Xmas and New Years is around the corner.

If you’re an entrepreneur or self-employed, chances are you struggle with taking any real time off. Sure, your lifestyle may allow you to “work from anywhere,” but you’re not recharging the batteries when you’re chained to your smartphone or iPad, even while sitting at the beach.

It’s never easy for a business owner to take time off. For starters, taking a week off usually means no paycheck for that time. Ouch. And more importantly, when you're a solo entrepreneur or small business owner, there’s the very practical matter of figuring out who's going to mind the shop and take care of clients in your absence.

Fortunately, with many clients and vendors also taking vacations for the holidays, the end of the year is practically the one time when it’s easy to sneak in some guilt-free and stress-free time off.

Here are a few tips to make your holiday time off as smooth as possible:

- Give advanced warning.
Everyone is expected to take time off at some point, and any reasonable client or customer shouldn’t bat an eye if you want to take a vacation, particularly on the days surrounding Christmas and New Year’s.

The key is to give clients, vendors and any other business contacts a sufficient heads up that you'll be gone. Nothing is more frustrating (and unprofessional) as talking to someone one day, then emailing them a few days later only to get an auto out-of-the-office response that he or she will be out for a week.

Give your clients and colleagues plenty of time to ask you about any paperwork, projects, invoices, etc. that they might need while you’re out. If you’re lucky enough to have a point person (who doesn’t mind working this time of year), let everyone know his or her contact information. Likewise, if you’ll be checking email or voicemail while out, let people know your parameters. Showing clients that you care about their needs upfront is the key to having a successful vacation without jeopardizing business and relationships.

- Set your 'online' expectations.
Most experts advise that you should unplug completely during your time off. However, since I rarely heed this advice myself, I’m not going to expound upon it here. Rather than leaving my Android behind altogether, I’ve found it helpful to strike a healthy balance between work and home.

For example, when I’m with family and friends, I want to be 100% present. I don’t want to check my email sneakily Christmas morning or be distracted while out catching up with friends. So, I will leave my phone or tablet aside for hours at a time, then excuse myself to catch up on work for half an hour or an hour at a time. Some entrepreneurs choose to set aside one or two hours each morning or evening for work matters.

There's no single approach that works for everyone; the key is to find what’s right for you. But remember, a critical part of any vacation is downtime — and it's hard to rest your brain when all your tech tools are demanding your constant attention.

- Focus on the big picture during downtime.
With so many businesses shutting down at the end of the year, it’s common for many entrepreneurs, particularly freelancers and contractors, to experience a slow-down in work whether they plan it or not.

If you find yourself with some quiet days or hours, make the most of that time. If you find yourself with some quiet days or hours, make the most of that time. Instead of just tending to some day-to-day work for the sake of staying busy, focus on the big picture instead. The end of the year is a perfect time to reflect on where your business has been and where it’s going. Think about what worked and what didn’t, where you can improve, which products or services were profitable, and how you can better address client needs in the coming year.

- Make sure your team has balance, too.
Remember that you're not the only one with family and friends this holiday season. If you have employees or contractors working for you, make sure that they feel comfortable and encouraged to enjoy the holidays and some down time.

That way, there will be no resentment and everyone will be ready to hit the ground running in January.

- Say 'no' if you start to feel stressed.
Being an entrepreneur is a stressful activity just on its own, without the added holiday pressure of travel plans, family get-togethers, holiday shopping, end of the year parties and more. The stress can take a toll on even the most zen person among us.

If you start feeling overwhelmed, chances are you're overcommitted and it's time to pull back. Drop a social engagement or two: It's far better to truly enjoy a few things than feel stressed and frazzled while trying to force everything in.

For your business activities, focus only on the most important items that need to be accomplished; one trick is to make a list of what needs to be done, and ask yourself which one would make the biggest difference to your business (hint: it’s not always responding to whoever is complaining the loudest).

- Don't apologize.
Most importantly, don't apologize for taking time to relax and enjoy food, drink, family and fun. A break gives our bodies and minds a chance to rebuild and refocus. You’ll come back in January with a fresh perspective, ready to take on more challenges and be more efficient than before.

Have something to add to this story? Share it in linkedin.

Failure-friendly

In the past 10 years, the culture around entrepreneurship has become increasingly failure-friendly. Serial entrepreneurs hop from one failed business to the next and billionaire entrepreneurs like Richard Branson wax on publicly about their failures almost as much as their successes. Still, "no one likes to fail, we are hardwired for success."

But what if you could actually use failure to help you succeed? Here are some keys to start failing your way to success:

Call failure something else.

When was the last time anyone got hired for a senior-level position without any experience? For serial entrepreneurs, "experience" is simply another word for "failure". By labeling a failed effort an opportunity to expand your knowledge base, you're framing it in a more positive light, allowing yourself to add to your credibility as a more seasoned entrepreneur.

Use failure as a stepping stone.

With every failure, identify what you know you did wrong and be conscious not to repeat your mistakes. This will bring you one step closer to success.

I've never heard a millionaire entrepreneur say they hit it right the first time out. The bigger they are, the more they've typically failed.

Never fail alone.

Entrepreneurs like to be trailblazers. But make a mistake on your own and you might have a hard time determining what went wrong. Having a partner you trust and respect can turn every failure into an opportunity for collaboration. "A good partner can help you determine what not to do again.”

Don't hide your failures.

Be proud that you were brave enough to take a risk in the first place. By being forthright about your mistakes, you open yourself up to learning from others.

Baehr's mentor, Walter Hailey, whose insurance company Lone Star Life Insurance went on to become a Kmart insurance company, used to take an hour-long walk at 5 a.m. every morning with a group of close friends to talk about ideas, successes and failures. "By the time they got back to the house, they had solutions," says Baehr. "They had a plan for the day."

Redefine what you want.

Revisit and refocus why you got into business in the first place. Look for your emotional motivators. We are emotional creatures. Logic doesn’t motivate us. Most people only half-heartedly decide they want a lot of things. You have to get really clear on what you want.. 

"The question is: How badly do YOU want it?"

Why is dialogue essential in feedback?

Giving feedback to your colleagues and employees provides them with an observer's insight into how their performance is progressing, as well as advice to solve any problems. But, for a number of people, hearing the six words, "Can I give you some feedback?" generates fear and anxiety. The words go through a translator in our brain and are heard as, "Can I completely tear you down?" It can be perceived that the person giving the feedback is somehow superior to the person receiving it, putting the receiver on the defense.

One of my dear friends Karin Ulfhielm (http://www.vargkask.se/) wrote this that I really wanted to share with you all.

For many reasons dialogue is essential in feedback. I have outlined the three most important below.

1) Our definitions and experiences of feedback differ, interpretations differ, perceptions of words differ, therefore semantics matter. My definition of a word may be completely different from yours. Our way of using language differs. Some people use a very bombastic language rich with words, while others are more cautious and modest both when it comes to the choice of words and the number of words. It is almost as if we are meant to misunderstand each other. Anyone for a dialogue?

2) We all have “blind spots”, meaning that you don’t necessarily see how your behaviour affects others. The same can be said for everyone around you. You see things in your peers that he or she may not be aware of. Thus, we affect each other in ways we are aware of, but - perhaps even more - in ways we are unaware. We need others to help us become aware of how we affect them. If we choose to act on that awareness or not, is the NEXT step. If we are not aware, we do not have the choice to take the next step. Therefore, we need to initiate dialogue in the form of reflection, active listening and clarifying questions in an elegant and tasteful mix.

3) Our defence mechanisms and “triggers” stop us from reaching the understanding of the feedback we are given. If we are only served with the attitude “I as a giver, am right and you as a receiver are wrong”, we will never get to the source of development and learning which lies in feedback from others. Hence, there has to be dialogue about how we interpret each other and how we affect and influence each other.

The big challenge lies within understanding the feedback we are given. We as givers must be aware and observant in making the feedback “recievable.”  For example, be as concrete as possible with examples on the behaviour we want to illustrate. As a receiver, control our defence mechanisms, so we - at least to begin with - actively try to understand what the feedback is really about. Dare to be curious. Dare to ask more questions. Avoid going directly to the (unconscious) interpretation that the person giving us feedback intends to harm us. Unfortunately, that reaction has been inherited from through generations and we need to be aware and work hard to go against that instinct. Choose to find out what the person giving us feedback is trying to reflect.

In a fairy tale world…

I wish that I

- in feedback situation, can stop my defence mechanisms or at least put them on hold.

- choose to see the reflection/feedback I receive as an honest attempt to help me learn and grow, so that I am able to give myself the opportunity to look at and digest it.

- would give myself the chance of understanding.

I recognize that it is easy for me to link the feedback to my earlier expectations and interpretations, confirming what I already know (or believe I  already know…). This makes it a form of self-fulfilling prophecy. Or I simply dismiss the feedback I am given, because I am convinced that the person/-s providing the feedback only wishes me harm. I do have a prerogative in the subject, haven’t I? Yes, of course I do. However, I can choose to train myself in seeing other sides of the feedback I receive. I can let myself “play” with the perspective that I might be “ALL WRONG”. What would happen then? What can I learn from that? The world is complex. With many different experiences we carry with us, our interpretations of our new experiences will differ greatly in the same situation or reminiscence - again, semantics… A conversation with a sibling or an old friend around experiences from “way back” can show how different we have interpreted events, situations or behaviours.

Is there one solution on how to become a better receiver of feedback?

I do not think there is one ultimate solution, but I believe a good starting point is to actively think of why it is so easy to receive feedback from one person and completely impossible from another? Why do we listen more to what A has to tell us, than B? How do we see ourselves? Are we inflexible, cannot change, end of story? Or, is it possible for us to look at ourselves from a more evolving perspective, where we have a chance of growth, change of approach and leave our earlier views, when we have been given the opportunity to see ourselves in a completely different light?

How can we have feedback being one of our most valuable tools in the toolbox for growth? I believe that if we strive towards a dialogue, we are half way there…!

Rock on, Karin Ulfhielm (http://www.vargkask.se/)

I want to really thank Karin for writing this above and letting me share it.

While giving and receiving feedback can be a delicate process, there's no doubting its value in helping to identify issues and solve them. Business owners should manage feedback in a positive way so that it can do what it's intended to do: Help improve and grow your business.

Fear is your friend !

Fear and self-doubt plague all of us. To the degree you can overcome your insecurities, you will experience freedom to be yourself and reach your full potential as an entrepreneur. The most important thing to understand is that everyone experiences these scary emotions to some degree, regardless of how confident and self-assured people may seem.

After I made a recent presentation at a Government Office, an audience member asked me, "How do you become so self-assured and confident?" I responded: "How do you know I am self-confident? The truth is you don't know what I am experiencing inside, only I know that. You have the impression that I am self-assured and confident, but you don't know that for sure."

We continued to talk about the importance of confidence versus fear, and I left the presentation alarmed over how big this issue is. Because I have witnessed so many individuals who stop themselves from ever getting started because of that tormenting self-doubt, I decided to write down the things I do to handle it. Follow these five tips when fear and insecurity strike:

1. Don't forget that it's normal. When you are fearful or insecure, remind yourself that you're simply feeling what most other people experience. You are probably doing something that is new for you or that you are excited about. Fear is a normal feeling, and I would be more concerned if you didn't experience it.

2. Fill your calendar. The busier I stay, the more confident I am. Never allow too much white space on your calendar and you will not experience fear. I tell people, "If you want to meet the devil, just have too much free time on your hands." Doubt loves the person with lots of time for thinking about himself and stirring up negative feelings.

3. Embrace fear. For me, fear has become the indicator of the things I actually need to and must do--and that have had the greatest payoff. Do what you are scared to do and watch your confidence grow. I am not suggesting you need to take physical risks, but that you should make the call you are most scared of. Regardless of the results, you will walk away inspired that you did it rather than thinking less of yourself for not taking action.

4. Go beyond your comfort zones.Very successful people don't seek comfort; they seek success and are willing to do what is most uncomfortable. But most of the world is seeking comfort and familiarity, which are traps that cause you to settle for the mediocre. If you want to get to the next level of your business, you've got to be comfortable being uncomfortable.

5. Take '10X' Actions. Albert Einstein said imagination is more important than knowledge, but I will take massive action over either. I am not the smartest guy or the most creative, but I assure you that if I operate at activity levels 10 times my competition, I will dominate. I never use the word "action" in the singular because I have never found one action to be effective enough that it didn't require a follow up. Multiply whatever you think is required by 10 and become a machine of action. If you do that, I assure you that your fear will subside.

Look forwards to your Comments in linkedin. 

Challenge yourself

Sometimes our commitment to the ways things are overshadows good decision making. Maybe it’s the whole ‘devil you know is better than the devil you don’t’ kind of thinking. Or maybe it’s that even good change can be annoying and distracting. In any case, this tendency can be particularly dangerous for those of us who work for ourselves. We don’t have bosses or organizations to pressure us into changing our outdated or nonsensical ways. We are in charge – for better and for worse.

In order to challenge myself and keep my own bad habits in line, I came up with this list of tough questions:

1: If you could wave a magic wand to instantly fix three things in your business, what would they be?(be honest, don’t just say “get more clients”…what do you KNOW is broken)
* What prevents you from fixing these things on your own?

2: What three things would you stop doing for the business if you didn’t have to?
* Why don’t you? What would make doing them better?

3: What are you doing only because you feel like you “should”?
* What would happen if you didn’t?

4: What important thing do you never seem to have “time for”?
* Why? What makes it hard to prioritize?

5: What have you given up for your business or to be an entrepreneur?
* Are you OK with that sacrifice?

Surprisingly as painful as it can be to sit with these questions (and their answers) this exercise has led to some really wonderful changes and improvements that have brought me great satisfaction.
Did this help you? Was it painful to ask this question to yourself? when was the last time you asked yourself this?

Why why keep on going!

Like most people, some mornings I wake up and feel less than enthusiastic about working. Sometimes, this feeling doesn’t stem from laziness or apathy, it’s a stronger power, a sense of futility and helplessness.

I know a lot of people look to my story of success as a source of inspiration and that is one of the greatest benefits I enjoy when i do blog or talk about it, but –  I’m not afraid to admit it – I don’t always feel energized to pursue business and sometimes in my darkest moments, I even consider throwing in the towel.

This feeling is not so common for me now as I have lifestyle flexibility and a better mindset about work, but earlier on, it definitely was a problem. I want to explain how I overcome these moments (and still do the same thing now on occasion) to stay on track and how you can even have a productive day when you are not really feeling the mojo on the inside.

I expect you have felt similar feelings of despair or a lack of motivation at different stages of your business development, especially if you are yet to establish an income stream online that is sufficient for you to live off, or if you are right at the beginning and you have not seen one cent of return for the work you have put in.

Depending on your world view and personality style, when you hear of the success of others you may either feel inspired or dejected, and while it’s obviously more fruitful to look at other people achieving what you desire as motivation, as a fallible human, jealousy, depression and anger may be your initial responses.

Your mind is your greatest asset for success in business, but it can be just as strong a force of hindrance, sabotaging your efforts, destroying your work ethic and leaving you with no option but to return to the soul destroying job you promised yourself that you would never go back to.

How To Work When You Don’t Feel Like It

One of the characteristics I believe is at the heart of my success and the success of most entrepreneurs, is an ability to keep working in the face of failure and an ability to force yourself to be productive when you don’t feel like it.

I remember a time promoting one of my businesses, walking around the city and placing posters on boards, experiencing a feeling of impatience, a lack of confidence and a constant inner-questioning of whether what I was doing was a waste of time or not.

It’s very hard to be confident of success when you have yet to seriously experience it. In many ways, at this stage of your business career, faith and fake-it-till-you-make-it confidence in your idea has to carry you through the self doubt, the set-backs and the slow growth.

Nothing goes right all the time. Sometimes clients will ask for refunds, or they won’t be happy with what you provide or the universe creates a circumstance you had no way of predicting, which you just have to deal with.

For you beginners out there, one of the greatest challenges you face is your battle with self doubt. Others around you will scoff at your attempt to buck the trend to start a business, your own results will come slowly and for a long time you will have to work every day for little reward. Patience and willpower are necessary at this stage.

Placing posters around the city was an effective marketing method, but the return on investment was delayed. I put up a poster and it would not elicit a response for months – sometimes even years – so my “pay off” for hard work was far in the future. This meant that I had to believe that clients would come if I just kept at it for long enough.

In hindsight faith in an outcome is easy because the experience is had, before this, you’re playing with chance and believing in the possibility of success without tasting it. If you don’t have tolerance for ambiguity, you better avoid the entrepreneur’s journey.

What Can You Create Today?

One of the things I did and still do whenever I feel less than enthusiastic is to focus on output, rather than the external elements that bring me down. I might feel utterly crushed, but I know if I create something or take any productive action, I continue towards my goals.

The great thing about output is the power it has over your mood. Negative emotion breeds negative actions – lying in your bed or watching TV for example – or a lack of any action at all. If you focus on creating something and just take one little forward step, the physical effort you exert effects your inner emotional state. Your ability to soldier on in the face of emotional dissonance can carry you through the darkness and return you to a state of congruent activity and thought.

What you should give up on?

 “Success.” I wasn’t able to quit my job until I gave up on the vague ideas I had about success. Stuff like having a good job and making a good salary. I remember saying to myself: it’s possible that nobody will ever think you are successful.

When my answer was finally “screw it,” I quit. At the time I did not realize how fulfilling it would be to work directly with customers and products I was passionate about.

Over-worrying about screwing up people’s lives (or being perfect for your customers). If you try to make meaningful change with your business, you will create collateral damage. Period. Even relatively benign assertions like: “if you want to make some extra money on the side, try building some niche sites” can waste a year of somebody’s spare time. I’ve seen it happen. Seems harmless, eh?

Your desire to make money. This might be different for other professions, but for entrepreneurs, money focus can destroy businesses. Money forces you to compromise your values, which should be at the core of great products and company cultures.

A money focus inspires short-sightedness. If you could just do something and ::: BOOM! ::: make money from it, it wouldn’t be that valuable. Entrepreneurs focus onvalue. Specific, elusive, unseen– it can’t be bought and sold on the open market.

Have you ever spoken to full time investors in financial markets? These are generally people 100% motivated by money. Ask them “if you had a great year, what percentage would you make on your money?” You’ll hear answers ranging from 11 to 20 percent, generally. Now ask the same question to an entrepreneur. 20% would very much be on the low end.

Your desire to avoid feeling like an idiot. A couple years ago I set up a writer’s mastermind group (which has been hugely useful to me). We’ve all tried to address this issue of “feeling stupid” head on. It’s been liberating to post half-baked, ambitious projects in our group chat.

I put a lot of stuff out there, and I suspect most of it doesn’t work. I’m dumb and dangerous, and that’s probably the way it goes for many entrepreneurs. The punchline is that the small percentage of good stuff that sticks around and gets refined, re-worked, and cultivated. One day you wake up with something great. 

Your fear of change. I was listening to another entrepenur who made a point. Let’s call it the “paleo theory of fear.” His point: we are wired to fear change. I suppose that’s because back in the good old days, when things changed, you died. Now, not so much. Learning how to both enjoy and engineer change is the foundation of business success. I’ve found that over the years the idea of re-working everything becomes more thrilling and I seek change out.

What you are doing right now. Something popped into my head the other day as my good friend and I was talking after a seminar.  We were talking about different thing and i said “why do business owners find it so difficult to relinquish control and let other people run their business?”

My response got us laughing: “they aren’t having a hard time relinquishing control, they are having a hard time finding something better to do.”

9 times out of 10 that’s true. It’s one of the things I love about creative pursuits in general– you are always at square one. You are always in danger of utter failure. Where you play, there isn’t any sure thing. It’s the same with writing and entrepreneurship. Falling back on your cash flows is the same thing as falling back on a job. Often I’ll fail, but I’m always looking for ways to move on and find something more important to do. Hopefully I can backfill the space I create with processes and team members.

Your self-focus. Or: putting your immediate needs in front of the principle or the project.  This is the part of the post where I diverge from the hoards of broke-ass personal development bloggers telling you to express yourself more fully or follow passion and stuff like that. Yes, I’m all about that. But we are talking about being Samurai’s here– it’s tough to stay focused on meaningful projects when our passion for Youtube lurks! Entrepreneurship is a strange mix of personal drive and egoless ear-to-the-ground care. It’s a dichotomy I’m fascinated by.

Following the advice of others. Have I ever ever mentioned the sharks or the dolphins thing on this blog? Sharks and dolphins are two different types of entrepreneurs. There’s a lot of things that distinguish them. Here’s one: dolphins listen to advice, sharks watch it. Be a shark. Or rather, watch me to tell you to be a shark.

Your desire to avoid conflict. For all the kumbaya talk in the blogosphere, you’ll notice that when you meet-up with some of your favorite peace, love, and change bloggers that they’ve got some teeth. I’ve met some of the kindest online personas (and most popular) on the planet, and despite what you see online, they are very often the object of controversy, conflict, extortion attempts, petty attacks, and outright jealousy.

Get in line. It’s par for the course. Asserting yourself in the world means you’ll have detractors. Some of them might even be those closest to you. It’s okay. I try to be thankful for the attention in the first place, pick the places I ought to improve, and try to understand precisely which elements of the feedback are about my projects and which are really a reflection of their own ideas about themselves.

So... 

Bear in mind I’m not promoting BLIND faith, merely consistent effort based on a solid belief in an outcome.

There is a point where you need to take stock of progress and make changes or even quit altogether. Unfortunately most people take the exit door all too early and this lack of action merely reinforces the already prevalent lack of results.

It’s not rocket science, but as moody and imperfect human beings, there is a challenge to overcome oneself. This is, and always will be, your greatest challenge in life.

If you truly want to realize an outcome and taste success, then you must complete the necessary steps to get there. Not some of them and not just during your best days. This needs to be congruent and forceful effort regardless of external circumstances or internal turmoil.

Why not go take some action right now?

Dont be Afraid

“A ship in a harbor is safe but that’s not why ships are built.” 


That is a powerful quote and it can also be used for how we live our lives in general. Do we want to play it safe or do we want to discover our purpose? 

In every successful entrepreneur there’s an element of a risk-taker. You have to be willing to take chances; think outside of that box that everyone is always talking about; and then step outside of that box. 

You have to be someone who isn’t afraid to rock the boat; someone who sees opportunity where others see danger; someone who isn’t afraid to break new ground and explore new ventures. 

If you don’t go for it; if you don’t reach for the stars; if you don’t take chances you’ll never be a winner. 

As Wayne Gretzky put it: “You’ll always miss 100 percent of the shots you don’t take.” 

There’s the issue. Many people don’t take any shots at all. Their fear freezes them into inactivity. But you can’t get anywhere without taking some kind of risk. So what if you do fail? That’s a heck of a lot more productive than doing nothing at all. You’ve got off your backside and done something. And guess what? As long as you learn from that experience you’ll be yards closer to scoring those winning goals.

No-one in their senior years looks back and regrets things that they tried to do—but they do regret things that they did not try to do. Don’t be afraid to take chances. Don’t end up reviewing your life saying “I wish I had…” or “If only I had…” 

Now is the time you can do something about it—so do it. Be adventurous. Seize the day. Stretch beyond your comfort zone. But now for a note of caution. 

When I talk about taking chances and taking risks I don’t mean rolling the dice and putting everything on number nine. I’m talking about taking calculated risks where you have done your research and assessed an opportunity. You’re betting on yourself because you know what you’re capable of doing and you’ve worked out the odds. It may not be a sure thing. It may be something that’s not been done before. But you know that the odds are in your favor. 

Mark Twain, encouraging adventurism, said, “Sail away from the safe harbor.” But you wouldn’t want to sail away without making sure that all of the rigging was secure and your boat was loaded with provisions; that you had an experienced and trusted crew at your side; and you had a clear idea how to navigate to the port of your dreams.

It’s only natural to overestimate the possibility of failure and underestimate our ability to handle the situation should something go amiss. That’s the fear sitting on your shoulder whispering in your ear. I would argue that doing nothing is equally as risky because your business will stagnate and when you stagnate you can die. 

So here are some actions you should take. 

Take calculated risks. This will keep you on edge and mindful of evading the pitfalls that open up in front of you while, at the same time, raising the reward potential. Always weigh up the costs and benefits and work out the worst case scenario of failure. I’m a firm believer in listening to my gut, going with my intuition. But the “gut feeling” is not irrational because it is based on years of hard experience. 

Take small chances before you take big chances. This way you’ll build up your experience and your ability to handle the ups and downs. And you should build financial reserves to cope with any eventuality. Take evasive action. Change course when circumstances demand. When a storm rocks your boat batten down the hatches and hold on tight to the wheel. If you know where you’re going you’ll navigate your way through the harshest hurricane. 

Take heed. Learn from the chances you took. Maybe as the captain you could have charted a different course. Maybe the crew didn’t perform as you expected. It’s all part of life’s journey which gives you the knowledge you need for your next adventure. 

Take heart! Sometimes you take chances and they don’t work out. It might be a business deal, a personnel hire, or a personal relationship. Sometimes you take a step backwards so that you can take a leap forwards. 

And always remember, as someone once said, “When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.” Never give up. 

Please leave komments in linkedin.

What are entrepreneurs & NOT?

What are some of the compelling characteristics of entrepreneurs? They are very hard workers; the typical entrepreneur works a minimum of 50 hours a week, and this grinding work schedule could easily last for 25 or 30 years. They are risk takers (until they revert to being protectors of the status quo, but that’s the subject of another article). They think nothing of pledging their homes or other worldly possessions as collateral for business loans in order to grow, expand, or bring new ideas to the marketplace. They believe in self-reliance. The last thing you’d ever hear an entrepreneur say is “it’s not my job.” Everything and anything are their jobs, and they are perfectly willing to jump with both feet into difficult tasks which many executives wouldn’t touch with a 10-foot pole.

Entrepreneurs are confident; they believe in themselves. They think that, while some jobs are terribly difficult and daunting, any job can be completed on time and on budget with the right kind of hard work and planning. Entrepreneurs believe in win-win. They know that long-term business relationships can’t be forged on the basis of win/lose thinking. They want to make good deals for themselves and their companies, but they want the other parties involved to prosper as well.

Entrepreneurs know that the only way to truly build a successful company is to answer the WIIFM (what’s in it for me?) question on behalf of their customers. If the customers find value in a firm’s products or services, there’s built in value for the entrepreneur. Entrepreneurs believe in fair rewards and incentives for productivity. If they can develop a procedure or technology that allows them to come to market with 25% net margin while their competitors are struck with a 5% net margin, that’s perfectly okay. Innovation, risk-taking, hard work, and productivity could and should be rewarded in the marketplace.

Entrepreneurs don’t want to be measured by the standards of others. Following college, an entrepreneur started his career at a bank. In spite of the fact he could do work at a rate two or three times greater than the other loan officers in his group, his maximum pay increase was six percent. In other words, even the most productive loan officer could only get a six percent raise while a perfectly mediocre loan officer was likely to get a three or four percent raise. This is the kind of stultifying environment that makes an entrepreneur cringe.

Entrepreneurs are swift and sure decision makers. They would rather make a quick decision and later be proven wrong than be indecisive and come to no conclusion at all. Their confidence allows them to believe that even incorrect decisions can have positive results over the long run. Entrepreneurs prefer predictability and planned activities to unpredictably and reacting to others. Generally speaking, entrepreneurs aren’t the types that respond well to impulsive, unscheduled events; the idea of “dropping everything and heading down to the beach for a long weekend” wouldn’t work well for most entrepreneurs. Questions would likely pop to mind: what’s the weather supposed to be like and what clothes do we need to take? How many people are going and how many vehicles will it require? What other things did I have on my schedule for this weekend, and can they be postponed without any ill effect? Preparation well in advance is a mantra for many entrepreneurs.

What are entrepreneurs NOT?
They are not bureaucratic. The idea of having many layers of management and decision-makers gives entrepreneurs the willies. They believe in flat, lean, efficient decision-making structures. Entrepreneurs are not tolerant of fools, idiots, big talkers, or time wasters. They are bottom line people who want to get decisions made quickly and efficiently; those who don’t support those efforts aren’t easily suffered.

They’re not impressed with credentials or grand resumes; they have their own, more practical methods for judging the quality and character of others. While some people may be deferential upon meeting a person wearing a $2,000 suit, a $20,000 watch, and driving a $150,000 automobile, the closely held business owner would look beyond the trappings of success in order to determine the person’s real, intrinsic value. Along the same lines, entrepreneurs aren’t keen on impressing other people with their possessions. Dr. Thomas J. Stanley has demonstrated that the typical entrepreneur, quite wealthy by most people’s standards, lives in a modest home, drives a modest car, spends money frugally, and saves and invests for the future. Successful entrepreneurs have little in common with Donald Trump and other jet set figures lionized by the popular media.

Entrepreneurs are the driving force behind the massive explosion of jobs, innovation, and opportunities (both here and abroad) over the last twenty years. They are can do seers of business niches which must be filled by someone with the vision and passion to do so.

Why is so little known, understood, and written about entrepreneurs? The simplest answer is that owners of private businesses are, in a word, private. If a reporter were to call an entrepreneur about his company and ask about sales, profits, and where they’re headed in the future, the business owner would likely reply with stony silence.

They’re often in “dirty” businesses. Entrepreneurs are generally not creating cures for diseases in sterile labs, they’re more likely to be in the moving and storage business, own a chain of tire stores, or be a franchisee which sells replacement cartridges for printers and copiers. Entrepreneurs operate under the radar screen of the mainstream media. The main reason so little is reported about them is that they’re simply not sexy or flashy.

Entrepreneurs are everyday, unsung heroes. Upon analysis, entrepreneurs have more opportunity, perhaps with the exceptions of ministers and doctors, than other types of people to touch the lives of others and inspire them in a positive way. Family members, employees, members of the surrounding community (many entrepreneurs are among the largest employers in their towns), vendors and suppliers, and customers are all touched, often in a meaningful way, by the daily work of entrepreneurs. When so many things are wrong in the world, and the daily news is overwhelmingly negative, the work of entrepreneurs and their captivating spirits are among the things that are very, very right in the world.

Do  you agree? Have anything to comment? Please do so in linkedin where you found this link.

All bad press is good press. Is this true?

I couldn't help myself writing this as i stumble across a Facebook posting. 

Long before I even got into the corporate game, I’d always heard people say “there’s no such thing as bad publicity.”  The theory is that as long as people are talking about you, it’s a good thing. Even if they’re saying awful things about you or your company, the publicity is supposed to still be good because your name is on the top of people’s minds, keeping you relevant.

And in some cases, this is true. Just the other day, we talked about how Kanye West is the king of controversy. The hip hop superstar seems to always be on the receiving end of negative media coverage, but in his case, it’s actually served to help his career. It seems like the more negative attention he gets, the more people buy his albums. In short, he thrives on the “bad publicity.”

But Kanye is the exception, not the rule. The idea that there’s no such thing as bad publicity is laughable. It’s totally insane.

Just ask BP. Do you think they enjoyed being in the spotlight for the disastrous oil spill in the Gulf? Do you think they enjoyed having people boycott their fueling stations?  Do you think they thought it was cool that there was a BP oil spill Halloween costume?

Of course they didn't. The company took a massive hit thanks to all of the negative publicity. They've already spent millions trying to rebuild their image through a PPC campaign, TV commercials, and more.

And what about Toyota? How do you think all of those recalls over faulty, dangerous vehicles worked out for them? Last time I checked, their sales were down nearly 10%, and their competitors were making huge gains.

Oh, and let’s not forget about Tiger Woods. It’s been exactly now a couple of years since his scandal, and the public hasn't viewed the athlete the same ever since. Thanks to the negative publicity, Tiger Woods lost numerous sponsors, including Accenture and AT&T. You think he enjoyed the negative media attention? You think Tiger feels there’s no such thing as bad publicity?

Somehow, I doubt it.

I could go on and on with examples of how bad publicity has hurt brands of all sizes, but I think you’re starting to get the point. The truth is there is such a thing as bad publicity. And while all of the brands I mentioned can and likely will eventually recover, the bad publicity they've received has done some serious damage for at least the short term and maybe longer.

What do you think? Do you believe that all publicity is good publicity? Why or why not?
Please comment in linked in.

A entrepreneurs life

Every day counts.

Each day matters.

As you wake up to the morning smell of freshly brewed coffee; bacon and eggs or maybe just an toast popped up in the toaster — today is important for you.

Why? Because you have the ability to change the world today as an entrepreneur. Make it a better place. Put your mark on it. Stamp out some evil and replace it with some good.

Go forth over the next 10 days and read each day’s message as it comes. Learn from it. Be inspired by it. Share it.

Oktober 13

“Never look back unless you are planning to go that way.”— - Henry David Thoreau

Looking back can certainly strain the neck. But it also strains the heart, mind and body. Have some failures in your past? So what — we all do. Oh, but yours are far different because they were really bad failures. Again — I say “so what?” It matters not what is behind you. When you make mistakes; strive to learn from them but move on. Give yourself the freedom of receiving mercy and grace from your own unforgiving heart. You can rise above the past and move on to accomplish great things in your life. So press on to what lies ahead of you and don’t look back. Starting today.

Oktober 14

“If everyone is thinking alike, then no one is thinking.” - Benjamin Franklin

At the heart of an entrepreneurs brain is thinking differently. Steve Jobs made a name for himself and his company out of “Think Different”. Have you been called crazy before when speaking of your ideas and vision? Good. Now give yourself a pat on the back because that’s what it’s all about. You and I don’t think like the rest of the world. And thank goodness we don’t. Entrepreneurs are meant to change the world and the only way to accomplish this enormous feat is by not thinking like everyone else. So be yourself. Be proud and know you’re on the right path when someone calls your idea “crazy”.

Oktober 15

“It’s not about how to get started; it’s about how to get noticed.” - Steve Case

Yes — getting started as an entrepreneur can be daunting. But the key after you’ve figured out where and how to start — is just as Steve points out. It’s getting noticed. We live in a day and age where there are 100 of everything. Want some bread to make a sandwich? Only 100 different brands, styles and tastes to choose from. Interested in buying a new car? Better get your thinking cap on because of the dizzying array of choices. So what are you going to do to stand out? What can you do differently today in order to make some noise which will rise above the crowd and be heard? Better figure it out as this is your key to the promised land.

Oktober 16

“Monotony is the awful reward of the careful.” – A. G. Buckham

Being an entrepreneur is about taking risks. Thomas Edison did it when he set out to reinvent the world; and Henry Ford did it with his quest to change how people moved around. Without bold moves; there is no progress. And yes — it is important to be wise in the decisions you make as an entrepreneur. But if you’re too careful; monotony sets in. Listen — you live one life here on earth. Taking a step of faith in trying to create something new and different makes life worth living. So be an entrepreneur who peers deep into your heart to find the strength to step out in taking calculated risks.

Oktober 17

“Do or do not. There is no try.” - Yoda

Love Yoda. The little wise guy from the Star Wars saga. Yoda is speaking to you today because you were built for something great. And the big vision you have is attainable. Even though you will encounter obstacles on the way which will cause you to change your path — you can keep going. If I am driving to Florida for vacation and come across a road that is closed; do I just turn around and give up on the vacation? Of course not. I just find another road to get me there. Throwing out excuses like “well, I tried” isn’t good enough. Same with you. Just get it done. Today, tomorrow, next week. Choose to “do”.

Oktober 18

“Don’t treat your customers like a bunch of purses and wallets.” - Chris Brogan

One of my all time favorite quotes from Chris. Listen — you are in business to be profitable right? But that does not mean you treat your customers poorly and only think of them as cash register fillers. They’re not. They are the people you are trying to help with your products and services. If you are building a company to last; which has a significant purpose and mission; then you must think of your customers as the people you’re blessed to be able to serve. Have an attitude of service toward them. Think “how can I and we as a company serve these people today”. It goes much further and they will love you for it — which actually turns out to yield even higher profits. See how that works?

Oktober 19

“Success is one thing — but impact is another.” - Ray Lewis

Are you living a life of impact? Ray Lewis has experienced a great deal of success as a football player. Super Bowl champion and leader; he’s made millions. But his life does not end there. He is dedicated to changing the lives of those around him. As an entrepreneur, you have the ability to do the same. Changing lives and making a difference each day you live. So as you set out today; think of your higher purpose. Imagine your higher calling. If today were your last day on earth; will you be satisfied in what you leave behind? If not — make a commitment today to change. Do something about it and use your talents, influence and reach to change lives. There is still time my friend.

Oktober 20

“There are no traffic jams along the extra mile.” - Roger Staubach

Being a founder and entrepreneur truly requires going the extra mile. Working smarter. Working longer. Working harder. There is no question you must be prepared to step up to the plate when no one else will. Your leadership demands you go first when it comes to being called into battle. But the good news? There are very few heroes willing to do the same. Which is why it’s a lonely place along the extra mile. But along this deserted road is where the men are separated from the boys, and the women from the little girls. This is where it really counts. So be an entrepreneur willing to step out and keep going. Those that do end up winning the race.

Oktober 21

“In the modern world of business, it is useless to be a creative, original thinker unless you can also sell what you create.” - David Ogilvy

Call it the inventors dilemma. You’ve heard the stories: smart men and women who can easily think up the next big thing. Inventing such amazing ideas; products and services. But alas — they die broke mainly because they had no idea how to sell their inventions. As one of the greatest salesmen to walk the earth; Mr. Ogilvy hit the nail on the head. You must be able to sell. Period. Ideas you create; plans you have; products you develop. Without the ability to sell — or surround yourself with someone who can — you’re toast. If you find yourself lacking in sales; make the decision today to change it. Either learn the skills you need to sell — or find someone to join your team who will fill the gap. Business without sales is actually no business at all.

Oktober 22

“Regardless of who you are or what you have been, you can be what you want to be.” – W. Clement Stone

Today is the first day of the rest of your life. It matters not what you’ve done in the past or who you’ve been. Call it a fresh start and yes — you get one too. Being an entrepreneur requires all attention on the present and future. And yes — we must carry the lessons of our past days into the future as crowns of wisdom. But we must not live in the past and fret over what is now water under the bridge. Look closely in the mirror today and see what you can be. An amazing entrepreneur ready to set the world on fire.


Was this helpful to you? Leave you feeling inspired and wanting for more? Please give me your thoughts on linkedin.

Boring meetings

Let it be stipulated that 99 percent of working people have attended a meeting that was dry as dust, boring as hell and — to put it kindly — a complete waste of time. So I won’t waste your time building the case that meetings can be dreary, tedious and unproductive.

You know that. I know that. Everyone knows that.

And we’re not in the business of creating fantasy scenarios about an office with no meetings, where workers are free to produce and create with only the occasional “Atta boy!” from the boss as feedback.

You’ll always have meetings. We’ll always have meetings. Everyone will always have meetings.

So the relevant issue is simple: Since meetings are a part of life — and in the case of many people, a fairly relentless part of it — what can be done to make them less deadly? Or even, dare we say it, productive and engaging?

It can be done, say experts — and it should be.

“The fact that we’ve decided that meetings just suck and that’s how life is, is really throwing in the towel. What we have to do is stop having bad meetings.”

BEFORE

Know your mission: If the point of meetings was simply to get a bunch of people together, then an open bar and buffet table would be de rigueur in every conference room. But meetings aren’t parties; they need a purpose and a plan. If that sounds obvious, consider how often powwows meander along with neither.

“What is the mission? What is it that we hope to accomplish and be done with when we walk out the door? Boring Meetings Suck.”

Before a meeting starts, attendees should know the goal — paring down a list of proposals from 10 to two, for example. And when a meeting ends, attendees should leave with a plan of action to enact, such as arranging presentations for the two proposals that made the cut.

Be selective: A business meeting isn’t Hultsfred. Keep the guest list exclusive.

“Invite as few people as possible to get the job done. If you can accomplish the task with five people, don’t invite 10,” 

And when it’s appropriate, trim as you go. There’s no reason to keep people from accounting in a staff meeting when the topic shifts to sales.

“The meeting leader should say, ‘Would it make sense for us to take that offline with a small meeting with just you and I?’ Great. Boom. Done. Don’t let that person take the next half-hour and talk about something that’s not the points.”

Give assignments: If meetings are to be anything more than glorified bull sessions, then people need to bring solid information to the table. And often, that means work must be doled out prior to the meeting.

“Wherever possible, you want to suggest to people to do some pre-work before they get to the meeting. Too often people just call meetings and show up unprepared. They talk and talk and talk and then set up another meeting and they get to that meeting and they’re not prepared.”

Go short: Simply put, the best way to have shorter meetings is to stop having longer meetings. Substitute a kitchen-sink meeting with a series of quicker ones with more precise goals.

“We need to have tactical meetings where we get together for a shorter period of time and talk about exactly what we’re trying to accomplish. ”

If possible, skip it entirely: Before scheduling a meeting, ask yourself a simple question: Is it necessary? That might seem obvious, but meetings are too often called as a reflexive response to a problem that can be more easily handled with a call or an e-mail.

“The important thing is: What are we meeting about? What is the goal? Why have a meeting at all? You’d be amazed at how rare it is for people ask those simple questions.”

DURING

Don’t suffer in silence: If a meeting suddenly veers from its stated purpose for example reviewing new software for the office to how the boss is using new software to improve his fantasy football picks, there’s no reason to take it sitting down.

“Attendees need to stop suffering in silence. We have the right to take charge of the meeting if our facilitator loses control and get things back on topic and if we’re not going to get it back on topic, we should have the right to depart in a professional way rather than have our time wasted.”

Tell a story: When making a presentation at a meeting, try whenever possible to give it a narrative. People go on autopilot when presented with line after line of figures, and nothing says “naptime” like an endless PowerPoint presentation.

“If you’re not telling a story, then it’s just deadly. But if you’re telling a story that’s engaging — if there’s a point to the story with a beginning, a middle and an end — then people will be engaged. They will ask questions. They may bring their own anecdotes to the story. What happens is you start building a conversation and an interaction, as opposed to having just a meeting.”

Invite management: If attendance or lackluster participation is a problem, nothing will solve it like the promise of management dropping in to take the pulse of a department.

“If attendance at the meetings is poor or people are not taking it seriously, invite those important people in and people will begin to realize the meetings are really important.” 

Feed the beast(s): Precipitous drops in blood sugar can lead to precipitous drops in people’s attention span, so give attendees some finger food to keep them from fainting. 

“Always have fun food in the room. We have multi-colored jelly beans in our conference room or nuts for people who want a healthier snack. I think food helps break the ice and gives people energy when they’re lagging.”

Crack the whip: Untold hours are wasted every day by meeting attendees waiting around for stragglers to show. So experts have no shortage of strategies for dealing with malcontents who roll in to a meeting 15 minutes after it starts.

Nothing promotes punctuality like starting a meeting at an odd time such as 11:07 a.m.

“If you say the meeting is starting at 11, people show up at five of 11. People show up at five after 11. People show up at a quarter after 11.” 

“You tell people, ‘Hey, my meeting’s starting at 11:07,’ people show up at 11:07. Because the novelty is why is this meeting starting at 11:07?”

Punitive measures may work as well. I also suggest a “pass the pad” approach where the last person to arrive has to take notes. Others would suggests the silent treatment; a meeting leader should stop what he/she’s saying until the straggler sits down.

“When somebody comes late, you don’t want to scream at them. But you want to make them very gently uncomfortable, knowing they’ve violated the norm” 

If you’re the malingerer, consider not attending at all if you’ll arrive past the 10 or 15 minute mark.

AFTER

Send the memo: To ensure everyone’s on the same page, send out a sheet of checklist items that were concluded in the meeting. Reiterate the key points and disseminate the key duties.

“That really helps to make sure the meeting wasn’t a waste of time.” 

Solicit feedback: Work meetings will never improve unless folks are willing to listen to other folks about what’s going right and wrong. This can be accomplished by asking on the spot if everyone in a meeting believes it’s staying on track, but it should also be a subject of discussion outside of meetings.

“Ultimately, it’s the leader’s job to get the feedback from people. Investing two minutes into figuring out how effective your meetings are can save you hours and hours of ineffective meetings.”

Boredom by the numbers

What bugs people the most about meetings? The employment agency posed that question in a survey of senior managers, asking them what was their single biggest complaint about work gatherings. The answers:

Meetings that start late or run over: 31 percent

Meetings that seem unnecessary: 27 percent

Participants using PDAs or laptops for unrelated activities: 18 percent

People interrupting each other: 15 percent