Tuesday, November 25, 2014

Fear is your friend !

How to Break Through Fear and Self-Doubt
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. 

Friday, November 14, 2014

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?

Wednesday, November 5, 2014

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?

Monday, November 3, 2014

Dont be Afraid



harbor-ship

“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. 

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