Over the last 8/9 years of striving for personal growth and running a business, I’ve had some great advice. Some directly from mentors, others from courses, books and observation of others. Here’s a list of some of the more widely applicable.
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In no particular order:
1. Slow down to speed up.
Currently, this is the most valuable piece of advice I’ve received. For years I’ve focused on growth, revenue and pushing forward, always thinking quicker and bigger is better, to the point where I’d feel guilty if I wasn’t pushing. ‘Slow down to speed up’ made me realise that if you slow down from time to time, it can give you a different perspective and time to plan, allowing you to speed up. Once I realised this, I no longer felt guilty for slowing down. As a result, I’ve seen greater progress since. This was something I learned from Daniel Hill.
2. Don’t be too busy fighting off the alligators that you forget to drain the swamp.
This advice was given to me when I was so busy in the business sorting out issues that I couldn’t focus on moving the business forward. I think it’s a great piece of advice to remember.
3. Be in the re-order business, not the sales business.
I got this insight from watching an interview from the Patron founder. It’s so much easier and more enjoyable to grow a business when you have re-accruing revenue and happy customers. I’ve unfortunately experienced both, and the re-order business is way more fun.
4. What gets measured gets done.
Not sure this needs explaining. But what you focus on and measure gets done. This is especially relevant when you have a team and multiple moving parts.
5. The best investment you can ever make is in yourself.
No explanation needed.
6. A bigger business doesn’t mean a better business.
In these challenging times, it’s easier to see examples of this as we see large businesses going into administration. I used to think bigger must be better. When, in fact, a smaller company with solid business fundamentals is far better than a large business with a poor business model.
7. Success and failure are both very predictable.
Probably no explanation needed. But for me, whenever I make a decision or take an action, this often pops into my head. Very rarely is any decision guesswork. There’s usually a very predictable outcome that leads to success or failure.
8. Think bigger.
You’d be forgiven for thinking I’m a hypocrite with this last one, given what I said above about a bigger business. While I don’t think bigger is always better, I do believe thinking bigger with your goals and aspirations is important. I’ve got some pretty big goals that I’m currently falling way short of. But I’m a lot further along than if I hadn’t had these big goals.
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In my home office, I have 3 quotes from Warren Buffet, Steve Jobs and Bill Gates. These are also favourites of mine:
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