Principles of Success

/Principles of Success

Do People Trust You? Learn the 13 Behaviors of High-Trust People

September 16th, 2016|

EVER WORK FOR SOMEONE YOU DIDN’T TRUST?

Years ago I was employed as a loan officer by a small bank.  I enjoyed working for my immediate boss but the more I got to know the bank president, the more concerned I became.  You see, this man didn’t mind cutting ethical corners in small ways and he demonstrated a complete lack of integrity towards his employees.  Have you ever worked for someone you didn’t trust?

About three years with the bank I realized that I couldn’t continue working there because I didn’t respect the bank president.  Fortunately I was able to find employment elsewhere as the economy was still going strong.

On the way out the door I remember saying to my fellow employees that when the next recession occurs this man won’t think twice about laying you off.  When the economy collapsed into the Great Recession my premonition proved true.  It wasn’t just that he laid people off.  In all fairness to the bank president, lots of people in commercial real estate lending were being laid off.  No it wasn’t what he did, it was how he did it.  Without getting into the specifics, his behavior exhibited a lack of empathy and respect for those who lost their jobs.

THE SPEED OF TRUST

Fast forward to this summer.  While vacationing on the Oregon coast I read an insightful book on the topic of trust titled, The Speed of Trust: The One Thing That Changes Everything by Stephen M. R. Covey (his father was the author of the Seven Habits of Highly Effective People).  As I was reading The Speed of Trust I couldn’t help thinking back about the bank president.  You see, he violated several of the principles outlined in the book for generating trust.

How about you?  Are you someone that people naturally trust?  Do you know the behaviors that high-trust people exhibit?  In this book, the author identifies 13 behaviors that builds trust between individuals.

THE 13 BEHAVIORS OF HIGH-TRUST PEOPLE

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3 Life Lessons from Dad, my Role Model

June 9th, 2016|

Stan Marshall

Dad as a Role Model

Even though my father passed away ten years ago this August I’m surprised how often I think about him.  Something happens during the normal course of my day, and it triggers a flashback of him.  It wasn’t a conscious decision to think about him, but rather some random thing happens and instantaneously I’m transported back in time forty years hearing my dad say or do something.  It happens all the time.  Does that happen to you?  Dad in many ways was a good role model.  He also had his faults but as time passes the good memories of him are winning out and the not so pleasant memories are fading.  I hope that’s what happens with my two adult children when I’m dead and gone.

As I said my dad was a good role model, but he was a lousy teacher.  I don’t ever recall him ever trying to teach me an important life lesson.  He just lived what he believed.  At the time, I didn’t understand the importance or appreciate what I was witnessing.  It was just my dad saying or doing what he always said or did.  It was nothing special, or so it seemed.  It was just vintage Dad.  But the older I get the more I appreciate the values that he lived.

So what life lessons did I learn from my father?

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Pending Recession? 8 Survival Tips for the CRE Professional

February 25th, 2016|

The Devastating Impact of the Great Recession

I recently came across this blog post “8 Tips to Survive an Economic Downturn” I wrote in the winter of 2009.  As you may recall, our economy at that point in time was in a free fall.  The banks were on the brink of collapse, the economy was losing 700,000 jobs a month and commercial real estate transactions had come to a complete halt. No one was buying or selling commercial real estate.  The recession was hitting hard.  Life at that moment looked bleak.  My blog post spoke to the fear we all felt at that time and hopefully it generated a bit of hope for the CRE professional who didn’t know when they would receive their next paycheck. (more…)

3 Life Lessons Learned From My Father

June 13th, 2015|

Since next Sunday is Father’s Day I thought it appropriate to write about the lessons I learned from Dad.

Even though my father passed away several years ago I’m surprised how often I think about him. Something happens during the normal course of my day, and it triggers a flashback of him. It wasn’t a conscious decision to think about him, but rather some random thing happens and instantaneously I’m transported back in time forty years hearing my dad say or do something. It happens all the time. Does that happen to you? (more…)

3 Life Lessons Learned from my Mother

May 3rd, 2015|

Since next Sunday is Mother’s Day I thought it appropriate to write about the lessons I learned from Mom. While my father was considered by many as the quintessential Ward Cleaver of the 1950s TV show, “Leave it to Beaver”, my mom, who passed away in 1994, was no June Cleaver. Far from it. (more…)

16 Principles to Live By

April 7th, 2015|

I was recently looking through my archives of articles that I’ve written over the years and came across this gem. It was titled, “Advice for Those Just Starting Their Careers” but upon re-reading the article I believe a better title would be “16 Principles to Live By” or “How to Succeed in Life.”

This advice is for all ages, not just those starting their careers.  I don’t know where I originally came across these principles.  It was likely a summary of a talk I heard or an article I read.  All I know is that I can’t claim authorship.  I wish I could but these pearls of wisdom come from someone else. Happy reading: (more…)

Three Principles that Steve Jobs Lived By & So Should YOU!

December 13th, 2014|

A couple of years ago I read the excellent biography of Steve Jobs by Walter Isaacson.  Mr. Isaacson does not sugarcoat Mr. Jobs’s personality.  Steve Jobs would have been an awful person to work for as he could either profusely praise his employees or call them a piece of sh**, sometimes on the very same day.  To say the least, Jobs was a very difficult person to be around. (more…)

Lessons from My Mother

May 13th, 2013|

Over the past Christmas holiday I wrote a blog post titled, “Lessons from My Father.” If you didn’t read it I would encourage you to do so. My father was the quintessential Ward Cleaver of the 1950s TV show, “Leave it to Beaver.” Since last Sunday was Mother’s Day I thought it appropriate to write about the lessons I’ve learned from Mom. (more…)

The Four Clients, Which Are You?

April 11th, 2013|

In the book, Why I Left Goldman Sachs, the author Greg Smith describes himself as a “not very religious Jew” but that he appreciates the traditions around the Jewish holidays especially the Passover Seder.  He particularly likes the part of the story discussing the reaction of the Four Sons to Passover: one who is wise, one who is wicked, one who is simple, and one who doesn’t know what questions to ask.  He then goes on to say that just as in ancient Egypt it was told about the Four Sons, so too on Wall Street there are the Four Clients. (more…)

Three Business Principles Steve Jobs Lived By

January 14th, 2013|

I had the opportunity over the Christmas holiday to read the excellent biography of Steve Jobs by Walter Isaacson.  Mr. Isaacson does not sugarcoat Mr. Jobs’s personality.  Steve Jobs would have been an awful person to work for as he could either profusely praise his employees or call them a piece of sh**, sometimes on the very same day.  To say the least, Jobs was a very difficult person to be around.       (more…)