Author Archives: Craig Bailey

A Voluntary Tax – Willingly Paid?!?

Would you pay a voluntary tax? One that the government doesn’t even “require.”

Many do, each and every week. What is this voluntary tax?

It also goes by the sexy phrase: “playing the lotto.”

For financially independent gamers with nothing better to do with their money, go for it! For those who are not financially independent, here is another step (among others outlined in this blog) you can take towards achieving this very reasonable, goal.

STOP!

Consider the cost of this little, insignificant expense. Let’s say we were to play the lottery (or scratch tickets) ONLY once per week (I know, others play more) and we ONLY spend $5 (I know, others spend more) the annualized cost of this would be $260, making the cost over 10 years a whopping $2,600.

To be sure, someone always wins the “jackpot.” However, it is often the worst thing that could have happened to that person.  Check out this article on “Why Lottery Winners Crash After A Big Win.” Some might say “I’d love to have those problems.”

In all forms of gambling, the odds are heavily stacked against us. The house always wins!

Want true success and “riches”? Take the money being spent on the lottery and invest in books and audio programs as part of a continuous improvement program. And, get to work! If you keep at it, for a sufficient amount of time, you can have (virtually) anything (maybe not everything) you desire.

In the words of Forrest Gump, “That’s all I have to say about that” 🙂

Moving On Up – The Toughest Job Transition

Early on in my career I learned that the toughest job transition for people to make is from individual contributor to team lead or supervisor. Fortunately, I didn’t experience major problems during my transitions on the way “up the ladder” because I had numerous mentors and solid training. I did, however, witness a number of crash and burns along the way.

More recently…Listening to my boys discuss their experiences it seems that retail establishments (where they’ve worked) have a MAJOR challenge in this regard. I’ve heard so many accounts of store managers who seem to have zero training in supervising or managing people. The outcome is that employee morale is poor (at best) and the performance of the business suffers greatly.

The key point is realizing that what made someone successful in their individual contributor role is NOT necessarily what will make them successful as a team lead, supervisor or manager. Certainly their domain knowledge is important. But, there is so much more to successfully leading people!

If you would like to effectively make the transition from individual contributor to supervisor (and beyond) which results in receiving more pay / more responsibilities, read on. And, managers, if you’d like to effectively bring someone “up the ladder” and/or improve the performance of your team, your coaching and setting an example in the areas outlined below will be extremely beneficial to all concerned!

Following are success principles for anyone in the position of leading people:

  • Keep pride out of the way:
    • Consider your employees team members and NOT subordinates.
    • Treat team members as if they are working “with you” and not “for you.”
  • Replicate yourself by training team members to be able to do your job.
  • Information (withheld) is NOT power. Sharing (appropriate) information is extremely powerful.
  • Delegate, delegate, delegate – not just work, but “appropriate levels of” authority.
  • Don’t be a “know it all.” Listen to your team members. Ask for their input. They are your “sensors” with keen insight in terms of what is working, what is not working and what customers are saying.
  • Realize that “What you do speaks so loudly that I can’t hear what you are saying.” Said another way, don’t ask team members to do anything you aren’t willing to do (or aren’t demonstrating) yourself.
  • Don’t be a “fault finder.” Your team members can make you look good (very good) if you coach, counsel and build them up. Yes, there will be situations warranting “corrective guidance.” Balance this by frequently “catching them doing something right!”
  • When team members come to you with a question or problem ask them what they think the appropriate course of action is. If/when their approach is off track guide them to the correct path.
  • As the leader it is YOUR responsibility to ensure team members understand what you communicate. To ensure understanding (of particularly important information) ask team members to repeat back what you just said, in their own words, to make sure “they got it.”

Numerous books and training courses are available on leading people. You are encouraged to seek out and devour these. To get started, a foundational “must read” is a book previously recommended. If you’ve not yet read this book (this year) you are encouraged to do so (again) as it will make a big / HUGE difference in your career and life!

HTWFAIF

In future posts I may add to, or expand upon, the above principles. It all depends on the next “story” I hear from one of my boys 🙂

Tech Savvy Kid – Builds Own Computer!

Shortly after publishing “Tech Savvy Kids – Teach Dad a Valuable Lesson” our son (Evan, 17) completed the build of his own computer. Unlike the science fair or Cub Scout projects when the kids were younger, I had no hand in this one 🙂

After doing online research and funding became available (from his job) he began ordering the individual parts from newegg. Then, the anticipation began, as he awaited the arrival of the UPS and Fedex trucks in front of our house. Finally, after several days of shipments he had all the components. On the day the final part (the case) was scheduled for delivery he had to work a 3pm to 10pm shift. Prior to departing for work he said, “When I get home I am going to work on building that computer and won’t sleep until it is up and running.

He apparently was able to get to bed just after 2am. And, while our bedroom is just across the hall from his, we heard no crashing, banging or hollering as he went through the trial and error process of putting it all together by following the YouTube instruction video from newegg and referencing the manuals that came with the individual parts.

After the build was complete he realized the only thing he had forgotten was a wireless network card. To get connected he quickly figured out how to slave the new rocket off his MacBook, as a temporary workaround to gain Internet access (which turns out to be quite reasonably fast)…

I can no longer say that our household is 100% Mac, as he built a Windows-based machine. However, with the high performance components he acquired the thing boots up in less than 15 seconds! Hopefully he will be able to maintain that performance level as he loads it up over time and with use.

When asked when he’d acquire MS Office he had a great response: “I’ll just use Google Docs.

In case you weren’t aware Google offers FREE MS Office equivalent and compatible software! So, he hasn’t gone all the way back to the dark side after-all 🙂

Because he “did it himself” he learned a great deal in the process and his new rocket cost hundreds less than if he were to have acquired the computer pre-built and fully burdened (I mean loaded) with MS software.

One smart kid 🙂