Risk Aversion and the Importance of Stepping Out of Your Comfort Zone: Part One

If you’re like me, you’ve probably heard some conflicting descriptors of Millennials. Some will say how creative, relational, and connected they are. Others will marvel at the emphasis they put on the meaning of their work, and not just the work itself. Millennials ask themselves: Is what I’m doing purposeful? How is it making a difference? What am I passionate about? Great stuff!

On the opposite end of the spectrum, however, you’ll hear educators, mentors, employers, and other leaders talk about Millennials’ apparent fear of what others think. Many people in this age group do not raise their hand in class, be the first to answer a question, or speak up when they have a differing opinion about something. There seems to be an irrational fear of being ridiculed, getting an answer wrong, or looking dumb. Or, increasingly, saying something that’s not PC!

Related, we hear many stories about how Millennials crave feedback. But, only if it’s positive! Even gently given constructive feedback is difficult for them to take. Generalizations, for sure, but we hear this constantly.

Also, many are struggling to land (and keep) jobs. Fresh out of college, they’re picky and finicky when it comes to finding work. I’ve heard too many stories of young adults choosing to live in their parents’ basements rather than taking a job that’s beneath them or imperfect in other ways.

What it all comes down to is risk aversion. Many young people today are simply unwilling to take risks with uncertain outcomes. Why so? Are they afraid of failing? Afraid of looking silly in front of their friends? Is there such an expectation of perfection in appearance and performance that didn’t used to exist? Is political correctness and hypersensitivity causing them to hesitate?

Elements of risk aversion and fear of failure can be witnessed in all areas of life. Here are some examples:

  • We focus too much on what others might think in our quest for belonging. This doesn’t lead to a good quality of life, as living in other people’s heads will make us anxious, hesitant, hypersensitive, and exhausted.
  • We fear “messing up” our resume. When we’re unemployed, taking a job that may not align with our college major or desired career goals will not look bad on our resume. Having a long gap in employment history WILL. It’s okay to start at the bottom (EVEN WITH A COLLEGE DEGREE) and work your way up. We all did it.
  • We’re insecure. This applies not only to appearance, but also about strengths, weaknesses, personality traits, and more. Those lacking in self confidence often struggle to accept themselves for who they really are. We must learn to love and appreciate ourselves and our uniqueness before we can truly become successful.
  • We let pride get in the way by always needing to be right. People with this mindset generally need high odds of success before they will participate in anything. This is what I call “perfectionist syndrome” and it leads to prideful, resentful, hesitant, and generally unsuccessful outcomes. Not surprisingly, these people tend to struggle in team settings.
  • We may be raised by helicoptering, performance-driven, or abusive parents. These forms of parenting inhibit children from trying new things and thinking for themselves.

 

As young people embark on life as an adult, the risks may seem extraordinarily high. However, so are the stakes. That’s why they need to learn to overcome their fears, hesitation, and insecurity, and simply go for it.

Next week, we’ll offer some ideas on how to overcome our fears and DO THIS!

 

 

3 Tips to Preserve Your (Precious) Reputation

 What is a prized possession you can never get back once you lose it?

The answer is your reputation.

At some point in your life, your values will be challenged and possibly even ridiculed by others. It’s crucial to talk about this now, with the beginning of the college school year upon us. Why? It’s especially common in the years after high to face situations that test your values, integrity, and ability to stand up to peer pressure. It can be a difficult time for many young people with all of this newfound independence (and adversity!).

Will you have the moral courage to withstand the pressure and take the high ground, even if it means you may lose an opportunity or a friendship in the process?

 I was fortunate to have worked with George Russell, the Chairman Emeritus of Russell Investments. He always took pride in saying, “Our company operates with non-negotiable integrity.” He meant it. George always said, “If you’re wondering whether or not to do something, ask how you would feel if it became tomorrow’s headline in the New York Times. Enough said.

Sadly, you can see how poor choices have destroyed the reputations and lives of countless people in the sports, entertainment, political, and business world. Since many of them were heroes to impressionable kids, their missteps have even greater consequence. Unfortunately, we’ve all seen how the loss of trust and respect can ruin lives and relationships.  That’s why I came up with this list that we can apply to our own lives and reputations. Here are three tips to help you hold on to your values and keep your reputation upstanding:

  1. Avoid the “gray area.” It can be tempting to take shortcuts. We’ve all been there. But if you are not 100 percent positive that something is right, ethical, or in line with your values…then just don’t do it.
  2. Surround yourself with people that uplift you, understand you, and make you want to be your best self. If you find yourself comparing, striving, and doing things out of the ordinary in order to fit in, then they probably aren’t “your people.”
  3. Always tell the truth—even white lies can be detrimental to your reputation. It may sound cliché, but honesty is ALWAYS the best policy.

No matter what you do, preserve your integrity, values, and reputation with every ounce of strength you can muster. You will absolutely, positively, and totally regret it if you don’t!

How have you handled situations where you were asked or tempted to compromise your integrity?  Have you shared the story with the young people in your life? Your positive example will encourage them in their own struggles, especially as they embark into adulthood and life after high school.

Crisis Decision Making 101

It used to be that when I was upset, I either made a rash decision or said something I would later regret. I remember having to go back and clean up my messes or apologize for saying something out-of-line. Being impulsive in the heat of the moment never worked in my favor.

I may have learned it the hard way, but eventually I figured it out. The fact is, we don’t think as clearly when we’re in a highly emotional state (whether we are feeling angry, frustrated, overwhelmed, etc.). There’s too much distraction and we don’t think objectively. Today, if I’m upset and need to make a decision, I make a tentative one, but (where possible) wait until the following morning to confirm it. Generally, it proves to be a better decision because my thinking is clearer and more objective the next day. Often, with the perspective from time and reflection, I change my decision for the better.

Why do we tend to make poor choices when we’re under stress? It’s because of our physiology—that’s right, it’s how we’re wired. But we can learn to compensate.

Being in a stressful situation messes with our brain—and can impair our decision-making capabilities.  A new study shows that in a crisis (or even what feels like a crisis), the brain tends to focus on reward, and ignore the possible negative consequences of a decision. That’s why “feel good” decisions like eating what we shouldn’t, blowing off steam by losing our temper, giving in to peer pressure, or making a rash purchase we can’t afford are more likely to happen when we’re stressed-out.

Even worse, not only does stress make us focus on the ‘feel good” aspect of a risky decision or behavior, it impairs our ability to think about the negative consequences. (Frankly, I’d say that’s a pretty good recipe for potential stupidity, don’t you?)

When you’re in this situation, hold off until the following morning if you can, or at least defer it until you’ve settled down and can think clearly. Ask for more time if you need it. Learn to recognize and release your stress.  Here are 3 quick tips to help unwind and cool you down:

  1. Reach out to your support system. You don’t have to go through hard moments alone. Their wise counsel and perspectives can help immensely.
  2. The endorphin rush you get from exercise will up your mood and help chase away the blues.
  3. Practice conscious breathing and relaxation techniques. Meditate, pray, do yoga, or all of the above. Connect your mind, body, and spirit for a holistic de-stressing.

Also, think about the things that make for good decisions and force yourself to follow them. You’ll be glad you did!

Have you noticed that your decision-making improves when you’re not in an emotional state? Which young people in your life can benefit from this lesson when facing stressful situations?

Take Responsibility; Don’t Dodge It

 

“If you could kick the person in the pants responsible
for most of your trouble, you wouldn’t sit for a month.”

~Theodore Roosevelt

 Ah, the blame game. We’ve all played it. Most of the time, it simply doesn’t feel good to accept responsibility when we’ve fallen short, so we cast the blame on others (e.g., “If my teacher wasn’t so rude, I wouldn’t have failed the class.” “I know I got a speeding ticket, but my friend made me late!” “My teammates cost us the win.”).

However, we’re all human, so we make mistakes.  Every single one of us. Sometimes those mistakes are completely innocent and happen by accident, and sometimes they stem from a bad decision, a character flaw, or selfish motives. But no matter what, mistakes and shortfalls are part of life. While no one keeps track, they number well into the thousands in a lifetime. That being the case, one has to wonder why it’s so difficult for us to admit our mistakes and accept responsibility.

Is it because the words “I’m sorry” don’t come easily? In such cases, it’s sometimes easier (and feels less shameful) to blame others and make excuses. Our pride gets in the way.

Or, maybe we fear how others will react. For people who have been victims of abuse, this is a natural response.

Is there a better way to handle our mistakes?

People who are prone to blame others first are actually reflecting their own insecurities. Implicitly, they assume their relationships can’t withstand an acknowledgement of a mistake or shortfall. However, it’s a false assumption, especially since most people appreciate it when someone admits a mistake and asks for forgiveness.

When you make a mistake or your best efforts fall short of the goal, you can do one of two things:

  1. You can TAKE responsibility, apologize if appropriate, do what you can to make things right, and commit to doing better the next time around.
  2. You can DODGE responsibility, blame someone else (or the circumstances), and walk away from the situation – leaving others (and yourself!) with the problem you created.

Choice #1 will gain you the respect of your family, peers, and colleagues and help you learn from your mistake. It’s an act of integrity. Choice #2, on the other hand, will damage your reputation and deprive you of a valuable opportunity for personal growth.

Refusing to own up to our shortfalls creates a blind spot in our lives—one that might cause us to miss out on great opportunities to learn and grow! That professor who was “biased” against you? She could have turned out to be a great tutor. The coach you were convinced benched you every game because “he didn’t like you?” He could have been a great trainer and helped you up your game. That “jealous” classmate? She could have helped you become a better friend.

The long and short of it is this: Accepting responsibility is a hallmark of a true leader and a sign of maturity. The next time you’re tempted to blame first, swallow your pride and admit that you fell short. You’ll be respected and admired by others when you do… and you might be surprised by the grace they extend to you in return!

Do you find it difficult to admit your mistakes and accept that you aren’t perfect? Why? How do you develop the value of taking responsibility for mistakes in your teens or students?

Take Charge of Your Worries

Have you ever noticed that some people are chronic worriers, while others seem to calmly take things in stride? I’ve often wondered how hard life must be for the worrying types. They face the same uncertainties as more easygoing types, but somehow manage to focus on what could go wrong or how something may potentially negatively affect them. It shows up in their stress level, appearance, disposition, and encounters with almost everyone.

Very early in life, I decided to minimize worry because it rarely did me any good. I noticed that the more I worried, the more difficult life seemed. I learned to adopt a phrase my mom always said: “Don’t sweat the small stuff.” I realized that things generally worked out fine anyway, and even when they didn’t, I somehow managed to deal with them (and build a little humility and resilience in the process!). The best approach is to focus on the things I can control.

If you have a tendency to worry (as in, “what if he/she won’t like my gift?!?”), I encourage you to reflect on the following questions:

  • How often have your worries actually been justified (i.e., when the bad news DID happen)?
  • If things didn’t work out, did you still deal with them well and grow as a person?
  • Can you remember what you worried about a year ago?
  • What do you tend to worry about and why? Can you instead channel these worries into a productive plan to achieve a good outcome?
  • What can you do to worry less and trust yourself more?

In addition to asking yourself these questions, you can also follow these tips to help you slow down, relax, and focus on the positive and constructive instead of the negative and hypothetical:

  • Accept the fact that uncertainty is a normal part of life..We can’t always know the outcome of a situation before we enter it!
  • Even if your life has been filled with challenges, try to take each opportunity with a fresh start. Keep an open mind and try to avoid jumping to conclusions.
  • Surround yourself with positive people who are uplifting and encouraging. And, by all means, take advantage of the wisdom and care from your friends and family.
  • Set aside a “quiet time” for yourself every day, especially when you’re going through a challenging time or decision. Use this time to reflect, meditate, and think about the things that may be bothering you. When you make this a regular habit, you will notice you spend less time throughout the day distracted by worrisome thoughts.

Every one of us will go through challenges and worries. In fact, our greatest character growth comes from enduring trials, which often prove to be for our own good (even if it’s hard to fathom at the time). So if you’re a worrier, do yourself (and those around you) a favor: take charge of your worries rather than letting them take charge of you!

“Worry never robs tomorrow of its sorrow, it only saps today of its joy.” –Leo Buscaglia

 In uncertain situations, do you tend to worry a lot? What steps can you take to worry less and trust more? What tips and tricks have worked for you?

 

 

5 Benefits of Gratefulness That Will Surprise You

Thanksgiving is here! It’s one of my favorite holidays, not just because I enjoy the delicious turkey, stuffing (seriously, mine is the best!), pumpkin pie, and spending time with loved ones, but because of something deeper. Thanksgiving gives me the chance to slow down and do a self-check—an opportunity to look in my heart and ask myself, Am I grateful?  Do I practice an “others first” way of life? Would others, especially my kids, even notice?

Most of us would like to think of ourselves as grateful people…but how often are we, really? It’s easy to let the business of life and the pressing desire for MORE STUFF get in the way.

Gratitude is the simple attitude (and act) of showing appreciation and thankfulness. It doesn’t take a lot of our time or effort to be thankful, but it holds incredible benefits for both the one expressing it and the person (or people) receiving it. In fact, there are many benefits of a grateful heart. Some of them may surprise you!

  1. Just 15 minutes a day of focusing on the things you are grateful for will boost your body’s antibodies and contribute to a strengthened immune system. This means that a more thankful, appreciative heart and mind will make for a healthier body!
  2. Thankful people are more focused mentally, and therefore measurably less vulnerable to clinical depression. To reap this benefit, consider keeping a daily thankfulness journal and jot down the things you are appreciative of that day.
  3. Gratitude induces a physiological state of mind called “resonance,” often associated with healthier blood pressure and heart rate. In fact, recent studies have shown that people who participate in “gratitude practices” go to the doctor less often. Now, that’s a win!
  4. Thankfulness can help you relax both physically and mentally. Focus on what you are grateful for to help minimize the stressors in your life!
  5. Gratitude benefits your relationships. For example, being grateful creates more positive interactions with your spouse, partner, children, friends, and colleagues. When positive interactions (compliments, expressions of gratitude, encouragement, etc.) greatly outweigh the negative ones (sarcasm, disagreements, criticism), a relationship becomes stronger and more fulfilling. And, memo to all of you in supervisory roles: appreciation and recognition are the most powerful motivators of a workforce! Money isn’t even close.

Thankful people make the people around them happier, too, and ultimately attract more friends and opportunities as a result. This Thanksgiving season, let’s commit to taking on some “gratitude practices.” Watch how it positively affects you and others!

Happy Thanksgiving!

Humility Over Pride

The general election is just days away! Things always get pretty crazy during this week every four years—lots of promises made, reflections on presidents of the past, inflammatory rants on social media pages—the list goes on. As I think about what a new president will mean for our future, I also find myself thinking about history, and something I think we are all looking for right now: a little bit of humility.

No matter what political party you are affiliated with (if any), I think we can all agree that Abraham Lincoln was a pretty remarkable man.  Despite his humble beginnings, he accomplished some incredible things (beginning the process of ending slavery, maintaining the union during the Civil War, and setting an example of integrity and wisdom). I wish we had more role models like him today.

One of my own role models during my long investment career was a colleague named Ernie Ankrim, a brilliant financial thinker who became the chief market strategist where I worked. However, as smart a strategist as he was, Ernie was equally gifted in public speaking.

Everyone admired how Ernie shared his insights with such humor and wit. He was the total package and audiences could never get enough of him. (It was painful to follow him!) Yet, despite all of his accolades, Ernie is the one of the most humble people I’ve ever met. If anyone had bragging rights it was Ernie, yet he was always the first to give others the credit.

Ernie’s humility has had an enormous impact on my life and my behavior. Whenever I’ve been acknowledged for a good work or some success, I often think, “How would Ernie respond?” My answer is always the same. First and foremost, I owe my success to others.

Abe Lincoln had a similar philosophy. He famously said, “What kills a skunk is the publicity it gives itself.”

As you travel along your life journey, you’ll have many proud achievements along the way. And you know what?  They’ll likely speak for themselves. You won’t have to toot your own horn to get people to notice you.

Here are three tips to help you become more humble (and I think we can all hope our presidential nominees will apply these to their lives as well!):

  1. Ask for feedback from others. Instead of insisting you’re always right (or your way is the only way), consider asking others for feedback on your performance (what went well and where can I up my game?). They may offer some insight you never would have thought of yourself!
  2. Understand that adversity can be preparation for greater things. Setbacks are a part of life, unfortunately. Humility allows you to accept these obstacles without the fear of failure, to dust yourself off, and start again.
  3. Confront your negative opinions of others. Do you have any deep-rooted prejudices? Chances are, you’re too proud to admit it. It’s important to recognize these (for example, negative views on certain people groups, etc.), and then make the effort to listen and learn with an open mind.

 

And, when successes come your way, rejoice and be grateful to those who helped make it happen. Your acknowledgement of others first, before you give yourself a pat on the back, will be greatly admired and will set you up as a leader of integrity.

When you do something great, is your first instinct to give yourself the credit or others who have helped make you the person you are today? Who comes to mind as someone you would like to thank or give credit?

The Value of Values: Part 3

What do you value most in life? Is it your collector’s hot rod? Your job? Your beach house? Your iPhone? Or, is it something less tangible, like integrity, family togetherness, spirituality, respect, or serving others? Hopefully, it’s one of the latter.

In case you’ve missed it, we’ve been talking a lot about values around here lately, and stressing the importance of instilling strong values in the young people we parent, coach, mentor, and teach. As ethics, morals, manners, and values have become de-emphasized in the public square, political arena, entertainment industry, and corporate boardrooms, we’re witnessing a downward slide in our nation’s character. When character is disregarded or devalued, relativism, “meism,” and chaos fills the vacuum. There’s just no getting around it.

In this last part in our series, I’d like to discuss three more elemental values that are instrumental in creating virtuous and admirable character. Upholding (and believing in) these values not only benefits the upholder, but also his or her family, friends, employer, classmates, coworkers, and beyond. By restoring our societal commitment to character and values, it would truly be a world changer.

  1. Patience. Have you ever lost your patience while waiting in an endless line, or dealing with a finicky customer? Have you ever thrown out some not-so-nice hand gestures in a fit of road rage? Or, how about when you throw a tantrum with your family or friends when things don’t go your way or people disappoint you? The fact is, losing your patience usually does more harm than good in almost every situation. Learning to be patient in all circumstances makes us more pleasant people to be around and allows us to handle stressful situations and conflict in a more level-headed manner. Taking a deep breath and counting to 20 before responding is wise medicine. After all, today’s impatience is often tomorrow’s apology.
  2. Courage. Do you handle tough situations with bravery, or are you more inclined to backing down or withdrawing? Of course, there’s a time and a place for walking away, but sometimes, courage is key. Courage means never letting your fears drive your life, and instead, stepping out of your comfort zone and always doing the right thing and standing up for yourself (respectfully), no matter how un-cool it may seem.
  3. Self-control. This is likely a tough one for many of us. Self-control can be related to our outward behavior (for example, how we impulsively react when we are annoyed or angry), as well as our internal motivations (for example, our relationship with food). When you practice self control, it means that you are able to manage your impulses and respond to temptation in a way that benefits yourself and others. Instead of reacting in the heat of the moment, you’re able to reel yourself in and think about your choices before you actually make them. This is a big one, friends. Consider taking a moment to self-check and see if there are any areas where you could use greater self control.

In case you missed the last two parts in this series, you can catch up on them here and here. For our comprehensive positive traits and values list, click here. We encourage you to discuss them with your families and students as a great self-awareness project. Which ones are we modeling well? Where could we up our game? Are any of them outdated? What others might you add to the list?

Thank you for being a part of this series! Have a great school year!

The Value of Values

“Without ethical culture, there is no salvation for humanity.”

-Albert Einstein

I think that we can all agree there are a lot of things we (society as a whole). . . well. . . disagree on. These days, so many topics feel “unsafe” to talk about because they can be polarizing and controversial (politics and religion, especially). Everyone seems to have a different idea about the right way to vote, the right way to worship, what things should and should not be illegal…the list goes on. Although it can be difficult to work through differences with others, I think diversity is one of the things that makes our country so wonderful.

However, I’d like to talk about something that we can all agree on. Even when politics and religion and other controversial topics are set aside, I believe there are some common values that are (at least should be) at the foundation of our society. These are values that we as parents, educators, mentors, and coaches should be instilling within the hearts and minds of the young people we work with. These are values that make us productive employees, loving spouses, attentive parents, successful students, loyal friends, and contributing members of society.

Although this list is not exhaustive, I’d like to share a bit about some non-negotiable values that we should esteem highly, not only in our own character, but also in the young people we influence.

  • Integrity— When you are a person of integrity, you adhere to ethical character, follow through with your word and always tell the truth, no matter what.. You may not always be liked or loved, but you must always be trusted. To that end, we like to challenge people to only say neutral or positive things about someone who is not present. If everyone adhered to this, it’d literally change the world! Of all the values, I think this one is the most important.
  • Kindness—This is exemplified by the Golden Rule: “Treat others the way you want to be treated.” Who can argue with that? When we operate with kindness, we use words that encourage and uplift and actively seek out ways to help others.
  • Authenticity—Be the real you! With all the peer pressure to fit in, this one can be tough for young people. There is nothing more liberating than living freely as your true, authentic self, without the hindrance of masks or facades. A good rule of thumb is that if you have to change who you are or compromise your values to be accepted by someone or some group, they’re not worth your time. You’ll never become sustainable friends anyway.
  • Respect: This involves showing honor, regard, and consideration toward others. We’ve all been taught (or should have been!) to respect our elders and people in authority, but this applies equally to everyone we’re around. Of all of the values, I think this one is being diminished to the greatest extent, both with adults and with the younger generation. While many pay lip service to tolerance, their behavior is decidedly in
  • Personal motivation/self-discipline—Without personal motivation and self-discipline, we would never be successful at our careers (or school)! By staying committed to performing well, being reliable, and having high standards, your productivity will skyrocket and your reputation will soar. Strive to live up to the motto: on time, every time, with excellence.

How would you rate yourself on these values? Consider using this as a self-check, and take a moment to see how you’re doing in these areas. Are there areas for improvement? Remember, humility and a willingness to change and grow is an important value in and of itself.  Share this post with the young people in your life and encourage them to do the same.

If you’d like to read more about the values we consider to be of utmost importance, check out this values checklist we’ve compiled. Or, stay tuned for next week when we will share more values from our list and talk about how valuable values really are.

Avoid College De-Railers for Optimum Success

The United States has a respectable college enrollment rate—in fact, it’s whopping 70 percent. We can be proud of that. But here’s a startling fact: more than 30 percent of those students will drop out after their first year. That means one third of the people who start on their post-secondary education don’t make it to their sophomore year. We should be concerned about that.

What do these statistics tell us? I interpret it this way: Our society does a great job of encouraging young people to enroll in college or university after high school. It’s of high importance, or else so many people wouldn’t choose this path. However, somewhere, somehow, something is going awry. Are students not receiving the preparation they need to succeed at independent living? Is the “college or bust” message dissuading students from better fitting alternatives? Is school too expensive? Do students feel unimportant and unvalued in their larger classes (small fish in a big pond effect)? Are students making choices that derail their educational career?

It’s likely a combination of all of the above, but today I want to talk about choices—specifically, those that prematurely end college careers. Derailers come in many forms, so we encourage you to discuss these with your student(s) before they land on campus:

  1. So much freedom, so soon! Although academics and a future career are the core reasons for attending college, other (more) appealing activities abound! Use your newfound freedom to become a wise manager of your time and priorities. Sure, it’s great to stay up as late as you want,, but remember the choices you make with your recent autonomy will affect your class attendance, your overall academic experience, and even your financial aid package. Put simply: Don’t skip class! Similarly, be wise when making your social, recreational, and activity choices. The party scene and all it’s trappings can easily be the beginning of a very slippery slope. Remember, studies are the top priority—your “job” so to speak. The rest is frosting on the cake.

 

  1. Financial irresponsibility. I’ll never forget what it felt like to check my bank account when I was in college. It wasn’t unheard of to only have 50, 25, or even 10 dollars in there. Frivolous spending on unnecessary eating-out, coffee, clothes, or entertainment could have seriously de-railed my entire college education. If you’re in a similar boat, keep your end goal in mind to help you curb the temptation to spend. Remember, if you save now and focus on school, you’ll reap the benefits later. Budgeting and self discipline make all the difference.

 

  1. Poor study habits. College is harder and more competitive than high school. There are longer papers, more intense exams, and higher expectations. Discipline and focus are key if you want to succeed (and make it to graduation!). Manage your time wisely, create a study planner, and don’t participate in “extra” activities until all of your homework and studying are complete. (If you’re looking for more advice on creating good study disciplines, we devote an entire chapter to it in What I Wish I Knew at 18. You can buy the book here.)

 

  1. Surrounding yourself with the wrong people. It’s crucial that you surround yourself with positive influences during this time in your life. Hanging out with the wrong crowd can hinder your success in a variety of ways (and just because you’re not in high school anymore doesn’t mean you’re immune to peer-pressure!). Creating lasting friendships with like-minded people can take time and effort, so be patient and know you may need to put yourself in new environments in order to make new friends. Think “positivity” in everything you do and everyone you are with!

I hope this advice—coming from someone not too far removed from the college experience—can help you prepare your student for what’s ahead. And, if you need one more statistic to show what’s at stake, I’ll leave you with this: college dropouts make one million dollars less over the span of their careers than individuals with degrees!*

Success in college comes from knowing what to do and what de-railers to avoid. By discussing these before the fact, we can improve our graduation rates and the futures of our next generation.

*Source: “The Economic Value of College Majors,” by Georgetown University Center on Education and The Workforce. https://cew.georgetown.edu/wp-content/uploads/Exec-Summary-web-B.pdf