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06 октября, 17:45

In formation

The A380 rarely flies economy TEN years ago this September Airbus’s first A380 superjumbo, laden with passengers, took to the skies over Toulouse. Airbus’s bosses hoped that the world’s largest jetliner, the first with two full decks, would help the European planemaker get even with its American rival, Boeing. But problems quickly mounted. In October 2006 Airbus revealed the third delay to the A380 programme. Development costs spiralled out of control, to $15 billion; three chief executives lost their jobs in succession that year. The trauma prompted a sweeping modernisation effort that went further on September 30th with a restructuring announcement by Tom Enders, Airbus Group’s chief executive. The company began as a jumble of the national aerospace firms of France, Germany, Britain and Spain, jointly known as EADS, in 1967. Mr Enders has laboured, with much success, to reduce state influence on the group and to create a profit-driven firm like any other. But the roots of the past run deep. Airbus Group sits at the top of three divisions—jetliners, defence and space, and helicopters. The jetliner division, for example,...

21 сентября, 17:59

Friday: Tune In To The Live Webcast of the Freedman's Bank Forum

  ​On Friday, September 23, 2016, the U.S. Treasury Department will host the Freedman's Bank Forum to explore ways to build an economy that works for all Americans. The Forum will be webcast live on the Treasury’s website, and we invite you join us.  This Forum will bring together public, private, and nonprofit leaders to discuss strategies to improve jobs, economic opportunity, financial inclusion, and shared prosperity for all communities. The speakers and panelists will cover recent progress and new opportunities for the Obama Administration and private, non-profit, and local government sectors in fostering broad-based economic growth. They will also consider what more can be done on a variety of fronts to address economic disparities.  This Forum's name is a tribute to the Freedman's Savings and Trust Company, which was created to provide economic opportunity for newly emancipated African-Americans more than 150 years ago, and which was commemorated by the Treasury Department earlier this year. The Freedman’s Bank Forum aligns with the historical significance of the bank and its original mission – to promote economic integration and financial inclusion. Additionally, the Forum coincides with a series of events throughout the Nation’s Capital that will mark the opening of the National Museum of African American History and Culture.  A live webcast will be available here from 9:00 am – 12:30 pm EDT, on Friday, September 23, 2016.   Freedman’s Bank Forum Agenda 9:00 a.m. – 9:20 a.m.                 In Conversation with Secretary Jacob J. Lew moderated by Sharon Epperson, Senior Personal Finance Correspondent, CNBC 9:20 a.m. – 9:30 a.m.                 Roger W. Ferguson, Jr., President and CEO, TIAA 9:30 a.m. – 10:30 a.m.               Panel 1: Building Jobs and Opportunity for Communities of Color Moderator: Deputy Secretary Raskin Panelists: ·         Curley M. Dossman, Jr., Chairman of the Board, 100 Black Men of America, Inc. ·         John W. Rogers, Jr., Chairman, CEO, & Chief Investment Officer, Ariel Investments ·         Raj Chetty, Professor of Economics, Stanford 10:30 a.m. – 10:50 a.m.             Break 10:50 a.m. – 11:50 p.m.             Panel 2: Financial Inclusion and Shared Prosperity Moderator: Derek T. Dingle, Senior Vice President & Chief Content Officer, Black Enterprise                                                 Panelists: ·         John Hope Bryant, Founder, Chairman, and CEO, Operation HOPE ·         The Honorable Kasim Reed, Mayor of Atlanta Georgia ·         Kim Saunders, Founder, President and CEO, Eads Group; Board Member, National Bankers Association 11:50 p.m. – 12:00 p.m.             The Honorable Andrew J. Young, Chair, Andrew J. Young Foundation Dan Cruz is a spokesperson at the US Department of Treasury.

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31 августа, 13:50

Группа ВТБ закрыла сделку по продаже Vivacom

Успешно закрыта сделка по продаже 100% акций InterV люксембургской холдинговой компании Bulgarian Telecommunications Company EAD (BTC), осуществляющей деятельность под брендом Vivacom. Компания была приобретена консорциумом Viva Telecom, в составе Спаса Русева, миноритарных акционеров и ВТБ. Как говорится в сообщении ВТБ, акции InterV были залогом по кредиту объемом 150 млн евро со сроком погашения в мае 2015 года, который был выдан прежним владельцам BTC, и были реализованы вследствие дефолта по данному займу. Продажа акций InterV была осуществлена в рамках открытого аукциона на конкурсной основе, в котором принял участие ряд международных институциональных инвесторов. 20 ноября 2015 Viva Telecom был объявлен победителем аукциона, организованного компанией E Y в Лондоне. Окончательная стоимость заявки составила 330 млн евро, что значительно превысило стартовую цену в 180 млн евро. После закрытия сделки принадлежащая банку дочерняя компания стала владельцем 20% минус одна акция в консорциуме. Группа ВТБ выдала консорциуму Viva Telecom кредит в объеме 240 млн евро для частичного финансирования сделки. Vivacom является перспективным активом, и сложившаяся структура акционеров позволит новым владельцам компании и дальше повышать операционную эффективность, удерживая лидирующие позиции на болгарском рынке.

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31 августа, 13:35

Группа ВТБ закрыла сделку по продаже болгарской Vivacom, войдя в консорциум покупателей

Группа ВТБ во вторник, 30 августа, закрыла сделку по продаже 100% акций InterV — люксембургской холдинговой компании Bulgarian Telecommunications Company EAD (Болгарская телекоммуникационная компания, BTC в латинской аббревиатуре). Об этом российский банк сообщил в релизе, распространенном в среду.

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31 августа, 13:05

ВТБ закрыл сделку по продаже Vivacom

ВТБ 30 августа 2016 года закрыл сделку по продаже 100% акций InterV люксембургской холдинговой компании Bulgarian Telecommunications Company EAD (BTC). Об этом говорится в сообщении группы. Компания была приобретена консорциумом Viva Telecom, в составе Спаса Руссева, миноритарных акционеров и ВТБ. Акции InterV были залогом по кредиту объемом 150 млн евро со сроком погашения в мае 2015 года, который был выдан прежним владельцам BTC, и были реализованы вследствие дефолта по данному займу. Продажа акций InterV была осуществлена в рамках открытого аукциона на конкурсной основе, в котором принял участие ряд международных институциональных инвесторов. 20 ноября 2015 Viva Telecom был объявлен победителем аукциона, организованного компанией E&Y в Лондоне. Окончательная стоимость заявки составила 330 млн евро, что значительно превысило стартовую цену в 180 млн евро. После закры

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05 июля, 10:11

НБУ ограничивает возможности банков по кредитованию финансово несостоятельных предприятий

Национальный банк Украины (НБУ) ограничивает возможности банков по кредитованию финансово несостоятельных предприятий и покупке ценных бумаг некачественных эмитентов.

09 июня, 15:08

When Winning Isn't Much Better Than Losing

The Boeing company's KC-46A Pegagus program for the U.S. Air Force has had a very troubled history. The KC-46A is a military version of the Boeing 767 commercial jetliner, which is converted into a airborne refueling vehicle for military aircraft. In theory, the tanker should represent a very cost effective solution for the U.S. A‏ir Force to be able to extend the range of its aircraft to reach any corner of the world to carry out their missions. In practice, turning a Boeing 767 into an aerial refueling tanker has proved to be problematic. Not necessarily because of technical challenges, so much as because of the company's poor business decisions. Although the aircraft was conceived in the early 2000s to meet the Air Force's need for a new, more capable aerial refueling vehicle to replace its aging KC-135 and KC-10 tankers, also manufactured by Boeing (and in the KC-10's case, McDonnell Douglas, which merged with Boeing in 1996), the development of the aircraft was delayed for a decade because of a hiring scandal that led the company to fire its CEO and CFO in December 2003. It wasn't until February 2011 that the U.S. Air Force finally awarded a $4.9 billion fixed-price contract to build 150 KC-46A tankers to Boeing, which would be the initial step toward replacing all 400+ aircraft in the Air Force's refueling fleet. But to win the lucrative contract, Boeing aggressively underbid its main competitor, EADS North America, even though the terms of the fixed price contract would place it at risk of business losses if the company's costs to produce the aircraft escalated by more than planned, unlike the cost-plus contracts that are more typical in military programs. What’s unusual about the tanker program is that Boeing signed up for a fixed-price development contract despite all the uncertainties surrounding such efforts. That decision was dictated in part by a desire to deny arch-rival Airbus access to the U.S. military-aircraft market, and in part by a recognition that the tanker program could become one of the biggest projects in the company’s history. In other words, a franchise worth losing some money on in the near term to secure for the next 50 years. The problem for Boeing is that its costs to produce the KC-46A tanker began going up almost immediately after it was awarded the Air Force contract in 2011. Boeing is projected to exceed its cost ceiling by as much as $300 million — about 6 percent — on the initial contract to develop and build Air Force aerial-refueling tankers, according to government officials. The jet maker will have to absorb the extra costs. Boeing's projected costs to manufacture the KC-46 continued to rise in 2011, reaching a critical point in December 2011 after it reached a 4-year agreement with its biggest union in Washington state, some 10 months earlier than planned. The union pushed to nail down a contract early to ensure that Washington keeps final assembly of the modernized 737, the MAX. Earlier this year McNerney had signaled it could go elsewhere. Many in the aerospace industry couldn’t see a business case for Boeing to put the MAX anywhere but Renton. But the union — stunned by Boeing’s choice in 2009 of South Carolina for its second 787 Dreamliner assembly line — couldn’t take that for granted. In committing to produce the 737 MAX commercial airliner in the Puget Sound, the contract ensured that Boeing would have higher labor costs, which would pinch the company's bottom line. For the KC-46A program, the combination of the company's underbidding to win the contract to build the aerial refueling tanker with the program's escalating costs and now the guarantee of higher labor costs meant that something had to give to keep the tanker program in the black. So Boeing chose to shutter its plant in Wichita, Kansas, where it planned to perform the conversion of its 767 commercial airframe into the KC-46A refueling tanker and also where it had been performing maintenance on the Air Force's KC-135 tankers, even though the state's politicians had consistently gone to bat for the program over its history. Their steady support however was no match for the company's pinched margins. Although this story fits all too easily into the narrative that Boeing is a heartless industrial behemoth driven solely by profits — the Bain & Company of the aircraft business — the truth is a bit more complex. It doesn’t make sense for a big defense contractor to alienate its political base unless there are vital concerns at stake, and the reality is that the Wichita plant’s revenue stream has been slowly drying up for some time. With key programs coming to an end, the tanker effort would have had to carry much of the under-utilized facility’s overhead, making it unnecessarily expensive. It’s not that Boeing is trying to escape organized labor. Its Seattle-area workforce is famously militant. But the company has to find efficiencies everywhere it can to make a profit on the tanker program, and therein lies an overlooked fact about Pentagon purchasing practices. The acquisition strategy that the Obama Administration put together to finally break the impasse over purchase of a new tanker was what people in the defense business call a “price shootout.” In other words, price was the key determinant of who won, because both bidders met all the other criteria for selection. Unfortunately for Boeing and the workers of Kansas, the other bidder was Airbus, a European company that the World Trade Organization has found to be chronically in violation of treaties regarding export subsidies. Subsidies were the main reason why the European company thought it could beat Boeing in its home market to win the tanker program. And they were the reason why Boeing management was convinced it had to bid very aggressively if it was to have any hope of besting its rival. Senior executives were so nervous about the bid that they discussed it with Boeing’s board of directors before going forward. The bottom line is that Boeing assumed considerable risk to secure the tanker contract and keep Airbus out of its home market. Pentagon acquisition officials were able to brag that they had secured a new generation of aerial-refueling tankers for less money than anyone thought possible. But here’s the downside: Boeing ended up having to cut costs everywhere it could to avoid losing money on the tanker program, including Wichita. Keeping an under-utilized, high-cost facility in the production mix would have eroded the program’s already razor-thin profit margin. With Boeing’s resources over-stretched trying to match Airbus’s heavily subsidized development efforts on the commercial side, Wichita had to go. Over 2012 to 2013, Boeing transferred all of the 2,170 jobs and work at its Wichita facility to other locations, marking the permanent loss of $570,300,000 in annual revenue to Wichita's economy, which equates to 0.5% of the state of Kansas' entire GDP. With many of the city's general aviation manufacturers also struggling to sell their small aircraft products to the world market during that time, Boeing's choice to move the production of its KC-46A tanker program was a major blow to the entire region. Four years later, the program is still greatly troubled, as it was just reported that Boeing's KC-46 tanker isn't capable of refueling Boeing's C-17 cargo planes in the air because of a major design flaw. Boeing has revealed major design flaws with its $1.3bn KC-46 airborne fuel tanker. The plane is designed to refuel jets in midair, replacing the KC-135, a plane that has been around since the 1950s. However, Boeing has admitted a flaw in the plane's refuelling boom means it will not be delivered in August 2017 as expected. By the time the KC-46A aerial refueling tanker enters military service, more than two decades will have passed from when the aircraft was first conceived, where it will have cost Boeing at least $1.3 billion more than it planned to put the plane into service. Not to mention the jobs and reputations of several of its top leaders. The cost of redesigning the tanker's refueling boom has yet to be added to that total. For a program that has always had razor thin margins, that cannot be a good development for Boeing. Perhaps winning the KC-46A contract wasn't really worth it.

24 мая, 15:55

Ракета-носитель «Союз» вывела на расчетную орбиту европейские спутники связи Galileo-13 и Galileo-14

Европейские космические аппараты Galileo FOC M5 приняты на управление заказчиком. 24 мая в соответствии с программой полета в 15:36 мск два европейских космических аппарата Galileo FOC M5 («Галилео») успешно отделились от российского разгонного блока «Фрегат-МТ». Космические аппараты находятся на целевой орбите и приняты на управление заказчиком.Пуск российской ракеты-носителя «Союз СТ-Б» с разгонным блоком «Фрегат-МТ» состоялся 24 мая в 11:48 мск из Гвианского космического центра (ГКЦ, Французская Гвиана).Космические аппараты Galileo FOC М5 изготовлены компанией EADS Astrium (Франция) по заказу Европейского космического агентства. Они пополнят орбитальную группировку европейской навигационной системы Galileo.Европейская глобальная система спутниковой навигации Galileo — аналог российской ГЛОНАСС и американской GPS; ее проект разработан Европейским космическ...

20 мая, 06:16

Производство вертолетов AIRBUS HELICOPTERS

Airbus Helicopters — франко-немецкая компания, один из ведущих производителей вертолётов в мире, до недавнего времени называлась Eurocopter и входила в состав корпорации EADS (сегодня - Airbus Group). До образования в 1992 году вертолеты в Европе производились двумя фирмами – немецкой MBB и французской Aerospatiale. Именно в результате их слияния и появилась компания Eurocopter.

17 мая, 11:43

ВСМПО-АВИСМА в 2016 году увеличит поставки титановых изделий для Airbus на 10-15%

ВСМПО-АВИСМА планирует в 2016 году увеличить поставки титановых изделий для европейской авиастроительной корпорации Airbus на 10-15% по сравнению с 2015 годом. Об этом компания сообщила в годовом отчете. Основными заказчиками корпорации на внутреннем рынке являются: ПАО "Компания "Сухой", ПАО "Уфимское моторостроительное производственное объединение", ОАО "Силовые машины", АО "Производственное объединение "Севмаш", АО "Воткинский завод", OAO "Калужский Турбинный завод", АО "НПЦГ"Салют", ПАО "Научно- производственная корпорация "Иркут", АО "Вертолеты России", ПАО "НПО "Сатурн" и другие. Основные зарубежные заказчики – Boeing, EADS/Airbus, Embraer S.A., Rolls-Royce plc, SNECMA, UTC Aerospace Systems, Messier-Bugatti-Dowty, TECT, Uniti Titanium, Blades Technology Limited (BTL), Orchid Orthopedic Solution и другие.

12 мая, 04:50

Печенье на миллион: бизнес-рецепт с собственной плиты

Александра Шафорост начинала бизнес с продаж премиального печенья, но новые продукты запускает в сегменте масс-маркет. Почему?

10 мая, 08:21

Boeing и Airbus – с соплами на вылет

Вице-премьер Рогозин выдворяет «большую двойку» из России

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24 апреля, 21:30

DR. MICHAEL EADES REVIEWS Lierre Keith’s The Vegetarian Myth….

DR. MICHAEL EADES REVIEWS Lierre Keith’s The Vegetarian Myth.

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20 марта, 22:57

Before iPhone SE Event, Has Apple Found The Unbeatable Celebrity Endorsement?

Ahead of the iPhone SE launch - a handset that is going to appeal to a much wider base than the geekerati of Silicon Valley - Apple has pulled in another celebrity to remind us all what the iPhone can do. But this is no Kenny Chesney promoting Apple Music or Stevie Wonder showing off the VoiceOver feature. Apple has pulled out the biggest gun it could find.

15 марта, 23:52

How to Read 100 Books a Year

Does your reading list keep growing? Did you buy books that you've never read? It might be time to cross more books from your list this year than ever. If you're reading less than you want, you're not the only one. One year ago I looked at my Goodreads page and noticed that I had read only five books in 2014. That realization frustrated me. I love books, but since I graduated college in 2011, I'd been reading fewer books every single year. My work and life got in the way of reading as much as I wanted. Why read 100 books in a year? You read because you want to learn from other people's experience. Otto von Bismarck put it best: "Fools learn from experience. I prefer to learn from the experience of others." If you want to get anywhere in this world, you need to educate yourself, and to educate yourself you need to read--a lot. Here's how to do it. 1. Buy In Bulk It costs money to buy books, and it costs you time to read them -- I'm assuming you have both if you're reading this. Everyone can make time. And if you don't have money, find a way to make or save money. As Dutch Rennesaince man Erasmus once said: "When I have a little money, I buy books; and if I have any left, I buy food and clothes." Be assured, the money and time you spend on books are worth it. I can't think of a better investment. Books are only a waste of money if you don't read them. If you want to read more, you have to buy more books. Some people don't get it. They spend $200 on new shoes, but they find it ridiculous to buy 20 books from Amazon. The idea is simple: If you have more books in your house, you'll have more choices, and this will help you read more. Here's why: Most of the books you read are not planned in advance. You don't sit down in January and say: "The first week of June I'll read this book." You finish a book, look you at your inventory, and decide what to read next. Don't overthink which book you should read next--you'll end up reading reviews for hours, which is a waste of time. For example, most people who want to start with Stoicism ask me: "Which one should I read first--Seneca, Marcus Aurelius or Epictetus?" Buy them all. Read them all. Having an inventory of books keeps up the momentum. You also never have an excuse not to read. 2. A(always) B(e) R(eading) You might have heard of the term 'ABC' from the play/movie Glengarry Glen Ross: Always Be Closing. Many salespeople and entrepreneurs live by that motto. I live by a different motto: Always Be Reading. I read a minimum of 1 hour per day on weekdays and even more during the weekend and holidays. Find a way to read around your schedule and your life situation. Don't make excuses like you're tired or too busy. Always Be Reading means that you: Read on the train Read while you're breastfeeding your baby Read while you're eating Read at the doctor's office Read at work And most importantly -- read while everyone else is wasting their time watching the news or checking Facebook for the 113th time that day. If you do that, you'll read more than 100 books in a year. Here's how. Most people read 50 pages an hour. If you read 10 hours a week, you'll read 26,000 pages a year. Let's say the average book you read is 250 pages: In this scenario, you'll read 104 books in a year. With that pace--even if you take a two-week break--you'll read at least 100 books in a year. That's a good return of your time investment. What's the ROI of reading the news? I don't know exactly, but it must be negative. 3. Read Relevant Books Only Have you ever read a book that's supposedly amazing and you don't get it? I wouldn't go as far as saying that any book sucks because people spend a lot of time writing and editing a book. But not all books are for everyone. A book might be a best-seller, but maybe you can't stand the writing. Or maybe it's not the right time to read a book. In any case: If you can't flip through the pages, put the book away and pick up something you are so excited about that you tear up the pages. Read books that are close to what's going on in your life. There's a book for everything you can think off. People are writing books for 2000 years, and there have been plenty of people in your shoes: struggling teen, aspiring artist, broke entrepreneur, new parent, etc. Don't waste your time reading about subjects you have zero interest in. Instead, pick out the books that are related to your profession or hobby. Read books about people that you admire. Don't read a book just because it's a best-seller or a classic if it has no meaning to you. 4. Read Multiple Books Simultaneously There are no rules to reading so you can do whatever you want. At times, I'm reading 5 books at once. I might read 50 pages of one book in the morning and then read another book in the afternoon. That's how I prefer it. Others like to read a book cover to cover and only then read something new. If you're reading something that's complicated, you might want to read something that's easier for the evenings. I like to read biographies before I go to sleep because they are like stories. Fiction also works well in the evening. I don't want to read a book about investing in bed with a highlighter and a pen. If I do that, I will be awake until 3 AM because my mind is buzzing with the new things I'm learning. 5. Retain The Knowledge Knowledge is only good if you use it. To retain knowledge, you need a system that helps you do that. This is how I do it: When you read a book, use a pen to make notes in the margins and highlight important text. If you're reading digitally, be aware of over-highlighting. Just because it's so easy you shouldn't highlight everything you find slightly interesting. Keep the highlighting for 'aha' things only. If you read something you want to definitely remember, fold the top or bottom corner of the page. For digital readers: take a picture and store it in a notetaking app you prefer. When you finish the book, go back to the pages with the folds and skim your notes. Write down (use your notetaking software or physical notebook) in your own words what the book is about and what advice the author is giving. Copy the quotes that stand out the most to you. The point is not to copy the book but to help you process the information so you can use it later. Read as much as you possibly can -- but never forget to apply what you've learned because that is what counts the most. You put in many hours to read books, make sure you get something out of it. Thanks For Reading I write on Mondays and Thursdays at DariusForoux.com, where I use tested methods and frameworks to share ideas for overcoming procrastination, improving productivity, and achieving more. Join my newsletter if you want actionable advice in your inbox. This article was originally published on dariusforoux.com. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

03 марта, 23:09

The Morning Routine That Will Change Your Life

Are you a skeptic? Do you find all the reports of a morning routine improving your motivation hard to believe? Would you rather hit that snooze button again? Do you wonder how having a morning routine could affect your motivation? I know, it sounds like a lot of hype but there are scientific facts that support the theory that a morning routine can affect your motivation. Everyone's morning routine does of course vary in one aspect or another, but there are three major ways that a morning routine can affect your motivation. But first, how would you define motivation? According to Mullins (2002), motivation is a person's driving force to succeed and achieve a goal, fulfill a need or even uphold a value. Needs are the basic force of survival, physical or psychological for example friendship, hunger, love, and thirst. Values are those things we consider important, for example, family friends, health or wealth. Lastly, goals are the end results a person is working towards. Therefore, anything that affects these three areas would affect your motivation. Having defined the term motivation, it becomes much easier to clarify how a morning routine can affect your level of motivation. Maintaining a morning routine can give benefits to your mental (needs), physical (value) and productive (goals) well-being as explained below. Productivity and Focus Mornings are when people are more focused. By getting up in the morning and following a routine to begin your day, arranging the hardest tasks for the beginning of the day, you are organizing your day to follow your natural bodies rhythm. This increases your motivation and productivity. So often with a heavy work schedule, it feels hard to find time for yourself. By structuring your morning to include 5-10 minutes intervals dedicated to taking care of yourself, you will increase your motivation and show up more powerfully throughout your day. Some of the things that you can do with this time are meditate, journal, exercise, read and eat breakfast. Mental Benefits A morning routine that mostly includes waking up tired after repeatedly hitting that snooze button can invariably leave you rushing around trying to get ready for work and leave you with the feeling that you are never on top of things. The heightened stress levels this creates can make even the simplest of tasks seem hard. This, in turn, can leave you feeling more depressed and fed-up which lowers your will to work harder and your levels of motivation. Whereas having a morning routine that gives your morning structure takes away the stress and worry of achieving everything that must be done. You know you will have time for the shower, the cup of coffee, or quiet read, which in turn leaves you feeling happier and more relaxed. This lessens depression, giving a sense of motivation and increases a feeling of satisfaction and achievement at completing the day's tasks. A healthy mind and a happy disposition increase your motivation and productivity levels. Physical Benefits A morning routine that includes you racing out of the house without breakfast or running to catch the bus can leave you feeling fatigued, hungry and lower your ability to concentrate. Breakfast is the most important meal of the day, as it wakes up your metabolism, reduces the feeling of hunger and boosts energy levels. Therefore, a morning routine that includes eating breakfast will leave you with reduced hunger levels and boosted energy levels. A ten-minute walk will increase those energy levels and a cool shower has been proven to increase alertness, the immunity system, circulation, help with weight loss, give stress relief and aid with muscle recovery. A healthy body and boosted energy levels increase your stamina and your will and motivation to succeed. Everyone's morning routine differs depending on a number of factors such as work hours, children and the type of person you are. The average adult needs 7-8 hours of sleep a night. By counting backward from the time you have set your alarm to determine a sleeping time, you can increase the chance of waking in the morning feeling rested. The time you set your alarm depends on how much time you need to get yourself ready (and children if you have them). Any morning routine should include, breakfast and 5-10 minutes of 'My Time'. A cold shower and a 10-minute walk are also very beneficial. One of the biggest hindrances to motivation is tiredness, hunger, and stress. By redressing a morning routine to lower stress levels, reduce hunger and eliminate stress your level of motivation and determination to succeed will be increased. Here is a morning routine that I use and help my clients with to create amazing results in their life. It is called the P.O.W.E.R Hour and it has revolutionized their productivity, focus, and sense of fulfillment throughout their day: P-eace- Dedicate the first 10-20 minutes of your day to some form of quiet time like meditation and expression of gratitude. Give yourself the gift of your own attention when you wake up. O-penness- Take 5-10 minutes to journal about your intentions in your day W- Who, What, Why= I ask these questions every morning and include them in my journal. Who needs me today? What do I need to do? WHY am I about to do the things I set out to do? E-xercise- If you don't make it to the gym, dedicate at least 10-15 minutes to some kind of movement, stretching, yoga or workout. R- eading- Take time to read something and stimulate your mind as you prepare for your day. Another alternative is to listen to an audiobook, podcast or TED Talk. Try out the P.O.W.E.R Hour over the next 30 days and see how it changes your attitude, productivity, and fulfillment. Don't forget to send me an email or tweet me to let me know how it's going. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

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