Make More Money: 8 Rules

1. Keep Your Day Job
Stable income from your job will provide you with a safety net while you transform yourself into a Creator.
2. Go Nuclear
The time, energy, and investment you put into your other eight hours should be disproportionate to the results you can achieve. Going nuclear is about extracting the greatest results from the least effort. Put simply, you need to get a lot of bang for your buck.
3. Know your HABU
The real estate industry has a concept called Highest and Best Use (HABU). Properties are based on the best use of the land that will produce the highest value. When you use the other eight hours to create, you must focus on your HABU — your unique talents, skills, and experience that will produce the most value.
4. Limit Risk
Instead of taking a lot of risk, the Creator’s goal is to limit the risk of a financial catastrophe. If you’re in the start-up exploration stage, don’t commit more than about 2 percent of your income or savings to any one project. If you pass this initial stage, you can commit a little more to the project — maybe 5 percent of your income/savings.
Three other ways to limit risk:
• Enlist the support of others.
• Negotiate discounts and concessions on everything.
• Pull out of dead-end projects.
5. Swing Often
If you’re trying to hit a home run and catapult your finances to a whole new level, it pays to swing often. The most ambitious Creators will have two, three or more projects in the works at any time. The assumption is that just one will make it.
6. Market
Even the best products won’t sell unless people know about them. There are loads of resources that will help you get more of your stuff in your customers’ hands. I have several free resources that will help you become a Creator at other8hours.com.
7. Monetize
The Creator has two objectives: to have fun and to make money. Too many people think the recognition of what you’ve created is the objective, but recognition can’t pay the bills. So figure out how you will convert your product or service into money.
8. Have Ownership
Unless you’re a star athlete or A-list entertainer, you won’t get megarich working for someone else. True wealth is from ownership.

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First woman to head major US intelligence agency

Letitia A. Long became the first woman director of a major U.S. intelligence agency Monday, taking her post as chief of the National Geospatial-Intelligence Agency at a ceremony at the agency's half-built, high-tech campus in Springfield, Va.

Long saluted what the relatively new agency has accomplished, from aiding troops on the battlefield, to helping draw together intelligence from across the national security spectrum.

"I have never seen an agency as young as the NGA do so much in so little time," she said of the organization, which was established in 1996.

She spoke before several hundred VIPs from the intelligence and special ops community on the roof of a parking garage next to her future offices. The "Jetsons"-style rounded wedge of buildings is rising from a vast construction site at Fort Belvoir. The NGA's staff, now spread among several sites across the Washington metropolitan area, is slated to relocate there by fall 2011.

Long's 32-year career has led to a series of senior management positions: deputy director of Naval Intelligence, deputy undersecretary of defense for intelligence and, most recently, second in command at the Defense Intelligence Agency.

Long's old boss and mentor, James R. Clapper, newly confirmed as director of national intelligence, noted her 32 years of service, with 16 of them often working in agencies under his purview. Clapper warned her that as soon as he is sworn in as DNI, his "meddling" would continue in her next mission.

Long thanked him for "taking a chance on a young executive, way back when," and said she welcomed the meddling to come.

Long represents the vanguard of women in the intelligence community.

Women represent 38 percent of total intelligence work force, according to Wendy Morigi, DNI spokeswoman. In six of the most prominent agencies, 27 percent of senior intelligence positions are held by women.

A spokesperson for the NGA, Susan H. Meisner, had identified Long as the first woman to lead one of the nation's 16 intelligence agencies, but later conceded that women have led smaller intelligence agencies such as the State Department's intelligence arm.

Long has taken over one of the "top computer geek shops" in the national security world. The NGA synthesizes satellite imagery, using everything from the number of electric lines a city has to the density of the soil, to create three-dimensional, interactive maps of every spot on the planet. They're used by everyone from invading troops gauging whether a country's roads or deserts can handle tank tracks, to oil spill cleanup crews trying to decide where to deploy resources.

Long has the science-and-technology credentials to do it, with a degree in electrical engineering from Virginia Tech, and a masters in mechanical engineering from the Catholic University of America. Together with those high powered jobs, Annapolis-born Long and her husband have raised three daughters.

Rep. Anna Eshoo, D-Calif., said Long's "experience and position make her an important role model for all the women in the intelligence community." Eshoo is a member of the House intelligence committee and a longtime proponent of women in top intelligence roles.

Some of Long's new women staffers at the NGA say her example will surely change how the largely male-dominated work force sees them. However, women in their thirties and forties at these agencies say the climb they face is small compared to Long's fight, against an older generation that hadn't yet witnessed women in combat or a woman come so close to capturing the nomination for U.S. president.

Yet some of those women out in the national security trenches say the fight's far from over.

Intelligence executive Carrie Bachner, a former Air Force officer, worked as the legislative adviser to Charles Allen when he was the Department of Homeland Security's top intelligence official.

That meant she advised him daily on how to deal with the 86 congressional committees responsible for DHS oversight.

Still Bachner says, when she'd walk into a room of officials with Allen, "they'd automatically ignore me, assuming I was the executive assistant....until they'd realize, 'Oh, wow, she's the person we're supposed to talk to.'"

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Leh flash floods: Army searches for missing jawans

Following the disastrous flash floods that hit Leh on Friday, the Army is now searching for the bodies of 26 jawans who are missing from Thygasi near Turtuk along the Line of Control (Loc).
This group of soldiers was untraceable after a hillock came crashing down on their post which is barely 150 metres from the LoC.

Sources in the Army say that most of these soldiers could be buried under 20-feet debris. But the Army does not rule out some of the soldiers having got swept away across the border to Pakistan.

After the incident, Indian Army's Director General of Military Operations got in touch with his counterpart in Pakistan to inform him of the possibility of some bodies being washed away into their territory. This was done as per the standard procedure established between the two countries in times of natural calamity.

The soldiers were well-trained to negotiate the conditions, but the Army has not been able to trace them even 48 hours after the incident, sources added.


Read more at: http://www.ndtv.com/article/india/leh-flash-floods-army-searches-for-30-missing-jawans-42991?cp

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TCS asks 500 employees to leave

India’s leading software services firm Tata Consultancy Services Ltd (TCS) said Tuesday that about 500 of its employees were asked to look for another job after their performance was rated poorly.

“Those who cannot meet the performance requirements of our company were asked to look for another job commensurate with their abilities,” TCS spokesman Pradipta Bagchi said here.

In the quarter ended Dec 31, TCS appointed 4,037 employees, taking its total headcount to 108,229, up from 83,500 a year ago.

The export-driven software services companies have been winning large outsourcing contracts from western clients, but recession fears in the US and a rising rupee against the dollar has considerably affected their profit margins in the recent past.

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Toyota Closes China Car Plant as Honda Workers Return

Toyota Motor Corp. closed a factory in China because of a supplier strike while workers at a Honda Motor Co. affiliate agreed to return to their jobs with a promise of higher pay.
Walkouts have spread through foreign-owned industrial plants during the past month as workers demand higher pay, underscoring the shrinking supply of low-cost labor in the world’s fastest-growing major economy.
Strikes at Honda suppliers in China disrupted the Tokyo- based automaker’s production in the country and forced it to raise pay at three plants. Employees at Honda Lock (Guangdong) Co. agreed last night to accept wage increases, said Takayuki Fujii, a Beijing-based spokesman for Honda.
“We aren’t striking anymore and decided to take the offer,” said a 23-year-old Honda Lock employee who identified himself only by the surname Huang. “It’s not much of an increase, but there’s nothing more we can do.”
Toyota closed its Tianjin factory at noon yesterday after a strike at supplier Toyoda Gosei Co. in the city, said Mieko Iwasaki, a spokeswoman for the Toyota, Japan-based carmaker.
Honda is trying to prevent the resumption of a strike at a fourth parts maker. Nihon Plast Co. shut its Zhongshan, Guangdong province plant on June 17 after workers walked out demanding higher wages. They agreed late yesterday to return to work as negotiations continued, and operations resumed at about 9 p.m. Beijing time, Fujii said.
‘Copycat Strikes’
“When strikes are successful, you do see replica strikes, copycat strikes,” said Geoffrey Crothall, a spokesman for Hong Kong-based advocacy group China Labour Bulletin. “I expect you’ll see more strikes in the coming weeks.”
Workers at Honda Lock, wholly owned by the carmaker, began their walkout on June 9 and suspended industrial action June 15. A Honda Lock employee surnamed Luo said the basic monthly salary has been increased by 200 yuan ($29.30) plus an 80-yuan allowance.
“It’s much less than what I expected,” Luo said, adding that there were no talks of more strikes. “I was hoping we would get at least 450 yuan more each month. About 80 percent of the workers in there were very unhappy with the increase.”
Employees would probably join in should someone decide to start another strike because dissatisfaction is so high, he said.
Production Unaffected
Honda’s car production wasn’t disrupted by the earlier Nihon Plast walkout, Fujii said.
Nihon Plast, based in Shizuoka, Japan, is 21 percent owned by Honda, according to data compiled by Bloomberg. The company also supplies Japanese carmakers Nissan Motor Co. and Suzuki Motor Corp., according to its website. It makes air bags and handles for Honda and Nissan, according to Kyodo News, which reported the strike earlier.
Nihon Plast’s Zhongshan factory manufactures steering wheels for all models from Nissan’s Chinese venture, Dongfeng Nissan Passenger Vehicle Co.
Nissan’s production in China hasn’t been affected because the company has a sufficient stock of parts, Yoshihisa Jun, a spokesman for the Yokohama-based carmaker in China, said by phone.
Assembly car plants in Guangzhou and Hubei province run by Dongfeng Nissan will resume today, said Akihiro Nakanishi, a Guangzhou-based spokesman for the company.
The factory in Zhongshan is 85 percent owned by Nihon Plast and 15 percent owned by Osaka, Japan-based Itochu Corp. It has 502 employees and was established in 2003, according to the website.
Pay Rises
A Toyoda Gosei Co. plant in Tianjin has been partially shut since workers went on strike June 17, said Shingo Handa, a spokesman for the Toyota affiliate, based in Japan’s Aichi prefecture.
Niu Yu, a Toyota spokesman in China, said the Tianjin FAW Toyota Motor Co. car plant that shut down yesterday is normally closed on Saturday and Sunday.
Workers at another Toyota supplier in China, Tianjin Star Light Rubber and Plastic Co., also walked out briefly on June 15, Toyoda Gosei’s Handa said. The issue was resolved when the company offered a pay increase, said Zhu Hai Feng, a spokesman for the company in Tianjin. He declined to elaborate.
Toyota fell 1.7 percent to close at 3,240 yen yesterday in Tokyo trading, while the benchmark Nikkei 225 Stock Average was little changed. Toyoda Gosei declined 0.4 percent and Honda dropped 1.7 percent.
Reduced Migration
Higher investment and improved wages in western China are deterring workers from migrating, pushing up pay in more industrialized regions like Guangdong in the south, David Abrahamson, project manager at the China Center for Labor and Environment, said by phone from Shenzhen.
A factory owned by Xiaotian (Zhongshan) Industrial Co., a maker of gas stoves and electric fans located 3 kilometers (1.9 miles) from Honda Lock’s plant, promised workers a monthly increase of at least 250 yuan, excluding overtime, last week.
Some factories in China are losing as many as 25 percent of their workers a month, reflecting increased competition among employers to hire staff, said Ian Spaulding, Hong Kong-based managing director at Infact Global Partners, which advises factory owners on China work practices.
More than 20 Chinese provinces and cities raised minimum wages this year, the Shenzhen city government said on its website. In Shenzhen, which raised minimum wages an average of 15.8 percent, the government said higher pay will help companies recruit workers and will boost consumption.

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Big B’s repeated invitation to SRK for ‘Raavan’ premiere

The ‘Raavan’ premiere is going to be a grand on in London. Many Bollywood celebrities
are expected to grace the event and among them is Shahrukh Khan. Excited Amitabh send an open invitation to Shahrukh and his family though the social networking site, ‘Twitter’.

“Premier of Raavan in London 16th June 7 pm at British Film Institute, South Bank. Shah Rukh! Believe Abhi spoke to you and you coming!” said Amitabh to SRK.

After few hours, Amitabh repeated his invitation by saying, “Shah Rukh! Believe Abhishek spoke to you about the Premier in London and you Gauri and the kids all are coming. Wonderful! See you there.”

The report of the tiff between Shahrukh Khan
and Amitabh Bachchan has finally died down with Amitabh’s repeated invitation to Shahrukh. On the other hand, his fans requested Big B to share screen space with Rajnikanth and Shahrukh Khan.

‘Raavan’ will be releasing this Friday worldwide and audiences are looking forward to it with high anticipation.

Read more: Big B’s repeated invitation to SRK for ‘Raavan’ premiere | Amitabh Bachchan | Shahrukh Khan http://www.bollywoodmantra.com/news/big-b-s-repeated-invitation-to-srk-for-raavan-premiere/5954/#ixzz0r8cPz17X

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