Millennials Are Perfectionists (No, Really)

When I first read this story I was skeptical.

But when I focused on a singular point: social media, it makes sense.

As a sports fan the common theme you’ll hear is professional athletes today deal with more pressure than previous generations which directly relates to social media.

Selfies and personal branding has lead to idealized personas. What is posted is not reality.

Like any competition it’s tough to keep up.

Setting unrealistic expectations and goals sets you up to fail. Demanding to perform at a peak level constantly has it’s downfalls. Burnout, depression and self-doubt are just some of the side effects.

The building of “me” is a dangerous road. Society promotes it, but in the end all roads lead to hell.

This may explain the lessened attempts at risk. If you’re taught that you can do anything you want (false advice), how will you handle it when things don’t turn out as planned?

Perfectionism has personal and professional implications: mainly around mistakes.

But if you make the mental shift “I can live with failure; I just can’t live with regret” everything changes.

Life isn’t about being perfect. Ask any successful athlete or entrepreneur how they succeeded and failure is a huge part of the recipe.

Making mistakes is part of life because trial and error is the best teacher.

Imperfection is what makes us all human.

Only you can release the self-imposed pressure to be someone you’re not.

Be you. That’s not a mistake.

Do What All The Millennials Do: Make Your Business A Success

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It seems we can’t go anywhere these days without hearing about some form of success story when it comes to business. Millennials creating smartphone applications that take over the world, becoming digital pioneers in a fast-paced and ever changing business environment, ad literally thriving not just driving under the overwhelming pressure. It certainly seems to be the inspiration for many others to follow suit as more business are being started up each day and with the promise of the a new year in full flow, now is often one of the most popular times to do it. But how do you ensure that your idea becomes a success? I wanted to share with you some of the things to consider to ensure that your business gets off the ground.

Having the right support in place

One thing you have got to consider when going into business or starting up on your own is having the right level of support around you. You may be an expert in your field and industry, know the service you provide inside out or the product you have created like the back of your hand, but you can’t always be the expert in every aspect of running a business. A good entrepreneur knows when they need extra guidance or support. That might mean computer network support where you have a company take care of things like cloud storage or handle your systems if things don’t go to plan. It might mean outsourcing to a digital agency who can come up with striking social media strategies or help your website be seen amongst the sea of other competitors out there. Choosing your support network is vital, as there will be areas that you can control yourself.

Knowing exactly what you want to do and how you want to achieve it

It is also important for you to know exactly what you want to do with your business model and how you plan on achieving it. This is how you can then strategize your business moves to ensure that you get your business to where it needs to be. This is the time to work out a business plan, know exactly how you plan on financing each move and then being open to ideas and change because business can be a very fast-paced environment and it’s important to ensure that you can also be flexible.

Embracing digital services

It’s now more important than ever that any new business embraces the world of digital. More is heading online these days and with consumer behaviors changing, it’s important that a business honors that and makes changes or at least gives customers the option. A decent website, being present on social media and ensuring that you have a decent marketing campaign could be the key to success.

A lot has to do with work ethic and attitude

Finally, while a lot has to do with how you make your business work you can’t forget that the only way it is going to happen is through hard work and dedication. Your attitude to your business and to life itself needs to be proactive and positive. Hard work will get you places.

Top Tips For Investing In Your 20’s

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Everybody knows that investing your money is sensible if you want to have a healthy retirement pot. But you don’t need to worry about that until you’re getting close to retiring, surely? You could wait, but if you think about it, what real reason do you have to delay? The earlier you get started, the more money you can save up. Starting in your 20’s also means that you don’t have to put as much money into investments each month. When you’re young you probably don’t have much experience with investments so it can be a little daunting. Don’t worry though, just follow these simple steps and you’ll realize that investing doesn’t have to be that hard.

Get Some Help

This is the number one most important thing to remember. You can do all the research you want but you still won’t be an expert. If you make poor investment choices you’ll lose everything so it’s always sensible to get help from a professional. Hire a good broker that can give you advice on the markets and tell you where your money is safest. Check out this tastyworks review to get a better idea of what help they can offer you. It is possible to make investments on your own without the help of a professional but it’s not worth the risk.

Understand The Power Of Compound Interest

When you put money away and it earns interest, the rate at which that money grows will get faster and faster as the interest compounds on itself. If you started investing in your 30’s, you’ll make significantly less money than you would have in your 20’s because of that interest. The earlier you get started, the more money you stand to make and even a few years can make such a huge difference.

Clear Debts First

Thinking that investing is the solution to all of your problems is naive. It can help you to build wealth from a young age but you need to think about your overall financial health as well. If you’ve got a load of student loan debts or credit card debts, all of that money you build up is just going to go into clearing them when you’re older. Before you start thinking about putting money into an investment pot, get all of your other financial business in order as well.

It’s also important that you get a handle on your spending habits as well. If you’re reckless with your money then you won’t have enough spare cash to put aside each month.

Increase The Amount Gradually

When you’re younger, you’re likely to be earning a fairly low wage. If you put too much away for investment you won’t be able to save for a car or a house or anything like that. When you first get going, start off with a small amount. Then you can increase the amount gradually, in line with your income as you start to earn more. That way, investing isn’t going to make life difficult for you.

Investing isn’t just for people in their 40’s that are earning a good wage. The earlier you start, the better.

Stop Waiting Until You’re Ready

If you’re waiting until you’re ready to start a project, stop.

Technically you’re never “ready.”

There’s always more research to do…

There’s always more testing to do…

There’s always more planning to do…

Problem is, that’s what’s stopping you…the failure to act.

Take advice from someone whose started a number of projects that haven’t turned out successful: you miss 100% of the shots you don’t take.

Just like hurt is inevitable in relationships, failure is bound to happen at some point in business/your career. Deal with it.

What’s helpful to know is by NOT doing anything you’re making a choice:

Every action or inaction you take has a cost. Most of the time the cost of doing NOTHING is more painful.

Use the analogy of going to the gym. The hardest part is getting there, but once you arrive rarely do you regret it. The feeling of accomplishment after completing a workout should overpower not feeling like going.

Today monetizing a passion doesn’t mean quitting your job to start a business. It includes creating a side hustle. If you think of your career as a financial investment, doesn’t it make more sense to diversify than go all-in on one role?

Freelancing will soon pass up full-time employment in the job market. That means multiple streams of income is the future of survival. If you currently don’t love selling, get used to it.

You and I value mentors because of their experience. Without starting something you lack it. Trial and error is still the best teacher, so in order to grow stop thinking and start doing.

That’s how every successful company got to where they are now: they started.

Dreaming is overrated.

Execution is what counts.

3 Reasons Why Millennials Invented Friendsgiving

Friendsgiving officially became a “thing” on November 26, 2009 (according to the Urban Dictionary).

Scoffed at by older generations, the origins behind this growing annual event make sense. Here’s 3 to start:

1. Extra Feast 

Any reason to gather around food is a good one. Traditionally celebrated on Wednesday, the day before Thanksgiving, it means at least back-to-back feasts before the weekend’s leftovers binge. Food is a trend that isn’t going anywhere. Potlucks means more people, more choices and more food. We live in a society that lauds gluttons and this just adds to the once a year madness. On top of that Instagram worthy shots are taken and shared with friends alike. Hard to not support it.

2. The New Definition Of Family

Thanksgiving does include foods we love, but it can also invite relatives we don’t. Besides some people who are forced to work on Thanksgiving, holidays can bring family conflict and uncomfortable encounters to a home. Friendsgiving is the alternative to extended family gathering by replacing it with people you actually want to be around. In defense, Friendsgiving isn’t meant to take the place of Thanksgiving, rather add a new event for those who may not have family close by, can’t make it home in time or just plain love events. The reality is nuclear families are disappearing so Friendsgiving is an adaptation to the changing times.

3. Lifestyle Fit

Millennials are getting married and having kids later in life. That means Friendsgiving is a more “adult” gathering than most. Insert alcohol and rowdiness to enhance pleasure, not numb it and problem solved. Millennials do live at home longer, so it’s not an escape from family rather a social feasting of sorts. Young professionals can and should take credit for creating this festivity. Plus since it appears on social media clearly it exists.

All jokes aside there’s definitely a method to the madness. Friendsgiving is about friends and food. Two of anyone’s favorite past times rolled into one annual event. Let’s give thanks.

Millennials Hate Risk, Here’s Why

This article stated Millennials aren’t Entrepreneurs which got me thinking…how do we really interpret risk?

With a title like this one would assume criticism will follow, but you’re wrong.

Of course startups tend to be started at an older age. Life experience can be a catalyst for great ideas.

The risk Millennials hate is: lifestyle risk.

Why work a corporate job you hate, just to support the life you want?

If you dread waking up in the morning something’s gotta change.

Entitlement can be viewed in two different ways: deserving special treatment or not settling for second-best. The former is a stereotype, the latter is a motivation.

Companies like Uber, Airbnb and Nexflix resonate with Millennials because they tap into a deeply embedded value: if you don’t like what’s being offered (monopolies), disrupt it by creating a new category.

The irony here is Millennials aren’t the only ones supporting the above companies. They are just the pioneers.

Risk is defined as being exposed to danger, harm or loss. In business-terms, smart companies/entrepreneurs look to avoid risk as much as possible.

Society interprets living adventurously as risky, but every generation in their 20’s prior to having a spouse/kids travels (as well they should).

By not purchasing homes, cars and staying at companies past a year Millennials have turned risk upside down. Carpe diem.

Don’t ignore the future, but enjoy the present. If you plan too far ahead you risk creating memories now.

Act Like A Boss, Not A Friend

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If you have never been a manager before, you may feel as if you’ve been thrown into the deep end without a paddle. Becoming a manager for a group of people who you once worked alongside can be very stressful, it can feel incredibly awkward and first and you may feel guilty giving orders. The important thing to remember is that this is your career and you have been given a wonderful opportunity to spread your wings and prove what you are capable of as an individual and to grow your professional skills even further. If you don’t know where to start and how you are supposed to act as a manager, here are some tips:

Don’t become smug

The worst thing that people can do when they earn a position of slight power is to let it go their head and play it off as if they are better than everyone else. You are not better than everyone else, you have simply proven qualified and experienced enough to handle the responsibility of looking after a group of employees.

Act like a boss, not a friend

The important thing to keep in mind when you move up in the workplace is to balance your behaviour in a professional way. While you don’t want to buy yourself a crown and walk around the office calling everyone peasants, you also can’t have that same friend-to-friend relationship as you did when you were a lower member of the team. Now that you have found yourself responsible for the running of an office and you have to delegate tasks, you need to learn to distance yourself from the rest of the team in a way where they respect your authority without thinking of you as a dictator.

Discuss your new role

When you get promoted to the position of manager, make sure that you take some time to sit down with your boss and talk through the duties, responsibilities and actions you should be taking as a people manager. If you are worries about how to treat your staff and what to do in terms of talking to them and holding team meetings of your own- voice these concerns with your boss and they will be able to give you some advice on how you need to act in your new role. Take the time to also discuss what your goals are in terms of sales or KPIs within the office, and how best to delegate tasks amongst your team.

Learn the culture

Every company has a different way of working and different views. In order for you to find your place within the organisation and allow it to function well, you will need to take the time to work out how the body of the business works. Where is the brain, the blood and the heart of the business? What makes it tick and who are the key players?

Think back to your old managers

You may have had several managers in your time in the working world, and hopefully there will be at least one of those managers who you looked up to and saw as a good role model. Take on their ways and incorporate them with your own as you find your flow and get used to the role. Over the years you will develop your own way of running things- but when you start out it is helpful to have a role model to look up to.

Get to know your employees

If you have simply been promoted to the role of manager within the same team, then you will already know your colleagues pretty well; however, if you are moving to a new company to be a manager, you will need to take some time to get to know your employees. Make sure that you hold regular staff meetings when you first join and let each of your team members explain a little bit about the role they take on in the office and any projects they are currently working on. Continue to hold meetings each week or month to catch up and make sure everyone is happy with what they are doing and they aren’t struggling with anything. It may also be a great idea to take out some time to go on team-building exercises or even take the team out for dinner at the end of the month to get to know everyone on a more personal level. Although you do want boundaries, it is much easier working with people you know trust and respect.

Understand individual needs

You will be managing a group of people who are all unique in the way they think, work and who have individual personalities. You may find that you end up working with someone who suffers from dyslexia and struggles to read, or suffers with anxiety and struggles to talk. Making arrangements to accommodate and help these individuals will be what sets you apart as a good manager. Certain members of the team such as accounting may require a private office to work with sensitive information, so make sure that you cater to everyone’s needs.

Discuss your role with your team

When you are promoted to a level which is higher than your peers, it can be awkward and a little bit uncomfortable for everyone to get used to. Instead of staying quiet and beginning to act like a manager straight away, take an hour or so to sit down with your new team and talk to them about the new role you’ll be playing. They will understand that you have new duties and will be able to help you adjust to your new role with encouragement. Working with your friends is helping in this way because they can help you to air your concerns and feeling and reassure you that it won’t change anything with your friendship. You will then be able to transition to the role of manager with the full support of those you once worked alongside.

Working In A New Country – Survival Hacks

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Moving to a new country is a daunting and exciting thing, with, probably the hardest task is getting a job. Or if you already have one secured, it will be the language and cultural barriers that you must cross. If you have moved to a new country that speaks the same language as you, then you have a good step up, but there are always new things to learn in a new country. Before you move, prep. Use the internet to research where you’re going, have a vague idea of the layout of the town or city, and start to get to grips with the money, laws and traditions.

Language

The language is going to be the hardest barrier to face. The hope for most moving to a new country is to learn it and be as fluent in it as their mother tongue. And living in a different country is the easiest way to learn a new language, if only because you have no choice but to learn to speak it. You can find schools and teachers in any country, and, hopefully, they will do as the Effortless English Club in the US do, and teach in a modern and flexible way, and not like going back to school. You can also kick off your learning with apps like Babel so that you can get the basics down before moving.

Socialize

With neighbors, colleagues and anyone else you meet – make an effort to socialize, not only will you become more fluent when speaking, but you’ll learn more about the place you’re living. There’s no point moving somewhere new and shutting yourself away all the time. Explore and enjoy the place that has become your new home, don’t let work take over. Hanging out with people gives you the chance to learn about the local culture too – about the socially accepted rules, and the things to avoid. About any festivals or celebrations, any national holidays that you can get involved in and enjoy. One of the easiest things to do in a strange place is to shut everything out, causing you to feel homesick and even depressed.

Help

If you’re struggling to grasp an aspect of your new job, having a problem with the language barrier, or an issue with anything really – you just need to ask for some help. Ask your boss or one of your new found friends. Don’t sit there and let it become a much bigger issue down the road. There is no harm in asking.

Live Like A Native

There maybe things you’re used to back home that are very different in your new country; rather than buying your food at a store, you might have to go to a market. Cooking might be different, the food you’re used to not available. And where you might miss it, think about the new skills you’ll learn, the exciting prospects of trying new things, and how amazing food will taste when you visit home again. Try and integrate some local culture into your daily life and appreciate the new land you live in.

3 Requests From Millennials To Managers

Millennials get a bad rap.

Sure, some of the stereotypes are true, but what about taking an empathetic viewpoint?

Technology has changed the game forever, therefore management needs to step up accordingly.

Here are 3 ways managers can maximize Millennials:

1. Show me, don’t tell me

Coaching works. Micromanaging doesn’t.

According to research, auditory learning is the least effective yet traditional education teaches us otherwise.

Modeling correct behavior is more efficient than any handbook, Powerpoint presentation or lecture can ever be.

Millennials need mentors, not bosses. The difference between a leader and a manager is how they deal with people. The one size fits all approach is dead.

Managers need to approach supervision like a tutor. How to show the content is more important than knowing it. Customizing a message to fit the receiver is more work, but it also gets better results.

2. Learning is more valuable than perks

Free food, remote work and ping-pong tables are nice amenities, but they don’t increase retention.

Millennials care more about developing their careers by learning new skills than being enticed by external rewards. In fact, companies who base their culture around perks are promoting fool’s gold.

If you want to retain your best young talent, you need to invest in them. Similar to teenagers, if you want to teach independence you have to give them responsibility then respond accordingly.

The reason semi-annual and annual reviews don’t work is there’s too much time in-between feedback. Daily to weekly feedback may sound overwhelming as manager, but without it you risk quality control.

Leadership is about making those around you better, not priding yourself on being the best. Look no further than team sports to know your value increases as your team wins.

3. Listen, before judging

Entitled. Lazy. Narcissistic. Millennials have heard it all.

Before you judge a book by it’s cover, open it.

As a manager if you don’t get to know your workers, you default to believing stereotypes. That’s called ignorance.

Millennials may struggle with interpersonal skills, but peel back the skin and you’ll get down to the root of the issue.

People are people. Sometimes we over-trivialize that. The most effective thing any manager can do is listen.

If you don’t know the story, you’ll never be able to positively impact it.

In the end it’s the connection between the manager and Millennial that determines results.

People don’t leave companies they leave managers.

Sincerely,

Millennials

Ways To Enrich Your Career

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We all want to do well in life: whether that be in the traditional sense of getting married, buying a house and having children, or getting ahead in our careers. For many, a career is much more than just a way to make some extra income for their family; it’s a way of life. People choose jobs that they love, because they love to be doing a job and adding some value to society. We all want to be able to work at a place we care about doing something we love, and make the world that bit better in the process.

But how do you go about enriching your career? You might feel like you’ve hit the dreaded wall and cannot progress past the point you are at right now, but that isn’t the case at all. There are plenty of ways that you can make the most out of your job and make it work for you. Here are a few ways to improve and enrich your career this week.

Prioritize Your Tasks

The first step in improving the way you work is to learn how to manage your time in the most efficient way. If you have 10 tasks that need doing each day, make sure that you write them down in order of priority so that you do the most important things in the morning when you are fresh minded and have more time. It will mean that you won’t waste a huge chunk of your workday doing menial tasks which really aren’t that important.

Talk To Your Boss

Find out what your boss would prefer you to spend your time doing each day in order to make the most out of your working hours. It may also be useful to discuss different ways of completing certain tasks and exploring whether you could half the time it takes you to complete something specific.

If you feel like you aren’t progressing, talk to your manager and share your concerns. The likely outcome will be that your boss will offer you some sort of training or extra duties to broaden your knowledge and experience. This could open up doors for you in the future too and mean that you are able to climb up the career ladder or explore new avenues later down the line.

Find Ways To Automate Tasks

If you find that you spend half of your day just importing data into a spreadsheet to make a report, you might want to look into ways that this task can be completed automatically by using a piece of software, saving you from spending hours doing one thing, and freeing up time for other ventures.

There are often some great software applications that can handle things such as reporting, data input and even accounting to free up your time to focus on much more important tasks. By finding ways to automate tasks for the whole company, it will mean that you along with your team will be able to branch out into new areas and carry out more of the work that you love.

Enrich Yourself

Enriching your career isn’t just about what you do in the working day- it is also about going the extra mile with the rest of your life. To really push yourself in your life you can start a side project at home or even go on a course to widen your knowledge within your industry. It will not only be a great experience for you, but it will also open a lot of doors in your career path.

Alternatively, if you want to really challenge yourself and go above and beyond, you can take a few months out of work to travel. Travel not only broadens the mind and the soul, but it can also give you chance to see what it is that you really want in life. You could go and volunteer with endangered animals for a while and do some conservation work, or you could even go to a third world country and help give aid to poverty stricken people. There are always people in foreign countries who wish to learn English, so why not use your knowledge of your mother tongue and teach English to a group of children or foreign nationals? It will not only give you a lovely experience living and working in another culture, but you will bring back with you public speaking skills which are invaluable in any career path you want to explore.