When you decide to launch a business, there is normally a lot of excitement and big thinking. This is especially true if you have done your homework, sought wise counsel and prepared a long term business plan with good benchmarks. When you run on raw emotion, your thrill is likely to be tempered with anxiety, and for good reason.
Thinking a business through is crucial. Don't live in the land of platitudes about getting rich quick or being the next monster company in your space, etc. The truth is that most companies don't succeed, which is why we are so fervent in our belief that mentoring and apprenticeship are important.
In episode 73, we take a look at what happens when doubt begins to creep into your mind (no matter how well you prepare). What do you do when you start to have second thoughts or question your assumptions, advice or a thousand other variables? As you listen to this show, you'll get some sure fire ways to beat back the doubt demons and rest in the fact you can make a difference.
In recent shows, we have made the analogy that a powerful small business is like a lighthouse because it's build on a solid foundation, intensely focused and leads people to safe harbor. In Episode 72, we will use the lighthouse analogy to examine what it means when launching a new company.
What happens when you have a new idea? How do you make sure it's build on a solid foundation? It's important to look at a practical application in your own mind starting with an idea, concept or strategy. Will this be a great small business... or not?
There are several critical rules of engagement to understand when it comes to implementing a new idea. Some people believe they can create a fast-moving business and circumvent the rules of growth. You'll learn there are only two things that happen fast. Tune in and please share this with fellow entrepreneurs!
Looking back at the 15 years since our nation was attacked by radical Islamic Terrorists on 9/11/2001, America still faces challenges which go far beyond killing terrorists and teaching our fellow citizens you can't negotiate with evil. However, looking across the harbor from the new Freedom Tower standing at 1776 feet, the Statue of Liberty helps answer the question.
Did you know that in addition to inspiring our citizens and welcoming visitors, Lady Liberty originally served as a navigation aid to guide ships into New York Harbor?
Think of the Statue of Liberty as a Patriot Lighthouse and consider three of her most powerful characteristics. (A patriot is defined as a person who loves his or her country and its interests with devotion.) In Episode 70 we will look at three specific characteristics of a Patriot Lighthouse that apply to Lady Liberty, to our businesses and our homes.
Time is the most valuable commodity we have. It's almost a cliche to say, but sadly many people don't think about it until we are smacked in the face with an event that ends time for a friend, family member or colleague.
In Episode 70, we examine two of the worst words in the English language; IF ONLY. The key to understanding time is to actively plan how you use it. There are simple ways to plan your week to make sure the most important blocks are scheduled to their highest and best use.
Do you treat your time like the most valuable asset in your investment portfolio or a commodity that you burn on a daily basis? The way you treat your time will have a tremendous impact on everyone around you and the productivity of your business interests.