Why You Should Be a Mentor #MentorMonday

NOTE: I am participating in a compensated campaign to promote Pittsburgh Public Schools We Promise program. I am a strong supporter of mentoring programs, therefore all opinions remain my own. #IAmWePromise #PPSMentorsMatter

 

You Should Be a Mentor

Are you a talented, experienced professional with many life lessons learned that could be of benefit to others?  If you read my blog, my assumption is that you are.

As such, I’d like to make a strong suggestion that you should be a mentor.  Especially if you are in the Pittsburgh area.

There are a number of African American male students in the Pittsburgh Public Schools that could use advice from someone life you!

Not quite convinced?  Check out this week’s special Money #MentorMonday video for the top 3 reasons that you should become a mentor.

 

Remember All of Those Mistakes YOU Made?

When I talk with clients about financial mistakes they’ve made in their lives, I hear one statement over and over again:

[quote style="boxed"]If only I knew then what I know now”[/quote]

Here’s your opportunity to make sure that other young people don’t have to utter that statement.

 

The Media Isn’t Going To Do It

Have you watched TV lately? Our young men need to see more people like you in the flesh, because according to the media, you don’t exist.

 

Everyone Can Use a Cheerleader

When I was very young, my parents and my teachers made me feel like I was smart. I’m not sure if they were lying to me or not, but I believed it. They gave me confidence and a sense that great things were expected of me. Those feelings drive me to this day.

Spend some time mentoring a few young men and you can inspire them to do things they’ve never dreamed of.

 

Interested? Here’s the next step:

If you’ve ready to share your knowledge, expertise and encouragement with young African American males with great potential, please take a look at the Pittsburgh Public Schools’ We Promise Program, and initiative designed to ensure that these young men become eligible for the Pittsburgh Promise.

Eligibility for the Pittsburgh Promise means that these young men can obtain up to $40,000 to fund their college education.  As you can see, there’s a lot at stake.

Head over to the We Promise Program fort more information on how you can get involved.






It will be beneficial for you, and priceless for the young men.

 

M&S 001: How to Sell Anything with Jason SurfrApp

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Welcome to the first episode of the Movers&Shakers Podcast! Movers & Shakers is an interview show where you’ll learn from, you guessed it, people who are moving and shaking in business, sports, entertainment, politics, etc.

Jason SurfrApp on Mover&Shakers with Rob Wilson

In this episode, we introduce you to Jason SurfrApp. Jason is an extremely creative entrepreneur & social media expert who invented ways to sell the shirt off his back, and even his last name.

He is the creator of IWearYourShirt.com, BuyMyLastName.com and recently launched SponsorMyBook.com as a creative way to offer advertisers value as he releases his first book.

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Financial Lessons Learned for 2013 #MoneyMonday

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Have You Learned Your Lesson?

There were a number of significant events that impacted our wallets in 2013.  Here are some of the lessons that we take with us into the new year.

      1.  Diversify Your Income – The bankruptcy filing by the City of Detroit shows how dangerous it can be to rely on one employer for your entire financial future. Don’t put all of your retirement eggs in one basket.
      2. Get Comfortable With Investing – All of the major stock market indices are up more than 25% this year.  Now more than ever, you are responsible for your own retirement. You must learn how to manage and grow your assets.
      3. Commit to Lifelong Learning – You must continuously reinvent yourself to keep pace with technology and the changing economy.  As Blockbuster and Blackberry if they wished they had done the same.
      4. Take Your Health Seriously – The Obamacare rollout, and its problems, highlight just how big of a deal health care is. The thing is, 75% of healthcare expenditures are largely preventable.  Take care of your health and you will lower your costs and increase your earning potential.
      5. You Are Not Invincible – Unfortunate events can happen at any time.  Make sure that your life insurance and your important documents are in order.

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My Favorite Things 2013 #MoneyMonday

Check out the links below to find more information on my favorite things of 2013:

MAKING MORE MONEY

The stock market has done well this year!

Stock-Market-Trade

 

 

 

 

 

 

 

 

Jab, Jab, Jab Right Hook

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Get an Elite MBA for free

MoocClash

 

 

 

 

 

 

 

SAVING MONEY

MoviePass

MoviePass

 

 

 

 

 

 

 

 

 

MagicJack Plus

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Yapta

yapta

 

 

 

 

 

 

 

 

 

 

SPENDING WISELY

Google Chromecast

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COIN

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How to Keep Your Holiday Spending in Check #MoneyMonday

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How Much Will You Spend This Year?

Merry Christmas can turn in to Bah Humbug very quickly if you go overboard with your holiday gift giving.

Here are tips to help you keep your spending budget in check during this holiday shopping season.

Can you think of a gift you’ve received that meant the world to you, but cost very little?

Leave your comment below and give us some gift ideas!

Obamacare Lesson #1: Done > Perfect

You know that idea in your head?  The one that you’ve had for a few years now?  Yes, the one you tinker with every now and then on nights and weekends until other things in your life push it to the backburner.  Yeah, that one.  It’s brilliant. There’s only one problem, no one knows about it because you’re afraid to put it out there.  Let’s chat, I think I know why.

Healthcare.gov website down

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Let’s take the rollout of the Obamacare website for example. I know this is a high profile example, but stick with me for a moment. Whether you agree with the law or not (this is not a political blog), let’s just except the premise that the President and everyone else that voted for the Affordable Care Act are looking to do something significant with health care in the United States.

In fact the ACA is the most significant overhaul of health care in this country since the passage of Medicare and Medicaid in 1965! I’d call that a huge undertaking.

Whenever you are trying to make a big dream come true there are bound to be bumps in the road. The Obamacare website rollout is a great example of this. The site has been plagued in the early going by connectivity and other technical issues. So much so that the website itself has prompted a few days of Congressional hearings on the subject!

However, if I was in the position of the POTUS or Kathleen Sebelius I would simply have offered one principle that would be politically unpopular (and that the media would have a field day with), but one that every serious entrepreneur or business person knows is absolutely vital to the successful deployment of their big ideas:

Done > Perfect

doneisbetterthanperfect_6-20a-01

That’s right, your idea is far more valuable if you simply get a MVP out the door (tech speak for minimally viable product) so that you have a starting point to work from. You could always put off, delay, tweak, research, revise, alter, change or any number of things that only serve to validate your fear of making a mistake or things not working or looking exactly right the first time.

I’m always astonished by the number of people that haven’t started their business yet because they haven’t found the “perfect” name for their product or a great logo. Seriously?

People like this think that Apple magically dreamed up the iPhone and iPad and went on to sell millions of units and make billions of dollars.  However, these people either have short memories or aren’t students of business.  They fail to remember the Apple Newton that was a colossal failure in the marketplace and what was supposed to be its killer feature, handwriting recognition, became the butt of jokes in newspapers around the country.

newton-pen

 

But let me ask you something, who do you think had the last laugh?

I know that it’s extremely uncomfortable for you to put yourself in the position of being publicly sconred like Katherine Sebelius just for trying to bring something of value to the world. It hurts even worse when the resistance to your ideas is coming from people whose opinion you care about.

But I’ve got two little words that will help you blow the lid off of any negative feedback you’re getting about putting your idea out there:

“Beta Test”

My first job after completing my Industrial Engineering degree at the University of Pittsburgh was as a technology consultant at Deloitte Consulting, one of the largest professional services firms in the world. I participated on a number of information technology projects for large organizations, and it was there that I learned the value of the beta test.

A beta test occurs when you’ve tested your product internally and you release it to a (usually limited) number of end users so that the product can function in the real world and you can continue to make improvements. Do you use Gmail? Google released its popular email product in 2004 and it remained in “beta test” phase for 5 whole years, even though it racked up more than 100 million accounts during that time.

Google is the second most valuable technology company on the planet, right behind the aforementioned Apple.  I think it would be ok to learn from them.

gmail_beta

So, if you take the idea that you’ve been trying to get out of your head, get it to a point where it’s functional and release a “beta version” to the world, you not only put yourself in a position to help people and begin to reap the benefits of your hard work, you also put the smack-down on any resistance because the “beta” label acknowledges that, while the product should work as intended, you are still working to improve your product.

The Administration would have done itself a favor if it had released the product in “beta” and/or conducted a phased rollout, as I would have advised them if they were my client.  But who knows, perhaps $174 million doesn’t get you as much quality consulting as it used to (I really should have upped my rates).

I mean, health care hasn’t changed for the better in 50 years.  You don’t think people can wait two months for kinks to be worked out in the system?

Do Yourself a Favor

Do yourself a favor and stop waiting for the perfect time, logo, name, website, wordpress theme, customer, partner, mascot or whatever else has been holding you back.  Those things will come in time. Get over your fear of not having a blockbuster right out of the gate.  Reid Hoffman, founder of LinkedIn famously said, “If you’re not somewhat embarrassed by your 1.0 product launch, then you’ve released too late.” There’s value in launching early, getting engaged with customers, and learning from them. That can direct your progress.

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Oh, and please don’t try to weasel out of this method by saying that you’re not working on a software or internet product.  It doesn’t matter if you are becoming a plumber or you are designing t-shirts.  Put something out there slap “beta” or “version 1.0″ on it and keep moving.  Said another way:

“You don’t have to be GREAT to get STARTED, but you do have to START in order to be GREAT” – Les Brown

So it’s time for you to get started.  I can’t wait to see what you have up your sleeve.


 

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How to Overcome the Top 5 Financial Fears #MoneyMonday

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What Are You Afraid Of?

Freddy Kreuger. Public speaking. There are a lot of things we can be afraid of, but money isn’t one of them.

Are you currently dealing with any of these fears?

1. Losing your job
2. Running out of money
3. Something happening to you
4. Caring for your parents
5. Failure

Watch this week’s episode of #MoneyMonday to find out how to face and ultimately overcome these fears.

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TWITTER: http://www.twitter.com/robwilsontv

Obamacare Explained in 6 Minutes #MoneyMonday

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Are You Ready For Health Care Reform?

Whether you like it or not, the Affordable Care Act is here, for the time being.

Check out this episode of #MoneyMonday and you’ll come away with the things you need to know about “Obamacare” and how it might affect you…all in six minutes.

How to Get Paid What You’re Worth #MoneyMonday

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Are You Ready To Finally Get Paid What You’re Worth?

It sure would be nice if there was a “fairy job mother” who would come down and leave significant salary increases for us each year. Sadly, no such thing exists.

If you want to make more money at your job (don’t all employees?) then you are going to need a plan.

Check out this episode of #MoneyMonday and you’ll come away with the process and tools necessary to significantly increase your salary at your next review.

MoneyMonday – Financial Advice for Newlyweds

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‘Til Debt Do Us Part?

Sure, your vows said “For Richer or Poorer”, but I’d rather you avoid the poorer part if possible.

Check out this week’s #MoneyMonday for tips on financial things you can do both before and after your big day to give yourself a better chance at marital bliss.

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