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10/02 2010

Change is Money

Today’s guest post is written by Nathan Frampton. Nathan is President of Fanimation, Inc., manufacturer of high quality and unique ceiling fans. Nathan lives in Zionsville, IN with his wife and daughter and is active in the local community.

To all those I currently write checks to, I figured out how you can make more money and I would love to write you bigger checks. It has been my privilege and good fortune to work for my father over the last 20 years. Tom Frampton is an entrepreneur who founded a ceiling fan manufacturing company, Fanimation, in his garage at age 28.

Over the last 26 years his unique ceiling fan business, which is as much about fashion as it is about function, has evolved and grown to new heights. Two critical survival skills my Dad and Fanimation have taught me, however, stand out to me as timeless: the abilities of effectively dealing with change and a variety of people from all walks of life. This world has not, and will not stop throwing us challenges we have little to no control over: recessions that come in different shapes and sizes, market booms that at times make no sense and can be as hard to manage as downturns; and a variety of people that range from flexible and saintly, to stubborn and evil.

No matter what your industry or type of job is, one thing that is guaranteed to change, is CHANGE itself – the considerable, life altering kind.

Do you enjoy and savor that warm and fuzzy feeling you have about your income level, boss, and job duties? Do you love that new great software package you just converted to? Can’t imagine your morning, without that cute assistant who brings your coffee?

Don’t get too comfy; this too shall pass. Conversely, are you sick and tired of your boss who “doesn’t get it”? Are you unhappy with a job that doesn’t fit your well-rounded, yet specific skill set? Are you perplexed by the new software that is full of bugs? Frustrated by the cranky receptionist, who loves to route your calls to your inside competition?

Don’t get discouraged, this too shall pass. No matter what change comes your way, how you deal with it will make all the difference in the world. The ability to effectively manage and interact with people in a 360-degree manner is MONEY! Cold, hard, green, cash. Money!

Want more cheese to buy that new MDX? Get proficient and leading those underneath, next to and ABOVE you. Realize and don’t forget that those above you can be influenced in YOUR favor. One of the best things that ever happened to me was working for a boss who was immature and seemed to hate my guts. Figuring out how to manage him (even though he was my boss) is a skill I use to this day. Keep in mind, that I don’t just report to Dad, I have hundreds of customers, vendors, wives…well, just one wife. No matter who comes your way, how you deal with them will make all the difference in the world.

Finally, something we all tend to forget, and sometimes ignore, is that WE change. That our 5-year future selves will disagree, and on some points dramatically disagree, with our current selves is a fact of life that cannot be overstated, and is often times not considered.Next time you are sure about something, consider the fact you may one day think you were being a total idiot (if not about that one thing, it will be for another). How is that for humbling?

Think about this subject, put it into practice, and look for me to write you BIGGER checks.

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