Blog




Advice For Life | Atlanta's Financial Planning Blog


Sometimes You Should Retreat Before Pressing On

Wednesday, February 01, 2017 Bookmark and Share

Before modern military tactics were developed, it was common for the General to move to an elevated position to observe the battle. Typically, soldiers fighting face-to-face with their enemy were so focused on survival that they lacked perspective on whether they were winning or losing until the battle was over. The General’s view, however, prompted adjustments to increase the likelihood of victory.  



What’s Your Mindset For The Future?

Thursday, December 10, 2015

by Land Bridgers



2015 was CERTAINLY a year of growth.

We added 14 new advisors to the Brain Trust, grew our assets under management to almost $4 billion, and watched our members experience many personal and professional successes. I’m so proud to be a part of this group!


On a personal note, it was amazing to me to see how much my kids have grown. My 10 year old, Caitlin, is almost my height and now wears a bigger size shoe than my wife. My 8 year old, Britain, hit a growth spurt and is turning in to quite the basketball player. Daddy’s Girls are maturing; asking for and seeking more independence every day.


On a professional note, I was at a networking event recently and they were talking about having a Fixed mindset versus a Growth mindset. I found the conversation fascinating. Here’s how it works:


A Fixed mindset states that intelligence is static; where a Growth mindset believes intelligence is always being developed and increasing.



With this conclusion, it’s apparent that our mindset affects how we handle situations.


Try finishing the following sentences:


A Fixed mindset leads to a desire to look smart and therefore a tendency to…


A Growth mindset leads to a desire to learn and therefore a tendency to…


Here’s a quick overview of how Fixed vs. Growth mindset folks handle things:


CHALLENGES

Fixed mindset avoids challenges vs. Growth mindset embraces challenges


OBSTACLES

Fixed mindset gets defensive, gives up, and blames others vs. Growth mindset persist in the face of setbacks


EFFORT

Fixed mindset sees effort as fruitless or worse vs. Growth mindset sees effort as the path to mastery


CRITICISM

Fixed mindset ignores useful negative feedback vs. Growth mindset learns from criticism


SUCCESS OF OTHERS

Fixed mindset is threatened by the success of others vs. Growth mindset finds lessons and inspiration in the success of others


Our Consortium is built with a Growth mindset, and we look for new members with Growth mindsets. We even say, “You don’t have to be growing your practice, but we ask that you keep growing as a professional.” We face challenges and obstacles (think: constantly changing regulatory world) objectively, work hard, and are open to feedback. Most importantly—and what I love the best about our Consortium—is that we learn from each other. Every day we have the opportunity to seek inspiration and encouragement from the people around us.


Here’s the takeaway:


A Fixed mindset’s end result is plateauing early and achieving less than their full potential. A Growth mindset is always reaching for ever-higher levels of achievement and reaching their full potential.


As the year ends, it’s important to review it. What were your successes? Failures? Take stock and learn!


Even more important: what’s your mindset for the future?


Wishing you Growth in 2016!


Tracking #1-446208


Photo Credit








Never Miss A Post


Search


Recent Posts


Tags

Retreat 2014 Small Business Michael Stone College Funding Nest Egg How To Save Divorce Five Star Wealth Managers Boomerang Kids Women 401(k) New Members Advisor Talk Atlanta Journal Constitution Land Bridgers Dimensional Funds Advisors Investing Taxes Estate Planning Mark Smith Hank Cleare Stock Market Distribution Planning Social Security High Frequency Trading Retirement Thanksgiving Join Us Identity Theft Wealth Horizons Mosaic Capital Management Investors Top Workplace 2015 Financial Planning Relationship Basics Financial Outlook Atlanta Financial Planner David Gaynes Retreat 2017 Investors Almanac Conferences DFA Veteran's Days Holiday Gift List LPL Financial Jerrí Hewett Independent Financial Planners Photo Gallery IRA Consumer Debt Bull Market Mike Irvin Company Culture Business Owners Wall Street Josh Donley Aging In Place Doctors Lounge Video Retreat 2016 Gaynes Capital Management Retirement Planning Trent Adams Kids Angela Rehkop Ethical Wills LPL Advisors Small Business Saturday Relationships Economic Commentary Favorite Things Wills Vacation Legacy Planning Bonnie Whyte Karen Lee and Associates Searcy, Weems-Scott & Associates Karen Lee National Aging In Place Council Father's Day Jerri Hewett Miller Connie Weems Scott Consortium 2013 Taxes Eugene Fama Al Searcy Long Term Care Integrated Financial Group The Brain Trust Advisors Berlin Candy Bomber Insurance Investment Planning Top 25 Atlanta Financial Planning and Advisory Firms Mother's Day Don Patrick Denny Roodman Per Stirpes Financial Strategies Group Risk Management Women Investors Health Care Brain Trust Financial Goals Sandra Salem Toys For Tots David Crew Morris Shank Joe Gunther USMC Steve Callaham Milestone Investment Management Election Mickey Stokes Taper Travel

Archive








TOP 25 FIRM
2004-2016

Chosen as one of Atlanta’s
Top 25 Financial Planning & Advisory Firms
based on assets under advisement.


RANKED #4 SMALL COMPANY TO WORK FOR IN ATLANTA





Copyright ©
Integrated Financial Group. All Rights Reserved.

DISCLOSURE: Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Advisory Services may be offered through LPL Financial, a registered investment advisor or IFG Advisory, LLC, a registered investment advisor. Integrated Financial Group and IFG Advisory, LLC are separate entities from LPL Financial. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact business with residents of the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, DC, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, Wisconsin.