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8 Life Hacks for Millennials Who Want to Achieve Success

8 Life Hacks for Millennials Who Want to Achieve Success

We live in a time in which anyone with a good idea and the drive to bring it to life can find success. However, it’s not as easy as putting your idea out there and waiting for the money to start rolling in. There’s a lot of tough work involved, especially when starting your own business. While it can be intimidating getting your business off the ground, keeping the following maxims in mind can help get your entrepreneurial excursion off on the right foot.

1. Wade in, don’t dive.

This is not to say you shouldn’t put your all into your business venture, but you definitely do not want to overwhelm yourself to the point of giving up before you even get moving. Learn as much as you can, but do so systematically. There’s a lot to know about running your own business, but you should gain a strong foundational knowledge of entrepreneurship before you tackle the more advanced techniques and ideas. Set intentional daily, weekly, and monthly goals for your education, and keep track of what you’ve learned on a daily basis.

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2. Be frugal.

We’ve all heard the saying “You gotta spend money to make money,” but that shouldn’t persuade you to go broke chasing your dream. You definitely need to invest in your business venture to get it off the ground, but don’t assume you will be an automatic success and spend all your extra cash on frivolous items. A year or two living in a studio apartment might be rough while getting going, but it will make for a good start to your biography when you’re 40 and own a home in the Hamptons.

3. Invest in yourself.

Like I said, you are definitely going to have to shell out some cash to get moving toward success. But spend that money wisely. Spend it on your education and your future. You don’t even necessarily need to have a four-year degree to gain the knowledge to be a successful businessman. Check out online courses and workshops. Many are available for free, or at the fraction of the cost of tuition at a large university. Even though you might start out your career in the red, you shouldn’t put a price on your education.

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4. Meditate.

Many successful businessmen have discussed the benefits of meditation at length. Meditating calms the mind, body, and spirit, and allows you to spend time in deep reflection. Use this time to clear your head of all the nagging issues which plagued you throughout the day. After you have spent time calming your nerves and mind, come back to the pressing issues that were causing you trouble before with a fresh head and new perspective. It’s a much better strategy than plodding through and burning yourself out.

5. Stay healthy.

Speaking of avoiding burnout, you can’t be productive if you’re bedridden. It’s good to be ambitious, but it’s not good to neglect your body’s needs in favor of your business. Take time to do some exercise on a daily basis. Don’t skip out on meals, no matter how much work you have to do. And get enough sleep. Your body will thank you for going to bed at a normal hour by waking you up earlier than you expected. Listen to what your body tells you, and don’t put it off. You could end up doing much more damage to your venture than will be done if you just call it quits early for a day.

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6. Network.

You definitely can’t go it alone in today’s business world. You have to make connections in order to help your business, and your own self, grow. Of course, it’s incredibly easy to hop on LinkedIn or Twitter and connect with hundreds, if not thousands, of other likeminded individuals. But the most worthwhile connections you’ll make will be the ones you’ve made in person. These are the people you can really learn something from, and who will take your business venture seriously. Put yourself out there and find people who you can truly connect with.

7. Be innovative.

If you don’t want to create another middle-of-the-road company whose mantra is “reach the status quo,” you’re going to need to be an innovative thinker. Analyze common problems faced by people of all walks of life, and attack the issue from a variety of perspectives. Try to come up with new, inventive solutions that use resources differently and more effectively. Accept that entrepreneurship involves a series of trials and errors, and it will take time and effort for you to make your first breakthrough. When you do get there, it will certainly be worth it.

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8. Keep pushing.

Like I said, it’s highly unlikely your first major breakthrough as an entrepreneur will come immediately. But that doesn’t mean you should stop trying. Use the information you gleaned through your failed experiments and trials to make more informed decisions during subsequent attempts. As long as your knowledge and understanding continue to grow, your failures aren’t truly failures at all. It’s when you stop trying altogether that you’ve truly wasted your talents.

Featured photo credit: Steven Depolo via Flickr via farm7.staticflickr.com

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Matt Duczeminski

A passionate writer who shares lifestlye tips on Lifehack

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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