Thursday, 11 August 2016

How Carrots and Sticks Help Achieve Goals

How Carrots and Sticks Help Achieve Goals

By Mark Reijman

WE ALL have goals. This can be losing weight, exercising, studying, quitting a bad habit or any other thing.
However, achieving these goals seems difficult. When we are tired, lazy or busy, then working towards these goals always seems to be the first things we give up on. Is there a way to fix that?

There are a few reasons why we give up so easily on these types of goals.

First, they are not easy to achieve. It requires hard work and we have a healthy distaste for hard and difficult work.

Second, these goals typically do not have a clear deadline. It does not really matter if you have lost your 10kg by November or December.

Third, there is no real penalty when you fail: it does not cost you anything (except perhaps your self-esteem).

In his book “Carrots and Sticks”, the lawyer and economist Ian Ayres shows how you can overcome these reasons for failure.
Ayres proposes to create a “commitment contract”. The contract sets a specific time horizon and a positive or negative incentive. You must also make the acceptance of the “commitment contract” publicly known, for example by telling all your friends about it.

How does our basic human nature help us achieve goals through “commitment contracts’”? Once a hard deadline is set, human accountability and responsibility kick in and you will take your goals much more seriously.
The promised incentive will appeal to your aversion of loss – either losing a future benefit or losing money – and make you work toward your goal harder.

Finally, peer pressure and your dislike of losing face by not achieving your publicly known targets will also give you extra motivation.
The incentive can be positive, for achieving your goals, or negative, for failing to achieve your goals. For example, a vacation trip when you succeed in losing weight or a sizeable charitable donation if you fail to quit a bad habit.
To make the penalty bigger without raising the amount, Ayres suggest to donate to a charity you don’t like, a so-called anti-charity! You can also enter into a contract with a friend, promising to pay each other a sizeable sum if you don’t succeed.
Of course, the key to success is to actually follow up with your incentive: only then does the carrot or stick become “real” and will you work towards your goal.

One Good Turn Deserves Another

His name was Fleming, and he was a poor Scottish farmer. One day, while trying to make a living for his family, he heard a cry for help coming from a nearby bog. He dropped his tools and ran to the bog.

There, mired to his waist in black muck, was a terrified boy, screaming and struggling to free himself. Farmer Fleming saved the lad from what could have been a slow and terrifying death

The next day, a fancy carriage pulled up to the Scotsman's sparse surroundings. An elegantly dressed nobleman stepped out and introduced himself as the father of the boy Farmer Fleming had saved.

'I want to repay you,' said the nobleman. 'You saved my son's life.'

'No, I can't accept payment for what I did,' the Scottish farmer replied waving off the offer. At that moment, the farmer's own son came to the door of the family hovel.

'Is that your son?' the nobleman asked.

'Yes,' the farmer replied proudly.

'I'll make you a deal. Let me provide him with the level of education my own son will enjoy. If the lad is anything like his father, he'll no doubt grow to be a man we both will be proud of.' And that he did.

Farmer Fleming's son attended the very best schools and in time, graduated from St. Mary's Hospital Medical School in London, and went on to become known throughout the world as the noted Sir Alexander Fleming, the discoverer of Penicillin.

Years afterward, the same nobleman's son who was saved from the bog was stricken with pneumonia.

What saved his life this time? Penicillin.

The name of the nobleman? Lord Randolph Churchill .. His son's name?

Sir Winston Churchill.

Someone once said: What goes around comes around.

Work like you don't need the money.

Love like you've never been hurt.

Dance like nobody's watching.

Sing like nobody's listening.

Live like it's Heaven on Earth.

Tuesday, 9 August 2016

The Rules Are Changing: Adaptability is Key


The Rules Are Changing: Adaptability Is The Key

The world has become so dynamic and fast-paced that you need to adjust and adapt at the same pace or you become extinct like the dinosaur.

As I wrote this piece early this morning, a flash of thought raced through my mind... Do you remember the giant NITEL(Nigerian Telecommunications Limited)? Right! The company was so big and comfortable it didn't know the GSM companies were planning its death and burial. It happened so fast NITEL didn't know what hit it.

I was so angry few days ago about what PHED did to me(forget about the details), you already know their stock-in-trade. I called their service line and told them what happened to NITEL... They rushed to my office and rendered apology. I told them the rules have changed and if they're not careful, they'll become extinct very soon. 

Jack Ma, the third richest man in China, says, "Please tell your children that the world is changing every day and no one is going to wait for you in the past." When lighter was invented, it overtook the relevance of matches. When electronic calculator came on scene, abacus faded away like smoke.

When digital camera appeared, the negative film market bowed out in shame. When internet-based selling came on board, traditional marketing caught cold and developed pneumonia.

Don't  blame "Who took over Whose business." The simple truth is: people are more adjustable and adaptable to new ideas that are convenient. Someone once asked Jack Ma: "What is your secret for success?"
"Really simple...I am doing (action) while you're only watching," he said with a smile.

Remember, the world is changing every day. If you don't change, you'll be abandoned in the dustbin of regret and frustration. It is no longer news that everyone reaps what he or she sows. That's an irrevocable law.

Anybody who spends time to drink, becomes a drunkard in the long haul.
If you spend time to complain, you become a graduate complainant at the end of the season. If you spend time to study and learn, you end up a wise person.

If you spend time to observe the trend of the global economy, you'll not end up crying out for unpaid salaries and bonuses. The truth is, there's no longer job security anywhere in the world because the rules have changed. It is only those who adjust and adapt that will survive. Be wise!

See You At The Top In 2016. #MoreGrace!

5 Steps For Overcoming Procrastination

By Michael Locklear

Millions of people struggle with completing goals and overcoming challenges due to the habit of procrastination. In fact, it's one of the most common personal issues that people seek help for. There are several reasons why people procrastinate or avoid tasks. They can range from simple, basic laziness to fear of failure, lack of confidence in your ability, or simply a strong dislike for the task at hand.

People commonly put off doing things because they don't know what to expect or what the outcome may be. They might fail, other people might laugh at them, they might look foolish, there may be a lot of stress, or any number of non-specific anxieties. We all struggle with the fear of the unknown on a daily basis. It's the way we think and our perception of things that paralyze us and keep us in a pattern of avoidance. If you believe that something is unpleasant or distasteful, or that you'll fail if you try to do it, or if you believe that you will somehow lose something, you will probably make sure you never get around to it. In most cases, this only creates high levels of stress, or brings unpleasant circumstances. When you get in touch with how much pain you feel when you procrastinate, you can begin the first step to overcoming it.

Many people procrastinate because of a lack of motivation. To fight this kind of procrastination, you can set rewards for doing these undesirable things. If exercise is difficult, try giving yourself a reward every time you go to the gym. You deserve it for having persevered. Next time, you may be just that much more motivated.

For many people, procrastination consumes major amounts of time in their daily lives. Because of this habit, they don't get things done. This results in more stress, and more frustration. In the end, procrastination makes things far more difficult than they would be if you simply completed the task. Stopping procrastination means you can avoid all the pain of the failure procrastination causes.

Other reasons why people procrastinate:

•A lack of faith in your own abilities
•Fear of trying anything new because of past failures
•Low self esteem

The goal is not associated with a reward
Procrastination is one of the most time-consuming activities one can engage in. It causes a great deal of stress and frustration. Here are five steps you can take to make overcoming procrastination simple.

Step 1: Find your direction.

Every time you procrastinate, write down the task you are avoiding and your justification for avoiding it. Keeping a record will help you understand how your attitudes are related to your procrastination. Then you can identify strategies to redirect yourself when you feel the desire to procrastinate. Always focus on the task you wish to perform and your reward when you succeed. Focusing on your reward is the most powerful way to overcome procrastination.

"If you don't know where you are going, you'll end up someplace else."
-Yogi Berra

Step 2: Get focused

You can easily become overwhelmed if you try to do everything at once. Instead break your goals down into simpler tasks. Start putting them into action, one at a time. Start as soon as possible. Take time every day to work on your goals.

If you find it really hard to get started on a task, try working on it for ten minutes. This will usually help you get some momentum, and help you feel like continuing. Start with a simple task first, and be sure to visualize yourself completing the task. This will help you to focus on the goal, and the reward you will receive upon completion.

"Most people have no idea of the giant capacity we can immediately command when we focus all of our resources on mastering a single area of our lives."
-Tony Robbins

Step 3: Be aware of your thoughts.

The more you procrastinate, the more monumental the task becomes in your mind. Allowing limiting beliefs to control your actions becomes a parasite on your chances for success. You must confront your beliefs about yourself and the task, and face your fears.

Instead of daydreaming about your failure, and all the things that could go wrong, and how hard it's going to be, fantasize about how good you will feel having gotten the task out the way, how confident you'll feel when you complete it successfully, and how confident you will be about your ability to do the next thing. Keep your focus positive, and this will build a new attitude that will overcome all your limited beliefs, and defeat procrastination.

Learn how to separate your anxious thoughts from your realistic thoughts. Imagine the worst-case scenario. Then, make a plan to get back on your feet if the worst should happen. Chances are you would recover relatively quickly, and resume your normal life.

"Our attitude toward life determines life's attitude towards us."
-John N. Mitchell

Step 4: Build your tolerance to negative emotions.

Fear and stress are normal. They come from being uncertain, or feeling threatened in some way. Most of the time they're just feelings, and there is no real danger. Courage is not the absence of fear, it is the ability to continue in spite of it. Courage is required to overcome procrastination.

When you persist in pursuing your goals, you build up your tolerance for stress and anxiety . In time you will feel more confident, more capable, and far less stress and overwhelm. When you don't fear the feelings of anxiety , you will procrastinate less.

Meditation is a powerful way to build your resistance to negative emotions. Major universities all over the world have found that it reduces stress and anxiety , elevates your mood, and improves your ability to focus.

Step 5: Take command of yourself.

Success always means going outside of your comfort zone. No matter how unpleasant the results of procrastination, the habit remains part of your comfort zone. One very important first step is to stop complaining about what you have to do. Nothing worthwhile is ever easy, and complaining only drains away your will to succeed.

Focus your mind on all of the benefits you will receive from being successful in whatever you need to do. Keep your mind focused on how wonderful you're going to feel and all of the wonderful things that are going to happen to you when you are successful.

"Self-command is the main discipline."
-Ralph Waldo Emerson

Overcoming procrastination is not as hard as you might think. Once you take these five steps for overcoming procrastination, your fears and anxieties will melt away, and you will experience the many benefits of being in control of your life.

Monday, 18 July 2016

The Power of an Open Mind

FOOD FOR THOUGHT

The Power Of An Open Mind

There are two categories of people in this life: People who live with an open mind and those who live with an open mouth. Talk is cheap but good thoughts are expensive. Good thoughts emanate from people who have open mind. They're the leaders others look up to when the chips are down.

Keeping one's mind open is hard work because there are so many things in this world that can easily cause you to open your mouth wide. The danger in always keeping your mouth open is that you can never think creative thoughts when your mouth is open. The mouth is constructed like a door that's why it should be closed sometimes.

Successful people keep an open mind to every issue and chart their way through every obstacle of life with creative thoughts. Life is not about winning arguments; it's about leveraging on positive thoughts and acquired knowledge.

People with open mind love instructions while people with open mouth love recognition even when they've achieved nothing. Instructions lead to life and fulfillment. The book of Proverbs 4:1-4 says, "Hear, ye children, the instruction of a father, and attend to know understanding. For I give you good doctrine, forsake ye not my law. For I was my father's son, tender and only beloved in the sight of my mother. He taught me also, and said unto me, Let thine heart retain my words: keep my commandments, and live."

Your level of success is a function of your thoughts. You can never go far in life if your mind is closed. A closed mind leads to a closed destiny. One of our core competences in the School of Professional Mentoring & Capacity Building(SPMCB) is that we have regular interactive sessions that mentees and resource persons leverage on to become better.

Open up your mind and move to the ultimate level God has destined for you. There's power in an open mind, discover it!

See You At The Top In 2016. ‪#MoreGrace‬!

The PMCB Team

Sunday, 17 July 2016

Age Is Just A Number


Age Is Just A Number

Do you feel agitated when you're asked "How old are you?" It's natural that people compare their age to their level of achievements. That's big error! You can be whatever you want to be in God's agenda if you're ready to pay the price at the right time.

In Genesis 47:8-9
Pharaoh asked Jacob how old he was. Jacob responded: "The length of my stay on earth has been 130 years. The years of my life have been few and difficult, fewer than my ancestors' years." 

Many people feel edgy or uneasy about questions of their age because of unfulfilled dreams, fear of being compared, disrespected, rejected or exploited among others. Great people realize that while God is the giver of life, we must  strive to live purposefully and meaningfully within our time frame.

The famous author, preacher and motivational speaker Dr. Robert Schuller  wrote a book, "DON'T THROW AWAY TOMORROW" that reveals you can still be what you want to be, your age notwithstanding. He built the Crystal Cathedral when nobody believed he could do it.

At age 78, he conceived a dream for the next 10 years of his life and challenged others to maximize their years. God honoured him and he died in 2015 at age 88 with a fulfilled destiny. Like Apostle Paul, "He fought a good fight, he finished his course and kept the faith." What about you?

No matter how difficult and complicated your life has been, thank God for your age and keep dreaming of a better tomorrow in all areas of your pursuit. Rest assured God will back you up in that dream and bring it into manifestation. Age is just a number, don't allow it defeat you.

This Is Your Day: Go Forward! Your miracle is closer than you can ever imagine.

See You At The Top In 2016. #MoreGrace!

Saturday, 16 July 2016

What's Your Level of Faith

FOOD FOR THOUGHT

What's Your Level Of Gratitude?

I totally agree with Anthony Robbins' assertion, "When you are grateful, fear disappears and abundance appears."

There is calmness to life in gratitude, a quiet joy. Gratitude makes sense of our past, brings peace for today, and creates a vision for tomorrow. As you ponder about all the things in your life you're grateful for, you will be amazed at the never-ending thoughts that come back to you, of more things to be grateful for.

Gratitude helps you grow and expand spiritually, mentally, financially and emotionally. It brings joy and laughter into your life and into the lives of those around you. In the words of Wallace Wattles this is more evident, "The daily practice of gratitude is one of the conduits by which your wealth will come to you." Henry Ward Beecher remarked, "Gratitude is the fairest blossom which springs from the soul." Gratitude is the great multiplier of life. Give thanks for a little and you will find a lot. The easiest way to bring lack into your life is by being ungrateful to God.

Gratitude is the best attitude. Great battles have been fought and won with gratitude and praises without the use of any physical weapons. Saint Ambrose said, "No duty is more urgent than that of returning thanks." A thankful heart leads to a great life. It turns what we have into enough.

Nothing will enlarge your life more quickly and dramatically than gratitude. Dr. John Demartin wrote, "Whatever we think about and thank about, we bring about." G. K. Chesterton added, "Gratitude is happiness doubled by wonder." Nothing will diminish your life more quickly and profoundly than being ungrateful. It is not happy people who are thankful. It is thankful people who are happy.

"The best way to show gratitude to God is to accept everything, even my problems with joy," said Mother Theresa. When disappointment causes you to slip, stumble, slide into discouragement, then lift your mood upward by giving thanks to God for all things. Gratefulness is the key to happiness. Practicing gratitude will lead to open door and bring God's blessing into your life.

People who aren't grateful are not givers. They rarely think about others; they think only of themselves. Their selfishness keeps them from sowing and their ingratitude makes them wonder why they don't reap harvest.

This Is Your Day: Make gratitude your daily companion and make God your partner for life.

See You At The Top In 2016. #MoreGrace!