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What We Can Learn From J. Paul Getty
J. Paul Getty planned to enter the U.S. Diplomatic Service, but, when he got out of college, the Oklahoma oil boom caught his attention. Since his father had already prospered in the oil business, he was irresistibly attracted to the prospects of wildcatting, and he decided to postpone his diplomatic ambitions for two more years. He worked on other wildcatter's rigs and borrowed money from his father to raise money for oil speculation. His father only gave him small amounts of money and demanded prompt repayment. J. Paul Getty spent his money frugally, and also saved money through haggling over prices. At first his speculations did not go well, and a diplomatic career looked increasingly inviting. Then, early in 1916, he secured a bargain price of $500 on a lease and the well he sank produced 700 barrels a day. Suddenly, at the age of 23, he made a fortune. Years later, journalists would ask him about his lucky beginning. They wondered how he knew that the well was so rich. He responded that he had gathered all the necessary geological facts from experts and the spot appeared to have been a good one. "But," he added, " as for actually knowing what the outcome would be that was impossible. If there were a way to be a hundred percent sure where rich oil deposits are, nobody would ever sink a dry well." "Oil prospecting is like any other venture in life, from getting married to buying a car...there is always an element of chance, and you must be willing to live with that element." "If you insist on perfect certainty, you will never be able to make any decisions at all. You will simply paralyze yourself." Resource Box Saleem Rana got his Masters degree in psychotherapy from California Lutheran University. His articles on the internet have inspired over ten thousand people from around the world. Discover how to create a remarkable life Copyright 2004 Saleem Rana. Please feel free to pass this article on to your friends, or use it in your ezine or newsletter. It's a shareware article.
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Coaching Women in Leadership - How to Get Promoted It is often much harder for women to get promoted than men. The most common characteristic of successful women is that they know how to express their excellence in a male dominated environment. How do they do it? Real Charisma, Clinton Style What exactly is Charisma? Most would agree that it is a magical, illusive, personal quality, divinely endowed on some people more than others. One thing is for certain, it is more easily identified than defined. It is the secret to being liked and agreed with by others. It is the much sought-after quality that causes people to envy others because of their congeniality and ease at which they interact with people. Charisma, like many other character traits, may be gifted more to some, but regardless of your given level, charisma, like any other skill, can be further developed. The Defining Moment: The Straw That Stirs The Drink Of Motivational Leadership (Part One) Decades ago, as a rifle platoon commander in the Marines, I saw leaders who could motivate troops to do extraordinary things -- and leaders who could not get the troops to do much at all. I wondered what was the difference between the successful and unsuccessful leaders; and if that difference be taught. The Leadership Strategy: An Unmined Comstock Lode of Results During the Second World War, Winston Churchill had a framed inscription on his desk that said, "It's not enough to say we are doing our best. We must succeed in doing what is necessary." Leadership For Deep Results: Without Them Are You Wasting Your Leadership And Your Life? (Part Two) How does one go about getting deep results? There are many paths up this mountain. But one path is straight and steep and clear. That is the path of the Leadership Imperative. Character Traits of Extraordinary Leaders When people make a decision (either consciously or unconsciously) to follow your leadership, they do it primarily because of one of two things: Your Character or your Skills. They want to know if you are the kind of person they want to follow and if you have the skills to take them further. Yes, there are other variables but these are the bulk of the matter. This week we focus on the kind of character that causes people to follow your leadership. Steps to Becoming a Good Leader STEPS TO BECOMING A GOOD LEADER: 1. Develop a master plan. What are your goals? What are the organization's goals? How are you going to reach them? 2. Develop a leadership style. To manage people, you need to know how you are going to do it. Be comfortable with the leadership style you choose, and it will lead to future success. 3. Know the risks. Making any decision has its risks. Know the risks involved and whether the organization can afford to take them. 4. Get the authority you need. You need authority to achieve goals. If you don't have enough, get assertive. Tell your superiors you need more authority to make decisions. 5. Be decisive. Don't get caught saying, "Let me get back to you." Consult staff, but you make the decisions. 6. Be firm. If you believe in your decisions, then stick to them. However, be open to suggestions and be flexible. Leadership - Connect to Engage! It's been said many times that true leadership is measured by ones ability to motivate and influence others. Communication Skills & Leadership - Organizational Communications Processes in Leadership Activity "Sooth 't were a pleasant life to lead, With nothing in the world to do But just to blow a shepherd's reed, The silent season thro' And just to drive a flock to feed,- Sheep - quiet, fond and few!" - Laman Blanchard Reveal the Leader Within A Leader is not a certain type of person or position of power. It is not the one at the top of the golf leader board at any specific time or the person at the top of an organisation. It is YOU. In this article we want to show you how to reveal the leader within. To give you some ideas, methods, tips that will make you think and, if you want to, enable you to reveal the leader within you. The Six Essential Leadership Attributes Leadership is the foundation for all organizations, whether corporate, nonprofit or government. Leadership is a high calling and responsibility, upon which all else the organization is or does rests. Moreover, leadership is always top down, never bottom up. 8 Questions to Ask if You Want to be a Better Leader Those that have successfully made the transition from manager to leader have found the importance of continuously asking questions. Constantly receiving feedback from front line workers enables aleader to understand what is going right and where improvement is needed. At the same time, the leader is showing interest in the front line workers through these questions. However asking questions can become harmful if two key steps do not follow them. Leadership and Followership in a Team Setting Many solopreneurs work in a team environment either with their client's staff, or with subcontractors. Having spent over 20 years in a teaming environment before becoming a solopreneur 13 years ago, I know that during the course of any highly functioning team effort, the leadership and followership roles flow back and forth between the members. How To Party Like Leonardo Da Vinci After studying scores of great thinkers like Leonardo Da Vinci, I think I've stumbled upon what really set them apart from the rest of the folks living (and thinking) at the same time. The Greatest Leaders Are Often The Worst Leaders It's a common occurrence, a CEO leads a company to record earnings, retires and in months, those once high-flying earnings are dropping like shot ducks. Abraham Lincoln Is Still Alive Abraham Lincoln Is Still Alive Using Your Intuition "Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure." -Nelson Mandela, Inaugural Speech, 1994 Be the Samurai Sword Relationships are constantly facing crisis. Everywhere we look people are in dispute with one another. Companies are in dispute with one another. Countries are even in dispute with one another. 3 Dynamic Techniques To Boost Your Executive Leadership! Here's a really simple way to measure the strength of your executive leadership skills. Ask your people to name 3 important reasons why they enjoy working with you. The Power of the Leader Within - The Keys to Martial Arts Life Mastery, Key#1 "What do you want to be when you grow up?"
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