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10 Ways to Ensure the Success of your Start-up

10 Ways to Ensure the Success of your Start-up

Start-ups. They can bring you millions of dollars or debts. It seems like everybody has a start-up these days. Which is good! Entrepreneurs understand entrepreneurs.

People who put their ideas into action and get out there with a business that actually helps the world… eventually, make it to the Fortune lists, the Forbes lists and the Wealthiest lists.

Sadly, a lot of start-ups crash and burn well before then. Here’s how you can avoid the wreckage:

1. Delegate

There’s too much to do in a day. From marketing to web design and SEO, branding, providing social media content, updating your subscribers/email list with ARS. Not to mention developing and executing your plan, preparing for the market. Ah! It’s enough to derail any sane mind.

Several platforms you may have heard of include ProBlogger, Upwork, Guru, for your freelancing needs. Treading these murky waters tends to be hit or miss when it comes to the quality you need.

The point remains: nobody can do everything all by themselves. That’s why Tony Robbins, a successful businessman and author, delegate less-important tasks. Save what’s vital for yourself. It’s not your job to take the whole world on your shoulders.

2. Have A Concrete-Solid Plan

You can’t get to where you need to be, without knowing where it is you’re going. How do you figure that out? It’s time to get analytical.

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Draw out a map – a brainstorm, if you will. From point A to point B: right now, where are you? Where do you want to be? What will it take to get there? (Be sure to leave no stone unturned.)

Whether it’s learning how to program in a day or being ballsy enough to stare yourself in a mirror, and answer the hardest questions you’re asking yourself… if you’re successful at minute details, you’ve found a way to make entrepreneurship your metaphorical “slave”.

3. Work Ethic

Instead of giving value to JFK’s quote “Ask not what your country can do for you, but what you can do for your country,” a lot of people seem to be into “What can everyone do for me?”

Here’s the key to working hard: it is a necessity. Nobody will get anywhere by playing games three, four hours a day. Same goes for Netflix and YouTube. The people in life who are on the millionaire fast lane with their start-up businesses – the people whose names ring out all over the land… do not indulge their instant gratification.

I personally have trouble turning off video games. But, if I want to be anything more than a forgotten speck along posterity’s eternal breath… I’ve got to stop. Same goes for you.

4. Develop Thick Skin

Complaints will happen. It doesn’t matter what – some people out there just love to complain and listen to their own voice. When you launch and review initial feedback, there’s going to be a backlash. It’s inevitable. There is nothing anyone has ever created that’s escaped the vicious whip of “I hate this.”

And if you have to brush it off, that’s what you must do. At least, brush off feelings that may arise about, say, feeling personally attacked.

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One way to look at negative feedback is, looking at it like a platform for improvement. People tell you directly what’s wrong, so you fix it.

5. Invent Twitter and Blogger

Every time you start a company – and I’ve started five or six – you have the opportunity to screw up in whole new ways.
Evan Williams

The social media mogul who not only created Blogger – kicking off the launch for a revolution in our online communications (“online” is practically synonymous with blogging) but Twitter, as well.

Do something new, just like Evan did.

Clearly, Evan Williams knows how to punch history in the face and leave his mark. He was only able to do this after drafting and following his own rules.

6. Stay In The Game

This is a rule in life, not just for start-ups. You have to stay in the game.

Anybody can quit. A lot of people do quit. They quit their business, they quit the struggle for a better, richer life. They quit on themselves.

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This is what separates successful business owners from… everyone else.

The willingness to persevere is key – in life, love, and business.

Justin Kan, the co-founder of Twitch.tv, says: “90% of start-ups fail because the founders get bored, discouraged, or something else, and they move on to other things.”

If you’re starting something, you should believe in it. This is your LIFE we’re talking about, right now. Jumping one ship and onto another two weeks from now is a waste of time, money, and resources.

7. Ignore Naysayers

People love to criticize and argue. Everyone is an expert on something. You could be Jesus Christ reincarnated and you’ll be insulted.

Because the truth is, you can turn bad feedback into something good. Turning “this product lacked a way to X” into “now I can X and this product is great!”

Every now and then, though, people are going to tell you that you can’t do something. We invent a hundred and a million reasons for not doing something new. A lot of the times, the people who tell you “no” are the people who gave up on their own dreams a long time ago.

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It’s the sad, flabby “If I can’t have goals and desires, no one can” sack of pitiful waste. I’ve seen it over, and over, and over. It has no place in your life. Get rid of it. Get rid of the people it comes from.

8. What’s Your Exit Strategy?

Have an exit strategy when it’s time to sell. It is never a wrong time to have an exit strategy. YouTube sold itself to Google, do you remember that? Do you think YT’s co-founders ever thought that would happen?

Business is an art: and requires strategic moves to make your business look sexy to people looking to own it. Know when to sell your start-up to acquire maximum profit.

9. Evaluate Your Strengths

Being a jack-of-all-trades rarely works. Really settle into a niche you know for certain you can dominate, and superglue your time and effort to it. What can you do that your colleagues and competitors can’t? Utilize that; you’re an asset.

Evaluating your strengths just may help you single out your weaknesses – which is awesome. The most successful business owners always improve themselves. Knowing just where you can improve? It’s a win-win.

10. “Just Sell The Damn Thing”

What this means is: stop thinking, stop analyzing, and just get down in the trenches and grind yourself to the bone. Roll up those shirts and get to making those hours of plans a reality.

Why make money tomorrow when you can make money today? Get it done. Do it, for yourself. For the people who need you.

Last Word of Advice

I hope you’re in this for the long haul – because it is a massively time-consuming business, running a business. I hope you keep your head down, grind hard, and see a fortune doing what you love.

Featured photo credit: pexels.com via pexels.com

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Last Updated on September 24, 2020

17 Ways Learn New Skills Faster and Enjoy the Process

17 Ways Learn New Skills Faster and Enjoy the Process

In the movie The Matrix, everyone was intrigued with the ability that Neo and his friends possessed to learn new skills in a matter of seconds. With the incredible rise in technology today, the rapid learning in the movie is becoming much more of a reality than you realize.

The current generation has access to more knowledge and information than any before it. Through the internet, we are able to access all sorts of knowledge to answer almost every conceivable question. To become smarter, it’s more about the ability to learn faster, rather than being a natural born genius.

Here are 17 ways to kickstart your Matrix-style learning experience in a short amount of time.

1. Deconstruct and Reverse Engineer

Break down the skill that you want to learn into little pieces and learn techniques to master an isolated portion. The small pieces will come together to make up the whole skill.

For example, when you’re learning to play the guitar, learn how to press down a chord pattern with your fingers first without even trying to strum the chord. Once you are able to change between a couple of chord patterns, then add the strumming.

2. Use the Pareto Principle

Use the Pareto Principle, which is also known as the 80 20 rule. Identify the 20% of the work that will give you 80% of the results. Find out more about the 80 20 rule here: What Is the 80 20 Rule (And How to Use It to Boost Productivity)

Take learning a new language for example. It does not take long to realize that some words pop up over and over again as you’re learning. You can do a quick search for “most commonly used French words,” for example, and begin to learn them first before adding on the rest.

3. Make Stakes

Establish some sort of punishment for not learning the skill that you are seeking. There are sites available that allow you to make a donation toward a charity you absolutely hate if you do not meet your goals. Or you can place a bet with a friend to light that fire under you.

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However, keep in mind that several studies have shown that rewards tend to be more motivating than punishment[1].

4. Record Yourself

Seeing yourself on video is a great way to learn from your mistakes and identify areas that you need to improve. This is very effective for any musicians, actors, speakers, performers, and dancers.

5. Join a Group

There are huge benefits to learning in a group. Not only are you able to learn from others but you’ll be encouraged to make progress together. Whether it’s a chess club, a mastermind group, or an online meet-up group, get connected with other like-minded individuals.

6. Time Travel

Visit the library. Although everything is moving more and more online, there are still such things called libraries.

Whether it’s a municipal library or your university library, you will be amazed at some of the books available there that are not accessible online. Specifically, look for the hidden treasures and wisdom contained in the really old books.

7. Be a Chameleon

When you want to learn new skills, imitate your biggest idol. Watch a video and learn from seeing someone else do it. Participate in mimicry and copy what you see.

Studies have shown that, apart from learning,[2]

“Mimicry is an effective tool not only to create ties and social relationships, but also for maintaining them.”

Visual learning is a great way to speed up the learning process. YouTube has thousands of videos on almost every topic available.

8. Focus

Follow one course until success! It’s easy to get distracted, to throw in the towel, or to become interested in the next great thing and ditch what you initially set out to do.

Ditch the whole idea of multitasking, as it has been shown to be detrimental and unproductive Simply focus on the one new skill at hand until you get it done.

9. Visualize

The mind has great difficulty distinguishing between what is real and what is imagined. That is why athletes practice mentally seeing their success before attempting the real thing[3].

Visualize yourself achieving your new skill and each step that you need to make to see results. This is an important skill to help when you’re learning the basics or breaking a bad habit.

Take a look at this article to learn how to do so: How to Become a Person Who Can Visualize Results

10. Find a Mentor

Success leaves clues. The best short cut to become an expert is to find an expert and not have to make the mistakes that they have made.

Finding out what NOT to do from the expert will fast-track your learning when you want to learn new skills. It is a huge win to have them personally walk you through what needs to be done. Reach out and send an email to them.

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If you need help learning how to find a mentor, check out this article.

11. Sleep on It

Practice your new skill within four hours of going to sleep.

Josh Kaufman, author of The Personal MBA, is a noted rapid learning expert. He says that any practice done within this time frame causes your brain to embed the learning more rapidly into its neural pathways. Your memory and motor-mechanics are ingrained at a quicker level.

12. Use the 20-Hour Rule

Along with that tip, Kaufman also suggests 20 as the magic number of hours to dedicate to learning the new skill.

His reasoning is that everyone will hit a wall early on in the rapid learning stage and that “pre-committing” to 20 hours is a sure-fire way to push through that wall and acquire your new skill.[4]

Check out his video to find out more:

13. Learn by Doing

It’s easy to get caught up in reading and gathering information on how to learn new skills and never actually get around to doing those skills. The best way to learn is to do.

Regardless of how unprepared you feel, make sure you are physically engaged continuously. Keep alternating between research and practice.

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14. Complete Short Sprints

Rather than to force yourself into enduring hours upon hours of dedication, work in short sprints of about 20-30 minutes, then get up and stretch or take a short walk. Your brain’s attention span works best with short breaks, so be sure to give it the little rest it needs.

One study found that, between two groups of students, the students who took two short breaks when studying actually performed better than those who didn’t take breaks[5].

15. Ditch the Distractions

Make sure the environment you are in is perfect for your rapid-learning progress. That means ditching any social media, and the temptation to check any email. As the saying goes, “Out of sight, out of mind.”

Before you sit down to learn new skills, make sure that potential distractions are far from sight.

16. Use Nootropics

Otherwise known as brain enhancers, these cognitive boosters are available in natural herbal forms and in supplements.

Many students will swear by the increased focus that nootropics will provide[6], particularly as they get set for some serious cramming. Natural herbal nootropics have been used for thousands of years in Ayurvedic traditions to improve the mind and learning.

Find out more about brain supplements in this article.

17. Celebrate

For every single small win that you experience during the learning process, be sure to celebrate. Your brain will release endorphins and serotonin as you raise your hands in victory and pump your fits. Have a piece of chocolate and give yourself a pat on the back. This positive reinforcement will help you keep pushing forward as you learn new skills.

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The Bottom Line

Learning a new skill should be exciting and fun. Whether you use online courses, real world experience, YouTube videos, or free online resources, take time to learn in the long term. Keep picturing the joy of reaching the end goal and being a better version of yourself as continual motivation.

More Tips on How to Learn New Skills

Featured photo credit: Elijah M. Henderson via unsplash.com

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