How to Build an Empire

How To Build An Empire

There are times when I see the successful businesses that other people are building and I instantly want to create that kind of success for myself.

I want to build an empire. I want to create a startup. I want to make a successful podcast, YouTube channel, live conference — whatever success someone else has created, I want too.

I can instantly imagine this success happening, and it feels exciting. I feel accomplished. The fantasy of an empire is in my head, and I want it!

So I start planning this new empire: what will it look like? What kind of team would I build? What is our manifesto, our core values, our story? How do I thrill and delight and excite my community? Continue Reading…

Keeping Agreements to Strengthen Your Team

Keeping Agreements to Strengthen Your Team

Relationships are built on trust and respect, and few relationships are as important as the ones among members of your team. One critical way to build and maintain strong team relationships is to ensure that you are keeping your agreements.

Agreements come in all shapes and sizes. Some agreements are big, such as promising to give an employee a raise or committing to finishing a project by a certain date. Others are smaller, such as starting a meeting at a particular time.

When you don’t do what you said you’d do, your employees, colleagues, vendors and customers begin to lose trust in you. You lose authority with them. They realize they can’t count on you, and the relationship deteriorates. The fallout can range from a vendor’s reluctance to compromise on a project fee to increased employee dissatisfaction to losing valuable clients.

Breaking agreements also creates messes that require time, attention and sometimes money to clean up. The mess might involve you apologizing and rebuilding trust with a key employee. It might be a situation that requires other members of your team to properly address, such as working overtime to get caught up on a project to avoid losing an unhappy client.

You Pay the Biggest Price

Members of your team aren’t the only ones affected when you fail to keep agreements. You stand to lose the most of all, because every agreement you make is one that you first make with yourself.

When you make a commitment to do something and then don’t follow through, you learn to distrust yourself. You lose faith in your ability to produce a result, which impacts your self-esteem, self-confidence and self-respect. You undermine your sense of personal power and integrity.

Even breaking small agreements can negatively impact you. When you hit the snooze button instead of getting up at 6:30 a.m. to exercise before work, you create confusion and self-doubt in your unconscious mind.

How Many Agreements Do You Break? Continue Reading…

Create And Share Value

Create And Share Value

Do you add valueless content to the digital world? How much of what you say or write is only valuable to yourself? How much of it consists of you complaining or bragging about what you’ve done (or even worse, what you’re currently doing)?

I know I’m guilty of it: Sometimes when I’m alone and my mind is idle, posting something, anything, to Twitter and knowing that someone somewhere will read it gives me a sense of connection. But that’s being selfish. How much does spewing useless information into the world actually help me (or anyone)? It makes me “feel” a little better in the moment, but does it really do anything for anyone long-term? Continue Reading…

Just Start Your Business

Just Start

Where to start your business?

Start your first business this way:

You begin with the smallest possible project in which you can get someone to pay you money to solve a problem they know they have.

Then you charge less than it’s worth and more than it costs you.
Repeat.

You don’t wait for perfect or large or revered or amazing.

You just start.

The Cure For “Someday”

The-Cure-for-Someday

It’s an ailment that has plagued mankind for centuries.

This debilitating illness knows no bounds.  It’s capable of launching a full blown assault while you are brushing your teeth, going to the bathroom, playing video games, wasting time on Facebook, or even perusing YouTube for the latest “Call Me Maybe” video.  It has been known to occur in the home, at work, at a coffee shop, on a plane, and even on a boat.

We’re not safe anywhere.

It doesn’t care if you are white, black, Chinese, German, Kyrgyzstani, or Djiboutian.  You could love cats, dogs, turtles, bald eagles, macaroni and cheese, or even double stuff Oreos dipped in milk; it won’t matter when this disease comes knocking on your door.

It is believed to be rooted in Metathesiophobia: fear of changes.

Yes, we are talking about the disease known as

Someday.

Continue Reading…

Failure Is An Important Part of Entrepreneurship

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Many people fail to take action because they’re afraid to fail. Successful people, on the other hand, realize that failure is an important part of the learning process. They know that failure is just a way we learn by trial and error.

Not only do we need to stop being so afraid of failure but we also need to be willing to fail—even eager to fail. I call this kind of instructive failure “failing forward.”

Simply get started, make mistakes, listen to the feedback, correct, and keep moving forward toward the goal.

Every experience will yield more useful information that you can apply the next time.