Walk away richer!

We will all make mistakes and some mistakes will be more costly than others. How do you handle such shortcomings?

– Accept that the mistake is done.

– Ask what you can do now to minimize the damage caused by the mistake?

– Ask what lessons have you learned from this error?

-Ask what will you do to prevent recurrence of the problem

If you do all of the above you will not only be able to handle the mistake but also may even walk away richer!

Small doubt too big!

Have you identified the key ingredients for success in your business?

Elon Musk, Founder of Tesla says, “If you’re trying to create a [successful] company, it’s like baking a cake. You have to have all the ingredients in the right proportion.”

What is that special effervescent mixing agent which brings it all together, without which success cannot be reached? It is the
Power of Belief!

The power of Belief has been well documented. We also know of this power intuitively. Where would we be without belief? Would you have invested in your business if you didn’t believe it would succeed? Would you have sent your kids to the best schools if you didn’t believe they would benefit from it? Of course not!

When we believe in something, our belief becomes a springboard – catapulting us toward action, which will, in turn, make that belief a reality.

What happens when your beliefs are not absolute or when you are uncertain? What kind of confidence will you convey to your customers?

While you may understand the importance of your beliefs in propelling you to success, you have to ask if you are paying enough attention to the beliefs of your team?  Does every single member believe in your company and endorse it fully?

In the era of social media, every team member is a virtual brand ambassador. For example, we’ve all come across the salesperson that is “on the fence” so-to-speak. He or she likes the company and its offerings but is not into it 100%. Less than total belief yields less than optimal success.

You can have the greatest idea/product; the best branding and market positioning, but if you or your team members do not share a full and comprehensive belief in its success, then your business can never reach the pinnacle!

Boss!

The obvious perks of being your own boss are many, the challenges, too, are equally baffling.

Instead of one boss, you now have multiple clients to report to, schedules to adhere to and responsibilities to handle.

Here are a few tips to make it better for you:

1. Set your goals and read them every day – Find out what inspires you, moves you, makes you passionate enough to give it your all. Once you are clear about your goals break them into yearly, six-monthly, monthly and weekly sub-goals. They are the stepping stones to your success. Hence know them well. Read these goals every day and tweak whenever necessary. These goals will help you to remain inspired, energized and on track, enhancing your daily progress in a significant manner.

2. Planning – Planning time cuts down execution time and avoids duplication of effort as well as gets the most important work done first. Plan your day the night before, prioritizing the tasks in order of importance and then stick to it. Begin your day with your three most important tasks, not stopping until you have completed them to the best of your ability.

3. Set your working hour limit –

It is easy to lull yourself to working in a scattered manner with diffused work hours, stretching all across the day and over weekends. While it might give you the impression of being very busy, you might not be generating corresponding output. Decide on your daily number of work hours and shut your activity when the required hours are done.

4. Keep your skills updated –

Keep an eye on what’s happening in your industry by subscribing to relevant sites, networking with similar professionals and analyzing changing customer requirements. Find out what new skills are most relevant and aligned with your work portfolio and upgrade whenever required.

5. Get out of your comfort zone

– Allocate a certain percent of your time to trying out new and challenging projects. Set harder deadlines, try out new combinations, take on something you have never done before, improvise existing activities.

6. Stay healthy and active –

Exercise not only helps you to remain healthy but also aids the release of hormones, which help the growth of new blood vessels in the brain, improve mood and sleep, and reduce stress and anxiety. Exercise is vital to maintaining a healthy and active mind and in effect a purposeful stance in the way you approach life and work.

7. Be open to feedback –

Your work might require changes to align itself with client expectations. Hence, don’t take rejection or criticism personally. View it as information and insight, using it objectively to work on your shortcomings and hone your skills.

Reflection!

Writing creates clarity and moves you towards the reality of your life.

Writing a journal of your feelings and learning can be revealing and actually take your game to the next level. You have probably heard about journal writing many times and even actually tried journaling but have not been consistent in this exercise.

Most people think they know what’s going on with their time, focus and feelings. However, most are way out. Try to record where your time goes even for a day and you will be surprised at the allocation. Record your focus or lack thereof of your core priorities and you will get a rude awakening. And when it comes to feelings, you may be burying your deep feelings because you don’t want others to know who you really are but in the process, you are also unable to know yourself!

Whose Opinion Counts?

We cannot control what others may choose to think of us. What we can control are our actions, reactions, and self- approval. Worrying about what others think takes us away from our own center and deters us from living in harmony with our goals.

Look within to find your true value. The whole world may think us remarkable, but that does not necessarily make us so. We need to look deep within ourselves to find our true worth, to determine whether we are living in harmony with our best and noblest wishes for ourselves and for others.

Similarly, just because someone else says we are no good does not make us so.

Listen to everyone but make your own decisions. There is no harm in listening to others, but ultimately we need to trust our own abilities to make decisions. A useful aid to decision-making is to examine how your decision adheres to your goals and purpose.

My late colleague Dr. Wayne Dyer sums it up beautifully: “All those who have ever made a difference in any profession have listened to the inner music they heard and proceeded independent of the opinions of others. That was certainly true of one of my favorite nonconformists, Henry David Thoreau, who walked to the beat of a different drum and followed the beliefs of his conscience. He knew that the beat you hear within yourself is your connection to your soul’s purpose.”

Positive energy!

No matter what your circumstances, you always have something to be grateful for, however small or insignificant it may seem.

When we count our blessings, we feel good about ourselves. When we feel good about ourselves, we tend to treat others around us better. When we are good to others, we feel even better about ourselves.
Thus, life-affirming positive energy encircles us, and we transform our lives with kindness and generosity.

While it may be part of our vision to strive for the stars, being grateful for what you already have creates positive energy.

At work, when you appreciate the people you have, you begin to notice how much value they add to your organization. If you are constantly finding fault with them, you will actually see things worse than they are. This is not to discount that you may need to improve the overall efficiency and effectiveness of your organization. However, starting from what is working gets you in the right direction.

When you count your blessings, your blessings multiply. When you count your problems, your problems multiply.

Persist Wisely!

I asked a very successful businessman during a seminar the following question: “If you could rewind the clock what would you change in your life?

He replied: “I would not work as hard in my business and spend more time with my family. My kids are grown up and they have no time for me.” The other business people in the room who were striving to become like this very successful businessman had to ask themselves: “Do we want to achieve what this man has achieved at the expense of family time”?

You do not want to chase something all your life only to realize that what you were chasing is not what you really wanted.

Persist as much as you like but make sure you persist wisely.