Getting to the bottom of it all.β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ

Read time: 11 min


Good morning, Achiever!

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INSPIRATION

β€œI am the product of many whose lives have touched mine, from the famous, distinguished, and powerful to the little known and the poor.”

– Dorothy Height​

MONEY: Become wealthy

The ‘Ol Sock Drawer Trick


In the old days before the internet, times so difficult it’s hard to remember what life was like, people used to have “money socks” in their drawers for saving stashes of cash for rainy days, broken appliances, kid’s college funds…you get the idea. It wasn’t always a sock mind you; it could have been a coffee tin, a pillowcase, or a good old-fashion linen bag with a big green $ on the front. The reason for filing away these Ben Franklins in various household containers was to physically separate money away for a specific purpose, not to be confused with money for bills and such.

Now we have the internet and can open up bank accounts. You can accomplish the same separation of cash much more easily and more securely buy opening up a second or third bank account. Many people do this with a savings account, which is good, but we say take it a step further and open up another account or two. These can be savings or checking accounts, as long as you use them for a specific purpose. Saving for a new car? Open a savings account and name it “Next Car” and save $50 of your monthly pay toward that goal. We are a huge fan of having an “Unplanned Expenses” fund that to contribute to a little each month.

This system allows you to be proactive instead of reactive to life. The next time you have a flat tire, medical bill, or a spur-of-the-moment trip you want to take, you’ll have the finances to handle it. Ourselves? We have a different account for “Vacation”, “Next Car”, “Unplanned Expenses”, “Mortgage/Rent”, “Spending Cash” and “Monthly Bills”. The accounts are free and they allow you to visually separate the cash instead of having $$$ in an account thinking you’re rolling in dough and forgetting most of that is going out next week because of bills.

Give yourself a big win and get a virtual savings sock.

ACHIEVERS’ ARMORY: Equip yourself with proven tools & tactics

Breaking Through Technology


Thanks to technology, social media, and smartphones, the need to speak to each other in-person has drastically decreased. We tend to email co-workers only when we need something, which results in never getting to know them on a personal level. When we gather with family or friends, we often find ourselves on our phones, seeing what other people are doing. The bottom line is that we don’t talk anymore, impacting our communication skills and relationship building capabilities.

The Icebreaker Deck is designed to prompt genuine conversation amongst co-workers, family, friends, or even strangers meeting each other for the first time. Each card in the deck contains a question designed to learn something new about the person answering it. This is a great way to build meaningful relationships and learn about the stories and experiences that made that person who they are today.

This is the perfect game to be used on game night and learn something brand new about family members and friends you have known for years. It is also ideal for team bonding, onboarding a new employee, or networking events amongst people who have just met. The Icebreaker Deck will develop and strengthen relationships that will lead to higher achievement on both a personal and professional level.

Learn more about the Icebreaker Deck and how it works by checking out their official page here.

EMOTIONAL INTELLIGENCE: Master the soft skills

The 5 Whys to Get to the Bottom of Things


Here is a problem-solving hack examined in Charles Duhigg’s book called Smarter Faster Better: The Secrets of Being Productive in Life and Business.

The idea presented in his book is that even the most complex problems have simple solutions if you ask “why” enough times. 5x to be exact. Asking “why” repeatedly will help you connect the dots and get to the root of a problem.

Suppose you find yourself getting to work late every day. Here’s how Duhigg says “why” helps you get to the solution:

  1. Why do I get to work late every day? Answer: Because I have a hard time getting out of bed.
  2. Why do I have a hard time getting out of bed? Answer: Because I dread going into work.
  3. Why don’t you like going to work? Answer: Because I don’t enjoy the job, and it does not challenge me.
  4. Why do you do this work then? Answer: Because I’ve already spent years studying the things required for this position and I’m far along in my profession even though I wouldn’t say I like it.
  5. Why does the progress matter if you don’t want to be in that industry? Answer: Because I’m afraid of admitting to my family and peers that I made a mistake, and I’m scared of starting over.

As you can see, forcing yourself to ask the “5 Whys” often provokes deeper thought and can lead to the root problem. In this example, you’re late to work because you believe you chose the wrong career. Very deep. Understanding the root problem eases finding, if not determines, the solution.

THE FIRST STEP: Seize the opportunity

Reinvention Driven By Purpose


Fast Fashion, the quick production of new styles for consumer purchase, has created a culture of consumption that has accelerated wastefulness and contributed to environmental degradation. Someone call the fashion police.

Allbirds, a sneaker company, has consistently operated with sustainability and the 7 in 10 Millennials who consider a company’s values when purchasing from them.

Allbirds make their footwear from wool, tree fibers, sugarcane, recycled plastic bottles, and castor bean oil (who knew?). Their shoes are packaged in boxes made from 90% recycled cardboard.

The company is guided by its values to do good by people and this Earth. In response to the coronavirus pandemic, Allbirds donated more than $500,000 worth of shoes to medical professionals; launched a “buy one, give one” program for customers to aid in the assistance efforts; and partnered with Strava (the company behind a popular exercising app) to donate $1, up to $50,000, to World Central Kitchen for every 5K race that participants in the initiative completed.

Allbirds is a certified B Corporation, a new kind of business model that balances purpose and profit to use business as a force for good. Their purpose-driven company forces them to address tradeoffs between sustainability and turning a profit.

What Allbirds does is working. Founders Zwillinger and Brown revealed that the brand sold 1 million pairs of wool shoes in just two years. They succeed by doing things differently.

Allbirds‘ commitment to their values demonstrates that what they do isn’t just for kicks.

SOCIAL CAPITAL: Build a powerful network

Do You Still Need Business Cards?


Over the last few years, we’ve seen content and conversations pop up about whether business cards are still relevant. We live in the digital age after all, and anything based in the paper is often labeled as out of date. Business cards may not be as important as they used to be, but they can still be a useful tool to build your network if used correctly.

First, there is really no reason not to at least have business cards available to you. If you work for a company, they will usually cover the cost of printing and delivery. If you are a business owner or have a side hustle, Vistaprint often has deals that offer 500 cards for as little as $10. Of course, the cards are useless if they gather dust on your desk. Spend a few extra dollars and get yourself a card-carrying case that fits in your pocket.

Presenting a business card to a new contact accomplishes 3 things. First, it legitimizes you as a business owner or clarifies your role within your company. Second, it provides a website for them to view and learn more than can be covered in a conversation. Lastly, they leave the conversation with a way to contact you.

There is the most significant difference between the past and the present when it comes to these cards, however. You can no longer assume that someone is going to contact you just because they have your information. Always make sure you get their card as well and that their contact information is on it. Then, reach out and make contact the next day. If they don’t remember you right away, they may look at the cards they collected and recall your conversation. We often write a sentence or two on the card to remember our conversation with them.

Business cards can still be useful, as long as they are used as a part of a detailed and proactive networking strategy.

FUN STUFF – Wednesday Word

Legerdemain

noun | lej-er-duh-MAYN

​Definition

  1. sleight of hand
  2. a display of skill and adroitness

NEWS BREAK: Stay informed

  • The EPA approved 2 Lysol products as first to effectively kill coronavirus on surfaces.
  • Walmart Inc. will introduce Walmart+, a subscription service this month to compete with Amazon.com Inc.’s Prime program. It will cost $98 a year and include perks like same-day delivery of groceries and general merchandise.
  • President Donald Trump’s niece, Mary Trump, is set to have her tell-all book published two weeks early by Simon & Schuster on July 14, amid high demand following a court battle over its release.

1% BETTER: Improve each day

Text a friend you haven’t spoken to in a while to see how they’re doing in the pandemic.