Posted By Cheryl Conner
For all the time executives spend concerned about physical strength and health, when it comes down to it, mental strength can mean even more. Particularly for entrepreneurs, numerous articles talk about critical characteristics of mental strength—tenacity, “grit,” optimism, and an unfailing ability as Forbes contributor David Williams says, to “fail up.”
1. Waste Time Feeling Sorry for Themselves. You don’t see mentally strong people feeling sorry for their circumstances or dwelling on the way they’ve been mistreated. They have learned to take responsibility for their actions and outcomes, and they have an inherent understanding of the fact that frequently life is not fair. They are able to emerge from trying circumstances with self-awareness and gratitude for the lessons learned. When a situation turns out badly, they respond with phrases such as “Oh, well.” Or perhaps simply, “Next!”
2. Give Away Their Power. Mentally strong people avoid giving others the power to make them feel inferior or bad. They understand they are in control of their actions and emotions. They know their strength is in their ability to manage the way they respond.
3. Shy Away from Change. Mentally strong people embrace change and they welcome challenge. Their biggest “fear,” if they have one, is not of the unknown, but of becoming complacent and stagnant. An environment of change and even uncertainty can energize a mentally strong person and bring out their best.
4. Waste Energy on Things They Can’t Control. Mentally strong people don’t complain (much) about bad traffic, lost luggage, or especially about other people, as they recognize that all of these factors are generally beyond their control. In a bad situation, they recognize that the one thing they can always control is their own response and attitude, and they use these attributes well.
5. Worry About Pleasing Others. Know any people pleasers? Or, conversely, people who go out of their way to dis-please others as a way of reinforcing an image of strength? Neither position is a good one. A mentally strong person strives to be kind and fair and to please others where appropriate, but is unafraid to speak up. They are able to withstand the possibility that someone will get upset and will navigate the situation, wherever possible, with grace.
It takes much practice to hone mental strength
6. Fear Taking Calculated Risks. A mentally strong person is willing to take calculated risks. This is a different thing entirely than jumping headlong into foolish risks. But with mental strength, an individual can weigh the risks and benefits thoroughly, and will fully assess the potential downsides and even the worst-case scenarios before they take action.
7. Dwell on the Past. There is strength in acknowledging the past and especially in acknowledging the things learned from past experiences—but a mentally strong person is able to avoid miring their mental energy in past disappointments or in fantasies of the “glory days” gone by. They invest the majority of their energy in creating an optimal present and future.
8. Make the Same Mistakes Over and Over. We all know the definition of insanity, right? It’s when we take the same actions again and again while hoping for a different and better outcome than we’ve gotten before. A mentally strong person accepts full responsibility for past behavior and is willing to learn from mistakes. Research shows that the ability to be self-reflective in an accurate and productive way is one of the greatest strengths of spectacularly successful executives and entrepreneurs.
9. Resent Other People’s Success. It takes strength of character to feel genuine joy and excitement for other people’s success. Mentally strong people have this ability. They don’t become jealous or resentful when others succeed (although they may take close notes on what the individual did well). They are willing to work hard for their own chances at success, without relying on shortcuts.
10. Give Up After Failure. Every failure is a chance to improve. Even the greatest entrepreneurs are willing to admit that their early efforts invariably brought many failures. Mentally strong people are willing to fail again and again, if necessary, as long as the learning experience from every “failure” can bring them closer to their ultimate goals.
11. Fear Alone Time. Mentally strong people enjoy and even treasure the time they spend alone. They use their downtime to reflect, to plan, and to be productive. Most importantly, they don’t depend on others to shore up their happiness and moods. They can be happy with others, and they can also be happy alone.
12. Feel the World Owes Them Anything. Particularly in the current economy, executives and employees at every level are gaining the realization that the world does not owe them a salary, a benefits package and a comfortable life, regardless of their preparation and schooling. Mentally strong people enter the world prepared to work and succeed on their merits, at every stage of the game.
13. Expect Immediate Results. Whether it’s a workout plan, a nutritional regimen, or starting a business, mentally strong people are “in it for the long haul”. They know better than to expect immediate results. They apply their energy and time in measured doses and they celebrate each milestone and increment of success on the way. They have “staying power.” And they understand that genuine changes take time. Do you have mental strength? Are there elements on this list you need more of? With thanks to Amy Morin, I would like to reinforce my own abilities further in each of these areas today. How about you?
Posted by Bill O'Quin
Everyone knows that it’s not cheap to be sick. And for those facing a critical illness, mounting medical bills and being out of work can spell a financial crisis as well as a health crisis. It’s always best to understand beforehand where money might come from to help you and your family deal with something like this.
Health insurance: While health insurance will cover a portion of the direct costs associated with a critical illness, these plans typically require payment of deductibles, coinsurance and/or co-pays, which can range from $2,000 to $10,000 or more in out-of-pocket costs to you before the plan provides 100% coverage.
Posted By Kc.Lau
Growing old is not easy, as the saying goes. It’s probably hard for most of us to imagine what life will be like after retirement. We may have dreams of a life of leisure, freedom from stress, plenty of time on our hands to pursue our hobbies and interests, or travel.
But retirement may not mean exactly that, to those already living it.
In fact, the reality is that life is even more challenging now than it was when they were working.
Let’s look at some of the top challenges facing today’s retirees.
Posted By : Brandon Peters
With a few simple guidelines, you can have better sleep tonight. At some point in our lives, for any number of reasons, nearly all of us will have difficulties sleeping and suffer from acute insomnia. This can lead to significant distress, but have no fear! There are simple steps to take that will help you sleep better tonight.
Posted By Marvin H. Feldman
The Wall Street Journal recently published the article “So You Think You’re Ready for Retirement.” It was actually a 20-question quiz to help you determine if you are ready for retirement. Some of the questions were very thought provoking.
Let me share five:
Posted by KC Lau
“Retirement?” I hear you say. “Aiyah! Plenty of time to worry about that-lah! I’m still young…!”
Yes, one does not want to think about retirement planning now. Why should we bother, when there are so many more years, decades even, until we reach retirement age. Surely it’s something only “old” people need to worry about? Meanwhile, we have so many other things to worry about, so we would really rather just leave that for later.
But it’s worth re-thinking that approach. Contrary to popular opinion, retirement planning is not something that you can afford to leave to later.
It is not like the old days
“Why not?” one may ask. After all, our parents did not make that many arrangements for their retirement when they were our age, and things more or less worked out for them. Right?
Well, yes, that may well be the case – for our parents’ generation. Most of them did not really plan for retirement or at least not consciously. In those days people were not so financially savvy. There also weren’t as many “financial planners” and “wealth consultants” around, I would guess! Most of our parents just accumulated whatever wealth they could before they retired, and survived on whatever they had.
But things are different now. We can’t assume that our lives will follow the pattern of our parents.
There are a couple of key differences when comparing the realities faced by our generation, against those faced by our parents’ generation. We need to understand these differences and analyse their impact on our lives.
Family size is getting smaller
Firstly, in our parents’ time, it was normal for women to get married as young as possible and to start families as soon as possible. This resulted in families of three to five or even more children, being commonplace. It was quite normal to have large families, in those days. The net effect of this, is that invariably, at least one child would end up being able to care for the parents in their old age, if not all the siblings in turn.
Are you a government servant?
Also, many of our parents may have been civil servants, teachers, clerks working in the government sector, etc. Such persons would receive a monthly pension from the government, without fail and non-deductable, for as long as they live. Should the former government servant pass on, the spouse is entitled to receive the benefit. The retired government servants are also entitled to free medical care at any government hospital in the country.
The third factor is today’s easy access to relatively cheap domestic labour. We, the adult working children of today, have maids. When in the past these used to be local maids, the workforce now comprises largely foreign maids. No doubt, there are often very serious difficulties associated with sourcing for and managing foreign maids. It is usually a huge hassle for the family concerned, and sometimes the maid promised by the agent never arrives.
Not withstanding the individual difficulties faced by some families though, the fact remains that many Malaysians are relying on foreign maids to care for their old folks at home, while they carry on with their full-time jobs at the same time. This has translated to a reduced reliance on old folks’ homes or retirement villages. In fact, old folks’ homes are a last resort. Retirement villages do not even yet exist.
To an extent, the above does explain why things “seem” to have worked out thus far.
How does the above contrast with what our generation faces?
Firstly, a large number of women are choosing not to get married or if they do, are opting not to have children. So in 30 years’ time, there will be many aging individuals and couples who will not be able to rely on their children to take care of them.
Secondly, many 30-to-40 something year olds are employed in private sector jobs. Such jobs do not provide any benefits after retirement. There is no pension and no free medical care.
Maids/domestic workers may soon become a thing of the past as education becomes more accessible and the world becomes increasingly globalized. Foreign labour migration patterns may change. Malaysia may no longer be able to avail itself of a ready supply of foreign maids. As we approach developed nation status, fewer and fewer Malaysian citizens will put up with blue-collar jobs. We may not be able to get maids to take care of us in our old age.
Clearly, things are and will be, different for us. It’s best for us to think about this, and to ask the tough questions now rather than later.
For example – who will care for you in old age? Where will you live? How will you pay for your expenses such as food and clothing? How will you pay for medical care? What happens if you fall ill and require professional nursing or other supportive care?
Unpleasant questions to ponder on but, we must be practical. Let’s start with some basic steps.
Start Saving NOW
First, start saving a small sum every month towards your retirement. This can be in the form of cash, or investment in a private retirement scheme, unit trust or insurance. See a financial planner to work out what best suits your needs and risk appetite as well as investment objective.
Get your own property
Second, think carefully about purchasing a property (if you do not already own one). While the price of property is soaring and we may feel we cannot afford to purchase, we can have no guarantee that we would be able to afford to purchase a property further down the road. The time to purchase a property is now when you are still working and can qualify for and service, a bank loan – and not when you are older and nearing or past retirement age. You may not have the means by then, to ensure that you can get a roof over your head.
EPF alone is not sufficient
Yes, most of us will receive a lump sum when we retire, in the form of our EPF withdrawal. But how long will that amount last you? Most of the time, relying on that amount alone will be insufficient. A simple mathematical calculation, factoring in the increased cost of living, projected medical needs, and the cost of care as you grow older and more reliant on others for assistance, will alert you to the fact that we should not rely on our EPF.
As the saying goes, do not put all your eggs in 1 basket. The best advice we could ever take is to start planning now. It is never too early, even if you are still in your twenties. It is also never too late to start, even if you are already nearing retirement age.
It may be a long journey, but at least we can improve the outlook by taking the 1st step now.
Posted by :-
There was a farmer in Africa who was happy and content. He was happy because he was content. He was content because he was happy. One day a wise man came to him and told him about the glory of diamonds and the power that goes along with them. The wise man said, "If you had a diamond the size of your thumb, you could have your own city. If you had a diamond the size of your fist, you could probably own your own country." And then he went away.
That night the farmer couldn't sleep. He was unhappy and he was discontent. He was unhappy because he was discontent and discontent because he was unhappy. The next morning he made arrangements to sell off his farm, took care of his family and went in search of diamonds. He looked all over Africa and couldn't find any. He looked all through Europe and couldn't find any. When he got to Spain, he was emotionally, physically and financially broke. He got so disheartened that he threw himself into the Barcelona River and committed suicide.
Back home, the person who had bought his farm was watering the camels at a stream that ran through the farm. Across the stream, the rays of the morning sun hit a stone and made it sparkle like a rainbow. He thought it would look good on the mantle piece. He picked up the stone and put it in the living room. That afternoon the wise man came and saw the stone sparkling. He asked, "Is Hafiz back?" The new owner said, "No, why do you ask?" The wise man said, "Because that is a diamond. I recognize one when I see one." The man said, no, that's just a stone I picked up from the stream. Come, I'll show you. There are many more." They went and picked some samples and sent them for analysis. Sure enough, the stones were diamonds. They found that the farm was indeed covered with acres and acres of diamonds.
What is the moral of this story? There are five morals:
1. When our attitude is right, we realize that we are all walking on acres and acres of diamonds. Opportunity is always under our feet. We don't have to go anywhere. All we need to do is recognize it.
2. The grass on the other side always looks greener.
3. While we are dyeing the grass on the other side, there are others who are dyeing the grass on our side. They would be happy to trade places with us.
4. When people don't know how to recognize opportunity, they complain of noise when it knocks.
5. The same opportunity never knocks twice. The next one may be better or worse, but it is never the same one.
A video shared by my fans
Jim Key " Why do we sometimes takes a child to remind us that? Because Children are earn inhabitant dreamers "
Don't stop your dream because this is what it takes you to move further ahead.
Posted by :-
( A moral story shared )
The big animals were playing a football game against the small animals. The score was sixty seven to nothing in favor of the big animals at halftime. At halftime the small animals had Lou Holtz come in and give a motivational speech to get them ready for a comeback. The small animals kicked off at the start of the second half. The big team took possession of the ball and it looked like more of the same for the second half for the small animals. The Zebra who was the quarterback for the big animals handed the ball off to the Buffalo who ran around the right end for a three yard loss. Everybody looked around but no one knew who made the play. On second down the Zebra handed off to the cheetah that tried to go around the left end but was stopped for a five yard loss. Everyone on the field looked around the field but still no one knew who made the play. On third down the Rhinoceros lumbered up the middle and was stopped on a dime at the line of scrimmage. It was fourth down and the big animals had to punt for the first time in the game. The coach of the small team called a time out and came on the field and asked the team "how are we doing this? Who made all those great plays? Who tackled the Buffalo, who tackled the Cheetah, who stopped the Rhinoceros"? The centipede held his hand up and said "I did". The coach said we could have used you in the first half where were you"? The centipede replied "Getting my ankles taped!"
Point: Sometimes we have to pay the price in the beginning to reap the reward in the end. It is called preparation.
Hi I am Yen Wei Nee
I have been in insurance industry for 17 years and would like to share here with you my experience and information that is now changing our lives.