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5 Counterintuitive Ways To Succeed In Business

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5 Counterintuitive Ways To Succeed In Business

Ask people what qualities, abilities, and habits successful business leaders have and most of the responses you get would likely include thoughts about hustle, drive, hard work, intelligence, and focus. These are all admirable, and stereotypes usually exist for a reason, but the common wisdom about success is often tilted toward what is loud, flashy, and noticeable, because that’s what sells books, TV shows, and magazines. Don’t be fooled, many of the most successful people in business defy the stereotypes. Develop these skills, attributes, and habits and you’ll find yourself more successful not just in business, but in life.

Here are five counterintuitive ways to succeed in business

1Work less

I ran my business for four years without getting a dime out of it. During the same time I piled up hundreds of thousands of dollars of debt. I then made one change that resulted in me getting paid a decent salary and paying off $10,000 to $20,000 per month in debt. What was it that made the difference? I made a rule to quit work at 5 pm and not work weekends. You might think my success was the result of all the hard work I had put in for those four years, but if I hadn’t started working less I still wouldn’t be getting paid.

When I had no limit to the hours I worked I made poor decisions about how to use my time. After all, I had all the time in the world to figure things out, right? Once I created an artificial limit for my time, I had to prioritize. I had to figure out what was worth my time and what wasn’t, because there wasn’t time to do it all like there was before. Making better decisions meant I could do more with 40 hours than I previously did with 90.

It’s not just me. A study at Stanford University discovered that people who work 70 hours per week aren’t any more productive than those who work just 55 hour per week. Work less by creating boundaries for your time and watch your productivity soar.

 

2. Be humble

Great business leaders are egocentric, driven, and have a no-holds barred attitude, right? The truth is almost the opposite. In his business classic Good to Great author Jim Collins found that “Level 5 leaders,” or those leaders who drove the most value for their companies, blended humility, will, and ferocious resolve. They had a tendency to give credit to others while assigning blame to themselves.

Humility doesn’t mean putting yourself down and thinking you’re a terrible person, it means seeing things as they truly are, without filters. The more accurate your observations are, the better equipped you are to make intelligent choices. When you drop the ego, you become teachable, which means you can increase your intelligence and ability to succeed.

“Selflessness is humility. Humility and freedom go hand in hand. Only a humble person can be free.” – Jeff Wilson

3. Develop empathy

I’m wrapping up work on my book Chief Marketing Officers at Work: How Top Marketers Build Customer Loyalty. The book contains 30 interviews with CMOs from brands like Target, PayPal, Spotify, The Home Depot, and GE. As I’ve asked these successful marketers what they look for in those they hire, the word “empathy” has come up over and over again.

Successful marketers have a keen understanding of their customers that helps them craft marketing campaigns that work. The CMO role is increasingly a stepping stone toward becoming CEO. Could empathy be just as important for all executives as it is for the marketing department?

 

4. Put exercise above career

Exercise clears the mind, much like meditation, allowing you think more clearly. It helps you feel better about yourself, boosting your self confidence. Excellence in one area of life impacts all other areas. If you’re not taking care of your body and mind you’re hurting your ability to be successful in every other part of your life.

Yes, it’s hard for a success-driven individual to make time to exercise. That’s why exercise needs to come first. Don’t have time? See “Work less” above.

 

5. Be generous

In their best selling book, The Go-Giver: A Little Story About a Powerful Business Idea, authors Bob Burg and John David Mann use a fictional story to illustrate a true principle–those who give a lot of value, get a lot in return. They share five “laws” for achieving success in business:

  1. Value: Your worth, professionally speaking, is determined by how much more you give in value than what you take in payment.
  2. Compensation: How much you get paid is a result of how many people you serve and how well you serve them.
  3. Influence: Your influence grows as you place other people’s needs first.
  4. Authenticity: It’s difficult to provide great value if you have no passion for your work. Successful people are genuinely excited about what they do, get excited about what they do, or they find something else to do. They don’t fake it.
  5. Receptivity: If you don’t know how to comfortably receive from others, you don’t understand how to give value effectively.

The value of a man resides in what he gives and not in what he is capable of receiving.” —Albert Einstein

The real key of the book is to not focus on money or your own success. Instead, focus on others and the value you can provide to them. If you provide great value, money and success will take care of themselves. If you don’t believe it, try it for a month and see what happens.

What counterintuitive ways have you found successful? Tell us in the comments section below!

Josh Steimle is a speaker, writer, and entrepreneur. He is the CEO of MWI, a digital marketing agency with offices in the U.S. and Hong Kong. Follow him @joshsteimle or on his blog at joshsteimle.com.

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How Your Friends Determine Whether You Succeed or Not

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Can anyone do without having friends? We all have our friends, we share ideas with them, talk together, have fun, and fight. Yes, that’s the baseline of friendship. But, do you know that aside from you, your friends can determine whether you achieve success or not?

There are two things in friendship which are the ability to ”love” and the ability to “influence”. This means you are loved and you are influenced. How do your friends affect your success in life? How are they one of the biggest deciding factors of your success? Let’s find out.

What type of friends do you keep? 

First, what type of friends do you keep? Who do you call your best friend? There are two different kinds of friends, good friends, and bad ones. A lot of people have lost their pathway to success and some have also found their road to success all because of the friends they keep, the people they mingle with. 

Who is your best friend? Answer carefully. Having a best friend means you find each other compatible and understanding. Analyze who your best friend is. If your best friend has not motivated you to do something positive, if who you call your bestie has never given you positive advice, lastly if your best friend has never informed and advised you on your shortcomings, then you don’t have a best friend.

This quote tells us “birds of the same feather flock together”. Countless people have changed from their good nature into a bad one all because of friends. One thing to note is, “negative people move with negative aura”. If your best friend is filled with negativity inside-out then you will surely be affected by his/her negative aura.

They influence your success with positivity or negativity 

The friends you keep can either influence you with positivity or negativity because your friends have the power to change your kind of person completely. 

This is how your friends influence you:

  1. They influence you indirectly with what they do
  2. They influence you directly by teaching and giving you advice 

Yes, that is how they influence you. For instance, you watch a movie and you like the way the actor walks. The question is if you truly like the way the actor walks, won’t you try to imitate the actor? Of course, you will.

Just the way you imitate the actor is the same way your friends can influence you with their character. However, the funny part is, they don’t have to teach you to do things like them. You just find yourself imitating and copying them gradually.

An important question to ask is, are you imitating a good friend or a bad one? If you imitate a good friend then you will be good, but if you imitate a bad person, you will surely become a bad person.

Everyone wants to succeed, a good friend will always teach, enlighten, and motivate you for success. A bad friend will only motivate you to do evil things (smoking, drinking, fight, envy,).

And you should know that things like that are a great enemy of success and even of God. So, if you have these bad elements in your life, how will you achieve success? There is no way!

And also, they can teach and advise you directly. But, what do your friends teach you? When you ask them for advice do they inspire you positively or teach you the bad stuff.? A lot of people have regretted lifelong decisions just by listening to the advice of friends. 

The company you keep has the power to influence and change you. Never forget that a positive influence will teach, motivate, and brush you up for success. While a negative influence will inspire you to become a bad person, change your good nature, and leave you with regrets in the end.

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The 3 Step Process to Building a Profitable Pitch

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As a communication coach, one of the top questions entrepreneurs ask me is how to deliver a winning pitch to potential investors. They want to know if there’s a magic formula to get an investor to say yes and buy into their dream and their business. (more…)

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The 4 Pillars of Wealth and Abundance

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Have you ever wondered what the formula for a wealthy and abundant life is? Many people have. Lots has been written about the subject of wealth creation and living an abundant life. It was a breaking point in my journey and pursuit of success when I found out that there is a clear path to achieve success in life. Thanks to those who have shared their journey, we can clearly see and follow the principles of prosperity. (more…)

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Here Are 4 Reasons Why You Should Have a Podcast, Youtube Channel or Online Show

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why you should have a podcast
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Confidence comes from a place of strong understanding of self. After close to three years on radio, I’ve grown from a shy introvert to a shy introvert with an extrovert persona. When the mic is turned on, I can channel a version of myself that some say is attractive, strong, and of course, confident but it wasn’t always this way.

What I want to share with you is what I discovered on this journey into broadcast that you can apply to your life, your ventures, and your personal development. This doesn’t require any fancy gear. It does require a leap of faith on your part because once you go down the road of media; it can change your life.

1. Perceived Expertise

When you go to a doctor, you expect their knowledge will guide them to a solution to your problems. When you have a show, you become your listeners’ doctor. For all the multiple thousands, maybe millions, of YouTube channels, podcasts, and user-created content in the world, each person that gets behind a mic takes a position on their passion, their opinions, and their themes.

They challenge the status quo for the benefit of their listeners in hopes to entertain and educate. With consistency on your side, those fans place you on a platform and give you permission to influence them.

2. Global Acknowledgement

One of the benefits to increasing confidence is when you receive thank you notes from people you may never meet. The feeling of enriching someone’s life from halfway around the globe, provides validation you’re enhancing someone else’s life with your wisdom and your wit.

The very first time I was told I was making a difference in someone’s life in a country other than my own, I felt like I caused massive impact that transcends my circle of influence. When you experience just how much you can cause impact and it comes back to you, it’ll change your worldview.

“Be grateful for what you have and stop complaining – it bores everybody else, does you no good, and doesn’t solve any problems.” – Zig Ziglar

3. Backed By Numbers

One of the most exciting ways to measure success is to quantify your growth. It’s not enough to just broadcast. Having subscribers and downloads helps to know, numerically, how well you’re doing. Word of caution. This can be a way to set yourself up for distress because of number envy but if you understand what the numbers mean; you can control the narrative of the numbers.

The major number that makes most people smile is 10,000. I’d advise it to be 1. Here’s why. As you grow in your industry, so does your reach. If you learned that the one person that subscribed totally changed for the better because of you, wouldn’t that be worth the effort?

4. Effective Communication

While it’s not talked about much, having a show is documentation. You create a dynamic account of your life, your industry, and the pulse on what’s important simply by having a show. When you find a channel to improve your communication skills, you demand attention and people will listen to you. You become more trusted as a leader and people will follow you once they believe you can lead them to their wants and needs.

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” – Tony Robbins

These insights have helped many people become leaders and, ultimately, move others to their best selves. It’s worked for me and I hope it works for you. At the end of the day, it’s all about showing up and showing out.

Have you ever thought about having a radio show? If so, what would you talk about? Let us below!

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