A note from peter@thewealthyattitude.com for Tuesday December 23 2008
Well folks, it's been quite a year; and with the holiday season finally upon us, we are going to take a well deserved break.
When we return at the start of the New Year, we will be doing so with renewed conviction and commitment to share with you the many lessons and awareness's that we are blessed to come into our very special world.
January will see us celebrate the first anniversary of The Wealthy Attitude website, and the delivery of The Daily Reader in its new blog format. Both have been huge successes and we have to thank Matt Clark of www.itstrue.ca for his amazing expertise. (Matt, we have learned tons this past year, thank you again)
We are incredibly blessed by having some absolutely amazing writers and contributors who grace us with being able to share their works. If you have spent any time with The Daily Reader you know the quality of their contributions and offerings is truly outstanding. We thank them on your behalf as often as we can, and early in 2009 you'll be receiving something rather special that compliments our contributors relationship with you.
Although they are all very special writers and creators, some stand out even more for their contribution to our year. Andy Andrews www.andyandrews.com has carved his place in writers history with his incredible works. Jan Janzen www.janjanzen.com is building a body of work that will encourage people to unleash their courage for a very long time.
Warren and Michelle Wojnowski who developed The Inspired Science of Getting Rich have shown that they are truly leaders who care. Our friend in Australia Thea Westra of Forward Steps continues her amazing journey to better peoples lives, and she's doing an awesome job of it.
Folks, we could go on and on. Our final thanks for the year go to the very most important people, YOU. Your willingness to let us into your world, your patience as we sometimes stumble with the technologies, your keenness to share with us when you are inspired by an offering to say something back, and your courage to stay on your path of growth is our principal inspiration. We deeply appreciate you in our world. Thank you.
Have yourself a happy and cuddly holiday season and we will see you bright and early in the New Year.
Take care,
~peter & joyce~
P.S. If you haven't yet selected a your holiday gift from our bookstore here's how you get it. All you have to do is go to the website at: www.thewealthyattitudebookstore.com then look through the five pages of stock, pick a book you would enjoy and then e-mail me at peter@thewealthyattitude.com telling me the book you would like and I will send it to you by return e-mail. telling me the book you would like and I will send it to you by return e-mail.
Tuesday, December 23, 2008
Thank You and Happy Holidays
Sunday, December 21, 2008
Learned Optimism
A note from peter@thewealthyattitude.com for Monday December 22 2008
Hello there all and welcome to this very fine Holiday Week.
We're starting our holiday wind up process here and looking forward to some fine reading, fine food, fine wine, fine company, and some very fine rest. It is my finest wish that you have a wonderful holiday season.
If you haven't yet selected a your holiday gift from our bookstore here's how you get it. All you have to do is go to the website at: www.thewealthyattitudebookstore.com then look through the five pages of stock, pick a book you would enjoy and then e-mail me at peter@thewealthyattitude.com telling me the book you would like and I will send it to you by return e-mail.
I appreciate that you have tons to get done for the holiday, however, your 2009 plans stil need our attention. Today's offering by yet another new contributor is bound to add some welcome perspective to your planing process. You'll like what Guy has to share.
In his first research position after college, psychologist Martin Seligman was involved in a series of behavioral experiments involving dogs. Whilst his more senior colleagues expressed frustration and exasperation in the way the dogs were reacting, and in their view "hindering" the experimentation process, Seligman described what he observed in the dogs' behavior as "learned helplessness."
In other words, when faced with situations where they were powerless to change a negative element confronting them, many would simply cease trying to affect the situation. Further to this, when placed in a new situation with a different negative element, they would make no attempt to change it from the beginning. They had simply "learned" to accept that they were helpless and made no attempt to do anything about it.
However, not all dogs reacted in this way - he observed that around one in three would shrug off negative situations and continue acting to improve their lot regardless, and did not seem to carry the negative associations of one experience into future ones.
Seligman subsequently extended his studies to the field of human psychology, where he became fascinated how people could react in totally different ways to the same situation, or stimulus - some positively and some negatively. What he found was that the reaction is largely determined by how we describe or interpret what happens to us internally, or our "explanatory style".
Optimism - reacting to setbacks from a presumption of personal power:
Bad events are temporary setbacks
Isolated to particular circumstances
Can be overcome by my effort and abilities
Pessimism - reacting to setbacks from a presumption of personal helplessness:
Bad events will last a long time
Will undermine everything I do
Are my fault
What Seligman found is that just as we can succumb to learned helplessness, equally we can develop "learned optimism" by controlling our thought processes in terms of how we habitually interpret the things that happen to us on a daily basis.
In other words, do we react in a pessimistic way (my fault / these are permanent events) or an optimistic way (temporary setbacks / these are isolated experiences).
By deliberately focussing on the positive aspects of our daily experiences we can develop optimism by building positive associations with the past, rather than negative. One simple exercise he suggests to develop this habit is what he calls "Three Blessings" - simply writing down three things that went well today and why.
However, Seligman accepts that pessimism is a valuable thinking skill to apply in some situations - particularly when the cost of failure is large or potentially catastrophic. As he says, "You really don't want optimistic pilots."
In short, we have a choice in how we respond to what happens to us, and this seems to be his central message - that many of us fail to realise or accept this, and act helplessly as a result.
As Seligman concludes...
Guy Insull is Founder of Champions Club. Click for more information on Franklin Covey's "Great Leadership" public program courses in the UK plus an opportunity to attend a complimentary one day "Achieving Greatness" workshop.
Wednesday, December 17, 2008
The Courage to Ask New Questions
A note from peter@thewealthyattitude.com for Thursday december 18 2008
Hello again all and welcome to this very fine Thursday. One week to go and we'll be embroiled fully in the holiday spirit, fully stuffed with holiday yummies, and fully aware that when the day is over that there will be just one simple little week left before we begin another adventure.
So, where are you in getting your plans, goals, and intentions plotted out for 2009. Have you got really clear on what you want to manifest for you? Do you have it all set down in writing that you'll be reviewing every single day?
Today's offering is the second from Margie for our subscribers, and I do believe that she has set a new standard for relevancy with it. You're going to like what she has to share.
If I had a dollar for every opinion I'd heard over the last few months about what would solve the woes of the US economy, I reckon I'd be able to fund the entire $700 billion bailout myself! The economy, energy independence, foreign policy, auto industry bailouts, war torn Iraq, recalcitrant Iran, Sarah Palin, health care, Republican vs. Democrat... man there are a lot of different opinions out there and living a stone's throw from Washington D.C., I've been well and truly immersed in them!
Of course I don't have all the answers to these big problems but what truly amazes me is how many people think they do. Julio Olalla, a wise man and masterful coach, once said "Most people have answers to questions they have never asked." Whether it's the big problems facing the globe or the more personal problems people struggle with in their relationships, families, careers and lives, most people have far more answers than they do questions. Just this last week I was with a client who stated, most emphatically, "But this is just the way it is!" in regard to a challenging situation he faced at work. But, as I pointed out, "This is not 'just the way it is,' this is just the way it is FOR YOU!"
For all of us, the story we have about a situation can undermine the effectiveness of our actions to address it. I will guarantee you that if there's an issue causing you some emotional heartburn then intertwined in the problem will be an opinion you are holding that needs putting through the ringer. Likewise, if you have a problem that keeps resurfacing again and again (even if in different clothes each time) then there's something missing in how you are looking at it that is perpetuating the cycle. Only by having the courage to ask new questions which challenge the answers you've been treating as 'truth' and stepping back to see your opinions for what they are - just opinions - can you hope to resolve your relationship tensions, organizational challenges and any other problems that weigh you down.
Zen says, "Don't seek the truth. Just seek to cherish opinions." To which I would add, "...particularly those different to your own." Obviously we are all entitled to our opinions. It's when we think that our opinion is the only right and valid one that we run into strife. After all, if your opinion is the only right one, then by default, everyone else's must be wrong. The implication: you are smart, they are stupid (or at minimum, 'misguided'). Irony is that our ability to persuade others to adopt our viewpoint is weakened, not strengthened, when we force it onto others.
Having arrived back in Australia last week I found myself in a conversation with someone who was telling me how "shameful, immoral and unethical" our government and corporate leaders are for their lack of action in the fight against global warming. She was absolutely outraged that companies put bottom line concerns ahead of the environment. It's possible there were some valid points somewhere in her argument but the ferocity and righteousness with which she was pushing her opinion on me and the complete absence of any interest in my opinion that challenged her own left me checking out of the conversation and making a mental note to avoid similar conversations with this woman in the future. After all, how can one reason with someone who is being unreasonable? I felt like I was having an argument with a two year old.
Of course I'm sure you would never be as righteous as this (??) but perhaps there is some issue (or person) that you are very one eyed about that is doing you, and your cause, a disservice. It brings to mind something the late comedian George Carlin once said: "Have you ever noticed out driving your car how everyone going slower than you is an idiot, and everyone going faster is a maniac?" We all like to think that "we" are the one who has it figured out and it's everyone else that is morally or intellectually inferior in some way. It's a human thing. But it's my humble opinion that the most evolved among us aren't those with the most answers but those with the best questions.
Look at all the suffering, violence and problems in the world, and you can trace most of it back not to the work of mentally unhinged nuts or narcissistic criminals, but to normal respectable people who are convinced of the rightness of their opinions. But in an a world weighed down by so much conflict, family breakdown, injustice, immaculate mediocrity, fundamentalism and sheer ignorance, just imagine the profound shift that would occur if people were willing to step away from all their answers, let go their stranglehold on 'the truth' and step humbly, and vulnerably, into questions. Questions like: What is it about me, and how I'm observing this, that has me see it as I do?
1. How else could I view this situation?
2. What is it about how others see it that I can learn from?
3. How might others' opinions be threatening to me? Why?
4. How might my opinion be threatening to them and how can I make it less so?
5. Where is my pride and ego invested in me being 'right' (or making others wrong)?
6. What questions have I never asked about this issue, situation or person?
7. Where would collaboration, respect and harmony grow in my relationships if I could give up being the one with all the answers?
There are things in life that we can never fully understand; mysteries that will never be solved. However by sitting in the questions, and being willing to engage in conversations that expand our thinking, we stand a far greater chance of living into the answers and resolving the big challenges facing us, personally and collectively, than we otherwise might.
And what about you? How might it serve you - your relationships, career, finances, health and happiness - to let go some of your answers and begin asking new and bigger and harder questions? I don't know the answer, but I'm sure a new realm of possibilities will open up for you as a result.
Margie Warrell is an internationally Certified Professional & Life Coach, acclaimed Speaker and Best Selling Author who helps people Think Bigger & Live Bolder to achieve outstanding success in all areas of their life. To learn more about her award winning book Find Your Courage (McGraw-Hill), a range of powerful programs, and to receive her free monthly eNewsletter please visit Margie Warrell.com.
In Praise of Failure
A note from peter@thewealthyattitude.com for Wednesday December 17 2008
Good day all and welcome to the mid week point.
In a few days we are going to acually get into the "Winter" season. The malls are jammed, kids are tingly excited, and the rest of us are noodling our plans and intentions for the new year.
Yes, I'm keenly aware that we are all dealing with conditions for which there is no guide book. That doesn't mean hat our new year cannot be as magnificent and successful as our minds can imagine.
A new contributor shares something with you today that is highly worth taking some of your day to reflect on. Let me know what you think.
As counter-intuitive as this sounds, given the massive failure of global financial institutions and the despicable revelations about executive payouts in companies like Lehman Brothers and AIG, much can be learned from failure. In fact, our very reluctance to admit that something is NOT working is one of the reasons for our current protracted wars, severe financial meltdown, and no wide and deep commitment to develop alternative energy sources.
British author J.K.Rowling pushed the failure envelope in her 2008 speech to the gradating class of Harvard. She admitted that it was at the lowest point of her life (single parent, no job, one step away from being homeless) that she decided to stop pretending to be anyone else but herself and throw all her energies into writing. The Harry Potter series and a fortune of $1.1 billion testify to Rowling's belief that "you will emerge wiser and stronger, secure in your ability to survive."
ABANDON EGO but NEVER YOUR INTEGRITY
Integrity can be translated as faithfulness to one's self and one's ability whereas ego is viewed in terms of what others think. Some of the world's most impressive successes started out as failures. Beethoven's teacher told him he was hopeless as a composer and then, even as he became deaf, Beethoven wrote ravishing music. Churchill suffered numerous defeats in WWII and was kicked out of office. Yet, he is still regarded as England's greatest wartime hero.
Michael Phelps astounded the Olympic swimming world, and yet his childhood was marked by failures to fit in. As Churchill stated, "Success is the ability to go from failure to failure with no loss of enthusiasm." Or perhaps Henry Ford who went bankrupt many times before getting Ford Motor Company off the ground said it best. "Failure is the opportunity to begin again, this time more intelligently."
DON'T HIDE FAILURE. FOCUS ON LEARNING
Throwing the same strategies and tools at a failure is destined to only get more of the same. The research conducted by Stanford University psychologist Carol Dweck confirms that when failure is viewed as a learning experience, people respond with greater effort. Those who believe they have only a finite talent for learning report that they stop trying and might even consider cheating to get ahead. In the business world, risk --and possible failure-is essential for success.
Companies like Apple and Xerox encourage effort and innovation and see failure as a steppingstone. One of the bigger leadership mistakes would be to use social systems to bail people out of their failures rather than use systems to help people learn from such failures. No excuses. Just lessons learned and next steps to take.
THE OPPOSITE OF SUCCESS ISN'T FAILURE BUT MEDIOCRITY
Failed companies are rarely the fodder for case studies. That's unfortunate because we have much to learn from the failure. In his book, The Strategy Paradox, Michael Raynor, a professor at the Richard Ivey School of Business in London, Canada, looks at the Sony flop of its Betamax video-cassette versus Matsushita's VHS technology. Sony lost because it maintained an iron grip on licensing and high cost whereas Matsushita used opposite strategies. Although Sony lost, no one would regard Sony as a failed enterprise. WHY? Because Sony continued to take big risks and learn from them. The firm COULD have sunk into mediocrity.
LOOK BEYOND THE RESULT
In the world of science and technology, amazing innovations have come as a result of what might be termed "failure". The ability to see beyond the obvious has given rise to everything from rubber tires and post-it notes to Viagra and wine-in-a-box. A great example is failuremag.com. This is an online breakup service founded by Ren and Deanna Thompson. The Thompson's encountered so many online dating mis-matches that they started a Web-based "breakup service" that delivers bad news to the rejected party.
Faced with failure in many of our organizations and our national systems, we have two choices: hunker down, hide and live a mediocre life. Or, we can participate in our own leadership spheres of influence to learn from these failures and create something stronger, durable, and equitable for all.
Known as a powerful presenter and facilitator, Eileen McDargh, CSP, CPAE has been creating conversations that matter and connections that count since 1980. Executive Excellence ranks her among the top 100 thought-leaders in leadership development. Her newest book, Gifts from the Mountain: Simple Truths for Life's Complexities, received the 2008 Ben Franklin book award. To hire Eileen as a speaker, coach or retreat leader visit Eileen McDargh.com.
Monday, December 15, 2008
Seeing Possibilities in Uncertain Times
A note from peter@thewealthyattitude.com for Tuesday December 16 2008
Hi there all and welcome to Tuesday, and it's still amazing freezing here. It was -29 celsius yesterday, and that was without the wind chill, and true to my declaration, I stayed at my home office and worked in my comfies.
What a hoot it was, served with home baking and delicious warming foods. Now that's living.
As you close in on getting your 2009 plans locked into place, you will undoubtedly appreciate what our newest contributor has to say.
This is not the first time that the world experiences a great ebb. World wars had devastated nations, natural catastrophes had swept regions, great crises had sent millions jobless, but humanity moved forward to new heights producing the greatest, successful and exceptional men and women of all time. While it is true that they were only few, it nevertheless proves that it is possible to thrive in times when many others are occupied in thinking of the setbacks of the uncertain times.
What does it take for successful men and women to overcome challenges? Well, they don't really have anything that we don't have; they only have beliefs that the majority refuse to believe. When others are grieving of losing their job, these few good men and women are simply watching the event passing by without attachment. They are watching from a distance because they have taken a step backward. Stepping backward means retreating to see things from a larger view, learn the lessons from the experience, breathe normally and enjoy what is there at the present moment. They fill the present moment with joy while they are in the process of emptying. The joy of the present moment may be the more quality time spent with the family, or the simple walk along the beach with the partner, or the appreciation of the sunset that hasn't been noticed lately. They simply CHOOSE to shift their attention to beautiful things of the present moment rather than the thought of being jobless for an indefinite length of time.
More importantly, they watch the passing event without any emotion. While others are grieving and cursing, these few good men and women are SILENT. What they only see is the end of something that is impermanent, something that has been created and later to be destroyed to give way to the creation of something better than has gone before. They have learned from past experiences that putting emotion, such as anger and blame to the passing event, only recharges the event, thereby giving it more life and power to rule. This is exactly what is happening today. Because the majority is angry and complaining and talking about the economic r (only called r so as not to give it more energy and power), more r-related events are coming their way. What else would a negative thought bring but a negative thing? What else would bring death to a negative thought but a stop to thinking the thought? Neglect makes all things die naturally.
Life Has Seasons
Nature best portrays the meaning of season. There is a time to sow and a time to reap; as the sun rises, it also sets; after the period of rest comes a period of activity; after the cool winter nights comes the warmth of summer. Whatever season it is, everything in nature adapts; otherwise, they perish. It is the law and the law is implemented even if one complains of ignorance.
The current period suggests to slow down or take a rest. Don't worry about what to eat or what to spend in the next days or months as you will be provided. To worry would only reinforce lack and therefore would only manifest lack in many aspects - food, money, job, opportunities, and a lot more. You may not have the luxury of hopping on a plane to visit the relatives in Florida, but emails or calls full of gratitude and love can take away their longing and assure them that everything is fine with you and your family. You may have been developing that belly fat for overstaying in the office, and this may be the time to get rid of that through walking or jogging. Your camping gear might be harvesting too much dust in the garage, and this may be the time to pack everything and hike. You may have been achingly paying too much for a large house, and this may be the time to move out to a smaller house and still get the same comfort.
Step back and the water becomes clear. Past priorities are summoned and given a second look. The second look from a clear mind comes out with a better judgment and decision becomes easy. Before, if letting go of the big house was difficult; now, letting go becomes a conquered freedom. If mountain climbing or running a half marathon had become a dream after having that demanding job; now, it becomes a dream come true. As more people now have the time to pay attention to the physical body, the passage of this period will significantly reduce extra pounds.
When the clutter has been removed, the water flows freely. A feeling of emptiness may be felt but rushing water fills this emptiness quickly. Nature abhors a vacuum. Opportunities come rushing in - you would wonder where they have been hiding all this time. As opportunities come in, the mind is in perfect state again to create new things. The body is in perfect condition again to perform the process of creation. The spirit is high to achieve whatever goal the mind and body has set. Everything is back in harmony.
The process of recovery becomes brief for a person who does not resist, and long for a person who clings to the old form. The economy is uncertain but the forms and thoughts associated with it can be certain. Only the lessons must remain. Everyone is invited to create a new form and only those who are willing to embrace the change will quickly rise from the rubble.
There Is No Better Time Than Now
If you want to consider this period as tough times, expect more of the events associated with tough times. On the other hand, if you want to consider this period as a passage, expect it to pass and it will pass unnoticed.
There is no better time than NOW. If the economy has affected you and you lost your job, there is no better time to think and reflect but NOW. Try thinking of yourself as a great salesperson, no matter what your profession is. You will sell yourself in your job interview. Who can tell people about your gifts better than you? You are constantly selling yourself in your current position to keep your job and perhaps even get that promotion.
Everything in life is not permanent. Jobs, relationships, wealth and everything don't last. When it is there, enjoy it. When it is gone, it is gone. What is left is the present moment and the present moment carries more than what the eyes are used to see. Look beyond and the clear mind and good heart will see possibilities. Most of the time, it is always in front of you, yes, right there in front of you.
George Kengott is the author of new ebook - When Fortune Knocks Open the Door: An Inspirational Story about Sales Secrets in Uncertain Times.
Sunday, December 14, 2008
Action Vs. Apathy: Just Get Moving!
A note from peter@thewealthyattitude.com for Monday December 15 2008
Good day all and welcome to this darned chilly brand new week here in the mid-west. We saw, no experienced, a wind chill yesterday to -44 degrees Celsius and I have to tell you, "I'm not leaving my cuddly warm home". So there.
At the start of January we're going to celebrating the first anniversary of presenting you The Wealthy Attitude in its new format. To say its been a success would be an understatement. You have embraced the site and the Daily Reader format just wonderfully, and for that I thank you.
We are working on some changes for the New Year that are destined to make the website and the blog even more relevant for the new economic times. I'll keep you apprised.
Today we go to our friend Wendy to remind us of a very important lesson as you prepare your plans for the upcoming year.
by Wendy Betterini
How many times have you felt truly defeated by the circumstances in your life? You know, the "I don't know why I bother to keep trying, I'm going back to bed and staying there" feeling. It happens to everyone - housewives, corporate executives, rock stars, actors, world leaders. Each and every one of us has had a day when we felt that we just weren't able to cope with our daily lives.
However, some of us have days like this more frequently than others. Some of us even feel that our entire lives are like this. When we begin to feel this way more often than not, there is a problem. What it comes down to is that we feel powerless. That's where that feeling of defeat and despair comes from. Our subconscious mind is saying, "I just don't have the power to change things, so I might as well give up". Powerlessness is not a good feeling, is it?
The truth is, we are never powerless in any situation. It is only our own minds that tell us we are. Sure, there will be circumstances that we truly can't change. Illness, injury, job loss, broken relationships. Those are life lessons that serve to strengthen us in the long run. But many of us believe we are powerless in every situation, and that is simply not true.
When we feel powerless about one situation in our lives, many of us let that feeling creep into other areas too, until suddenly we find ourselves sitting in the middle of chaos and disorder. Our inner chaos reflects in our outer circumstances. We stop taking pride in our appearance and dress more sloppily. Or we let the housework go because we just don't seem to have the energy to keep up with it. Or we give up searching for a new job because we're just not finding what we're looking for. Or we slide into poor eating habits and slack on our workout routine. We just don't feel like putting forth the effort anymore. We have given up hope and accepted our powerlessness.
A great way to shatter that feeling of powerlessness is to get moving. Okay, so maybe we can't control every little aspect of our lives. We can control most of them. If you are feeling powerless about your job situation, make a conscious decision to take control of the other areas of your life. Stick to your workout routine, clean up your house, wash your car, organize your office, clean and organize your kitchen cabinets. Often, just taking any action will release us from our "deer in the headlights" mindset and help us to solve the very problems that are making us feel so powerless.
Another thing I like to do is something I call, "Massive Foward Action". Very simply, it means putting forth a massive amount of energy and effort in a specific direction. Let's use the job example again. If you are unemployed and feeling powerless about it, put forth some massive forward action. Apply for every single job you are even remotely qualified for. Don't worry about whether you'd like the job or not, or whether you'd like to do this job for the rest of your life.
Right now you just need "a" job. Worry about the details later. Call everyone you know and ask if there are open positions where they work, or if they know of any open positions elsewhere. Visit the temporary employment agencies in your area, and put in applications with them. Browse the major employment websites on the internet, and apply for any jobs in your area. Drive around your area and look for Help Wanted signs. If you see one, stop to inquire about the job. You never know if it's something you can do.
Spend an entire day doing this, or more. Do it every single day until you get a job. In my own experience, it won't take long for something positive to happen. Okay, so maybe the job you get won't be exactly what you were looking for. But at least your financial worries will be over for the moment and you can then begin looking for a job you really want. Or go back to school in the evenings so you can further qualify for a better job later. Or start your own business part-time. The only limits are those you impose upon yourself.
No matter what you are feeling powerless about, it can help to simply create a plan of action. When we feel powerless, we often feel like we are trapped in a box with no way out. There seem to be dead-ends every way we turn. If we can sit down and create a plan with step by step actions we can take right now, guess what happens? We realize that we're not powerless. The most empowering thing you can do is to get moving.
Don't just sit there and accept what life hands you.
Get up, get out and create the life you deserve!
Thursday, December 11, 2008
A Prayer
A note from peter@thewealthyattitude.com forFriday December 12 2008
Good day everyone and welcome to the weeks end.
It's been one heck of a week here at TWA. We've touched of most aspects of the human experience, we've celebrated wins, and lamented losses, and with it all we have witnessed human growth that mkes every single lesson simply "priceless".
To wrap up the week we'd like to share with you a loving reminder of the reasons we all do what we do.
A Prayer
The question we have for you is this. Do you impact your planet with the beauty of what you share it with? That's something to noodle for the weekend
Have an awesome weekend.
See you on Monday.

