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#Leadership : #ProductivePeople – The 3 Ways that Happy People Deal with Problems . Great Two(2) Min Read!

To state the obvious: It’s easier to be happy when things are going well. Positive outcomes are known to lift people’s moods, while negative emotions (like anxiety) generally reflect concerns about negative outcomes.

But, happy people are also good at dealing with problems in ways that help them to maintain their mood, while still dealing with issues effectively. Here are three common things that happy people tend to do to deal with speed bumps in life.

FOCUS ON THE FUTURE

It is important to understand the problem you’re facing, and so happy people certainly analyze the situation. But, they don’t remain focused on the problem for long. That is, they avoid rumination—which is a set of repeated thoughts about something that has gone wrong.

Instead, they look to the future. There are two benefits to this: One is that the future is not determined yet, and so happy people can be optimistic about things to come. The other is that happy people are looking to make the future better than the past, which creates a hopeful outlook—no matter what the present circumstances look like.

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FIND AGENCY

At any given moment, the situation you are in exerts some amount of control over your options. When you’re sitting in traffic, for example, there isn’t much you can do but wait for the cars around you to start moving. The amount of control you have to take action in a situation is your degree of agency.

Happy people seek out their sources of agency when problems arise. They are most interested in what they can do to influence the situation, rather than focusing on all of the options that have been closed off by what has happened. The focus on agency is important, because it provides the basis for creating a plan to solve the problem. And the sooner a problem is addressed, the less time it has to cause stress.

KNOW WHEN TO FOLD

There are always going to be big problems that you can’t solve. Perhaps there is a client who is never satisfied with the work you do. Maybe there is a process you’re trying to implement that never seems to have the desired outcome. You might even have been working on the problem for a long time.

Despite all the discussions about the importance of grit, effective (and happy) problem solvers are good at knowing when to walk away from a problem that can’t be fixed. Each of us has a limited amount of time and energy that we can devote to the work we are doing. Spending time on problems that cannot be solved has an opportunity cost. There are other things you could be doing with your time that might yield better outcomes. It is important to learn when it is time to give up on a problem rather than continuing to try to solve it.

This is particularly true when you have been working on that problem for a long time. There is a tendency for people to pay attention to sunk costs—the time, money, and energy they have already devoted to working on something. But, those resources are gone, and you can’t get them back. If it isn’t likely that additional effort is going to help you solve a problem, then you should walk away, no matter how hard you have worked on it already. Happy people are good at ignoring those sunk costs both when making the decision to walk away from a project and after making the decision to walk away. They don’t spend time regretting the “wasted” resources.

 

FastCompany.com | July 22, 2019

#CareerAdvice : #SuccessfulPeople -How to Pursue your Dream when Everyone Says it Won’t Work….A Great Read!

You finally decided to take the plunge and fulfill your dream to start a business or change your career. You’re excited to tell the world of the new direction in your life, but when you tell your closest friends and family your big news, you hear “what if you fail?“are you sure that’s the right move for you right now? Suddenly with your biggest fears being echoed by those who you thought would be your biggest supporters, and instead of being excited, you are now put on the defensive.

Business and leadership coach Melissa Anderson of Box the Outsidesays it’s not uncommon for the strongest naysayers to be the people who care about you the most. They may try to turn you toward the path that they understand, the status quo, because they’re scared for you and don’t want to see you take a risk and fail. But, Anderson says it’s more common that naysayers are attaching their own fears of failure to your success. “Subconsciously, their fear lies in the fact that you might actually succeed,” she says. “If you have success facing your fears, then they might get left behind.”

She says most people are conditioned to view their future though a lens of limited beliefs. They are taught to play it safe. They’re taught that failure is bad, so they seek to protect themselves against things that might make them fail.

When people see someone close to them face the possibility of failure and succeed, that turns everything they believed about their own lives upside down. “If everyone else is out there fulfilling their wildest dreams, why am I sitting here in my drab reality?” says Anderson.

So how can you turn off the naysayers and follow your dreams?

ACCEPT THAT CONCERNS ARE MORE ABOUT THEM THAN YOU

Other people’s concerns about your potential for success or failure often have more to do with their realities than your own. They may not understand why you desire something different from what you have, or from what they have. Their fears are articulated in criticism, as they try to steer you toward the path of stability that they are more familiar with.

They may even be critical because they have a dream that they aren’t pursuing, and seeing someone else chase after their dreams reminds them of what they are too afraid to go after themselves. When they see people chasing their own dreams, going against the grain, it frightens them because it goes against the status quo of stability and may also remind them that they aren’t going after their own goals.

Learning to accept that the fears and concerns being spoken about are not really about you, but are about them, can help you to maintain a relationship with the naysayers.

 

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FIND YOUR TRIBE OF SUPPORTERS

If your support doesn’t come from those close to you, seek out others in your community that will support you. Find a mentor or a group of like-minded individuals who support one another’s endeavors. Surround yourself with people who motivate and encourage you, and who can provide constructive feedback. Start by exploring networking groups with similar goals to yours. By being supportive of others, you’ll find that others become supportive of you. Investing your time and effort in a networking group is important to anyone, but is especially critical for people who don’t already have supportive individuals in their lives to encourage them when times get tough.

MAKE A PLAN FOR SUCCESS

Identify the resources you need to make your dream a reality. This also means recognizing the areas where you may need help. Reach out to individuals who can provide assistance and help you in the areas where you are not strong yet. This is where having a network is hugely beneficial. Moving forward with a new career or a new business when your regular supporters aren’t full of encouragement can be difficult, but if you make a plan and find individuals who can support you in the areas you’re lacking, it will help you get there faster.

BEING A VISIONARY MAKES YOU DIFFERENT

“It takes vision and courage to leap headfirst into actualizing your dreams, and that’s what separates the innovators from the other end of the bell curve,” says Anderson. Take pride in your ability to be a visionary and be okay with others not understanding why you are doing it. Most successful entrepreneurs and innovators think in ways that other people don’t understand.

TURN NEGATIVE OPINIONS INTO POSITIVE OUTCOMES

Changing your reaction to naysayers may mean you need to reinterpret their words. Instead of hearing “I don’t think this will work,” hear, “I’m excited, but also scared for you.” “By changing the narrative to something more productive, you can use this fuel as golden tokens of support that fill your piggy bank towards success,” says Anderson. If proving someone wrong is what motivates you, you may want to post those negative comments in a journal and turn to them when you need a push.

ABOUT THE AUTHOR

Lisa Evans is a freelance writer from Toronto who covers topics related to mental and physical health. She strives to help readers make small changes to their daily habits that have a profound and lasting impact on their productivity and overall job satisfaction

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FastCompany.com | March 26, 2019

Your #Career : Ask These 3 Questions To Learn Something New At Any #CareerStage …You Need to Shake Off your Inertia Before you Can Start to Vacuum Up New Knowledge and Skills. This Quick Exercise in Self-Examination can Help you Do That.

Forget what you’ve heard about old dogs and new tricks. Even if it were true–and it isn’t–it wouldn’t help you out. The fact is that you’ll need to adapt in order to thrive in the future workplace. And the good news is that our minds are wired with an unquenchable desire to learn, whether we recognize it or not.

To help you tap into your learning potential, keep these three fundamental questions on standby–and revisit them whenever you start feeling worried that your skills or knowledge might be getting stale.

1. AM I STUCK IN A RUT?

Sometimes it can be hard to tell, unless you take a step back to consider it. Think about any habits or patterns you’ve fallen into: Do they feel tedious, dull, and less productive than they could be? Do your work routines feel hard to change, even if you wanted to? Take a hard look at your daily, weekly, and monthly to-do lists: Are you doing the same things over and over again, but not making career progress? Are you talking to the same people, doing the same tasks, and sitting at the same desk day after day?

Picking up new skills and knowledge can help you shake things up and eventually move forward. But first you’ve got to just switch up your routine. Try getting up an hour earlier, taking on a passion project (something you’ve been meaning to dip into for the last few years but just haven’t yet), making new friends, or setting one new goal for yourself–and ditching an old one. Avoid ruminating over how long–or why–you’ve been in the rut. Just start taking the steps necessary to get out of it.

2. WHAT AM I REALLY AFRAID OF?

Career-related fears can be downright paralyzing no matter how far along you are in your professional life. When the change you’re contemplating involves a financial impact, lifestyle adjustments, or what other people might think, there’s a chance you’re exaggerating the negative consequences and failing to act as a result.

So start small. Always been interested in learning more about data analysis but haven’t found the time? Find a class online or at your local community college that you can take at your own pace. Think some new photography skills might add to your portfolio as a creative professional? A nearby workshop, short-term class, or instructional session can help you get started. Once you make change a priority–and take a clear step toward it–those initial fears will start to look like speed bumps instead of towering obstacles. You’ll be able to tackle unfamiliar new experiences headfirst, knowing it will just take a little effort to ramp up the learning process.


Related: These Are The Most Important People In Your Network At Each Stage Of Your Career


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3. DO I HAVE THE RIGHT HEROES?

No one’s an island, as the saying goes, and it’s good news for picking up new skills at any stage of your career. Mentors, coaches, bosses, and colleagues are all good candidates to help you along. Don’t hesitate to reach out–or consider whether you know the right people to reach out to in the first place. If you don’t, think more broadly than your existing network (but also refresh your networking efforts): Your “heroes” can include authors, athletes, entrepreneurs, inventors, or public servants–folks you might not know personally, but whose ideas and instruction can help you chart a new direction.

For whatever reason, we tend to give up on the idea of “role models” after early adulthood; once we start mentoring younger people, it may feel odd to hold others up as your own “heroes.” That’s a mistake. Anyone you can gain insight or knowledge from–whether it’s through firsthand conversation, webinars, books, or any other medium–counts as a career hero who can help you progress. Study their work, learn what makes them successful, figure out who theirmentors are, and then apply those lessons in your own life.

Prying yourself out of familiarity or mediocrity isn’t always easy, but it’s completely doable at any age or experience level. Challenge yourself to do something new and even a little scary every day, and you’ll start to feel revitalized. But it all starts with a little introspection. When things get boring or monotonous, ask yourself these three questions so you can set a new course.

 

FastCompany.com | May 3, 2018 | BY FAISAL HOQUE 3 MINUTE READ

#Leadership : 6 Things #SuccessfulPeople Do When they Return From a Long Weekend… An Extra Day Off Makes Snapping Out of Weekend Mode that Much Harder.

• Some people across the US received some extra time off thanks to Presidents’ Day.

• Business Insider spoke with several productivity and work experts to get tips on how to bounce back from a long weekend.

• They recommended hitting the ground running on your first day back.


Some people around the US receive an extra day off for Presidents’ Day to commemorate the individuals who have served in the White House over the centuries.

There’s a lot to be said about how you should— or shouldn’t— spend long weekends. But it’s equally important to plan out the days that follow a long weekend.

When you’re coming back from some time off and you have a shorter week to get everything done, it usually helps to hit the ground running.

With that in mind, here are six things that successful people do first when they return from long weekend:

View As: One Page Slides

They get to work early

When it comes to some holidays, almost everyone has time off. So you won’t be falling behind by showing up to work at your usual time.

But coming in early is a good idea if you want to be as productive as possible after a holiday weekend.

“That will mitigate the workload avalanche and give you a head start, sans distraction,” Lynn Taylor, a national workplace expert and the author of “Tame Your Terrible Office Tyrant: How to Manage Childish Boss Behavior and Thrive in Your Job,” tells Business Insider.

They scrutinize their to-do lists

They scrutinize their to-do listsJacquelyn Smith/Business Insider

Productive people know that long, unwieldy to-do lists are essentially useless. There’s no better time to start cutting items from your list than the day you get back from long weekend.

“Now that you’ve spent a good bit away from your desk, you have tangible proof that those tasks you’re always putting off aren’t holding up your ceiling,” freelance reporter Kevin Purdy writes in Fast Company.

They double check their schedules

Don’t forget to double check your schedule. Remember, you’ll likely be dealing with a shortened work week. Don’t try to cram too many items onto your weekly schedule, or you might wind up burning yourself out.

They check in with people

They check in with peopleFrancis Kokoroko/Reuters

If you’re back from a national holiday, odds are most of your coworkers and clients will be in the same boat as you.

Still, it’s not a bad idea to check in.

“Take the time to connect with one or two clients to let them know they’re top of mind with you and that you’re back if they need anything,” Michael Kerr, an international business speaker and author of “The Humor Advantage,” tells Business Insider. “It’s a simple customer service touch point that can make a big impression.”

What’s more, if the long weekend ate up a Monday — a popular day for meetings— schedule in some time for your team and direct reports to meet up, even if it’s just for a few minutes. You want to make sure everyone’s on the same page now that you’re all back in the office.

They organize their inbox

They organize their inboxAP/Jerry Lai

Beware of spending too much time responding to the emails you missed over the weekend.

“It’s easy to get sucked into the vortex of responding to every email without considering whether it’s the best use of your time on the first day back,” Kerr says. “Don’t confuse email activity with productive work, so be strategic and only respond to email that are time sensitive.”

They focus on work

They focus on workLeon Neal/Getty

It’s important to be able to shut off your “work brain” over long weekends. You want to enjoy your time off, after all.

It’s equally important to snap back into a work-oriented mindset when you return to the office. Successful people are able to make the switch and avoid any unproductive post-long weekend dillydallying.

DON’T MISS: 11 things unsuccessful people do over long weekends

SEE ALSO: 8 things successful people do after getting back from vacation

 

 

Businessinsider.com | February 19, 2018 | Áine Cain

Your #Career : Tired Of Working So Hard Without #Success? Learn How #TopPerformers Do Less & Achieve More… Many Individuals Wake Up at a Certain Point in their Life, Only to Recognize that this Intensity of #Work hasn’t Been Beneficial at All.

Thousands of professionals around the world long to be true experts in their fields, and to stand out through their experience, know-how and effort. Many of them attempt to do that by racking up hundreds of hours of extra time at work, thinking that if they work harder than their colleagues, and put in more effort, that they’re surely get ahead and achieve more.

But many of those same individuals wake up at a certain point in their life, only to recognize that this intensity of work hasn’t been beneficial at all – it hasn’t elevated them or catalyzed their growth, or even lead to greater success or reward. And it certainly hasn’t given them a greater quality of life, or a sense of deep meaning, purpose and true accomplishment that they’re longing for.

 So what are they doing wrong?

To learn more about how to work smarter, I caught up with Morten Hansen, author of the new book Great at Work: How Top Performers Do Less, Work Better, and Achieve More. In the book, Hansen codifies the most actionable insights from his research into “Seven Smarter Work Practices” to show how we can work smarter instead of harder by selecting a few activities and applying intense targeted effort.

A management professor at University of California, Berkeley, Hansen is the coauthor with Jim Collins of the New York Times bestseller Great By Choice and of the highly acclaimed Collaboration. Formerly a professor at Harvard Business School and INSEAD (France), Professor Hansen holds a PhD from Stanford Business School, where he was a Fulbright scholar. His academic research has won several prestigious awards, and he is ranked one of the world’s most influential management thinkers by Thinkers50. Hansen was also a manager at the Boston Consulting Group, where he advised corporate clients worldwide.

 His new book was named by Adam Grant as the 20 “new idea books” of 2018 on LinkedIn, and Washington Post’s On Leadership spotlighted it as a book to watch out for in 2018.

Here’s what Hansen shares:

Kathy Caprino: Why do we often equate more hours worked with better performance, and how is this detrimental to our productivity?

Morten Hansen: We know that we must put in at least a fair amount of time and effort to achieve a goal, so in a commonsensical way, we assume that if we simply work longer hours and pile on more effort, we’ll achieve even more. In other words, we assume that hours worked and performance increase in a linear fashion. But that’s not true. As my research with 5,000 managers and employees showed, if you work between 30 and 50 hours per week, adding more hours on the job lifts your performance.

But once you’re working between 50 and 65 hours per week, the benefit of adding additional hours drops off. And if you’re working 65 hours or more, overall performance declines as you pile on the hours (these are averages and numbers may vary according to job and industry). It’s like squeezing juice from an orange. At first, you get a lot of liquid. But as you continue to squeeze and your knuckles turn white, you extract a drop or two. Eventually, you reach the point where you’re squeezing as hard as you can, but producing no juice. You would have done better just to leave the well-squeezed orange alone.

The upshot: you need to work hard (say, about 50 hours a week), but beyond that you reap no real performance benefit from adding more hours. Unfortunately, the “work harder” mentality is deeply engrained in modern work cultures, affirmed by bosses, colleagues, and experts alike. As a result, managers and employees seldom question it.

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Caprino: Why do the highest achievers do less and “obsess” as you say?

Hansen: Doing less and “obsessing” allows you to avoid two traps that frequently snare people. First, there is the “spread too thin trap,” whereby you are doing so much that you can’t devote sufficient attention to doing any of your tasks well.

Secondly, increasing the scope of your activities leads to a “complexity” trap. Not only do you have to deal with each of these activities, but also with the interrelationships between them. Coordinating between activities requires mental exertion, rendering you less effective at each individual activity. Some studies have shown that switching between tasks can decrease your productivity by as much as 40%. In my study, 65% of people strongly or completely agreed that their organization was “very complex—many departments, policies, processes, and plans that require coordination.” The result is inferior performance.

Doing fewer things avoid these traps. Yet it also comes with a rather harsh requirement. You also have to obsess over the few activities you have chosen. Stellar quality requires both prolonged effort and a fanatic attention to detail. You simply can’t invest that kind of time and attention if you have too many work activities.

In my study, people who did less and obsessed far outperformed those who did less without putting in the extreme effort to excel. Overall, people who mastered “do less, then obsess” placed 25 percentage points higher in our performance ranking than those who didn’t embrace this practice.

Caprino: The idea of “work smart, not hard” has been around a long time. What’s different now?

Hansen: The phrase “work smarter, not harder” has been thrown around so much over the past decade that it has become a cliché. Who wants to “work dumb?” But many people do in fact work dumb, because they don’t know exactly how to work smart. And I don’t blame them, because it’s hard to obtain solid guidance.

When I first began my research on performance at work, I scanned for existing advice on how to work smarter, and the picture I arrived at was incoherent and overwhelming. Every author seemed to say something different. Prioritize. Delegate. Keep a calendar. Avoid distractions. Set clear goals. Execute better. Influence people. Inspire. Manage up. Manage down. Network. Tap into passion. Find a purpose. The list went on, over 100 pieces of advice. Few offered data to back up their contentions.

My study of 5,000 managers and employees is one of the first to provide an evidence-based, comprehensive understanding of what allows individuals to perform at work. It yields a simple and practical framework of seven “work smart” practices that any of us can use to work at our best. These practices are largely counter-intuitive.

For instance, to perform at your best, don’t simply collaborate more, as many people think. Select just a few, high-value collaborations, and make the most of them. Likewise, don’t just follow your passion. Instead, combine passion with a strong sense of purpose on the job (that way, you’ll energize yourself and maximize the intensity of your efforts for each hour you work).

Overall, I think of these seven practices as akin to Stephen Covey’s The Seven Habits of Highly Effective Peopleupdated to reflect the realities of work today, and backed by an unprecedented statistical analysis.

Caprino: So what have you learned about how top performers approach the job they are given?

Hansen: Most people who start in new roles adopt goals based on their job descriptions, and then start working toward those goals. The best in our study did something different. They started with an eye toward value, before they settled on goals. They redesigned their work, asking: “How can I create the most value in this role, for customers or others in the organization?” That may involve doing things that no one had thought of, or ditching conventional tasks of little value. Once they have redesigned work to maximize value, then and only then do they draft specific goals. First value, then goals.

Caprino: What have you found to be wrong with the popular idea that it takes 10,000 hours to master a skill?

Hansen: The idea that it takes 10,000 hours of practice to master a skill is misleading.  One year of practice repeated in the same way for ten years doesn’t make perfect. Rather, a certain kind of practice makes perfect—what Professor Anders Ericsson and his colleagues have called “deliberate practice.”

Individuals who progress the most meticulously assess outcomes, solicit feedback based on known standards of excellence, and strive to master tiny flaws that the feedback has uncovered. This purposeful and informed way of practicing explains why some learn at a much faster rate than others.

 Deliberate practice has allowed people to achieve stellar results in pursuits like sports, music, chess, and spelling bees, so you would think that legions of employees in the working world would rely on this approach to master their job-specific skills. Yet most individuals don’t. Experts haven’t articulated how people can use a continuous learning technique like deliberate practice in their daily work. And most organizations aren’t geared to supporting such techniques.

As a result, people conduct meetings or give presentations or make sales pitches just as they’ve always done. They become “good enough,” but not great at work. As my study found, employees and managers who deploy a modified version of deliberate practice on the job — what I call the “learning loop” — performed better than those who don’t.

 Caprino: Finallytell us what you believe about following your passion and why that’s wrong?

Hansen: “Follow your passion” really implies that you should let passion dictate what you do, regardless of other considerations. Otherwise, you’re not really following your passions. That approach, unfortunately, can lead people astray. As many a failed actor in Los Angeles will tell you, following your passion can lead to unemployment. But what’s the alternative? Ignoring your passion isn’t so great, either. It leads people to plod along, doing dull, empty work to earn a paycheck.

My study of 5,000 managers and employees turned up a third option, what I call “matching.” Some people pursue passion in navigating their careers, but they also manage to connect this passion with a clear sense of purpose on the job — they contribute, serve others, make a difference. They have matched passion with purpose.

My statistical analysis of 5,000 people shows that people who match passion with purpose perform much better, on average, than those who lack either purpose or passion or both.

The key therefore is to take steps to infuse your work with both passion and purpose, and in many cases, people can do that while remaining in their present organizations.

For more information, visit Morten Hansen and his new book Great at Work.

To build more success, visit Kathy Caprino’s Amazing Career Project training series and her new podcast Finding Brave

Forbes.com | January 30, 2018 | 

#Leadership : 100 Podcasts That will Make you Smarter and More Successful…If you Have an Interest in Entrepreneurship, Tech, Leadership, Business, Creativity, Or just Learning and Expanding your Mind, Here are 100 Podcasts that can Help you Bring your Best to All you Do.

Podcasting is a great way to learn and be inspired. It’s a new use of technology that hearkens back to the original social medium, storytelling.

Free- Iphone with Gadgets

If you have an interest in entrepreneurship, tech, leadership, business, creativity, or just learning and expanding your mind, here are 100 podcasts that can help you bring your best to all you do.

Pick out a few to start with, then get ready to listen and learn while you’re in the car, on the treadmill, or during your morning commute.

1. Entrepreneur on Fire

Be inspired and learn from stories of entrepreneurship. Hosted by John Lee Dumas.

2Office Hours

Business journalist and author Daniel Pink interviews business leaders and thinkers such as Biz Stone, Malcolm Gladwell, Tom Peters, and Harvey Mackay.

 

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3. The Smart Business Revolution Podcast

Dedicated to entrepreneurs and business owners growing their business strategically and intelligently. Topics range from social-media tips to interviews with entrepreneurs. Hosted by John Corcoran.

4. StartUp Nation

Insights into entrepreneurship and small business. Hosted by Jeff and Rich Sloan

5. Solo Smarts

Kelly McCausey interviews “solopreneurs” and offers tips and updates related to running a solo business, with an emphasis on internet-based businesses.

6. Accelerate Your Business Growth

A variety of topics and guests from the business world. Hosted by Diane Helbig.

7. Stories From the Influencer Economy

Ryan Williams converses with people who have launched careers from content, social-media, and digital platforms.

8. How to Start a Startup

Lectures from Sam Altman/Y Combinator’s Stanford University course, with Sam Altman, Dustin Moskovitz, Paul Graham, Adora Cheung, Peter Thiel, Alex Schultz, and more.

9. Defining Success

Zeb Welborn talks with successful people about what makes them successful and why some succeed when others fail.

10. The Growth Show

HubSpot CMO Mike Volpe interviews top executives on building and growing a business.

11. The Entrepreneurial Thought Leaders

A weekly seminar featuring an entrepreneur or leader. From the Stanford Technology Ventures Program.

12. Inc. Uncensored

A lively weekly podcast exploring startups, entrepreneurship, technology, and high-growth businesses. Hosted by Inc.’s editor, Jim Ledbetter.

13. TEDTalks Business

Stories and insights from innovators, entrepreneurs, and business researchers drawn from TED conferences, TEDx events, and partner events around the world.

14. HBR IdeaCast

Analysis and advice from the leading minds in management, including professors, scientists, authors, and other leaders across the business community, hosted by theHarvard Business Review.

15. Knowledge@Wharton

Articles and videos based on research, conferences, speakers, books, and interviews with faculty and other experts on global business topics.

16. The Economist Radio

Audio content from The Economist magazine.

17. Seth Godin’s Startup School

Marketing and business thought leader Seth Godin guides entrepreneurs through building and running their dream business.

18. Entrepreneur’s Journey

Yaro Starak addresses topics specific to online businesses and talks with successful entrepreneurs.

19. So Money, with Fanoosh Torabi

Interviews with top business minds and discussion of issues in finance, investing, and entrepreneurship.

20. The Entreleadership Podcast

Lessons from Dave Ramsey on business, team building, and leadership.

21. Leaders in the Trenches

Gene Hammett interviews a variety of entrepreneurs, authors, and speakers.

22. Manager Tools

Information about new tools and techniques to further your management and career objectives.

23. All in: Elevating Your Leadership Game

Interviews with leaders in business and global affairs to elevate your leadership. Hosted by Alicia Dunams.

24. The Introvert Entrepreneur

Beth Buelow interviews business owners for insights about overcoming challenges.

25. As Told by Nomads

Digital marketing specialist Tayo Rockson interviews leaders in business, culture, travel, and global affairs.

26. Six Pixels of Separation

Mirium president Mitch Joel discusses digital marketing, new media, and personal branding for online businesses.

27. This Is Your Life

Michael Hyatt’s weekly discussion of intentional leadership.

28. Accidental Creative

Practical everyday practices to help keep you prolific, brilliant, and healthy in life and work.

29. One Simple Thing

Hosted by Dave Kirby. Focuses on small actions you can take today to improve your life, your business, and your world.

30. Grit

Formerly titled Quit, this call-in show, hosted by Dan Benjamin, focuses on helping people sort out problems, evaluate options, and make changes in their lives.

31. The Social Hour

Social web experts Sarah Lane and Amber MacArthur present social-media tools, news, and profiles.

32. Ambitious Entrepreneur

Host Annemarie Cross helps new entrepreneurs discover how to stand out from the pack.

33. Dose of Leadership

Interviews with relevant motivation and influence experts from a wide range of fields. Hosted by Richard Rierson.

34. Learning With Leslie

Leadership, marketing, and entrepreneurship, with Leslie Samuel.

35. Duct Tape Marketing

John Jantsch interviews influential marketing professionals on far-ranging business topics.

36. The Engaging Brand

In-depth interviews with recognized figures in social marketing, social business, and social leadership, hosted by Anna Farmery.

37. Social Triggers Insider

Derek Halpern gives straightforward, no-nonsense business and marketing advice.

38. The Entrepreneur Effect

Focuses on complex issues of marketing.

39. Negotiation Academy

A podcast course in nuts-and-bolts negotiation, offered by Columbia Business School and hosted by Slate.

40. Online Marketing Made Easy

Strategist Amy Porterfield provides advice on social media and online marketing applicable to entrepreneurs in any industry.

41. Inside PR

Roundtable discussion of social-media and PR topics. With Gini Dietrich, Joseph Thornley, and Martin Waxman.

42. Self Made Man

The pursuit of excellence in business, relationships, health, finance, and legacy.

43. Planet Money, by NPR

Stories from the rapidly changing global economy.

44. IDEO Futures

The intersection of design, business, and entrepreneurship.

45. Build Your Tribe

Interviews and practical strategies from top internet influencers.

46. Breaking Down Your Business

Brad Farris and Jill Salzman use a top-five format to address issues facing small-business owners.

47. The School of Greatness

Lewis Howes shares inspiring stories from business, sports, and other fields in an exploration of what makes great people great.

48. Starting From Nothing

Successful entrepreneurs tell how they built their businesses entirely from scratch. Each episode includes a custom action guide.

49. Startups for the Rest of Us

Mike Taber and Rob Walling share insights from their experience building companies independently without venture capital.

50. Smart Passive Income

Pat Flynn from the Smart Passive Income blog covers online business and blogging strategies, income sources, and marketing for online businesses.

51. Beyond the To-Do List

Covers various aspects of productivity and living a meaningful life. Erik Fisher talks with real people about personal and professional productivity.

52. Internet Business Mastery

Aimed at beginners in the business world, with most content relating to business startups.

53. eCommerce Fuel

Host Andrew Youderian, an experienced e-commerce entrepreneur, provides down-to-earth, actionable advice with a humorous spirit.

54. CEO Exchange

PBS-sponsored podcast of interviews with leading CEOs. Learn from the successful captains of industry!

55. Marketplace

Daily business and economics news updates; some episodes on specialized topics.

56. The James Altucher Show

Author James Altucher interviews well-known figures from business and tech on topics including entrepreneurship, investing, and health.

57. The Tim Ferriss Show

The author of The 4-Hour Workweek talks with world-class performers in a variety of fields.

58. Social Media Marketing

Social Media Examiner’s Michael Stelzner navigates the social jungle with success stories and expert interviews from leading social-media marketing pros.

59. Youpreneur.FM

Author and speaker Chris Ducker discusses what it means to be a 21st century entrepreneur.

60. What Great Bosses Know

This podcast interviews managers and business leaders on practical skills they learned to become great bosses. Leadership lessons from the Poynter Institute.

61. The Chris LoCurto Show

Information to help you grow your leadership, your business, and your life.

62. Get-It-Done Guy’s Quick and Dirty Tips to Work Less and Do More

Tips on productivity, time management, making technology work for you, and other practicalities to help you save time for more strategic pursuits.

63. Marketing Over Coffee

Business marketing information and tips on social media, new technology, and other marketing tools, as well as interviews with marketing experts.

64. The Great Work Podcast

Michael Bungay Stanier talks with thought leaders about finding and sustaining your life’s work.

65. Foundation

Kevin Rose interviews tech entrepreneurs.

66. Eventual Millionaire

Business coach Jaime Tardy talks to millionaire entrepreneurs to learn their failures, advice, tips, and stories.

67. Killer Innovations Podcast

Hosted by Phil McKinney. As an executive at a leading high-tech company, Phil McKinney shares his experience, tools, tricks, and lessons learned about creativity and innovation.

68. The Bottom Line

Produced by BBC Radio 4 and hosted by Evan Davis. Wide-ranging panel discussion with business leaders.

69. Startup Grind

Interviews with successful entrepreneurs and thought leaders.

70. Smart People

Expert advice for all manner of personal and professional concerns.

71. The Solopreneur Hour

Hosted by Michael O’neal. The show is a “behind the scenes look” and deep dive conversation into what it takes to be a solopreneur.

72. Craftsman Founder

Discussions with authors and entrepreneurs provide a long view on startup strategy and writing books.

73. You Are Not So Smart

Explores issues of cognitive biases, heuristics, and logical fallacies through interviews with top scientists.

74. Freakonomics

Entertaining and wide-ranging stories about human behavior.

75. From Scratch

An NPR-produced podcast that explores the entrepreneurial life with leading pioneers from the business world, the social sector, and the arts.

76. Build and Launch

A weekly podcast focused on shipping small projects.

77. Daily Boost

Covers personal and professional topics including lifestyle design, balance, communication, career advancement, and success.

78. Mastermind Talks

For entrepreneurs who work on both their business and themselves.

79. Help My Business!

A nontraditional podcast that’s been called “The Daily Show for entrepreneurs.”

80. Bulletproof Radio

Information on technology for your mind, body, and life.

81. Crazy Is a Compliment

Linda Rottenberg shares smart lessons for cutting an entrepreneurial path in a turbulent world.

82. The Rise to the Top

David Garland helps “mediaprenuers” create and sell digital products and programs and how-to information online.

83. Get Busy Living

Benny Hsu discusses self-help, personal development, and better living.

84. 12 Business Ideas That Are Changing the World Podcast

Hosted by Allan Asher. What are the business ideas that are changing the world? Leading executives nominate the ideas and describe the challenges that are changing the way we do business today, and that will shape the business world of tomorrow.

85. Hack the Entrepreneur, with Jon Nastor

Discusses the fears, habits, and inner battles behind big-name entrepreneurs and those on the path to success.

86. 48 Days 

Dan Miller, author of 48 Days to the Work You Love, discusses work, career, and business startup.

87. Women Who Startup

Celebrates, connects, and empowers women entrepreneurs.

88. Mixergy

A deep dig into the successes and failures of business founders and thought leaders.

89. The Full Ratchet

Nick Moran interviews venture and angel investing experts on successful investing in early-stage companies.

90. The 20-Minute VC

Includes topics related to venture capital, startup funding, and pitching to funders.

91. Free Thinking

A BBC Radio 3 stalwart featuring in-depth conversations with thinkers and cultural critics.

92. Marketing Smarts

Hosted by MarketingProfs, a leading marketing blog and education organization. Each episode tackles a specific issue.

93. Ask Gary Vee Show

Marketing, social media, and entrepreneurship advice.

94. On Being, with Krista Tippett

This NPR program podcast focuses on values, faith, and meaning in human connection and existence.

95. Stuff You Should Know

Conversational and entertaining, covering a little bit of everything.

96. TotalPicture Radio

Talent acquisition, HR tech, careers, leadership, and innovation tips.

97. PRI’s The World

Global news and politics.

98. Sales Gravy: PowerPrinciples Podcast

Hosted by Jeb Blount. Sales professionals are the elite athletes of the business world. Like elite athletes, you must train to win.

99. Catalyst Podcast

Hosted by Ken Coleman. Practical leadership and cultural insights through in-depth interviews with renowned leaders, sought after speakers, and best-selling authors.

100. Conscious Business Podcast

Hosted by Theo Horesh. This show looks at the emerging world of conscious business and examines the strategies, leaders, cultural conditions, and new markets that are driving its evolution.

This post originally appeared on Lead From Within. Copyright 2014. Follow Lolly Daskal on Twitter.

Read the original article on Inc.. Copyright 2016. Follow Inc. on Twitter.

Businessinsider.com | October 30, 2016 | Lolly Daskal

#Life : 17 Minor Habits that are Making your Life More Difficult Without you Realizing It…Our Habits are What Ultimately Build Who we Are.

If we build positive daily habits, we create ourselves in a positive and thoughtful direction. If we build negative daily habits, we find wake up in deep holes while at the same time wondering how we got there in the first place.

young green plant in soil for agriculture, business growth or environment concepts (isolated on white background)

The key, then, is to understand how these habits come to be — and having the awareness to spot those that prohibit larger, more positive growth.

Here are some of the most common “bad habits” that tend to sneak under the radar and cause more harm than good.

1. You don’t follow through

Yes, this is a habit. Whether you’re promising to take out the trash or you’re promising to get the merger deal signed and delivered by Friday end-of-day, both are a function of the same habit — you have to follow through.

And what you don’t realize is that in not following through, you end up creating more work for yourself on the back end.

2. You ride instead of run

A metaphor and a literal translation of one’s work ethic, “riding” the bus is a very different experience than running alongside it. Be the runner, not the rider.

Contrary to popular belief, you will feel much more alive when you are part of the experience and the collaboration rather than just tagging along. If you’re tagging along, you’ll feel groggy and disposable. Get involved.

 

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3. You don’t make time to sleep

This whole “I work more and sleep less than you” competition is pretty much a charade. Humans have to sleep. We all have to sleep.

You’ll fall asleep sometime, regardless. So make it a schedule, make it a daily priority, find your rhythm, and leave it at that.

Being a Negative Nancy does nothing but suck the energy out of everyone — including you. Find the positive and focus on that.

5. You “have to be right”

There’s nothing quite like an endless argument.

6. You forget to breathe

I mean this in the most literal way — if you don’t make time to get back in your body and actually feel yourself breathe, then you aren’t just busy. You’re coping. Get back in touch with your core self, ASAP.

7. You check your email every three seconds

Nobody is going anywhere. No one is dying. Relax.

8. You eat lots of sugar carbs

Health lesson here: Sugar carbs spike your insulin. If your breakfast is a fruit bowl, that might explain why for the first hour you feel great and the second hour you feel like you want to take a nap. Eat less sugar.

9. You drink too much coffee

The gray area between moderation and addiction lies somewhere between a Grande dark roast and a Venti black eye.

10. You only work and never play

Especially if you’re in a creative industry, you have to make time for input, not just output.

11. Your circle of friends is one dimensional

This can be exceedingly exhausting. Come on, branch out a bit and surround yourself with people who will make you think differently.

12. You don’t exercise

Again, it’s contrary to popular belief, but standing still doesn’t make you feel energized and alive. The body wants to be pushed, challenged, torn apart, and rebuilt again. Give it that freedom.

 

13. You don’t study your craft

Energy is earned. We have more energy about the things we feel good about. And you can’t feel good about something unless you work at it. Put in the work, and you’ll feel energized.

14. You try to do too much at once

It is an art learning how to take on just enough so that you’re comfortably busy, but not so much that you’re constantly drowning.

15. You don’t practice appreciation

Living a happy life has far less to do with what you achieve or earn, and far more with how much you can appreciate. It is a practice, and deserves attention every single day.

16. You don’t listen

By not taking the time to listen to others, you make them feel disrespected. In turn, they react negatively toward you, and on and on the cycle goes. Take the extra minute and lend an ear.

17. You aren’t doing what you love

The ultimate energy-suck is not doing what you are completely and utterly obsessed with. Do what you love, and you’ll have more energy than you know what to do with.

Read the original article on Inc.. Copyright 2016. Follow Inc. on Twitter.

Businessinsider.com | September 10, 2016 | Nicolas Cole, Inc.

#Leadership : 3 Tough Habits You Must Drop to Succeed…Your Success or Failure to Create and Scale a Business will Come Down to the Kind of Habits you Incorporate Into your Daily Life.

Follow the habits of highly successful entrepreneurs, and there’s a good chance you will become one too. Strong personal habits that might positively impact a business include: healthy eating and working out, saving money and tithing.

young green plant in soil for agriculture, business growth or environment concepts (isolated on white background)

Strong work habits might include a regular cold-calling regimen, weekly networking and delegating. There are hundreds of personal and professional habits that make for a great business, but unfortunately there are a few bad habits that are so ingrained within most entrepreneurs that they die hard.

Here are the three difficult habits to kick that may be ruining your business.

Related: What’s Behind a 10-Year ‘Overnight’ Success Story?

1. You pay attention to the stories, not the facts.

Two weeks ago, you told your top salesperson that her performance numbers are off a bit, and she needs to work on getting her numbers up.

Since then, she hasn’t attended your weekly sales meetings. The story you tell yourself in your head is that she is angry, and she is probably seeking employment elsewhere. You’re telling yourself that she doesn’t care about your meetings anymore.

This is a story, and there’s a good chance it is not accurate.

The facts of this situation are that you told her she needs to increase performance, and she has missed two sales meetings. It’s very easy to confuse the stories we tell ourselves with the actual facts of the situation.

Stories create emotions, which cause us to react, and those reactions are based on conclusions drawn from typically false inferences. Being an effective leader will require you to break the storytelling habit that’s happening in your head. Instead, separate the facts from the stories, and make decisions based on what you know for sure.

Related: 7 Behaviors of Successful People

 

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2. You only believe what you believe.

For the most part, what you believe about anything has been firmly implanted in you by others throughout your lifetime.

Building a business requires you to innovate, which means you must question every belief you have.

Zappos’ CEO Tony Hsieh didn’t believe that people would never buy shoes over the Internet because they couldn’t try them on, and thus Zappos was built.

Steve Jobs didn’t believe that a phone could just be a phone. He believed it could be a computer, a camera and a music player. One of the hardest habits to break is believing what you’ve been groomed to believe your entire life. If you can break this habit, there’s no telling where your business will go next.

Related: 8 Great Entrepreneurial Success Stories

3. You ignore criticism.

It takes a very healthy ego to build an empire. To have a Virgin-sized business you need to believe that you can be, do and have anything that you put your mind to.

That being said, one of the hardest habits to break is believing you are better than you are. When an employee or customer tells you that your product, your service or your attitude sucks, it’s easy to revert to old habits, and defend the honor of this amazing business you have built.

You have 500 great customer reviews, and one that is glaringly terrible. It’s easy to write-off that one bad review in your head, but if you can break the habit of ignoring criticism, there’s a good chance that there’s more to learn in that one bad review than in the other 500 good ones combined.

Entrepreneur.com | August 18, 2016 | Stacey Alcorn

Your #Career : 20 Signs You’re Destined to Become a Millionaire…In Reality, It’s a Lot More Common Than you Think and Completely Possible If you Have the Right Mentality to Become Rich.

Becoming a millionaire may seem like an unobtainable dream. I’ve been there and felt like it was unattainable and something that would never happen to me.  Then I started reading, studying and mimicking countless different successful millionaires.

Free- Lock in Door

In reality, it’s a lot more common than you think and completely possible if you have the right mentality to become rich. Here are 20 signs based on observations from several millionaire friends of mine, that you’re destined to become successful.

1. You started making money at a young age.

One of the most common traits that the wealthy have in common is that they began earning money at young age. For example, a 12-year-old Mark Cuban sold trash bags door-to-door, Warren Buffett sold packets of gum to his neighbors when he was just 6-years-old and Richard Branson bred and sold parakeets as pets at the age of 11.

If you had this entrepreneurial spirit as a child, then that’s a solid indicator that you’ll become a millionaire since you’ve always been on the lookout for ways to make money.

 

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2. You’re an overachiever.

Were you that student who wasn’t satisfied with a B in class? Millionaires have the mindset to shoot big. They’re not satisfied with making just $1 million. They want to make $10 million.

3. You’re really, really good looking.

I know. This sounds like a bunch of bull and discriminatory, but research conducted by Daniel Hamermesh, an economics professor at the University of Texas in Austin found that this is the case. According to his research, “attractive people are likely to earn an average of 3 percent to 4 percent more than a person with below-average looks.” That may not sound like a fortune, but that adds up to “$230,000 more over a lifetime for the typical good-looking person.”

Related: 10 Ways to Become a Millionaire in Your 20s

Hamermesh found that attractive people are able to charm interviewers and are able to land more sales.

4. You have an action-oriented mindset.

“Are you the kind of person who sees an opportunity and then takes action to take advantage of it? If so, congratulations, because it’s that kind of action-oriented mind-set that can propel you to financial freedom,” says Todd Campbell, author of “Your Guide to Better Stock Picks.”

“For example, it’s been proven time and time again that long-term investing can produce significantly more wealth than short term trading, yet many Americans fail to make the most of their best long-term investment vehicle: their workplace retirement plan.

Do you contribute to your plan? If so, do you contribute 10 percent of your income? More? Less? Considering that someone who contributes 10 percent of their $40,000 in income to a 401(k) plan at a 6 percent return has $311,572 more after 35 years than one who contributes 3 percent, underutilizing retirement plans is a surefire way to derail you on your way to millionaire status.”

5. You possess a sense of urgency.

Millionaires don’t wait for the perfect time to invest or launch their business. They realize that there’s no better time than the present to start making money. Sitting back and waiting is one of the best ways to squash your dreams.

Bottom line — start right now.

6 You’re focused more on earning than saving.

It’s no secret that the wealthy are frugal with their money. While they excel at saving and spending wisely, they also know that the best way to make money is to invest it.

7. You keep an open mind.

You never know when an opportunity is going to present itself. And, if you immediately shut the thought of investing in this opportunity, then you could be losing out on making a fortune. When I started my online invoicing company, I saw an amazing domain and had to make a six-figure purchase in a matter of three days. This meant moving around some money and convincing my spouse to go along with it. We both have open minds which help this process even happen.

That’s why the wealthy always keep an open mind on new ideas. It may not be something that they would have supported in the past, but if it can make them a couple of bucks, then they may reconsider it.

As Warren Buffett once said, “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

8. You were Mr. or Mrs. Popular in high school.

“We estimate that moving from the 20th to 80th percentile of the high-school popularity distribution yields a 10 percent wage premium nearly 40 years later,” stated the abstract to the work of Gabriela Conti (University of Chicago), Gerrit Mueller (Institute of Employment Research), Andrea Gaeotti (University of Essex) and Stephen Pudney (University of Essex).

In other words, if you were popular in high school, meaning that you had a lot of friends, then you have a better chance of earning more money.

9. You’re able to live below your means.

Another common trait that millionaires have in common is that they’re able to live below their means. Instead of flaunting their wealth they drive practical cars, live in modest homes, and don’t spend their hard earned cash on items which are a useless luxury item.

Related: How to Become a Millionaire by Age 30

For example, my wife and I try and budget at least 50 percent of everything we make into our savings account to which we can put towards investments. These make us a lot more money in the long term. We could go out and splurge (which we do occasionally) but we’re more in it for the long term.

10. You had a mentor.

It’s no secret that you associate yourself with can affect how successful you’ll be. Think about that for a second. If you’re spending a majority of your time with people who are negative or don’t have a drive, then do you think that they’re going to influence you in being motivated and optimistic?

In other words, if you want to be wealthy, then start hanging out with millionaires. Not only will this keep you motivated, you may be able to find a someone who is willing to become your mentor and can show you the ropes.

If you don’t personally know any millionaires, don’t be afraid and reach out to them on social media or through an email after meeting them at a networking event and start building a rapport.

11. You’re not stuck in the past.

Right now we’re in an interesting presidential election, to say the least. Regardless of who you’re voting for, we hear a lot about restoring the country back to the “good ole’ days.” While that statement may work for politicians, it’s not going to float for millionaires.

These are people who have gotten over failure, rejection, and fear. And, they’re more concerned about putting their energy into their future. I’ve lost millions in lifetime, I’ve moved past it and the fear of failure will never hold me down.

12.You’re a goal-setter.

Speaking of the future, the wealthy think about their long-term goals and needs.

“You don’t make a million by accident. If it’s not a goal you sure as hell won’t hit it,” writes Peter Voogd, founder of the Game Changers Academy, who made his first million before turning 26.

13. You aren’t divorced.

A study of around 9,000 individuals found that divorce reduces a person’s wealth by about three-quarters (77 percent) compared to that of a single person, while being married almost doubles comparative wealth (93 percent).

“Divorce causes a decrease in wealth that is larger than just splitting a couple’s assets in half,” said Jay Zagorsky, author of the study and a research scientist at Ohio State University’s Center for Human Resource Research.

“If you really want to increase your wealth, get married and stay married,” suggests Zagorsky.

This isn’t to say that you can’t achieve greatness if you’re divorced. I’m previously divorced and have made millions since.

14. You can defer gratification.

Jason Hall, a writer and editor for the Motley Fool, says “deferring gratification is one of the most important steps to becoming a millionaire.”

Hall adds, “The reality is, building wealth generally takes a lot of time. Even Warren Buffett, one of the richest people alive and arguably the best investor ever, created more than 80 percent of his vast wealth after he turned 50.”

Related: You Deserve to Be a Millionaire. Follow These 12 Tips to Get There.

Learn to defer your gratification.

15. You know how to maximize your strengths.

“I suck at 99 percent of stuff, but I go all out on that 1 percent I’m good at,” Gary Vaynerchuk once said.

That’s not to say that you shouldn’t learn something new or work on some of your weaker skills, it means that millionaires are able to capitalize on their greatest strengths and then surround themselves with people who can enhance their weaknesses.

16. You’re optimistic.

How many people do you know are constantly whining and then blaming others? I bet those people aren’t well off financially, are they?

Millionaires don’t whine, complain, or point fingers. Instead, they accept challenges and look for ways to conquer them.

As T. Harv Eker, author of “Secrets of the Millionaire Mindset: Mastering the Inner Game of Wealth”, says “Rich people believe, ‘I create my life.’ Poor people believe, ‘Life happens to me.'”

17. You may have a drink, but you don’t smoke.

Did you know that men who are self-reported drinkers earn 21 percent more than male abstainers, while women who drink earn 8 percent more than non-drinking females. The reason? Drinking enhances social capital, which leads to superior market outcomes.

Jim Britt, author of, “Do This. Get Rich!,” adds that,”A person who doesn’t drink at all — not that that’s a bad thing — is probably very conservative, and that would keep him or her out of a lot of social circles.”

However, the wealthy are not smokers. “Smokers spend an incredible amount of money on smoking,” says J.L. Zagorsky. Eventually, those packs of cigarettes add up. And, that money could have been spent more wisely, like on investments.

18. You have thick skin.

When you’re consumed by what others think of you, you’re allowing yourself to be held back. Instead of worrying what others think about you, the wealthy have a thick skin thanks to being mentally tough.

In fact, being mentally tough is one of the key ingredients in making a successful entrepreneur since it assists them in handling pressure and overcoming challenges and setbacks.

19. You keep up with current events.

The most successful people in the world kickoff their early mornings by catching up on current events. For example, Warren Buffett and Bill Gates read publications like the “Wall Street Journal,”the “New York Times,” “USA Today,” and the “Financial Times” so that they can make more informed investment decisions based on what’s going on in the world.

20. You’re constantly improving yourself.

While having a college degree can make a difference in determining your net wealth, that degree ultimately doesn’t determine if you’ll become a millionaires or not. Bill Gates is one of the most famous college dropouts of all-time. But, that hasn’t stopped him, and wealthy people like Mark Zuckerberg and Jeff Bezos, from continually improving himself by feverishly reading and learning new information or skills.

Here is to becoming the next millionaire.

 

Entrepreneur.com | August 9, 2016 | John Rampton

Your #Career : 11 Mistakes Standing Between You and Your First Million (4 min read)…Becoming a Millionaire isn’t as Far-Fetched as You would Believe. With Dedication, Patience and Focus, Becoming a Millionaire is Completely Obtainable. If I can Do It, Anyone Can.

I’ve been a millionaire three separate times in my life. The first time I saw $1,000,000 in my bank account, I almost fainted. Even though I knew it was hitting my account, it still caught me off guard.

Free- Lens Close Up

Becoming a millionaire isn’t as far-fetched as you would believe. With dedication, patience and focus, becoming a millionaire is completely obtainable. If I can do it, anyone can.

The hardest part? Actually reaching your first million. After that, everything else falls in place. But why is it so difficult to reach your first million? I find that most people are pretty close, but hold themselves back with the following mentalities:

1. You’re not thinking the right way.
As Napoleon Hill discovered in his landmark 1937 book “Think and Grow Rich,” wealthy individuals think differently than the average person. After interviewing 1,200 of the wealthiest individuals in the world, self-made millionaire Steve Siebold agrees with Hill’s findings. They include:

The rich believe poverty is the root of all evil.
Selfish can be a virtue.
They have an action mentality.
The rich acquire specific knowledge.
They dream about the future.
They follow their passion.
The rich enjoy challenges.
They use other people’s money.
Millionaires focus on earning, not saving.
They know when to take risks.
In short, if you want to become a millionaire, start changing the way you think about money and success.

 

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2. Being too concerned about perfection.
Here’s one of the most important and valuable lessons I’ve learned in life — nothing is perfect. The sooner you accept that, the sooner you can move forward, instead of being stuck in one place.

If you’re starting a business, the more time you spend perfecting your product or service, the more time your competitors have to tap into your market and take away potential customers. Don’t hesitate to experiment. Get to market as soon as you can. You can always work out the kinks later while you’re still making a profit.

3. Spending everything you make.
You just received a fat six-figure check. It’s tempting to go out and buy a luxury car. The thing is, wealthy people know how to live below their means, as opposed to spending everything that they just made. Many wealthy people, like Warren Buffett, live in modest homes and drive practical cars.

As Dale Carnegie once said, “Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.”

4. Setting unrealistic expectations.
While the wealthy definitely dream big, they also set realistic expectations. They’re well aware that they’re not going to become millionaires overnight. It takes a lot of hard work and patience to achieve their goals.

As any marathon runner will tell you, you can’t expect to run 26 miles without the proper training and conditioning. Review the progress you’ve already made and where you’re headed.

5. Following others blindly.
It can be incredibly beneficial to seek mentors or read words of wisdom from those who have struck it rich. The thing is, what worked for them may not work for you. For example, launching a company like Apple or Microsoft may not work today. So, following how Jobs and Gates became successful step-by-step isn’t going to help your subscription-based cleaning service.

Understand what works for you and your business and how you can be successful in that industry.

6. Relying too much on plastic.
Credit cards can be useful if you need to build your credit or invest in your business — as long as you’re smart with how you use them. It’s incredibly easy to get yourself into credit card debt. That means that instead of making wise investments or putting money into your business, you’re busy paying off your credit card bills with those high interest rates.

7. Plan for the long run.
The wealthy have a knack for always looking and planning for the future. They know where they want to go and what it will take for them to achieve success. This allows them to anticipate any obstacles and have a plan in place to handle those challenges.

If you are starting a new business venture, you need to have a long-term plan that addresses how to attract and retain clients and customers and outlines how you’re different from the competition.

8. Spending time with the wrong people.
The rich don’t waste their time by associating with the wrong crowd. I’m talking about the naysayers and negative people who keep telling you that you can’t achieve your dreams, or the people who are using your success to their advantage.

Instead, the rich spend time with like-minded people who are driven, passionate and are thinking about how amazing their future is going to be. They are always building their brand.

9. Doing everything yourself.
Despite wearing multiple hats and being a jack-of-all trades, it’s impossible to do everything on your own. Let’s say that you just launched a startup. You need to hire talented individuals who enhance your strengths and pick-up the slack in your weaker areas.

Related: The 4 Golden Rules of Millionaire Time Management

Learn how to outsource and delegate the tasks that you’re not familiar with or aren’t as strong in. This is one the secrets that entrepreneurs rarely tell you, but it’s essential if you want your business to grow.

10. Not being in the right place at the right time.
Whether it’s making an investment or starting a business, timing and location is everything.

Take Ryan Graves, for example. He simply tweeted “hire me : )” to Travis Kalanick in 2010. Graves became Uber’s first employee, then the company’s head of global operations. He’s estimated to have $1.4 billion in equity.

Instead of daydreaming, seize the opportunities that are right in front of you.

11. You don’t believe in yourself.
What’s the biggest thing holding you back from becoming successful? It’s probably the fact that you don’t believe in yourself. Instead of second-guessing every move you make, trust your gut and go with your intuition instead of waiting for insights from those around you.

As Dale Carnegie once said, “Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.”

 

Entrepreneur.com | July 27, 2016 | John Rampton