Ask me who I view as the most entertaining entrepreneur around and I don’t have to think twice about it.
I love watching this guy surveil and engage at Maverick games, on Shark Tank, at celebrity events and motivational seminars—wherever. Even with that “made for the Mafia” scowl of his, he’s all passion and charisma. A cheetah-quick mind; wit as dry as breakfast cereal before the milk. And the transparency of a junkyard dog about what he thinks. He’ll tell anybody who’ll listen that they can replace him as “the world’s luckiest man” and then warn you that he’ll fight to keep the title because he loves the competition.
So what if this Mark Cuban came to me and said, “I’m ready to take competing to a new level. What comes next?”
I would tell him this:
The idea of competing is in big, big trouble. And people who think like a shark are mainly the reason why. Cheating is all too commonplace and too seldom punished. And the playing field available to everyone else is getting smaller and more uneven. Today’s avaricious, power-hungry sharks are getting bigger and bigger. Anyone who gets in their way is seen as bait fish. And each of them wants to be the last shark swimming—to at last have everything for themselves.
But, you ask, isn’t this the way the great Scottish economist Adam Smith and the other framers of free enterprise intended competition to be?
And isn’t this the best way to get the creative “churn” that fuels innovation and keeps the system, the organization and the individual dynamic and questing and fresh—at the top of their game?
Unfortunately, it isn’t.
If you want to take competition to the next level, Mark, my advice is this: I think you ought to give up thinking like a shark altogether and start thinking like a dolphin. Why? So you can see and understand competition in a much different light.
You will begin to realize that competition’s role in free societies is much greater than simply helping to keep the pots of commerce and technological innovation fresh and bubbling.
In its most important sense, competition is what We, the People, use to compensate for the fact that much of the time this brain of ours is wildly inadequate for determining the most suitable actions we can take to assure ourselves a viable future.
That’s because our brain is constantly cherry-picking the evidence and dismissing anything that doesn’t fit our preferred personal story line. The experts have given the name “brain biases” to these subjective processes in our heads. Wikipedia describes several hundred of them. Without us even realizing it, our brain is ceaselessly distorting reality, trying to make it to fit our beliefs and prejudices and automatic (sub-conscious) cognitive processes.
But even before psychologists and neuroscientists began to realize just how big this problem is, some very bright people had already sensed the danger.
That’s why we’ve set up one institution after another in the past three centuries where you and I can argue about what is true and right, what is smart and needed. Can argue tooth and toenail, with fur flying. We call these “arenas of competition” marketplaces and democratic governments and law-based judicial systems and scientific laboratories.
So don’t think of human competition just as a sporting business, Mark. (I know you’ve even used that idea as a book title.) Instead, think of it as the greatest incubator of human improvement ever devised. Viewed this way, competing becomes a sacred trust. The idea and the ideal must be protected at all costs. And the means to compete must be kept vibrant, accountable and as fair as possible.
Some years ago, I began to sense that protecting the ability to compete in rapid-change times was going to require at least some human brains to rise to the occasion—to, indeed, move on to the next level. Their brains were literally going to have to experience a “rapture of the neurons” and wire themselves differently.
You can imagine my delight at discovering research like that of the late American psychologist Dr. Clare W. Graves indicating just such a phenomenon was already under way. Vibrant new world-views—systems of beliefs—were a’borning in inquisitive, changing brains. They were the product of a vigorous competition within the brain itself that our best researchers into the mind are still struggling to understand.
For years now, I’ve called the new brain-view I like best “the dolphin mind.” (Why? Because I’ve always liked aquatic metaphors—and what’s not to like about the ocean’s innovative, big-brained, sleeps-with-one-eye-open dolphin?)
When the human “dolphin” competes, it’s for the purpose of determining whose ideas are right and whose aren’t, not seeing who can destroy the other the quickest or capture the biggest slice of the pie.
Dolphins are mobilized and motivated by a fiercely pragmatic, diamond-bit-ended search for what works, what’s possible, what makes sense. And this, in itself, can make them formidable competitors.
Even when competing, dolphins tend to tell the truth as they understand it. This is because they believe truth-telling is the most effective way to avoid wasting time, energy and resources on useless, unproductive drama. Also, they believe that this is the straightest route to, and the quickest mechanism for, being trusted and being able to trust.
Dolphins like to win. But they don’t need for you to lose unless you insist on it. If there is little at stake or if they can learn something significant in doing so or if it can make important things happen, they aren’t opposed to losing either.
If dolphins have a trademark rule it is “First things now.” Relentlessly pragmatic, dolphins almost always act on “the big picture” and do it quickly. But if it helps to find the next right, smart, good thing or move, they are also capable of focusing on the smallest details.
Dolphins don’t care where good ideas come from. And they are always open to alliances and collaborations that work and make good things happen.
Dolphins are willing to retaliate to get their point across, counteract unfairness or sweep aside the obstinate, the ridiculous or the superfluous. But they don’t do so recklessly. They understand—as psychologist Jonathan Haidt has observed—“order is really hard to achieve. It’s really precious, and it’s really easy to lose.”
So, Mark, that’s what I see ahead for competition’s next generation of leaders.
It’s going to take lots and lots of Enlightenment-loving dolphins. They are going to need to do everything they can think of to protect our ability to compete. To test our best ideas and efforts vigorously but accountably. And to make sure that everyone who wants to participate gets to play on a level field using rules that are fairly enforced and methods that flag and contain the cheats.
Your leadership is vitally needed to protect the sacred trust that we’ve used to build the most productive societies in the history of civilization. So, first things now! It’s time to make the leap to the next level of competing!
6 Important Things to Consider When Choosing an Investor
Angel investment is one of the preferred options for starting up your business. Angel investors are successful businessmen, investing their own funds into a potentially rewarding business opportunity. As an entrepreneur, it is crucial for you to choose an investor that can fulfil your specific business needs.
The right investors can add value to your startup, far beyond the capital they bring to your business. You need to be careful in selecting the investors because seed investing is an early stage investment requiring particular skills and experience.
Here are the six important things to consider when screening and choosing the right angel investor for your company:
You should choose investors who have the experience of building, running, or helping startups in the past. They should have a proven record of investing in startups that have been successful in their endeavors. More than their money, their experience is vital, which makes them an invaluable advisor.
Your angel investors should have experience in the same business domain and in-depth knowledge of your industry. If they have achieved success in other domains or industries, they may give opinions on how to grow your business that aren’t applicable in your field. With the requisite experience, they can guide your business through the difficult start-up phase.
Your angel investor should be trustworthy who can keep your company’s confidential information safe without creating problems for you by using that information against you. It is important to choose an investor who gives you not only monetary assistance but also the right guidance and knowledge. A good angel investor is the one who invests in your team along with your business.
3. Risk Taking
The success of your business venture cannot be guaranteed as there are many potential risks that can lead to its failure despite a brilliant idea. It is vital to find an angel investor who is willing to take calculated risks on a rational basis rather than emotional considerations. They shouldn’t be overconfident and they should think differently from the crowd and be willing to learn from mistakes to keep your company going in the right direction.
Angel investors who have been a successful entrepreneur can be very helpful to your business. They have it all to guide and support you to develop a successful business and overcome the challenges that your company can face in the initial stage.
Good business angels are very supportive, helping you in problematic situations. They act as a mentor for you to help you achieve your goals by constantly coaching you and supporting you at every step. They provide time and empathy during your tough times.
These investors have an idea about the highs and lows a new business has to go through before it succeeds. They can give you emotional motivation and help you with their expertise and involvement, ensuring success. They will encourage and challenge you at every step of the way and offer you advice when needed to make you grow as an entrepreneur.
Before you choose an angel investor for your business, you have to ensure that they have realistic expectations about the timeline of the growth of your company and when you achieve your goals. They should even have realistic expectations about how profitable your company will be in the long-term.
Too high expectations can put pressure on your business and make you take risks that can get you off track and not be good for building long-term value of your business. You should select investors who demonstrate flexibility and have reasonable expectations around reporting, communication, and goal-setting.
Angel investors should be patient enough to understand that it takes time to earn profit. They should have the quality of thinking long term and visualizing the bigger picture of your company’s future. Your business angels should be calm and relaxed, and not be the ones who panic and fear to take challenges. It is crucial for them to understand that startups go through highs and lows, and there’s high competition. A good angel investor will remain calm and accept the fact that all new businesses have to struggle in the initial years before they become stable.
When assessing angel investors, you will have to ask them questions about their prior investments, what their expectations are and how much involvement they will take in your business, among other things. You will have to find investors that have the same domain expertise and portfolio companies related to yours.
By considering the above-mentioned points, you will be able to evaluate whether you and the angel investors are aligned and if it is feasible to have a partnership with them in the long-term. Take the help of your network to find the right investors with requisite skills, experience, and funding capacity to get your business global. So, use your due diligence and get the best angel investors on-board!
3 Reasons Why Getting Clear Is Important for Your Business
Everyone goes through times in their lives where blue skies and sunshine are a rarity. Too many clouds and storms, whether they involve business or personal issues, become the everyday occurrence and keep people from achieving whatever they want to do.
There have been many times on this business journey of my own where fogginess and haze have sent me to the mat. Trying to kick out at a 2-count when being pinned with all of this stuff seems unbearable.
In taking a holistic view (meaning looking at the entire picture) of where I am, what has changed? Clarity. Getting very clear on what I want to do and where I want to focus my creative direction. Yes, I’m a writer, content writer, copywriter, ghostwriter and creative. That’s one element of my own life. Another one involves being a voice for the voiceless in the craniofacial community around the world.
But this is not to simply focus on what I am doing now. This is about clarity, about getting laser-focused on what you want to do. If you have a coach or mentor in your life, then I’ll bet you have heard them say on one or multiple occasions that you have to “get clear” on what you want to offer.
Here are three core reasons clarity is an important factor for your business:
1. You Stand Out From The Crowd
You cannot go anywhere on social media and not see people putting out content. Some may be good; others are meh. It does not matter, though, if it is good or not. What matters is about conversion. Does the content turn into sales? Does it attract and speak to people’s problems?
Not everyone can be a jack-of-all-trades. You become a master-of-none pretty quick. Theories abound about niching down and finding that sweet spot where you can deliver your mastery to those in need. Think of the millions of niches out there: cannabis, fitness, spirituality, relationships, finances, food, and on it goes.
Every one of these niches need people who can come in and put clarity around their products and services. If these businesses are not clear on what they do and solve to those seeking solutions, then they are not going to have clients and eventually will have to shut the doors.
Learning to stand out from the crowd is going to make you a powerful voice in whatever niche or field you are looking to dominate in all the time.
“It’s a lack of clarity that creates chaos and frustration. Those emotions are poison to any living goal.” – Steve Maraboli
2. You Attract A Lot of Clients
If you wanted to apply one of those ancient universal laws to your business – for instance, like the very popular Law of Attraction – then you would understand what attracts people to you. Nikola Tesla, one of the world’s greatest inventors, once said that if people understood energy and vibration alone and how that works then they’d understand a lot of how things actually work in the world.
Clarity brings out a new energy from your words and actions. You come from a place of total and unbelievable awareness where you look around one day and go, “Dang, look at all of the people who want my services.”
Trust me. This is one of those lessons that I have to come back to over and over again. People might know who I am and what I do from this or that space. Yet is it really crystal clear enough to a targeted section of people? Um, it’s still a work in progress.
In order, though, to actually move forward in business and have the level of success that I desire, then clarity must come into play. Clarity attracts clients. They solidly know what you do and what you offer. There’s no wishy-washy stuff taking place. Understand this core reason to achieve clarity and watch what happens to your very own business and brand.
3. You Begin To Believe In Yourself
There’s this ongoing idea around “imposter syndrome” that folks on the interweb love to discuss. Showing up online like you are a real go-getter and hotshot, but offline that’s not the same person…that’s a problem.
“Imposter syndrome,” to me, starts happening when a person stretches out of his or her comfort zone and it feels miserable. Instead of getting up at 11 a.m. after working a night shift job, you get up at 8 a.m. to get a head-start on tasks and obligations around what you do. Thoughts like “this will never work out” or “I’m never going to succeed and get out of debt” start swirling around your mind like a bunch of chattering monkeys.
Clarity, though, allows you the benefit of starting to truly believe in yourself. In his famous book “The Power of Positive Thinking,” Norman Vincent Peale writes in the first chapter’s first line “Believe in yourself.” That’s it. Then the book goes on to describe different ways of building up your positive mindset through prayer, faith, action, and other real-life examples. Peale’s work may not appeal to you directly, but the mere thought of believing in yourself and your dreams is appealing.
“Clarity comes from action not thought.” – Marie Forleo
Find yourself getting clear on what you want and where you want to go and begin to truly believe in yourself and your abilities. There are lots of people who definitely need your services and work around the world. There might even be people right in your own town who do, too.
When tackling the issue of clarity for your business, take these three factors into account. Think about them seriously. Take stock around where this can be an effective place for you to succeed every single day.
Look for the sunshine and blue skies in your business. They are there. All you have to do is some sightseeing and all of it will pop out very clearly.
How YOU Can Create a Powerful 10 Year Life Vision
Where do you desire to be 10 years from now? Joel Brown, founder of the well-known website and podcast Addicted2Success, breaks down exactly how to gain clarity in your life and create a powerful 10-year life vision. The vision process that Joel teaches has transformed the lives of hundreds and thousands of people who use it.
You can listen to the full podcast interview here with Joel Brown or head over to my website AshleyHann.com for more inspirational podcast episodes.
Joel Brown is the real deal. He travels the world coaching thousands and thousands of people to stand in their vision so they can turn their dreams into a reality. He has been featured in the Think and Grow Rich movie, Entrepreneur, Forbes, Inc., The Huffington Post, Success Magazine and more. He has sat down with well-known thought leaders such as Tony Robbins, Deepak Chopra, Jay Shetty, Gary Vaynerchuk, Grant Cardone, John Assaraf and the list goes on.
This is a MUST LISTEN episode all about gaining clarity, creating harmony in your life and creating a powerful 10-year vision so that you can live the life you’ve always wanted.
Joel breaks it down for you step by step. In this episode, we go over:
- The 3 key questions you must ask yourself in order to live a fulfilled life and master your 10-year vision
- How to define success for yourself and discover what you really want
- The 8 areas of life to include in your 10-year vision
- The top, prevalent patterns successful people share and why you should adopt them too
- The 3 main limiting beliefs and bullsh*t stories that hold people back from achieving their dreams and goals
- Why dropping perfectionism is so important and what to do instead
- …and so much more!
If you’re more of a visual person then you can watch my video interview with Joel Brown here:
This is an episode you won’t want to miss. Joel Brown is the 10-year vision expert and teaches his vision process all over the globe to thousands and thousands of people. You’ll want to make sure to grab a pen and paper so you can take notes and action on the strategies he shares with you.
OR you can watch it on my YouTube Channel:
His event: www.elevatetribe.net
The #1 motivation website he built from scratch: www.addicted2success.com
His Circle of Influence online mastermind: www.iamjoelbrown.com/applynow
5 Ways You Can Utilize Information Properly and Think More Efficiently
The mind is a complex system of facets, of which some have yet to be discovered. Still, in spite of all this, there has been enough information to help us gain a rudimentary understanding of it. Thinking is what we all do, although what differs is the efficiency and levels at which we do it.
A lot of things influence the way you think, and most of these factors vary from person to person. However, there are some foundations and basic laws that can help you move from just filtering information and utilizing it to think efficiently.
Below are a few ways you can utilize information properly and think more efficiently:
1. Be quiet and listen
We’re constantly bombarded with information, and the nature of this information determines how we respond. Are you the type of person who doesn’t handle bad or even good news well? If so, learn to take a step back, evaluate things, and look for the way forward. It’s something that stock market traders do all the time, and it works like a charm with practice.
2. Never neglect what your emotions tell you
While a lot of people might not know this, it is true that the conscious thoughts we have only represent a small fraction of the events going on in our heads. At any given point in time, you have the unconscious aspect taking in massive amounts of information, most of which we don’t even know are being processed.
Your brain makes conclusions, good or bad, and starts to generate feelings that rule our emotions in the long-run. So, whenever you have a subtle feeling that points you to a certain course of action or thought, don’t ignore it. At the end of the day, that feeling gets its way somehow, and it’s better you come face-to-face with it and understand its nudges better.
“When you react, you let others control you. When you respond, you are in control.” – Bohdi Sanders
3. Never think while under pressure
Pressure can be good, but a lot of the time, it tends to yield counter-productive results. Regardless of what you’re doing, there are times when you feel pressure. What this pressure does is force you to rely less on the part of your unconsciousness that functions like a trained autopilot system (from all of the training and experiences that you’ve had in the past). Essentially, it forces you to overthink things.
You begin to analyze every aspect of what you’re doing, and you end up using parts of your brain that have no business with the specific activity. So, whenever you take the time out to develop a certain skill, make sure you learn to have faith in your instincts as well.
4. Never focus on one viewpoint
Bluffing is something that professional poker players do almost every time. It’s become an art. However, instead of just bluffing on a whim (which also works at times, by the way), most of them employ a simple trick while playing; they think about how the opposing players would act if they weren’t actually bluffing.
In most cases, the brain tends to search the world for filters in order to confirm the beliefs that it holds. However, the problem with this is that it tends to limit you. At the end of the day, you could be dealing with facts that are just not wrong.
“What’s true of the poker game is true of life. Most people are suckers and don’t realise it.” – Michael Faust
According to studies, a lot of people tend to have moments of insight and solutions to problems when they’re not even aware of the fact that the problem is being analyzed by the brain. These are usually moments when you take a stroll, listen to your favorite track, brew your favorite coffee, take showers, and read blogs; when you feel relaxed and comfortable.
This is because insightful thoughts are usually generated by an influx of neural activities that occur in the right hemisphere of the brain. The best time to plug into the mind is when you’re stress-free, so make sure that you engage in activities that relax you more often.
How do you go about maneuvering around and making decisions in a world constantly bombarding you with information? Let us know your thoughts and advice below!
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