Instability Creates Winners
October 4, 2011
Every crisis will always expose the proper leader to deal with the crisis. In fact, it will also expose the WEAK leader who cannot deal with the crisis at hand. In today's fast-paced and highly volatile career world, how do you deal with reality on a day-to-day basis?
Anytime you have witnessed a tumultuous period either in your life, or a friend's life, you will see something happen. Leaders rise to the challenge. You will see someone step up who does not require STABILITY in order to function. There are simply people who are better equipped than others to deal with (and get through) a crisis. They are more prepared to deal with whatever comes at them. So much so that it almost seems as if they thrive on INSTABILITY.
Thriving on instability is a great attribute to add to your list of career assets. Since today's world is in a constant state of change, flux, crisis and difficulty, the LESS those things affect you personally, the MORE effective you are going to be in today's world, and in today's career setting as well. You will think ahead, plan for anything, and be ready.
Those that are easily "freaked out" at instability will be the ones who will be going through the most suffering. In an environment of continuous change and shakeups, if that bothers you, it will be a difficult road indeed.
CRISES BUILDS CHARACTER
Going through a crisis helps many folks see that, yes, they had something in their character that they didn't know: Grace under fire. As the world seemingly crumbles around them, they hang in there and remain calm in order to think clearly.
I love to watch the stock market make the wild swings from up to down, the "rollercoaster" effect. In 2009, as you may recall, the market was swinging Dow 900 points in a day. The VIX (Volatility Index) tracks the base volatility of the broad market every day. As the Volatility INCREASES, so do shares of the VIX. Those that freaked out SOLD.
Those that saw clearly what was happening waited for their moment and BOUGHT. A lot of personal fortunes were made during that exact time by people who saw it as an OPPORTUNITY rather than something that required a FREAK OUT response. One of the most tumultuous periods in American market history produced some of the greatest benefits to the cool-headed investor.
FREAK OR BENEFIT?
In the future, markets will crash again, instability is bound to occur, your career will change, and markets will make meteoric rises. Will you freak out, or will you try to figure out how YOU can benefit from whatever the situation happens to be? You may not be able to control ALL conditions, but you can control HOW you REACT to all conditions. That is 100% fact and is up to you.
Are you "exposed" in a crisis as someone who freaks out or can't handle the task at hand? Or are you someone who can deal with whatever comes at you? Do you have the character to weather any storm? By being the cool headed, clear thinker in any crisis - be it career or otherwise, you are miles ahead.