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Success Advice

Why Your Big Fat Ego Could Be Decimating Your Success

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Your ego is the image you have of yourself and how important you are. For many people, this part of their being can get out of control really quickly. The biggest way to fuel someone’s ego is through the very subject that we are all so addicted to on this site; success.

When you become successful at something you have two choices; to be humble and grateful for the opportunity you have been given, or to let it get to your head and allow your ego to take over. With any level of success, there is always a small amount of luck needed along with heaps of skill, hard work, and patience.

The tipping point for a lot of success is just a small dose of luck, but this ingredient can quickly turn against you when you add ego with it. Egotistic people are not able to sustain luck because the energy they put out into the world doesn’t attract anything of value in return.

The 9 things you need to remember so your ego doesn’t decimate your success are:

1. It’s not a good idea to talk down to people

When a person’s ego is out of control, they begin to feel superior to their fellow human beings. This idea can become like a virus and it will create the disease of “talking down to people.” It’s never okay to talk down to someone and act as if you are better than them.

By doing so, you’re showing that you lack life experience and wisdom. It’s not about being better than everyone else it’s about being able to give something to the world that no one else can do. Leaders come up with solutions; egotistically driven people use brute force.

2. As quick as you can make a million dollars you can lose it all

The whole reason I am writing this article is because of a business encounter that happened in my own life a few weeks ago. Someone that I consider to be a friend made over a million dollars and everyone around them was very supportive of their success.

Within a matter of weeks, this person has gone from being a humble businessperson, to an ego driven maniac. Out of nowhere, they are treating all the people that helped make them a millionaire like they are better than them on every level.

Because they are the leader of the business that made them a millionaire, their toxic ego has flowed through the company and made everyone high on the fumes. Suddenly, quiet, timid, business leaders, have begun talking over the top of people and swearing unnecessarily.

What it most disappointing about this situation is that this person has lost it all before. Losing everything is supposed to make you wiser and give you the skills to succeed. By not getting the lesson the first time, this new ego fuelled state has the power to bring them down. In business, when you let your ego get out of control, you take unnecessary risks and think you’re invincible.

“An inflated ego can cloud your judgement and make you think you have super powers that you don’t”

I’m sorry to report, but no one gives a damn how much money you’ve made or what car you drive. People care about how you treat others when you become successful, and more importantly, the type of person you become. Do you give money to charity? Do you start your own charity? Do you coach other people to start a business?

Having been someone that has been in this situation before, the only thing that I repeatedly say is “as quick as you can make a million dollars you can lose it all.” It doesn’t take a lot to bring a business down or for the people you work with to lose confidence in your ability to lead.

If you let your ego take over before you know it, the million bucks is gone, and you’re alone, on the street, consuming large amounts of alcohol, trying to understand what happen to your so-called “success.”

Don’t fall for the ego trap and become conscious of how you treat people. Joel Brown, who owns this website, has millions of followers and more success than most people I know; yet he’s a nice guy and always looking to serve people.

He’s not out there claiming he’s some miracle worker, he’s just getting on with the job of giving everything he has and leaving a legacy that we will all remember. At the heart of it, that’s what success is all about my friends.

3. It’s not cool to play people off against each other

In business, there are often multiple suppliers that you can work with to deliver a product or service. The last thing you want to do is let your ego get in the way, and think that you can treat these people like dirt.

There is one fundamental lesson that you have to understand: businesses talk to each other and when you go out of the way to treat them poorly, the people you hurt all of a sudden want to share their negative experience with their other friends in their network (i.e., the other businesses someone may choose to work with).

Making enemies in business never works out because people do business with people. Even if you have an incredible business, if you let your ego get out of control, people won’t be attracted to work with you. The quickest way to the welfare office is through your ego – don’t let this be you.

4. Manners will stop your ego

All of us can get caught up in our ego sometimes, and that’s okay. What we can do to cure yourself of this fever is to remember your manners. When you’re tempted to act in an egotistic way in front of someone, try being polite instead.

By using your manners, you bring yourself back to caring less about you, and more about the other person. I’ve even found that manners can become a sort of mindfulness trigger that helps me to come back to the moment and not get lost in an anxiety ridden, egotistical states of mind.

I’ve found the fastest way to attract customers and suppliers in business is to treat them well. Treat them with respect and be known as the nice guy. Last week, I had a client I did this with. This client had been more agreeable than I expected. On an email, they asked me if they could slightly change something in a contract and I agreed without hesitation.

I told them how much I liked doing business with them and how I appreciated their willingness to come from a place of gratitude in a sometimes hostile business environment. Sure enough, the business relationship is as strong as it can be.

Manners and the way you treat people matter. Entrepreneurship is not about you; it’s about serving everyone else.

5. Everything is negotiable

By coming from an egotistical state, you automatically rule out a good negotiating position. In the conversation I had with the millionaire mentioned earlier, their ego and bad language automatically put the guard up of every person in the room.

All we wanted to do was escape, and no one had a kind listening ear to hear the person out. Kindness quickly disappears when an inflated ego is present. Rather than let your ego get ahead of you and throw in the used car salesman line of “I can get a better deal elsewhere,” try lowering your ego and asking positive, open-ended questions.

The reality is that everything is negotiable but only when you come from a non-egotistic state. It’s all in the way you ask and how you come across. The amount of times I have been able to negotiate a great deal by asking questions and saying “would it be possible to do it this way,” or “could we try lowering this rate, and removing X Y and Z?”

You’d be surprised what you can achieve when your personality is attractive and not full of the moles of ego. People will bend over backwards to work with someone who doesn’t let success get to their head.

“In any business negotiation, the person with the bigger ego always loses in the long term” – Tim Denning

6. Your ego blocks your ability to listen

The only way you can learn in life is by listening to other people, and then deciding if what they’ve said is something you can learn from. Not all opinions will be positive, but you will never learn if you let your ego get in the way and make you think that you know everything.

You don’t know even 1/1000th of what there is to know in the world, and there is no point pretending you do. Instead, realise how little you know in the scheme of things and be a learner in life. Become adaptable, flexible, nimble and able to adapt to change. Know that there is no right answer and that everyone has an opinion rightly or wrongly.

7. Face into challenges with a mature, calm dimenna, not your ego

A mind that has regularly been meditating is calm and able to come from a place of reason, even in the face of adversity. When a situation gets heated always come back to it after a good night’s sleep – your perspective will be different.

A calm mind notices your ego and stops you from making an idiot of yourself. Often, if you fail to deal with stress or anxiety, the door to your ego get’s left wide open. Having control of your life is all about the control of your mind and thoughts.

Replace disempowering thoughts that tell you you’re better than everyone else, with thoughts of how you can create something spectacular.

“When you start comparing who has the bigger third leg, ego will take over and ruin all the rapport that you had previously”

8. The moment you get nasty, people go out of their way to take you down

Your ego can make you say things you don’t mean. Whenever you become nasty towards other people and make threats, the person on the other side will go out of their way to take you down. We’ve all heard of the concept of a “raving fan.”

When you turn people against you with your ego, you create the opposite effect of a raving fan. Pretty soon, these people will be talking to everyone they come across to tell them about how full of yourself you are. A lot of the so-called bad luck in our life can be directly linked to our inflated ego.

The bottom line is we have to get over ourselves and how good we are. Having said that, don’t mistake what I am saying about your ego for confidence. There is nothing wrong with being confident about what you are doing in life, just don’t confuse confidence with ego otherwise, you’re in trouble.

9. Nice people always win, smart alecs do not

Sustained success in any field comes down to one simple principle, “nice people always win.” Coming across as a smart alec who knows it all will not give you the success you want in years to come. Your ego can create short term massive high’s and long term major lows if you’re not careful.

Look at any well-respected actor and you’ll see that they are humble and genuinely nice people. The more they are like everyone else, the more success they seem to have. The reality is this: people are looking for other people just like them. Once you understand this concept, you can use rapport rather than your ego, to fight conflict in business and in life.

Do you feel your ego is under control? Let me know in the comments section below or on my website timdenning.net and my Facebook.

Tim is best known as a long-time contributor on Addicted2Success. Tim's content has been shared millions of times and he has written multiple viral posts all around personal development and entrepreneurship.You can connect with Tim through his website www.timdenning.net

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6 Comments

6 Comments

  1. AZ

    Oct 1, 2017 at 7:55 am

    It’s hard to tame the beast of ego. But I’ve noticed my ego has its ups and downs and on days I feel I’m better than everyone else I’m also less happy.

  2. AKAYEZU Aime Angelique Noela

    Aug 29, 2016 at 12:56 pm

    I love the article, especially tips on how to manage our ego or at least refrain it from destroying our relationship with others. it is hard to manage ego, noticing and acknowledging ways that it is not serving you is the first step. thanking you for sharing suck article that helps us to deeply analyse ourselves, to re-evaluate our behaviours and attitude. We can’t reach high when our ego is the one messing us up all way long. I believe success is a journey you work hard to achieve, knowing how to avoid some of the traps on your path is a valuable asset. Thanks a lot

  3. Norah Bird Hamilton

    Jul 28, 2016 at 7:02 pm

    Excellent article. So important to receive those reminders that there are some extra miles we can go to better tap down that ego that gets in our way. Also appreciate Tano’s thoughts about service. It is so wonderful when someone treats you in a manner that makes you check the mirror to see what they are seeing that is special. How wonderful to be the person to provide such a quality of service that someone checks their mirror. I am going to make that level of service a daily goal.

    • Tim Denning

      Aug 4, 2016 at 9:30 pm

      Norah thanks for reading and I’m so glad you are going to take some action.

  4. Toño

    Jul 28, 2016 at 5:44 pm

    Today I took another lesson from you, Tim, and you are a very good teacher.

    I meet different people every day and as I work in sales I see rich and poor, greedy and generous. It is funny how you can spot the law of attraction works when a rich person becomes richer and poor, well, gets, even more suffering because of their state of mind. Ego is a huge part of the game here, and I will not hide, I like and appreciate rich people more than poor. But here’s the thing: some of those luxury folks act like they are the kings of the world, gods among mortals and you can sense the ignorance. They think money is the only currency here and it speaks loud. On the other side, there are people who rich, yet humble, professional, passionate, delicate and ethic in their behavior and they treat everyone as equal. Those are rare kinds, but real pleasure to have any business with. Their attitude is a real success, and they attract even more. Now, you can see some of them are not exactly that money rich rather manner rich. True leaders help others, not bring them down, they encourage success for people around them and share knowledge. That’s where ego is silently watching in despare for those rare kinds of human being.

    I like your #4 example as I have experienced today with simple VIP taxi driver. The guy was on top of his work ethic and was the most professional driver I have had the pleasure to know. Yet it was just a regular Uber trip, quite cheap and short. The person treats me like I was one of The Beatles or Hollywood actor, and this led me to think about my own behavior. How often do I provide such service for others, not paying attention to their status, clothing, manner of speaking or personal preference. Not much, I will admit, not that often. But why? Because I think too high of myself, perhaps, or judge them all. I know how much it may mean for someone to receive a top notch service and feels like a really important person. it feels really good and simply can make your day. It does not require much of the effort often yet, sometimes we just tend to act like a jerk without even thinking. Well, I can do it, and shame on me for that. But thanks to that kind and beautiful man I can now re-think some of my actions. It does not matter how tough your life may be, you can always light someone’s day up. Just magick.

    I have lowered my ego during last year and I still have lots of work to do. With my daily meditation going now (today was 101-day streak for me, yayyy!) I feel less anger and can control my mind better. It’s a fine gift to have an ability to look at yourself from the different perspective, from the other side and get some realization, who you are. It’s wonderful.

    Much appreciation for that reminder of my ego still working hard, I enjoyed the article and took some good lessons today. Thank you so very much, Tim. Much love for your hard work, and sharing your life experience. I always enjoy it.

    Take care, my friend!

    • Tim Denning

      Aug 4, 2016 at 9:34 pm

      Toño I’m so glad that you see the importance of ego and how it can mess you up. You’ve never come across as a guy with a big ego and I’m glad to hear that you have worked on it a lot over the last 12 months. I love when Uber drivers treat me well even if it’s only a short trip. I have met so many cool entrepreneurs that do Uber part time and I enjoy encouraging them to live their passion.

      Thanks again Toño for your lengthy summary!

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Success Advice

How to Overcome Stage Fright in 5 Simple Steps

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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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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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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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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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