The following laws will provide guidance on how to act,
think and work in a lean way. You can apply these laws to
all areas of your life, work and business to get bigger
results from the time you invest.
1. Multiple Rewards
Aim to be rewarded multiple times for a single effort. Money
can be recovered but time cannot. Time gets spent. You can't
put it in a bank and you can't earn more of it. Wherever
possible, you should look for ways to get paid/rewarded
multiple times for each hour you invest. You will never
be truly independent if your income comes from your own
time and labour so package your knowledge as a product.
Once you have aproduct you can sell your packaged
time again and again.
2. Mistakes Are Gifts
Mistakes are nothing more than "Learning Opportunities".
The best way to learn more and grow more is to make more
mistakes. Mistakes are unavoidable when you're learning so
adopt a ready, fire, aim approach to decisions and learn as
you take action. If it doesn't work you can easily make
another
decision to put things right again.
3. Know When To Stop
Be prepared to stop what you're doing. Take stock and try
something different. Don't let pride, fear of ridicule or
ego get in the way of good judgement. When a mission is
over, learn from it and move on.
4. Use Your Levers
Do the little things that make the biggest difference.
Aim for maximum impact with minimum effort. Focus will help
but there are other forms of leverage too. Here are just
two.
OPT - Other People's Time. Don't be afraid to ask for help.
You don't have to do it all yourself. Use your network. Ask
and you shall receive. Give and you shall get.
Recycle - Learn to recognise value in everything you do.
Turn your ezine into a book and sell it. Write your words
of wisdom down and share them.
5. Don't Be Busy - Be Effective
Don't waste your hours simply being "busy". Being busy does
not cause you to be wealthy. So don't be busy - be
effective.
Remember the 80:20 rule. Typically 20 per cent of the things
you do will be responsible for 80 per cent of the results
you get. So focus on the 20 per cent that gets the result.
6. Always Look For The Easy Route
If there's an easy way to do something and a hard way - take
the easy way first. I call this "inspired laziness"
7. Measure Progress By What You Reap
The only truth is the result. Doing lots of things is not
the same as achieving lots of things. Measure progress by
your outcomes not your inputs.
4 Out Of 5 Small Businesses Go Bust
Inside 5 Years! Finally - A Guaranteed
Way To Make Sure You're Not One Of Them...
http://www.leanmarketing.co.uk/toolbooks
Many of us slave away for years for one uninspiring... Read More
Saving time means pacing yourself, being organized, and always prioritizing... Read More
So few really understand the drives and motivations of entrepreneurs.... Read More
Great question! Overwhelm is very common even among the most... Read More
Will I be successful as a franchisee?One of the soundest... Read More
A number of economic changes are magnifying the role of... Read More
Of all the real or perceived impediments to success, the... Read More
Have you ever heard of an ultramarathon? A standard marathon... Read More
So you had that fantastic business idea, the one that's... Read More
Isn't it funny how people think that being self-employed is... Read More
Living in the twilight zone has its advantages. In the... Read More
When companies enter into negotiations with venture capital firms, there... Read More
I hear it all the time. "What should I do... Read More
Dwight Payne and Gary Heap reside in Santa Barbara, CA,... Read More
Running a one-person business is a creative, flexible and challenging... Read More
Many people who set up as consultants never make more... Read More
A business owner is thoroughly responsible for their own financial... Read More
Want to know why certain people succeed and others don't.... Read More
Entrepreneurship has been my passion for as long as I... Read More
In my last article, "Follow That Guru", I told you... Read More
As a service provider you may not want to think... Read More
You run a small consultancy. You're well qualified, experienced and... Read More
Franchising InformationFranchise oppotunities are all around us today. You may... Read More
Adolescence brings with it many challenges ? for both parents... Read More
Discover the pitfalls of owning your own business BEFORE... [you... Read More
Isn't it funny how people think that being self-employed is... Read More
At an International Franchising Symposium in London, Peter Holt made... Read More
What seems like a century ago, I left school and... Read More
Through just five or six intermediaries, you could be linked... Read More
When franchise companies are moving fast in the market place... Read More
Cooking isn't much different than building a business. You have... Read More
Most entrepreneurs constantly come up with new ideas. Whether they... Read More
What is it that sets a successful businessperson apart from... Read More
As you have shown an interest in starting a business... Read More
The successful entrepreneur is generally more inclined, once a business... Read More
"Berkshire Hathaway (NYSE: BRK.A) to purchase Clayton Homes for $12.50... Read More
Would you like to increase your chances of business success... Read More
Q: When it comes to succeeding in business, which do... Read More
Print off this page, take the quiz and find out... Read More
You want to get a good, solid overview of what... Read More
Have you ever heard that only a small part (5%)... Read More
You are a struggling entrepreneur and sometimes it feels like... Read More
We've all seen the hype: "We'll put your plan in... Read More
The basic rule is simple: "Find a market need and... Read More
Did you ever wonder what happens to all that government... Read More
In a recent talk to the Detroit Economic Club, President... Read More
It's not uncommon to reach your 30s, 40s or even... Read More
You've probably heard this, or maybe you will relate to... Read More
Will I be successful as a franchisee?One of the soundest... Read More
One of the most important benefits employed people enjoy is... Read More
|
|