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Laid off? Out of work? Life is all about creating yourself! 0

Posted on December 26, 2009 by admin

inventionAuthor: Ev Nucci

“Humankind cannot bear much reality.” T. S. Eliot

No matter how bad things are, like millions before you, you can create a new future. I have, so I know what I’m talking about. You find out who people are in the bad times, not in the good.

Re-writing your future is a state of mind

You are never too old , it’s never too late to start anew. And if you think you can’t take steps backwards in order to take steps forward, think again.

Danny Aiello began acting at 40, Rodney Dangerfield at 42, Gloria Stuart was 78 when she was nominated Best Supporting Actress for Titanic, Peggy Ashcroft was 77 when she won Best Supporting Actress, and Jessica Tandy won an Academy Award at 80 for Driving Miss Daisy.


Grandma Moses (one of the most important self-taught artists of the 20th century) started her painting career in her seventies and Bill Traylor started drawing at age 83. In business Irene Wells Pennington became known in her nineties when she straightened out her husband’s oil business, Colonel Sanders started Kentucky Fried Chicken in his sixties and Taikichiro Mori founded his business in his 50s and is the richest man in the world.

So you think you’re too old to start anew? I think not!

1. Failure is part of success. Don’t avoid it. You need to fail in order to succeed. Every failure is one step closer to success. If failing is a problem for you, then change your mindset. The one percent fail- up and perceive failure as learning opportunities. Without learning opportunities, or practice, how can you get better? Many people are so afraid of failing that they spend their lives avoiding their gifts; or worse, they failed a coupled times and gave up because of it. For years I gave numerous speeches that went well. Then I gave one speech that bombed and it was so humiliating I froze, months later I had a meeting that didn’t go very well. Those two experiences sent me to Toastmasters where I learned how to give a speech.

2. Become extraordinary. Do what you say you’re going to do. Accept responsibility and criticism. Being extraordinary takes work. Go the extra mile. Go above and beyond. Do what the normal person won’t do…be the extreme! And learn what extraordinary people do, study them, learn from them. While at Toastmasters, I learned I had an issue with criticism and had to learn how to accept criticism, to thank the person sharing it with me and to understand that it wasn’t personal. This was an issue I had to learn how to deal with from a professional coach. So the point is that I went from one problem and solved it, to discovering another problem and solved it to back to the original problem. That is what extraordinary people do–they don’t give up. Ever. And when people tell them they can’t achieve something, they think to themselves, “watch this!” Extraordinary people never stop learning, and it’s not about how many letters you have after your name, or what you school you went to, it’s about continuous learning–and knowing that the more you know, the more you don’t know.

Be extraordinary, handle criticism with grace and dignity.

3. Study your successes Take out a yellow pad of paper. Write down your successes. What were you doing? What value did you bring? What are you really good at? What does everyone say you are great at? What’s staring you in the face? What is your gift? What and where have you repeatedly succeeded? Where is there a cross between extreme anger and happiness? That is passion.

4. Study your failures The one percent fail- up. Failures are learning opportunities. Without learning opportunities, you can’t get better. What have you learned? What patterns emerge? What did you do that could have done better? Use this time as a time to evaluate and learn. I have learned the most in my life from my failures—not from my successes. In the next post we’ll address structured achievement relative to goals that will address setting a weekly fear/dream goal.

5. Happiness is not the key to success. It is a choice. Money does not make you happy. I know people that have jobs they hate because of the money they make, relatives that are wealthy, miserable and alone. Money doesn’t fill your home with laughter and love. Money is nothing more than a by-product of your job. Success is a choice. Happiness is a choice. You choose to do the job your were hired to do and choose when and how to leverage that job into another. Life is a series of choices.

6. Trust yourself. Watch for the yellow lights or listen for the voice inside. If something doesn’t feel right, it isn’t. I call it, “validate and verify.” Check out what it is that your voice is telling you. Don’t rush. What is that yellow light? Generally, I count how many yellow lights I see in a situation and if I count more than three, it turns to a red light and I don’t move forward. It signals the requirement to have a conversation, and flags that something isn’t right. Every time I didn’t trust myself or ignored the yellow lights—mistakes were made.

7. What miracles have you created in your life? Go to a quiet place and on a yellow pad of paper, write out every miracle you have accomplished in your life. Everything you achieved or created that you never expected to and is a miracle in your mind. List every one. On an index card write down the ten that are mind blowing to you. You simply cannot believe you ever achieved that goal. This is only for you, it doesn’t matter how big or small it is. This is your Miracles card. I put myself through college; it’s a miracle I went and graduated. That is one of about 50 on my yellow pad. Save the back of the index card for the next assignment which is in the next post. Until then, when you get a little depressed one of the things you will do is look at your Miracles card and remind yourself that nothing is impossible.

8. Have the courage to self-reflect. It’s takes courage to reflect on your dreams, vision of how you want your life to be, who you want to be, how it is currently structured. The reality is that we structure our lives around other people’s constraints. Our dreams and our visions are bigger than the constraints around us. If those constraints are too much, you must be willing to ask yourself some dangerous questions.

Take an honest look at your own life. How much is your life in alignment with how you are spending your time and energy? You have to take responsibility to thrive and flourish wherever you are. Think of yourself as a social architect, you create the rules of the game. Whoever has the goal, makes the rules. You may decide that you need to change some of the dynamics in your life in order to get yourself to the next level. You may have to change some of the players and your environment. Have the courage to look at your life and make those decisions.

About the Author:

Ev Nucci is CEO of Nucci Consulting Group, a retained search firm that specializes in the asset management industry. She spent the last three decades building high performance organizations. She started 5 companies, worked as an executive for Johnson & Johnson where she was part of starting two divisions, then ran 15 operating companies, did a start-up for Baxter, started her own company which she grew to to be an industry leader and she sold five years later to the industry giant. In 1996, she founded NCG and leveraged her talent for building high growth organizations to Wall Street. In 1998, she started working with a small fixed income firm, by the name of BlackRock and spent the next ten years working with founders and they have grown into the largest asset management firm in the world. Most recently she served as a consultant and Director for Armored Wolf, LLC a global macro hedge fund. She has interviewed over 15,000 people over the last three decades.

Article Source: ArticlesBase.comLaid off? Out of work? Life is all about creating yourself!

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The Ever Changing Rules of Personal Growth 0

Posted on December 25, 2009 by admin

workforceI am currently visiting my parents for Christmas in my home town in The Netherlands, where I occasionally meet up with old friends while I am here. Yesterday, I met up with a very good friend of mine, and we started discussing our intentions for 2010, as New Year’s Eve is approaching. Besides the well-known health issues, and our intentions to do more sports, we had a long discussion about money. My friend had recently read a number of books and articles on career making and growing wealth in general, and his idea was that we had simply learnt many wrong things from our parents and relatives.

We are both from non-entrepreneurial families, and our belief of earning money is that of taking on a paid job, and earning one’s money through employment; in the end, this is what we had learnt from our parents our entire lives. In a sense, I can still hear my parents tell me to get a good education, work for a large and multinational company, work hard, and the rest will follow automatically, I can be assured of that.

Although this might have worked in the 1950′s (and I know it did, since this is what has made my parents pretty wealthy), they do not apply in the modern world. Young, well-educated men and women graduate from university, apply for jobs with titles bearing the word ‘manager’ in 80% of them, only to find out that the title “International Customer Relationship Manager” is virtually the same as “call-center clerk”. Additionally, a request for a salary raise during the annual review meeting is responded to by

You know the economic situation is a difficult one, and I will never be able to obtain approval from my superiors. You have done an extraordinary job, but 1.5% is the most I can give you.

1.5%? I am sure last year’s inflation was at least 2.5-3%.

The world’s globalization has simply brought countries closer together, more and more people have the opportunity to go to college or university, and corporations are simply faced with an increasing offer of well-educated employees on the one side, and on the other side the competition from companies from low-wage countries is increasing.

As we were talking yesterday, my friend made an extremely interesting point:

Who we are today is the result of our learnings and experiences in the past; What we do today will define who we are tomorrow. But how the hell does a person break out of the downward spiral of being a regular employee, if this is all he knows?

And let’s be honest: college and university will teach you everything about doing business and entrepreneurship, except for how to be one yourself. So, how does someone, who has been taught to deliver hard work through employment only, break this habit?

I believe it is not an easy task, with which many men and women are faced nowadays. The most feasible method for most people is to create an additional income, at the side of any regular income. A popular strategy is investing in stocks, stock options, futures, real estate, or any other form of investments. The anticipated income is firstly the growth of the investment value itself, second the yield it generates year after year. Additionally, many people attempt to earn a regular second income. Many people choose the internet as their preferred method, since the investments are extremely low. The boom in blogging sites is a great example of this phenomenon. Moneywise24 Personal Finance is also a blogging site following this example, but still it does not (yet) generate revenues. This is in itself the great challenge of starting up something online: you think you have a great idea and insight, thinking you are taking charge of your own life and ready to make a difference, only to find out that everyone else is already doing the same.

I believe the next ten or twenty years or so will be very exciting; we see that trends are coming and going fast, we are experiencing a growing competition on the international marketplace, we recognize that the old and proven methods for making a career do not work on-demand, and we are in search of new methods for achieving personal growth and development.

How it will end? I honestly do not know…

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Planning Early Retirement 1

Posted on December 16, 2009 by admin

retirementAuthor: Jim Roche NJ

“Flying by the Seat of Your Pants” might have worked just fine while you were employed, but ignorance or mistakes in early retirement planning can cost you dearly. Retiring early, choosing the wrong investments, withdrawing too much money or failing to plan for health-care costs can all turn your golden years to brass.

Although there is no guarantee you’ll avoid unpleasant surprises if you plan — but you can probably tip the odds in your favor. Here’s a checklist to get you started. (As you get going, your Retirement Planning can help you make sure the numbers add up.)

10 years out Think about where you’ll live. Demographic surveys show most retirees “age in place,” meaning they continue to live in the same house, or at least the same community, as when they retired. But downsizing or moving to a cheaper community can help your retirement assets last longer. Since where you live has a strong impact on your expenses, you’ll want to consider your options carefully.

The Sabols, for example, had equity worth more than $225,000 in their New Jersey home. If they sell and move to the Florida condo they own, they could add that equity to the $350,000 already saved in their retirement nestegg. If they stay put for a few years, by contrast, the Sabols would have to keep paying their mortgage and other home expenses — a difference of $2,000 or more in their monthly costs.

Imagine what you’ll do. Some people don’t think about how they’ll spend their time in retirement until they wake up jobless. That’s a bad idea psychologically as well as financially.

Retirees who fare best are generally the ones who have absorbing interests to pursue, said Ralph Warner, the recently retired author of “Get a Life: You Don’t Need a Million to Retire Well” (Nolo Press). Those who wait until retirement often find themselves casting about for something to do, and may discover that the hobby or pastime they thought they would love isn’t quite so engaging when they can indulge it full-time. As Warner says, “There’s only so much golf you can play.”

Speaking of golf, your activities in retirement also influence how much money you’ll need. If you want to play the finest courses or travel the world, you’ll need to save more than if you like to play canasta and visit relatives.

Boost your retirement contributions. If you’re not already taking full advantage of your 401(k), IRA and other retirement options, now’s the time to increase your contributions. Use MSN Money’s Plan for your early retirement planning to see if you’re on track, and try your calculations using different life expectancies. Your chances of making it to age 90 or beyond have never been better; many financial planners now use age 95 as their default life expectancy.

Consider paying down your mortgage. If you still have some cash left over after paying off your other debt and maximizing your retirement contributions, think about getting that mortgage retired before you do. Having the house paid off helps many retirees sleep better at night. Not having a mortgage also means you may have to draw less from your retirement accounts, allowing them to grow tax-deferred longer and reducing your overall tax bill.

It is never to early to learn how to retire. Start today check with your employer to see if they offer any early retirement incentive programs. In the next installment I will cover retirement planning with 5 years to go before retirement.

Jim Roche of NJ has created The Early Retirement Planning Forum for you to visit join and post all of your early retirement planning tips as well as provide information and resources for those wanting to retire early, or just what is necessary for you to know how retiring early can become a reality. .

About the Author:

For More Information Contact Jim Roche NJ 908-413-5363 http://retireearly.thesavingshighway.com/ jimrochenj@gmail.com

Article Source: ArticlesBase.comPlanning Early Retirement

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The International Workplace and its Limitations 0

Posted on December 11, 2009 by admin

PrikkeldraadWe are so proud of the fact, that we are so international and the world is at our feet; the world has become so small, we can travel to anywhere in the world within 24 hours, live a few years in Asia, make a career in Europe, and then settle down perhaps in Brazil at the age of 55. Or are we?

A discussion I had with a friend of mine yesterday, actually demonstrates that we are proud of something that does not really exist. My friend comes from an Eastern European country, is well educated, and has worked for my company here in Germany for over a year as an intern. She has paid her taxes and her social security fees to the government. She is now almost graduated and looking for a full-time job, for which of course she would be more than happy to apply at the company I work for. However, the company is not showing the big enthousiasm to hire her.

The problem? She is not German. If the company has a vacancy, and a non-EU citizen applies for that position, the company has a legal obligation to keep the vacancy public for another 2 months, and then provide proof that no German candidate has applied for that position who could do the job (read: fulfills the absolute minimum requirements). As a result, corporations are very reluctant in hiring people, who would need a work permit, since the procedures are too long and too costly. This is not only a trend within the EU, but similairly it would just as well apply for a foreigner wanting to work in the U.S., Canada, Hong Kong, Japan, Singapore, Australia, or any country aiming at protecting its domestic labour force.

With my friend, we had come up with a perfect expression that explains this phenomenon:

The reason for countries to limit the domestic labour market to nationals of that country is a desparate attempt of the government to save the existing working conditions, knowing that they are not competitive on the international market place.

I think we still have a long way to go until we truly live in an international, bounderless world. And why shouldn’t we? If a person can contribute to a country or government, in a way that it pays taxes and fulfills its obligations, what should be the problem for that person to start working in a foreign country? Opening boundaries would mean a free flow of labour, but addionally it would also mean that enormous gap between countries will start to narrow down. In the long-run, this is a great benefit, but I believe that it is the transition period that everyone is affraid of.

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The Perfect Job Interview: 10 Do’s and Don’ts to Remember 2

Posted on November 23, 2009 by admin

Dearest readers, I presume that at least on a few occasions in your life you will be confronted with the job interview… at least I hope so. Your first one even might be already during high school or university, but as soon as you receive that valuable piece of paper, life is getting pretty serious; and hopefully it will not be the only job interview you will have in your life.

Some people might be naturally successful during a job interview; they understand the dynamics, the most important do’s and don’t, while some others simply don’t get to the point of getting the contract. I am not promising a bullet proof method for getting that contract, but there are a few simple things to remember before, during, and after the job interview, which may dramatically increase your chances. Below are 10 suggestions to give you on your way, but of course, if you feel that any important do or don’t was omitted from this article, I am very much looking forward to your comments.

#1: Do dress to sell

You are a salesperson, you are selling all of your knowledge and a specific amount of time to a corporation. In a sense, you are a company yourself. Therefore, dress like a business person. I feel each and every man or woman should have at least one very official business outfit readily available. Even if you know, that the company has a very informal style, it does not mean you can show up in jeans during the interview. Make sure your hair is neatly cut, groom well, smell well, and simply be the person for the job.

#2: Do not assume everything will go with the flow

Prepare well for the interview. Each company and business culture has its own set of rules, but there are a few things which reoccur over and over again. These include questions such as “tell me something about yourself”, or “where do you see yourself in 5 years time?”. Buy a book on job interviews, and study the most common questions, prepare the answer well, so that you instantly know how to answer a question when it is asked.

#3: Do your homework on the company well

One of the most embarrassing situations you might get into is to ask a question, which is obvious or which you should have known. Therefore, always research the company before the interview. Where does the company have offices?Which are their business units? How many employees do they have? How much turnover did they have last year? What is the current price of their stock?

#4: Do not fidget

Everyone is nervous during the job interview, but it is also expected that one can control his/her nervousness up to some degree. Therefore, try not to fidget with things like a pencil, or your hands. Be cool.

#5: Do show confidence

Being confident is very powerful. It means walking up straight, with the shoulders relaxed and slightly pushed backwards. When seated, lean in and show interest in the topic, look your counterpart(s) in the eyes frequently, but without creeping them out. Always have a block note and a pen readily available to take notes if necessary.

#6: Do not lie

Selling yourself means putting yourself in the spotlight in the best possible way, but without lying. For example, if you are taking a Chinese course since a month or two, you may tell your counterpart that you speak Chinese, and that you have the potential to be put on China-relevant projects in future and grow to a more prominent position within the company. However, telling your counterpart that you speak Chinese fluently would be merely lying. Any lie will most probably be revealed sooner or later, and the result is usually immediate termination of the contract.

#7: Do engage in small talk

Small talk is a powerful tool to get to know your counterpart a bit better on a more social level. Moreover it is a powerful instrument to build a more personal connection. Give your counterpart the opportunity to start the small talk, and engage in it actively. You may also ask your counterpart a few questions. However, be careful not to become too personal. Typical small talk topics to start with are the weather or whether you had a good trip. Avoid any topics which involves strong personal opinions, such as politics, religion or sexuality.

#8: Do not talk more than you have to

Nervousness often causes a person to say more than is necessary. Some employers may use this against you by simply remaining unresponsive after you have finished answering. It is not uncommon, that the silence is so discomforting to the applicant, that the applicant starts elaborating his answer even further, and therewith sharing information which he never intended to share. The best way to cope with this is simply to keep your mouth shut, and keep the silence. After half a minute or so, you may ask something like “do you have any more questions?”.

#9: Do have one or two questions available for the end of the interview

As a future employee, you really want to demonstrate that the position and company interests you. Therefore, you will want to ask a few questions. Personally, one standard question I use is “why do you enjoy working for company xyz?”. This will give me some personal information how my counterpart sees the company, and it is information which is not likely to be found somewhere publicly.  Best is to write your questions down on your note block, that you should have with you, and put it on the table during the interview. The benefit of doing this is, that even if your questions are automatically answered during the interview, you can still show that you have given a thought about it. You can even state that you had for example written three questions down, which have been answered already. Again, referring back to #3, do not ask questions that you should already have known.

#10: Do not expect everything to go automatically

Once the job interview is over, thank you counterpart, and make an arrangement of when you will hear a result, or at least further information. The company should generally stick to that. If not, give them perhaps two more days time, and then call the person you had the interview with to inquire about it. Some companies might even use this as a test, in order to see how bad you want the job and how persistent you are. Always remain active, not passive.

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