Monday Morning Mojo

Confirmation bias (n.): "the tendency to process information by looking for, or interpreting, information that is consistent with one's existing beliefs."

Because of the constant connectivity we experience today due to technological advancements, confirmation bias is more prevalent than ever. How can you combat this phenomenon to ensure that you learn from perspectives that differ from your own?

Resources:

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References:

Confirmation bias: https://bit.ly/2pDnMp1

Dylan Marron, "Conversations with People who Hate Me": https://bit.ly/2vfbVxF

Communication is key to building trust in relationships. Do you know how to properly communicate? Has anyone ever taught you how to properly communicate? Probably not.

Today, we aim to pinpoint the most important components of strong communication: respect, tone, speed, and consistency. We will discuss the ways in which to advance one's communication skills and further develop trust in professional relationships.

Resources:

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References:

Jack Myers Development: https://bit.ly/2KuoaTy

Weber & Associates: https://bit.ly/2MJi3XV

The significance of work extends far beyond the paycheck and the financial stability that comes as a result. Working creates an opportunity for us to not only make meaningful contributions to the world but also, elevate our self-esteem.

This week, we challenge you to be proactive. Create opportunities for future generations to gain experience in professional work environments. The skills they will learn and the value they will add through these opportunities will undoubtedly create a sense of purpose for them, which will lead to a more fulfilled life.

Resources:

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Let's think back to when we first started our professional careers. We had a go-getter mentality: taking opportunities, prospecting and seeking unique solutions. However, as time has gone by, we have found ourselves protecting the status we have built rather than searching for new, expansive opportunities.

Citing an article by thought leader Patrick Lencioni, Phil emphasizes the importance of shifting from a defensive strategy to playing offense in the workplace. After all, not playing offense is often the riskiest move of all.

Resources:

Patrick Lencioni on Playing Offense: https://bit.ly/2MsMBgL

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Please send First Friday Feedback submissions to: [email protected]

Many successful professionals attribute their long-term success to the passion they feel for the field in which they work. This makes sense, as passionate individuals are likely to feel more energized, more engaged, and more fulfilled than their counterparts.

Today, we explore the power of passion and how we should use it to drive our careers. Though it may seem risky at first glance, you might be surprised by the results that follow.

References:

Travis Howard: https://bit.ly/2JUyl3n

Michael Waddell: https://bit.ly/2ytEf6n

Resources:

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What is the most impactful life lesson have you learned? Where did it originate? Was it a person or experience that taught you this lesson?

Throughout our lives, we learn many different lessons and these lessons come from life experiences, interactions with others and even society. Today, Phil shares with us five life lessons that he has learned from both playing and observing the game of golf.

Resources:

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Phil on Twitter: https://twitter.com/PhilBuchananCFI

Phil on LinkedIn: https://www.linkedin.com/in/jphilbuchanan/

You're probably aware of the power and importance of having networks, both socially and professionally. Are you, however, properly managing and maintaining your networks?

On this week's episode, we discuss the benefits that come from keeping consistent communication with your connections as well as the various methods in which you can do so. Join us as we discuss how and why we should aim to increase the value of our networks.

Resources:

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References:

Estee Jimerson, Head of Asset Management at Envestnet: https://bit.ly/2xnFV0n

What is more important: price or quality? Many intellectuals would argue quality, and Phil agrees. By ensuring top quality service and working quickly and efficiently to fix problems, we can expect higher demand and customer satisfaction.

Tune in as we explore the issue of fee compression in today's wealth management industry, noting how advisors should view it as an opportunity to better serve their clients rather than as a personal loss.

Resources:

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References:

Benjamin Franklin quote: https://bit.ly/2IHXfTd

Price & value quote as related to the wealth management industry: https://bit.ly/2IZX3y7

On today's episode, Phil speaks to the value that can come from tackleing challenges. By making it a goal to pursue a number of tasks that with hard work and persistence can be completed within one year, he himself has learned what can come from new, seemingly difficult practices.

Phil shares five takeaways that have surfaced throughout his recent endeavor of pursuing flight lessons. You too can apply the lessons to your own experiences in order to reap the benefits.

Resources:

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Please send First Friday Feedback submissions to: [email protected]

Amidst the busyness and chaos of today's world, we, unfortunately, see too many examples of poor social behavior and lack of manners: on planes, in restaurants, and in offices. However, the way we engage with others—especially those who cannot offer us something—is a true reflection of our individual character.

As humans, we seek positive self-esteem through our interactions with others; therefore it is highly important to lift others up rather than bring them down. As Noel Polk said, "Manners operate as a general commitment to niceness." Use this thought to guide your actions this week and always.

Resources:

Please send comments, questions, and feedback to: [email protected]

Please send First Friday Feedback submissions to: [email protected]

Noel Polk quote: https://bit.ly/2wRGUpk