“Why Personal Development IS The Missing X-Factor In The Development Of Increased Profitability”
If you’ve been working through the lessons in The Ten Steps To Wealth, you’ll know that growth in profitability is never attained by accident… if it is, it’s not sustainable.
Sustainable profitability, either on a personal or business level, is “always” the result of personal growth. You can take the best information in the world, the best “how to” strategies, and a map clearly indicates the road ahead and give it to everyone you meet. Yet only a minority will ever achieve the riches at the end of the road. “Why Is It So“?
As I mentioned in my last post, “When you put “how to” strategies into minds that have been conditioned for the “work/stress, not enough time, not enough money treadmill”, the foundations, ie., the conditioning of those minds, do not have the necessary references or perceptions to successfully navigate the “how to” strategy through to success.
The supply of information is available everywhere, it’s ever increasing and it’s readily accessible. On top of this, it’s either free or it’s very inexpensive. Especially when you compare it to Returns Of Investment of time and energy.
For example… in the first year of my first ever business, I generated an annual turnover of $77,000. In the second year, I generated a turnover of $1,800,000 an increase of 2337%. I seldom hear of these returns in real estate or share markets. In the third year, I increased turnover to $3,400,000… an increase of 189% on the previous year.
Nothing changed except for one factor… it was the same business and I was the only person doing it. The only thing that changed was my philosophy towards developing myself. I took every single cent of profit from the first year and invested it in my personal growth and then reflected this growth through paradigm shifts in marketing.
Personal development is the single most important factor in your ability to make more money, and achieve both economic and personal freedom.
Something exciting happens when you read what philosophers such as Peter Godfrey-Smith say about the evolution of learning rules for different species.
Godfrey-Smith looked at the learning rules for vertebrates such as ourselves and for cephalopods such as octopi. Because we evolved completely independently of each other, it was thought that learning rules would have also evolved completely independently.
What Godfrey-Smith observed instead, was that similar rules of learning are seen in the two completely separate streams in the evolution of life. He notes that we can, “Both learn by reinforcement, by attending to the good and bad consequences of our actions, by having some behaviours reinforced positively and some reinforced negatively.”
“If we can both do that”, he says, “And do that in the same kinds of ways, then that’s something which evolution has done twice over. It seems to be a sort of basic design principle for minds… that you build something with trial and error learning.”
What this boils down to is that in order to learn, you MUST engage your subject matter with ‘trial and error actions’, ‘positive and negative reinforcement’, and by ‘attending to consequences’.
So, if you’re not adventuring forward, if you’re not altering your mindset, if you’re not altering your philosophy, if you are not altering your perceptions, if you’re not changing how you think and if you’re not changing how you feel… then you are not engaging true and sustainable learning. You’re not personally developing.
You can smother yourself with all the strategies and tactics you like, but if learning doesn’t penetrate to the cellular level of your existence, your personal foundations will not change.
If you fail to personally develop, you fail to financially develop… both are intractably linked.
Join me on The Ten Steps To Wealth and make sure you get the results you want.
Paul Counsel