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Your Business Will Grow Quickly If You Have These 10 Beliefs

Your Business Will Grow Quickly If You Have These 10 Beliefs

Business success depends on a number of factors. Some entrepreneurs make progress based on technical innovations. Many others build companies by offering a service or product that is clearly superior to everything else on the market. No matter what industry you are in, your business beliefs make a tremendous impact. Our beliefs shape our decisions about our business, especially when we are under pressure. If you have the following 10 beliefs, your business is guaranteed to improve.

1. You choose your own goals.

The determination to choose your own business goals makes a significant impact. Many in the corporate world wait passively for their goals to be assigned by senior management. If your investors and bankers require you to meet certain goals, there’s no need to limit yourself to those goals. Set at least one business goal based on your interests and desires.

What goals should you consider? Many people choose to focus on career goals (e.g. gain a promotion, land a new job). However, Michael Hyatt—creator of the 5 Days to Your Best Year Ever goal setting program—recommends a blend of goals to cover business (e.g. increase revenue), health (e.g. run a marathon), personal development (e.g. read 30 books) and relationships (e.g. take a “bucket list” trip to Europe with your spouse).

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2. You build positive relationships and partners.

Running a business requires supportive relationships. When you’re first starting out, take the time to build good relationships with your customers. Before long, you will find out that customers who like you are much more likely to bring new business to you. At this point, you may be wondering how exactly to create a positive business relationship. While every relationship is different, most positive relationships share the following qualities:

  • You learn how to detect negative cues: Noticing the lack of an activity can be an early warning sign that the relationship is in trouble (e.g. your business partner takes three days to return your calls instead of two).
  • You practice the art of active listening: Listening effectively is a complex skill but you can become better by using active listening techniques.
  • You look for ways to help others reach their business goals: introduce your business associates to new people, share books, share articles: there are many ways you can help people reach their business goals.

3. You have a humble attitude to learn about business.

Many writers stress the importance of confidence in business. Yet, over confidence has caused many companies to fail in recent years. When you have a humble approach to business, you stay open to new ideas and different solutions. When you are humble, you tend to ask more questions about business. You ask for business book recommendations, you realize that your plans will have to change with new information and you understand that staying curious is a key to success.

4. You take thoughtful risks.

How do you feel about risk in the business world? Some entrepreneurs feel the urge to vet everything on the success or failure of a single transaction. If that level of risk unsettles you, then you are in good company. Some of the most successful people in business put serious thought into managing risk.

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When Richard Branson, the noted British entrepreneur and billionaire, launched his airline in the 1980s, he thought through risk and created the following creative deal:

Once I had negotiated the price for a second hand 747 from Boeing, I said to them that if Virgin Atlantic wasn’t successful, then I wanted to be able to hand the plane back at the end of the first year—therefore protecting the downside. (Best Advice: Protect the Downside by Richard Branson)

Here are two other ways you can increase your ability to take risks:

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  • Apply the art of rejection therapy: the risk of rejection keeps many people from reaching business success. Jia Jiang went through 100 days of rejection—his experience shows how you can grow by overcoming the risk of rejection.
  • Practice risk management in your life to keep your health, finances and career in good condition. It is easier to take risks in business if you are keeping managing your health!

5. You are grateful to customers, suppliers, and others who support your business.

From time to time, it pays to sit back and be grateful for suppliers and customers. In fact, a gratitude habit is one of the best ways to maintain your mental health. We all know that the business world is stressful so this belief keeps you going through difficult times.

6. You strive for growth in every experience.

Business brings disappointment and frustration. A key employee resigns just when you need them. Several customers abandon you. Your belief in these times of difficulty will keep you going. Researcher Carol Dweck, author of Mindset: The New Psychology of Success, has demonstrated that a growth mindset leads to success.

7. You believe in yourself and your business.

Critics are everywhere. As Theodore Roosevelt pointed out in his famous “Man In The Arena” speech, it is not the critic who counts. When you put in the time and effort to build your company’s products and services, take pride in what you have achieved! When you move forward with confidence in your business, you will make more sales than the person who is consumed with doubt and worry.

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8. You are proactive in managing your calendar.

What do you believe about your time? It’s an easy to question to answer. Think about how you used the first two hours of the day yesterday. Did you open email and start reacting to messages? That’s an easy way to become reactive and lose control of your day. Even worse, constant email checking trains your mind to be reactive to other people, rather than act on your own goals.

When you adopt a proactive attitude to your calendar, your business will start to take off. That’s why many of the most successful people in business have morning routines—they get up early for exercise, reading and meditation. Schedule at least one hour a day to work on your most important projects—creating a new product or reviewing your progress on your annual goals.

9. You have a healthy attitude about conflict.

In a business class I took, the instructor once said “never forget that buyers and vendors have different objectives.” That’s true! Competing objectives is one of the sources of conflict. You may also encounter sharply different approaches to work. When you have realistic beliefs about conflict, you can move forward to develop solutions. For the best results, look for ways to collaborate to solve a problem.

  • Do you have employees or contractors to manage? Experts estimate that managers spend 30% of their time working on conflict. If you spend anything like that amount of time on conflict, then it pays to become more effective.
  • To reduce legal expenses, consider using alternate dispute resolution (ADR) in contracts with suppliers and partners.

10. You understand the importance of ownership.

Ownership is one of the most important beliefs in business. In a financial context, maintaining ownership of your company keeps you in charge. Broadly speaking, working with an owner’s mind means that you own your choices. When you take responsibility, you can fully celebrate your victories!

Featured photo credit: Young man with laptop in hand running on meadow with dandelions via shutterstock.com

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Bruce Harpham

Bruce Harpham is a Project Management Professional and Founder and CEO of Project Management Hacks.

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Last Updated on October 17, 2018

7 Natural (And Highly Effective) Ways to Improve Memory

7 Natural (And Highly Effective) Ways to Improve Memory

How is your memory? Is your cognitive function as strong as you’d like it to be?

If not, then you’re definitely going to be interested in the memory improvement tips I’ll be sharing with you in this article.

Despite what you might think – or have been told – improving your ability to recall information is certainly possible. You just need to know the right ways to do it. (Don’t worry, as you won’t need to make any significant lifestyle changes.)

So how to improve memory? Let’s dive straight into the first of seven easy ways to improve your memory significantly.

1. Meditate

We live in a world of non-stop, 24/7 information. It’s like a waterfall that’s endlessly pouring news, data, facts and figures into our conscious minds.

Unfortunately, our brains are not designed to absorb this tremendous amount of information. It’s no wonder then, that most people struggle to remember information and recall things.

Even if you believe you have a good memory and are comfortable with multi-tasking, you’ll also be aware that there’s only so much information your brain can process at one time. And research suggests that the more information and distractions, the harder it is for you to transfer information to your long-term memory.[1]

Fortunately, meditation can help you out.

Even if you just meditate for 10 minutes per day, you’ll boost your ability to focus, which in turn, will make it easier for you to remember important facts.

If you need help in shifting into a meditative state, I recommend trying an app like Headspace – which can assist you to achieve this in a convenient and structured way.

And don’t forget, meditation doesn’t just have to be closing your eyes and sitting in a lotus position. Some people prefer to simply take a short walk in nature. This clears and calms their mind, and still provides the all-important boost to their focus.

2. Get plenty of sleep

If you’re sleep deprived or have not been sleeping well, then I’m guessing you’re not remembering well either. This is because sleep and memory are intimately connected.

If you have a busy life and regularly find yourself not getting enough sleep, then this will negatively impact your cognitive abilities – including your memory.

How much sleep should you be getting?

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Well, according to the National Sleep Foundation, you need a minimum of seven to nine hours of sleep per night. If you get this amount of sleep regularly, then within just a few days, you’ll see a tangible improvement to your ability to remember and recall things.

Now, I’ll be honest with you, maintaining a proper sleep cycle is not always easy (especially when the latest Netflix series has just been released!). But if you care about improving your short-term and long-term ability to remember things, then it’s critical that you try to get at least the recommended amount of sleep every night.

Are there ways to hack the sleep cycle?

Yes, there are.

Try these three things:

  • Have a fixed bedtime (preferably before 10pm)
  • Don’t eat too late
  • Make sure your bedroom is as dark as possible

Sleeping is a precious activity. It regenerates your body, clears your mind, and helps with the storing and retrieval of information.

However, don’t sleep just yet, as I want to tell you about another great way to increase memory…

3. Challenge your brain

When was the last time you challenged your brain?

I don’t mean challenged in the sense of overeating or undersleeping. I’m referring to stretching your mental capabilities through things like crossword puzzles, Sudoku and memory games.

To expand your memory bank, and to make your recall razor-sharp, you need to continually challenge your brain.

Feedback from Lifehack readers such as yourself, has suggested that brain training apps are a super-effective way of doing this. Used regularly, these apps can enhance your focus, attention span, problem-thinking ability and memory.

There are hundreds of these apps available (most of them for free), but I recommend starting out with one of the big three:

  • Peak (Android/iOS, free, 10 million+ downloads)
  • Lumosity (Android/iOS, free, 10 million+ downloads)
  • Elevate (Android/iOS, free, 5 million+ downloads)

If you normally spend a chunk of your week playing computer games, then instead of shooting and killing your enemies, why not let some of them live – while you put your attention into boosting your brain power!

Challenging your brain will strengthen your neural pathways and enhance your mental abilities. But don’t just take my word for it, try one of the apps above and see the positive benefits for yourself.

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4. Take more breaks

When I think back to my days as a budding entrepreneur, I distinctively remember working all the hours under the sun – and many under the moon too!

At that time, I believed that breaks were for the weak, and to become wealthy and successful, I needed to shed blood, sweat and tears.

However, I was wrong.

Taking regular breaks is the best way to keep yourself productive, creative and alive to opportunities. It’s also the best way to learn new information.

Let me explain.

Typically, when studying lots of new information, most people will spend hours reading it – in an attempt to learn and remember the content as quickly as possible. Unfortunately, they’ve overlooked something.

Namely, extended study sessions are rarely a good thing, as your ability to retain information naturally declines after a certain period of time.

It’s similar to physical exercise. You wouldn’t attempt to train vigorously for four hours in a row. Instead, you’d take regular breaks to give your lungs, heart and muscles adequate time to recover. Failing to do this will result in muscle cramps and overexertion.

It’s the same with your brain. If you overload it with information, you’ll suffer from mental fatigue.

What’s the answer?

Make sure you take regular breaks when learning new information. I recommend at least a 10-minute break every hour. (You may also want to take a look at the Pomodoro Method.)

If you don’t want to be as regimented as that, then take breaks as soon as you find yourself losing the ability to focus on the new material. Your brain will thank you – and your learning aptitude will move up a level.

5. Learn a new skill

I love this quote, as it’s 100% true – but frequently overlooked:

“Learning never exhausts the mind.” – Leonardo da Vinci

From my experience of helping to develop the careers of dozens of Lifehack employees, I can definitively say that participating in meaningful and purposeful activities stimulates the mind. It also reduces stress and enhances health and well-being.

Let me give you an example of this:

Imagine you work for a global financial institution in one of their call centers. You take over 100 calls a day – many of them complaints. When you started the job a few months back, you were excited to be in full-time employment and working for a household name.

Unfortunately, your initial enthusiasm quickly turned into frustration.

The endless complaint calls began to take their toll on you. And the supervisors irritated you too, as they were far too interested in micro-managing you – rather than letting you work in your own way.

Now, in the story above, the ending could be that you put up with a job you didn’t like, and led a dull and frustrated working life for years and years. However, an alternative ending is this: you channeled your dissatisfaction in to learning a new skill (computer coding). It took you a year or two to get up to speed, but it allowed you to successfully upgrade your career – and the ongoing learning made the call centre job much more bearable.

Clearly, learning new skills gives you impetus, focus and something to aim for. Your brain loves to learn, and you should tap into this by always seeking our new information. And when learning becomes a habit, you’ll find your ability to remember and recall things effortlessly, becomes a habit too.

6. Start working out

If you’re not already working out regularly, then here’s another reason to do so:

Exercising for 20-30 minutes three times a week will improve your long-term memory.

Regular exercise increases blood flow in your body and supplies the brain with extra oxygen and nutrients. And a well-nourished brain is a well-functioning brain!

“But I just don’t have the time?,” I hear you say.

Not a problem.

A research has shown that a daily burst of 60 seconds of high-intensity exercise, offered many of the benefits of the longer exercise routines.[2] So, if you’re short on time – now you know what to do.

Interested in getting started?

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Here are five different ways that will help you work out:

  • Join a gym
  • Join a sports team
  • Buy a bike
  • Take up hiking
  • Dance to your favorite music

7. Eat healthier foods

I’m sure you’ve heard the expression: “You are what you eat.”

This applies to your brain too.

The food that you eat helps determine your brain’s capacity to store and recall information. A poor diet (think junk food + soda!) harms not just your physical health, but your mental health too.

Fortunately, there are several foods that are especially good for your brain and your memory. These include: blueberries, celery and dark chocolate. But anything high in antioxidants will have a positive effect on your brain and memory.

Conversely, highly-processed foods and those loaded with sugar will have a negative impact on your memory. This is due to them providing insufficient nutrients for your brain – leading you to easily suffer from mental fatigue.

Want to be mentally healthy? Then eat and drink an abundance of these for brain health:

  • Turmeric – helps new brain cells grown
  • Broccoli – protects the brain against damage
  • Nuts – improves memory
  • Green tea – enhances brain performance, memory and focus[3]
  • Fish oilfish oil supplements can increase your brain power

Here’re more brain food options that improve memory!

Final thoughts

I sincerely hope these seven memory boosting ways that I’ve covered in this article will be of help to you.

You don’t need to implement them all. I suggest just trying the ones that appeal to you.

But, if you’re serious about dramatically improving your memory, then make a start right now on adopting one or more of the ways I’ve suggested. I’m confident you won’t regret it.

Featured photo credit: Eric Ward via unsplash.com

Reference

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