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Last Updated on January 12, 2021

Greed Is Something We Should All Strive For

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Greed Is Something We Should All Strive For

Most of us don’t want to be called “greedy.” Nobody wants to be the person who fills his plate and leaves others hungry or the person who waits for relatives to drop dead so he can get an inheritance. Greed reveals a darker side of human nature.

There are 2 sides to every coin, though. Could there be a positive side to being selfish?

Greed exists for a reason

When someone is uncomfortable with personal security, their anxiety may manifest as greed. This anxiety may stem from trauma or neglect. For example, a person who grows up not having enough to eat may hoard food and overindulge in adulthood.

In addition to anxiety, many greedy people have self-esteem issues. A child who doesn’t get enough attention grows into the adult that must be in the limelight. People who are insecure about their purpose in life sometimes tie their self-worth to having an abundance of items. Stuff is no substitute for being loved, but the person may feel a temporary sense of comfort from material possessions.[1]

With all the negativity in the news, people feel threatened more than ever. You may have noticed an uptick in greedy behaviors as we all grapple with uncertain times.

We can understand why someone behaves this way, but it doesn’t make us like greedy people more. Even if you know why your friend always takes too many slices of pizza, you’ll still be hungry.

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Taking too much harms others

Taking more than you need might not sound bad, but greed ca be negative for others. Look at what happens when the weather service forecasts a major storm. People panic, and instead of buying what they need, they clear the store shelves. The people who arrive late aren’t able to buy anything because there’s nothing left. Greed may be great for the economy, but it doesn’t do much for the human beings on the losing end.

Broadly speaking, when people fixate on hoarding objects or satisfying a desire for more stuff, they miss out on the richness of life. The person will almost never be satisfied, and after they get what they want, they’ll be on the prowl for the next big thing.

Many people realize they’re being greedy and hide who they are. A person who craves having power may become a politician. To do this, he may have to deceive others and craft a persona that will afford him what he wants. He may say–and even believe–that he wants to help others. He may champion the underdog and speak out against the power-hungry even as he lusts for power himself.

Greed doesn’t have to be terrible

Greed can serve a positive purpose in some contexts. One positive is that it’s a form of motivation. Greed inspires people to push for better social and economic outcomes than they have.

Altruism is a better force for creating positive change, but it takes time to develop it. Greed readily dovetails with consumerism. Our society is built on and supported by greedy behavior, whether or not we like it. The quest for more and better stuff has driven societies to the highest levels of achievement.

Societies that try to function without greed and hierarchy dissolve into chaos. Having a hierarchy naturally causes inequality, but people with more power often take actions that improve our lives.[2]

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Over two centuries ago, Adam Smith, economist and philosopher, explained that individuals who acted out of self-interest would be supported by the economy and make society better. The greed behind capitalism may seem unattractive, but the results are often desirable.[3]

We saw examples of this prosperity in the US in the 1980s and 1990s on Wall Street. Productivity was high and unemployment rates were low. The stock market made many investors wealthy.

When the dotcom bubble burst and the value of shares dropped, people realized that greed has its limitations. In 1999, American households had a net worth-to- income ratio of 6.3. It has since fallen to 5.3. Even though we’re still doing better than our long term average, we’ve seen a decrease in quality of life across a large portion of the middle class.

Optimistic investors feel that this is part of the natural ebb and flow of the market, but perhaps this downturn was a warning about going for things well outside of our means.

Can it really be bad for us to recognize our limits and live in accordance with needs instead of wants?

Use greed to your advantage

1. Recognize the root of your greed.

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Greed may be a sign that you have some insecurities to work through.

Someone who constantly has to shop may be trying to fill an emotional void or insecurity with stuff. If you find yourself loading your shopping bags every week, think about why you’re doing it. You may even need to seek professional help to deal with these issues.

2. Use greed to drive change.

Greed motivates you to climb the socio-economic ladder.

The unhappy person can change their life. If you’re unsatisfied with your quality of life, your desire to accumulate things could be a sign to get a better job or capitalize on an idea.

3. Sharing is caring.

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If your desire for more things ends up making you wealthy and successful, use your power to look out for others.

When you’re top dog, you have a great opportunity to give back. Look at the philanthropic work people such as Bill Gates and Oprah Winfrey do because they have the means.

Following these steps gives you a chance to reflect on yourself and affords you a opportunity to make the world better.

Flip the notion of greed on its head

Most of us possess a basic drive to want things that we don’t have. Instead of viewing this as a negative mindset, see it as an opportunity to improve your life and the lives of others.

Featured photo credit: The Digital Artist via pixabay.com

Reference

[1] Psychology Today: Is greed good?
[2] Time: Greed is Good: Science Proves It
[3] The Economist: Is Greed Good?

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Anna Chui

Anna is the Chief Editor and Content Strategist of Lifehack. She's also a communication expert who shares tips on motivation and relationships.

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Published on October 14, 2021

How to Silence the Impostor Syndrome

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How to Silence the Impostor Syndrome

Do you ever worry about being exposed as a “fraud?” You’re not alone. It’s actually quite common for people to feel like imposters. In fact, approximately 70 percent of people admit to having experienced impostor syndrome[1] at some point in their lives — a Twitter poll found that 87 percent of people have experienced this.[2] Even successful and famous people like Tom Hanks, Howard Schultz, and Natalie Portman suffer from imposter syndrome.

But, what exactly is imposter syndrome. And, more importantly, how can you silence it?

Originally coined in 1978 by psychologists Pauline Rose Clance, Ph.D., ABPP, and Suzanne Imes, Ph.D., the term “impostor syndrome” describes symptoms that include being unable to internalize accomplishments and being afraid of being exposed as a fraud.

The individual may also be plagued by chronic self-doubt and believe that they’re unqualified for success despite evidence to the contrary. Inadequacies, fears of failure, and disbelief that success is a matter of luck or timing are also common.

If you don’t address this phenomenon, feeling like an impostor can prevent you from achieving ambitious goals. Moreover, those experiencing these feelings tend to over-prepare or procrastinate — which obviously hinders productivity and reaching goals. And, as if that weren’t bad enough, imposter syndrome prevents you from pursuing new challenges and opportunities.

Do you feel like you’re suffering from impostor syndrome? If so, don’t beat yourself up. After all, there are effective ways to overcome these feelings in a healthy and proactive way.

1. Don’t Hide It.

“Firstly, acknowledge it,” advises Claudine Robson,[3] the Intentional Coach. “You give strength to imposter syndrome by letting it continue to peck away at your confidence unchecked.” It can only be banished if you acknowledge it as soon as possible and break the silence.

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“Then you need to separate your feelings from facts,” Robson adds. “One thing imposter syndrome does very effectively is to mix up your perceptions of reality.”

If you can, take a step back and look at the situation objectively. “Recognize when you should — and when you should not — feel fraudulent,” she says. Appreciate and acknowledge the task, intellect, and insight that have led to your success.

You might even be able to take action by recognizing that the reason you feel fraudulent is that you’re new to a task. “That gives you a path forward; learning is growth, don’t deny yourself that.”

2. Implement the STOP Technique

In her book Cognitive Enlightenment, Melinda Fouts, Ph.D., outlines a technique to overcome imposter syndrome using what she calls the STOP technique.

“STOP is an acronym for ‘silence the oppressive player,” Fouts explains in Forbes.[4] “You need to eradicate this tape that is playing 24/7, whether you are conscious of it or not. It plays loudest when we are tired, hungry, or feeling defeated.”

Steps to implementing the STOP technique and rewiring your brain are as follows:

To replace the tape of not good enough, you need a “launch sentence.” “I’m more than good enough” would is an example of a solid launch statement.

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Put your launch sentence in prominent locations, such as your car’s dashboard or computer. How come? The reason is that as the tape plays, you won’t be able to remember your launch statement.

Continue to say “stop” until you recall your launch sentence, says Fouts.

Put your launch sentence into your own words and pontificate.

While going about your daily tasks, like while driving or exercising, practice your launch sentence so you can recall it when you need it in the future.

“I am told this sounds simple and it does,” she adds. However, this technique is challenging when your negative tape is playing. You will not want to replace the tape every day while your brain is rewiring itself. “It is these moments you can’t give up.”

3. Distinguish Humility and Fear

When it comes to hard work and accomplishments, there’s humility, and then there’s fear. In other words, having a high level of competence can lead one to discount its value occasionally. However, as Carl Richards wrote in an article for the New York Times,[5] “After spending a lot of time fine-tuning our ability, isn’t it sort of the point for our skill to look and feel natural?”

The problem is that we feel unworthy from time to time. But, as Seth Godin explained in a blog post,[6] “When you feel unworthy, any kind response, positive feedback or reward feels like a trick, a scam, the luck of the draw.”

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Feeling worthy without feeling entitled is possible. And, finding the right balance between them is critical for overcoming impostor syndrome. “Humility and worthiness have nothing at all to do with defending our territory,” Godin continues. “We don’t have to feel like a fraud to also be gracious, open, or humble.”

4. Keep a “Brag Sheet”

When you were sending out college applications, did you build yourself a “brag sheet?” If not, here’s a clean description from Shawna Newman,[7] “A brag sheet is very similar to a student resume – it highlights your accomplishments, key experiences, leadership skills, and employment throughout your secondary education.” In short, “it’s a quick reference guide with all the details and achievements for someone trying to get to know you better.”

While it may be awkward at first, you can apply the same concept when coping with imposter syndrome. Just compose a list of your accomplishments, activities, skills. That’s it. Just remember Godin’s advice and also be humble and gracious.

As an added perk, besides being an effective way to talk myself up, I’ve also found that this has helped me stop comparing myself to others. Instead of harping about other people’s milestones, I’m honing in on what I’ve done.

5. Celebrate Wins, Period

Speaking of accomplishments, they shouldn’t be categorized as small or big. After all, you feel as if you don’t belong when you have imposter syndrome. So, the more you celebrate your wins, the more confident you’ll become.

Furthermore, accept compliments without qualifying them and practice listening to praise every day. Finally, become kinder to yourself by saying at least one kind thing to yourself daily. And, give yourself a well-deserved pat on the back.

6. Assemble a Legion of Superheroes

“You know how corporations have a board of directors to — in theory — make them stronger, maintain checks and balances, leverage resources, and help advance the organization’s vision?” asks inspirational speaker, speaking coach, and creative consultant Tania Katan.[8] “Why not assemble your own board of directors to leverage resources to help make your career stronger, keep you in check and balanced, and advance your vision?”

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“My friend Alison Wade, president of conferences, training, and consulting at Techwell, calls her personal board of directors her “front-row” — those are the people she invites to sit spitting distance from the stage, cheer her on, challenge her, and review her performance,” Katan writes.

As for Katan, she calls hers a “legion of superheroes.” The reason? “I dig the idea of joining forces to do good in the corporate galaxy.”

It’s important to have a diverse group of individuals who will defend you. Ideally, they should be varied in all dimensions, such as cultural background, way of thinking, and skills.

Katan recommends that you meet together frequently, whether if that’s once a week or every quarter. “Share your experiences, fears, creative ideas, aspirations,” she adds. “Celebrate each other’s accomplishments.” You also need to both support and challenge each other. “Discover what you are capable of doing when you combine your powers.”

7. Visualize Success

Follow the example of a professional athlete by imagining yourself crushing that presentation or project. You’ll enjoy the relief from performance-related stress. And, more importantly, it can help you avoid focusing on the worst-case scenario.

Final Words of Advice

While there’s no single formula to cure imposter syndrome, the tips listed above are a start. After all, your success depends on your ability to fight the negative effects of it. For example, feeling unworthy over time can lead to crippling anxiety and depression if left untreated.

If you’ve tried the above, then make sure that you speak to someone about what you’re experiencing, whether it’s a mentor, peer group, or licensed professional. And, above all else, there’s a place at the table for everyone — no matter what your inner voice is telling you.

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How to Silence the Impostor Syndrome was originally published on Calendar by John Rampton.

Featured photo credit: Laurenz Kleinheider via unsplash.com

Reference

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