How Smart Risk Taking Can Impact Your Life & Happiness

Are You A Risk taker? Interesting piece by Rochelle Royal

According to the Oxford Dictionary the word ‘risk’ means, “A situation involving exposure to danger”. Realistically, this could range from something as simple as falling over when walking, to losing control of your bike, or even crashing your car; the list of possible dangers are endless.

Exploration in to the world of risk has shown that you can measure what kind of risk taker you are, much like an IQ score. A study with a large group of people will show that, on average, people are neither as low as a number one (averse to taking any risk as small as stepping out the front door) or are extreme dare devils (such as the famous Evel Knievel).

William Gurstelle, the Ballistics and Pyrotechnics Editor for Popular Mechanics Magazine has carried out years of research on risk aversion. It is his belief that a person’s inclination to risk-taking has a profound impact on their happiness and life satisfaction. This ties in closely to the endless asked question of whether we make our own luck in life.

Are people lucky or do they take the right risks at the right time? Science would tell us that lucky people take advantage of chance opportunities more than others; they are more likely to take risks. The more risks you take in life the more chance you have of doing something great.

Gurstelle’s research looked at the two extremes of risk-taking and found that the average person lies right in the middle. However, just to the right of the middle towards the Evel Knievel side of risk-taking lies what he calls the “Golden Third”. William Gurstelle argues: “People who fall into the Golden Third, who are more willing to take risks and capitalize on opportunities, experience the highest index of life satisfaction and fulfillment”.

How Risk Taking Can Impact Your Life & Happiness

THE GOLDEN THIRD

Once you enter the golden third, there is a fine balance in staying there. Advanced Riskology founder, Tyler Tervooren is committed to helping people utilise smart risk opportunities and live better lives through uncertainty. Tyler has granted us his time for an interview to share his insight and advice. The information provided should be able to guide you through the process of making good risks in everyday life.

Tervooren argues that: “Most people take risks because they don’t understand them”.

“We fear that which we don’t understand.”

When you take a risk, like applying for a new job, that doesn't lead to the desired outcome and you don’t understand why you didn't get it, especially if you have all of the relevant qualifications, you may be tempted to give up and stop trying again.

“Unless you understand how to take smart risks, this will be most people’s experience with it”. However, spend the time to research and understand what you are about to get yourself into, and then find a way to “dip your toe in”. Validate your big risk by taking smaller, less life altering ones first.

“Smart risk-taking can become a habit, just like anything else can. By repeating the steps necessary to take a smart risk – research, plan, test, evaluate etc. You can integrate that workflow into your habits so that it will always inform the risks you take”.

The fear factor to taking risk is likely to stay, as Tyler states: “as humans, we will stagnate unless we consciously push ourselves”.

Continuous discipline of the mind is essential to knowing how to take smart risks. As it is a fundamental part of the human experience, the more you practice and do it, the more it becomes natural: “Children learn to crawl before they walk. They walk before they run, and they run before they drive cars, fly aero planes, so on and so forth. At each step, there’s a fear barrier that has to be overcome”. With many sequences of successes before “you learn something and adjust for the next one which, of course, makes it that much scary to do”.

Advanced Riskology provides guidance on embracing the unknown without promoting any particular action. Tyler suggest that to live a fulfilled life we need to concentrate and improve on the risks that we are already skilled in and address the ones we struggle with, the ones that are holding us back from having the life we want.

He highlights:

“We tend not to notice that we’re good at something until we see others around us struggling with it”.

Even small moves in this area of your life will be uncomfortable, but if anything else Tyler assures that it simply means that “you’re headed in the right direction”.

Always remember there it is a fine art to stating balanced and living in the ‘Golden Third’ and straying into the reckless stage of many thrill seekers. A prime example of this in today’s world would be the guys from Jackass or Dirty Sanchez.

Jane Downshire, a qualified councilor for Teenage Translated, specialises in teenage development and emotional literacy. On a daily basis, she struggles with the challenge of educating the high risk-taking tendencies of teenagers.

Janey offers to share some advice on how to manage risk-taking effectively:

“People must reflect on their actions and assess the outcomes consciously. Without feedback on your actions you can become narcissistic and uncivilised. When the consequences of your actions bare no meaning to you, you can become destructive to the people around you”.

Furthermore, Lynsey Dixon, Head of Marketing at Tombola (an online bingo betting site), speaking on the subject of associated problems with The Golden Third and the ways in which individuals can seek help, said: “In the gaming industry it is important to remember that it is about enjoying the thrill of the game and not about gambling to make money. At tombola, we place huge emphasis on the overall experience. We take our responsibilities seriously and work with a number of organisations to offer support, help and guidance to those who need it and encourage sensible behavior. It is crucial that individuals stay in control when taking risks, regardless of the situation”.

Conclusion

Know that risk-taking is an important part of development and it is essential to maintain a level of curiosity, motivation and desire to move forward. However, always maintain a conscious awareness of your actions through active reflection and you will learn to enjoy the process of smart-thinking.

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Rudeness on the rise in social media

Have you ever experienced Rudeness or nasty behavior Via your Social Media?

Ever check out your news feed on Facebook and seeing friends behaving badly?

Not surprisingly, what happens offline is happening online — even at an accelerated rate.

And online rudeness is spurring fights in real life.

Rudeness and throwing insults are cutting online friendships short with a survey released April 2013 that reveals people are getting ruder on social media.

The study says two in five social media users have ended contact after a virtual altercation.

As social media usage surges, the survey found incivility also has increased with 78 percent of 2,698 people reporting an increase in rudeness online with people having no qualms about being less polite virtually than in person
.

One in five people have reduced their face-to-face contact with someone they know in real life after an online run-in.

Joseph Grenny, co-chairman of corporate training firm VitalSmarts that conducted the survey, said online rudeness now often spill into real life with 19 percent of people blocking, unsubscribing or “unfriending” someone over a virtual argument.

“The world has changed and a significant proportion of relationships happen online but manners haven’t caught up with technology,” Grenny told Reuters on the release of the online survey conducted over three weeks in February 2013.

“What really is surprising is that so many people disapprove of this behavior but people are still doing it. Why would you name call online but never to that person’s face?”

The Pew Research Center show that 67 percent of online adults in the United States now use social networking sites with Facebook the most popular while the latest figures show over half of the British population has Facebook accounts.

The survey follows a spate of highly publicized run-ins between people who came to virtual blows online.

British football player Joey Barton, who plays for Olympique de Marseille, was summoned by the French soccer federation’s ethics committee after calling Paris St Germain’s defender Thiago Silva an “overweight ladyboy” on Twitter.

Boxer Curtis Woodhouse was widely praised after he tracked down a tweeter who branded him a “complete disgrace” and “joke” after a loss, going to his tormenter’s house for an apology.

Grenny said survey respondents had their own stories such as a family not talking for two years after an online row when one man posted an embarrassing photo of his sister and refused to remove it, instead blasting it to all his contacts.

Workplace tensions are also often tracked back to conversations in chat forums when workers talked negatively about another colleague.

“People seem aware that these kinds of crucial conversations should not take place on social media yet there seems to be a compulsion to resolve emotions right now and via the convenience of these channels,” said Grenny.

Grenny suggested peer-to-peer pressure was needed to enforce appropriate behavior online with people told if out of line.

He said three rules that could improve conversations online were to avoid monologues, replace lazy, judgmental words, and cut personal attacks particularly when emotions were high.

“When reading a response to your post and you feel the conversation is getting too emotional for an online exchange, you’re right! Stop. Take it offline. Or better yet, face-to-face,” he said.

Then how to combat the ill effects of online rudeness?

I advise individuals and professionals think twice about sharing a tweet or a post. If you have one, adhere to your company’s or organization’s social media guidelines.

But the highest standard I have to determine what to share on social media is my grandmother.

I ask myself this important question: What would my grandmother think?

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http://www.tednguyenusa.com/rudeness-on-social-media/

How to Make Money from Your Blog: 11 Powerful Case Studies

Jeff Bullas is probably one of the Best Bloggers our there. He is on the button with all Social Media and is quick of the mark with all new technologies and whats happening right Now! 


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This makes interesting reading - Jeff should know he has been blogging for several years now.

n 2005 a Greek American woman started a political blog. As the traffic grew more funding was required. This meant that in August 2006 the venture fund SoftBank Capital was called upon to invest $5 million into the site to hire more staff and to provide the resources needed to make the updates to feed the news cycle 24/7 as the site grew in popularity.

Two years later in November 2008, another $15 million was raised to maintain the momentum as the blog added more journalism resources and local reporting was ramped up across the USA.

The power of celebrity was embraced with politicians, academics and famous power brokers in all areas of business and industry contributing articles to the blog.

It was in June 2011 that the blog’s website traffic passed the doyen of traditional media, the “New York Times” for the first time.

“In just six years new media had disrupted 100 years of traditional media”

Seven years after the first post was published, it was sold to AOL for $315 million to add to its other online blog assets including Engadget, TechCrunch and MovieFone.

Today it’s website traffic is measured at over 77 million visitors per month.

That  blog is Huffington Post.

Tipping point

In the blogging world this was a watershed moment. Never before had so much money been paid for a blog.

New media is replacing and disrupting old media.

The old business model that made many media moguls billionaires and king makers was based upon the rivers of gold which were generated from classified ads. Today it is the website traffic that is creating the cash and the influence is moving online.

Huffington Post was purchased by AOL because of three key elements.

1. Its online and global influence
2. Advertising revenue
3.  Traffic

In one sense this new media is just a variation of old media except that it is online. It is still traffic, eyeballs and advertising.

It just happens to be digital.

The new media models

The new models are not so simple but multifaceted and convoluted. Making money from new media is not a singular approach but often a matrix of multiple opportunities and tactics.

Blogging has evolved rapidly because of the social web and in the past was driven by building email lists which took a lot of time. With the advent of social media their marketing and growth have been supercharged.

Global reach and influence at the speed of a tweet, a Facebook share or a viral video.

To make money from a blog in 2013 you do not have to be a Huffington Post. There are many ways to make a living out of blogging that can enhance your current business and lifestyle that are within everyone’s reach.

Let’s have a look at some of them.

1. Advertising

Just to show that the Huffington Post is not a one off, there are many blogs that generate significant revenue in then millions. One of those is Mashable.

Mashable’s model is based almost exclusively on building huge amounts of traffic that makes it an attractive platform for advertising. Current page views per month total approximately 50 million.  This also means producing a lot of content. To put that in perspective Mashable publishes dozens of articles a day to feed the content beast.

They work hard at optimizing their advertising and  have developed technology for:

• Infinite ad scrolling
• Story telling ads unit
• Content velocity algorithm

This blogging business model is becoming harder as advertising rates fall. But the rewards can be great with some reports that Peter Cashmore is worth nearly $100 Million US and the blog has been valued at over $200 million.

2. Sponsorship

Suzi Dafnis is the clever business brain behind a very successful blog that targets business women in Australia. It is called the Australian Business Women’s Network.  She must be doing something right! It has just won “Best Australian Blogs Competition” in the business Category.

Sponsorship is the main revenue source with sponsors including American Express, Optus and GoToWebinar.

3. Webinars and Seminars

Social Media Examiner was only started 4 years ago by Mike Stelzner and made its first million dollars within 12 months through paid online webinars. Mike (who by the way is one of the true gentlemen of the blogging world) has used his attention to detail, process and savvy business acumen to create a blog that is now ranked in the top 60 blogs in the world in just 48 months.

Mike knows how to shine the spotlight on others and hence they have returned the favour.

Prior to starting the Social Media Examiner blog Mike had run other blogs and businesses including one on how to “Write White Papers”. Mike has moved into producing conferences, with the recent success of the inaugural “Social Media Marketing World” in  San Diego.

If you want an insight into how he made his blog such a success I would recommend you read his book “Launch – How to Quickly Propel Your Business Beyond the Competition”

4. Speaking

Blogs can be the platform that makes you visible. This includes being invited to speak at conferences, workshops and seminars. Guy Kawasaki uses his blog as an online platform to promote his speaking and his books. 

Guy understands the importance of an online platform for building credibility and marketing his personal brand. He also understands the power of social media and has nearly 1.3 million Twitter followers

5. Books

Tim Ferriss is the author of  the New York Times best seller “The Four Hour Work Week”, which was about creating a success lifestyle in a web world. He has used his blog to launch not just one but three books after the huge success of his first book.

Tim uses his blog as his promotion platform for his books and for engaging and sharing his inspiration for experiments in lifestyle design.

6. Affiliate

Affiliate marketing  is the art of either selling other people’s products on your blog or getting affiliates to sell your products.  Brendon Burchard is one of many who have perfected this art and science.

One of the the key secrets to succeeding in this is building promotional partnerships with powerful online influencers and other bloggers who have significant followings online. Some of the pioneers in this space include Frank Kerns and Jeff Walker.

It can supercharge your revenue. For a further insight into how Brendon achieved success his book “Millionaire Messenger” is worth a read.

Another blogger and podcaster that understands how to use affiliate marketing to create revenue and is worth checking out is Pat Flynn, who is the force behind the blog “Smart Passive Income”

7. Consulting

Mark Schaefer is the force behind the awesome blog “Grow“. He uses his blog as his front door and shingle to his consulting, educating and training business that helps businesses grow by tapping into the marketing power of social media.

He is also the author of  several books including  ”Return on Influence” and “The Tao of Twitter”

8. Online Courses

Amy Porterfield is a blogger and a professional Facebook expert who has created and developed online training which is her main revenue stream. Her flagship course is Facebook  Training 101 – FB Influence. 

She understood the importance of her blog as the online portal to her online courses.

9. eBooks

Darren Rowse is the genius behind Problogger. Not only has he made that blog a business success but also started a Photography Blog called “Digital Photography School” with over 1 million subscribers . His eBooks on “blogging” and “photography” have become his main source of income

Darren makes money from his blog in 12 different ways. So making money from your blog is not just limited to one revenue stream. The challenge is working out how you can monetize with multiple channel sources.

10. Premium content – Paid Membership

Timothy Sykes blog is about how to make money on the stock market and his main source of revenue is by selling premium content which is accessed through paying to be a member on his site.

Premium content that is only accessible via monthly membership is a proven model and another one worth checking out is Psd.Tutsplus.com which is a resource and learning site for those who want to learn photoshop.

11. Sell Products

Tucker Max is a blog and brand that is memorable but maybe for all the wrong reasons. If hedonism is your thing then Tucker Max is is your man. He makes money from the blog in a variety of ways. The main source of income is selling his products on Amazon.

It highlights that even a bad image can be monetised. The creativity is up to you!

What about you?

As we have seen, blogging can  be both a business and an online portal to to express yourself. The challenge is deciding what you want it to be and how can you make it into a business and lifestyle that works for you.

So how do you make money from your blog? What types of revenue models attract you?

Look forward to hearing your stories in the comments below.

Read more at http://www.jeffbullas.com/2013/05/14/how-to-make-money-from-your-blog-11-powerful-case-studies/#yo7T2VjHbuHuV6wu.99 

These Women Are Making Waves in Tech's Emerging Markets

Another Great Story from Mashable - Ladies you need to take on the challenge, there should be more women at CEO level.  


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A recent Startup Village event in Moscow organized by the skolkovo Foundation celebrated and showcased Russian innovation, positioning Moscow as an emerging tech hub.

The event rolled into Moscow after visiting 16 cities across Russia, clocking more than 13,000 miles in the process. While that was unusual, even more striking at the show was the sheer number of smart and entrepreneurial women involved.

The dearth of women in Silicon Valley is one of the fails hidden behind the success story of the world’s greatest tech hub. It’s great that Sheryl Sandberg, Marissa Mayer and other high-profile women are pushing through the glass ceiling, but on the shop floor, things are rather different.

But do emerging tech hubs offer opportunities for women that Silicon Valley failed to deliver in recent decades? Can hubs such as Moscow, London, New York and even Nairobi offer women a level playing field of opportunities?

A report released in June from Dell, The Gender Global Entrepreneurship and Development Index (GEDI), would suggest that the West still leads the way. Out of 17 countries, monitored, it showed that the U.S. was the best place for female entrepreneurs, followed by Australia, France, Germany and Mexico. But that's not to say women aren't making an impression.

Helen Keegan (@technokitten on Twitter) has 25 years of experience of working in and around London, and she's the founder of Heroes of Mobile. She sees things changing slowly, but believes there is still work to be done.

“The good news is there are lots of women working in London’s tech industry. The bad news is there aren't enough of us. We’re almost invisible at board level, and the new girls on the block coming up from school aren't interested in having a career in tech, yet will quite happily use it, day in and day out."

What has changed, she says, is that now we're talking about it. Women in Wireless in London and Women in telecoms & technology both have a mentoring scheme. Women 2.0mentors female tech founders and has regular Founder Friday meetups across the globe." Keegan says that 50 years ago, there weren't any female toilets at the University of London for students. "We have come a long way, but we still have a little further to go,” she says.

Keegan’s view is backed up by Kathryn Parsons, founder of Decoded, a company with offices in London and New York that practices "digital enlightenment" through an understanding of code. Parsons is passionate about women learning about technology and is confident that those who do will prosper.

“There is an appetite for women to opt-in to tech, learn to code and become digitally literate," say Parsons, adding that Decoded has a nearly 50:50 male-to-female ratio.

“And I know about a swathe of exciting networking events in New York and London about to launch that are set up by female founders and CEOs. The kind of events that are not subsidiary to the main event; they are going to be center stage and the place where lots of fun and business will happen,” says Parsons.

But perhaps we should look away from Europe and North America to Africa, perhaps the last frontier making huge strides in the tech space — but one where women are represented at the highest level.

“Women in tech hubs like iHub Nairobi are not only part and parcel of its history, but have led with outstanding ideas," says Parsons. She cites two women in particular, whom she's seen grow in the tech space — Linda Kamau, co-founder of Akirachix and Jamilla Abbas, co-founder of M-Farm. "They are excelling and paving the way for technologists of the future here in Kenya," says Parsons.

Juliette Zoe Wanyiri

Perhaps the next frontier in tech is the Maker space, which blurs the line between software and hardware. "Juliette Wanyiri, who is part of the iHub Network, is an amazing inspiration with engineering cred who is not just a participant, but an active leader” in the field, says Juliana Rotich, executive director of Ushahidi, the Kenyan company behind the innovative BRCKproduct.

Over in India where 'new' cities such as Pune are building from the example of Bangalore and emerging as hubs in their own right, women are also making their mark.

“With emerging hubs such as Pune or other Indian metro cities, there has been a massive growth in technology and a lot of women are taking big jobs," says Aakriti Kaushik, Indian tech specialist and founder at PR Buddy. "However, a lot more needs to be done in training and development with technology — education is especially needed."

Kaushik says that though women are leading the IT departments of major corporations, "their level of education in tech would not be as deep as it would in cities such as London and New York."

It may be some time, as the women in this article have pointed out, before the gender equality in technology is reached, but the women in London, New York, Nairobi and Pune are watching ... as is the whole world.

Image via iStockphoto, audioundwerbung

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http://mashable.com/2013/06/06/women-tech-hubs/