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Archive for category: First Sun Blog

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#Leadership : How To Push Back (And Stop Being So Nice!)… Too Much Niceness can Become a Vice. Rocking the Boat Can Be Risky, But No Less than Being Too Agreeable.

July 9, 2015/in First Sun Blog/by First Sun Team

I like Nice People. Who Doesn’t, Right? But, Like Every Virtue, Too Much Niceness can Become a Vice. Of course, Being Agreeable, Affable & Amenable is Often a Great Thing, helping you to Build Trusting & Rewarding Relationships. Likewise, no-one likes someone who is forever forcing their opinion, constantly argumentative and overly demanding. However, if you’re not willing to push back from time to time, you can find yourself feeling increasingly resentful, frustrated and not accomplishing what you want. Or to put it simply – rocking the boat can be risky, but no less than being too agreeable.

shooting-fingers-3

When I look back on the not-so-pleasant experiences in my career and life, on every single occasion I can identify where I held back from confronting an issue when I shouldn’t have because I was afraid someone might think I was being difficult, hard to get along with, uncooperative or pushy. I was trying to be a nice person—agreeable, easy to work with. Alas, I was trying too hard.

I like nice people. Who doesn’t, right? But, like every virtue, too much niceness can become a vice. Of course, being agreeable, affable and amenable is often a great thing, helping you to build trusting and rewarding relationships. Likewise, no-one likes someone who is forever forcing their opinion, constantly argumentative and overly demanding. However, if you’re not willing to push back from time to time, you can find yourself feeling increasingly resentful, frustrated and not accomplishing what you want. Or to put it simply – rocking the boat can be risky, but no less than being too agreeable.

If all you ever do is “go along to get along” you will sometimes diminish yourself and deprive others of the impact you would make by speaking up and putting forward your opinion, even if it ruffles the odd feather. Sure, there’ll be people who won’t always agree with you. Some may think you’re being a pain in the butt. Criticism and confrontation may ensue. However, in today’s workplace where “yes-men” are plentiful, those who are willing to speak their mind—courteously, but candidly—not only add more value, but become more valued by those around them. As Margaret Thatcher once said, “If you set out to be liked, you will accomplish nothing.”

There is both an art and a science to knowing how to push back without coming across as pushy. Here are a five ways to help you do just that.

Don’t Make People Wrong

If you’ve ever had someone challenge your opinion, even gently, you’ll have experienced how quickly it can raise your defenses, even when you know you aren’t being personally attacked. Likewise, if what you have to say may be threatening to others, be very clear in distinguishing between the opinion you’re pushing back against and the person who holds it.

When people perceive that you’re trying to put them down or lay blame, they instinctively go into combat mode. No one wins when either perceives that the other is out for blood. So instead of saying ‘yes, but …’, say ‘yes, and …’ The former may come across as combative while the latter acknowledges their view as valid and invites further discussion.

 

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Inquire Before Advertising

We all like to think our way of seeing things is the right way. So before you try to convince someone otherwise, take time to understand how they came to see things as they do. This moves you from advocating for your opinion to inquiring about theirs. When people sense you’re genuinely trying to understand their perspective, they become more receptive to yours.+

Start With What You Both Care About

Whether it’s a mutual concern for the bottom line or the state of your relationship, make sure you frame your opinion in the context of what you both care about. That way, people won’t see you as arguing against them as much as trying to work with them to create a better outcome. It can subtly shift the emotional space from being combative to collaborative.

Arm Yourself With Solutions, Not Complaints

It’s easy to complain. It’s why so many people excel at it. It’s not so easy to find a practical solution that takes care of everyone’s (not just your own) concerns. So whenever you can, come armed with a suggestion to address the issue along with examples of where your idea has worked for others. Since most people tend towards risk-averseness, sharing how others have been successful in similar situations can lessen misgivings and increase buy-in. If you have no solution, then enlist their support in finding one.

Know When To Let It Rest

You won’t always get others to see things your way so know when it’s time to let it go and move on. At least now people know where you stand and you can either accept things as they are or make other plans. Either way, you’ll have built self-respect for making a stand and likely also earned the respect of those you challenged for the courage it took you to do so.

Saying something that rubs against the consensus opinion can cause friction. However, as I wrote in Brave: 50 Everyday Acts of Courage To Thrive In Work, Love and Life, being too agreeable when you need to speak assertively can put your self-respect at risk. Where is your fear of rocking the boat (and being regarded as bossy, or pushy, or even difficult to get along with) keeping you from speaking up more bravely?

Margie is a keynote speaker & bestselling author. Get her latest book Brave & take the Train The Brave Challenge. 

 Facebook  Twitter LinkedIn

Forbes.com | July 8, 2015 | Margie Warrell 

https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg 0 0 First Sun Team https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg First Sun Team2015-07-09 11:57:032020-09-30 20:56:03#Leadership : How To Push Back (And Stop Being So Nice!)… Too Much Niceness can Become a Vice. Rocking the Boat Can Be Risky, But No Less than Being Too Agreeable.

#Strategy : 24 Tips That Will Make you More Powerful…Power is “The Measure of the Degree of Control you have Over Circumstances in your Life & the Actions of the People Around You.”

July 9, 2015/in First Sun Blog/by First Sun Team

“It is a Skill That is Developed by a Deep Understanding of Human Mature, of What Truly Motivates People, & of the Manipulations Necessary for Advancement & Protection.” – Robert Greene, author of “The 48 Laws of Power,”

First Sun Success Series

To acquire power, it’s important to first understand it. Robert Greene, author of “The 48 Laws of Power,” has some insight.

Power is “the measure of the degree of control you have over circumstances in your life and the actions of the people around you,” Greene tells Business Insider. “It is a skill that is developed by a deep understanding of human nature, of what truly motivates people, and of the manipulations necessary for advancement and protection.”

 

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We’ve collected some of Greene’s best tips on how you exert influence over others in the graphic below.

24 tips to make you more powerful graphic

 Businessinsider.com | July 8, 2015 | SKYE GOULD AND RICHARD FELONI

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#Strategy : We’re About to Find Out Just How Bad Corporate America’s last 3 Months Really Were … Earnings Season is Upon us, & It is Not Expected to be Pretty. To Get You Ready for the Season, Here are 6 Things to Look out For.

July 8, 2015/in First Sun Blog/by First Sun Team

After the closing bell on Wednesday, aluminum giant Alcoa will report second-quarter earnings, unofficially kicking off reporting season. In the first quarter, S&P 500 earnings grew 1.9% and revenues fell 3.2% year-over-year, according to RBC Capital Markets’ scorecard.

Bull peeking

Arko Datta/Reuters

And so the earnings recession that some analysts predicted failed to materialize. But that doesn’t mean the second quarter is expected to be good.

According to Factset, analysts are not expecting earnings growth until Q4 2015, and no revenue growth until Q1 2016. And ahead of second-quarter-earnings season, expectations are that overall S&P 500 earnings will actually be lower than they were in the first quarter.

To get you ready for the season, here are six things to look out for.

 1- Once again, earnings expectations have plunged into the season.
Once again, earnings expectations have plunged into the season.

Morgan Stanley

Morgan Stanley analysts say forecasts are too low, meaning that results will “show modest upside.”

Analysts are expecting earnings per share (EPS) growth of -3.8% — now the lowest estimate of the year, according to Barclays. The energy, consumer staple, and industrials sectors are expected to report falling EPS, but healthcare, financials, and consumer discretionary will be the highest.

Barclays noted that industrials have seen the biggest downward revisions due to the economic slowdown in Q1. And analysts have raised energy-earnings estimates the most because of the rebound in oil prices.

 

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 2- But the energy sector is not out of the woods yet.

The fallout from the oil crash is not over, and earnings for the energy sector are projected to fall 63% year-over-year according to RBC Capital.

The sector could drag down S&P 500 growth by as much as 8%, they estimate.

3- The dollar will continue to be a big theme.

The strong dollar has been one of the big drags on company sales in the last two quarters. Its rally slowed down in the second quarter, but it was much stronger compared to a year ago.

Here’s how Factset breaks it down: “In the year-ago quarter (Q2 2014), one euro was equal to $1.37 dollars on average. For Q2 2015, one euro was equal to $1.11 dollars on average. In the year-ago quarter (Q2 2014), one dollar was equal to $102.10 yen on average. For Q2 2015, one dollar was equal to $121.42 yen on average.”

According to Barclays, the translation effect could be larger than ever this season, especially because a greater share of S&P 500 sales now comes from outside the US.

 

4- More buybacks are coming.

More buybacks are coming.

Barclays

Although Goldman Sachs calls them a “questionable use of cash,” share buybacks have been exploding in 2015. They hit a record in February.

Companies like to announce share purchases with their earnings results, and Barclays expects even more this season, noting that buybacks tend to help stocks outperform.

5-  Companies will shed more light on the strength of consumer spending.

To start the year, consumers didn’t splurge their savings from lower gas prices, confounding economists. However, personal spending recently rose to a six-year high, and consumer confidence is around its highest levels of 2015.

Economists are again optimistic, and, during this earnings season, companies could provide more color on just how much of a comeback the consumer is making.

6- Look out for mentions of Greece, but don’t expect much.

“While we do not believe exposure to Greece is meaningful, exposure to Europe is,” Barclays strategists wrote. “Europe is the second-largest market for S&P 500 companies. We estimate Europe accounts for approximately 10% of sales for the S&P 500.”

http://www.businessinsider.com/q2-earnings-season-preview-2015-7?op=1#ixzz3fJ9WVb25

https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg 0 0 First Sun Team https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg First Sun Team2015-07-08 13:57:452020-09-30 20:56:04#Strategy : We’re About to Find Out Just How Bad Corporate America’s last 3 Months Really Were … Earnings Season is Upon us, & It is Not Expected to be Pretty. To Get You Ready for the Season, Here are 6 Things to Look out For.

#Leadership : How To Lead When You Aren’t The #Leader … Leadership is an Attitude, Not a Title. Here are 7 Leadership Characteristics that you Can Adopt Even If you Just Joined the #Workforce or are an Individual Contributor.

July 8, 2015/in First Sun Blog/by First Sun Team

True Leadership is Not about Rank or Job Titles. It’s an Attitude. It’s Way of Doing What You Do. Having a perspective that extends way beyond the list of tasks on your daily do-list will help you demonstrate your leadership even if you don’t have the title.

I was recently coaching a group of young professionals who work for one of my clients in New Jersey. I was helping them analyze their360Reach personal brand survey reports (disclosure: 360Reach is a product of my company, Reach Personal Branding) so they could understand how they are perceived by those around them. Many in the group saw themselves as leaders, yet their external feedback clearly classified them as “doers.” One of the participants asked, “How can you be seen as a leader when you don’t have a leadership title?” The results of our discussion were eye-opening.

Lead leadership

Leadership is an attitude, not a title. Here are 7 leadership characteristics that you can adopt even if you just joined the workforce or are an individual contributor.

1. Take carefully calculated risks.

Doers go along with what’s said and accomplish tasks. Leaders are willing to take on the hard problems – those that most people avoid. They are willing to speak out rather than go along with something they feel will be a mistake. They see the big-picture implications of what they are doing and seek to understand its impact. This means being strategic and looking at all sides of an issue and the consequences of various actions. Sometimes it means questioning authority – in a positive and respectful way – or bringing up important issues that are seemingly unrelated to the task at hand.

2. Acknowledge others.

Leaders don’t wait to receive gratitude; they freely bestow it upon others – thanking their peers, subordinates and managers. They publicly express appreciation, and they recognize others for their contributions. You don’t need a management title to give kudos to your peers. Being willing to share praise and spread the spirit of positivity will make you stand out. You’ll be acknowledged as someone who sees the importance of positive feedback in motivating and engaging others.

 

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3. Initiate.

Leaders are proactive and self motivated, and they do things without being asked or told. By maintaining a perspective on the ultimate mission, they identify needs, and they act to fulfill these needs without waiting for management direction. They don’t like the status quo. They pursue best processes, innovate and make recommendations that have an impact beyond the scope of their role.

4. Exude optimism.

Leaders stay above the fray and don’t get mired in blame, negativity or office gossip. They remain focused on what’s important and wear their can-do attitude proudly. Positivity is attractive – and it’s differentiating in some corporate environments. Smile, exude your can-do attitude, surround yourself with other positive people and steer clear of Debbie Downer.

5. Think outside the hierarchy.

Leaders think beyond their role, function and department. They have a keen interest in what’s happening in product development even if they work in finance. They engage with others throughout the organization. They volunteer to be part of multi-disciplinary teams. You can put this approach into action by offering to contribute to a corporate-wide initiative, or better yet, by identifying an initiative – something that will be valuable to the company – and taking the lead role. I spoke with one self-described newbie who offered to lead a “go-green” initiative – first for her team, then for her department, then for the office, then for the entire organization. She quickly became known as a leader.

6. Demonstrate leadership outside your job.

Leadership skills are useful well beyond the typical 9-5 workplace (not that 9-5 describes the workday of today any more!). Take on leadership roles in professional associations and causes. Volunteer to lead the next team outing or event. Hone and demonstrate your leadership skills through your commitment to a social cause that moves you. Leadership is not needed just in traditional work environments.

7. Mentor others and reverse-mentor superiors.

You don’t need a long title to make a difference in the professional lives of others. Provide a training course, coach your peers or lead a lunch ‘n’ learn. If your company has a mentoring program, let HR know you are interested in serving. If there isn’t one, start one (either officially or unofficially). Reverse mentoring is another visible, practical way to show your leadership skills to someone senior to you.  For example, if you are an expert in social media, and you know that the leaders in your organization are clueless when it comes to social media, offer to support them. It’s a powerful way to get on the radar of leaders.

True leadership is not about rank or job titles. It’s an attitude. It’s way of doing what you do. Having a perspective that extends way beyond the list of tasks on your daily do-list will help you demonstrate your leadership even if you don’t have the title.

Learn more about your personal brand. Download my complete list of 50 eye-opening questions to ask yourself when uncovering your brand here.

Forbes.com | July 8, 2015 | William Arruda

 

 

 

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https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg 0 0 First Sun Team https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg First Sun Team2015-07-08 12:01:202020-09-30 20:56:04#Leadership : How To Lead When You Aren’t The #Leader … Leadership is an Attitude, Not a Title. Here are 7 Leadership Characteristics that you Can Adopt Even If you Just Joined the #Workforce or are an Individual Contributor.

#Strategy : Surprising Science-Backed Ways to Boost your Mood…But Happiness Doesn’t Come Easy. We Have to Work at It.

July 8, 2015/in First Sun Blog/by First Sun Team

We all have a remarkable capacity to make ourselves happier. Each of the little things we do to boost our mood — from reading an adventure story to keeping a gratitude journal or even gazing up at the stars on a clear night — can add up to greater overall satisfaction.

don draper meditation mad men

Adding a little ohm to your day can go a long way.

But happiness doesn’t come easy. We have to work at it.

Here are some of the things that psychologists and social science researchers have found that have the power to lift your spirits and keep them high. Take a look:

Write down 3 things you’re grateful for.

Write down 3 things you're grateful for.

Flickr/daniel sandoval

Keeping tabs on the things you feel lucky to have in your life is a great way to boost your mood.

In a recent study from psychologists at UC Davis, researchers had 3 groups of volunteers keep weekly journals focused on a single topic. While one group wrote about major events that had happened that week, the second group wrote about hassles they’d experienced, and the last group wrote about things they were grateful for.

Ten weeks later, those in the gratitude-journal group reported feeling more optimistic and more satisfied with their lives than those in any of the other groups and reported fewer physical symptoms of discomfort, from runny noses to headaches.

 

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Go on a hike or gaze up at the stars on a clear night.

Go on a hike or gaze up at the stars on a clear night.

Flickr/Bureau of Land Management

Awe is a powerful — even awesome, you might say — human emotion. And a handful of recent studies have found a link between experiencing a sense of awe — that feeling you get when you look up at a starry sky or out across a wide open valley — with feeling less stressed and more satisfied.

People who’ve recently had an awe-inspiring experience are also more likely to say they feel more curious about the world around them and to act more generously toward others.

Move to Switzerland.

Move to Switzerland.

Matt Cardy / Getty

Ok, moving to Switzerland might not make you happy, but people who live there are some of the happiest in the world, according to the 2015 World Happiness Report, a ranking compiled by an international team of economists, neuroscientists, and statisticians to measure global well-being.

One of the report’s key findings, based on decades of neuroscientific and psychological research, suggests that keeping the brain happy relies on 4 main factors, which include staying positive, recovering from negative feelings, spending time with loved ones, and being mindful.

“These findings highlight the view that happiness and well-being are best regarded as skills that can be enhanced through training,” the researchers write in their report.

Drink coffee (not too much, though).

Drink coffee (not too much, though).

NBC/”Friends”

They don’t call it “Central Perk” for nothing. As a central nervous system stimulant, caffeine doesn’t just boost alertness, it can also improve your mood.

Several studies have even found a connection between caffeine consumption and a reduced depression risk, as well as an even a lower risk of suicide. However, at least one of these studies specifically found this connection with caffeinated coffee but not tea, though others found the same effect for tea as well.

Meditate.

Meditate.

 

AMC

You don’t have to be Don Draper to reap the benefits of some peace and quiet.

Multiple studies suggest that meditating — focusing intently and quietly on the present for set periods of time — can help lessen feelings of depression and anxiety. Research in long term meditators — Buddhist monks, for example — shows that these peoples’ brains have well-developed areas that could be linked to heightened awareness and emotional control. While it’s possible that people with such brains might be more likely to meditate in the first place, other studies do show that people who complete a meditation program tend to show brain changes linked with self-awareness, perspective, and memory.

Read an adventure story.

Read an adventure story.

Lisa Omarali/flickr

You may be able to get the benefits of an awe-inspiring experience just by reading about someone else’s. A small 2012 study found that even when people simply read about someone else’s awe-inspiring experience, they were more satisfied, less stressed, and more willing to volunteer their time to help others compared with people who were simply shown something that made them feel happy.

 

Get outside.

Get outside.

Wildebeast1/flickr

Stressed out? Head for a forest. One study found that a group of students sent into the trees for two nights had lower levels of cortisol — a hormone often used as a marker for stress — than those who spent the same two nights in a city.

In another study, researchers found a decrease in both heart rate and cortisol levels in people in the forest when compared to those in urban areas. “Stressful states can be relieved by forest therapy,” the researchers wrote in their paper.

Go for a nature walk.

Go for a nature walk.

Flickr/pfly

If living in a big city has you feeling a bit down, there’s good news: A brief walk in nature could be all it takes to chase away those negative thoughts.

At least that’s the finding of a new study published last month.

In the study, a group of 38 Northern Californians (18 women and 20 men) were split up into two groups — one who took a 90-minute walk in nature and another that did the same walk in the city. The nature walkers reported having fewer negative thoughts about themselves after the walk than before the walk, while the urban walkers reported no change.

What’s more, fMRI brain scans revealed less activity in the subgenual prefrontal cortex (sgPFC), a brain region that may play a key role in some mood disorders and has been linked with patterns of negative thought, according to the study. Those who went on the urban walk did not show any of these benefits, the study found.

Do things you do when you’re happy — even if you’re not.

Do things you do when you’re happy — even if you’re not.

Flickr / Carter Moore

Experiencing positive emotions not only appear to have the power to neutralize negative ones, but can also encourage people to be more proactive. “Positive emotions may aid those feeling trapped or helpless in the midst of negative moods, thoughts, or behaviors — for example, grief, pessimism, or isolation — spurring them to take positive action,” write a team of UC Riverside psychologists in a recent paper summarizing these findings.

 

Participate in cultural activities.

Participate in cultural activities.

Jemal Countess/Getty Images

Visiting a museum or seeing a concert is yet another way to boost your mood. A study that examined the anxiety, depression, and life satisfaction of over 50,000 adults in Norway offered an interesting link: People who participated in more cultural activities, like attending a play or joining a club, reported lower levels of anxiety and depression as well as a higher satisfaction with their overall quality of life. So get out there and participate!

Listen to sad songs.

Listen to sad songs.

Flickr / Garry Knight

Happiness is entirely subjective, meaning that what makes one person happy might affect someone else differently. However, listening to sad music seems to be a common activity that’s been linked with increased happiness around the globe.

In a study that looked at 772 people on the eastern and western hemispheres, researchers found that listening to sad music generated “beneficial emotional effects such as regulating negative emotion and mood as well as consolation,” the researchers write in their paper.

Set specific goals you know you can achieve.

Set specific goals you know you can achieve.

Jorge Quinteros on Flickr

If you’re one of those people who like to make to-do lists on a regular basis, then listen closely: When you’re setting your goals, it’s better to be specific and set goals you know you can achieve. For example, instead of setting a goal like “save the environment,” try to recycle more.

Those two examples were tested on a group of 127 volunteers in a study published last year. The first group were provided a series of specific goals like “increase recycling” while the second group had broader goals like “save the environment.” Even though the second group completed the same tasks as the first group, the people in the second group reported feeling less satisfied with themselves than the first group. The people in the second group also reported a lower overall sense of personal happiness from completing their goal, the scientists report.

Businessinsider.com | July 7, 2015 | ERIN BRODWIN, JESSICA ORWIG AND DINA SPECTO

 http://www.businessinsider.com/science-backed-things-that-make-you-happier-2015-6?op=1#ixzz3fIWAOn1u
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Your #Career : 9 Free Online Resources that Will Help you Advance your Career… Whether you Want to Gain Industry Knowledge or Pick Up Some New Skills, There are Plenty of Resources Online that Will Allow you to Learn at your Own Pace Without Having to Pay any Fees.

July 7, 2015/in First Sun Blog/by First Sun Team

Whether you want to gain industry knowledge or pick up some new skills, there are plenty of resources online that will allow you to learn at your own pace without having to pay any fees.

Computer Science Coding Student

Coding doesn’t need to remain the exclusive domain of computer science grads.

From Glassdoor’s job review database to Codeacademy’s programming classes, we’ve rounded up our favorite free online resources for boosting your career.

Glassdoor

Glassdoor

Glassdoor

Glassdoor provides employee reviews of companies of all sizes with insight into what it’s like to work there, as well as compensation data. You can use the info to prepare for job interviews or to negotiate your salary.

Discover job opportunities >>

Khan Academy

Khan Academy

YouTube/Khan Academy

A Khan Academy account will get you access to hundreds of video lectures and exercises on a wide variety of topics, many of them narrated by the site’s founder and executive director Sal Khan.

The site is especially useful if you want to learn specific topics rather than an entire subject, like how the stock market works and how to build a balance sheet.

Gain some practical knowledge >>

Coursera and edX

Coursera and edX

Coursera

Coursera and edX may be competitors, but they’re both worth checking out for their selection of in-depth courses from top universities like Stanford and UPenn.

Many courses are also highly practical rather than theoretical, like “Successful Negotiation” from the University of Michigan on Coursera or “Communicating Strategically” from Purdue on edX.

Explore Coursera >>

Explore edX >>

 

Codeacademy

Codeacademy

Codeacademy

Taking an introductory class in coding isn’t going to get you a top engineering job at Google, but it could help you understand the mechanics of what you’re working with every day, demystifying how software and websites function.

It’s a great way to learn languages like HTML and CSS, JavaScript, jQuery, PHP, Python, and Ruby. Whether you want to become fluent in HTML to better maneuver your company’s content management system or take skill-based classes like how to build an interactive website, Codeacademy will help you get there.

Learn how to code >>

LearnVest

LearnVest

LearnVest

Working for your paycheck is one thing, but if you want to learn how to make your paycheck work for you, LearnVest is a great resource. While you can purchase financial advisory services, its free in-depth articles will answer most of your general personal finance questions.

If you never learned how to budget or want to develop a retirement plan, LearnVest has you covered.

Develop healthy financial habits >>

Investopedia

Investopedia

Investopedia

Investopedia can be your go-to resource for learning about the world of finance. If you’d like to start taking advantage of compound interest or compound growth but can’t tell a mutual fund from a hedge fund, you can explore Investopedia’s many guides, instructional videos, and encyclopedia entries.

Grow your financial vocabulary >>

 

Y Combinator Startup Library

Y Combinator Startup Library

Y Combinator

If you’re considering leaving your job to start your own business or are just wondering what it would be like to have a fun side project, Y Combinator’s Startup Library is a good place to get an idea of what it takes to be an entrepreneur.

Y Combinator is a seed fund that puts promising entrepreneurs through a rigorous bootcamp-like period that ends with a pitch to investors for serious amounts of capital. Its website’s free library features insightful blog posts from YC cofounder Paul Graham on creating and developing companies, as well as links to external sources, like a guide to writing the perfect business plan from renowned Silicon Valley venture capital firm Sequoia Capital.

Pursue your entrepreneurial drive >>

Duolingo

Duolingo

Duolingo

Maybe your company opened a new office in Germany that could provide an exciting career opportunity you’ve been waiting for, but you don’t know a word of German. Before pursuing an advanced course, you can learn the basics for free from Duolingo.

A 2012 independent study conducted by Roumen Vesselinov of the City University of New York and John Grego of the University of South Carolina found that 34 hours spent with Duolingo are equivalent to an 11-week semester of a language course.

Learn a new language >>

 

 http://www.businessinsider.com/best-free-online-resources-for-your-career-2015-6?op=1#ixzz3fETakDHt

https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg 0 0 First Sun Team https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg First Sun Team2015-07-07 18:46:582020-09-30 20:56:05Your #Career : 9 Free Online Resources that Will Help you Advance your Career… Whether you Want to Gain Industry Knowledge or Pick Up Some New Skills, There are Plenty of Resources Online that Will Allow you to Learn at your Own Pace Without Having to Pay any Fees.

#Leadership : We Are Seeing The Effects Of The Minimum Wage Rise In San Francisco…As We’ve Been Saying all Long: a Rise in the Minimum Wage Really Does Destroy Jobs.

July 7, 2015/in First Sun Blog/by First Sun Team

There Really is No Free lunch. A Rise in Wages will Come Out of Either Less Labor being Employed, Lower Profit Margins (Fast Food doesn’t have those Wide enough to take the strain) or Price Increases to Consumers (Lower Sales). So, if Employers either Economize on Labor or Profits, there will be Job Losses: the Minimum Wage Rise does Reduce Employment.

red-button

Or there is this final method: raise prices. Which also causes job losses: for the more money that consumers are spending on reasonably priced Mexican food (although now less reasonably priced Mexican food than it used to be) the less they have available to spend on other things. We might think that there could be an interesting overlap between those who consume reasonably priced Mexican food and those who frequent comic book shops for example. If the food now costs more then there might well be less being spent in the comic book shop: again, we see reductions in the number of jobs.

And just to head off at the pass one of the more insane points that people try to make. That if the workers at Chipotle are now making more money then they’ll spend more at Chipotle, and the company’s profits will rise! This doesn’t even pass the basic math test, let alone any economic one. For note above the split in revenues. About 30% of revenue is spent upon labor. The other 70% is spent upon other things, including that 30% or so on food ingredients. So, if Chipotle raises wages by $100 (just as an example) and all of those wages are then spent in the same store, it is impossible for profits to rise. Think about it for a moment: the wage bill has just gone up by $100. Revenues have just gone up by $100. But the food bill has also gone up by $30. So, the increase in costs is $130 (even in the very best, best, case) while revenues have gone up by $100. This is known to the cognoscenti as a loss, not an increase in profit.

There really is no such thing as a free lunch. Only lunches of variable cost. And if we increase the cost of one of the major inputs into such lunches then something else will give. Here, as a result of the rise in the minimum wage Chipotle has raised prices in that specific location where the minimum wage rise occurred.

 

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This doesn’t help minimum wage earners: some unknown but knowable reduction in sales of reasonably priced Mexican food will take place as a result of this price rise. Demand curves really do slope downwards. Thus some unknown but knowable number of people will not be employed to produce said food.

As we’ve been saying all along: a rise in the minimum wage really does destroy jobs.

As we keep trying to point out to people there really isn’t anything even remotely resembling a free lunch when it comes to the discussion of wages and labor. Meaning that just because well meaning liberals wave their magic wand and decree that wages will rise there will indeed be countervailing effects. And in San Francisco, where the minimum wage was recently raised we did indeed see that comic book shop insisting that it just couldn’t survive. And now we’ve another tale, this time from Chipotle. Beef prices have been rising around the country so they’ve raised the prices, around the country, of their beef products. Wages in San Francisco have been rising strongly so they’ve raised the prices of all their products in San Francisco strongly. There really is no free lunch. A rise in wages will come out of either less labor being employed, lower profit margins (and fast food doesn’t have those wide enough to take the strain) or price increases to consumers.

And it’s that last which is happening as Mark Perry points out:

• In our weekly survey of ten of Chipotle’s markets, we found the company implemented price increases in half of the surveyed markets this week—San Francisco, Denver, Minneapolis, Chicago, and Orlando. In most markets, the price increases have been limited to beef and average about 4% on barbacoa and steak, toward the lower end of management’s expectation for a 4% to 6% price increase on beef.

• San Francisco, however, saw across-the-board price increases averaging over 10%, including 10% increases on chicken, carnitas (pork), sofritas (tofu), and vegetarian entrees along with a 14% increase on steak and barbacoa. We believe the outsized San Francisco price hike was likely because of increased minimum wages (which rose by 14% from $10.74 per hour to $12.25 on May 1) as well as scheduled minimum wage increases in future years (to $13 next year, $14 in 2017, and $15 in 2018).

A rough guide to the finances of the fast food industry is as follows. 30% goes on wages, 30% of revenues goes on ingredients and the other 40% is everything else. Rents, advertising, capital costs and, of course, profits. Those profits are pretty low. 5% of revenues isn’t an out of order estimation of the net profit margins in the business (and, of course, that’s an average, as some locations and some whole chains lose money).

So, if we by legislative fiat raise the price of one of those inputs then something, somewhere, has to give. Those profit margins are already pretty thin and so they’re not going to be where that extra cost comes from. More than that if we reduce the returns to capital in a particular line of business then less capital will be invested in that line of business in the future. This means fewer jobs in that line of business: This is one of the ways that a rise in the minimum wage destroys jobs. Fewer will be created in the future than would have been in the absence of the rise in the minimum wage.

It’s possible that employers will be encouraged to deploy their labor in a more productive manner as a result of the price increase. This is the same statement as fewer jobs will be created. For if I go and raise labor productivity then by definition I need less labor for any given level of output. Or of course employers could just automate the process a little more and that also means fewer jobs.

So, if employers either economize on labor or profits, there will be job losses: the minimum wage rise does reduce employment.

Or there is this final method: raise prices. Which also causes job losses: for the more money that consumers are spending on reasonably priced Mexican food (although now less reasonably priced Mexican food than it used to be) the less they have available to spend on other things. We might think that there could be an interesting overlap between those who consume reasonably priced Mexican food and those who frequent comic book shops for example. If the food now costs more then there might well be less being spent in the comic book shop: again, we see reductions in the number of jobs.

And just to head off at the pass one of the more insane points that people try to make. That if the workers at Chipotle are now making more money then they’ll spend more at Chipotle, and the company’s profits will rise! This doesn’t even pass the basic math test, let alone any economic one. For note above the split in revenues. About 30% of revenue is spent upon labor. The other 70% is spent upon other things, including that 30% or so on food ingredients. So, if Chipotle raises wages by $100 (just as an example) and all of those wages are then spent in the same store, it is impossible for profits to rise. Think about it for a moment: the wage bill has just gone up by $100. Revenues have just gone up by $100. But the food bill has also gone up by $30. So, the increase in costs is $130 (even in the very best, best, case) while revenues have gone up by $100. This is known to the cognoscenti as a loss, not an increase in profit.

There really is no such thing as a free lunch. Only lunches of variable cost. And if we increase the cost of one of the major inputs into such lunches then something else will give. Here, as a result of the rise in the minimum wage Chipotle has raised prices in that specific location where the minimum wage rise occurred.

This doesn’t help minimum wage earners: some unknown but knowable reduction in sales of reasonably priced Mexican food will take place as a result of this price rise. Demand curves really do slope downwards. Thus some unknown but knowable number of people will not be employed to produce said food.

As we’ve been saying all along: a rise in the minimum wage really does destroy jobs.

 

Forbes.com | June 7, 2015 | Tim Worstall 

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#Leadership : How Extreme #Narcissism Wreaks Havoc On Your Life & What To Do About It… #Narcissists Exploits Other People to Sustain a Defensive & Idealized Self-Image.

July 6, 2015/in First Sun Blog/by First Sun Team

Surprising to Me was the Fact that I Had been Attracting Narcissists into my Life Repeatedly Throughout my 18-Year Career. I finally learned what I needed to do about it so it would never happen again.

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Have you ever seen the movie Office Space? Don't be that guy.

Have you ever seen the movie Office Space? Don’t be that guy.

From the minute I learned of something called narcissistic personality disorder during my Master’s program in marriage and family therapy, a whole lot of what had happened to me throughout my life (at the hands of toxic friends, bosses and colleagues) made a great deal more sense. As a therapist,too, I saw first-hand the crushing effects of narcissism and what it does to those in its wake. If you’ve ever been exposed to a narcissist at work, you know that the effects can be truly devastating.

Even more surprising to me was the fact that I had been attracting narcissists into my life repeatedly throughout my 18-year career. I finally learned what I needed to do about it so it would never happen again. (And here’s more about how not to get fired by one). Last year, when I wrote a LinkedIn post on the 6 Toxic Behaviors That Hold You Back: How To Recognize Them In Yourself and Change Them,and it went viral (at that time, it was the most-read piece ever on LinkedIn at 2.8 million views), the comments and responses demonstrated that people all over the world are dealing with toxicity and narcissism, and simply don’t know how to handle it.

To learn more about extreme narcissism, I was eager to connect with Dr. Joseph Burgo, a psychotherapist of 30 years and the author of the book The Narcissist You Know: Defending Yourself Against Extreme Narcissists in an All-About-Me World and Why Do I Do That? Psychological Defense Mechanisms and the Hidden Ways They Shape Our Lives. Joe’s blog, AfterPsychotherapy.com, draws more than 30,000 visits per month, and he is a regular writer and commentator for news outlets including The New York Times, USA Today, The Washington Post, The Atlantic and NPR and the voice behind the Psychology Today blog “Shame.”

Here’s what Joe shared about extreme narcissism, how to recognize it and deal with it:

Kathy Caprino: Joe, what contributes to the emergence of Extreme Narcissism in an individual? What happens in childhood that brings rise to it and how can parents behave differently to ensure a child grows up healthy and secure?

Joe Burgo: In my book, I explain Extreme Narcissism as a defense against core shame, defined as an internal sense of damage, defect or ugliness. Core shame takes root in the earliest months and years of life and results from gross failures in parenting and attachment: a severely depressed mother, a physically absent father, drug or alcohol abuse, violent parental discord, etc. The late British psychoanalyst D.W. Winnicott talked about an innate “blueprint for normality” – an inherited expectation for what each child will encounter upon birth. When early childhood departs dramatically from that expectation, core shame is the result. It doesn’t depend upon shaming behavior from the parents but may be compounded by it.

Because the experience of core shame is unbearably painful, the growing child may develop a false and idealized self-image to ward it off, a “winner” self-identity meant to deny and disprove the experience of being ugly, damaged, or defective – that is, a “loser.” Defending this winner self-image often depends upon identifying someone else as the loser. Just as a comic depends upon a straight man to support his identity as the funny one, an Extreme Narcissist exploits other people as losers to carry his sense of defect or damage. My book identifies different types of Extreme Narcissism and shows how each of them exploits other people to sustain a defensive and idealized self-image.

 

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Caprino: Does being “shamed” and shaming behavior from parents contribute to narcissism? What else is involved?

Burgo: Being shamed by parents and other people compounds the agonizing experience of core shame. Some parents use their children to carry an off-loaded (and unconscious) sense of shame of their own, turning their offspring into losers and then feeling superior to them. Such children are usually crippled by this experience and never thrive.

While some people who are shamed by their parents succumb to depression and a sense of inferiority, others develop a defensive identity to ward off the shame. An idealized false self embodies that defense, where defensive character traits (contempt, blaming, self-righteousness, etc.) become embedded in the winner personality. The Extreme Narcissist feels this defensive personality as synonymous with the self and has no conscious awareness of the core shame behind it.

Narcissistic parents who are themselves invested in being perceived as winners often exploit their children for narcissistic gain, encouraging them to become winners as an extension of the parental self. (I use the example of Tiger Woods and his father Earl as an example, where a narcissistic parent nurtures a narcissistic child, both of them needing to perceive themselves as winners.) Narcissism begets narcissism.

Caprino: What are the hallmarks of it among your colleagues or peers – the top five signs?

Burgo: There’s a lot of valuable and widely repeated information available online, about how to identify narcissists, most of it tied to the DSM diagnostic criteria. My book distinguishes different types of Extreme Narcissism, each one characterized by a different prominent feature. Rather than repeating those five common signs available elsewhere, I’d like to suggest five different types of Extreme Narcissism with their prominent features:

The Bullying Narcissist
Builds up his or her self-image by persecuting you and making you feel like a loser.

The Seductive Narcissist
Makes you feel good about yourself, as if you’re a winner, in order to secure your admiration … then dumps you.

The Know-It-All Narcissist
Constantly demonstrates superior knowledge in order to make others feel ignorant, uninformed, and inferior.

The Vindictive Narcissist
When challenged or wounded, will do everything possible to destroy the perceived cause of shame.

The Addicted Narcissist
Seeks fulfillment of an idealized self through drugs, sex, or fantasy, in ways that are often invisible to outsiders.

Caprino: What are your best strategies for helping people deal with extreme narcissism in both the workplace and personal life?

Burgo: Here are strategies that I’ve found to be effective:

Don’t engage in battle.
Remember that the winner-loser dynamic is always at play in Extreme Narcissism, even if it’s not readily apparent. Because Extreme Narcissists are relentless in defending their winner self-image, you will never prevail if you fight back to prove you are actually the winner.

Do nothing that might stimulate shame.
Bear in mind that shame is always the issue, even though the Extreme Narcissist is almost always unaware of it. For this reason, be excessively cautious not to wound his or her self-esteem, even when you don’t see your comments or behavior as hurtful.

Set aside expectations of fairness and justice.
Objections such as “I didn’t mean it that way!” or “That’s not fair!” are meaningless to the Extreme Narcissist. Winning is all that matters and you need to recognize that you will never persuade the Extreme Narcissist to be reasonable.

Document everything.
Because Extreme Narcissists are often ruthless and vindictive, take every precaution to defend yourself. This often means laying the foundation for legal action that may prove necessary, including preserving emails or other written exchanges, getting witness statements, etc. The endgame often depends upon having legal proof.

Get as much distance as possible.
You will never change the Extreme Narcissist. Don’t delude yourself that you can get him or her to “see the light.” Don’t think you can save the Addicted Narcissist, or convince the Seductive Narcissist to come back.

Caprino: What happens to children of narcissists? What do they need to be aware of in themselves and why is it common that adult children of narcissists attract more narcissistic people and responses in their lives?

Burgo: The adult children of narcissistic parents are attuned to the needs and expectations of self-absorbed people because this is how they survived childhood. They learned that to be accepted (if not truly loved for who they are), they must shape their behavior/personality to meet the needs of others. As adults, they naturally fall into the same pattern with other narcissistic people because it is familiar to them. They believe such self-abnegating behavior will earn them love and acceptance. Each new relationship revives the hope that this time, at long last, someone will give them the love and full acceptance they have always longed for.

For this reason, the adult children of narcissistic parents need to be aware of the ways they will sacrifice their own needs to serve other selfish people; they need to place a value on their own needs and develop a sense of self-worth apart from the approval they constantly seek from their partners, friends, colleagues, etc.

For more information, visit Joe’s blog Shame, and his new book The Narcissist You Know. Other helpful resources include the book Shame: The Underside of Narcissism by Andrew Morrison and The Workplace Bullying Institute.

 

Forbes.com | July 6, 2015 | Kathy Caprino

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#Strategy : 5 Phrases That Signal You’re About To Make A Bad Decision…Sometimes Deep Down, we’re Aware that the Choice We’re About to Make Isn’t the Best Decision. Yet, Rather than Change Course, we Offer Excuses to Justify What we’re About to Do.

July 5, 2015/in First Sun Blog/by First Sun Team

Instead of Preventing ourselves from Heading Down the Wrong path–or Admitting we Made a Mistake–we Defensively Attempt to Rationalize our Behavior. Ultimately, we Keep Digging ourselves Deeper.

Excuses we use to justify our bad behavior.

Fotolia.com

Although it sounds a bit ridiculous, everyone behaves impulsively, gives into immediate gratification, or overlooks risk sometimes. Here are five statements we try to use to justify our poor choices:

1. “I deserve to be happy.”

Whether someone raises an eyebrow at a friend’s latest love interest, or a business coach warns a client about taking on more debt, a reluctant listener often responds by saying, “But I deserve to be happy!” While you certainly deserve the right to pursue a happy, healthy lifestyle, this statement often gets thrown around by someone who is about to sabotage their chances of achieving long-term happiness.

When you find yourself demanding that you deserve happiness, make sure you aren’t chasing fleeting feelings of happiness. Keeping your goals and values in mind can prevent you from exchanging momentary pleasure for long-term satisfaction.

 

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2. “I’d rather beg for forgiveness than ask for permission.”

When we’re about the break the rules on purpose, or push the boundaries a bit too far, it’s tempting to have this mindset. But if you really believe you’re doing what’s best, why would you need to ask for forgiveness? It’s often a passive-aggressive way to avoid confrontation.
Thoughtfully consider the potential consequences of your behavior, including how it could damage a relationship, before you move forward. If you believe in something strongly enough, move forward with the confidence that there will be no need to fake an apology at a later date.

3. “You only live once.”

Ironically, YOLO is usually uttered right before someone puts their life in jeopardy. Should we really jump off this cliff into the rocky water below? YOLO. It’s also used to justify immediate gratification. Should I really eat a second piece of cake? YOLO.

A rich and full life requires a delicate balance between risk and long-term rewards. Calculate risk and take time to consider how this type of thinking could derail you over the long-term.

4. “I’m just being honest.”

Sometimes, when called out on impolite and unkind words, people claim their insensitivity stems from their desire to be truthful. And while the truth really does hurt sometimes, there’s no need to be overly harsh. Honesty doesn’t have to come at the expense of someone else’s feelings.

Before delivering criticism or negative feedback, balance your desire to be direct with the other person’s right to be treated with respect. Whether you’re masking your insecurity by putting someone else down, or you’re lashing out because you’re upset, you’re disrespectful demeanor will speak more about your character than your claims of taking the moral high ground.

5. “I don’t care what anybody thinks.”

While it’s healthy to avoid trying to please everyone, that doesn’t mean you shouldn’t care what anyone thinks. In fact, a complete disregard for anyone else’s feelings is usually indicative of a personality disorder. The truth is, we should care what some people think.

While there’s no need to take a poll to ensure your loved ones agree with all your decisions, if people express concerns about your decision-making, be willing to listen. Set aside your defenses and take a moment to hear about any potential pitfalls or risks you may be overlooking.

Amy Morin is a psychotherapist, keynote speaker, and the author of 13 Things Mentally Strong People Don’t Do, a bestselling book that is being translated into more than 20 languages.

 

Forbes.com | July 1, 2015 | Amy Morin

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#Strategy : 4 Tough Things you Have To Do to Win at Life…Just Because Someone else Tells you That you “Should” be Doing Something Doesn’t Mean That it’s Best to Automatically Run to Do It.

July 5, 2015/in First Sun Blog/by First Sun Team

You Don’t Have to be Perfect to be Awesome. You Don’t Even Have to be Right Most of the Time.You Don’t Have to be Perfect to be Awesome. You Don’t Even Have to be Right Most of the Time.But you can’t make excuses for what you do — and you can’t avoid working incredibly hard.  Being awesome — no matter how you define that right now — is the result of tenacity, focus, and irrational belligerence.

boston marathon winner 2015

Lelisa Desisa of Ethiopa as he crosses the finish line to win the 2015 Boston Marathon.

 

You have to think for yourself.

Just because someone else tells you that you “should” be doing something doesn’t mean that it’s best to automatically run to do it.

Just because a guru who made some money some time ago tells you “a quick and easy way” to be financially independent doesn’t mean that you can reproduce the karmic results you’re hearing about.

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Most of the time it won’t work.

The truth about being awesome is that most of what you think will work or used to work probably won’t work for you getting to where you want to be.

You’re different from everyone else in thousands of complex but distinct ways. You have different skills, goals, passions, strengths, and weaknesses.

You’re you. They’re them.

Being awesome isn’t something that you can manufacture simply because you follow a series of steps that work the first time you try them.

You have to be invested in what you really want. You have to care so deeply that your bones ache when you feel like you aren’t making progress.

Try. Try. And try again.

That’s the real secret to being awesome.

And one that you can get started on right now.

http://danwaldschmidt.com/2015/07/attitude/the-truth-about-being-awesome#ixzz3f17gJEHr

https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg 0 0 First Sun Team https://www.firstsun.com/wp-content/uploads/2018/05/logo-min-300x123.jpg First Sun Team2015-07-05 12:03:322020-09-30 20:56:09#Strategy : 4 Tough Things you Have To Do to Win at Life…Just Because Someone else Tells you That you “Should” be Doing Something Doesn’t Mean That it’s Best to Automatically Run to Do It.
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