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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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On Being Open and Transparent

See when it comes to being a leader in the 21st century, being open and transparent is now the only acceptable and expected norm. It is the standard. However, unfortunately so many people continue to push that standard to the side. They throw it off and that is not a good thing. Folks that is not how it’s done, that is not how it is going to be, most importantly that is not how one remains a leader.

One remains a leader by not deviating from the standard you set for yourself and for others that you lead, manage or supervise. You expect others to adhere to those standards but once you start saying “oh well, that’s their standards and these are my standards” well it does not work that way. You have to remain open and transparent the entire time you are a leader. You cannot deviate from the ONE standard because when it comes to being transparent; “you deliberately go out of your way to try to be honest and open about who you are. There is no façade, no pretense – with you. People get what they see. You speak in your own voice. You are authentic. Others can see clearly who you are, what you are doing and why you are doing it.”

It is that simple. You just cannot deviate from that, if you’re expecting others to behave in a manner that you say but you are not doing, well all I can say is something is very wrong there. It is when you begin to hide things, like openness and transparency; the truth will eventually become clouded. Once clouded you will fall down that slippery slope where people will begin to doubt their trust in you and as a Leader, you do not want that.

Once that trust is in doubt, there is no going back. Sure, you might get 98 – 99% percent but you will never have a 100% of that trust back. Seriously, you will not see all that trust ever again. Think about it this way; for some reason or another, you doubt somebody’s trust. After the situation is settled, will you or can you ever truly trust that individual again? No.

It is sad but it is true. That is why the importance of being open and transparent is key to a successful career and even more importantly it is key to maintaining the honor of being called a leader for a very long time.

Thanks for your time,
Dave

P.S. What do you think of what I wrote above? Do you agree? Disagree? Let me by email ([email protected]) or on Twitter where my handle is @DaveGuerra

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On Being Genuine

Now is the time to be more than who you are. Being more is as important as eating or breathing is to the human body.  Currently, you are who you are and the sooner you understand that you have to grow to be a better individual, the sooner you can grow beyond who you are. Grow beyond who you are?

Being genuine is the only way to grow beyond who you currently are.

To grow as an individual you can only do so as an individual. However, you must take certain precautions so as not to come across inauthentic or disingenuous.

While it may be a slippery slope do your best to not make it a competition. We are all taught that you have to be the best. You have to be number one. Excessive competitiveness does nothing but bring you down when you win and you resent those who do win. Be careful.

Let go of what other people say or expect. Just be yourself. You want to be genuine, the real deal then you cannot be when you are at the mercy of others. When others tell you you should do this or say that then you are nothing but a follower. Remember you are the only person that gets to say who you are. So be that person. While the “cool” kids are doing what the “cool” kids do when it is all said and done they are nothing but followers. Remember that.

Being genuine means, you are not following anyone but blazing your own trail. Then those that want to be with you will find a way to be near you and they will do so because you are genuine in your intents and actions. Trust the process and most of all trust yourself.

Do not force it. Forcing yourself to be genuine well that does come shining through o anyone and everyone. So do not force it.

All in all, just be yourself.