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High Income Skills

Why EQ Eats IQ For Breakfast..

  • By - Dan Lok
Why EQ eats IQ for breakfast

If you caught our last newsletter about achieving success in 2023…

You may remember one of the secrets was Good Communication and Interpersonal Skills.

Well, today, I thought I’d give you actionable tips to improve your Emotional Intelligence.

Because when your emotional intelligence improves, so do your communication and interpersonal skills.

This in turn makes you more successful financially.

Personally, I believe Emotional Intelligence (EQ) eats Intelligence (IQ) for breakfast, and in a moment, you’ll see why.

THE BAD NEWS: Emotional Intelligence is made up of 4 elements.

Self-awareness, Self-management, Social Awareness, and Relationship Management.

THE GOOD NEWS: When you work on one of these areas it helps you improve others.

My best advice would be to work on self-awareness first, as I believe this will bring you the biggest results in your life, and relationships, both business and personal.

But if your self-awareness is already at a decent level, then you’ll have other areas you can work on if you wish.

How To Improve Self-Awareness

Personality Tests

Companies often ask prospective employees to do a personality test before their interview.

This gives the company a good idea about how each individual works and whether they’d be suitable for the role.

So, if you’d like a deeper insight into your personality, you could try the DISC Test and the GEMS personality test.

You can find these online, via Google.

Seeking Feedback

Very often we’re in our own world, and we have little clue as to how we’re perceived by those around us.

Seeking feedback from friends, family, and work colleagues is a great way to gain others’ insights.

If they provide honest feedback, it may not always be what we want to hear, but it’s necessary for our growth.

Practice Mindfulness

Being aware of your emotions and thoughts is another way to improve self-awareness.

Ask yourself, where your thoughts are coming from.

Because behind each thought is likely a long-held belief.

When you’re aware of your beliefs, often they may limit your success, and this gives you the power to change any beliefs that don’t serve you.

Journal and Reflect On Past Events

Writing down your thoughts allows you to process them and understand them better.

You can also use this chance to reflect on how you acted in the past and what you would do differently the next time a similar event arises. 

This 2-minute video gives you 3 important and actionable tips for improving self-awareness that will make the above things far easier to implement >>

Tips for Improving Self-Management

With improved self-awareness, your ability to manage yourself and your emotions improve…

And personally, I believe what most people call time management, is really self-management because time can’t be managed. 

To see what I mean, click here to watch this video for 3 “time-management” tips >>

Better self-management will greatly improve many areas of your life.

3 Ways To Improve Social Awareness

Social awareness is all about understanding others and social and professional situations.

It’s important to keep an open mind in social situations.

With that said, here are a few ways you can improve social awareness.

Listen Actively

Focus on what the person is saying and do your best not to speak until they’re finished.

Ask insightful questions to dig deeper and add value to the conversation.

Pay Attention To Nonverbal Cues

55% of communication is done through body language, and vocal tone makes up 38%, which means the words you speak only account for 7% of communication.

So it pays to notice facial expressions, posture, and tone of voice, to gauge how the other person is feeling and what they really mean when they say certain things.

I think you’ll agree, it doesn’t matter what someone says, it’s more about how they say it and what their body language looks like.

Practice Empathy

Put yourself in the other person’s shoes. 

This allows you to better understand their thoughts, feelings, and their situation.

When you do this, it gives you immense power over the situation and allows you to come to a mutual agreement.

How To Improve Relationship Management

By now, I hope you can see how self-awareness is the building block for improving your Emotional Intelligence.

So, as success in life and business is built on relationships, to finish off, we’ll briefly discuss how to better manage relationships.

Effective Communication

Strong relationships are built on trust and effective communication.

In order to communicate effectively, you must clearly express yourself to avoid misunderstandings, and practice active listening as discussed previously.

To be trustworthy, you must be honest and upfront with people, as well as reliable and respectful.

If you can’t be honest with yourself, you can’t be honest with others, and this is where self-awareness plays a vital role.

Here are 12 ways to improve your communication skills instantly >>

Conflict Management

The best way to resolve and manage conflicts is to first understand why a conflict exists.

When you can understand the other person’s perspective, this makes the conflict easier to resolve.

People with low self-awareness lack empathy, which makes it difficult for them to understand another’s point of view, which in turn means conflicts are rarely resolved.

If you want know how to deal with conflict, here’s a quick 2-minute video >> 

Practice Forgiveness

If you find it difficult to forgive others or find yourself holding grudges often…

This automatically puts a wedge between you and the individual in question, which in turn makes the relationship difficult to manage.

For 2 quick tips on how to forgive others, click here >>


In conclusion…

The tips I’ve listed are not exhaustive, but they’ll give you enough of a leg up to improve your emotional intelligence, so you can see vast improvements in your business and personal life.

As I mentioned, business and life success is built on relationships, and it’s impossible to have good relationships without high emotional intelligence.

And self-awareness is the foundation on which emotional intelligence is built.

I hope you’ve enjoyed this week’s newsletter.

Be sure to stay tuned for our next one.

To your success,

Dan Lok

P.S. – If you want to be more productive, you may like to check out my short training, Millionaire Productivity Secrets.

Inside, you’ll find my best productivity hacks to achieve maximum results in minimum time.

If that sounds like it could help you achieve your goals for 2023, then click here to check it out >>

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About The Author

Dan Lok

Dan Lok is a bona fide social media sensation. Dan is able to command as much attention through a single YouTube video as he is on all the times he was featured on FOX Business News, MSNBC, CBC, Forbes, Inc, Entrepreneur and Business Insider. Dan Lok is also one of the few mentors who actually owns a portfolio of highly successful business ventures. His teachings and mentorship come from real-life experiences and the great success he has attained. Yet, none of these "bragging rights" or "claims to fame" matter much to him. Dan’s mission is to serve and help people like you attract high-value clients, monetize your content, scale your audiences, and generate significant revenue online.

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