Motivation

The Entrepreneurs Club

The Entrepreneurs Club

If the banks don’t want to know, approach Venture Capitalists, but never give up” -V. Karri

The Entrepreneurs Club – Episode 1 part 2

This is the second part of my interview with Vijaya Karri. In the first part, Mrs Karri took us back to when she started out in business and the difficulties she faced as a person of colour. In this 2nd instalment I asked questions about funding for aspiring business owners, government support (or the lack of it) and many more questions of interest. Her expensive knowledge of business is quite clear in this video and you can tell her success is by no fluke by any means..

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Your Checklist for 2016.

“Throw yourself away like a stone and hide. Resurface only when you have become successful”- A.L Tom Jones {May 1931 – Dec 2007}

I have never been a big fan of the words: New Year Resolutions. You know why? Because it adds that extra pressure to keep to them; which eventually means you don’t. New year resolutions averagely lasts for 2 weeks … at least in my own case.

What I prefer is a New year checklist, a strategy that could help me navigate the coming year and keep me on my toes. For me, creating a checklist is easy; I simply draw on all the positives AND negatives of the year coming to a close and try my damnedest to improve on both. Easy!

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#2 Do not let other people tell you it can’t be done.

It can be done and if you do it and fail, do it again. This is one of the greatest advice I ever got.

As creatures of habit, entrepreneurs in general want to share their ideas with other people. It could be family, friends or just the dude sat next to you in the bus (well maybe not him). It’s in the core of our nature to inform the world about the brilliant idea that just sprung to mind.

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Toxic doubts? I get it, being an entrepreneur is hard. It’s hard to always stay positive.

It’s not all crunchy granola, ooey gooey feel good stuff. How you talk to yourself has been proven in studies to affect your mindset and, subsequently, real world results. Consistent negative self-talk, especially if it centers on your business planning, entrepreneurial ventures and the like can turn a potentially successful venture into a failure — sometimes before you have even given yourself a chance.

This doesn’t mean you have to start making vision boards or saying affirmations to the mirror each morning (though it may not hurt). It does mean entrepreneurs in the making should consciously nix self-talk and replace it with something actually useful.

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 When the world’s richest man offers career advice, it’s smart to listen in order to be successful

If you’re looking for a role model of lifelong success, you can’t do much better than Bill Gates. Microsoft, the company he founded, created a whole industry. At a net worth of nearly $80 billion, he’s the richest man in the world. His philanthropic activities reach far and wide and have actually made the world a better place. Oh, and he also achieved his dream, which was a personal computer on every desk.

What led to Gates’s success? He certainly was in the right place at the right time with the right concept for a product. But over the years, he himself has pointed to some of the attitudes he believes lead to continued success. They’re a good guide for anyone, in any field. The personal finance site GOBankingRates has compiled some of them within a piece about how Gates thinks you should spend your money.

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Kung Fu Practice in the workplace?

Below is another post from my friend Princess wealth. Here she advices leaders and managers to utilise a martial arts (particularly Kung fu) practice of patience, energy and time when dealing with employees. I find this particular post interesting because it adds another dimension to leadership. Enjoy!

I have come to discover that most managers and leaders subconsciously use a macho warfare method of leadership and it is indeed very ineffective in the long run; because by being impulsive and unfair to employees you sell a negative image of yourself and organisation to your staff and these employees subconsciously sell the same image of you and your company to prospective clients and customers. Read Full Article

Here are 58 powerful quotes that have kept me focused and moving forward as an entrepreneur since 2001.

 

“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” — Michaelangelo

“The biggest challenge you have is to challenge your own self-doubt and your laziness. It is your self-doubt and your laziness that define and limit who you are. If you want to change what you are you must take on your self-doubt and your laziness” — Robert Kiyosaki

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The human mind is truly incredible, and we should all strive towards creating a tenacious memory we can rely on. Many lucrative professions or hobbies require such a trait—actors, musicians, artists and entertainers in general do countless drills, just so the required information can be embedded in the memory with certainty. Clearly numerous doors that lead to a successful future are unlocked if one has a great memory. Although beneficial, it is not an essential ingredient within the success formula—what you lack in memory can always be compensated with diligence.

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Successful people always work towards it.

Successful – Image credit: Olu Eletu

THE BIG BANG!!!

The good book says” study to show yourself approved”. And I say no knowledge is a waste, read, read and read more, for the solution to your problem might just be, one book away from you! Here is an excerpt from one of Brain Tracy’s book, titled “No Excuse” You can be as successful as others in your society, you just need to believe it and trust that you can.

Why are some people more successful than others? Why do some people make more money, live happier lives, and accomplish much more in the same number of years than the great majority? What is the real “secret of success?” Often I begin a seminar with a little exercise. I ask the audience, “How many people here would like to double their income?” Almost everyone smiles and raises their hands. I then ask, “How many people here would like to lose weight? Get out of debt? Achieve financial independence?”

Again, everyone smiles, some people cheer, and they all raise their hands. Then I say, “Wonderful! These are great goals that everyone has. We all want to make more money, spend more time with our families, be fit and trim, and achieve financial independence. Not only do we all want the same things, but we all know what we have to do to achieve them. And we all intend to do those things, sometimes. But before we get started, we decide that we need to take a little vacation to a wonderful fantasy place called ‘Someday Isle.’ “We say that ‘Someday I’ll read that book. Someday I’ll start that exercise program. Someday I’ll upgrade my skills and earn more money. Someday I’ll get my finances under control and get out of debt.

Someday I’ll do all those things that I know I need to do to achieve all my goals. Someday.’” Probably 80 percent of the population lives on Someday Isle most of the time. They think and dream and fantasize about all the things they are going to do “someday.” And who are they surrounded by on Someday Isle? Other people on Someday Isle! And what is the chief topic of conversation on Someday Isle? Excuses! They all sit around and swap excuses for being on the island. “Why are you here?” they ask each other. Not surprising, their excuses are largely the same: “I didn’t have a happy childhood,” “I didn’t get a good education,” “I don’t have any money,” “My boss is really critical,” “My marriage is no good,” “No one appreciates me,” or “The economy is terrible.” They have come down with the disease of “excusitis,” which is invariable fatal to success.

They all have good intentions, but as everyone knows, “The road to hell is paved with good intentions. The first rule of success is simple: Vote yourself off the island! No more excuses! Do it or don’t do it—but don’t make excuses. Stop using your incredible brain to think up elaborate rationalizations and justifications for not taking action. Do something. Do anything. Get on with it! Repeat to yourself: “If it’s to be, it’s up to me!” Losers make excuses; winners make progress. Now, how can you tell if your favorite excuse is valid or not? It’s simple. Look around and ask, “Is there anyone else who has my same excuse who is successful anyway?” When you ask this question, if you are honest, you will have to admit that there are thousands and even millions of people who have had it far worse than you have who have gone on to do wonderful things with their lives.

And what thousands and millions of others have done, you can do as well—if you try. It has been said that if people put as much energy into achieving their goals as they spend making up excuses for failure, they would actually surprise themselves. But first, you have to vote yourself off the island .
No matter how old you are now. You are never too young or too old for success or going after what you want. Here’s a short list of people who accomplished great things at different ages.

1) Helen Keller, at the age of 19 months, became deaf and blind. But that didn’t stop her. She was the first deaf and blind person to earn a Bachelor of Arts degree.
2) Mozart was already competent on keyboard and violin; he composed from the age of 5.
3) Shirley Temple was 6 when she became a movie star on “Bright Eyes.”
4) Anne Frank was 12 when she wrote the diary of Anne Frank.
5) Magnus Carlsen became a chess Grandmaster at the age of 13.
6) Nadia Comăneci was a gymnast from Romania that scored seven perfect 10.0 and won three gold medals at the Olympics at age 14.
7) Tenzin Gyatso was formally recognized as the 14th Dalai Lama in November 1950, at the age of 15.
8) Pele, a soccer superstar, was 17 years old when he won the world cup in 1958 with Brazil.
9) Elvis was a superstar by age 19.
10) John Lennon was 20 years and Paul Mcartney was 18 when the Beatles had their first concert in 1961.
11) Jesse Owens was 22 when he won 4 gold medals in Berlin 1936.
12) Beethoven was a piano virtuoso by age 23
13) Issac Newton wrote Philosophiæ Naturalis Principia Mathematica at age 24
14) Roger Bannister was 25 when he broke the 4 minute mile record
15) Albert Einstein was 26 when he wrote the theory of relativity
16) Lance E. Armstrong was 27 when he won the tour de France
17) Michelangelo created two of the greatest sculptures “David” and “Pieta” by age 28
18) Alexander the Great, by age 29, had created one of the largest empires of the ancient world
19) J.K. Rowling was 30 years old when she finished the first manuscript of Harry Potter
20) Amelia Earhart was 31 years old when she became the first woman to fly solo across the Atlantic Ocean
21) Oprah was 32 when she started her talk show, which has become the highest-rated program of its kind
22) Edmund Hillary was 33 when he became the first man to reach Mount Everest
23) Martin Luther King Jr. was 34 when he wrote the speech “I Have a Dream.”
24) Marie Curie was 35 years old when she got nominated for a Nobel Prize in Physics
25) The Wright brothers, Orville (32) and Wilbur (36) invented and built the world’s first successful airplane and making the first controlled, powered and sustained heavier-than-air human flight
26) Vincent Van Gogh was 37 when he died virtually unknown, yet his paintings today are worth millions.
27) Neil Armstrong was 38 when he became the first man to set foot on the moon.
28) Mark Twain was 40 when he wrote “The Adventures of Tom Sawyer”, and 49 years old when he wrote “Adventures of Huckleberry Finn”
29) Christopher Columbus was 41 when he discovered the Americas
30) Rosa Parks was 42 when she refused to obey the bus driver’s order to give up her seat to make room for a white passenger
31) John F. Kennedy was 43 years old when he became President of the United States
32) Henry Ford Was 45 when the Ford T came out.
33) Suzanne Collins was 46 when she wrote “The Hunger Games”
34) Charles Darwin was 50 years old when his book On the Origin of Species came out.
35) Leonardo Da Vinci was 51 years old when he painted the Mona Lisa.
36) Abraham Lincoln was 52 when he became president.
37) Ray Kroc Was 53 when he bought the McDonalds Franchise and took it to unprecedented levels.
38) Dr. Seuss was 54 when he wrote “The Cat in the Hat”.
40) Chesley “Sully” Sullenberger III was 57 years old when he successfully ditched US Airways Flight 1549 in the Hudson River in 2009. All of the 155 passengers aboard the aircraft survived
41) Colonel Harland Sanders was 61 when he started the KFC Franchise
42) J.R.R Tolkien was 62 when the Lord of the Ring books came out
43) Ronald Reagan was 69 when he became President of the US
44) Jack Lalane at age 70 handcuffed, shackled, towed 70 rowboats
45) Nelson Mandela was 76 when he became President of South Africa.

You might ask ” where do I start from? And I say, start from where you are! If you don’t have any idea of your own, then join an already built brand and begin.

Uchechukwu Assumpter Ogoli

Uchechukwu can be contacted via:

 +2348025586314 or Prinno27@yahoo.com

 

 

Entrepreneurship is freedom. Image credit: Kristof Magyar/ Flickr

Entrepreneurship is freedom. Image credit: Kristof Magyar/ Flickr

There are many reasons to be an entrepreneur. Owning a business can be joyful or a pain in the you-know-what. Chances are you’ll experience both ends of the spectrum at times. It’s not easy to grow a business, and in frustration, entrepreneurs decide to quit.

Entrepreneurship wasn’t taught while we were growing up, so there’s a lot you’ll only learn through experience. I started my first business at 19-years-old without any instruction or mentors. While the business quickly grew to $250,000. I didn’t understand how to manage the business and racked up $180,000 in debt during the 12-year run of the business.

It wasn’t a business I was passionate about, and I eventually walked away. My second business is what I love. I write, speak all over the world and consult with amazing people and companies. This business has also grown and has allowed me to pay off all the debt from the previous business.

I don’t love this business simply because of the money. It goes far beyond that. If you are in a business you love, chances are the money is just a by-product of a greater “why.” There are two main reasons why you wake up every day to do what you love doing.

Freedom
Freedom is the one thing each of us wants and needs. Freedom comes in many forms and can be the difference between truly living life or simply existing. Entrepreneurship provides many ways to be free. You get to set your schedule and spend your time each day on the things that are important to you.

I do realize that income provides financial freedom and that, in turn, reduces stress and worry. But, to experience freedom and have control is priceless. To be there for your family and still generate income is true success. To be in control of your destiny is something many strive for.

There are good days and bad days. There are great days financially, and days when you won’t make any money. It’s not always roses, and there are days when the stress can be unbearable. But when you think about the freedom you get to experience, it helps you get through the rough times. Strive for freedom in your business. Work on getting to the point of running the business without always having to be in the business.

Impact
You started a business to make a living, but what you do in that business helps people and changes their lives. The impact of a business lives beyond the entrepreneur who started the business. Look at a company like Apple and it’s founder, Steve Jobs, as an example.

Even though I had a profitable business in the vendor industry the first go-around, it didn’t make an impact on me or the people I was serving. Today, I’m the author of three books. I plan on writing ten. Today, you can see my words in stellar publications such as Entrepreneur, the Huffington Post, Fox News, and more. I see the impact of the work I do daily and it helps me get through the days when I don’t feel 100 percent.

If you haven’t started your business, or just started it, focus on how you can help people and add value to their lives. Don’t focus on how much money you can make off of someone. When you add value, you build trust. A lead will buy from someone they know, like and trust. There’s not a better way to build trust than through how you help someone without expecting anything in return. Don’t get me wrong, you should charge a fair price for the value you deliver, but always come at this from a place of service.

In the hustle and busyness of growing a business, it’s easy to lose sight of why you started your business. Your business may not be growing right now, and it could be because your focus is on the wrong things. Take a minute this week to remember. Getting in touch with those initial moments and feelings from when you started can be a refreshing way to get back that hunger and fire.

Take some time to enjoy the freedom you have and the impact you’re making in people’s lives. Enjoy the little moments in the journey to build your business and live each day fully present. You’re creating a legacy that will extend beyond your lifetime. That should make you smile

Kimanzi Constable via Entrepreneur.com