Mil­len­ni­als need to swap the ‘en­ti­tle­ment’ for ‘stick­a­bil­ity’

Pen­du­lum Sum­mit founder Frankie Shea­han ad­vises peo­ple to avoid the ‘vic­tim’ mind­set, writes Niamh Ho­ran

Sunday Independent (Ireland) - - News - For more in­for­ma­tion, go to www.pen­du­lum­sum­mit.com

‘There are peo­ple who have worse sto­ries — just get on with it’

FOR­MER Ire­land and Munster rugby star and Pen­du­lum Sum­mit chief ex­ec­u­tive Frankie Shea­han knows a thing or two about hard graft.

Hav­ing fought his way back from bank­ruptcy to cre­ate an in­ter­na­tional busi­ness and self­em­pow­er­ment sum­mit which has head­line acts such as Deepak Cho­pra, Tony Rob­bins and Steve Forbes, the manag­ing direc­tor has a piece of ad­vice for a younger gen­er­a­tion — ditch the sense of en­ti­tle­ment and the vic­tim men­tal­ity, and nur­ture your stay­ing power.

Speak­ing to the Sun­day In­de­pen­dent ahead of the Dublin Pen­du­lum sum­mit this Jan­uary, he says mil­len­ni­als need to knuckle down long-term rather than flit­ting from job to job.

“I think — and I would be go­ing on what the ex­perts are say­ing, in fact Si­mon Sinek has writ­ten about this — that this new gen­er­a­tion don’t have the ‘stick­a­bil­ity’.

“They could be in a new job, with an ex­cel­lent com­pany, for six months and at that point they make an­other change.”

It ties in, he says, with the rise of the cul­ture of ‘‘in­stant grat­i­fi­ca­tion’’.

“Time is the scarcest re­source of all. Ev­ery­thing is about in­stant grat­i­fi­ca­tion now. Whether it is food, news, in­for­ma­tion, or any­thing else.

“Ev­ery­one has a mo­bile phone now so, if they need some­thing, they ring some­one, ev­ery­thing is in­stant — and the days of the slow burn is dy­ing away. Peo­ple want things fast and the by-prod­uct of that is that we have grad­u­ates, who are very smart but who are not feel­ing that im­pact af­ter six months — so that is a chal­lenge for em­ploy­ers.”

He said the two pieces of ad­vice he wants to pass to his own chil­dren, come from JP Mor­gan’s Joan Ke­hoe.

“She says ‘I don’t want my kids grow­ing up with a sense of en­ti­tle­ment or a vic­tim mind­set’ — and I would pass that same ad­vice on to my own chil­dren.

“I re­cently read that 90pc of peo­ple in Amer­ica now come tech­ni­cally from what you could de­scribe as a ‘dys­func­tional fam­ily’,” says Frankie. “Okay, so delve into that — if you get talk­ing to peo­ple, in gen­eral, most peo­ple have a story. You know ‘my dad shouted at me when I was a kid’ or ‘my par­ents split up’ and there are some hor­ren­dous sto­ries, but ul­ti­mately all the pro­fes­sional ad­vice is: ‘Guys let it go, let it go’.

“Con­cen­trate on where you are now and you have con­trol over your own des­tiny. Jack Can­field would say that, Nick Vu­ji­cic, Kar­ren Brady, they all say that. Where you are to­day is where you are to­day, for­get about the past. Fighter jets don’t have rear-view mir­rors. And there are peo­ple with way worse sto­ries than you out there who just get on with it.”

Shea­han orig­i­nally founded Pen­du­lum Sum­mit in 2014 as a one-day event in Dublin, with mous­ta­chioed Cana­dian as­tro­naut Chris Had­field as key­note speaker. It has since ex­panded to New York and it has be­come a two-day af­fair with more than 4,000 at­ten­dees.

The up­com­ing Pen­du­lum event will be held on Jan­uary 9-10, with for­mer Lon­don mayor Boris John­son the main speaker.

Other speak­ers in­clude Dr Mar­shall Gold­smith, the world’s lead­ing busi­ness coach; ac­tor John Cleese; CEO of West Ham United foot­ball club Baroness Kar­ren Brady; and Mandy Hick­son — who is the UK’s first fe­male fast-jet pi­lot.

Frankie, who runs the event with his wife Norma, says years of work­ing with some of the world’s most in­spi­ra­tional lead­ers have thrown up some in­ter­est­ing mo­ments.

“Deepak Cho­pra once had his un­der­wear stolen from his bag on the flight over, so the driver had to take him into Brown Thomas to get a cou­ple of pairs.

“An­other very well-known speaker asked to move ho­tel be­cause his se­cu­rity guys were wor­ried that the fact that they were near open wa­ter posed a se­cu­rity risk.

“We also had a late night in House last year with Jack Can­field [and the next morn­ing] the driver, Brian, went into the room and Jack was still asleep. Brian got him into the car with no time to make the flight but be­cause he had a govern­ment clear­ance badge he could drive on to the tar­mac when the flight was lit­er­ally about to close and he man­aged to get him on.

“So they do get to en­joy a bit of Irish par­ty­ing too. Jack sent Brian a big gift af­ter­wards to say thank you. We be­come quite friendly with the del­e­gates and there is a bit of fun about the place over the two days.”

GET ON WITH IT: Pen­du­lum Sum­mit or­gan­is­ers Frankie and Norma Shea­han. Photo: Michael MacSweeney

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