Posts Tagged ‘business’

This is Part 3 in the series.

Read Part 2 here and Part 1 here.

If you find someone who’s good, using these contracting sites I’ve outlined in previous posts in this series, actually pay them more than they expect when the job is done. That creates an instant loyalty. We talked before about how these countries have currencies and economies that, because our economies in certain Western countries are better, if you give some people a bonus of $10 USD or $20 USD for a job, that’s massive.

It makes a big difference, and can be a whole days’ worth of work.

For you it’s nothing, really, it’s not much at all, another $10, but for these people it can feed their families for a couple of days, and that’s a lot.

This is just a way to create the loyalty and build a sense of team around what you’re doing.

Read the rest of this entry »

Some of you may know me for my work on outsourcing. I’ve spoken from the stage on several occasions about this topic, and it’s had a significant impact on the way I run my business. Before I started doing it, I was banging my head on the wall trying to do everything myself and getting nowhere fast. Since I’ve been able to leverage my more valuable skill sets by outsourcing the lower value skill sets, I’ve been able to achieve much more.

And lately I’ve had alot of people come to me to ask about how to more efficiently achieve an outcome through better systems or more efficient processes.

So I’ve put together a three part series sharing some of my thoughts on the topic. It’s by no means super comprehensive, but I will share some gems to get you started.

I’m a big believer that lifestyle is important. If you’ve chosen the Internet as a lifestyle and you’re working on it as if you were working on a job, then you probably need to reevaluate your strategy.

The first step I’d recommend is checking out Tim Ferriss, who wrote The Four-Hour Work Week. That will definitely give you a mindset rock. Tim’s mind is really cool in terms of being lazy; I love being lazy as well. Not as lazy as Tim, I work a little more than four hours a week, but I don’t see it as work; I see it as play. When I’m in front of the computer, I’m having a great time.

Read the rest of this entry »

I’m super pumped. Why? Because the UFC will be in Australia this weekend for UFC 110.

You might think I’ll be there at Acer Arena to witness is, but I won’t. You see, tickets were literally sold within hours of the pre-release! So, hell yes I was bummed. Tickets are now going for upwards of $600 on eBay. Now THAT is a market, and its easy to see why MMA is undisputedly the fastest growing sport on the planet.

The UFC organise events every 2-3 weeks, enough to keep their fans satiated, but still leaving them wanting more. They’ve branched out all over the world and audiences are clambering to get in to their events, which almost always sell out. And not only that, some of the PPV numbers are just massive, rivalling and even surpassing other sports like boxing and football. They are growing so fast it will be interesting to see how the organisation handles the growth, and how its president Dana White handles his time. Right now it seems he’s everywhere – choosing and cutting fighters, doing deals with venues, and even making appearances on the hit tv show ‘Ultimate Fighter’. As the UFC gets bigger and bigger he will definitely have let some of this stuff go if the company is to grow without a bottleneck.

Now let’s look at the fighters. First I want to preface this by saying I’m an exercise physiologist/scientist and have worked with many elite athletes. When I look at a UFC fighter, it amazes me as to how extreme their sport is. So lets take a look at how the best athletes prepare, and how you can take those same lessons and apply it in your business.

Before a fight, they usually take 4-6 weeks of their lives and commit to a training ‘camp’. This removes them totally from their normal daily routines and people and FORCES them to train, eat, sleep and recover. They also strategise and watch footage of their opponent, putting together a strategy to beat them.

How does this apply to you?
Do you find your productivity explodes when you have a deadline? When you’ve made it public and other people expect a good performance from you? If you answered yes, and you KNOW this works for you, why not turn all your projects into 4-6 week ‘camps’, make yourself accountable and get a great team on board?

Read the rest of this entry »

If you ask yourself: “How do I earn or create a million dollars?” Your mind goes to work to discover the answer. Your mind is compelled to work ceaselessly until a satisfactory answer is found. Note that most individuals ask themselves questions like every one asks: “How do I get a job, salary or work?” Or “Can I earn $50,000 doing this?” The wrong question will generate the wrong result or a less than outstanding outcome.

Questions pre-determine the answer. The size of your question determines the size of your answer. Few people ever ask million dollar earning, inventing, innovating, generating and creating questions. They are yours to ask.

The difference between earning $100,000 per year and a million dollars per year is one zero. To earn a $100,000 per year a person must
work 250 days @ $400 a day. To earn a million a year the $400 must be increased to $4,000 per day. The difference is one zero.

If your loved ones life depended on it could you do it? The answer : “YES!”

Statistics prove that each millionaire creates ten new jobs and each billionaire creates ten thousand new jobs.

Read the rest of this entry »

If you want to be a coach, if you want to help others live the life of their dreams, then you really should have made significant progress towards your own goals. Secondly, you must learn to have the proper motivation for helping other people. When we love the people we want to help as ourselves, then we are truly ready to coach. But only a few people know how to truly love themselves. And that is a barrier to becoming a great coach.

Read the rest of this entry »

Think about what you can trade off in your everyday life so that you are spending more of your valuable time on what really matters. What unimportant things can you replace with more important activities? Fill in the chart below realistically, replacing those unimportant things with something small and easy that, over a period of time, will make a difference in your life. Create a new, more valuable schedule for your average day—one that invests your time wisely. It doesn’t have to be hard and the changes don’t have to be huge. Don’t make this into a big production or make it so difficult that you can’t do it. Keep it easy.
Read the rest of this entry »

1. Take 100% Responsibility for Your Life – In a society where people blame everything from their parents to the government for failure, those who don’t buy into this mentality or succumb to the “victim” thinking succeed. To blame something or somebody outside yourself is saying they have control of your life and not you. Someone else’s opinion of you doesn’t have to become your reality.
Read the rest of this entry »

1. Poor people donate money – rich people donate time because it is more valuable to them.

2. Rich people don’t use the word maybe – they prefer a straight yes or no.

3. Poor people concentrate on cash flow and earnings while rich people focus on increasing net worth.

4. Rich people experience the same fears and hesitancies as any one but realize procrastination costs money.

5. Poor people worry about making the right decision – rich people analyze the facts and then decide anyway – as often as not using their gut feel.

Being Comfortable with Being Uncomfortable

Are you sitting comfortably? I’ll bet you are. Or if not, you pretty soon will be! Because we humans like our comforts don’t we? We live in nice homes that we fill with cozy furniture and surround ourselves with things and people that we feel at ease with.

This week’s Post is all about being comfortable or, more particularly, your comfort zone, how it limits you and how you can break out of it.

There are two types of comfort – physical, where we want to experience wellbeing, and emotional where we just feel right about or simply accept what we are doing.

In the second type, some people – not us of course – are actually only comfy being miserable, moaning about life or complaining about their health. You know them, don’t you? Even uncomfortable clothing can be comfortable if it gives us an emotional check mark that we are conforming to fashion.

It’s the same with work or business projects: we get settled into a job and a particular way of doing things. We know the people we like to work with and avoid those we don’t.

We stick with it because it becomes our comfort zone – the set of things we are prepared to do without becoming anxious – inhabiting an area where it seems there’s no sense of risk.

And, as I’ve suggested, it doesn’t even have to be nice in there – plenty of people wallow in comfort zones of poverty, inadequacy and misfortune, with no apparent desire to get out.

All these things confirm our way of seeing the world. Read the rest of this entry »