Monday, November 30th, 2015

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The Importance of Good Advice

Advice can be a tricky thing—whether we are giving, or receiving, it. We often seek out advice from others, but, how many of us actually follow it, is questionable. While reading the July 6, 2009 issue of Forbes magazine, I was reminded of how important advice can be. The issue focused on various influential leaders and the life- and career-changing advice they received.

Lloyd Blankfein, Chairman and CEO of Goldman Sachs, discussed the importance of learning the opinions of others first and how to carry yourself under stress. Mika Brzezinski, co host of MSNBC’s “Morning Joe with Joe Scarborough” found that using failure to motivate yourself can really change the course of your career in a positive way. It is obvious that all of these leaders kept their minds open and their vision clear to accept and use advice to create positive change in their lives.

Some of the other advice that various industry leaders noted include: set realistic goals; be effective, not popular; hire a coach; make a strong first impression; keep it simple; and listen. These may seem like simple, straightforward pieces of advice that we have heard since birth, but when you hear the advice from a trusted source and commit yourself to living that advice, real success can happen. The way you choose to carry yourself in the world and handle obstacles can have a real impact on how far you get in the professional world.

To a certain degree, notions like keeping it simple and setting realistic goals may seem counterintuitive in a world filled with intense competition with millions vying for a spot at the top, but these simple words of advice really can impact who you become and the influence you may have on others. Look at the advice you have received regarding your goals. Do they make sense to what you want to achieve? Do they help you attain the success you desire and still allow for a sense of balance and well being in your life? Think about the simple words of advice noted by the industry leaders and evaluate your own goals. Do you refine your goals often to match your success? Have you let failure stop you from achieving a goal?

When you start to evaluate your goals and really look at what mentors and other leaders tell you, you may begin to realize that there is something very big in what feels like simple advice. The Forbes article included a resource section called “What Price Advice?” that details the various resources available to people who are looking to enlist counsel regarding their goals. It notes that even in a recession, the advice business, which includes coaches, psychologists, lawyers, and consultants, is a booming business. Now more than ever people understand the importance of good advice.

November Life Coach Contest

Are you looking for some free advice? Enter the Young Money/Life Coach Contest and win a free hour long session. For our November contest, please answer the question: “What was the best advice you were given to achieve your goals?”

Email your answer to Laura@corelifedesign.com and she will choose one random winner.

The winner will receive a 60 minute coaching session from Life and Career Coach, Laura Tirello of Core Life Design. The session will be conducted by telephone at a time agreed upon by the winner. The session will focus on an area in the client’s personal or professional life in which they are seeking improvement. The client will be coached through their particular issue and given tools that may help them continue to create successful outcomes in their personal and/or professional life. The winner will also receive an email summary of the session from Laura Tirello.

You have until December 1 to enter. Winners will be notified by email by December 5. Include a working email address with your answer.

*YoungMoney.com reserves the right to publish your answer. You may request to be kept anonymous.

Do you like answering questions? Check out the Young Money Challenge. After completing the quick quiz enter your email for a deals, coupons, discounts, offers and cash!

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