Laws for Guaranteed Success
I hope you find this useful.
These are based on a long life, the school of hard knocks, several career changes, studying others and myself.
Consider them as you would anything else you find an a forum. As possibly good advice but suspect
Test them yourself and prove them one way or another.
I like to think of them as laws, much like the law of gravity always works I have seen these always work as well.
1) The Law of Obviousness - Nothing happens until something happens.
You can only read so long before you have to take action. Nothing is going to suddenly happen in your business unless you put your energy into it. If you have the resources you can pay others to put their energy into it. To make things happen you have to DO something
2) Law of Focus - Focus on one project at a time
For most entrepreneurs ADHD seems to be a common affliction. Nearly every business owner I have coached or mentored wanted to focus on a ton of projects rather than a select few.
Some people have the ability to focus on multiple projects but rarely when you are beginning down the road to creating your business can you do it.
Your time will be consumed by a variety of activities that distract you even on one project. Pick one and work on it. You will be able to learn faster and achieve
I want you to think of it this way. It is a fairly crude example but effective.
Focusing on many projects is like a water hose cleaning a building. It puts out a stream of water and can clean things. By itself though it won't get the job done. You have to put in a lot more effort scrubbing to get it clean.
Focus on a few projects and you have a low powered pressure washer. It can clean the building by itself. It simply takes time to go through it inch by inch.
You can also use laser like focus and use that same stream of water to literally cut metal. If you have never seen it done, it is pretty impressive.
3) Law of Inertia - Physics apply in business as well as the world.
Getting your business moving is the toughest part. There are a lot of ways to make it easier but it still takes effort to get it moving. Once you get it moving, it is easier to keep moving than to start another one.
This is why people that are successful make it look easy. They already are past the stage of overcoming inertia.
4) Law of Skill Adoption
When you first begin any business the skills you need to be really successful seem insurmountable. See the Law of Focus. Pick one and get good at it.
Things will always take you longer when you are beginning. Think of any skill you have. Did you start out being efficient at it? Recognize that fact and plan around it.
Learning something new will take more energy than you expect. The benefits only happen after you become fairly competent at it.
Learn to develop systems to increase your efficiency.
5) Law of Deadlines
If you are having trouble getting things done, set deadlines. You will be amazed at how much more work you get done when you set a deadline for yourself.
One business I work in (tax preparation in the US) has a deadline that is built in. It starts in early January whether you are ready or not. It basically ends April 15th. You have just a few weeks to make your money for the year.
Think that motivates us to be ready every year?
6) Law of Measurement
If you don't measure it you won't improve it. This is easy to apply to the online world. For example if you use article marketing to drive traffic to your site you have a few key measures to keep up with.
Focus on the ones that are easiest to fix and give the biggest benefit. Thus the next law.
7) Law of MIMO
I used this to manage a full time job, new family and a full load in engineering school. It is a simply concept that allows you to quickly choose where to put your energy and time.
MIMO= Minimum input maximum output
Every task has a required input and an expected or projected output. When you have a list that is pages long you wonder where to start.
Take the time to understand where you can get the biggest bang for your buck. It allows you to compare unrelated activities as well.
Now it does take some time to develop a feel for this. It isn't something you can do without experience.
This is probably the toughest to learn. .
8) Law of Finishing
No matter how much effort you put into a project, until you finish it you don't get much benefit from it.
It isn't the ideas you can conceive of that make you money. It is the finished product that creates value. Learn to finish.
9) Law of Leverage
Nearly everything you do can be leveraged. To achieve that maximum output mentioned above, you need to leverage your work.
Find tools that increase your efficiency.
Outsource tasks that require either low skill repetition or precision high skill.
Repurpose everything you do.
Give me the right lever and I can move mountains. Build that lever into your business as you grow.
10) Law of Belief
Your beliefs limit and empower you. Donald Trump believes he will be successful. That belief allows him to pick himself up even when he fails.
What do your beliefs say about you? Changing those internal beliefs is the fastest way to reach success. I realize I listed it at #10 but it may very well be the most important.
Believe in yourself. Be Bold and take action.
If you haven't started yet, why not? Get a free blogger account and start blogging. Learn a skill and sell it on the classifieds.
Guaranteed success is waiting
Your thoughts are greatly appreciated.
These are based on a long life, the school of hard knocks, several career changes, studying others and myself.
Consider them as you would anything else you find an a forum. As possibly good advice but suspect
Test them yourself and prove them one way or another.
I like to think of them as laws, much like the law of gravity always works I have seen these always work as well.
1) The Law of Obviousness - Nothing happens until something happens.
You can only read so long before you have to take action. Nothing is going to suddenly happen in your business unless you put your energy into it. If you have the resources you can pay others to put their energy into it. To make things happen you have to DO something
2) Law of Focus - Focus on one project at a time
For most entrepreneurs ADHD seems to be a common affliction. Nearly every business owner I have coached or mentored wanted to focus on a ton of projects rather than a select few.
Some people have the ability to focus on multiple projects but rarely when you are beginning down the road to creating your business can you do it.
Your time will be consumed by a variety of activities that distract you even on one project. Pick one and work on it. You will be able to learn faster and achieve
I want you to think of it this way. It is a fairly crude example but effective.
Focusing on many projects is like a water hose cleaning a building. It puts out a stream of water and can clean things. By itself though it won't get the job done. You have to put in a lot more effort scrubbing to get it clean.
Focus on a few projects and you have a low powered pressure washer. It can clean the building by itself. It simply takes time to go through it inch by inch.
You can also use laser like focus and use that same stream of water to literally cut metal. If you have never seen it done, it is pretty impressive.
3) Law of Inertia - Physics apply in business as well as the world.
Getting your business moving is the toughest part. There are a lot of ways to make it easier but it still takes effort to get it moving. Once you get it moving, it is easier to keep moving than to start another one.
This is why people that are successful make it look easy. They already are past the stage of overcoming inertia.
4) Law of Skill Adoption
When you first begin any business the skills you need to be really successful seem insurmountable. See the Law of Focus. Pick one and get good at it.
Things will always take you longer when you are beginning. Think of any skill you have. Did you start out being efficient at it? Recognize that fact and plan around it.
Learning something new will take more energy than you expect. The benefits only happen after you become fairly competent at it.
Learn to develop systems to increase your efficiency.
5) Law of Deadlines
If you are having trouble getting things done, set deadlines. You will be amazed at how much more work you get done when you set a deadline for yourself.
One business I work in (tax preparation in the US) has a deadline that is built in. It starts in early January whether you are ready or not. It basically ends April 15th. You have just a few weeks to make your money for the year.
Think that motivates us to be ready every year?
6) Law of Measurement
If you don't measure it you won't improve it. This is easy to apply to the online world. For example if you use article marketing to drive traffic to your site you have a few key measures to keep up with.
- Articles submitted each week
- Traffic generated
- Average Clickthrough rate
- Conversion rate
- Profit
Focus on the ones that are easiest to fix and give the biggest benefit. Thus the next law.
7) Law of MIMO
I used this to manage a full time job, new family and a full load in engineering school. It is a simply concept that allows you to quickly choose where to put your energy and time.
MIMO= Minimum input maximum output
Every task has a required input and an expected or projected output. When you have a list that is pages long you wonder where to start.
Take the time to understand where you can get the biggest bang for your buck. It allows you to compare unrelated activities as well.
Now it does take some time to develop a feel for this. It isn't something you can do without experience.
This is probably the toughest to learn. .
8) Law of Finishing
No matter how much effort you put into a project, until you finish it you don't get much benefit from it.
It isn't the ideas you can conceive of that make you money. It is the finished product that creates value. Learn to finish.
9) Law of Leverage
Nearly everything you do can be leveraged. To achieve that maximum output mentioned above, you need to leverage your work.
Find tools that increase your efficiency.
Outsource tasks that require either low skill repetition or precision high skill.
Repurpose everything you do.
Give me the right lever and I can move mountains. Build that lever into your business as you grow.
10) Law of Belief
Your beliefs limit and empower you. Donald Trump believes he will be successful. That belief allows him to pick himself up even when he fails.
What do your beliefs say about you? Changing those internal beliefs is the fastest way to reach success. I realize I listed it at #10 but it may very well be the most important.
Believe in yourself. Be Bold and take action.
If you haven't started yet, why not? Get a free blogger account and start blogging. Learn a skill and sell it on the classifieds.
Guaranteed success is waiting
Your thoughts are greatly appreciated.
Huzzah!
Karen
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