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6 Lessons For Entrepreneurs From Game Of Thrones

6 Lessons For Entrepreneurs From Game Of Thrones

Game of Thrones is coming to us with a 6th season, which is a great opportunity to review what we know about the series until now. And more important, what we learned from the series. While most people focus on the murders, I tried to go beyond them and analyze why each character did those outrageous things. And this is how I found Game of Thrones offers a lot of valuable lessons for entrepreneurs!

1. Do not owe anyone, anything

The famous line of the Lannisters is “A Lannister always pays his debts”, which is probably the most valuable tip in this list of lessons for entrepreneurs from Game of Thrones. If Tyrion and his gang used this rule to justify the slaughter, entrepreneurs can use it to make sure their business thrives.

As a businessman your goal is to maximize the profit, but you must always pay your debts! As soon as you leave your debts to gather, you enter a downward road, which is not going to end with a cool breeze from the business market! In fact, not even the most powerful air conditioner will be able to cool down your employees and partners, if you’ve failed to pay them on time. Worse, your business rivals are waiting for this dark scenario to happen, so they can steel your employees and partners, along with your internal secrets.

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The take away: always pay your debts, for the safety of your company.

If you do fail, everyone in the market will recognize you as a reliable, serious entrepreneur, so they will be willing to work with you again.

2. Do not fear bad times

Littlefinger’s favorite line is “Chaos is not a pit, but a ladder” and he couldn’t be more right! For an entrepreneur, the best times are bad ones, when you need to struggle and learn a lot of things on the go. During bad times you have to act fast and dare to take bold decisions. If your company manages to survive during tough times, when the storm makes room for bright sun, your company is going to sail in full bloom. One of the best lessons for entrepreneurs you can take away from Game of Thrones is seeing tough times as opportunities, not obstacles.

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3. If you need to reinforce your status as a leader, you’re sitting on a thin layer of ice

As an entrepreneur, you have to inspire your employees and partners and gain your status as a boss. Successful entrepreneurs never have to say they are the boss, just like respected people never have to say “respect me”. In Game of Thrones, the Lannisters, (“Any man who must say I am the king is no true king”) act as rulers and they are seen as rulers. In real life, you need to act like a boss, take the right decisions, be objective and never cross the boundaries. If you are a good entrepreneur, power will come to you on the way, as well as respect and profit.

4. Don’t be afraid to speak up

Tyrion Lannister also offers a great lesson for beginner entrepreneurs: he might not be taken seriously at some times, but this doesn’t stop him from speaking out loud. When you are a young entrepreneur, or you’re not even currently holding the status of an entrepreneur, but you wish you could run your own company one day, you need to be bold enough to speak up your mind. Don’t be afraid to step up in front of the line and share your ideas – you might be noticed by someone!

5. Don’t be unfair to your employees or partners

The entire Game of Thrones series is rich in bloody leaders who inspire fear in everyone who dares to look up to them. With one exception: Daenerys. The blonde teen becomes the beloved Khaleesi due to her kindness. When you translate this into business world, you gain important lessons for entrepreneurs: don’t be cruel entrepreneur, employer and partner. Yes, you do want people to respect you and listen to you, but using cruelty is not the way to gain loyalty.

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Never try to intimidate others and gamble on your skills to get contracts and grow your business. In the long run, this approach will gain you a lot of friends and trusted partners, which are essential for a successful entrepreneur.

Also, listen to your team! If you fail to do this, you might become a despised leader. Looking at Game of Thrones’ Joffrey Baratheon, you can see the side effects of such a leader. On the business market, being despised is a sure way to kill your company, as your reputation is an important drive for businesses.

6. Never break your word

In businesses, your word is sacred! Once you’ve broken a promise, you’ve lost your word as well as your credibility. Without a valid word, you are going to have a tough life in the business world, where many agreements and contracts start with a discussion at a smoke. Retrieving your credibility is almost impossible, so make sure you never break a promise. Who taught us this from Game of Thrones? Robb Stark, who promised to wed a Frey woman, than completely forgot about it and we all know the bloody consequences of his broken promise.

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Lastly, remember the iconic line from Game of Thrones: Winter is coming!

The House of Stark doesn’t want to message us all that it’s time to open the winter coat chests, but they want to say they are always looking forward to make sure they are never caught on a bad foot. Back to business, you have to look in the future and make sure you stay up to date with the latest innovations and technologies. The sooner you do this, the better for you. If you are preparing your “winter coats” in the summer, you are definitely going to win the Game of Businesses!

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Last Updated on September 17, 2018

How to Stop Multitasking and Become Way More Productive

How to Stop Multitasking and Become Way More Productive

Today we are expected to work in highly disruptive environments. We sit down at our desks, turn on our computer and immediately we are hit with hundreds of emails all vying for our attention.

Our phones are beeping and pinging with new alerts to messages, likes and comments and our colleagues are complaining about the latest company initiative is designed to get us to do more work and spend less time at home.

All these distractions result in us multitasking where our attention is switching between one crisis and the next.

Multitasking is a problem. But how to stop multitasking?

How bad really is multitasking?

It dilutes your focus and attention so even the easiest of tasks become much harder and take longer to complete.

Studies have shown that while you think you are multitasking, you are in fact task switching, which means your attention is switching between two or more pieces of work and that depletes the energy resources you have to do your work.

This is why, even though you may have done little to no physical activity, you arrive home at the end of the day feeling exhausted and not in the mood to do anything.

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We know it is not a good way to get quality work done, but the demands for out attention persist and rather than reduce, are likely to increase as the years go by.

So what to do about it?

Ways to stop multitasking and increase productivity

Now, forget about how to multitask!

Here are a few strategies on how to stop multitasking so you can get better quality and more work done in the time you have each working day:

1. Get enough rest

When you are tired, your brain has less strength to resist even the tiniest attention seeker. This is why when you find your mind wandering, it is a sign your brain is tired and time to take a break.

This does not just mean taking breaks throughout the day, it also means making sure you get enough sleep every day.

When you are well rested and take short regular breaks throughout the day your brain is fully refuelled and ready to focus in on the work that is important.

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2. Plan your day

When you don’t have a plan for the day, the day will create a plan for you. When you allow outside influences to take control of your day, it is very hard not to be dragged off in all directions.

When you have a plan for the day, when you arrive at work your brain knows exactly what it is you want to accomplish and will subconsciously have prepared itself for a sustained period of focused work.

Your resistance to distractions and other work will be high and you will focus much better on the work that needs doing.

3. Remove everything from your desk and screen except for the work you are doing

I learned this one a long time ago. In my previous work, I worked in a law office and I had case files to deal with. If I had more than one case file on my desk at any one time, I would find my eyes wandering over the other case files on my desk when I had something difficult to do.

I was looking for something easier. This meant often I was working on three or four cases at one time and that always led to mistakes and slower completion.

Now when I am working on something, I am in full-screen mode where all I can see is the work I am working on right now.

4. When at your desk, do work

We are creatures of habit. If we do our online shopping and news reading at our desks as well as our work, we will always have the temptation to be doing stuff that we should not be doing at that moment.

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Do your online shopping from another place—your home or from your phone when you are having a break—and only do your work when at your desk. This conditions your brain to focus in on your work and not other distractions.

5. Learn to say no

Whenever you hear the phrase “learn to say no,” it does not mean going about being rude to everyone. What it does mean is delay saying yes.

Most problems occur when we say “yes” immediately. We then have to spend an inordinate amount of energy thinking of ways to get ourselves out of the commitment we made.

By saying “let me think about it” or “can I let you know later” gives you time to evaluate the offer and allows you to get back to what you were doing quicker.

6. Turn off notifications on your computer

For most of us, we still use computers to do our work. When you have email alert pop-ups and other notifications turned on, they will distract you no matter how strong you feel.

Turn them off and schedule email reviewing for times between doing your focused work. Doing this will give you a lot of time back because you will be able to remain focused on the work in front of you.

7. Find a quiet place to do your most important work

Most workplaces have meeting rooms that are vacant. If you do have important work to get done, ask if you can use one of those rooms and do your work there.

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You can close the door, put on your headphones and just focus on what is important. This is a great way to remove all the other, non-important, tasks demanding your attention and just focus on one piece of work.

The bottom line

Focusing on one piece of work at a time can be hard but the benefits to the amount of work you get done are worth it. You will make fewer mistakes, you will get more done and will feel a lot less tired at the end of the day.

Make a list of the four or five things you want to get done the next day before you finish your work for the day and when you start the day, begin at the top of the list with the first item.

Don’t start anything else until you have finished the first one and then move on to the second one. This one trick will help you to become way more productive.

Featured photo credit: Unsplash via unsplash.com

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