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How To Start The Next Billion-Dollar Business In 5 Easy Steps

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This is the story of a man who lost everything he had and then triumphed to create the best company I have seen in many years. The story has many lows and plenty of highs. By reading it, you will learn how you can take what this man did and use it to build your own billion-dollar business.

I know what you’re thinking, “Tim this sounds like total BS!” It’s not. You have to believe that anything is possible, and once you get to that state of being, having the type of success I am going to describe in this story, is not as hard as you think.

Enough putting pork on top of bacon, I’m going to show you how you can start the next billion-dollar business in 5 EASY STEPS:

 

1. Surround yourself with winners

Business is tough in the beginning. You’ll need a multitude of experts to be able to execute on your vision. Find out who they are for your industry through LinkedIn and then contact them. Keep trying every expert until one of them agrees to talk with you. Then, sell the vision of your business.

 

2. Call anyone without hesitation

This is a key skill. Your business will need money; otherwise, it’s going nowhere. Unless you are rich already, you better get used to calling investors and Venture Capital firms without hesitation. My friend that built the next billion-dollar startup rang an investor in San Francisco during his first month of being open for business.

He had no strategy, no product, and no team. All he had was a vision and some mighty fine communication skills. These basic skills got him $100K over the phone to start his business. Hesitation and fear will prevent you from ever owning a billion-dollar company.

 

3. Have an infectious personality (be honest and humble as well)

A personality that screams to everyone that walks past you that you’re a good person. Don’t be afraid to talk about your previously failed consulting business and tell people your bankrupt. The more honest you learn to be, the more honest people will want to help you.

Begin to catch up with everyone you know who will be required to pull off this crazy vision for a business that you dreamt up while out on the booze with your mates. Approach the company who has what is needed to facilitate your business model.

Walk through their big glass doors and sit down on their ten-year-old leather chairs. Tell them who you are and why you want their help without any sense of arrogance. Always listen to their feedback and show them you’re a lifelong learner.

Be prepared for them to laugh in your face and tell you to get F%&$#@. Find the one person in that company that believes in your dream and in you. Get them to give you the product you require and to officially back your business.

Then, a few months later, hire this person and bring their contacts and knowledge into the engine room of your startup.

Bad news

When everything is going in your favor, pick up the phone, and be told by one of the guys behind the big glass doors that you are in breach of a number of serious regulations.

Take the bad news with a grain of salt, go and see your wife and kid, and then come back the next day ready to defend yourself knowing you haven’t done anything intentionally wrong. As the next few days progress, you realise that the team of people you met behind the big glass doors are mostly against you.

Find the two people who still have a look on their face like they want to help you, and ask them for assistance. Don’t be afraid to tell them the consequences of what might happen to your business if they ignore your request.

Continue hiring people to build out the product even though you know that this small problem could cripple the business. Know that how you act and who you’ve become is what has allowed you to get this far.

Previous failure

Know that the previous failed business and your current status of being bankrupt is something to be proud of. It’s the license you need to start a billion-dollar startup.

Take the less than ideal solution that your friends behind the big glass doors offer you and commit to getting yourself back into the position you were in with them. Know that the trust they have in you is what’s needed to reverse the seemingly irreversible.

Continue to be the main sales person in the business and attract world-class customers from every industry. Use these customers as validation for when you are trying to pitch your vision to the naysayers. Promise these new customers the best user experience imaginable and demonstrate to them just how big their problem is.

Leave each customer meeting by giving everyone a smile and shake all of their hands firmly no matter whether they are the CEO or the toilet cleaner. Be humble as you continue to win customers and never let your ego get in your way.

Bringing back old faces

Late one night, come up with the idea of hiring all the people who you had to fire when your first business failed. Be okay with the fact they may say no to your offer and make the call regardless.

When three of them accept your offer, know that it was your infectious personality that attracted them to work for you again. Start seeing how who you’ve become has created your business. Start seeing that for the business to continue to grow you must grow.

A bold move

As the scoreboard of wins starts to pile up, go out to the investor network again that you built up at the start, and raise more money. Bring on a brand name consulting firm to validate what your business does and be prepared for some long days and nights.

Be okay with working seven days a week even though you have your second baby on the way. Know that if this capital raise fails, you could look really stupid, and you may not have enough money to keep scaling.

As the capital raise continues, and your relationship with your friends behind the big glass doors grows, make the bold decision to send in the employee you hired off them, to negotiate you back into your former position with the original product you had before the breach.

Be open and honest with them and make them see the opportunity that goes well and truly beyond money. Make them feel like they are a part of your business and that they matter. Use your impeccable personality and your infectious good vibes to blow them away.

When they say yes to giving you what you need, remain humble, put your head back down, and get back to work. With each win, celebrate them with your team – not too hard, though. Keep battling through the 101 questions that your consultant friends keep asking you and ponder how ironic the situation is.

The hidden strategy

Think to yourself that the turning point of your startup depends on the very thing that made you bankrupt in the first place (consulting). Have a brain wave and know that you have now found your hidden strategy; you can speak these consultants language because you used to be one.

Sit down at night when you get home, and keep looking at the annoying spreadsheet that needs to be reviewed for the 100th time. Know that even though numbers do your head in, you’re on the journey to success and nothing is going to stop you.

The ultimate high

After months of back and forth, pick up the phone, and get the news that one of the most iconic brands in the country wants to invest in your business, and become your number one customer. Put the phone down and know that you are now a millionaire with a famous board of directors.

Ring up your friends behind the big glass doors and thank them for believing in your business. As you wipe your face from the tears of joy, think about how awesome it’s going to be to welcome into the world your second child.

Think about how the highest of highs seems to come in two’s. Remember how your infectious personality and just being you, made all of this success and the millions of dollars happen in the first place.

Go back to the office on Monday being more humble than ever and shake all the hands of the people that made this dream possible. Turn on your computer and see your friends behind the big glass doors post the news story of your success on social media and tag you in it.

Never forget how freaking awesome the journey has been and how important your first failure was.

 

4. Remain loyal

No matter how many times you are given amazing opportunities, always remember who helped you get where you are and remain loyal.

 

5. Pick up some sales skills

You’ll need them – trust me! Your whole life is going to become nothing more than selling your vision to the world.

What do you think it takes to build the next billion-dollar business? Let me know in the comments section below or on my website timdenning.net or my Facebook.

Tim is best known as a long-time contributor on Addicted2Success. Tim's content has been shared hundreds of thousands of times and he has written multiple viral posts all around success, personal development, motivation, and entrepreneurship. During the day Tim works with the most iconic tech companies in the world, as an adviser, to assist them in expanding into Australia. By night, Tim coaches his students on the principles of personal development and the fundamentals of entrepreneurship. You can connect with Tim through his website www.timdenning.net or through his Facebook.

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8 Comments

8 Comments

  1. Adekola Adegoke

    Jan 11, 2017 at 10:43 am

    This insight really spoke to my current circumstance. I felt like I have just finished a session with my mentor. Thanks Tim, am truly grateful.

  2. Decker

    Jul 27, 2016 at 2:52 am

    Hi Tim,

    Thanks for this article and the journey it took me on. Things have not been gone well for half a year and as usual doubts

  3. Sibusiso Lukhele

    Jul 7, 2016 at 6:33 pm

    Mr Tim Denning thank you very much, this article is exactly what I needed at this point in my life … you wrote that article in a way that I looked at myself in such a way that I can make this happen… again thank you very much Sir you have just given me hope to go to the next level

    • Tim Denning

      Jul 9, 2016 at 3:14 am

      Sibusiso you are most welcome. Go out there and have a go you’ve got nothing to lose!

  4. Toño

    Jul 5, 2016 at 9:39 am

    Thank you for the book suggestion, Tim, I will look it up. As for my state of mind, well, it’s not that bad and I would not call it that depressed, or maybe it is and I just cannot tell the difference. I don’t know 🙂

    Just watched a movie that took the place among my favorites already – ‘Wish I Was Here’. Fantastic, so emotional, I even got my eye’s wet for a few times. Right now I feel like I going to watch it again, and again, and again.
    Idea of this movie for me:
    – I’ve failed miserably ..
    -No, you showed up and won!

    Thank you for feedback, Tim, muchly appreciate it!

    • Tim Denning

      Jul 5, 2016 at 7:36 pm

      No problem Toño. keep your head up mate. Thanks for the movie suggestion I am going to watch it tonight. Have a great day!

  5. Toño

    Jul 5, 2016 at 6:59 am

    Starting the NEXT billion-dollar business presume you should have started one before, right? Anyway, is this the story about your friend who lost everything and started from scratch while having a wife and his little kid, the one you posted few articles about?

    This whole idea of billion-dollar business does not click with me (yet), however, I really do love to read about so-called big ‘failures’ that turns out to be the greatest opportunity to change your life and, most likely, the world. For the last few weeks I’ve been experiencing highs and lows, yet I realising now I haven’t failed because I learnt and educated myself in a unique way. I continue to read The Quarter-Life Breakthrough by Adam ‘Smiley’ Paswolsky and he talks pretty much about the same you have explained here. Fear, persistence and that failure that doesn’t even exist in the form most of us tend to think of. I also like how you mentioned loyalty and staying humble, hugely important and often underestimated abilities.

    We can all learn from this experience, Tim, and your friend did really amazing job that may help and inspire to not give up on whatever idea you’re working and how hard your life may seem. Thank you so much for my morning reading, amigo, have a wonderful day and take care!

    • Tim Denning

      Jul 5, 2016 at 8:28 am

      Toño this is a different friend to the homeless one. I have many friends that have had some wild rides and this friend is one I haven’t spoken about before. He just made a lot of money for himself and this article is his story to hopefully inspire others to do the same.

      All of us have tough times Toño so don;t let it get you down. Reading will help you and I strongly suggest having a go at the book “The Happiness Advantage.” I will take you away from the depressed state your in. Thanks for your book recommendation too I will suss it out. Cheers

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Entrepreneurs

7 Awesome Tips for Entrepreneurs to Create an Inspiring Vision Board

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creating a vision board

Vision boards are one of the most powerful success tools that can do wonders to inspire and motivate you, and put you in the right frame of mind. Whether you use them for your business or personal life, creating and using a vision board also adds a bit of fun to your routine, while activating the Law of Attraction and drawing your wants and desires into your life!

If you’re ready to get started, here are 7 tips that you’ll find helpful in creating an inspiring vision board.

1. Be Clear About Its Use

Your vision board is going to be a visualization tool, carrying images and words that will drive you to achieve your goals and fulfill your dreams. As such, don’t move forward with your vision board thinking of it as a wish list or a to-do list.

Note that there are different types of vision boards. If you’re very clear about what you want or you want something specific to happen in your business, you can create an ‘I know exactly what I want’ board. An ‘Allowing’ vision board is for visions and goals that you’re not quite sure about, or if you know that circumstantial changes are to be expected. If you’re working on a particular aspect of your life or are focusing on a specific business goal, a ‘Theme’ vision board will be right for you.

2. Get the Pre-Work Going

Yes, there’s pre-work to be done before you begin creating your vision board! Start with assessing what you’ve desired for your business and personal life over the past 6-12 months. Think of areas like branding, sales, or public speaking, and list goals and intentions in each category that you want to bring change or grow in over time.

Remember to set aside ample amount of time for this activity. You can’t list desires or goals while you’re rushing your lunch or in-between meetings! Sit where you can get some peace and quiet, meditate for a while, and ask yourself what it is that you truly want.

Let visuals and emotions flow freely through your mind, and let this process make for a deeper, meaningful experience. You might want to play some soft, soothing music as you dwell on what’s important to you!

“The only limit to our realization of tomorrow will be our doubts of today.” – Franklin D. Roosevelt

3. Narrow Down

Business goals, and quite a few personal goals, can be long-term, requiring you to put in time and effort. By having too many such goals on your mind, you might get overwhelmed easily. Instead, think in terms of baby steps and break down your goals into simpler, manageable steps.

An easy way to do this is to create action plans outlining individual tasks. Make sure you have clearly defined actions so it’s easier to make progress. You can also consider creating time-based milestones.

As an example, if your goals include making more money or expanding your business, don’t just add ‘Make More Money’ or ‘Expand Business’ to your list. Perhaps you need to focus on sales or new product releases to increase revenue that you can further use to support business expansion!

4. Gather Representational Images

Flip through your favorite magazines and see if the images catch your eye. You can also browse images online and download and print the ones you like. A word of advice: Don’t let your perfectionism get in the way and compel you to continue your quest for ideal images! This way, you’ll never find what you’re looking for and you could end up not completing the exercise.

Most importantly, don’t think when choosing images, but feel. This will keep you from perceiving images in a conventional way! In addition to this, don’t stop yourself from picking images that aren’t connected to each other rationally; it’s fine to put up whatever resonates with you on your vision board. Do pick a handful of motivational affirmation words too.

5. Arrange Right

Have a theme and format in mind for your vision board. You can look for inspiration online, but follow your heart if you want to do something original! You might want to accessorize your board with colorful paper, stickers, and more. Keep in mind that all colors impact us differently, so if you’re looking to create a board that gives off calm, pleasing vibes, a red-themed board won’t serve the purpose.

Another thing to be mindful of is that having too many pictures on a single vision board can prevent you from focusing on your goals. To avoid clutter, only choose pictures that inspire you the most. Alternatively, consider creating two vision boards.

6. Put It to Use

No matter how inspiring your vision board is, it will fail to inspire you if you put it up in an obscure place like behind a door or in the cupboard. So put your board up where you can see it every day. This doesn’t mean it’s okay to put it up near a toilet though! Think of a place where you can stand or sit for a while each day and get positive vibes as you view your vision board.

The way you view your vision board also matters! Simply glancing at it won’t produce the results you want, so commit to studying the contents of your vision board for at least 5 minutes, once a day. Read quotes and affirmations that you’ve put up aloud and with conviction. Be careful of resorting to daydreaming; you want to visualize how you’ll work to attain your goals, not just envision your life after you achieve all that you want.

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell

7. Redo the Board as Needed

You don’t have to stick with the same vision board arrangement for the whole year! There are bound to be changes in your life, so feel free to re-arrange images and affirmation words to reflect the same. Do leave some blank space so you can add new goals as they come along.

Bear in mind that you shouldn’t feel pressurized to have a new arrangement for every month of the year. A vision board only needs to be redone in the event of major changes that affect your outlook and focus.

Don’t let doubts creep in. Every time you look at your vision board, take a deep breath, smile, and tell yourself that you’re closer to achieving your dreams.So get started on creating your inspiring vision board, and let it fire you up to turn your dreams into reality!

How has your vision board helped you? Comment below!

Image courtesy of Twenty20.com

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10 “Brick-In-The-Head” Moments You’ll Encounter as an Entrepreneur

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entrepreneurship

The entrepreneurial life is one of the most challenging, stressful and risky avenues to success you could possibly choose. The issue with doing it alone in business ventures is exactly that; you’re alone. To be a successful entrepreneur, you have to be driven, thick-skinned, and ready for any curve balls.

Here is a list of 10 ‘brick-in-the-head’ moments you’ll need to overcome on your path to becoming a market leader:

1. Letting criticism get to you

The ways society deals with ambition and success is very odd, and you may feel like you’re unfairly criticised by your peers regularly. The reality is that you’ll encounter plenty of jealousy and bitterness during the course of your career.

This isn’t to say that all criticism is malicious – constructive critique can go a long way. But remember that nobody understands your vision better than you. Remember that the art of good entrepreneurship is to delve where nobody else is willing to go.

When Bill Gates decided to offer his Internet Explorer browser as a free package with his Operating Systems in 1995, it was considered a counter-intuitive move by some, but ended up being the cornerstone for Microsoft’s resounding dominance.

2. The temptation of ignoring constructive criticism

While it’s worth adopting a thick skin to allow unjust criticism to bounce off of you, it’s also important to know when to take it on board and consider constructive comments. As you’re taking the leap into controlling your own business, sometimes it can become too easy to concentrate on the nuances of your work and miss the bigger picture. Take the time to consider advice that you are offered – if it fits in with your vision, then it may be worth taking.

3. Keeping on top of your cash flow

Making sure you’re focused on your finances is one of the biggest parts of being an entrepreneur – after all, it’s all about making money.

If you’re worried about your cash flow, then it’s probably a good sign. All entrepreneurs struggle with money at times in their careers – and so if you don’t keep an eye on your figures then you risk showing signs of complacency. If your figures are really getting to you, then it might be a good idea to skim through your finances and start saving cents here and there.

4. Facing the unknown

One of the most anxiety-inducing moments is being kept up all night wondering which way your venture’s going to go. Entrepreneurship is a volatile career, and coming to terms with the unknown is a big part of the life that comes with it.

Prevention is better than a cure when it comes to dealing with the uncertainty of building businesses. Try to manage your resources well – it could save a lot of worrying a little bit further down the line.

“Many times, the thought of fear itself is greater than what it is we fear.” – Idowu Koyenikan

5. Abandoning your previous career or education

Often the first step on your path to success can be the most difficult and stressful. You could be leaving a comfortable job, or abandoning your studies to go and pursue an idea that, no matter how good, is not guaranteed success.

Here it’s once again advisable to make sure only you have the final word on the route you take in life. Be sure to listen to the advice that those close to you have to offer but just remember that the choice is yours.

6. Time management

Difficulties with time management can be a big cause of stress when setting up your own business.

The most stressful aspect of this could be that you neglect other parts of your life in order to oversee the successful running of the company.

Juggling your time is perhaps the primary problem that is faced by entrepreneurs. You have to make sure you focus on your output, marketing and networking all at the same time, which can get overwhelming.

Here, the best remedy is to keep records of your tasks and goals using available tools. One should set rotas of where to invest their time and attention over the course of a coming week. It might not seem like much, but it could lift a heavy burden off of your head.

7. Making the right decisions

As an entrepreneur, the significance of the decisions you make could mean life or death for your business. This burden can weigh you down heavily. Remember the very best in the industry make the wrong decisions, and many of the greatest entrepreneurs today have gotten into the position they’re in through trial and error.

The markets are often volatile, and extraneous circumstances which could never be accounted for can come into play. One must find a way of coping with the process of making company defining decisions, and once you’ve become confident enough to take big decisions in your stride, you’ll be well on the way to industry success.

8. Staying true to your vision

Things have a habit of changing very quickly in business. You’ll need to adapt to the ever-shifting sands and stay true to your vision. Sometimes this is easier said than done. Construct a mission statement for your business that you can refer back to in order to hold on to the reason you decided to pursue your idea in the first place. Sometimes seeing what you’re working towards written down can be enough to keep you focused on your goals.

“You have to understand your own personal DNA. Don’t do things because I do them or Steve Jobs or Mark Cuban tried it. You need to know your personal brand and stay true to it.” – Gary Vaynerchuk

9. Team building

Here it’s important to recruit not only the most skilled candidate but the candidate that’ll best fit into your vision for the office culture. Sometimes finding a confident and engaging candidate is a critical factor in recruiting for a job that requires plenty of teamwork and client interaction. The best course of action for lowering the stress of team building is to look for candidates that express themselves in a way that fits the business work ethic best.

10. Dealing with failure

Virtually every entrepreneur has to face the prospect of failure at multiple points in their career. The best way to avoid becoming bogged down by an unsuccessful business is to see it as an exercise in trial and error. Learn from your mistakes, and if your startup has failed, what caused it to fail?

Welcome failure as a valuable learning tool, and jump back into the industry you desire to improve. Improve your original idea or find another one because the life of a successful entrepreneur is built on plenty of experiences and lessons – many of which were learnt the hard way.

What other encounters have you had as an entrepreneur? Comment Below!

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5 Things You Must Have in Order to Succeed as a Freelancer

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Up until about 3 years ago, I honestly had no idea what a freelancer even was. It sounded like a cool job title and I secretly envied people who could call themselves one. Didn’t they get to travel the world with a laptop and go sailing and sip margaritas beside some of the most beautiful beaches on the planet? Yup, I wanted to be a freelancer.

I wanted in on this action. I had no idea what I was getting myself into, but I was sure I could pull this off, couldn’t I?

The Mystery Slowly Unravelled

And so began the digging and sniffing around. The more research I did, the more I realized this wasn’t for the faint of heart. I took in as many blogs and pdf’s as I could. I watched YouTube tutorials until my eyes bled. I took in everything I could about it.

I decided that I could easily become a freelance writer. I got good writing skills (did you catch that?) thanks to so many letters written to ex boyfriends behaving badly, and my journal. Yup, I could definitely be a writer.

So now what? Now the real work begins. So you want to be a writer, huh? Get ready girl. You have tons of work ahead of you. Little did I know.

Can’t I just tell stories?

I just wanted to write about all my crazy life stories ‘cause Lord knows I have a million. Surely someone will want to read them, no? Isn’t writing and blogging just about telling stories of how you had some ridiculous upheaval and how you overcame it? I can write about that until the cows come home.

I was determined to write these stories and send them out to anyone, everyone and no one. I hit up all the high authority sites right away. No small fry stuff for this girl. I have great stories and someone needs to read them.

“The work never matches the dream of perfection the artist has to start with.” – William Faulkner

Was I in for a surprise

Apparently not everyone wants to read your stories. Apparently not everyone thinks your stories are great. Apparently not everyone thinks you’re a good writer. I thought this freelance writing stuff would come easy. I can write dammit and I’m friggin’ good at it! They’ll see.

It just didn’t work like that. As I worked my regular full time day job as a hairstylist I continued to write my heart out, before and after work, determined to leave this life behind and become a freelance writer. Little did I know. 8 months of cutting hair and blogging for free taught me many many things about myself and the freelance world.

Here are the 5 things you better have if you want to make it as a freelancer:

1. Determination

You must be all in or all out. There is no in between. You can’t let up or stop for one single minute. You want to be a freelancer, you must give it 100%. This gig isn’t for half assers or sissies. Nope. Only the hardcore, diehard peeps with a strong deep desire for a life of freedom will make it here. There is no giving up. Ever.

2. Passion

If you don’t feel it, you won’t be able to do it. It has to come from deep down in your heart, soul and belly. The reason you want to do this must consume you (and the reason should be more than just money). You should be eating, living and breathing this passion you have to become a freelancer otherwise you’re already doing it for the wrong reasons and you won’t be happy. Trust me on that one.

3. Persistence

Never ever give up and don’t take no for an answer. If a million people say no to you, remember someone is going to say yes. If someone said no a million times keep at it. Figure out what you did wrong and polish up your skills (all the no’s will give you ample opportunity to do just that).

“Writing is an exploration. You start from nothing and learn as you go.” – E.L. Doctorow

4. Open mindedness

Stay open to learning new things. Stay open to networking and connecting with others. You will need to collaborate with other bloggers and people who are already doing this for a living in order to learn. You will need to throw your net out far and wide and take in all sorts of wondrous tools. Get ready to step way out of your comfort zone.

5. Confidence

This was a biggie for me. I was pitbull, determined to make it so no amount of no’s was going to get in my way. There were some days I honestly did feel like throwing in the towel (we all have days like that) but I would brush off my butt and lick my wounded ego and keep at it. Have confidence in your skills. Just because 10 people don’t want your stuff doesn’t mean there isn’t 10 out there who do! Remember that. You ARE good at what you do.

Do you have what it takes? Of course you do! It took me almost 9 months before I finally cracked the freelance world and another year to become a full time freelancer. There is no try and there is no giving up. I always tell people, if I can do it, so can you.

What are the obstacles you’re facing right now as a freelance? Comment below!

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5 Crucial Skills to Take Your Business and Relationships to New Heights

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Our personal relationships are very powerful and provide us with a crash course of exponential growth both personally and professionally. You learn an exceptional amount of information about who you are as a person, how you communicate, manage your emotions and discover traits you were blissfully unaware of.

Of course everyone wants to hear the beautiful love story you so often hear from others. Man and woman meet, fall madly in love, get married and live happily ever after. However, as we all know the fairytale ending is no guarantee.

I met a spontaneous, generous, successful and much older businessman and we dated for a short period of time. I was deliriously happy and determined for everything to turn out perfectly. As expected, he had mastered the art of knowing all the right buttons to push and exactly the right words to say.

I can compare this experience to a going for a long drive in the country. I was speeding down the highway of life, aiming to maintain my complete denial of everything happening around me. To the point that I missed every stop sign, damaged the car from all of the potholes I failed to navigate, and I had several minor accidents along the way.  You name it, I ignored every single red flag that was saying take a detour, choose a different road and look the other way, keep moving forward yet choose a different direction.

Unfortunately, it all came to a grinding halt, when the car burst into flames in the middle of a local National Park causing a wild bushfire. This analogy clearly illustrates the ending of this relationship and the danger of becoming obsessed with a personal goal to the point where it sabotages all your efforts to attain your goal and safely reach your destination.

The brilliant news is that this crash course of exponential growth led to pivotal business lessons that can also help you achieve outstanding results this year. The 5 key business lessons you can develop include:

1. Individual Connection vs Wolf Pack

Be mindful and understand the differences between communicating well with an individual and a team otherwise known as a wolf pack. Notice the differences in the communication, it can be very different. An individual interaction may be far easier than dealing with the wolfpack or vice versa. Pay attention when in both scenarios as it will be highly beneficial for professional career and help you to enhance both new and existing professional relationships.

2. Monumental Giving

Wow, I thought I was a generous person however I quickly realized I had more work to do in this area. This man raised a lot of funds for charities that were close to his heart both personally and via his businesses and he was very proud of his achievement as he should be.

What I liked the most however was the way he built the company culture although he was well renowned for his tough exterior, he did go out of his way to be generous to employees  at all levels within the company and he took the time to get to know them personally despite the number of businesses he was operating at any one time.

“Giving is the master key for success in all applications of life” – Bryant McGill

3. Fanatical Focus

Irrespective of the activity he was engaged in on any given day. From closing a business deal, speaking to a colleague or business associate, negotiating a lease to building his stock portfolio. He was unbelievably fanatically focused on that one activity and ensured that the activity was completed to a very high standard.

Anything less was deemed unprofessional and unacceptable. His unwavering focus was very valuable in making business decisions and closing deals, over delivering on budget, making quick decisions and maintaining relationships.

4. Beware of the ‘Little’ Things

We have heard it before, don’t stress or make a big deal about the little things. When you learn to manage your emotions effectively and allow things to occur rather than resist or get upset about it, life becomes far easier and enjoyable. It allows you to retain your energy for the important things in life and manage actual stressful situations as they arise.

5. Master Communicator

This man was extremely tough and very guarded however, he acted like everyone’s best friend. He understood a lot about how people communicate from their tone of voice, the words they say to how fast or slow they spoke, and he was a master at reading non-verbal communication in both men and women.

“Communication is a skill that you can learn. It’s like riding a bicycle or typing. If you are willing to work at it, you can rapidly improve the quality of every part of your life.” – Brian Tracy

To build a powerful network in business, it is imperative to begin by learning the essentials in communication. Start by researching how to read body language and what various poses or facial expressions mean. By understanding others, you can also adapt your own communication style to become a ‘Master Communicator’ and rapidly improve your overall business results.

As we enter the start of the New Year, now is the perfect time to hone these 5 crucial business skills to take your business and relationships to new heights.

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7 Awesome Tips for Entrepreneurs to Create an Inspiring Vision Board

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creating a vision board

Vision boards are one of the most powerful success tools that can do wonders to inspire and motivate you, and put you in the right frame of mind. Whether you use them for your business or personal life, creating and using a vision board also adds a bit of fun to your routine, while activating the Law of Attraction and drawing your wants and desires into your life! (more…)

As Chief operations officer, Chief product officer and Scrum Product Owner, Sébastien Boyer is the mastermind behind Nutcache. He is a certified Professional Scrum Product Owner with over 20 years experience in project management in the software industry. His project related articles have been published on several major websites and blogs such as tech.co, smallbiztrends.com, business.com and many others.

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8 Comments

8 Comments

  1. Adekola Adegoke

    Jan 11, 2017 at 10:43 am

    This insight really spoke to my current circumstance. I felt like I have just finished a session with my mentor. Thanks Tim, am truly grateful.

  2. Decker

    Jul 27, 2016 at 2:52 am

    Hi Tim,

    Thanks for this article and the journey it took me on. Things have not been gone well for half a year and as usual doubts

  3. Sibusiso Lukhele

    Jul 7, 2016 at 6:33 pm

    Mr Tim Denning thank you very much, this article is exactly what I needed at this point in my life … you wrote that article in a way that I looked at myself in such a way that I can make this happen… again thank you very much Sir you have just given me hope to go to the next level

    • Tim Denning

      Jul 9, 2016 at 3:14 am

      Sibusiso you are most welcome. Go out there and have a go you’ve got nothing to lose!

  4. Toño

    Jul 5, 2016 at 9:39 am

    Thank you for the book suggestion, Tim, I will look it up. As for my state of mind, well, it’s not that bad and I would not call it that depressed, or maybe it is and I just cannot tell the difference. I don’t know 🙂

    Just watched a movie that took the place among my favorites already – ‘Wish I Was Here’. Fantastic, so emotional, I even got my eye’s wet for a few times. Right now I feel like I going to watch it again, and again, and again.
    Idea of this movie for me:
    – I’ve failed miserably ..
    -No, you showed up and won!

    Thank you for feedback, Tim, muchly appreciate it!

    • Tim Denning

      Jul 5, 2016 at 7:36 pm

      No problem Toño. keep your head up mate. Thanks for the movie suggestion I am going to watch it tonight. Have a great day!

  5. Toño

    Jul 5, 2016 at 6:59 am

    Starting the NEXT billion-dollar business presume you should have started one before, right? Anyway, is this the story about your friend who lost everything and started from scratch while having a wife and his little kid, the one you posted few articles about?

    This whole idea of billion-dollar business does not click with me (yet), however, I really do love to read about so-called big ‘failures’ that turns out to be the greatest opportunity to change your life and, most likely, the world. For the last few weeks I’ve been experiencing highs and lows, yet I realising now I haven’t failed because I learnt and educated myself in a unique way. I continue to read The Quarter-Life Breakthrough by Adam ‘Smiley’ Paswolsky and he talks pretty much about the same you have explained here. Fear, persistence and that failure that doesn’t even exist in the form most of us tend to think of. I also like how you mentioned loyalty and staying humble, hugely important and often underestimated abilities.

    We can all learn from this experience, Tim, and your friend did really amazing job that may help and inspire to not give up on whatever idea you’re working and how hard your life may seem. Thank you so much for my morning reading, amigo, have a wonderful day and take care!

    • Tim Denning

      Jul 5, 2016 at 8:28 am

      Toño this is a different friend to the homeless one. I have many friends that have had some wild rides and this friend is one I haven’t spoken about before. He just made a lot of money for himself and this article is his story to hopefully inspire others to do the same.

      All of us have tough times Toño so don;t let it get you down. Reading will help you and I strongly suggest having a go at the book “The Happiness Advantage.” I will take you away from the depressed state your in. Thanks for your book recommendation too I will suss it out. Cheers

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7 Awesome Tips for Entrepreneurs to Create an Inspiring Vision Board

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creating a vision board

Vision boards are one of the most powerful success tools that can do wonders to inspire and motivate you, and put you in the right frame of mind. Whether you use them for your business or personal life, creating and using a vision board also adds a bit of fun to your routine, while activating the Law of Attraction and drawing your wants and desires into your life!

If you’re ready to get started, here are 7 tips that you’ll find helpful in creating an inspiring vision board.

1. Be Clear About Its Use

Your vision board is going to be a visualization tool, carrying images and words that will drive you to achieve your goals and fulfill your dreams. As such, don’t move forward with your vision board thinking of it as a wish list or a to-do list.

Note that there are different types of vision boards. If you’re very clear about what you want or you want something specific to happen in your business, you can create an ‘I know exactly what I want’ board. An ‘Allowing’ vision board is for visions and goals that you’re not quite sure about, or if you know that circumstantial changes are to be expected. If you’re working on a particular aspect of your life or are focusing on a specific business goal, a ‘Theme’ vision board will be right for you.

2. Get the Pre-Work Going

Yes, there’s pre-work to be done before you begin creating your vision board! Start with assessing what you’ve desired for your business and personal life over the past 6-12 months. Think of areas like branding, sales, or public speaking, and list goals and intentions in each category that you want to bring change or grow in over time.

Remember to set aside ample amount of time for this activity. You can’t list desires or goals while you’re rushing your lunch or in-between meetings! Sit where you can get some peace and quiet, meditate for a while, and ask yourself what it is that you truly want.

Let visuals and emotions flow freely through your mind, and let this process make for a deeper, meaningful experience. You might want to play some soft, soothing music as you dwell on what’s important to you!

“The only limit to our realization of tomorrow will be our doubts of today.” – Franklin D. Roosevelt

3. Narrow Down

Business goals, and quite a few personal goals, can be long-term, requiring you to put in time and effort. By having too many such goals on your mind, you might get overwhelmed easily. Instead, think in terms of baby steps and break down your goals into simpler, manageable steps.

An easy way to do this is to create action plans outlining individual tasks. Make sure you have clearly defined actions so it’s easier to make progress. You can also consider creating time-based milestones.

As an example, if your goals include making more money or expanding your business, don’t just add ‘Make More Money’ or ‘Expand Business’ to your list. Perhaps you need to focus on sales or new product releases to increase revenue that you can further use to support business expansion!

4. Gather Representational Images

Flip through your favorite magazines and see if the images catch your eye. You can also browse images online and download and print the ones you like. A word of advice: Don’t let your perfectionism get in the way and compel you to continue your quest for ideal images! This way, you’ll never find what you’re looking for and you could end up not completing the exercise.

Most importantly, don’t think when choosing images, but feel. This will keep you from perceiving images in a conventional way! In addition to this, don’t stop yourself from picking images that aren’t connected to each other rationally; it’s fine to put up whatever resonates with you on your vision board. Do pick a handful of motivational affirmation words too.

5. Arrange Right

Have a theme and format in mind for your vision board. You can look for inspiration online, but follow your heart if you want to do something original! You might want to accessorize your board with colorful paper, stickers, and more. Keep in mind that all colors impact us differently, so if you’re looking to create a board that gives off calm, pleasing vibes, a red-themed board won’t serve the purpose.

Another thing to be mindful of is that having too many pictures on a single vision board can prevent you from focusing on your goals. To avoid clutter, only choose pictures that inspire you the most. Alternatively, consider creating two vision boards.

6. Put It to Use

No matter how inspiring your vision board is, it will fail to inspire you if you put it up in an obscure place like behind a door or in the cupboard. So put your board up where you can see it every day. This doesn’t mean it’s okay to put it up near a toilet though! Think of a place where you can stand or sit for a while each day and get positive vibes as you view your vision board.

The way you view your vision board also matters! Simply glancing at it won’t produce the results you want, so commit to studying the contents of your vision board for at least 5 minutes, once a day. Read quotes and affirmations that you’ve put up aloud and with conviction. Be careful of resorting to daydreaming; you want to visualize how you’ll work to attain your goals, not just envision your life after you achieve all that you want.

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell

7. Redo the Board as Needed

You don’t have to stick with the same vision board arrangement for the whole year! There are bound to be changes in your life, so feel free to re-arrange images and affirmation words to reflect the same. Do leave some blank space so you can add new goals as they come along.

Bear in mind that you shouldn’t feel pressurized to have a new arrangement for every month of the year. A vision board only needs to be redone in the event of major changes that affect your outlook and focus.

Don’t let doubts creep in. Every time you look at your vision board, take a deep breath, smile, and tell yourself that you’re closer to achieving your dreams.So get started on creating your inspiring vision board, and let it fire you up to turn your dreams into reality!

How has your vision board helped you? Comment below!

Image courtesy of Twenty20.com

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10 “Brick-In-The-Head” Moments You’ll Encounter as an Entrepreneur

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The entrepreneurial life is one of the most challenging, stressful and risky avenues to success you could possibly choose. The issue with doing it alone in business ventures is exactly that; you’re alone. To be a successful entrepreneur, you have to be driven, thick-skinned, and ready for any curve balls.

Here is a list of 10 ‘brick-in-the-head’ moments you’ll need to overcome on your path to becoming a market leader:

1. Letting criticism get to you

The ways society deals with ambition and success is very odd, and you may feel like you’re unfairly criticised by your peers regularly. The reality is that you’ll encounter plenty of jealousy and bitterness during the course of your career.

This isn’t to say that all criticism is malicious – constructive critique can go a long way. But remember that nobody understands your vision better than you. Remember that the art of good entrepreneurship is to delve where nobody else is willing to go.

When Bill Gates decided to offer his Internet Explorer browser as a free package with his Operating Systems in 1995, it was considered a counter-intuitive move by some, but ended up being the cornerstone for Microsoft’s resounding dominance.

2. The temptation of ignoring constructive criticism

While it’s worth adopting a thick skin to allow unjust criticism to bounce off of you, it’s also important to know when to take it on board and consider constructive comments. As you’re taking the leap into controlling your own business, sometimes it can become too easy to concentrate on the nuances of your work and miss the bigger picture. Take the time to consider advice that you are offered – if it fits in with your vision, then it may be worth taking.

3. Keeping on top of your cash flow

Making sure you’re focused on your finances is one of the biggest parts of being an entrepreneur – after all, it’s all about making money.

If you’re worried about your cash flow, then it’s probably a good sign. All entrepreneurs struggle with money at times in their careers – and so if you don’t keep an eye on your figures then you risk showing signs of complacency. If your figures are really getting to you, then it might be a good idea to skim through your finances and start saving cents here and there.

4. Facing the unknown

One of the most anxiety-inducing moments is being kept up all night wondering which way your venture’s going to go. Entrepreneurship is a volatile career, and coming to terms with the unknown is a big part of the life that comes with it.

Prevention is better than a cure when it comes to dealing with the uncertainty of building businesses. Try to manage your resources well – it could save a lot of worrying a little bit further down the line.

“Many times, the thought of fear itself is greater than what it is we fear.” – Idowu Koyenikan

5. Abandoning your previous career or education

Often the first step on your path to success can be the most difficult and stressful. You could be leaving a comfortable job, or abandoning your studies to go and pursue an idea that, no matter how good, is not guaranteed success.

Here it’s once again advisable to make sure only you have the final word on the route you take in life. Be sure to listen to the advice that those close to you have to offer but just remember that the choice is yours.

6. Time management

Difficulties with time management can be a big cause of stress when setting up your own business.

The most stressful aspect of this could be that you neglect other parts of your life in order to oversee the successful running of the company.

Juggling your time is perhaps the primary problem that is faced by entrepreneurs. You have to make sure you focus on your output, marketing and networking all at the same time, which can get overwhelming.

Here, the best remedy is to keep records of your tasks and goals using available tools. One should set rotas of where to invest their time and attention over the course of a coming week. It might not seem like much, but it could lift a heavy burden off of your head.

7. Making the right decisions

As an entrepreneur, the significance of the decisions you make could mean life or death for your business. This burden can weigh you down heavily. Remember the very best in the industry make the wrong decisions, and many of the greatest entrepreneurs today have gotten into the position they’re in through trial and error.

The markets are often volatile, and extraneous circumstances which could never be accounted for can come into play. One must find a way of coping with the process of making company defining decisions, and once you’ve become confident enough to take big decisions in your stride, you’ll be well on the way to industry success.

8. Staying true to your vision

Things have a habit of changing very quickly in business. You’ll need to adapt to the ever-shifting sands and stay true to your vision. Sometimes this is easier said than done. Construct a mission statement for your business that you can refer back to in order to hold on to the reason you decided to pursue your idea in the first place. Sometimes seeing what you’re working towards written down can be enough to keep you focused on your goals.

“You have to understand your own personal DNA. Don’t do things because I do them or Steve Jobs or Mark Cuban tried it. You need to know your personal brand and stay true to it.” – Gary Vaynerchuk

9. Team building

Here it’s important to recruit not only the most skilled candidate but the candidate that’ll best fit into your vision for the office culture. Sometimes finding a confident and engaging candidate is a critical factor in recruiting for a job that requires plenty of teamwork and client interaction. The best course of action for lowering the stress of team building is to look for candidates that express themselves in a way that fits the business work ethic best.

10. Dealing with failure

Virtually every entrepreneur has to face the prospect of failure at multiple points in their career. The best way to avoid becoming bogged down by an unsuccessful business is to see it as an exercise in trial and error. Learn from your mistakes, and if your startup has failed, what caused it to fail?

Welcome failure as a valuable learning tool, and jump back into the industry you desire to improve. Improve your original idea or find another one because the life of a successful entrepreneur is built on plenty of experiences and lessons – many of which were learnt the hard way.

What other encounters have you had as an entrepreneur? Comment Below!

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5 Things You Must Have in Order to Succeed as a Freelancer

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Up until about 3 years ago, I honestly had no idea what a freelancer even was. It sounded like a cool job title and I secretly envied people who could call themselves one. Didn’t they get to travel the world with a laptop and go sailing and sip margaritas beside some of the most beautiful beaches on the planet? Yup, I wanted to be a freelancer.

I wanted in on this action. I had no idea what I was getting myself into, but I was sure I could pull this off, couldn’t I?

The Mystery Slowly Unravelled

And so began the digging and sniffing around. The more research I did, the more I realized this wasn’t for the faint of heart. I took in as many blogs and pdf’s as I could. I watched YouTube tutorials until my eyes bled. I took in everything I could about it.

I decided that I could easily become a freelance writer. I got good writing skills (did you catch that?) thanks to so many letters written to ex boyfriends behaving badly, and my journal. Yup, I could definitely be a writer.

So now what? Now the real work begins. So you want to be a writer, huh? Get ready girl. You have tons of work ahead of you. Little did I know.

Can’t I just tell stories?

I just wanted to write about all my crazy life stories ‘cause Lord knows I have a million. Surely someone will want to read them, no? Isn’t writing and blogging just about telling stories of how you had some ridiculous upheaval and how you overcame it? I can write about that until the cows come home.

I was determined to write these stories and send them out to anyone, everyone and no one. I hit up all the high authority sites right away. No small fry stuff for this girl. I have great stories and someone needs to read them.

“The work never matches the dream of perfection the artist has to start with.” – William Faulkner

Was I in for a surprise

Apparently not everyone wants to read your stories. Apparently not everyone thinks your stories are great. Apparently not everyone thinks you’re a good writer. I thought this freelance writing stuff would come easy. I can write dammit and I’m friggin’ good at it! They’ll see.

It just didn’t work like that. As I worked my regular full time day job as a hairstylist I continued to write my heart out, before and after work, determined to leave this life behind and become a freelance writer. Little did I know. 8 months of cutting hair and blogging for free taught me many many things about myself and the freelance world.

Here are the 5 things you better have if you want to make it as a freelancer:

1. Determination

You must be all in or all out. There is no in between. You can’t let up or stop for one single minute. You want to be a freelancer, you must give it 100%. This gig isn’t for half assers or sissies. Nope. Only the hardcore, diehard peeps with a strong deep desire for a life of freedom will make it here. There is no giving up. Ever.

2. Passion

If you don’t feel it, you won’t be able to do it. It has to come from deep down in your heart, soul and belly. The reason you want to do this must consume you (and the reason should be more than just money). You should be eating, living and breathing this passion you have to become a freelancer otherwise you’re already doing it for the wrong reasons and you won’t be happy. Trust me on that one.

3. Persistence

Never ever give up and don’t take no for an answer. If a million people say no to you, remember someone is going to say yes. If someone said no a million times keep at it. Figure out what you did wrong and polish up your skills (all the no’s will give you ample opportunity to do just that).

“Writing is an exploration. You start from nothing and learn as you go.” – E.L. Doctorow

4. Open mindedness

Stay open to learning new things. Stay open to networking and connecting with others. You will need to collaborate with other bloggers and people who are already doing this for a living in order to learn. You will need to throw your net out far and wide and take in all sorts of wondrous tools. Get ready to step way out of your comfort zone.

5. Confidence

This was a biggie for me. I was pitbull, determined to make it so no amount of no’s was going to get in my way. There were some days I honestly did feel like throwing in the towel (we all have days like that) but I would brush off my butt and lick my wounded ego and keep at it. Have confidence in your skills. Just because 10 people don’t want your stuff doesn’t mean there isn’t 10 out there who do! Remember that. You ARE good at what you do.

Do you have what it takes? Of course you do! It took me almost 9 months before I finally cracked the freelance world and another year to become a full time freelancer. There is no try and there is no giving up. I always tell people, if I can do it, so can you.

What are the obstacles you’re facing right now as a freelance? Comment below!

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5 Crucial Skills to Take Your Business and Relationships to New Heights

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Our personal relationships are very powerful and provide us with a crash course of exponential growth both personally and professionally. You learn an exceptional amount of information about who you are as a person, how you communicate, manage your emotions and discover traits you were blissfully unaware of.

Of course everyone wants to hear the beautiful love story you so often hear from others. Man and woman meet, fall madly in love, get married and live happily ever after. However, as we all know the fairytale ending is no guarantee.

I met a spontaneous, generous, successful and much older businessman and we dated for a short period of time. I was deliriously happy and determined for everything to turn out perfectly. As expected, he had mastered the art of knowing all the right buttons to push and exactly the right words to say.

I can compare this experience to a going for a long drive in the country. I was speeding down the highway of life, aiming to maintain my complete denial of everything happening around me. To the point that I missed every stop sign, damaged the car from all of the potholes I failed to navigate, and I had several minor accidents along the way.  You name it, I ignored every single red flag that was saying take a detour, choose a different road and look the other way, keep moving forward yet choose a different direction.

Unfortunately, it all came to a grinding halt, when the car burst into flames in the middle of a local National Park causing a wild bushfire. This analogy clearly illustrates the ending of this relationship and the danger of becoming obsessed with a personal goal to the point where it sabotages all your efforts to attain your goal and safely reach your destination.

The brilliant news is that this crash course of exponential growth led to pivotal business lessons that can also help you achieve outstanding results this year. The 5 key business lessons you can develop include:

1. Individual Connection vs Wolf Pack

Be mindful and understand the differences between communicating well with an individual and a team otherwise known as a wolf pack. Notice the differences in the communication, it can be very different. An individual interaction may be far easier than dealing with the wolfpack or vice versa. Pay attention when in both scenarios as it will be highly beneficial for professional career and help you to enhance both new and existing professional relationships.

2. Monumental Giving

Wow, I thought I was a generous person however I quickly realized I had more work to do in this area. This man raised a lot of funds for charities that were close to his heart both personally and via his businesses and he was very proud of his achievement as he should be.

What I liked the most however was the way he built the company culture although he was well renowned for his tough exterior, he did go out of his way to be generous to employees  at all levels within the company and he took the time to get to know them personally despite the number of businesses he was operating at any one time.

“Giving is the master key for success in all applications of life” – Bryant McGill

3. Fanatical Focus

Irrespective of the activity he was engaged in on any given day. From closing a business deal, speaking to a colleague or business associate, negotiating a lease to building his stock portfolio. He was unbelievably fanatically focused on that one activity and ensured that the activity was completed to a very high standard.

Anything less was deemed unprofessional and unacceptable. His unwavering focus was very valuable in making business decisions and closing deals, over delivering on budget, making quick decisions and maintaining relationships.

4. Beware of the ‘Little’ Things

We have heard it before, don’t stress or make a big deal about the little things. When you learn to manage your emotions effectively and allow things to occur rather than resist or get upset about it, life becomes far easier and enjoyable. It allows you to retain your energy for the important things in life and manage actual stressful situations as they arise.

5. Master Communicator

This man was extremely tough and very guarded however, he acted like everyone’s best friend. He understood a lot about how people communicate from their tone of voice, the words they say to how fast or slow they spoke, and he was a master at reading non-verbal communication in both men and women.

“Communication is a skill that you can learn. It’s like riding a bicycle or typing. If you are willing to work at it, you can rapidly improve the quality of every part of your life.” – Brian Tracy

To build a powerful network in business, it is imperative to begin by learning the essentials in communication. Start by researching how to read body language and what various poses or facial expressions mean. By understanding others, you can also adapt your own communication style to become a ‘Master Communicator’ and rapidly improve your overall business results.

As we enter the start of the New Year, now is the perfect time to hone these 5 crucial business skills to take your business and relationships to new heights.

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