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If You Want to Become a Successful Entrepreneur, Keep These 7 Things in Mind

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how to become a successful entrepreneur

Everything starts from your mind. Your thinking will determine your decision and your decision will determine your action. And your action will get you the result, whether you want it or not.

Therefore, if you want to be a successful entrepreneur, first you have to adopt the right mindset. When you have the right mindset, you will make the right decision, which will lead you to take the right action. And if you take the right action, you will be able to produce the right result.

Here are 7 actions that will help you become a successful entrepreneur:

1. Be proactive

A successful entrepreneur is someone who is proactive and gets things done rather than someone who waits for things to happen and then respond. Your reactive mindset is not going to help you in your business.

This is exactly how Richard Branson started his Virgin Airline business. Instead of being stranded in the airport due to flight cancellation, he leveraged on his proactive mindset and solved the problem. He chartered an airplane and sold tickets to the stranded passengers. And the rest is history.

Everyone has dreams. Are you going to act on your dreams or are you just going to let it be a dream?

 

2. Be innovative

Just like Apple’s tagline, you need to “Think Different” to create outstanding success as an entrepreneur. This world is full of ordinary people who take orders, work without thinking and never question anything. That is why they are just ordinary.

Being an entrepreneur is different. You have to think differently than ordinary people and be innovative. Look at how Steve Jobs transformed the personal computer industry with Mac. He did it again with iPod in the music industry and then conquered the mobile phone industry with iPhone.

You have to think into the future and dream big enough to create change to the industry.

“Innovation is taking two things that already exist and putting them together in a new way.” – Tom Freston

3. Trust yourself

Trust your ability, trust that you can do it and believe in your dreams. You have to be the first person to believe in yourself. There will be a lot of rejections, a lot of setbacks and a lot of mistakes waiting for you to get through.

Every successful entrepreneur trusts himself or herself that he or she can build something extraordinary. This is what allows ordinary people to tap into their maximum potential and create amazing results in life.

If you don’t trust yourself and your dreams, you would give up sooner than you think. People can produce outstanding success in their lives because they believe and persist with their dreams.

 

4. Never give up

The world as you know it would be very different if Henry Ford gave up his dream to mass produce cars. And can you imagine, there will be no Disneyland if Walt Disney gives up as well?

All the great successes are a result of someone’s tenacity and their mindset of never quitting. If you quit, you lose. As long as you did not quit, you stand a chance to win the game. So never give up.

 

5. Have fun

As an entrepreneur, you need to have fun as well. Regardless of whether it is in your life or business, you need to have fun to create great work.

Richard Branson said, “A business has to be involving, it has to be fun, and it has to exercise your creative instincts.” If it is not fun, you’d rather look for something else to do.

Having fun is one of the most underrated things in business that most people don’t take into consideration. Remember, your work is going to fill up a large part of your life. You want to have fun and have the passion when doing it.

 

6. Dare to take risk

Are you a risk taker? When I mention taking a risk, I don’t refer to taking a risk like gambling. I’m talking about taking calculated risk. Successful entrepreneurs study the situation, do the research and calculate the risk before they jump in.

There’s no point going into the game if you know you are going to lose. You go into the game because you know that you have a higher percentage to win the game. The same goes in business. Don’t jump into a business opportunity blindly. Study the situation and do the research.

Understand that you will go in only when you have a higher chance of winning. If you don’t have that competitive advantage of winning, it is not taking the risk; it is gambling.

“The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg

7. Be extraordinary

Dare to be different. If you cannot differentiate your business from others, you are in trouble. Everyone else has been taken; you just need to be yourself. It is the time when you stay true to your authentic self; you will be able to create the breakthrough because you are shining as yourself, and not others.

Another thing about being extraordinary is that you need to do the additional and go the extra mile. The difference between ordinary and extraordinary is the little extra that you put in.

Every successful entrepreneur goes the extra mile, does something more, puts in more time, pour in more effort and take more action than ordinary people. That is why they are successful.

Some of these may not be your strength but you have to adopt them, practice them and live them. It may not be easy, and it will be challenging to practice them, but the reward will be well worth it. Keep these seven things in mind when becoming and entrepreneur.

How many of these do you use in your entrepreneurial journey? Please leave your thoughts in the comment section below!

Want to connect deeper and learn more from Shawn Lim? Join his newsletter and download his free guidebook, Goal Achievement Blueprint, to learn how you can achieve higher and greater success in life. Or you can visit his blog at http://StunningMotivation.com

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4 Comments

4 Comments

  1. Raymona Brown

    Jul 1, 2016 at 8:43 pm

    Waw, This is a true eye opener, i found number 4 never: give up and number 5: have fun to be especially true. In my years as a young entrepreneur I realized that the way i did anything was the way i did everything, i gave up on many of my attempted investments and it was not until i decided to stick with the investment i choose and never give up on it that i was able to find the success that i had been seeking. Another thing i had to learn was that success is not a destination it is a journey so it is important that you do not wait until you are successful to have fun, but instead you have fun on your way there.

    • Shawn

      Aug 6, 2016 at 10:07 am

      Hi Raymona, you are right. We do not have to wait until we’re successful only to enjoy the journey. We can enjoy the journey while on our way to success. 🙂

  2. Tim Denning

    May 25, 2016 at 6:29 pm

    Shawn I believe number seven is the most important point for an entrepreneur. The amount of times I hear business people say “we can’t compete” or “competition is affecting our margins,” is way more than necessary.

    Many of these entrepreneurs don’t have a product or service that is extraordinary and I believe they lack the passion. o one wants to buy from another copycat; you have t stand out in business to be noticed and to be able to charge high margins.

    • Shawn Lim

      May 29, 2016 at 4:59 am

      Hey Tim, you are right. I think to build a great business is all about being ‘remarkable’ and ‘exceptional’ in our own ways. There’s no need to copy what others are doing. Cheers

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Entrepreneurs

5 Guilty Pleasures to Cut Out Immediately if You Want to Be a Successful Entrepreneur

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Admit it, you admire the mansion, you covet the sports car, you dream of that private jet or owning that marvelous yacht. To make matters worse you see your boss owning all of these and living the “good” life.  Deep down you envy your wealthy boss because you wish you could have his possessions.

These feelings and thoughts are all too familiar to wantrepreneurs. But to tell you the truth, you probably will never own any of these. Why? Because most people today lack focus.

Studies shows that more than ever, young people are dreaming of becoming entrepreneurs, build magnificent businesses and fire their bosses. Yet many younglings settle for the cubicle lifestyle.

You see it’s not that these younglings lack talent; not at all. It is simply because there is too many distractions. The previous generation had less distractions which made focus so much easier. However, all is not doomed for this generation if they simply learn how to cut through the noise and learn how to focus like their predecessors did.

Here are 5 guilty pleasures you should cut out today if you want to be a successful entrepreneur:

1. Friends

Have you noticed how small the circles of the most successful and wealthiest amongst us are? Yes they socialize a lot, have a lot of acquaintances and know tons of people. Yet they deliberately minimize their circle of real friends to a select few.

Why is that? Because they realized that they do not need too many people in their personal lives. Having a plethora of friends isn’t necessarily a good thing, it actually reeks of disaster. It is best to have a handful of trustworthy, helpful friends than a bunch of leeches.

Choose your friends wisely, and also choose friends that you can trust.” – Elyn Saks

2. Video gaming

I place video gaming high on this list because to me, it is the number one killer of success. The video game industry is booming at an alarming pace. Shockingly, 95% of boys and a staggering 94% of girls play video games.

Video game designer Jane McGonigal argues that our workplaces could learn a lesson or two from the consequences/rewards systems in gaming. “The truth is this: in today’s society, computer and video games are fulfilling genuine human needs that the real world is currently unable to satisfy,” said McGonigal, the director of Game Research and Development at the Institute for the Future.

“Games are providing rewards that reality is not. They are teaching and inspiring and engaging us in ways that reality is not. They are bringing us together in ways that reality is not.”

While this statement is highly alarming, it is indeed true. After a long day at work who would want some more stress by trying to develop a product or service or thinking of starting a business? It is easier to indulge into video gaming than worry about the harshness of real life.

To tell you the truth, if you desire to be successful the first thing you need to do is throw out that gaming console and focus on some business ideas. Make a business plan, incorporate the right partner, network and learn as much as you can.

3. Too many self-help books

I personally love books and I enjoy a good self-help book now and then. Yet, I know there is no book that can present itself as the manual to live a happy and successful life.

Imagine a stranger walking up to you vilifying your entire existence, telling you countless times that you’ve been living your entire life wrong and that the only road to happiness and success is to be and do just like he/she did, then silently takes off. Wouldn’t it be confusing?

I recommend everyone read self-help books as a form of inspiration or entertainment not to find life’s answers. Nobody can tell you what to do, how to think and what your personality should look like.

“The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense.” – Thomas Edison

4. Excessive partying/television

Successful people rarely go clubbing. You might see them at social events here and there but they make sure to keep a balance life. More than just socializing they are focused on their next big venture. Even social events are utilized as networking vehicles. Cut the crap, party less and focus more on that which you wish to achieve.

Too much television: the TV is such a poisonous distraction. Television really offers nothing of substance, yet many of us transform into couch potatoes for hours watching shows.

Many successful people have reportedly admitted to not watch or even own a television for it doesn’t bring any usefulness to their lives.

5. Your hobby

There is only one thing that Beyoncé, Mariah Carey, Michael Jackson, Elon Musk, Michael Jordan and countless others have in common. They turned a simple hobby into a lucrative professional career.

It is noticeable that most successful people immersed themselves fully through countless hours of hard work and transformed a simple hobby into a lucrative career. The key here is to focus on earning a career on your God-given talent instead of just treating it as just another hobby.

How badly do you want to succeed? Are you willing to cut out certain parts of your life which provide no benefit to you? Let us know how you feel in the comments below!

Image courtesy of Twenty20.com

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8 Obvious Signs You Were Built for Entrepreneurship

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Entrepreneurs are not born but they cultivate the skills of entrepreneurship within them. To be an entrepreneur, you have to be passionate, resilient, tolerant to ambiguity, have vision, flexibility, believe in yourself and be a rule breaker. These are just the few indications that an entrepreneur is growing inside you.

Here are a few unexpected signs that will surely help you in deciding whether you should go for entrepreneurship or not:

1. You are not easily contented

Normal people think of how to celebrate their victory after achievements but entrepreneurs think “What’s Next?” They are always restless and never satisfied with their achievements. They always crave for something new and are ready to take on new challenges.

2. You are a control freak

Entrepreneurs always love to be in charge of their work but at the same time, they need to maintain the balance between controlling business and letting the talented people around take the reins. If a person likes being in charge and can easily convince people to follow their vision, then they can be a good entrepreneur.

3. You are a born risk-taker

Nothing high can be achieved without the risk. Hence, entrepreneurs are calculated risk takers. If you love risk, entrepreneurship is likely going to be a great fit for you.

“Do one thing every day that scares you.” – Eleanor Roosevelt

4. You like making your own money

A desire that you pay yourself for the accomplishments is a clear calling card of an entrepreneur.  Entrepreneurs start with working for other people’s ideas for a fair salary, but after getting fed up they start their own business and work on their own ideas.

5. You don’t fit in the crowd

Successful entrepreneurs don’t lead a normal life. They are mostly drop outs, quit lucrative jobs, and do silly things simply because they want to live a life on their own terms. If you are a black sheep and always eager to do something out of the box, then entrepreneurship is your catch.

6. You are an introvert

Entrepreneurs are introverts and hence they recharge themselves in the best way by being alone. Being introverted means that you are more of an “ideas” person and are great at fostering a team environment. There are always certain entrepreneurial advantages that come from being an introvert.

7. You are passionate

Being a successful entrepreneur is not an overnight success. From lack of customers to profits, one has to face everything. Without an undeniable passion for your work, it will be very difficult to cross all the disappointments and hard times ahead. Pick any successful entrepreneur and you will find their passion for their work is the key to their success.

For once, let’s take the example of Atul Gupta, an Indian Born South African businessman who even after many failures in his starting days of business is currently the owner of almost all the sectors, be it mining industry, media industry in South Africa. His passion is the answer to all his failures and his competitors.

“You can’t fake passion.” – Barbara Corcoran

8. Confidence is your success mantra

Entrepreneurs always believe in their abilities and know that they can succeed, but they need to sell their idea and lead a team. In many cases, confidence goes a long way in each of these pursuits.

There are many different personality traits that help entrepreneurs become successful, and these are just a few of the possibilities. If you find any of these listed descriptions being relatable, it’s likely that you’re destined for work as an entrepreneur. Don’t wait any longer. Get out there and change the world!

How do you plan on changing the world? Tell us your dreams in the comments below!

Image courtesy of Twenty20.com

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Before You Start A Website, Read This.

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Starting A Website - Blogger

Let’s face it, many of us would like to build something of our own. Maybe it’s a community, a platform, a brand, a charitable cause. No matter what you want to build, you’ll need an online presence.

Last week, I caught up with an infamous blogger whose passion it is to support equality amongst the gay community.

This conversation felt like dejavu. I seem to be getting a lot of people ask me about starting an online presence for the first time. Sadly, almost everyone I meet goes about it the wrong way. I too, just like you, had to go through this process once upon a time, so I’ve got some super cool, very simple tips that will help you.

 

Should you start with a website or something else?

This is the very first question you should ask yourself.

Benefits of a website:

You own it.
You control the look and feel of the site.
You can capture subscribers and get their email address.

 

Downsides of starting a website:

No one will find it initially.
You need basic skills to code it, or you must go back and forth with a web developer.
It takes time to build so you may give up too soon.
Maintaining it takes effort.

So there are pros and cons to having a website. In my situation, I got lazy and knew that I would give up if there were too much of a barrier to entry. I chose to do what I’m going to recommend next.

 

Consider leveraging someone else’s website or blog.

I’m one of those people that is not technical and just wants to get started because I know I’ll procrastinate if I don’t.

I chose to leverage someone else’s website which already has a massive following. I chose to join Addicted2Success and use there more than 3 million followers to find my voice. This a great option for you too.

 

Just getting started helps you find your way.

In the beginning, it’s hard to know what direction you will take. Your message, your voice, the topics you focus on, the people you work with, will all change. I found it best to get these things sorted out first before starting my own website.

As I’ve created content, I’ve narrowed in on the topics I write about which are now personal development and entrepreneurship. I’ve finally found my voice which is simple, a tad sarcastic, a little bit funny (says me LOL), extremely vulnerable, and again, hopefully authentic.

Using someone else’s platform works well before you start a website.

 

Social Media is challenging: here’s why.

In my experience, using most social media platforms to start now is one of the hardest ways. It’s not impossible; however, it has got a bit harder.

“The trick I’ve found if you want to start exclusively using social media is that you need to get on a platform early before the organic reach is destroyed”

Organic reach = the ability to have your content shown to people without the need to pay.

The other downside with most social media platforms nowadays is that you can only communicate with your followers through posts. Who gets to see these posts is heavily influenced by what’s good for the social media platform and not what’s good for you. Your creative freedom can be limited.

You also should keep in mind that on a social platform you don’t control the design or user experience whereas you do when you own your own website.

 

Now onto SEO.

SEO stands for Search Engine Optimization.

In the old days, this was a big thing if you were thinking of starting a website. Now, it still matters although the game is changing. SEO came about because of Google and people using search engines. A lot of searches are not happening on Google anymore.

Here’s what’s changed:

People use Amazon to search for products.
People use Instagram to find things like restaurants because they can see pictures beforehand.
People find people using Facebook.
People find professionals through LinkedIn.
People enjoy video through SnapChat and Instagram Stories.

As you can see, there are now way more targeted places to search for things. When creating a website, one of the ways it will be found is through Google. There’s a lot of competition to appear and money is often required. It’s no longer so much about keywords, and more to do with the value you bring to a potential user. Measuring this value is becoming increasingly complicated.

 

One approach to consider before starting a website.

Find a platform you love.
Start on that platform first in any capacity you can.
Refine all the elements that make up the one big thing you want to start.

Once you get some traction in the form of followers and engagement, set up a landing page.

Landing page: a single website page that only has one button you can click.

Use this landing page to capture subscribers and begin the early stages of a website. When you feel you have reached the tipping point and you’re regularly getting what you set out to do, then, maybe think of starting a website.

 

Remember this.

Having a website means nothing if people can’t find it.
Having a website means nothing if you are not adding value.
Having a website means nothing if it’s not updated and looks terrible.
Having a website means nothing if you are not in it for the long game (years).

Don’t be so quick to want to set up a website. Really think about what you are trying to achieve. Consider your options and focus on the simplest path forward to finding your passion, your why and the way you can add value to everyone on this planet. Once you’ve nailed all of these, then maybe think about a website.

Alternatively, ignore everything I’ve said and you may find yourself right back where you started, quicker than you think (months even).

 

Instant gratification is the challenge.

“One reason people give up on their beloved website so easily is because we live in a culture that craves instant gratification. If we don’t see one hundred followers on the first day like our cousin Emmanuel, then we think we’ve failed”

 

What I’ve learned through this same process is that the early stages are quiet. Not much seems to be happening in the beginning. That’s because like I said before, you’re still finding your voice. You’re not going to be 100% congruent with all of the elements of your vision until you’ve got some runs on the board and seen what works.

That’s okay. Don’t make the world pity you; make the world see what you have to give through taking action for more than a short period of time.

 

A website doesn’t make you a baller.

There seems to be an element of ego attached to having a website.

“Let me break the bad news to you Johnny: Anyone can start a website and you’re not superior for owning one”

So now we’ve got that out of the way, focus again on what you can do for all of us who may become a follower of your mission. Find ways to inspire us all. That’s what makes you a baller.

 

Authentic and real trumps all (sorry I said the word trump).

Whichever direction you decide to take, know that more than any single element, telling a real story that is authentic will help you the most. People are tired of fake. A website that has a fake founder or a fake message is boring. We’ve seen it all before and no one is tuning into that station anymore.

 

Be different instead of better.

If I had a dollar for every person that told me they want to interview entrepreneurs, I’d be a billionaire. Doing what everyone else is doing and trying to be better doesn’t work. It’s hard and when times get tough, you’ll give up.

Instead, get inspired by something you love and do it differently. If you want to interview entrepreneurs, then maybe do it with your iPhone while riding around on a motorbike in different cities. Maybe dress up in a 1980’s tennis outfit and interview your beloved entrepreneur.

Just do the online thing in your own unique way without trying to be like all the wannabes. That’s how you stand out and have your own website one day that does get noticed.

 

Let’s wrap it up so you can get to work.

There are multiple options to consider before starting a website. Having a website is not the only way to build something of your own. You can use social, try a landing page or leverage someone else’s platform first.

A website is not a big deal anymore. Who you are, what you have to say and the value you bring is what matters – not your website.

If you want to increase your productivity and learn some more valuable life hacks, then join my private mailing list on timdenning.net

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The 5 Most Effective Productivity Hacks for a Busy Entrepreneur

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Technology is both sinner and saint. The Internet and its mobile cousin, the smartphone, have given us incredible gifts: unlimited knowledge at our fingertips and a reach greater than the Pentagon had just 40 years ago.

Despite this, our lives seem to be getting harder and more stressful.. We have become so dependent on technology to the point where it’s become the opposite of what it set out to do – make our lives better. It’s certainly more convenient, but for many people, it’s become an addiction. And no addiction is good.

Numbers don’t lie

According to a national survey from TeleNav, here are some statistics to think about.

  • 66% of smartphone users said they sleep with their phone next to them.
  • 21% of respondents would give up their shoes for a week instead of their phone.
  • 21% of iPhone users said that they would rather go a week without seeing their significant other than give up their phone
  • 34% of iPhone users regularly check their email at the dinner table.

So we have a problem and the first step to fixing a problem is acknowledging you have one. The second step is going to work on it.

Here are five productivity hacks that are surprisingly simple, and yet incredibly effective. It’s not a question of if they’ll work for you and your unique situation, but how many of them will you actually put into use.

1. The email trap

This is something a friend learned from Brendon Burchard’s High Performance Academy and was kind enough to share it with me. Want to be 30% more productive today with almost no effort? Stop looking at your email in the first 60 minutes of the day. 90% of people wake up, grab their phone, and check their emails. By doing this, you let other people’s needs and wants dictate your life.

2. Health

Tony Robbins would talk about this back in the 80s with his late-night infomercials, and it’s something he’s gotten even more passionate about as new information is uncovered in the fields of nutrition and neuroscience. Health can be divided into three separate areas: Food, water and stretch.

Food is fuel for your body. You wouldn’t put cheap oil in a Ferrari, so why do people eat fast food? Because they want something quick that fills them up. I get it, and from time to time it’s no big deal, but you want to have a well-balanced diet full of vegetables, fruits, fish, chicken, and pork.

Hydrating, aka drinking water, is one of the fastest productivity hacks around. Every high-performance coach talks about it. Instead of drinking alcohol, coffee, soda, switch to water. Within a week, you’ll feel a difference in how you feel. You’ll have more energy, sleep better and more productive than ever. Try it and see.

We all know the benefits of exercise, so why is it we find every excuse not to do it. A work-out takes time, you sweat, you feel tired and it can be downright depressing to see how out of shape you are when you haven’t exercised for a long time. Stretching, on the other hand, is quick and easy. No heavy lifting. Just 10 minutes to get your body limber will go a long way to feeling better. Your body will thank you.

“Love is not as important as good health. You cannot be in love if you’re not healthy. You can’t appreciate it.” – Bryan Cranston

3. Oxygenate your body

If you want to give your body a boost then breathe. Not unconsciously, like we all do but consciously like people doing yoga. This takes less than five minutes and you’re good to go. Athletes such as swimmers, runners, and karate fighters understand the power of breathing better than anyone, and how it is a critical component of success. The best part, it’s easier than ever to train yourself to breath better with the help of apps such as Breathe2Relax, Pranayama, Breathing Zone and Relax: Stress and Anxiety Relief.

4. Confirmation email

This was taught to me by my mentor back in my late twenties and it transformed how I dealt with coworkers. We often think that the greatest pull on our time are clients, but what is often overlooked is the frenemy. Colleagues that are seemingly on your side, but are taking advantage of your time and energy.

We have all met them before. They are the ones who pawn off their most difficult, challenging tasks to others. They appeal to people’s kindness and ask them if they can “help” them with something. What they often mean is, “Can you do it for me?” But they know that doesn’t fly so they resort to sneakiness.

When I first learned the technique of the confirmation email, I could hardly believe my eyes because tasks that had been thrown in my lap and taking up much of my time, suddenly vanished. People eventually stopped asking me to help them, because they couldn’t be bothered.

Car salespeople have an expression for these people: tire kickers. In business, to weed out the serious from the not so serious, just ask them to put their request in an email. It’s amazing just how powerful this technique can be.

We cannot waste time. We can only waste ourselves.” – George Matthew Adams

5. Chunking

My personal favorite productivity hack, and the one I have my clients implement immediately because it’s just so easy. Essentially it’s doing two tasks at the same time, but no, I’m not talking about multitasking. Multitasking is dividing your energy between two or more tasks, which is counterproductive. Chunking is combining two activities together that don’t detract from the other.

Here are some examples of chunking that work for me:

–      Having a meeting while walking

–      Stretching while watching TV

–      Doing breathing exercises while sitting in front of your computer

–      Listen to an audio program while driving

And there you have it, the five most effective productivity hacks for the busy entrepreneur. Easier than you think, more powerful than you realize.

Which one of these was your favorite productivity hack? Let us know in the comments below!

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Is Fear of Failure Keeping You Stuck in a Lifeless Job? Here Are 5 Things to Do

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Are you stuck in a job that doesn’t fulfill you and you can’t seem to find a way out? Chances are that your fear of failure is holding you back. You constantly dream of change, but the dream is quickly replaced by worse case scenarios or self-doubt: What if you don’t find a better job? What if you don’t stand out in a competitive market? What will others think if it doesn’t work out?

At the end of this line of reasoning is the conviction that you’re not the only one who’s not satisfied, and that’s just how life goes. After all, bills won’t pay themselves, right? So you keep toiling away, increasing your level of self-dissatisfaction while quietly hoping that things will somehow improve on their own.

Fear becomes the self-imposed obstacle that prevents you from taking the steps that are necessary for the change(s) you long for. I can recall numerous times in my life where I gave in to my fears and compromised with my goals and desires to play it safe. I was stuck and my dream life and career felt so out of reach. The voice of my inner critic showed up every time I attempted change, to convince me I wasn’t ready and I didn’t have enough to shift.

So how do we overcome the fear of failure, so we can propel change? By removing the notion that change is a threat. Our ego thrives on fear. Its sole purpose is to keep us safe and protect us from taking risks. When we perceive a threat we activate the part of our brain called “amygdala” and we go into fight, flight or freeze mode.

Our simple survival mechanism limits our potential by overemphasizing the fear of failure. Fight or Flight takes hold, but growth does not. We survive, but we don’t thrive, and therein lies the problem. We crave meaningful work that doesn’t drain us, but fulfills us and makes us happy. So how do we take the leap? (more…)

Vanya Lazarova is a certified professional coach, specializing in helping people create their life's work by starting with purpose and authenticity. She loves writing, reading, psychology, philosophy, arts and all forms of self- expression. She co-founded a personal development podcast called "The Coaching Journal", where she offers thought provoking concepts to empower people intentionally design the life they want to have. You can find more about Vanya and the work she does on her website www.LiveAuthentic.net and at her podcast The Coaching Journal.

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4 Comments

4 Comments

  1. Raymona Brown

    Jul 1, 2016 at 8:43 pm

    Waw, This is a true eye opener, i found number 4 never: give up and number 5: have fun to be especially true. In my years as a young entrepreneur I realized that the way i did anything was the way i did everything, i gave up on many of my attempted investments and it was not until i decided to stick with the investment i choose and never give up on it that i was able to find the success that i had been seeking. Another thing i had to learn was that success is not a destination it is a journey so it is important that you do not wait until you are successful to have fun, but instead you have fun on your way there.

    • Shawn

      Aug 6, 2016 at 10:07 am

      Hi Raymona, you are right. We do not have to wait until we’re successful only to enjoy the journey. We can enjoy the journey while on our way to success. 🙂

  2. Tim Denning

    May 25, 2016 at 6:29 pm

    Shawn I believe number seven is the most important point for an entrepreneur. The amount of times I hear business people say “we can’t compete” or “competition is affecting our margins,” is way more than necessary.

    Many of these entrepreneurs don’t have a product or service that is extraordinary and I believe they lack the passion. o one wants to buy from another copycat; you have t stand out in business to be noticed and to be able to charge high margins.

    • Shawn Lim

      May 29, 2016 at 4:59 am

      Hey Tim, you are right. I think to build a great business is all about being ‘remarkable’ and ‘exceptional’ in our own ways. There’s no need to copy what others are doing. Cheers

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Entrepreneurs

5 Guilty Pleasures to Cut Out Immediately if You Want to Be a Successful Entrepreneur

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Admit it, you admire the mansion, you covet the sports car, you dream of that private jet or owning that marvelous yacht. To make matters worse you see your boss owning all of these and living the “good” life.  Deep down you envy your wealthy boss because you wish you could have his possessions.

These feelings and thoughts are all too familiar to wantrepreneurs. But to tell you the truth, you probably will never own any of these. Why? Because most people today lack focus.

Studies shows that more than ever, young people are dreaming of becoming entrepreneurs, build magnificent businesses and fire their bosses. Yet many younglings settle for the cubicle lifestyle.

You see it’s not that these younglings lack talent; not at all. It is simply because there is too many distractions. The previous generation had less distractions which made focus so much easier. However, all is not doomed for this generation if they simply learn how to cut through the noise and learn how to focus like their predecessors did.

Here are 5 guilty pleasures you should cut out today if you want to be a successful entrepreneur:

1. Friends

Have you noticed how small the circles of the most successful and wealthiest amongst us are? Yes they socialize a lot, have a lot of acquaintances and know tons of people. Yet they deliberately minimize their circle of real friends to a select few.

Why is that? Because they realized that they do not need too many people in their personal lives. Having a plethora of friends isn’t necessarily a good thing, it actually reeks of disaster. It is best to have a handful of trustworthy, helpful friends than a bunch of leeches.

Choose your friends wisely, and also choose friends that you can trust.” – Elyn Saks

2. Video gaming

I place video gaming high on this list because to me, it is the number one killer of success. The video game industry is booming at an alarming pace. Shockingly, 95% of boys and a staggering 94% of girls play video games.

Video game designer Jane McGonigal argues that our workplaces could learn a lesson or two from the consequences/rewards systems in gaming. “The truth is this: in today’s society, computer and video games are fulfilling genuine human needs that the real world is currently unable to satisfy,” said McGonigal, the director of Game Research and Development at the Institute for the Future.

“Games are providing rewards that reality is not. They are teaching and inspiring and engaging us in ways that reality is not. They are bringing us together in ways that reality is not.”

While this statement is highly alarming, it is indeed true. After a long day at work who would want some more stress by trying to develop a product or service or thinking of starting a business? It is easier to indulge into video gaming than worry about the harshness of real life.

To tell you the truth, if you desire to be successful the first thing you need to do is throw out that gaming console and focus on some business ideas. Make a business plan, incorporate the right partner, network and learn as much as you can.

3. Too many self-help books

I personally love books and I enjoy a good self-help book now and then. Yet, I know there is no book that can present itself as the manual to live a happy and successful life.

Imagine a stranger walking up to you vilifying your entire existence, telling you countless times that you’ve been living your entire life wrong and that the only road to happiness and success is to be and do just like he/she did, then silently takes off. Wouldn’t it be confusing?

I recommend everyone read self-help books as a form of inspiration or entertainment not to find life’s answers. Nobody can tell you what to do, how to think and what your personality should look like.

“The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense.” – Thomas Edison

4. Excessive partying/television

Successful people rarely go clubbing. You might see them at social events here and there but they make sure to keep a balance life. More than just socializing they are focused on their next big venture. Even social events are utilized as networking vehicles. Cut the crap, party less and focus more on that which you wish to achieve.

Too much television: the TV is such a poisonous distraction. Television really offers nothing of substance, yet many of us transform into couch potatoes for hours watching shows.

Many successful people have reportedly admitted to not watch or even own a television for it doesn’t bring any usefulness to their lives.

5. Your hobby

There is only one thing that Beyoncé, Mariah Carey, Michael Jackson, Elon Musk, Michael Jordan and countless others have in common. They turned a simple hobby into a lucrative professional career.

It is noticeable that most successful people immersed themselves fully through countless hours of hard work and transformed a simple hobby into a lucrative career. The key here is to focus on earning a career on your God-given talent instead of just treating it as just another hobby.

How badly do you want to succeed? Are you willing to cut out certain parts of your life which provide no benefit to you? Let us know how you feel in the comments below!

Image courtesy of Twenty20.com

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8 Obvious Signs You Were Built for Entrepreneurship

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Entrepreneurs are not born but they cultivate the skills of entrepreneurship within them. To be an entrepreneur, you have to be passionate, resilient, tolerant to ambiguity, have vision, flexibility, believe in yourself and be a rule breaker. These are just the few indications that an entrepreneur is growing inside you.

Here are a few unexpected signs that will surely help you in deciding whether you should go for entrepreneurship or not:

1. You are not easily contented

Normal people think of how to celebrate their victory after achievements but entrepreneurs think “What’s Next?” They are always restless and never satisfied with their achievements. They always crave for something new and are ready to take on new challenges.

2. You are a control freak

Entrepreneurs always love to be in charge of their work but at the same time, they need to maintain the balance between controlling business and letting the talented people around take the reins. If a person likes being in charge and can easily convince people to follow their vision, then they can be a good entrepreneur.

3. You are a born risk-taker

Nothing high can be achieved without the risk. Hence, entrepreneurs are calculated risk takers. If you love risk, entrepreneurship is likely going to be a great fit for you.

“Do one thing every day that scares you.” – Eleanor Roosevelt

4. You like making your own money

A desire that you pay yourself for the accomplishments is a clear calling card of an entrepreneur.  Entrepreneurs start with working for other people’s ideas for a fair salary, but after getting fed up they start their own business and work on their own ideas.

5. You don’t fit in the crowd

Successful entrepreneurs don’t lead a normal life. They are mostly drop outs, quit lucrative jobs, and do silly things simply because they want to live a life on their own terms. If you are a black sheep and always eager to do something out of the box, then entrepreneurship is your catch.

6. You are an introvert

Entrepreneurs are introverts and hence they recharge themselves in the best way by being alone. Being introverted means that you are more of an “ideas” person and are great at fostering a team environment. There are always certain entrepreneurial advantages that come from being an introvert.

7. You are passionate

Being a successful entrepreneur is not an overnight success. From lack of customers to profits, one has to face everything. Without an undeniable passion for your work, it will be very difficult to cross all the disappointments and hard times ahead. Pick any successful entrepreneur and you will find their passion for their work is the key to their success.

For once, let’s take the example of Atul Gupta, an Indian Born South African businessman who even after many failures in his starting days of business is currently the owner of almost all the sectors, be it mining industry, media industry in South Africa. His passion is the answer to all his failures and his competitors.

“You can’t fake passion.” – Barbara Corcoran

8. Confidence is your success mantra

Entrepreneurs always believe in their abilities and know that they can succeed, but they need to sell their idea and lead a team. In many cases, confidence goes a long way in each of these pursuits.

There are many different personality traits that help entrepreneurs become successful, and these are just a few of the possibilities. If you find any of these listed descriptions being relatable, it’s likely that you’re destined for work as an entrepreneur. Don’t wait any longer. Get out there and change the world!

How do you plan on changing the world? Tell us your dreams in the comments below!

Image courtesy of Twenty20.com

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Before You Start A Website, Read This.

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Let’s face it, many of us would like to build something of our own. Maybe it’s a community, a platform, a brand, a charitable cause. No matter what you want to build, you’ll need an online presence.

Last week, I caught up with an infamous blogger whose passion it is to support equality amongst the gay community.

This conversation felt like dejavu. I seem to be getting a lot of people ask me about starting an online presence for the first time. Sadly, almost everyone I meet goes about it the wrong way. I too, just like you, had to go through this process once upon a time, so I’ve got some super cool, very simple tips that will help you.

 

Should you start with a website or something else?

This is the very first question you should ask yourself.

Benefits of a website:

You own it.
You control the look and feel of the site.
You can capture subscribers and get their email address.

 

Downsides of starting a website:

No one will find it initially.
You need basic skills to code it, or you must go back and forth with a web developer.
It takes time to build so you may give up too soon.
Maintaining it takes effort.

So there are pros and cons to having a website. In my situation, I got lazy and knew that I would give up if there were too much of a barrier to entry. I chose to do what I’m going to recommend next.

 

Consider leveraging someone else’s website or blog.

I’m one of those people that is not technical and just wants to get started because I know I’ll procrastinate if I don’t.

I chose to leverage someone else’s website which already has a massive following. I chose to join Addicted2Success and use there more than 3 million followers to find my voice. This a great option for you too.

 

Just getting started helps you find your way.

In the beginning, it’s hard to know what direction you will take. Your message, your voice, the topics you focus on, the people you work with, will all change. I found it best to get these things sorted out first before starting my own website.

As I’ve created content, I’ve narrowed in on the topics I write about which are now personal development and entrepreneurship. I’ve finally found my voice which is simple, a tad sarcastic, a little bit funny (says me LOL), extremely vulnerable, and again, hopefully authentic.

Using someone else’s platform works well before you start a website.

 

Social Media is challenging: here’s why.

In my experience, using most social media platforms to start now is one of the hardest ways. It’s not impossible; however, it has got a bit harder.

“The trick I’ve found if you want to start exclusively using social media is that you need to get on a platform early before the organic reach is destroyed”

Organic reach = the ability to have your content shown to people without the need to pay.

The other downside with most social media platforms nowadays is that you can only communicate with your followers through posts. Who gets to see these posts is heavily influenced by what’s good for the social media platform and not what’s good for you. Your creative freedom can be limited.

You also should keep in mind that on a social platform you don’t control the design or user experience whereas you do when you own your own website.

 

Now onto SEO.

SEO stands for Search Engine Optimization.

In the old days, this was a big thing if you were thinking of starting a website. Now, it still matters although the game is changing. SEO came about because of Google and people using search engines. A lot of searches are not happening on Google anymore.

Here’s what’s changed:

People use Amazon to search for products.
People use Instagram to find things like restaurants because they can see pictures beforehand.
People find people using Facebook.
People find professionals through LinkedIn.
People enjoy video through SnapChat and Instagram Stories.

As you can see, there are now way more targeted places to search for things. When creating a website, one of the ways it will be found is through Google. There’s a lot of competition to appear and money is often required. It’s no longer so much about keywords, and more to do with the value you bring to a potential user. Measuring this value is becoming increasingly complicated.

 

One approach to consider before starting a website.

Find a platform you love.
Start on that platform first in any capacity you can.
Refine all the elements that make up the one big thing you want to start.

Once you get some traction in the form of followers and engagement, set up a landing page.

Landing page: a single website page that only has one button you can click.

Use this landing page to capture subscribers and begin the early stages of a website. When you feel you have reached the tipping point and you’re regularly getting what you set out to do, then, maybe think of starting a website.

 

Remember this.

Having a website means nothing if people can’t find it.
Having a website means nothing if you are not adding value.
Having a website means nothing if it’s not updated and looks terrible.
Having a website means nothing if you are not in it for the long game (years).

Don’t be so quick to want to set up a website. Really think about what you are trying to achieve. Consider your options and focus on the simplest path forward to finding your passion, your why and the way you can add value to everyone on this planet. Once you’ve nailed all of these, then maybe think about a website.

Alternatively, ignore everything I’ve said and you may find yourself right back where you started, quicker than you think (months even).

 

Instant gratification is the challenge.

“One reason people give up on their beloved website so easily is because we live in a culture that craves instant gratification. If we don’t see one hundred followers on the first day like our cousin Emmanuel, then we think we’ve failed”

 

What I’ve learned through this same process is that the early stages are quiet. Not much seems to be happening in the beginning. That’s because like I said before, you’re still finding your voice. You’re not going to be 100% congruent with all of the elements of your vision until you’ve got some runs on the board and seen what works.

That’s okay. Don’t make the world pity you; make the world see what you have to give through taking action for more than a short period of time.

 

A website doesn’t make you a baller.

There seems to be an element of ego attached to having a website.

“Let me break the bad news to you Johnny: Anyone can start a website and you’re not superior for owning one”

So now we’ve got that out of the way, focus again on what you can do for all of us who may become a follower of your mission. Find ways to inspire us all. That’s what makes you a baller.

 

Authentic and real trumps all (sorry I said the word trump).

Whichever direction you decide to take, know that more than any single element, telling a real story that is authentic will help you the most. People are tired of fake. A website that has a fake founder or a fake message is boring. We’ve seen it all before and no one is tuning into that station anymore.

 

Be different instead of better.

If I had a dollar for every person that told me they want to interview entrepreneurs, I’d be a billionaire. Doing what everyone else is doing and trying to be better doesn’t work. It’s hard and when times get tough, you’ll give up.

Instead, get inspired by something you love and do it differently. If you want to interview entrepreneurs, then maybe do it with your iPhone while riding around on a motorbike in different cities. Maybe dress up in a 1980’s tennis outfit and interview your beloved entrepreneur.

Just do the online thing in your own unique way without trying to be like all the wannabes. That’s how you stand out and have your own website one day that does get noticed.

 

Let’s wrap it up so you can get to work.

There are multiple options to consider before starting a website. Having a website is not the only way to build something of your own. You can use social, try a landing page or leverage someone else’s platform first.

A website is not a big deal anymore. Who you are, what you have to say and the value you bring is what matters – not your website.

If you want to increase your productivity and learn some more valuable life hacks, then join my private mailing list on timdenning.net

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The 5 Most Effective Productivity Hacks for a Busy Entrepreneur

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Technology is both sinner and saint. The Internet and its mobile cousin, the smartphone, have given us incredible gifts: unlimited knowledge at our fingertips and a reach greater than the Pentagon had just 40 years ago.

Despite this, our lives seem to be getting harder and more stressful.. We have become so dependent on technology to the point where it’s become the opposite of what it set out to do – make our lives better. It’s certainly more convenient, but for many people, it’s become an addiction. And no addiction is good.

Numbers don’t lie

According to a national survey from TeleNav, here are some statistics to think about.

  • 66% of smartphone users said they sleep with their phone next to them.
  • 21% of respondents would give up their shoes for a week instead of their phone.
  • 21% of iPhone users said that they would rather go a week without seeing their significant other than give up their phone
  • 34% of iPhone users regularly check their email at the dinner table.

So we have a problem and the first step to fixing a problem is acknowledging you have one. The second step is going to work on it.

Here are five productivity hacks that are surprisingly simple, and yet incredibly effective. It’s not a question of if they’ll work for you and your unique situation, but how many of them will you actually put into use.

1. The email trap

This is something a friend learned from Brendon Burchard’s High Performance Academy and was kind enough to share it with me. Want to be 30% more productive today with almost no effort? Stop looking at your email in the first 60 minutes of the day. 90% of people wake up, grab their phone, and check their emails. By doing this, you let other people’s needs and wants dictate your life.

2. Health

Tony Robbins would talk about this back in the 80s with his late-night infomercials, and it’s something he’s gotten even more passionate about as new information is uncovered in the fields of nutrition and neuroscience. Health can be divided into three separate areas: Food, water and stretch.

Food is fuel for your body. You wouldn’t put cheap oil in a Ferrari, so why do people eat fast food? Because they want something quick that fills them up. I get it, and from time to time it’s no big deal, but you want to have a well-balanced diet full of vegetables, fruits, fish, chicken, and pork.

Hydrating, aka drinking water, is one of the fastest productivity hacks around. Every high-performance coach talks about it. Instead of drinking alcohol, coffee, soda, switch to water. Within a week, you’ll feel a difference in how you feel. You’ll have more energy, sleep better and more productive than ever. Try it and see.

We all know the benefits of exercise, so why is it we find every excuse not to do it. A work-out takes time, you sweat, you feel tired and it can be downright depressing to see how out of shape you are when you haven’t exercised for a long time. Stretching, on the other hand, is quick and easy. No heavy lifting. Just 10 minutes to get your body limber will go a long way to feeling better. Your body will thank you.

“Love is not as important as good health. You cannot be in love if you’re not healthy. You can’t appreciate it.” – Bryan Cranston

3. Oxygenate your body

If you want to give your body a boost then breathe. Not unconsciously, like we all do but consciously like people doing yoga. This takes less than five minutes and you’re good to go. Athletes such as swimmers, runners, and karate fighters understand the power of breathing better than anyone, and how it is a critical component of success. The best part, it’s easier than ever to train yourself to breath better with the help of apps such as Breathe2Relax, Pranayama, Breathing Zone and Relax: Stress and Anxiety Relief.

4. Confirmation email

This was taught to me by my mentor back in my late twenties and it transformed how I dealt with coworkers. We often think that the greatest pull on our time are clients, but what is often overlooked is the frenemy. Colleagues that are seemingly on your side, but are taking advantage of your time and energy.

We have all met them before. They are the ones who pawn off their most difficult, challenging tasks to others. They appeal to people’s kindness and ask them if they can “help” them with something. What they often mean is, “Can you do it for me?” But they know that doesn’t fly so they resort to sneakiness.

When I first learned the technique of the confirmation email, I could hardly believe my eyes because tasks that had been thrown in my lap and taking up much of my time, suddenly vanished. People eventually stopped asking me to help them, because they couldn’t be bothered.

Car salespeople have an expression for these people: tire kickers. In business, to weed out the serious from the not so serious, just ask them to put their request in an email. It’s amazing just how powerful this technique can be.

We cannot waste time. We can only waste ourselves.” – George Matthew Adams

5. Chunking

My personal favorite productivity hack, and the one I have my clients implement immediately because it’s just so easy. Essentially it’s doing two tasks at the same time, but no, I’m not talking about multitasking. Multitasking is dividing your energy between two or more tasks, which is counterproductive. Chunking is combining two activities together that don’t detract from the other.

Here are some examples of chunking that work for me:

–      Having a meeting while walking

–      Stretching while watching TV

–      Doing breathing exercises while sitting in front of your computer

–      Listen to an audio program while driving

And there you have it, the five most effective productivity hacks for the busy entrepreneur. Easier than you think, more powerful than you realize.

Which one of these was your favorite productivity hack? Let us know in the comments below!

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