Wednesday, 27 November 2013

The Course of Wealth

It’s no news that we live in a financially chaotic world where every individual is constantly on a quest to amass wealth to a very great extent despite their present state of comfort. Thus man is truly insatiable. This makes money seem more like sea water; the more you drink it, the thirstier you become.
While the inward strength of a man seems less defensive for him to survive in this spontaneous world, he may resort to fix his mind on quick but unexamined ways he can explore to gain riches without having what it takes to qualify for riches.
This world operates on a nothing-for-nothing principle. You’ve got to give out something to gain something. This is the whole secret to attaining that wealthy life you desire.
The entire trip to the destination of wealth is largely dependent on a single question—what can you give in exchange for wealth? Your answer to the question will tell if you can embark on the trip and successfully accomplish it, or tell if you can embark on the trip and just crash on the way.
What you can give in exchange for riches starts with the possession of a principal quality which is the recognition of the value of money to the last dot. You’ve got to know the worth of one dollar if you want to make millions of dollars. Recognizing the value of money will help you to build a habit of personal and business budgeting, and conversely eliminate the attitude of wastefulness.
Subsequent to the recognition of the value of money is passion. Where there is no passion, there will be passivity (deadness). Passion for what you do is like the fertilizer applied on crops. It gives you more achievements quicker than expected, and opens doors for more developments. The growth of your wealth lies more on the passion you have for what you do.
The last offer to give in exchange for wealth is the quality of hardworking. The Bible states it clearly that there is no food for lazy man. If you are lazy, you won’t have food to feed your hungry stomach, let alone possessing riches. Being hardworking is the major source of energy for your pursuit of wealth.
The trip to wealth is ultimately an exciting trip if its ideology is well sunk in your mind and continually practised as you live everyday life.


Wednesday, 20 November 2013

How to use Microsoft Excel to solve Linear Programming

Microsoft Excel 2010 can be used to solve wide-ranging problems. In this article, I’ll be discussing how to use Excel to solve linear programming.
Linear programming is an optimization technique used to determine the maximum or minimum value of a given parameter that is dependent on some given variables.
If for example, you are given the following to solve
Maximize    P = x + 4y
Subject to   -x + 2y ≤ 6
       5x + 4y ≤ 40    (x, y ≥ 0)

SOLUTION:


STEP 1: Start the Excel program, and you will see this interface

STEP 2: Click on the File tab
STEP 3: Click on Options, and a new window will pop up
STEP 4: Click Add-ins on left hand side of the new window
STEP 5: Click the Go… button besides the manage drop-down box, and a new window will appear
STEP 6: Tick the Solver add-in and click OK
Note: You can skip steps 2 to 6 if you have initially enabled the Solver add-in.
STEP 7: Leave cells A1 and B1 empty; these cells will be used to determine the optimum values of x and y respectively.
STEP 8: Enter the coefficients of x and y and the constants (6 and 40) in the second and third rows as follows
STEP 9: Enter the coefficients of the P-function in the problem in the fourth row as follows
STEP 10: In cells D2, D3 and D4, enter the following formulas,
D2 formula is      =A2*A1+B2*B1
D3 formula is       =A3*A1+B3*B1
D4 formula is      =A4*A1+B4*B1

STEP 11: Click Data tab, click Solver in the Analysis group; a new window will pop up
STEP 12: Set cell D4 as the Set Objective and tick Max
STEP 13: Select cells A1 and B1 as the Changing variable cells
STEP 14: Click Add to add the constraints; a new window will pop up
STEP 15:  all the constraints you will add are listed below
A1 ≥ 0
B1 ≥ 0
D2 ≤ C2
D3 ≤ C3
So for the first constraint, the cell reference will be A1, the sign will be >= and the constraint will be 0 (zero), then click add. (I.e. LHS of the above constraint will be entered in the Cell reference, the sign in the middle will be chosen in the sign drop-down box and the RHS of the constraint will be entered in the Constraint.
For example, the third constraint is entered as shown in the illustration below
Repeat the procedure for other constraints and finally click OK for the last constraint. The previous window will then pop up with the constraints added.
STEP 16: Select Simple LP as the Solving Method. So you will have something like this.
STEP 17: Click Solve button; a new window will pop up
STEP 18: Tick Keep Solver Solution and click OK. The maximum value of P will appear in D4 while the optimum values of x and y will appear A1 and B1 respectively. And that’s all. Your final solution will appear as
 Note: The steps are lengthy for the sake of easy understanding. If you encounter any problem during the procedure, check for errors carefully. Please leave a comment if you find this article worthwhile.

Thursday, 7 November 2013

What to do before you create plans for your goals

Your ability to set goals and make plans toward their accomplishment is the ‘master skill’ of success. But when your plan is deficient of the necessary ingredients for its viability, it will yield little or no results.
All the necessary things to do before you create a plan for your goals are listed below.
1. You must have a clear vision of your ideal end result, or goal, based on your values. You should know what you want and why you want it.

2. Write out your goals, organize them by priority, and select your major definite purpose.

3. You must create measures and standards to track your progress. You have to set both deadlines and sub deadlines as targets to aim at.

4. You must identify the key obstacles, difficulties, and constraints that stand between you and your goals and organize them by priority.

5. You must identify the essential knowledge and skills that you will require to achieve your goals.

6. You must organize these competencies by priority and develop a plan to learn what you need to learn to accomplish what you have decided to accomplish.


7. You must identify the people, groups, and organizations whose help and cooperation you will require, both inside and outside your business. You have to decide on the specific steps you are going to take to earn the support and assistance of these people in achieving your goals.

Wednesday, 6 November 2013

Visualizing your desired success

Every human is endowed with virtually unlimited mental powers. Many people are unmindful of these powers and fail to use them for goal attainment. This explains why their results are only average.
Your ability to visualize is perhaps the most powerful faculty that you possess. All improvement in your life commences with an improvement in your mental pictures. You are where and what you are today mainly because of the mental pictures you have held in your conscious mind for long.
Visualization activates the Law of attraction which draws people, circumstances, and resources that you need to achieve your goals.
Visualization also activates the Law of correspondence which says, “As within, so without.” As you change your mental pictures on the inside, your world on the outside, like a mirror, begins to change. Just as you become what you think most of the time, you become what you visualize most of the time.
Successful people are those who visualize the kind of success they want to enjoy in advance. Prior to every new experience, the successful person visualizes previous success experiences that are similar to the upcoming event.
On the other hand, unsuccessful people also visualize but to their detriment. Unsuccessful people, prior to a new event, recall, reflect upon, and visualize their previous experiences of failure. They think about the last time they failed or did poorly in this area and they imagine failing again. As a result, when they go into the new experience, their subconscious minds have been pre-programmed for failure rather than success.
To repeat, all improvement in your life starts with an improvement in your mental pictures. Start today to shower your mind with pictures of the person you want to be, the life you want to live, and the goals you want to achieve.

Make your life an on-going process of positive visualization, continually imagining and visualizing your ideal goals and your perfect future.

Tuesday, 5 November 2013

No to slow and steady; Yes to fast and reliable

I presume you’ve heard the popular quote, “slow and steady wins the race”; a quote swallowed hook, line and sinker by many generations without questioning its justification.
While the precept of this quote might have worked out well for long past centuries, its survival is tremendously threatened by the incessant demands of man in this age of swiftly evolving civilisation and technology.
This quote comprises two potholes that ought to be corrected. These potholes are enumerated below
  1. The act of being slow: Trust me; you really can’t afford to be slow in this fast-changing world. When you act slowly in this present era, you will have yourself lagging behind time, which consequently means you will keep carrying unattended workload over as you will always fail to accomplish a task when you ought to.
  2. The act of being steady: while being steady might not be as adverse as acting slowly, it surely has its shortcomings as well. Acting steadily makes you achieve same results at the same frequency, and it also closes any room for innovation. Being steady quenches the urge to dare for more.

The ideology of slow and steady could have been rooted in your lifestyle, but it can be corrected if you really want to do away with it. In fact, the correction to it is simple; j
ust welcome the ideology of fast and reliable in place of slow and steady.
You’ve got to be fast to be at the same pace with the dynamism of this world. Being fast connotes that you should be innovative and be able to devise time-saving ways to accomplish tasks assigned to you.
On the other hand, your reliability determines how active you will always be at any given time. Being reliable makes you more efficient and effective.

As much as you’ve read so far, you can see that it pays more to be fast and reliable than to be slow and steady.

Monday, 4 November 2013

Huh... Forgiveness

So many people suffered and have suffered for years; holding anger and bitterness in their heart as a result of being wronged by others, depriving themselves access to the abundance of joy in life just because of the refusal to forgive. But lack of forgiveness only leads to more misery. It does nothing to those who have wronged you, but it does hurt you more.
The whole essence of this article is that you need to do yourself a favour, and forgive. The act of forgiveness may be perceived by you as being unfair especially when you’ve been severely hurt. The truth be told, if you have to keep breathing in this world, getting hurt is just occasionally part of it.

Every individual on earth is on a quest to lighten the heaviness of their heart—this is the absolute assurance of a joyful life. But how can you attain this joyful life when you still harbour anger, resentment and bitterness in your heart? How can you attain this joyful life when your heart is too heavy to contain love? Refusal to forgive only makes you more vulnerable to misery.

The absolute truth about forgiveness is that you express it toward people whether they deserve it or not; by doing this, your path in life will be filled with the fountain of joy and your heart will be as light as a milligram. I really don’t know how bad you’ve been hurt, but you need to do yourself a favour, and that is to forgive. I want to assure you that there is a joyful life waiting for you; don’t let the refusal to forgive hold you down.

Saturday, 2 November 2013

Turning your wishes to goals

Everyone has wishes that are mainly personal to them. These wishes are usually left dormant and inactive as the wishers don’t believe in their possibility of being realized.
It’s quite tormenting when you wish for something you think you really can’t get because of the present circumstances you are faced with. But this is not true; you only think you can’t get what you wish because you’ve not made it a goal in your life.
While a wish is just an expression of a desire or hope concerning the future, a goal is an end toward which effort is directed. You may desire to earn a monthly income of $2000, but this will most likely remain a wish even till you get to your grave unless you make it a goal to be achieved. Now don’t you think it will be very joyful to turn your wishes to goals? Of course it will.
Turning your wishes into goals can be carried out in three steps which are discussed below.
1. Believe: Belief is the first and principal step to take when turning a wish to goal. You’ve got to believe in yourself that you can achieve whatever goal you’ve set, and also believe that the goal is possible to be achieved i.e. you believe in yourself as well as in your goal. Remember that what makes your wish dormant and inactive is the lack of belief in it. So to make your goal distinct from a wish, you have to shower it with belief.

2. Plan: Now that you’ve made your wish a goal, plan towards the achievement of the goal. Prioritize activities that can lead you to your goal.
The good news is that the very act of planning improves and streamlines the entire process of goal achievement. The more often and more carefully you plan before you begin, the more ideas and opportunities you will attract to aid the achievement of your goals.

3. Take action: With your plan in your hands as a map, take action every place you arrive in the map.

What’s the whole essence of believing in your goal, planning it out and not taking any action? It’ll all amount to futility. The effort you apply toward your goal is the medium through which the goal is achieved. Lest I forget, taking action should remain a continuous process till your goal is achieved.