Written on Wednesday, April 16th, 2008 at 11:39 am by Christiane
Struggling with weight loss, exercising more, eating healthier? Are you still holding on to your New Year’s resolutions, but just barely? Wait, before you give up. Signing up at stickK.com maybe the solution you have been looking for.
The website offers support for those of us with willpower issues when it comes to achieving our personal goals:
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stickK is a web-based company that helps you achieve your personal goals through “Commitment Contracts.” You create a contract obliging you to achieve a specific goal within a specific time-frame. By doing so, you put your reputation at stake. You may also choose to wager money to give yourself added incentive to succeed. If you do succeed, you get your money back. If you fail, the money is forfeited to charity, or to one of several causes, or to a person of your choosing.( http://www.stickk.com/faq.php)
The contracts follow the principle of setting SMART goals (read about SMART goals: http://www.coach4u.net/blog/smart-goals.html)
To increase the incentive to reach your goal by putting up money, you can choose an Anti-Charity where your money would go to if you fail. An Anti-Charity is any organization/person whose goals you strongly oppose. Let’s say, if you feel strongly for Hillary, pledge your money for Obama or McCain, whoever is your least favorite candidate, and vice versa.
If you decide to put money at stake, your credit card will be charged for the full amount when you create the contract. The site also encourages its users to name a referee who acts as overseer and the site also offers the possibility to designate supporters.
Does it work and really increase your chances of achieving your goals? The website creators, two Yale professors and a student, of course say yes:
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The Commitment Contract concept is grounded on two well-known principles of behavioral economics: (1) people don’t always do what they claim they want to do, and (2) incentives get people to do things.(http://www.stickk.com)
A few months ago, I wrote on this blog about a British research study about the success rate for New Year’s resolutions. (http://www.coach4u.net/blog/only-12-of-new-years-resolutions-successful.html). One result of the study has been that particularly women increase their chances of achieving goals by telling others about them. So, yes, stickK.com could be the solution for some people.
And if a public commitment contract, money at stake, referee and support network still are not enough, then – I believe – it would be really time for hiring a professional life & career coach like me; don’t you think?
Tags: anti-charity, charity, coach, Coach 4 U Blog, coach4u, coaching, Commitment contract, goals, internet, money, personal goal, pledge, SMART goals, success rate, wager, web
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Written on Wednesday, January 16th, 2008 at 5:15 pm by Christiane
Cancer researcher Judah Folkman has died. Folkman was a visionary who for more than 30 years pursued his idea that cutting off a tumor’s blood supply would stop cancer growth. Today, more than one million of cancer patients are being treated with medication based on his groundbreaking research.I’m writing about Folkman because his life and work demonstrates that success often requires sticking to ideas even in the face of skepticism and criticism. When he first proposed his ideas about cutting off the blood supply his colleagues didn’t take him seriously. Cancer research in the 70s focused on improving chemotherapy drugs. But Folkman didn’t give up on his idea to swim with the mainstream. Instead, he pursued it with great determination even though his own experiments didn’t always deliver the results he had hoped for. It eventually paid off and in 1998 the Ney York Times celebrated him on page one as the man who could cure cancer. Though these hopes were too high, drugs targeting a tumor’s blood supply are today a fixed part of many treatment plans.
Secret of success
In my opinion, Folkman’s story highlights one of the biggest differences between successful people and less successful. It’s often not about skills, talent, knowledge, power or money. The difference is in the degree of determination and persistence. I read in Folkman’s obituary in the Boston Globe that he liked to joke “if your idea succeeds, everybody says you are persistent. If it doesn’t succeed, you’re stubborn”.
The thing is, many people with good ideas give up because they are afraid of being perceived as stubborn.
No such word as ‘failure’
According to the same obituary a friend said about him, that there was no such word as defeat in Folkman’s lexicon. A setback like an experiment with inconclusive results was only a learning point. Relentlessly, Folkman tried again with new experiments to prove that cancer growth can be stopped by cutting off the blood supply.
This is the second secret of success: the ability to view failure only as a temporary setback. On the long run, each failure offers the possibility to learn from it and thus gets you one step closer to your goal.
Experience success through the assistance of a life coach
Not many people have this ability, and exactly here a life coach could help. A life coach provides support, offers feedback, designs with you a plan how to achieve your goal and will help to refocus in times of temporary setbacks.
Most importantly, a life coach will help you to silence your “inner critic”; it’s this voice inside your head which most of us know too well: “You are not good enough; nobody cares; who you think you are?” The road to success is rocky enough without the added burden of the inner critic.
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