Three Obstacles to Reaching Your Financial Goals

Three Obstacles to Reaching Your Financial Goals by Jerry Dorfman, CPA, PFS We all have unique and personal definitions of what financial success means – from simply having enough money in retirement to leaving significant assets to future generations. But no matter the goal, three big obstacles may stand in the way. Recognizing them is the first step in overcoming them. You need a plan. There’s a nice song lyric in the musical South Pacific: “If you don’t have a dream, …


Deflated Balls and Inflated Egos

When I spoke at chapter meetings for professional speakers, and I was the most successful person in the room by a factor of 1,000, some people would say, “He’s really a consultant, you can’t judge your success against his.” When I spoke at consultants’ meetings with the same ratio, they would say, “He’s really a speaker, you can’t judge your success against his.”   This is how small minds react to excellence: find a way to discount it and pretend …



Aging Gracefully

Here’s what I’ve learned about aging gracefully:   It’s no big deal that you don’t even recognize the featured guest on a talk show or presenters at award ceremonies. They’ll be gone and replaced in a few months. You’re not losing your sense of humor or relevancy because you don’t think late night talk show monologues are funny. They’re not, and this is the worst bunch in memory. Not being able to recognize or name half of the cars you …


Alan’s Monday Morning Memo – 1/19/15

Alan's Monday Morning Memo

This week’s focus point: Some advice to ease your stress this week: When you hear an idea, don’t attempt to wrestle it to the ground and stomp it to death. Consider whether you can exploit it for your own success. When you plan the year ahead, “reserve” your vacations and family obligations first, then schedule your work around those dates. When you read an opinion you disagree with, have the maturity to move on without having to announce to the …



Loews Hotel Miami: Dumb Ass Stupid Management

I’m proud to award the Dumb Ass Stupid Management tin can to the general manager and his team at the Loews Hotel in Miami. Recommended to me, it was one of five properties I called to set up a meeting. The sales director who took my call (after the obligatory two transfers and identical questions asked by two different people) informed me that I’d have to pay for 2.5 days of “business parlor” space even though my meeting was only …


BOO!!

I live in Rhode Island, yet I was astonished to hear Denver fans booing Peyton Manning during the Bronco’s loss to the Colts yesterday. And now there should be a penalty for piling on, as the press salivates about Manning having to face retirement. At the outset of this season, quarterback Aaron Rodgers was questioned in Green Bay (to which he replied famously, “relax”) and Tom Brady was supposed to be over the hill in New England, where they also …


Alan’s Monday Morning Memo – 1/12/15

Alan's Monday Morning Memo

This week’s focus point: Yesterday, the New England Patriots overcame 14-point deficits twice in a game in which they didn’t lead until the final five minutes, and ultimately won only after the final play of the opposition failed. They did so because they never panicked, never made excuses, and continued to execute to the best of their abilities (in 12° weather). They didn’t claim the game was unfair, the elements were too tough, the breaks were going against them, they …


N.O.N.S.E.N.S.E.

I’ve mentioned quite often that my respect for someone’s expertise is generally in inverse proportion to the amount of initials after their name, magnified by the obscureness factor. I know what an MBA means, but CRQ-FB8 leaves me seeking a drink. The worst cases of depression after losing a job I’ve encountered are those in which the individual identifies with his or her title, and not contribution. Take away the business card, you take away the identity. Take away the …