You must know how to delegate duties and double down on what works. When you are shown terrible ideas, you must never be afraid to say no! Without a response you are giving consent to run with things you know will never work.
You are validating a future of continually shooting yourself in the foot. There is no harm in being honest, however, there can be a great deal of pain when you let others decide things for you. Remember, if you want to be successful in business, it requires a team with a crystal clear sense of vision and impact. Do what you want, because you want to be the best. Disregard what others think. Building your dream team, hire the best lawyers, accountants, etc. If you were in a car accident and broke your leg, drag it to the board room.
If a meeting is requested or scheduled, you make it. Never complain about the date or time, or how inconvenient it was for you. It goes right back to being accountable and being committed. Most businessmen today drastically underestimate the value of time. Great leaders make sense of change in the world, and proceed to share that insight with their team.
You are paid in life for what you can get others to do for you. Your job as a leader is to attract smart employees to work for you! Remember, the brainpower of the group will always trump that of just one individual. Though, you should never stop trying to become qualified for the job.
Be a macro manager, where less control equals more control. Most businesses end up morphing into other industries while starting out. Put them all through a doofus test. Stress them and judge their reaction to pressure when being a high-performance person is demanded of them.
When you have big problems, put your best people on them; you will be confident in doing so. Large lawsuits are better than the minor ones. When warranted, choose your venue and choose to be the plaintiff. Use mock trials to your advantage. Bring your wife to the front row every day, children as well, if allowed, and other members of your family in the second row.
If you find a team that consistently wins, stay with them. Remember to keep in close contact with your lawyer, preferably once a month. Elect for jury trials rather than a judge only.
To show respect for the judge and jury, dress conservatively. That means a white shirt, simple tie, dark suit and no jewelry other than your wedding band. When it comes to recorded videos in court and in depositions, look at the camera.
The same is true for the jury and judge, make eye constant. Remember, honesty is key! Never talk in public about the case, regardless of where you are at, someone may very well overhear your conversation. That includes press, who may misinterpret your words while in a hurry. You could spend an entire year putting together the perfect business plan, only to see it fail after being put in action. Even small things like picking out the right font, color, messaging, etc.
A good plan today is always better than a great plan you execute next week. By then, well, it just might be too late. The truth is, conventional wisdom is almost always wrong in the first place.
Never underestimate how wrong you can be. Even with careful planning, external circumstances and events can create chaos. Understand that progress often masquerades itself as trouble.
Never opt for the easy, Band-Aid solution; it will eventually peel off. Instant gratification can get in the way of your goals, avoid that. Most of them made money putting asses in seminar seats and pushing book sales, NOT in business.
They love to pump out misinformation which gives you no chance to succeed. A strong drink and a good f-ck would kill most them. If you want to see success you must always be kissing frogs!
Twenty women may turn down your request to take them home for the night, but the twenty-first woman may very well agree.
What divides the men from the boys is persistence and focus. Very few are willing to make a thousand phone calls when it comes to getting financing. After a handful of rejections, most men quit. ALL of them, excuses! There is a sucker out there who will invest in anything, including your idea, but only if you take the time to find them first.
Double your work effort when times are difficult. This is especially true when it comes to economic times of recessions and depressions. Yet, the rest of the world believes this may really be the end.
Understand that building wealth at the levels most men can never fathom about, means buying small companies, rolling them into one, puffing your company up like a fat hog, and selling it at the market. When you stop expanding, so does your success.
Take for instance this very moment, interest rates are incredibly low. Banks are flush with cash, literally waiting for you to come and take it. It reminds me of the housing crash years ago. That includes through all economic cycles.
Share your wealth with your dream team, do it with cash, equity, options or wants that are tangible rewards for performance and loyalty. Pull cash out the company, enjoy the lifestyle you and your family have earned. When the time comes, they are shocked. If you are over 40 and in an upmarket, sell your business. You might not be around long enough to see another one. Place the deal inside of them nearest to your own interests. Remember, a deal has to sound good before it is good! Respect the gentleman on the other side of the table.
You are standing in your own acres of diamonds. It churns out ideas, day after day. On the other end of the spectrum here, even the most bizarre of ideas can often be profitable. Who would have ever thought pet rocks or even the plastic grocery bag with the smile on it, could be multi-million dollar ideas in reality? The people who took action did, and guess what, they succeeded. Can you imagine how many people called them crazy in the process?
How many times they got rejected and ridiculed? Identify the idea. It could be expanding your revenue or forming a new joint venture partner and so on. Then investigate again to see if it is what you think it is. The second time, use different people from within your organization. Commit to the idea. In that scenario, sh-t can it! Share the obsession and start living it. Discuss how great it will be, how great it will be for America, for whatever. You live it and you breathe it, and you share it with others.
It becomes your whole life. Walk the talk. Never share your doubts with anyone, ever! Not your wife, mistress, etc. You WILL have a lot of doubts, however, you must be a bulldog. Put together a critical path. Your team of decision makers will do this, not you! They are the ones who are going to have to implement and execute it. Stay out of it! Create a detailed timeline. Continually measure every single thing. Your other decision-makers will implement the plan.
They keep focused and follow up at subordinate levels. This is the grunt work, the real work. Focus follow up at the decision maker level. It means laser beam focus without deviation and no blinders. You lead from the front, it is the only thing in your life. Never second-guess your subordinates, as they will make mistakes at all levels and lots of them. Only step in and override when you believe it will take down the company.
Reevaluate and start all over again. It comes in many different forms. However, you MUST remain focused on the positive. Keep your eyes set far down the road. Assume people are honest and that they will deal with you fairly. When you discover they are not, the rules change entirely. Spend a few thousand dollars to see if that person is no good. Hire real investigators.
Every penny you spend will be worth it. Contrary to popular belief, credit cards are NOT a line of credit. A fourteen-year-old child can have an American Express card.
Any moron on the face of the planet can get one. You must start thinking in terms of fishing with nets, not lines. Doing thirty deals and closing multiple houses, instead of buying one at a time. Most refuse to do twenty or thirty deals at a time because they are afraid of what happens when more than one gets approved. Never go into a bank with a business plan. Being successful in business means hiring the right kind of employees and being in the right kind of company.
The only way to make sure you bring in top talent is to hire people who are great at what they do and taking small steps to make sure your employees can communicate. Some people are born with the ability to make money. Sure, some successful businessmen go the traditional route of raising money banks, venture capital, etc but a large number of the most successful men in the world started out with their own cash flow, either from personal accounts or by borrowing cash from their family members.
Success in business means focusing on efficiency and overhead. Most of your marketing is going to be word of mouth — your reputation will draw clients more than advertising. Marketing brings your customers, vendors and your staff together to do business. Being active in business means blowing it from tim e to time, so make sure your employees and you yourself know that making a mistake is acceptable.
You can have a dose of realism. It means staying positive when times are tough so you can persevere. Another Napoleon Hill success pattern. Honesty Do unto others as you would them do until you. In the modern world of digital transparency, your reputation follows you around. You can use this to build a massive brand people trust or one people run away from. Be NICE to people.
Be friendly. Be positive. Having a pleasing personality is huge. He found that all of them scored high on being willing to have people dislike them to achieve their goal. Write your goals. Writing burns them into your subconscious. Napoleon Hill says your purpose should be as definitive as possible. However, you can still make your goal clear.
Open-mindedness and constant learning You have to be open to the idea that you are wrong because sometimes you are.
Do not fear failure or rejection. Many types of failure have tiny bad consequences. We blow it out of proportion. Failure is often times useful and necessary to get to where you want to go. They are learning experiences to guide you. Many successful people have failed many times whether it was in business ventures, ideas, products, or computer programs. One of the greatest problems is comfort of the mediocre.
It is not so bad that it prompts you to take action and so you sit there doing nothing. Most of the most successful people in the world Usher via MasterClass, Seth Godin via Tim Ferriss podcast, and many billionaires have failed 10x more than the average person. That is what increases their chances of success. They try more. Pursuing asymmetric risk-reward opportunities Richard Branson found opportunities with very little downside and massive upside.
If it succeeded, he would make a boatload. Napoleon Hill and Henry Ford both found that those who were unable to make a fast decision after all the resources were there usually failed to follow through and succeed in life. Perseverance separate winners and losers. If the front door is opened, try the window, then the back door, then sneak in with the pizza delivery guy. The moment losers give up which is usually after repeated failures and winners persevere is the beginning of success.
Loving what you do helps you persevere. Find your bliss. A lot of people give up when times get tough. As Steve Jobs said in the one interview he had with Bill Gates, if you love doing something so much, you will keep going even though everyone else has quit because it is logically insane to keep going. There will be tough days for any job though. You want to consider how competent you are at this work or skill.
If your potential for competence will never be there than this may not be what your calling is. I suggest listing out things you like and dislike about careers you test out to move towards things. You will keep going when others quit when times get tough. Do what unsuccessful people are unwilling to do This requires Self-control willpower. Going through the pain and putting in the hard work will pay off because others are unwilling to do so.
Always go the extra mile and do more than they pay you for Doing the bare minimum will give you minimum results and growth.
0コメント