Education That Means Something to Your People

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Caleb BagwellCaleb Bagwell
/Employee Education Specialist

John Maxwell Certified Leadership Coach
Grinkmeyer Leonard Financial
Toll-Free: 866.695.5162 / Office: 205.970.9088 
1950 Stonegate Drive / Suite 275 / Birmingham, AL 35242

Contact Caleb

Follow Caleb on LinkedIn

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Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org/www.SIPC.org, a Registered Investment Adviser.  This communication strictly intended for individuals residing in the states of AL, FL, GA, KY, LA, MD, MS, OK, PA, SC, TN, TX. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.

I have plenty of time to hurry: the life of a procrastinator

I-have-plenty-of-time-to-hurry--the-life-of-a-procrastinator

Read the first part of that title carefully. It has, unfortunately, been an unwelcomed mantra of my life and it didn’t truly hit me until I unintentionally said it out loud. I was traveling from Texas to Alabama recently and as I exited the plane, I found myself behind an elderly gentleman. He was not moving as fast as the people in front of him so he politely turned to me and said, “You can go around.” Side note: Even though I am a Millennial, where I come from, your elder goes first, always. I smiled and said, “No, please sir, you go ahead, I have plenty of time to hurry.” It stopped me in my tracks, like literally. I stopped and actually laughed at myself because it hit me like a ton of bricks. That unintended slip of the tongue described the feeling that has haunted me since my first science fair project; sorry, Mom.

I’m not proud of it, but procrastinating has been something I have gotten very good at. I tend to work better under pressure. Having always viewed life in trade-offs, I analyze the due date of a task and compare it to the fun of the moment. In college, I would start every semester by telling myself, “This time will be different, this time I am going to stay ahead!” WRONG!! I wish I could tell you that the rest of this blog is going to be about how I overcame my bad habit by detailing the 6 steps to diminish procrastination, but that would be a lie. I do believe I am taking the right steps to conquer this malady but it is a work in progress. Let me tell you why this life course correction is worthy of my attention.

1) Procrastination is selfish: In school, if you procrastinated on a project, threw it together the night before and maybe got a D as your grade, you didn’t really hurt anyone except yourself and maybe the people you were rude to at the coffee shop at 11PM. But when you join the work force, your procrastination, many times, impacts other people. If it is late off your desk, it will be late off someone else’s desk and you may unintentionally cause them harm. I personally did this to a colleague recently when I waited to the last minute to finish a project which had to be formatted. Needless to say, I wasn’t the one doing the formatting. Only when I finished my task was the other team member able to start work and thereby forced to labor until midnight to get it done. That was a selfish move which I regretted.

2) Procrastination increases stress: You may say, “Caleb I know I am a procrastinator but it’s fine. I have figured out how to live with that.” To which I say, “Liar, liar pants on fire.” You may think you have figured out how to deal with it but ask those around you if they enjoy your company when you are working, last minute, on a deadline. I would venture to say you aren’t quite as pleasant if you know you are not going to sleep tonight. Stress can kill the positive connection with your peers, bosses, families, and employees. If the stress is preventable, PREVENT IT!

3) Procrastination steals Opportunity: The old quote goes, “Opportunity comes to the prepared.” If you are always procrastinating, you will eventually miss an opportunity. It may be that by the time you’re working on the project, you need more data and it’s too late to get it, or because you missed the deadline and therefore the opportunity went to someone else.  Eventually, procrastination catches up with you and it is not pretty.

You have heard me say this before. Stay in your zone, I want you to focus on your strength, but I also do not believe it is okay to ignore a weakness if a few minor tweaks can increase your effectiveness. Procrastination gives you a false sense of having time to do a task later, but in truth, you may not.  We are not promised tomorrow so whether it is at work or home, stop putting off till tomorrow what you have time to do today!

Caleb BagwellCaleb Bagwell/Employee Education Specialist
John Maxwell Certified Leadership Coach
Grinkmeyer Leonard Financial
Toll-Free: 866.695.5162 / Office: 205.970.9088 
1950 Stonegate Drive / Suite 275 / Birmingham, AL 35242

Contact Caleb

Follow Caleb on LinkedIn

Follow Caleb’s Blog

Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org/www.SIPC.org, a Registered Investment Adviser.  This communication strictly intended for individuals residing in the states of AL, FL, GA, KY, LA, MD, MS, OK, PA, SC, TN, TX. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.

Living for the “Ah ha” Moments – There is a Better Way!

 

Caleb BagwellCaleb Bagwell/Employee Education Specialist
John Maxwell Certified Leadership Coach
Grinkmeyer Leonard Financial
Toll-Free: 866.695.5162 / Office: 205.970.9088 
1950 Stonegate Drive / Suite 275 / Birmingham, AL 35242

Contact Caleb

Follow Caleb on LinkedIn

Follow Caleb’s Blog

Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org/www.SIPC.org, a Registered Investment Adviser.  This communication strictly intended for individuals residing in the states of AL, FL, GA, KY, LA, MD, MS, OK, PA, SC, TN, TX. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.

Transparency: Given or Requested?

Transparency--Given-or-Requested

As my understanding of how my industry has operated in the past increases, I grow uncomfortable with the status quo. This entire industry has long been based on one party having all the information and other parties paying fees to get access to that information. That scenario was completely understandable during the founding of and growth of the modern financial enterprise. Information transfer was not as seamless as it is now and there was an immense amount of work required to gather that information.

Today may be a new day and age, yet most financial advisor/client relationships are still built on the advisor having all the info and the client being held to a certain level of required trust. Many clients are operating on the assumption that their advisor will give them the necessary information to make decisions. So, back to my title question, is the transparency regarding financial information given or requested? In this financial relationship, is transparency freely given by the advisor who understands instinctively the desire to see the details in order to make an informed decision? As a client, do you feel you have to request details that are needed to be fully informed? Try looking at it like this next time you meet with your advisor; can you answer the following questions without having to ask:

1) Do I understand why each change recommended benefits me?

2) Is it clear how my personal plan was considered in the recommendation?

3) Do I know how or if my fees will change because of this recommendation?

4) What is the long term impact of this decision?

Was it made clear to you why each change or recommendation made since your last meeting is in your best interest? Was it explained how your personal plan will benefit and how your expenses will change? Is it obvious how your advisor stands to benefit from the decision? These are all material questions and details that should be communicated with you without having to request the transparency.  If you are concerned that you are having to request transparency, have that discussion with your advisor. Your advisor may be so far in the weeds working for you that he or she forgets to communicate properly.  If, however, you have that discussion and are still concerned, give us a call for a second look.

 

Caleb BagwellCaleb Bagwell/Employee Education Specialist
John Maxwell Certified Leadership Coach
Grinkmeyer Leonard Financial
Toll-Free: 866.695.5162 / Office: 205.970.9088 
1950 Stonegate Drive / Suite 275 / Birmingham, AL 35242

Contact Caleb

Follow Caleb on LinkedIn

Follow Caleb’s Blog

Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org/www.SIPC.org, a Registered Investment Adviser.  This communication strictly intended for individuals residing in the states of AL, FL, GA, KY, LA, MD, MS, OK, PA, SC, TN, TX. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.