Online success is not all it’s cracked up to be. With it comes the biggest burden of all: requests for your time.
“You can have my freaking money; you know what, you can have my art; you can have my advice for free (I don’t care) but what I realized is you can’t have my time”
When I had this epiphany, I made the decision to start saying no to meetings. Meetings come disguised like the Big Bad Wolf out of Red Riding Hood as the following:
· Podcast interviews
· Coffee Catch ups
· Phone calls
· Product demonstrations
· Joining Slack/Messenger/WhatsApp groups
· I’m in town and don’t know you, but we should catch up”
All of these demands of my time started to add up. Five minutes here. Ten minutes there. Before I knew it, my dream to inspire the world through entrepreneurship and personal development looked dead as a dodo.
The 4-hour meeting request.
Okay, this is not the name of Tim Ferriss’s upcoming book — it’s a coincidence. The other day, this dude at work sent me a 4-hour meeting request with 24-hour’s notice.
When I saw the invitation, I instantly declined. Meetings that don’t respect my time or my colleagues’ time are declined — always.
This meeting request was the trigger for the title of this article. It made me take a forced “Meeting Vacation” for one month.
I said no to meetings for an entire month.
It wasn’t easy and I thought it was going to be almost impossible to deliver on this promise I made to myself. Meetings have become a part of everyday life. Many meetings happen without us realizing through realtime message apps.
None the less, I tried this meeting detox experiment.
Before I tell you the result, here’s some thoughts to begin with:
Thought 1: Just because everyone else is doing meetings, doesn’t mean you need to.
Meetings are hip and cool. People say yes to meetings all day long without thinking why.
When you challenge people to explain why they need a meeting, you figure out that often they don’t know.
This means they scratch their own itch and talk themselves out of their own meeting. The meeting gets cancelled, I celebrate and fist punch the air, and everyone wins.
Asking why messes up every unconscious thought.
It’s the one question that can kill any preconceived idea or habit. ‘Why’ requires the meeting requester to go deep down inside their own skull and answer the question “What’s the meeting for and is it important?”
Thought 2: When faced with the need to make a decision, many of us want to have a meeting instead.
This problem occurs because we’re not trained to make decisions. We spend all of our decision-making energy on dumb stuff like “What am I going to have for lunch?” or “What should I wear today?”
Meetings are a way to defer a decision to some point in the future when maybe we’ll all think differently, drive a Ferrari and have enough money that this problem won’t freaking matter anymore.
I challenge everyone to make more decisions instead of having more meetings that don’t lead to decisions (okay calm down Tim, breathe).
Thought 3: Meetings always take longer.
· You’ve got the commute to the meeting.
· The setup to the meeting.
· The niceties like “How was your weekend?” at the start of the meeting.
· Preparation for the meeting.
I could go on for ages, but you get my point. Meetings are like a giant build-up that often leads to disappointment. If you think about the real time it takes to have a meeting, you realize why they are a productivity killer.
The work that needs to be done to achieve a goal or set of goals requires time.
“The time you need is in the meetings you say no to”
Count the real cost of time that a meeting entails, and you too may decide to do a meeting detox for a month.
Here’s what happened when I said no to meetings for a month:
I expected people to be pissed.
I thought that the biggest challenge of no meetings for a month would be how pissed off I’d make people. I realized this was a nightmare that wasn’t true in reality.
When you explain in detail why you’re saying no to a meeting, and you do it with respect, people understand.
I even started saying things like:
“Hey thanks for the invite, I’m trialing a month of no meetings to achieve some pretty audacious goals. Appreciate the invite but I’ll have to respectfully decline at this stage. Hope the meeting goes well.”
So many meetings get declined for various reasons that the meeting organizer almost never takes it to heart. It’s standard practice that if you invite 30 people to a meeting, not all of them will show up.
I decided to become a no-show statistic for a month where I was permanently on the didn’t attend list which was one person longer because I wasn’t attending — no biggie.
The big moment for me was when I realized people don’t really care that much if you show up to a meeting. I thought they did care. I was wrong and so are you. Sorry.
Blank space feels so good.
Ever had a nice warm latte first thing in the morning? That’s what it feels like to start the day with no meetings in your calendar. All I saw for a month was my Outlook Calendar full of white space.
The feeling was so freeing and I didn’t realize how good it felt until I did it.
There’s nothing worse than waking up at 5 am (Australian time) to jump on a podcast at 6 am (USA time) when all you want to do is sit down and write or edit another blog post.
Have a meeting with blank space instead and you’ll feel a whole lot better.
You get to do things that really matter.
Because I had less of other people’s meetings, it gave me time to tick off tasks that I had been putting off. I did the following:
- Sold a bunch of junk on eBay
- Wrote twice the number of blog posts
- Spent more time with my girlfriend
- Spent time sitting on the couch and thinking about the future
These types of activities add meaning to my life and make me happy. Without the giant boulder covering the road that led to my goals, I was able to do things that matter.
Executing on meaningful tasks is so much better than any meeting ever will be.
The blocker to all business became apparent.
When I divorced meetings for a month, I sat back and thought about business. I thought about all the meetings I attended in my career to date.
During this wild west thought exploration I discovered that the cliché of “Meetings cost business so much” started to sink in.
Most of the problems in business that need solving don’t ever seem to get resolved in meetings.
Meetings from this point on started to appear as a blocker to creativity. Creativity, I’ve learned, is one of the best ways to solve a problem and unblock the flow of business.
There was time to nap.
I know what you’re thinking: “Tim, you lazy son of a gun. As if you have time to nap.”
I normally wouldn’t have time to nap, but after taking a meeting detox, I was able to squeeze in a 15-minute nap.
Doesn’t sound like much but it gave me an energy increase in the afternoon, when most people’s energy levels fall off a cliff (rescuing yourself with sugar doesn’t work either, tried that).
The research on napping has been around for a while, so I’m not going to throw that dirt in your face again and expect you to swallow it.
My only advice would be to trial it and then write me a nasty comment saying “Tim you A-HOLE you’re wrong again.” P.S — I probably won’t reply 🙂
There was less gossip and office politics.
Meetings can easily turn into a whinge session or a “Let’s complain about someone because they’re not here and can’t hear us.”
By doing fewer meetings, there was less gossip. I didn’t have to fight the temptation to talk nice (we all face this) because I wasn’t there.
I was politely declining and aiming for goals and outcomes instead. And other times I was doing things that really matter (like I said before).
Meetings are a breeding ground for toxicity if you overdose on them. Somewhere along the way, that meeting you know you should have opted out of but didn’t, comes back to bite you on your well-toned gym ass and fill you with regret.
Meetings often involve tea or coffee also known as caffeine. Many of us overdose on this addiction because it feels good (even me the Mr 4 am Habits Guy that’s supposed to be super disciplined).
By doing no meetings, the decision to ingest caffeine became my choice. It was far easier to be disciplined because I didn’t have to fall into society’s standard of rolling up to a meeting and drinking what everyone else is drinking because “that’s just how we do things in Australia, mate.”
I may be a descendant of Captain Cook and I may have worked next to Kangaroos (lots of them) for two years, but I’ll be damned, this no meeting thing certainly helped with the coffee/tea obsession that we have in this great country.
Stress levels reduced.
I’m very aware of my stress levels and no matter how hard I try, more meetings equal greater stress.
Stress gives me brain fog (according to my doctor) and only makes the already huge problem I have with stress even worse.
See, I have twice the amount of cortisol in my body than you’re supposed to have. I’m doing the best I can to reduce it and it’s working, but I found an overdose of meetings was definitely not helping the situation.
Removing meetings for a month made me feel good.
Published twice the number of blog posts.
I mentioned this one already, but it was such a big win that I want to mention it again in more detail.
By saying no to meetings for a month, I did more of the one thing that makes me endlessly happy: inspiring the world through personal development and entrepreneurship.
In its physical, non-mystical, touchable form (if consumed on a ‘not so smartphone’) this looks like blog posts.
I went on a freaking frenzy and wrote as much inspiration and life/career lessons as I could. Upping the number of blog posts allowed me to help more people and I got more messages of thanks and gratitude for doing it.
This small feat may seem like total BS, but to me, it matters. You too have that one thing that has the same meaning in your life. It may not be blogging, but you have it — trust me.
By quitting meetings, throwing them out the window, punching the air and charging forward without them, you too can do the work you were born to do.
I’m not saying you should never attend another meeting again; what I’m saying is a meeting detox will help you see what time is being wasted and you’ll get better at saying no to the unimportant ones in the future.
If you want to increase your productivity and learn some more valuable life hacks, then join my private mailing list on timdenning.net
Transitioning From Employee to Entrepreneur? Try Intrapreneurship First
Studies show that 15 million Americans are self-employed full-time and that an estimated 27 million Americans will transition from the traditional workforce to full-time entrepreneurship by 2020. Additionally, it is asserted that entrepreneurs are 125% more successful if they have previously been employed in the industry in which they presently do business. This is all great news on many levels.
Chances are, if you are reading this article, you are considering transitioning from employee to entrepreneur, or perhaps you have already made the shift. I get it. I am one of the millions who has made the switch – trading stability and comfort for passion and freedom. However, if you are a potential full-time entrepreneur, there are many things to consider before making the leap.
How will I support myself and my family in the initial stages of development? What do I do if I fail? How do I maintain the drive needed to make a business successful? How will my business harness the creativity and innovation required to thrive in the marketplace? These are all valid questions and should be considered deeply.
If only there were a training ground to test your management capabilities, gain knowledge, think innovatively and be solution-focused. But, wait, there is. Your current employment can offer these opportunities and more – through intrapreneurship.
By definition, an intrapreneur is an employee of a company who has adopted an entrepreneurial mindset. Intrapreneurs are highly motivated self-starters and innovative, solution-driven thought leaders, who work within an organization. Because of this definition, acting in an intrapreneurial capacity in your current place of employment makes a great deal of sense when considering the move to self-employment. You can use your current employment status as a testing ground for where you want to be.
Here are four reasons why intrapreneurship can work for you:
1. See a problem. Solve a problem
All businesses should be designed to fulfill a need. Just as your own business should be able to justify its existence in the marketplace, initiatives within an organization should do the same. Closely examine processes and products in your place of employment. Determine what could be executed more productively. Alternatively, design a new initiative to creatively meet and exceed customer expectations. Acting in this manner will prepare you for building the structure and mission of your own business.
2. Creatively capitalize on skills and talents gained outside your employer
In many instances, we separate business from personal, and there are many good reasons for this approach. However, there are notable skills and talents used in your personal life that are transferable to the workplace. For example, if you engage in team sports, use your team building skills and charisma to involve your colleagues in projects.
If you love to read fiction books, integrate the creativity of the stories to bend the thinking of traditional methods of operation. The possibilities are many. Business owners rely on all life experiences, directly or tangentially related, for the benefit of their enterprises.
3. Intrapreneurship is for all employment levels
If you think intrapreneurship is only for c-suite executives, think again. Intrapreneurship is for the mailroom to the boardroom. As noted in the definition, intrapreneurship is about being a self-starter. You do not need permission from anyone to be highly motivated. Just as all parts of our bodies have a function, so do all positions in an organization. Even if you feel your position has no purpose in your organization, make one. We all have to start somewhere in our entrepreneurial journeys, so start right now, where you are.
4. Experiencing failure is inevitable. Move forward anyway.
All of us will experience failure at some point and multiple times as well. Failure will happen regardless if you remain employed or set out on our own. Be bold enough to move forward with establishing your voice and your place anyway. Business and life are about forward movement. Decide now what next step you will take if you fail. There is always a path forward. Get used to the possibility of your ideas being rejected and your designs being flawed now, so when you are a full-time entrepreneur, you will know how to advance.
Whether you are at the infancy stages of developing your own business, currently self-employed or even wish to remain an employee, establishing yourself as an initiator and innovator can reap many benefits for you and your company. That is the beauty of it.
3 Ways to Remove the Hustle From Your Business Through the Power of Automation
If you’re anything like me, when building your business online you may see asking for help or taking short cuts as cheating. I can’t explain why but when I first launched my business online, I wanted so badly to be able to do everything for myself. It gave me more of a sense of achievement, and I worked many extra hours than I probably needed to trying to do everything myself.
The admin, content creation, marketing, prospecting, web design…I’m sure you get the picture. But it all came to a head when I would burn myself out time and time again. I kept hitting a wall where my business was concerned as there was only 1 of me and only limited hours in the day.
I got bored of the hustle and thought there must be a much simpler way to build and market a business online. Especially as I was a single mother, looking after my child when I wasn’t running a business single handedly. That’s when I discovered something that not only gave me back my freedom but also transformed my business, bringing in enough revenue within 8 weeks to enable me to leave the day job and become a work from home mum.
It was the power of automation!
I looked all around me as well at the other mum’s building their businesses online but desperately struggling to make ends meet and wearing themselves out. I knew there was a way to simplify my sales and business processes.
Here are my top 3 recommended tools to start removing the hustle from your business today:
1. Messenger marketing
I use Manychat which is a messenger marketing platform which enables you to market to your subscribers directly through Facebook messenger. The ways in which you can use this incredible technology is endless but I will name a few ways in which you can use this in your business.
Automate your sales process! You can build a sales funnel with a messenger bot that can take your prospects through a warm up sequence, build the relationship with them, showcase all of your products and services and even take payments on autopilot.
You can register people for online events or training sessions using your messenger bot, communicate with everyone simultaneously and provide any updates direct to their messenger.
Do you have a membership, team or group of people you need to communicate with? Create a messenger bot specifically for them to enable you to communicate with everyone directly at the same time with just 1 click of a button. Subscription messages can also be sent and scheduled in advance.
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates
Another form of digital marketing, email marketing has been around for some time but still very much has a place in today’s marketing world. You can use a lead page/landing page and an account with an email provider to automate all aspects of your sales process and communicate regularly with your subscribers.
Treat your list well, provide them with valuable content and you can build a tribe of loyal followers. If you match this with an ongoing ad campaign you have the ability to be making sales on autopilot.
Set your automation up and you can take your leads through your whole sales process and all the way up your product/service value ladder. If you sell digital products such as courses, this allows you to be earning a residual income whilst you sleep.
3. Automate your social media content
Zapier is the most incredible workflow automation tool I have ever come across. Allowing you to create automations between most apps that you can use online. For example, if you use spreadsheets, you can create a trigger every time a new entry is entered on your google sheet with an email address, they automatically get added to your mailing list and sent automated emails.
My favourite zap (an automation created between 2 apps) is between Trello and Buffer. You can connect both apps together in a seamless way which allows you to plan your social media content in Trello, write your content, set the date you wish the content to post, add an image and this will automatically send all of the information to your Buffer account and schedule the post for your social media accounts.
Even more incredible is that this system works across multiple platforms so you can use it to schedule content for Facebook, Twitter, Pinterest, LinkedIn and Instagram all at the same time.
“Automation and technology don’t cure behavioural ruts; they just create new instances of them.” – Kenneth Goldsmith
I can’t even begin to tell you how much my life has changed since implementing these into my business. In just 3 months my income increased by 500%. So it’s time to relax and start implementing some automation into that business of yours. The hustle is all a myth.
5 Challenges New Entrepreneurs Will Face While Starting a Business
Entrepreneurship is a field that comes with many obstacles and challenges. It’s important to be aware that sometimes it can be extremely difficult, especially for first-time entrepreneurs.
Before you launch your business, you need to be well equipped to face the challenges that’ll surely come your way. Mark Victor Hansen, Founder and Co-creator of the Chicken Soup for the Soul book series, said “You don’t become enormously successful without encountering a number of extremely challenging problems.”
Here are the 5 challenges that you are likely to face and how you can overcome them:
1. Lifestyle Change
The experiences of entrepreneurship will change you profoundly, from the way you think, to how you act, to your manner of living. You begin to realize you’re not getting enough sleep, have little time for yourself, can’t spend the same amount of time with friends, and you get complaints from people closest to you This is all because you’re putting most, if not all your energy and focus into running your business.
The solution, in order to sustain your passion, is to make some tough choices and identify your priorities. You’ll need to sacrifice much while you learn new things. You can start by organizing your day the night before, by creating a list of your activities for the next day in terms of priority.
Constantly, visualize your destination and surround yourself with people that motivate, inspire and push you to be your best self. By the time you apply these principles, you’ll feel more relaxed and energized.
2. Facing Uncertainty
When you launch your business, even if you offer the best product or service in your industry, you’re bound to face uncertainty.
Your marketing strategy might fail, your customers may not be ready for your product or service because it’s too early, and your competition may be a little bit tougher than expected. Even if you’re able to handle all of this, it doesn’t mean you’ll get your desired paycheck. However, keep in mind, that if you are well prepared, you’ll be in the best position to handle any of these roadblocks without stress.
An important thing to do is to test your product in the marketplace. By doing this, you will observe how the market views your product or service and can get feedback as well. If you do this right, you’ll be on your way to launching a successful business. The joy that eventually comes from launching a successful business is the greatest feeling ever.
“Exploring the unknown requires tolerating uncertainty.” – Brian Greene
3. Team Building
Recruiting a trustworthy and reliable team is an important part of building a successful business. Every entrepreneur should know it’s important to recruit a strong team because your team can either make or break your business.
Lawrence Bossidy, Former Chairman and CEO of Honeywell, once said “I am convinced that nothing we do is more important than hiring and developing people. At the end of the day, you bet on people not on strategies.” The common mistake new entrepreneurs make is hiring too quickly and if this doesn’t turn out well, you might be setting yourself up for failure before you even begin.
One solution is to hire individuals you already know or get references from people you trust from your professional life. Having the right people around is significant because they will influence your decisions and therefore the success of your business. Choose wisely.
4. Capital Management
One of the major reasons many startups fail within the first few months of business is because of capital mismanagement. The common mistakes entrepreneurs make are spending prematurely and not separating personal account from your corporate account. Spending too early on items like business cards and marketing materials might just end up being too costly for your startup.
You need to stay on top of your cash flow by keeping track of all your business expenses. You need to create a budget and set up an emergency fund account. You may decide to hire an accountant to help handle your finances, so they can assist you in fine-tuning where the money goes.
“Money is usually attracted, not pursued.” – Jim Rohn
Starting and running a business can be very stressful. This pressure can cause entrepreneurs to feel alone and maybe even depressed. If it’s extreme, you may develop mental health problems. Studies show that 30% of entrepreneurs report a lifetime history of depression.
It’s vital to reach out to your support system regularly. Family, close friends or mentors can be a big help in getting you back to your best. Once in a while get together with your family and friends and do some fun activities.
Starting a business has it’s challenges but if you’re prepared and know what’s ahead or what to expect, it will be a little less surprising when you run into an obstacle and you’ll be able to take the hit better than you thought!
Have you wanted to start a business? If so, what’s holding you back from pursuing it 100%? Share your thoughts with us below so we can be of service to you!
9 Ways to Help You Think Like an Entrepreneur
Going by popular opinion, being an entrepreneur seems a lot more thrilling than the typical 9-to-5 job. No bosses anymore, no pressure of completing the work in a rush, and no limited paycheck. Sure, an entrepreneur doesn’t have to go through the daily grind. However, there is so much more to the life of an entrepreneur.
Being an entrepreneur is like treading on thin ice. The moment you decide to be one, 9-to-5 will almost turn to 24×7. Your consumers will become your new bosses, and the size of your pay check will differ from month to month. If you still want to venture into it with the resolve to work hard and the willingness to innovate, you can join the club.
Now, to make your journey a little smooth, here’s presenting some pertinent ways to think like an entrepreneur:
1. Pinning your hopes in one place takes you on the road to disaster
To think like an accomplished entrepreneur, you must know that these professionals would never place all of his/her hopes in one place. Too much dependence on luck could be detrimental to the business that you are working on.
In reality, you must always be prepared for things that might never go as planned. There’s no point in being dejected about the way things are unfolding. Instead, you have to be willing to go with the flow and simply accept things as they come.
2. Treat your decision making skill like a superpower
You must be familiar with the iconic dialogue from the movie Spiderman, “With great power comes great responsibility.” Well, it’s the same with entrepreneurship.
As an entrepreneur, you’ll be the person to make decisions and be quick at it. Now, over-analysing things can take up a lot of time, and you may miss out on many opportunities along the way. That doesn’t mean you shouldn’t take time to decide, or shouldn’t ask experienced people for advice. When required, you must act quickly. Make more space for big decisions, and do away with the small ones.
3. Wear your confidence like an armour
This is one of the most significant aspects of developing an entrepreneurial mindset. You should have self-confidence in abundance and immense faith in your abilities. If you keep doubting and second-guessing every decision, then you will never be able to take risks.
An entrepreneur is aware of the fact that he/she is the captain of their ship. The moment he/she starts to flounder or display any signs of weakness and insecurity, the workers and investors are bound to lose faith in him/her. This is something that is harmful to any business.
“Don’t live down to expectations. Go out there and do something remarkable.” – Wendy Wasserstein
4. Never let failures get to your head (or heart)
Failures and struggles are as inevitable as the sunrise and sunset. The value of your success increases tenfold if you have gone through an insurmountable struggle.
A skilled entrepreneur always thinks in a way that they’re both willing to accept failure and success with open arms. They would never let failures bring them to heel, and at the same time won’t bask too long in the glory of successes.
If you develop such an attitude to your work and develop a positive way of thinking, then there’s no stopping you from making it big as an entrepreneur.
5. Taking calculated risks comes with the territory
An entrepreneur has to be well-versed with taking calculated risks. You should be happy when things go as planned and should gracefully accept when things don’t exactly go the way you want.
Ultimately, to thrive and prosper in today’s business landscape, it’s vital to take risks. Make sure you take risks after doing your homework. This is exactly how successful entrepreneurs think and make decisions. Make sure once you’ve made a decision, you stand by it. After all, there is no point in constantly thinking if you have done the best for your business.
6. Always stay updated with relevant information
Like every successful entrepreneur, you too have to be acquainted with the latest advancements in your field. In order to gather sufficient knowledge, you have to keep your eyes and ears open to what’s happening around you. It’s only when you’re clued in to what’s going on in the world around you, that you’ll be able to collect relevant information.
This, in turn, will help you to get ahead in life. Isolating or cutting yourself off from the rest of the world will only create a roadblock in your way to success and prevent you from moving forward.
7. Ignorance isn’t a bliss when it comes to good advice
Connecting with people in your field allows you to develop the thought process of an entrepreneur. You must interact with the industry experts and influential figures in your line of work because they’ll help you sway your thought process in the right direction.
If you are ignorant towards good advice that people offer, then you are likely to end up making mistakes. In the fiercely competitive world of business, finding a mentor to guide you in your journey to success is absolutely invaluable.
“If you cannot see where you are going, ask someone who has been there before.” – J Loren Norris
8. Your qualifications will always be useful
Having the right qualifications will propel you to think like an entrepreneur. Being an entrepreneur involves hardships and turbulence, and the journey won’t always be smooth. You must be ready to counter any and every obstacle that is thrown your way.
An entrepreneur is someone who has a flair for thinking. That’s how they come up with solutions to problems that present themselves all of a sudden. Having appropriate training and qualifications can help you with your problem-solving skills.
For instance, if you want to set up an industry specific company, you must have the right training and qualifications to understand the nuances of the business.
In order to help an organization move forward, an entrepreneur knows that it is essential to stay positive at all times. If he/she gives in to negativity, then it won’t be long before the employees fall prey to the negative feelings.
Accomplished entrepreneurs are smart enough to ensure that the negative vibes do not affect the workflow. It’s no secret that when you maintain a positive outlook, you will also motivate your subordinates to work efficiently.
These are some ideas you can implement in your daily life to think like an entrepreneur. While entrepreneurship may come across as thrilling, there is a lot of hard work that goes into it. However, be assured that if you put your heart and soul into it, success will never evade you.
Which one of the 9 ways to help you think like an entrepreneur resonated most with you? Let us know your thoughts below!
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