Can Good Business Principles Make Us Better Parents?

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I know what you’re probably thinking. “Has Dennis gone off his rocker? Business and parenting? Are you kidding me?”

But, stay with me on this. I think you’ll be pleasantly surprised.

As most of you know, I had incredible business experience for some 30 years before founding LifeSmart. Throughout most of it, I worked for a hugely successful company, Russell Investments, that was awarded “Best Place to Work” any number of times. And, I spent 27 years evaluating organizations and leaders—researching and observing the best and brightest. I learned their best practices and applied them to the best of my ability when managing my employees.

During this period, I also became a father of two kids who are as different as day and night—that would be Michael and Lauren. After some time, I realized that what I learned in the business arena could be applied to my parenting… and, what I learned in my parenting could be applied to my management!

So, here goes—six successful business strategies to help you become a better parent!

  1. Adopt a goal orientation: We all achieve more when we set goals. Whether it’s a five-year strategic plan or a daily to-do list, our goals give us focus, direction, and a target to hit. They help keep us motivated, too. And, so it goes with parenting. What if we were to set goals for our parenting? For our families? And, to encourage our children to be consistent goal setters? No doubt about it, we’ll accomplish more. You can find a sample Parenting Mission Statement here which helps us develop family goals: Parenting Mission Statement. So, be as strategic as you can and don’t let the day-to-day busyness keep you from achieving your longer-term goals.

  2. Utilize effective motivational techniques: Whether we’re in the management or parenting realms, we notice that some people are self motivated while others need a little nudge. Researchers have discovered that among the top motivators of a workforce are being: 1) appreciated and recognized, 2) invited into and involved in decisions, and 3) understood by their “boss.” And, so it goes with parenting a teenager, doesn’t it? We regularly hear complaints from teens that their parents: 1) seem to stress their performance rather than the person they are, 2) make all the decisions or minimize their input, and 3) don’t listen to or try to understand them and their world. The parallels are striking, aren’t they?

  3. Empower rather than micromanage: Most of us loathe having controlling supervisors who hover, nag, interfere, and manipulate. We feel disrespected, devalued, disempowered, and distrusted, and rightfully so. And, so it goes with the helicopter parent who employs these same micromanagement tendencies with their teens. Isn’t it interesting that we detest it when it happens to us at work, yet we can fall into this same trap when we parent? But, when we adopt an empowering parenting style, our teens will develop greater self confidence and decision-making skills.

  4. Promote high standards and strong character: As managers, we certainly want our employees to perform. And yet, the most successful leaders stress the importance of upholding high standards of excellence, including strong character and ethical behavior. Qualities like integrity, dependability, initiative, team-mindedness, positivity, self control, work ethic, and resilience are telltale signs of excellent employees. So, when it comes to parenting, let’s remember to honor the great character traits and behaviors in our children, not just their outcomes. It will serve them well in all aspects of life.

  5. Engage in effective collaboration: In today’s more relational workplace, teamwork is highly valued. Being able to work effectively with others with different skills, styles, and backgrounds in a harmonious way produces happier workers and better outcomes. The same is true of families who value one another, work together on family projects and chores, and invest in their relationships. While the teen years can bring extra relationship challenges when children express greater independence (and sometimes appear to devalue their parents’ input), it nonetheless is helpful to reinforce the “family as team” whenever possible. One team, one dream, does pay off.

  6. Commit to continuous improvement: As the world has become more competitive, companies are managing their personnel more intensively. Nowadays, we have to deliver excellent performance just to keep our jobs. So, it’s not surprising that employees who are committed to continuously improve their skills through training, etc. are best positioned to succeed. And, so it goes with our children. By building a growth mindset and a love of learning and self improvement in our children, parents can prepare them for the demands of the real world and help them fulfill their dreams. So, encourage your children to seize those opportunities to sharpen their body, mind, and spirit. It’s huge.

So, taking a page from the business management playbook can actually help in our parenting and pay dividends, too. Give it a try and let us know how it goes.

To better parenting.

 

Happy Mother’s Day from LifeSmart to You!

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Moms of teens, tweens, and little ones; this week’s message is for you! We hope you enjoyed your Mother’s Day with your family and loved ones, and we’d like to continue the celebration by officially honoring you for all of your hard work, dedication, selflessness, energy, and time. Today, we recognize the countless hours you spent helping your child prepare for spelling tests, the time spent helping complete college apps and FAFSA forms, the endless trips you’ve taken shuttling to school, games, events, and study sessions, the thousands of lunches you’ve made, the untold hours healing bruises, illnesses, and wounded spirits, and the million other ways you’ve invested in your children, the next generation. Thank you!

How we raise our kids today will impact them and the world around them for the rest of their lives. After all, we are not only raising children; we’re raising future adults. Putting in your due diligence by modeling and teaching important values such as integrity, resilience, honesty, good work ethic, and kindness, will help your kids thrive in adulthood. It will help them create stronger, healthier relationships, be successful in their careers, and generally have a higher happiness quotient. Why? All because of the foundation you’re laying for them now.

At LifeSmart, we are committed to equipping the next generation to thrive, just like you, moms (and dads)! That’s why it’s so important that parents, educators, and mentors are equipped with tools to help the children they’re guiding successfully launch with confidence. Our goal is to help them hone in on crucial leadership and life skills so young people can excel in independent life, college, career, and beyond.

Parents play an indispensable role in preparing the next generation.  What they do is not easy; in fact, it’s probably one of the hardest jobs in the world. Moms, today we’re looking at you. And we’re here to help support you.

Doesn’t it feel like navigating the world of parenting, especially teens, is tricky? Teens can be completely unpredictable! Some days they burst in the door from school, dying to talk to you, but the next moment they’re moody and aloof! Some days it feels like they won’t stop asking you for things, but then the next moment they completely shut you out. And, sometimes it’s difficult to know when or how to communicate with them, especially when you’re adjusting to your new role as “chief encourager.”Dropping off your recent high school graduate at the freshman dormitory is the beginning of a new chapter for both of you. And for moms especially, it’s fraught with mixed feelings.

Today, as we wrap up a week focused on our appreciation for moms, all of us at LifeSmart want to acknowledge all the different ways that parenting can pull your heart in a million different directions. With that, moms, here are three encouraging tidbits as you begin your new year:

  • When times are difficult or you feel stretched, it’s okay to focus on you. Self-care is one of the most important steps in being a good parent, spouse, and friend. As the dynamic of your life changes while your children become more independent, you may have more time to do the things that YOU want to do. Consider igniting an old passion, picking up a new hobby, and remembering all the things that make you, YOU outside of your role as mom.
  • In the season of “launch time,” find a community of parents who are in the same stage of life. How are they coping? What are they doing to ensure a successful launch for themselves, too? How are they planning for their next chapter? Surrounding yourself with other people who are also parenting older teens will help you feel understood, encouraged, and inspired. YOU DO NOT HAVE TO DO THIS ALONE.
  • Remember, while moving from driver’s seat to passenger’s seat can be hard, you’re gaining a relationship with your new adult, not losing a child! Even though allowing your teen to begin making their own life choices can be a scary thought, they will always have you as an ally. You will forever be their biggest cheerleader and friend. No matter what, you will always be one of the most important voices in their life.

 

Happy Mother’s Day from all of us at LifeSmart. Where would we be without you?

Suffering from Senioritis? We Can Help!

If you are a senior (as in high school), a parent of a senior, or a teacher of seniors,

then this week’s message is for you!

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se·nior·i·tis noun \ˌsē-nyər-ˈī-təs\: an ebbing of motivation and effort by school seniors as evidenced by tardiness, absences, and lower grades.

Sound familiar? I know at this stage in my senior year I had the worst case of it! It’s likely most of us did. After all, we were on the homestretch, and most of us had made our college or career decisions by now. So, it was pretty easy to rationalize slacking off at school. But, decades later (and hopefully wiser), I can now look back with a different perspective… and challenge this year’s high school seniors to do better than I did!

Why? Because what seniors are currently experiencing is a preview of things to come, and it pays to develop smart habits beforehand. They’ll find themselves in many situations in college and career in which finishing strong after a long and arduous effort will make or break their success (For example: thesis papers in college, landing a big client at your new firm, building your own start-up, applying to grad school, etc.). As time goes on, the stakes only get higher, and none of us want our efforts to go to waste!

In What I Wish I Knew at 18: Life Lessons for the Road Ahead, I describe 109 life success secrets of honorable and successful leaders. One of my pointers, “Plan, Practice, and Persevere to Succeed,” is a true hallmark of admired people. The perfect illustration was the US Olympic Hockey team’s win over the USSR in what is considered the greatest upset in sporting history. (If you haven’t seen the movie Miracle, it’s a must!) US coach Herb Brooks was relentless to the very end, and his rookie team of collegiates delivered.

Yes, there’s a reason I brought up this long-forgotten-to-many hockey story (two reasons, actually). One, is this tremendous victory could only have occurred through careful planning, tons of practice, and dogged perseverance through adversity. Second, the victors knew how to finish strong and never let up. Can you see any parallels with a student’s high school career?

Successful people are committed planners. They set high, but achievable goals that are measurable. They accomplish great things because their goals instill motivation and focus. Encourage your seniors to compare their daily productivity with and without a “to do” list and they’ll soon see what I mean. Trust me, they’ll be setting lots of goals in college and career! It can only help.

However, goals can only be achieved through practice, discipline and effort. If college is your student’s next step, this involves developing great study habits. College academics are much more rigorous and the competition is tougher. My 3.8 high school GPA quickly became a 2.85 in my freshman year of college! Finally, I figured it out and would later become Valedictorian of my MBA program at the UW. Same brain, different study habits! I devote an entire chapter of my book to this study method so that readers can adjust easier than I did.

Finally, we all need to persevere through adversity (including the apathy that comes with senioritis!). This can involve physical, emotional, and mental challenges that affect our outlook and performance. Everyone experiences it, but the question is how we weather it—will we keep the faith, believe in ourselves, and grow from it through relentless determination? Or, will we slow down right before the finish line and allow someone to pass us from behind?

Your teen is about to enter the most amazing six months of change in his or her life. They will be saying, “Hello” to their future with more freedom and responsibility than they’ve ever experienced.

High school seniors: This is your time! With planning, practice, perseverance, and patience, you’ll knock it out of the park. It’s there for the taking. Our world needs exactly what you have to offer. And, we can’t wait to see you soar.

 

Best wishes and blessings!

 

 

 

 

 

 

 

 

 

 

 

The Changing Relationship Dynamic Between Parents and Teens

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Over the coming weeks and months, many things will change for parents of graduating high school seniors. They’ll see their children less, miss out on beloved traditions or quality time, or feel like they have lost their sense of purpose. (Can any empty nesters relate?) However, for many parents of teens, their biggest struggle is loss of influence—imagined or real.

During the season of raising teens and young adults, our children are increasingly listening to voices other than their parents. They hear opinions, advice, constructive criticism, and more, from their friends, social media, teachers/professors, acquaintances, celebrities in the media, etc. Although they’re not necessarily cutting ties or rejecting what you say as their parent, it can feel that way. In fact, many times what may be perceived as a rejection is more a re-negotiation of the former parent-child relationship.

In my work at LifeSmart, I enjoy talking with parents of teens and young adults. More than anything, parents are lamenting that their kids are not listening to them as before or are rejecting their advice or opinions. Whether it happened gradually or suddenly, it can be a rude awakening for parents who were never prepared for this! To a person, they long for the days when their kids were more docile, their homes were more peaceful, and everyone seemed to be on the same page.

And, then we remember we were there, too. But, now in our role as parent, we wonder what to do.

Instead of perceiving this season as rejection, I encourage parents to see it as their teen saying, “Hey, I’m almost a grown-up, give me some more credit!” or “Let me figure this one out on my own.” Or, “I’m gaining some new perspectives that we can chat about sometime.” Whether we’re talking about curfews or communication, dating or homework, or politics or religion, we need to avoid burning our bridges. And, we need to accept that they’re growing into their own person. Just like you did.

If you are a parent of a teen, please, continue reading! This is your golden opportunity. If you recognize and react to this new reality with trust (and they handle it well), you can build an even greater, and more sustainable, platform for parental influence and relationship in your teen’s life. It’s your chance to create a new, mutually trusting and mature relationship that can be a source of great benefit and joy to you both in the future.

But, you need to take the lead.

Here are a few ways you can help develop this new relationship dynamic:

  • Adopt a communication strategy that is more “share with” than “talk to.” Be a safe place for them to share their views.
  • Include your teen in decisions you would otherwise make without their feedback.
  • Ask them to help you plan events, outings, family get-togethers, parties, etc. Take their opinions and suggestions into consideration.
  • If your teen is asking for more freedom (for example, a later curfew), consider giving it, but with added responsibility (e.g., an additional chore).
  • Ask your teen out to coffee or to the place they open up most.
  • Share with your teen about current topics or articles that are relevant today or will be after they leave home.

Be encouraged. Statistics support the idea that, despite appearances to the contrary, parents are still the number one influencers in a young person’s life. The majority of teenagers report that they have values and general beliefs similar to their parents and consider their parents as being highly significant in their lives (despite what their own parents may perceive at the time!).

When all is said and done, here is something we can guarantee: your children will make some not-so-great choices throughout their adolescent years, but they will also make some wonderful ones. They will stumble and make great strides. Sometimes, they’ll want you to pick them up, dust them off, and set them straight again. Other times, they’ll prefer you keep your distance and let them handle it on their own.

If you have the benefit of other positive, encouraging, and healthy voices in your child’s life (coaches, mentors, relatives, teachers), you’ll be able to approach the launch with a greater sense of peace. He or she will be more prepared for the real world, where we all have to sort the good voices from the bad. Hopefully, with the benefit of the right modeling, they’ll surround themselves with the good.

It’s all part of the journey to adulthood. Just remember, no matter how tough the going gets, your child does value what you think, even if they may not always show it. And, trust me, if your relationship is solid, one day you’ll realize that more of your words sunk in than you ever imagined. Just as it was meant to be.

Parenting “To-Do’s” for Parents of High School Seniors: April

daytime-girls-graduation-901964 (1).jpgParents of high school seniors: Now that we are already in the middle of April, it’s a good time to start talking about their looming transition from high school to college or career). Few transitions bring as much joy, tears, and anxiety to parents as when their children leave home and begin life on their own. In many ways, this milestone is a parent’s defining moment. How will they do? Have we prepared them well? How will we adjust? In what ways will our relationships change?  It’s a big deal—almost as big for parents as it is for students!

At this time, it’s important to keep in mind the big picture. Our fundamental goal when raising children is training self-confident future adults with strong character, ready to fulfill their dreams and purpose. Practically and emotionally, we must move from the driver’s seat to the passenger seat… and eventually, to the back seat. Easier said than done for some of us, right?

Since April is the beginning of the crucial months leading up to “launch time,” a strategic parent will make the most of these final months, creating lasting memories and position ALL parties for a successful launch. Here are some practical, ground-level pieces of advice for parents in this season:

  • Remember to keep in mind what your teen needs from you at this very moment: Unconditional love, belief and encouragement, practical wisdom, affirmation of their value, and a healthy relationship built on understanding and trust. Be an open door to them and communicate realistic expectations.
  • Meet your teen where they are. It’s most likely that your teen is pretty reluctant to sit down in the living room with you, sip on a cup of tea, and open up for a deep conversation. For them, a meaningful conversation is more likely to happen at their favorite coffee shop, in the car, in the kitchen cooking, on their favorite hike etc. But remember—don’t force it. Let them be in the mood to talk.
  • Treat them as the adult they soon will be. No Facebook posts that “my baby is leaving!”  Remember your goal of building self-sufficiency and independence. Also, be sure to incorporate any chores they’ll need to be doing on their own, if you haven’t already.
  • Pick up a copy of Parenting for the Launch. It will provide you with an in-depth discussion of what to expect as you transition into the next season of parenting, and also pro tips on how you can equip your teen with the skills he or she needs for success in adulthood.
  • Finally, be on guard for putting all of your identity in your role as mother or father. Too many parents do and have extreme difficulty in letting go… especially, when they face an empty nest. Parents, you’re more than a mom or dad, you’ve done your best, and now it’s up to your child to fulfill his/her dreams as an adult—with you on the sidelines as their chief encourager.

For many universities, April is decision time. This is a HUGE deal, and you and your teen will probably be (or already are) monitoring the mailbox like a hawk. This month may involve follow-up visits or further phone calls to help finalize the decision. Depending on how close of a call it is, you and your student may be over-the-moon excited, or horribly stressed!  For this, we recommend family discussions of the pros and cons of the realistic finalists, but that the teen makes the final selection.

Given the stress involved in this decision, it may be timely for stress management to be the topic of the month. It’s a heavy topic, but a crucial one. Statistics are showing high dropout rates after the first year of college, worsening college completion rates, and skyrocketing incidences of anxiety, depression, and visits to mental health clinics on campus. This is the big picture, and it will help your teen to understand the context behind this important topic.

Throughout the rest of this month, consider initiating conversations and experiences with your teen that will help them learn to better manage stress, avoid being overly anxious, and stay confident in themselves and their decisions. Although it may seem “idealistic,” these skills will help equip your teens to thrive in his/her next step.

Unintended Consequences of Parenting Styles

The greatest gifts you can give your children are the roots of responsibility

and the wings of independence.

~Denis Waitley

Parents: I think all of us can agree that we want to see our children happy, admirable, and successful.  But, how we help them achieve this is all over the map, isn’t it? When I grew up, authoritarian parenting was the norm. Those were the days of “Because I said so,” and non-negotiable chores. Teens were expected to leave home after graduation, whether that meant to college, a job, or the military. The ball was in their court to sink or swim. Tough love ruled the day.

Times have changed, in part because of the pitfalls associated with this approach to parenting. However, as it usually happens, the pendulum swings to the opposite extreme. We overcorrect and new issues surface. Like now.

Despite our best intentions, sometimes our parenting methods can get in the way of achieving our objectives. Although our children bear the primary responsibility for how their lives turn out, parenting influences are significant. With this in mind, and understanding that there are no perfect parents, we’d like to share some inadvertent consequences we see in three of today’s most common parenting styles.

 

Helicopter Parenting

In our efforts to be an involved parent and protect our kids from failure, we can micromanage and control them if we’re not careful.  Figuratively speaking, we can’t let go of the handlebar. We hover, orchestrate, remind, nag, interfere, and even do their homework and chores. Although we don’t like to be treated that way by our own supervisors, we often display these tendencies with our children. The bottom line is this: we stunt their social-emotional growth and skill development and rob them of the joy of doing things themselves.

Here are telltale signs of children and young adults who have been helicoptered: low self confidence, co-dependence, poor life skills, difficulty with problem solving, lacking resilience/coping, weak conflict resolution, and a poor work ethic and motivation. College administrators and employers are regularly observing these.

 

Performance Parenting

Although we all want our children to succeed, some parents take this to such an extreme that they appear to value performance more than the person. They view their children’s outcomes as a direct reflection of their parenting and can apply intense and unfair pressure to perform to unreasonable standards. Common parent behaviors are harsh responses to report cards, competitive comparisons to siblings or friends, forcing their careers onto their children, complaining to teachers and coaches when grades/play time are disappointing, and defending poor child behavior in teacher/administrator meetings.

It is especially painful to visit with students on the receiving end of this parenting style. Telltale signs in children are lacking self worth/value, anxiety, depression, intense fear of failure, untruthfulness, resentment, isolation, cheating, coping challenges, blaming tendencies, and sibling rivalry. Additionally, significant relationship strains are common when the child doesn’t perceive the parent as a safe person with whom to share fears, dreams, and life. Not surprisingly, resentment and distance are frequent outcomes, especially in the adult years.

 

“Buddy” (or Permissive) Parenting

Parents also have an intense desire to raise happy children and provide a harmonious home environment. Often, the teen years are challenging on both fronts as pressure builds and children express their independence. These years are exhausting! In response, many parents are pursuing a child-centric approach to life and inadvertently raising children who think the world revolves around them. At the extreme, these parents treat their children as friends, abdicating any sense of authority. Common examples of this are enabling, failing to enforce discipline/consequences, doing their children’s basic chores, allowing excessive time allowances for technology, etc., living vicariously through their children, passivity in the face of disrespect, and endlessly giving in to their children’s desires.

Telltale signs in children affected by this parenting style are entitlement, disrespect for authority figures and rules, arrogance, lacking motivation and work ethic, manipulation tendencies, and addiction to pleasure sources. They believe the world owes them a happy life and often struggle in the competitive adult world.

Do any of these sound familiar in your parenting or your children? Most of us can “plead guilty” to at least a few. So, with the dawn of a new year, why not take a pulse check to your parenting? Are any midcourse corrections in order?

Here’s to making 2018 your best parenting year ever!

 

 

Four Ways to Form Authentic Friendships at College

“If you go looking for a friend, you’re going to find they’re very scarce. If you go out to be a friend, you’ll find them everywhere.”

– Zig Ziglar

For many first-year college students, one of the most exhilarating aspects is living in the dorms.  It’s an amazing opportunity to test their new wings of independence (albeit with some supervision from the resident advisors and directors), make new friends, and be surrounded by a community of people in the same boat. However, living on a college campus comes with its own set of challenges, and we’d like to address those today.

When students leave high school and enter college or their career, peer pressure does not just simply go away. In fact, the pressure to fit in can feel even feel more intense for some college students. Living with hundreds of other young people can, unfortunately, lead to negative peer pressure, striving to fit in, poor decisions, and even loss of self.  So, here are four ways that you (or the college student in your life) can form authentic and edifying relationships while living on your college campus:

  1. Deliberately seek out friendships in areas in which you’re likely to find people with similar interests. For example, if you’ve never partied in your life, hitting up a frat house party on a Saturday night is not exactly a sure-fire way to land your next BFFL. Do you enjoy staying active and spending time outdoors? Join an intra-mural and seek friends out here. Are you spiritual? Join an on-campus religiously affiliated club or group. Are you a brainiac with a love for academic challenges? Apply for your school’s honor’s program.
  2. Step outside your comfort zone and BE INTENTIONAL. This is a tough one for all of us because no one likes to feel uncomfortable. But, this is how friendships start and you take an acquaintanceship to a deeper level. As cheesy as it may sound, don’t be afraid to ask someone if you can sit by them in the “caf.” Ask one of your hall mates in the dorms to come over and play board games. Or invite an acquaintance from your Art 101 class out to coffee. More than likely, they’ll be glad for the offer! Be proactive. You’re worth it and what’s the downside?
  3. Be aware of your (potential) friends’ core values. This is crucial, because if you fundamentally oppose someone’s values, your friendship won’t be fit for the long term. If you want to do a self-check on the values that are most important to you, you can use this free checklist Make a list of your top ten, and never waiver from them, no matter what! Remember, not everyone in the world is meant to be your friend. So, if someone’s behavior does not align with your values, or you feel you have to change in order to fit in, it’s time to kiss that friendship goodbye.
  4. Be yourself and be vulnerable. Authenticity is the key to lasting, mutual friendship. You must allow yourself to be seen and appreciated for who you really are, and give up trying to be someone you’re not.

 

When life gets busy and your days are filled with lectures, studying, and practice, it can be incredibly difficult to maintain friendships. However, remember that friendships require deliberate actions from both parties in order to stay afloat (maybe ask one of your friends to study alongside you in the library!). More than anything, be true to yourself, never be afraid to say NO if something doesn’t feel right, and don’t hesitate to rely on help from a trusted adult (mentor, teacher, parent) if you’re struggling with your friendships.

The 3 P’s for Success

Doesn’t it feel like summer just started? Well, as much as we all hate to admit it, school will be starting before we know it. And for many young people, that means their first year of college is on the horizon. It’s why this week, we want to focus on studying—specifically, studying for optimum success in college/university!

It’s crucial to keep in mind that college academics are harder—much harder—than in high school. Papers are longer, expectations are higher, competition is greater, professors aren’t as accommodating, classes are bigger, and distractions are like never before. Without committed and disciplined study habits, success in college will be hard to come by. Even if straight A’s came easily to you in high school, it’s likely that university will be more challenging—even for the most accomplished honor student.

People who excel at what they do—whether it’s academics, sports, art, music, business, a trade—generally have these things in common: they’re intensely focused and overcome challenges with PLANNING, PRACTICE, and PERSERVERANCE.  For college students, this might look like reserving weekends for studying, rather than partying, or making sure certain priorities are taken care of before agreeing to social outings. First things first!

I can’t think of a better illustration of “the three P’s” than the 1980 U.S. Olympic hockey team. The team of collegiate athletes was gathered randomly from around the nation under the leadership of Coach Herb Brooks, who developed a brutal training regimen and a strategy to win.

The prospects didn’t look good. They were dominated by the Soviet team in an exhibition game by a score of 10-3. But, that didn’t deter them. They tied Sweden, upset perennially strong Czechoslovakia, and proceeded to defeat Norway, Romania, and West Germany. There was just one problem. The next stop was another crack at the Soviet team, and the players were haunted by their previous humiliation. Nonetheless, Coach Brooks was relentless, challenging the team to do their best when it counted.

Amazingly, the U.S. scored what is considered the greatest sporting upset in history,, defeating the Soviets 4-3 in a win dramatically captured in the 2004 film Miracle. They went on to win the gold medal game over Finland, and rallied our country like no other sporting team in history.

When it comes to achieving your goals and succeeding in college/university and your career, remember that you, too, can overcome great odds by applying the same 3 P’s the 1980 U.S. hockey team did. What good would it have done for the 1980 U.S. Olympic team to skate out onto the ice without the practice and grit to compete?

So, how do we apply the 3 P’s to our studying? By:

  • Planning: organizing our schedules to allocate the needed time to complete our studies. And, making a habit of setting weekly and daily goals and schedules.
  • Practicing: implementing our daily schedules by focusing first on our academic priorities and then studying in environments conducive to concentration and distraction avoidance.
  • Persevering: facing our disappointments head on by analyzing why we underperformed and taking corrective steps to improve. Successful people fight through and grow from their challenges with determination.

Unfortunately, many people struggle with at least one of the “3 P’s”—and never reach their full potential. (Practically, this can look like receiving poor grades, dropping out of school, getting fired for mediocre performance, never moving up, etc.) Many people mistakenly believe they “deserve” success. They show up to university expecting to rest on their laurels from high school. Or, they arrive to their first day of a new job expecting the corner office. They face a brutal awakening.

Don’t let this attitude mark you. When you set your mind to something—whether it’s academic studies, a job (or something else), I encourage you to do it with intentionality and excellence. When school begins again in the coming months, remember this adage: “Plan, practice, and persevere to succeed.” Doing this will give you the best chance to succeed and will build great character along the way.

What are your tried and true recipes for success? If you were talking to your teen or students about success after high school, what tips would you give? Feel free to share what you would add to our list!

6 Conversations to Have Before Your Teen Leaves Home

As summer draws to a close and the school year starts up again, change is in the air. Many of us have children who are about to leave our homes and head off to college or the workforce for the first time. Many people are uncomfortable with change, especially big ones like this! They don’t know how things will turn out and sometimes fear the worst. That’s too bad—because change can be incredibly positive (for parents AND children).

This year’s recent high school graduates are about to experience the greatest decade of change in their lives. Some of it will be voluntary and some of it not. Some of it will be clear and some of it will have highly uncertain outcomes. Some of it will be easy to handle and some will be highly stressful. It’s all part of their journey, and their journey is what will make them, THEM! It’s important we let them live it, find themselves, and be an encourager to them along the way.

Are you a parent of a teen who is heading off into the “real world?” How are they feeling about it? Do they know how much you believe in them?

These six topics, all addressed in What I Wish I Knew at 18, will help you open up conversations about what may be in store. Share your stories about how you faced these similar changes—warts and all. Change doesn’t seem as intimidating when someone else you know has navigated it successfully and learned important life lessons along the way. Plus, it will help open up safe lines of communication when they face challenges—as they will.

  1. College majors and career paths. They will probably change their choice in career or major several times over, and this is NORMAL. The anxiety associated with this big decision is considerable, and far too many high schoolers are placing undue pressure on themselves to know their future major/career. (They’re still discovering themselves and haven’t even taken advanced courses, so how can they be so sure?) Let them know that it’s okay to change their mind and that you will be supportive no matter what.
  2. Future jobs. They will probably have five to seven jobs in their life. They will have to deal with new employers, new managers, new coworkers, new technology, and new locations multiple times. At these times, it helps to be especially proactive in meeting and engaging with new people. And, on their first day on the job, be sure they ask their supervisor how he/she defines “excellence” in this position and the one or two most significant accomplishments they could deliver in the next six months. It helps set the stage for a strong start.
  3. Moving. They’ll likely move several times, whether for long periods or for short-term assignments. The assimilation involved in each situation is significant.
  4. Dating. They’ll most likely date several different people before potentially settling down into marriage. Since there is much more at stake than during high school dating, the pressure is that much greater. Have conversations about their “need to have” and “nice to have” qualities in a long-term relationship. It becomes an invisible filter as new people enter their lives.
  5. Social adjustments. It is important to make new friends once they go off to college, but it’s also important to maintain their long-term friendships. They’ll face lots of peer pressure (and you won’t be there to coach them through it), so it’s crucial for yours to never compromise their values to fit in with a certain social group or person. IF they have to change who they are to be accepted, it’s time to move on. Self confidence when meeting new people is HUGE. Patience and selectivity are the keywords.
  6. The academic transition. There’s no way around it—college is much harder than high school, and the competition is stiffer. Like with me, their first year might come as a shock as they’ll have to develop better study habits and time management skills to succeed.

Change can seem overwhelming, and it’s wise to view it as a constant and become as adaptable as possible. That goes for all of us, no matter what season of life we’re in!

If we can embrace it as an opportunity for growth and adventure, rather than something to be feared, it will prepare us for bigger things down the road. Encourage the young people in your life to be confident and courageous—and take it to heart yourself.

Do you have a young person who is leaving your home soon? Have you talked about any of the above topics? We’d love to hear from you, so please feel free to share your thoughts or comments!

 

 

 

8 Financial Tips to Teach Your Children This Summer

We are on the cusp of summer break, which means many teens, grads, and college students will be starting up their summer jobs. Whether they’re nannying, mowing lawns, spinning pies at the local pizza joint, or interning at a law firm, the goal is to gain real life job experience, and of course, make whatever money they can before school starts up again in the fall.

This brings us to an important point. Money. Have you equipped your teen with the financial know-how they need to succeed in the real world (and avoid major financial pit falls)? Many parents assume their kids are learning personal finance at school, but unfortunately, many schools assume the students are learning it at home! It’s a crucial topic that all too often falls through the cracks. And, guess who loses?

As your teen embarks on their summer job, use this as a launch pad to build their financial literacy. The principles of wise financial management aren’t that tough to master. You simply need to know the basics and abide by the disciplines and key principles. One way to approach it is to teach them how to avoid these eight most common financial mistakes:

  1. failure to set goals and plan/save for major purchases (instead, many load their credit cards with debt, making their items that much more expensive)
  2. failure to set aside an emergency fund for unforeseen expenses
  3. spending more than you earn and failing to budget and monitor expenses (a top learning priority!)
  4. incurring too much debt, including student loans and excessive credit card usage
  5. incurring significant fixed expenses relative to your income that can’t be reduced in difficult economic times (e.g., spending too much on housing and cars)
  6. impulse buying and lack of value consciousness when shopping (make, and stick to, your shopping list beforehand!)
  7. failure to begin saving and investing for the future as soon as possible (and missing out on the compounding of money over long periods of time)
  8. failure to appreciate how the little things can add up (e.g., eating out versus in, paying up for name brands, owning a dog or cat)

(Number 6 is an especially common pitfall among young people when working a summer job. They aren’t used to having a surplus of money in their checking account, so they go on spending sprees and end up saving much less than they could. A good rule to learn, especially at this time of life, is save first, spend on “needs” second, and IF there is money left over, enjoy some “wants.”)

This list isn’t just for young people—it’s for everyone. Periodically review how you’re doing in each of these areas, and encourage the young adults in your life to do the same. (Remember, they’re watching you, so be sure to “walk the talk!”) If we can successfully avoid these traps, we’ll ALL be in better financial shape!