Thought For Today

Intelligence Is Overrated: What You Really Need To Succeed – Forbes

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Research carried out by the Carnegie Institute of Technology shows that 85 percent of your financial success is due to skills in “human engineering,” your personality and ability to communicate, negotiate, and lead. Shockingly, only 15 percent is due to technical knowledge. Additionally, Nobel Prize winning Israeli-American psychologist, Daniel Kahneman, found that people would rather do business with a person they like and trust rather than someone they don’t, even if the likeable person is offering a lower quality product or service at a higher price.

via Intelligence Is Overrated: What You Really Need To Succeed – Forbes.

The Potential Harm of Social Media

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Just recently a child was hospitalized after putting a bottle rocket in his pants and others were hospitalized after holding cinnamon in their mouth for a minute. The danger is that these kids may or may not know that these stunts are dangerous. It may not be evident that a video seen online is not a credible source…

It worries me that we are being accustomed to quick messages and short hand typing that we will soon become a society of less social individuals and poor communication skills.

via We need to see the potential harm of social media.

Opportunities EVERYWHERE

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Exchange of Services and Adding New Business Lines: I have a good friend who is a young MD type doctor. He was loaded down with student loans and he operates his own office in Encino, CA, a fairly wealthy area. It costs him $225 per hour to keep his office doors open. He had to do hospital rounds at night to survive. Radio time is now going begging. So, I worked a deal for him with a local radio station. He gets advertising air time and even has his own medical “show” on that station. He is also now the personal doctor for the station owner and the few employees. This was an exchange of services. I did not charge for putting this deal together but it lead to a new business line for him that I proposed and share in that revenue. He is located in a wealthy area. There are a lot of wealthy older people in the area who do not like going to see the doctor but from time to time, need medical help and attention. So we set up a medical concierge service that also gets advertised on that radio station. We make house calls and the fee is not cheap. We now have eight doctors on call and business is brisk.

via Opportunities EVERYWHERE Market Sniper – Slope Of Hope with Tim Knight.

The example above is one of the real life money making opportunities highlighted in the article.  Go read the rest.  This is tremendous food for thought.

I started to think about my own business after reading the article.  A while ago I recognized my opportunities were similar to the ones described by Knight.  I began to understand that I had started working at the intersection of disciplines.  Underwriting and law.  Auditing and underwriting.  Technology and underwriting.

Can you take your expertise to the intersections of disciplines to meet unmet needs?

HT – Michael Panzner at Financial Armageddon

The Conundrum Between Maturity and ADHD

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A recent Canadian study showed that the youngest children in each grade (born in the earliest month of the Canadian grade cutoff: December) were 30% more likely to be diagnosed with ADHD than the oldest children (born in January). For girls, who overall have a lower incidence of ADHD, the difference was even more pronounced: 70%.

Interestingly, the overall rate of ADHD diagnosis in the sampling of children from this Canadian study (900,000 children) was 6.9% for boys and 2.2% for girls. Rates of diagnosis here in the United States are much higher, creeping up on 10% of all children.

via The conundrum between maturity and ADHD.

Medications are not without their side effects…

The Case Against Passion – naked capitalism

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But the real question is who this vogue for romantic attachment to one’s work really serves. Faking passion in job interviews seems to be as necessary as faking orgasms is in some relationships. On the surface, this long-lived fas appeals to the narcissistic tendencies that are ever more common in American society, that we all have some special talent or destiny and we are supposed to go forth and, to use that horrible New Age turn of phrase, manifest it.

But being emotionally invested in career success as the proof of one’s worth makes people exploitable. That’s the secret of elite firms like Goldman and McKinsey, which hire people who were not simply bright, but have a record of achievements that shows that they care deeply about external validation. When an organizational guru came in to give a look over McKinsey in the 1980s, he was famously told by the head of the firm, “Don’t mess with the insecurity.”

via The Case Against Passion « naked capitalism.

Passion is overrated.  Love is perhaps too strong a term.  I prefer extreme liking.  Are you passionate about your work?  Do you love what you do?  Or do you simply like what you do?

Do or not do.  There is no try.

Yoda

A Harrison Barnes – Do What You Want To Do, Not What You Think You Should Do

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If you have a job or are pursuing a certain career primarily because you think you should, or because others think you should, you are making a huge mistake. You need to understand that if you keep doing this, you are never going to be truly happy. You need to be living the life and having the career that makes you happy. The voices that you hear inside yourself, which tell you to pursue a certain profession or be a certain thing, are often not your own voice. They are the voices of your parents; they are the voices of your peers in school; they are the voices of the people you associate with at work.

via Job Search Guru | A Harrison Barnes, Career Advice, Job Search, Change In Profession | Harrison Barnes | Try the Career Coaching Club!.

Why do you do what you do?  Easy question but sometimes you may not like the answer.

More Intelligent Life – Thought for Today 01.27.12

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Advice to people at the beginning of their careers: do not imagine that you have to know everything before you can do anything. My own best work was done when I was most ignorant. Grab every opportunity to take responsibility and do things for which you are unqualified.

Advice to people at the middle of their careers: do not be afraid to switch careers and try something new. As my friend the physicist Leo Szilard said (number nine in his list of ten commandments): “Do your work for six years; but in the seventh, go into solitude or among strangers, so that the memory of your friends does not hinder you from being what you have become.”

via THE 60-YEAR JOB: FREEMAN DYSON | More Intelligent Life.

I really wanted to post this when I first read the article.  But I was in Chicago, sitting in a Cosi, working on a laptop that should have been replaced five years ago.  I didn’t have my usual software tools, but I digress.  I loved this advice and I know you’ll love it too.