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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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#Leadership in the News – March 8, 2017

Leadership in the news is where I will take random news articles found on the Internet and talk about their leadership content (good or bad). The content might not always be from the boardroom or Fortune 500 companies but they are all about Leadership.

‘Star Wars’ actress empowers young girls with her own fashion line

article link: http://www.reviewed.com/home-outdoors/news/star-wars-actress-ashley-eckstein-fights-bullying-with-her-fashion-line

Great article about how one actress (in this case a voice actress) brought her character from a galaxy far, far away and onto t-shirts right here on our humble little planet. Actress Ashley Eckstein is the force behind the voice of Ahsoka Tano, Anakin Skywalker’s former apprentice, from Clone Wars and Star Wars Rebels. Now she is running a clothing company named, Her Universe. The company produces “geeky merchandise for women and kids”.

Seizing the opportunities before her and exploiting her role in the Star War universe, Eckstein is on the right track to not only cash in but deliver a message of empowerment and leadership to all that follow her whether it be in business or on the small screen as potential Padawans (learners/students).

Every leader at one point or another has had to start at the bottom. While at the bottom, future leaders might have to do work that they feel is beneath them or not something they see themselves doing. Guess what? That is known as paying your dues. Everyone has to pay them. Some pay them longer than others and some pay them later rather than sooner but trust me, everyone pays those dues. Then next step on their way to becoming leaders is to not give up.

Sometimes it may feel like you are spinning your wheels but keep trying. Keep moving forward. Keep doing. It is obvious that entrepreneurs like Ashley Eckstein are doing just that. Their ability to take their opportunities and turn them into realities is truly the stuff of legends. Now don’t mistake my use of the word “legends”.

When I say “legends” I mean individuals that because of their hard work, determination, and continued innovation have become larger than life. A great example of larger than life is Sir Richard Branson (Virgin Group) . Though I have never met him, I can see that hard work is still very much part of his life. Getting in the trenches is as much a part of his life today as it was back when started Student magazine, in the late 1960s.

When it comes to Ashley Eckstein, seizing the moment and running with it is the stuff that larger than life people do. It is the stuff that legends do on a daily basis.

So don’t give up. Those that follow you expect you to never give up. Show them the way to becoming leaders of their own by never letting opportunities pass you by as Ashley Eckstein did with Her Universe.

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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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David Guerra’s Daily Challenge for Monday February 13, 2017

ALWAYS HAVE A PLAN B.

Always have a Plan B. Yes, I know there is people that say, “Why have a plan B or why have a plan A if you are going to have a Plan B?”

Remember, it can all be going great until the road comes to a dead end and then what do you do?

Seriously, always have a Plan B. Have it in the back of your mind. Always have an out. Have a way out. Have an emergency plan. Consider those pre-Take Off speeches telling you where the Emergency exits are; front, center and rear of the plane is where you will find your closest emergency exit. Remember, they are telling you this because this is their Plan B. Normally, you just exit out the front door but you never know. So that’s why it’s important to always have a plan be especially on a Monday because you never know how the rest of the week is going to turn out.

Just get through Monday and you pretty much have the rest of the week take care of and that is just life. In anything, you do always have a plan B because you never know what is going to happen. Live your Plan A and execute it all the way, as much as you can.

If it does not turn out the way you want it to then you know what to do. You fall back on Plan B. Now once you are executing Plan B start thinking of a Plan C and so on. However, do not think about Plan C if you are on Plan A.  You do not need to do think Plan C because that is just a waste of Resources and Energy causing you to create more frustrations because now you are setting yourself up for failure.

Always have one back-up plan, Plan B.

Thank you,
David Guerra