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How To Make The Best of a Business Opportunity

How To Make The Best of a Business Opportunity

Eminem says you only get one shot, and you have to lose yourself in the moment. This would be true if life were a comic book. Unfortunately those moments are never-ending, and there’s no such thing as overnight success. The truth is you’ll take a minimum of ten thousand shots to truly master your craft.

When you have a business opportunity, you have to make the most of it in order to get the next one. Each step counts, and maximizing each individual opportunity is the only path to winning. Don’t half-ass your future – instead follow these tried and true steps to turn a business opportunity into a successful business.

1. Turn Losses into Wins

Every winner loses, but not every loser wins. Although Michael Jordan is widely hailed as the greatest basketball player in history, he got there by focusing on his failures instead of riding the wave of his own successes. The quest to overcome losses drives all champions, both on and off the court.

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If you lose a business partner, use that extra time to find a better one. Your energy levels rise as the fear of financial problems hang over you. Pour that energy into something productive – it’ll keep your mind occupied as you better your business instead of lamenting the loss.

2. Weigh the Risks and Rewards

A few months ago, I received an invite to hang out backstage with Snoop Dogg on 4/20. Initially this seemed like a great opportunity. As the date approached, I realized the risk wasn’t worth what it was going to take to get there. While it could’ve been a great experience for a fan, it wasn’t as beneficial to my bottom line as it was to stay at an event I was due to cover.

I ended up choosing business over pleasure. I made enough money by staying to afford a VIP pass to any concert I wanted, and the content I produced got my name in a variety of publications I wouldn’t have appeared in otherwise. My inner child was disappointed, but the adult me got ahead in my business.

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When you are presented with an opportunity, weigh the risks versus the rewards. If you’re risking more than you stand to gain, you’re giving yourself worse odds than a roulette wheel in Vegas. Never gamble what you’re not willing to risk, and never bet the whole farm to save one crop.

3. Play to Your Strengths

Anyone is capable of doing anything, but we all have certain skills and talents that are more dominant than others. I’m a writer because I love to research and talk. I’m a successful writer because I understand marketing and SEO. I write online because I’m tech-savvy.

Whatever you’re good at or enjoy doing, learn to incorporate these skills and talents into your work. If you’re out and about around town, keep an eye and ear open for opportunities you can help out with. You never know when one of these opportunities will evolve into something bigger.

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4. Turn Down Opportunities that Don’t Fit

I receive business solicitations all the time. There’s no shortage of people looking for a review, plug, or assistance. As a mortgage and insurance whistleblower, it gets difficult because many people assume I’m capable of helping them keep their homes. Although I understand how your house was fraudulently taken from you, I’m not an attorney, and my hands are tied to stop your foreclosure proceedings. As much as I hate doing it, I have to turn down these opportunities.

It’s normal to want to jump on every opportunity you’re presented with. It’s even more tempting when you’re just starting out or your business is struggling. Doing anything you’re asked will lead to you taking on tasks you’re underqualified for and aren’t capable of providing the level of quality required. You may want that business connection or income, but if you’re not giving your best, it won’t last very long. Hold out for your true passion.

5. Get on Your Grind

Business opportunities don’t just show up at your door. Opportunity doesn’t knock at all – you have to look up where opportunity lives, hit the streets, stalk, and bang on opportunity’s door until it lets you in. If it doesn’t, you go around the building looking for open windows. Climb the roof and slide in through the chimney if you have to.

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Whatever you do, don’t just sit around waiting for a business opportunity. Just because you wrote a song doesn’t mean a stadium full of people will show up. Jay-Z isn’t an Illuminati – you’re just an entitled, lazy human being who hasn’t put in more than a day or two of the blood, sweat, and tears Hova put into his career. Sean Carter is a legend because he earned it, so get on your grind or get left behind.

6. Put Your Eggs in Multiple Baskets

The most powerful lesson yoga teaches is to detach yourself from the results. If you define yourself as an executive and end up in an entry-level job, you’re nothing but a phony. Just because someone you admire hit it big off a certain event or contest doesn’t mean that’s your only entry point to your dream career, and no one opportunity defines you.

If you gain a meeting with a company or entrepreneur you admire, use that as leverage to gain a meeting with even more. If Walgreens wants to carry your product, sell it to CVS and Walmart. Instead of being the person who got into one store, you’ll be the person who got into every store. It’s easier to negotiate when you don’t reek of desperation.

The business world is a wild one; you never know how things will turn out, but as long as you swing for every fence, you’re bound to hit a home run sooner or later.

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Last Updated on September 20, 2018

How to Be Happy at Work and Find Fulfillment in Your Career

How to Be Happy at Work and Find Fulfillment in Your Career

If you’re going to spend 1/3 of our life at work, you should enjoy it, right?

Trust me, I know that’s easier said than done. Difficult coworkers, less-than-desirable tasks, or even just being in the wrong position can all lead to a lack of enjoyment and fulfillment in your work.

But what if I told you it doesn’t have to be this way? Or better yet, if you struggle with all of the above (and then some), what if I told you that enjoying your work and finding fulfillment regardless of those obstacles is possible?

Don’t believe me? I don’t blame you because I was there too. Before implementing the tips below, I struggled to get through each day, much less find real fulfillment, in the office. Now, even after the toughest days on the job, I still come away with feelings of pride, accomplishment, and fulfillment. The best news is, so can you.

If you’re ready to make those hours count and find happiness and fulfillment in the office, then read on to find out how to be happy at work and find fulfillment in your career:

1. Discover the root(s) of the problem

For this first step, we’ll need to think back to 8th-grade physics (humor me). We all know Newton’s 3rd law, “for every action, there is an equal and opposite reaction.” When you think about it, the same can be said outside of physics, and we see this law play out in our daily lives, day after day.

Simply put, all the issues we deal with in the office (and life in general) affect us in a noticeable way.

If you’re appreciated at work, like the work you do and receive frequent praise, promotions, or raises, then this will probably have an altogether positive effect on your life in the office.

But what if we reverse this? What if you feel under appreciated, get passed up for promotions, or get denied raises? This is sure to affect the way you feel at work on a negative level.

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So, before you can implement the steps of feeling happy and fulfilled at work, we first have to discover the reasons why you don’t feel that way already.

Think about it, write a list, or make a mental note. Run through all the reasons you’re dissatisfied in the office, and don’t hold back. Knowing the exact obstacles you’re facing will make overcoming them that much easier.

In fact, as a side-challenge to this article, I recommend picking the top three reasons contributing to your dissatisfaction at work and using the following tips to tackle them.

2. Practice gratitude for an instant uplift

Did you know the simple act of feeling grateful can increase your happiness and make you more fulfilled at work?[1]

Well, it’s true, and it’s scientifically proven.

Dr. Lisa Firestone notes that practicing gratitude “reminds us of what we lacked in the past.” Meaning, it serves as both a boost to happiness and a bit of a wake-up call that things have been or could be, much worse.

Trying to conjure up feelings of gratitude can seem almost impossible when your work situation seems bleak, but hear me out: There are incredibly easy ways to get started and it doesn’t involve trying to “force” yourself to feel grateful about things that stress you out.

For an instant pick-me-up, try this:

Find a loose piece of paper, a blank sticky note, or anything you can write on, be it physical or digital. List just three things that you are absolutely without-a-doubt thankful for in your life.

Now here’s the trick: Don’t just list what you’re grateful for, you have to list why you’re grateful for them, too.

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For example, simply saying “I’m grateful for my kids” will probably make you feel good, sure, but what if we could amplify the warm, fuzzy feeling into real, lasting motivation?

Instead, write the reason you’re so thankful for your children. Is it because they make you laugh and forget about other stressors? Or maybe they help to remind you of why you go to work every day in the first place?

Whatever your reasons may be, jot them down and keep your list somewhere you can see it while you work. A quick glance at your gratitude list throughout the day can provide powerful, positive motivation to keep going.

Bonus:

If you can find just three things to be thankful for that specifically relate to your job, and list why those things make you grateful, your list can also help you find fulfillment in your work itself which can give you an even bigger boost of positivity throughout the day.

3. Take meaningful time for yourself

We all know creating a strong work-life balance can be crucial to feeling satisfied in our jobs, but rarely do we ever address how we’re spending our time outside of work.

Many of us survive a 9-hour work day and commute home only to find ourselves busy with our personal to-do lists, running a household, and taking care of a child (or 2 or 3, and so on).

If you spend all your time working, whether in the office or within your household, you’re going to feel drained at some point. This is why setting meaningful time for yourself every day is highly important.

Look, I get it: I don’t know anyone in the working world who can shun all responsibility for a 3-movie marathon or happy hour with friends whenever they feel like it. But finding time for yourself, be it just 30 minutes to an hour, can really make a difference in how you feel at work.

This works because you’ll have time to actually relax and let the day’s stress melt away while you enjoy something just for you. The to-do lists and stressors will still be there after you’re refreshed and ready to tackle them.

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No time for me-time? Try this:

If you have a busy household, you’ll need to capitalize on a block of time you know will be completely uninterrupted. The easiest way to do this: try waking up 30 minutes to an hour earlier than usual (or push bedtime back an hour if you’re a night owl, like me) and take time to do something you enjoy.

This could be reading with a cup of tea, catching up on Facebook, spending time on a passion project—anything! As long as it’s meaningful to you, it works!

Bonus:

Starting your day with meaningful time for yourself can set you up to have a positive mood that lasts well into office hours, and having your me-time in the evening can give you something positive to look forward to during the day.

4. Get productive and feel accomplished

Don’t you just love the feeling of checking the last item off of a hefty to-do list? That’s because self-motivation can be a huge driver of positivity and success.

When we accomplish something, no matter how small, it makes us feel good, plain and simple. Applying this tactic to your daily work can be the motivator you need to find fulfillment during the daily office grind.

While there are tons of steps to get more done at work, I’ll share my personal favorite: Prioritizing.

Now, many people handle prioritizing differently. Some like to tackle the little tasks first so they can spend focused time on the big to-dos. Others like to knock out the big items first and get to the smaller ones when they can.

No matter which camp you’re in, you may be missing one crucial step: Time management.

So how’s this work? When you factor in the amount of time your priorities will take, it can transform your productivity ten-fold.

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Say you have three top priorities for the day. You might jump into the smaller ones or the bigger ones depending on your preferred method, and then find yourself out of time and bringing work home with you at the end of the day.

This is prevented when you factor in time. Knowing how long each item will take, or deliberately setting specific blocks of time for your priorities can help you accomplish more in the same 8-9 (or 12) hours that you typically spend at work.

Try this:

Take a look at your priorities and consider how long they should take. Pop into your Google calendar (or Filofax, whatever works for you) and schedule time to work on your priority items around any important meetings or events of the day.

The most important thing to remember is to stick to your dedicated time.

Often, when we know exactly how long we have to work on something (and honor this time limit), we’re motivated to get more done on time to avoid taking work home at the end of the day.

The bottom line

There’s no need to waste 1/3 of our lives feeling unsatisfied at work. Luckily, you now have the tools to get started, take back your time, and become happy and fulfilled at work again.

The only question is — which tip will you try first?

Featured photo credit: Ellyot via unsplash.com

Reference

[1]Psychology Today: The Healing Power of Gratitude

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