Quote : Goals

“If you don’t go after what you want, you’ll never have it. If you don’t ask, the answer is always no. If you don’t step forward, you’re always in the same place.”

Nora Roberts

Quote : Motivation

“Motivating gets you going and habit gets you there. Make motivating a habit and you will get there more quickly and have more fun on the trip.”

Zig Ziglar

Quote : Success

“The first principle of success is desire – knowing what you want. Desire is the planting of the seed.”

-Robert Collier-

How much premium are you paying?

Azri, (a colleague) was on his way out of the office to see a prospect. This was his 2nd appointment with this particular prospect.

Why were they meeting up? Azri had been asked to review the prospects policy which is currently costing him RM 600 per month at the moment. The only problem is that the total death benefit only amounts up to RM 30,000.

Regardless of what type of insurance plan it is, RM 600 per month for RM 30,000 worth of life insurance is by all means insane! And what would the poor beneficiaries do with RM 30,000 these days?

So again, please take time to sit down with your agent & review all your benefits for each & every policy that you own. Try to fully understand & make a summary of all your policies so that you get the best value for every RM you set aside for life insurance.

Quote : Goals

“What you get by achieving your goals is not as important as what you become by achieving your goals.”

Zig Ziglar

What is term life insurance?

Term life insurance provides for the payment of the sum assured only if the life assured dies within a specified period. If the life assured does not die, the policy ceases and the premiums paid are retained by the insurance company.

Thus, the premiums paid contain no savings element. As such, term life insurance provides the maximum protection on the life assured for a specified number of years for the minimum amount of premium.Term insurance is regarded as temporary insurance (as opposed to permanent insurance like whole life), and as such, it does not provide any surrender values, paid-up values, loan values or any of the non-forfeiture privileges.

This relatively inexpensive form of insurance cover is useful for the following purposes:

• To provide insurance coverage for a short period of time
• To cover a loan or debts such as credit cards
• To cover the needs of a family (household expenses) in the event of premature death OR total & permanent disability due to accident or illness

How much are you worth per hour ?

Calculate your hourly worth in terms of your business plan. Share the results with your team. Ensure you are working at that rate of productivity. If your time is worth $ 125 an hour, then make sure you:

A) Sit in front of people or do activities that return $ 125 an hour to you; and
B) Never get hooked up into doing $ 25 an hour activities.

Here is the formula we use to calculate hourly worth. Feel free to share with colleagues as long as our credits remain intact at the end of the formula.

CALCULATING YOUR HOURLY WORTH

365 days in a year = 365

Minus: Weekends = (104)
Minus: Public holidays (non-weekend) = (11)
Minus: Conference/training days = (12)
Minus: Annual Leave = (20)
Minus: “Downtime” /admin pockets = (12)
Minus: Family Commitments/special events = (6)

Total available consulting/selling days  in a year  = 200

Assuming that a whole work day is 8 hours,

Minimum Annual Personal Income Requirement        RM 200,000 (expample)
Available working days                                                                    200 days
Daily Income Requirement                                              RM 1,000
8 Working Hours

For additional on-line tools and information go to www.anthonymorris.co.za

Wifi Craze?

I’m currently at a Starbucks outlet. Just having a light breakfast while trying to get some work done as the office environment is not always conducive for a guy to get things done.

I was here around 8am and not long after logging in, everyone went into their offices with their large cups of the day’s brew. Looked like i was gonna be the only tech freak here but now, about an hour later, the tech freaks have arrived!

Looks like they go to bed late & spend their day in the coffee shop doing i dunno what… maybe its a kinda online business where you get USD 100 per day. Who knows?

But as I am typing, another 5 people are going deeper & deeper ‘into’ the levels of the mind… behind the LCD screen.. more than what meets the eye. Before they know it, its lunch & they’ll need more coffee ! duuuuh!

No wonder the coffee here is bloody expensive!

Pramugara back in court ?

I just had roti canai at the mamak shop near the office & so happens that there is a newspaper shop just beside it.

I was looking for a copy of this week’s MotorTrader magazine but they did not have it yet nor did they have a copy of HWM magazine & eventually, I ended up reading the major headlines, one was which – “‘Porn actor’ back in court”

Well, since the guy who owned the shop was so busy looking over my shoulder ( I guess he didn’t think I was going to buy anything..) I just went off to the office.

You can read some articles on the matter here :

http://thestar.com.my/news/story.asp?file=/2007/3/9/nation/17091917&sec=nation

http://www.hmetro.com.my/Current_News/HM/Friday/Mahkamah/20070309105639/Article/indexs_html

4 VITAL POINTS to REMEMBER about LIFE INSURANCE

1. You need to realize & understand WHY you MUST OWN a life insurance policy

2. You MUST have the EXACT amount of COVERAGE that you need based on
INCOME & SAVINGS PROTECTION

3. You DO NOT NEED to spend a FORTUNE on life insurance

4. You must do PERIODICAL REVIEWS on your insurance portfolio

& today I just made it clear to someone that ‘income protection’ is a concept, not a product. It creates a financial situation whereby you need to SECURE your financial commitments using a certain amount of life insurance.