Business

Putting Your Career in High Gear

When everything inside of you cries out that you can reach your goals, often it is time to make your goals more challenging

Published

2 years ago

August 23, 2021

Jeff Davidson

As you progress in your career, the goals and aspirations that you had during earlier years often don’t match the ones that you now have. You might seek to take on more responsibility at work and to be paid more for your services.

More Challenging Goals

Here is an issue which is subjective and simply isn’t the same for everyone, yet there are common indicators that point to the right times to ‘up’ your goals

If you’ve achieved some of your challenging goals in a fraction of the time you originally allocated, that’s a indication that you could set even more challenging goals, or keep them the same, but decrease the time frame for reaching them.

Chip Eichelberger, formerly Tony Robbins’ International point man, has been a motivational speaker to 1000+ groups. He says that as your competence and expertise develop, and the ease with which you perform compared to others in your profession or industry is notable, that is as good a sign as any that it’s time to make your goals more challenging. Some notable examples will bring this topic to life.

Oh, Oh, Oh, It’s Magic

When Michigan State sophomore Magic Johnson won the NCAA basketball crown in 1979, he entered the NBA and became the starting guard for the Los Angeles Lakers. Among many other rookie stars that year, he sought to make his mark in the pro leagues, and be a major contributor to his team.

During his first season, he received rave notices for his passing ability and leadership skills. During the NBA finals that year, against the Philadelphia 76ers, when All-Star center Kareem Abdul-Jabbar was forced to miss the sixth and deciding game because of injury, Magic Johnson filled in at the center position.

In an amazing performance, he scored 42 points and was named the finals MVP. As his Lakers team was crowned NBA champions, it was apparent even in his rookie season, that one championship for Magic wasn’t going to be enough. Any earlier goals he might have had regarding his performance, how the Lakers would fare, and what kind of champions they might be, suddenly became outdated.

Consumer Advocacy Redefined

Ralph Nader had been a one-man crusader for consumer rights in the middle of the last century. In the early 1960s, when he challenged the automobile industry through the court system and with his book, Unsafe at Any Speed, he was quickly hailed as a consumer advocate par excellence. The book, which went on to become a bestseller, documented the known risks and engineering shortcomings of the nation’s most popular selling cars.

Whatever goals Nader had as a consumer advocate, following his sparkling victory in compelling the auto industry to increase its safety standards, soon became surpassed. Nader realized that one well-presented jury case was more impactful than 10,000+ protesters clanging on fences outside of General Motors headquarters.

Not resting on his achievements, Nader initiated the Public Interest Resource Group (PIRG), which ultimately launched a branch in every state. He founded Common Cause, an organization and national magazine directed at illuminating the practices and procedures of special interest groups, in particular, when they ran contrary to the “common causes” that benefitted so many more people.

After that, Nader became an unbowed advocate of environmental protection. He exposed corporate and multinational interests that appeared to act contrary to the wants and needs of larger society. In perspective, Nader’s whole career was one of choosing goals, and then by enlisting the dedication and support of legions of followers – primarily volunteers, making his goals even more challenging.

When everything inside of you cries out that you can reach your goals, and achieve even more, it is an appropriate time to make your goals more challenging.

From His Dorm Room

Michael Dell is the founder of Dell computers. As you might know, when he launched his company decades ago, it was from his college dormitory room! At many junctures throughout his career, in his 20s, 30s, 40s and now 50s, he has upped the ante in terms of the goals he has chosen.

Today, this multimillionaire many times over sponsors one of the contests on the PGA golf tour, the Dell Technologies Championship. Dell has said that you don’t have to be a genius or visionary, or even a college graduate to be successful. “You simply need a framework and a dream.”

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Related Topics:aspirations career challenge Dell Featured goals Magic Nader

Jeff Davidson

Jeff Davidson is the world's only holder of the title "The Work-Life Balance Expert®" as awarded by the U.S. Patent and Trademark Office. He is the premier thought leader on work-life balance, integration, and harmony. Jeff speaks to organizations that seek to enhance their overall productivity by improving the effectiveness of their people. He is the author of Breathing Space, Simpler Living, Dial it Down, and Everyday Project Management. Visit www.BreathingSpace.com for more information on Jeff's keynote speeches and seminars, including: Managing the Pace with Grace® * Achieving Work-Life Balance™ * Managing Information and Communication Overload®

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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

1 month ago

May 9, 2023

Chris Widener

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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.