Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Saturday, 12 March 2016

Awesome advice from a dinner party

 few years ago, I was at a dinner party with a bunch of new people. There were lots of people from the self-development world and we were all getting to know each other.
It was a pretty normal dinner until one woman — who’d been in a string of bad relationships — started asking for advice from the “love coach” sitting across from her.
“It’s not about finding random men,” she said. “I keep going on horrible dates. The guys are unavailable. Why can’t I find someone real?”
It’s actually pretty amazing to hear this in public from someone you just met. I sat back, slowly chewing and loving every minute of it.
The love coach sat back and waited for her to finish. “Are you sure you want to change?”
The girl: “YES!”
And then she said this:
“You’ve been public as a single woman. You’ve written columns about going on dates. Your entire identity is about being single. If you got in a serious relationship, you’d have to rewrite that entire identity. Are you ready for that?”
I will never forget the look on this woman’s face. She was completely dumbfounded.
Of course, I found this fascinating. Even though this woman claimed she wanted to change, in reality, she didn’t want to give up being single.
Every date, she looked for the tiniest things to go wrong. And when they did, it was an instant red flag, “This guy’s all wrong for me.” In other words, she’d written off her dates and committed to staying single — before they even happened!
The most interesting part is she hadn’t even realized she was doing this until the love coach pointed it out.
How many of us have created an identity around something that’s holding us back from living a Rich Life?
The truth is, we all do this. How many of us want to change our job, lose 20lbs, or dress better? Easy to complain about it. But what if there was an invisible script guiding us to make the wrong decisions…that we didn’t even consciously recognize? (“I’m not the kind of guy who needs to change my clothing…that’s for shallow people.”)
We all have this — me included! There are things I want to do that I can’t seem to bring myself to do. And that’s why I flew one of the world’s foremost experts on changing behavior into studio for an interview.

A Harvard Lecturer puts Ramit in the hotseat

Meet Lisa Lahey, Harvard Lecturer and co-founder of Minds at Work. Lisa studies why we say we want to change — when we really don’t.
She was a guest in my Brain Trust program and gave an incredibly insightful 1hr+ long interview.
But today, I just want to highlight one part of our session in particular: where she rolls up her sleeves and puts ME in the hotseat.
We talk about the bane of my existence: delegating. It’s something I’ve struggled with a lot.
It’s actually a little uncomfortable to talk about it. But Lisa zeroed in on it and helped me uncover some of the real reasons I said, “I really need to delegate, but…” and kept putting it off.
Watch this Harvard Lecturer put me in the hotseat below.


At 7:17 she called me out on the real reason I wasn’t changing.
By the way, the lessons in this video don’t just apply to me or running a business. They apply to any situation where you find yourself talking about what you need to do — lose weight, start a business, or get a better job — and haven’t yet.
I believe you can use these insights for any challenge you’re facing and create a breakthrough for yourself with in the next 48 hours.
Enjoy!
-Ramit

Wednesday, 9 March 2016

Stuff Rich People Do: 10 Things You're Probably Not Doing Right Now


Rich people and regular people do things differently. I had the grand epiphany that if we could find out what Richie Rich does on a regular basis, then all we would have to do is copy him and be rich right? I dunno. Let’s find out.
The following is stuff rich people do:

1. Rich people want to be rich.

I know. Thanks for the late breaking news, Captain Obvious. But often it’s the most obvious answers that are the answer. I’m thinking of all five regular friends of mine right now (I have a 5-regular-friend limit). None of them want to be rich. They may say they do. But they don’t really. Read “Do These 6 Things—If You Want to Be Poor” to see if you’re regular and just don’t know it.
Here’s a quote that should encourage you:
“Nearly all rich and powerful people are not notably talented, educated, charming or good looking. They become rich and powerful simply by wanting to be rich and powerful.” – Paul Arden, advertising exec and author

2. Rich people hang out with other rich people.

They usually start doing this before they ever get rich. Have you ever seen the person you’re hanging out with yawn, and it makes you yawn? Well when you see the person you’re hanging out with make a million dollars, it makes you make a million dollars. True story.

3. Rich people stalk down many many mentors and suck their brains dry like knowledge vampires.

Let’s take me for example because I am super rich. :) I have multiple mentors for all the key areas in life that, when combined, equal sustainable holistic richness. And not just any mentors mind you—THE BEST. After all, if you’re not first you’re last, right? I cannot believe there is actually a self-help guru who says this with a straight face and means it. Stuff like that makes me pretty confident I’m going to end up being a trillionaire.
I have a business mentor. He’s a billionaire. His family invented the shopping mall.
I have a nutritional mentor. He has five Ph.D.’s in biochemistry, neurobiology, nutrigenomics, human nutrition (as opposed to monkey nutrition?) and something else no regular person would ever even think of having. He makes Dr. Oz look like… Dr. Oz.
I have a physical fitness mentor. He lives in NYC and trains strictly superstar pro athletes. I originally had to wear a Derek Jeter mask to get in with him. By the time he figured out I wasn’t the real Jeter I had already won him over with all my best CrossFit knock-knock jokes. They’re really good. 
I have a spiritual mentor I meet with once a week at my house to ask all the hardest questions anyone has ever asked him ever. He pastors an awesome church, has a doctorate in theology from the top seminary in America and got four books published. He is possibly the wisest man alive.
I have a psychological mentor—otherwise known as a shrink. He is the most insightful human being I’ve encountered to date. He thinks I’m there for inner healing. I’m actually there to see how he mind-twirks me so I can do it to other people.
I have a singing mentor so I can sing better in the shower and be prepared for when The Voice calls me. This is not a lie. I really have this.
And on. And on. And on.
There is no need to reinvent the wheel. Simply track down the wheel inventor and then just ask him how he came up with that idea. I mean… that was one heck of an idea, man. For real.

4. Rich people teach other people stuff rich people do.

What new thing did you learn today? Nothing? You suck. Take out a piece of paper, write today’s date on it and light it on fire. That is symbolic of what you just did with your day. You know you only get about 29,000 days, right? Then you die. Think about that. 28,999 … 28,998 …
Maybe don’t put the fire out and just let it burn your whole life to the ground. Because if you keep doing what you did today too many more times that’s what going to happen.
Always be learning. And always be teaching other people what you just learned. It will both help you remember it better and make other people think you know things. Everything in this article? I just learned today. I am going to take out a piece of paper, write down today’s date, pour champagne and do a victory dance all over it. 

5. Rich people connect rich people with other rich people.

I’m constantly telling winners about other winners. I just figure if someone is winning and they just helped me win something, they should be rewarded with free advertising from my mouth. This builds your goodwill account with lots of rich people. What comes around goes around. You do this often enough, and the whole world will love you and use their good will to make you rich.

6. Rich people work like their lives depend on it.

Their lives do actually depend on it, of course. So this just makes rich people rational people. How many hours do you work every day? Double it. Or stop complaining.

7. Rich people do what they’re good at.

What are you unusually good at? Get 100 times more good at it and then reveal yourself to the world. Don’t forget to charge money for it.

8. Rich people do not work for what they would do for free because they love it so much.

That is literally the dumbest thing rich people have ever heard.
If rich people had all the money they wanted and could do anything they wanted with their time, they would lay on the freaking beach and have a Mai Tai with an umbrella in it just like every other human being on planet earth. This is true of rock stars, movie stars and possibly, but not definitely, even porn stars. You could say it’s not true of Donald Trump, but I promise you if money was not involved, he would not be trading real estate.
Work, no matter what type of work, is a grind. Forget doing what you love. Do what you’re great at.

9. Rich people save their money.

I used to not believe this. I made such an obscene amount of money at one point that I literally just thought I could make it infinitely. Then I stopped making it for some normal cyclical reason that shouldn’t have been surprising but was. That’s when I realized you have to save it. SAVE YOUR MONEY.

10. Rich people finish every single thing they start. Especially my articles.

Regular people start things and rarely finish. Rich people would rather bungee jump off a bridge with the bungee cord tied to a baby rabbit that’s not tied to anything than not finish something. I could be reading the worst book on earth, and I simply cannot bring myself to not finish it just because that’s how much I hate not finishing things. Start it? FINISH IT. Or just don’t start it at all.
- See more at: http://www.success.com/article/stuff-rich-people-do-10-things-youre-probably-not-doing-right-now#sthash.LR9OWlSi.dpuf
http://www.success.com/article/stuff-rich-people-do-10-things-youre-probably-not-doing-right-now

Saturday, 27 February 2016

How to Get Your Confidence Back in 5 Minutes or Less


There’s never a dull moment in business and life—not with the triumphant wins and the inevitable lows that come with them. The ups and downs can feel like a (crazy) emotional roller coaster ride. While common sense advice says to “think more positively” or see setbacks as just “bumps in the road,” failure is not an option for the time-crunched. Sometimes you just need an extra boost of confidence.
So how can you deal with self-doubt when the show must go on? Daily grounding practices can help turn things around—and quickly. These three mindset hacks take less than five minutes a day:

1. Hold a high power pose for two minutes.

In her famous 2012 TED Talk, which now has over 30 million views, social psychologist Amy Cuddy shares the science of body language and confidence. The associate Harvard professor conducted a study of those who held high power poses versus low power poses for two minutes before entering a job interview. Those who did the high power poses fared better than those who did the low power poses. The study showed that those who power posed had higher levels of testosterone and lower cortisol (the hormone responsible for stress). Their physiology affected the way they felt and allowed them to take more risks.
In Presence: Bringing Your Boldest Self to Your Biggest Challenges, Cuddy writes, “You want to take up as much space as you comfortably can.” So before a challenge, such as pitching potential investors or speaking to a large audience, practice power posing. This can be done in the morning when you first wake up, or if in public, you could also do this in an elevator or bathroom stall.
Try this superhero pose: Stand up straight, shoulders back, chin up with hands placed on your waist and legs hip-width apart. Feel yourself powerful and hold that pose for two minutes while taking deep breaths. You can also try a starfish-like pose where you raise your hands up in the air into a “V” shape and imagine yourself the victor at an Olympic event.

2. See the big picture of your life via your future self.

While it may seem arbitrary, having a long-term vision of yourself, even in your mind’s eye, can potentially put things into perspective. In the event of saving for retirement, for instance, before we’re likely to invest in ourselves, we have to like and respect our future selves. It helps to have a clear picture of who that would be.
Cuddy discusses a 2014 neuroimaging study done by UCLA professor Hal Hershfield in which he had people imagine themselves 10 years into the future. When he showed subjects age advanced photos of themselves and gave them an opportunity to invest, they were twice as likely to put money into the account than when not shown photos.
Cuddy further suggests, “You want to decrease the perceived gap between the self in the present and future.” Try it now. Imagine yourself in the future looking back on this challenge to gain perspective. Use print age processed images of your future self from this online tool if you feel so inclined.

3. Practice gratitude now and in the future.

It’s another way to gain perspective after a setback. Jenn Scalia faced challenges when she first started her business as a visibility and confidence coach. After dealing with a layoff, divorce and debt, the single mother knew she had to make some changes in her life if she wanted to see improvement. She not only invested in herself through online business and coaching courses, but also did daily practices, which helped her turn things around from $0 to half a million in revenue.
She says, “One of the first practices I committed to was doing daily gratitude. It's really simple and it's a great starting point for anyone who wants to start attracting more abundance in their lives. Every night, I would reflect on all of the amazing things that I experienced in my life. From running water to a compliment from a friend to getting a new client. Gratitude allows you to focus on the positive things in life—a lot of things we take for granted—and put you in a positive, high vibe.”
She continues, “Once daily gratitude became a consistent habit, I started incorporating gratitude for the future. In other words, gratitude for the things I wanted (but didn't have yet). For example, I would give thanks for booking two new clients who paid me in full—even if it didn't happen yet. This is really effective because the mind doesn't know what's true and what's not true. So when you affirm what you want in the present tense, you actually start to believe it.”
So, replace a statement like “I want two new clients this month” with "I am so happy and grateful for two new amazing, paid-in-full clients.” This specific phrasing pulls what you want toward you.
To recap, try grounding practices such as power posing, envisioning your future self in the context of overall life and practicing gratitude. These simple practices will help you get back in the game with more gusto.
Source: http://www.success.com/article/how-to-get-your-confidence-back-in-5-minutes-or-less?trk_msg=37JN5LHGDVEKJ2NMBHH424HMAO&trk_contact=KFODKVH1KB9UT13TLCQI58HKAG&Source=mars_20%40hotmail.co.uk&Content=mars_20%40hotmail.co.uk&utm_source=Listrak&utm_medium=Email&utm_term=http%3a%2f%2fwww.success.com%2farticle%2fhow-to-get-your-confidence-back-in-5-minutes-or-less&utm_campaign=How+to+Get+Your+Confidence+Back+in+5+Minutes+or+Less&utm_content=mars_20%40hotmail.co.uk

Wednesday, 24 February 2016

Business Tips: How to Start a Successful Business

In order to have a successful business you always need to be moving forward. This means learning more, setting new goals, and reaching milestones. I think the best way to achieve and earn more in as little as 90 days is to focus on the people around you and your personal goals. Your business is more than just its brand, you also need to pay attention to those that are working with you, and your time outside of the office. Earning isn’t just what the business brings in and churns out, it’s also about your approach and what you put in and get out of it.
Goal setting
The only way to earn more in 90 days is to set goals. This way you are focused and have a target in every aspect of your life. If you’re running your own business you’re working even when you’re at home with your family. 
In order to move forward you have to focus on your purpose, not just your business. So many people label themselves as the company they work for but that’s not true at all! Your purpose is what you work to do no matter who your boss is. I think you should goal set by recognizing the people in your life, and setting personal non-work goals. 
These areas will encompass all that work with you and for you, as well as your time out of the office. In order to achieve more in three months you need to focus and you can do that through goal setting.
 Recognize People in your Life
In order for your business to be successful you need to have people, and those people will work harder for you if they feel appreciated. You need to bring these people together and make them feel important. 
Making all the people connected to your brand feel amazing is a great way to boost morale and get more done in less time. This can be done with something rewarding in addition to praise. Give them the credit they deserve, without them you couldn’t do what you’re doing.
Another person you need to acknowledge is your significant other. That can be your spouse, partner, best friend, or sibling. Basically the person who matters most to you needs to be recognized and shown how much you appreciate them. This should be done once a week throughout the 90 days, so 12 times. You can do things like a date night or special dinner, a heartfelt card with a personal letter, a little gift, whatever would make your person feel extra special and significant.
Personal Goals
Setting personal goals can be difficult because you may feel like you don’t have time outside of your business for yourself. In order to achieve all that you want in your business you need to focus on self-care as well, or you’ll burn out and the business won’t move forward. 
Personal goals should be setting a weekly goal for fitness and one for restoration. Being active will help you be more productive in the office, and taking time to rest will help you take care of yourself. Make sure each goal is specific and measurable so you can evaluate your progress.

Saturday, 20 February 2016

How a Work Ethic Gives Your Kids an Advantage

Every business leader knows that you can prepare and plan all you want, but success often hinges on how willing you are to hustle when everyone else is taking it easy. Sometimes what you need to succeed — and what your children will need to succeed — seems to be in rare supply: a diligent work ethic.


As a small business owner, I’ve done a lot of hiring over the years. In my experience, more and more young people seem to want a high-paying job right from the start, but they don’t have the work ethic required to achieve it. I hear a lot of talk about raising the minimum-wage level but not the minimum-work level.
As someone who truly values my staff, work ethic is one of the things I notice that makes any employee stand out. I can usually tell within the first few days if he or she has a good work ethic. I try to determine that in the interview process, but sometimes it is challenging based on what people say. It’s what people do, not what they say, that reveals their true work ethic.
I don’t define work ethic as what people do when they are around me. The true test of someone’s work ethic is what he or she does when no one is around. How well do you work when you think no one is watching? That’s what reveals your true work ethic, because it reveals your true character.
How well you work when you think no one is watching reveals your true work ethic.
The Wisdom of Solomon says, “Those who work hard will prosper.” I’ve certainly found that to be true in business. Because we want our children to be ready to succeed in the real world, we’ve tried to be intentional about instilling a diligent work ethic in each of our kids.

Why Work Ethic Matters for Children

Here are a few things we do for our children when we help them develop a diligent work ethic:
  • We give them a competitive advantage. When so many of their peers expect to be rewarded simply for showing up at their jobs, our children’s work ethic will immediately separate them from the rest. Want to position your kids for career success? Teach them to work hard.
  • We provide them with the drive to succeed. Succeeding in business — and life, for that matter — means always trying to improve. A healthy work ethic teaches them to seek opportunities to grow and change, even if no one else seems to care.
  • We encourage them to start something. A healthy work ethic feeds the entrepreneurial spirit. It moves our children to get up off the couch and do something. If we don’t want our children living in our basement for decades, we should teach them the value of getting to work and making something happen.
  • We empower them to push past failure. When our children see what can be done if they are willing to work hard, they begin to believe that what most call impossible may, in fact, be pretty doable. Teaching them to work gives them the determination to get back up and press forward when most people choose to quit.
  • Source: http://marktimm.com/how-a-work-ethic-gives-your-kids-an-advantage/

Wednesday, 13 January 2016

THE FIVE BIGGEST TIME WASTERS IN YOUR BUSINESS

The Power of being-2
As business owners, we often talk about how busy we are, to the point where if someone tells us that we’re wasting time with our business it feels almost like a personal insult! But the hard truth is, there’s a huge difference between just being busy and being busy doing the right things. The even harder truth is that it can be hard to see that difference when you’re already in the middle of doing things. So let me clear a few things up — here are five of the biggest time wasters in your business:

Unlimited connection

I absolutely get that you’ve got to be connected to run a business — but what so often gets overlooked is the need to disconnect regularly, as in, as part of a daily practice. If your phone is constantly pinging with updates, you’re going to be constantly reacting and your plans are going to go out the window. Likewise, I know how easy it is to fall down a Facebook hole (believe me, it’s my Achilles heel!) but even if you tell yourself that you’re networking or doing it for business, you know deep down that’s not what’s going on.

Doing it all yourself

There’s a reason that businesses — and humans in general — work best when there’s a team involved. When you try to do it all yourself, you end up spending so much time on the things that aren’t your strengths that it really takes away from the great work you do when you play your strengths. I say this at every single event I attend: outsource, outsource, outsource.

Unfocused professional development

AKA, just one more course syndrome. It’s so easy to fall into the trap of thinking that if you know more, then your business will do better. And while I’ll never advocate trying to go it alone or diving into something without a plan, there’s a time when you have to just go for it if you ever want to make progress. So go to courses, learn from the best, but do it strategically. If you don’t have a specific, measurable result that you want to get out of the course, ebook, or free download, then you should skip it, at least for now.

Poor boundary setting

This one often stems from really good intentions. For instance, you may try to be really generous with your time or your skills, which is a lovely thing, but if you let it get out of hand then it will suck the life out of your business. You know what I’m talking about: giving away long free consults, talking to potential clients for hours on end or through email after email, doing “just that one more little thing” that your client asks you for when you know there’s something else you could be doing … bottom line, getting your boundaries in place is key for your business. It also keeps you from getting resentful (which will absolutely happen if you let people roll over your boundaries over and over again) and will allow you the flexibility to practice generosity on your terms, not as a default.

Perfectionism

How many times have you sat on an email for an hour because you’re just not quite sure it’s right yet? How many times have you delayed a launch because you want to keep tweaking things just for one more week? Perfectionism is a huge time waster, and it’s really common in entrepreneurial businesses because most entrepreneurs are naturally high performing, give-the-best type of people, which can make it hard to ship. So just remember, done is better than perfect — and you can always go back later to change something or make it better IF you get feedback that merits it.

So how about it — do you see yourself in any of these? And what are you going to do today to change that?

Friday, 20 November 2015

Are You at a Threshold Moment?

We all have those times where we can just chug along in our businesses and lives... la la la la. We're good. We're happy. It's status quo at its best.
And then that all changes. We want more. We're ready. Status quo is not good enough.
So, then we have a decision to make.
                                           Source: https://500px.com
I call this a threshold moment or a choice point because it usually involves taking a conscious step - passing over that threshold or choosing a different path from the one you're on.
It can be scary, and what I know is that in order to cross over that threshold, the potential result has to be stronger than the fear of change. And many people can't do it.
The unhappily married woman who complains day after day about her husband not taking any responsibility for the kids or the house, and yet won't let him make a single decision, like what to eat, on one of the rare occasions when she's out for the evening.
The woman who goes to a women's business conference every year and approaches a coach about writing a book. They even brainstorm a kick-ass title. Year after year, she comes back to the booth and says, "I still haven't written that book."
The business owner who says she wants things to be different and even creates a plan for big changes. But when it comes time to implement those changes, she backs down, and rails against the person who partnered with her to make those changes.
The consultant who says she needs to create boundaries with her clients, but it takes her months to put those changes in place. Then, when she does, at the first sign of complaint from her clients (who have gotten used to her loose boundaries), she returns everything back to the way it was.
People may say they want things to be different, that they want to step into their biggest, brightest, highest selves.
But when it comes down to it, change at that level is too big and scary.
It's not that they didn't mean it when they said they want XYZ. They do want XYZ. It's just that what they have to do - who they have to be - in order to get XYZ... they're not willing to do that.
Change isn't easy. It's made up of baby steps and then, at other times, leaps. No matter how many baby steps you take, eventually you have to leap. And that leap is scary. And rarely do you ever get the message, "This is the right time. Everything is absolutely in place. It's the perfect time."
There are always doubts. And you have to leap anyway.
The end goal that lies beyond the threshold? To be that biggest, highest, brightest self.
So, how do you cross over the threshold?
  • Keep the end goal in mind... and FEEL it. What does it look like, smell like, sound like, taste like? What are you going to be able to do as a result?
  • Listen to your Inner Critic Gremlin, and then come up with the data to prove him wrong. "You never finish anything." Your response: "Sure I have... Lookie here... This time, and that time, and this other time." Write the data down to refer to because the Inner Critic Gremlin will poke his head up again and again.
  • Create your Action Plan to get to what lies beyond the threshold. What are all the steps you can take? Write them all down, even the littlest ones. Especially the littlest ones. And then take at least one step every day.
  • Review your end goal and your Action Plan regularly to keep you on track.
  • Build a support system. Share your goals and dreams with others. Ask them to check in on you. Report back to them, no matter if you're happy with your progress or not.
  • Every so often (the time frame may vary depending on your goal), list all that you've accomplished toward your goal. People almost always do more than they think. Write it down so that you can see how awesome you are.
  • Celebrate once you've reached your goal. Don't just move on right to the next one. Breathe, take some time, and feel into your new place across the threshold.
And then get ready for the next one.
Source:http://ezinearticles.com/?Are-You-at-a-Threshold-Moment?&id=9201167

Article Source: http://EzineArticles.com/9201167A

Sunday, 8 November 2015

What Is Mentoring?

What is mentoring? Mentoring is the process of having a particular person, or group of people, relegated to teach, motivate and guide you toward a certain goal. 
The internet marketing world lends itself perfectly to having a mentor. Just about every successful internet marketer I know or have heard about started their road to success by having a mentor. With all of the loads of information being thrown at you while trying to become a successful online marketer, it is very hard to sort through it all and figure out what is relevant and what is just fluff. 
                                           Source: http://carolepemberton.co.uk/
Even after finding out which information is relevant to your cause it can be frustrating trying to figure out where to begin. A mentor can be the perfect person to help you comb through all of that information and find what is really important while at the same time helping you understand the best starting point to help you achieve your goals. This way you are getting tips from someone who has been through it all, knows the ins and outs of the industry and has overcome all of the obstacles to become successful. It is like getting advice on your golf swing from Tiger Woods.
Mentors are especially plentiful in the internet marketing niche due to the high demand for people that are "in the know" on this subject and can teach others how to be successful online. 
It is extremely difficult to succeed as an internet marketer without someone to show you the ropes and point you in the right direction. Despite all the online affiliate marketing advertisements that claim you can start making thousands of dollars a day immediately with hardly any work at all, it IS very hard to be successful at affiliate marketing. These advertisements are designed to get you into a state of mind where you start to believe these exaggerated claims of instant success because they trick your mind by making it look easy and showing you all of the great things you will have like cars and mansions and beautiful women.
You need to know how to look past all of that and at what they are really selling. A mentor has already learned all of the tricks of the trade and endured all of the bumps along the way that you will never have to endure if you have a mentor. This way, you will not make the same mistakes that they did at first or that they may have avoided by having a mentor themselves.
http://EzineArticles.com/expert/David_Maguire/285817

Article Source: http://EzineArticles.com/9212963

Wednesday, 28 October 2015

THE 5 CORE CHARACTERISTICS OF GREAT ENTREPRENEURS

I’ve worked with and mentored a lot of entrepreneurs over the years. And whilst we all love to analyse the theories and strategies that we can learn from others to make things work better in your business as for an entrepreneur, we often forget that there are also character traits that we could look to develop as well. You can read all the books in the world, but theories are useless unless you learn to adopt some of these characteristics:
                                Source: http://www.shaa.com/entrepreneur-characteristics/

Consistent boldness

Most entrepreneurs are naturally a little ballsy, but it’s not enough just to come up with a great idea or to start a business — you have to be consistently bold enough to stand by your idea, to keep pushing forward even when it seems like you’re making a monumental waste of effort, and when everyone around you just doesn’t see a happy ending. You also need to be bold enough to realise when you are stuck on a dead end road and it’s time to do something different.
You also have to be bold in putting yourself out there. Many people avoid doing this because they don’t want to feel sleazy or like they’re hard selling people, but unless you can get over this, nobody’s going to know about you or care about you.
Finally, you have to be bold in asking for what you want. Of course it’s totally terrifying to ask someone for something that you really want, but you will be amazed by how often people actually do help if you tell them how and if you ask the right way. For instance, Seth Godin had no idea who I was when I emailed him asking him for a testimonial for my book. But because I was bold enough to put myself out there and because I wrote to him in a way that appealed to him, I was able to get an incredibly valuable endorsement. A good sense of humour always helps too!

Speed

I know I’m surprising absolutely no one when I say that things move fast as an entrepreneur. To be a great entrepreneur, you’ve got to be able to work fast and still keep the quality of your output high.
That’s not to say that you can’t do great things if you like to think or act more slowly — but if you are like that, then you’ll probably need to get a partner or a group that will balance you out and force you to act. Otherwise you’ll likely stagnate.



Flexibility

A lot of people mix up being flexible with being flighty. I’m not saying that you should just dabble in things or totally scrap a project at the first sign of trouble. You need to be focused and unshakeable on your big goals, but in parallel with that, you have to be able to be flexible with how things unfold day to day.
Being too rigid will cause you to lose a ton of opportunities that come up along the way, because you will be too focused on following your planned steps instead of recognizing opportunities that could get you to your end goal even better. So learn to pivot, and be flexible when you need to.

Perspective

Having a sense of perspective is absolutely critical, because working as an entrepreneur usually feels a little crazy and because you’re going to fail hideously at least once. If you get so wrapped up in what you’re doing that you can’t take a step back, see the humor in situations, or dispassionately look at your failures to see what you can learn from them, then this probably isn’t the path for you.



Resilience

Finally, you’ve absolutely got to be resilient, certainly in the face of failure, but also just in terms of daily life as an entrepreneur. It can be really hard when you’re working for yourself — people don’t really get what you do every day and sometimes they might even think you’re just ‘messing about’. Resilience is what keeps you going, both when you get hit with a big failure or just the everyday crisis, so it’s essential that you learn how to bounce back.

Monday, 26 October 2015

The Money Mindset: How You're Sabotaging Your Start-Up

Ever stopped for a moment to determine your money mindset? If yes, what is it (without any airy fairy stuff) and how can it help or hinder start up success? Are you already into making big purchases just like me? Regardless of whether it's a new condo, a new car or even a really expensive pedigree cat, all these just seem to be dancing to the same tune - "but do I really need to spend all this money?"
                                          Source: http://www.bloomberg.com/
What is it?
The first time you hear the words - money mindset - you'll be tempted to assume that it's one of those things that other people do to convince themselves that they'll become successful if they depend on the universe to support them... This sounded too far-fetched for my liking and it wasn't long before I realized that it was less about chanting and more about setting SMART goals, releasing the fears that come with attaining success.
Quite simply, working on your money mindset is basically about analyzing the beliefs that surround your finances; understanding your core beliefs around money, where they come from and setting up ground to challenge your own thoughts to help create a positive mindset that invites success into your business.
What can I do to fix it?
Developing a positive relationship with your finances is all about understanding your own fears and how they relate to money. Some of the most common beliefs that most people have to deal with include "Success has always been difficult to attain", "I have to work extremely hard to attain success" or "only thin, pretty women get successful." Begin by understanding the source of these beliefs to help pave way for challenging them.
Create post-It notes and stick them on the fridge, your computer screen or even the mirror. All of these should say things such as, "I attain my success by offering a valuable service to my client," "My client has more than enough money to pay me" and my all-time favorite, "There is room for improvement." Beliefs and not your skills are keeping you from attaining the so-desired success. Those same beliefs will keep your business from growing. These are the same beliefs that will encourage you to skip precious sales conversions, are responsible for your nervousness about charging the right price for a particular service and will still set you up to fail; if you don't believe in the value of what you offer.
Tips to Help You Deal With Your Money Mindset:
If you are in the process of improving or re-creating your money mindset, there are some tips you'll need to keep in mind:
Take your time to fully assess your finances and financial capabilities let alone your beliefs around money and how the two relate. Are you a natural worrier? Do your emotions change with fluctuations in your finances? Where did you learn this behavior and how can you overcome it?
                                           Source: http://www.vision-framework.com/
Lastly, be kind to yourself. In spite of all the hype, fixing your money mindset doesn't happen overnight. If you're deep in debt, start by creating a repayment plan that helps you focus on your goals. If you're scared of setting up your own start-up because it might take long to recover the money, go out and promote yourself and begin generating revenue. If you need more support, consider speaking to a Business Coach to help you work past your financial blocks and help you put an end to sabotaging your own business before it even takes off.
Swati is a postgraduate in English and an MBA. She writes articles, blogs, web pages, reports, press releases, product descriptions, eBooks, sales letters and newsletters. She is passionate about health & fitness and loves to help people who are on a weight loss journey. Visit Swati's blog now if you would like to receive her FREE report titled "Lose 10 Pounds in 1 Week and Keep It Off".
Article Source: http://EzineArticles.com/expert/Swati_D_Banerjee/617179
Article Source: http://EzineArticles.com/9164728

Monday, 12 October 2015

Get a Life Coach - The Profession is gaining popularity and credibility.

"Suppose you're having trouble riding a bike and want help," says Gent, a Madison-based life coach. "A therapist says, 'Let's talk about your past experience with the bike.' A consultant says, 'I'm going to ride the bike and become an expert so I can create a model for others to follow.'
A coach says, 'Tell me where you want to go and how you want your ride to be.'"Gent likes to keep the focus on the future and empower her clients to believe they are capable of achieving their goals -- some might want help determining their next steps in life, for instance, or overcoming fears of rejection and failure.

Although life coaching, which has been around at least since the early 1990s, has a touchy-feely reputation, the profession is growing.

One reason for life coaching's increased popularity is the state of the economy, says Jay Loewi of Madison human resources firm the QTI Group. When a recession hits, he says, companies pull back on leadership development to save money. As business improves, they begin investing more in employee growth initiatives like coaching. 

The increasing number of people starting their own businesses is another factor. According to a 2012 study commissioned by the International Coach Federation (ICF), there are approximately 47,500 professional coaches worldwide, with the industry taking in nearly $2 billion annually. 
A report from the U.S. Bureau of Labor Statistics predicts that two of the fastest-growing industries between 2010 and 2020 will be “individual and family services” and “community and vocational rehabilitation services.” Life coaching could fit under either category.

Individuals are hiring coaches to help with everything from improving time and task management to navigating a career change.

Madison is becoming a hotbed for startups, and that creates a need for leadership, says Sarah Young, who worked at Epic Systems for seven years before she became a leadership and life coach in 2013.
Young says 70% of her clients are either full-time entrepreneurs or considering starting a business. While these individuals are full of ideas and exuberance, there's a seldom-discussed "dark side" of entrepreneurship that can reveal itself when things hit a rocky patch.

"The life of an entrepreneur can be lonely. It opens up a whole new world of potential burnout, stress and sabotaging thoughts," Young says.

One of Young's clients is Brian, a UW graduate student and entrepreneur who did not want his real name used; his startup develops tools to provide personalized heath cost estimates. Brian met Young through 100State, a downtown co-working space; they started working together earlier this year. He was feeling inert and didn't always have a good reason for doing something a particular way.

That's changed. Brian says coaching has made him more productive, assertive and confident. He likes being able to use Young as a sounding board, and that sessions are his time to reflect.
"It's good to have somebody to bounce ideas off of and who allows you to get out of your own mind, set goals and think about how you're doing things," he says. "Making decisions used to be paralyzing, but if you start to trust yourself, it becomes a lot better."

                                          Source: http://www.pickthebrain.com/

Laura Gleisner, who has worked as a coach in southern Wisconsin for over a decade, says workers today have a different concept of career than previous generations.
"It used to be people found their jobs and stayed there even if they weren't happy," she says. "Now there's a mindset that it could be different and there's someone out there to help me create the life that I really want. Many millennials have jobs that require them to be creative problem-solvers. That's a natural fit with coaching, because you're working with a thought partner to figure out what you want."

There's even a UW-Madison program that trains and certifies new coaches. In 2013, the school's Division of Continuing Studies began offering a Professional Life Coaching Certificate (PLCC). Lead instructor Darcy Luoma, a life coach herself, says she and program director Aphra Mednick saw the program as a way to make the university a regional pioneer.

"As we started to do market research and created a spreadsheet of coaching programs, it became clear there was a huge gap in the Midwest," Luoma says.
The timing has proved fortuitous. The UW now has the Midwest's only academic program that meets certification requirements for the ICF, the industry's biggest accrediting organization.
The UW's nine-month program is marketed to aspiring coaches, current coaches seeking extra polish and professionals who coach their direct reports and others in their organizations.

So far, life coaching's barriers to entry have been low. Anyone can start taking clients and charging them, so certification can be a marker of legitimacy. Abby Heverin, communications coordinator of the ICF, says just under one-third of coaches are credentialed by the group.

The cost of the UW's PLCC program is $8,500. Throughout the program, students work with their own coaches. Mednick says this role reversal especially benefits students considering starting a coaching business.
"It forces you to think about why people should want to sign up with you," says Mednick. "That first contact is especially important. How did the coach make you feel at ease? How did you know this is the right person?"

Students learn to take a holistic approach to coaching, looking for patterns across clients' work and home lives. Luoma believes the two cannot be separated. "Who you are and how effective you are in a professional setting is impacted by your other relationships," says Luoma. "You could be a hotshot lawyer or vice president, but be having a divorce and your kids hate you. Is that a definition of success?"

Mednick says students, who range in age from 20-something to 60-something, learn the "pure coaching model": Coaches ask clients questions without offering advice or solutions.
Pam Peterson, one of the first students to complete the program, says adhering to the pure coaching model was her biggest challenge.

"I learned I need to go into conversations with no judgment, be completely open and let the client drive everything," says Peterson, director of human resources and organizational development at UW Credit Union.
Peterson is one of two certified coaches on staff at the credit union, which she says has a "coaching culture" that permeates all management ranks. Coaching is available for entry-level workers all the way up to executives. Most employees seek coaching voluntarily, though "sometimes we nudge or strongly encourage someone," she says.

Peterson says since the credit union developed a formal coaching framework four years ago, it has been able to fill more management openings from within: 83% last year, compared to 77% in 2012 and 50% in 2011.

Other large employers in the area are also bullish on coaching, says Dan Loichinger, who has eight years' experience coaching executives. He says American Family and CUNA Mutual Group both groom employees for future management positions by having them work with coaches.
The 2012 study by the International Coach Federation found that 47% of all coaching engagements last between four and six months. 

When a client and coach have worked together to achieve a specific goal, like getting through a career transition, it often makes sense to schedule sessions less frequently or stop them altogether.

But some, like Brian, the graduate student and entrepreneur, just want to keep on rolling.
"I think I would like to always have a coach," he says. "Even when you're doing well, the same thinking and bad habits can come back to you. It's good to have someone there to talk through issues or anxieties you may be having."

- See more at: http://www.isthmus.com/news/news/get-a-life-coach-the-profession-is-gaining-popularity-and-credibility/#sthash.mb1yy0g1.dpuf