On May 26, 2014, India rebooted with a new OS. Today, less than three years later, armed with this historic electoral mandate, it just upgraded its OS. Bugs hampering performance of the system were addressed. Finally, we would have an upper house, which would not be able to block every single reform on flimsiest of pretexts. Notably, a 300+ number
Starting a successful business is hard, but let’s not presume that entrepreneurship itself is intrinsically riskier than other things that popular culture deems as “acceptable.”
You’ll never be able to completely avoid risk, either in your personal or professional life, but you can mitigate it significantly by having a solid game plan in place. You need a proven system that will help you determine which ideas are worth pursuing so that you don’t become a statistic of America, Inc.
You want to be as certain as possible that your business will succeed before you launch. In other words, you need to “fail proof” it.
3 Crucial Questions to ‘Fail Proof’ Your New Business Idea Read More »
Working with business owners in many different industries over the years, I’ve noticed that the most effective ones share certain beliefs about productivity. I’m not talking about clichés like, “Time is the most precious resource” or, “Since there are only 24 hours in a day, you need to delegate any task that you are not uniquely suited to do.”
Instead, truly outstanding entrepreneurs follow productivity principles and beliefs that I find (you may, too) refreshingly different from the norm. Here are 11 of them:
1. “The pie is enormous and getting larger all the time.”
Instead of fearing competition or scarcity, the most productive people have an “abundance mentality.”
11 Beliefs Ultra-Productive Entrepreneurs Share About Time Management And Business Read More »
Chances are good that, at some time in your life, you’ve taken a time management class, read about it in books, and tried to use an electronic or paper-based day planner to organize, prioritize and schedule your day. “Why, with this knowledge and these gadgets,” you may ask, “do I still feel like I can’t get everything done I need to?”
The answer is simple. Everything you ever learned about managing time is a complete waste of time because it doesn’t work.
Before you can even begin to manage time, you must learn what time is. A dictionary defines time as “the point or period at which things occur.” Put simply, time is when stuff happens.
There are two types of time: clock time and real time. In clock time, there are 60 seconds in a minute, 60 minutes in an hour, 24 hours in a day and 365 days in a year. All time passes equally. When someone turns 50, they are exactly 50 years old, no more or no less.
How to Manage Time With 10 Tips That Work Read More »
While mentoring a very sharp young entrepreneur the other day, it occurred to me that most founders and small business owners are in business without any real idea of what it takes to be a winner. That’s why they follow the Richard Bransons and Mark Cubans of the world — so they can understand how a successful person thinks.
Unfortunately, thinking is just the beginning. Becoming successful over the long haul is just as much about listening to your gut than your ability to reason. It’s more about building relationships than understanding yourself. It’s more about experience and execution than ideas. And it’s more about doing than dreaming.
All that begins with a mindset that defines how you behave. A mindset that leads to action is the mindset of a winner. This is the mindset of a winner:
10 Mindsets of a True Winner Read More »
Too much busyness keeps us from becoming who we might have become, had we given ourselves the space. This is a tricky reality for modern enterprises and the people tasked with strategic thinking within them.
Culture is a complex issue. While every organization faces its own challenges, I can share a few that are common to most senior executives within enterprises in the midst of a modern transformation.
Strategists Need Time to Think
Chaos will always be easier than simplicity to achieve, and as a result, we will often feel frazzled, with our backs against the wall. But if you are in charge of strategy within your organization, you need to give yourself time to concentrate. Period.
Give Yourself Space to Think Read More »
One thing I have always been incredibly fascinated with is how the most successful people in the world manage their time. Recently, I sat down with one of the world’s leading thinkers on productivity and New York Times bestselling author, Rory Vaden.
We discussed that there are really three generations of time-management thinking.
Era 1 time-management thinking was all about efficiency.
It was predicated on the idea of doing things faster. All things being equal, efficiency is good, but there is a limitation to efficiency that gives it a point of diminishing returns as a time-management strategy.
Related: Ditch These 3 Popular Productivity Myths
No matter how efficient we are, in today’s day and age, there is always going to be more to do than we can ever get to. At one point in history the idea was to create tips and tricks and tools and technology to help us get our to-do list done faster so we’d have margin or space left over.
The New Era of Time Management Read More »
Ever since Indian graduates poured into Silicon Valley in the 1970s and 1980s, talented Indians have broken glass ceilings for immigrants, pushed boundaries of innovation and secured highly visible positions of power. Today, this rise of Indians and Indian-Americans in the US tech world appears to be at its peak with as many as 15% of startups in Silicon Valley being founded by Indians, according to a 2014 study by Professor Vivek Wadhwa.
The report points out that Indians constituted the greatest number of the immigrant tech-company founders, having founded more startups than the next four groups (from Britain, China, Taiwan, and Japan) combined. The proportion of Indian-founded startups in Silicon Valley startups has increased from 7% to 15.5% from 1999 to 2012 even though Indians make up just 6% of the Valley’s working population.
Small-business owners waste their time on what I call $10 an hour work, like running to get office supplies. Meanwhile, they forgo the activities that earn $1,000 an hour, such as sending the right email to the right person, or negotiating a lucrative contract, or convincing a client to do more business with you.
Entrepreneurs don’t realize the same 80/20 principle — the adage that 20 percent of customers equal 80 percent of sales — applies to every dimension of business. And that includes time management.
We entrepreneurs are extremely prone to rationalize, “I can do it myself.” Then we spend six hours trying to extract a virus from our computer or fix a leaky faucet.
The 80/20 Rule of Time Management: Stop Wasting Your Time Read More »
As an entrepreneur, time can be one of your most precious assets. Effective time management involves planning the amount of time you spend on all of the tasks of running a business — and your personal life — to get things done in the most effective and productive manner.
You can improve your time management skills by using a range of tools and techniques used to accomplish specific tasks, projects and goals. Some of the elements of effective time management include creating a productive environment, setting of priorities and reducing distractions.
Some good articles on Time Management!!
Some great time management articles! Read More »
