Limiting beliefs

Limiting Beliefs and How They’re Holding You Back

Why is it that some people are so successful and others are not? Sure there are sometimes extenuating circumstances that put others ahead but there are also those who seem to beat the odds. The majority of the time, it comes down to mindset. We can only achieve what we believe. Limiting beliefs are thoughts, opinions that one believes to be the absolute truth. They tend to have a negative impact on one’s life by stopping them from moving forward and growing on a personal and professional level. 

Examples are: “I’m bad with money”, “Every time I try and change, I fail”, “Work isn’t meant to be a joy”. These are just thoughts, and through continued affirmations they became beliefs. Our tendency to interpret new information as confirmation of our pre-existing beliefs is called confirmation bias, which means that we often believe what we want to believe.

Everyone has the potential to achieve great things, no matter their circumstances. But fear often holds up back, we tell ourselves stories, play it safe and only end up living half a life. We create stress and internal conflict by holding ourselves back from our true calling. When we change our stories to create a new truth about who we really are, then we start to feel happy and fulfilled. But why and how does this occur?

How Self-belief originates

Up until the age of seven, we operate in brain wavelengths that closely resemble a hypnotic state, according to Dr Bruce Lipton, author of The Biology of Belief. This is where most of our limiting beliefs are formed. I’m sure you’ve heard of the saying kids are like sponges? They soak up and record everything around them including “bad” and “good” behaviours and emotions. 

When a child is treated with love and made to feel wanted, this turns into the belief that they are valued. Contrary to that, if a child is neglected or abused they will grow up with the belief that they are unwanted and undeserving. These will become their limiting beliefs. If you’ve ever heard that little voice in your head telling you can’t be or do something, that’s a limiting belief. Those thoughts are exactly that, just thoughts. They are not realities.

As humans, we are constantly aiming to make ourselves as comfortable as possible. This includes avoiding negative emotions like frustration, anxiety, anger etc. Limiting beliefs act as a defence mechanism to avoid these emotions. Often they are triggered by situations where you have experienced suffering in the past. You change your behaviour because your subconscious is trying to prevent this. It often ends, ironically in other negative outcomes such as procrastination, imposter syndrome, overthinking etc.

How to Take Back Control of Your Limiting Beliefs
  1. If you find yourself feeling fearful or resisting an activity, stop and be aware. You’re currently in a state of ‘low mood’ thinking.
  2. Write it down! What is it that you think you cannot do? Try and identify exactly why you are feeling that way. Understand that what you are thinking is not necessarily true.
  3. Look for evidence. Why aren’t you able to achieve XYZ? Are these legitimate reasons or just excuses? Are you able to overcome these? Is it just difficult and you are not willing to? That is also ok but it doesn’t mean you can’t.
  4. Be accountable. Thoughts and feelings come and go, they are not that truth about who you are. There are plenty of tools to help you combat negative emotions like stress and anxiety, use them! A brain is a powerful tool, you are in control of a lot more than you think (limiting belief). Breathe and recentre. 
  5. Talk it out! As the saying goes, friends are better than therapy. If you find yourself having limiting beliefs, I’m sure your friends or family would be shocked to hear what you think about yourself. Find someone you trust to share your thoughts.

Of course, changing a belief doesn’t automatically result in changed behaviour, you still have to do the work. For example, change “I’m not good with money.” to “In the past, I haven’t been good with money but I am working towards changing my spending habits.” or “I am learning how to be financially responsible.” Take one step at a time. 

“The quality of your thoughts creates the quality of your life.”

If you want to change your life, something needs to change! Create new empowering beliefs to enable you to achieve much more than you originally thought possible. If you tell yourself “I can’t” or “that’s not possible”, ask yourself WHY 5 times to get to the route of that belief. It may not be possible to the extent or exactly how you picture it but I assure you, nothing is impossible.

Create a new mindset and a new narrative, become confident and courageous, what have you got to lose?

Limiting beliefs

Outsourcing

The In’s and Out’s of Outsourcing

The Ins and Outs of Outsourcing

Outsourcing essentially refers to the function of getting tasks or jobs completed outside of your organisation. It has been seeing an upward growth trend since 2014 with the market size for global outsourcing reached $92.5 billion before the pandemic. There are many different types of outsourcing and a great deal more benefits.

More than 93% of organisations are considering or have already adopted cloud services to improve outsourcing. Cloud technology allows companies to become more flexible and responsive to their markets, enabling faster global communication and growth. Contrary to popular belief, the main motivation for businesses making this move is not to lower costs by cutting jobs but to be more competitive and increase innovation.

There are many different types of outsourcing including multi-sourcing, knowledge process outsourcing, IT Outsourcing, but one of the most common being Business Process Outsourcing (BPO). This refers to outsourcing the more mundane business activities such as administration, correspondence, scheduling etc. Customer service and lead generation are also useful tasks included in BPO.

There are so many great things about outsourcing for both companies and contractors alike. It offers flexibility in terms of services provided, they can be tailored to exactly what the company requires and they are paying for those exact requirements. Flexibility is also great for contractors because although they are working within deadlines, they are often able to create their own working hours.

It is also easier to access expertise through an outsourcing company as they have vetted and screened all their employees already to ensure that they possess the correct qualifications, skills and competency to match the clients’ requirements. Although generally cheaper, this has nothing to do with the quality produced. Reduction in cost related to full-time employee expenses such as benefits. Outsourcing companies rely on their reputation and positive client reviews to remain successful in attracting future clientele so they are fully invested in creating top-quality output.

It is believed that outsourcing is only an option for large corporations, when in fact, the opposite is actually true. Outsourcing allows employees to focus on their core business operations while contractors take care of area’s they may not be experts in. Sites like Fiverr have allowed small business owners to access expertise at a fraction of the cost. With the focus being directed at core functions, there is an increase in productivity and an opportunity for company growth.

Another misconception is that businesses are more prone to data breaches if they outsource. The truth is that every major corporation is at risk. Outsourcing partners take extreme care to protect their clients’ information, often adding layers of security and constantly updating their protocol. With NDA’s, anti-virus software, cloud storage and modern tools such as YubiKeys, small outsourcing businesses as just as secure when handling sensitive information.

Outsourcing

Outsourcing is not only economical and adaptable, but additionally, it promotes the opportunity for rapid growth. With cloud-based technology, it is more accessible, affordable and safer than ever. It really is a no-brainer solution for small and large companies alike.

Time Wasters

Time Wasters And How To Avoid Them

Time Wasters and How To Avoid Them

We are all about organisation! In order to get organised, you have to know where to start. There are endless tasks we have to accomplish during the day and knowing what to prioritise when can overload our decision-making thought process. Not to mention all of the distractions we experience throughout the day that derail our perfect plans. We’ve put together some time wasters and how to get around them for a more efficient and effective day.

Time waster no.1 – No time boundaries

Parkinson’s Law states that “work expands so as to fill the time allotted for its completion.”

Remember when you had a deadline to meet and you put it off constantly. “I’ll do it tomorrow”, and tomorrow comes but you’ve got another week, right? So you leave it for another day and suddenly it’s due the day before next. You’re in a panic but you work hard and somehow manage to finish on time (and nail it!). This is because we usually don’t give ourselves enough credit and can often complete tasks faster than the time you allocated for it.

There’s a handy technique called the Pomodoro technique wherein you break up your tasks into 25-minute blocks and take 5 minutes of rest after. If your task ends up taking more than 25 minutes, evaluate your process and start again, adjusting for the next 25 minutes. You can also always set your time and challenge yourself, it makes the work exciting!

Time waster no.2 – Touching things twice

Ever heard of something called a holding pattern? You have now, and let me tell you, it’s a waste of time. Have you read a text and not replied? Opened an email or an invitation and left it for later? The time it takes to close your “task loop” is the holding pattern, and here’s what you can do about it:

Apply the 2-minute rule. If it’s going to take you 2 minutes or less, get it done there and then instead of putting it off until later. Otherwise, automate, eliminate, delegate and carry on going!

Time waster no.3 – Holding on to the past

We’ve all had that thought, “Uggg I should have done it yesterday!” or if only I had done that a week ago. It goes without saying, living in the past or the future, means you’re not here for the present.

This one goes without saying: being stuck in the past prevents you from living in the present. Immersing yourself in unnecessary drama and complaining too much won’t get you where you want to go. Dwelling on the past is literally wasting time so as much as possible, acknowledge it, learn from it, and move on.

Time waster no.4 – Indecisiveness

Taking the time to make decisions is a grey area and of course, it really depends on what kind of decision you are making! However, have you ever been out with a friend to a restaurant, you are starving and they are taking forever to decide? The longer they take, the later your meal will arrive! Same concept when making decisions in life. The more time you take to decide, the longer it will take to see results!

Sometimes it’s even better to deal with fixing a decision that was the wrong one, than never making a decision at all. What you can do is take all the important information you have RIGHT NOW and make a decision that way.

Time waster no.5 – Multi-tasking

Multi-tasking was once thought of as a skill to be revered, it was the ultimate way to get things done. Recent studies show that this isn’t the case. Switching from one high-level task to another takes your brain up to 20 minutes to refocus and identify thought processes necessary for the new task. It is both an inefficient, ineffective way to get things done.

A better method for handling your tasks is called batching or scheduling. This is when similar tasks are grouped together that can be done in sequence or at the same time when possible.

Now that you’re more aware of what can actually waste your time, you can implement these tips to help you and you’ll become an organised ninja in no time! Remember, time is the one commodity you can’t get more of in life so use it wisely!

Yacht management explained

Yacht management explained


A yacht is so much more than a rather expensive floating asset. The shiny investment comes with a whole lot of responsibility. Superyachts are essentially businesses, becoming increasingly elaborate and time-consuming, demanding a diverse team with varying skills and experiences.

Modern yachting requirements, paired with the complexities associated with global operations can be overwhelming. Evolving captains have realized that they are not the only one with the perspective to meet the owner’s needs. Why go at it alone? Outsourced yacht management provides access to a wider set of expertise than is possible to have in a crew. With various approaches to yacht management, the consistent key to success remains unwavering focus towards the clients’ best interests.

What is a yacht management company?

Envision a triangle; the three points representing the yacht owner, the yacht management company and the yacht captain/crew. Always functioning at the top, the yacht owner will determine the hierarchical dynamic between the shore-based management company and crew. A yacht management company can be a valuable partnership between the vessel, the owner, and the captain. Providing a fresh outside perspective, the management company should enhance efficiency and improve the overall guest experience. The team of experienced professionals offer support, by providing complementary knowledge, advice, resources and solutions. Not only reducing stress, a yacht management company also mitigates both financial and legal risk. Depending on the vessel’s requirements, most companies will tailor their services to management needs. Typically, the shore-based mechanism supports yacht operations with respect to accounts, technical interventions and compliance with legislative requirements.

What is yacht self-management?

Simply put, self-management is the scenario whereby the captain works directly with the owner and/or their team for all aspects of the yacht’s operation. Self-managed yachts will vary depending on the amount of detail the owner requires and how particular the captain is. Back in the day, this was the original form of yacht operations. However, with tonnage and regulatory intricacy increasing, there is a point where this model reaches a limit. Not to say it isn’t possible, however, strong caution must be exercised with this management method. Realistically, this approach is probably only an option for small or very mature operations. If engaged, a recommended external operations/management audit (above normal compliance) should be undertaken annually.

Why the need for a yacht management company?

The ownership and operation of a yacht gives rise to a number of legal, fiscal, financial, technical issues and contractual relationships. All of which require careful planning and consideration. A luxury yacht is an increasingly complex business that could land you in hot water should important responsibilities be overlooked. Not a legal requirement, but a yacht management company will take care of the headaches that come with owning a luxury yacht. Some of the hassles include safety, crew, maintenance, insurance, audits, class, flag regulation, compliance and… the list is never ending when it comes to maintaining and running a superyacht. That’s why a management solution is worth considering, taking care of the million and one tasks occurring behind the scenes on a daily basis.

What is a Flag and how do yachts decide on a Flag?

This is probably one of the most important decisions a yacht owner will have to make. Not simply a matter of patriotism or aesthetics, the flag state will dictate the law of the land, or sea in this matter. Defined, the flag state is the country or governmental entity under whose laws a vessel is registered or licensed. The chosen flag will directly impact the vessel’s privacy, taxes, exposure to liability, boarding, and overall commercial success.

The owner could choose country of residence, however the more popular choice in the superyacht world tends to be an offshore flagging. The offshore ship registry involves selecting a country whose laws are attuned to the complexities of ownership and charter operations. A good starting point is determining Good vs Bad Flags. Good flags will be on the White List maintained by the Paris Memorandum of Understanding on Port State Control (Paris MoU). Flags on this list excel in the areas of safety, security and environmental protection. As a result, they aren’t on the radar which means fewer inspections from the port officers. The Paris MoU also maintains Grey and Black Lists, where the risk of ship boarding and detentions is higher.

Not to be taken lightly, choosing a flag is a matter best undertaken under counsel of a maritime attorney. Sailing under a particular flag can be a complex decision that involves sound knowledge of international maritime law. The flag state is authorized to enforce regulations related to periodic inspection, certification, and pollution prevention. It will also determine the number of days per year that the vessel needs to berth in its place of residence.

What is Gross Tonnage?

Tonnage is an important topic in the maritime and yachting industry. Significant, because it forms the basis for numerous items, including safety regulations, manning scales, registration fees and port dues.

Initially used in reference to weight, nowadays it is a measure of the volume/size or cargo capacity of a vessel. An International Tonnage Certificate (ITC), issued by the flag administration, is necessary for vessel’s greater than 24m on international voyages. The certificate exhibits tonnage, length, breadth, and depth. For vessels below 24 meters, it is at the discretion of the flag administration whether to issue a comparable certificate or document, such as a Certificate of Tonnage or National Tonnage Certificate.

What services do yacht management companies provide?

Every owner is different and has different requirements, so the management company often offers bespoke services. Typically, yacht management duties may include:

  • Liaising: This ranges from shipyards to designers and brokers.
  • Updating documents: The company ensures legal, regulatory, technical, and financial aspects are current. In the long run, this can save valuable time and unnecessary expense.
  • Yacht registration: Often, the superyacht management company advises on the implications that location has on the yacht’s commercial success and finances.
  • Accountancy: This includes budgeting and reporting. A superyacht management company can provide a dedicated financial professional who understands the nuances of yachting.
  • Assisting with finding and employing crew: This lets your captain focus on his or her priority: the safe and smooth operation of the superyacht.
  • Identifying and securing berths.
  • Ensuring safety compliance: Certainty it meets international standards.
  • Planning and managing maintenance schedules: This includes full refits.
  • Assisting with insurance: For the yacht and crew.
  • Advising and/or managing charter operations.
What is a mini-ISM?

Nothing mini about this concept, the remarkable plan could mean the world of difference. Both a requirement of the MCA and Marshall Islands commercial yacht codes of practice, a mini-ISM aids to prevent disasters and impending lawsuits. Applicable to all yachts over 300 tons, the Safety Management System (SMS) should be relative to the vessel’s requirements. Many smaller yachts will also be liable in accordance to their flag.

A Mini-ISM consists of a simple plan to:

  • Check and maintain all the safety and critical equipment on board.
  • Train the crew for the more likely emergencies that yachts can have.
  • Familiarize new crew on safety awareness and duties as soon as they join.
  • Have checklists for hazardous events, such as bunkering and leaving harbor.
  • Encourage safety awareness.
  • Ensure that those who drive tenders, watercraft, or are charged with bridge watchkeeping really are qualified and know the idiosyncrasies of the equipment they are operating.
  • Document what you do and plan to do, ensuring bases are covered ahead of an investigation.
What is a yacht/fleet manager?

A yacht/fleet manager is the primary point of contact for yacht owners to report the essentials. They are in charge of significant decisions and the overall functioning of the yacht. The following attributes and skills are vital for a yacht/fleet manage,

  • Team player
  • Good leader
  • Multi-tasker
  • Excellent communication skills
  • Solid experience in the field, ideally either a chief engineer, chief officer or a master mariner.
  • Acquainted with ISM, ISPS, Port State Control and SOLAS codes that cover safety measures and rules and regulations regarding marine vessels.
  • Well versed with the flag state laws and regulations.
Do fleets operate virtually?

2020 fast-tracked the shift from local to remote quicker than anyone would have anticipated. With the technological advancements available today, working remotely is not only easy, but also considered the “new normal” and with it comes endless opportunity. This is no different in the yachting industry. Over the last 10 years, yachting has come a long way, with an obvious shift towards a digital way of operating. Working on-board yachts, crew are now accustomed to virtual communications and technology bridging the gap between the vessel and shore-based parties.

Yachts have been operating virtually for quite some time, communicating through email, whatsapp and VSAT whilst cruising. Uniformity is key when it comes to fleet management. Secure programs like Dropbox and Google Drive ensure operations are safely speaking the same language. A virtual knowledge base also assists with accessibility and is great for sharing latest guest preferences, changes in SOP’s etc.

The pros and cons of working with a fleet?

Fleet yacht management embraces an integrated approach, combining a plethora of resources, which could boost revenue and productivity. Some of the pros and cons include,

Benefits

  • Resources: Replenishment of stock/supplies from nearby fleet.
  • Recruitment: Interchanging of crew, should a replacement be necessary, avoiding the lengthy recruitment process.
  • Support: The larger team means access to the expertise of other captains and senior crew members.
  • Emergencies: Nearby fleet could assist in the event of an emergency.

Disadvantages

  • Conflict: Different leadership and management styles may lead to conflict among captains and senior crew.
  • Decisions: Multiple personal preferences could result in delays.
  • Logistics: If fleet are not in close proximity.
  • Disgruntled crew: Insight to other work environments could result in job role comparison.
  • Loss of information: With so much communication occurring, some information tends to get a bit lost.
How can Virtual Pursers assist with yacht management?

Not a yacht management company; Virtual Pursers are an extension of your crew and act as a landbased bridge to your shoreside counterparts. The administrative pressures faced by yacht owners, captains, management companies, and even full-time Pursers, can be difficult to keep on top of. Virtual Pursers “get yachting” and understand that time is a precious commodity.

Fulfilling the role of a Purser, just virtually, the team perform a wide range of services, including; vessel and crew administration, accounting, logistics, provisioning, itinerary planning and guest concierge. With over twenty years combined experience, working for an impressive array of yachts all over the globe, the team of industry experts provide a specialized service built on the foundation of practical knowledge. To name drop, the team have worked with fleets such as M/Y Anastasia, M/Y Nirvana, M/Y Barbara, M/Y October, M/Y Tatoosh, M/Y Meduse, M/y Hampshire II. Offering remote assistance to superyachts just as ‘virtual’ becomes the standard, Virtual Pursers provide a bespoke shoreside solution with the mission to save time and alleviate stress.

With access to a skilled Purser, the benefits are far reaching and can also extend to establishing uniform operations for fleets, better preparing brokers for charter, or lending a helping hand to shipyards/marinas. No matter the size of the yacht or the extent of the need, as trusted yachting professionals, Virtual Pursers are readily available to support all vessels. Taking up no space on-board, a dedicated Purser without the overheads, Virtual Pursers are proud to offer the most cost-effective Purser solution on the market. This flexible approach is ideal for yachts that are fully crewed, have minimal space on-board, or who don’t necessarily require full-time support. Visit virtualpursers.com for more.