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Five Ways to Channel Your Inner Millionaire

Here's how to harness your brain power to maximize productivity.

By nature, many entrepreneurs are inventors and good at solving problems. But how easily, or naturally, do these creative and practical processes come to most people? How can we harness the right frame of mind to make money and improve productivity?

The part of the brain that sets humans apart from the rest of the animal kingdom is our prefrontal cortex (PFC). It is the "executive" part of the brain -- the moneymaker. It regulates emotions, thoughts and ideas and makes success and fulfillment possible.

But the PFC must be coaxed into action. Vanderbilt University management professor Richard Daft says that the average human spends only about 2 percent to 10 percent of their time each day using the executive brain. The vast majority of our time is spent reacting reflexively, just like the other animals on the planet.

When it comes to landing your next big deal, which frame of mind do you think would be your better asset?

ANIMAL MIND   EXECUTIVE MIND
Jumps around     In the here and now
Automatic     Intentional
Rote patterns   Thoughtful
Reactive   Reflective and measured
Sees negative   Sees positive
90 percent to 98 percent of time   2 percent to 10 percent of time

Related: Five Tips for Making Better Decisions

The better characteristics fall under the executive mind. Now, imagine what you could produce if you could add just one more percentage point to your own executive category. Consider these five ways to cajole your reluctant PFC into action and harness your brain power to maximize productivity:

  1. Lead it. Direct your brain to focus on something. You decide what your PFC will attend to, as opposed to allowing it to scan the environment for something novel and interesting. This is a deliberate, executive-level function that requires your full effort. The more you focus, the more insights you get.
  2. Weed it. Avoid messy thinking by moderating what's on your mind. If you don't, your brain might take the break it needs without asking your permission. When this happens, it will shut down and go into the reactive animal brain. This can lead to trouble.

    One way to "weed out" the items on your brain's plate is to turn off every device that can contact or distract you for one hour each day, close your door and work on just one task. You'll probably get more work accomplished in that hour of focused time than you would in four hours filled with distractions.

    Related: How Business Planning Leads to Better Management

    Also, tell your brain what you deem most important by prioritizing your to-do list. If you don't prioritize, your brain might go for what's easy, which may not be ideal.
  3. Speed it. Give your memory a break and speed up your thinking. Instead of trying to remember all that you have to do, write it down. By redirecting this energy you will have more to draw upon to be creative and productive. Thinking slows down when you overcrowd your brain with disparate things to recall.
  4. Rest it. We all know the virtues of a good night's sleep. But daytime rest is critical to fueling the brain as well. Taking regular quiet intervals to allow your PFC to do what it wants to in the first place -- wander and reflect -- helps to prime it for the more critical tasks of thinking and problem solving.

    Take a walk or distract yourself with something completely off subject throughout your day. Creating deliberate distractions will prepare you for bursts of brilliance.

    Related: Five Ways to Better Leadership
  5. Feed it. Your brain operates on glucose and oxygen. It eats up about 20 percent of your total body glucose. If you're a hard-charging person who skips meals, or eats foods that are high in fat, you're not giving your brain a chance to bring in the next really big idea.

    Try complex carbohydrates and sugars found in potatoes, brown rice, grains, fruit and vegetables. Feed your brain well and it will more than feed you.
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Scott Halford is an expert speaker and author of the bestselling book, Be a Shortcut: The Secret Fast Track to Business Success (Wiley and Sons 2009). He can be reached at www.completeintelligence.com.

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Comments:

I mus be an executive animal as i share both sets of traits.

very powerful and sensitive topic that i believe every entrepreneur needs to adopt to succeed.

Awesome, its helpful to think that 1% improvement can have exponential gain.

really helpful to focus on what matters! p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 13.0px Arial} www.alittletasteofmalaysia.com

some insight but i was expecting more concrete tips.

Fantastic ways to channel your inner millionaire .. in the process of channeling mine as I type..

Great article. It will help anybody fighting distractions

Great article. It will help anybody fighting distractions

I subscribe to the train of thought that "no information is bad information" and take it very seriously. Anyone that comes up and asks me about a new idea is something I keep in mind. Of course I won't find a goldmine from every person I meet but writing down some thoughts after coming across them helps too.

I agree especially with a couple of you points (well, I agree with all of them, but I'll just highlight a couple that really stand out to me!) Writing it down for me is critical. When things are "swirling around" in my head, there's no room for new thoughts to develop. Once I write down the existing thoughts that I'm having, two things generally happen.The first is that seeing it all in writing tends to connect the dots between different thoughts, and I can see the big picture in greater clarity. The second is that I am freed up from cycling the same thoughts through, again and again, and there's essentially "room" for new thoughts to develop. The other idea that you mentioned is taking a "rest break" for your brain. That's hard advice to take sometimes when you're focused so intently on solving a particular problem. We all know when we've hit the point at which we need a break from thinking about certain issues, but we can be stubborn in letting it go because we want to figure it out NOW. It truly is amazing sometimes how, as you mentioned, that burst of brilliance does come... after you've moved away from the issue and "allowed" your brain to take a break for a while. Lisa www.StartYourOwnSmallBiz.com

Don't forget to always keep a pen and notebook with you specially by your bed, usually the best ideas pop up before we sleep or even sometimes in dreams. One way to remember dreams is by staying in the same position when you wake up, give yourself a minute or two before moving, to recall whatever new ideas you might have.

Excellent post!!!

Definitely resting your brain is so important. I'm going to take your advice and go for a walk today.

I like what you suggested, epecially the part of purposely distracting your self by changing your environment.

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