An Illustration of the Poverty Mindset

Uncategorized Jun 16, 2017

An Illustration of the Poverty Mindset

  

A few weeks ago, I was discussing employment opportunities with a millennial that recently graduated with an MBA. He explained that he is making about $30,000 a year in his current job. He mentioned that he would really like to be an executive with a big box store, but figured it would be next to impossible for him to obtain that job at this point in his career. He stated that a friend of his was making approximately $200,000 as the manager of a Wal-Mart and that he might have an opportunity in that organization. However, he couldn’t see himself taking a position with that organization out of concern that it would be rather embarrassing to tell friends that he worked for the world’s largest discount retailer.

Apparently, it is less embarrassing to turn down $170,000 per year than it is to say, “I work at Wal-Mart.”

I encourage you to not waste an opportunity based on what others “might”...

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Positively Negative

Uncategorized Apr 17, 2017

 

  As a business owner, it is imperative to stay positive since there are a number of risks that I must take in order to be profitable.  Recently, I spent several thousand dollars to submit a proposal to an organization in hopes that they would award a contract to our company for consulting services.  If we win the contract, the money spent is worth the investment.  If we do not win the contract, we lose our investment.  As you might imagine, keeping a positive outlook can be a tremendous asset when your proposals are declined.  However, as a business owner it is hard to remain optimistic when a large amount of time and effort is spent preparing for life “in the event of” catastrophe.  Let me explain.

It is required by most of my contracts that I carry Error & Omissions insurance in the event that one of our consultants makes an error.

I must pay unemployment insurance fees to the state in the event...

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80/20

Uncategorized Apr 05, 2017

 

 The 80/20 rule sounds like a mathematical formula and in some ways it is, but don’t worry, this isn’t a lesson on statistics.  The rule came from an Italian economist, Vilfredo Pareto, who stated that 80% of the Italian income was earned by 20% of the Italian population.

Years of research has shown the 80/20 rule applies to almost any activity.  What this means is that 80% of your results come from 20% of your efforts.  To put this another way, 20% of your activities equate to 80% of your fulfillment.

To prove this theory, consider your workplace.  Do 20% of your daily activities equate to 80% of your productivity?  Studies show that they probably do.  Think about the business sector as a whole.  The top earning companies in every industry are a small percentage of companies and yet they earn the largest portion of income.  And if you look at your own habits, you may find you spend a majority of your time watching...

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Practice makes……….?

We have all heard the phrase practice makes perfect, but that is not really true. Practice actually makes permanent. If you practice wrong, you will do it perfectly wrong. If you practice right, you will learn to do it perfectly right.

If you find yourself taking shortcuts or only giving partial effort, you are not only robbing yourself in that circumstance; you are practicing those bad behaviors. Before you know it, you will be really good at those bad behaviors. Everything matters! Even if it doesn’t feel like it in the moment. Practice making the best decision no matter how big or small, easy or hard. The practice will pay off.

Stephanie Willis

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Failure is an Option

personal growth Mar 28, 2017
 

I just spent a couple of days with Seth Godin, the author of Tribes and Purple Cow.    While there are several thoughts and illustrations from our time together captured in my notes, there is one idea that I have circled with the message, “Write blog.”  This is my attempt to convey what I was pondering when I drafted my message.

Give yourself permission to fail.  I don’t mean permission to fail at small things like picking up the kids late from school or forgetting to pack toothpaste for your road trip (I do these things regularly).  I mean the kind of big failures that cause your friends and family to whisper, “What was he/she thinking?”

Each year, I meet dozens of talented and educated people in their 20’s and 30’s who are looking for the role they should play in society.  Having been raised in a culture where failure is considered a character flaw, they have been trained to be...

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When Getting to the Table Is Not Enough

My friend Sheikh and I live just 21 miles apart.  We are roughly the same age, share the same values, and we have both experienced the pain of having a child born very premature and struggle to survive.  It would be easy to think that we speak regularly since we can relate to each other’s story so well.  However, the last time we spoke we were both 860 miles away from where we live in Orlando, Florida at an event.  Prior to that, we were 4,611 miles from home in Asuncion, Paraguay.

This past week after exchanging several text messages, Sheikh and I planned to “catch up” over dinner while we were once again in Florida together.  We were finally elbow to elbow for nearly an hour, but unable to speak more than pleasantries because others around the table kept asking us questions.  In fact, all I could tell you at that point was that my friend had a little more gray hair than the last time I saw him and that his family was doing...

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Performance vs. Progress

personal development Mar 28, 2017
 

Twice a year I have the privilege of gathering for a few days with some of the greatest leaders in the world. There is so much information and wisdom available, but it is not just about hearing others tell you how to be a great leader. There are always things to do. For example: lesson one, day one……everybody gives a speech. Not everyone there is or wants to be a public speaker, including me. As a matter of fact, studies reveal that most people report their number one fear to be public speaking, second on the list is death. As Jerry Seinfeld once pointed out, this means that at a funeral, the average person would rather be in the coffin than giving the eulogy.  Okay, okay…I digressed.

Nevertheless, the point is, there is no getting out of this speech. When your time is up, all eyes are on you. In that moment, you can choose to focus on looking good or you can choose to focus on making progress.

Honestly, my default approach...

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Without Influence, I’m Just a Boss

leadership principles Mar 27, 2017
 

As a kid, I was often told that being the boss made you a leader. A boss sits atop the organizational chart and tells people what to do and how to things get done. At 18 years old, I had the opportunity to host a talk radio program for teens and college-aged students. I quickly found people to work for me and I built a team of 12 people. Unfortunately, I was a great boss but a lousy leader. I didn’t understand the answer to the question: What is leadership?

Within a few months, our program had become the number two most listened to program in our region. This seemed to solidify my understanding of leadership. I was barking out orders, people were following them, and the organization grew in listeners each week. However, it didn’t take me long to realize that my team didn’t do anything unless I told them what to do and they didn’t really like being told what to do. It was especially tough to lead those who had recently discovered their minor celebrity...

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Valuing the ‘Big Win’

overcoming challenges Mar 27, 2017
 

As a young girl, I remember how empowered I felt when someone challenged me. The power that came from my belief that I could be the best at anything I wanted to do. I was a runner and I believed that I could always learn to run faster and further in order to win. I knew it would take a lot of hard work and practice, but I never doubted that I could achieve the results I wanted……winning. I pushed myself everyday to get better and I did, but I didn’t just apply this philosophy and belief to running. I applied it in every aspect of my life and eventually, ‘winning’ wasn’t always possible. The older I got, the more I experienced situations where winning just wasn’t going to happen and no matter how good I was, there was always someone, somewhere better at it than me. The more I lost, the less I tried.

At a crucial turning point in my life I realized I no longer saw challenges as something I could overcome. As a...

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Leading a Family: My Most Difficult Follower

 

The hardest people to lead are family, or so it seems. Regardless of your professional accomplishments or personal successes, you are often seen as “just my…” dad, mom, husband, wife, or a plethora of other familial titles. This can be especially true during certain seasons of life. For example, not too long ago my wife and I saw our oldest son join the Marines, and our twin daughter's graduate college and become engaged. At the same time, our two youngest children began high school. These things would all seem to be normal processes in the lives of your typical American family. However, in our house it was as if someone had unleashed a clan of William Wallaces all clamoring for freedom from the oppression of sensible thinking and experienced foresight.

My wife and I spent years trying to encourage our children to think for themselves, see others the way that God sees them, and add value to people daily. Though our methods weren’t perfect, we...

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