The report’s author, Michael Johnson, has suggested that the end of the fund will mean that the government needs to take radical steps. He suggests that it should bring an end to the National Insurance system – and that the Chancellor ought to announce this in the Autumn Statement. He suggests that the current approach of adding it to the income tax bands should make way for a single tax matching the total tax we currently pay on income – namely 32%, 42% and 47%.
But perhaps most shocking is the effect he is predicting for future generations. Johnson suggests that: “Given that exhaustion is inevitable, the next generation should be advised that their State Pension will be, at best, derisory. Indeed, it would be prudent to plan around not receiving anything at all.” He warns that for people aged 45 and under there’s every chance that the pension will be more modest, and retirement dates much later. For those under the age of 35 he says that there may be no state pension at all.
So Instead of investing money in the government’s bankrupt pension scheme, why not invest some of your own time to build something much, much better? Click here to find out how.
If you know me well, you'll be aware that I can be like a Rottweiler when it comes to solving challenges. Now this has obvious benefits but there are some hidden traps that can easily sabotage my progress unless I'm being self-aware.
I don't know if it's a "man thing" or just personality (probably a mixture of both), but sometimes the old stubborn, stiff-faced focus can dominate my energy when I'm trying to overcome something.
Let me share with you a story that happened yesterday and show you something that happened in me which was new, and I trust something that you can potentially learn from in your business (and life) – especially if you're prone to becoming stubbornly defiant in the face of challenges.
So here's the story:
I was working on a coding challenge (one of my hats is in web development), and I tried my normal approach of changing something, then a different thing, then another different thing, one step at a time, to see if I could fix the problem.
Well, after 6 hours of on & off trying this approach, nothing worked.
I was frustrated, and angry with myself for having been so stubborn.
And then I sat back, and took the top down view that should've occurred five hours earlier.
I asked myself a question:
"Is there another way I can look at this problem that will help me to move things forward?"
A simple question.
I went downstairs (I work from home), had a cup if tea.
Only for 5 minutes.
And then the new approach came.
And it worked.
5 minutes to save 5 hours.
That's all it took.
There's a book with this phrase as its title (and I haven't read it yet):
Questions Are the Answers.
Quick side story: I met a guy a couple of years back at a bar in Las Vegas (and we were both totally sober by the way: I'm tee-total & he drank water) whose company is a competitor of Facebook, and he told me that he attributed his success to "ASQ's": he just Asks Short Questions. Lots of them.
We stayed up 'til 4:30am in the morning, chatting, getting to know one another. All because he asked short questions.
Back to the main story:
So, what did I learn yesterday?
1) Don't be stubborn (ha!! – requires practiceto break old habits & develop new & better ones)
2) If you are working on a problem or challenge, don't spend more than an hour on it. Some would say, and I'm working towards this: "If you can't see the solution to a problem after 15 minutes of solid effort, stop and begin to ask questions".
Sometimes the solution that emerge will involve others becoming involved in some way. Other times you will see a new strategy that was hitherto hidden.
3) Allow yourself time to stop, change your physical location. Talk to someone. Exercise. Just do something different.
If it's a small challenge, the solution might emerge that quickly.
At least, that's what happened yesterday.
Just after supper last night, I exhaled an enormous breath of exhilaration, turned to my wife and said:
"I feel like I've just climbed a mountain: it was hard work, but now I'm at the summit and the view is amazing."
Just one peak among the myriad we should all be aiming to climb.
So, if you're still shaking off the "stubborn man" mentality, I encourage you to begin a different mental process.
It will be challenging, and hard work (any change is). But the sense of reward will be significant, and will effect everything.
Start asking yourself questions. Give yourself time to look down on your challenges, and you will see change.
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The Info Marketing Blueprint is not the first attempt by a savvy online trainer to help coach a new breed of information marketing experts, but what he has produced in his Info Marketing Blueprint is an outstanding example of how to unpack, step-by-step what is required in order for anyone with any skill to leverage it online, and lay the foundation for creating an online marketing publishing empire.
The Info Marketing Blueprint is much more than just a step-by-step guide however – at every stage along the way, Mark addresses common limiting beliefs, mindset issues and misunderstandings that he has encountered throughout his business life, and even if you are a seasoned business owner, you will certainly benefit from the seeds of wisdom that he educes through the wisdom he shares borne out of his experience as a business coach and trainer.
The Information Marketing Blueprint deals with every level of creating and marketing an information product, right through to how to create effective and compelling video sales letters, training ans sales webinars, and much more.
Lastly, Mark Hoverson has pitched his training program at a very affordable level, because he is truly passionate in his desire to assist struggling business owners and marketers to get out of the poverty trap and poor cashflow that dogs so many potentially outstanding people.
You already know the score here: dedication, perseverance, persistance, consistency.
OK, end of blog post, let's just get on with it.
There is, obviously, more to be said.
When I started up in business 3 years ago, I remember thinking: "This is gonna be like when I first started teaching: at first, there will be a steep learning curve as I seek to acquire new skills, I'm not expecting to become an overnight success. I'm in this for the long haul. I know that I will have to persist if I want to succeed."
So it is with everything of real value in life, and in one sense, this extends to the entire physical realm that we're part of.
Kneed The Dough (Not Need the Dough)
Everything has to be worked, like kneeding dough to make good bread.
Now I'm not saying that there aren't some good ways to speed up the process. There are, and I will allude to what I believe is one very important "success accelerator" in a minute.
And in fact, I believe that that key is the one which unlocks all the other doors that must be opened to enter into the success journey.
But before I explore the nature of that key, I want you to understand what I personally mean by success – what are the metrics I use to determine whether or not I'm pointing my life in the "right" direction?
Two key metrics for me are summarized in these two words:
The "Superkey" for Success
If I have a sense of fulfilment in my life, and evidence of being fruitful – making a difference – then I believe that I'm travelling on the success journey. Then I'm winning.
So winning, success, is a journey into fulfilment and fruitfulness.
What about the destination then? If I believe success is a journey, where do I think I'm going?
That brings me neatly onto the "superkey" that unlocks the other doors to be passed through.
Simply put, in order to be a winner, I must have a strong sense, a vision, of why I am doing what I'm doing.
Confession time: when I fisrst started on this new journey of entrepreneurship, my far view was very blurred and foggy.
At the time, I simply want to have more time for my family, to have more fun. Actually, that could be enough as a why, but in my case, I also wanted to make a wider difference.
You know, that "legacy thing". Many of us feel this way as a way of combatting own own mortality: it's a natural desire to want to leave a mark so that long after our DNA molecules have returned to the Earth, we somehow live on in the minds and on the lips of future generations.
And I'm not knocking that one iota. I feel the same way, and have done ever since those explorative teenage years when I began to emerge from the protective shell of self-centeredness.
Back to this "superkey": how do I find my why, how do I unlock that synergy within my being that will lead to harmony in my inner and outer life, and how do I know when I've reached that sense of purpose?
In other words, how do I judge when I'm winning?
Finding Life's "Why"
You've almost certainly guessed what I'm thinking by now, and if I've done my job well, the answer will be self-evident.
To know when I am winning, I must have a clear sense of my why – my aim.
"Why am I doing what am I doing?" is the question that will help me determine my focus, and then I will be able to see more clearly my target, so I can constantly refine and trim the direction of my life to achieve that fulfilment and fruitfulness that I desire.
Pretty easy then?
Kneeding the dough requires a lot of energy, time and commitment. BUT, if I have a clear sense of why I'm doing what I'm doing, and how I'm going to proceed along the journey, then that energy, time and commitment will seem much, much easier as life's curve-balls batter me into shape.
Let the Journey Continue…
In conclusion then, you, me, everybody, in fact, must discover our unique "why journey", and even more importantly, build and become part of a tribe of others who also want to discover a clearer sense of that same journey together.
Everything else: the how and the what should stream from that greater sense of shared purpose.
Find your why.
Begin the journey.
Share that journey with others who become part of your tribe.
That's what it takes to become a winner.
Oh, and finally. notice that the dart board above has lots of holes in it. Don't give up simply because you haven't hit your target yet. The process, the journey, is a fundamentally important part of the journey towards success.
Confidence has its basis in an assurance of who you are – your identity. Martin Luther King Jr’s faith ensured that he knew who he was – his identity was thoroughly and completely wrapped up and made sure by his faith in God. You may not be in that same position – but every great leader (famous and infamous alike) has always had a sense of a higher calling on their life – some external reference point from which they were able to gauge themselves, that gave them a solid relational grounding with their own humanity and with others.
Courage is key to leadership – it’s the ability to take the risk when others would shrink back from taking the risk.
Compare for a minute King Saul’s response to his inauguration as king (he hid!!) with David the Shepherd boy’s fearless courage in the face of the real opposition in the character of Goliath, and you’ll see two distinct reactions to the call and challenge to be courageous in the face of great uncertainty.
Great leaders give courage in others as a consequence of their actions.
They can cause a hitherto timid and uncertain team to rally around their cause as a consequence of their inspiring courage.
A great leader will develop and communicate clearly what their vision is to others to such an extent that they will foster trust in the team that they lead – even when the exact methods for achieving the goals set out in that vision may not yet be apparent.
You own experience can only get you so far – being coachable and teachable are essential for a leader to grow in areas of their life that would otherwise remain dormant. Coaching is essential to real growth for any leader, and is often responsible for breakthrough developments in personal self-awareness and its consequent positive influence on the relationships involved.
Character can only be developed by constant doing & reviewing in the context of the above four steps. Talent should never be seen as the master of a leader’s developing character, but should be subservient to the leader’s ability to harness and ring-fence what talent’s potential for over-reaching.
If you’d like to get more information on leadership, visit the Leadership Development page on this site – and please do add your insights below to extend these brief reflections!
I’ve just been on a leadership development teleseminar with Jay Kubassek, and during the call, he quoted the often-mentioned statement, attributed to Thomas Edison:
"Genius is 99% perspiration & 1% Inspiration".
Jay outlined the key difference between those who create sustainablesuccess , and those who don’t. In other words, what is the missing 1% – the ‘X Factor’?
Jay has been working hard over the last 4 years to create an incredible community of entrepreneurs, which now includes members in over 190 countries around the globe. And it was only recently, he admits, that he really found that missing 1%, that intangible ingredient that lies behind his motivation to work so hard.
That missing 1%, the almost magic ingredient, is to be found only when you can answer the question to "What is your Why?, in other words, why do you do what you do…?
This goes deeper than cashflow, holidays or wealth, and is a fundamental question we each need to ask ourselves.
Incentivization only improves performance for simple tasks that have a simple series of procedures to reach the desired outcome.
Many of these procedures are increasingly being performed by computers
For high-level activities,
when the outcome is incentivized.
Therefore, for businesses (in fact, any institution where there are people working on complex, high-level tasks) performing complex skills and working on creative solutions to challenges, another model is needed, otherwise the business suffers.
Cutting edge companies who realise this are now working on more effective ways to enhance performance, which enhance the following core outcomes:
is enhanced through creative time-out (eg, Google engineers are allowed 20% of their work-time for working on their own projects, which have produced Google News, Gmail, & Orchid, to name but a few)
So Where Does This Leave Performance-related Pay
In my view: On the scrap heap. Incentivization doesn’t work for the complex decisions and high-level thinking that are now the norm not the exception, for the majority of the workforce in any organisation.
For this large majority, performance-related pay harms the desired-outcome of enhanced productivity.
So why is still the default position for many businesses? Perhaps the answer is because in those organisations, they haven’t heard or realised that the "default" paradigm (expressed or just assumed) doesn’t work any more.
So why does this ‘default’ position exist at all?
At heart, every business, every organisation, every individual, has within them, a belief about how things are, whether or not they have been articulated.
In my next post, I’ll unpack more of why this is the case, and, if you don’t like the way things are, what you can do to change this "default future".
I’m writing this less than an hour after England won against Slovenia in the 2010 Soccer World Cup.
So, how did England do?
The short answer is: it doesn’t matter, because they won.
Now, I know all you footie fans out there who are serious about the game (I admit, I’m not particularly), will have something to say with what I’ve just written.
After all, it’s how you show up in the game that counts too. I watched England play on a big screen (3 big screen as it happens!) in a Bristol church. The atmosphere was pretty electric.
England played a great game. They were professional, competitive, seized opportunities whenever and wherever they could, and weren’t phazed by Slovenia’s offensive rushes. (OK, if you’re a *real* football fan, I know you might disagree, but that’s OK 😛 )
In essense, they didn’t just play a good game, they played to win.
Winning the game is what it’s all about for them.
And we all shook the roof of the church building good and proper when they scored.
We didn’t need to for their sakes; the England team were too far way.
But we cheered because we became part of the winning side.
FOr the England side, winning isn’t about scoring goals, it’s so much about playing your game in a peak state, so that the magic happens.
And we all cheered because that’s what we want for our lives.
But I bet there were some people in that building who have let go of that dream of the magic happening for them.
I bet some people were cheering vicariously.
So you and I have a choice. We can live just to cheer on the winning team. Or we can become winners.
All the players have dedicated their lives to the pursuit of this game. It’s not just something they do anymore. It’s who they are. Playing the game to win has become part of them, inseparably.
But the twist in the tail is that it’s just a game.
So, is life the same?
In a real sense it is.
We are born. We dream of accomplishing something of significance for our lives. Some of us fulfill that dream. We realise our desire.
What about you – how do you play this game of life? What does it mean to you? Are you playing to win? Add your comment below.
Let me take you back a bit, to when I was about 7 years old.
My parents lived in a pretty village (that goes back to Roman times, so I’m told), which had all sorts of fun things for kids to explore: woodland, streams to fish for minnows, and most importantly a huge green open space where we could go bike riding.
Now I remember when I first tried mastering the bike riding bit: I was somewhere between 6 and 7 years of age, and I was falling off the bike quite a lot.
You can see where I’m going here, I hope.
Every day when I arrived back home during that summer, it was with a fresh graze on one knee or the other…the scabs never had time to heal up: I’d just keep getting new cuts every day from falling off.
But my mum never complained. She never said "well, I think you should just give up…you’re just not meant to ride a bike".
Nope. All she did was dab my cuts with TCP (I can still remember the stinging even now!).
Now, for some reason, it seems as if something weird often happens in school:
when we don’t get it first or second time around, the teachers give up on us.
Don’t get me wrong: I’m not blaming teachers here (I have come from that profession myself, and I’m not into shooting myself in the foot – it’s just far too painful).
All I’m saying is that there something seems to go wrong with the learning system, to the extent that some kids end up hating school because it keeps telling them they are failures.
Does that ring a bell with you?
So, what if this, or something similar from other important people in your life, happened to you?
How are you going to shake off some of the incorrect thoughts you have rattling around your head about who you are, and what you can and can’t achieve in life?
I’m not going to claim that a single blog post alone is going to make that massive shift for you.
But if you are struggling with your past, I do want you to re-consider my bike story for a moment.
What if you could decide, today, that the next time you fall off your ‘bike’ – whatever that now is, in your adult life – instead of criticising yourself for failing, you just dust the grit out of your knees, get back on, and get on with learning to balance effectively, so you can cycle better?
To increase the chance that you might think in this manner, remember the following: your past actions do not have to determine your future ones.
The past is the past. It has gone. The past does not determine your future.
As human beings, I believe that we often confuse the past with the future. By using the trends of the past, in our minds, we then say to ourselves: “Ah! This is what happened before, when I tried this, so I should expect the same outcome again the next time I try…..”
It’s a reasonable assumption. BUT – it’s also a limiting belief.
The future does not have to look like the past.
When I learned to cycle, all I did was keep failing my way to success.
And in many, many cases, it’s possible to change the way you think about yourself, resulting in the possibility of a very different outcome in the future.
The reason for me banging on about this so much in this article is because I see so many people stuck when they don’t have to be.
Leave the past in the past, and don’t let what has happened before determine the way things can be from now on.
As you might know by now, I’m part of a community of online marketers who are committed to mastering the changes necessary to become successful in business.
I was recently listening to a call from one of the top marketers in this community, and she made the following statement during the call:
"Write down the top 20 qualities of the type of person you want to work with".
So, here it is. As you read down this list, if you’re saying "yes" to these, then click on my picture at the end of this post, fill in your name, email address & phone number, and I’ll give you a call.
20 Qualities of People Who I Want to Work With
Committed to self-mastery and personal development
Primary focus is on making a difference in the world, rather than being motivated by a large bank balance
Hungry for change
Not afraid of failing forward
Understands that success is a process
Plays a bigger game than just self-interest
Is other-centered more than self-centered
Places a high value on other people
Is willing to forgive even when it hurts
Understands the importance of masterminding with others
Seeks out to learn new skills
Is committed to leadership through serving and by example
Wants the best outcome in any situation, even when it’s a challenge
Understands the great value of human relationships
Is courageous, and is able to face into the wind of challenges and ride with the wind of success
Invests time in people
Understands that money is just a vehicle to bring change, and not an end in itself
Loves working with others, but is committed to accountability to self