Money, Money, Money

“Money Defined: An article which may be used as a universal passport to everywhere except Heaven, and as a universal provider for everything except happiness. Money is a wonderful servant and a terrible master.”- Anonymous, published in the Wall Street Journal


What is your definition of Money?

It’s been said that if money doesn’t buy happiness for you, then you simply don’t know where to shop.

What about you? Do you know the power of money? Does your money work for you? Does your money serve you? Or… do you serve your money?

Every entrepreneur, investor, or professional has to answer this question with careful certainty. Money can’t be ignored it has to mean something to you.

The bottom line is you are using your money or your money is using you.
Are you using your money:
  • As a score card?
  • As a tool to living your best life?
  • As a tool to help others?
  • As a tool to make more and buy time?
  • As a tool to making our world a better place?
Or is your money making a “tool” out of you:
  • As a slave to the “grind” so you always make more of IT at any expense?
  • As a tool to the system of working in the “rat race?”
  • As a slave to the never ending search for security at the expense of opportunity?
  • As a slave to the never ending search for self worth in things and stuff?
Obviously the list goes on. Test yourself; does your money buy you more time? a better quality of life for you and those around you? does your money make a positive impact on your community or the world? bring you personal satisfaction? a better life?

If you can’t honestly say yes to at least 4 of those, it might be a good time to check who is serving who?

Money can be an incredible passport to anywhere and just about anything, and one of the most powerful tools to making a positive impact on people and our planet.

Or…

money can be a powerful force that keeps you a slave to the intangible quest for happiness. Constantly slaving to the idea that if you can just get more you will find happiness and satisfaction. Of course, the big secret is that happiness is found deep within yourself, never in a certain amount of money or anything else. The choice is yours. And you don’t have to be rich to make that choice, often people in debt have a harder time viewing money as a tool than the affluent, but it’s still your choice.

No matter how much we have it can always be used by us or it can use us. Choose wisely and with certainty.

May we all make more money and use it as a tool to make the greatest positive impact we can on us, our friends, and the world.

Find happiness in you first. Then see money for what it really is, a big tool.

Enjoy life!

Jon Bohm

Date posted: November 10, 2009 | Author: Jon Bohm | No Comments »

Categories: Uncategorized

Emotion is the Difference

“Success is not driven by knowledge or skill, but by the emotional desire to achieve. We do not run on fuel from our head but rather fuel from our heart.” – Jon Bohm

Have you ever wondered what separates the world’s greatest performers from the rest?

What is the defining thing that makes someone successful? We have the tendency to answer that question in terms of skills, or knowledge, or luck, or circumstances. But, I have found it is not any of those things, those things play a role of course in the big picture, but none of those things are the defining difference.

Many studies have shown that the world’s top performers usually had a sibling or several siblings that were more talented, had more knowledge, more skill, and better circumstances than they did and yet they are not the one’s that became the best. Actually, you could probably think of several people you know yourself who were given opportunity, money, the education, and had the talent to do amazing things and yet have found themselves in and out of re-hab or living in the land of mediocrity somewhere.

Often, it’s those who came from difficult circumstances and past hard knocks, lower skills, and less knowledge that find a way to the be the best. You can probably think of a few people you know in your industry. In case you need help thinking of some examples; Abraham Lincoln, Walt Disney, Michael Jordan, Oprah Winfrey, Bill Clinton, George Eastman, and the list goes on.

And of course, there are many world class performers that have come from very privileged backgrounds as well. But, thats my point. Their background, circumstances, skills, and knowledge is not the difference. It is the emotional drive above all else that makes the difference- every time.

Think about your life, ever tried to accomplish something that never happened, but would have changed your life had you been successful? A choice? An opportunity?

What stopped you from success? Make a list.

I’m guessing your list is full of circumstances, missing knowledge, lack of technology, lack of money, lack of time, lack of some kind of resource. Although those may be legitimate missing resources it is not why you didn’t get it done. You didn’t get it done because at the deepest level, you didn’t want it badly enough.

You didn’t have the emotional drive to get it done. That drive, that passion and emotion at the deepest level is what will get it done. You will find a way, you will be convincing enough, you will take the time, spend the money, learn the knowledge, and hone the skill.

Am I right? If you wanted it bad enough would you have done it? Be honest.

Yes, you would’ve. You might not know how, but you would have figured it out.

So, enough about your past let’s look to the future. What do you want? What do you want to go, see, do, or become?

How bad do you want it? You better find some emotion if you want to be world class. At the end of the day it’s emotion that drives you from the land of mediocrity.

Enjoy life today!

Jon Bohm

Date posted: October 19, 2009 | Author: Jon Bohm | No Comments »

Categories: Uncategorized

Is it the Wise thing to do?

“Everyone can learn from one of 2 teachers, you can learn from either wisdom or consequences.” -Adapted from Wayne Cordiero’s book Divine Mentor


When it comes to ethics how do you determine how far is too far? How close is too close? When have I crossed the line?

We have to answer this question thousands of times everyday, don’t we?

When I have a conversation and they ask about someone else’s “business.”
When my wife asks me if these jeans make her butt look fat.
When I have a chance at my second helping of dessert.
When I have the opportunity to own a mistake that wasn’t mine, or rat out a fellow employee.
When I count my strokes on the golf course…after all I had to move it there was a stick in the way.

Or…

A little white lie on my taxes.
A little “innocent” flirting with someone else’s spouse.
A little extra bragging or “padding” the old resume.

Whatever it is, we have that choice to make everyday and often we make our decision by asking ourselves this question; “How far can I go?” That’s a fair question isn’t it? After all we can only go so far. But, I think this question, more often then not, leads us to learn from the great teacher “Consequences.” “Consequences” is an excellent teacher, but it has a mean after taste and takes a lot longer to learn from than wisdom.

To avoid learning from consequences and learn from “Wisdom,” on the front end don’t ask; “How far can I go?” Instead ask “Is this the wise thing to do?”
In changing the question you ask yourself you will pull yourself back from the dangerous edge of consequences and find yourself operating and learning from wisdom in every ethical situation I can think of.

May we all learn from the great Teacher “Wisdom” and avoid the pain and hurt that always comes with consequences.

Enjoy Life …live Wisely!

Jon Bohm

Date posted: August 11, 2009 | Author: Jon Bohm | 1 Comment »

Categories: Uncategorized

Be the Mother of Invention

 

Have you ever had an idea about something and thought to yourself, “Someone should invent that!” 

Well, maybe that someone should be you?  I am not an invention expert by any means, but I have some clients who are are inventing and re-inventing all the time.  And, I’m willing to bet that everyone has at least one idea in their lifetime that could make you fabulously wealthy. 

 

So, what do you do when inspiration strikes?  Here are a few steps I was able to gather:
 
  1. Write it down dummy.  How many ideas have I forgotten that were brilliant if I could just remember!  When ideas show up…capture them on paper or computer ASAP.
  2. Do a Patent search at google.com/patents.  You can see drawings of other people’s ideas and dig deep to see what makes your idea different.
  3. Get your invention “Patent Pending” ASAP at uspto.gov/web/forms/index.html – From what I have gathered you describe your invention and and create some drawings with a nominal fee your invention is officially “Patent Pending” and you no longer have to guard it with your life.
  4. Ask around.  Now is the time to voice your idea and start your market research.  Is it a viable invention.  Will people pay money for it?  Is it profitable?
  5. When your Patent is approved (can take up to a year or 2) you can use a patent attorney that can be quite pricey or you can do it yourself as in step 3.  Fees will range around $1500 for you to do it yourself or around $20 k for a patent lawyer.
  6. Market it and sell it yourself or try to sell your patent license to someone else.  Usually a company.
The curiosity of what to do with a great idea was killing me.  I hope you found it helpful to.  Or start researching yourself at inventorsdigest.com/ 

Happy inventing!  There are a lot of needs in our world, we need to invent some great ideas to take care of so many tough situations.

Enjoy Life Today!

Jon Bohm

Date posted: July 6, 2009 | Author: Jon Bohm | No Comments »

Categories: Uncategorized

Just Jump already! What are you waiting for?

4498_106647939026_522449026_2770042_1976358_s-1“Leadership is doing what everyone else says they will do.”

What have you said you “will do?” Climb a peak, sky dive, forgive, love, settle down, build a company, chase a dream, travel the world, or something else?

Let me ask you, what are you waiting for? More money? More time? More courage?

Whatever it is, it’s probably just an excuse to put your real living off for another day, another year, or another lifetime.

Every year I take a group, of anyone who wants to go, Skydiving. My trip was this past Saturday (National Cancer Survivor’s Day). We had a great group and a great jump. It can be a life changing experience and everyone who goes loves it. Especially once they get to the ground.

But, if I went Skydiving with everyone who told me “I would love to do that!” “I’ve always wanted to go!” A thousand people would have jumped by now. My question to them is “what are you waiting for?”

What is your I’ve always wanted to ____________.?

  • Take my dream vacation?
  • Start my own business?
  • Forgive that family member?
  • Write a book?
  • Get engaged?
  • Learn to play the guitar, ride a motorcycle, etc?
  • Go Skydiving?

What are you waiting for? Whatever it is, it’s very likely a poor reason to put your dreams on hold. It doesn’t matter if you are 23 or 73, you really don’t know how long you have to drink up every drop of life you can. Waiting is rarely a good idea. Waiting is the same thing as making the decision not to do it. Either way, you’re not doing it.

As a cancer survivor I’ve realized life is too short to be waiting for a better time. Your life…my life is now. Take that dream vacation every year. Put a plan in place to start that business, write that book, go skydiving. We only get one time around – one shot at this life- What are you doing with yours?

Enjoy Life now,

Jon Bohm

Date posted: June 8, 2009 | Author: Jon Bohm | No Comments »

Categories: Goals Inspiration/Values Leadership Motivation Uncategorized

Helping others “Get it”

“One of the marks of true greatness is the ability to develop greatness in others.” – JC McCauley

Are you developing “Greatness” in those around you?

We have a tendency to roll our eyes when someone doesn’t “get it,” don’t we?
Especially when it’s at work. After all, they are there because they have a job to do that requires a certain level of competency and commitment.

It’s easy as a leader whether as a supervisor, manager, or executive leader to have a tendency to “write off” your subordinates who don’t seem to really get it as well as you do. And your right, they don’t usually get it as well as you do, and many of them probably aren’t working very hard at “getting it.”

But, let me challenge you to look at your roll as leader a little different. When did you get it? You weren’t born naked into this world “getting” it. And you probably didn’t “get it” on your own. Someone showed you, circumstances brought it to your attention, a piece of inspiration, or friend lead up to the point when you finally got it. Maybe, you worked really hard to get it. Non the less, you got it at some point.

I want to challenge you as a leader to view your position as a platform to help others “get it.” Can you bring the right circumstances? The right attention? The right inspiration? the right culture of hard work? So those around finally get it? After all, if they get it, we can stop rolling our eyes and probably make a lot more money, have more fun, and find some new colleagues that operate at the level you wish they would.

A parent that helps their kids “get” the value of an education, the manager that helps their employees “get” the value of a smile or customer relationships, the CEO who helps his board “get” what this business is really all about, the Pastor that helps his congregation really “Get” what it means to be spiritual, these are truly great leaders.

Because greatness is not measured in the small boundaries of your inner world, but in your ability to develop greatness in those around you.

Make the next stage of your life one of “Greatness” that makes our life, business, and world a better place.

-Jon Bohm
“Make the next stage of your life a magnificent obsession, rather than a meaningless Odyssey.”

Date posted: May 22, 2009 | Author: Jon Bohm | No Comments »

Categories: Uncategorized

Responsibility = Power

“With GREAT power comes GREAT responsibility.” – Uncle Ben in Spider-Man

What a great quote.  This is one of the great life changing “Laws of the Universe.”  
It is true just like gravity is real.

Although, I think a truer statement would be that with “GREAT responsibility comes GREAT power.”

It is true in any organization I have worked with, the person who takes on the most responsibility is also the person with the greatest influence in the company.  This does not necessarily mean that it is the person with the greatest position or authority.  It means the person with the most influence is always the person who takes the greatest responsibility.

It is a fact of life.  Test it for yourself.  Think of an organization you really know well.  Not one you read about in Fortune Magazine, but one you really know the players in.  
 
  • Who owned the least amount of responsibility?
  • Who owned the most responsibility?
  • Who had the most overall influence and power?
  • Who had the least influence and power?
I hope I made my case.  But, just in case, let’s test it again.  

Everyday in life, we have the option to either be a Victim or to take responsibility for our lives, for our actions, for our families, for our organization, for our country.

The more we move toward the Victim mentality the more power and influence we lose.  The more we move towards responsibility the more influence and power we gain.

Application:

Scenario:  You are at work and you are getting chewed out because your department dropped the ball somewhere.  You have a choice to take ownership of that error or “pass the buck” and throw your team “under the bus.”  It is a simple equation, if you take responsibility you will gain influence, if you pass the buck you will lose influence.  If you “pass the buck,” it becomes clear that you are no longer the person your boss needs to talk with to get better results in the future, because you demonstrate it is “out of your hands.”  Therefore, you lose the influence to make things better.  

When all the employees in an organization understand this, then everyone is fighting to take ownership and responsibility, the “buck” is no longer passed, and everyone works together to find solutions and take ownership of the success of the organization.  This is a powerful organization.

You can apply this same situation to your life, your family, or our political climate in America.  If we play the victim, we lose power and influence and transfer responsibility and therefore, influence to someone else.

So which one will you be?  You have a choice take ownership, or give up your influence and power.  It’s that simple.  So Uncle Ben is correct, but maybe he should have said  “If you want POWER than take RESPONSIBILITY.” 

– Jon Bohm

 

Date posted: March 20, 2009 | Author: Jon Bohm | No Comments »

Categories: Inspiration/Values Knowledge Leadership Uncategorized

Are you cost-put or throughput minded?

I have always been a swing for the fences kind of guy. As my wife tells me all the time “Either go big or go home!”
This can be a bad way to live sometimes. For example if I haven’t swung a golf club in a year I have a tendency to still go play 36 holes my first day, and try to hit the longest drive of my life. Needless to say, my chiropractor makes some great money off me the beginning of golf season.

But it can be a great way to live as well. Some of the most successful baseball players in the world consistently have around 2 times as many strike outs as they do home runs. Every 3rd time Hank Aaron or Barry Bonds would come to the plate they would hit a home run. The other 2 times they would strike out and have a seat on the bench. Success for a home run hitter is nothing short of hitting a home run. Which means they do not come to the plate with their manager asking them to just bunt. They do not come to the plate to swing shyly and play conservative baseball. They come to the plate to swing for the fences. Nothing short of success is aimed at. This comes with some consequences. They strike out a lot. But man, they do excel when they connect.

This mentality can be referred to as “throughput.” In business a “throughput” mentality means that you do not step into the batter’s box shyly, you step in ready to swing hard at every good pitch. It means you will do whatever it takes to succeed. You are not interested in merely surviving. You want to thrive. You will spend whatever you have to spend, you will work as hard and as smart as you need to work, you will step out of your comfort zone and put your head through a wall if thats what it takes.

The opposite of “throughput” is “cost-put.” A “cost-put” player is asked to bunt. Their only goal is to not “strike out.” They aren’t trying to thrive. If they can simply survive and make it to a base, then they are happy. This player steps into the batter’s box shyly, they play conservative, and simply try not to fail completely. This mentality has some advantages: they strike out far less, they become an expert at playing “it safe,” and if they survive they are still on the team. But it also comes with some disadvantages: They will never ever hit a home run, nobody will ever know their name, and they will never know what it’s like to make the money the home run hitters make or feel the rush of thriving in their sport.

In business a “cost-put” mentality says “How can I save money, cut costs, and just survive.” They play conservative and they strike out far less.

Let’s take a restaurant for example. This restaurant has 50 tables but only fills about 25 of them.

A “cost-put” mentality says “How can I sell those 25 tables, move into a smaller place, and cut costs across the board?”

A “throughput” mentality says “How can I fill those tables to capacity? I will spend whatever I have to spend, work as hard and as smart as I have to work, and will settle for nothing less than success at what I set out to do.”

Which mentality will survive? Which one will thrive? Which one will strike out?

Which mentality are you? Are you “cost-put?” Or are you “Throughput?”

I guess that really depends on whether or not you want to survive or thrive.

I recommend swinging for the fences. Life is too valuable and too short to merely survive. You must find a way to thrive. And in my experience the businesses just trying to survive very rarely do. And the businesses that will settle for nothing less than success often thrive and almost always survive. Because, even when you strike out once, or twice, you still get in the box the 3rd time to hit the home run…. after all, you will settle for nothing less than success.

– Jon Bohm

Date posted: June 26, 2008 | Author: Jon Bohm | No Comments »

Categories: Uncategorized