, but that which they represent, namely, knowledge and virtue, cannot be counterfeited or stolen."

The very essence of Ford's Business philosophy was this:
"Give the people the best product at the lowest price possible."

When other automobile manufacturers raised their prices, Ford lowered his. When other employers lower wages, Ford increased them.

This policy made the law of increasing returns work so effectively for Ford that he became the richest and most powerful man in the world.

Life is but a short span of years at best. If we were placed here the purpose of laying up treasures for use in a life that lies beyond the dark shadow of Death, may it not be possible that we can best collect these treasures by rendering all the service we can, to all the people we carry in a loving spirit of kindness and sympathy? I hope you agree with this philosophy.

When you deliver the best service of which you are capable, Striving each time to exceed all your previous efforts, you are making use of the highest form of education. Therefore, when you render more service and better service than that for which you are paid, you, more than anyone else, are profiting by effort. 

Any man may become Great by doing the commonplace things of life in a great spirit, with a genuine desire to be of helpful service to others, Regardless of his calling.
-Napoleon Hill

It is only through the delivery of such service that mastery is your chosen field can be attained. For this reason you should make it a part of your definite chief aim to strive to surpass all previous records in all that you do. Make this part of your daily habits, and follow it with the same regularity with which you eat your meals.

Make it your business to render more and better service than that for which you are paid, and before you realize what has happened, you will find the world is willingly paying you for more than you do!
Compound interest upon compound interest is the rate that you will be paid for such service. Just how this pyramiding of gains takes place is left entirely to you to determine.

This lesson can be of no value to you unless it moves you to adopt and use the knowledge it has brought you. Knowledge becomes power only through organization and use.
Do not Forget This.

You can never become a leader without doing more than you are paid for, and you cannot become successful without developing leadership in your chosen occupation.

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

CAN A FIRM ALWAYS SPOT THE NEXT GREAT TRADER?

 No. But a prop firm can tell who has a poor chance to become a CPT. To be good at anything will take everything you have. Not having developed the skills to work hard is a turn-off. Trading is a skill learned by doing, not just by reading a lot, theorizing, or the faux art of “paper trading.” THE PROS AND CONS OF RECRUITING EXPERIENCED TRADERS Loyalty is a good thing to a point, but it cannot trump logistics and reality. losing money should really bother you. If I am negative three days in a row, I spend a long evening on my couch with a bottle of red wine and comfort food. As traders, we can all recite the memorable line from Wall Street: “A man looks in the abyss, there is nothing staring back at him. At that moment he discovers his character. That keeps the man out of the abyss.”  Traders don’t talk about how they want to trade, what they want to read about trading, or how they wish they could talk about trading. Traders trade, read about trading, and talk about trading.

Reading the Tape

 Dr. Steenbarger, aka the godfather of modern trading psychology, wrote: “My experience is that an understanding of (and ability to read) order flow is one important factor that separates the older, successful generation of day traders from the newbies who only know simple chart patterns and indicator readings.” continue working on the skill of reading the tape and to sell the stock on the offer when the tape showed weakness. “Reading the tape must be learned through personal experience and long observation.” keep in mind that nothing can top experience. Don’t give up. It is not always this easy to Read the Tape. But there are plays where it really is simple. And reading the tape will offer pattern recognition plays that you can exploit. Overcoming a Confirmation Bias We all fight confirmation bias. But it will harm our performance if we do not overcome it. Let the tape talk to you. And use online vehicles like StockTwits and your peers sitting next to you to gain second ...