7 Lean Marketing Laws For The Inspired Entrepreneur

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

In The News:


Shades of grey
The Economist
THE SMALL-BUSINESS association of Wenzhou, a city in Zhejiang province renowned for its scrappy entrepreneurialism, used to inhabit spartan premises in the city centre, but in March it graduated to plusher offices 15 floors up on the fringes of the ...


Win tickets to arts and tech festival NXNE in Toronto
New Scientist (blog)
As you might expect of the festival that is a spin-off of Texas's famous SXSW festival, NXNE (North By Northeast) is awash with hip music and films, as well as talks on the intersection of creativity, technology and entrepreneurialism.

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Leaders explore help for entrepreneurialism
Bastrop Daily Enterprise
Winrock International Managing Director Annett Pagan, left, met with local and surrounding town officials to discuss strategic planning for economic development. Left from Pagan: City of Bastrop Mayor Betty Alford-Olive and Northeast La.


Intelius CEO Naveen Jain To Challenge The Value Of 'Experts' In Today's ...
MarketWatch (press release)
Jain is honored to share his unique vision for innovative entrepreneurialism at the US Chamber of Commerce's special annual event. Jain will join other successful entrepreneurs and leading pioneers in an exclusive live event series at 1:00 pm entitled ...

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Microsoft Announces Worldwide Finalists for Imagine Cup 2012
The FINANCIAL
As the winners of regional, national and online Imagine Cup competitions, these students represent the future of technology innovation and entrepreneurialism. According to Microsoft , student teams from 75 countries have advanced to the finals with ...

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Building Brand Britain
Huffington Post UK (blog)
British creativity and British entrepreneurialism are known around the world and that is something we should take enormous pride in. We've built some fantastic brands and for such a small island, we certainly punch way above our weight.


Asian Chamber of Commerce Celebrates the Spirit of Entrepreneurship at 22nd ...
The Paper Magazine
At a young age, Rippy was introduced to entrepreneurialism by her mother who founded a pharmaceutical company called ROMAT, which is now one of the leading pharmaceutical companies in Kazakhstan today. Growing up as a latch-key child, Rippy managed to ...


Communitech HYPERDRIVE Joins Global Accelerator Network as Deadline for ...
MarketWatch (press release)
"HYPERDRIVE's accelerator platform, which takes a hands-on mentoring approach, not only meets GAN's rigorous standards, but infuses a sense of edgy entrepreneurialism into the high-tech industry, bringing excitement to the group as a whole.

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Microsoft Announces Worldwide Finalists for Imagine Cup 2012
MarketWatch (press release)
As the winners of regional, national and online Imagine Cup competitions, these students represent the future of technology innovation and entrepreneurialism. Student teams from 75 countries have advanced to the finals with projects that tackle ...

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The predictability of politics II: Social mobility and political ...
The Malaysian Insider
MAY 2 — Remaining focused on the developments in Malaysia and the countries around us, let us go back to the topic of predictability in politics, and consider its relation to social mobility and political entrepreneurialism.

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