Showing posts with label Financial freedom. Show all posts
Showing posts with label Financial freedom. Show all posts
Monday, July 29, 2019
Friday, July 19, 2019
4 Daily Habits Of the Most Successful Entrepreneurs
Entrepreneurship is hard. It needs unswerving discipline, and confidence in yourself and your business. Lots of people lack the opportunity to enjoy it. But for the few who are determined and ready to put in the hard work, entrepreneurship is the most fulfilling job, identity and lifestyle in the world.
Let's look at 4 daily habits of successful entrepreneurs.
1. They stick to a routine
A day has 24 hours only and as an entrepreneur, time is the most valuable thing in the world. To get the maximum potential out of every day, successful entrepreneurs follow a strict schedule.
For instance, Elon Musk, the founder and CEO of SpaceX and Tesla, schedules his whole day in five-minute blocks and he breaks up his week, where on Mondays and Thursdays he focuses on SpaceX and on Tuesdays and Wednesdays he pays attention to Tesla. He splits Fridays between both companies.
2. They read a lot
Most successful entrepreneurs make learning a regular daily habit. For instance, Bill Gates, Microsoft co-founder, reads 50 books a year. As an entrepreneur, you need to learn as the world is continually changing, and the most impactful entrepreneurs create their profiles by improving their knowledge.
If your background is in design and strategy, as an entrepreneur you must have engineering and computer science knowledge to contribute meaningfully to your ventures. Examine your future goals and establish what skills and capabilities may hinder you, then start learning today to be ready for those roadblocks. For engineers and designers, that obstacle may be management, finance or project planning. Yours may surprise you!
3. They exercise daily
Yes, exercise keeps your body fit and the mind sharp, and it has a great impact on an entrepreneur's long-term achievement. The reason is that it relieves stress and helps maintain a healthy work-life balance. Many successful entrepreneurs attribute their success to exercising and keeping fit. Richard Branson, the founder of Virgin Group, increases his productivity with daily exercise.
Don't make excuses! Fitness and mental calmness are essential for a happy lifestyle. They're the building blocks to your productivity for days, weeks and months. Find a sport, activity, or practice suitable for you and make it habitual by being responsible.
4. They stay positive
As an entrepreneur, you'll face many challenges, but what makes you succeed is a positive and creative mindset. Every day. Being able to see things from a positive dimension means you can see interesting and unique opportunities others can't see.
If you can't remain positive, it's time for a change. For instance, Steve Jobs started his mornings by repeating a simple mantra: "If today was the last day of my life, would I want to do what I'm about to do today?" If he answered this question with a "No," then he knew it was time to make a change.
Being an entrepreneur can be overwhelming and exhausting. So how do some people seem to thrive and achieve their goals and dreams while others struggle? The answer is mindset. To start taking steps today to embrace a success mindset get a copy of my free checklist, Cultivating A Business Mindset at https://jonallo.com/mindset
Article Source: https://EzineArticles.com/expert/Jon_Allo/1079948
Wednesday, July 10, 2019
Wednesday, July 3, 2019
Creativity - Do You Use It?
Many of my clients over the years have expressed concern about finances and wished they could relieve their debt burdens. But compounding interest and late fee penalties make the goal more and more unreachable.
Recently I watched some episodes from a British show entitled "How to Live Mortgage Free". I was amazed at what was accomplished by those who were determined to improve their lives by eliminating their mortgage.
Some of those who were featured wanted to accomplish this in preparation for their retirement. Others were younger. One couple set and reached their debt-free status before they were thirty years of age.
The ideas they used included renovating abandoned structures such as a barn, church or office. One couple didn't want to leave the house where they had raised their children so they sub-divided it into two houses and sold one. A young couple built their first home on the top of two trailer beds in a fashion that allowed them to move the whole thing at a later date if they desired.
A single father gutted and redesigned an Airstream trailer for himself and his daughter. An engineer turned a two-story bus into a home complete with elevator and mobile tracks so that his disabled wife could maneuver easily throughout.
One single mom told about how she reduced her mortgage from thirty years to eight by being thrifty and depositing the equivalent of twenty-five extra dollars at a time against the balance.
A couple who had lived on a boat for twenty-five years built a smaller one that was more affordable and then sold the first to pay off all their debt.
This series reminded me of the things that are needed in order to achieve success:
- A goal. It must be clear and reasonable. All of the individuals in the show also had a realistic timeline for completion.
- Sacrifice. It took many, many months and in some cases years of labour to complete the projects. Also, reduced square footage required down-sizing of possessions.
- Skills. Many learned how to build as they went, but some had carpentry, engineering, or sewing expertise before they started.
- Money. The people involved needed a place to stay while they were preparing their new homes. The initial costs for purchasing land, structures or materials were paid with savings or at least one continuing to work for income.
- Research. Many of the homes were built with second-hand fixtures and designed after study of magazines and examples of projects completed by others.
- Consulting. Asking for advice from people who have expertise was a key element of the projects.
- Creativity. Small spaces were used wisely to accommodate the residents who were moving in.
If you are struggling with financial issues, perhaps you could adopt the above principles. You don't have to necessarily pay off your mortgage but you could significantly improve your financial situation!
And now I would like to invite you to claim your Free Instant Access to a complimentary list of 10 Steps to Making Your Life an Adventure when you visit http://lindahancock.com
From Dr. Linda Hancock, Registered Psychologist and Registered Social Worker
Article Source: https://EzineArticles.com/expert/Linda_Hancock/152728
Article Source: http://EzineArticles.com/10139622
Tuesday, July 2, 2019
Saturday, June 29, 2019
How To Stop Negativity And Start Thinking Creatively
One of the things that can get in the way of creativity is the practice of negative thinking. Some people just naturally tend to think more negatively than others. It doesn't matter, though; you can turn off your negative inclinations and learn to be more positive.
Negative Thinking Is Limiting
Right now, think of some negative things for about 30 seconds. Now you're likely finding it hard to even read this because you're thinking about how the dishes aren't put away, or you don't have enough to pay that medical bill, and other things about your daily life. Plus, now that you're thinking negatively, you're likely not looking for solutions because eventually, the negativity turns into giving up.
Acknowledge Your Negative Thinking
The first thing to do is realize and accept that almost everyone thinks negatively sometimes. It's okay to have a bad day. But it's not okay to let any negative thing that happens to you inform your entire life.
Combat Negativity with Facts
When a negative thought comes to your mind, combat it with facts. There is always someone who has it worse so if you can cite those facts convincingly to yourself, you're going to feel better - at least for yourself.
Keep a Gratitude Journal
Before you go to bed each night, write down at least three things in your life that you are grateful for today. If you're not sure what to be grateful for today, be more general such as, "I'm glad that today I managed to get through the day without going to jail."
Surround Yourself with Positive People
The more people you can find that are generally positive and don't focus on the negative, the more positive you'll become. First, you'll feel silly always trying to be negative to positive people who will point out the positives to you because that's how they think. Secondly, their positivity rubs off onto you.
Smile More
This might seem like a condescending thing to say but the truth is that when we smile with our mouths, eyes and face, it releases endorphins that make us feel better. Anytime you feel negative, think of something that makes you smile.
Take Care of Your Health
It's hard to be positive if you're not healthy. Even if you have health issues, taking the best care of yourself can make you feel better inside and out. Eat right, exercise, take your vitamins, and drink plenty of water and you're going to have the energy to be more positive. This is going to almost automatically make you more creative.
A 'Success Mindset' means that when you have challenges, you'll be able to work through them with confidence and clarity. It means that when you are presented with an opportunity you'll be able to set fears aside and take advantage of the opportunity. To help you embrace a success mindset to improve your business, and your life, download my free checklist, Cultivating a Success Mindset, at https://jonallo.com/mindset
Article Source: https://EzineArticles.com/expert/Jon_Allo/1079948
Article Source: http://EzineArticles.com/10116822
Friday, June 28, 2019
To Increase Revenue, Focus on Your Impact
Companies that focus on impact have between 12 and 50% more financial success than those that focus primarily on profit. It may seem counter-intuitive, but the financial results of companies like Eileen Fisher, Patagonia, and Dr. Bronner's bear this out.
There are really two key words here: impact and focus. If your impact isn't infused into every aspect of your business, you won't realize your company's full potential. It's that consistent and inclusive focus on impact that guides you to more financial success.
With my impact-focused clients, it all begins with developing your Impact Purpose, a clear statement of the impact you want to have.
Do you find your Impact Purpose inspiring? Does it fill you with energy? If it doesn't, at least most of the time, you might be on the wrong track. Your clarity about the impact you want to have, whether it's social or environmental or both, serves as the rock on which you build and grow your impactful business.
When you steadily focus on your Impact Purpose, you'll find your thoughts turning from short-term pain to what you could achieve in your business and community. This thinking about others, and not just yourself, is a way to bring you out of the doldrums or away from unhelpful divergent thinking, and back into focus on your impact.
Reinforce this by having your Impact Purpose statement in front of you, every day. Have it on your desk or screen. In your wallet. On your fridge. Wherever you will be regularly reminded of what you intend, personally and with your company.
Plan your day and week with your Impact Purpose in mind. Include your company's Impact Purpose in your decisions about how time, money, and resources are spent, and with whom.
Spend the time and effort to ensure that your team understands the company's Impact Purpose just as well as you do, so that they can make those aligned decisions as well.
Thoughts aligned with purpose are a powerful creative force. Fill your and your team's attention with something worthwhile.
Focusing your company around impact, infusing it throughout your company, is a significant and powerful growth strategy.
Ursula Jorch is a speaker, business coach and consultant who helps entrepreneurs grow a successful business that makes a difference in the world. A 21-year successful entrepreneur herself, Ursula helps you define the difference you want to make in the world and develop strategy and marketing so you have ever-expanding impact.
Find Ursula on her podcast, Work Alchemy: The Impact Interviews where she interviews impactful entrepreneurs and leaders like Seth Godin and Marianne Williamson, and at WorkAlchemy.com for free resources for you and your business.
Article Source: https://EzineArticles.com/expert/Ursula_Jorch/1699443
Article Source: http://EzineArticles.com/10127931
Tuesday, June 25, 2019
6 Tips For Staying Motivated When You Just Don't Feel Like It
If your "get up and go" has got up and gone, here are a few suggestions to get your mojo back.
1. Stop Procrastinating
Chances are you might not be in the mood when you start, but you will gradually relax into a groove and get on with your to-do list. No matter how badly the work comes out, such as a new blog post, you have something you can edit and improve. Procrastinating will not gain you anything.
2. Don't Try to Be "Perfect"
Many business owners overwhelm themselves by thinking everything they do has to be perfect. It doesn't. It just has to get done. Do your best, of course, spellcheck your work and make sure you have said what you really mean and will not offend anyone before you hit the Send button. But otherwise, doing your best is better than doing nothing at all.
3. Avoid Overwhelm
A lot of people struggle to get their workday started because they are so overwhelmed that they literally have no idea where to start - and so they don't do anything. If this is the case, it's time for an honest assessment of what you are spending your time on each day. Consider outsourcing some of these jobs to affordable freelancers. But until you find the right helper/s, just pick anything from your to-do list and just do it.
4. Outsource Tasks That Drag You Down
There are always going to be tasks you love doing and look forward to each day. Chances are you are good at them, they are interesting, and you are proud of your work. Then there are the tasks that are dull, boring and you hate them. There are millions of freelancers online who can take these tasks off your plate so you can happily spend your time doing the things you love.
5. Manage Your Time Better
One reason you might feel unmotivated is that you're spending so many hours on your business, but don't seem to be getting the results you were hoping for. There might be a couple of reasons for this. One is that your hours are really not as productive as you think they are. Create a spreadsheet to track typical work days. Every 15 minutes, write down what you have accomplished. Then see how much of your work sessions can be spent on things that really grow your business.
6. Reward Yourself
Give yourself a little treat at the end of each task you complete. It could be a break, a nice hot cup of coffee, or five minutes of watching funny videos online - just don't get carried away.
Being a business owner can be overwhelming and exhausting. So how do some people seem to thrive and achieve their goals and dreams while others struggle? The answer is mindset.To start taking steps today to embrace a success mindset download my free checklist, Cultivating A Business Mindset at https://jonallo.com/mindset
Article Source: https://EzineArticles.com/expert/Jon_Allo/1079948
Article Source: http://EzineArticles.com/10123149
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