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#Leadership In The News – March 9, 2017

Lately in my world, there has been plenty of talk about change. Change comes in all shapes and sizes and forms; commercial and personal. Change will continue. It will continue for a long time to come. Enough of what you already know, let’s get to the meat and bones.

I found this article on the USA Today website, “A Financial Adviser’s Top 10 Investment Lessons Learned” and it is loaded with great advice.

The article’s content, while focusing on Finance, with a few minor tweaks can be applied to everyday life.

#1 Don’t Follow The Herd:
Be unique, be yourself. Just do your think and don’t worry about others.

#2 The best investment may be the one you don’t make:
Sometimes the best thing to do is to do nothing.

#3 Invest in your own human capital:
Invest in your own education. Invest in yourself (only of it makes you better)

#4 Avoid large holdings of your company stock:
If only you know what you are worth then it is safe to say you are worth nothing to anyone else. Spread the wealth.

#5 Don’t try to time the market:
There will NEVER be a perfect time. Pick the moment and dive right in. Win or lose

#6 Avoid the noise:
While mob mentality may be all the rage (well according to the news) it is not the way to get things done. If you find yourself in a place where everyone thinks alike then you are in the wrong place.

#7 Equities are for growth, and bonds help you sleep at night:
No matter what you do to pay your bills, be sure to pay yourself for the future.

#8 Implement a disciplined investment strategy and stick with it:
Habits are hard to make but once made they are easy to keep.

#9 Control your behavior:
Attitude, Self-respect, and Discipline are key to success. This applies to everything you do or plan to do.

#10 Time is your best friend:
Think long term, look at the big picture, and be in it for the long haul. The longer you do something, invest in something, and believe in something the better off you will be.

As you can see, with a minor tweak or two these 10 pieces of financial advice can be applied to just about anything in life. Try all ten for yourself and see what happens.

 

Title: A Financial Adviser’s Top 10 Investment Lessons Learned
Link: http://www.usatoday.com/story/money/personalfinance/2017/03/05/financial-advisers-top-10-investment-lessons-learned/98614800/

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What did you think of this #Leadership In The News post? Let me know by email [email protected] on on Twitter @daveguerra

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It’s Time To Be Clear And Concise

Happy New Year!

A New Calendar, A New Way of Thinking, and most certainly, A New Way of DOING!

Too many people, I mean way too many people for one reason of another refuse to be clear and concise in any communication they use. However, it all begins with the face-to-face conversation. For whatever reason, people have trouble communicating face to face. This then carries over to other forms of communication with voice-to-voice a very close second place.

This indirect activity creates a feeling that the speaker believes everyone within the sound of his voice can also read his mind and is 100% in tune with what he (or she) is trying to say. However, with this mindset, the speaker will fail 100% of the time.

When a speaker starts to hint at things and sends mixed messages the listeners become lost and unfocused. At that point, the speaker has lost his place and getting it back is a trick not even the greatest magicians could accomplish.

When the speaker hints at things or sends the mixed messages, they also fail to get to the point as quickly as possible. Again, failing to get to the point will result in not getting what you want or are asking for.

When the time comes and it is your turn to speak be careful to avoid being so vague that nobody will ever understand what you want or asking for. Failing to be clear and concise will lead you to fall short of your desired goal. So step up your game and start clearly and concisely vocalizing what you want or where you stand.

A word of warning is careful that you do not come across as abrupt, unfriendly, arrogant or rude. Just say what you feel and while it may be difficult at first you will find that right balance. That is why you must work every day, every single day, on conveying that clear and concise message. Do that vocally. Remember, the number one culprit is face-to-face communication. Practice. Practice because that is the only way to become clear and concise. You have to work on it. If you are not constantly practicing and working on being clear and concise and just doing it every once in a while you are going to get stuck at hinting at things and sending mix mixed messages and avoid getting to the point as quickly as possible.

That my friends is not a good thing. Get to work!