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This is How a Woman Became a Billionaire and Changed the World

This is How a Woman Became a Billionaire and Changed the World

Elizabeth Holmes may not be a household name yet, but it is soon to be if her vision pans out. At 19 years old, Holmes dropped out of Stanford in the hopes of revolutionizing the blood testing industry. And her vision is finally becoming a reality 11 years later, as Theranos blood tests are becoming available at select Walgreens locations. Of course this is just a start. The hope is to have Holmes’s labs in hospitals, army bases, and “within one mile of every city dweller”according to (www.fortune.com).

So what exactly is this revolutionizing technology? Holmes keeps the actual technology quite secretive but claims they use “the same fundamental chemical methods” as existing labs. Currently, 10 ml vials of blood must be painfully drawn to run blood tests, but with Theranos, one painless finger prick can deliver up to 70 blood tests. Theranos is hoping to make blood testing convenient and painless, so people can detect and treat illness as early as possible. Not only is Holmes making blood tests painless, she is also making the results transparent by giving people access to their own blood test information.

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Theranos technology can save innumerable lives by enabling early detection of certain diseases and by giving people constant access to what is happening inside their bodies. The hope is to have people tracking blood information the same way they track weight, daily steps, heart rate, and sleeping patterns. Anomalies and testing errors will also become easier to detect with more data points making the information even more valuable.

Curious about how you can apply the philosophy of Ms. Holmes to your life?

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1. She makes short term sacrifices for long term gains

An important part of Holmes’s success is that she was able to make short term sacrifices for long term success. Rather than hastily raise money with investors who were eager for quick returns, she patiently waited to attract investors who understood her mission and long term goals. In addition, she was able to retain 50% of Theranos, now valued at over 9 billion dollars, placing her at 110 on the Forbes 400 list. Unlike many entrepreneurs in Silicon Valley, she isn’t eager to find an exit strategy. Rather, she is eager to continue revolutionizing the diagnostic lab business so that soon everybody can have access to potentially life saving information. This idea seems obvious, but in the moment most people opt for a quick return. Waiting for a reward is difficult, especially when it isn’t guaranteed. But if you can continuously remind yourself of the greater payoff associated with achieving your goals, you’ll be more likely to persevere.

2. She found work that motivated her internally

Although she is the youngest self-made female billionaire, her motivation stems from her desire to profoundly impact humanity not to make money. She believes in using business as “a tool for making change in the world.” This has been said too many times to be meaningful but it is true. The most successful people are motivated by more than solely money. While you may not be able to find meaning in making 1000 copies of a document or entering data, try to understand a way your work contributes to a greater picture.

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3. She automates trivial matters to focus her mental energy on work

Ms. Holmes is a great admirer of Steve Jobs and is known to dress in a black turtleneck each day similar to him. Jobs was known for his black turtleneck look and claimed he liked the “daily convenience and signature style” it offered. While Holmes did not state her reason for dressing the same way each day, other magnates including Mark Zuckerberg also have a signature style partly to reduce the number of unnecessary daily decisions. The idea is the less mental energy you exert towards unnecessary tasks, the more you have to focus on important work.

4. She goes substance free (…. yes this includes caffeine and alcohol)

As noted in Fortune, Holmes seems to follow an ascetic lifestyle. Holmes works 16 hour days, seven days a week, and fuels herself with green juices rather than coffee. She abstains from animal products, caffeine, and even alcohol – a rarity in today’s society. While the majority of Americans wouldn’t consider working before their cup of coffee, perhaps it is worth trying to go a month substance free even if it’s just to prove you can. You may surprise yourself with greater mental clarity by the end.

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Featured photo credit: Forbes via forbes.com

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Last Updated on December 7, 2018

10 Steps For Success: Applying The Power Of Your Subconscious Mind

10 Steps For Success: Applying The Power Of Your Subconscious Mind

How big is the gap between you and your success?

What is the difference between successful people and unsuccessful people?

It is as simple as this: successful people think and talk about what they are creating, and unsuccessful people focus on and talk about what they’re lacking.

So how do you bridge that gap between wanting success and having your success? Let’s make an important distinction. You see, there is a big difference between “Wanting” and “Having” something.

Wanting: means lacking or absent. Deficient in some part, thing or aspect.

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Having: means to possess, to hold, to get, to receive, to experience.

You can have one OR the other, but not both at the same time with any particular object of your desire. You either have it or you don’t.

When it comes to your subconscious, if you’re focusing on the “wanting”, i.e. the not having, guess what, you will build stronger neural networks in your brain around the “wanting.” However, through the power of your subconscious mind, you can focus on the “having” as if it has already happened. Research has shown that your brain doesn’t know the difference between what you’re visualizing inside your mind versus what is happening out there in your reality.

This is a regular practice of elite athletes. They spend as much timing creating the internal mental imagery of their success playing out as they do actually physically practicing. This helps create both the neural pathways in their brain and the muscle memory to consistently deliver on that success.

Here are 10 “brain hack” steps for success that you can take to create your version of a happy life. Make these steps a regular habit, and you will be astonished at the results.

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Step 1: Decide exactly what you want to create and have

This is usually the biggest problem that people have. They don’t know what they want and then they’re surprised when they don’t get it.

Step 2: Write down your goal clearly in every technicolor detail

A goal that is not written down is merely a wish. When you write it down in full detail, you signal to your subconscious mind that you really want to accomplish this particular goal.

Step 3: Write your goal in simple, present tense words

…that a three year old can understand on a three-by-five index card and carry it with you. Read it each morning after you awake and just before you go to sleep.

Step 4: Backwards planning

See your goal achieved and identify all the steps required that it took to bring it to life. Making a list of all these steps intensifies your desire and deepens your belief that the attainment of the goal is already happening.

Step 5: Resolve to take at least one step every day from one of the items on your list

Do something every day, even if it is just one baby step, that moves you toward your goal so you can maintain your momentum.

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Step 6: Visualize your goal repeatedly

See it in your mind’s eye as though it were already a reality. The more clear and vivid your mental picture of your goal, the faster it will come into your life.

Step 7: Feel the feeling of success as if your goal were realized at this very moment

Feel the emotion of happiness, satisfaction, and pleasure that you would have once you have achieved your goal. Visualize and feel this success for at least 20 seconds at a time.

Step 8: “Fake it till you make it!”

Confidently behave as if your subconscious mind was already bringing your goal into reality. Accept that you are moving toward your goal and it is moving toward you.

Step 9: Relax your mind

Take time to breathe, pray or mediate each day. Disengage the stress response and engage the relaxation response. A quiet state of mind allows your brain to access newly formed neural pathways.

Step 10: Release your goal to your subconscious mind

When you turn your goal over to the power of the universe and just get out of the way, you will always know the right actions to take at the right time.

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Starting today, try tapping into the incredible power of your subconscious mind.Start with just one goal or idea, and practice it continually until you succeed in achieving that goal. Make it a game and have fun with it! The more lightly you hold it, the easier it will be to achieve. By doing so, you will move from the “positive thinking” of the hopeful person to the “positive knowing” of the totally successful person.

Hit reply and let me know what you’re creating!

To your success!

Featured photo credit: use-your-brain-markgraf via mrg.bz

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