Finding the True Power of Motivation

Motivation; Lifestyle and Financial Management

Is Motivation Aptitude Superior to Scholastic Aptitude?

This article has been updated since originally posted.  What does it mean to be truly motivated and how far can being motivated really push a person? The saying goes, “where there’s a will there’s a way”, and in so many instances that mantra has proven correct, even things that have seemed impossible at first. Even people in less than advantageous circumstances can achieve great successes when they find and harness the true power of motivation.

REED WILCOX KNOWS MOTIVATION

This topic has been discussed with many interview guests on our weekly radio show American Dreams, including Reed Wilcox, a man who truly understands the power of motivation. Reed currently serves as the president of Southern Virginia University (SVU). Before beginning his tenure at SVU, he served as co-founder and chief development officer of Clene Nanomedicine, a science-based company with proprietary technology integrating nanotechnology, advanced materials science, plasma physics, and biotechnology. He is also the former partner and director of The Boston Consulting Group (BCG), a leading global professional firm. He is currently on the company’s board of directors. Reed also co-founded General Resonance, LLC, the parent company of Clene, and currently serves on that company’s board as well.

MOTIVATION BREEDS SUCCESS

In discussing motivation, Reed explained he has found this quality to be much more important than high school records or grades. “There are lots of kids that just don’t get traction until maybe their junior year and there are lots of kids, on the other hand, that have done very well with an athletic program for example or a music program, or something they really cared about.” Reed said that these kids have shown that they can really do something when they’re motivated even though they weren’t particularly motivated about high school. “What we look for are kids who show they have motivation. So, we think about it sort of as a motivational aptitude rather than a scholastic aptitude. It’s like a MAT: Motivational Aptitude Test, if you will, rather than SAT or in addition to an SAT.”

READY AND MOTIVATED TO LEARN

Many students do excel in school because that’s where they have demonstrated their motivation, however Reed made it clear that Southern Virginia University will also accept kids who have demonstrated a strong work ethic in other areas, i.e. a job they worked to support their family which can result in difficulties focusing on school work. He recounted a story of one student from Liberia who grew up in the inner city of Baltimore. This young man had never learned academic skills because he was taking care of his family. “We took him in and taught him how to learn. He is going to graduate this year with honors. He was motivated and he knew how to work and discipline himself. We’re looking for kids where there’s more diversity in terms of high school grades. But when they come to SVU they learn how to learn.”

THE MOTIVED DOERS SUCCEED

Reed pointed out his experience has taught him that when it comes to being successful, it’s not necessarily the kids who are the top scholars who have the most success. “What’s consistently true is the kids who are doers succeed; the kids who were motivated succeed. That’s what we look for. That’s what we do.”

We hope you enjoyed this article about finding the true power of motivation.  If you have any questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us at Info@GROCO.com or visit www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.

 

Posted in
Tips for the Self Employed in Avoiding an IRS Audit

Tips for the Self Employed in Avoiding an IRS Audit

Tips for the Self Employed in Avoiding an IRS Audit If you are self-employed, the chance that you have of being selected for an IRS audit will be closer to your ballpark. The IRS looks for red flags that when processing tax returns, targeting individuals to potentially audit. Self-employment is a flag in itself as…

5 Steps to Becoming a Millionaire

5 Steps to Becoming a Millionaire

5 Steps to Becoming a Millionaire In 2011, the number of households in the United States worth over $1 million was 8.6 million. Although the thought of acquiring a million dollars may be a whimsical fantasy for some, it is not out of reach. With careful saving and investing, becoming a millionaire is possible if…

Ten Questions That You Should Ask Prior to Purchasing a Stock

Ten Questions That You Should Ask Prior to Purchasing a Stock

1. How does the company make money? The first thing that you should understand is how the company earns money. Just because everyone else is buying the stock and the price has run up tremendously does not mean that you should also be jumping on the bandwagon. I suggest that you review the annual report…

Effective Uses of Trusts in Estate & Gift Tax Planning

Effective Uses of Trusts in Estate & Gift Tax Planning

Effective Uses of Trusts in Estate & Gift Tax Planning Function of Estates An estate is a legal entity that originates upon the death of an individual. An estate is set up to administer all legal affairs of the decedent to be settled and to distribute the assets owned by the decedent. Once all estate…