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How Your Stress Management Skills Affects Your Earning Potential
| Guest post by: Dr. Paul Lanthois |
Article Overview: Do you rant and rave to get your point across? Do you find yourself blaming others or consistently complaining about your business woes? You may dismiss it as 'just letting off steam' but research is now showing that such poor stress management skills can affect your earning potential by as much as 233%...
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Free Download - Less Working Hours Do Not Improve Aussie Work Life Balance By Dr. Paul Lanthois |
How Your Stress Management Skills Affects Your Earning Potential
As I came back from the business meeting, my wife noticed the glazed and drained look upon my face. "How did the business meeting go?" she asked with a knowingly grin upon her face for she had seen that look on me before.
"No wonder the guys business is struggling." I replied.
"Why is that?"
"What was meant to be a meeting on how to boost his business, ended up with him going on about how his wife has left him and how his business partner has left him. When I offered some suggestions and strategies to improve them, he would just come up with reasons why it wouldn't work. It was as if he just wanted to complain and wasn't open to any help."
I'm sure you all know people like that or have had to endure such draining meetings like I did. The way they choose to manage stress may make them feel better but it is often at the expense of those around them
But recent research is showing that such stress management methods are not only draining for other people but are also draining on the wallet. A study of the lives of 268 Harvard Sophomores for 70 years found that the way that you coped with stress had a definite impact on your income potential.
They assessed the participants' ability to manage stress as either mature or immature.
Displays of these skills were regarded as having mature stress management skills:
- Suppression (patience and stoicism)
- Altruism (doing unto others as you wish to be done for yourself)
- Anticipation (allowing painful emotions coming to mind before the actual event)
Immature stress management skills were shown to be:
- Externalising blame,
- Complaining but not accepting help
- Acting out emotions (e.g. throwing a tantrum)
These immature ways of coping with stress often make the offending feel better at the time but often generate unhappy working environments and relationships. The research shows that ranting and raving doesn't pay.
According to this 70 year study, people who were shown to have mature stress management skills earned 233% more the subjects shown to have immature stress management skills.
So if you ever notice yourself bitching about how the Global Financial Crisis is to blame for your woes, you may want to go and look at the real cause in the mirror. You then may want to tell that person in the mirror that it is time to grow up.
This study puts paid to the old adage, "Nice guys finish last." It shows that being pleasant to work with and associate with is one of the key ingredients to a successful career and business.
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About the Author: Dr. Paul Lanthois RSS for Dr. Paul's articles - Visit Dr. Paul's website Click here to visit Dr. Paul's website   Having The Flu Doesnt Mean You Are Sick Creating The Perfect Work Day Where Stress Is Virtually Impossible Is Your Boss Making You SickStudy Shows How Leadership Affects Employee Health Have More Energy At Work With These Tips To A Better Nights Sleep Create A Healthier Work Environment and A Unique Customer Experience |
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- I'd like to reference that article in my next blog post as well.. I worked in sales for years and found that days when I was positive, relaxed where days that it was easy to sell. On days that I was stressed I found I would not reach target. Stress is good at times, but it very easily becomes problematic. I do a lot of very physical exercise and work now, to manage it.
Napoleon on Project Management
- Why do I include this in a list of books aimed at female entrepreneurs? Well...in the expectation that there are as many female history buffs as male ones, and in the belief that anyone interested in history will find this book fascinating, while those interested in project management will learn a thing or two.
I think this was the first "gimmick" book - an author using a historical figure (usually a male, military figure, it must be admitted) to talk about modern day business management. I refuse to read any of the kind that advocates - even obliquely - the techniques of the Sopranos or the Mossad - but these military ones are pretty fun.
Anyway:
Only in the understanding of history, Napoleon might say, do we gain an understanding of strategy in the present. In the same spirit, Napoleon on Project Management offers the recipe for successfully managing your commitments using the strategies, tactics and priorities that propelled Napoleon himself to victory. [The book doesn't gloss over how Napolean eventually fell in defeat, of course, and there's lessons to be learned there as well.
TOC
Foreword by Douglas James Allan (Napoleanic Society of America)
1. The Rise to Power
-The Skills to Succeed
-A Compelling Vision
-Diplomacy and Networking
-Lessons from the Great Campaigns
2. Napoleon's 6 Winning Principles
-Introduction
-Exactitude
-Speed
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3. The Downfall
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-The Four Critical Warning Signs
-Napoleon's Legacy
Which kind of industries are you interested in?
- Ecological or E-business or Investment or Finance or Management or Non-Profit or Retailer or others.
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