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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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New Article Now ONLINE! – Change is a Fickle Monster by David Guerra

Out now, my latest article for you. Titled “Change is a Fickle Monster”, I talk about how when you want to change change or at least do a little something on your behalf to minimize the impact of change you have got to be careful.

Change comes in many forms and in varying degrees of impact when you fail to respect the fact that change will do its own thing, you get exact what you deserve. Usually, what you get is change knocking you down and then running you over.

This quick read is also downloadable as a PDF.  To read this article: click here

Thank you,

David Guerra

 

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Things To Give Up To Be A Successful Leader: Stop Complaining

Things to give up to become a successful leader:

STOP COMPLAINING (or at least complain less)


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We can stop complaining or do it a little less. It can be done. We can complain and complain until we are blue in the face, that’s fine complaining is who we are, it is what we do. However, as a leader you cannot go around complaining because those that follow you will question what you do when it comes to complaining. Your followers will start to wonder if you complain about them to others. If you need help to stop complaining here are five tools to help you stop the complaining or at least keep to a minimum.

GO COLD TURKEY
Just stop! Yes, I know it is easier said than done but it can be done. People do it all the time. You have heard of Smokers, Drinkers, and Heroin users going cold turkey. Sure, it is a little difficult at first but they eventually break the habit. You can stop complaining right here, right now. However, you have got to want to change. You have got to want to stop complaining. Now here is a little something I tell people all the time, we are all human and none of us are perfect. We weren’t made perfect. However, the issue is know that you cannot go through life 100% complaint free. I try but it just doesn’t happens. So don’t worry if you slip and fall back into complaining mode. Pick yourself back up and try again. Remember, most alcohol and heroin addicts have to hit rock bottom before they realize they have to stop.

BE RESPONSIBLE
Own your mistakes. The first step to being responsible is self-respect. Begin by thinking highly of yourself and your abilities. All your abilities. Keep people in your life who respect you. Eject the chronic complainers. Let them carry their complaints elsewhere. Gather people in your life that like you and respect you. Remember it is a two-way street you have them around because you respect them. It is a mutual respect.

BE ASSERTIVE
Giving up complaining does not mean allowing yourself to become someone else’s doormat. Assertiveness is the way to tell others what your needs are and how these can be met. However, there will always be individuals who will see assertiveness (no matter how small or how large) as a personal attack.

KEEP MOVING FORWARD
When you keep moving forward you have less time to look back and complain about who did you wrong, who is crazy, who owes you money, who done you wrong, who was wearing what and stuff like that. By constantly moving forward you have less time to worry about others especially those that are the chronic complainers, the ones that live off of other people’s misery, the ones that would rather go make fun of people because it enriches their lives.
Keep moving forward and looking forward and soon you will have those that move forward as a habit and complain little to none all around you. Remember, like-minded people LOVE to travel together. Why do you think the old saying misery loves company is more often true?

BE MINDFUL
Be mindful of others. Some will see that you are not complaining or complaining as much and back off. However here is where the mindfulness kicks in. There are those that will bait you either catching you off guard or slowly reeling you in until <> you are caught and you start complaining.

Complaining is a part of life. It allows us to blow off some steam. It also allows us and opportunity share with others what we really feel however usually away from the people that we are complaining about. As a leader, you have to learn to keep your complaints to yourself. Your followers do not want to know you complain especially in front of them. Then they will start to wonder if you complain about them to others. So stop the complaining or curtail it as much as possible.