Strengthening Character

A person’s character is tested under circumstances when there are time limitations, when they are on the receiving end of scrutiny from others, and when they are completely ignored by the outside world. These scenarios evoke a passion that can be negatively or positively viewed by people that the person is in contact with. A person with an elevated level of character is able to practice patience, perseverance, and respect given any stressed circumstance.

Under time limitations and stress-induced dramatic events, a person with character is able to practice patience. Prioritizing and planning can only account for the presently seen, but cannot predict the unforeseen events that will inevitably happen. If there are competing events that require unequal levels of attention, conquer the most important and utilize multi-tasking skills to control the two events. Lose control of yourself and you lose control of everyone else around you. Being a leader implies having character to set a strong example and re-focus your peers.

One of the most damaging emotions to productivity is fear. The anxiety can come from criticism, a mental block, or an unknown path that can lead to failure. Being perseverant by having a strong faith creates opportunities to conquer anxiety. By never giving into fear, you are never susceptible to the harshness of criticism. Personal attacks on your character can cause a sense of bleakness. Don’t give into the temptation of discounting your self-worth. Character is strengthened by the ability to deflect the insignificant and honoring the value of the work that you are accomplishing.

Feeling ignored and lacking the platform to express ideas can cause discouragement. There is a burning desire to impact the world in the present moment, but it is sometimes better to wait. An inspiring message without a supporting stage is futile. Gain an understanding of the industry and seek experience at a lower level before trying to compete with people that have a podium. Craft your ideas secretly and never reveal your true motivations. Absorb every type of information by reading books, asking questions, and studying the lives of others that are in the position that you strive for. Garner the respect of those that have experience and your platform will slowly be built.

Bottom Line: Control your emotions and the emotions of those around you will be controlled. Character is like a muscle. With the practice of patience, perseverance, and respect, a person’s character is strengthened.

 

Business Model Strategy

Businesses have evolved since the Internet has created an environment that connects businesses with consumers across the world. In past history, mom and pop stores were able to set up a business in a local community and mark-up goods and services. The good ole days are not amongst us and the business environment has changed.

With the upsurge in profitability of online retailers, local businesses are not able to survive. The extensive usage of the Internet has led the companies Craiglist, Amazon, and Google to capture a large amount of market share in their respective industries.

The alternative and highly successful business model is to cut costs ruthlessly and sell large amounts of quantity. Small and local stores are struggling to survive as the globalized companies have the ability to reach consumers without being limited to location. The term for selling products cheaply with an almost negligent marginal cost is known as deflationary economics. The shift to this type of business model is popular as consumers value cheap products that online companies have the resources to provide.

The best investment opportunities are with the companies that utilize the deflationary economics business model. In the future, watch for companies that are able to produce their products with costs that are below the average of competitors and are globally connected to their customers.