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Mayowa Oluyede

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4 Reasons to Trade Forex and 3 Reasons You Shouldn’t.

Forex, also called foreign exchange, is a global, decentralized market for trading currencies. In recent years, the forex market has exploded because of changes in technology. These changes in technology allowed individual traders to take part in the FOREX market is without question the largest financial market in the world.

The FOREX market trades over $2 trillion dollars per day is about 10-15 times the daily trading volume of the world’s stock markets combined. But while the financial markets have become accessible to more people, it has become challenging for traders to choose the most suitable one. However, a trader should consider the potential advantages and drawbacks of a financial market before investing. 

To help you fully understand if you want to do this, I have listed below four reasons to invest in forex trading and three reasons you shouldn’t. 

4 Reasons to Trade Forex

1. Time Flexibility

Forex trading business offers convenience in terms of time. Time flexibility is one of the top reasons you can start forex trading business. The forex market remains active 24/7 as it involves global electronic currency exchange. It operates 24 hours each day as currencies of different countries from around the world float in this market. This enables you to enter or exit a trade whenever you want. Therefore, you can start trading whenever you have time. Forex is one of the few businesses that allow you to trade anytime.

2. You can deal with a high-risk environment

As the Forex market can be a volatile market, you must tolerate a certain level of risk. To better protect your trading capital, it’s important to have a sound risk and money management system with rules to follow. For instance, always determine your stop-loss and take-profit levels before entering the market. In this way, you’ll already know how much you’re willing to lose and how much you can expect to earn from your position. We call this your “risk/reward” ratio. 

Another example would be to adapt the size of your positions depending on the current trading conditions and the evolution of your trading capital. All these rules should be part of your trading plan and to be profitable, always stick to your plan!

3. Develop a trading plan and follow your investment method 

Commitment, patience, and dedication are the most important ingredients in trading. Having a trading plan to follow when trading is vital if you want to be successful, but you need to be committed to following it and have the patient to open or close your positions according to your set-ups.

I advise that you develop your investment strategy first, or create a trading system, before investing real money on the FX market–if not, you will not be sure of what you’re doing and that is making money.

A trading plan is a description of your investment method:

Trading style: scalping, day trading, position trading

Currency pairs: majors, minors, exotics

Timeframes: 5 min chart, 15 min chart, 4h chart

Size of your positions

Set-ups to follow to enter/exit the market

Risk and money management rules: risk/reward ratio, stop-loss, and take-profit orders…

4. Take advantage of a growing market with high liquidity, volatility, and leverage

The Forex market has been a fast-growing market over the last 20 years. According to the 2016 Triennial Central Bank Survey of FX and over-the-counter (OTC) Derivatives Markets from the BIS, trading in foreign exchange markets averaged $5.1 trillion per day in April 2016.

This high trading volume increases the liquidity of the market, so it’s easy and fast for an investor to enter a trade and also reduces the risk of potential price manipulation from others. The profitability rate is high if you win your trades. Most people who started forex trading as a part-time business ended up quitting their jobs to focus on forex trading because they have earned good profits than they expected. The key to earning more profit is to invest more. The more you invest, the more profit you are likely to earn. You need to learn forex business and make smart decisions to win trades successfully.

3 Reasons You Shouldn’t Invest in FX

1. You have no extra money

Because the market can be volatile, there is always the risk of losing money when trading a currency pair. Losing trades over a lengthy period of time means that your account balance can drop to zero.

Besides the inherent risk linked to trading, with Forex trading you need to add margin trading and leverage, so you can invest sizeable amounts with little initial capital. So, this high risk means that you need to be sure you do not use money that you need to live on–always trade with money you can afford to lose!

2. You don’t know what you’re doing

Before even considering trading, you need to know the basics of the markets, what influences them, and how trading works. Another important aspect is that you need to have a trading strategy that suits your trading style, with strict money management and risk management rules that govern how you allocate your funds to trades.

If you have no trading experience, and you do not know how markets work and relate to each other, Forex trading might not be the right investment option for you–at least not yet.

3. You are risk-averse

Fast-changing market conditions, high volatility, and leverage can make Forex trading a high-risk activity.

You can make huge returns in the FX market, but these kinds of returns do not come without risks, especially when using leverage. So, if you can’t handle losing every dollar in your account, Forex trading will not fit your targeted risk/reward.

Conclusion

Deciding whether to trade in the Forex market is up to you, but remember that even if you’re one of the smallest actors on the Forex market, you can still profit from it. And one way to be highly successful at it to seek training and mentorship from the right person(s).

I have been training a group of people in my Forex Money Machine masterclass over the last couple of months, and I am glad to see how they are profiting every day. 

Would you like to be a part of these FX money makers? You can click here to book a free 30 mins call with me discuss more in detail. 

Three simple ways to create wealth

Ask anybody if he or she wants to be wealthy, and you will get a nod accompanied by a big YES in a split second. Yet, most people do not know what it takes to create wealth.

Wealth creation is a topic that can drive people to do things they might otherwise never consider.

If you scour the internet right now, you will find thousands of articles on how to create wealth. But from my experience, the books I have read, and the wealthy people I know, I’ve seen that to accumulate wealth over time, you need to do three things:

  1. Make money. Before you can begin to save or invest, you first need to have a sufficient constant source of income that’s sufficient
  1. Save money. Once you have an income that’s enough to cover your basics, develop a proactive savings plan.
  1. Invest money. Once you’ve set aside a monthly savings goal, invest it prudently.

Understanding the 3 Simple Steps to Building Wealth

Make Enough Money

The basic formula for building wealth is to make more money than you spend, then avoid debt, and invest wisely.

When you earn enough money, make sure to save enough, although this will require discipline in budgeting and planning. But this primary method of wealth-building will empower you to take on a bit of risk and make prudent investments.

There are two basic types of income, namely—earned and passive. Earned income comes from what you do for a living,” while passive income proceeds from investments.

Save Enough Money

You make enough money, you live pretty well, but you’re not saving enough. What’s wrong? You’ve probably been exceeding your budget every month. So what do you do to develop a budget or to get your existing budget on track? Try these steps:

  1. Track your spending for at least a month. You may want to use a financial software package to help you do this. Make sure to categorize your expenditures. Sometimes being aware of how much you spend can help you control your spending habits.
  2. Trim the fat. Break down your wants and needs. The need for food, shelter, and clothing are obvious, but also address less apparent needs. For instance, you may realize you’re eating lunch at a restaurant every day. Bringing your lunch to work two or more days a week can help you save money.
  3. Adjust according to your changing needs. As you go along, you probably will find that you’ve over- or under-budgeted a particular item and need to adjust.
  4. Build your cushion. You never really know what’s around the corner. Aim to save around three to six months’ worth of expenses. This prepares you for financial setbacks, such as a job loss or health problem. If keeping this cushion seems daunting, start small.

This doesn’t mean you have to be thrifty all the time, but meeting your savings goals is critical. When you do hit these goals, you should be willing to reward yourself and splurge (an appropriate amount) once in a while. You’ll feel better and be motivated to make more money.

 Invest Money Wisely.

When you’re making enough money and saving enough, stop putting it all in the regular savings account at your bank. It’s wrong!

If you want to create wealth and have a sizable investment portfolio, you have to take on some risk, which means you’ll have to invest in properties, stocks, and businesses. But how do you determine what’s the right level of investment for you?

Begin with an assessment of your situation. Quantify all the elements affecting your financial life, including household income, your time horizon, tax considerations, cash flow or liquidity needs, and any other factors unique to you.

Next, determine the appropriate investment plan for you. Most likely, you will need to meet with an investment coach or a mentor who knows enough to help you. Finally, diversify your investments for multiple streams of income because another may outperform the others.

Taking these considerations into account will not only put you on the right path, but it will also help you grow your income and create wealth.

Would you like to get on a free call with me for 30 minutes to discuss plans to grow your income and invest properties this year?

Click here and get booked now.

 

Reference: Investopedia.

How to copy ‘success’ to become successful

Posted on: by mayowa 1 Comment

Let me tell you the truth, you need a vision, a plan, and a strategy to be well-positioned for success.

And here is a little secret to add to that: in life, you can copy success!

Believe me, you can. By doing what successful people do, knowing what they know, and acting as they do, you can also become successful.

Highly successful men and women find people to learn from, they do not underestimate the need to have a mentor or a coach in their lives because they understand how critical it is to grow.

Are you doing the same? Have you identified mentors that can help you transform your life, career, or investment for the best in 2020? Don’t waste time, it waits for nobody.

I’m mentoring people to increase their income and capacity for success in the coming year. Would you like me to mentor you? Send me an email or book a free 30 mins call with me now.

https://mentoringmeetingwithmayowa.as…

Taking initiative; the art of seizing opportunities.

Personal initiative is a critical differentiator between highly competent people who take charge of their destiny and those who are not. Having initiative goes hand-in-glove with being successful.

Research conducted found that highly initiative people are said to be better able to find a new one if they ever lose their jobs. They are also said to be more likely to offer more suggestions at work and in relationships.

What does it mean to have initiative? A study by researchers interested in high and low initiative people provides a clue.

“In their research, they offered people training in computer skills, which they also video recorded. Afterward, the scientists went back and watched how the most enterprising people behaved and how this differed from those who lacked initiative. The latter group frequently interacted with the trainer. Specifically, they asked—over and over—whether they were using their new skills correctly. They were not merely interested in feedback; they invested in getting reassurance. 

Rather than taking the reigns of their learning, they demanded a disproportionate amount of the instructor’s attention. By contrast, the folks with the highest initiative were more likely to engage in trial and error, if they could solve their problems, and only asked for feedback once they were truly stuck.”

Taking initiative is about being first. It is a willingness to act.

Three critical elements of taking initiative 

1. Taking Action.

People who are high in taking initiative are willing to act. Recall all those times that you considered speaking with a stranger on an elevator or wish you had spoken up when there was a mistake at work. Folks with initiative do something in those situations—they introduce themselves to strangers or speak up about problems.

2. Self-Starter Attitude.

Importantly, the actions taken by people high in taking initiative are self-motivated. These people don’t wait for permission, or for everything to be clearly explained, or for conditions to be completely safe.

3. Seeing Opportunity.

Critically, one of the reasons that people high in taking initiative are self-starters and are willing to act is that they see opportunity. They see opportunity where others overlook it, or worse, where others see threats. 

Where do you stand with taking initiative?

Are you a play-it-safe type of person, or are you bold? 

Dr. Robert Biswas-Diener created an unscientific checklist to help you gauge how you fare about taking initiative. Give yourself a point for each “yes” answer with the idea that the more points, the more initiative:

       _____ When an emergency happens, I rush to help 

       _____ If I get stuck, I try to solve the problem before asking for help

       _____ If I see a problem, I will speak up and let others know

       _____ I have a history of taking the first step in new social relationships

       _____ I rarely regret missed opportunities

       _____ I volunteer for new duties and opportunities at work

       _____ I like to try new things

       _____ I am on the lookout for an opportunity

How did you fare? 

See, here is something I’d like you to keep in mind – we are all a mixed bag of stepping forward and opting out. 

“There are times when we wish to act but—for one reason or another—can not bring ourselves to do so, that’s called procrastination. There are times when we wish to act but do not muster the will (like wanting to meet a stranger but holding back instead) that’s called being reserved. And there are also actions we take without much thought or intention, these are called habits. Initiative, however, occurs when we take action.”

How to increase your  “Initiative Quotient.”

Dr. Robert asserts that initiative can be learned and if you are interested in increasing your “Initiative Quotient,” he suggested that you consider the following exercises:

  • Be First. People spend a lot of time waiting for other people to take the first step or for conditions to be “just right” before taking action. I recommend making a little private competition out of being first. This might mean being the first to smile and say “good morning” to a stranger you pass on the street. It might be that you are the first to volunteer or the first to offer an idea. To do this effectively, use “be first” as a mantra. When you wake up in the morning, tell yourself that you will look for opportunities to be first in a wide range of ways. See what happens. 

 

  • Be Brave. Understand this simple fact: Being brave does not guarantee success. Some gambles pay off, and others don’t. But choosing to take a risk at least puts you in the game. I am not suggesting taking foolish risks but rather permitting yourself to try even though you aren’t sure how it will all work out. 

If you try these for a week,  you will notice changes in your life. Your confidence will improve; you will seize more opportunities and will be well-positioned to become more successful. 

P.S: I have been coaching people on how to consistently set and achieve their financial goals through investing. Would you like to get a free 30 minutes consultation with me today?

Click here now.

Cheers

 

Sources:

High-Performance Institute Blog: Taking Initiative: A Key to Success is Seizing the Opportunity

Why remortgaging is a good investment strategy

Do you know that around a third of all home loans made in the UK are actually remortgages? Yes, they are. So…

What is remortgaging?

A remortgage is where you take out a new mortgage on a property you already own – either to replace your existing mortgage or to borrow money against your property.

Also known as refinancing in the United States, it is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security.

In the United Kingdom, the majority of remortgage rates track the Bank of England base rate which has been at a historic low of 0.5% since March 2009. 

A base rate is the interest rate set by the Bank of England for lending to other banks, used as the benchmark for interest rates generally

Now, that we are clear about what remortgaging is, the truth is that it isn’t right for everybody.

Who is it good for?

For instance, remortgaging is good for you if your home’s value has risen high since you took out your mortgage. This may put you in a lower loan-to-value band, and therefore make you eligible for much lower rates. 

Another situation that is good for remortgaging is if you’re worried about interest rates going up. Although you need to fact check your rates so that you do not just put yourself in panic mode. However, if it’s the Bank of England base rate that is predicted to go up, this may affect your mortgage payments directly, depending on the type of mortgage you have. 

Also if your current deal is about to end, remortgaging might be a good investment strategy to get on. Nevertheless, there are some reasons to choose to remortgage.

Remortgaging can help you borrow more.

If your current lender says no to lending you more money or the terms it’s offering aren’t very suitable, remortgaging to a new lender might enable you to raise money cheaply on low rates. Just remember to take all the fees into account to consider if it’s really worth it.

The most commonly accepted reasons to raise money are for home improvements and paying off other debts. However, be prepared for your lender to ask for evidence if you are borrowing a large amount, e.g. builder quotes, or proof that you have paid off the debts.

When you don’t need to remortgage

Stop rolling with the crowd on every strategy you hear is good, instead, make sure to be sure it’s the best for you. In the case of remortgaging, don’t do it if you’re already on a great interest rate because it is possible that you may already have the best deal in town. Again, it gets down to taking the time to cross-check and compare. 

In addition, when your mortgage debt has fallen below a certain amount – say around £50,000 – it may not be worth switching lenders, simply because you are less likely to make a saving if the fees are high. In fact, some lenders won’t even take on mortgages below £25,000.

The smaller your mortgage, the worse the effect of any fees you need to pay. Quite often, in this case, you’ll be better remaining on the higher interest rate.

Also, when your early repayment charge is large.

A large early repayment charge could mean that it’d be utter foolishness to move before the end of the incentive period. Do your calculations right to find out If it would cost too much to free yourself from your current deal. Whatever you discover will help you make the right decisions for your progress.  

Conclusion

Buying a house is awesome, and buying more than with this remortgaging strategy is great. But one thing is critical to achieving this, and that is being creditworthy and getting expert advice. Experts have experience doing these things and they can shorten the learning curve. 

Do you want to know more about remortgaging and how to be creditworthy for success in property investing? Check my calendar here to book a free 30 mins one-on-one call with me now. 

To your success!

 

 

 

Two-science backed lessons on perfect timing

Do you know that simply knowing how to accomplish your goal isn’t sufficient for achieving top performance?

Well, it isn’t. And that’s according to new research that revealed another critical factor that often goes overlooked when considering how to achieve our desired results: timing. 

“In his book, When: The Scientific Principles of Perfect Timing, Dan Pink synthesizes cutting-edge research into a compelling narrative that highlights the power of leveraging timing to amplify performance. 

On a day-to-day basis, we face a never-ending stream of “when” decisions – when to change jobs, when to buy a house, when to exercise or even, when to end a relationship. Most people make these decisions by relying on unsubstantiated systems like intuition or guesswork. Worse, most tasks are scheduled based on nothing more than our availability; we give minimal thought to the kind of task we’re doing and how timing might affect our performance, and instead pencil in our to-dos whenever our schedule allows. In so doing, we are undoubtedly leaving peak performance on the table.”

Timing is everything, and it will always be a crucial part of our lives. So, here are two lessons from Dan Pink’s book that will guide you in making better when-to decisions: 

Lesson 1: Honor your chronotype 

Everyone has a chronotype, that is, a person’s natural inclination about the times of day when they prefer to sleep or when they are most alert or energetic.

Knowing your chronotype is key to understanding how you experience the day and when you are most active at various tasks. 

Each day is divided into three experiential stages: a peak, a trough, and a rebound. Larks and third birds experience the day in precisely that order, while owls experience the reverse. Use the research-backed chart below to determine better when to take different types of action:

To determine your chronotype, take the Munich Chronotype Questionnaire at https://www.danpink.com/mctq.

Lesson 2: Use Restorative Breaks to Boost Your Performance

Something happens during the trough, roughly seven hours after waking, that makes it far more perilous than any other time of day. For example:

  • Sleep-related vehicle accidents peak twice a day: between 2 a.m. and 6 a.m. (middle of the night, makes sense) and between 2 p.m. and 4 p.m. (middle of the afternoon, hello trough!).
  • Taking a test in the afternoon without a break produces scores that are equivalent to spending less time in school each year, and having parents with lower incomes and less education.

Becoming more aware of the trough is an essential first step in learning to avoid making poor decisions due to bad timing. 

Research shows that the best way to combat the dangers of the trough is by taking restorative breaks. While there’s no single answer on precisely what those breaks should look like, Pink says science offers five guiding principles:

  1. Something beats nothing: Even short breaks from a task can help us maintain focus and reactivate our commitment to a goal if our motivation is waning. 
  2. Moving beats stationary: “Microbursts of activity” like hourly 5-minute walks have been shown to boost energy, sharpen focus, increase concentration, enhance creativity and improve mood. 
  3. Social beats solo: It is believed that spending time alone can recharge us, but much of the research points toward the higher power of being with others, particularly when we’re free to choose with whom we spend time. 
  4. Outside beats inside: Although people can recognize they’d be happier taking a break outside, they underestimate how much happier being close to trees, plants, rivers, etc. is a powerful restorative and allows people to return to their tasks in a better mood (Nizbet and Zelenski, 2011).
  5. Fully detached beats semi-detached: Resist the urge to multitask. Step away from all work-related material and engage in something completely different (all of those office ping pong tables are starting to make sense—they’re social, active, and fully detached!)

We spend countless hours researching and strategizing about how to tackle our daily tasks, but so rarely do we strongly consider when we tackle our tasks. When we fail to use timing to our advantage, we short-change ourselves and limit our potential.

The Many Cost of Buying a Home in the UK.

Posted on: by mayowa 1 Comment

Buying a home is almost guaranteed to cost more than you think because it’s not just about getting a mortgage, grabbing the keys and, going straight to pack in, no, that’s not how it works. 

Aside from finding strategic ways to raise a mortgage deposit, there are some other costs to factor in to know the true cost, or at least, to have a better estimate of what it takes to buy a home. 

These are costs to factor in.

Mortgage arrangement fee

“An Arrangement Fee (sometimes called a Completion Fee or Booking Fee) is an administration charge made by lenders for arranging credit – usually for a mortgage or for a business loan and sometimes for car finance.”

You can expect to pay your lender an arrangement fee, although, it varies, £1,000 is typical. In some cases, this is non-refundable, even if the purchase falls through.

Valuation fee

“A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.”

The valuation fee offers sufficient security for the loan. Its cost varies according to lender and purchase price, but you can budget for £300.

Legal fees

Some lenders contribute to legal fees, especially with a condition of using a solicitor approved by them. If you’re paying for your conveyance, you’re looking at about £500-£800, depending on the purchase price.

Stamp duty

Stamp Duty Land Tax ( SDLT ) is what you pay when you buy a residential property or land above £125,00 in England and Northern Ireland. 

Unless you’re a first-time buyer when you pay zero stamp duty on the first £300,000 of any home costing up to £500,000. 

“As of April 2016, there is a 3% increase on top of current rates if you’re buying an additional residential property above £40,000 such as a second home or buy-to-let property.”

The easy way to find out how much is to use one of the many stamp duty calculators online, or contact me for direction with buying a home. 

Surveys

This is another costly aspect of purchasing a home, with a typical survey costing between  £400 to £700. Many people pay for surveys on purchases that do not end with a deal, so budget for two or three as it might sometimes be the case.

Before you buy a property, get it checked by a surveyor. This is vital so you understand if there are any problems before you buy it, as it could save you money on repairs in the long run.

Removal costs

“Unless you can pile your belongings into the back of a car, factor in a removal van. These start at £100 for small local moves, but can easily run to £1,000 for shifting a family’s worldly goods long distances.”

Home repairs, furniture, and extras

From paintwork to leaky sinks, put aside some cash for unexpected property maintenance. And if you have to buy everything from beds, sofas to lawnmowers and carpets, you figure that in too. 

There might also be the need for some essential extras like light bulbs, lampshades, toilet brush, washing up bowl, doormats, hooks and extension lead. 

Do you see that when you sit down and write out these things, you will discover that there are other costs of buying a home other than the mortgage deposit itself?

All of these when factored in, make the process of purchasing a house easier and achievable in record time.  

Do you have any more questions on this, need any kind of help in the property investing and your personal development? I’m here to help you, so click below to book a free 30 minutes call with me. 

Book a call with me here.

Sources: 

  1. https://www.checkmyfile.com/jargon/arrangement-fee.htm
  2. https://www.ratecity.com.au/home-loans/faqs/valuation-valuation-fee
  3. https://www.moneysavingexpert.com/mortgages/house-buying-guide/

How to Motivate Yourself With the Goal Setting Theory

A research report has shown that employee motivation levels are declining in the UK, with 29% of employees surveyed in 2018 acknowledging that they were not motivated at work in the year before. 

When asked about what affected motivational levels in the workplace, some of the answers were: lack of career progression, not having a good work-life balance, and working at a job that is not challenging. 

People want a good work-life balance that gives a sense of satisfaction and growth, but that does not come free to anyone. And that perhaps is the root cause of declining motivation levels in the society. 

How to be motivated 

First, you need to acknowledge the fact that humans have one capacity beyond that of the lower life forms: “We have the volitional power to choose our own goals. We have the power of reason which includes the capacity to form concepts through the process of thought.”

Hence, the goal-setting theory developed by Edwin Locke and Gary Latham; both Professors of Motivation and Organizational Psychology. The theory, based on more than 1000 studies, explains how goals can be used to regulate and improve your performance by identifying the type of goal and what it requires to get done.

Types of Goals

The goal-setting theory posits that there are four basic types of goals. They can be for:

  • Behavioral (e.g., contact five potential clients every day), 
  • Learning (e.g., discover 5 ways to improve your putting)
  • Outcomes (e.g., increase sales by 10% in the next 12 months). These can be used separately or in combination.)
  • On tasks where new knowledge has to be acquired, as to do one’s best is performing a task.

Attributes of effective goal setting. 

Goals need to be clear (specific). If they are vague or ambiguous, people will interpret them in their own idiosyncratic way. For example, telling people to “do their best” has no clear meaning. It does not lead people to do their best because the best is not defined. If you want people to do their best or come close to it, the goal has to be both specific and challenging.  If the goal is too easy, people will not have to try hard to reach it. If a goal is too hard (e.g., impossible) people may give up pursuing it.

A word is in order about what Jack Welch, the former CEO of General Electric called “stretch goals.” These are goals that are so hard that they may not be possible to reach (e.g., increase sales by 100% in the next year). However, under the right conditions, stretch goals can still be a motivation if it is made clear that it is for the purpose of stimulating creative thinking (“thinking outside the box”), and that there will be no penalty for not attaining them. 

However, specific, and challenging goals affect action in three ways. It helps to call attention to what is important and thus to direct our actions accordingly.  

Setting goals also help us to mobilize effort in proportion to what a task requires and challenging goals lead to more energy being mobilized than easier goals. 

Further, goals affect persistence. If people are committed to the goal, they will not stop until it is reached. Finally, goals motivate people to utilize or search for task strategies that will be effective for attaining them.

One of our utmost goal in life is to be a happy-go-lucky fellow that is highly motivated to pursue and have a fulfilling life.  But for that goal setting to be effective, there are conditions required. 

  1. First, there must be objective feedback to reveal the degree of progress toward the goal. This allows people to adjust their effort level and strategies especially if they are not making progress.  
  2. Second, there must be a commitment to the goal. Commitment is highest when the goal is important to an individual, and the individual has the knowledge/skill needed to attain it. 
  3. Knowledge or skill (i.e., ability) is a third moderating condition. 
  4. Finally, organizational support in the form of resources (i.e., time, equipment, and budget) facilitates goal attainment.

A non-motivated life is an unfulfilled life, don’t let that be your case. Pick a pen or grab your digital notepad now and start setting smart, realistic and stretch goals, because it will help you become highly motivated and therefore more successful in life. 

P.S: Do you have any questions on how I consistently pursued my goals until I succeeded as a property investor and how you can too? 

Click here Book a free 30 minutes consultation with me today. 

3 Ways to Master Consistency

Posted on: by mayowa 1 Comment

I know a friend who accomplishes all his set goals almost all the time. And I have studied his way of doing things. Do you know what I found out? 

He lives by what Simon Bailey calls the consistency cocktail. So what is the consistency cocktail you ask?

I know you’ve had a cocktail drink and you probably like it because of its mix of ingredients. 

Interestingly, this is what Simon also means that mastering consistency is a mix of strategies and habits that help us become smart, successful, and skillful in life. 

So what are the 3 ways you can use to master consistency in anything? 

This first ingredient makes up the largest part of your cocktail. “Walking your walk” (and not just “talking your talk”) describes the little steps you take throughout the day that breathe life into your values. It’s not enough to just say you have values. You actually have to live them out in the small moments that make up your day.

1. Learn to walk the talk all the time. 

For example, one of my core values is caring for the least, the last, and the forgotten. This shapes how I talk to people, what projects I accept, and the way I invest my money.”

”Constantly reminding yourself of the meaning, the why behind your actions will allow you to power through even when you’re tired, stressed out or unmotivated.

2. Know your why

I am caring for my health better than I ever have, and it’s because I am more connected to my why: I want to stay fit so I can live for a long time for my children and their children, not because I want to look good in photos. Once you make this mental shift, everything will change.”

3. Embrace a paradigm shift. 

”This is the magic ingredient—you just need a pinch of it. Consistency without disruption is simply a routine. Disruption means moving from the status quo to the cutting edge.

I am a huge believer in conducting a self-review every 90 days. That period of time is long enough to ensure you’re not jumping from goal to goal, but it’s regular enough to keep you from getting into a rut.

During your self-review, ask yourself: What have been my major successes in the past three months? How have I moved forward? Am I still moving in the direction I want to go? Is there a better way to do things?

Mixed correctly, this cocktail will allow you to develop confidence and become more purposeful with how you use your time and energy.”

Achieving anything in life is largely about being consistent about our goals, and taking actions towards its  accomplishment. 

In the beginning of 2019, we all had goals of things we want to do. Some of us have not only veered off the plan but have abandoned it. This will not make anyone successful in life. 

September is here already, and I am here to remind you that you should not lose hope on the remaining days of the year, anything can still happen. 

I mean millions of people will still breakthrough this year, and you can be one of them. 

Remember the mix of consistency cocktail? Learn to walk your talk, identify you’re why, and embrace a new way of thinking. 

I wish you success, my friend. 

P.S: Do you have questions about how I consistently pursued my goals until I succeed as a property investor and how you can too? 

Click here Book a free 30 mins consultation with me today. 

 

What You Should Never do If You Want to Be a High Performer

Life happens, I get it. But for how long would we continue to make that phrase the excuse of our lives?

We already live in a world full of distractions. With all the internet-connected devices and automation we live with these days, it is safe to say that technology has brought us many goodies, but they are not without a cost. 

According to research published by the US National Library of Medicine, Internet addiction (IA) is becoming both a health and social problem among the general population with the spread of Internet access.

That is not to say that you shouldn’t use the internet. Rather, it should help you understand that distractions are not good for anyone that wants to be a high achiever. 

High performers avoid distractions. They take control of their lives, pursue their dreams and whatever makes them happy. 

What high performers do

The real high performers are not people who became successful by luck or by chance, they are people who put in the work to achieve their pursuits. 

They are the ones who know what they are working on. High performers have deadlines, objectives, and dates planned out in their calendar so that they never leave anything undone. 

But there is one thing they never do, and you should not do it too. 

What you should never do if you want to be a high performer. 

They never keep all their plans, deadlines and goals only in the mind because the mind can be robbed. 

When life happens, we can skip a lot of things in our to-do list that we didn’t set in our calendar. But it isn’t how it is supposed to be. Keeping your deadlines, and goals in mind are like leaving your life to randomness, because you’re not in control, life is.

If you really want to become a high achiever in life, starting from this day. Never leave your life to randomness. Instead, take control by using a calendar to organize your days, weeks and months.


If you do this, your life will exude the excellence that is peculiar to high performers.

Copyright 2025 Mayowa Oluyede. All Rights Reserved.