Successful entrepreneurs do first, and hire second.
I am always amazed at the speed at which new entrepreneurs want to hire people to do things they can do themselves. Why? Working “on the business,” rather than just “in the business,” is a valid idea. The only way to grow is to work on the big picture. The forest. You can’t be consumed just by the trees in the forest. But, if you are just starting a business focus on both. Learn every station. Save your cash.
To succeed, you have to either increase your skills, or decrease your goals. You pick.
I love projects. Not the kind of projects my wife gives me on a to-do list. I hardly ever get to those. Rather, I mean business projects. I like to make money. And if you put the possibility of making money together with a new project of done dirt, well . . . I’m in heaven.
So this dinner I have a few projects. Three to be exact. Technically, only two of them really have any potential to make a profit. At least anytime soon. But the third is still important. Let me tell you about them.
The first project relates to an idea I have had for a while. I call it “service arbitrage.” It’s more of an experiment than a true project. But if it works, it could offer a new income stream, with virtually no work on my part.
The second project is a t-shirt business. I know, I know. The apparel business is brutal. It’s risky. I get it. But it’s still something I want to do.
The third project is a top secret idea. It’s something that has been bouncing around in my head for a while. But it has finally found its way out, and it’s time to put it in motion. It’s a long shot. But it’s cool. And I really think it’s going to be a blast. We will see.
Over the next couple of months all three of these projects will come to light. Stay tuned.
You can’t buy happiness. But you can buy time. And when you have time, you can create happiness, by finding purpose.
Unproductivity and waste expands to fill the time left available for it to consume. Get up and do something.
Work. You want to succeed? Work. You want to win. Work. You want it all? Work. There is no magic bullet, except . . . work!
Work hard, work fast, work smart, then work some more.
Make mistakes, or make nothing at all.
It Takes 1,000 Increments to Result in Instant Innovation
Don’t trade liquidity for responsibility, without a payoff.
Give a man one path to walk, and he will reach his goal. Show him three paths to success, and it is unlikely he will ever complete any of them.
It’s the Paradox of Choice. The more choices we have, the less likely we are to act. The more goals and ideas you pursue, the less likely you are to accomplish any of them.
Focus isn’t about what you see. It’s about choosing not to see the surrounding distractions. Too many choices, too many goals, is just noise. The absence of noise results in clear focus.