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Idea to Action

 - a newsletter for people who want to design their lives and small business

Issue 19

10 March  2011

Greetings!

In my talk entitled 'Find your own True Voice' I speak about several things, including  forgiveness, and I get a lot more questions about forgiveness than anything else that I speak about. In today's reflection I look at some of the beliefs that might make it difficult for you to forgive.
  
In the second piece I challenge you to look at how much it's costing you to give credit in your 'kabiashara'.  
  
  
Sincerely,
  
Jaki
  
Jaki
LifeSkills Coaching Consultants

 

IN THIS ISSUE
FORGIVING
MANAGE YOUR CASH FLOW
IDEA TO ACTION WORKSHOP
CALENDAR OF EVENTS
FORGIVING

 

IDEA TO ACTION QUOTE:  We attach our feelings to the moment when we were hurt, endowing it with immortality. And we let it assault us every time it comes to mind. It travels with us, sleeps with us, hovers over us while we make love, and broods over us while we die. Our hate does not even have the decency to die when those we hate die--for it is a parasite sucking OUR blood, not theirs. There is only one remedy for it: forgiveness - Lewis Smedes
  

letting go1Forgiving is one of the most profound ways to let go.

When you are hurt deeply, it can stay with you for a lifetime, holding you back from fulfilling your purpose.

A number of beliefs can make it difficult for you to forgive and move on.  Such limiting beliefs include:

1.       To forgive someone is to condone the behaviour that caused you pain.

It is important to understand that this is not the case. Sometimes it is even necessary to protect yourself from repeated hurtful actions. Still, you can separate the person from the act and forgive the person. If you could place yourself in the person's shoes and try to understand what might have led them to behave in the way that hurt you, then you will find that you develop empathy as part of the forgiving process.

2.       An eye for an eye.

Focusing on revenge drains you of positive energy and can drown you in bitterness and vengeance.  This is hardly the recipe for healthy relationships, or personal well being.

3.       You must speak directly with the person you need to forgive.

It is not always possible to see the person who hurt you, or even to talk to them about your feelings. If they have died you will never be able to do it.  You can still express your feelings by way of a letter that you write then destroy, or, if the person is still alive, you could send it to them.  The act of expressing your feelings may be enough to help you let go.

4.       Forgiving the other person will get them to change.

First, this is not the point of forgiveness.  It can change your life by taking away the power the other person wields over you.  It may influence the other person to change when they reflect on your compassion. It cannot make them change.

5.       When you don't forgive the other person feels bad.

In fact, it is you who relives the hurtful moment over and over, feeling the pain again and again.  Forgiving is not about the other person, it is about you.

What if you just can't forgive someone?

Getting to forgive someone can be a challenging task. If this is your struggle, try journaling about the hurtful behaviour, speaking to a trusted objective person, meditating about it, or praying about it.  It may help to reflect on times when you have hurt others, or when you have received forgiveness.

What if you are the one that needs forgiving?

You could seek out the person you hurt and express your sincere regret without making excuses. Or you could write the person a letter. This, however, does not guarantee you forgiveness, as the prerogative to forgive, or not to forgive,  lies with the person you hurt.  

MANAGE YOUR CASH FLOW

IDEA TO ACTION QUOTEYesterday is a cancelled cheque. Tomorrow is a promissary note. Today is cash - author unknown

 

 

moneyThe importance of cash to a business can hardly be overstated. It allows the business to survive and prosper. It is the primary indicator of business health. A business can survive for a short time without sales or profits, but without cash it will die. This is why the inflow and outflow of cash, or cash flow,   needs careful monitoring and management.

 

How do you know your cash flow is okay?

 If you are managing your cash flow properly you are able to pay your bills on time, regularly. It means enough money is coming in on time for you to meet your recurrent bills. 

Offering credit terms to your clients can have serious impact on your cash flow, and requires careful management. A lady I know was upset last week because someone she had sold clothes to had not paid.  The lady seller was forced to go to her customer's house severally before she finally recovered her money.  When she calculated the cost in terms of phone calls to the debtor, as well as fare to the house, she realised she had not made a profit on her sale. In effect, she had sold the clothes below cost.

I know several people with small 'biasharas' who give credit to many of their customers. If you are one of these people consider the cost of this credit and ask yourself if you are really profitable. There is a cost to collecting debt.  Have you factored it into your cost structure?

What's the difference between cash and profit?

 

Profit is the difference between the total amount your business earns and all of its costs. So when assessing the cost of credit list all the ways in which you spend money chasing after debtors, including phone calls and additional cups of coffee complaining to a friend.

It is possible to have a good profit over a period, yet still face times when you are strapped for cash.

To be profitable and  able to grow your business effectively, you need to build up cash balances by ensuring that the timing of cash movements puts you in a positive cash flow situation overall. This means having more money coming in than flowing out.

Bear in mind that having a lot of cash in your bank does not necessarily make good business sense. If you do not need to use it immediately, put spare cash into an account where it will earn a higher rate of interest, or use it as capital for short-term investments.

 

If you would like me to speak to your chama book here.

IDEA TO ACTION WORKSHOP

Do you want to

 

  • Take charge of your imagination?
  • Give purpose to your ideas?
  • Vision your idea to reality?

 

Then register  for the Idea to Action Workshop  

 

Date:   Saturday 2 April  2011

Place : 1st Floor Luther Plaza

Time: 9.30 am to 12.30 pm

 

Your investment: 2850/= including  workshop materials, snacks and parking.

 

 

CALENDAR OF EVENTS

 

 

 

 Dec workshop

  O2  April 2011

 

 Idea to Action Workshop

  1. Take Charge of your own imagination
  2. Give purpose to your ideas
  3. Vision your ideas to reality   

 Register Here to participate

 

 

07 May 2011

Needs and Values Workshop

Register here to find out more

 

 

June - Aug: Coaching Group: Communicate your way to Happiness

Register here to find out more 

 

 

Look out for International IDEA TO ACTION

WORKSHOPS IN 2011