Where Did The Bailout Money Go?

Where Did The Bailout Money Go?

AM I THE ONLY ONE COMPLETELY FRUSTRATED RIGHT NOW?

 

According to Treasury Secretary Henry Paulson, the chief proponent of the big bank bailout, flooding the banks with taxpayers’ money was supposed to get them to start lending freely again. And that, in turn, was supposed to stabilize the markets and prevent the downturn from being worse than it otherwise would be.

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Where Did The Bailout Money Go?

Discovering The Truth About You

With 2009 destined to be a tough year for a lot of people, I thought now would be the perfect time to review Marcus Buckingham's book , The Truth About You which aims to empower you to enjoy higher satisfaction and performance in life and work.

If you are someone who still is not sure what to do with your life, then this is probably a great book for you to pick up.  It includes a DVD, the book and a notepad, all of which make for a very interactive experience.  If you are already in tune with your strengths and how you want to spend your life, and you are one of the 2 out of 10 people Marcus mentions that get to play to their strengths at work, then there are still some solid nuggets in the book for you as well.

The book discusses how successful people can build their dream jobs. The philosophy of the book revolves around 3 myths that hold you back from building your own dream job.

"Your strengths aren't what you're good at, and your weaknesses aren't what you're bad at." 

“When it comes to the job, the 'what' always trumps the 'why' or the 'who'."

“You'll never turn your weaknesses into strengths.”

It also explains the differences in your strengths versus your weaknesses in a way that you probably have not thought about. Ensuing chapters provide 5 pieces of advice (a chapter for each) to stay on your strength path and succeed in both work and life.

In short, if you're really yearning to discover more about your strengths or weaknesses, give this book a try.  Pick the book up and read it. Then give it away to a young person preparing for a new career path. And then treat yourself to a new copy.

To read the first 12 pages click “read” on the widget below:

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Disclaimer: I was given this book by the publisher, Thomas Nelson, as part of a program for book reviewers, but given no direction to follow nor compensation for this review.

Where Did The Bailout Money Go?

Tips for Success – Decisions, Decisions, Decisions

IT'S TIME FOR A MID-WEEK CHECKUP…

So far you've learned:

1.  MAKE DECISIONS THAT SUPPORT YOUR GOALS
2.  PREDICT THE OUTCOME FOR ALL DECISIONS

Strategy

TODAY:

3.  NEVER MAKE AN IMPORTANT DECISION AFTER 3PM

Make meaningful decisions in the morning to early afternoon.  Numerous studies have shown the mind to be most alert during the first few hours of the day.  As the workday wears on, you will be tired, sluggish, and tend to rush through decisions because you are not thinking clearly.  So try to avoid making important decisions after 3pm.  Consider this time the end of your day.  If you have the option, always ask to sleep on big decisions.  This gives you time to consider all factors and make an informed decision in the morning.

4.  BE STRATEGIC

Having a strategy is synonymous with developing a plan of action.  A strategy serves as a guiding force when you are faced with decisions that have many factors.  Therefore, developing a strategy for attacking multifaceted decisions is absolutely necessary.  In fact, don’t allow yourself to make a single decision until you have a plan.  First figure out how you will make your selections and then begin to make your choices based on the criteria you’ve established.

So, how are you doing?

Where Did The Bailout Money Go?

Tips for Success – Making The Right Decisions

Recent scientific studies indicate that emotions play a HUGE role in decision-making.  Furthermore, decision-making is an involved process and one that is critically important to master if a person wants to be successful. 

NEWS FLASH:
ALL highly successful people are good decision makers

They find that making good decisions leads to enjoyment and self-confidence.  Successful people enjoy the decision-making process itself and consider it be an excellent and challenging way to constantly resharpen their minds and skills. 

Decision-making

This week I will share two principles each day that will help you make wiser decisions.  Again, if you will dedicate one week to
both principles, in 5-6 weeks you'll be a different & successful
person. 

1.  MAKE DECISIONS THAT SUPPORT YOUR GOALS

When working toward your goals, you may easily get derailed when a tempting situation presents itself.  Though it is difficult to refrain from doing something you want in the moment, it is important to exhibit discipline.  Some examples include postponing dining out, weekend getaways, and shopping sprees when you're trying to save for a home.  Continued commitment to your long-term goals is necessary if you desire to be successful.

2.  PREDICT THE OUTCOME FOR ALL DECISIONS

It is impossible to know for certain how a particular decision will turn out.  It is, however, possible to predict what might happen.  Predicting outcomes is a valuable tool when deciding between several options.  For example, if you are deciding to pursue an advanced degree, consider the outcome of your options.  Law school is an expensive investment ($150,000 for 3 years) but can help increase your earning potential later in life.  Determine how much time you have before making the decision.  Use 90% of that time thinking & considering the outcome – THEN DECIDE!

Where Did The Bailout Money Go?

Tips For Success – It's A Wrap!

Well, it's Friday & we've come to the end of this series.  So far you've learned:

   1. KNOW WHAT YOU WANT TO ACCOMPLISH
   2. WRITE A PERSONAL MISSION STATEMENT
   3. RESEARCH WHAT OTHERS HAVE DONE
   4. CREATED SHORT & LONG-TERM GOALS  
   5. MAKE YOUR GOALS MEASURABLE
   6. CREATE A TIME-LINE FOR ACTION
   7. MAKE AN ACTION BOOK
   8. MAKE SURE YOUR PLAN IS REALISTIC

TODAY:

9.  REVISE YOUR PLAN AS NECESSARY

It is important to revisit your goals in light of shifting priorities and realities.  For example: Your goal is to pay off a credit card.  Your plan includes increasing your income and paying $300 per month to creditors.  During the time that you set these goals, you were working overtime and had extra cash to put toward debt.  However, after company cutbacks, overtime was removed from your budget and you became unable to make the payments.  At this point you should revisit your goals and assess if your reality fits your original plan.  This ensures you are always in line with your plan.

RegionalNetworkingGroups

10.  GET HELP ENACTING YOUR PLAN

Most of us prefer to accomplish our goals on our own.  In fact, the so-called "American way" is to try and solve our own problems and pull ourselves up by our bootstraps.  For some, it’s a matter of privacy and for others a matter of pride.  However, if you need help executing a section of your plan, you should immediately seek support.  You will find that many people you already know have the skills to help you.  It is important to remember that every successful person has enlisted the help of people in their network to achieve their goals.

It is my prayer that this week's Tips for Success has been helpful as you strive for excellence.

Enjoy your weekend!

Where Did The Bailout Money Go?

Tips for Success – Research & Articulate

Half the battle to success is figuring out what steps you want to take to acquire it.  Sitting down with your list of aspirations can be very scary.  Your first thought will likely be, "Where do I begin?"  

So far you've learned:

  1. KNOW WHAT YOU WANT TO ACCOMPLISH
  2. WRITE A PERSONAL MISSION STATEMENT 

  

Goal-setting
Today: 

3.  RESEARCH WHAT OTHERS HAVE DONE

Remember, there is no shame in copying successful behavior.  I repeat, THERE IS NO SHAME IN COPYING SUCCESSFUL BEHAVIOR.  In fact, it would be foolish to try to forge your own path to success when there are so many well-documented versions of the tried-and-true road to achievement.

4.  ARTICULATE YOUR SHORT & LONG-TERM GOALS

To jump-start your plan, keep a list of short-term goals.  These can be things you can accomplish on a daily or weekly basis that bring you closer to success.  You can start by adding things you've been meaning to do but haven't gotten around to.  Cross items off your list as you complete them.  This will give you an immediate sense of accomplishment and keep you motivated to work towards your larger goals.  

Consider what your long-term goals are.  Do you want to obtain an degree?  Start a business? Own a home?  Write your long-term goals and put them in a visible place.  Viewing the milestones you have yet to reach will remind you that you do have a plan and that it is to fulfill these goals.

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