As your business depends on YOU Inc. – you are the crucial factor in your success. The question is: “Do you want to develop your skills and knowledge within this booming industry, to achieve more than you currently are with perhaps less stress and effort?”
“Live as if you will die tomorrow, learn as if you would live forever” – Ghandi
Endless opportunities abound in this unlimited income vehicle, yet most people fail to ….
Lifestyle is a very personal thing – luxury living for one is a modest lifestyle option for another. However, choosing the lifestyle you want and financially funding it are two very different things. People everywhere live the life they can afford – throughout your life, if you want a more salubrious lifestyle, you have to save more or have more. It’s the same in retirement.
So have you secured or prepare for the retirement lifestyle you desire?
According to a new white paper released by REST Industry Super in January, 2014, only 14 per cent of Australian Baby Boomers feel financially prepared for retirement. What is even more disturbing is that despite those people ‘feeling financially prepared’, the survey revealed an astounding 49 per cent of singles and 61 per cent of couples have totally underestimated how much they would need to fund a ‘comfortable lifestyle’. Of the 1200 people involved in the survey, 51 per cent say they feel they are somewhat prepared financially and a further 35 per cent saying they are completely unprepared.
”What we found is some sizeable gaps between what Baby Boomers are envisaging as funds required for their retirement and what the reality will be,” said REST CEO Damian Hill. Read More
Different people can have quite different motivators, for example, by more money, more recognition, time off from work, promotions, opportunities for learning, or opportunities for socialising and relationships. Therefore, when attempting to help motivate people, it’s important to identify what motivates each of them. Ultimately, though, long-term motivation comes from people motivating themselves.
Often the biggest problem people have with achieving their goals – new resolution‘s included – is getting started. It seems that Sir Isaac Newton got it right with his First Law of Motion: Bodies at rest tend to stay at rest. Many people just can’t seem to get underway and as a result they simply don’t take action.
So, what does it take to get started? One easy way is to have someone light a fire under you—“if you don’t do X, by such and such a time, you’re fired”—or you light one under yourself. (“I am not going to sleep tonight until I have taken a first step toward finding a new job.”)
The problem with lighting a fire under yourself (or having it lit for you) is that eventually your backside gets burned. Read More
Risk is a word that regularly gets aired in arguments about business. We hear a lot of talk about risky work, about financial risk and people taking risks, about the need to mitigate risk and about the current economic environment making many individuals and organisations more risk averse. Is what we offer a ‘risky business’?
The answer to this question is particularly pertinent for budding entrepreneurs, many of whom are struggling to reach and engage with new business and new partners, and do it on an ever reducing budget.
Many of those entrepreneurs are struggling to get a foothold, just like this ice climber; struggling to get to the top, to make their mark, to be their own boss. What’s even more unfortunate is that many are seeing most things on offer nowadays as a risky business, so I thought this topic worthy of discussion. Let me know your thoughts . . .
