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7 Business Insights to Build an Astute Life Plan

7 Business Insights to Build an Astute Life Plan

The life cycle of a business involves evolution, maintenance, and dissolution or merger. Life is no different. To build anything worthy of deeming “successful,” a well thought-out, insightful plan is a must-have. Perhaps no other blueprint for success tops the in-depth presentation of a business plan. When devising a strategy for a fruitful business, we take the time to analyze the reality of a market, spell out how our business will fit in and excel within that space, determine how we will fund our aspirations, decide who will be a part of the journey, and how we will scale once we’ve met our initial goals.

Like a business plan, we need to analyze the reality of our circumstances and determine how our strengths and weaknesses can survive within the limited resources at our disposal. In life, we must figure out how we’ll finance our most basic needs; and, once those are met, fund our greatest aspirations. We must decide who will be on our team to help us be our best selves, to survive and to thrive, decide who will be a part of the journey, and how we will scale once we’ve met our initial goals. And, once we’ve conquered our goals, we continue to rediscover ourselves, even if it means finding happiness in new ways.

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Such astute planning in business is exactly the sort of exercise we should be doing when devising our course of actions in life.

Here are seven insights to get your life on track to build a meaningful and purposeful life.

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1. Set specific, achievable milestones.

And remember, your milestones may influence or affect others, so set those goals wisely. Reward yourself for achievements, but don’t berate yourself for your failures. With each failure comes the opportunity for a much-needed learning lesson.

2. Have a portfolio of your relationships.

Know the worth of your own relationships and how indispensable they are. Base your life on how many acquaintances, friends, and loved ones you make along the way.

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3. Prepare for dissolution/merger.

Leave a legacy – whether it is through your children or successes. Your children will immortalize your existence. Keep this in mind when raising your beloved.

4. Save a portion of your profits to service hobbies.

All work and no play will serve no one. Be sure to treat time for adventure and leisure as a priority and be certain you can finance such happenings. Use your vacation time, even if to do nothing other than to relax. Reward your hard work with fun and relaxation.

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5. Make people a priority.

Just like any innovation requires a nurturing atmosphere, your presence should inspire others, bringing out the best in those around you. Be confident enough to encourage those around you to thrive, and trust they will do the same. A healthy team can conquer far more than you ever will alone.

6. Prepare for the unexpected.

While your life cycle is quite predictable, the day-to-day surprises can seem overwhelming. The key is to remain adaptable – hope for the best while preparing for the worst. Life will throw you curve balls, be prepared and ready to conquer it all.

7. Make a difference.

Remember, all that you have earned, you will eventually return back to the Earth in one way or another. Just like a business that is built to serve others, know that your life’s purpose is to make the world at large run smoothly. Whether through taxes, charity, or your job, your life (and businesses alike) serves a much greater purpose than to be completely self-serving. Get out there and make a difference!

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Last Updated on June 13, 2019

10 Best Success Books You Need to Read to Be Great at Business

10 Best Success Books You Need to Read to Be Great at Business

Take a minute and think about some of the most successful people you know.

I’d bet they’re great with people, are super-productive, and think differently than most. After all, that’s how they got to be where they are today.

Jealous of them? You don’t have to be.

You can learn these same skills by studying some of the best business and success books that can help you take your game to the next level. Here’re 10 of my favorites:

1. How to Win Friends and Influence People by Dale Carnegie

    Dale Carnegie’s best-selling book that helped to launch a personal growth empire should be required reading for everyone who wants to learn how to build and nurture relationships for a lifetime.

    Read this book and you’ll learn some simple advice than can help you build popularity points within your current network and just as important, expand it to others.

    Get the book here!

    2. Focal Point by Brian Tracy

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      Got a lot on your to-do list? Of course you do. But what separates productive people from others is their ability to focus on a singular task at a time, and getting it done before moving on to the next one.

      Sounds simple in theory, but this can be extremely difficult in practice. In Focal Point Brian Tracy offers tips to help build discipline and organization into your day so you can get more stuff done.

      Get the book here!

      3. Purple Cow by Seth Godin

        Creating a “me-too” product can be easy at the start but can doom you to business failure. That’s why marketing maverick Seth Godin recommends creating a product that is truly different from anything already available in the marketplace.

        In essence by making the product different you’ll be building the marketing into the actual product development…which just makes your actual marketing a helluva lot easier.

        Get the book here!

        4. The Magic of Thinking Big by David Schwartz

          If you’ve struggled with procrastination or small thinking, this is the book for you. In it Schwartz offers practical advice that can help you get inspired and motivated to create a bigger life for yourself. And with it can be a more lucrative and rewarding career.

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          Get the book here!

          5. Man’s Search for Meaning by Viktor Frankel

            It can be difficult for lots of people to keep things in perspective, especially when working on high priority and urgent projects at work.

            Man’s Search for Meaning can be a life-changing book in the sense that it can open your eyes to a first-hand experience of one of the greatest atrocities in the history of mankind, while also teaching a valuable lesson about having purpose.

            Get the book here!

            6. The 4-Hour Work Week by Tim Ferriss

              Solo-entrepreneurs can learn a ton from the guy who made lifestyle design popular. But guess what? The 4HWW isn’t just for guys and girls who want to start a small online business.

              Smart moves like outsourcing, following the 80/20 rule, and automating processes should be made by entry-level workers and established executives alike.

              Get the book here!

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              7. Think and Grow Rich by Napoleon Hill

                I remember sitting on a couch and opening this book on a Saturday morning, thinking I’d get through a chapter and then get on with my day. Instead, about 12 hours later, I was finished with the book. The concepts in it were mind-blowing to me.

                To think that thoughts can create your reality sounded a little far-fetched at first. But after going through the book and understanding that your thoughts create your beliefs, which lead to actions, which then lead to habits….well you can get where I’m going with this.

                If you focus your thoughts on success, achieving it will be much more likely than thinking about obstacles, failures and everything else that can get in your way.

                Get the book here!

                8. The One Minute Manager by Kenneth Blanchard

                  If you’re going to read one management book in your life, this should be it. It’s simple. You can read it in an afternoon. And the advice works.

                  Get the book here!

                  9. The Lean Start-Up by Eric Ries

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                    Before you create any sort of business you’ll want to give Lean Start-Up a read through. Doing so can save you money, time and other resources you could have potentially wasted otherwise.

                    Get the book here!

                    10. The Monk and the Riddle by Randy Komisar

                      The story Randy Komisar shares in the Monk and the Riddle offers advice about not just about how you need to think when starting a new business, but also about how to build a life you’re passionate about.

                      Understanding the technical aspects of launching a start-up is great, but if you don’t have the staying power to stick with it when the going gets tough then it’s not likely to work.

                      This book can help you understand this lesson before you spend blood, sweat and tears on a project that you’re heart isn’t into.

                      Get the book here!

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                      Featured photo credit: Unsplash via unsplash.com

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