Practice the art of restraint
Written by:
Leslie Gail
Article Overview: Thanksgiving is right around the corner, along with holiday celebrations and the new year. This typically means stressful situations and possible heated family moments. Every day we are faced with similar situations that could easily bring out the worst in us. Learn ways to cope with stressful situations.
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Free Download - Reorganize your life By Leslie Gail
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Practice the art of restraint
Thanksgiving is right around the corner, along with holiday celebrations and the new year. This typically means stressful situations and possible heated family moments. Every day we are faced with similar situations that could easily bring out the worst in us. A colleague says something that upsets you. A friend makes a comment that irritates you. It is easy to lash right back, but it might be wiser to adopt a little restraint. Our first impulse might not help the situation, it will probably only escalate the feelings on both parties. Instead of lowering yourself to another's level, try taking the higher road with a dose of restraint and calm. Sometimes just taking a bit of time to organize your thoughts and take a deep breath will benefit everyone involved. My son is seven years old and he already understands the benefit of taking some time to himself when he is angry and unsettled. I discussed this openly one time when he didn't understand how to deal with his feelings. He knows that taking a brief time out and cooling off is better than acting out and getting into trouble. I am hoping instilling this at a young age will benefit him later on in life. If you ever feel so angry and know there is a good chance that you'll say something that you'll regret later on, take a step back. How many of you have impulsively said something that was hard to repair later on? Sometimes you can't fix words that are hurtful and not thought through. This week try catching yourself before overreacting to something or someone that obviously pushes your buttons.
ACTION TIPS FOR THE WEEK:
1. Take a breath
When you are caught off guard, it is easy to overreact and act impulsively. Next time this happens, take a deep breath and resist the urge to snap right back. Just the mere act of waiting will give you time to think clearly about your actions prior to doing them. Focus this week on taking breaths whenever you feel something or someone getting the best of you!
2. Escape the environment
When something is said and you feel yourself holding back, sometimes it is necessary to take a step away. Distancing yourself from the environment will also allow you to take some time to think through your next move. You may or may not need to confront the person, but at least allow yourself a break to come up with rational alternatives.
3. Get information needed
Before coming to your own assumptions as to why someone acted a certain way, ask questions. Get yourself the information needed prior to putting your foot in your mouth. Most of the time once you receive an explanation, it alleviates your urge to lash back. Just understanding someone else's point of view, creates a bigger picture than what you assumed. Try this this week! Ask questions, and do the research before jumping to conclusions.
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Different Types of Funding
- Finance for business can be obtained through a number of different sources.
Let's review some of those channels to help you decide what's right for your business needs:
Grants
There are over 930 different EU and UK grants and loans available from over 100 issuing bodies. This is the cheapest form of finance and an important part of the funding package that companies and individuals need. We can help you find your way through this maze.
Technology
Micro Projects: 50% of eligible costs up to £20,000
Research project: For a technical and feasibility study of an innovative idea for new technology 60% of costs up to a grant of £75,000.
Development project: For development up to pre production 35% of costs up to a grant of £200,000
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Export
To start exporting or moving into new markets grants of 50% of costs up to £20,000 each.
Training and Education
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Modern Apprenticeships
New Deal for various grants.
Environment
BOC Foundation for the Environment: 25% to 50% of Project cost, typically £20,000 to £100,000
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Loans
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Credit cards
Provides up to 56 days free credit if you play the game!
Overdraft
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Bank Loans
Lenders tend to look for a good business plan and security. Typically the loan is approved by a centralised back office function rather than the person you meet. Terms and rates depend upon the risk. Repayments can be very flexible to meet your specific needs.
Mortgages
These can include flexible repayment terms to meet your business needs. This can even be incorporated into your overdraft finance so that you have one flexible account for both personal/ business mortgages and overdraft
Small Firms Loan Guarantee Scheme
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Equity
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Business Angels
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Venture Capital
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Asset backed finance
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Leasing
This will cover your capital expenditure and spread the cost over a three to five year period. It is particularly useful if you do not have taxable profits to maximise your capital allowances.
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Factoring
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Pension fund
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