Tag: Positive Outlook

The Successful Optimist

Possible Not Impossible

Why the language you use makes a difference

 

Glass half-empty or half-full? Does it really matter? As it turns out, it does matter how you explain that glass and the world around you. Those who explain things one way are better salespeople, have less depression and are more motivated than those who see things the opposite way. The good news is that if you can recognize your language pattern, you can do something about it and actually change how you respond.

It’s about a thing called your explanatory style, and Dr. Martin E.P. Seligman has conducted more than 600 studies that prove that optimistic explanations get you the good stuff, while pessimistic ones will often end exactly how you predict them to–badly. Here are a few things essential to understanding the science around explanatory style:

  1. Optimists make more money and are more loyal. In a study with life insurance agents, Seligman found that the most optimistic salespeople sold 88 percent more than the most pessimistic ones. The study also indicated that agents in the least optimistic quarter were three times likelier to quit than agents in the most optimistic quarter. Other studies have shown that this data is consistent with findings in other business categories.
  2. The optimist with high reality testing is a gold mine. Optimism is not about fooling yourself and being all rosy; it is about seeing options to reality–i.e., being an “optionist.” That requires having a good lock on what is actually happening. To be a successful optimist, you must also have an accurate barometer on reality. If you are correct about reality, you can become an excellent “optionist.” Most people think of optimists as flaky nonrealists, which they can be if their perception of reality is distorted. If you are an optimist based in realism, you are statistically more likely to make more money.
  3. Pessimists are more accurate about reality than optimists. When good things happen, pessimists are accurate. When bad things happen, again they are accurate. For the optimist, when good things happen, they are accurate; but when bad things happen, they are less accurate. Therein lies the gift they have. Optimists think that there are more options when bad things happen. So they try different things in order to get out of a jam. Serious pessimists usually give up once they think the outcome is foretold.
  4. There is nothing wrong with being a pessimist. If your job requires high accuracy, pessimism may actually benefit you. Look out for what I explain in the next bullet before you succumb to pessimism, though.
  5. Pessimists are more likely to become depressed than their optimistic counterparts. If an optimist loses a job, it will take, on average, four to six weeks to get back into the hunt. If a pessimist loses a job, it can take three to six months before emerging to see the light.
  6. Optimists keep moving forward because they believe there are options. Pessimists don’t usually persist in the face of setbacks and can be prone to inertia. When salespeople are rejected again and again, it is the optimist who makes another phone call while the pessimist gets down in the mouth and gives up.

optimism

 

The Fix
You’re probably wondering how you go from being a pessimist to an optimist. The fix itself is simple to understand but can be difficult to execute because you’ve been practicing your explanatory style for at least a few decades now. It’s going to take a lot of dedication, a hyper-awareness of how you explain events–primarily bad ones–and a willingness to accept that maybe you are a big negative thinker who has gotten by because you keep a smile plastered on your face while predicting the end of the world. It’s time to get over that and get more out of life and work.

When bad events happen, pessimists tend to explain the calamity as:

  • Permanent –Behind on earnings: “We’re never going to hit our numbers.” The pessimist believes that he’s hit the iceberg, so the team is doomed. There is no point in problem-solving at this point, since the ship is going down anyway.
  • Pervasive –Mad at your accountant: “Accountants are such losers.” This is the tendency to explain all people or things in a category as bad if only one is bad.

A little tweak in explanatory style when bad things happen and you become an optimist:

  • Temporary –Behind on earnings: “This is a bad quarter, but next quarter we have a few things in the pipeline to make up for this quarter.” The optimist looks for options when things are bad, making the situation a temporary negative. This keeps them and others motivated.
  • Specific –Mad at your accountant: “I need to get a new accountant. This one’s not working out.” The optimist doesn’t throw all bad people and things into the same category. They are specific about who or what is bad, and then they go find a good one.

In short, you’re more pessimistic if, when something negative happens, you believe that there are no other options (permanence) or that since there is one rotten apple, all of them are rotten (pervasiveness). It doesn’t take much to see that a pessimist can get depressed in a big hurry with that kind of explanatory style. You can also see how it probably leads to inertia.

The opposite explanation style is found in optimists and pessimists when good events happen. Pessimists think that if something good happens, it’s temporary, explaining that the stars aligned perfectly and probably won’t do so again in our lifetime. On the other hand, optimists are more permanent when explaining good events. They believe that good happens because they have the right ingredients to create that positive event every time. Pessimists are specific about explaining the reason for good events, and when bad things occur, they believe it is pervasive.

It is a choice you get to make. If you don’t think you have a choice, you’re exactly right. Enjoy the misery of it all.

 

Contributor Scott Halford

21 Ways to Achieve Wealth and Success

In his book, Rich Habits — The Daily Success Habits of Wealthy Individuals, Tom Corley outlines several habits that distinguish the wealthy from the nonwealthy.

It got me to think, How many people operate on autopilot and don’t stop to monitor their everyday patterns? Below I’ve summarized 19 of his habits for success (nine culled from his book and the next 10 from his recent article in Success) plus two of my own. If you’re not actively engaged in these 21 things, you are, in effect, leaving money on the table.

Related: Conquer Stress and Master Sleep for a Richer Life

1. Setting good daily habits.

Good habits are the foundation of wealth building. The difference between successful and unsuccessful people lies in their daily habits. Simply put, successful people have many good habits and few bad ones. If you understand that your bad habits may be preventing you from becoming wealthy, that realization will be the first step in your improving your circumstances.

In his book, Corley invites you to take out a sheet of paper and list your bad habits in one column and then invert each one to place under a new column for good habits. It should look like this:

Bad Habit/Good Habit

I watch too much TV.             I limit myself to one hour of TV per day.

I don’t remember names.     I write down names and remember them.

Then for 30 days, follow the guidance of your new good habits list. You’ll be amazed at how much you can accomplish.

2. Regularly creating goals.

Successful people are goal driven. They create goals all the time. They plan their day the night before with to-do lists.

People who are headed for success think for the long term. They have daily, weekly, monthly and yearly goals. But what’s a goal without a plan to reach them? So not only do successful people have goals, they also come up with ways to achieve them and hold themselves accountable.

3. Engaging in self-improvement daily.

Successful people are always looking for ways to improve themselves. They read every day and are students of their profession. They don’t spend their time on activities that don’t bring them closer to their goals.

I recently attended an event hosted by author Brendon Burchard, who said he consistently blocks out time to create. Successful people like Burchard know that time is too valuable a commodity to waste. They spend their time on the things that will move the needle for them in their business: Being committed to self-improvement means you engage in activities every day that will stretch you.

Seek ways to expand your knowledge. This won’t always be easy, but people grow from things that pose a challenge. Once your knowledge grows, opportunities appear.

Related: Arianna Huffington’s Recipe for Success: Unplug, Renew and Recharge.

4. Regularly taking care of personal health.

Each and every day successful people make an effort to eat right and exercise. Eating right is of utmost importance. Exercising daily can become a regular habit, just like taking a bath. People who exercise routinely have more energy to get things done. How are you doing in this area?

5. Often making time for relationship building.

People who are successful are other-people focused. They take time out of their day to strengthen the bonds of friendship and form long-lasting relationships with others. Networking is something they do all the time. They reach out to their contacts and look for ways to help them with no expectation of in return.

The most beautiful sound on Earth, I once heard someone say, is your name. So make it a goal to learn the names of every contact you meet. Aren’t you impressed when someone remembers your name? I know I am. So stand out as different and start remembering names.

6. Doing things in moderation.

You live in a balanced way if you do activities in moderation. This means having a balanced approach to work, eating, exercise, consuming alcohol, watching television, surfing the Internet and so forth. As a result, people will enjoy your company. If people like being around you, then you will be more apt to collaborate or find the new business partner that you need to take your business to the next level.

Related: How Fortune 500 Leaders Spend Every Minute of the Day (Infographic)

7. Getting things done.

Don’t put off to tomorrow what you can do today: Accomplish things. All people have fears, but successful people push past them. They don’t procrastinate. They get the important things done, no matter the cost.

In Rich Habits, Corley explains that when the thought of putting off something enters the mind, immediately shed notion by saying, “Do it now.” He says repeat these words 100 times if necessary. Just don’t stop till the task is done.

8. Keeping a positive outlook.

Consider the most successful person you know. Is that person positive or negative? Most likely this individual is positive, enthusiastic, energetic and happy. This person chooses to see the good in others and in himself or herself. To this person, problems are just opportunities waiting to be uncovered.

Every day people are bombarded by news of bad deeds and doings. Successful people minimize their exposure to this type of thing and instead opt to fill their minds with positive ideas from books and magazines.

9. Regularly saving money.

According to Corley, successful individuals put away about 10 percent to 20 percent of their gross earnings in a savings, investment or retirement plan. Not everyone can afford to do so, but what percent are you putting away?

Related: 8 Money Mistakes to Avoid on Your Way to Being Wealthy 

10. Rejecting self-limiting thoughts.

Successful people command their thoughts and emotions. As soon as bad thoughts intrude, they cast out anything that challenges their ability to succeed at the task at hand. They do not dwell on negative notions. Their self-talk is positive and not overly critical. They replace bad thoughts with good ones.

Because successful people engage in self-improvement daily and are constantly involved in positive things, they don’t allow themselves time to indulge in negative emotions.

11. Living within means.

Wealthy people avoid overspending. Among many of those struggling financially, some are living above their means. They spend more than they earn, live from paycheck to paycheck and are drowning in credit-card debt. If this is you, resolve today to turn things around for you and your family.

12. Reading daily.

Many successful people read 30 minutes or more every day. Reading can increase your knowledge and know-how. When you read, often  you are seeking to improve yourself. This automatically sets you apart from your counterparts. You will stand out from the competition.

13. Limiting TV watching.

Did you know that many successful  people limit the amount their TV time to one hour or less a day? How much time do you lose in front of the television that you could be spending doing something more productive?

14. Doing more than what’s required.

Successful people regularly go above and beyond the call of duty at work. Even if something is not in their job description, they will volunteer to do it. Wealthy people make themselves invaluable. As an entrepreneur, you may not have a boss. But in what ways do you go above and beyond for your clients? How do you wow them?

Related: Smart Leaders Keep Their Ego in Check and Listen In

15. Talking less and listening more.

When you listen, you learn. And as the adage goes, that’s why people have two ears and one mouth. When you take the time to really pay attention to what another person is saying, it can truly help not only you but your bottom line as well. When you listen, you are in a better position to help others.

16. Not giving up.

Don’t give up when the going gets tough. Successful people hang in there. They pivot. They try something new. They persist. They may have to change their direction, but they keep moving forward.

17. Spending time with like-minded ones.

There’s a saying that goes, “Show me who your friends are and I’ll show you who you are.” I believe that. People are only as successful as those they choose to surround themselves with. Good associations can help you more quickly achieve your goals.

Related: What I Learned From Being a Broke, Unemployed Graduate

18. Finding a mentor.

Many people who have had a mentor have attributed their success to that person. Mentors can help you achieve your goals faster and keep you accountable. They can share valuable experience that can cut your learning time in half.

19. Knowing your why.

When you know why you’re doing something, you will get what you want quicker than if you don’t. Having a purpose is essential to being successful in business and in life. Why do you want to be successful? Why do you really want to be wealthy?

20. Not giving fear the upper hand.

Everyone has fears. Successful people don’t allow their fears to limit or define them. Fear inevitably keeps you in the same position and stunts your growth. Recognize your fears and seek ways to overcome them. Interview someone you admire and ask that person how he or she overcame a fear or pick up an autobiography and take notes.

21. Upgrading skills.

If you want to get ahead, there’s only one way to do it: Become better at something than you are today. What’s the one thing you can focus on for the next 30 days that will catapult you to rock-star status in your industry? Focus your attention on that. I heard John Lee Dumas from Entrepreneur on Fire define “FOCUS” like this: Follow one course until success. Will you?

21 Ways to Achieve Wealth and Success

Related: How Entrepreneurs Can Read to Lead