If you know me at all, you know how important I believe it is to have specific, clearly defined goals.
Too often entrepreneurs set “fuzzy” goals for themselves. Then they wonder why they never know the exact steps they need to take to achieve them. They wonder why they get lost and never make progress.
It’s because they don’t set clear, precise goals.
Setting goals is paramount. So I’m going to assume you – as a budding strategic entrepreneur – have got your goals set and written down. And you’ve created a series of action steps that will move you toward that goal.
Well, you know the steps to take that will get you to your goal. But what you still might be uncertain about is how to increase your “velocity” in terms of getting there. How to make sure you’re on track to get to your goals as fast as possible.
Today I want to talk about a way to use the metrics you have, to make the actions you’re taking as specific and powerful as possible.
A different way of looking at and leveraging your metrics. So you can achieve your goals faster than you ever thought possible.
And the first thing we have to do is draw a distinction within the topic of metrics that you’ve probably never thought about before… Read More
Here’s a secret about traffic.
You don’t need a lot to be successful. (Although the more successful you become, the more traffic will come to you…)
You only need to be effective at 9converting that traffic into money.
The more effective you are, the more successful you’ll be. And the reverse is true too. Bringing in more traffic without being able to effectively monetize it will eventually put you out of business.
So how much money is enough to be “effective”?
In my Founders Club report Beyond Traffic I told the story of Pets.com… Read More
How do you make decisions in your business?
Taking your best educated guess can can be an OK jumping off point. (And the more experience you have the better, more reliable your instincts will be.)
But the only sure thing to base your critical business decisions on is…
The hard data you get from the results of your actions. Read More
By the early 1990’s Richard Branson was facing a serious problem.
About six years earlier, he was in the midst of launching a new startup idea… Virgin Atlantic Airlines!
A business that big is not easy to get off the ground (no pun intended). By the 90’s the new venture was facing serious cash flow issues that put its entire future in jeopardy.
To get through them he took action that few entrepreneurs would ever have the “you-know-whats” to do. Read More
Ever seen this?
It’s my now famous “You Diagram” from the Internet Business Manifesto.
It’s an in-your-face illustration of the biggest mistake entrepreneurs make.
(Especially newbies or those entrepreneurs who are just starting out.)
They end up designing and building a business that relies entirely on them.
It virtually guarantees that you’ll be limited in how big you can grow your business.
It puts a 20-foot brick wall between you and your income goals.
It ensures you’ll be struggling as long as you’re running your business – working harder and harder for way less than you’re worth.
It’s a scary picture when you think about it. Read More
The other day I shared seven reasons why you should have a collaborative circle surrounding you and your business.
Today I thought I’d have a little fun with that…
I thought I’d write a post and invite 21 of some of the most famous and successful thinkers, entrepreneurs and people from all walks of life to share with me.
To talk about the powerful benefits a collaborative circle can provide. And why you need one.
So let’s start by asking the eternal question…
Shocking confession dead ahead.
I get stuck just like everybody else.
Despite the image that follows me around, I’m not superhuman. I may have more mental models about business that make me more effective that the majority. And I may have experienced success at a level greater than the norm. But I can still get stuck just every other entrepreneur on the planet.
The big difference is that when I do, I know how to get “unstuck” fast. Read More
Last week we talked about focusing on taking action in your business. And the information overload and distractions that keep you from doing it.
Now assuming that you’ve unplugged a few of your electronic distractions, stopped splashing around in that ocean of information and are ready to buckle down and get busy, we come to an important question…
What actions should you be focusing on? What actions should you be taking to give you the biggest strategic bang for your buck?
I want to give you a little help with that today in the form of a map.
And believe me… Read More
Economist Paul Krugman once wrote:
“Productivity isn’t everything, but in the long run it is almost everything.”
You don’t need a PhD to get that.
Success depends on productivity. And the only way to produce results is by focusing on taking the right action.
Success depends on productivity. And the only way to produce results is by focusing on taking the right action. Read More
We’re all adults here. And since we are, we can have an adult discussion.
I want to talk to you about why you may be stuck or struggling. Why you never seem to be able to get the big project complete. Or why you can’t even get it off the ground.
The reason you can’t is because of something we don’t like to face. It’s unpleasant. Sometimes even uncomfortable.
But you need to face it if you want to achieve all the goals you set for yourself.
I’m talking about the “F-word”… Read More
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