The New Normal for a Successful Mindset
What is the new normal for a successful mindset? The pandemic has forced us to think differently and to quickly adapt to changes we would have previously considered very unlikely. It is not good luck, rather a strong and responsible leadership ethic of any company fully prepared to change to a Work-from-home scenario when the Corona Virus hit.
The New Normal Mindset #1 – We are Chasing Technology
Technology is ahead of where we think it actually is. The learning curve of human beings has been overtaken by technology in the past couple of years, but due to exponential growth, it is now getting uncomfortable for some of us to accept. If we give credence to the fact technology is going to get a lot smarter than most humans, we need to learn how to utilize technology to apply it to our needs. When the steam machine took over muscles and hard men’s work, engineers utilized that power and used it to their advantage.
The New Normal Mindset #2 – Flexibility is the Ultimate Perk
When the pandemic hit the world, our leaders were unclear how to handle it and the Nation’s population were forced to make decisions based on trial and error. There was less stability in our daily lives and confusion about what and who we could trust and rely upon. As human beings thrive on routine and security, we are accustomed to a world where we need not take unnecessary risk. Now that the world around us is constantly changing, flexibility has become the new golden thread which guides us through the uncertainties. Flexibility keeps our thought processes agile and without realizing it, or perhaps even believing it, moves us forward.
The New Normal Mindset #3 – Be a Futurist
Technology, business methodologies, environmental challenges, Work-Life-Balance, it comes down to building a system around oneself. The assistance and guidance of one’s career, family and friends influence one’s personal success and even their downfall. Each of us needs to be a futurist by both looking forward to where we want to be in 10 years and looking back to where we were 10 years ago. Mostly likely any person would say they have changed quite a bit in the last decade, so we need to embrace the idea that change will continue to occur in the world and in our personal lives. Therefore, live in the present but think like a futurist!
The New Normal Mindset #4 – Create Change
Many of us would accurately describe the last year in words of despair, sorrow, anxiety and anger. Conversely, change may be the best word to describe the year 2020. We must learn from the past to understand that change has always been how our world and environment evolves. Change is necessary and constant. Just as a gardener switches out the crops he grows with the changing seasons, we must be adaptable to change in order to survive. If we ethically use technology to our advantage, allow flexibility in our positive goals and look to the future with adaptability, we will not only survive, we will each be part of making the world a better place.
We hope you enjoyed this article about the new normal for a successful mindset. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Considerately yours,
GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services.
Alan L. Olsen, CPA, Wikipedia Bio
Are You Defining Items in QuickBooks Correctly?
[vc_row][vc_column][vc_column_text] Create item records in QuickBooks carefully, and QuickBooks will return the favor by running useful, accurate reports. Figure 1: Clearly-defined items result in precise reports. Obviously, you’re using QuickBooks because you buy and/or sell products and/or services. You want to know at least weekly — if not daily — what’s selling and what’s…
Saving Money for College: Education Credits
Saving Money for College: Education Credits Education credits are tax credits available for qualified education expenses paid by the taxpayer in the furthering of their education. Qualified education expenses are defined as an expense paid during the tax year for tuition and fees required by an eligible educational institution for student enrollment and attendance. Room…
Thinking About Giving up Your U.S. Citizenship? Think Twice
Thinking About Giving up Your U.S. Citizenship? Think Twice While not a lot of people ever entertain the thought of giving up their U.S. citizenship, there are more people every year that are making that choice. Among them are several wealthier people whose main reason for renouncing is to escape the country’s overloaded tax system;…
Health Care For Senior Citizens – Understanding Medicare!
Health Care For Senior Citizens – Understanding Medicare! By Dennis Wolfe In America having health care cost protection (also known as medical insurance) is not a right. Neither is it a right to access health care services. Health care services in strict economic definitions are simply services for which we consumers pay fees. As consumers…