Business

Break Free from Your Electronic Shackles

You owe it to yourself to have quiet, uninterrupted stretches throughout the day

Published

2 years ago

November 16, 2021

Jeff Davidson

As the end of 2021 draws near, it’s as good a time as any to reassess our relationship with our personal technology. I encounter career professionals in all types of endeavors who cannot bear to be away from their smart phones or mobile devices for any protracted period. Their fear is the risk of missing a vital call, one that could lead to, say, a huge business contract.

Today nearly everybody proceeds as if they are constantly at risk of missing out on something by not being near their smart phone or other communication device. Sadly, such individuals can’t consistently muster the concentration levels necessary to executive their tasks. The notion of being immersed in a project with no possible distractions is seemingly out of the question. This mind set represents irrational thinking for many reasons.

Jumping for Every Call

On most days, most of the time, no call is coming that is so critical that you have to be attuned to commutation devices around the clock. Even when a big opportunity comes your way, if you position your business correctly, you don’t need to be overly concerned with having to answer the phone call or the inquiry the moment it comes.

Establishing notable differentiation in what you offer in your target niche increases the probability that callers and inquirers who are seeking your product or services will not abandon ship merely because you weren’t available the first moment they made contact. Indeed, my entire career, as a professional speaker has been based on this concept.

When someone calls my number to book me for a speaking engagement at their conference or convention, fortunately, they usually are calling because they want me in particular. I hold the registered trademark as “The work life balance expert” and have established this niche over the last 24 years.

Typically inquirers are not seeking a “time management speaker” or a “stress management speaker,” although on occasion that does happen. My strategy has never been to be perceived as a rank and file time management or stress management speaker. The inquirers I receive invariably are from those people who wanted something different and, in particular, wanted me.

Differentiate or Die

Likewise in your business, or in your career, when you differentiate what makes you unique and or better than the competition, the obsession with being available the moment anybody inquires vanishes.

Suppose you haven’t clearly differentiated your product or services. Even then, you don’t have to be totally attentive to smart phones and mobile devices around the clock. You merely need to establish a trade-off between the times when it makes sense for you to concentrate on the task at hand, versus those times when you are available to all inquiries.

Especially for entrepreneurs in solo or small companies, you can offer automated or posted messages that tell inquirers the best times to reach you. Most people can understand and respect that. Yes, there will be instances when the inquirer goes on to the next party down the list and you lose that opportunity. That, however, cannot be the rationale for your being a slave to communication technology around the clock.

A Lost Prospect Equals Death?

Years back in a course I attended, the instructor said that if you’re in sales, for example, and you’re overly focused on making this one sale, you won’t be at your best. The prospect can feel your anxiety. Why would you be so anxious about this sale? The presenter said, too many people unconsciously contemplate a string of potential disasters. If they don’t make this sale, they might not make quota and their income will suffer. By not having considerable earnings, they may have to do without. Their spouse might be upset. Their children might starve.

If other sales prospects fall through, they could lose they could be in dire financial straights. They could lose their home. They could imperil their company. As a result of this, they might fall ill. They might not have the funds to take care of themselves, and then they might die.

In other words, amazingly, many sales professionals, as well as entrepreneurs and executives in a wide variety of companies, approach a current opportunity with the subconscious mind set that if they are not successful at this particular juncture, it leads to death.

The Larger Toll

Missing an opportunity is not the end of the world, even missing a large contract because the inquirer went to the next party on the list. Conversely, what is the toll taken on you for being available 24/7? How effective have your solutions been clients when you are not able to focus on the task at hand, offer your complete and undivided attention, and hence do you best work?

As we proceed into an ever faster future of greater technological capability, the risk of missing something important versus being able to do our best work will become a larger issue. It’s vital to establish parameters now as to when we will maintain “an open door policy” of being accessible via electronic communication, and when we will safeguard our ability to focus and concentrate by removing or at least limiting any such intrusions.

You owe it to yourself to have quiet, uninterrupted stretches throughout the day and the week when you can think, evaluate, and make the kinds of decisions that propel your company forward.

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This Three Pronged Plan to Overthrow America is Nearly Complete

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3 weeks ago

May 17, 2023

Chris Widener

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The left has long worked to overthrow America and all that it stands for. They have been working at it since early in the 1900’s and it took up more speed in the late 60’s and early 70’s with the rise of the radical left. PolitiCrossing founder Chris Widener explains the three-pronged attack and how it is almost complete, as well as the only things we can do to save ourselves and this country we love.

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SAVE YOURSELF: Is This The Surefire Way to Protect Your Money in the Inevitable Financial Meltdown?

Decentralized finance (DeFi) has emerged as a revolutionary technology.

Published

4 weeks ago

May 9, 2023

Chris Widener

Don’t miss Rich Dad Poor Dad’s Robert Kiyosaki in this absolutely free webinar: The Coming Financial Tsunami. Learn how to protect yourself and your loved ones. Click here NOW to register!

CAN DECENTRALIZED FINANCE BE THE WAY TO SAVE YOURSELF AND YOUR FAMILY FROM MELTDOWNS AND TYRANNY?

Decentralized finance (DeFi) is built on the blockchain, which offers a wide range of financial services without the need for intermediaries such as banks or other financial institutions. DeFi has emerged as a popular alternative to traditional finance, offering a more open, transparent, and decentralized financial system. In this article, we will explore why DeFi can protect you from a coming financial meltdown and from tyrannical governments.

DeFi is built on the blockchain, which means that it is inherently decentralized. This means that there is no central authority controlling the system, and all transactions are verified and validated by a distributed network of nodes. This makes the system more resilient and less vulnerable to attack or manipulation. Unlike traditional financial systems, where central authorities have the power to manipulate the system, DeFi is designed to be transparent and immutable.

One of the main advantages of DeFi is that it offers greater financial freedom and control to users. DeFi allows users to access a wide range of financial services without the need for intermediaries. This means that users can transact directly with each other, without having to go through banks or other financial institutions. This gives users greater control over their finances and reduces the risks associated with centralized financial systems.

Another advantage of DeFi is that it is highly transparent. All transactions on the blockchain are public and can be verified by anyone. This means that there is no room for fraud or manipulation, as all transactions are visible to all participants in the network. This level of transparency is not possible in traditional financial systems, where transactions are often opaque and difficult to track.

DeFi also offers greater security to users. Transactions on the blockchain are secured using cryptography, making them virtually impossible to hack or manipulate. This means that users can trust the system, knowing that their funds are secure. Traditional financial systems, on the other hand, are often vulnerable to cyberattacks and fraud, which can result in significant financial losses.

Don’t miss Rich Dad Poor Dad’s Robert Kiyosaki in this absolutely free webinar: The Coming Financial Tsunami. Learn how to protect yourself and your loved ones. Click here NOW to register!

Furthermore, DeFi is designed to be more inclusive and accessible to everyone. Unlike traditional financial systems, which often have high barriers to entry, DeFi is open to anyone with an internet connection. This means that people who are unbanked or underbanked can access financial services that were previously unavailable to them. This inclusivity is important because it helps to reduce financial inequality and promotes greater financial inclusion.

Finally, DeFi is more resilient than traditional financial systems. DeFi is built on a decentralized network of nodes, which means that there is no single point of failure. This makes the system more resilient to attacks and more resistant to financial meltdowns. In traditional financial systems, a single point of failure can have catastrophic consequences, as we saw in the 2008 financial crisis.

DeFi is a new and exciting financial system that offers a wide range of benefits over traditional finance. It is transparent, secure, accessible, and resilient, making it an attractive option for people who are looking to protect themselves from a coming financial meltdown. While DeFi is still in its early stages, it has the potential to transform the world of finance, offering a more open, transparent, and decentralized financial system for everyone.

SEVEN BENEFITS OF DECENTRALIZED FINANCE

Decentralized finance (DeFi) has emerged as a revolutionary technology that enables individuals to conduct financial transactions without the need for intermediaries such as banks or financial institutions. DeFi uses blockchain technology, which provides a transparent and secure way of conducting financial transactions. In this article, we will discuss the benefits of decentralized finance, along with a brief overview of crypto and blockchain.

Overview of Crypto and Blockchain

Crypto refers to digital currencies that use cryptography to secure financial transactions and control the creation of new units. Bitcoin, which was created in 2009, is the most well-known cryptocurrency. It is based on blockchain technology, which is a decentralized ledger that records transactions in a transparent and secure manner. Blockchain technology provides a secure and tamper-proof way of recording transactions, making it ideal for use in financial transactions.

Benefits of Decentralized Finance

Lower Transaction Costs

Decentralized finance provides a cost-effective way of conducting financial transactions. Traditional financial systems are often plagued by high transaction costs, which are passed on to customers. DeFi eliminates the need for intermediaries, which means that transaction costs are significantly lower. This makes it easier for individuals to access financial services and reduces the barriers to entry for new players in the market.

Greater Accessibility

DeFi provides greater accessibility to financial services, particularly for individuals who are unbanked or underbanked. In many parts of the world, people do not have access to traditional banking services due to various factors such as lack of documentation, poor credit history, or living in remote areas. DeFi provides a way for these individuals to access financial services using only a smartphone and an internet connection. This has the potential to increase financial inclusion and reduce poverty.

Increased Transparency

One of the main benefits of blockchain technology is its transparency. Transactions recorded on the blockchain are publicly visible, making it easier to trace the flow of funds. This provides a level of transparency that is not possible with traditional financial systems. Decentralized finance leverages this transparency to provide greater accountability and reduce the risk of fraud. This makes DeFi a more secure and trustworthy way of conducting financial transactions.

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More Control Over Personal Data

Traditional financial systems often require individuals to provide personal data such as name, address, and social security number. This data is stored by banks and financial institutions, making it vulnerable to hacks and breaches. DeFi provides individuals with more control over their personal data by using self-sovereign identity solutions. These solutions enable individuals to control their own data and share it only with the parties they trust.

Greater Flexibility

Decentralized finance provides greater flexibility in terms of financial products and services. Traditional financial systems are often rigid, with limited options for customers. DeFi provides a range of financial products and services, including loans, savings accounts, insurance, and investment products. This gives individuals greater flexibility to choose the financial products and services that meet their specific needs.

Faster Settlement Times

Blockchain technology enables faster settlement times for financial transactions. Traditional financial systems often require several intermediaries to process transactions, which can take several days. With DeFi, transactions are processed directly on the blockchain, which means that settlement times can be as fast as a few seconds. This provides greater convenience for customers and reduces the risk of errors and delays.

Reduced Counterparty Risk

Traditional financial systems often involve counterparty risk, which is the risk that one party will fail to fulfill its obligations in a financial transaction. DeFi eliminates counterparty risk by using smart contracts, which are self-executing contracts that automatically execute when certain conditions are met. This provides greater security and reduces the risk of fraud and default.

Conclusion

Decentralized finance is a revolutionary technology that has the potential to transform the financial industry. By eliminating intermediaries, increasing accessibility, increasing transparency, providing more control over personal data, offering greater flexibility, enabling faster settlement times, and reducing counterparty risk, DeFi provides numerous benefits that traditional financial systems cannot match. As DeFi continues to evolve, it has the potential to create a more equitable and inclusive financial system that benefits individuals and communities around the world.

The information provided in this article is for educational purposes only and should not be construed as financial or investment advice. Investing in decentralized finance (DeFi) and cryptocurrencies involves risk and may result in significant financial losses. Readers are advised to conduct their own research and seek the advice of a financial professional before investing in DeFi or cryptocurrencies. The author and publisher of this article are not responsible for any losses incurred as a result of investing in DeFi or cryptocurrencies.