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Response to Economic Meltdown

This response from a reader was just too good not to share.  Leadership development and dealing with the difficulties in today’s business and economy take personal responsibility – and that is what this answer is all about!!  Enjoy – Marsha

Your responses were right on, Marsha!!!

I too am miffed over the avalanche of doomsday advocates! I still try to
spread optimism wherever I can, despite the mess we’ve inherited from the
greedy and sometime corrupt politicians and bureaucrats.  Additionally, I’m
deeply disappointed that the initial solutions being offered appear to
reward the same individuals who were largely responsible for these very same
evil deeds.

Personal Responsibility in this Crazy Economy

I was asked by a major Business Magazine to answer the following questions for an article. Hoping you find my responses interesting.
Have you personally experienced anxiety and or depression about the economy and describe how you are handling that? No – because I know the economy cycles every 7 – 11 years.  This just happens to be a big BUMP!

How long has it lasted and is it abating given the government intervention of the past several days? I think they should have passed the first bailout and not added all the pork. Some of the issues added are totally stupid and MY tax dollars are paying for it.  Now that ticks me off. Can being ticked off be considered anxiety?

STOP OVERSPENDING TO STAY ON BUDGET

Personal responsibility, self-awareness and leadership of yourself are the only thing that you can really control in this economic downturn and uncertainty. Every one has to stop being a spoiled brat and needs to take control of its own financial success.  Enjoy this article from Randy Luebke – Financial Wizard!!

In today’s economic environment, many people are paying more attention to their monthly budgets than they have in a long time. One of the best ways to rein in your budget is to get a handle on your spending habits. The tips below can help you figure out where your money is going every month, and whittle down unnecessary expenses.

Authenticity: why being genuine is more important than ever

Looking for a way to stand out in your workplace? This becomes a critical question when the economy is tugging at most businesses purse strings and companies are looking to trim costs.  Cutting down forces, outsourcing, rightsizing, and laying off is often a quick fix to an ugly problem for the leadership ranks. Separate yourself from the herd by being authentic.
* Suspending all judgment and keep an open mind to everything.   This does not mean you blindly accept anything, but you gather enough information by questioning and processing that you can set aside your old frames of reference and see the situation with a new pair of eyes.
* Train yourself to be in the moment and not dredging up all the old thinking on why something won’t work or that you don’t like it. This will allow you to be fluid and will move you from that static positioning and entitlement.
*  Allow your self-confidence to shine through so you trust your instinct.  This will guide your behavior to try new approaches. I always recommend keeping a success journal and compile all the successes you have, no matter how small.  When you need a little motivation, read through the pages and remind yourself of all the cool things you have achieved.
* Train yourself to respond not react. Knee jerking when you react tears down the respect most strive to build.  Responding allows you to authentically determine the real guts of the situation and suspends the emotional battle. If you don’t, you will be an authentic jerk and a spoiled brat.
* Taking a creative approach to living, rather than relying on routine and habit. This allows you to genuinely be different from others. Change anything to spark creativity.  Have a stand up meeting, pick up the phone and call someone rather than blindly replying to an email, rearrange your office – any thing!