|
|
|
|
|
|
|
|
|
|
|
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
Most companies vastly underestimate the time commitment necessary to successfully... Read More
Does the idea of running your own business sound exciting?... Read More
1. Why should I not compete with others?The very concept... Read More
In my last article, "Follow That Guru", I told you... Read More
I recently took an entrepreneurial quiz which evaluated my answers... Read More
Why do people start small businesses? The most frequently cited... Read More
Have you ever heard of "Dream Boards" or "Treasure Maps"?... Read More
Q: I am interested in starting my own business. I... Read More
I recently read a magazine article about Andrew, a 42-year... Read More
EntrepreneurAn entrepreneur is a man who organizes and manages the... Read More
The success and failure for the entrepreneur is largely dictated... Read More
The first step in deciding whether to start a business... Read More
I was reminded of my own mortality today. I guess... Read More
You should wait until you're older and have more business... Read More
1. Isolating Yourself When setting up a business, you can... Read More
Does it seem like everyone and everything is vying for... Read More
Lauren Rosenstadt was a single mom working at a herbcompany... Read More
Franchise companies are not born they are made and when... Read More
I hear it all the time. "What should I do... Read More
Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship... Read More
Being an entrepreneur and running a successful home-based business is... Read More
Of all the real or perceived impediments to success, the... Read More
Venture capital firms are comprised of individual partners. These partners... Read More
It is only natural that when you start a business,... Read More
I just arrived back from the best seminar I have... Read More
Running a business is not an easy endeavor, it takes... Read More
I just arrived back from the best seminar I have... Read More
Sally and Jim have launched their automotive franchise business and... Read More
Isn't it funny how people think that being self-employed is... Read More
Many people are starting an online business without a thought... Read More
The Department of Labor predicts that the #1 employer in... Read More
Don't let these stop you from having a business plan... Read More
Does the idea of running your own business sound exciting?... Read More
Ray Bradbury's quote, "You've got to jump off cliffs all... Read More
Does A Franchise Meet Your Needs?When you think of becoming... Read More
Any success you have in life must begin with a... Read More
It's your first business or the next Great Idea in... Read More
With the economic downturn, students in all the major business... Read More
Starting your own private label clothing company is not as... Read More
Identifying prospects has come a long way since the days... Read More
In the United States we have the most efficient delivery... Read More
Entrepreneurship has been my passion for as long as I... Read More
Companies seeking capital often ask how long the Executive Summary... Read More
As a senior in high school, he paid cash for... Read More
James had an original concept and he needed an investor.... Read More
When franchise companies are moving fast in the market place... Read More
Almost every day, I talk with people who want to... Read More
Franchise business is being part of a successfully proven business... Read More
Owning a detail shop can be an exciting and rewarding... Read More
Last week I was working with one of my small... Read More
Entrepreneur Entrepreneur |