The HOPE Formula

I was playing with the word hope whilst writing.

I had been thinking about how it seems many people have lost a form of hope and that’s a sad place to be.

It encourages us to be cynical and completely out of control of solutions and our future.

Nothing good happens here.

You’ve all seen those people in the Facebook comments, or maybe you’ve even got them in your life.

If only we could shake them and get them to see there is a better way.

But that probably wouldn’t work. They are not ready yet.

Someone recently said it’s better to have empathy for them because the rest of their life must be so tough. Admittedly, I struggle to do this.

Because naturally, a lot of us probably want them to be better and their life to be easier.

Some people just don’t want to change.

However, for ALL of us, life will get tough at times and the thing to remember is that it will most likely be temporary.

We don’t want to make long-term decisions in temporary discomfort.

Read that twice.

Life, the economy, the country have been tough for many Kiwi lately.

When this happens, I think it can force us to focus on OUR problems and OUR problems alone.

I believe that if you can look up from this and look to solve other peoples problems, you will often solve your problems at the same time.

That brings me to the word HOPE.

Help

Other

People

Exist

If you look at a lot of successful people, they do exactly this.

The Exist could be swapped out for other E’s like: Eat, Entertain, Educate, Excel.

It’s a pretty smart framework when you think about it.

If you can help other people eat (get theirs), exist, excel, be entertained or educated, there is a high chance you’re solving a problem for them.

You may want to come up with your own E.

When you solve other people's problems, the world takes notice, and you start to get rewarded.

Why? Because…

Help = Solutions.

Solutions = Value.

Value = Transactions.

As you know, money exchanges hands (transactions) when value exceeds price.

BUT… to help others, first, you yourself have to become helpful.

Is someone really being helpful losing their lollies or arguing on social media posts? Are they really trying to help anyone? Or are they just trying to cope with their life & anger?

So my lesson here is that if you’re stuck thinking about YOUR problem, perhaps take a step back and think about OTHER peoples problems and how you could give them HOPE.

Similarly, if you are losing hope about something, how can you think bigger to help others?

Everybody (I think it’s everybody) wants a form of hope.

We bloody well need it!

Imagine standing on the side of the road with a flat tyre and 2 people stop....

Person A stops to tell you how those cars suck and the tyres are sh!t and cheap crap 'made in XYZ' and they had one once, and you should have known better. Then they drive off.

Person B stops to help you change the flat tyre.

Both people think they are helpful, but really only one of them is.

There are too many of Person A popping up in our lives, stealing our hope that Person B exists.

This has led to many people giving up hope without realising they don’t need to.

Unfortunately, we then become more like Person A ourselves.

Be helpful, to be more hopeful.

Speaking of being helpful to NZ and creating hope, the other Razorr (Adrian Orr) has cut the Official Cash Rate by 0.5% from 5.25% to 4.75% giving plenty of Kiwi reason to hope that interest rates are coming down and will continue to.

The Reserve Bank of New Zealand is confident that the annual consumer price inflation rate is within its 1% to 3% inflation target range.

The next OCR update will be on the 27th of November and then there is not another until the 19th of February 2025 (unless there is an emergency rate cut). Many people will have hope that we will see another 0.5% cut before Christmas.

Whilst this is great news, please remember that the NZ economy is still very weak. It relies on more than just interest rates (i.e. it needs credit creation). The govt wallet is said to be shut. More businesses are failing. Unemployment is expected to increase.

Interest rate cuts won’t help if we don’t have jobs, so remain helpful, hopeful and positive in all that you are doing and protect your downside before getting carried away with new risk-taking, FOMO talk or debt.

As always, be bold,

Luke

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