The Major Attributes of Leadership (#5 of 11):

5. Definiteness of Plans: The successfull leader must plan the work, and work the plan. A leader who moves by guess-work without practical, definite plans is comparable to a ship without a rudder. Sooner or later, it will land on the rocks. (from; Think and Grow Rich by Napoleon Hill)

Nobody plans to fail, but many people fail to plan. A Gallop poll shows that only 30% of American households have a written budget and a long-term financial plan. Even of those 30%, many fail to stick to their plan. Success as a Prince demands that you map out your future and stay the course. Chapter 6 of “Prince or Pauper – Prepare for the road ahead” (soon to be released) is titled: “A journey of a thousand miles … begins with one step”. Therein we will discuss practical and specific ways to create and stick to a household budget, identify funds to save and invest and map out a future that enables you to take that first step on your journey with a high degree of confidence.

To Success!

The Major attributes of Leadership (#4 of 11):

4. Definiteness of Decision: People who waver in decisions show that they are not sure of themselves. They cannot lead others successfully.
(from: Think and Grow Rich by Napoleon Hill)

In terms of your ability to become a Prince, definiteness of decision, or being decisive and making a firm commitment to a course of action is vital for success. Among other endeavors, Warren Buffet’s parent company Birkshire Hathaway buys ailing businesses and turns them around to be profitable. When asked what he looks for in a new CEO to lead a new acquisition from the verge of bankruptcy back into the world of success, Warren said “I cannot tollerate a leader who operates on the “Ready, Aim, Aim, Aim, Aim, Aim, Fire” program.” Taking too much time to choose and commit to a direction is even worse than making the wrong decision. Worse yet is making no decision at all.

To be a Prince, you must determine what your “One Thing” is and faithfully pursue it without second-guessing yourself. Be confident and deliberate. Live each day with intent.

The Major attributes of Leadership (#3 of 11):

3. A keen sense of Justice. Without a sense of fairness and justice, no leader can command and retain the respect of his or her followers.
(from: Think and Grow Rich by Napoleon Hill):

A prince or princess needs to leverage their own efforts and aspirations by commanding other people’s resources, or in other words, getting other people to buy into and share your vision and goals. Leveraging resources allows you to accomplish great things in a short period of time. The whole is greater than the sum of its parts. Justice breeds trust. Trust breeds loyalty. Loyalty breeds motivation among your followers.