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SOVEREIGN CEO BLOG

New articles are posted here every week, plus follow the YouTube channel for 5 new videos a week.

China Gets a New Billionaire Every Week

As of first quarter 2015, there is one new billionaire created in China every week. And this is during China's "slowdown"(!). Absolutely mind blowing. The rise of the East continues... Want over 35 hours of how-to podcasts on how to improve your woman life and...

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Charge Based On Value, Not Time

It only takes a few pennies for a pharmaceutical company to manufacture and package a pill that may cost $150 retail per pill. Some consultants like Jay Abraham charge over $5000 for one 30-minute phone call. I know a guy who charges almost $100,000 for an annual...

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Prospering in Tough Times

http://www.youtube.com/watch?v=b9MrGt51mEY While no one has a crystal ball, and predictions can always be wrong, it’s very likely that the next 10 years or so will be stagnant. We’ll likely see switchbacks from down economies to flat economies. The above video covers...

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Real Travel Time

Usually when one thinks of “travel time”, he’s thinking about flight time, or time in the car or the train. This is an inaccurate and clumsy way to interpret travel time. Real travel time is the time between when you walk out of your front door and walk into your...

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The Mindset of Failure

One of the most fascinating things I’ve ever read about, and I don’t remember where I read it, was how winners and losers behave differently when they encounter problems.  Losers usually think that their problems are happening for the very first time to anyone. This...

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Oops! You’re Dead! Sorry About That!

Remember, the above infographic is just regarding Pakistan. Obama has drones killing children and civilians in Yemen, Iraq, Syria, Afghanistan, and likely several other countries. Obama just came out and admitted he accidentally killed an American aid worker with a...

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Technology Growth – Batteries

I find it utterly fascinating that different things technologically evolve faster than other things, even if they are two components of the same item. For example, cell phone technology has improved to a great extent, much faster than the battery technology. Today...

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Vitamins

I’ve received this question more than once. Below is a complete list of my current vitamin regimen, why I take the vitamins I do, and how effective these vitamins have been demonstrated by science. A really good chart to refer to is this one that shows an aggregate of...

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Handle Things Once

One of the core time management techniques something called single handling. I referred to it briefly in my post on the TRAF System, but I’m going to get a little more specific aboutit today. One of the biggest time sinks with the modern worker is handling pieces of...

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The Single Most Important Life Skill

Brian Tracy was once asked in an interview what he thought was the single most important skill a person had to learn for maximum success. Of course there are many such skills, but if he could only pick one, which would he choose? His answer was very simple. It was...

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Personal Growth

Alan Weiss recently wrote this: You are not your "terminal self" right now. That is, the person you are today is not the person you'll be in a year. Is the person you were last year the same person you are today? We change, become new people. This isn't the cliché...

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In Business, Think Cheap

When I started my first full-time business way back in 1996, I borrowed several thousand dollars from various sources. The bank, family members, and friends. It was a huge mistake. Going into debt is bad enough. What made it worse was the fact that about 80% of the...

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Your Disaster Report

An effective method of preparing for future problems and alleviating your own stress is to prepare your own business disaster report. On a new document, answer this question: What is the absolute worst thing that could happen if we do this? Think about it and write...

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Miniaturization

We all know about the concept of miniaturization; the process by which technology gets smaller (and faster) with every passing year. There would be no point in talking about how computers use to be the size of a building and now fit in your pocket. Instead, I'm going...

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Unreasonable Customers

Thankfully, unreasonable or toxic customers are rare in my experience. But since I've been in business 25 years, worked with hundreds of companies and thousands of people, running into some of these people is inevitable. Here are a few examples of unreasonable...

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Why Most Small Businesses Fail

Everyone knows that most small businesses fail over time. There are a wide array of statistics on this, much of which conflict with each other. A standard trope is that eight or nine businesses out of ten fail eventually. More detailed analysis shows that only 50% of...

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Simple vs Complicated Businesses

The best businesses to start, run, or work for are those who have these two qualities: 1. Few number of things that can go wrong during its day-to-day operation. 2. Consequences for anything going wrong are minor. The opposite of these two qualities are businesses...

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Designer Babies Are Coming

I've talked before about how people resist enhancements in science and technology out of fear of change, but eventually come to accept them. The example I gave was of women saying that "they would never" modify their baby's eye color or propensity for alcoholism using...

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Shifting Your Daily Work Paradigm

One of the most valuable things I ever learned was to decompartmentalize my false notions about how much daily work I should do, and when I should do it. Societal Programming trains you to believe that "work" is something you do between the hours of about 8am and...

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