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10 Reasons Why Entrepreneurs Should Never Enroll In College

Joel Brown (Founder of Addicted2Success.com)

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The big debate in the entrepreneur community at the moment is whether or not college is needed for a successful business or career.

Journalist, Jason Smith, studies the reasons why entrepreneurs should never step foot into college, what are your opinions? Leave a comment and have your say.

 

The 10 Reasons Why College Is Not Meant For Entrepreneurs

 

1. You Will Be More In Debt

college debtThe dreaded D word, college pricing has been gradually getting out of control over the past decade. The same education that used to be higher quality and more valuable is now much more expensive whilst providing lesser value. Across the world, half the people that go to college do not get the skills necessary to succeed in life. They are basically spoon-fed an educational system of memorization that doesn’t test them and teach critical thinking.

 

2. Social value

college entrepreneur partyYou hear many people discuss the value of socialization among your peers as an essential benefit of college. So many people behave exactly the same way in college as they did in secondary education or high school. Sure, there’s always some maturity that takes place, but for the most part, even in the diverse environment, most people stick to people who share their same values and upbringing.

You can get the same social value by joining a club or an association to learn the essential values of teamwork without the college expenditure. You can also use social networking to reach out to people all over the world.

 

3. Restrictions on being more innovative

innovationDo you ever hear the likes of the world’s most successful entrepreneurs like Bill Gates and Mark Zuckerberg ever tout their college degrees as the secret formula to their success. Of course, not, that’s because they didn’t earn college degrees. They earned money instead, it comes in much more handy.

The best way to get a college degree is to get an honorary one after you make a fortune and a name for yourself, then an institution can honor you.

 

4. Still unemployed after college

College Degree with no jobIn most developed countries around the world, half the college graduates can’t even land jobs when they complete their degrees. The students who drop out after figuring out that they don’t fit well within the framework of the institution are not refunded any funds. They have wasted their money and time with nothing to show for it.

Skipping college and starting your own enterprise will be a valuable experience that will put you head and shoulders above your college peers.

 

 

5. The use of backwards and traditional methods

no more collegeCollege offers traditional teaching methods which are completely outdated. Technology moves at the speed of life and is very transformative. It disrupts the very concept of investing in your college education for a stable career. Around the world, some teenager in his garage may be working on new software or technology that can change the world. The average college professor is only teaching what he or she knows which is no longer applicable in a vastly changing world.

 

 

6. Less hands on experience

college experienceYou can gain expertise through launching your own enterprise. Doing something you are passionate about will be more likely to bring success.

As an entrepreneur, you set your own curriculum based on your passions and interest in life. You then develop a strategic plan to monetize your passion, you can learn the skills you require, follow the blueprint of many entrepreneurs who have succeeded without a college degree. An experienced mentor can steer you down the right path, most college professors haven’t experienced real success outside the classroom, that’s probably why they teach.

 

7. Rigid learning

follow the herdCollege is a very stiff and rigid atmosphere. Life is meant for freedom of expression. College standards and strict guidelines of specialization don’t allow for natural creativity. Entrepreneurs need freedom to create and forge their own path. Textbooks can only teach theory or structure of the way things are supposed to be.

However, entrepreneurs need to think differently, outside the box of conventional wisdom.

 

 

8. Less individualism

Funny College

College tries to paint you in a box to accommodate society. You are expected to simply follow along like millions of others without thinking for yourself. The structure of college prepares you for a life of simply following rules dictated by others. Human beings are supposed to be free people with their own ideas.

As an entrepreneur, you can strive to create your own rules, not government mandated teaching or outdated institutional learning methods.

 

 

9. Smaller accomplishments towards your future

small accomplishmentsAs an emerging entrepreneur, you need to gain a mindset of applying real-life principles to determine the results for yourself. Every little progress you make counts as a real accomplishment in the real world.

College only teaches you how to pass exams. As an entrepreneur, if you can create a product or service to market, that’s a real accomplishment that is worthy, most college graduates may never aspire to it.

 

 

10. Less risk-taking

taking a riskEntrepreneurs need to learn to push beyond their comfort zones. Risk is very important to success. You must be willing to take risk and live with your decisions. Sometimes you win, other times you may lose big, but you keep going.

College doesn’t teach the importance of risk, instead they promote security and a safe career. Entrepreneurs must take risks to determine their own path in the world. Entrepreneurs embrace the challenge of calculated risk in order to succeed.

 

Article By: Jason Smith | Addicted2Success.com

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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44 Comments

44 Comments

  1. Rs

    Jan 8, 2014 at 7:54 pm

    Its a simple narrative to point to the gates and Zuckerbergs of the world who did not need a university education to make their mark. However I would argue and the data supports the fact that the majority of successful tech entrepreneurs graduated with multiple degrees from a rigourous engineering, science or computing program (google, ebay founders as an example).

  2. Jeanne Yocum

    Dec 20, 2013 at 4:45 pm

    It’s pretty clear that you haven’t set foot on any of the campuses of community colleges across the nation that are involved in entrepreneurship education. If you had, you would know that they are using experiential learning, including student business incubators, on-campus businesses run by students, business plan competitions and many other methods to help students learn the intricacies of being an entrepreneur – from opportunity identification, funding, team building, etc. Some even have what are essentially VC funds to help get businesses off the ground. All of this comes at a price that does not leave people in debt up to their eyeballs. I know this because I edit the journal of the National Association for Community College Entrepreneurship (NACCE). I can give you example after example after example of students who have benefitted greatly and are already well on their way to success thanks to the education and support they received from their community college.

  3. Passive Income Riches

    Jul 10, 2013 at 1:22 am

    This is quite an interesting articles for a few reasons.
    The way I view it is that the overall level of education has increased globally.
    Graduating from a college or university in this era is like graduating from high school say 50-60 years ago. Getting a Masters or PHD now is like getting a college/university degree 50-60 years ago.

    I still think that there’s some value in education, but ultimately it’s how you make of that experience. Was it really a waste to go to college? Did you really learned and gained nothing out of it? Sometimes I think that it’s certain life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. Perhaps you needed the journey to make some decisions to get to where you are today.
    So, should you go to college or university or not? That’s a question that you have to ask and answer yourself.

  4. Stephen

    Jul 9, 2013 at 10:23 pm

    Very good and relevant. I hope your message reaches more people.

  5. Susan Eckley Ruch

    Jul 5, 2013 at 4:57 pm

    My Take: I do believe we need to go through our first 12 years of school. (K thru 12th grade)
    We do need to learn to read, write, math and socialization skills. I did go to college straight out of high school in 1978. I am 53 years old. So, I can say this. I got my BA degree and when I graduated after 4 years and now to think about it I paid for so many stupid classes that had nothing to do with what I wanted to be, do or have. I had an English degree, minors in Political Science and Law. Now, what do you with an English degree? I went to work for a restaurant chain (i.e. Burger King as a Manager) I was working for someone else making their dreams come true, not mine. After getting sick and tired of working for corporate America in 1999 I decided to start my own businesses. In school and in college they never taught us “Leverage”
    Over our lives we change our careers as many as 20 times because we are searching for what we really wanted to do. Even at 36 years old went back to college to increase my skills in business and accounting. I thought about this the other day. How much did I remember from college? Not much that had nothing to do with what I am doing now. I still found myself trading hours for dollars. We find ourselves going in a circle and end up in the same place we started. Also, when you own a business, the business owns you. In the past year someone showed me a different way to make $$ and realize my dreams. I believe we need to teach our kids a different way of making a life, not make a living. We need to teach them leverage. We all have all types of insurances (Life, car, house, rent, medical, pet) But there is no such thing as “Income Insurance” It took me a half a century to figure it out. I finally found something that pays me what I am worth and pays me for my hard work. College did not teach me this.
    Want to know more, Ask Me How!

    • Anya

      Jul 6, 2013 at 12:34 am

      I’m intrigued by your story, can you explain further please?

    • Passive Income Riches

      Jul 10, 2013 at 1:26 am

      Hi Susan. Totally get what you are saying. However, I also think that sometimes it’s those life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. It helps you to realise what you want or don’t want to do. Perhaps that’s the journey that everyone has to go through in order to find a sense of purpose or meaning in life. Thank you for sharing your story.

  6. Michael Berry

    Jul 5, 2013 at 12:35 pm

    Win or lose = growth = win

  7. Kevin Martin

    Jul 4, 2013 at 4:45 am

    The way I see it, if you want to take on a job title that society is already familiar with, then go to school. If you want to be an entrepreneur and forge your own path, then go out in the world and experiment because experimenting is how people usually attain unfathomable success.

  8. MANGALISO NKUNIKA

    Apr 18, 2013 at 1:19 pm

    This is right and wrong at the same time.do you go to college to train your insticts or your social life?

  9. jonathan

    Jan 30, 2013 at 4:29 am

    Some of the sentence structure in this article makes me think the author could have benefited from some college-level english instruction.

  10. Nope

    Jan 22, 2013 at 10:27 pm

    This is a completely bs article. The author assumes that Bill Gates and Co are some sort of norm. Let me assure you, they are far far far exceptions. People who drop out or do not go to college do not do well. Sure, some might end up more creative for it, and even do something awesome, but to assume this is normal is idiotic at best.

    Entrepreneurs need to be able to think creatively and harness their creativity into real world products. There are plenty of institutions that understand and foster this. Maybe the author went to a state school and learned a trade but to generalize college as such is ridiculous.

    A final point, companies like Vemma are not bringing in “entrepreneurs” as they try and promote. Selling somebody else’s product is not and never will be entrepreneurship. It is a sales job like every single other one, you are rewarded based on how much product you sell. Bringing people in to sell under you (while almost a pyramid scheme) is also not entrepreneurship. Just like a COO of a big company does not claim to run his own company when he hires a new employee or starts a new division. Reps for these LLM companies do not realize that nobody cares if they make a bunch of money, its the fact that they try and manipulate their friends and family into working for them that is annoying as hell.

    but ya dumb article.

  11. TJ

    Jan 4, 2013 at 5:43 pm

    I completely agree with this post. Everything I’ve ever tried in college never worked for me because It was never meant for me. Feels good to be an entrepreneur

  12. Simon Ipinge

    Dec 28, 2012 at 5:55 am

    Maybe in a Developed economy, one does not need education. But in a third world country..if you don’t get education or get to rub shoulders with fellow University students, who will soon be in positions of power then your chances are pretty much doomed before you even begin. In the third world you are not born speaking the language of English..you have to learn it, and of course business is done in that language.

  13. Ron

    Dec 28, 2012 at 5:49 am

    I’m not a college graduate, I knew nothing about starting a business. My number one rule is, talk to other business people who have been there and done that. You can always tell the real successful from the ones who are not. Truly successful people will tell you everything you need to know and not fear the competition.

  14. Lucas Williamson

    Dec 28, 2012 at 5:37 am

    As an entrepreneur currently running a small business while preparing the launch of a second brand/venture im the same wrestling market (scholastic) an going to school full time.. I completely agree with every point. But still i am still trying to juggle both running a start up and going to school. My parents, mother mostly has been biggest influence to continue with school. As for me i see benefit in both because I am working on my BSD in industrial design and im currently designing and preparing to launch these wrestling products into the market. Where s the line you ask? Well i would say once it hits the level of profitability that i can manage all those school loan bills. Then again I ask myself how much of school i can continue to put up with knowing what I have learned from getting to where im at.

  15. AG

    Dec 16, 2012 at 8:27 pm

    I don’t believe that all career paths need a piece of paper. For the people that said you need to go to school to figure it out. Well I will give another point of view. Almost every single person that I went to HS with that attended a 4 year college is now in a dead end job. With the exception of one lawyer, a couple teachers, and a few in the medical profession. Those of us that skipped the wasted time of a 4 year degree are self employed. Most of us in art & music. The others in construction. While a degree will in fact get you a job its not necessarily a good one.

    • Jeannette Williams

      Dec 16, 2012 at 10:00 pm

      Maybe not, but there is nothing wrong with an educated society. A piece of paper won’t promise you a job, but it will give you a sense of pride about yourself and that’s priceless!!!!

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Success Advice

Are You Really a Leader? 3 Questions That Will Help You Find the Answer

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Being a leader is a lot of responsibility. People look to you to make decisions, direct them, provide support, and get results. A true leader is an amazing presence: a humble yet confident person who inspires those around them.

Unfortunately, a lot of people think they’re leaders, but really aren’t. In fact, according to talent scientist Tomas Chamorro-Premuzic, 80% of people believe they are better-than-average leaders, which is objectively impossible. I see people claiming to be leaders all the time, but they’re all talk and no substance.

What is Leadership?

A lot of the people I talk to seem to think that you become a leader just by having a job managing people. That’s simply not true. Leadership is a balancing act that would make a master juggler impressed.

True leadership involves making sure that there is a happy balance between employees’ needs and the company’s needs. If only the employees’ needs are prioritized, the company won’t be profitable. Likewise, if only the company’s needs are considered, employees will leave.

True leaders have the self-awareness and strategic skills to understand this delicate balance and understand their role in creating those key compromises.

“The key to successful leadership today is influence, not authority.” – Ken Blanchard

Can You Be a True Leader?

Although there are a number of different leadership styles and theories out there, leadership boils down to a few essentials. Leaders need the emotional intelligence to navigate difficult and uncomfortable situations while being able to inspire others to take action. There’s a big difference between saying you’re a leader and acting like one.

If you want to increase your self-awareness and find out if you’re a leader others can rely on, start by asking yourself these three questions:

1. Do you want to be a leader?

It may seem unfair, but in my experience, the people who make the best leaders don’t necessarily want to be. You only want what you don’t have, and same rings true here. If you want to be a leader then you probably aren’t focusing on the right aspects of leadership.

True leaders are natural trail-blazers, but they don’t set out to lead anyone. People just happen to take note of their talents and confidence and look to the person for advice and guidance.

2. Do you have an original vision, or are you just power-hungry?

Why do you want to be a leader? Is it so you have the final say, or do you have actual goals you want to accomplish with a team? True leaders don’t feel threatened by others—they’re too busy getting stuff done. Leaders typically don’t need to test or confirm their power.

If you think good leaders give directions and just want others to listen, you’ve got it wrong. The best leaders often don’t need to speak a whole lot—they listen and observe, they think deeply, and when they do speak, it’s meaningful.

A true leader acts and others follow those actions because they trust and respect the leader. It isn’t about a power battle or an ego trip. Leaders have a true vision.  

3. Are you willing to do the dirty work?

You don’t get to be a leader if all you do is sit around, give orders, and let other people do the dirty work. Real leaders are humble, and no work is “beneath” them.

They want to know what’s going on at the ground level, and they want to help their people when they’re struggling. If you’re not willing to talk to a customer or back your employee up in a bad situation, you don’t get to call yourself a leader.

“Leadership is a choice, not a position.” – Stephen Covey

Becoming a Self-Aware Leader

How did you do? Maybe you’re not cut out to be a leader. Maybe you are. Maybe you need to work on a few things first.

Real talk: being a good leader isn’t easy. However, becoming a true leader benefits everyone around you and can be extremely fulfilling. If you’re more determined than ever to become the best, most self-aware leader you can be, that’s great news: we need more leaders out there.

What are the characteristics of a great leader in your opinion? Share with us below!

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Success Advice

Capitalize on the 80% of Business That You Are Missing Out on Right Now With This Method

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referral marketing
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Most of us are aware of Pareto’s Principle, the 80/20 rule. This principle states that 20% of the input gives us 80% of the output. The top 20% of your salespeople account for 80% of your business. The top 20% skills you have, account for 80% of your success. The top 20% of our customers will give us 80% of business. When we use this principle it allows us to narrow in and focus on the most important clients who are in our target market.

You’ll find that most people tell you to focus on your top 20%. Here’s the big question: What do you do with the other 80% of people who you do not work with?

Most of us let this 80% of potential business fall to the wayside because they are not our target market and we have no system set up to still do some form of business with them. However, this is not the case for Tim Johnson.

Just last year, he generated $11 million dollars from REFERRALS! He is the master of building a referral based business. By sending clients that he cannot work with to his friends and referral partners, he is able to receive commission for the introduction and new business.

Imagine having the potential to make money from EVERY business conversation! Tim speaks to about 3,000 people per year, and if he cannot help them personally, he knows someone in his Global Renegade network who can.

The thing is, we can all do this if we are intentional about it. As Tim puts it, “We need to date our referral partners. We put so much time and effort into people that do nothing for our business, yet we do not build strong relationships and invest time into our referral partners.”

Tim is a speaker, author, real estate developer, and business coach who is well known around the world. He starts each business conversation by saying, “Is it okay with you that if at anytime during this conversation I realize that I am not the right fit for you, I introduce you to someone in my network who is?”

Each time he is met with a resounding YES! Who would say no to this offer? This strong referral network has built Tim a net worth of over $4 million dollars. Tim uses a framework called SOLD and if you use this framework you can build a strong referral network as well.

Below, is the exact SOLD framework Tim uses:

Strategy

According to Tim, everything is mathematical. He approaches each conversation looking to learn and serve. When you approach conversations in this way, you focus on relationship building instead of feeling like you have an agenda to do business.

Ask great questions here and give the person you’re speaking with an opportunity to share their situation and what they are going through. Tim always asks, “What do you need and how can I serve you?” This is a powerful question that most people neglect and it’s the reason they are not experiencing as much sales success as Tim.

“Here is a powerful yet simple rule. Always give people more than they expect to get.” – Nelson Boswell

Objections = Opportunities

As the old wise quote states, “We were given two ears and one mouth for a reason.” This means we need to speak less and listen more.

Too often, people pitch and become salesy instead of being human and having a conversation where they are listening to the person they are sitting with. When you are listening, you give yourself the opportunity to learn their problems, obstacles, and needs in order to identify new opportunities.

Leverage referral partners

As you are gathering information you will identify if you are able to provide the solution that your prospect needs. If you cannot, it is time to leverage your referral partners and make the introduction.

By starting out the conversation saying, “Is it okay with you that if at anytime during our conversation I realize that I am not the right fit that I introduce you to someone who is?” you have already pre-framed yourself appropriately to leverage your referral network if you cannot provide a solution that is needed.

Your prospect will be very appreciative for your honesty and will trust your judgement. You get a lot of brownie points when you have the integrity to say that you are not the right fit, but let me introduce you to someone who is.

“People influence people. Nothing influences people more than a recommendation from a trusted friend. A trusted referral influences people more than the best broadcast message. A trusted referral is the Holy Grail of advertising.” – Mark Zuckerberg

Duplicate

Rinse and repeat this process. Having conversations in this way will enable you to work with the top 20% of people you speak with, and still provide value to the other 80%. In this way, every conversation opens up the opportunity for new business.

SOLD is business growth through asking great questions, active listening, and leveraging referral partners. Start to capitalize on the 80% of business that you are missing out on by referring these people to other service providers in your network.

If you think about providing value in service of others first, then you can leverage the SOLD framework for increased revenue in your business by simply being a connector and receiving commissions of 10%-25%.

Do you have referral partners in your business? Would love to hear your experience in the comment section below!

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Success Advice

A 5 Step Morning Routine That Leads to Explosive Growth and Success

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Have you ever noticed that how your day starts can dictate how the rest of your day goes? If you start your day on a positive and productive note, you feel a sense of excitement, pride, and accomplishment. And then those feelings power you through the rest of your day. You knock things off your to do list and find yourself in a great mood. Yet, when you wake up later than you were planning on, it can throw your entire day off. So make a decision to take control of your mornings and come up with a routine that will set you up for success.

When trying to construct a morning routine that fits your life, one thing to take into consideration is how important the night before is. Most people with winning morning routines, also take nighttime rituals into consideration. Before going to bed each night, plan your next day out in a journal, so you know exactly what you’re getting into. Nothing is worse than going into a day without a plan, and that’s a great way to lose control of the day.

Here’s a list of some of the most important things you can start each morning with to get off to a good start:

Step 1: Hydration: The elixir of life

One of the most important things you can do each morning is start your day off by drinking at least one glass of water. After 6-8 hours without any water, it’s essential to hydrate your body when you wake up and get it ready for the day. Your body is composed of mostly water and a lot of times, the importance of water is overlooked. Dehydration can lead to fatigue and headaches, so starting the day with water can help prevent dehydration. Because of that, staying hydrated means more energy and a lot of times, clearer thinking. There are a lot of health benefits to staying hydrated.

“Your day is pretty much formed by how you spend your first hour. Check your thoughts, attitude and heart.”

Step 2: Priming: The key to self transformation

Anthony (Tony) Robbins, one of the biggest motivational speakers, always talks about the importance of starting your day with priming. His priming exercise combines two important elements; gratitude and visualization. The priming exercise is about 15 minutes and the purpose is to get you into a good mental and physical state before you start your day. First, Tony asks you to think about 3 things that you are grateful for, and to step into those memories like you are there.

Next, he asks you to think of three things that you want to accomplish (short or long term). The purpose of these exercises is simple; start your day with gratitude and visualizing yourself accomplishing what you want to accomplish, whether it’s a short term goal or a long term goal.

If you don’t want to do that exact exercise, you can also do a combination of meditation and visualization. There are a lot of guided audios that you can use to help you get the most out of meditation and visualization.

Step 3: Exercise/Movement – Jumpstart your brain and your body

Exercise has massive benefits, both physical and mental. Starting your day with even 30 minutes of movement can give you increased energy and endorphins. It’s also a great way to start your day on a positive note. Think of how amazing you feel after you finish a good workout.

Step 4: Journaling – Create your future and write your goals into existence

Everyone has their own way of journaling; you need to find what works best for you. Some things you can do while journaling are making a list of 3-5 things you are grateful for, writing your goals down (daily or long term goals), or setting your intention for the day. Journaling can make you more productive as well as remind you what your goals/ targets are so that you stay focused on what you need to get done.

“Your morning routine generates a 10x return for good or for bad. Make it good.” – Todd Stocker

Step 5: Attack the day- conquer your biggest task that you have to do first thing

A lot of people tend to procrastinate on their most important task of the day. They’ll find any excuse to push it off. “Later” becomes “tomorrow.” And then somehow, the end of the week rolls around and the task still isn’t complete. However, if you prioritize your most important task and get it accomplished first thing in the morning, it gives you a sense of discipline and accomplishment.

Starting your morning with a routine can help transform your day. It can help you build new habits but even if you start with 2 or 3 of these, you will begin to see a big difference in how your days go. If you already have a morning routine but you are missing some of these steps, test them out and see what kind of an impact they have on your days.

What is your morning routine like? Comment below!

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Success Advice

Here’s Why Goals Are for Losers

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If you enter the word “goals” into your browser, more than 1.6 BILLION search results pop up. Safe to say, there’s no shortage of goal setting advice as a stepping-stone on your path to success. Yet, there’s a contrarian willing to risk criticism, challenge the status quo, and debunk goals at face value.

In his book “How To Fail At Almost Everything And Still Win Big,” Scott Adams is an author, cartoonist and Periscope streamer, who sees goals differently than most everyone else. Adams observes that if you study people who succeed, you’ll see most of them follow systems, not goals.

Goals vs. Systems

Adams defines goals as “reach it and be done objectives.” Whereas systems, is what you do on a regular basis with an expectation that you’ll build on and improve your chances of success.

In Adams book, he says he didn’t have a goal to write it by a specific date. He had a “process” that included blogging daily (for practice) believing this consistency would lead him down a path to where he wanted to be.

Other examples:

  • dieting to lose 10 lbs. is a goal. Learning to eat right, and doing so on a regular basis, is a system.
  • making a million dollars is a goal. Being a serial entrepreneur, is system.
  • running a marathon in under 3 hours is a goal. Exercising daily, is a system (forming a habit).

Could goals create tunnel vision? The problem with goals, says Adams, is that they’re laser-focused and could block awareness of other opportunities around you. If you have your head down pursuing a goal, you may miss better opportunities that could potentially advance you, perhaps even faster.

In contrast, says Adams, systems are flexible, leaving you wide open for new and better ways of doing things. “A system, performed daily, is moving you from a place with low odds to a place with better odds.”

Adams concedes, goals aren’t completely off the table. Goals are useful in “simple” situations that are “narrow, simplistic and have predictable pursuits.” They’re ok for short tasks with a clear purpose.

Two examples of different goals would be an “ok goal,” which would be entering a contest, while a “great goal” is to win. “It’s simple, it’s near term, it’s manageable.” Nonetheless, for success, goals are terrible for long-term endeavors like personal health and career success goals.

So are goals for losers? Adams says goals are psychological. If you haven’t reached your goal, you could be in a perpetual state of frustration and disappointment, possibly feeling like a failure.

Goals proceed with blinders on, expecting certain results at the end of weeks, months or years. Then once you’ve achieved that goal, what are you prepared for? Whereas systems are skill-based that add up, and can serve you on future projects.

“Never settle for average.” – Steve Jobs

Talent Stacking for Success

Talent stacking is the process of increasing your personal value by “layering together several mediocre skills” until you have something unique.

Although Adams says most of his undertakings can be considered failures from the standpoint of goals, they’re actually successes from the standpoint of systems. Gaining transferable skills has allowed him to achieve success in the long run.

In a Wall Street Journal interview, Adams shares how he stacked his talents of “mediocre artist, an ok writer, somewhat humorous, and some business knowledge” to create the wildly successful comic strip Dilbert (seen online in 2,000 newspapers, 65 countries in 25 languages) and substantial economic value.

Previously we outlined the four principles of success. Here, we add talent stacking, allowing you to capitalize on the array of opportunities that come your way. Adams recommends choosing to acquire ‘talents’ that build assets you can apply to future projects.

The assets you build will lead you down the path of eventual success over time. In today’s fast-paced world, Adams feels we’d all benefit from adding t­he following skills to your main talent:

  • public speaking
  • persuasion (to understand psychology)
  • some business sense
  • some technology sense

Adams recommends to not worry about the end result. Focus on daily execution and over time, there will be a payday.

Passion will follow

Ask a billionaire what’s the most important element to success and he’ll likely say “passion.” Adams disagrees. He says someone’s passion may not be realistic. In addition, he feels you can develop passion with success.

Adams’ observation is that people who have a good business plan probably do well. As things start working, and you start making money, suddenly passion appears!

The crossroads of luck

Adams believes the flexibility of systems increases your odds of luck finding you. By adding to your talent stack, more opportunities cross your path, with success following close behind.

There are many kids today with better programming skills than Bill Gates had. Yet, Gates was born in a time in history where he had access to computers when other people didn’t, and that luck has made him billions and billions of dollars. Adams says go where the luck is, tune yourself into the vibration of luck and increase the chances you’ll get it.

“Success is luck multiplied by the skills you obtain” – Scott Adams

So there you have it, systems are better if you have a complicated situation and a long time frame. Goals are fine if you have a simple situation and a short time frame.

The thread that ties this highly recommended book together is that if you develop good systems and follow them daily, then your efforts eventually overlap with luck.

What do you think about goals now? Looking forward to hearing from you in the comments area below.

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4 Ways to Overcome Entrepreneurial Anxiety

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It’s natural to feel nervous about your business when you’ve poured everything into it, including time, money, and other resources. Your nerves, however, can escalate into crippling anxiety if not managed effectively. (more…)

Sania Khiljee is a serial entrepreneur and social media expert that has been featured in Forbes, Entrepreneur, Inc, Huffington Post, and more. Sania is the co-owner of a private school Kids R Kids in Katy, TX and is the founder of a subscription box called Bumble Brain Box, which she sold in 2017. She also owns Losers to Legends, which is a social media agency and training company. Losers to Legends started as a motivational movement on social media and has grown to over 1.4 million followers. Her blog saniakhiljee.com also covers topics such as motivation, entrepreneurship, and social media.

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44 Comments

44 Comments

  1. Rs

    Jan 8, 2014 at 7:54 pm

    Its a simple narrative to point to the gates and Zuckerbergs of the world who did not need a university education to make their mark. However I would argue and the data supports the fact that the majority of successful tech entrepreneurs graduated with multiple degrees from a rigourous engineering, science or computing program (google, ebay founders as an example).

  2. Jeanne Yocum

    Dec 20, 2013 at 4:45 pm

    It’s pretty clear that you haven’t set foot on any of the campuses of community colleges across the nation that are involved in entrepreneurship education. If you had, you would know that they are using experiential learning, including student business incubators, on-campus businesses run by students, business plan competitions and many other methods to help students learn the intricacies of being an entrepreneur – from opportunity identification, funding, team building, etc. Some even have what are essentially VC funds to help get businesses off the ground. All of this comes at a price that does not leave people in debt up to their eyeballs. I know this because I edit the journal of the National Association for Community College Entrepreneurship (NACCE). I can give you example after example after example of students who have benefitted greatly and are already well on their way to success thanks to the education and support they received from their community college.

  3. Passive Income Riches

    Jul 10, 2013 at 1:22 am

    This is quite an interesting articles for a few reasons.
    The way I view it is that the overall level of education has increased globally.
    Graduating from a college or university in this era is like graduating from high school say 50-60 years ago. Getting a Masters or PHD now is like getting a college/university degree 50-60 years ago.

    I still think that there’s some value in education, but ultimately it’s how you make of that experience. Was it really a waste to go to college? Did you really learned and gained nothing out of it? Sometimes I think that it’s certain life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. Perhaps you needed the journey to make some decisions to get to where you are today.
    So, should you go to college or university or not? That’s a question that you have to ask and answer yourself.

  4. Stephen

    Jul 9, 2013 at 10:23 pm

    Very good and relevant. I hope your message reaches more people.

  5. Susan Eckley Ruch

    Jul 5, 2013 at 4:57 pm

    My Take: I do believe we need to go through our first 12 years of school. (K thru 12th grade)
    We do need to learn to read, write, math and socialization skills. I did go to college straight out of high school in 1978. I am 53 years old. So, I can say this. I got my BA degree and when I graduated after 4 years and now to think about it I paid for so many stupid classes that had nothing to do with what I wanted to be, do or have. I had an English degree, minors in Political Science and Law. Now, what do you with an English degree? I went to work for a restaurant chain (i.e. Burger King as a Manager) I was working for someone else making their dreams come true, not mine. After getting sick and tired of working for corporate America in 1999 I decided to start my own businesses. In school and in college they never taught us “Leverage”
    Over our lives we change our careers as many as 20 times because we are searching for what we really wanted to do. Even at 36 years old went back to college to increase my skills in business and accounting. I thought about this the other day. How much did I remember from college? Not much that had nothing to do with what I am doing now. I still found myself trading hours for dollars. We find ourselves going in a circle and end up in the same place we started. Also, when you own a business, the business owns you. In the past year someone showed me a different way to make $$ and realize my dreams. I believe we need to teach our kids a different way of making a life, not make a living. We need to teach them leverage. We all have all types of insurances (Life, car, house, rent, medical, pet) But there is no such thing as “Income Insurance” It took me a half a century to figure it out. I finally found something that pays me what I am worth and pays me for my hard work. College did not teach me this.
    Want to know more, Ask Me How!

    • Anya

      Jul 6, 2013 at 12:34 am

      I’m intrigued by your story, can you explain further please?

    • Passive Income Riches

      Jul 10, 2013 at 1:26 am

      Hi Susan. Totally get what you are saying. However, I also think that sometimes it’s those life experience that gives you the perspective of what you want or don’t want in life. It gives you a sense of realization. It helps you to realise what you want or don’t want to do. Perhaps that’s the journey that everyone has to go through in order to find a sense of purpose or meaning in life. Thank you for sharing your story.

  6. Michael Berry

    Jul 5, 2013 at 12:35 pm

    Win or lose = growth = win

  7. Kevin Martin

    Jul 4, 2013 at 4:45 am

    The way I see it, if you want to take on a job title that society is already familiar with, then go to school. If you want to be an entrepreneur and forge your own path, then go out in the world and experiment because experimenting is how people usually attain unfathomable success.

  8. MANGALISO NKUNIKA

    Apr 18, 2013 at 1:19 pm

    This is right and wrong at the same time.do you go to college to train your insticts or your social life?

  9. jonathan

    Jan 30, 2013 at 4:29 am

    Some of the sentence structure in this article makes me think the author could have benefited from some college-level english instruction.

  10. Nope

    Jan 22, 2013 at 10:27 pm

    This is a completely bs article. The author assumes that Bill Gates and Co are some sort of norm. Let me assure you, they are far far far exceptions. People who drop out or do not go to college do not do well. Sure, some might end up more creative for it, and even do something awesome, but to assume this is normal is idiotic at best.

    Entrepreneurs need to be able to think creatively and harness their creativity into real world products. There are plenty of institutions that understand and foster this. Maybe the author went to a state school and learned a trade but to generalize college as such is ridiculous.

    A final point, companies like Vemma are not bringing in “entrepreneurs” as they try and promote. Selling somebody else’s product is not and never will be entrepreneurship. It is a sales job like every single other one, you are rewarded based on how much product you sell. Bringing people in to sell under you (while almost a pyramid scheme) is also not entrepreneurship. Just like a COO of a big company does not claim to run his own company when he hires a new employee or starts a new division. Reps for these LLM companies do not realize that nobody cares if they make a bunch of money, its the fact that they try and manipulate their friends and family into working for them that is annoying as hell.

    but ya dumb article.

  11. TJ

    Jan 4, 2013 at 5:43 pm

    I completely agree with this post. Everything I’ve ever tried in college never worked for me because It was never meant for me. Feels good to be an entrepreneur

  12. Simon Ipinge

    Dec 28, 2012 at 5:55 am

    Maybe in a Developed economy, one does not need education. But in a third world country..if you don’t get education or get to rub shoulders with fellow University students, who will soon be in positions of power then your chances are pretty much doomed before you even begin. In the third world you are not born speaking the language of English..you have to learn it, and of course business is done in that language.

  13. Ron

    Dec 28, 2012 at 5:49 am

    I’m not a college graduate, I knew nothing about starting a business. My number one rule is, talk to other business people who have been there and done that. You can always tell the real successful from the ones who are not. Truly successful people will tell you everything you need to know and not fear the competition.

  14. Lucas Williamson

    Dec 28, 2012 at 5:37 am

    As an entrepreneur currently running a small business while preparing the launch of a second brand/venture im the same wrestling market (scholastic) an going to school full time.. I completely agree with every point. But still i am still trying to juggle both running a start up and going to school. My parents, mother mostly has been biggest influence to continue with school. As for me i see benefit in both because I am working on my BSD in industrial design and im currently designing and preparing to launch these wrestling products into the market. Where s the line you ask? Well i would say once it hits the level of profitability that i can manage all those school loan bills. Then again I ask myself how much of school i can continue to put up with knowing what I have learned from getting to where im at.

  15. AG

    Dec 16, 2012 at 8:27 pm

    I don’t believe that all career paths need a piece of paper. For the people that said you need to go to school to figure it out. Well I will give another point of view. Almost every single person that I went to HS with that attended a 4 year college is now in a dead end job. With the exception of one lawyer, a couple teachers, and a few in the medical profession. Those of us that skipped the wasted time of a 4 year degree are self employed. Most of us in art & music. The others in construction. While a degree will in fact get you a job its not necessarily a good one.

    • Jeannette Williams

      Dec 16, 2012 at 10:00 pm

      Maybe not, but there is nothing wrong with an educated society. A piece of paper won’t promise you a job, but it will give you a sense of pride about yourself and that’s priceless!!!!

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Success Advice

Are You Really a Leader? 3 Questions That Will Help You Find the Answer

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Being a leader is a lot of responsibility. People look to you to make decisions, direct them, provide support, and get results. A true leader is an amazing presence: a humble yet confident person who inspires those around them.

Unfortunately, a lot of people think they’re leaders, but really aren’t. In fact, according to talent scientist Tomas Chamorro-Premuzic, 80% of people believe they are better-than-average leaders, which is objectively impossible. I see people claiming to be leaders all the time, but they’re all talk and no substance.

What is Leadership?

A lot of the people I talk to seem to think that you become a leader just by having a job managing people. That’s simply not true. Leadership is a balancing act that would make a master juggler impressed.

True leadership involves making sure that there is a happy balance between employees’ needs and the company’s needs. If only the employees’ needs are prioritized, the company won’t be profitable. Likewise, if only the company’s needs are considered, employees will leave.

True leaders have the self-awareness and strategic skills to understand this delicate balance and understand their role in creating those key compromises.

“The key to successful leadership today is influence, not authority.” – Ken Blanchard

Can You Be a True Leader?

Although there are a number of different leadership styles and theories out there, leadership boils down to a few essentials. Leaders need the emotional intelligence to navigate difficult and uncomfortable situations while being able to inspire others to take action. There’s a big difference between saying you’re a leader and acting like one.

If you want to increase your self-awareness and find out if you’re a leader others can rely on, start by asking yourself these three questions:

1. Do you want to be a leader?

It may seem unfair, but in my experience, the people who make the best leaders don’t necessarily want to be. You only want what you don’t have, and same rings true here. If you want to be a leader then you probably aren’t focusing on the right aspects of leadership.

True leaders are natural trail-blazers, but they don’t set out to lead anyone. People just happen to take note of their talents and confidence and look to the person for advice and guidance.

2. Do you have an original vision, or are you just power-hungry?

Why do you want to be a leader? Is it so you have the final say, or do you have actual goals you want to accomplish with a team? True leaders don’t feel threatened by others—they’re too busy getting stuff done. Leaders typically don’t need to test or confirm their power.

If you think good leaders give directions and just want others to listen, you’ve got it wrong. The best leaders often don’t need to speak a whole lot—they listen and observe, they think deeply, and when they do speak, it’s meaningful.

A true leader acts and others follow those actions because they trust and respect the leader. It isn’t about a power battle or an ego trip. Leaders have a true vision.  

3. Are you willing to do the dirty work?

You don’t get to be a leader if all you do is sit around, give orders, and let other people do the dirty work. Real leaders are humble, and no work is “beneath” them.

They want to know what’s going on at the ground level, and they want to help their people when they’re struggling. If you’re not willing to talk to a customer or back your employee up in a bad situation, you don’t get to call yourself a leader.

“Leadership is a choice, not a position.” – Stephen Covey

Becoming a Self-Aware Leader

How did you do? Maybe you’re not cut out to be a leader. Maybe you are. Maybe you need to work on a few things first.

Real talk: being a good leader isn’t easy. However, becoming a true leader benefits everyone around you and can be extremely fulfilling. If you’re more determined than ever to become the best, most self-aware leader you can be, that’s great news: we need more leaders out there.

What are the characteristics of a great leader in your opinion? Share with us below!

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Success Advice

Capitalize on the 80% of Business That You Are Missing Out on Right Now With This Method

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Most of us are aware of Pareto’s Principle, the 80/20 rule. This principle states that 20% of the input gives us 80% of the output. The top 20% of your salespeople account for 80% of your business. The top 20% skills you have, account for 80% of your success. The top 20% of our customers will give us 80% of business. When we use this principle it allows us to narrow in and focus on the most important clients who are in our target market.

You’ll find that most people tell you to focus on your top 20%. Here’s the big question: What do you do with the other 80% of people who you do not work with?

Most of us let this 80% of potential business fall to the wayside because they are not our target market and we have no system set up to still do some form of business with them. However, this is not the case for Tim Johnson.

Just last year, he generated $11 million dollars from REFERRALS! He is the master of building a referral based business. By sending clients that he cannot work with to his friends and referral partners, he is able to receive commission for the introduction and new business.

Imagine having the potential to make money from EVERY business conversation! Tim speaks to about 3,000 people per year, and if he cannot help them personally, he knows someone in his Global Renegade network who can.

The thing is, we can all do this if we are intentional about it. As Tim puts it, “We need to date our referral partners. We put so much time and effort into people that do nothing for our business, yet we do not build strong relationships and invest time into our referral partners.”

Tim is a speaker, author, real estate developer, and business coach who is well known around the world. He starts each business conversation by saying, “Is it okay with you that if at anytime during this conversation I realize that I am not the right fit for you, I introduce you to someone in my network who is?”

Each time he is met with a resounding YES! Who would say no to this offer? This strong referral network has built Tim a net worth of over $4 million dollars. Tim uses a framework called SOLD and if you use this framework you can build a strong referral network as well.

Below, is the exact SOLD framework Tim uses:

Strategy

According to Tim, everything is mathematical. He approaches each conversation looking to learn and serve. When you approach conversations in this way, you focus on relationship building instead of feeling like you have an agenda to do business.

Ask great questions here and give the person you’re speaking with an opportunity to share their situation and what they are going through. Tim always asks, “What do you need and how can I serve you?” This is a powerful question that most people neglect and it’s the reason they are not experiencing as much sales success as Tim.

“Here is a powerful yet simple rule. Always give people more than they expect to get.” – Nelson Boswell

Objections = Opportunities

As the old wise quote states, “We were given two ears and one mouth for a reason.” This means we need to speak less and listen more.

Too often, people pitch and become salesy instead of being human and having a conversation where they are listening to the person they are sitting with. When you are listening, you give yourself the opportunity to learn their problems, obstacles, and needs in order to identify new opportunities.

Leverage referral partners

As you are gathering information you will identify if you are able to provide the solution that your prospect needs. If you cannot, it is time to leverage your referral partners and make the introduction.

By starting out the conversation saying, “Is it okay with you that if at anytime during our conversation I realize that I am not the right fit that I introduce you to someone who is?” you have already pre-framed yourself appropriately to leverage your referral network if you cannot provide a solution that is needed.

Your prospect will be very appreciative for your honesty and will trust your judgement. You get a lot of brownie points when you have the integrity to say that you are not the right fit, but let me introduce you to someone who is.

“People influence people. Nothing influences people more than a recommendation from a trusted friend. A trusted referral influences people more than the best broadcast message. A trusted referral is the Holy Grail of advertising.” – Mark Zuckerberg

Duplicate

Rinse and repeat this process. Having conversations in this way will enable you to work with the top 20% of people you speak with, and still provide value to the other 80%. In this way, every conversation opens up the opportunity for new business.

SOLD is business growth through asking great questions, active listening, and leveraging referral partners. Start to capitalize on the 80% of business that you are missing out on by referring these people to other service providers in your network.

If you think about providing value in service of others first, then you can leverage the SOLD framework for increased revenue in your business by simply being a connector and receiving commissions of 10%-25%.

Do you have referral partners in your business? Would love to hear your experience in the comment section below!

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A 5 Step Morning Routine That Leads to Explosive Growth and Success

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Have you ever noticed that how your day starts can dictate how the rest of your day goes? If you start your day on a positive and productive note, you feel a sense of excitement, pride, and accomplishment. And then those feelings power you through the rest of your day. You knock things off your to do list and find yourself in a great mood. Yet, when you wake up later than you were planning on, it can throw your entire day off. So make a decision to take control of your mornings and come up with a routine that will set you up for success.

When trying to construct a morning routine that fits your life, one thing to take into consideration is how important the night before is. Most people with winning morning routines, also take nighttime rituals into consideration. Before going to bed each night, plan your next day out in a journal, so you know exactly what you’re getting into. Nothing is worse than going into a day without a plan, and that’s a great way to lose control of the day.

Here’s a list of some of the most important things you can start each morning with to get off to a good start:

Step 1: Hydration: The elixir of life

One of the most important things you can do each morning is start your day off by drinking at least one glass of water. After 6-8 hours without any water, it’s essential to hydrate your body when you wake up and get it ready for the day. Your body is composed of mostly water and a lot of times, the importance of water is overlooked. Dehydration can lead to fatigue and headaches, so starting the day with water can help prevent dehydration. Because of that, staying hydrated means more energy and a lot of times, clearer thinking. There are a lot of health benefits to staying hydrated.

“Your day is pretty much formed by how you spend your first hour. Check your thoughts, attitude and heart.”

Step 2: Priming: The key to self transformation

Anthony (Tony) Robbins, one of the biggest motivational speakers, always talks about the importance of starting your day with priming. His priming exercise combines two important elements; gratitude and visualization. The priming exercise is about 15 minutes and the purpose is to get you into a good mental and physical state before you start your day. First, Tony asks you to think about 3 things that you are grateful for, and to step into those memories like you are there.

Next, he asks you to think of three things that you want to accomplish (short or long term). The purpose of these exercises is simple; start your day with gratitude and visualizing yourself accomplishing what you want to accomplish, whether it’s a short term goal or a long term goal.

If you don’t want to do that exact exercise, you can also do a combination of meditation and visualization. There are a lot of guided audios that you can use to help you get the most out of meditation and visualization.

Step 3: Exercise/Movement – Jumpstart your brain and your body

Exercise has massive benefits, both physical and mental. Starting your day with even 30 minutes of movement can give you increased energy and endorphins. It’s also a great way to start your day on a positive note. Think of how amazing you feel after you finish a good workout.

Step 4: Journaling – Create your future and write your goals into existence

Everyone has their own way of journaling; you need to find what works best for you. Some things you can do while journaling are making a list of 3-5 things you are grateful for, writing your goals down (daily or long term goals), or setting your intention for the day. Journaling can make you more productive as well as remind you what your goals/ targets are so that you stay focused on what you need to get done.

“Your morning routine generates a 10x return for good or for bad. Make it good.” – Todd Stocker

Step 5: Attack the day- conquer your biggest task that you have to do first thing

A lot of people tend to procrastinate on their most important task of the day. They’ll find any excuse to push it off. “Later” becomes “tomorrow.” And then somehow, the end of the week rolls around and the task still isn’t complete. However, if you prioritize your most important task and get it accomplished first thing in the morning, it gives you a sense of discipline and accomplishment.

Starting your morning with a routine can help transform your day. It can help you build new habits but even if you start with 2 or 3 of these, you will begin to see a big difference in how your days go. If you already have a morning routine but you are missing some of these steps, test them out and see what kind of an impact they have on your days.

What is your morning routine like? Comment below!

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Here’s Why Goals Are for Losers

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If you enter the word “goals” into your browser, more than 1.6 BILLION search results pop up. Safe to say, there’s no shortage of goal setting advice as a stepping-stone on your path to success. Yet, there’s a contrarian willing to risk criticism, challenge the status quo, and debunk goals at face value.

In his book “How To Fail At Almost Everything And Still Win Big,” Scott Adams is an author, cartoonist and Periscope streamer, who sees goals differently than most everyone else. Adams observes that if you study people who succeed, you’ll see most of them follow systems, not goals.

Goals vs. Systems

Adams defines goals as “reach it and be done objectives.” Whereas systems, is what you do on a regular basis with an expectation that you’ll build on and improve your chances of success.

In Adams book, he says he didn’t have a goal to write it by a specific date. He had a “process” that included blogging daily (for practice) believing this consistency would lead him down a path to where he wanted to be.

Other examples:

  • dieting to lose 10 lbs. is a goal. Learning to eat right, and doing so on a regular basis, is a system.
  • making a million dollars is a goal. Being a serial entrepreneur, is system.
  • running a marathon in under 3 hours is a goal. Exercising daily, is a system (forming a habit).

Could goals create tunnel vision? The problem with goals, says Adams, is that they’re laser-focused and could block awareness of other opportunities around you. If you have your head down pursuing a goal, you may miss better opportunities that could potentially advance you, perhaps even faster.

In contrast, says Adams, systems are flexible, leaving you wide open for new and better ways of doing things. “A system, performed daily, is moving you from a place with low odds to a place with better odds.”

Adams concedes, goals aren’t completely off the table. Goals are useful in “simple” situations that are “narrow, simplistic and have predictable pursuits.” They’re ok for short tasks with a clear purpose.

Two examples of different goals would be an “ok goal,” which would be entering a contest, while a “great goal” is to win. “It’s simple, it’s near term, it’s manageable.” Nonetheless, for success, goals are terrible for long-term endeavors like personal health and career success goals.

So are goals for losers? Adams says goals are psychological. If you haven’t reached your goal, you could be in a perpetual state of frustration and disappointment, possibly feeling like a failure.

Goals proceed with blinders on, expecting certain results at the end of weeks, months or years. Then once you’ve achieved that goal, what are you prepared for? Whereas systems are skill-based that add up, and can serve you on future projects.

“Never settle for average.” – Steve Jobs

Talent Stacking for Success

Talent stacking is the process of increasing your personal value by “layering together several mediocre skills” until you have something unique.

Although Adams says most of his undertakings can be considered failures from the standpoint of goals, they’re actually successes from the standpoint of systems. Gaining transferable skills has allowed him to achieve success in the long run.

In a Wall Street Journal interview, Adams shares how he stacked his talents of “mediocre artist, an ok writer, somewhat humorous, and some business knowledge” to create the wildly successful comic strip Dilbert (seen online in 2,000 newspapers, 65 countries in 25 languages) and substantial economic value.

Previously we outlined the four principles of success. Here, we add talent stacking, allowing you to capitalize on the array of opportunities that come your way. Adams recommends choosing to acquire ‘talents’ that build assets you can apply to future projects.

The assets you build will lead you down the path of eventual success over time. In today’s fast-paced world, Adams feels we’d all benefit from adding t­he following skills to your main talent:

  • public speaking
  • persuasion (to understand psychology)
  • some business sense
  • some technology sense

Adams recommends to not worry about the end result. Focus on daily execution and over time, there will be a payday.

Passion will follow

Ask a billionaire what’s the most important element to success and he’ll likely say “passion.” Adams disagrees. He says someone’s passion may not be realistic. In addition, he feels you can develop passion with success.

Adams’ observation is that people who have a good business plan probably do well. As things start working, and you start making money, suddenly passion appears!

The crossroads of luck

Adams believes the flexibility of systems increases your odds of luck finding you. By adding to your talent stack, more opportunities cross your path, with success following close behind.

There are many kids today with better programming skills than Bill Gates had. Yet, Gates was born in a time in history where he had access to computers when other people didn’t, and that luck has made him billions and billions of dollars. Adams says go where the luck is, tune yourself into the vibration of luck and increase the chances you’ll get it.

“Success is luck multiplied by the skills you obtain” – Scott Adams

So there you have it, systems are better if you have a complicated situation and a long time frame. Goals are fine if you have a simple situation and a short time frame.

The thread that ties this highly recommended book together is that if you develop good systems and follow them daily, then your efforts eventually overlap with luck.

What do you think about goals now? Looking forward to hearing from you in the comments area below.

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