Having Fun (What Is Your 7 Iron?)

It’s time for all of us to start having fun again. We have all been caught up in the news and the turmoil of the marketplace. Some are waiting for the market to move (Just a reminder: If you’re waiting for it to move, it has and it’s moving right past you).

The definition of ‘fun’ is ‘a time or feeling of enjoyment or amusement,’ while ‘work’ is described as ‘labor, effort, exertion.’ That certainly doesn’t sound fun, but you can make what you do fun. Have fun at what you do, and the money will flow. What do you enjoy most about you career? What’s that one thing that makes you want to do it again?

Golf is a difficult game. When playing, I often hear people say, ‘I hate this game. It’s no fun.’ But then the next shot is great, and they’re saying, ‘I love this game! I’m Tiger Woods!’ You can repeat that feeling.

Remember back to when you started in your industry, that feeling you had – there was no stopping you. You were doing all the work, with no limits, and there was a twinkle in your eye. You were determined, and you felt unstoppable. Then, like in golf, you had a slice, hook, shank, and suddenly you didn’t like the game – until you got a call from someone you had been prospecting for weeks, and suddenly you are the sales master again! You can’t wait to let everyone know about your success.

When you make a great shot, you are compelled to ask everyone around you, ‘Did you see that?’ But how do you apply this to your career? Examine that day when you felt like the Tiger Woods of sales and get to the root of what made that happen. You need everyday to be that day, so don’t leave until you make that call, or go see the person you know you need to get in front of. Go find the person who can help you stay on top.

You don’t have to reinvent success. Do what works for you. That is the fun! If your 7 iron is your best club, use it more. If that’s what brings you the most success, use it more often.

Every shot isn’t going to be the perfect shot (even Tiger Woods has a bad hole or two every now and then), the key is to control your misses. Do that and you’ll be one step closer to that hole-in-one.

What is the best thing about you? In what area do you really shine? Brainstorm to discover your own personal ‘7 iron’ that can help you become the Tiger Woods in your marketplace.

Download this and other FREE Chapters at www.ManginelliGroup.com

It’s All In Your Head

When I try to think ‘big picture’ about what makes people successful in business or in life, the first and most obvious part of the ‘big picture’ to me is this: It’s all in your head!

Meaning, it’s what’s in your head that sabotages you. Our minds are powerful tools that can be used to both imprison and free us.To be successful,we have to be mentally strong enough to respond to whatever happens in a positive, pro-active way.

Mental toughness is a process. It just doesn’t happen overnight. It’s like any kind of strength training. You start out slowly, with smaller weights. You learn to pick and choose the options that work best for you, where you are.

When something terrible or unexpected happens, youmay be prone to thinking, “You know, that’s just my luck. Stuff like this always happens to me.”
Or, even when things are rolling along smoothly, you may be one of those worriers—that personwho always assumes theworstwill happen in any given situation.

Self-image is a tough thing for all of us. We all have our own insecurities, our own sense of inadequacy, even failure. And if you really just want to try to hold on to what you have, that negative self-image will always speak louder in your head than anything else. People with half your ability will accomplish more in life only because they believe better things about themselves. Their perception makes for a more successful reality.

The beginning of mental conditioning is training yourself to recognize and acknowledge the strengths you already have. Everyone says, ‘If I could just live up to my potential,’ but to be honest, I don’t buy that.We’re always looking for abilities we wish we had, rather than recognizing the gifts and skills we already have.

Why do you suppose that is?

Everybody’s afraid of what others think.When you close your eyes, that person is in your head, saying what you think they think about you (and it’s never good).We’re always afraid that someone’s going to pull the curtain back and find out we don’t know asmuch as we think we know.That somehow we’re not as accomplished, smart or successful as they are.

Even when all the talent and know-how and drive and determination is already there to succeed, just a whiff of fear will kill it before it even begins.

That’s why it’s essential to ‘retrain’ your mind to work FOR you, not against you. Train it to take the time to gain perspective, to respond, not to react.To think: ‘What are my options here?’

Whatever the situation—whether it’s personal relationship trouble or challenges in business—you always have options. Mentally, you lay it all out: What do I really want to do? What is the best way to respond to get what I want?What will be the best scenario short-term? Long term?

Each option comes with a given consequence, so you train yourself to think through those as well. Some of the consequences automatically rule out the option.

Once you narrow down the options, keeping ‘mind over matter’ means you learn to play to your best strength and go with the option you know you’ll be best at, the response that will work best for you.

If you see yourself as a person who already has the talent and skill and drive and determination to get things done…If underneath all that is a fundamental belief that you deserve to succeed in everything you work hard at…

How and where and who you envision yourself to be is how and where and who you are…and will be.

Always…
be willing to try…
be actively learning…
lead by example…
believe you add value to whatever you do…
be open…
be contagious…
Is this you? If not, begin each day retraining yourself to think, speak and act in affirming, intentional and positive ways. To change your perspective is to change your life.

Changes to Underwater Refinance Plan Going Into Effect

On October 24, 2011, President Obama announced plans to open up refinancing to more homeowners who are underwater. This proposal was a revision to the previous Home Affordable Refinance Program (HARP) and is now known as HARP 2.0.

Some of the major changes under HARP 2.0 include:

No underwater limits: Previously, borrowers whose loan-to-value limits were greater than 125 percent were ineligible to refinance. Now, borrowers can refinance no matter how far their homes have fallen in value.

Appraisals may be eliminated and underwriting relaxed for most borrowers: Being able to use this program may save time and money, and remove some of the anxiety from the refinancing process.

Deadline extended: Borrowers now have until December 31, 2013 to get refinanced under HARP 2.0.

These changes will be put into effect by Fannie Mae and Freddie Mac the week of March 19, 2012.

It’s also important to note that the HARP 2.0 Program is for loans that were secured by Fannie Mae and Freddie Mac prior to June 1, 2009.Currently, loans obtained after this date are not eligible for this program. You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites:

Give me a call or send me an email if you want to learn more about these changes. I’m always happy to answer any questions you may have!


Smile Thieves

People become what they think of themselves, good and bad.

It may sound strange to say so, but I want to talk about thieves. Not the bandit, shoplifter or pickpocket type, but the kind I like to call ‘smile thieves.’ We all know these people: You wake up happy and ready to conquer the day. You feel great, you look great. Then the smile thief appears and ruins your day with a comment like, ‘Isn’t that dress a little tight?’ or ‘What happened to your hair?’ These people rob you of your smile daily. They steal your confidence, your happiness and your zest for life on a regular basis.

Never give anyone the ability to change your day or mood. Challenges will come into your daily life and you will have to face them, but that’s different from willingly letting smile thieves wreak havoc. Often, these people are jealous of the happiness of others so they search for negatives in people like there is a reward for it.

People become what they think of themselves, good and bad. If you think of yourself as a beautiful, hard­working, successful individual and truly believe it, it will happen. If you see yourself as always struggling, living paycheck to paycheck, just getting by, that is what you will become.

You would never allow someone to reach in your pocket and steal money out of it, so why would you allow anyone to steal what is more important than money: your confidence. You have the power to make life great. If someone tries to change that with a negative comment, call them out on being a ‘smile thief.’

Whatever you do, don’t ever let anyone steal your smile.

5 or 53… It’s Easy

A smile is the most common facial expression and you can do it with as few as five pairs of facial muscles or as many as 53 (not surprisingly, it takes more effort to frown). Smiling also releases endorphins that make us feel better.

Write five affirmations that you can use each day to keep your confidence at an all time high.

The State and Art of Management

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By: Daniel Manginelli

“State of the Art.” When was the last time you heard that phrase? Maybe it was in reference to a high end electronic or a seriously attractive woman or man. However it was referenced, it’s always means ‘of the highest quality,’ which is always a good thing, isn’t it?

When it comes to business, and particularly when it comes to management, I like to stand that term on its end: There’s a state and an art to being a ‘state of the art’ manager. The challenge is having both: the ‘state,’ which is the skill set to manage, and ‘the art’ which is the natural ability to lead.

Twenty-one years ago, at the tender age of 20, I took on my first managerial role. I became a manager. Looking back, I was not only young, but I was immature. I had no idea what being a manger really meant. I was simply a high producer who got the green-light promotion, which is a standard practice to keep high producers sticking around. And I thought, “Yes! This is the next big step on the corporate ladder.”

So as many green managers do, I thought “I preformed at a high level, so I can just show my new employees what I did, and they all will be successful under my teaching.”

Big mistake. That couldn’t be further from the truth.

Each employee has a different motivation, different skills, and a different learning process. Knowing this is an essential part of ‘the state’ of being a great manager. Essential because if you plan to get the best performance out of each of your employees, you have to understand what makes them tick.

Great athletic coaches know how to get the best out of each player; they also know exactly where to put them, in what position, to get them to reach their full potential. The same applies to management.

The New Manager

There are different phases of management. The first phase is that of the new manager. The new manager takes a “positional approach.” He enjoys wielding his authority, telling people what to do. He takes pleasure in seeing the title ‘manager’ under his name. The new manager also tends to oversell what they know, attempting to add value by criticizing the jobs of others and letting everyone know how much he knows about everything in the company. The new manager spends his time focused on procedures, making organizational charts and trying to implement new policies that may or may not help his team.

Sound familiar?

The Manager As Advocate

The second phase of manager is “the advocate.” This is the stage where managers attempt to be partners with their team members. These managers often commiserate with their players, agreeing that company policies and procedures don’t make sense. They never really fix the issue. They run it up the chain of command, knowing it isn’t going to stick.

In this phase, the manager avoids confrontation and candor, using easy outs like “corporate said no” or “its company policy.”

From Manager To Leader

The third phase of management is the “value add” in business. This is the phase where you can make the transformation from manager to leader.

Each day this manager wakes up thinking ‘What can I do today to get the best from my team?’ This manager has taken the time to meet with each player on his team to find out his or her code.

Each of us has a code. The role of a great manager or leader is to de- code each employee, so he or she will WANT to perform at their highest level.

Most Americans have goals. Written or not, they have things they want to accomplish in their lives. The role of the great manager/leader is to figure out the individual strengths of his team players, to know their goals and to provide them with the tools and support they need to excel and reach those goals.

Tom Landry, legendary coach of the Dallas Cowboys, said “It is my job to get people to do what they don’t want to do, to have them achieve what they want to achieve.” Once you know the code of your employees, they will want to perform because their performance won’t be about impressing or pleasing you, it will be about reaching their own goals.

The Art of Leadership

As your quest to become a great manager continues, you should take advantage of every opportunity to learn what makes your team players tick. Always listening to what they say, looking for ‘the code.’

If you ask the right questions and really listen, they will begin to tell you what it takes to achieve their own ideas of success.

In order to be a better manager/leader, you have to first build a vision with your team that engages and motivates them. You’ll need their input to create such a vision. If they aren’t part of it, they won’t buy in. Most people need direction, not just for today, but for their future. It is your job, as a great manager to show them that direction and the plan to get there.

But before you can look outward on how to build loyalty and inspire your team, you need to look inward. Start by considering your own value to your employees. What do you bring to them each day to make them better? How is the company better with you as a manager?

After you write that list, you can begin to build a vision for your team that starts from the top down—your branch, your district, region, etc.). In my career, I have managed groups as small as five people up to a group as large as 200. The larger the group, the more challenging it is to communicate your vision effectively. You have to use every communications method at your disposal. Meetings, email, telephone… consistently and often. The quickest way to lose great employees is by not maintaining clear communication, especially when business is growing.

The vision you cast gives your entire team a sense of importance as individuals and as a unit. Everyone ‘gets’ the mission as a whole and knows his particular role. When all are working in the same direction toward a common goal, productivity will rise to new levels.

The State of Leadership

If you possess the natural ability to lead others, to inspire and motivate and set your team up for success knowing ‘their codes’ and casting a vision that they can get behind, that’s the biggest piece of the puzzle. The next question is, ‘Do you have the skill set to deliver what you say you can deliver?’

In other words, ‘Can you bring it?’

If your answer to that question is ‘Yes,’ here are seven essential skills or actions you simply must master.

1. Never ask or tell someone to do something that you wouldn’t do yourself. If it’s making calls or processing a file, you have to master that craft before you can ask others to do…. if you want their respect.

If you are a sales manager, make some cold calls in front of your employees. Not only will you get their attention and respect, but you’ll help train them for future calls. If you are just telling people what to do, they won’t respect the messenger. If they don’t respect the messenger, they won’t respect the message.

2. Recognize and reward your team. We all want to feel recognized for our performance. A simple email saying “You are doing a great job” or an ‘Employee of the Month’ certificate goes a long way. Recognizing the effort and work ethic of your team makes each one feel that you care about them as people.  Most people don’t care how much you know, they care how much you care. If you show you care, you will inspire them to perform, not because of who you are, but for you and the team.

3. Never oversell yourself or idea. You don’t have to come in letting everyone know your accomplishment, awards and victories. Trust me, people will figure out what you are all about, and a little humility goes along way. Boasting will only show insecurities. You have been put in a leadership position for a reason. There is no need to hammer home the reasons why. If you’re ‘state and the art’ they already know.

Overselling an idea is very dangerous if you are not the final decision maker. Get approval for that golden idea from the powers that be before you get your team excited. If you don’t, you will lose creditability.

4. Never sell something you don’t believe in. If you do, it will be obvious to the people who believe in you. If the company makes a change that you can’t believe in, you have to ask yourself “Is this the right thing for my people?’ and ‘Will it de-value my leadership by accepting it?’

You can’t go through life just showing up to a job if you really feel it is the wrong choice. Talk to upper management and let them know you’re feeling. Trust your instincts, and do what is right for yourself. It doesn’t matter where you are employed; people follow great leadership. You must say what you mean and mean what you say.

If you have the respect of your people, you can tell them when they are not living up to expectations. You are only hurting the employee by not evaluating a poor performance. It might sting at first, but I believe most people want to improve. They just need the plan.

Daniel J. Manginelli, III is a speaker and author of the book, “Wake Up! Jumpstart The Life You’ve Always Had In Mind” and founder/owner of The Manginelli Group (www.manginelligroup.com). As current Vice President of Retail Production at Pacific Mercantile Bank (Costa Mesa, CA | Stock Symbol: PMBC), Dan coaches and mentors thousands of sales people, while inspiring and motivating them to perform at higher levels in life. Enlightening people that no matter what you do, there is always a fun way to do it.