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The First Dancer - How to be the first among equals and attract unlimited opportunities

A fourteen-hour flight across the Atlantic Ocean changed my life forever. On Tuesday, I was a senior executive at a bank; on Wednesday, a job seeker. I and my wife had taken a chance on a new country, and on everything we thought we possessed–our education, our talents and our optimism. We were past the point of no-return. We were so determined to make it work for ourselves and for our three-and-a- half year old daughter that we were gladly willing to sacrifice everything that had protected us thus far from the uncertainties of life–the things that constituted the status quo for us and kept us from considering taking any risks in life. Arriving in Toronto on a frigid November night made us realize the enormity of the change we had embraced, perhaps unknowingly. Were we scared? Yes. Were we unsure? Yes. Were we demoralized? Hell, no. Our spirits were high and our ambition pumped a gushing river of hope into our hearts. Challenging our complacence made perfect sense to us. Why I w
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The Millionaire Mind – Thinking Rich

Thomas J. Stanley’s famous book, The Millionaire Mind , was first published in 2000. Although I read it for the first time 10 years ago, the message was still resoundingly relevant when I wrote my book, The First Dancer earlier this year. Stanley’s book does not pander to people’s desires to hit the jackpot. It does not blabber about the trivia of financial technicalities and meaningless jargon; it presents vivid sketches of first generation millionaires and exemplifies key differences between the “Income Sheet Affluent” and the “Balance Sheet Affluent” millionaires—differences in terms of their mindsets as well as their lifestyles. Before we talk about creating financial wealth, it is extremely critical to fully understand two things. First, it is never impossible to get out of any financial challenges you might be in. Do not think that financial difficulties are ordained upon you, or that you are not meant to be rich. If people with much less intelligence than you can amass s

Would You Rather Succeed or Excel? Elson’s Story

As a mentor, my heart aches for all the gifted people I meet and speak with so often. Their immense potential gleams in their eyes yet they are unaware of their own talents. They seem to have willingly set the bar low for themselves only because years ago they were made to accept a certain definition of success by people who had no right to define what success meant for them. They do not know what lies beyond their next promotion, their next salary raise, their next best employee award. Success; not excellence; is an unending pursuit for them. They have a nice car but they want a better one; they have a comfortable house, but they want a bigger one. They are heedless that their daily dose of caffeinated success suppresses their appetite for excellence. And just when the effect of caffeine wears out, they want another dose, leading them astray from the path of excellence again. Then there are those who think they’re after excellence, when in fact they misconceive excellence as do

Use the 'F' Word More Often to Engage Customers and Drive Sales

You may not believe me, but I have news about the 'f' word; good news! The four-letter word is the open secret behind the success of companies like Facebook and Google. That is precisely correct. Had it not been for this fascinating magic word, we would not have come to know of the many forward-thinking business models that are considered the cornerstone of disruptive innovation we are awed at today. In fact, the modern concepts of collaborative consumption and share-economy, that companies like Uber are driven by and companies like airbnb consider their bread-and-butter, all began with the f-word. The word, ‘FREE sits at the centre of the new-age economy – the freeconomy. In Chris Anderson's widely read article in Wired Magazine,  Free! Why $0.00 Is the Future of Business , he observes, "Once a marketing gimmick, free has emerged as a full-fledged economy." Like the other 'f' word you had in mind when you started reading this article, t

3 Insanely Stupid Quotes that Went Viral

The only thing more important than what is said is who said it. Or is it? We know all too well that perception is greater than reality. That includes our perception of famous people whose opinions are perceived as gems of irrefutable wisdom regardless of whether or not they have any merit. Well, it's not their fault. We tend to judge a lot, both positively and negatively. As a result, people who have gained a certain stature in life are considered more entitled to share their views based on their experience. The truth is, everyone is entitled to share their opinions based on their experience. The only difference is that if something is said by a billionaire, nobody runs it up the flagpole even if it makes no sense. But every once in a while, a statement jumps out at you as so witless that you don’t really need to scrutinize it to figure out it is absolute dopey. It is so contrary to common wisdom, that you don’t even care who said it. Why such quotes still get millions of

From Taxpayers to Equity Partners: The Road to Immigrant Innovation in Canada

This article was originally published on  The Market Mogul . Please read  here . It is perplexing to see the contrariety between the performance of knowledge-based small enterprises in Canada and similar ventures in the US despite the two counties having so much in common. Canada’s potential to create disruptive innovation is demonstrated by individual success stories that are few and far between. However, there is apparently no dearth of talent and entrepreneurial risk taking when it comes to tech startups or innovative social enterprises. What lacks in almost all cases is the ability of the businesses to organically grow by leveraging a partnership-based innovation ecosystem. The reason is simple; one doesn’t exist. The gaps in the venture financing systems warrant creating a collaborative ecosystem for innovation that would build on the existing strengths by augmenting partnerships between private, public and non-profit sectors nationally, while on the other hand enhancing g