Think Daily for Businesspeople Messages
Only a minority of people have discovered and embrace a life of continuous learning. You know who they are when you start talking to them.
It’s reading, listening to audiobooks, subscribing and attending. It’s first thing in the morning for some, and while driving, and in the evening. It’s taking notes and revisiting them. It’s learning and thinking about it and writing. It’s from a wide variety of sources, not just what you’re already predisposed to know or believe. It’s finding out what you need to know to grow to your potential and develop your talents and make the biggest contribution.
No habit will contribute to your forward motion and success more that the habit of lifetime learning.
We all fill up our days doing “stuff”. But people that add more value do work that will impact tomorrow and the days after that. I call this work “Legacy Projects” because it has an impact far into the future.
Often this work does not fix or smooth over problems – it prevents them in the future. It could be a training program written or implemented, getting the right people in the right seats, redesigning how your people do things to operate, or overhauling this department or that process.
Legacy projects are what makes tomorrow better. What legacy project are you working on?
Assuming you want greater results next year, what will drive those results? A new employee or key position filled? A new piece of equipment? New software or training program for your staff? Some diversification?
You’ll need to get started now, because these things don’t produce results on day one.
What do you need to begin today?
I’ve often talked about not speaking or acting when we are mad. And for the most part that’s true.
But for some of us who (are “nice guys” and) have been delaying things we need to do – hard conversations, personnel changes, resisting change ourselves – we need to get mad – and act when we are in the state of mind to do so.
Have you had enough?
You are the leader of a group of people trying to deliver a product or service with certain goals. There is no Constitution, or legislative and judicial branches in your business – it’s all you.
As the leader of a relatively small group, your emotions, fears, beliefs, habits and weaknesses weigh heavily on the business and show up in the team’s progress.
Don’t defeat yourself. Change. Be the winner; the leader you need to be to accomplish the goals you have set.
Being a business owner is solving a long (never-ending) series of problems. When we get shy or afraid of dealing with a problem, often it’s because we don’t want to attack a person.
Learn to attack the problem, and not the person. Lay out the problem for them clearly, discuss solutions, and make a decision. Separate the person or people from the problem.
Good leaders can solve problems in this way without others leaving bitter or feeling they were treated unfairly.
You need to make a decision. So you get the information you need, weigh it and consider the right path, and make what you obviously believe is the right call.
But what if the information you were basing your decision on is wrong? Twisted? Incomplete?
Beware of false information. Sources will often skew/hide/or falsify information. Sometimes they believe it’s the truth, but only from their perspective or in front of their beliefs. Spend the time to get the right information, and verify it, and you will make less costly mistakes.
As Adam Smith, Milton Friedman and Freidrich Hayek have stressed, freedom of exchange and market coordination provide fuel for economic progress. Without exchange and entrepreneurial activity coordinated through markets, modern living standards would be impossible.
But advantageous exchanges do not always occur. Their realization depends on the presence of sound money, the rule of law, secure property rights, reasonable tax rates and other factors.
Here are the top ten most economically free countries in the world now -
1) Hong Kong 2) Singapore 3) Switzerland 4) New Zealand 5) United Arab Emirates 6) Mauritius 7) Jordan 8) Ireland 9) Canada 10) United Kingdom.
The United States, once known as the bastion of economic freedom, has fallen dramatically since the year 2000 when it was number two on the list. The US is now at #16 is due to a weakening rule of law, increasing regulation, and the ramifications of wars on terrorism and drugs.
The lowest on the list? Iran at number 157.