Construction

Construction *Ahem*. When I applied to MIT, I put down on my application that my probable choice of major (or however it is they ask you what it is you want to do) was mechanical engineering. I liked to build things and create things, and I thought that led me to being a mechanical engineer. Fast forward a year, and Ive had some new thoughts on the matter. Ive always enjoyed making things; that hasnt changed at all. This summer, for example, I built a bike. Working at MITERS, one of MITs student groups which I believe Ive mentioned before (and will someday blog about), I decided that I wanted to have a bike for when I came to campus in the fall. I didnt want to bring the nice bicycle I had at home, which my grandparents had given me my freshman year of high school; everybody had told me that living in the city, youd have a bike stolen at least once if you were lucky. However, I didnt want a piece-of-trash bike with a rusty chain and a metal post for a seat (ouch). I wanted something nice, something snazzy, something that I would still enjoy. I didnt want to spend a ton of money, so I set about trying to acquire something meeting all those criteria, on the cheap. Yeah, Im picky. One day this summer, the very-much-publicized Charles Guan sends out the following e-mail: 3 bikes in mostly good repair on the loading dock. also, someones nuclear apocalypse survival kit complete with soviet literature and yellow bunny suit. but i already claimed that. get the rest y/n -c Score! A few e-mails later, and Charles snagged one of the bikes for me. That afternoon, I came by to check it out: an older, Ross-brand single speed bike, with a kickin retro seat and a basket on back. I liked it, but wanted to touch it up. I began by stripping the paint, painting it blue, and failing at putting it back together again: (I couldve sworn there were more parts in the front fork Gremlins mustve taken them.) Oh. Also, I soon came to the (aided) realization that I had a womens frame. With my masculinity feeling threatened (and the frame being too small for me), I set about acquiring a different (but used, cheap) frame. Fast forward a medium amount of money, a lot of time digging around a *bike graveyard* and in the bike store, and I had most of a bike. I ended up with a maroon frame, sweet plain handlebars, the old seat, and a really nice 3-speed gearbox. Because I was building the bike, and because it sounded like a really cool idea, I didnt want lots of sprockets and tensioners and shifters; I opted to buy a wheel with a planetary gearbox in the wheel hub, which gave me three speeds with no shifting roller chain. (Fyi, three has proven more than enough for the city) Some elbow grease, some bearing grease, and some pizza grease (from Chicago Pizza) later, I had a bike. Wewt. (Note: I know that when I talk about this as building a bike, it really means that I just assembled a bike from mostly junked but already-existing bike parts. Nothing too impressive; however, there are some people at MIT whove actually designed and built bicycles from scratch, and thats pretty cool). Where am I going with this? Hang on, Im almost done. This semester, after finishing my critically acclaimed (what does that even mean?) fork, I decided in my freshman seminar that I wanted to build a steel table. It took three+ weeks of forging (working a few hours a week), which make for a fairly boring story, so Ill only share the end result with one awesome detail: when I finished making the table, from 18 feet of steel rod, we put a piece of sheet steel on it as a test surface. Instructor and general cool-dude Mike Tarkanian took out his iPod Touch, and took me by surprisre: he bought an app, on the spot, that would use the iPods built-in accelerometer as a surface level for the table. As much as I am *not* an Apple fan, I thought that was pretty awesome. Also awesome was that, through eyeballing my handiwork, I had built the table to within 1.3 degrees of level (referenced to the floor). Woot! Anyway, here it is; the picture was taken in a bathroom because I wasnt sure where I could find a nice backdrop for a test shot. Also, the glass top is borrowed; I havent bought one of my own, yet. Anyway, what does this all come down to? The reason I enjoyed building this table, the reason I enjoyed building my bicycle, and the reason I enjoy using linux not Ubuntu-everything works and looks shiny!-linux, but darn, I have to compile drivers again, this sucks-linux is the reason I thought I wanted to be a mechanical engineer. I do like building things, but I like building them because I want to be a part of the creation process, I want to understand and have some part in the things around me. I like customizing things, I like doing things the hard way, and I like taking things apart even when I cant put them back together; I like all this because I like to create. I dont know yet if that means creating things in the mechanical realm, as a choice of course 2 for my major would suggest, or in other fields perhaps algorithms? but I do know that I like to take the hard way, often for less effective results (the chain fell off my bike while I was riding it, a while back, putting me on crutches _), and I know it is that quality that will lead me to whatever major I do choose to pursue here at MIT. In a less overarching sense, though, that has some consequences for the present: During my first few weeks at MIT, both of the (old) laptops I had brought to campus broke (A three-year-old Compaq Id bought in high school, and a $140 tablet Id snagged on ebay at the start of the summer). Although Ive been getting by on a netbook since, an Eee PC does not make for a good primary computer. Time to get building! Till next time, -Cam [Sneak preview: Next week may be some of my thoughts about the college essay, although those thoughts do not reflect any opinions of the MIT admissions office (blah, blah, blah). This is for you, regular-action procrastinators!] [Of course, it may not be, if I decide to write about something else. I change my mind often.]

Essay on Ischemic heart disease

Essay on Ischemic heart disease Ischemic heart disease (IHD) is a disease characterized by disturbance of blood supply to the heart due to narrowing and occlusion of coronary artery with atherosclerotic plaques. As a result of progression of atherosclerosis vascular lumen is gradually decreased, and as a result, blood flow to the heart is slowed down, whereby the myocardium (heart muscle) loses the necessary power. Risk Factors: Unbalanced diets that promote blood cholesterol levels. Overweight. Lack of exercise. Smoking and alcohol abuse. Hypertensive heart disease. Diabetes. Chronic stress. Inborn and inherited diseases. Signs of coronary artery disease. The main symptom of the disease is pain. However, in the early stages of the disease patients may be concerned about a feeling of discomfort in their chest during exercise, which goes away after a short while. People who have IHD not only feel pain in the chest, but it can also spread to the left arm, neck and the shoulder blade. Along with the increase of pain, patients with are faced with dyspnea first under intense, later performing simple actions (e.g, walking), and at later stages all the time. People with IHD often complain of palpitations (reinforced, frequent, strong perceivable beats) and interruptions (feeling chest fading) of the heart. Often these changes are recorded on an electrocardiogram. Besides the symptoms mentioned above, patients are accompanied by weakness, fatigue, dizziness, and, rarely, fainting. There are several forms of ischemic heart disease: sudden cardiac death, angina, myocardial infarction, myocardial infarction and arrhythmic form. We can say that the most formidable of these is angina. It is characterized by recurrent seizures that happen suddenly, often after physical or psycho-emotional stress. The patient feels a sense of lack of air, pain radiating to the neck, arm, shoulder blade, lower jaw. These attacks are provoked by factors like high blood pressure, alcohol, hearty meal, low temperatures. First aid in the event of angina is to eliminate the factors that trigger an attack to calm a person down, stop the exercise. The following step would be to secure a flow of air and take a sedative. This tool expands the coronary vessels, a spasm of which is the reason for the attack. In the absence of timely assistance, a portion of heart muscle cells die from a lack of food developing myocardial infarction. Treatment of coronary heart disease: Therapy for this disease should be appointed only by a doctor. An arsenal of medicines taken with IHD, is quite large, and usually the patient is taking several medications from different groups, namely nitrates to prevent attacks; antiplatelet therapy blood thinners (prevention of thrombotic events); blockers normalize rhythm; calcium antagonists expanding coronary vessels feeding the myocardium; statins and fibrates reduce cholesterol in the blood; drugs that enhance metabolism in the cardiac muscle. Most of the drugs are prescribed for life and their self-cancellation is fraught with complications and deterioration. Preventive measures: Full, balanced, regular meals. Also, there is a list of products to be excluded from the ration: diet products, sources of cholesterol and saturated fats (fatty meat, bacon, sausages, dumplings, cream, oil, dairy products with a high percentage of fat). On the other hand, fruits, herbs, vegetables, lean meats, seafood and sea fish, low-fat dairy products, cereals, legumes, mushrooms, vegetable oils, nuts, etc are good for IHD patients and optimal for their diet. Weight is another great issue, to reduce weight, it is necessary to carefully monitor the high calorie foods, excluded from the diet animal fats and digestible carbohydrates. It is also useful to periodically arrange fasting days. Regular physical activity is helpful, but one should be careful, not to cross the line, as over exercise can be dangerous. Hiking, domestic work, therapeutic exercises these simple measures will help to improve the performance of the heart. Absence of stress, refusal of bad habits like drinking alc ohol and smoking, control of blood pressure, can help prevent IHD and heart diseases in general. The main high-tech way to restore coronary artery is percutaneous transluminal balloon angioplasty. You can judge the essence of this manipulation on the basis of its name: Percutaneous indicates that the introduction of the catheter into the vessel through puncture of the skin. Transluminal means that all manipulations are carried out through the vessels. Balloon means that the recovery of the affected coronary artery lumen occurs by balloon inflation in vasoconstriction. Coronary means that the effects are on the coronary arteries, ie arteries supplying the heart. Angioplasty means that the impact made ​​on the vessel (from the word angio a vessel). References Coronary Artery Disease (Ischemic Heart Disease). Coronary Artery Disease (Ischemic Heart Disease). N.p., n.d. Web. 13 July 2014. http://www.hopkinsmedicine.org/heart_vascular_institute/conditions_treatments/conditions/coronary_artery.html. Rimmerman, Curtis M. Coronary Artery Disease. Coronary Artery Disease. N.p., n.d. Web. 13 July 2014. http://www.clevelandclinicmeded.com/medicalpubs/diseasemanagement/cardiology/coronary-artery-disease/#s0175. Tardif, Jean-Claude. Coronary Artery Disease in 2010. European Heart Journal. Department of Medicine, Montreal Heart Institute and Università © De Montrà ©al, 5000 Belanger Str, Montreal, Canada H1T 1C8, n.d. Web. 13 July 2014. http%3A%2F%2Feurheartjsupp.oxfordjournals.org%2Fcontent%2F12%2Fsuppl_C%2FC2.full.

A Brief Note On Plagiarism And Collusion. Plagiarism

Assignment Cover Sheet Faculty of Science and Technology GROUP 4: Eswar Muraharisetty, Maneesh Chatamoni, Rohita Gongada UNIT CODE: SEB724 UNIT CHAIR: Dr Arun Patil ASSIGNMENT NAME: Engineering Leadership DUE DATE: 06/10/2014 Plagiarism and collusion Plagiarism occurs when a student passes off as the student’s own work, or copies without acknowledgment as to its authorship, the work of any other person. Collusion occurs when a student obtains the agreement of another person for a fraudulent purpose with the intent of obtaining an advantage in submitting an assignment or other work Declaration I certify that the attached work is entirely my own (or where submitted to meet the requirements of an approved group assignment is the work of the group), except where work quoted or paraphrased is acknowledged in the text. I also certify that it has not been submitted for assessment in any other unit or course. I agree that Deakin University may make and retain copies of this work for the purposes of marking and review, and may submit this work to an external plagiarism-detection service that may retain a copy for future plagiarism detection but will not release it or use it for any other purpose. DATE: 06/10/2014 Assignment will not be accepted for assessment if the declaration appearing above has, not been duly completed by the author. DELTA PAPER CORP. INTRODUCTION We have started our company in the early 1992’s in the western suburbs of Melbourne. 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Discounted Cash Flow Valuation Finance Essay - Free Essay Example

Sample details Pages: 3 Words: 1030 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? If you intend to buy stocks on the capital markets, your first step would be to find those which are undervalued in relation to the current market price. This is the only way to be successful and profitable on the long-term. It makes sense to look for cheap stocks, doesnt it? I mean, why would someone be interested in buying expensive stocks? When using terms cheap and expensive I am not speaking in absolute numbers, but rather relative, comparing stock market price with the fair value of the company. If stock markets would be perfect, all market actors would possess all crucial information about the company and would evaluate the information in the proper manner. But this obviously isnt the case. Nobody really knows what will the iPhone 5 present in the total incomes of the Apple Inc.- plans are one thing, the reality is another. This brings us to the fact that stocks rarely trade at the fair price on the stock markets; they mostly trade above (overvalued) or under (undervalued) the fair value. Overvalued stocks are opportunity to sell; undervalued stocks are opportunity to buy. Don’t waste time! Our writers will create an original "Discounted Cash Flow Valuation Finance Essay" essay for you Create order Stock analysis is a rather a subjective topic and to become a great analytic, you need a lot of experience and be aware of different methods of valuing the companies. One simple way of calculating fair company value is by comparing the company with key players in the same sector or industry. A more advanced approach is to use discounted cash flow valuation method. Both approaches have some pros and cons. We will focus on the latest method in this article next. An abbreviation for discounted cash flow valuation is DCF. Its main principle is to predict how much money the company will generate for investors in the future and discount all the future cash flows on the current date to get its intrinsic value. DCF valuation can be processed in the following steps. Forecasting Period, Revenue Growth In the first step you should set the period for detailed forecasting of future cash flows and assess the growth rate in the years that will follow. The usual forecasting period is 5 years in case of well established company, but can be prolonged for outstanding growth companies or shortened for smaller companies in high competitive industry. When it comes to forecasting revenue growth, things can get very subjective. This is a difficult part of the analysis. Try to think about all possible aspects influencing company revenues, like future products and services, change in market share, expected changes in pricing policy, etc. You should deal with realistic, optimistic and pessimistic outcomes. The final result of this step is to have sales revenues projections for years to come. Free Cash Flow FCF is the cash left to the company once all operating expenses are paid. This is what adds value to company shareholders and can be used for dividend payout, business expansion, research and development, and similar. Projected FCF per year is calculated as sales revenue minus operating costs, taxes, net investment and net changes in working capital. It is not the purpose of this article to get into more details about specific accounting categories, but lets just say that you can find all these figures for recent years in different company statements. Discount Rate I cant say how important it is to do the math that follows with correct discount rate, since a very small change in this figure can have a great impact on final result. First of all, why do we have to discount future cash flows? Because of the inflation! $1 after one year is not the same as $1 today, do you agree? In theory you will find many options one could use as discount factor, but WACC is most commonly used (Weighted Average Cost of Capital). WACC weights the cost of debt and the cost of equity. The first figure is very straightforward and can be calculated from the balance sheet at what rate is the company paying back its debt. The cost of equity on the other side is usually calculated as a sum of risk free rate (the rate at which you get paid for low-risk investments) and premium for investing in equity (this one depends on the sector/industry beta and market premium). Terminal Value So far we have used the discounted cash flow valuation method to determine FCF value for the years in the forecasting period. But the company will not stop operating after this period, will it? So you should determine the value of FCF afterwards. One usual method of doing this is by using the Gordon Growth Model, which simplifies the calculation by assuming that companys CF will stabilize after the last projected year. Terminal value plays an important role in calculating fair company value, so you should rather go more conservative with its calculation. Enterprise Value Now we have all the figures to calculate the enterprise value (EV), which is nothing else than discounted cash flow of each projected year and terminal value of the company minus the net debt of the company. Divide the EV with number of outstanding shares to get the fair value of a single share. If the current market price of the same share is trading below the calculated enterprise value, you should consider it as undervalued and a buying opportunity. Pros and Cons of Discounted Cash Flow Valuation Method DCF method is useful when comparison of multiples is not possible or makes no sense. It is also a better way to calculate with figures out of cash flow statement than from income statement or balance sheet, which can be adjusted easily. On the negative side of discounted cash flow valuation method is subjectivity and assumptions. It is also difficult to use this method when the future is not so clear. We advise you to go as conservative as possible with calculations and bear in mind, that results can only be used for long-term investments. Short-term trading is based more on technical than on fundamental analysis. You do not need to setup everything from scratch in Excel. You can find many free DCF templates online. Here is a good link:

Serving as Part of the Green Berets - 825 Words

Earning the way into the Army’s Green Berets, a branch of the Army’s Special Forces, is no easy task. Being a part of a military service as prestigious as the Green Berets branch in the Special Forces is a great aspiration. The great leadership skills, intelligence, and overall drive it takes for a person to achieve this type of rank in the Armed Forces is something that are greatly admired in the United States. This elite group offers safety and security to the citizens of the United States and other countries with its unconventional warfare. The Green Berets is an elite career to aspire to because of the lasting knowledge it instills, the job satisfaction behind what this group works towards, and the unique opportunity that these select†¦show more content†¦The Army describes the Rangers’ as, â€Å"capable of conducting squad through regimental size operations and are resourced to maintain exceptional proficiency, experience and readiness† (U.S. Army Rangers: The 75th Ranger Regiment). After serving as a Ranger a soldier can then be apply and be accepted into the Green Berets. For both the Rangers and Green Berets Special Forces training is required. This includes Special Operations Preparation Course, Special Forces Assessment and Selection, Special Forces Qualification Course, and Live Environment Training. The motto of the Special Forces is â€Å"De Oppresso Liber† which translates from Latin to â€Å"To Free The Oppressed†. Throughout history the Green Berets mission has changed and grown based on the state of the world. Today, the Green Berets traditional mission is to advise and train foreign military forces to help them internally defend their nation. Some of the other major focuses are counterterrorism, direct action, special reconnaissance, and unconventional warfare. Counterterrorism is action take to impede and respond to terrorist acts. Direct action organized missions that are used when Special F orces, â€Å"want to seize, capture, recover or destroy enemy weapons and information or recover designated personnel or material† (Your Most Powerful Weapon Is Your Mind). These types of missions are used when the Green Berets are â€Å"in and out before the enemy has time to knowShow MoreRelatedEssay on Protest Songs Throughout the Vietnam War1445 Words   |  6 Pagesintervene. The American public was generally supportive of this movement, in the beginning. 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This is a straightforward commentary on his part in the war he and the protagonist of his novel, Pilgrim, were involved in. Vonnegut is correlating the Childrens Crusade to WW2 and in doing so providing his assessment on the driving force behind the war efforts. 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Marketing Apple Fanatics Self Identity - 1307 Words

As a company, Apple is known throughout the globe for more than their high-quality and revolutionary products; Apple is a household name because of the publicity surrounding their devoted fans. These fans camp outside Apple Stores days before a product is released, sometimes just to preorder the product. They eat, sleep, and breathe Apple, earning them the name iSheep. Fans of other brands lack the same publicity, but they maintain the same level of devotion. Many people exclusively wear Nike or Jordan. Some may make a cup of Starbucks coffee a part of their morning routine. Over the years, brand wars have gained media attention and marked generations: Ford vs. Chevrolet, Microsoft vs. Apple, Coke vs. Pepsi, the list goes on. The bottom line is that major brands often create an obsession among their consumers that can be compared to religious worship, which in turn negatively affects cultural identity. According to David Glance, an author for The Washington Post, there are three interconnected factors that form Apple fanatics: Self-identity, Brand drivers, and Social identity. The first is fairly self-explanatory; people today base their lifestyles on their possessions, especially where their smartphone is concerned. People are also influenced by band drivers — â€Å"the perceived value of the product, the level of service that came with the purchase, †¦ and the overall level of trust placed in both the product and the company† (Glance). Yet above all, people have the instinctiveShow MoreRelatedBrand Community : A Community Of Brand Followers And Customers1573 Words   |  7 Pagescommunity from subcultures. Harley Davidson enthusiasts predominantly unified by brand with motorcycle fanatics currently known as motorcycle ‘‘gangs’’ like the Hell’s Angels, Mongols that are primarily subcultures in which the Harley Davidson motorcycl e is metonymic rather than definitive (Muniz Jr. O Guinn, 2001). Apple enthusiasts on the other hand have the product as the mainstream of their brand. Apple impressed and attracted their community by masterfully depicting it’s users as young and creativeRead MorePersonality and Lifestyle8596 Words   |  35 Pagesinfluences the way he or she responds to marketing stimuli, but efforts to use this information in marketing contexts have met with mixed results. †¢ Consumers’ lifestyles are key to many marketing strategies. †¢ Psychographics go beyond simple demographics in helping marketers understand and reach different consumer segments. †¢ Identifying patterns of consumption can be superior to knowledge of individual purchases when crafting a lifestyle marketing strategy. Chapter SUMMARY Read Morepaul hoang answers72561 Words   |  291 Pagesspending on items such as books, equipment, repairs and improvements. They might also seek additional sources of funding such as government assistance. There will also be a need to account for all costs (expenditure) and revenues of the school. Marketing: schools need to attract customers (students and their parents). This might be done through means such as offering a broad and enriching curriculum and wide opportunities (such as extra-curricular activities). Public relations and promotion (suchRead MoreCase Study148348 Words   |  594 PagesGiant Ekomate Systems and the Indian Software Industry: Leveraging Network Relationships for International Growth Sustaining the Magic at Bang Olufsen Cordys: Innovation in Business Process Management iPod to iPad: Innovation and Entrepreneurship at Apple Grupo Ferrovial and the Acquisition of Amey plc Who Runs Education Now? Mergers and De-mergers in the Public Sector Severstal Queensland Rail: QR Ltd (QR) The Changan-Ford Joint Venture: Same Bed but Different Dreams? TNK-BP: from Russia Without LoveRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesSingapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services: Ashley Santora Acquisitions Editor: Brian Mickelson Editorial Project Manager: Sarah Holle Editorial Assistant: Ashlee Bradbury VP Director of Marketing: Patrice Lumumba Jones Senior Marketing Manager: Nikki Ayana Jones Senior Managing Editor: Judy Leale Production Project Manager: Becca Groves Senior Operations Supervisor: Arnold Vila Operations Specialist: Cathleen Petersen Senior Art Director: Janet Slowik Art

Challenges of Knowing Yourself and the Quesr for Happiness Free Essays

string(72) " thing about egotists is that they don’t talk about other people\." CHALLENGES OF KNOWING YOURSELF AND THE QUEST FOR HAPPINESS R. Priyadarshini (MBA FINAL year) rpdarshini87@gmail. com Contact no. We will write a custom essay sample on Challenges of Knowing Yourself and the Quesr for Happiness or any similar topic only for you Order Now 9677216300 Dept. of Management Studies, University of Madras INTRODUCTION: â€Å"The world is so unhappy because it is ignorant of the true self. Man’s real nature is happiness. Happiness is inborn in the true self. Man’s search for happiness is an unconscious search for his true self. The true self is imperishable; therefore, when a man finds it, he finds a happiness which does not come to an end. † Mankind is united in conviction that happiness is a very desirable state. Every person, consciously or unconsciously, are motivated in all we do by our need for happiness. Being happy and peaceful is considered the ultimate aspect of a successful life, but it is really the most fundamental aspect of life. The level of happiness may vary from person to person, but what all people are aiming for is to feel happy. We chase money, health, growth, fame, power, property and relationships, not for their own sake but for the satisfaction they promise. The creation of empires and civilizations, the discovery of continents, the waging of wars, the whole ebb and flow of history is a graphic portrait of man’s ceaseless quest for happiness. QUEST FOR HAPPINESS: The quest for happiness is endless and bounds no place and time. The level of man’s longing for happiness becomes higher and higher as the standard of living also increases. The first step towards happiness leads to another step, and then to another until a progression of steps is made transgressing the three dimensions of time – the past, the present, and the future. Happiness is parallel to contentment based on dictionary. Man has never been content all his life. His success for having attained a particular end always paves way to the urge to meet a higher end. Epicurus, an Athenian philosopher, suggested that in order for man to achieve happiness, he should give up all the complexities of life, like wealth, desire, fame and power, and go back to basics when the things that only matter are those necessary for pure biological subsistence, friends, freedom and analyzed life. It is hard to persuade a common man to renounce life’s worldly pleasures. If man will relinquish his desire to aspire for the better, progress will be hampered and everything will be doomed in complete stagnation. The nature of desire makes the acquisition of happiness impossible. Man desires, he obtains and get satisfied, then he desires something else and begin a new pursuit. This is a cycle to which every man is subjected. For every man to remain healthy, productive and sane, he must continue the never ending quest of happiness. KNOWING ONESELF: â€Å"Know thyself means this, that you get acquainted with what you know, and what you can do† Says meander. When a person knows who they are, and clearly understands what they want, then they have a much better chance of discovering how to reach their own success, happiness and personal fulfillment. To be successful one need to deeply know what he really likes, what he genuinely does not like, what he is good at and what he is not good at. If these questions are answered about oneself and decisions are made then naturally success is followed by happiness. This fills everyone with much bliss, calmness and also improves people mindset, as well as their relationships and connections with others. Knowing oneself will enable them to develop their full potential and be happy, contented and fulfilled. Whether their idea and understanding of success is fulfillment in business, friendship, love, sports, a blend of all these or another thing altogether, knowing oneself and working on change for the better will enable them to achieve their goals. Then indeed, when they reach their goals, they will turn out to be a much happier person. And that is real success in its truest sense. The only way to bring your best self to work and life is to know oneself well. CHALLENGES IN KNOWING ONESELF: â€Å"Knowing the other and knowing oneself, in one hundred battles no danger. Not knowing the other and knowing oneself, one victory for one loss. Not knowing the other and not knowing oneself, in every battle certain defeat. † Man tends to be blind to his own faults and weaknesses and so never fix the problems that keep him from greater success. He should begin by identifying the barriers. If one knows oneself, barriers can be overcome. Bror Carlson says, â€Å"A problem that is located and identified is already half solved. By understanding the nature of the problem, we are well on the way to greater self-mastery and personal success. IGNORANCE: Seventy-five percent of the high school students who will enter the workforce have no idea what the term ‘inflation’ means. Sixty-six percent cannot tell you what profits are. And 55% of our young people have no understanding of what a ‘government budget deficit’ is. This is due to the lack of devoting time to gain knowledge though the person is very much capable. There are many internal and external causes for ignorance; Lack of self interest, motivation, and wrong assessment of oneself. All these contribute towards internal causes and external causes are due to family pressure, lack of time management or even financial barriers. PERSONALITY TRAITS: Personality traits are fixed at a young age, Hence external factors like upbringing environment plays a major role in determining the personality. Since most organizational leaders are not on a rigorous program of self-mastery, they exhibit these same traits throughout their life. If one is strong on self-esteem and self-improvement, these traits would support the drive toward self-mastery. But other traits such as self-destruction, elf-indulgence and self-pity would have the opposite effect. It is beauty that captures your attention and personality which captures your heart. EGO DEFENSE MECHANISMS: â€Å"The nice thing about egotists is that they don’t talk about other people. You read "Challenges of Knowing Yourself and the Quesr for Happiness" in category "Papers" † Lucille S. Harper The Ego is subject to a number of self-deceptions preventing self-mastery. Sigmund Freud many years ago observed that the Ego is a fragile entity requiring protection from anxiety. Typically it manifests as some type of stressful emotional state such as fear, guilt, embarrassment, anger, frustration. Even the little things in life can activate an Ego defense mechanism. A frown from a superior, criticism from the colleague, getting angry at the person who bumped into you is a few examples. Sadly, once these mechanisms are engaged, the mind does not properly process the information it receives. NEGATIVE SELF-TALK: Thoughts have a great impact on the emotions, feelings or states of mind that operate at any given moment of time. For example, the person who thinks, â€Å"I’m not happy,† typically feels that way. Studies say those who have emotional problems engage in negative self-talk about 50 percent of the time. For some reason, few people admit that they talk to themselves or understand the critical nature of this internal dialogue. HABITUATION AND HABIT FORMATION: Habituated thinking patterns develop like certain streets in Boston. In the older parts of the city, the streets follow the paths used by long dead cows to get between barn and pasture. The issue here is that we tend to get â€Å"stuck† in a set of behaviors and patterns of thought that do not support our pursuit of worldly success or self-mastery. Habits start developing at a young age, and continue to build on them as a person become older. Sometime negative habits are recognised, but the person may feel like they are a part of who they are, so they hold on to them. There are also some individuals who seem to be in denial and do not seem to recognize their negative habits at all. If one pay close attention to oneself as it relates to our everyday lives and our dealings with others, we will likely find habits that we need to change. HOMEOSTASIS: â€Å"The mind acts like a rubber band that when stretched, tends to snap back to the way it was. † It’s hard to build new mental or behavioral habits–and extremely difficult to stop an old habit and substitute a new one. This means that one-time bursts of motivation tend to produce little lasting effect. It’s safe to assume that new changes will be resisted by the motivational forces supporting the status quo (homeostasis). ARRESTED DEVELOPMENT: Many powerful leaders have immature Egos. Arrested development essentially means that Ego growth has stopped prematurely. There are many symptoms one can experience. One symptom of this immaturity is the leader who cannot control their emotions. Another is a boss who blames others while failing to look at their own personal contribution to the problem. A third symptom is someone with high IQ but low emotional intelligence. Emotional intelligence is said to be a ladder comprising self awareness, self management, social awareness and relationship management at each level. EMOTIONS: The study found that 26% of new hires fail because they can’t accept feedback, 23% because they’re unable to understand and manage emotions, 17% because they lack the necessary motivation to excel, 15% because they have the wrong temperament for the job, and only 11% because they lack the necessary technical skills. This aspect deals with people who fail on managing their emotions. There is another aspect to these emotions where on the journey of discovering the real self many fail to trust their emotions. These people have very high chances of failing at a job in the long run. At a particular point of time they lose their passion for the job and business. The intensity which they once had is lost. They do not think through their heart, hence in the long run they lose passion for what they work or do. Analysis and logic are part of decision making process but what ignites an individual to take action is said to be emotions. COGNITIVE DISSONANCE: John Tierney, International Herald Tribune says that for half a century, social psychologists have been trying to figure out the human gift for rationalizing irrational behavior. Why did we evolve with brains that salute our shrewdness for buying the neon yellow car with bad gas mileage? Cognitive dissonance commonly operates as an unconscious mechanism and so it is difficult to detect. It is associated with buyers remorse and purchasers regret when it comes to making important purchases. More importantly, it provides insight into why man takes pride in his stupid decisions. OVERCOMING BARRIERS / CREATING A CHANGE: Recognizing is the first step to making changes. Then an action plan is required to overcome these barriers. Each of these action plans are clearly explained as follows. †¢ Being a creature of habit and automatic thinking is dangerous in a world of constant change. Identify the bad habits. Notice the patterns. Listening to the things other people say to about oneself. They may say the same negative things. These feedbacks can be used as a fuel to work on becoming a better person. A journal of the behaviors can be maintained that a person desire to change. Write down the efforts made and results obtained. This would motivate the person to continue to work on changing other things. †¢ By discovering oneself, personal interests and what the person is capable of ignorance can be eliminated. This self discovery can be followed by the following action plan. ? Expanding knowledge ? Killing ego ? Never say die attitude †¢ Analyzing one’s personality over the entire lifetime is necessary to determine the personality trait they belong to. A common mistake people make is analyzing oneself based on the present and this can be down right misleading. In Myer Brigg’s a person may type himself according to his inferior function. A normally calm person would see himself anxious and reactive under high degree of stress. This can be overcome by looking at oneself throughout his life and notice what it has in common. [pic] †¢ Negative self talk can be overcome by developing positive thinking and attitude. The following action plan would overcome negative attitude overtime. ? Stop talking, start writing- Instead of talking about one’s problems write it down and make a note of the cause for the problem. ? Commit oneself to thinking about the life they actually want and start visualizing it. ? Savor each moment Exercise gratitude ? Do not waste time dwelling on the past ? Keep a sense of humor. ? Belief that can change one’s life †¢ In order to overcome ego of oneself, the person must be brutally honest to himself, willingness to accept change. A self monitor must be installed in their mind that constantly analysis their activities. They can also ask their friends to monitor them and provide feedback. CONCLUSION: â€Å"I am what I am† To know oneself, will be an invitation as well as a challenge. It is an invitation to look deeply into oneself and to learn how gifted they are. It is a challenge to make a personal decision to enhance these gifts and do something about the short comings. Love, understand and appreciate the real self rather than seeking for the ideal self and thus true happiness is obtained. True happiness is a spontaneous feeling of inner peace, joy and contentment which is the result of introspection a person turn within and establish contact with inner nature. REFERENCES: 1. â€Å"Twelve Psychological Barriers To Self-Actualization and Personal Success† By Murray Johannsen. 2. â€Å"Positive Thinking – Your 7 Step Action Plan By Jinger Jarrett 3. â€Å"Knowing yourself well† by Donna P. Lendzyk How to cite Challenges of Knowing Yourself and the Quesr for Happiness, Papers