Posts by Evan Tarver

Get Comfortable Being Uncomfortable: A Step-by-Step Guide on Uncomfortability

People typically want to avoid being uncomfortable. To many, achieving a “comfortable life” is the highest goal possible. However, contrary to popular belief, being uncomfortable is actually an integral part of goal achievement. It’s impossible to achieve a goal – even the goal of comfortability – without some level of uncomfortability. For this reason, it’s best to get comfortable being uncomfortable.

To help, this article discusses the reasons why uncomfortability is part of goal achievement, including steps to embrace and overcome your own uncomfortability. By the end, you should look forward to the feeling of uncomfortability and be able to use it to your advantage.

Being Uncomfortable is Part of Goal Achievement

If you want something, you have to go through some level of uncomfortability to get it. It’s cliche to say, but anything worth having is going to be hard to get. If it was easy it wouldn’t be worth it in the first place.→ CONTINUE READING

Learn About the Top 5 Digital Trends Affecting the FinTech Sector

This is a syndicated post originally written for the technical consultancy Cohaesus

Once upon a time, the fintech industry was a trend all by itself. It started with peer-to-peer payment companies like PayPal, and before long the fintech sector was a legitimate and market-moving industry. Today, the fintech industry has proliferated into many smaller trends, which include online lending, digital banking, algorithmic-based investing, and more.

However, there are 5 specific digital trends that are changing the fintech sector with more speed than any others. In fact, these 5 trends extend beyond industry borders and are redefining the way companies do business and the way consumers interact with brands as well as each other. Below are the top digital trends that are altering the fintech sector.

1. Decentralised Blockchain Technology

The use of blockchain technology is the most important trend that’s changing the fintech sector. This is because blockchain isn’t confined to a specific niche but is instead a form of decentralised technology that will soon power most of the fintech industry and beyond.CONTINUE READING

Startup Mindset: How Large Corporates Succeed With a Lean Mentality

This is a syndicated post originally written for Cohaesus, one of my clients.

The “startup mindset,” once a contrarian way to approach business, has become the norm among successful companies. What began as grit and determination among small companies is now something businesses of all size try to foster.

Thanks in large part to new and innovative companies like Facebook, Airbnb, WeWork, and more, the startup mindset is now entrenched in the modern business lexicon. Those who can adopt a startup mindset are more likely to reduce overhead, increase revenue, better the customer experience, and hire top talent. Those who don’t are commonly left in the dust.

And while the startup mindset is often thought of as an agile tech term, older and more established corporations are taking advantage of the lean mentality. To ensure you stay up to date with these trends, we’ve written an article that discusses the new ways companies are approaching their product and service propositions.CONTINUE READING

Probability of Success: Increase Your Success Rate with the Quantum Rails Theory

A probability of success measures the likelihood that a desired outcome occurs. Specifically, probabilities of success calculate the odds that you’ll experience a reality in which your desired outcome happens. For example, if you bet on heads and flip a coin one time, you have a 50% probability of success – a 50% chance of living your desired reality.

However, a probability of success isn’t that simple. Consider what happens when you bet heads 4x in a row and flip 4 coins. What are your probabilities of success? You might be quick to say 6%, but you’d be wrong. This is because according to theories of modern physics, every possible event happens simultaneously (seriously), but you only experience one of them.

Therefore, probabilities of success don’t measure the likelihood of a desired event happening but rather the likelihood of you experiencing the reality you want, given that all possible events occur simultaneously.→ CONTINUE READING

Types of Goals: How Our Goals and Objectives Dictate Happiness

Contrary to what people tell you, there are infinitely many types of goals in life. Each one is right for only a few individuals. However, these goals can all be put into two broad categories: higher-level goals and lower-level goals. And while higher-level goals might seem better, lower-level goals are, in fact, more important for everyone.

This is because the achievement of “lower-level goals,” when compared to “higher-level goals,” more often result in sustained feelings of happiness and fulfillment. In this article, we’ll discuss the different types of goals, including what they are, where they came from, and how we can set the right ones. The end result should be more joy at lower levels of output.

Different Types of Goals

A goal can be defined as an object of a person’s ambition or effort. It’s the desired result of someone’s intentional action. Of course, a person’s ambition, effort, or action can be limitless, and so too are the types of goals that people set.→ CONTINUE READING

Time Allocation: The Delicate Art of Saying No vs. Saying Yes

Time allocation is the act of dividing your daily, weekly, and monthly hours between different sets of activities. Typically, a person has constraints around their time, such as work, the needs of family and friends, and vacation days. Effective time allocation works around these constraints in order to achieve a person’s ultimate goals and desires.

However, there’s an issue with time in that there are only 24 hours in a day. This forces people to allocate a limited number of hours between personal time, family and friends time, and work time. However, a person’s time allocation often skews more towards work than towards personal time and/or time spent with friends and family.

The result is that people spend a disproportionate amount of time trying to make money. They think that “effective time allocation” means putting more money in the bank. This isn’t true. In fact, greater current and future value can be yielded from other activities.→ CONTINUE READING

The Passion Problem: Does Anyone Even Know What Passion Means?

Everyone says that they want to find their passion. People believe that they’ll be happy if only they could figure out what made them passionate. If you ask anyone about their highest-level goals, they’re sure to mutter something that includes the word “passion” and “quest.” But does anyone even know what passion means?

We have a systemic problem on our hands. We’ve been taught that we should all search for our passions, and yet at the same time, we’re unable to accurately define “passion.” What makes one person feel passionate won’t necessarily make someone else feel the same way. There’s no standard model that tells us what passion is, why it’s important, and how to get it.

And yet still we listen to the self-improvement gurus and “try to find our passion.” The result? An entire generation of people chasing goals that aren’t definable and who place their happiness on a future that’ll never exist.→ CONTINUE READING

Rich vs Wealthy: The Key to Building Wealth The Right Way

Everyone says they want to be rich. However, what people really mean is that they want to be wealthy, they just don’t know it. You see, there’s a difference in being rich vs wealthy, and choosing one over the other matters.

The key to building wealth isn’t a desire to become rich. In fact, it’s quite the opposite. Because while “big ballers” talk about being filthy rich and blowing cash, smart people are quietly building sustainable wealth in the background. This is due to the fact that true wealth is created using three distinct strategies.

Rich vs Wealthy

To help you build wealth the right way, this article discusses the differences between “rich” and “wealthy,” as well as the three things you absolutely must do if you want to become wealthy. If you already understand why it’s important to be wealthy over rich, you can jump right down to the section on the keys to building wealth.→ CONTINUE READING

Startup Liquidity Risk: Use Customer Cash for Your Financing Needs

This is a syndicated post originally written for Xcelerate Financial, a fully outsourced CFO and accounting firm for startups and entrepreneurs:

Liquidity risk is always a concern among startup companies and business owners. A common problem facing small businesses today is a lack of financing. In fact, a recent survey conducted by the Federal Reserve found that as many as 44% of all small businesses have trouble finding adequate funding.

What’s more, for companies doing less than $1 million in annual revenue, the need for capital spikes to more than 65% of all small businesses. And sadly, only 45% of all small businesses with revenues below $1 million were able to get financing from traditional banks, lenders, and through other normal means.

What this shows us is that small businesses are in dire need of capital. But we already knew that, didn’t we?

For a young company looking to grow, this lack of capital financing has led to increases in “startup liquidity risk.” However, while it may seem nearly impossible to get a cash injection from debt or equity financing, it’s possible for companies of all sizes to plug funding gaps with customer cash.→ CONTINUE READING

Stop Being Self-Conscious: Make Your Self-Consciousness a Strength

It’s funny that the act of being self-conscious is considered a bad thing. “Stop being self-conscious,” people say, as if to chastise us for being overly self-aware. “Why am I acting so self-conscious?” we ask ourselves, lamenting the fact we care too much about what other people think.

But couldn’t self-consciousness be a good thing? Rather than thinking that you need to stop being self-conscious, can you turn your self-consciousness into a positive?

If you think about it, no one should be afraid of feeling self-conscious. Self-consciousness is synonymous with self-awareness and should be something we strive to attain, not something we shy away from.

It’s time we flipped the idea of self-consciousness on its head. We need to stop being self-conscious in the modern sense and start being more self-conscious in the traditional sense. If we can, we can make the act of being self-conscious an advantage, rather than the deficiency it’s considered currently.→ CONTINUE READING