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Success Advice

The 5 Hard Truths About Chasing Success

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Harvey Specter Suits

There are certain things in life that are inarguably true. Many of these truths are fairly harsh and unforgiving, but yet, they are truths.

Benjamin Franklin is famous for saying:

“In this world nothing can be said to be certain, except death and taxes.”

These hard truths of life are the elements which will have great impact. Knowledge of these will help some individuals gain the perspective they need to push themselves into the success state of mind, yet will force the rest to become so scared that they will never aim to be extraordinary.

The interpretation of these truths is what separates the wolves from the sheep.

 

1. You are going to die

There is nothing to lose in this life, because everything is fleeting and will eventually end.

The guy who makes a bunch of bad decisions and spends his life in and out of prison is going to achieve the exact same outcome as the guy who lives a typical, conservative life, and the guy who chases his huge ambitions and is admired by the masses: death.

Death is the common denominator, so what really matters is what you do in the time that is given to you. We all have this little window of opportunity in which we get to do whatever we want. We can choose a path of joy, success, achievement, or we can pursue the easy road of contentment, boredom, and mediocrity.

It’s up to you.

Death is certain.

 

2. Nothing you care about matters

Along the same lines of the gloomy topic of inescapable death, you’re the only one who really cares about your story– your highs, your lows and your experiences. Thinking that the things you get caught up on every day have any sort of importance on any level higher than your own consciousness is the fastest way I know to lose direction and sacrifice true happiness.

Decide whether or not you’re going to be one of those people who do great things with their time on this earth and if so, stop worrying about anything except that, because you will just end up being a sad little lost creature, floating aimlessly through a dull reality waiting for the blessing of death to be granted by “Father Time”.

 

3. Reality is a safety net, built by the people who had the balls to build it

Something that has really helped me to gain some perspective and to think positively about my path to success, is to imagine life and our reality as a wedding reception, with our legacy being the wedding “guest book.” Some people in attendance (of this thing we call life) are going to simply float by and occupy themselves with socialising and drinking–so much distraction that they forget to sign the book.

Others will write a short one-line message with no real substance–a message so generic it may as well have been stock printed on the guest book to begin with. But a select few will leave a message so honest and meaningful that it will bring any bride to tears and inspire her to live life to the fullest and to love truly and wholly.

This wedding metaphor demonstrates the varying levels of impact each individual can have on the world around them. Build the right kind of reality by being bold, unique, and courageous. Otherwise, your contributions are easily forgotten or written off, or may not even show up in the record books.

Hunger Games Picture Quote

 

4. Searching for meaning will destroy you

If I’m lucky, I have another sixty or seventy years in which I can pursue my earthly desires and do the things that bring me happiness and fulfilment. On the other hand, I have eternity to spend floating through the spirit world, if such a thing does exist. So I am not going to spend my time on earth trying to become closer to the spirit world. I already have a one way ticket, and I guess I will just figure it out once I get there.

The hippies are wrong. Sitting under a tree and thinking about the meaning of life is not going to help you find it. There is no such things as one meaning of life, we all have our own version and meaning, and we should stop thinking about it because in doing so, you are missing out on living it. Get excited to make the most of your conscious time on this giant rock floating through the universe and do whatever makes you happy without intentionally hurting others. That’s all you need to know. There is literally no other reason to be here that you are ever going to find during your lifetime.

 

5. Being ordinary will get you nowhere. Take risks

Imagine your life is a gymnastics competition and it’s your turn on the beam. You have a small amount of time to prove to the judges that you believe in being the best and that you have perfected your craft. You need to impress them. Some people are sure to crumble under pressure and forget all the training and hard work they have put in, as their fear prevents them from performing fully. Others are going to reach only about 20% of their potential, performing only the stunts that are “safe” : those that know they can land because they have done them successfully for years, but they are not really the challenging manoeuvres.

Then you have the ones who stayed up until 2am the night before practicing the stunts they hardly know, but will break new ground and prove themselves to be absolute champions. The last group of gymnasts know that they could fail hard by over rotating and landing on their face in humiliation, but they are willing to risk it anyway because the reward is worth it.

Think about life like that and I think about which gymnast you would rather be.

……

 

Benjamin Franklin once said something of relevance to this that I’d love to quote for you:

“But our great security lies, I think, in our growing strength…for there is much truth in the Italian saying, Make yourselves sheep, and the wolves will eat you.”

These 5 unerring truths presented to you are here to let you know whether you’re going to be a sheep (following the crowd, traveling the safe path, clinging to normalcy and mediocrity) or a wolf (powerful, strong, bold, courageous, and without a care for what others think.)

The only thing in life that matters is following your dreams, and becoming the things you aspire to become.

Do things that make you happy.

You are here to achieve your dreams and to manifest a new reality out of pure imagination.

In your short time on this earth, I suggest you follow the path of the wolf, and you’ll find that these truths aren’t a bad thing, but will propel you onwards toward a rich, rewarding life of success and true fulfilment.

 

Feature Image: Harvey Specter | Suits

 

Matthew Ozolins is an Executive Director and Co-founder of Webics, which is a rapidly expanding online marketing agency based in Australia. Matthew is passionate about using online marketing strategies to help businesses reach their full potential. This passion is matched only by his passion for instilling in people the idea that regardless of where you come from, it is possible to achieve anything you want and be anyone you want. You can follow Matthew on Twitter or Facebook

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13 Comments

13 Comments

  1. Anthonia

    Feb 23, 2015 at 11:20 pm

    I really liked the rawness, simplicity and honesty of this article. Massively puts things into perspective. Thank you.

  2. Seema

    Jun 19, 2014 at 4:01 am

    wow! thanks for the kick-ass facts

  3. Joel Annesley

    Jun 11, 2014 at 8:21 am

    Thanks Matthew. Wow, certainly no sugarcoating here! It’s direct, but I love it! I really enjoyed what you said about not worrying about stuff unless its related to doing great things with your time. It’s so easy to get caught up in the minor details of things that really don’t matter.

  4. Kelli

    Jun 9, 2014 at 8:04 am

    Hi Matthew
    I really enjoyed reading this article and your perspective. You have a very blunt style of writing, and it resonates with me. I agree with much of what you said. I especially agree with number 5–there is so much possibility and so many people squander the opportunity to do so much more because of a limited mindset, fear of being ‘different’ and what others will think, and a bunch of other junk. I know how fortunate I am to have been born into a life where shaping an ideal reality is not as much of a struggle as people who were born into circumstances where the main focus is mere survival and enduring all kinds of suffering that I can’t imagine. I just do my best to make the most of life and be true to myself.

  5. Reader

    Jun 9, 2014 at 1:02 am

    Not true at all. I like this website alot, but this article is the worst I’ve read. The fact that everybody is going to die, means there is no real value in this life. I absolutely agree that we should make the best of our lives, but not with the idea of being a wolf or a successfull person who only cares about his own goals without hurting others. A wolf does not even care about others. A wolf eats the poor sheep without any mercy, unless you believe in fairy tales. People are like animals and flowers. They should fullfill their goal of life like animals do everything ensure their existence and like flowers do by shining getting all the needed sunlight and nutrition from the ground to become a beautiful flower. Then, they will die, like people do. But people are different. They are here to be good and succeed in the eyes of God. So there is something to lose here in life. The most unscientific thing is to say that “we shall see what will be after we die”. We as humans have the right to know and fortunately we can. Study the three religions (judaism,Islam and Christianity) and find the truth for yourself. I found it in Islam. The religion that tells you that you should make the best out of your life because you can, but without losing scope that you will die and stand in front of God’s judgement that will either punish you or reward you with Paradise where you reeaalllyy have nothing to lose, because you are never going to die. God gave us this tiny earth to live on with so many advantages we take from, but yet we are depended on something we cannot even see, which is oxigen. We depend on a invisible ozon layer that projects us from the burning sun. And it floats without bars. We depend on invisible things. How funny, yet scary. All readers on this beautiful website seeks for success and I am no different. But succes is not to be measured in money or a certain life standard. Think again and again and again. Thanks for reading.

    • Matthew Ozolins

      Jun 9, 2014 at 4:00 am

      Hey Mate,

      I don’t align myself with any religion, but I don’t think that decision is in any way connected with my ability to succeed on earth. In fact, I tend to lean towards the idea that in the modern world we can each be the god’s own universe. As the creator of my own ideal universe I would also tend to condemn the idea of hurting others in order to benefit myself and my ambitions. The fact is though, Wolves eat Sheep. Not because they want the Sheep to feel pain, but because they are hungry and they want to survive. Typically, there are no animals out there trying to hunt Wolves for food and this is probably because they live and travel in packs. The readers on this website are Wolves. This is a Wolf Pack. A place where people who aspire to do great things are able to read awesome motivation and informative content and to start a conversation about the content with the other Wolves.

      Not all Wolves have to be Entrepreneurs, champion Athletes or successful musicians/actors. It is a state of mind that you possess long before you make any money and before anybody knows who you are. It’s about always believing in your own ability to progress in this world. It’s about being excited to do something. It’s about growth and learning.

      You’re only a sheep if you’re staying still. If you’re not progressing, growing or learning. If you’re life is so stagnant that you couldn’t even motivate yourself to run away from a predator and survive, you’re a sheep. That’s not to say that you have to continue living as a sheep. Becoming a wolf is a simple decision. The Wolves state of mind is not at all connected with money, fame or power but it is directly connected with true happiness.

      Love,
      Matthew Ozolins

  6. Koko

    Jun 7, 2014 at 11:13 am

    In my eyes, if you really take action about this harsh truth in this article, there is no way you are not going to be happy or successful in your lifetime, floating on a giant rock in space 🙂 Great article, we need more wisdom like this one, every day, forever and ever!

  7. Dan Western

    Jun 5, 2014 at 9:52 pm

    You absolutely nailed this on the head. Use the time you have well and don’t let anyone tell you your dreams can’t come true.

  8. Atldude

    Jun 5, 2014 at 6:04 pm

    “Almost everything: all external expectations, all pride all fear of embarrassment or failure. These tings just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose.”
    – Steve Jobs

  9. Ryan Biddulph

    Jun 5, 2014 at 1:33 pm

    5 is the lesson Matt! Think big, act big and do not TAKE risks….GIVE yourself a chance 😉 Thanks!

  10. Luciano

    Jun 5, 2014 at 12:58 pm

    I really like your thinking Matthew. It remind us all to be bold as we have nothing to loose

  11. James Simwanza

    Jun 5, 2014 at 12:36 pm

    WE WILL ALL DIE AT ONE POINT,WE COME WITH NOTHING,AND WITH NOTHING WE WILL RETURN.WHAT GOOD IS IN IT THEN THAN TO ENJOY LIFE,MAKING YOUR DREAMS COME TRUE AND LIVE LIFE IN YOUR OWN TERMS.SURE THIS IS A GREAT ARTICLE

  12. lordvito9

    Jun 5, 2014 at 9:01 am

    Great article. Thanks!!!

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Success Advice

How to Overcome Stage Fright in 5 Simple Steps

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overcoming stage fright
Image Credit: Unsplash

Fear of public speaking, also known as glossophobia (which literally means fear of the tongue) is the apprehension that one experiences when speaking in public. It’s reported that 1 in every 4 individuals reports some sort of anxiety when presenting ideas in front of an audience. Regardless of one’s personal or professional background, being able to communicate ideas confidently and eloquently is of utmost importance. So, how can you overcome stage fright?

Here are 5 simple steps to help you overcome the fear of speaking publicly or in a group:

1. Success Visualization

A great deal of the fear we experience stems from the negative self-talk that goes on in our minds. Thoughts such as “I don’t think I can do it; I’m going to forget my notes; what makes me think people want to listen to me?” The first step in trying to counter the negative self-talk is through what I call Success Visualization. It’s a well-known scientifically-proven fact that the best way to counter negative mental chatters is with positivity.

Find a quiet place where you can be undisturbed for at least 15 minutes, create a mental image of the speech being a complete success. See the audience cheering and learning. See the equipment working properly. See yourself sharing your ideas with confidence. After all, no one goes to a speech to see a speaker embarrass themselves. Visualize what you want (success), not what you dread.

2. Purposeful Practice

How many times have you heard this well-intentioned advice: “Practice makes perfect”? You might wonder, “I’ve practiced over and over again, why am I not improving?” We’ve been told to practice, but no one ever told us how. In his bestselling book Peak, Anders Ericsson introduces the concept of purposeful practice that he defines as a focused process toward a well-defined and specific goal.

What we’re all engaged in is called naive practice, which is repeating a particular task and expecting to get better. That kind of practice as it relates to public speaking is highly ineffective. There is a myriad of skills that need to be mastered in order to become an effective public speaker. As such, purposeful practice is the right way to go since it allows you to focus on one skill at a time with timely feedback on what is and what isn’t working. Always practice with a goal in mind!

3. Energy Reversal

Science claims that we experience the same physiological changes whether excited or stressed. Our adrenal glands release epinephrine, norepinephrine, and cortisol which are the flight or fight chemicals. From a physiological perspective, being ready to fight, or afraid, ready to run away, are two sides of the same coin. Henceforth, we can channel that same energy resulting from stage fright to psyche ourselves up for the speech.

Positive affirmations such as “I am excited! I rock”, can help trick your subconscious mind into believing that you’re excited. Our subconscious mind is impersonal. It doesn’t discriminate or rationalize, it accepts as true and brings to us whatever we suggest. Positive powerful autosuggestions sink deep into our subconscious mind, and manifest themselves in the way you feel, think, and act. Never tell yourself not to be afraid! Well, I mean always tell yourself you are excited and ready to rock.

4. Action

No great results are to be obtained without consistent and persistent actions. Many of us attend speeches, workshops, and seminars expecting to get the desired outcomes right away. It doesn’t work that way, it never did, and it never will. The three previous steps mean nothing if you don’t have a structure that you can use to help reach your goal.

Knowledge alone won’t bring any result. Knowledge coupled with deliberate, systematic actions, will. What are you going to do? Are you going to join a local Toastmasters Club? How many times a week are you willing to practice? Do you have a support group? You reading this article is vibrant proof that you’ve had enough of stage fright. So, why not grab a pen and paper, and write your next action?

5. Know your purpose, audience, and materials

Three things must be absolutely clear in your mind before giving a speech: Your purpose, the audience, and your materials. First, on a blank sheet of paper, at the very top; make sure you have this question answered: Why am I doing this? Or in the form of a similar statement: By the end of my speech, the audience will have learned. Without a purpose to give you direction and bring value to your audience, you don’t have a speech.

Next, Who am I talking to? Before getting on stage, basic information about the audience’s age group, cultural background, and level of knowledge is essential. Those insights empower you to appropriately frame your message, so you can engage the audience and get your message across more effectively. Speaking isn’t about you, it’s all about the audience.

Finally, make sure you’ve mastered your materials. Specifically, the introduction, main ideas, and the conclusion. Part of why we are afraid results from doubts of not being fully prepared. Never get in front of an audience without having fully mastered your materials. Complete mastery of your materials will boost your self-confidence which will, in turn, reduce your public speaking apprehension.

I hope these techniques serve you well as they have me and the many others who’ve attended my workshops. Your willingness to try, fail, and improve is what makes magic happens. As you may have realized by now, all you have to do to transform your fear from a foe to a friend is to S-P-E-A-K despite your fears.

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Success Advice

3 Steps to Overcome Your Brain Biases and Become a Better Leader

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how to become a better leader
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If I asked you what time it was, you would likely look at your watch or a clock and read the time out to me. And if I were to ask you where you were, you would likely tell me the exact place, city, or state. If I were to then ask you who you were, you would likely identify yourself by your name, demographics, and perhaps a work description. On the surface, answering these questions correctly would indicate that you were not delirious. But are these answers technically correct?

Biological research indicates that superficial orientation to time, place, or person is actually far from accurate. Rather, leaders might benefit from tending toward a non-dual awareness of the world, or at least offer themselves the opportunity to see the world this way. For time, place, and person, the biological realities differ from what we might initially think.

1. Don’t let the past dictate the future

We are not ever-present in the moment, nor should we be. In the human brain, the past, present, and future are all represented at the same time. Although we consciously organize our experiences using this segmentation of time, each of these networks can intrude upon the other. In fact, what you remember can influence what you can imagine for yourself in the future as well.

As a leader, ensure that you frequently examine your memory for positive reminders and biases, take advantage of your presence circuits by incorporating mindfulness practices into your day, and use your “possibility” circuits to imagine or simulate future scenarios. In fact, in the brain, imagination is a lot like reality.

Using all three components at all times will help you to become aware of biases and could also help you escape traps or an impasse. For instance, when a possible solution for product development is vague, thinking in terms of what you want and then reverse-engineering this process to make what you imagine could be helpful.

Walt Disney saw great success after building Disneyland in Anaheim, California, but outside interests began crowding his theme park. When he decided to build another park in Florida, Disney didn’t let the experience of California dissuade him. He expanded his vision to something greater — a city of tomorrow. He created fake companies to secretly purchase acres upon acres of land near where Interstate 4 intersected with the Florida turnpike so his company could develop the area around the theme park.

“We keep moving forward, opening new doors, and doing new things, because we’re curious and curiosity keeps leading us down new paths.” – Walt Disney

2. Think beyond your reach

We are not where we think we are. The notion of “place” has become increasingly irrelevant in a globalized world. With the increasing interconnectedness of societies, cultures, and economies, leaders need to be careful not to think of themselves too locally. When leaders are global in their thinking, they are likely to elicit more widespread cooperation from international markets.

Ask yourself, “What communities beyond my local community do I want to impact?” and “What communities am I impacting?” When you take this approach, it can help your advertising strategies, for example, become more congruous with specific or global markets. Also, leaders who think globally will be more aware of competition from afar and opportunities for collaboration, too.

Jack Ma can be credited with being a global thinker for founding Alibaba, allowing Chinese consumers to access domestic and international markets that they could not previously access. By moving into e-commerce, online banking, and cloud computing, Alibaba has expanded into India and Southeast Asia. Alibaba’s Electronic World Trade Platform has even enabled farmers in Rwanda to sell coffee in China. This is a perfect example of thinking beyond your reach.

3. Connect the body and mind

We are not what we think we are. We are made up of 50% human and 50% bacterial cells. And water comprises 60% of our body weight. So we are basically bags of water and bacteria — with a dash of human cells thrown in for good measure.

Also, though we might think of ourselves as being separate from other people and things, many people or things you encounter in your life are stored in your brain’s memory centers. Our brain tissue contains images, voices, and other attributes of people and things, too. We are not actually as separate as we think.

Take care of your bacteria, and they will take care of you. Having the right balance of bacteria is of paramount importance to effective functioning because the wrong balance can make you depressed or anxious. Taking a probiotic can help restore this balance. Understanding that you are part human, part bacteria can change the way you take care of your moods by essentially reminding you to take care of your gut.

Mindy Grossman, the CEO of WW International — formerly Weight Watchers — is a good example of someone who understands the mind-body connection. Grossman has led the company’s focus from strictly weight loss to wellness through healthy habits. Part of the transformation includes a partnership with meditation app Headspace to help members maintain a positive mindset.

“It is health that is real wealth and not pieces of gold and silver.” – Mahatma Gandhi

When you engage in non-dual awareness by recognizing that your brain fuses and connects time, places, and people, your leadership capacities might also be enhanced. As Warren Bennis, founding chairman of the Leadership Institute at the University of Southern California, suggests, “Becoming a leader is synonymous with becoming yourself.” And your “self” is more intriguing and mysterious than you might first imagine.

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Success Advice

3 Ways to Optimize Your Life for Success

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how to optimize your life for success

Welcome to the 21st Century! The era of the Internet and computers, lack of focus and superficiality. I know it sounds scary, maybe a little more exaggerated, but it’s true. We live in a world of short posts and 3-minute videos. We barely engage in deep learning, deep thinking, and deep focus to produce iPhone-level products or services. So, the majority of us are actually a failure, thousands of miles away from achieving our life goals and business visions. How do we turn things around? We need to optimize our lives.

Here are 3 tried and tested tips that will help optimize your life for success:

1. Upgrade your sleep

When I started my freelance writing career—about seven years ago—I was passionate and excited at the beginning. I’d fill my To-Do list with 6-10 items, worked until 12 am, set my alarm to go off at 3 am, and had my running shoes close to my bed before I went to sleep. However, I barely accomplished anything. I usually became weak and bored before noon.

I noticed that I was putting a huge strain on myself. I was sleep deprived, which is the primary reason why I didn’t have the energy and the drive to accomplish my tasks. Many studies have shown that sleep-deprivation affects productivity.

As soon as I began increasing my sleeping time from 4 hours to 7 hours, my whole life changed. I started producing a lot and earning a lot more than before while also improving my health. With more sleep, I get the emotional energy and willpower I need to read, learn, and optimize my career.

“By helping us keep the world in perspective, sleep gives us a chance to refocus on the essence of who we are. And in that place of connection, it is easier for the fears and concerns of the world to drop away.” – Arianna Huffington

2. Read every day

I get it. You’re in the middle-class struggling to survive. You simply have enough to deal with. Reading? That’s not included on your to-do list. Well, if that’s you, then you’re not alone. The global literacy rates are at an all-time high at 84 percent, which means people don’t read as much anymore.

We already have enough on our plates. In fact, a study by the National Endowment for the Arts has found that the reading culture among American adults has drastically declined. That’s a big issue in our world.

Nothing can prevent you from reading, not even your plate that’s chock-full of other life’s priorities. If you want to produce more and impact the world around you, you’ve got to read more and learn more.

Take a look at the visionaries and business titans in our world. All of them are avid readers and avid learners. Bill Gates is a bibliophile and Phil Knight, the founder of Nike, reveres books. In fact, Knight customized his library to the extent that, before you enter into his library, you have to take off your shoes and bow.

So, what would you do next? Take Roald Dahl’s advice, captured in this beautiful line of the poem: “So please, oh please, we beg, we pray / go throw your TV set away / and in its place, you can install / a lovely bookshelf on the wall.”

3. Use Pomodoro to time yourself

You can’t go far in life if you can’t stay totally focused on a task. If you want to achieve your goals, you have got to stay laser-focused on a single task before jumping on to another. Why? Because goals are not achieved in one session, they’re achieved in a series of tasks, one after the other.

To install the focus habit in your system; therefore, you need to use a time-management kind of “system” that will keep you firm and attentive on a specific project. Pomodoro is that time-management tool that will help you stay focused.

It’s an excellent app that lets you set a timer for a particular task. You can set it for 30, 60, or 90 minutes and stop working when it goes off. I use it all the time, and I can’t imagine my work life without it.

“I know when I stay focused, good things will undoubtedly happen.” – Marc Trestman

Optimizing your life for more power, passion, and productivity is not about working hard late at night or running multiple projects at a time. It’s about maintaining your health and recharging your energy (having a deep, quality sleep), updating your knowledge (by reading every day), and staying focused on a project—until you accomplished it (by using Pomodoro technique to boost your concentration).

Of course, developing these sets of habits is not easy. You’ll fail and get frustrated, but as the productivity guru Robin Sharma beautifully puts it, “all changes are hard at first, messy at the middle, and beautiful at the end.”

Which one of these three ways to optimize your life resonated most with you and why? Share your thoughts below!

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Success Advice

If You Want Your Business to Grow, You Need to Increase Your Capacity in the Following 4 Areas

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Image Credit: Pixabay

Every entrepreneur must come face to face with the reality that there is only a limited amount of time, money, and people that you can use within your current position. The question is how do we increase or maximize the things that we find limiting?

As we walk through our hectic and often over packed ten, twelve, or fourteen hour work days, one of the questions that we should be asking is “What can I do to get more, to do more?” Instead, we just put our heads down and plow through the ever growing mountain of work. We are limited by capacity.

Webster’s dictionary defines capacity as “the maximum amount that something can contain.” As an entrepreneur, we have to be a little more creative than the average person and find ways to increase our capacity.

Below, we’ll identify the four areas where we need more capacity and ways to get more with less:

1. Time

Every human on this planet is granted twenty-four hours a day. That is it. Your capacity is a total of twenty-four hours. Within that amount of time you must manage several different demands. Our goal is to buy back our time, when we can, and operate at peak performance when we are accomplishing our daily task list.

First, without staying in performance shape, you will lose the ability to stay at optimal performance levels. Our bodies are truly a machine with an amazing capacity, but when it is abused by lack of sleep, improper nutrition, and lack of exercise, you are reducing the capacity at which you are able to work and function. The closer you are to peak performance, the more you are able to accomplish in a shorter amount of time.

Second is our mental condition. Here is what my experience has taught me. If I am mentally rested, I can think and make decisions faster because I can reason more quickly in addition to understanding the circumstances and information at an extremely fast pace. 

When your brain is healthy, it becomes easier to absorb and process information at a lightning fast rate. Taking the time to allow your brain to rest will give it the ability to function at peak performance.

Third is our ability to train and delegate. So often, entrepreneurs are control freaks. No one can do it as good, as fast, or with the same passion as they can. While that may be true in most cases, you are only one person with twenty-four hours in a day. 

You’ve got to delegate and accept people’s help. If you add one person that’s willing to give you eight hours of work a day, you have now bought back hours in your day to focus on activities that will generate more income and grow your business. Why wouldn’t you want to add more hours to your day by delegating out the appropriate task to qualified individuals?

“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.” – Zig Ziglar

2. Money

Money tends to be a sensitive topic. We all have beliefs that were formed through our childhood on the concept of money. With many different views and beliefs on this topic, let’s just focus on the fact that money is a tool that will either help grow the company or a tool that limits a company’s growth.

It is always amazing that the faster a company grows, the greater the challenge of money becomes, and this could potentially cause the company to implode on its own success. How do we then increase the capacity and have more money available to keep the company healthy?

Here are a couple of things to watch out for: 

  • Keep an eye on your budget and get accurate figures. 
  • Look at your Accounts Receivables. If they get too long, they could cause significant cash flow issues. 
  • Find investment opportunities. There are many private investors that are often willing to invest in companies that have true growth with solid foundations. 
  • Look at additional profit generators, products, or services that fit within your current business model. 

Each of these are ways to increase the capacity that money contributes to the growth of your business.

3. Space and Supply

I will never forget exactly where I was standing when I had a manufacture call and tell me they were unable to supply anymore products. They had sold us everything they had, and they weren’t going to have anything available to sell for at least another six months. At that time, we were selling customer printed t-shirts and had tens of thousands of orders that we needed to fulfill within the next thirty days.

Space and Supply are tied closely together. Space is often associated with the production. Do you have a space large enough to meet the demands of the supply? If production can only create 1,000 products a day and buyers need 5,000 a day, there is a conflict. 

A business needs to understand that challenge, and there are only 3 solutions to this problem: The business figures out how to increase production within the current workable hours, adds more workable hours with the equipment and space, or adds more equipment and space to increase production.

Space and supplies are assets that can be used towards the business advantage. Here are a few questions to ask when making decisions based on space and supply. 

  • Evaluate your supply channel. Are they able to maintain a solid supply of your raw product materials to match your growth as a company? 
  • Are there back up supply manufactures that can create a safety net for your raw products? 
  • Evaluate the amount of space you have available along with the time the space is usable. Can you run a second or third shift with the current space and equipment?

“The only person you are destined to become is the person you decide to be.” – Ralph Waldo Emerson

4. People

Your employees are likely going to be the most important way to create more capacity. We talked briefly about delegating to qualified individuals to increase capacity around your own personal time. The next phase is to create more capacity by adding additional, trained people. 

You need to create leaders of leaders instead of you being the leader of followers. Don’t miss this because the greatest of all companies focuses on increasing their capacity by training leaders of leaders and not just a loyal following.

Entrepreneurs tend to be a lonely bunch of souls. Too often, we are misunderstood and looked at with slight amount of annoyance. Others just don’t always know how to take someone that is passionately thinking outside the box. 

People skills are a must in order to have more than just yourself work to achieve that dream. As an entrepreneur, develop the social skills to work with individuals that are different than yourself.  

Here is a 3 step plan to have great capacity with people as your allies:

  1. Start by learning how to delegate your own tasks to buy back your time. Identify the tasks that are easiest to delegate and document how you do them. This will give you a specific job description, set achievable goals, and create a daily action plan that is now something that is teachable. 
  2. Use this system and apply it to the other things you are currently doing. I would suggest building out an organization chart and dividing the different tasks you do within the company. Then create a plan that will allow you to hire the right person and move you onto the next area in the organization that you will systematize. 
  3. Finally, create the culture. Culture is like a child, it will grow whether or not you pay attention to it. So be intentional. Learn what it takes to build a culture that attracts the employees that want to be there and grow with the company. 

Each of these four areas has an incredible amount of potential to increase your capacity, and allow your business to grow. Don’t attempt to tackle everything at once. Identify just one area that you will commit to grow within the next three to six months. Take action and implement. 

What is your next step? Share with us below!

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