Friday, December 31, 2010

Make your New Years resolutions REAL

There are 3 things required to make your New Years resolutions REAL

1. Comittment
Be ultra clear about what it is that your committed to achieving. The clearer you are with the description and clarity of what it is you will focus on, the more likely you are to be committed to achieving it. What you can picture in your head you can create in your real world. If you want a million dollars but cannot picture yourself with it or having it in your bank account or spending it, its very unlikely that your subconcious will help you commit to creating it. On the other hand if you can create those clearly defined pictures in your mind, your subconcious will work flat out, even when your sleeping, to make them a reality

2. Discipline
Never give up!! Do whats required until you have achieved what you want. Consistency and discipline go hand in hand. the person that reaps the great rewards is the person who doesnt throw in the towel when it gets tough, the person who follows a course of consistent minor achievements again and again is far more likely to succeed then the one off hotshot.

3. Determination
Give me a determined person over a skilled person anytime. A skilled person gives up at the obstacles when their skills cannot deal with something or overcome a setback. Whereas the determined person finds a way. they will go around the obstacles, over the hurdles, they embrace the challenges, look for new ways, think outside the box. They MAKE things happen rather than wait for things to happen.

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Wednesday, December 1, 2010

Scarcity number 3

The 3rd Scarcity for business growth is knowledge.

Entrepreneurs typically start out as a one man band, the first role is Innovator- creating and developing ideas, once the idea is established they then add the role of Sales manager - to sell their products or ideas, then move on to Operations manager - to create and deliver the product or service, while this is happening sales drop off so they shift some energy to Marketing manger them back to Sales, Operations and the circle goes round and round. They then add Accounts Manager to their portfolio as clients need to be invoiced and bills need to be paid, then they recruit a staff member and take on HR and Payroll, added to this come legal, customer service and IT.

We become a jack of all trades and a master of none, our depth of knowledge in the majority of these roles is minimal and we don't necessarily execute on them well which can cost the busines dearly in terms of money and momentum.

My advice- As soon as possible outsource the roles where you are terrible, for example accounts to a bookkeeper or IT to a computer whiz, it will save you time and money and allow you to add value by doing the things you are best at.

Keep your eyes out for the next and final post in this series Scarcity number 4 from the entrepreneurs curriculum developed by my good mate Creel Price