Tag: success


How to Make Smart Investments in Your Life and Career

With the end of another year AND another decade nearing, it’s time to get serious about your life and your career. You don’t have to have a lot of money or even a lot of time to invest in your future. But, you do need to start somewhere. There are several little things you can do to make smart investments in your life and career. These little things will add up. And by the end of the next decade and even the next year, you’ll see a BIG payoff!

Let’s break it down by various areas of your life. We’ll use the seven major areas as outlined in my Goal-Achievement Plan, a free download when you subscribe to my newsletter at www.yourpassioninlife.com. Don’t let all the following suggestions overwhelm you. Instead, just pick one or two to start with. The results you see will motivate you to make the same kind of investment in the other areas of your life. Pretty soon you’ll see an overall improvement in your life and career.

1. Spiritual investments

Getting centered spiritually, regardless of what it looks like for you, is probably the most important investment you can make in your life. Setting aside time at the beginning of each day for small habits such as prayer or meditation, reading, and journaling can get your day started off on the right foot.

Eleven years ago I started getting up an hour early each morning to do just that. I can’t even begin to describe what this has done for me, personally and even professionally. But now I can’t imagine starting my day without it. This habit is truly my daily bread. It’s helped me to make smart decisions in all the other areas of life listed below. The return on my time and emotional investment is priceless.

I encourage you to do the same. If mornings seem impossible for you, then at least commit to this habit every night before bed. Just know though, it will be harder to stay committed once you’re already tired. This is one reason why I recommend doing it in the morning. The other reason is because you’ll have the armor you’ll need to face each day’s challenges with renewed strength.

2. Investments in family

This one is sometimes hard for me to manage since my family is located far away. You may have the same situation too. Taking the time to speak to each other on the phone or via FaceTime on a regular basis (instead of just texting) can strengthen family ties.

When together in person, resist the temptation to play on your phone or on social media, especially during a meal together. Instead, put the phone away and invest your attention in your loved ones. Be fully present with them.

If the phone does come out, let it be to share some recent photos with each other and to take some new photos together, creating new memories to look back on ten years from now. Who knows what new technology will be available in ten years to let us share these photos and take new ones?!

3. Smart investments in your health

If you haven’t heard this yet, health is the new wealth. Being able to enjoy your life ten years from now will depend on your current health habits. Your bank account will also depend on your health. Will you still be able to work ten years from now based on how you’re currently treating your body?

The past ten years I’ve developed new eating and exercise habits. While the addition of these habits to my routine has been incremental, I’ve already experienced numerous benefits. I can’t wait to see how my habits and results improve in the coming years.

In addition to investing time in regular exercise, it’s good to invest a little more money in healthier foods. Although healthier foods still cost more than unhealthy foods, think of the money you’ll save in doctor bills in the future!

You may have seen the story on Facebook about the elderly woman who was able to reverse her dementia by eating foods like blueberries and walnuts. She’s not Super Woman, but what she’s eating are super foods! Super foods are those foods found in nature containing more nutrition than any other foods.

The top ten super foods are avocados, blueberries, broccoli, eggs, garlic, honey, lentils, quinoa, spinach, and walnuts. They’re best for you when eaten with other super foods. Every morning I need 30 grams of protein so I don’t get hungry again too soon. I’m usually able to incorporate three to four super foods in my high-protein breakfast.

In addition, there are several foods that can lower your cholesterol. They include fish, olive oil, whole grains, berries, avocados, beans, nuts, spinach, red wine (in moderation), vegetables, citrus fruits, soy, green and black teas, and (my favorite) dark chocolate. I also get at least four of these in my high-protein breakfast.

Try incorporating some of your own favorite foods from the items above in your diet to go along with some fun form of exercise you enjoy most.

4. Smart investments in your career

Without making the above smart investments in your life, it will be difficult to be successful in your career. Career success also depends on your ability to sharpen and update your current skills while learning new skills. Doing so requires an investment of time, and sometimes money.

If your current employer pays for professional development or continuing education, take advantage of it! But go a step further and seek out additional educational and personal growth opportunities that can prepare you for a promotion or possible future career change. You can find these opportunities in local continuing ed programs and online, most of which are typically very affordable. Having this additional training can give you leverage when starting your own business, asking for a raise, or negotiating a salary offer for a new job.

Speaking of salary negotiations, career success also depends on how well you can negotiate a fair salary. This is something I teach my clients how to do tactfully.

Let’s assume whatever the salary offer is, you’ll get at least the average cost-of-living raise each year, which is typically 2% to 3%. Let’s say you get an initial offer of $80,000 and accept it without countering. Do you realize in five years, you will have lost out on as much as $27,340 in salary increases by not asking for just $5,000 more? (An additional $5,000 is the most you can usually ask for without the hiring manager having to seek additional approval.) Raises compound just like financial investments do!

5. Financially smart investments

If you’re able to negotiate a higher salary, then you’ll have more money to invest now which will grow over time. But financial investments don’t just include putting your money into a 401K or into the stock market. They also include learning how to be more financially responsible. This begins with investing the time to creating a budget, monitoring your spending habits, figuring out necessary spending cuts, saving for an emergency fund, taking the time to pay off debts, adding to your emergency fund, and learning more about smart investing.

This may not sound like fun and may even sound difficult depending on your current financial situation. Taken all together, it does seem overwhelming and impossible. But when you break it down into baby steps as financial expert Dave Ramsey teaches in his book The Total Money Makeover, it not only becomes easy but also motivating!

While I don’t subscribe to everything Ramsey teaches, I will say his baby step method to financial freedom does work! By following this method, I’m on track to have my car paid off a year early. And this feels good! It’s motivated me to set bigger financial goals like contributing more to my mutual fund and IRA and giving more to causes meaningful to me.

You can start small today by making payments on your smallest debt and then using the snowball approach Ramsey teaches to tackling your remaining debt. As a result your debt will be paid off faster than you think!

6. Socially smart investments

Like smart investments in your family, it’s also important to invest in others through your network and your in-real-life social connections.

I’ve written numerous blog posts on the importance of building professional relationships to grow your network. This takes a lot of investment of time and energy. It requires you to be the kind of contact you’d like to have. It also requires you to be realistic about the time it takes to build and nurture these professional relationships. As a career coach, I cannot stress enough the importance of growing your network!

In addition to creating strong ties in your professional network, you want to do the same in your social life. The best way to create and foster new social connections is by getting involved in activities and causes you’re drawn to. This includes getting involved with a group interested in the same form of exercise you enjoy, volunteering with others for a cause you find meaningful, or joining a small group in your church. These are just a few examples, but they do help you find your “tribe” so to speak.

I’ve personally made friends with people just from my passion of stand-up paddle boarding, my participation in a weekly dinner with my small group, and from volunteering alongside people I otherwise would’ve never met. What are some things you can get involved in to meet and bond with new people?

7. Investments in personal growth and education

Similar to professional development that sharpens your career skills, it’s important for your personal development to invest in some lifelong learning on topics outside your career. Investing in classes on a subject just to learn more about it or to improve your knowledge can have a great return on investment! In addition to increasing your knowledge on a new subject, it can exercise your brain and reduce your risk of age-related diseases. It can also expand your network and your social circle. It can even help you discover a side gig or another revenue stream!

I’m always trying to learn new things and improve on the things I already know. For instance, last year I took a paddle clinic from former canoeing Olympian and QuickBlade owner Jim Terrell to improve my stand-up paddling skills. I’ve also taken classes on topics like financial success, self-defense, small business marketing, and much more.

As stated earlier, many of these courses are offered through continuing education programs and are usually very affordable. I encourage you to check out the Nashville Community Education Commission to see what classes they have you might be interested or curious in. This is a really fun way to invest your time and money to better your life and your career!

Related posts:

smart investments

Sunday Inspiration: Overcoming Failure

Welcome to “Sunday Inspiration,” a bi-weekly devotional for those seeking spiritual encouragement in the pursuit of their passions. Each post comes from an outside resource (as referenced). I hope these posts will inspire and motivate you in your life and career in addition to our weekly original blog posts. Enjoy!

“My flesh…may fail, but God is the strength of my heart.” Ps 73:26 NIV

As you drive toward your destiny, you’re sure to hit potholes along the way, or take some wrong turns, or forget to check your gas gauge and run out of fuel. The truth is, the only way to avoid failure is to not leave your driveway!

In the words of author William Saroyan:

“Good people are good because they’ve come to wisdom through failure.”

The real issue in life isn’t whether or not you’re going to fail, but whether you’re going to learn from your experience and turn it into the wisdom needed to succeed.

In a survey of successful people, not one of them viewed their mistakes as failures. They considered them “learning experiences,” or “tuition paid,” or “opportunities for growth.” That’s the winning attitude!

Henry Ward Beecher said:

“It’s defeat that turns bone to flint…gristle into muscle…and makes men invincible. Do not then be afraid of defeat. You are never so near victory as when you’re defeated in a good cause.”

So the next time you fail at something, stop and ask yourself:

  • What have I learned?
  • Am I grateful for this experience?
  • How can I turn it into success?
  • Where do I go from here?
  • Who else has failed like this, and how can they help me?
  • How can my experience help others?
  • Did I actually fail, or just fall short of an unrealistically high goal?
  • Where did I succeed as well as fail?

Then go one step further, and ask God for greater insight. If you do, you’ll grow stronger and wiser because of what you’ve been through (See James 1:5).

Source: https://www.jentezenfranklin.org/daily-devotions/overcoming-failure

Sunday Inspiration: Seeing Your True Self

Welcome to “Sunday Inspiration,” a bi-weekly devotional for those seeking spiritual encouragement in the pursuit of their passions. Each post comes from an outside resource (as referenced). I hope these posts will inspire and motivate you in your life and career in addition to our weekly original blog posts. Enjoy!

“We…saw giants…we felt like grasshoppers.” Nu 13:33 NLT

Ten of Israel’s twelve spies returned from the Promised Land saying, “We…saw giants …we felt like grasshoppers.”

The other two, Joshua and Caleb, saw the same giants but believed that with God’s help they could be conquered: “Let us go up at once and possess it…for we are well able” (v. 30 TLB).

That’s the language of a winner!

Understand this: God has a plan for your life, but you’ll never fulfill it until you come into agreement with His Word.

“But I have so many problems. How could God use someone like me?” you ask.

Paul said, “I don’t mean to say that I have already…reached perfection. But I press on to possess that perfection for which Christ Jesus first possessed me” (Php 3:12 NLT).

When God uses imperfect people, it makes us realize that He alone is our source, our strength, our strategy, and the secret to our success.

The Bible says, “The foolish thing [that has its source in] God is wiser than men, and the weak thing [that springs] from God is stronger than men” (1Co 1:25 AMPC).

You have a God-ordained destiny, and no excuse for not fulfilling it.

You can’t use weakness as a defense, for God says, “My strength is made perfect in weakness” (2Co 12:9).

You can’t use your past as an excuse, for God says, “Old things are passed away…all things are become new” (2Co 5:17).

How God sees you isn’t the problem; it’s how you see yourself that keeps you from succeeding!

So ask God to give you a new understanding of how He sees you—loved, righteous, blessed, and favored!

Source: https://www.jentezenfranklin.org/daily-devotions/seeing-yourself-as-god-sees-you

How to Avoid Stereotypes That Hurt Your Child’s Career

Millennials and Gen Z’ers sometimes get a bad rap for not having the ability to appropriately handle unpleasant obstacles.

But there’s one millennial who is defying all the stereotypes. Her name is Kristen Hadeed. She’s the owner of a successful business she started while in college which now employees over 600 people. She’s also the author of the book Permission to Screw Up: How I Learned to Lead by Doing (Almost) Everything Wrong.

Failing Successfully

I recently got to hear Kristen speak about how her business’s success was built on failure. In her talk, she credits her parents for her ability to fail successfully.

What she means by this is she was raised in a home where her parents believed tough love is sometimes necessary for success.

One particular example she shared is when in high school she went to her father for help with her calculus homework. He said,

“I can’t help you. Do you know why? I can’t be there when you’re taking your test. If you can’t answer the question now, how are you going to be able to answer it during the test? You need to figure out where you’re stuck and go ask your teacher about it.”

She said she hated him for it, but still felt loved by him. She followed his advice and ended up with the highest grade in her calculus class.

It was this tough love lesson that taught Kristen how to solve her own problems and grow as a person and businesswoman.

As a result, she uses this same tough love approach to successfully lead her employees who 90% are college students. This approach instills confidence in her employees even when they screw up royally, and give them ownership over their successes.

Do you fit the “lawnmower parent” stereotypes?

Not only does Kristen defy the stereotypes of millennials. Her parents defy the stereotypes of parents of millennials.

Instead of being “lawnmower parents” who mow down every obstacle their child might face, they allowed her opportunities to learn how to deal with obstacles and failure.

They didn’t “over-help” her, as she says.

But she sees the negative effects of over-helpful parenting in many of the college students who work for her.

She sees their lack of confidence and lack of belief in their own skills.

My colleagues and I see it too in the younger generations we work with. And this is often the cause of their bad rap.

My colleagues and I see firsthand how so many “lawnmower parents” are plowing their way through their child’s career.

Specifically, I experience parents of people as old as 30 calling me wanting to sign their son or daughter up for my career coaching services because their “child” isn’t happy in their current job. (Sometimes they call me without their son or daughter knowing it!)

A colleague of mine who’s on the other side of the table in HR and recruiting experiences it too. She witnesses parents who try to involve themselves in their “child’s” interview process or negotiate salary for their “children.”

(I use quotes around “child” and “children” because these are actually adults I’m referring to.)

My tough love for you

I’m all for helping people who aren’t happy in their current job find something better. That’s what I do!

BUT, I won’t take on a client who cannot take the initiative to contact me directly.

And my colleague says she will never hire a candidate whose parents get involved in the interview process.

So if this is something you as a parent are doing, stop it now before you further hurt your adult child’s chances of landing a job.

If you’re the “child” whose parents are doing this, don’t allow it! Your career is at stake!

This is my tough love to those who are or have lawnmower parents!

It’s not my business who’s paying for it

Now some parents will say to me, “Well I’m calling for my son because I’m the one who’ll be paying for your services!”

It’s not my business who’s paying for it. But it is my business who I’ll be working with. And I need to talk to them. Not their parents.

I have a client who’s still a college student. I can’t say for sure if she got the money for the career coaching services from her parents or not because her parents stayed out of the situation. She took the initiative to reach out to me on her own. She knew her goals and knew what she wanted to accomplish with the coaching.

This is why she’s now my client. These are the type of clients I want to work with. It has nothing to do with their age and everything to do with their initiative.

If a client can’t take the initiative to contact me directly and complete my simple intake form on their own, they’ll never be able to do the homework required in my coaching program.

There have been a couple of cases where I have taken a client whose parents called me, only because I knew the parents personally. And even then I regretted it.

Their children were the clients who either had a bad attitude throughout the coaching process, or they didn’t use all the sessions their parents had paid for. To me this is a waste of their parents’ money, and I never want anyone to feel like they’ve wasted their money with me.

Another way “lawnmower parenting” can hurt your child’s career

I have a millennial client right now who’s great! Her father has stayed out of her career coaching process.

However, she tells me he occasionally involves himself in her networking efforts without her permission.

And he does so in the wrong ways. He does all the things I teach her NOT to do, therefore undoing much of what she and I have already worked on.

How to help your son or daughter the right way

I understand parents want to help their children make connections that can lead to good jobs. And job seekers should begin their networking efforts with who they know, including their parents.

But, if you’re a parent wanting to help in this way, I suggest first brushing up on your own networking skills with my on-demand networking course and reading my free blog posts on networking etiquette.

Don’t assume you already know everything about networking. Especially if it’s been a while since the last time you’ve had to look for a job. Even my adult clients who happen to have millennial children first come to me not knowing how to network in today’s job market.

Next, I suggest not to put pressure on your contacts when making introductions. Never make them feel obligated to talk to your son or daughter. No one likes to be on the receiving end of being put on the spot.

Instead, ask if they’re willing and if their schedule allows to talk with your son or daughter.

If they say no, thank them and maybe ask if they know of anyone else they feel comfortable recommending to talk to your son or daughter.

If they say yes, give your son or daughter their contact info and leave it up to your child to reach out to your contact.

Then, you can help your child from behind the scenes. Like helping him or her think of appropriate questions to ask your contact. And how to respect your contact’s time. Teach them this type of etiquette they can apply throughout their careers.

But do not make the arrangements for your son or daughter. Do not speak for them. By all means never attend the meeting with them. And do not nag them about whether or not they made the call. Give them ownership over their choices by letting it be their choice to call your contact or not.

Instead of being known as a “lawnmower parent” who mows down your child’s obstacles, defy the stereotypes and be the parent who builds up opportunities for your son and daughter to learn how to take initiative and ownership over their career.

I guarantee this will make them more successful than you can imagine!

“Take the bubble wrap off and let them walk into their mistakes.” Kristen Hadeed

Related Posts:

stereotypes

Sunday Inspiration: Take the Risk!

Welcome to “Sunday Inspiration,” a bi-weekly devotional for those seeking spiritual encouragement in the pursuit of their passions. Each post comes from an outside resource (as referenced). I hope these posts will inspire and motivate you in your life and career in addition to our weekly original blog posts. Enjoy!

“Give it to the one who risked the most.” Mt 25:28 TM

Remember the three stewards who were each given a sum of money to invest? The first two doubled theirs; the third buried his in the ground. The first two were promoted; the third was fired.

“Get rid of this ‘play-it-safe’…won’t go out on a limb” (v. 30 TM).

Could there be a more powerful incentive to taking a risk of faith based on what God promised you?

You say, “But what if I fail?”

Failure trains you for success! It can show you what you need to change in order to move forward.

Think of it this way: As a redeemed child of God you have a security net that allows you to fail safely.

But if your reputation and self-worth are all tied up in knots over some failed enterprise, you’ll not be motivated to try again.

It’s human nature to want to feel good, to succeed, to win the prize, to move forward. But just like a world-class athlete backs up to gain the momentum to run faster, sometimes a few steps backward now will fuel your progress later.

And here’s something else to keep in mind: God assesses our accomplishments differently than people. A failure in the eyes of men is often a success in the eyes of God.

Remember Noah? Before the flood he looked like a loser; afterward he became the most successful man on earth.

Your most fulfilling reward isn’t human approval—it’s God’s “Well done…good and faithful servant!” (Mt 25:21 NIV).

So take the risk!

Source: https://www.jentezenfranklin.org/daily-devotions/take-the-risk-2