Op-ed: Make Asset Management More Visible as a Career Choice to Women and Girls

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Ann MilettiBy Ann Miletti, co-lead portfolio manager of the Wells Fargo Asset Management Private Market Value (PMV) Equity team

When I tell people what I do for a living, I am often met with puzzled looks.

These experiences always remind me that asset management is a complex and often misunderstood business – despite the fact that the industry is inextricably involved in the financial and retirement plans of most Americans. Since it is Women’s History Month with International Women’s Day celebrations still resonating, with the theme #betterforbalance, it is a great time to talk about realities, myths and opportunities that come with working in asset management. And, how it is an underdiscussed career path that many women could take, in many forms, either on the retail or institutional side of the business.

My Journey to Co-lead Portfolio Manager

I’ll admit, when I started my career as an elementary school teacher, I would have had the same reaction. However, 29 years ago my path took a sharp turn that caused me to fall into asset management in a most unconventional way. After my son was born with a serious heart defect, I needed to stay home to care for him while my husband worked during the day. But the tremendous financial implications of his illness and of life in general did not allow me to remain unemployed. So, I found a job working the midnight shift at a call center for a local financial firm. This job allowed me to learn about the financial markets and various product offerings from the ground up. Unbeknownst to me at the time, it would be the stepping-stone for a successful career as a portfolio manager at Wells Fargo Asset Management. I currently, along with my team, manage about $4 billion in assets.

Still today, if you ask a high school or university student who is exploring career options or majors what a fund manager or asset manager does, most do not know. Sadly, if they do know anything, it may not be something positive. Hollywood, the media and politicians often portray the financial services industry – and Wall Street in particular – as immoral, driven by greed and selfishness.

In all honesty, asset management, like most industries, has produced its fair share of bad actors. And the financial crisis of 2008 further tarnished the reputation of financial services overall.

Yet the true value of asset management is rarely discussed, which is unfortunate. I firmly believe that the majority of asset management professionals go to work each day with the goal of creating wealth for their clients and helping them prepare for their financial needs, both for today and for the future. Today, our industry in some way manages about $28 trillion in retirement assets in 401(k) plans, pensions and other vehicles.1 Our mission is to help people achieve their dreams, such as sending their children to college, buying their first home, preparing for retirement or something much bigger.

Asset management provides a worthy and fulfilling career – a notion that I believe remains widely misunderstood. For example, I know the returns we generate for our clients are meaningful and make a significant difference in their lives. And without finance, the economy would not grow, creating fewer jobs and hurting all of us, no matter your profession or financial standing.

How do we change the perception?

To start, we need to educate people at younger ages about financial literacy and encourage them to practice responsible money management skills. This is something I am both passionate about and involved in with high school-age kids today.

We as an industry must also stop talking in jargon that is difficult for a mass audience to understand.

In addition, asset management and financial services in general need a pipeline of curious, dynamic-thinking, and diverse people. To attract the right talent, our industry must do more to educate everyone about the value that we provide to individuals, families and society.

We need to more actively embrace diversity, including encouraging young women equally and early to be interested and  confident that they belong in the asset management field – and maybe, most importantly, that they are needed because of their skills.

In research conducted by Wells Fargo Investment Institute,2 we found that women’s attributes such as patience (trading less), discipline (through asset allocation) and a willingness to learn (seeking advice from an investment professional) have allowed them to earn higher returns on their investments for the risks they do take. That is essentially the essence of investing – maximizing returns in the face of risk.

We must find ways to communicate the financial stories of success. Hollywood may have immortalized the slogan “greed is good” with many of the recent depictions showing a persistently evil industry – but that just isn’t so. Nest eggs have grown, college educations have been paid for, endowments have been built up and civic building projects have been completed. These are just a few examples of how society has benefited from the industry.

I am grateful for my career in asset management, a field that thrives on the many strengths and attributes of women.

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Defy Conventional Leadership Wisdom to Achieve Breakthrough Performance

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Leadership is experiencing a metamorphosis today.

Its tried-and-true competencies are being tested (and sometimes even crushed) in our chaotic, always-on, hyper-connected, and competitive world. Conventional wisdom simply doesn’t have the same impact in the context of this new business environment.

Sara Canaday In writing a new book called, Leadership Unchained: Defy Conventional Wisdom for Breakthrough Performance, I highlight a bold segment of leaders who were willing to make completely unexpected business moves with extraordinary results. All of these modern leaders had one thing in common: They refuse to allow the conventional thinking and practices that were pivotal in their past success to become the chains that hold them down in the future.

Their strategic choices were oddly counter-intuitive, undeniably successful, and downright fascinating. Here are six behaviors that break the mold.

1. Shaking off the age-old bias for action and perfecting the use of the strategic pause.

Successful leaders in the modern era seem to have adopted a new habit. Instead of making action the default for every challenge, these leaders are pairing that alternative with an opposite response. It’s not about replacing action, which we know is a necessary leadership ingredient. We still need to reach our goals, meet deadlines, and produce results. This is different.

They think of it as developing a companion habit that celebrates being rather than doing. It involves a strategic pause. A mental time-out. Space for their brains to percolate. Whatever we call it, this new habit requires consistently taking some time away from the chaos of business to let ourselves think.

2. Escaping from the prison of their own perspectives and passionately seeking out cognitive diversity.

Modern leaders know that their own decision-making doesn’t come from a mentally neutral position, so they push themselves to uncover other angles. Not a polite, obligatory surveying of the crowd to reach consensus, but a mold-breaking, eyebrow-raising exploration to prove themselves WRONG.

These leaders aren’t just finding success through an openness to new ideas; they passionately seek them out. They value cognitive diversity and invite team members to challenge them with radical alternatives. They let go of the need to validate their own perspectives, and they focus all of their energy on finding the best solution to meet shared goals. No matter where those solutions might originate.

3. Ditching the need to let hard data drive every decision and welcoming the insights of soft intelligence.

Trailblazing leaders today have recognized the tendency to be held hostage by information overload. Even though it feels unnatural, they give themselves permission to break free from their dependence on data. Do they still value the facts? Definitely. They just work to gain a broader context about its meaning. They’re willing to be informed by data but not ruled by it.

Leaders who are open to the idea of Whole Data—a more comprehensive view of the facts— stretch beyond the usual quantitative boundaries to incorporate intangible elements. They better serve their teams and their customers by paying attention to stories and narratives, emotions and attitudes, worries and complaints, risks and vulnerabilities. They search for the qualitative information that paints a more vivid picture.

4. Dropping their dependence on the usual routine and letting go of outdated tasks and deliverables.

Today’s forward-thinking leaders have realized that everything consuming their time must earn the right to be on their to-do lists. To establish that competition, they have adopted a new approach that defies their normal logic.

Most leaders have a competitive streak that pushes them to take on more rather than do less, but they are seeing the wisdom in that concept. Narrowing their focus to expand their perspectives. Minimizing their actions to maximize performance. Doing less to achieve more. Through the ingenuity of letting go, they are finding abundant success.

5. Defeating the drag on their communication and creating positive experiences that expand their influence.

Modern leaders embrace the idea of disrupting their typical approach to communication. They start in reverse. Instead of trying to determine what information needs to go out, they concentrate on the end result. What impact do they want to make? What are the challenges and perspectives of their audience members? What experience would they like to create?

With that in mind, they peel away all the layers of complexity that have been clogging up their communication and get down to messages that are authentic and engaging. They present them in novel ways. They aren’t afraid to open a window into their motives and rationale. And they create a meaningful, compelling experience that communicates in a more powerful way.

6. Committing to metaphorically resigning their roles as experts and approaching tasks with the spirit of a beginner.

Modern leaders are accelerating their careers by breaking free from the expert trap. They no longer allow themselves to remain captives of their expertise. They are finding the courage to change the tired, old narrative with a new attitude, some genuine vulnerability, and the never-ending desire to learn.

Success for these leaders means deliberately putting themselves in positions to humbly learn and grow. Every single day. They have learned to value questions just as much as the answers. And, perhaps more importantly, they work hard to ask the right questions—many of which start with, “What if…?”

While these exciting new principles are remarkably effective, the most compelling thing about them is the way they are applied. It’s a selective process. Not a simple swap of out-with-the-old, in-with-the-new. There’s a firm acknowledgement that the old rules aren’t completely obsolete. The most successful leaders have a knack for knowing when to stick with the traditional approaches and when to break away. They’ve adopted a new brand of wisdom, and they know when to use it.

About the Author

Sara Canaday is a leadership expert, keynote speaker, LinkedIn Learning instructor and author. She works with leaders and high-potential professionals from organizations around the world to expand their capacity to innovate, influence, engage, and perform. Her new book, Leadership Unchained: Defy Conventional Wisdom for Breakthrough Performance, is now available on Amazon. For more information, please visit SaraCanaday.com.

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Why Relocating Can Boost Your Career—And How to Make It Work For You

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By Cathie Ericson

Whether you’re employed at your company’s headquarters and want to find out more about working in a branch office—or vice versa—relocating within your company can boost your career in a myriad of ways.

It shows you’re a team player if you’re moving to fill a necessary role and bolsters your network of champions as you showcase your skills by working with others in various functions, departments and locations.

The reasons for relocation vary: One survey from Impact Group found that while nearly one-quarter relocated for a promotion, more than half said they were doing it for personal career development.
According to a Robert Half poll, 62 percent of respondents would relocate for a job opportunity—and that might be wise, considering that nearly half find they would receive better pay and perks through a move.

Many of those relocaters are women: A Wall Street Journal article reported that women accounted for nearly a quarter of moves by North American employers in 2016—up from 17 percent in 2009, according to surveys of employers by Atlas Van Lines Inc.
Sometimes the relocation is strictly for professional gains, such as your desire to learn new skills or work with new teams, but other times it’s for a personal reason, whether you want to be closer to family or have always wanted to live in other region. Whatever the reason, here are five ways to make the relocation seamless.

1. Explain why it’s in your company’s best interest.

Whether you want to work in a different division or want a change of scenery, it’s important to make your case carefully if it’s a relocation that you’re requesting, as opposed to one that’s been offered to you. Do some clandestine research on how other relocated colleagues have fared elsewhere in the company—did it propel their career or did it put them on the slow track to nowhere? That can help you determine if it’s a wise career move before you even get started.

And then conduct similar research to help you build your case. Find out how your background and skills can be parlayed into helping your division or location of choice achieve their goals and prepare to make a business case to prove your point.

As Erica Perkins, director of human resources business partners at Glassdoor, explains, “Don’t ask for something if you haven’t researched whether or not it’s feasible. Find out what your employer policy is on location transfers and (if international) global mobility programs and assignments/expatriation.”

You’ll also want to make sure you’re not professionally pigeonholing yourself “by taking on a specialist role,” Jennifer Petriglieri, an assistant professor at INSEAD, tells Harvard Business Review.

2. Learn more about the culture of the office and the location.

Ideally the firm will sponsor a trip for you to do some reconnaissance before making your decision, but if not, consider funding the trip yourself—you don’t want to complete all the paperwork and have your family uprooted only to find out that the office is significantly smaller than you had expected, located in a less-desirable area or has a culture that’s far different from your current one.

“Visiting your new office location at least once before you commit, reaching out to new coworkers via email or LinkedIn, or inquiring about the different types of culture-building activities offered to employees (or lack thereof) are just some examples of ways to vet a new opportunity,” recommends Phoebe Licata, an employee engagement consultant.

And utilize the power of social media to find out more about the city in general if you’ve not spent significant time there to make sure that it offers the ambience you prefer, whether that’s for cultural activities, outdoor adventures or a burgeoning restaurant scene.

If you are unable to visit, see how much information you can glean from coworkers—ideally you have a contact in the office who can be candid—or talk to other colleagues who regularly interact with those in the potential location. They might be able to give you important intel that can solidify your decision—or at least ensure you are prepared once you arrive.

3. Negotiate a compelling redo package.

The Robert Half survey found that more than one-third of companies have increased their relocation packages in the past five years, but it’s important to learn who will shoulder the various expenses. Among the aspects to consider are:

  • Funds for a fact-finding trip.
  • Moving expenses.
  • Temporary housing.
  • Housing allowance for a down payment, or a stipulation that the company purchases your existing home if it doesn’t sell.
  • Fees that might be required for new licenses, registration, utilities, etc. Also consider all contracts you have in place you might be breaking.
  • Other assistance, such as finding schools or jobs for your family members.

Also make sure to research the cost of living in the new location; if it’s significantly higher, you might want to ask about a bump in pay or subsidy commensurate with those expected higher expenses.

This is also the time to confirm whether it’s a permanent or temporary assignment and what recourse you have if things don’t go as planned.

4. Consider a “trailing spouse” if you have one.

As Matthew Bidwell, an associate professor at Wharton, explains in the Harvard Business Review article, “It’s not just what does this mean for your career, but what does this mean for our family?” he says.

Companies are realizing the importance of a happy family: The same Atlas survey found that more than 60 percent of employers provided job-hunting aid for spouses or partners in 2017, nearly double the 33 percent who did so in 2007.

And in addition to inquiring about the assistance your employer might offer, think through other networks or opportunities your partner can tap, whether it’s through their current job or LinkedIn connections. See if there are others in your new office who might be families with the industry and have contacts to share.

Making sure your family is on board with the move is a key part of your eventual success.

5. Embrace the adventure.

Whether the relocation was your idea or was something “strongly recommended” by your employer to advance your career, look at it as an incredible opportunity to try something different, meet new people and further enhance your career and your value to your company by bolstering your network and your skill set.

“A career is long; we can all afford a few adventures, and we have plenty of time to experiment and explore,” notes Petriglieri.

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A 10-Step Guide to Adapting Your Resume for Your Next Job

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Most people have a well-crafted resume in their drawer just in case one day they might need it again.

As time passes, the recruiters are more and more selective, so, exceptional resumes are harder and harder to compose.

For instance, today’s most recruiters are using an ATS software for scanning potential candidates, and only if their resume passes the software they will get a chance. Therefore, a decently-written resume won’t do the job today, especially if you’re applying for an executive job post.

The competition between the candidates is very high as well, so there’s another reason why your resume must be perfect. But if you’re fighting for your dream job, I’m sure that you’ll take all the measures necessary to craft a resume that will get you the interview.

In order to help you with your journey towards creating a flawless resume, in today’s post, we’re presenting our 10-step guide to adapting your resume for a CEO-level job.

1. Present Your Credentials at the Top of Your Resume

Presenting your credentials at the very beginning, right below the title, before your contact information, is a great way to begin the resume. This applies regardless to the type of job post you’re applying for.

Of course, the credentials must be related to your job description. This placement is a great choice in order to ensure that the recruiter won’t miss them.

2. Provide Links to Your Social or Professional Accounts

Most employers are checking their employee’s online presence, so of course that they’re going to check yours too. Social media is a great part of many people’s lives nowadays, so it’s a great place to find out more about the candidate.
Therefore, you must be transparent from the very beginning and along with your contact information, leave the links to your LinkedIn profile, to your website, or to your portfolio.

3. List Your Core Skills at the Beginning in a Readable Format

Skills are always important no matter your experience in the field. Nevertheless, recruiters don’t have the time to spot out your skills from never-ending sentences, so the best way to present your core skills is by listing them. As well, list your skills according to their relevance and according to the job description.

4. Present the Achievement Section near the Top

The achievements section does not only have to be placed at the top of your resume, but it also needs to be selective. I mean, you surely have many things to praise with, but not all of them are relevant or that impressive. You are here to become remarkable, so stick only to your greatest achievements that have a strong connection with the job post.

5. Relate Only Your Recent Work Experience

If you apply for executive positions, it means that your experience dates back in time. Therefore, you can spend days filling pages with all your achievements. Unfortunately, recruiters don’t leverage that time, so you’d better stick only to the most recent experience and achievements, no further than 15 years.

6. Focus on Your Achievements

Words are empty. Action, on the other hand, can talk very loudly. Recruiters aren’t interested in reading stories, they want facts. Therefore, they want numbers. Translate all your achievements in numbers. That’s how they know how valuable you really are.

7. One-Page Length is a Myth

Yes! That’s right! The fact that a good resume should be at tops one-page length is a myth and nothing more. Haven’t you ever wonder how someone with 30 years’ experience is supposed to write all his skills and achievements in just one page?
Two pages aren’t too long, for some may even be too short. Anyway, it is enough space to sum up all your work-related experience and history. But if you encounter any trouble with fitting all your relevant information in two pages, you can seek for guidance at Career Booster or other similar sites.

8. Leave the Education Section at the End

The education section is indeed important, especially if you have recently graduated and your skills list is limited. But in our case, education is barely relevant comparing to your achievements from the past years.

Therefore, while adapting your resume, make sure that you leave the education section at the end. Otherwise, if you let any other section which is more important, the recruiters may skip it as they rarely read a resume until the end.

9. Adapt Your Resume for AST

First of all, what is an ATS? ATS is a software, specially programmed to tailor a resume according to a job description. Thanks to this tool, recruiters can save a lot of time while the software sorts out the “bad” resumes.

You see, throughout the job descriptions, there are certain key-words that must be included in your resume. If you fail to do so, the ATS software will automatically consider your resume “bad.” Simple as that. Therefore, it’s crucial to tailor your resume if you want any recruiter to actually read your paper.

10. Proofread

You’re almost done! Even if proofreading is the last step of the process, you must take it very seriously because the devil is in the details.

You can’t afford to present a resume with simple grammar issues and misspelled words. You’re applying for an executive position, so mistakes aren’t acceptable, especially when the expectations are so high.

Even after you proofread a few times, you can still expect mistakes. That’s why you should ask someone to take a look over your resume too. As well, you can always seek help online.

For example, you can find many experts ready to help you at Superior Papers and Resumes Planet. This way you can sleep well at night knowing that an expert revised and approved your resume.

Conclusion

An executive job post requires an outstanding resume that is able to make a lasting impression in any recruiter’s eyes. If you already have a resume that only needs to be adjusted, well, you’d better think twice.

Adapting a resume is just as hard as composing a new one, so you must take this process very seriously, of course, if you want any recruiter to take your resume into consideration. But that’s why we created this 10-step guide – to help you turn your old resume into an interview-winning resume.

About the author

Guinevere Coulis is a passionate writer, journalist, and traveler. Currently, she is working for Brill Assignment. Occasionally, she writes essay papers for A-writer.com as she wants to help students all over the world. Traveling is a part of her life as she’s always working from different parts of the world where she enjoys connecting with people and experiencing new things.

This is a guest contribution. Guest views are their own and theglasshammer does not endorse guest views, or have any affiliation with any services promoted or offered.

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Op- Ed: How To Have the Hard Conversations About Casual Racism

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casual racism

By Nicki Gilmour
It is Black History Month. Beyond the celebration of African heritage, it is also a time to have the hard conversations.

Hard conversations around race, ethnicity, racist behaviors and what makes someone or something racist are uncomfortable for many people and it takes bravery, an open and developed mind and good intentions to embark on them. If you are a white person you have to face that you might have some white privilege going on, and it is easier said than done. If you are a person of color reading this, know that i am terrified to dissect this, but want to in service of advancing the subject and hope I can provide a way for everyone to think differently. Casual racism and casual sexism have a lot in common, it is like a 2.0 version where it is not exactly explicit but has enough intoned for us to know on the receiving end of it, that there is something implied to ‘keep us in our place’, the place before we were here. The sunken place in the fabulous satire Get Out explains race in America better than most articles I have seen.

It is a fragile yet perfect time for conversations about social identity and specifically race and ethnicity with different voices calling out Gucci and Katy Perry’s products saying they evoke Blackface depictions this week. Liam Neeson disclosed information about an incident that could have ended in a vengeance murder of an innocent black person 40 years ago in the UK. So, If not now, when would we talk about racism, casual and otherwise?

Racist? I am not a racist! 

In case you missed the whole disclosure from Liam Neeson, this VOX editorial piece is the best round up of opinion and links I have read about the topic. But, what is striking about this whole incident to me is that he seems oblivious to the obvious conclusions that most of us have around his language today describing the incident in the past. His reaction of surprise of being called a racist for his admission, is casual racism and white privilege, as it is afforded only to people who have the luxury of not understanding what it means to be black, or in other circumstances of casual -isms, a woman or LGBT in this world.

I grew up in the sectarian violence of Northern Ireland so I understand firsthand what he is saying about pitting entire groups against each other based on identity and affiliation by default to a two group system to brutalize the brutalizer or one on their “side” in a vicious cycle of perceived wins. So, his context is what we call in Northern Ireland “tit for tat murder” and I think while it might be hard for people to fully understand what he is saying about his programming, it is relevant here. Not in any way an excuse, but if we apply how one’s lens or worldview shapes us we can start to understand why people will differ in their opinion of what constitutes racism and why that is.

The ‘socialized mind’ is one that does what is expected of it, according to Kegan (Harvard developmental psychologist) who suggests that between 58% -75% of the population can only view incidents subjectively. Simply put, situations only makes sense to them according to how they directly experience events and data filtered through the lens of lifelong cultural and familiar constructs.

I think Liam is still very much unconsciously but not consciously having a reflection around masculinity and its role in the patriarchy. He is now fully starting to challenge his childhood constructs and that review is a good step.But, I have not seen him have any glint of awareness that he is not extending the same review he gave to his constructs around vengeance of the other group to his worldview on race and ethnicity. He has not gotten to a place where he can also see that by asking the second or third question to his friend who was raped consisting of ‘what colour was he?’ was only a deductive question to get an answer he wanted. It was a new form of in-group and out-group category process that remained in his framework from Northern Ireland’s two group system of “Us or them”. So, he did (and does) have bias against people of color and predisposed stereotypical notions, but he had no clue until now and possibly continues to not see it. So, having seen this play out in all aspects of diversity, my question always becomes one of why do the rest of us have to suffer as a default group affiliated member (person of color, woman etc) while the straight white guy has a mere inkling that fish do not know they are swimming in water and wants a prize for admission of a bad behavior? My conclusion is always, ‘better late than never and keep going.’ because what other choices do we have for progress?

What are the best ways to prepare for a hard conversation around ethnicity and race?

A discussion around race is ripe or any other hot topic involving identity and legacy power, whether in this piece or at a dinner party, only if the people reading this or eating dinner with you are not beholden to making meaning of experiences only via the usual cultural sources given to them over a lifetime, processed exclusively through that worldview.

Race, politics, sexism, and the gold or blue dress challenge all boils down to what your brain thinks it knows to be true. According to Kegan and Lahey, developmentally if you can only look through your lens without being able to look at the lens itself, you are beholden to that socialized mindset of tribal, go with their crowd thoughts trapping you forever in subjectively. Sound familiar? The problem is we get nowhere as people name call and soundbite at each other on social media and family dinners and it shuts down an actually productive conversation that is needed to resolve tough topics. Hence, the masses scream on twitter and some people will say they are right in naming racists as racists and others will say that they do not believe that person or product is racist and that is an over reaction and just cannot see what you are talking about or come to their defense based on personal frameworks versus wider systemic thought frameworks, or objective review.

The adult developmental level beyond the socialized mind is the self authoring mind and then the self transforming mind. In this situation and in casual racism, we have to go beyond our beliefs and experiences to understand other people’s experience in their context, not just ours. What Michelle Rodriguez missed in her defense of Liam was not lost on Shonda Rhimes or so many others.

In our socialized mind we can argue all day whether he is a racist or not a racist, and we will both feel vindicated. In our self authoring mind, we can apply frameworks that help us understand systemic matters such as societal bias, stereotyping and legacy historical power issues. Then, we can understand why Black Lives Matters for example, is not negating that all lives matter and by saying it is, is a denial of inequity and a microaggression.

Equipping yourself with the capacity to enjoy ambiguity while developing mental complexity and having competing ideas without having to throw one out to streamline or prevent cognitive dissonance, is a growth strategy for you in your career and life.

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The Legacy Mindset – Why It Matters (Part 2)

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Image via Shutterstock

Last week, we featured part 1 of a guest contribution around having a legacy mindset for success. Enjoy part 2.

What can stop us from having a legacy mindset? What we forget in the 24-7 race that consumes our lives these days is a reminder of what is truly important in life. We want more than just to earn and consume. We want to matter in our lives. And in the lives of others. We want to make an impact on the world, not just make an income. And to do so, we need to change the definition of what it means to be successful.

Business people often think only of the bottom line but adopting a legacy-driven mindset puts you in a position to make that quantum leap forward, which will drive and sustain relentless development for future generations.

The Magic of the Arts to Shift Paradigms

A prime example of legacy-driven mindset resulted in one of the great paradigm shifting moments in business and culture. Business decry the lack of people who can write well and communicate in new ways. But in our short-term drive to believe that technology will solve all problems, people ballyhoo the arts as not really needed in our new digital world. Yet the magic of the arts is that they allow people to think and communicate differently—which if you’re a business, is exactly the edge you are looking for. Look at Steve Jobs who loved typography—and how form followed function in such a beautiful and timeless way—that he almost became a type designer. But instead his enduring love of beautiful and functional design manifested itself in the I-phone. He never lost sight of what drove his inspiration.

To Be Lucky or Be Prepared—That is the Question

What makes adopting a “legacy-driven” mindset so compelling is that you are always prepared. And in the capricious world of business and life, being so steadfastly prepared makes you constantly able to meet luck as if it’s an everyday occurrence. “Luck Is what happens when preparation meets opportunity” is the timeless quote of Roman philosopher, Seneca. You hear people say all the time talking about someone becoming an “overnight success” or reaping a windfall. Was Steve Jobs just lucky or was he always prepared?

A legacy-driven mindset is the basis for all profound changes in people’s lives. Though many of us will not change the world like Steve Jobs, we still deeply desire to touch those around us and to leave a lasting impression. Yes, we want to make an income but we desire to make an impact.

Leave Your Legacy Inside People

You want to change the world? Then leave your legacy inside of people. Inspire them with how you walk your talk. When leaders adopt a legacy-driven mindset, they leave something in people—and not just for people. Want to change the world? Inspire people to inspire themselves. That is truly living your legacy, which then is constantly renewed in others. Leaving people with things or information is not enough. Leave people with inspiration.

Why People “Undo” Their Legacy

I’m always amazed when a business or a person decides to “undo” their legacy for the short-sighted pursuit of an immediate gain versus the long-term success of a legacy-driven philosophy. It’s the candy-in-front-of-the-kid syndrome. “I want it now because I can have it now.” That’s how children think. Think of Wells Fargo or Volkswagen. Or Google or Facebook. What was Google’s mantra? Do no wrong—where did that go? But we excuse their behavior by saying, “They are big corporations with a bottom line and shareholders to satisfy.” But what really happened? They forgot who they were and why they were. A legacy-driven bottom line is much different than a ledger-driven bottom line. Which do you think will endure for a hundred years? Any enterprise that is led by people will possess the same characteristics that can be undone by people.

You Already Have the Answer—You’re Just too Busy to Hear It

How do you begin thinking in this “Legacy-Driven mindset?” Decide in your life what is important. You don’t have to do it overnight. But ponder it a bit. Make a list if you need to. When I ask people if they could do any three things in the world right now, what would they be? And they’re always surprised they have an answer. You’ve already prioritized things in your heart but your mind just doesn’t know it. Sometimes you have to cut through all the myriad noise and malarkey in your busy mind to find the truth that’s been there all along. Many times we’ve already made the priority in our hearts, but our minds just can’t—or won’t hear it.

The 4-Ps’s of Creating the “Legacy-Driven” Mindset

Another simple but effective way to help you think about the “Legacy-Driven” mindset is to use what I call the 4 P’s! These are: Passion, Pursuit, People, and Peace.

Passion is what makes you smile. What brightens your eyes when you think about doing it. This passion is the heart of living a “Legacy-Driven” life.

Pursuit is making this passion a reality.

People are real. Communicate with them. Be with them. Put away the electronic barriers that make real communication a false reality. Dance with people you really want to dance with. And don’t be afraid to dance both backwards and forwards. When people believe in your passion, they make the pursuit of it so much more worthwhile.

Peace is finding or creating peacefulness inside of you—one of the most difficult actions to attain in our brutally busy lives. It’s the being mindful of being human—and truly aware of being alive. Do this small step at the end of everyday—it’s a lovely way to put yourself to sleep. Ask yourself did you do a small act of kindness that day? Did you stare at the clouds for a moment? Do you put really listen to someone? Did you just stop and quit thinking for a moment? And if you did any or all these things—smile to yourself that you lived well that day. And if you didn’t, then go to sleep saying you’ll try again tomorrow.

A legacy doesn’t mean the end, but the beginning of a new phase in your life or the next chapter. In order to succeed, you should identify and evaluate your legacy at each stage in your life, whether it’s career oriented or personal. In your quest to make an impact upon yourself and others, you will discover how well this “Legacy-Driven” mindset creates a much deeper sense of a life well lived, while you’re actually living it.

Bio:

Carew Papritz is the 5-Time award-winning author of the inspirational book, The Legacy Letters, which was featured last month in INC.: 5 Gifts That Will Do Good Long After You Buy Them

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Experience Business and Personal Success in 2019 with a “Legacy-Driven” Mindset

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Making an impact will be just as important as making an income is central to adopting a “Legacy-Driven mindset” and that becomes crucial to long-term success in both our business and personal lives.

In watching how people navigate the landscape of their business and personal lives, I believe that women have a better sense of how to adopt and implement this way of life because women always seem to be in charge of balancing the life and work dance—and like Ginger Rogers with Fred Astaire, they can also do it backwards.

Why a “Legacy-Driven Mindset” is Not a Strategy or Tactic

The “Legacy-Driven mindset” is deciding what is truly important in the entirety of your life—and then living it. Why is this crucial to long-term success in our working and personal lives? Thinking about long-term successes rather than short term fulfillment keeps you focused on your specified path during times of chaos and uncertainty. And because your actions are rooted in a much bigger picture of how you should live your life, you won’t be pulled willy-nilly by every capricious whim and wind that comes your way.

“Living Your Legacy”—In my writing and speaking to groups about my book, The Legacy Letters, I came to the realization one day that legacy was not the sum total of who and of what you left behind in your life but how you “walk your talk” or “live your legacy” in all your words and actions. This long-term outlook—this legacy-driven outlook—is what gives purpose to your priorities. Thoreau wrote: “Simplify, simplify, simplify.” I would rather it be: “Prioritize, prioritize, prioritize.”

The “Ginger Rogers” Syndrome—Why is it so important to prioritize in this life? Because we’ve come to believe that everything we do, all the time, is important. That if we could only answer the next e-mail, text the text message, race to the next meeting, buy the next new thing, go on the perfect vacation, dot every “i” perfectly and cross every “t” like precision, then we would win the race, become the perfect person, and get the gold star for doing the most things in a twenty-four period of time. And as so many professional women know the “Ginger Rogers” syndrome, they still can do it backwards. But this perfection is false prioritizing. It is just checking boxes. And when you reach the end of your life, are you happy that you checked so many boxes so well?

The Regret Test—When I speak to audiences about legacy-driven life, I ask them to take a simple test that I call “The Regret Test.” Imagine you’re ninety years old and now can look back on your life and find all the regrets you have. Imagine talking to yourself right now at the age your and say, “Why are you still at that “great” job making a ton of money and being totally miserable?” or “Why don’t you leave that idiot boyfriend and find someone who loves you, or really wants to have kids with you, or loves you being the CEO of your company?” or “Why don’t you go live in Colorado or France like you’ve always wanted?”

Then you continue the conversation: “I’m here to tell you as your ninety-year old self, you are going down a long path to unhappiness and ultimately will have more regrets than not. And I’m here to tell you that it really sucks to have more regrets at the end of your life when you could have easily decided not to have gone down the path of most regrets. You could have decided to live your life and not the life everyone else wanted you to live. Because, at the end of the day—or the end of your life—if you can’t say to yourself, I’ve done a good job of living well, then you really have blown it.”

Now that’s one powerful conversation to have with yourself.

Bio:

Carew Papritz is the 5-Time award-winning author of the inspirational book, The Legacy Letters, which was featured last month in INC.: 5 Gifts That Will Do Good Long After You Buy Them

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The 4AM Club: Three Ways to Make It Work For You

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You’ve heard it said: the early bird catches the worm — in the opinion of many highly successful people, the phrase is much more than a cliche.

The benefits of an extremely early morning routine have been touted by so many self-made celebrities that the “4AM Club” has become a part of the public vernacular. It’s the magic hour for many world changers like Oprah, Michelle Obama, and Tim Cook, and experience has taught me why. In my world, it’s a time of quiet, focus, determination, and accomplishment.

As an entrepreneur and a mother, high-paced days at my desk and endless days on the road are only outpaced by high-energy evenings and weekends with my family of five. By waking up at 4 AM, I’m able to routinely devote time to my own self-development and care, a necessary practice for success in all areas of my life.

If this is something you’ve wanted to try but haven’t yet managed to find success in, here are a few keys I’ve found to making this routine not only possible, but extremely enjoyable as well:

Check your DNA

Our tendency to be productive at certain times of the day is often hard-wired in us, an internal clock that’s determined by our DNA. This genetic predisposition is called our chronotype. If you identify as a “night owl”, then you can stop reading now. This method is not for you. In fact, research shows a correlation to weight gain, diabetes, and heart disease if you try to force an extra early wake-time when your DNA is telling you otherwise. But if you feel like you do your best work in the morning, or maybe you’re not sure, than the 4 AM club could be for you.

Check your Watch

The key to sustaining this routine has everything to do with a consistent sleep schedule. Knowing the exact number of sleep hours that support your peak performance is requisite to success. Not getting enough sleep effectively compromises all the systems that work together for success in day-to-day life. Without enough sleep, the motivation to exercise is zapped, food choices start moving in a downward spiral, and productivity at work takes a nosedive.

Check your Excuses

An early morning routine is a no-excuses kind of practice. Follow the 21/90 rule — on average, it takes 21 days to form a habit. If the system seems to be working for you, another 90 days is recommended to turn it into a permanent lifestyle change. That said, the first few days will inevitably be brutal. Resist the temptation to hit snooze on that alarm by using the Rule of 5. When the alarm goes off, count to five, pop up, and start moving out of bed, no matter how you feel about it in that moment.

Above all, know that every person is wired in their own way, and successful habits look different for everyone. Do not try to define yourself by what works for others — instead, let them inspire you to find your own routines that drive you toward your goals.

Author Bio

Judith Nowlin, Chief Growth Officer with Babyscripts. Judith created iBirth™, a mobile care companion for pregnancy, birth and postpartum, to help healthcare practitioners deliver better health outcomes for women and children in the United States and beyond. The original idea for the app was born out of her prior decade of service in maternity care. The technology platform she and her team built has since impacted nearly 1 million families on their journey toward optimal health and wellness during one of life’s most precious times. iBirth was acquired in June 2018 by Babyscripts, Inc., the leading virtual care platform for obstetrics. You can find her here: https://www.linkedin.com/in/judith-nowlin-3a9b82b/

Guest contributors views are their own.

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Taking an Early Career Setback into an Opportunity

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For many, a career setback does not come strictly by being fired or laid off although.

As a woman in business, there also are subtle ways you may experience bumps in the road. Maybe you were just passed up for a promotion or you are coming back from maternity leave to find the company’s culture has changed for the worse. No matter what kind of setback you’re experiencing, here are a few steps to turn your negative experience into an opportunity for career growth.

Make Financial Independence a Goal

When you experience a setback, start working toward financial independence. To be able to make a move to a new company, city, to work for yourself, or going back to school, you’ll need to have money saved. If it’s possible to stay in your current job for a little longer to add to your savings, do so and bide your time. Even though you may be ready to move on, hold on while collecting your regular paycheck.

But remember, don’t stay too long if you’re not mentally prepared for the work ahead of you. If you’re not operating at your best, those around you will notice. Leave a great impression on your colleagues when you finally depart, because you never know when your paths may cross again in the workplace.

If you’re ready to leave or have been fired, take steps immediately to stabilize your financial situation. Even if you can afford your current lifestyle, cut back on those little expenses that add up. Especially if you have less than 6 months’ expenses saved up, take every precaution to use those savings sparingly until you’re back on your feet.

Keep A Positive Attitude

Just because you’ve experienced one setback doesn’t mean you can’t accomplish your goals. Find some time for yourself to take do a little self-care to put your mind in a healthy place. Operating at your best is an important step to being able to tackle the next opportunity head on. You are your best ally, and it’s key to take good care of yourself.

Find Mentors

Having other driven and successful women on your side is an invaluable resource. Reach out to women in your field who have achieved your goals or that you want to emulate. You would be surprised how each person’s path to success varies greatly. Join a professionals group in your field, especially one for women. There are other women out there that understand the unique challenges you may face in the workplace and how to navigate those successfully.

Remember, you won’t want to ask your current peers or supervisors for recommendations if you’re trying to apply for other jobs quietly. If your employer learns you’re leaving before you have an offer in hand, you may be seen as less committed or lose valuable leverage for negotiating. Having mentors outside of your current company helps you have additional flexibility when asking for references, testimonials, and letters of recommendations.

Add To Your Resume

Find opportunities to collect your resume and portfolio assets while you still work for your current organization. You might lose access to some of these projects when you leave. Take an inventory of what you’ve accomplished and save anything you can legally use for your future. Depending on your current employee handbook and contract, be aware that there may be some proprietary information you cannot leverage for a resume. However, save everything else that you can because you never know what may be useful in a future job.

While volunteer experiences won’t directly benefit you financially, you can learn a lot from volunteering and add valuable interest points to your resume. Employers love seeing that a potential candidate is engaged in the community because they are better equipped to create a positive culture in the workplace. Find a volunteer opportunity that is directly applicable to your career, and you may find connections to other people who are in your field.

Get Organized

If you are working towards specific career goals, break it down into manageable pieces. When you set a lofty goal, it can seem too far away to accomplish in the short term and it may become overwhelming. By giving yourself a roadmap to success, it’s much easier to visualize the path you need to take and show each step with the final intention in mind.

In addition, write a list of what you like and don’t like about your career. How can things be better? What type of company do you want to work for? By answering these questions, you know what to ask your next interviewer to get to the heart of their organization.

When you ask the right questions in an interview, it quickly sheds insight on how the organization operates and where the potential problems may lay. Simply asking “What is your culture like?” doesn’t give you everything you need to know about a new company. Instead, ask questions like “do you feel like you have the resources you need for success?” If you’re looking for a job where you feel more supported, this question will open an honest conversation with the interviewer about those attributes.

Check out the infographic below for some more tips on how to deal with career setbacks from entrepreneurs, investors, and creative minds.

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4 Tips On Time Management for People Pursuing Online MBAs

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Obtaining an MBA can expand your earning potential and career opportunities exponentially.

Unfortunately, not all aspiring MBA recipients have the bandwidth to juggle jobs, family obligations and other everyday responsibilities with taking part in the MBA programs offered by traditional colleges and universities. Luckily for interested parties held back by schedule constraints, it’s now possible to earn an accredited MBA from the comfort of home – and on your time.

However, while online MBA programs are typically easier on one’s schedule, they still require a fair amount of commitment. Students interested in earning an online MBA in a timely and efficient manner can benefit from the following pointers.

Be Consistent

If you’re accustomed to learning in structured environments, taking part in an online degree program may require a bit of adjustment. Since these programs generally lack the rigid schedules of traditional schools, self-motivation is crucial to student success. While becoming a self-motivator may seem like a daunting prospect, it’s by no means impossible – provided you practice consistency. This means devoting a set amount of time to your academic pursuits each day and committing to this schedule. Whether it’s early in the morning or after you’ve come down from the day, make a point of meticulously adhering to your self-imposed study time. For many students, this will initially prove difficult, but after a few weeks, being a self-starter will start feeling natural. Just remember: proper planning is key.

Don’t Allow Coursework to Pile Up

Allowing coursework and important end-of-term projects to pile up is one of the worst things any student can do to themselves. Although it’s considerably less stressful than going the traditional route, earning an MBA online still requires students to keep up with coursework and follow a syllabus. Even if due dates aren’t as set in stone as they are at brick-and-mortar schools, you’re expected to complete coursework within a reasonable timeframe. As such, consistently putting it on the backburner and allowing it to accumulate will only hurt your MBA prospects. Additionally, it will throw your daily study schedule into disarray, thereby making effective time management an impossibility. To ensure this doesn’t come to pass, you’ll need to regard your syllabus as a sacred text and treat the due dates listed therein as sacrosanct.

Eliminate Digital Distractions

As much as people hate to admit it, many of us are slaves to our devices. The average American seldom goes more than five minutes without looking at their phone, with the time span between phone-checks getting progressively shorter each year. Furthermore, when we’re not looking at our phones, we’re often working at computers or relaxing with our favorite tablet. Unsurprisingly, this plethora of digital distractions can make concentrating on one’s studies incredibly difficult.
With this in mind, make an effort to eliminate as many distractions as you can during your designated study hours. This can mean shutting off your phone, placing strict limits on personal web browsing and turning off any nearby televisions. For dedicated techno-junkies, this can be a difficult adjustment to make, but the increased productivity will prove well worth your efforts.

Accept Help When It’s Offered

Many people have trouble accepting help from others. Since we live in a culture that celebrates self-reliance and regards workaholism as an enviable trait, it isn’t difficult to see why. However, the busier someone is, the more help they’re likely to need – and this is particularly true in the case of returning students. Going to back to school as an adult can be incredibly taxing, especially for students with families and full-time jobs. In many instances, accepting help is the only way for students to succeed, so if a friend or family member offers to assist with childcare, food preparation or financial matters, there is absolutely no shame in taking them up on their generosity. Not only will this approach save you time, it can also diminish your stress levels considerably.

There are many good reasons for adult learners to pursue MBAs. In addition to heightened earning power and broadened career paths, earning an MBA can dramatically improve one’s quality of life. Furthermore, with online degrees becoming an increasingly popular option for both new and returning students, accredited MBA programs have become more accessible than ever. To get the most out of these programs, students need to consistently apply themselves and practice proper time management.

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