Archive for January, 2010

Finance: The Pareto Principle

Thursday, January 7th, 2010

Anybody studying economics, business, or many other areas has heard of The Pareto Principle: the law that states that 80% of results come from 20% of effort. It is a common rule used in businesses to express that 80% of business will come from 20% of clients, and 80% of clients will come from 20% of marketing effort, and so on.

While not necessarily and inherently accurate, it can be used in a variety of situations to some degree of truth and honesty. One such situation is that of a very important sector in personal finance: saving money.

If 80% of your savings will come from 20% of what you do to save, then it is important to identify the 20% and do more of it, while discontinuing ineffective areas.

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What Does Music Do For You?

Thursday, January 7th, 2010

Music has become an important part of our lives over the millenia of our existence. Whether listening to the radio, buying a CD, or even just watching advertisements on television, music sets the background to our lives and works its way in wherever possible.

Whether relaxing or infuriating, all music has an effect on all people. So what does music do for you? Is it background noise that gets creative juices flowing? Perhaps it is a way to cool off after a long day of work. Maybe it helps you study and take tests by creating memories. Or perhaps you never listen to it too in depth to notice how it affects you. However you feel about music, share it in the comments.

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The Types of Yoga

Tuesday, January 5th, 2010
Yoga in the Middle East

Image by lululemon athletica via Flickr

Yoga, becoming increasingly popular in the Western world, is derived from the Sanskrit word for uniting or controlling. The practice has taken on many forms throughout the centuries and is now commonplace everywhere, including in the United States, where it was alien even a decade ago. Yoga is an excellent way to balance body, soul, and mind and many have taken it up. Perhaps you are considering it and do not know where to start. This is a rough guide to some of the terms you will see describing classes and videos and which you should choose for what purpose.

Hatha

Hatha yoga is somewhat of an umbrella term used to describe many different practices. It means nothing in particular in the United States, but if you see this label on a class, expect it to be slow-paced and easy-going. It is probably an introductory course meant for beginners, though anybody can take benefit from it.

Vinyasa

Vinyasa is also an umbrella term for many different postures. These classes are usually a little more intense, based off of Sun Salutations as a warm-up (before moving onto more intense stretches toward the end), and have movement based off of breath. Expect to get into very deep lunges and be prepared for a workout.

Ashtanga

Ashtanga, commonly mutated into “Power Yoga” in the United States, is a very intense series of poses, always completed in the same order. Each movement moves along quickly to the next, making this a very strenuous yet relaxing class. I do not recommend trying Ashtanga until you are comfortable with the movements of Hatha and Vinyasa, and you are very flexible.

Iyengar

This style of yoga is dedicated to positioning and alignment. Expect to hold a stretch for a prolonged time and the use of props to aid in correct posture to avoid injury. This is based off the teachings of yogi B. K. S. Iyengar.

Kundalini

This style is the one often seen in movies in which there is chanting. A more spiritually-oriented practice, Kundalini yoga focuses on freeing energy from your lower half and allowing it to flow upward through rapid and repetitive movements, rather than holding a posture for a prolonged period of time. This is somewhat similar to Qigong.

Bikram

Bikram yoga is often called “hot yoga” because it is performed in a room at a temperature of approximately 100 degrees, to allow muscle relaxation and purification through sweating. Bikram yoga is often an awakening and unique experience meant for those in good shape who can handle physical activity at such a temperature.

There are many other types of yoga, but these are the most common practices. Choosing which one to follow requires a little thought. Always be sure to attend more than one class before making a choice on which one to attend permanently, as sometimes one coach is better or resonates more with you than another will.

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Networking Like a Pro

Sunday, January 3rd, 2010

As any businessperson knows, networking is one of, if not the most, important activities one can undergo for career expansion. Learning who’s who and mastering relationship-building can be the qualification that makes or breaks a person in today’s rapidly-changing and rapidly-judging world. Sorority alumnae know that they have much better job prospects right out of college because of who they knew while taking classes – not how well they did. This article is about how to network like a professional – one of those people who always knows everybody, even before meeting them.

There is one main point you must know, and that is to always be networking. Every single conversation, hand-raising, sharing of personal experience, and discussion (or debate) must have networking at the primary goal.

Be Task-Oriented

Keep thinking that the point of every conversation is to build your network in some way. Perhaps you drop your career or new projects in conversations if you think they are relevant. Be sure to find out who else the person to whom you are talking knows, and address them later if you would like, opening the conversation with, “I spoke with your friend [John Smith] and he [or she] recommended you to me. Hi, I’m…”

Remember Your Manners

The key point of the above paragraph is to keep it relevant. To break this rule is to become rude. Also, always keep an open mind. While argument is allowed, sarcasm of closed-minded, blatant ignorance is not. Support your side fairly but also hear out the opposition, and you will make a friend. Remember: if you wouldn’t say it to your mother, don’t say it to anybody else.

Ask for Recommendations

If you have a problem or a solution you think may interest friends-of-friends, feel free to bring it up and ask the other half of the conversation whether he or she knows anybody who may be interested or who can help. This is a quick and easy way of building your network from just friends to including acquaintances and relevant strangers (which is suspiciously similar to a mailing list, only with a better chance of success as people like faces).

Say “Yes” Accordingly

If you receive an offer or are asked to perform a service, be sure to agree to it then and there if you ever plan to at all. Do not check your schedule. Do not say, “I’ll let you know.” I know from experience that people forget and get too busy. Make an obligation or tell them, “I’m sorry, but I have been very busy and will not have time to help you with this right now. You can try John Smith, or you can get back to me in a month when life has slowed down.”

It gets easier…

As you continue to network, networking gets easier. If you have built up rapport with your audience and you have a reputation worth spreading, people will begin to do your work for you, so long as you have not broken any of these rules. Expect to get calls from people who were recommended by friends-of-friends and people with whom you have never even spoke.

What are your tips for networking? How do you do it? Do you see the advantages – the greatness of your labor coming to fruition?

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Quote of the Month: January

Friday, January 1st, 2010

“The best time to plant a tree is 20 years ago. The second best time is now.” – Chinese Proverb

People regularly make excuses for why they cannot and will not do something that needs to be done. Crossing items off the to-do list becomes infinitely more complicated than it actually is when one simply does not want to do something, but cannot admit that to oneself.

Particularly susceptible to the curse of excuses are long-term goals – ones that will take weeks, months, or even years of dedication and steady effort. Learning a second language, getting into shape, and mastering balance are hard to complete and even harder to begin. Such is where the quote above comes in: true, it would be wonderful to have finished something by now. But the best alternative, and what we will focus on in this article, is to take a step toward completing your goal right now.

This quote makes many uncomfortable for a simple reason: it forces you to conjure into mind images of what should already be begun and over. It brings into sight great regrets that are overwhelming. I wish I would have tried harder in high school and that I had been working on getting into shape ages ago. I want a scholarship and a body which suits my strong will and tough mind. Indeed, we all have a goal we should have began working on ages ago that has no end in sight presently.

But perhaps one day, there will be an end in sight. Perhaps we will meet that goal. Would you prefer to meet that goal in a year or a year and a day? Begin today. Go do a couple crunches. Stop eating junk food now. Say no to slacking off and do something for money so you can start saving for retirement. Do it now. You will be much better off in the long run.

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