So, you've got a great business idea and you happen to have saved some money. Not much, but enough to start executing on the idea. And let's assume that you've got enough money that your business will start making money before you run out of money. What should you do in this case? Should you start pitching your idea to potential investors or should you start executing the idea on your [...]
Ordering in instead of cooking. Working from home instead of commuting. Using a dishwasher instead of the sink… All that time saved. Now that you’ve got the time back, you get to choose what’s truly important to you. How will you spend it? [Time spent on TV and social media has gone up every year of my lifetime].
If you started working in an already established business you're probably not entirely aware of the issue of trust. The issue of trust usually comes before the issue of pricing. Trust is divided into two types: a trust that your product or service can actually solve a problem ("trusting the product") and a trust that you're able to produce such a product or render such a service ("trusting the quality"). Only [...]
Author: Derek Sivers ISBN: 978-1988575070 One of my favorite author's guidelines on how ti live. EXCERPTS We do so many things for the money, whether we need it or not. But what if you had so much money that you couldn’t possibly want any more? What would you do then? What would you stop doing? And then if you stopped doing all these things you’re doing just for the money [...]
Author: Brad Stulberg, Steve Magness ISBN: 978-0593138793 A book for exceptionally driven people that want to avoid burnout. In my belief, if you read the below excerpts you don't need to read the whole piece. EXCERPTS All the greats shared something else in common: An unrelenting drive. An eternal hunger. An inability to be satiated. Passion. They are people who, simply put, cannot be content. People who thrive on the [...]
First things first: the way the world is (or at least the emergent way we perceive it) the money is either an important thing or everything (Peter Thiel in Zero to One). The minority knows that even though the money is important it is not the goal per se! They want to make money. And they also know how they will spend it. For them the money is only enabler. It [...]
An entrepreneur is a person, who is working on changing the current system for the better. Who is actively fighting against the status quo. It doesn't matter, whether he has his own company or not, whether he is high-tech or not. Not even if the area of change is not even in the business domain. It might as well be in the relationships he's having. Be an entrepreneur. Don't accept the [...]
Every now and then I stumble across a person, who thinks passive income means being paid for something you've done in the past. They think it's like interest payments; you don't have to do anything to collect it indefinitely. Such perception couldn't be father from the truth. I would define passive income as income: that one receives irrespective of time and space constraints (One is free to do the work when [...]
A few days ago I stumbled upon this video on LinkedIn. It is a presentation (marketing) video for a German department of one of the largest law firms. I was expecting to see the best marketing practices in action. I was really disappointed. The makers of the video should have known better. Here are the the most obvious failures: 1. Don't talk, demonstrate! Words are cheap. Especially when they [...]
Author: Derek Sivers ISBN: 978-1988575018 Awesome advice for pursuing art or business. Reminds me quite a lot of Seth Godin. Nothing wrong with that ? EXCERPTS All opportunities come from people. Stay in touch with everyone. Use a database. People skills are counterintuitive. To be helped, be helpful. Persistence is polite. Be resourceful. Ask for help, but never wait for help. Call the destination and ask for directions. Get specific [...]