Psyching yourself up for investment
The Advertiser,
published Monday, 30 March 2009
Staying positive and inspired in tough economic times is essential, says author, international speaker and business coach Shivani Gupta.
People need to change their mindset from "survive" to "thrive" or perceptions might become reality and they might not make it through, she warns.
Ms Gupta, formerly of Adelaide and now the director of coaching and leadership firm Passionate People, shared some of her tips to stay focused and inspired during the financial markets downturn.
"Invite people into your life who can help you become a better money manager," she said.
Investors should not be afraid to be adaptable, revise their budget and revise their projections "so you are being real and not living an illusion about your finances."
"People in your life are energised by you and your attitude. If you are uninspired and being negative and being negative about the changes in the economic climate, people will follow you and become negative.
"In these times, staying inspired is important, so look for other role models who are inspiring to you.
"I came across a fantastic slideshow on leadership lessons by the inspirational US President, Barack Obama. My key takeaway for the current climate was staying calm under pressure."