10 Reasons Why Some People Won’t Succeed

1. They don’t understand the value of time.
“Any successful entrepreneur knows that time is more valuable than money itself.” – Richard Branson

2. They don’t do things that are in alignment with their goals
“It’s not hard to make decisions when you know what your values are.” – Roy Disney.

3. They never step up to the plate
“People seem to think that success in one area can compensate for failure in other areas, but can it really? True effectiveness requires balance” – Stephen Covey

4. They have self-imposed limitations
“You are what you are by what you believe” – Oprah Winfrey

5. They are good at making excuses
“If you can’t make it good, at least make it look good” – Bill Gates

6. They lack class or social intelligence
“You can easily judge the character of a man by how he treats those who can do nothing for him.” ― Johann Wolfgang von Goethe

7. They are procrastinators
“Only put off until tomorrow what you are willing to die having left undone” ― Pablo Picasso

8. They don’t’ take action
“Do something today, your future self will thank you for” – Les Brown

9. They can’t face adversity
“All sunshine and no rain makes a dessert” – Arabian Proverb

10. They are apathetic
“So, because you are lukewarm, and neither hot nor cold, I will spit you out of my mouth” -Revelation 3:16

Source: http://www.lifehack.org/articles/productivity/10-reasons-why-some-people-will-never-suceed.html?utm_content=bufferee483&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

 

 

What Type of Hardware?

There are many to name, but these are the ones not to build:

  • FUNware is not a business
  • EASYware is not defensible
  • SAMEware is not positioned well enough
  • SOLUTIONware great technology in search of applications
  • VAPORware when not a complete scam, it is naively optimistic and end up not shipping
  • LAMEware did not keep its promise and ships a mediocre product
  • FAILware kept on specs but successfully built something nobody wants
  • LATEware handled manufacturing so badly it shipped after the competitors it woke up
  • LOSSware has been priced badly and can’t make a profit. Can it cross the Bridge of Death? (http://techcrunch.com/2013/11/28/financing-lean-hardware/)
  • BOREware gets boring after a short time
  • FUTUREware is so futuristic that the majority won’t buy it until many moons have passed
  • LOCALware is so tied to the local ecosystem it can’t be done elsewhere

Source: http://techcrunch.com/2014/04/06/the-lean-hardware-startup-investing-in-hardware-startups/

 

Commitment to New Ideas

Ask yourself three simple questions before you make a commitment or start on any new project:

1. Am I the right person?
2. Is this the right time?
3. Do I have enough information?

[reference]  http://www.farnamstreetblog.com/2014/09/the-time-suck-of-collaboration/

 

The Four Agreements

1. Be impeccable with your words
Speak with integrity. Say only what you mean. Avoid using the word to speak against yourself or to gossip about others. Use the power of your word in the direction of truth and love.

2. Don’t take anything personally
Nothing others do is because of you. What others say and do is a projection of their own reality. When you’re immune to the opinions and actions of others, you won’t be a victim of needless suffering.

3. Don’t make assumptions
Find the courage to ask questions and to express what you really want. Communicate with others as clearly as you can to avoid misunderstandings, sadness and drama. With just this one agreement, you can completely transform your life.

4. Always do your best
Your best is going to change from moment to moment; it will be different when you are healthy as opposed to sick. Under any circumstances, simply do your best, and you will avoid self-judgement, self-abuse and regret.

By Don Miguel Ruiz

 

Barbara Corcon’s Short Rules

  1. Fun is good for business
  2. Shoot the dogs
  3. Perception is good
  4. Ready for expansion
  5. Nobody wants what nobody wants and everybody wants what everybody wants
  6. Bad times are the best times to move ahead
 

Questions to Ask a Book?

I enjoy reading Farnam Street Blog and it makes me think. Here is an interesting take-away from that blog.

“There are four main questions you need to ask of every book:

  • What is this book about?
  • What is being said in detail and how?
  • Is this book true in whole or in part?
  • What of it?”

source: http://www.farnamstreetblog.com/how-to-read-a-book/

 

Implement Habit-forming Behaviour to Win Customers

Remember this life cycle when developing a habit-forming products to win more customers:

  1. First, you need a trigger, such as an advertisement, commercial, or other marketing materials
  2. The customer needs to take an action, and the customer has to have the will and also be able to take the action in simple steps
  3. Customer has to be instantly rewarded for taking the action and using the product
  4. The product has to be habit-building by offering rewards and changing the customer’s behaviour for the customer to take the action again
 

Dan Sullivan’s 4C’s – How to Execute on any Vision

It takes 4C’s to take off any new venture off the ground, as Peter Diamandis quotes Dan Sulllivan:

  • “The first is to make a commitment
  • This commitment gives you the willpower and energy you need for the second C: courage
  • With commitment and courage, you have the power to create capability
  • And finally, armed with commitment, courage and capability, you then have confidence to execute your vision.

One of the best ways I’ve found to realize the 4 C’s is to surround yourself with the right people.”