Robert Kiyosaki, author and entrepreneur, became famous for his Rich Dad Poor Dad series of books. In this video he outlines his four-quadrant model which illustrates four very different attitudes to work and money.
Robert Kiyosaki suggests that if you are to successfully make the move from employee to entrepreneur you need to change your way of thinking, change your internal money mindset.
Is there an entrepreneur lurking within you who is just waiting for a chance to experience this internal mind shift, then make it happen in your life? Many people are ditching the idea of a traditional retirement to embrace a new lifestyle, generating income from their own online business.
When your confidence has been shattered it is difficult to pick yourself up and move on in your career and your life. This series of 5 Slideshare presentations will help you to find ways to put together your fragmented confidence and not let it stop you achieve your goals.
The biggest difference between a confident person and someone who lacks confidence is that the confident person recognises that they have choices and they are prepared to back their decisions. Even if your confidence is still not strong take the time to consider the options that you currently have.
Your choices must be determined by your financial security and your responsibilities, but let's look at the choices and see if any of them are possible for you to consider.
In previous posts we have talked about continuing in your job but in another area within your organization, or changing careers altogether. Now we have the third element which involves the number of hours you actually work. Achieving your goals might prove to be as simple as changing from full-time to part-time work.
To add more variety to your range of options you could have a “portfolio career”, that is full-time work consisting of different part-time work. For example you could work five days a week, spending Monday and Tuesday as an independent self-employed consultant and then work Wednesday to Friday for a firm which employs you. So your options can be summarized as:
Sharing your job is another option to consider. A job share situation can be described as one full-time job, performed by two people each working part time, sharing the responsibilities and roles within the job.
There can be problems if one of the workers is not pulling their weight but provided both are happy in their role this can be the best of both worlds. The employer is getting two great workers, and the workers are getting the right mix of work and play, although obviously they are effectively halving their income.
This is an option many people choose when they make a career change. For many mature workers a home-based business, consultancy, or online business enables them to use their skills and experience for their own benefit. However you need to be very sure that this is the right path for you before resigning from your current job.
There are pros and cons for self-employment as a career change alternative. However, if you carefully consider your decision and plan well there’s no reason why you can’t thrive and be successful.
Governments today provide considerable support for people wishing to start a small business. Many of the resources are free. Short courses about operating a small business are readily available. If self-employment appeals to you there may be support and assistance, even financial assistance, to help you create a strong and successful business.
You may like to read the previous articles in this series:
Making the decision to change your career requires courage, and making a smooth change requires wisdom, clarity and strategy. Anyone who chooses to change their career will face challenges, and this does not get easier with age. As we face the challenges our confidence can be eroded, bit by bit or through some nasty incident.
Rebuilding or maintaining a strong healthy confident outlook on life is, in itself, a challenge! That is magnified by the challenges that everyone has to deal with, but if you know what is ahead you can be ready to manage your reactions.
Let’s face it – your age is what it is and there is nothing you can do about it. If you need to change the colour of your hair, lose weight or obtain more qualifications then there is something you can do to make these things happen. With your age, there is not one thing you can do! So put your birth date aside and get on with facing the challenges you can conquer, fighting the battles that you can win. There is no point in dwelling on your age as an issue.
Wanting to change your job is one thing but making the decision to pursue a new career is another thing altogether. Many want to do it, but few have the courage and determination to follow through!
During your working life many new occupations and even industries have appeared, but, unless you have had the opportunity to gain skills through your current work, many mature workers are unaware of some of the new jobs that exist. To overcome this challenge and gain a contemporary perspective do some research on areas with which you are not familiar. This can be done by looking at job ads in newspapers and on the internet. By all means consider a career change but don’t limit yourself just to the jobs you already know. Give yourself the widest range of options!
Society today seems to be dominated by youth and beauty. Maybe it was always like this, but when we were young and beautiful (and sadly most of us didn't realise we were at the time!) we thought it was perfectly normal. Now it seems ageist to us! The media go wild about ‘beautiful young things’. Many television programs cater for and star young people. However look a little harder and you will see that there are many mature workers involved in every industry.
Age is a common stereotype. The image of an older worker who is slow to learn, set in their ways and dull to have around is full of prejudice and stereotype. It is also blatantly not accurate for most people. However ageism, sadly, is alive and well. Nevertheless, let’s face facts here; some older people are indeed slow, finicky and dull. But so are some younger people!
What you have to avoid is falling into the trap of perpetuating that image. You are looking for work in the 21st century. Workplaces are contemporary and you need to be contemporary also in order to be considered a suitable employee. Don’t dress like a 25 year old, and conversely, don’t go to work looking like your grandmother. You don’t need to be the computer whizz kid in the workplace, but you must have the appropriate level of skills for your job. You can wear your glasses to read, but don’t make a big deal about the fact that you can’t read without them. Get the idea? Be your best self in the workplace, not some caricature of your age.
Even if ageism and stereotypes are common you can overcome these challenges. While many employers seem to favour young workers there are also many employers who welcome older staff members. They appreciate experience and reliability. You have those qualities in spades. Break free of the stereotypical mould by showing them what you are capable of. If you believe that you will encount age discrimination then you will find it everywhere you go, so don't go looking for it. Your challenge is to communicate that you are capable, talented, reliable, enthusiastic and definitely a person worth hiring.
Perhaps the biggest challenge to many people is their own opinion of themselves. Many older workers ask themselves, “Is this all there is?” They wonder if they will ever do anything exciting and worthwhile in their working life. And if they do want to try something new, the biggest handicap is their lack of belief in themselves.
So, what do YOU think of yourself? Be honest and look at yourself as a stranger would with regard to your
If you aren’t happy with your personal rating of yourself do something about it. Making changes to improve your image and attitude will impact on your self-esteem and self-confidence. When you have a strong self-image, changing your career is so much easier. I recently saw a UK TV production about makeovers of two career women. There was a huge difference in their self-esteem after the makeover. When they knew they were smartly dressed and looking attractive they projected an entirely different energy. What was fascinating was the reaction of the people they interacted with at work who obviously viewed them differently because of their “new image”.
Now don't misinterpret my comments here as preaching. I'm writing them as much for myself as for you. I would benefit from making many changes in this area of life. So please understand that, although this may seem harsh it's what many of us (myself included) need to hear.
You may like to read the other blog posts in this series:
Confidence is critical, but when you are experiencing problems at work and want to change your career it is common to temporarily misplace your belief in yourself. Sometimes, just when you most need it, your confidence is at an all-time low. The key here is to recognise the sources of these issues and then actively use strategies that will help you move past them.
Many people feel some fear when they consider changing their career. No, you are not alone. If you’ve had the same job for many years making a change can be very stressful. Making a big career change that involves study can mean an even greater level of fear. Again this is not uncommon. Fear of the unknown is natural.
I remember feeling a combination of terror and elation when I enrolled in the course that changed my career direction. All the usual fears almost engulfed me and caused me to give up before I began. Would I still be capable of doing well in assignments? Would I start the course and not be able to continue? Would everyone else think I was a fool for taking steps to change my career at 50?
One of the biggest fears many people face is the fear of failure. When you start talking about changing your career some of your friends and family members may discourage you. With the best, but misguided, intentions they may reinforce the fear you are already feeling. Let's give them the benefit of the doubt and say they are probably trying to protect you in case you don’t get the job you want or can’t succeed in the business you are creating. Don’t let their concerns get you down. Make up your own mind, and be aware that change will only happen if you are prepared to step forward and take a few chances.
There are two things to remember here. Being afraid is a natural reaction, particularly when you are treading in unfamiliar territory, and even the most confident person has moments of doubts and fears when faced with a new challenge. Also remember that problems create problems. If things are going badly at home or work it is difficult to get yourself into the positive frame of mind which supports a confident career change. If your family life is stressful, or you are engulfed in financial woes, your stress levels may worsen and you are more likely to be depressed than enthusiastic.
Work stresses are often out of your control
If your job description changes or your boss makes demands you feel unable to meet, you may feel under undue pressure. Poor management can often contribute to employees’ dissatisfaction and stress. Stress can magnify if you have a serious disagreement with a work colleague, if your job skills are no longer enough to handle the work you are required to perform or if the culture at your workplace takes a turn for the worse. Tension at work is an unhealthy situation. Your productivity will suffer. Your health is likely to suffer. Your employer is not getting the best from you, and the cycle goes on.
Sadly, a bad work atmosphere usually only gets worse; people talk about you, or you feel that they are doing so, and everything becomes toxic. People who are struggling for one reason or another will find making a career change far more difficult than those in a happy state of mind. Be kind to yourself and recognize that you may need extra help making your career change if you are not feeling on top of life.
Downsizing can be dangerous
When a business gets into trouble jobs are often the first thing to go. If your position is to be made redundant you experience the emotion and complications of losing your job. However, sometimes it’s actually worse for those who retain their job because it usually means a much larger workload for fewer employees. You may find yourself picking up the workload of the retrenched employees. Your stress and dissatisfaction at work are now compounded, but it probably isn’t a good time to even think about making your own career change.
In a situation like this patience is required! Take the time to appreciate that you were not one of those who lost their job, that you can now assess the situation objectively and make your move when the time is right. Don’t give up on your dreams of changing your career, but perhaps bide your time a little until the job market is a little stronger.
As we get older sometimes we find ourselves working with people who are many years younger. Whilst this shouldn’t be a problem, often generational differences cause problems at work and mature aged workers, finding themselves working alongside, or for, colleagues who are half their age, can feel threatened. Confidence, self-esteem, all those things you thought you had sorted out years ago, are suddenly in danger of erosion. There is no easy answer to this issue beyond making sure that you are doing your job to the best of your ability, while remaining open to new ways of doing things.
Thinking about failure not success
Your attitude to changing your career will have a great impact on its success. For this reason those negative thoughts must be managed. However you can’t just ignore things that worry you. You need to separate the real from the unreal. Sometimes this could simply mean changing your perception of certain issues, then finding a practical solution to manage them.
Try this strategy. Sit quietly and ask yourself:
Jot down every thought that comes up in response to these questions. Add a third section on your notes where you can also list random thoughts, which may come up but do not answer any of the questions. Usually, they contain clues to how your subconscious mind is influencing your current thinking. If there is a trusted person you can discuss this with, it would be helpful.
You may find that the advantages far outweigh the disadvantages. You may find that the worst things really don’t seem too bad. Alternatively, you may have come up with another way of thinking about the whole decision. Taking the time to reflect will help you recognize the reality of your situation and prepare you for a number of possible outcomes.
You can’t anticipate everything but you are giving yourself a good chance of being prepared for possible problems. With information laid out in front of you, trust your instinct. You may get a feeling that this is possible, or it may feel that you still need time to do more research and preparation.
Listen to the combination of your logical evaluation of the situation and your instinctive feelings, and remember that decisions don’t come with a guarantee. If you weigh up the pros and the cons and arm yourself with all the information you need to make a serious and sensible decision, you will replace your fear with optimism. Your confidence will grow.
Fear can be used for good
Everyone has fears. Smart people use their fear as a prompt or reminder that they need to work hard, work smart and take calculated risks. If you want to be in control of your life, if you want to make a career change and be successful, you need to be proactive. Use your fear to kick start your determination. Franklin Roosevelt was right when he said, “There is nothing to fear but fear itself.”
Acknowledge your fears but don’t let them stop you.
It’s funny how, when you are younger, you presume that older people really have their act together. You might have considered them stuck in their ways or old-fashioned, but I’ll bet it never occurred to you that they may be lacking confidence. Certainly I doubt you considered that when you were over 50 you’d be having crises of confidence. Getting older is full of surprises, isn’t it!
Losing confidence is normal when you are experiencing an unhappy time at work. You may feel undermined by the people around you, or feel critical of your own level of achievement. Whatever the cause, it is important that you try to regain your confidence before you begin any sort of career transition. Confidence can mean the difference between you making that transition easily or struggling.
How do you build your confidence? Here are five critical steps you need to take:
Recognize the behaviours that indicate your lack of confidence. Change these behaviours and you will change the way people perceive you.
Face the demons
Identify the areas of your life in which your self-confidence is lacking.
Face the challenges with courage and wisdom
Career change is not a blind leap of fate, but rather a conscious decision with a calculated risk.
Learn and grow
Develop an attitude of learning from everything and growing into a mature person, an individual oozing with confidence and who can take on any challenges with gusto.
Allow yourself to consider all styles of work, even those that you have not done before. Whatever your decision, you will know that you made your choice having considered all options.
Over the next few blog posts we will consider each of these steps individually, commencing with the first.
With the help of those closest to you try to identify the things you do which indicate your lack of confidence. It’s funny how you can consciously change your behavior and act in a way that suggests you are much more confident that you feel, and people will take that new behaviour on face value.
Pretend you feel confident! Walk like a confident person, speak like a confident person, smile with confidence. Not only can this change the way other people perceive you, but it can also have a big impact on making you actually feel more confident. But that is easier said than done when you are trembling inside!
Are You Unconsciously Blocking Your Business from Growing?Marcia Bench (republished with permission)
If I were to ask you whether you wanted your business to grow and thrive, you would say yes, right?
But far too often I find that though you may have the right strategies for growth, there are other factors blocking you from achieving your goals.
The problem is, they are invisible! So how the heck do you clear them when you can’t see them? The answer lies in becoming aware of them and using proven principles to lead you to freedom.
Here are the three traps I most commonly see and how to overcome them:
Trap 1: I don’t really believe I deserve success – or that I can really achieve it.
Despite the best external statements and affirmations that “I deserve success,” no one else in my family (or immediate circle) has achieved what I want. Can I really do it?
First, comparing yourself to others is not a productive exercise – with one exception. If seeing someone else demonstrating success helps you create a picture of it, then it’s a great inspiration! A mentor can be exactly that: someone who is a few steps ahead of you on your path, that can help guide you along toward your goal.
Trap 2: I am afraid that success might require too much of me.
Will you have to change some habits – and maybe even some of your friends – if you reach a new level of success? Yes, you might!
There is a spiritual principle that you must let go of the lesser to make room for the greater. And if you are not prepared to do that – one step at a time, as you are led to do so – then you will continue to experience more of the lesser in your life.
Successful entrepreneurs invest in themselves through mentoring, learning, coaching, and personal growth so that they can uplevel by quantum leaps instead of incremental steps. If you are ready to “go for it” – and really feeeeel that within your body and emotions – then it will be easier to let go of what no longer serves you.
Trap 3: I might upset someone important to me if I really got successful.
Less than 6 percent of the U.S. population is making $100,000 or more in in_come. So if you aspire to that goal or more, you will need to do the exact opposite of what most of those around you do. (And there may be a person or two in your life that is secretly jealous of your success, who will be upset if you are more successful than they are!)
One of the best ways to surround yourself with support when faced with this dilemma – when you’re about to have “that conversation” with a spouse, friend or other person close to you – is to have a mastermind group or mentor to whom you can go and tell them how it went. They will understand and support you!
Want support in reaching YOUR goals in 2015? Join Marcia for Vision 2015: an Inspired Business Breakthrough Intensive Dec. 5-7, 2014 in Phoenix, AZ. Details at www.vision2015event.com.
In July 2012 it was my great pleasure to take part in Marcia’s 3 day event “Become An Inspirational Thought Leader” in Phoenix Arizona. It was a transformational experience, inspiring and full of best practice ideas, as well as being a lot of fun.
This article is reprinted with the stated permission of Marcia Bench.
Marcia Bench publishes the widely circulated ‘Inspire!’ ezine biweekly to over 8,300 subscribers. If you’re thinking about becoming a coach, or are a coach who wants to add a new specialty or reach more people with your passionate message and services, join Marcia at www.inspiredbusinessinstitute.com.
There are few things more depressing than looking back at old photos from many years before and realising how much your appearance has changed. Visually the changes are obvious and you can't help but acknowledge them.
But the changes that take place in our psychology are much more subtle. We are constantly changing our thoughts, what we value, the paradigms that direct our lives. When you look back at the choices you made 10 years ago, or the entertainment that you enjoyed, you recognise that changes happened. They were probably slow and gentle, so they crept up on you almost without you realising, but there comes a time when you realise that your thoughts, choices, values and preferences are different from how you they used to be. The way you think and act is not static throughout your life.
What mindset is running your life right now? Is it stopping you from doing what you really would like to do? Are you getting in your own way?
Enjoy this inspiring TED video beautifully presented by Dan Gilbert, Harvard psychologist and author – The Psychology of Your Future Self.
One of the biggest reasons Baby Boomers fail as they get older is not because they are unproductive people. Rather, what happens to Boomers is what has plagued generations of people for years. They get comfortable and fail to do what they did in their younger years when they were active, successful and productive.
Everyone knows that as you get older, you should still make goals for yourself. Many Boomers have accomplished great things in their working lives. As they begin to retire, some will take that same gusto and apply their expertise towards businesses of their own. Others will become world travelers. Yet and still many will be constrained by fears over money, debt and health worries.
At this time I want to share with you a surefire way to make this next step of your life the best years ever.
There are four principles that we’ll discuss, namely Be Specific, Make It Measurable, Keep It Realistic and finally, Take Action Today.
We all have been exposed to setting goals at some stage of life. In Ministry, some congregations make a goal of pooling funds together to build a new building. This is commonly known as the “Building Fund.” Others may be league bowlers and have a tournament that they want to do well at. So, they practice extra, which requires more time, money, and travel all in pursuit of a goal.
It does not matter what you are aiming for, you have to be specific first. If you do not have a specific target in mind, you really do not have a goal. Rather you have a wish. It is far better to have a goal of losing 15 pounds by your forty-third high school class reunion, than the opposite of saying, “Oh I need to lose some weight.” This is just not specific enough. How much weight do you need to lose. You will never known what you are striving for unless you be specific.
Make It Measurable
Any goal, and I many ANY goal, needs to be measured. Why? You could have the noblest of goals and not know if you are there or beyond it. The greatest example of this comes not just from the business world but can be applied to raising a family or taking a vacation.
Just suppose you have a goal of earning $14,779 per month. If you hit $14,778 you have not hit your goal, right? But who wouldn’t be satisfied with that? Most Boomers would. Especially as retirement years loom and Social Security looks to yield little to live on. Now, if you have added measurable elements to your goals, you would know in this instance when you were half way to your goal by merely looking at your bank deposit slips or some pay stubs from your income sources.
Keep It Realistic
You should only set goals that can be accomplished. Sure, the gurus say you need to set stretch goals. Stretch goals are those that are “slightly” or in some instances totally out of your reach. This is really controversial, because goals are meant to usher growth. But when you set goals you know you will never reach, they really don’t inspire but depress your efforts.
Take Action Today
This final step is really the icing on the cake. Without it nothing really matters with the other steps. You’ve all seen those commercials that the athletic shoe company talk about “just do it” right? Sure you have. Well that is what this is all about. Getting your goals off the paper and into your life is really about getting you into ACTION.
All you need to do after you have set your goal is to take some time to write out a basic plan of action and get going. You need to schedule it into your planner. When you do, you will avoid the biggest problem of all goal systems which is not taking action.
Your goals won’t just leap off the page and make themselves happen on their own. You’ve got to take action. As a Boomer you’ve got loads of experience at doing many things well. Why not allow those things to fuel your latest efforts to grow even further.
By Todd Lloyd. Baby Boomers, get your Free video showing you how to get your instant website online fast without getting frustrated or scammed. Click retirement early to view online without cost to you today!