Saturday, 4 January 2014

The Five Laws of Stratospheric Success

It helps a lot to get things done once I have set my resolution for 2014  :)

To begin with, on the 2nd day of the year, I have finished reading my first book in 2014, in one day! Well, for some of you who are better and faster readers, there's nothing to get excited about. But for me, it is exciting because I don't remember ever finished reading one book in a day.

Even though this may not be a completely new book to me (I have read it once), I find it very useful to revisit this book, because of the story and the lessons that it provides.


This book, titled "The Go-Giver", is about a short and inspiring story about a powerful business idea - a "Trade Secret" which have helped people achieve "Stratospheric Success".

"Stratospheric" means "extremely or unreasonably high". (Source: http://www.thefreedictionary.com/stratospheric)

Here are the 5 Laws of Stratospheric Success:

The First Law: The Law of Value
Your true worth is determined by how much more you give in value than you take in payment.
"A bad restaurant tries to give just enough food and service, both in quantity and quality, to justify the money it takes from the customer. But a great restaurant strives to defy imagination! Its goal is to provide a higher quality of food and service than any amount of money could possibly pay for."

The Second Law: The Law of Compensation
Your income is determined by how many people you serve and how well you serve them.
"First, it means that you get to determine your level of compensation - it's under your control. If you want more success, find a way to serve more people. It also means there are no limitations on what you can earn, because you can always find more people to serve."

The Third Law: The Law of Influence
Your influence is determined by how abundantly you place other people's interests first.
"When you base your relationships - in business or anywhere else in life - on who owes who what, that's not being a friend. That's being a creditor. Fifty-fifty's a losing proposition. The only winning proposition is one hundred percent. Make your win about the other person, go after what he wants. Forget win-win - focus on the other person's win."

The Fourth Law: The Law of Authenticity
The most valuable gift you can offer is yourself.
"As long as you're trying to be someone else, or putting on some act or behaviour someone else taught you, you have no possibility of truly reaching people. The most valuable thing you can give people is yourself. No matter what you think you're selling, what you're really offering is you."

The Fifth Law: The Law of Receptivity
The key to effective giving is to stay open to receiving.
"Because if you don't let yourself receive, you're refusing the gift of others - and you shut down the flow. Every giving can happen only because it is also a receiving."

I find these 5 laws inspiring and enlightening. I hope you feel the same and practice them too  :)

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