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The Entrepreneur’s Biggest Problem

Even if you may not consider yourself an entrepreneur, I’m willing to bet you will relate to what I’m writing about here. After decades of coaching entrepreneurs in a wide variety of industries, I think I’ve learned the single biggest problem that entrepreneurs face. I call it “Gas Pedal Mentality.” Let me explain.

If you wanted to win the Indianapolis 500, here’s what you would NOT want to do: Get in the car, wait for the flag to drop, and then just floor it. You would NOT place both feet firmly on the gas pedal and hope for the best. While this scenario may sound ridiculous, I can assure you that entrepreneurs, along with many others, use this strategy more often than you might think. Obviously, if you use a “Gas Pedal Mentality,” you’ll most certainly end up in a wreck or with a burned out engine, but that’s exactly what many entrepreneurs do. Since most entrepreneurs typically start out with an abundance of enthusiasm, drive, and energy, they just pour it on. Unfortunately, that’s not the best strategy for the long term.

Have you ever met an entrepreneur that did damage to their personal or professional life and relationships with this pedal-to-the-medal approach? Have you ever met an entrepreneur who was once successful and making progress only to completely burn out a short time later? If you’re an entrepreneur, has this happened to you?

Winning a race requires not just knowing when to hit the gas, it’s also critical to learn when to utilize the clutch as well as the brakes. In fact, it’s learning to balance accelerating with shifting and braking throughout the race to avoid both crashes and burnout that wins the race. The same holds true in life and business.

I’ve been surprised to learn that most entrepreneurs actually work too many hours. They often sacrifice other important areas of life outside of work in an effort to get ahead. Not only does this result in burnout, it can also wreck relationships with family and friends not to mention create serious health issues.

If you’re an entrepreneur and you don’t have a fun, stimulating, interesting life outside of work, you’re probably pushing on the gas pedal too hard. What you may need to do is slow down to develop some focus and balance. Undoubtedly, there are things in your business that must be done but are you doing too much? Have you learned to delegate things that you should not be doing, such as activities that are not a part of what I call your Unique Talent™? Do you know what your Unique Talent™ is and how to make the most if it?

My challenge to you is to find a professional coach who works with and understands entrepreneurs. Then focus on finding your Unique Talent™ as the first priority. Next, learn how to delegate all those things that are outside of your Unique Talent™ zone. If you think this isn’t possible, examine the world’s greatest entrepreneurs who also have happy family lives with lots of interesting and engaging friends.

Trust me, the secret is focus and balance. It’s not about going faster. It’s not about working harder. It’s about working smarter. It’s about being more strategic with each action that you take which includes knowing not only what to focus on but also what to delegate and what to stop doing completely.

Remember that success is never enough. What you want is success with fulfillment, and that requires a different strategy.

Get in touch with a coach today if you don’t have one. Here’s a tip: A great coach should ultimately not cost you a dime. A great coach should be helping you to earn more money and gain more free time. Remember, focus and balance are what lead to success with fulfillment. Replace the urge to go faster with the strategy of balancing your life and your work. This is the secret to a life’s journey that’s both more profitable and more fulfilling.

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Be Useful

Would you say that you are useful? I can assure you the answer is yes but what you do think? This is an important question to consider, especially if you don’t feel like your life is on the right track. To help you think about your answer, I want to share something from Robert Fulghum, the author of “All I Really Need to Know I Learned in Kindergarten.” Here’s what Mr. Fulghum wrote on his website about being useful:

* * * * *

“Often, without realizing it, we fill important places in each other’s lives. It’s that way with the guy at the corner grocery, the mechanic at the local garage, the family doctor, teachers, coworkers, and neighbors. Good people who are always “there,” who can be relied upon in small, ordinary ways. People who, by example, teach us, bless us, encourage us, support us, uplift us in the daily-ness of life.

“I want to be one of those.

“You may be one of those, yourself. There are those who depend on you, watch you, learn from you, are inspired by you, and count on you being in their world. You may never have proof of your importance to them, but you are more important than you may think. There are those who couldn’t do without you. The rub is that you don’t always know who. We seldom make this mutual influence clear to each other. But being aware of the possibility that you are useful in this world is the doorway into assuring that will come to be true.

“My way is to keep writing and sharing that. What’s yours?”

* * * * *

I think it’s hard to improve on that. If fact, I think it’s not only a good idea to review Mr. Fulghum’s ideas about being useful from time-to-time, but also to review what he learned in kindergarten that became the guiding principles of his life, and the basis for many best-selling books.

Here they are in summary form:

* * * * *

ALL I REALLY NEED TO KNOW I LEARNED IN KINDERGARTEN
by Robert Fulghum

All I really need to know I learned in kindergarten. ALL I REALLY NEED TO KNOW about how to live and what to do and how to be I learned in kindergarten. Wisdom was not at the top of the graduate-school mountain, but there in the sandpile at Sunday School. These are the things I learned:

Share everything.
Play fair.
Don’t hit people.
Put things back where you found them.
Clean up your own mess.
Don’t take things that aren’t yours.
Say you’re sorry when you hurt somebody.
Wash your hands before you eat.
Flush.
Warm cookies and cold milk are good for you.

Live a balanced life – learn some and think some and draw and paint and sing and dance and play and work every day some.

Take a nap every afternoon.
When you go out into the world, watch out for traffic, hold hands, and stick together.
Be aware of wonder.
Remember the little seed in the styrofoam cup:
The roots go down and the plant goes up and nobody really knows how or why, but we are all like that.
Goldfish and hamsters and white mice and even the little seed in the Styrofoam cup – they all die.
So do we.

And then remember the Dick-and-Jane books and the first word you learned – the biggest word of all – LOOK.

Everything you need to know is in there somewhere. The Golden Rule and love and basic sanitation. Ecology and politics and equality and sane living.

Take any of those items and extrapolate it into sophisticated adult terms and apply it to your family life or your work or your government or your world and it holds true and clear and firm. Think what a better world it would be if all – the whole world – had cookies and milk about three o’clock every afternoon and then lay down with our blankies for a nap. Or if all governments had a basic policy to always put thing back where they found them and to clean up their own mess.

And it is still true, no matter how old you are – when you go out into the world, it is best to hold hands and stick together.

© Robert Fulghum, 1990.
Found in Robert Fulghum, All I Really Need To Know I Learned In Kindergarten Villard Books: New York, 1990, page 6-7.

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Alternative Facts

Have you heard the two-word phrase “alternative facts?” I find the idea simultaneously humorous and troubling. The dictionary definition of the word “fact” is “a thing that is indisputably the case.” Synonyms include reality, actuality, and certainty. With that in mind, what are “alternative facts?”

Let’s give credit to Kellyanne Conway for the phrase “alternative facts.” As a counselor to President Donald Trump, she used the phrase on a TV interview last year on “Meet the Press.” When I first heard the phrase, I did a double take. I laughed and said to myself: “Did she really just say alternative facts?” Yes, she did, and some people are actually doubling down and remaining committed to the concept.

Recently, President Trump’s personal lawyer, Rudy Giuliani said this in an interview: “Truth isn’t truth.” So now are we supposed to believe that there are “alternative facts” because the “truth isn’t truth?”

I propose we clear this up with an idea offered by Sir Winston Churchill:
“The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.”

It’s hard to beat that. Old Winston had a way with words!

The purpose of writing this blog is to provide encouragement to search for the truth rather than opinions and/or political manipulation. A search for the facts leads to great benefits and advancement. So if you are in search of the truth, keep looking. Never be quick to accept any opinion or point of view that is offered without evidence. As someone once said, “Don’t be a follower, be a student.” Listen to both sides of the argument and make up your own mind. Rely on the best information you can find. Use your best thinking. Perhaps even consider putting the phrases “alternative facts” and “truth isn’t truth” in the trash can where they belong.

Now let’s go get the truth, the whole truth, and nothing but the truth.

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The Pledge

Have you ever made a pledge? It means to make a solemn promise or undertaking. The most famous example is perhaps “The Pledge of Allegiance” that we use in the United States.

It was written by Francis Bellamy in 1892. In its original form it read:

“I pledge allegiance to my Flag and the Republic for which it stands, one nation, indivisible, with liberty and justice for all.”

In 1923, the words, “the Flag of the United States of America” were added. Then it read:

“I pledge allegiance to the Flag of the United States of America and to the Republic for which it stands, one nation, indivisible, with liberty and justice for all.”

In 1954, in response to the Communist threat of the times, President Eisenhower encouraged Congress to add the words “under God,” creating the 31-word pledge we say today. It now reads:

“I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all.”

It’s so popular, and we’ve heard it or recited it so often, that it’s become a part of our collective consciousness. Yet here’s my favorite observation which is often overlooked. Notice that in all versions it starts with the word “I” and ends with the word “All.”

I think that’s something worth thinking about.

Source: UShistory.org

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The Magic Word

One of my first mentors in personal development, Earl Nightingale, referred to the word “attitude” as both “The Magic Word” and one of the most important words in the English language. As with much of what Earl wrote and talked about, he was right on with this idea.

As a life-long student of success and failure, I’ve found that our attitude is the single greatest factor in determining how we experience life. It’s not an overstatement to say that it’s the strongest force behind the results we achieve.

Your attitude is a mixture of your philosophy of life, your beliefs, your expectations, and your emotions. What you feel and experience in life is primarily coming from your attitude, your outlook on life.

Perhaps attitude can best be defined as a settled way of thinking or feeling about someone or something, typically in a way that is reflected in a person’s behavior. It’s hard to obtain good or great results in life without a good or great attitude.

How would you rate your attitude? As with all success concepts, attitude is not the only factor involved in what you achieve (or don’t achieve), but it’s right up there at the top.

Consider for a moment the attitudes of the people you’ve been around most of your life. Would you describe the general attitude in your environment both past and present to be poor, good, or great? Think about the attitude of your parents and other relatives as well as all of the people you are around on a daily basis right now. And how about the attitude that you bring to your environment? Would you describe it as poor, good, or great?

When clients tell me about the environment they experience on a daily basis, I often suggest the following method for sorting things out. If your environment, including the people you are currently around, reflects a poor attitude, consider using some strategic disassociation; if your environment is good, but not what you most want in your life, consider limiting the negative associations. If your environment is great, look for ways to expand your association with those people that most inspire you to grow. This is one of those concepts that is deceptively simple, yet all encompassing when it comes to how we experience life.

For the next 30 days, try cultivating a great attitude in all of your dealings with the world. I can promise you that this won’t be easy at first, especially if this isn’t something you have spent a lot of time previously thinking about or working on. However, if you’ll keep at it for a sufficient amount of time, you’ll soon discover that you are developing a new pattern of behavior that will impact every area of your life in ways that you can’t even imagine.

Work on making your attitude better every day and watch as new levels of synchronicity and serendipity come your way. We tend to get out of life what we expect, and our attitude is the key.

Focus your attitude using these two key words: Gratitude and Expectancy. First, be grateful for where you are in life and what you’ve already accomplished. In some ways, you’ve already won the grand prize in life. A scientist would tell you that your appearing on planet earth is beyond calculation or comprehension, especially if you happened to show up in a free country. So you’ve already won the lottery.

Second, expect the best. Cultivate an attitude of hopeful expectation. Work on expecting the best from life and watch how having great expectations leads to having even more to be grateful about.

Finally, commit the following three Earl Nightingale quotes to memory as a way to lock in place this most important idea:

  • “Our attitude toward others determines their attitude toward us.”
  • “We can let circumstances rule us, or we can take charge and rule our lives from within.”
  • “Our environment, the world in which we live and work, is a mirror of our attitudes and expectations.”

Earl was often referred to as the “Dean of Personal Development.” It’s certainly not hard to see why.