Tag Archives: business

Managers: Stop Trying to Please Millennials (Only)


  by Justin Tobin @justintobin
A quick scan through the business media on any given day yields a vast number of how-to guides for hiring and maintaining a staff of millennials, as if they were exotic house pets that require special care. These tips usually recommend offering perks like happy hours, flexible working hours and of course, ping pong tables. If only it were that simple. The way we work today is shifting in some dramatic ways. This is driven by a number of factors and millennials are just one of them.Each generation holds certain overarching views about hierarchy, corporate loyalty, necessary skills sets and what a good work ethic looks like. The question for managers shouldn’t be, “how do I deal with these confounding millennials,” but rather “how do I manage the stressors that occur when people of different generations are working under the same roof?” Instead of focusing on the whims of the younger generation, managers need to look at the big picture to smooth tensions and reconcile the views and approaches of both groups.Here are some common differences between millennials and boomers that today’s managers need to recognize and how to balance them against each other to get the best out of your teams.
1. Tenure vs. merit. For boomers and those who came before them, the thinking went, if you were loyal and put in your time, you’d be rewarded by the company. Tenure was what drove increases in compensation and title promotions. Millennials have had to deal with a very different employment landscape, one affected by a sharp rise in temporary and freelance staffing that doesn’t encourage, or even allow, workers to settle in for the long haul. Because of this, millennials believe that merit, not tenure should drive respect and upward mobility for workers. In their eyes, varied expertise, education, personal projects and career wins should count for more than the dates they signed their contracts. Managers should be open to taking into account the valuable experience and skill-sets one can build from working in varied industries, without dismissing the institutional knowledge and focus that comes with spending years and years at the same company.
2. The importance of hard skills.Older generations saw the education to work pipeline as relatively straight. You went to school to gain a certain set of skills that you would then hone over the course of your career. In time, this highly developed set of technical abilities or industry expertise would be your most important asset. For millennials, the view is a bit more complicated. They value intangibles such as emotional intelligence, leadership qualities, communication skills and the ability to adapt quickly to new processes and technologies just as highly, if not more, than hard skills. Perhaps this is a result of growing up in a quickly changing environment that has a tendency to render some skills obsolete as fast as you can master them, or a byproduct of the way social media has trained the younger generation to think about self-presentation. The fact of the matter is they’re both right. Mastery of hard skills is only becoming more valuable as technology advances and more jobs become automated. Meanwhile, interpersonal skills and the ability to see the big picture in real time are crucial in an increasingly complex business environment. A strong, well-balanced team takes the best components of each view.
3. The definition of stability.An increasing number of businesses are waking up to the fact that it’s often cheaper to hire freelancers or talent from the new breed of skilled “flex workers” we see emerging — designers, coders, writers, etc. that companies can hire on an as-needed basis — than hiring full-time staffers. This creates some friction between boomers who see full-time jobs with benefits as “normal” and preferable, and millennials who value the dynamism and increased knowledge that can come from working at a variety of companies on a short-term basis. It’s not that millennials don’t value stability; they view stability as gaining a diversified set of experiences and skills. They want to be able to rely on a paycheck just like everyone else, but many don’t see full-time jobs with benefits as the best approach to achieving their career goals. This generational disparity is something recruiters need to keep in mind as they seek to attract talent and balance staffing needs between freelance and full-time.In reality, millennials want the same things most workers want, including their older colleagues — to grow in their careers, to balance their work and personal lives, to make a decent wage, to work in a positive office environment. The difference is their multi-tasking, diversification approach to achieving them. So, don’t make changes to your business simply to appeal to millennials; make them to balance the ideals and work styles of all of your talent to optimize the common ground.

Oh no you did’nt


 Oh no you did’nt!!
by Javis “Jay” Brunson @JavisJay
 Before you respond to life’s events and tell your vendor, business partner, boss, co-workers, buddy or spouse to go play in the middle of rush hour traffic or call them everything but a child of God, take time to think clearly and calmly about what you are doing.  Before you respond to the situations remember who you are and the direction you want to be moving.                                                   A frantic, emotional reaction made in haste can often push you back even more than the event to which you are reacting. Certainly, it is sensible to respond promptly to whatever life sends your way. Yet that does not mean that you must respond thoughtlessly and carelessly. Before you do something that might take years to overcome, take a moment to thoughtfully consider your response.  Remember, all experiences are an opportunity for growth. Have a GREAT day and continue doing what you LOVE to do!

Lessons

I left my phone at the karate school so I went on a phone diet. I had to use an old clock from my son to set the alarm for the morning. I had a good night sleep and I woke up at six am but went back to sleep. God shows me something he needed me to understand. When I lost the business which was supposed to help pay the personal and business bills, my friend from the job at the hospital who I thought cared about me told me that her brother needed help at the family business. her brother knew that I was making money with my blogs which mean I have a large follower on social media. I understood that he wanted to use my network to build his business which he inherited from his father and mother. I learned the business and most of the times he had me write checks for a large sum of money to pay another company. I am familiar with handling a large amount of money. I did some of the quickbook for the business also but he needed someone to run the business full-time while he goes in the field. His mother came to the factory every day and she brought him foods. They had a big room for the employees to meet and for him to meet with other business people. I watched how his mother took care of him and she brought a large plate of foods from the restaurant that her daughter owned with her husband. The foods tasted so good and I was able to take some foods home, however, the pay was not good enough. As a single mother with two children, I need to make at least three thousand dollars.

Adopt The 10x Mindset

By Thomas Oppong

There are no absolutes in life. And there are no givens. Everything is up for grabs. Most people dream of accomplishing something extraordinary in life. But life slips by and their most meaningful dreams slide silently to the side while they’re getting everything else done.

Grant Cardone says, “Never reduce a target. Instead, increase actions. When you start rethinking your targets, making up excuses, and letting yourself off the hook, you are giving up on your dreams!”

Operating at an exponentially higher level is exactly what you need to do better and be successful in your endeavors. But everything starts with a decision to aim higher than usual. Only those with the right mindset, attitude and skill can take advantage of the enormous human potential.

You can’t achieve extraordinary results with an ordinary mindset

“The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”― Michelangelo Buonarroti

Many people are far below their expectations because they have big dreams, incredible ideas, and fantastic goals but put in little or no ACTION.

As you build on your accomplishments and your confidence grows, you will naturally want to aim higher. Now that you’ve got some momentum going, it’s time to double your effort.

Extreme success in your own terms can only be achieved by taking massive action with the 10X rule, a concept made popular by Grant Cardone.

The 10X rule is based on the idea you should figure out what you want to do, goals you want to achieve, and multiply the effort and time you think it’ll take to do by 10.

In his book, 10x Rule, The Only Difference Between Success and FailureGrant provides an awesome blueprint for how you can rise above the status quo to take “massive action” instead of behaving like everybody else and settling for average results.

“The greatest turning point of my life, both professionally and personally, was when I stopped casually waiting for success and instead started to approach it as a duty, obligation and responsibility,” says Cardone.

We have a tendency to underestimate what we can accomplish, and therefore set lower goals and not reach our full potential.

When you apply the 10x rule and mindset to your thinking, and apply it to how you act, you can do more in the shortest possible time. And you will still have time to take care of a lot of other things on your to-do list.

Stay hungry!

The idea of a 10x advantage is to aim ten times higher when you set your goals in business and life. You are probably not thinking big enough about your life’s work, projects, and what you want to achieve in your career.

A 10x mindset or goal means that if you come up short, you’ll still find yourself further along than if you had maintained your life’s current goals, visions and everything else you have planned to achieve.

Christopher Reeve once said, “So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable.”

And it also means that you open yourself up to bigger possibilities for the future that make it increasingly easier to make decisions and take action in the present. You can move and work your goals 10 times faster while being consistent and persistent.

But don’t underestimate how much energy and effort it will take to push things through though. Things could take longer to complete or cost more. Plan for these things you plan to focus on ahcieving more using the 10x rule.

Thinkers and dreamers are the new untouchables

“Between the great things we cannot do and the small things we will not do, the danger is that we shall do nothing.” — Adolph Monod

We’ve been conditioned to think small, simplify and to expect less and demand less from life. Don’t be subject to the tyranny of “how things have always been done”. Find your true north and push past the default.

For centuries we’ve been trained by the system to stop thinking and do as we are told. But dreamers and thinkers change the world. They don’t follow any logic. It’s hard to replace the dreamers with algorithms.

Can you build something people will look for, will talk about or something we would miss if it were gone. Think about your capacity to think creatively and exponentially. And your your capacity to provide value to others. Start seeing things from a wider and far reaching perspective.

You should start thinking big without reservations. Practice thinking about your future being 10x bigger and better, and you’ll develop a new 10x standard for viewing the world.

You can only contribute more, learn more, become more and stretch yourself and your own abilities beyond their current psychological limitations if you give yourself permission to think beyond the obvious.

Turn mindset into action

The right intentions will only get you so far. You also must act. A 10x mindset radically shifts your thinking, your decision-making, and the actions you take.

Start identifying actions that are blocking your progress toward 10x growth and get rid of them. Focus on doing even better at those things you’re already good at and stop worrying about everything you struggle with.

Tackle every project with the 10X Rule, acting like you have to succeed because your life depends on it.

Before you go…

If you enjoyed this post, you will love Postanly Weekly (my free digest of the best productivity, career and self-improvement posts). Subscribe and get a free copy of my new eBook, “The Power of One Percent Better: Small Gains, Maximum Results”. Join 23,300+ readers.

What’s the cheapest business to start?

By Erik Tozier

I was grabbing a coffee with a friend the other day and in the coffee shop, we got into a conversation with a gentleman who started telling us about his food truck. He was going on about how they originally took a $50k loan to get the business going, and how he was spending 16 hours a day on the business. I was supportive and respectful, but not how I look to go about my businesses. 16 hours a day at the beginning, maybe 1 hour a day once it’s launched.

Brick and mortar businesses are going out of style. Brick and mortar businesses are expensive as well ($50k for a food truck with no guarantee of success!!) If you want to make it big, you have to leverage your network and the reach of the internet.

I’ll give you a few business ideas that cost less than $200 to start. Most are built around creating content and building an audience. Content creation is a great way to start a business. Essentially, build an audience, then monetize. I will also list a few others.

  • Blog (less than $50 for domain name and 12 months of hosting fees)
    • Start writing unique content on a specific niche and you will build an audience. Over time, you can add ads, affiliate links, products, coaching courses, etc. to your blog. Since you already have an audience, they will be open to buying.
  • Social Media Sites: Twitter, Instagram, YouTube, Facebook (free)
    • Why not utilize a platform that already has millions of users? You can create an account on any of these platforms and start building a business this way.
    • I watch a lot of YouTube videos and it’s crazy how people can make a living off creating videos.
    • One downside of these platforms is if they change their algorithm or pay-out structure, then you may lose out on views, ad revenue, etc.
  • Consulting or Coaching (Free, but will take time to build a client book and reputation)
    • Are you an expert in a certain field? You can contract for and consult clients for a solid hourly wage. It’s a fun job and if you can communicate well, it would be a solid role for you.
  • Digital Product Creation (think e-book or how-to-guide, Free)
    • Creating a e-book on an area you are passionate about and sell it for a few bucks. The only time you spend is upfront, after that, it’s passive income.

It’s a great strategy these days to leverage the internet’s wide reach. There is so much money in the world right now… we just need to go and get it.

5 Ways to Keep Your Business Financially Sustainable

By Mark Thomasson

The rule of thumb for every business is that they should never run out of cash. Therefore, all the business transactions you make need to have a clear purpose and a tangible financial backup.

Thinkstockphotos 476777720 690x460

Due to the dynamic nature of contemporary business, keeping your finances in order is more of a rocky road than a bed of roses. To help business owners run their ventures as successfully as possible, we’ve prepared a set of crucial prerequisites to not only stay afloat but thrive in the marketplace.

1. Bring an Austerity Policy

From one point of view, it’s better for an inexperienced entrepreneur not to succeed to fast. If you have to struggle to make ends meet for some time, you’ll learn to appreciate both your work and your earnings. However, if you’re (un)lucky – depending on the perspective –to achieve your goals quickly, bring these clear austerity measures to keep your budget under control:

  • Allow for only essential purchases. Nothing but essential business items should be bought.
  • Limit recruitment and payroll. Avoid long-term employment contracts. Go for outsourcing and freelancers instead.
  • Benefit from business plan software. Use software tools to make detailed business plans.
  • Reduce overheads. Encourage employees to work from home and rent a smaller office space.

When your budget is reserved only for necessary business transactions, you’ll always have enough assets for your operations.

2. Open Separate Accounts

Using the business budget for personal expenditure is the biggest temptation new business owners face.

Some entrepreneurs make this mistake due to a lack of experience. However, others simply relax and start spending their business assets for private purposes. If you adopt such a lifestyle, you’ll have a wide range of problems. Your business will be in the red and it will take a lot of time to put it back in the black again.

To avoid such a misfortunate outcome, you need to have two separate accounts. One of them should be registered on your company and used solely for business transactions. On the other hand, your personal account will serve your private purposes. As for the amount of money you will take from your company monthly as a salary, study several different options to find the best one for your business’ long-term financial health.

3. Track Your Payments

… Continue reading

5 THINGS GREAT PRODUCT MANAGERS DO EVERY DAY

By

My favorite product managers are quietly powerful. Every day they take small steps that move their teams and business forward in a meaningful way. But they do it without a lot of hoopla, taking a confident yet unassuming approach.

After all, product managers have a lot on their plate every day. They are responsible for the strategy, roadmap, and feature definition for their product. It is a big responsibility that requires facilitating and collaborating with many different teams — both internal and external — without the formal authority to manage those teams. It requires a unique mix of humility and strength.

However, that quiet power does not mean leading product is easy. I realized early on that the daily life of a product manager is unpredictable, hectic, and sometimes very tough.

In the late 1990s, my first product management job was helping to roll out high-speed internet nationwide when it became a viable (and highly desired) alternative to dial-up services. We went from providing 300 lines monthly to more than 3,000 — all in a window of about 60 days. I quickly learned how to balance staying on a strategic course and managing the endless minutiae that was required to get each customer up and running.

I had always been a leader, so handling the stress and responsibility was natural for me — but I had a lot to learn about focusing my efforts on what mattered most. I soon realized that with great accountability comes great autonomy. It was up to me to prioritize what needed to get done and when.

This is great news for ambitious product managers: You have more control than you might think, no matter how hectic each day feels.

Here are five things great product managers do. Used consistently, these actions can help you prioritize your work every day and thrive.

1. Align actions to goals

To succeed as a product manager it is essential to take a goal-first approach. Prioritize what must get done that day and assess and align new work against your goals. Swiftly break through the endless tasks and chatter by evaluating each request or demand through the lens of your goals. This does not mean you should shut down disruptions as “noise” to be silenced. Embrace the interruptions that align with your goals — one may be the missing idea that makes your product wildly successful in market.

2. Connect the dots

Understand how your product serves your business — the big picture of why you are building it. This may seem obvious, but without that connection, product managers are often led astray by differing opinions, demands from internal teams, and conflicting customer feedback. Identify why your product matters to your business and to customers so you can navigate with a steady mind.

3. Solve one simple problem

You may be tempted to solve every problem for your customers. But you cannot be all things to all people. You will spread yourself too thin and lose that firm direction. Instead, focus on solving one problem at a time. I like to say, “Focus on one problem, and solve the second for free.” Tackle one problem well and new opportunities will emerge.

4. Learn from others

Invest the time and effort to learn about your product team’s core work so you can set realistic deadlines. This is especially important for teams that share resources. Ask questions and get to know the full scope of their experience and tasks. It is also important to admit what you do not know. Rely on the expertise of your extended product team to help you deliver on the promise of your product.

5. Say “no” with confidence

Not every idea will be meaningful. And, in fact, most will be lousy. Great product managers understand that saying “no” is not a one-word answer. This is your chance to explain why the idea does not make sense within your strategic direction. Do not hide from these conversations or be dismissive. Take each “no” as an opportunity to recommit to your goals — and to re-evaluate whether your aim is true.

I know this advice to be effective — but hard to follow. So be kind to yourself when you feel cornered or stuck. Stick out your chest and remember that you have more control than you think and a team at your side.

You too can achieve the quiet power that separates good product managers from great ones. Never lose sight of your goals and embrace each day with humility and strength. Now go get busy.

Discover your own power as a product manager.

10%Better To Win

Influencive

 


Be 10 Percent Better to Win

By Betty Liu @BettyWLiu

 

You’ve read about being 10 percent happier, but what about being 10 percent better?

One entrepreneur, the highly successful and driven Kevin Ryan, founder of Business Insider, Gilt Groupe, MongoDB, and many others, says in order to succeed, you only need to be 10 percent better.

If you doubt his opinion, Ryan told me you need to look no further than Google.

In the latest episode of our Radiate podcast, Ryan notes: “I think one of the mistakes that people make [is] they think their idea is not groundbreaking. And by the way, most ideas are not groundbreaking. Google was a terrible idea when you think about it. It was just a search engine; there already were seven. Theirs was a little bit better. That’s it.

“They had the idea, and the way of doing the search engine was a better way of doing it. And so the results probably 10 percent of the time were fundamentally better. Ninety percent didn’t change, but 10 percent was [better]. And that was enough.”

Hearing this is a relief. You mean I don’t need to build a whole new type of rocket like Elon Musk to become a billionaire? Or invent a whole new electronic device like Steve Jobs?

The more I thought about what Kevin said, the more I realized how absolutely right he was. Most of us think we need to create the next big thing to succeed, and we become frustrated when every single idea seems so inadequate. When I first had my twin boys, my sister and I–ever the budding sister entrepreneurs–thought of a baby gifting business, since both of us were awash in baby drool and diapers all day long.

But when we scanned the internet, there were already dozens of gifting sites just like ours. And they were pretty damn good. Motivation sapped, we hung up the idea after a few sketches and late-night brainstorming sessions. Besides, did we really think we were the only ones with this great idea?

When I think back on it, we were just too inexperienced to understand that precisely because there were so many companies with the same idea out there, ours was actually a good one. And in fact, thinking about it some more, many of the smashing success stories you read about are companies that simply improved on what others were doing:

  • Facebook: Remember Friendster or MySpace? Mark Z just made social networks better.
  • Microsoft: There were half a dozen operating systems already from IBM, Atari, and others. Bill Gates just made his better.
  • Starbucks: Coffee shops were everywhere (that’s why venture capitalist Alan Patricof declined to invest. Oops). Howard Schultz made his spot a little more comfy.
  • Apple: BlackBerry was already making a pretty good phone. Steve Jobs made his iPhone better.

Now that I’m starting a company of my own for real–no diaper ideas this time–I’m taking Kevin’s observation to heart. How do we make our site and network for professionals 10 percent better than what’s already out there? If people are already going to other sites for help with their careers, what can we do that’s different?

That’s exactly what our small team is focused on right now. However, trying to figure that out is not 10 percent harder, it’s 100 percent harder. It seems like an unfair mathematical equation–put in 100 percent of the effort for a 10 percent improvement, but when you’re trying to be the Kevin’s of this world, that’s the kind of math that adds up.

Is There a Shortcut to Success

“One of the greatest values of mentors is the ability to see ahead what others cannot see and to help them navigate a course to their destination.” –John C. Maxwell

And that means learning from someone who’s already been there.

You need a guide
For years as a writer, I struggled to get noticed. I blogged and nobody cared, tried to write books no one would read, and failed to motivate myself to work. I wanted a publisher but didn’t know anyone in the industry and didn’t have any readers to show for my work. I was stuck.

What I needed was someone to show me another path. It didn’t have to be a shortcut. I was just tired of the long road to success — because it was leading nowhere — desperately wanted to know what was missing.

In any great story, there is a point in the journey when the hero meets an obstacle he cannot overcome. This is the moment when the guide arrives. This is the essence of Joseph Campbell’s Hero’s Journey: you cannot succeed without someone wiser to show you the way. Frodo needed Gandalf. Luke needed Obi-wan. And you and I need a mentor.

Sure enough, in my own journey, that’s what happened. I met a handful of people who acted as guides in helping me become an author, speaker, and entrepreneur. My dream became a reality within a matter of 18 months. But this wasn’t because I hustled — it’s because I found a guide.

And you know what? I didn’t work any harder in those 18 months than I did in the previous seven years. But I did work smarter — not because I was any smarter, but because someone showed me a better way. I met the right people, connected with the right networks, and practiced my craft in the right way. In other words, I found a shortcut.

But maybe you don’t like thinking of success this way. I certainly don’t. It’s embarrassing to admit I got a little lucky, that I was in the right place at the right time, that it wasn’t just about the hustle. But that’s the truth. And I think we need to acknowledge this reality.

How to find a mentor
How do you find a guide, or in today’s terms, a mentor? It’s not as easy as we’d like. First of all, mentors tend to be busy people. So getting in front of one will take work. People move around so much these days, and so many things, including our careers, are constantly changing. It stands to reason, then, that your mentor will not just be one person, but a team of people.

In my book, The Art of Work, I call this an “accidental apprenticeship.” The idea here is that if you pay attention to your life and the people who are in it, you will find there are those around you right now whom you can learn from. In that sense, the best mentor is the one that’s right in front of you.

Still, you’ll want to be intentional about getting into a relationship with this person. So there are a few steps I recommend following that have worked well for me and that I’ve seen others emulate, as well:

Make your first ask a small one. In other words, don’t lead with, “Will you mentor me?” Instead, ask for a few minutes of their time, offer to buy them lunch/coffee/whatever.

Make it all about them. Ask them to tell their story. Ask specific questions about choices they made in their own success journey and why. In other words, flatter them to death. Nobody is immune to this kind of treatment, and it certainly beats the awkward alternative. Come prepared with questions, and try to talk as little as possible. If you show up informed and interested, you will be both engaging and memorable.

Take notes. When you meet with this person, write down everything they say. Honor their wisdom by capturing as much of it as possible. I recommend using a notebook and pen over a phone, just so that it’s clear you’re not checking your email or texting your buddies.

Follow up. This is perhaps the most important and most often overlooked secret to getting into relationship with influencers who can eventually become part of your team of mentors.

I meet with a lot of people and even tell them how important this is and still see on average about 80% of people never follow up. What I mean by this is a simple thank-you email for the person’s time, or even better: a copy of the notes you took to show that you really did listen and take to heart their wisdom.

Become a case study. Hands down, this is the best thing you can do to earn the attention of an influencer. And if you do this consistently over time, you will get people interested in mentoring you.

Take some piece of advice this person has given you (or published in a book, blog post, etc.) and apply it. Demonstrate that this stuff works and tell the world about it. The reason this works is fairly obvious: you’re making the mentor look good.

Again, this goes back to making it about them. Don’t offer empty flattery; just show that you’re someone worth investing in. Do this enough times, and people will be lining up to give you their time, attention, and ideas. Because the truth is nearly everyone wants to help someone who is going places, so they can feel responsible for that person’s success.

Is this really how it works?

I realize this may come off as manipulative or even sound a little unsavory. So allow me to address a few potential objections:

Objection #1: Don’t influencers just want to help people out of the kindness of their hearts?

Well, maybe. But they’re busy. And so when push comes to shove, they’re going to invest in people with promise, not takers who seem to make everything about themselves. Your best bet is to be remembered as the ambitious person with lots of questions who was eager to learn, not the know-it-all who was more interested in herself than the person with experience.

Objection #2: Are mentors so egotistical that the whole thing has to be about them?

No, they’re probably not all ego. But we all love to feel important and valued once in a while. And when seeking someone’s help or advice, appeal to this side of them, not their more noble generous side. As you earn their trust, you will see more of this side. But in the beginning, assume they are only interested in helping themselves. And make it worth their while. I’m sure many influencers are very kind and generous people. But it’s better to lead with humility than arrogance.

Objection #3: Do I have to be so strategic? Can a relationship be an end in itself, and not a means to get something out of people?

Of course, a relationship can be an end in itself. But the truth is most of us, whether we admit it or not, want something out of a relationship. And that something could just be love or acceptance or maybe even guidance. Just because you want something from someone doesn’t necessarily cheapen how you approach them.

And in that regard, yes, I do think you have to be strategic. Many of us are extremely busy. So if you don’t make intentional space for people to guide you, then you will likely drift through life, disappointed and disillusioned as you watch others succeed in things you wish you could achieve.

My advice? Don’t be so strategic it stifles the relationship. But be intentional with your time and focus it on those who will give you a return on your investment. I guarantee you this is how your would-be mentors are thinking.

Avoid the scarcity mindset
My friend Mary told me when she was first starting out as a writer, she asked an author out to lunch. “How do you get published?” she asked. The person wouldn’t tell her. She said those were her secrets and that Mary would have to find out for herself.

That day, Mary vowed that if she ever made it as a writer, she’d share everything she learned with other aspiring authors. A few years later, I called her asking for advice, and she made good on her promise.

Shawn Coyne, long-time New York editor, told me a similar story. Back in the day, nobody in publishing shared anything. There were no guidebooks on how to be an editor. He had to figure it out all on his own. Once he did, instead of hoarding his knowledge, he decided to share it in a book, blog, and podcast. And this refusal to succumb to the scarcity mindset changed everything.

When we let go of our perceived scarcity and embrace our actual abundance, it changes so many things:

Scarcity kills our creativity. Abundance expands it.

Scarcity makes us afraid. Abundance makes us brave.

Scarcity pushes people away. Abundance attracts.

It can feel a little risky to embrace this mindset, this idea that there are guides out there who will help you and opportunities for success yet to be uncovered. But it is a much better way to live than to assume the alternative: that everyone is out to get you and there is no way you’ll succeed.

And once you do experience this abundance, you will have an opportunity to help others, which is one of the greatest rewards of success. This is why I feel so responsible for helping other writers make their own journey towards getting published.

Of course, I tell them it will take hard work. But I also teach them the rules of the game and how to improve their chances of success. You can’t just work harder. You have to work smarter. Stop trying to manage your time, as my friend Rory Vaden says, and instead learn how to multiply it. Finding the right guides to help you is an integral part of that process.

The three shortcuts to success
So how does this work? Well, keep in mind that I teach this stuff to hundreds of students at a time over the course of a couple of months, but the following are the main highlights:

Shortcut #1: You can get to where you want faster if you follow in someone else’s footsteps.

Find a guide or mentor you can learn from and emulate, even from afar. This is the difference between those who continuously struggle and those who find a faster way to succeed. Humble yourself and trust that there are those out there who want to help you.

Shortcut #2: Invest in opportunities that grow your capacity.

In other words, don’t waste years trying to figure things out. Instead, sacrifice time and money to accelerate your learning. That might mean taking a course, hiring a coach, or working for free for a certain period of time in exchange for experience.

Shortcut #3: Change your location. When opportunity is sparse, move.

That might mean moving across town to a co-working space where more people are connecting in person. It might mean ponying up to go to that industry conference where all your peers will be. Or it might even mean relocating to a place where there are more people doing what you want to do.

The point is geography matters. And chances are there’s an opportunity closer than you realize. You just might have to move towards it before it will come closer to you.

Do these things, and you will see your luck increase. I promise. You can’t just sit around and wait for things to happen — for those mentors to come find you or for opportunities to fall in your lap.

Luck, of course does happen on occasion, but it’s better to look for luck than wait for it. Because luck is often hiding in the hard-to-reach places that most people are too timid to approach.

Who knows? Maybe as you scan the horizon for the right opportunities, you just might see a shortcut.

About the Author: Jeff Goins writes books and helps writers get their work out into the world. He’s the bestselling author of four books, including The Art of Work. Jeff also authors a weekly newsletter with free tips on writing and creativity.

Why Rich People Hate Trump


From Bill Bonner, chairman, Bonner & Partners: It’s back to Europe. Back to school. Back to work.

Let’s begin by bringing new readers into the discussion… and by reminding old readers (and ourselves) where we stand.

Small and Lonely Group

As a Diary reader, you join a small and lonely group.

But we know something others don’t.

We—and apparently only we—understand the real cause of our economic malaise.
What malaise, you ask?

Well… how could the richest, most technologically advanced, and most scientifically sophisticated economy stop dead in its tracks?

The rate of economic growth has gone steadily downhill for the last 30 years. By some measures, after accounting for the effects of inflation, we’re back to levels not seen since before the Industrial Revolution.

And how could such a modern, 21st-century economy make the average person poorer?

When you measure actual inflation, rather than the government’s crooked numbers, the median U.S. household income is 20% lower today than when the century began.

And why would our modern economy concentrate wealth in the hands of so few, so that only the richest 1% make any real progress?

You may also ask a question with an obvious answer: Why are the richest and most powerful people in the country overwhelmingly supporting Ms. Clinton in the presidential race?

You find the answer to all these questions the same way: Follow the money.

Record Haul

Ms. Clinton is raising record amounts of money—$80 million in a single month.

Big corporations, banks, military contractors, rich people—all are pitching in to make sure Hillary is our next president.

Why?

Because she promises to protect the status quo.

That, of course, is what government always does. A free economy is a precarious place for wealth. It is despised by nearly everyone—especially the rich.

In a truly free market, the process of “creative destruction” can’t be controlled. New wealth is born. Old wealth dies.

Naturally, people with wealth and power try to use government to get more wealth and power… and to stop the creative-destructive process. They want to protect what they’ve got already. That’s why the real role of government is to look into the future and keep it from happening.

Hillary stands like King Canute, promising to stop the tides of economic history.

What’s this got to do with money?

Let’s ask another question instead: What is the source of Ms. Clinton’s campaign pile? Whence cometh all this lucre?

“It comes from rich people,” you will say.

But where did the rich get so much money?

Ah… that’s where it gets interesting.

We remind you of the context: So far this century, only the rich have gotten wealthier. Naturally, they are keen to see the system that gave them—and them alone—such great wealth continue.

Old Money, New Money

The key to understanding it all is the money system itself.

The money you spend today is the money that President Nixon inaugurated on August 15, 1971.

That’s when he reneged on America’s promise to convert foreign creditors’ dollars to gold at a fixed price of $35 per ounce… and broke the last link between the dollar and gold.

Nixon’s new money looked, for all the world, like the old money. It seemed to work just like the dollar always did. And the most distinguished economist of the era—Milton Friedman—advised Nixon to put it in place.
Subtle… slippery—the difference between the old dollar and the new one went unnoticed for 40 years.

Old dollar? New dollar? Who cared?

Even now, most of the world has no idea what happened. But we, dear reader, are beginning to connect the dots.

Here’s the basic difference: The old gold-backed dollar represented wealth that had already been created. You got more dollars as you created more wealth.

Money was real wealth.

But this old money was hard for the authorities to control. They said it was uncooperative. Intransient. And stubborn. They wanted a new kind of money… and a dollar they could manipulate (to make a better economy, of course).

So, the new dollar was created. And this new dollar was not based on wealth, but on debt.

It was not backed by gold. And it was not connected to the real wealth of the economy.
Instead, it was brought into being by the banking system—as a credit. It increased as people borrowed and went further into debt, not as they grew wealthier.

The more they borrowed, the more they could buy. This gave the economy the appearance of growth and prosperity. It allowed millions of Americans to increase their standard of living, even as their salaries stalled.

But every purchase put people further into debt…

Between 1964 and 2007, credit expanded 50 times.

And in 2008, the credit bubble burst.

More to come…

Reeves’ Note: The big corporations, banks, military contractors, and rich people backing Hillary Clinton are just apparatchiks of what Bill calls the Deep State… a nebulous group of elites who have infiltrated the far reaches of the American government.

Bill exposes this unelected group of insiders, and offers a “prep guide” to protect your wealth and privacy from its intrusion… in this urgent warning.