Frank Yan of Sacramento on Achieving Happiness

For a start, Frank questions. It is really possible to divide every kind of happiness and suffering into two main categories: mental and physical? Of the two, it is the mind that exerts the greatest influence on most of us. Nevertheless, we are either gravely deprived or ill of basic necessities, that our physical condition plays a secondary role in our life. If the body is in the state of content, we virtually ignore it. The mind, however, registers every moments of an event, no matter how small or how bigl. Hence, we should all devote our most serious efforts to bringing about mental peace in Sacramento or anywhere we are.

From Frank’s own limited and gained experience, he has found that the greatest degree of inner tranquility comes from the development of love and compassion from within. The more and more we care for the happiness of others, the greater our own sense of well-being becomes. Cultivating a close, warm-hearted feeling for others automatically puts our mind at ease, as Frank Yan will say. This helps remove whatever fears or insecurities we may have and gives us the strength to cope with any obstacles we ever encounter. It is the ultimate source of success in life.


As long as we live in Sacramento or anywhere in this world we are bound to encounter problems. This is natural, problems will come and problems disappear. If, at any time we lose hope, become discouraged, we begin to diminish our ability to face our own difficulties we face. If, on the other hand, we remember that it is not just ourselves but every one who has to undergo the suffering, this more realistic perspective it will increase our determination and capacity to overcome the troubles. Indeed, with this attitude, each and every new obstacle can be seen as yet another valuable opportunity to improve our minds.


Thus we can strive gradually to become more compassionate, that is we can develop both genuine sympathy for others suffering and this will to help remove their pain. As a result, our own serenity and inner strength will increase. Frank Yan sees happiness wherever he is. Whether in his home in Sacramento or deep far beyond across globe.

Frank Yan of Sacramento on Debt Relief Options

Frank Yan of Sacramento posts a related article: The Top 10 Debt Mistakes You Don't Want to Make

Frank Yan has consulted many home buyers with debt in Sacramento and says that if you have a significant amount of credit card or unsecured debt it's often hard to get clear, accurate information about your options. Consumers will find that there isn't a "perfect option", but there will definitely be a "best option" for debt relief. It's important that you take the time to understand the benefits and risks of any debt relief plan before committing.

Here is a summary that Frank Yan put together of available debt relief options based on $30K of credit card debt:

1.Minimum Payments.


The banks prefer you pay only minimum payments. Why? You make them incredibly rich by doing so. This may be the single most harmful financial mistake you can make.

Pros: None
Cons: You'll end up paying 400-1,000 cents on the dollar for your purchases over 20-30 years.


BE CAREFUL: Money spent towards servicing debt for 20-30 years is MUCH better spent building savings, paying down a mortgage, or funding investments and retirement - ask any financial planer.

Success Rate: 0% (even paying your credit cards off with minimum payments isn't a success)

Approx. Payoff: Monthly payment of $480: 24 years (288 months). $139,461.

2. Accelerate Payoff with extra principal.

You can pay extra money towards principal every month to pay down your creditors faster.



Pros: Will reduce your total payoff and the time it takes to get out of debt.
Cons: Not many people have extra money these days. You also can't control what the creditors do with your interest rates or if they apply the money correctly to principal.


BE CAREFUL: This will take the discipline of paying extra every month as long as it takes, which is hard to do. Think of it this way: we all know we're supposed to go to the gym and work out more, and may even start off good, but do we keep going every month? Knowing what's good for you and doing it are two different things.

Success Rate: 7%
Approx. Payoff: Monthly Payment of $680: 9 years (108 months). $63,094.

3. Payment Plan.


If you are having financial trouble or miss payments you may be able to negotiate a payment plan with your creditors for 100 cents on the dollar.


Pros: Payoff for less than minimum payments.
Cons: You won't be able to use your card anymore. Negative impact to credit score. You will have to negotiate this with the bank and they may not approve it.

BE CAREFUL: If you miss even one payment on this plan all of your back interest and late fees may be added in with interest rates as high as 30%

Success Rate: 29%
Approx Payoff: Monthly Payment of $480: 5.5 years (66 months). $30,000.

BE CAREFUL: There is no huge financial benefit to CCCS that cannot be achieved more efficiently through a repayment plan or debt settlement.

Success Rate: 21%

Approx. Payoff: Monthly Payment of $700: 5-7 years (60-84 months). $51,300.

5. Debt Settlement.


Debt settlement is a legal negotiation where your creditors will take less than what is owed, usually around 30-50%.


Pros: Debt free in18-30 months for the same monthly payment. Most efficient way to pay off your creditors. Voluntary negotiation for your creditors. Recapture monthly payment that can be used for savings, investments, retirement.
Cons: Risk of creditor lawsuits. Settlement negotiations may be higher or lower and can not be guaranteed. Must miss payments resulting in temporary damage to credit score.

BE CAREFUL: Trying it yourself is seldom successful and could land you in court if you are sued. Do not hire a debt settlement company because they charge high fees and set you up to fail. Only hire an attorney who specializes in debt settlement and keep your plan within 2 years or less for best success.

Success Rate: 20-40% if attempted by consumer, 75-99%* if done by qualified attorney
Approx. Payoff:Monthly payment of $480: 1 -2 years (12 to 24 months). $10,000 - $14,000

6. Bankruptcy.


Bankruptcy offers legal protection from your creditors.

Pros: BK gives a fresh start for those who are financially destitute or overwhelmed with debt.
Cons: Complete default for your creditors. WORST thing for your creditors. Hard to get new loans. Can only file once every 6 years.

BE CAREFUL: Chapter 7 bankruptcy wipes out your debt. A Chapter 13 is a repayment plan and may be better accomplished with a debt settlement.

Success Rate: 100% if you qualify
Approx. Payoff:Costs for bankruptcy range from $2,000 - $3,000.

Frank Yan of ALLDATA on Sharing Your Goals of Success

This early morning at the ALLDATA office located near Sacramento, Frank Yan had the great experience of sharing a sales success story. Frank loves the opportunity to share with his group because not only do they help him get be a better salesman, but Frank can hopefully help the other members get better at selling as well.

Frank’s topic today was sharing your goals for you success. This is some thing that Frank has often thought about, some times talked about with other sales people. Frank started out by quoting “I float like a butterfly and sting like a bee, Joe Frazier will go down in 3”, From the greatest heavyweight boxer of all time, Muhammed Ali. Frank asked why would the heavyweight, Ali would make this bold comment. One of Frank’s peers answered, to get inside Frazier’s head. Frank agreed that this was one reason, but also included that there was a more important reason. No one answered so Frank mentioned, “It forced Ali to perform at a level that was necessary to fulfill his goal by knocking Frazier out in 3 rounds”

Lets just say that what if Ali did not make his goal of knocking out Frazier in the 3rd round. And in the 2nd round the unexpected happens, Frazier throws a powerful right at Ali and stuns him. Now all of a sudden in Ali’s head his saying “Float like a butterfly and sting like a bee, Joe Frazier will go down in 3″ changes to, “Float like a butterfly sting like a bee, I really for sure hop Frazier goes down in 3” Now here is a huge difference between these 2 quotes. The 1st quote is a statement of a goal, the 2nd quote is a wish.

So Frank Yan asked his ALLDATA team if any of they had any goals, and majority of them said they did. Frank then asked if any if them had their goals recorded or written down, and again the majority of them said yes. Then Frank asked the team if they had there goals with them, NO ONE did. Frank then proceeded to ask if any of them have shared them, and again NO ONE did. This was a perfectly normal. Most business professionals will have there goals and the majority of them will have them written down. However, very little people will ever have their goals with them at all. This here is an extremely important step in helping to keep your goals.

Frank Yan says the having your goals with you will work as a reminder to you that first you have these goals and what these goals are. Another question is, how many people have shared their goals as the finishing touch to achieving there goals at ALLDATA.

A statement that Frank made during was, since ALLDATA is a software company that cloud computing is a very interesting technology, however cloud goal setting there could be a disadvantage. Goals that are sent in the clouds are not shared or written down. They are nothing but dreams. The problem with dreams is that we can always change them on a whim. The smallest obstacle, slightest setback, the most modest problem will always have us switching our goals and the goals, such as targets, that can be hard to hit when they keep changing.

Frank ended by telling his team what the ingredients of a attainable goals are:

1) Goals must be very specific.
2) Goals must and should be realistic as well as attainable.
3) Goals must and always should be written down.
4) Goals must have a time frame.
5) Goals must and should be shared with the people who will hold you accountable.

Of all the sales people in Sacramento that Frank knows, he has yet to find any successful salesmen without any goals that were set using the 5 steps above.

Frank is confident that you use the by 5 steps above and believe in your goals, this will help make you become more successful in your sales.

Frank Yan of Sacramento posts Confidence, Excellence & Independence: Business Lessons From 4 Great Leaders

 Frank Yan of Sacramento posts an article from: entreperneur.com

Great leaders often have great lessons to share. Their stories remind us -- in business especially -- that failure is not avoidable and that success in any endeavor is a choice. While we cannot control all our circumstances, what we can control is our response. And that's what makes a leader great: his or her decision to take responsibility in the midst of chaos.

The following quotes are from four of the most influential people from the past and present. Below each quote is my feedback on how I've learned from these quotes in my own business, and how they can help you with yours.

1. Be confident in who you are.
"If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience and ability."
- Henry Ford, founder of the Ford Motor Company

It can be easy to look at a successful entrepreneur and think to yourself, "I bet things come easy to them" or "They were just lucky." But after spending time with successful men and women I've learned that many of them were once broke, bankrupt and on the edge at one point in their life -- myself included.

What separates these people is their decision to not allow their financial situations to dictate their emotions, define their worth or give them a sense of superiority over others. These people know that money can be easily lost and easily made. The only thing that really matters is learning how to create and offer value.

Once you learn how to create value in your market, you can shift your feelings of security from what you have to who you are.

2. Think independently.
"If you want to succeed you should strike out on new paths, rather than travel worn paths of accepted success."
- John D. Rockefeller, founder of Standard Oil Company

Read that quote again. It's the secret behind the biggest breakthroughs in innovation.

Innovation is not achieved by imitating the success of others. It's achieved by great leaders who choose to risk failure and ridicule in order to create something completely new.

The biggest turning point in my life happened when I declined the security of a 9 to 5 job and decided to build a digital business on the simple principal of adding value to the lives of others. I was scared, broke and alone, but the opportunity I saw drove me to push through all that.

Creating value is the driving force behind everything I do.

3. Know when to move on.
"Part of being a winner is knowing when enough is enough. Sometimes you have to give up the fight and walk away, and move on to something that's more productive."
- Donald Trump, entrepreneur, television personality and author.

As entrepreneurs we've learned to fight for what we want, and hate losing. But not every fight is worth your time. The trick is to always remember the big picture and to not allow your ego to get in the way of being
productive.

I've learned that there's a big difference between perseverance and stubbornness. Stubbornness involves me forcing things to work, while perseverance requires me to work consistently with what's already working. Some of the best decisions I've made involved saying no to a potential partnership or pulling the plug on a product that wasn't working.

4. Pursue excellence, not fame.
"Having success for a year or two, that's called being hot. Being in demand. Excellence is being able to perform at a high level for a long period of time."
- Jay Z, music artist and entrepreneur

I know a number of people who have experienced overnight success with a product or startup, but allowed their success to fool them into thinking they were special. They neglected the critical business feedback they received from their partners and clients.

Once an entrepreneur stops growing, learning and being open to feedback, it can spell the end of his or her business.

Unfortunately, some entrepreneurs need to "lose it all" before they learn this lesson. My recent podcast with entrepreneur, hedge fund manager and author James Altucher illustrates this point.
So make it a point to pursue excellence, not fame. Excellence is who you are. Fame is who you once were.

Frank Yan is entreperneur in Sacramento and devloped a Holding Company (Tribecca Holdings LLC), a Real Estate and Property Management Company that buys and sells distressed properties. Member of Leveraged Capital Partners LLC, a Real Estate Hedge Fund in Sacramento.

Frank Yan of Sacramento Sharing Your Successes and Goals

This early morning at the ALLDATA office located near Sacramento, Frank Yan had the great experience of sharing a sales success story. Frank loves the opportunity to share with his group because not only do they help him get be a better salesman, but Frank can hopefully help the other members get better at selling as well.

Frank’s topic today was sharing your goals for you success. This is some thing that Frank has often thought about, some times talked about with other sales people. Frank started out by quoting “I float like a butterfly and sting like a bee, Joe Frazier will go down in 3”, From the greatest heavyweight boxer of all time, Muhammed Ali. Frank asked why would the heavyweight, Ali would make this bold comment. One of Frank’s peers answered, to get inside Frazier’s head. Frank agreed that this was one reason, but also included that there was a more important reason. No one answered so Frank mentioned, “It forced Ali to perform at a level that was necessary to fulfill his goal by knocking Frazier out in 3 rounds”

Lets just say that what if Ali did not make his goal of knocking out Frazier in the 3rd round. And in the 2nd round the unexpected happens, Frazier throws a powerful right at Ali and stuns him. Now all of a sudden in Ali’s head his saying “Float like a butterfly and sting like a bee, Joe Frazier will go down in 3″ changes to, “Float like a butterfly sting like a bee, I really for sure hop Frazier goes down in 3” Now here is a huge difference between these 2 quotes. The 1st quote is a statement of a goal, the 2nd quote is a wish.

So Frank Yan asked his ALLDATA team if any of they had any goals, and majority of them said they did. Frank then asked if any if them had their goals recorded or written down, and again the majority of them said yes. Then Frank asked the team if they had there goals with them, NO ONE did. Frank then proceeded to ask if any of them have shared them, and again NO ONE did. This was a perfectly normal. Most business professionals will have there goals and the majority of them will have them written down. However, very little people will ever have their goals with them at all. This here is an extremely important step in helping to keep your goals.

Frank Yan says the having your goals with you will work as a reminder to you that first you have these goals and what these goals are. Another question is, how many people have shared their goals as the finishing touch to achieving there goals at ALLDATA.

A statement that Frank made during was, since ALLDATA is a software company that cloud computing is a very interesting technology, however cloud goal setting there could be a disadvantage. Goals that are sent in the clouds are not shared or written down. They are nothing but dreams. The problem with dreams is that we can always change them on a whim. The smallest obstacle, slightest setback, the most modest problem will always have us switching our goals and the goals, such as targets, that can be hard to hit when they keep changing.

Frank ended by telling his team what the ingredients of a attainable goals are:

1) Goals must be very specific.
2) Goals must and should be realistic as well as attainable.
3) Goals must and always should be written down.
4) Goals must have a time frame.
5) Goals must and should be shared with the people who will hold you accountable.

Of all the sales people in Sacramento that Frank knows, he has yet to find any successful salesmen without any goals that were set using the 5 steps above.

Frank is confident that you use the by 5 steps above and believe in your goals, this will help make you become more successful in your sales.

Frank Yan of Sacramento on Growing During the Down Times

Frank Yan of Sacramento wonders, how the heck can a person grow during the low points in his/her life? How can we really take our fall backs and be able to turn them into some thing good? What are the solutions that we can we learn from our perceived failures? If there is anything that Frank has learned in all his years, it is how to use his lowest points as well as his darkest hours in life to learn a lessons and create a successes.



So, how can we change our thinking and learn how to grow during our downtimes?


Frank Yan has put together three things we must remember.


1. Failure Is Just An Illusion

Failure should not be a word that we want to hear. Frank really dislikes to hear and use that specific word at all. The connotation is very negative and repulsive. Frank will say that failure is nothing but a lesson thy we all face. Donald Trump, and many other high achievers in this world, will tell you they are most successful because they failed more than anyone else.


We must recognize that our failures are our best teachers. We must realize that our failed plans were never truly a failure in the sense of the word because we keep pushing for something better. And that we always keep getting up. Our minds revolved around explicit goals and our passion for success will be greater than the reminiscence of an unfulfilled dream.


This is why exactly why the word failure is just an illusion. If we choose to examine our setbacks as lessons, as outright positive criticism on how to excel and improve ourselves, we’ll never get to experience true failure. It is impossible. We will in turn grow because our eyes are set on what is in front of us such as goals, desires, and passions. As opposed to the setbacks we leave behind.


During these downtimes, we may feel like a complete failure or maybe we are experiencing what we perceive to be the failure itself. But lets remember, it is all an illusion. It is only masking a valuable lesson to be learned. Frank Yan say that we should embrace our experiences and grow from them.


In order to practice our perceived failures as life lessons learned, we should ask ourselves these 2 questions. What can I learn from this? How can I make it better? Frank Yan believes the answers are always going to be there. Nevertheless, we may have to ponder some questions longer than others.


2. Obstacles Are Going To Be Present For A Valid Reason

We have all wondered at one point and asked ourselves, why everyone isn’t rich and famous? Or ever think about why there are only a select few of professional athletes? Or ever wonder why some people get so more accomplished while others seem to mire in mediocrity?


The reason is: Obstacles.

Everyone that Frank knows in his Sacramento home town has experienced obstacles in some form or manner. It is simply a part of life. It is another reason why only a handful of people ever seem accomplish anything worthwhile. To those that are professional athletes requires a lot of, practice, dedication, and the right guidance of a good coach. Granted, we need some sort of talents, but talent an be very overrated. Practice makes perfect and the persistence goes much further than talent ever will.


The majority of times, there are certain obstacles can be thought of as the lowest of the lows. One of Frank’s closest friends graduated from Sacramento with his Masters and he has been submitted multiple resumes out to
companies while pounding the pavement searching for work. After interning for many hours and working small odd jobs for months, he has not landed anything solid.


To this very day, this is one of the biggest obstacles he has ever faced. However, Frank’s friend kept on kept pursuing, kept on pushing, and doing what he thought was best. Just when he imagined it was finally time to resign his internship, he talked with the manger and then landed the position. Right as he started to entertain the thought of possibly leaving, his diligence sure paid off.


Just remember, the obstacles you face in life are there for a reason. They are there to make you appreciate your accomplishments you have finished and they eliminate the competition. It would be very dull life if every thing worth having was easily to obtain. You have to look at obstacles as blessings in disguise.


3. You Are So Far More Than Enough

Thats right,you. You are so far more than enough. You do not need that much, if any thing at all. All that you need is you and believe in yourself. You should learn to use your down falls and set backs as the opportunities to reach new heights and to grow forward. Remember failures are only real when you allow it to defeat you. It only exists when you allow yourself to give up.


Broken barriers in your way are what make the journey so exciting. Challenging yourself through obstacles and watching yourself progress is what makes life worth living. You are capable of turning your lowest points of lows into memorable experiences of your life.


Frank Yan had experienced many downfalls in his life in his Sacramento town. He has learned from many of them and used each one of those failures into lessons for future success.

Frank Yan of Sacramento on Reason of How Failure Can Be a Good Thing

Frank Yan in Sacramento asks, those of his peers on how many of the goals and dreams and have they had put off because they were afraid of failing? How many times have they all looked back on their life’s, thought of the multiple mistakes they’ve made, and kicked themselves in the rear over them? There are so many people in Sacramento that allowed failure to hold them back, while in reality these failures can be a good thing according to Frank Yan.



Failure can create new learning experiences:



When ever we fail at something it will touch you deeply in an emotional way. Although it can feel negative at the time, it will teach us very important lessons. We can learn what does not work, which can really get us closer to the success we are seeking. Since it is very upsetting to fail, we have to try harder the next time.


Failure will push us to a whole new level:



Even if we try and we fail, we will not be the person we were before we started the journey. We would had pushed ourselves to a whole new level, transferred out side of our comfort zone, that will be much wiser for having attempted that task. If we continuously to avoid pursuing dreams and goal for fear of failure we will never know what we can ever do. Trying and failing is better than not having tried at all.


Failure will strengthen us:

Right after we have failure we might feel humiliated, weak, knocked down, hurt, or straight plain out frustrated. But something awesome will happen once the sting wears off, we actually will become stronger in mind and spirit. Even with every single effort put forth we grow stronger in character and will increase out odds of achieving the success we are seeking. Since the majority of people want to avoid the pain of failure, it can and will lead to greater focus and the desire to succeed moving forward.


Failure will make us braver:



Whenever we would put our efforts into trying some thing and we fail, we will build the courage and bravery to try it again. It is usually the fear of the unknown that actually holds people back, but once we have made it through the failures, taken a lost and risk, it will not feel as scary the next time we try it again. Frank Yan says that bravery never comes from winning, but from the pursuit of goals, whether if we succeed or not. By taking more and more chances we will build the courage to keep trying until we meet with the success we are looking for.


Failure brings us answers:


Never trying anything at all will leave us wondering. Could we have ever made it? Would we had actually met with success we seek? We typically beat ourselves up over many missed chances and what the future may have been like if only we had tried. By taking risks, even if we fail, at least we will have the answers and closure to our journey. We will know what works and what will never will and what we should do different the next time.


Failure will open new doors for us:


The saying goes “that everything happens for a reason, and failure is no exception”. Maybe we have interviewed for a job and did not get it at all, and yet another one comes through that will compensate more and offers more room for opportunities and growth within. Maybe someone we have been dating and all of a sudden breaks things off, and we meet someone 100x times more wonderful. Frank Yan says that failure should never be the end of the road, but only the beginning of something potentially better.


We should not view failure as bad luck, instead we should look at each and every attempt to reach our goals as a unique triumph. There is always something to learn, ways to grow, different view points to see, and new opportunities
waiting for us around the corner.


Frank Yan has learned from is failures in his sales career in in Sacramento and perfected his talents and negotiations throughout the US and in Canada.