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3 Simple Steps to Help You Embrace Your Inner Leader

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how to become an effective leader

When you think of an effective leader, what image comes to mind? It’s easy to come up with a few names off the top of your head. For me, I immediately think of Steve Jobs, Henry Ford and Oprah. What you’ll see is that my names have a theme.

They were all excellent innovators. They believed in their vision and they were always aware that the people who followed them were important to their success. You may come up with a different list. Leaders with different attitudes and approaches may inspire you.

In fact, an article published by Harvard Business Review titled “The Eight Archetypes of Leadership” by Manfred F. R. Kets de Vries, discusses the different ways people embrace their leadership style. As such, different people embrace different leadership styles and techniques that suit their strengths, but then build on those strengths to develop a well-rounded approach to leadership.

Here are three simple steps you can take today to develop a foundation of strong leadership:

1. Find the right inspiration

Developing your leadership style is tricky and takes some practice. The first step is to ask yourself what you think it takes to be a leader. How does a leader behave? How is a leader perceived in the workplace? What is the image you need to create (or change) in order to be seen as an authentic leader? Take a look at what you think a leader should be and decide if your perspective needs to be refreshed.

Who inspires you? It could be anyone, from a colleague you work with everyday, to someone you look up to as a mentor, to a highly successful businessperson who works in the same industry. Make note of the attributes that stand out to you. Is this person known for his creativity in leadership, or is she known for her ability drive a turnaround story? Find what resonates with you on a deep level and use it as inspiration for your own leadership approach.

“If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams

2. Evaluate your approach

Now, take a look at your current leadership approach. We all have to start somewhere, so even if you are only leading a team, as opposed to a division, small business or major corporation, ask yourself how your approach to leadership aligns with what is most important to you. Does it feel inauthentic, forced or unnatural? Are you behaving the way you think a leader should behave, or are you just following the example of other people who don’t inspire you?

For example, I worked with a small-business owner a few years ago that had a very intimidating leadership style. It was her way or the highway, and while she had notable numbers to show for her efforts – steady growth year over year, a sustainable revenue stream, and creative new products entering the market, absolutely no one wanted to work with her to realize her vision.

She believed leadership meant driving projects forward ruthlessly because that’s all she knew from her work in consulting. While that approach may have helped her in the short-term, it didn’t translate into long-term growth for her business, which is what she really wanted.

 

3. Embrace your inner leader

Ultimately, you want to find alignment between what you think makes a great leader and how you are currently behaving. From there, take some time to identify your leadership strengths to build a foundation for your skills and then work to add skills that will give you a well-rounded leadership approach.

In my client’s case, productivity was her strength and she could lead projects and ideas into completion with ease, but when it cut into her ability to grow a great team, she realized that she was sacrificing the kind of numbers and growth she really wanted for her business. As Kets de Vries notes, this kind of leadership style may work in certain situations for the short-term but it can ruin morale and doesn’t help build a company or business that lasts.

For my client, she found success once she identified her leadership style, developed that strength in specific areas, and then worked to build on that foundation to become a well-rounded business leader.  She was able to reconnect with her ability to inspire her employees and discovered a new level of success, both personally and professionally.

The end result should always be about building the foundation for healthy and strong relationships with the people around you. That includes those who work with you, those who buy from you and those who invest in your ideas.

“Innovation distinguishes between a leader and a follower.” – Steve Jobs

What leadership advice do you have? Please share your thoughts in the comment section below!

Christina Holloway is a management and strategy consultant, speaker, and leadership coach. She brings 20+ years experience working with visionary clients who want to restart their careers and pursue new goals. As the founder of a small independent consulting company, she spent the last 15 years working with large multi-national businesses, and now leverages that experience to educate, inspire and empower female executives and emerging leaders to develop their skills in effective leadership. To learn more about Christina's work, click here.

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2 Comments

2 Comments

  1. Sanath Dasanayaka

    Jul 25, 2016 at 8:30 am

    Christina, Thank you very much for the post! I found this article very inspiring. As I believe, finding the true leader in our own self should be the purpose in living, since it reveals us our true potential.

  2. Tim Denning

    Jul 14, 2016 at 7:14 pm

    Christina I’ve found that mirroring successful leaders is the fastest way to become a leader yourself. Having a mentor has been beneficial for me as well although it can be tough to choose the right person. Thanks for your post!

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Success Advice

Setting Up Your Mindset to Win: How to Achieve Success in Your Life and Career

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How did Usain Bolt become so successful? He seems superhuman, doesn’t he? Richard Branson, Steve Jobs, Paul Bocuse… all these people have something special in them. They became the stars in their niche. Have you ever wondered why? No, they do not have any superhuman capacity. They are simple people, just like you and I. They, too, had flaws. Their mindset, however, is what set them apart. If you want to win in your career and in life, generally, you need the mindset of a winner. You have to think like a true champion, so you’ll overcome your flaws and emphasize your strengths.

So how do you set the mindset to win? Here are 5 suggestions to get you started:

1. When You Can’t Achieve a Goal, Get Help

Have you heard of Paul Bocuse? He was one of the most famous chefs of his time, and he was named as the chef of the century. This is a good example of the point we’re about to make. Even the best are not almighty, they have to learn from someone. Paul Bocuse learned from another famous chef. He constantly worked to improve his skills and he learned along the way.

The lesson is: you cannot do everything on your own. This is the first thing you have to do: learn and find the right person to learn from. Are there any books by the champions of your chosen niche? Get them and read them. Can you get a mentor? Of course, you can! Start connecting with people on LinkedIn. Your alumni network is a great source of mentorship opportunities, too. Don’t be afraid to reach out and say that you want to learn from someone.   

“Don’t let the fear of losing be greater than the excitement of winning.” – Robert Kiyosaki

2. Work on Your Resilience

Here’s the most important life lesson you’ll ever learn: things don’t always go as expected. When you strive towards a particular goal, the chances of failure are real. When Usain Bolt started training, he wasn’t the fastest man on Earth. He worked towards that goal and he was resilient enough to go through all the obstacles he faced. We couldn’t possibly assume that such success came easily for him.

The journey towards a successful life is not a straight line, it’s a bumpy road full of difficulties and setbacks. The average person would give up along the way, but a champion would stay resilient. It’s the mindset that makes a true difference. The good news is that the more obstacles you overcome, the more resilient you become.

3. Focus

What do you want in your career and in your life? This is not something that can go with the flow. You cannot simply live your life one random day after another and expect great things to come your way. You have to focus on particular goals and work your way up there.

Ken Chenault, CEO of American Express, has a nice tip for everyone who wants to become successful: “Dedicate yourself to a core set of values. Without them, you will never be able to find personal fulfillment, and you will never be able to lead effectively.”

Simple and straight to the point, right? So set your goals! Find that major goal you want to achieve and break it up into smaller achievements. Then, start accomplishing things on a daily basis. You need to devote your life to achieving that goal.

4. Be Bold

Steve Jobs wasn’t focused on getting an average job, achieving average results and living an average life. He had big dreams and bold goals. All successful people have something in common at the starting point, a bold dream. Being afraid to dream big is a huge mistake. Set your imagination free! What’s the biggest thing you’d like to achieve? If you believe in yourself and you start working towards that goal one day after another, you’ll unlock your true potential. You’ll realize that not many things are impossible. You can achieve much more than you believe you’re capable of.

“If you really look closely, most overnight successes took a long time.” – Steve Jobs

5. If You Fall, Get Back Up

Have you ever wondered why Richard Branson became so successful? The answer is simple: never gave up, no matter what hardships he faced. His first company didn’t make money. The test flight of Virgin Atlantic Airlines almost crashed because of a flock of birds. Virgin Cola, his soda company, failed miserably. He almost got himself killed during his trip around the world. Richard Branson has done many things, but do you know what he never did? Give up. No matter how serious the failure was, he always found the strength to get back up on his feet and carry on with life. That’s the mindset of a champion!

Never allow yourself to get disappointed from failure. Do not fall back into average just because your big dream doesn’t seem to be working. Failure is not a big deal. It’s just part of the journey, and everyone has to face it. If you carry on, you’ll find success along the way.

So you want to be a champion? You better start working towards that goal without wasting any time. The first step is changing your mindset. Hopefully, the tips above inspired you to do that.

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3 Important Principles You Need to Know That All Billionaires Have in Common

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I’ve always been highly interested in the similarities amongst the world’s wealthiest. Their habits, successes, mindset, and failures have fascinated me. The journey to great prosperity can seem overwhelming, but if you apply success principles to any endeavor you can quickly and efficiently overcome challenges and expand.

Michael J. Gabrielli, founder of WeRunAds, has spent hundreds of hours and tens of thousands of dollars studying billionaires and their habits. Michael has also studied over 2000 different billionaires and from this experience he’s found three principles they all had in common.

Here are the 3 principles the billionaires all had in common:

1. Be in a rapid growth industry at the right time

Timing is so important. Billionaires know when the time is right to enter a market. Most billionaires do not enter first or second into a market because of the inherent risks involved. Many billionaires let the pioneers pave the way and then leverage the knowledge gained to innovate and optimize in order to create something that works.

The key is to find an industry that is soon to take off. Stepping in at the right time is important. Let’s take a real life example that is known all too well– the founder and CEO of Facebook, Mark Zuckerberg. When he entered the scene, the idea of a social network was moderately known, but it was still not quite predicted to be the monster it is today.

Others like Friendster, Myspace, etc. had made some headway into this fledgeling industry and then Facebook entered leveraging the knowledge and expertise gained from the early pioneers. Zuckerberg saw the huge potential of social networking, took what was done previously and made it better.

He is presently worth over $66 Billion and the company has surpassed the 2 billion users mark with 1.4 billion using the platform daily. Not surprisingly, many billionaires were not the first to pioneer the industry they would later find success in. They came in at the right moment, learned from the mistakes and triumphs of their predecessors, and made a lasting final product.

Here’s a practical 3 question exercise you can do to judge if you have the right timing with your current venture:

  1. Look at your industry and say—is this brand new?
  2. Am I trying to invent something that doesn’t exist?
  3. Am I too late to the party?

2. Position yourself better

In addition to finding the right industry and getting in at the right time, billionaires position themselves in the best way. They provide the solution to the need and they think outside the box to do it. Optimal positioning is a commonality amongst billionaires. For example, during the California Gold Rush, people rushed to mine for the gold itself blinded by the promise of large profits.

However, it turned out that Sam Brannan had the better idea for how to position himself for success. He knew the chances of finding gold were risky, so instead he committed to a sure thing. He manufactured the tools that were needed by all the miners to mine gold. As each new miner migrated West, they were happily met by Brannan and his company who were ready and waiting to sell these new hopefuls the shovels and tools they’d need to strike it rich.

Digging for gold seemed to be the most profitable route, however, greater returns were yielded in the supplying of materials required to mine for gold! A good company that also illustrates this concept is Microsoft. They did not seek to create their own computer, but the software that computers would run on. Most people mistakenly think they have to “go for the gold” to attain wealth, but it’s evident in history that selling the necessary tools to the gold miners can be far more profitable.

The two questions you need to ask yourself to see how you could position yourself correctly are, “What industries will need the supplies that I could provide? And, “Am I following the trend instead of innovating?

“Big shots are only little shots that keep shooting. I can see your sun rise out of obscurity. Keep shooting” – Ikechukwu Joseph

3. Take calculated risks

Most people choose the safe bet that is secure, however, this is not common among billionaires. Billionaires take big calculated risks in order to propel themselves to higher levels of influence and success. The most important thing to note here is that while to others the risks seem big—to billionaires, they are calculated.Risk and Calculated Risk are not the same. Calculated risk is measured and well-thought-out. Risk is impulsive and immeasurable. Understanding the difference between the two is a commonality among billionaires. The world’s most prominent figures have at some point in their lives disagreed with the ordinary and took a shot at the unknown. Proper calculation and clever thinking certainly accompanied the bold moves they made in their careers.

Howard Schultz, the CEO of Starbucks, is a great example of this. He had grown up in poverty and made his way out to earn a comfortable wage as an executive at a company that manufactured coffeemakers.

“Risk more than others think safe.” – Howard Schultz

He risked it all when he discovered a small coffee shop named “Starbucks” in Seattle that prompted him to quit his job and step out to create a company that was inspired by the Italian coffee culture and personal relationship people could have with their coffee.

Of the 242 people he spoke to, 217 said no to investing with him. Despite the discouragement, lack of agreement, and investment, Schultz kept pushing on. Fast forward to present time, and Starbucks’ is a massive success. Strong intuition and unshakeable belief is common among high achievers. Many successful billionaires risked their safe jobs, personal assets, and even their reputation to take calculated risks that they knew would pay off huge in the end.

The questions you need to ask yourself now are, “where can I take a calculated risk? Am I holding back when I should be going forward? What tangible steps can I take today to move forward?”

These 3 success principles are staple elements that are common among many billionaires. Now, there are more principles that you must discover and implement in order to become a billionaire. Work diligently and do all that can be done each day. Be inquisitive and study those that you wish to emulate.

Which one of these principles do you need to work on more this year? Let us know in the comments below!

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One Question You Must Answer to Ensure Personal Success

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I don’t believe in quick fixes, in get-rich-quick schemes, or any other system that guarantees instant success with only a modicum of effort. But, I do believe it’s possible to condense great strings of logical thought and intellectual algorithms into basics. I like to keep things simple! Many of my clients love the fact that I don’t overly complete things, and frankly, so do I! I like to ask simple questions whose answers can be had quickly but require some focus in obtaining the outcome.

Here’s the question I always ask: What is standing between your current reality (where you are now) and your ultimate vision (where you want to be)? Are the impediments psychological, physical, emotional or some other reason?

Until you answer what is causing the difference between your AS IS and your SHOULD BE, you will be stuck spinning your wheels in the mud and the muck of the former. This is an important question that requires a level of mental self-examination. And the answer to this question may require a lifetime of introspection. It is an important question to answer because if you know where you want to go that provides direction but examining why you are not there yet can provide momentum. (In other words, by answering the question it may get you there faster!)

“Success is not final; failure is not fatal: It is the courage to continue that counts.” – Winston S. Churchill

It’s just like following a road map. A map is useless unless you know two things, where you are, and where you want to go. What might be stopping you (or at least slowing you down) from the ultimate destination of your passion and life’s fulfilment?

I’ve asked many people about this over the years and have heard these four reasons that keep people from moving forward.

1. Lack of vision

How do you plan to get there, if you don’t know where “there” is? The most difficult undertaking in the world is to sit quietly with a blank sheet of paper and chart out your life. I know, I have many blank sheets of paper to prove it. However, I also found out that it only takes one sheet, with a few well-crafted lines of thought to give you the direction you need. But you need to start!

2. Lack of goals

So, you know where you want to go, you just don’t know how to get there. The second hardest thing in the world is to have a sheet of paper with your ultimate destination on top, and the rest blank as you ask yourself, now what or how do I get to my vision? The process of functional decomposition means breaking down the larger process into steps that are both actionable and motivational. In other words, the steps are small enough to do and you remain motivated because they are so small.

“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” – Jim Rohn

3. You don’t believe you can get there

You want to, but there is a script running through your head telling you to go home, make some chicken soup and don’t leave the house until these foolish notions of greatness are gone. Think about it, your parents never did what you are trying to do, no one in your family has ever done it, you are far too old (or too young) to do that, you don’t have the right education…your rationalizing can go on for a lifetime! Here is my suggestion when it comes to running those self-deprecating scripts: STOP IT!

4. You are lazy

You won’t admit this to yourself, but perhaps you are just plain lazy. I’ve seen it so many times; individuals majoring in minors. Performing high fun, low payoff activities instead of the low fun, high payoff activities. (And, by the way, who ever said that a high payoff activity can’t be fun? There’s that darn script again.) As a species we are inclined to take the path of least resistance, but that path may not lead us to our vision, but you must admit, we are having a great time NOT moving toward our vision! Laziness is not “doing nothing.” It’s doing the wrong thing because that’s what you want to do, and, very often, we know it’s the wrong thing to do!

There you have the four possible things that might be holding you back from the realization of your vision. Are any of them hitting home? Answer this question before you move on:

What is standing between my current reality and my ultimate vision of success?

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Success Advice

4 Character Traits Blocking Success From Entering Your Life

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Some days you wake up full of energy and ready to face the day. The challenges you gave yourself the day before seems almost too easy. However, there are also other days where you find yourself without the desire and energy to move forward. Operating from this mindset, you lose productive time, counted first in minutes, then hours. Sometimes your loss of productivity can be measured in days, weeks and months of missed opportunities.   

Since you will not wake up every day bursting with excitement, you must find a way to summon the energy necessary to pound out another story for a publication, work on your social media content plan and write new copy for your website.

To understand why you are unable to take the actions required for success, you must first identify what blocks you. You can’t overcome challenges you aren’t aware of, and this is the juncture separating those who succeed from those who don’t.

Here are the four main character defects that block success:

1. Apathy

Apathy is exhibited as a lack of concern. It shows up when you are tired or stretched too thin. Many entrepreneurs work one or more jobs while attempting to launch a business, whether online or brick and mortar. When progress can’t be seen, it is easy to stop caring and give up.

2. Procrastination

Procrastination can occur when you get up ready to give all you’ve got to your endeavor, but first you check out an episode of your favorite Netflix show while you have coffee. After eight hours of binge-watching, your productive mindset is gone which leaves you demoralized. This in turn brings you back to apathy, triggers fear and causes more procrastinating.

3. Fear

Fear is a corrosive emotion everyone struggles with, and if you are not careful, it will absolutely stop you in your tracks. Fear will say you cannot obtain your dreams. The most successful entrepreneurs and business leaders grapple with anxiety, worry and apprehension, yet you rarely see them paralyzed by their fearfulness. Like them, you can’t defeat your fear unless you identify it. With an insightful mentor, you can easily determine what you are afraid of. Once it is recognized, you’ll find the strength to walk through it.   

“Curiosity will conquer fear even more than bravery will.” – James Stephens

4. Overwhelm

Overwhelm occurs when you commit to more than you are capable of doing. Balance and giving the appropriate amount of time to all aspects of life is a tremendous challenge. Have you found yourself overwhelmed when a friend asks a favor of you while you are trying to meet a deadline at work and maintain focus on your entrepreneurial side project? Do you worry how you’ll ever find the time to get it all done? Often when this occurs, we may mentally shut down and accomplish nothing.

To counter the deficits listed above, you must identify, then develop the opposite, positive traits necessary for success. It’s important to understand the “why” of each attribute because only then can you fully tap into the power they offer to help you accomplish your goals.

Here are the four traits to counter the above traits with:

1. Purpose

Purpose gives voice to why you are alive. It tells you and others what you are working toward and why. Living out your purpose is the single greatest weapon against apathy. Knowing your purpose gives you a standard with which you can measure your progress. It motivates you to think, act and ultimately, to succeed.

2. Action

Action is the opposite of procrastination. When your effort is focused on achieving an objective, action propels you forward. Breaking a large project down into small, manageable steps, you’ll gain the needed traction to successfully reach your goal!

3. Courage

Courage is built by first facing, then walking through your fears. Courage gives you strength to do what you think is impossible. Developing a relationship with a mentor, someone willing to tell you the truth about what they see, is crucial to success in this area. With help, you can first identify, then make the adjustments necessary to identify and release the fear blocking you.

“Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston S. Churchill

4. Focus

Focus is the final attribute. What you give your attention to is the single most important factor influencing your success. You become what you focus on. When you focus on your purpose, take the necessary actions and develop the courage to bust through, you win!

This is not an all-inclusive list, it’s simply a starting point. As you tackle and overcome your grosser defects, the subtler ones will begin to surface. Slowly, with help from your trusted mentor, you will work and grow through these challenges.  

As you become stronger, you’ll be able to withstand additional demands. You meet them head-on with the new skill set you’ll develop as you let your old ones go. You will be more effective, positive and energetic along with ready to take any action necessary. You are a winner!

Which one of the character traits above do you need to focus on most in order to achieve success? Let us know in the comments below!

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Setting Up Your Mindset to Win: How to Achieve Success in Your Life and Career

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How did Usain Bolt become so successful? He seems superhuman, doesn’t he? Richard Branson, Steve Jobs, Paul Bocuse… all these people have something special in them. They became the stars in their niche. Have you ever wondered why? No, they do not have any superhuman capacity. They are simple people, just like you and I. They, too, had flaws. Their mindset, however, is what set them apart. If you want to win in your career and in life, generally, you need the mindset of a winner. You have to think like a true champion, so you’ll overcome your flaws and emphasize your strengths. (more…)

Warren Fowler is a marketing enthusiast and a blogger at UKBestEssays.com, who loves music. If he doesn’t have a guitar in his hands, he’s probably embracing new technologies and marketing techniques online! You can meet him on Twitter and Facebook.

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2 Comments

2 Comments

  1. Sanath Dasanayaka

    Jul 25, 2016 at 8:30 am

    Christina, Thank you very much for the post! I found this article very inspiring. As I believe, finding the true leader in our own self should be the purpose in living, since it reveals us our true potential.

  2. Tim Denning

    Jul 14, 2016 at 7:14 pm

    Christina I’ve found that mirroring successful leaders is the fastest way to become a leader yourself. Having a mentor has been beneficial for me as well although it can be tough to choose the right person. Thanks for your post!

Leave a Reply

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

Success Advice

Setting Up Your Mindset to Win: How to Achieve Success in Your Life and Career

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mindset
Image Credit: Twenty20.com

How did Usain Bolt become so successful? He seems superhuman, doesn’t he? Richard Branson, Steve Jobs, Paul Bocuse… all these people have something special in them. They became the stars in their niche. Have you ever wondered why? No, they do not have any superhuman capacity. They are simple people, just like you and I. They, too, had flaws. Their mindset, however, is what set them apart. If you want to win in your career and in life, generally, you need the mindset of a winner. You have to think like a true champion, so you’ll overcome your flaws and emphasize your strengths.

So how do you set the mindset to win? Here are 5 suggestions to get you started:

1. When You Can’t Achieve a Goal, Get Help

Have you heard of Paul Bocuse? He was one of the most famous chefs of his time, and he was named as the chef of the century. This is a good example of the point we’re about to make. Even the best are not almighty, they have to learn from someone. Paul Bocuse learned from another famous chef. He constantly worked to improve his skills and he learned along the way.

The lesson is: you cannot do everything on your own. This is the first thing you have to do: learn and find the right person to learn from. Are there any books by the champions of your chosen niche? Get them and read them. Can you get a mentor? Of course, you can! Start connecting with people on LinkedIn. Your alumni network is a great source of mentorship opportunities, too. Don’t be afraid to reach out and say that you want to learn from someone.   

“Don’t let the fear of losing be greater than the excitement of winning.” – Robert Kiyosaki

2. Work on Your Resilience

Here’s the most important life lesson you’ll ever learn: things don’t always go as expected. When you strive towards a particular goal, the chances of failure are real. When Usain Bolt started training, he wasn’t the fastest man on Earth. He worked towards that goal and he was resilient enough to go through all the obstacles he faced. We couldn’t possibly assume that such success came easily for him.

The journey towards a successful life is not a straight line, it’s a bumpy road full of difficulties and setbacks. The average person would give up along the way, but a champion would stay resilient. It’s the mindset that makes a true difference. The good news is that the more obstacles you overcome, the more resilient you become.

3. Focus

What do you want in your career and in your life? This is not something that can go with the flow. You cannot simply live your life one random day after another and expect great things to come your way. You have to focus on particular goals and work your way up there.

Ken Chenault, CEO of American Express, has a nice tip for everyone who wants to become successful: “Dedicate yourself to a core set of values. Without them, you will never be able to find personal fulfillment, and you will never be able to lead effectively.”

Simple and straight to the point, right? So set your goals! Find that major goal you want to achieve and break it up into smaller achievements. Then, start accomplishing things on a daily basis. You need to devote your life to achieving that goal.

4. Be Bold

Steve Jobs wasn’t focused on getting an average job, achieving average results and living an average life. He had big dreams and bold goals. All successful people have something in common at the starting point, a bold dream. Being afraid to dream big is a huge mistake. Set your imagination free! What’s the biggest thing you’d like to achieve? If you believe in yourself and you start working towards that goal one day after another, you’ll unlock your true potential. You’ll realize that not many things are impossible. You can achieve much more than you believe you’re capable of.

“If you really look closely, most overnight successes took a long time.” – Steve Jobs

5. If You Fall, Get Back Up

Have you ever wondered why Richard Branson became so successful? The answer is simple: never gave up, no matter what hardships he faced. His first company didn’t make money. The test flight of Virgin Atlantic Airlines almost crashed because of a flock of birds. Virgin Cola, his soda company, failed miserably. He almost got himself killed during his trip around the world. Richard Branson has done many things, but do you know what he never did? Give up. No matter how serious the failure was, he always found the strength to get back up on his feet and carry on with life. That’s the mindset of a champion!

Never allow yourself to get disappointed from failure. Do not fall back into average just because your big dream doesn’t seem to be working. Failure is not a big deal. It’s just part of the journey, and everyone has to face it. If you carry on, you’ll find success along the way.

So you want to be a champion? You better start working towards that goal without wasting any time. The first step is changing your mindset. Hopefully, the tips above inspired you to do that.

Image courtesy of Twenty20.com

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Success Advice

3 Important Principles You Need to Know That All Billionaires Have in Common

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billionaires
Image Credit: Twenty20.com

I’ve always been highly interested in the similarities amongst the world’s wealthiest. Their habits, successes, mindset, and failures have fascinated me. The journey to great prosperity can seem overwhelming, but if you apply success principles to any endeavor you can quickly and efficiently overcome challenges and expand.

Michael J. Gabrielli, founder of WeRunAds, has spent hundreds of hours and tens of thousands of dollars studying billionaires and their habits. Michael has also studied over 2000 different billionaires and from this experience he’s found three principles they all had in common.

Here are the 3 principles the billionaires all had in common:

1. Be in a rapid growth industry at the right time

Timing is so important. Billionaires know when the time is right to enter a market. Most billionaires do not enter first or second into a market because of the inherent risks involved. Many billionaires let the pioneers pave the way and then leverage the knowledge gained to innovate and optimize in order to create something that works.

The key is to find an industry that is soon to take off. Stepping in at the right time is important. Let’s take a real life example that is known all too well– the founder and CEO of Facebook, Mark Zuckerberg. When he entered the scene, the idea of a social network was moderately known, but it was still not quite predicted to be the monster it is today.

Others like Friendster, Myspace, etc. had made some headway into this fledgeling industry and then Facebook entered leveraging the knowledge and expertise gained from the early pioneers. Zuckerberg saw the huge potential of social networking, took what was done previously and made it better.

He is presently worth over $66 Billion and the company has surpassed the 2 billion users mark with 1.4 billion using the platform daily. Not surprisingly, many billionaires were not the first to pioneer the industry they would later find success in. They came in at the right moment, learned from the mistakes and triumphs of their predecessors, and made a lasting final product.

Here’s a practical 3 question exercise you can do to judge if you have the right timing with your current venture:

  1. Look at your industry and say—is this brand new?
  2. Am I trying to invent something that doesn’t exist?
  3. Am I too late to the party?

2. Position yourself better

In addition to finding the right industry and getting in at the right time, billionaires position themselves in the best way. They provide the solution to the need and they think outside the box to do it. Optimal positioning is a commonality amongst billionaires. For example, during the California Gold Rush, people rushed to mine for the gold itself blinded by the promise of large profits.

However, it turned out that Sam Brannan had the better idea for how to position himself for success. He knew the chances of finding gold were risky, so instead he committed to a sure thing. He manufactured the tools that were needed by all the miners to mine gold. As each new miner migrated West, they were happily met by Brannan and his company who were ready and waiting to sell these new hopefuls the shovels and tools they’d need to strike it rich.

Digging for gold seemed to be the most profitable route, however, greater returns were yielded in the supplying of materials required to mine for gold! A good company that also illustrates this concept is Microsoft. They did not seek to create their own computer, but the software that computers would run on. Most people mistakenly think they have to “go for the gold” to attain wealth, but it’s evident in history that selling the necessary tools to the gold miners can be far more profitable.

The two questions you need to ask yourself to see how you could position yourself correctly are, “What industries will need the supplies that I could provide? And, “Am I following the trend instead of innovating?

“Big shots are only little shots that keep shooting. I can see your sun rise out of obscurity. Keep shooting” – Ikechukwu Joseph

3. Take calculated risks

Most people choose the safe bet that is secure, however, this is not common among billionaires. Billionaires take big calculated risks in order to propel themselves to higher levels of influence and success. The most important thing to note here is that while to others the risks seem big—to billionaires, they are calculated.Risk and Calculated Risk are not the same. Calculated risk is measured and well-thought-out. Risk is impulsive and immeasurable. Understanding the difference between the two is a commonality among billionaires. The world’s most prominent figures have at some point in their lives disagreed with the ordinary and took a shot at the unknown. Proper calculation and clever thinking certainly accompanied the bold moves they made in their careers.

Howard Schultz, the CEO of Starbucks, is a great example of this. He had grown up in poverty and made his way out to earn a comfortable wage as an executive at a company that manufactured coffeemakers.

“Risk more than others think safe.” – Howard Schultz

He risked it all when he discovered a small coffee shop named “Starbucks” in Seattle that prompted him to quit his job and step out to create a company that was inspired by the Italian coffee culture and personal relationship people could have with their coffee.

Of the 242 people he spoke to, 217 said no to investing with him. Despite the discouragement, lack of agreement, and investment, Schultz kept pushing on. Fast forward to present time, and Starbucks’ is a massive success. Strong intuition and unshakeable belief is common among high achievers. Many successful billionaires risked their safe jobs, personal assets, and even their reputation to take calculated risks that they knew would pay off huge in the end.

The questions you need to ask yourself now are, “where can I take a calculated risk? Am I holding back when I should be going forward? What tangible steps can I take today to move forward?”

These 3 success principles are staple elements that are common among many billionaires. Now, there are more principles that you must discover and implement in order to become a billionaire. Work diligently and do all that can be done each day. Be inquisitive and study those that you wish to emulate.

Which one of these principles do you need to work on more this year? Let us know in the comments below!

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One Question You Must Answer to Ensure Personal Success

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I don’t believe in quick fixes, in get-rich-quick schemes, or any other system that guarantees instant success with only a modicum of effort. But, I do believe it’s possible to condense great strings of logical thought and intellectual algorithms into basics. I like to keep things simple! Many of my clients love the fact that I don’t overly complete things, and frankly, so do I! I like to ask simple questions whose answers can be had quickly but require some focus in obtaining the outcome.

Here’s the question I always ask: What is standing between your current reality (where you are now) and your ultimate vision (where you want to be)? Are the impediments psychological, physical, emotional or some other reason?

Until you answer what is causing the difference between your AS IS and your SHOULD BE, you will be stuck spinning your wheels in the mud and the muck of the former. This is an important question that requires a level of mental self-examination. And the answer to this question may require a lifetime of introspection. It is an important question to answer because if you know where you want to go that provides direction but examining why you are not there yet can provide momentum. (In other words, by answering the question it may get you there faster!)

“Success is not final; failure is not fatal: It is the courage to continue that counts.” – Winston S. Churchill

It’s just like following a road map. A map is useless unless you know two things, where you are, and where you want to go. What might be stopping you (or at least slowing you down) from the ultimate destination of your passion and life’s fulfilment?

I’ve asked many people about this over the years and have heard these four reasons that keep people from moving forward.

1. Lack of vision

How do you plan to get there, if you don’t know where “there” is? The most difficult undertaking in the world is to sit quietly with a blank sheet of paper and chart out your life. I know, I have many blank sheets of paper to prove it. However, I also found out that it only takes one sheet, with a few well-crafted lines of thought to give you the direction you need. But you need to start!

2. Lack of goals

So, you know where you want to go, you just don’t know how to get there. The second hardest thing in the world is to have a sheet of paper with your ultimate destination on top, and the rest blank as you ask yourself, now what or how do I get to my vision? The process of functional decomposition means breaking down the larger process into steps that are both actionable and motivational. In other words, the steps are small enough to do and you remain motivated because they are so small.

“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” – Jim Rohn

3. You don’t believe you can get there

You want to, but there is a script running through your head telling you to go home, make some chicken soup and don’t leave the house until these foolish notions of greatness are gone. Think about it, your parents never did what you are trying to do, no one in your family has ever done it, you are far too old (or too young) to do that, you don’t have the right education…your rationalizing can go on for a lifetime! Here is my suggestion when it comes to running those self-deprecating scripts: STOP IT!

4. You are lazy

You won’t admit this to yourself, but perhaps you are just plain lazy. I’ve seen it so many times; individuals majoring in minors. Performing high fun, low payoff activities instead of the low fun, high payoff activities. (And, by the way, who ever said that a high payoff activity can’t be fun? There’s that darn script again.) As a species we are inclined to take the path of least resistance, but that path may not lead us to our vision, but you must admit, we are having a great time NOT moving toward our vision! Laziness is not “doing nothing.” It’s doing the wrong thing because that’s what you want to do, and, very often, we know it’s the wrong thing to do!

There you have the four possible things that might be holding you back from the realization of your vision. Are any of them hitting home? Answer this question before you move on:

What is standing between my current reality and my ultimate vision of success?

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4 Character Traits Blocking Success From Entering Your Life

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Some days you wake up full of energy and ready to face the day. The challenges you gave yourself the day before seems almost too easy. However, there are also other days where you find yourself without the desire and energy to move forward. Operating from this mindset, you lose productive time, counted first in minutes, then hours. Sometimes your loss of productivity can be measured in days, weeks and months of missed opportunities.   

Since you will not wake up every day bursting with excitement, you must find a way to summon the energy necessary to pound out another story for a publication, work on your social media content plan and write new copy for your website.

To understand why you are unable to take the actions required for success, you must first identify what blocks you. You can’t overcome challenges you aren’t aware of, and this is the juncture separating those who succeed from those who don’t.

Here are the four main character defects that block success:

1. Apathy

Apathy is exhibited as a lack of concern. It shows up when you are tired or stretched too thin. Many entrepreneurs work one or more jobs while attempting to launch a business, whether online or brick and mortar. When progress can’t be seen, it is easy to stop caring and give up.

2. Procrastination

Procrastination can occur when you get up ready to give all you’ve got to your endeavor, but first you check out an episode of your favorite Netflix show while you have coffee. After eight hours of binge-watching, your productive mindset is gone which leaves you demoralized. This in turn brings you back to apathy, triggers fear and causes more procrastinating.

3. Fear

Fear is a corrosive emotion everyone struggles with, and if you are not careful, it will absolutely stop you in your tracks. Fear will say you cannot obtain your dreams. The most successful entrepreneurs and business leaders grapple with anxiety, worry and apprehension, yet you rarely see them paralyzed by their fearfulness. Like them, you can’t defeat your fear unless you identify it. With an insightful mentor, you can easily determine what you are afraid of. Once it is recognized, you’ll find the strength to walk through it.   

“Curiosity will conquer fear even more than bravery will.” – James Stephens

4. Overwhelm

Overwhelm occurs when you commit to more than you are capable of doing. Balance and giving the appropriate amount of time to all aspects of life is a tremendous challenge. Have you found yourself overwhelmed when a friend asks a favor of you while you are trying to meet a deadline at work and maintain focus on your entrepreneurial side project? Do you worry how you’ll ever find the time to get it all done? Often when this occurs, we may mentally shut down and accomplish nothing.

To counter the deficits listed above, you must identify, then develop the opposite, positive traits necessary for success. It’s important to understand the “why” of each attribute because only then can you fully tap into the power they offer to help you accomplish your goals.

Here are the four traits to counter the above traits with:

1. Purpose

Purpose gives voice to why you are alive. It tells you and others what you are working toward and why. Living out your purpose is the single greatest weapon against apathy. Knowing your purpose gives you a standard with which you can measure your progress. It motivates you to think, act and ultimately, to succeed.

2. Action

Action is the opposite of procrastination. When your effort is focused on achieving an objective, action propels you forward. Breaking a large project down into small, manageable steps, you’ll gain the needed traction to successfully reach your goal!

3. Courage

Courage is built by first facing, then walking through your fears. Courage gives you strength to do what you think is impossible. Developing a relationship with a mentor, someone willing to tell you the truth about what they see, is crucial to success in this area. With help, you can first identify, then make the adjustments necessary to identify and release the fear blocking you.

“Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston S. Churchill

4. Focus

Focus is the final attribute. What you give your attention to is the single most important factor influencing your success. You become what you focus on. When you focus on your purpose, take the necessary actions and develop the courage to bust through, you win!

This is not an all-inclusive list, it’s simply a starting point. As you tackle and overcome your grosser defects, the subtler ones will begin to surface. Slowly, with help from your trusted mentor, you will work and grow through these challenges.  

As you become stronger, you’ll be able to withstand additional demands. You meet them head-on with the new skill set you’ll develop as you let your old ones go. You will be more effective, positive and energetic along with ready to take any action necessary. You are a winner!

Which one of the character traits above do you need to focus on most in order to achieve success? Let us know in the comments below!

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