running on passion, or running on empty?

feinberg

‘passion is nice. but passion with positive cash flow is so much nicer.’

by andrea feinberg

hey, new business owner: congratulations on making a huge leap. your choice to risk it all (and i’d say a predictable income, resources and benefits are pretty huge to leave behind) takes enormous courage, persistence, and a plan. and, many would say it takes a strong devotion – some call it ‘passion’ – to the service or product you plan to deliver.

well, i have a suggestion and i hope you’ll take this personally (not a typo: i want you to take it personally because your business will be among the most personal relationships and responsibilities you’ll ever have.)

i’m going to suggest you shift your thinking: don’t start a business; solve a problem. unless your product or service can solve a specific problem (or, secondarily, expand on an opportunity) for a recognizable category of customer, you’ll never make a penny. read more →

the secret to making millennials more efficient

carrick
carrick

five good reasons to let them make their own hours.

by drew carrick

what i am about to say might cause you to break into absolute hysteria.  depending on whom you are,  you will either: share and embrace, or smear and critique. my intention is not to demand a change in the working world, but rather to stimulate a cultural conversation that can change the way we work.

employees should be able to make their own hours.

are you crazy, drew? nobody would ever work then!

well, while that may be your first thought, let me explain my thought process. read more →

let go to get unstuck

trapeze artist about to grab partner's handswhat beliefs no longer serve you?

by bill reeb

if you have identified a desire, created a plan and are working your plan to your satisfaction, you are in what i refer to as the “try (work)-evaluate” loop that continues until you accomplish whatever you want to achieve. as long as you recognize the early warning signals and respond to them in a timely way, you will remain unstuck, continuing to work better and achieve more.

more: get better, work better, right now | stay in the present | how ‘take what’s given’ works in business | learn to work ‘better’ instead of ‘harder’ | be realistic regarding expectations | a clear direction provides you a sanity check
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however, most of us are not that fortunate. we start getting stuck and rather than respond to the early warning signals, we either ignore them, hoping they will go away, or try to power through them.
read more →

get better, work better, right now

businessman looking at calendar on tabletyou have an obligation to yourself. put it on your calendar if that’s what it takes.

by bill reeb

whatever you decide you want to improve or accomplish takes effort. relationships take effort. your job takes effort. having fun takes effort.

more: stay in the present | investing in loss | you might be your biggest obstacle | what to stop may be more important than what to do | stop wishing your life away | don’t let inertia determine your direction | what does ‘getting stuck’ or ‘being stuck’ mean?
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know that whatever is important to you could easily start to wither away if you don’t give it the right amount of attention.
read more →

stay in the present

business meeting of a woman and two menthis goes for both your business and personal lives.

by bill reeb

have you ever caught yourself daydreaming and realized a significant amount of time has passed while you were on autopilot and you can’t remember any details in between?

more: investing in loss | constantly build on the basics | from martial arts to business: 5 steps of evolution | expect and embrace failure anytime you do new work | determining your desires should be an active process | know where you are running to
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in the beginning, when i was driving back and forth between austin and arlington when michaelle was earning her ph.d., i found that there were times when my mind would get immersed in a topic and when i came back to the present, i might have driven between 50 and 100 miles. i couldn’t remember passing through cities. i did make the drive often, so the road was familiar, but what a scary thought that i was driving a death machine at 70 miles an hour on a crowded freeway and had no recollection of my navigation for such a long distance.
read more →