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The 9 worst pieces of business and career advice
Start something you are passionate about This is bad advice and I hear it all the time. Start something that makes logical sense. Enjoy the process. Enjoy the relationships you will develop along the way. Enjoy building something. People who think with their hearts instead of their brains lose money and waste a bunch of […]
Read More ...The “add value first” approach
Business is all about momentum. If you can get in the mindset to “add value first” to gain your following and build your brand you will be a lot better off. Sacrifice profits in the near term by discounting your service or products with the goal of gaining a following and securing value later. In […]
Read More ...The four quadrants of time management – important but not urgent
Time is your most valuable asset and there are four areas that you can spend your time in life. The first quadrant is important and urgent. A crisis. An emergency. You must do it now. The second is important but not urgent. Prevention. Planning. Forward thinking about how to improve. Not important but urgent. Distractions. […]
Read More ...The 80/20 principle – how to find your wheelhouse and multiply your results
The 80/20 principle is my favorite and the most important principle to understand in life and in entrepreneurship. Its says that 80% of your results come from 20% of your efforts. 80% of your stress comes from 20% of your environment. 80% of your joy comes from 20% of your activities. You name the result. […]
Read More ...Don’t partner with someone who is broke
The way people treat their money is one of the most important traits in entrepreneurship. Frugality wins because every dollar you save personally and invest in the company the right way becomes three dollars a few years later. Having cash reserves because you live in a responsible way allows the company to survive when the […]
Read More ...How much money do you need?
There are only three levels of wealth in this world and beyond that money doesn’t matter. The first is being able to feed your family, pay your mortgage and not stress about going into debt. The second is going to a restaurant and not worrying about what restaurant it is or the prices prices and […]
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