This blog looks at books such as Switch – How to Change Things When Change is Hard by Chip Heath & Dan Heath, published by Random House Canada, Toronto, 2010 because as Dividend buyers part of what we want is not to change. The idea is to buy into companies that can consistently earn profits which can be distributed to shareholders. The combination of capital gain and dividend over the long-term will give you very rewards. The long-term means to potentially do nothing after you have bought; but you have to do some homework or have simple reasons to exit a stock and done your homework what is the better alternative? Thus dividend paying stocks have a dual nature – no change and looking at possible changes.

The biggest problem with change is to change means to change your personal situation.

How do you make changes – the easiest way is have a goal which everybody agrees with. Then find ways for people to buy in to the goal; and most important some easy ways for the participants to embrace the change. If you make it easy, then people can soon do, if they are doing, they will begin to think of more ways to do and change agents will be brought it to gain more acceptance and soon the change has happened for the better. Some resources are needed but there does not have to be great.

The biggest change can happen with the little resources because as people go through the process they begin to understand the solutions. Sometimes the solution is food – ensuring a well-balanced meal which includes vitamins and proteins. You may not know all the food content but if you eat some from each food group you should be healthier.

Sometimes the solution to the problem is to ask what is working right now. Rather than going into the past to find reasons for the failure, something must work right now and if you start with that, the good can be enhanced.

Dealing with finances – unblock revenue; minimize up-front cash; faster is better and use what you have got. These 4 rules plus being innovated about what you have means you can solve problems and work for a better future.

Linking to dividend paying stocks, one of the advantages of the companies is they are profitable and should have a good cash flow which enables them to pay dividends. This means some waste will be in the system, because of the knowledge the company makes money. In many instances the best planning is done with limited resources. if you can get management to think that way, those profits should be consistent.

There are more questions than answers, till the next time – to raising questions.