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
This morning I woke up at 4:30 in the morning,... Read More
Entrepreneurs know their business. They know their product, their service.... Read More
What seems like a century ago, I left school and... Read More
This year more than 17 million people will become entrepreneurs,... Read More
Define for yourself what an Entrepreneur is:What makes you think... Read More
Entrepreneurship is generally characterized by some type of innovation, a... Read More
What to Look Out For:Copyright - you absolutely must check... Read More
Print off this page, take the quiz and find out... Read More
Entrepreneurs and their businesses have a tendency to ambush themselves... Read More
Before you decide whether or not running your own business... Read More
Once again the squeeze is on as renewed inflation worries... Read More
It is widely held that one of the most important... Read More
IntroductionKnowledge is the key resource that forms the institutional basis... Read More
I am going to begin this article by sharing a... Read More
As one of the most successful direct sales entrepreneurs in... Read More
Saving time means pacing yourself, being organized, and always prioritizing... Read More
Widget sales are booming ? the competition is scrambling, demand... Read More
More and more corporate workers are leaving their jobs to... Read More
When launching a new product or company, an entrepreneur must... Read More
Sally and Jim have launched their automotive franchise business and... Read More
When companies enter into negotiations with venture capital firms, there... Read More
Entrepreneurs and companies who are seeking venture capital often negotiate... Read More
1) No Umbrella Business Plan or Strategy -- Without a... Read More
According to the latest edition of Pool and Spa news;... Read More
I think it's fair to say that not everyone is... Read More
I have worked in the credit industry for over 17... Read More
A streak dating back more than three decades came to... Read More
If you've ever received a service today and paid for... Read More
It's not uncommon to reach your 30s, 40s or even... Read More
It's important to understand when to add individuals to your... Read More
Any success you have in life must begin with a... Read More
All franchised companies must have Territory Limitations to maintain the... Read More
Cooking isn't much different than building a business. You have... Read More
So many people work their whole life to make money,... Read More
Business opportunities are often based on broad trends, such as:?... Read More
A business owner is thoroughly responsible for their own financial... Read More
Entrepreneurs and companies who are seeking venture capital often negotiate... Read More
Whether you are just starting your business or focusing on... Read More
They're really are powerful million dollar opportunites everywhere.Ok, let me... Read More
Hair care has been around as long as humans have... Read More
Rupert Steiner in his book 'My First Break' attempted to... Read More
It never ceases to amaze me. Almost everyone peers into... Read More
I love bargains. And there's no better place to find... Read More
As I awaken with the gift of yet another day... Read More
As a senior in high school, he paid cash for... Read More
With billions of dollars of venture capital residing down the... Read More
Starting your own private label clothing company is not as... Read More
Most companies vastly underestimate the time commitment necessary to successfully... Read More
As a service provider, the most important type of "boundary"... Read More
This year, over 800,000 of the approximately 2,000,000 start up... Read More
Entrepreneur Entrepreneur |
|