Connect with us

Success Advice

10 Reasons Why Mark Cuban Is Worth Billions of Dollars

Joel Brown (Founder of Addicted2Success.com)

Published

on

Mark Cuban Rich Billionaire

Mark Cuban has successfully built and sold multiple businesses over the years. He is worth an estimated $2.5 billion after selling his business “Broadcast.com” for $5.9 billion in Yahoo stock and also is the owner of the Dallas Mavericks NBA Basketball team, Landmark Theatres and Magnolia Pictures.

Cuban is a self made billionaire and is a great example of how you can construct a successful business from the ground up.

Here are ten of the most important reasons why Mark Cuban is a super successful entrepreneur.

 

 

What Makes Mark Cuban So Successful

 

1) Cuban Knows How To Sell

Mark Cuban has the saying “sales cure all”. What this means is that if a business is struggling the real cause can invariably be traced back to a lack of sales. Cuban said he learned this important lesson when he was working for “Your Business Software“. Cuban closed a deal for $15,000 that he had been told by his CEO not to do. His boss was furious and this deal ended Cubans job at the company.

Cuban realized that although the CEO of the company might be in charge he didn’t know how to sell and that this was his weakness and could possibly be one of Cubans newly found strengths.

 

2) He Is Good At Spotting Potential

When Mark was starting out with “MircroSolutions” he once visited a business called “PCDirect”. Talking to the young owner of the business he was impressed by his vision and talent. He told the young man that he thought they were both going places. That young man was Michael Dell, and Michael Dell’s future, well became quite amazing as he earned billions and secured a spot between the big boys Apple & Microsoft in the market.

As a venture capitalist Cuban continues to look for that potential for greatness and is even featured on the Startup Investor TV Show on ABC called Shark Tank, where he invests in new ideas and ventures that he sees great potential in.

 

3) He Understands That He MUST Work Harder Than The Next Guy

The one thing that you can control is your work ethic and Mark makes sure that he is a beast in his field. Cuban says that you need to know the industry that you are in better than anyone else, to study, live and breathe it.

Earlier in his career when he was first working for MicroSolutions he was making around $60,000 a year. He was doing well but he wanted more. Cuban says he dedicated himself to learning everything he could so that he would be able to get an edge over his competitors. More recently Cuban says that he spends as much time as he can reading everything and anything about the cable industry. Cuban is always on the hunt to be the expert in his industry.

He understands that persistence most definitely pays off.

Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don’t do it. – Mark Cuban

 

4) Mark Cuban Focuses On REAL Results

While Cuban strongly believes in the importance of having a strong work ethic, he also suggests that we need to focus where we direct our energy. Working to produce real results is far more important than working simply for the sake of it.

He is also skeptical about start-ups who waste their money. He says if he receives too much “swag” from a company then he is immediately suspicious about how they are allocating their resources.

Mark Cuban Shark Tank

 

5) He Is Always Looking For Long Term Business Relationships

Cuban advises businesses not to be too focused on squeezing the maximum profit out of a single deal at the expense of the relationship with that customer. Real value for a company is created by maximizing the life time value of the customer.

As Cuban points out, business relationships are built over years, not on a single deal.

 

6) He Always Learns On The Job

If you are willing to learn your job can pay you twice.

– Firstly there is the money that you receive for working your job.

– Secondly there is the knowledge that you gain from working at your company.

This second form of payment is in Cubans opinion the most important one. When Cuban first started out working at “Your Business Software” he was only making $18,000 a year. But more importantly he was learning about the PC industry and how to sell. It was this knowledge that would allow him to build MicroSolutions into a company that did $30 million in sales only a few years later.

He took the risks when necessary and kept his eyes on the prize ahead of him, he discovered that he must always strive “to learn, create and grow.”

Because if you’re prepared and you know what it takes, it’s not a risk. You just have to figure out how to get there. There is always a way to get there. – Mark Cuban

 

7) Cuban Extends Himself To Get A Customer

Mark Cuban’s first customer was the $15,000 deal that lost him his job working at “Your Business Software“. After losing his job he went to the customer and asked if he could do the job for him personally. The client agreed and it launched MicroSolutions.

For his first clients Cuban would take no money for providing the service, the client was only charged for the software. Cuban did this because he realized that customers only want to work with you if you already have other customers and a great reputation.

 

8) He Doesn’t Believe In Hierarchy

Mark Cuban keeps a careful eye out for people he perceives as being “Empire Builders”.

These are senior executives who don’t want to make sales calls and require lots of perks. He believes in making the organizational structure as flat as possible. He also says that open offices work best and that executives should not be able to lock themselves away.

Mark Cuban Self Made

 

9) He Builds Companies To Last

Mark believes that many entrepreneurs are too focused on the idea of an exit strategy. He believes that the best way to build a company that will sell for a great price is to build a company that is designed to last. He also remarks that if you have your eyes on the exit then the company is not enough of an obsession for you.

 

10) He Knows When To Sell

Mark Cuban built his businesses because of his relentless sales drive and persistence, but he also become a billionaire because he knew the best time to sell. This has proven to be the key in many industries, many times over. Cuban sold Broadcast.com to Yahoo in 1999 for $5.9 billion in stock. One year later following the dot com crash the company’s value was worth a fraction of that.

He cashed out when the deal was good and didn’t hang on too long in hopes for a greedy “more”. Know when to sell, and learn when to walk away from something you feel does not do a sale justice either. Mark has mastered this and it has rewarded him dearly.

 

Mark Cuban is the definition of a hard working entrepreneur who isn’t afraid to hustle. Learn how to adopt some of his winning success traits and you may have what it takes to build your own fortune.

Mark Cuban Entrepreneur Picture Quote For Success

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.

Advertisement
8 Comments

8 Comments

  1. Mer

    Jun 13, 2015 at 6:45 pm

    “Because if you’re prepared and you know what it takes, it’s not a risk. You just have to figure out how to get there. There is always a way to get there.” – Mark Cuban

    This is the reason why most people quit – they don’t strive hard enough to figure out how to get there. And it was also the reason why I failed in my first few businesses.

    I whole-heartedly agree that you have to be an expert in whatever niche and position you are operating in. Being an expert not only makes it easier to learn new things related to your niche (e.g if you were an SEO expert in 1999, it’s easier for you to learn to use social media for SEO now), it also safeguards you against people who may try to shortchange you (e.g an SEO agency telling you to choose any one of their one-size-fits-all SEO packages).

    I’ve only recently started learning about Mark Cuban because I’ve been obsessed with Bill Gates, Warren Buffett, Richard Branson and Donald Trump before that. Simply reading about Mark tires me – he has an extremely incredible work ethic!

  2. Ugo

    Oct 24, 2013 at 7:43 pm

    simply amazing! wow!

  3. helios narcissus (@heliosnarcissus)

    Oct 1, 2013 at 2:10 pm

    gotta love this man. wohoow, that was quite a riiiiide >:DD

  4. Mats Holmvik

    Sep 24, 2013 at 2:10 pm

    Nice breakdown of it all! 🙂 Gotta love the Sharks!

    I agree to the parts and you should copy behavior of the person you want to be like!

    • Joel

      Joel

      Sep 25, 2013 at 8:24 am

      You got it Mats!

  5. Pratyush Jha

    Sep 21, 2013 at 4:05 pm

    what an inspiration!!!
    especially the risk he took by disobeying his ceo!!
    hats off…

  6. Jimoh Okoh

    Sep 21, 2013 at 3:41 pm

    wow

  7. FERNANDO BIZ

    Sep 21, 2013 at 8:33 am

    Great article with amazingly inspiring story. I never knew much Mark but this article gave a comprehensive message and momentum to play the game at it’s best.

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

2 Ways To End Suffering Forever.

Published

on

This year I have learned so much. I’ve learned that we all suffer no matter what. No one can avoid it. That’s not what I want to share with you though. What I want to tell you is that you have the power to end suffering.

I have proven it in my own life. We don’t need to suffer. We can end it all and the silly thing is it’s so simple. I do not want you to avoid this advice any longer. I want you to use it even if you think it’s a load of mumbo-jumbo.

Here are the two ways I’ve found to end suffering forever:

 

1. Find a way to give to other people.

You only suffer when life is all about you and your success. Once you move from being all about you, into a state of mind that is focused on giving, your problems become insignificant.

I had a couple of situations this year that have nearly knocked me flat on my ass. One was my romantic life falling to pieces and the other was my career collapsing. When both these events occurred, I used giving to other people as the way out of the maze that my mind created.

The moment suffering begun, I went straight to finding ways to serve other people. I helped friends with their businesses, I spoke at events to inspire people, I did some volunteering and I doubled down on my blogging so I could inspire as many people as possible.

Shifting the focus away from what was wrong and using my focus to give to others ended the suffering.

“There wasn’t time to suffer because the purpose of my life during those months was far bigger than me and my stupid life challenges. Giving to others gave me a way to find happiness when I probably would have hidden away and suffered in silence”

Seeing the solutions to other people’s problems and sharing them, gave me a way to put my career and relationships into perspective.

Giving is the example you need when times get tough and things get complicated. You suffer the most when you get stuck in your head and repeat the pattern of telling yourself how wrong your circumstances are.

Suffering can make you depressed, feel lonely, become selfish, go into a downward spiral and take away everything that’s good in your life.

Finding ways to give on the other hand, can cure all of those problems. I know it sounds so cliché what I’m saying but it surprises me how many people never use this strategy. Like I always say: the answers we seek are right in front of our nose.

Next time you feel yourself suffering, get out of your head and try this strategy.

 

 

2. Practice gratitude.

Okay, I thought this strategy was so dumb when I discovered it. It’s so obvious and it sounds way too easy. I mean how can writing down a few things you’re grateful for really end your suffering?

I mean you could lie to yourself and pretend that you’re grateful for something when you’re not. Well, that’s exactly what I did at the beginning. When I was suffering this year, I started writing down three things each day that I was grateful for.

In the first week, I lied about things I was grateful for and found the exercise completely ridiculous. This advice is so common that I decided to persist with this ridiculous self-help hack anyway.

What I found as I kept doing it was that your brain makes a shift subconsciously. Instead of being pissed off and suffering, your brain has to work extra hard to find three things every day to be grateful for.

To make this habit work even better I forced my brain to describe in detail each thing I was grateful for and ideally why. Some days sucked so bad that I thought I would never find three things. Once the challenge became a must, I spent my days working my butt off trying to find things I was grateful for.

While doing various activities during the day, I’d find moments when I was grateful for something and stop. I’d stop and see how I felt at that moment and I would have a mini celebration because I knew I had something for my gratitude list.

Then I tried to aim for five things each day instead of three. This shifted my focus even more. I should have been suffering but because I was forcing myself to see good things that were happening to me, I was distracted.

As I said earlier, this new habit seemed so dumb at the beginning. Once you really do it for a while, you see how it has the power to end suffering. You can’t be pissed off and be grateful at the same time. So, choose gratitude and then your suffering will be sidelined, and in my case, forgotten about.

 

***Life doesn’t need to be full of low points***

The suffering that we all experience is a choice. It probably doesn’t seem like that but these two hacks will demonstrate this to you. Your decision-making power is incredible and all you need to do is select one of these hacks to end suffering.

Don’t let the quality of your life be jeopardized by your default human mode to suffer. You’ll find these two hacks will not only end your suffering; these two hacks will give you purpose.

Here’s what I learned: most people are pissed off and suffer because they have no purpose. Once you find a purpose for your life, you’ll become addicted.

Now that’s a huge win don’t you think? You can end suffering and find purpose, all by using these two hacks. That’s the best gift I can give you.

Don’t just read this advice. Try these two hacks yourself.

It’s time to end suffering forever.

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

Continue Reading

Success Advice

7 Steps to Conquering the Fears That Are Holding You Back From Success

Published

on

how to conquer your fears

I remember the day in vivid detail. I was on a weekend trip visiting my girlfriend at the time in Arizona. She had decided that we should join her friends to go “cliff jumping.”  We were early on in our dating and she obviously had no idea that I was not fond of heights. So “cliffs” and jumping off of them… No thanks!

I inevitably found myself on the edge of a 40-foot cliff peering down at a vast blue canvas of water. Then I realized if I didn’t jump, I’d have to start the walk of shame back down the cliff. This was a lose-lose situation for me.

Fear had me. I didn’t want to jump, but I also didn’t want to look bad in front of my girlfriend’s friends. So I jumped and in that moment, I had defied my brain and my neurochemistry.

Our brains are wired to protect us, not to push us towards our goals. Our brains are wired to look for anything that could be potentially dangerous or threatening and keep us as far away from it as possible by using fear. The problem is not all situations warrant fear.

There is a saying in neuroscience that says, “the brain wires the way it fires”, meaning the more you do a certain activity, the more the brain lays down wiring to make that action or activity easier.

‘Fears are educated into us, and can, if we wish, be educated out.’ – Karl Augustus Menninger

When we let fear keep us stagnant and we continue to do the same things that are comfortable, our brain gets “hardwired” to stay comfortable. We become “stagnant.” This can become debilitating for some of us and prevent us from encountering the very experiences we need to grow and succeed.

When we, in spite of our fear, do the challenging things that are outside our comfort zone, we begin to hardwire into our brain change, adaptability, creativity, growth, perspective, and happiness because we stretch the boundaries of our brain’s capabilities and force it to adapt rather than “playing it safe.”

An elite athlete didn’t make it where they are today by going into their training and never pushing past their comfort zone. They constantly pushed their limits of comfort to force their bodies and minds to grow to that of a top performer. The same principle applies to our brains. If we let fear dictate our actions in any area of our lives, it will stunt your growth in that area.

So what’s the first step? How do we go about conquering our fears whether it’s public speaking, starting a business, or launching the product or service? See below:

1. Journal Your Fears

Write down all the fears you have, big or small. Contrary to opinion “size does not matter.” Your brain still operates the same with all types of fear. The key is to first acknowledge what you are fearful about and bring it to light. Be as specific as possible.

2. Prioritize Your Fears

I then rank my fears from highest to lowest in terms of how often I think about this fear and/or how much it disrupts my life. You may find some fears combine into a broader category and that’s ok — we’ll get to that. So for now identify your biggest fear.

3. Support Your Belief in Yourself

I don’t mean just “believe in yourself.” What I mean is to build in support systems that will support your belief in yourself, so that when you start taking action, your support systems will solidify those new experiences and form deeper, more meaningful, and lasting beliefs in yourself.

It may look like building a list of affirmations that you say every morning or a meditation. Whatever it is, it needs to be uplifting and empowering you towards conquering your goals.

4. Take Action & Start Small

Look at your list and identify what your biggest fear is. That’s the beast we’re going to tackle long term, but for some that may seem like a big stretch at first. So instead, see what your 5th biggest fear is, and that’s where you’ll start.

What we will then do is build our way up and take a ride on the “Momentum Train.” Starting small with taking actions toward your lower priority fears and then building up helps your brain build momentum, which provides your brain with plenty of courage and motivation to tackle the #1 fear on your list.

‘Avoiding danger is no safer in the long run than outright exposure. The fearful are caught as often as the bold.’ – Helen Keller

5. No Time Limit, Just Consistency

Most goals should be limited to a time domain. For the goal of tackling a fear, time can be a challenging factor to set. Some of these fears may have been unknowingly building up for decades without your knowledge. So I don’t recommend setting a time on when you are “going to conquer your fear.”

Instead set appointments to regularly meet and address your fear. If you’re fear is public speaking, then go to a local Toastmasters once a week. The more consistent you can be, the better.

6. Reframe and Reinforce

As you begin to address these fears, make sure you are reinforcing the experiences you have in a positive perspective. For instance, if you want to be less fearful of public speaking and decide to try out a local toastmasters group, your first time speaking to the group might feel like a train wreck, but when you look back on the situation you can acknowledge that that actually pushed past your fear and accomplished your goal.

7. Rinse and Repeat

This isn’t a quick fix. It may take some time. There’s always a new fear or challenge awaiting us. The key is to have systems like this in place to address those challenges properly rather than allowing ourselves to succumb to fear and derail our lives from their fullest potential.

How do you handle your fears? Comment below!

Image courtesy of Twenty20.com

Continue Reading

Success Advice

30 Straightforward Reminders to Help You Supercharge Your Life in 2018

Published

on

how to supercharge your life

This time of year it’s easy to be overwhelmed by well-meaning advice. Everyone seems to have a solution to your procrastination or a remedy for your lack of motivation. Unfortunately, most advice is either too general or irrelevant because it doesn’t address your main concerns.

I’ve spent the last year trying to hone in on some of the best tips and tricks I’ve learned to stay ahead and maintain a positive mindset.

Here are 30 straightforward reminders and tips to help you supercharge your life in 2018:

1. Get the basics right. Take care of your body, your mind and your soul. Make a list of what you know is good for you and what you know is bad for you in each category. Consider ways to reduce the bad and increase the good.

2. Reduce distractions that sap your energy. When you’re planning big changes, it’s easy to get pulled into many different directions. You get excited about a certain idea which pulls you down the rabbit hole into numerous other directions. Focus on one thing at a time.

3. Make a new friend. Start a conversation with a stranger in the elevator. Compliment someone. Provide some positive reinforcement. Do something without expecting anything in return.

4. Smile more. Smiling takes less effort than frowning. It’s also scientifically proven to make you feel better even if you don’t necessarily feel like smiling.

5. Walk 30 minutes a day. Just 30 minutes of exercise a day can help you stimulate your immune system, increase your metabolism and improve your mood.

6. Do one push-up for every year old you are. Or do twice as many sit-ups for every year old you are. Making sure you work the muscles in different parts of your body stimulates hormone production and helps increase fat burning.

7. Find your intrinsic drivers. Intrinsic drivers are what inspire you based on internal motivation, rather than external motivation. Find something you think of as beautiful, peaceful, relaxing. Embrace it. Appreciate it. Try to understand why you like it

8. Speak to an old friend. Reach out in an email, a text, a phone call. Check in and just let them know you’re thinking about them.

“Friendship is the only cement that will ever hold the world together.” – Woodrow T. Wilson

9. Invest in your health. Join a gym. Buy some type of sports equipment or clothing that is comfortable and that you enjoy being in. Consider joining a pick up sports team.

10. Study something that interests you. Buy a book about someone you admire. Pick a time period that you’re fascinated with. Make a point of becoming an expert on something that matters to you.

11. Teach someone something. Take a topic, any topic, and try to break it down into its component parts so that you can teach someone how to do it. The concentration and the effort it takes to teach someone something is often exactly the kind of effort that is required to truly understand it for yourself.

12. Delegate to someone. Find a task that needs to be done that you could do. Don’t do that task. Instead, look for someone you can ask to help you. Pay them or ask them for a favor. The key is to learn to delegate actions to others.

13. Meditate. Mindfulness and meditation are trending right now, but that’s not the reason you should consider adopting a meditation practice. The real reason is that meditation will help you focus on your key goals while cutting out the noise in the world around you.  

14. Learn to manage your personal finances. One of the biggest causes of stress that we as humans experience is the pressure to make money and control our finances. There are tons of free resources available online to help you learn about finances and help get your money in order.

15. Read more. No, I’m not talking about reading your Facebook News Feed. Read more books. Try to read a book a month, either fiction or nonfiction. At the beginning of the month choose a book and break down the number of pages. See how many you have to read a day to finish… then get started.

16. Cook at home at least 5 days a week. Cooking at home is cheap, easy and fun. You can hone skills in creativity and planning all at once, and it’s a great way to save money.

“My New Year’s resolution is to stick to a good workout plan that will keep me healthy and happy.” – James Lafferty

17. Sell someone. No, not into human bondage. Sell someone on an idea or a product. Learn to market yourself and your skills. Everyone sells as they move through life, but most of us are average salespeople.

18. Hone your principles. What principles define your life? What are your strongly held beliefs? Be honest with yourself and what principles you feel you must uphold.

19. Embrace the power of positive thought. Listen to positive audio tapes, surround yourself with positive people. Look at the positive side of life. Easier said than done, but truth be told one of the best ways to improve your mood is to look for sources of positive mood and inspiration.

20. Practice willpower. Habits are formed over time. Willpower is one of the most important habits you will ever build, so it is integral you continue to practice it through all aspects of your life. Look to the stoic philosophers for a primer on how to tackle this.

21. Write better hooks. A hook is the bit of a song that catches a listener’s attention and repeats your core message in an intriguing way. Similarly, in writing a hook is the quirky or fascinating intro that makes readers want to continue to read. Think about your own hooks and how you can get people interested in what you have to say.

22. Don’t sweat the small stuff. We often become obsessed with daily minutiae and avoid thinking about the big picture. Don’t let yourself worry too much about the small day-to-day struggles. Instead, put your head down and get to work.

23. Don’t overthink the big stuff. Too often we avoid taking leaps of faith because we’re worried about making a mistake on something big. We don’t buy the new house. We avoid marrying the person we love. We put off going to the doctor for that regular scan. Try not to overthink the big decisions (or seemingly small decisions) that may have larger ramifications. If it’s not overly dangerous or illegal, take the plunge and go for it.

24. Learn a new word a day. Increasing your vocabulary helps you see the world in different ways and makes you rethink your core beliefs.

“You don’t learn to walk by following rules. You learn by doing, and by falling over.” – Richard Branson

25. Become a moderate. Extremists are divisive and often at odds with a large portion of the population. Look for ways to bring people together through collaboration and consensus rather than through division.

26. Think big(ger). Many self-help books talk about setting big goals or envisioning massive success in your lifetime. If you want to become a true leader and attain greater fulfillment. Look for ways to think beyond creating success in your lifetime. Think about the legacy you’ll leave for future generations.

27. Learn universal processes. Assess how you work best and find ways to carry standardized processes over into other aspects of your life.

28. Develop support structures. What do you do if things aren’t going according to plan? Do you reach out to friends for support, meditate on the problem alone, or use some mixture of different coping mechanisms? Be aware of what works for you, and what doesn’t.

29. Don’t compare yourself to others. We fall into this trap far too often. We use others as a benchmark for our own progress, but we must remember that it is unhealthy to put too much weight on comparisons, as everyone has their own background and their own perspective.

30. Know when to let go. At the end of the day, you must try your best and let the cards fall as they may. All you can do is put your heart and soul into your effort and learn from the results.

Which one of these things are you going to implement into your life immediately? Comment below!

Image courtesy of Twenty20.com

Continue Reading

Success Advice

5 Things Generation Z Needs to Know in Order to Succeed

Published

on

generation z success tips

If you were born from 1995 through 2012, you are part of a special demographic—Generation Z. Congratulations! You are a very important person. First, you make up the largest percentage of the US population at 25.9 percent. Second, you’re an iGeneration kid, which means people like you write product reviews, click web ads, and build online businesses. In short, you run the Internet show.

Finally, you contribute $44 billion to the American economy. You have great potential, but your Internet addiction and reckless behavior are your biggest roadblocks to success. How do you limit the time you spend on Snapchat, focus on building a career, and break through the bars that block your way to success?

Try these five hacks for success:

1. Have a bold vision

Your life is your business. If you’re serious about making it profitable, you’ve got to have a bold vision and work tirelessly to achieve it. Start by redefining yourself. Just because you grew up with Snapchat and YouTube, doesn’t mean you have to use them carelessly. Of course, you can watch the dancing cats on YouTube, but you’ll have to find time for that.

Be a doer, not a chatter, watcher, or browser. Great visionaries are doers, not chatters. If you want success, examine your purpose in life, just like a CEO spends time crafting his company’s mission, then start doing.

Create your vision. Once you make sense of your goal in life, you can set a vision so high that it scares you. Finally, keep working—not chatting—to realize your vision.

2. Never dilute your vision

When I was in high school, I always had the highest grades in my class. However, a new student came to my school, and she began to outshine me in class, answering every question and making me look dumb. One night, I told my mom that I had disappointed her.

I told her that I had new competition, and didn’t have the intellectual capability to face the new girl in the arena. My mom’s response? She laughed out loud before saying anything. She then reminded me, “You told me, remember, that you’ll always be the top student. Why let this girl, a stranger that I believe is no match for you, change your mind?”

Those few words changed my mindset completely. I ended up taking the first position for that year. The moral of the story? Never dilute your vision. It’s scary to face competitors or naysayers who laugh at your idea, but bear in mind that all masters were laughed at before they were revered.

“The only limits are, as always, those of vision.” – James Broughton

3. Win big with small tasks

How do you keep winning and moving closer to realizing your vision? You win the small tasks. I get it, you truly want to create your own app making you the next success story in your industry. In addition, you want to start blogging and profit in the gig economy.  

However, accomplishing these things, all of them, is not possible. They are bigger projects that you can’t accomplish all at once. What is possible is to pick only one thing and work fiercely on it. Deconstruct the dream job.

If you have decided to become a successful blogger, break down that blogging job into smaller tasks. Determine your niche, buy a domain name, design your WordPress site, and start writing and publishing your posts. Successful people move from zero to hero by accomplishing the smaller tasks first. So, get each task done, one step at a time.

4. Stay laser focused on one task

Focus is the secret key that will unlock the code for your success. Unfortunately, for post-millennials living in the world of instant notifications, staying focused is hard. How can you stay focused, for one whole hour, on the single most important task of your day?

Well, here are some simple tips that worked for me:

  • Dedicate certain days to your work. These are your creative days. Whether it’s weekdays or weekends, whatever you choose, just make sure that you do nothing but work on those days.
  • Go tech-free on your creative days. Turn off your Wi-Fi. Power off your Smartphone (or leave it in another room on silent). Divorce the Internet before you sit down to work because too much online activity is dangerous for your physical health, mental faculty, and productivity.
  • Pick one task, only one task, and work on it for an hour.

Of course, you can’t get it done flawlessly when you first start. You’ll feel the urge to look at your phone and possibly check your social media feed or play a game. However, you must keep focusing on the task at hand over and over until it becomes a habit. Consider limiting your Internet time on your non-work days, too.

“The biggest challenge is to stay focused. It’s to have the discipline when there are so many competing things.” – Alexa Hirschfeld

5. Stay consistent

One of the most crucial success hacks is consistency. The rule is to show up every day and do the work required if you truly want to succeed.

Learn from the former American tennis champion Andrea Agassi. Before he made a name for himself, Agassi’s father instructed him to hit 5000 balls every day. Just lace some sneakers, show up at the court, hit 5000 balls, and go home to relax.

Show up and do the same tomorrow. This consistent routine was what elevated Agassi to becoming “the biggest worldwide star in the sport’s history.” If you want to achieve that level of success, set down your smartphone and get to work. “The doing,” as Arthur Ashe beautifully puts it, “is more important than the outcome.”

Which one of these tasks is more challenging for you? How will you improve on it this year? Let us know so we can help!

Continue Reading

Trending

Startups

The 5 Most Common Myths Associated With Starting a Business

Published

on

business myths

We live in a world of opportunities. I can remember growing up and always dreaming of wearing a suit and tie to work. It was my absolute dream. I was maybe 14 years old at the time and my grades in school were awful and I didn’t exactly have the brightest future ahead of me. I always had these misconceptions about success and what it took to achieve it. (more…)

Copywriter, persuasion enthusiast, published author, public speaker, and travel lover is the best way to describe Cole VanDeWoestyne. Cole’s fascination with persuasion started almost a decade ago where he first began selling Cutco Knives. It didn’t take long for Cole to move his way to Beverly Hills where he was the marketing director for the McLaren dealership for a short time before branching off and starting his writing agency where he has networked with the world’s top copywriters, content writers, marketing experts, and storytellers. He’s the writer behind many 8 and 9 figure entrepreneurs and has even ghostwritten in a handful of best-selling books. Cole has one goal: Make the world a better place by helping others tell their story. You can follow Cole on social media @Colevandee or on his website Colevandee.com.

Advertisement
8 Comments

8 Comments

  1. Mer

    Jun 13, 2015 at 6:45 pm

    “Because if you’re prepared and you know what it takes, it’s not a risk. You just have to figure out how to get there. There is always a way to get there.” – Mark Cuban

    This is the reason why most people quit – they don’t strive hard enough to figure out how to get there. And it was also the reason why I failed in my first few businesses.

    I whole-heartedly agree that you have to be an expert in whatever niche and position you are operating in. Being an expert not only makes it easier to learn new things related to your niche (e.g if you were an SEO expert in 1999, it’s easier for you to learn to use social media for SEO now), it also safeguards you against people who may try to shortchange you (e.g an SEO agency telling you to choose any one of their one-size-fits-all SEO packages).

    I’ve only recently started learning about Mark Cuban because I’ve been obsessed with Bill Gates, Warren Buffett, Richard Branson and Donald Trump before that. Simply reading about Mark tires me – he has an extremely incredible work ethic!

  2. Ugo

    Oct 24, 2013 at 7:43 pm

    simply amazing! wow!

  3. helios narcissus (@heliosnarcissus)

    Oct 1, 2013 at 2:10 pm

    gotta love this man. wohoow, that was quite a riiiiide >:DD

  4. Mats Holmvik

    Sep 24, 2013 at 2:10 pm

    Nice breakdown of it all! 🙂 Gotta love the Sharks!

    I agree to the parts and you should copy behavior of the person you want to be like!

    • Joel

      Joel

      Sep 25, 2013 at 8:24 am

      You got it Mats!

  5. Pratyush Jha

    Sep 21, 2013 at 4:05 pm

    what an inspiration!!!
    especially the risk he took by disobeying his ceo!!
    hats off…

  6. Jimoh Okoh

    Sep 21, 2013 at 3:41 pm

    wow

  7. FERNANDO BIZ

    Sep 21, 2013 at 8:33 am

    Great article with amazingly inspiring story. I never knew much Mark but this article gave a comprehensive message and momentum to play the game at it’s best.

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

2 Ways To End Suffering Forever.

Published

on

This year I have learned so much. I’ve learned that we all suffer no matter what. No one can avoid it. That’s not what I want to share with you though. What I want to tell you is that you have the power to end suffering.

I have proven it in my own life. We don’t need to suffer. We can end it all and the silly thing is it’s so simple. I do not want you to avoid this advice any longer. I want you to use it even if you think it’s a load of mumbo-jumbo.

Here are the two ways I’ve found to end suffering forever:

 

1. Find a way to give to other people.

You only suffer when life is all about you and your success. Once you move from being all about you, into a state of mind that is focused on giving, your problems become insignificant.

I had a couple of situations this year that have nearly knocked me flat on my ass. One was my romantic life falling to pieces and the other was my career collapsing. When both these events occurred, I used giving to other people as the way out of the maze that my mind created.

The moment suffering begun, I went straight to finding ways to serve other people. I helped friends with their businesses, I spoke at events to inspire people, I did some volunteering and I doubled down on my blogging so I could inspire as many people as possible.

Shifting the focus away from what was wrong and using my focus to give to others ended the suffering.

“There wasn’t time to suffer because the purpose of my life during those months was far bigger than me and my stupid life challenges. Giving to others gave me a way to find happiness when I probably would have hidden away and suffered in silence”

Seeing the solutions to other people’s problems and sharing them, gave me a way to put my career and relationships into perspective.

Giving is the example you need when times get tough and things get complicated. You suffer the most when you get stuck in your head and repeat the pattern of telling yourself how wrong your circumstances are.

Suffering can make you depressed, feel lonely, become selfish, go into a downward spiral and take away everything that’s good in your life.

Finding ways to give on the other hand, can cure all of those problems. I know it sounds so cliché what I’m saying but it surprises me how many people never use this strategy. Like I always say: the answers we seek are right in front of our nose.

Next time you feel yourself suffering, get out of your head and try this strategy.

 

 

2. Practice gratitude.

Okay, I thought this strategy was so dumb when I discovered it. It’s so obvious and it sounds way too easy. I mean how can writing down a few things you’re grateful for really end your suffering?

I mean you could lie to yourself and pretend that you’re grateful for something when you’re not. Well, that’s exactly what I did at the beginning. When I was suffering this year, I started writing down three things each day that I was grateful for.

In the first week, I lied about things I was grateful for and found the exercise completely ridiculous. This advice is so common that I decided to persist with this ridiculous self-help hack anyway.

What I found as I kept doing it was that your brain makes a shift subconsciously. Instead of being pissed off and suffering, your brain has to work extra hard to find three things every day to be grateful for.

To make this habit work even better I forced my brain to describe in detail each thing I was grateful for and ideally why. Some days sucked so bad that I thought I would never find three things. Once the challenge became a must, I spent my days working my butt off trying to find things I was grateful for.

While doing various activities during the day, I’d find moments when I was grateful for something and stop. I’d stop and see how I felt at that moment and I would have a mini celebration because I knew I had something for my gratitude list.

Then I tried to aim for five things each day instead of three. This shifted my focus even more. I should have been suffering but because I was forcing myself to see good things that were happening to me, I was distracted.

As I said earlier, this new habit seemed so dumb at the beginning. Once you really do it for a while, you see how it has the power to end suffering. You can’t be pissed off and be grateful at the same time. So, choose gratitude and then your suffering will be sidelined, and in my case, forgotten about.

 

***Life doesn’t need to be full of low points***

The suffering that we all experience is a choice. It probably doesn’t seem like that but these two hacks will demonstrate this to you. Your decision-making power is incredible and all you need to do is select one of these hacks to end suffering.

Don’t let the quality of your life be jeopardized by your default human mode to suffer. You’ll find these two hacks will not only end your suffering; these two hacks will give you purpose.

Here’s what I learned: most people are pissed off and suffer because they have no purpose. Once you find a purpose for your life, you’ll become addicted.

Now that’s a huge win don’t you think? You can end suffering and find purpose, all by using these two hacks. That’s the best gift I can give you.

Don’t just read this advice. Try these two hacks yourself.

It’s time to end suffering forever.

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

Continue Reading

Success Advice

7 Steps to Conquering the Fears That Are Holding You Back From Success

Published

on

how to conquer your fears

I remember the day in vivid detail. I was on a weekend trip visiting my girlfriend at the time in Arizona. She had decided that we should join her friends to go “cliff jumping.”  We were early on in our dating and she obviously had no idea that I was not fond of heights. So “cliffs” and jumping off of them… No thanks!

I inevitably found myself on the edge of a 40-foot cliff peering down at a vast blue canvas of water. Then I realized if I didn’t jump, I’d have to start the walk of shame back down the cliff. This was a lose-lose situation for me.

Fear had me. I didn’t want to jump, but I also didn’t want to look bad in front of my girlfriend’s friends. So I jumped and in that moment, I had defied my brain and my neurochemistry.

Our brains are wired to protect us, not to push us towards our goals. Our brains are wired to look for anything that could be potentially dangerous or threatening and keep us as far away from it as possible by using fear. The problem is not all situations warrant fear.

There is a saying in neuroscience that says, “the brain wires the way it fires”, meaning the more you do a certain activity, the more the brain lays down wiring to make that action or activity easier.

‘Fears are educated into us, and can, if we wish, be educated out.’ – Karl Augustus Menninger

When we let fear keep us stagnant and we continue to do the same things that are comfortable, our brain gets “hardwired” to stay comfortable. We become “stagnant.” This can become debilitating for some of us and prevent us from encountering the very experiences we need to grow and succeed.

When we, in spite of our fear, do the challenging things that are outside our comfort zone, we begin to hardwire into our brain change, adaptability, creativity, growth, perspective, and happiness because we stretch the boundaries of our brain’s capabilities and force it to adapt rather than “playing it safe.”

An elite athlete didn’t make it where they are today by going into their training and never pushing past their comfort zone. They constantly pushed their limits of comfort to force their bodies and minds to grow to that of a top performer. The same principle applies to our brains. If we let fear dictate our actions in any area of our lives, it will stunt your growth in that area.

So what’s the first step? How do we go about conquering our fears whether it’s public speaking, starting a business, or launching the product or service? See below:

1. Journal Your Fears

Write down all the fears you have, big or small. Contrary to opinion “size does not matter.” Your brain still operates the same with all types of fear. The key is to first acknowledge what you are fearful about and bring it to light. Be as specific as possible.

2. Prioritize Your Fears

I then rank my fears from highest to lowest in terms of how often I think about this fear and/or how much it disrupts my life. You may find some fears combine into a broader category and that’s ok — we’ll get to that. So for now identify your biggest fear.

3. Support Your Belief in Yourself

I don’t mean just “believe in yourself.” What I mean is to build in support systems that will support your belief in yourself, so that when you start taking action, your support systems will solidify those new experiences and form deeper, more meaningful, and lasting beliefs in yourself.

It may look like building a list of affirmations that you say every morning or a meditation. Whatever it is, it needs to be uplifting and empowering you towards conquering your goals.

4. Take Action & Start Small

Look at your list and identify what your biggest fear is. That’s the beast we’re going to tackle long term, but for some that may seem like a big stretch at first. So instead, see what your 5th biggest fear is, and that’s where you’ll start.

What we will then do is build our way up and take a ride on the “Momentum Train.” Starting small with taking actions toward your lower priority fears and then building up helps your brain build momentum, which provides your brain with plenty of courage and motivation to tackle the #1 fear on your list.

‘Avoiding danger is no safer in the long run than outright exposure. The fearful are caught as often as the bold.’ – Helen Keller

5. No Time Limit, Just Consistency

Most goals should be limited to a time domain. For the goal of tackling a fear, time can be a challenging factor to set. Some of these fears may have been unknowingly building up for decades without your knowledge. So I don’t recommend setting a time on when you are “going to conquer your fear.”

Instead set appointments to regularly meet and address your fear. If you’re fear is public speaking, then go to a local Toastmasters once a week. The more consistent you can be, the better.

6. Reframe and Reinforce

As you begin to address these fears, make sure you are reinforcing the experiences you have in a positive perspective. For instance, if you want to be less fearful of public speaking and decide to try out a local toastmasters group, your first time speaking to the group might feel like a train wreck, but when you look back on the situation you can acknowledge that that actually pushed past your fear and accomplished your goal.

7. Rinse and Repeat

This isn’t a quick fix. It may take some time. There’s always a new fear or challenge awaiting us. The key is to have systems like this in place to address those challenges properly rather than allowing ourselves to succumb to fear and derail our lives from their fullest potential.

How do you handle your fears? Comment below!

Image courtesy of Twenty20.com

Continue Reading

Success Advice

30 Straightforward Reminders to Help You Supercharge Your Life in 2018

Published

on

how to supercharge your life

This time of year it’s easy to be overwhelmed by well-meaning advice. Everyone seems to have a solution to your procrastination or a remedy for your lack of motivation. Unfortunately, most advice is either too general or irrelevant because it doesn’t address your main concerns.

I’ve spent the last year trying to hone in on some of the best tips and tricks I’ve learned to stay ahead and maintain a positive mindset.

Here are 30 straightforward reminders and tips to help you supercharge your life in 2018:

1. Get the basics right. Take care of your body, your mind and your soul. Make a list of what you know is good for you and what you know is bad for you in each category. Consider ways to reduce the bad and increase the good.

2. Reduce distractions that sap your energy. When you’re planning big changes, it’s easy to get pulled into many different directions. You get excited about a certain idea which pulls you down the rabbit hole into numerous other directions. Focus on one thing at a time.

3. Make a new friend. Start a conversation with a stranger in the elevator. Compliment someone. Provide some positive reinforcement. Do something without expecting anything in return.

4. Smile more. Smiling takes less effort than frowning. It’s also scientifically proven to make you feel better even if you don’t necessarily feel like smiling.

5. Walk 30 minutes a day. Just 30 minutes of exercise a day can help you stimulate your immune system, increase your metabolism and improve your mood.

6. Do one push-up for every year old you are. Or do twice as many sit-ups for every year old you are. Making sure you work the muscles in different parts of your body stimulates hormone production and helps increase fat burning.

7. Find your intrinsic drivers. Intrinsic drivers are what inspire you based on internal motivation, rather than external motivation. Find something you think of as beautiful, peaceful, relaxing. Embrace it. Appreciate it. Try to understand why you like it

8. Speak to an old friend. Reach out in an email, a text, a phone call. Check in and just let them know you’re thinking about them.

“Friendship is the only cement that will ever hold the world together.” – Woodrow T. Wilson

9. Invest in your health. Join a gym. Buy some type of sports equipment or clothing that is comfortable and that you enjoy being in. Consider joining a pick up sports team.

10. Study something that interests you. Buy a book about someone you admire. Pick a time period that you’re fascinated with. Make a point of becoming an expert on something that matters to you.

11. Teach someone something. Take a topic, any topic, and try to break it down into its component parts so that you can teach someone how to do it. The concentration and the effort it takes to teach someone something is often exactly the kind of effort that is required to truly understand it for yourself.

12. Delegate to someone. Find a task that needs to be done that you could do. Don’t do that task. Instead, look for someone you can ask to help you. Pay them or ask them for a favor. The key is to learn to delegate actions to others.

13. Meditate. Mindfulness and meditation are trending right now, but that’s not the reason you should consider adopting a meditation practice. The real reason is that meditation will help you focus on your key goals while cutting out the noise in the world around you.  

14. Learn to manage your personal finances. One of the biggest causes of stress that we as humans experience is the pressure to make money and control our finances. There are tons of free resources available online to help you learn about finances and help get your money in order.

15. Read more. No, I’m not talking about reading your Facebook News Feed. Read more books. Try to read a book a month, either fiction or nonfiction. At the beginning of the month choose a book and break down the number of pages. See how many you have to read a day to finish… then get started.

16. Cook at home at least 5 days a week. Cooking at home is cheap, easy and fun. You can hone skills in creativity and planning all at once, and it’s a great way to save money.

“My New Year’s resolution is to stick to a good workout plan that will keep me healthy and happy.” – James Lafferty

17. Sell someone. No, not into human bondage. Sell someone on an idea or a product. Learn to market yourself and your skills. Everyone sells as they move through life, but most of us are average salespeople.

18. Hone your principles. What principles define your life? What are your strongly held beliefs? Be honest with yourself and what principles you feel you must uphold.

19. Embrace the power of positive thought. Listen to positive audio tapes, surround yourself with positive people. Look at the positive side of life. Easier said than done, but truth be told one of the best ways to improve your mood is to look for sources of positive mood and inspiration.

20. Practice willpower. Habits are formed over time. Willpower is one of the most important habits you will ever build, so it is integral you continue to practice it through all aspects of your life. Look to the stoic philosophers for a primer on how to tackle this.

21. Write better hooks. A hook is the bit of a song that catches a listener’s attention and repeats your core message in an intriguing way. Similarly, in writing a hook is the quirky or fascinating intro that makes readers want to continue to read. Think about your own hooks and how you can get people interested in what you have to say.

22. Don’t sweat the small stuff. We often become obsessed with daily minutiae and avoid thinking about the big picture. Don’t let yourself worry too much about the small day-to-day struggles. Instead, put your head down and get to work.

23. Don’t overthink the big stuff. Too often we avoid taking leaps of faith because we’re worried about making a mistake on something big. We don’t buy the new house. We avoid marrying the person we love. We put off going to the doctor for that regular scan. Try not to overthink the big decisions (or seemingly small decisions) that may have larger ramifications. If it’s not overly dangerous or illegal, take the plunge and go for it.

24. Learn a new word a day. Increasing your vocabulary helps you see the world in different ways and makes you rethink your core beliefs.

“You don’t learn to walk by following rules. You learn by doing, and by falling over.” – Richard Branson

25. Become a moderate. Extremists are divisive and often at odds with a large portion of the population. Look for ways to bring people together through collaboration and consensus rather than through division.

26. Think big(ger). Many self-help books talk about setting big goals or envisioning massive success in your lifetime. If you want to become a true leader and attain greater fulfillment. Look for ways to think beyond creating success in your lifetime. Think about the legacy you’ll leave for future generations.

27. Learn universal processes. Assess how you work best and find ways to carry standardized processes over into other aspects of your life.

28. Develop support structures. What do you do if things aren’t going according to plan? Do you reach out to friends for support, meditate on the problem alone, or use some mixture of different coping mechanisms? Be aware of what works for you, and what doesn’t.

29. Don’t compare yourself to others. We fall into this trap far too often. We use others as a benchmark for our own progress, but we must remember that it is unhealthy to put too much weight on comparisons, as everyone has their own background and their own perspective.

30. Know when to let go. At the end of the day, you must try your best and let the cards fall as they may. All you can do is put your heart and soul into your effort and learn from the results.

Which one of these things are you going to implement into your life immediately? Comment below!

Image courtesy of Twenty20.com

Continue Reading

Success Advice

5 Things Generation Z Needs to Know in Order to Succeed

Published

on

generation z success tips

If you were born from 1995 through 2012, you are part of a special demographic—Generation Z. Congratulations! You are a very important person. First, you make up the largest percentage of the US population at 25.9 percent. Second, you’re an iGeneration kid, which means people like you write product reviews, click web ads, and build online businesses. In short, you run the Internet show.

Finally, you contribute $44 billion to the American economy. You have great potential, but your Internet addiction and reckless behavior are your biggest roadblocks to success. How do you limit the time you spend on Snapchat, focus on building a career, and break through the bars that block your way to success?

Try these five hacks for success:

1. Have a bold vision

Your life is your business. If you’re serious about making it profitable, you’ve got to have a bold vision and work tirelessly to achieve it. Start by redefining yourself. Just because you grew up with Snapchat and YouTube, doesn’t mean you have to use them carelessly. Of course, you can watch the dancing cats on YouTube, but you’ll have to find time for that.

Be a doer, not a chatter, watcher, or browser. Great visionaries are doers, not chatters. If you want success, examine your purpose in life, just like a CEO spends time crafting his company’s mission, then start doing.

Create your vision. Once you make sense of your goal in life, you can set a vision so high that it scares you. Finally, keep working—not chatting—to realize your vision.

2. Never dilute your vision

When I was in high school, I always had the highest grades in my class. However, a new student came to my school, and she began to outshine me in class, answering every question and making me look dumb. One night, I told my mom that I had disappointed her.

I told her that I had new competition, and didn’t have the intellectual capability to face the new girl in the arena. My mom’s response? She laughed out loud before saying anything. She then reminded me, “You told me, remember, that you’ll always be the top student. Why let this girl, a stranger that I believe is no match for you, change your mind?”

Those few words changed my mindset completely. I ended up taking the first position for that year. The moral of the story? Never dilute your vision. It’s scary to face competitors or naysayers who laugh at your idea, but bear in mind that all masters were laughed at before they were revered.

“The only limits are, as always, those of vision.” – James Broughton

3. Win big with small tasks

How do you keep winning and moving closer to realizing your vision? You win the small tasks. I get it, you truly want to create your own app making you the next success story in your industry. In addition, you want to start blogging and profit in the gig economy.  

However, accomplishing these things, all of them, is not possible. They are bigger projects that you can’t accomplish all at once. What is possible is to pick only one thing and work fiercely on it. Deconstruct the dream job.

If you have decided to become a successful blogger, break down that blogging job into smaller tasks. Determine your niche, buy a domain name, design your WordPress site, and start writing and publishing your posts. Successful people move from zero to hero by accomplishing the smaller tasks first. So, get each task done, one step at a time.

4. Stay laser focused on one task

Focus is the secret key that will unlock the code for your success. Unfortunately, for post-millennials living in the world of instant notifications, staying focused is hard. How can you stay focused, for one whole hour, on the single most important task of your day?

Well, here are some simple tips that worked for me:

  • Dedicate certain days to your work. These are your creative days. Whether it’s weekdays or weekends, whatever you choose, just make sure that you do nothing but work on those days.
  • Go tech-free on your creative days. Turn off your Wi-Fi. Power off your Smartphone (or leave it in another room on silent). Divorce the Internet before you sit down to work because too much online activity is dangerous for your physical health, mental faculty, and productivity.
  • Pick one task, only one task, and work on it for an hour.

Of course, you can’t get it done flawlessly when you first start. You’ll feel the urge to look at your phone and possibly check your social media feed or play a game. However, you must keep focusing on the task at hand over and over until it becomes a habit. Consider limiting your Internet time on your non-work days, too.

“The biggest challenge is to stay focused. It’s to have the discipline when there are so many competing things.” – Alexa Hirschfeld

5. Stay consistent

One of the most crucial success hacks is consistency. The rule is to show up every day and do the work required if you truly want to succeed.

Learn from the former American tennis champion Andrea Agassi. Before he made a name for himself, Agassi’s father instructed him to hit 5000 balls every day. Just lace some sneakers, show up at the court, hit 5000 balls, and go home to relax.

Show up and do the same tomorrow. This consistent routine was what elevated Agassi to becoming “the biggest worldwide star in the sport’s history.” If you want to achieve that level of success, set down your smartphone and get to work. “The doing,” as Arthur Ashe beautifully puts it, “is more important than the outcome.”

Which one of these tasks is more challenging for you? How will you improve on it this year? Let us know so we can help!

Continue Reading

Trending