As 2007 draws to a close I’m going to share with you something that can make all the difference between success and failure in the coming year.
Your inbox is filled to the brim with ca-ca touting the latest greatest system, juice drink, compensation plan, survey site, list building techniques, Web 2.0 course, etc. etc.
How do you react?
“Maybe at last this one will work. I sure hope. All the others were scams. It better not cost anything.”
Ya-da ya-da ya-da.
Friend, I have to tell you this.
Business success is centered around people not systems, products, compensation plans or techniques.
The number one person is you. Invest in your continuuing education and personal development. Be willing to change.
Next come your mentors to guide you and “tell it to you like it is”.
Finally there are the people who look up to you. Learn what they really want and need and dedicate yourself to helping them get it.
Focus on people and relationships, and you’ll be more successful in 2008.
Find the right mentor and make a commitment to learn and grow. Everything else will gradually fall into place.
Or focus on systems, products, compensation plans and techniques, and 2008 will be deja vu all over again.
I wish you a healthy, happy and prosperous new year.
Have you ever failed to take action because the time didn’t feel right or you you hadn’t dotted all the i’s and crossed all the t’s on your plan? Do you find yourself caught up in analysis paralysis?
Let me share something with you that I leaned from Mike Litman. Then tell me that you’ll change. Tell me that you’ll live by this rule in 2008. Wow! I’m beginning to sound like Mike.
“You don’t have to get it right. You just have to get it going!”
You don’t have to wait for everything to be perfect. Nothing will ever be perfect.
Think about something that will move your life or your business forward that you have been putting off and get it going NOW. Because you don’t have to get it right. You just have to get it going!
Critical Success Factors
With 2008 right around the corner let me share some simple strategies that can help turbo charge your personal development in the New Year.
Each idea stands alone. Use one or use them all. Add your comments to this post to share your own personal insights and success tips.
- Power down your computer. Take a break. Stop e-mailing and messaging. Tackle the important things waiting for you offline. Meet with people. Make important phone calls. Get some exercise.
- Prioritize. Before you go to bed ask yourself, “What can I do tomorrow that will take my business or personal life forward?” Write six or more things you can accomplish the next day on an index card and rank them in order of importance. The following day get the top six things done in the order of importance. Follow this formula for 30 days, and you’ll be amazed at what you can achieve.
- Acquire mentors. The most successful people know better than to go it alone. Be willing to accept advice, to stretch and to change. Your mentors might coach you one-on-one, in a group, or through their speaking or writing. Like a computer you need good programming and input to produce good output. I have several mentors and advisors including more than one close friend and a senior manager at the corporation where I work.
- Meet new people online and offline and really get to know them.
- Profit in the margins. Supposing you earn $60,000 per year which is $5,000 per month. If you can increase your earnings or cut your expenses by $250 per month that would reflect 5% of your income. However if your current savings or disposable income is $500 per month, the additional $250 would give you 50% more to work with. You can save it, pay down credit cards, or buy a new outfit.
- Start a home business, a sensible one, to increase your income. Choose a mentor to guide you and help you. You can only work so many jobs, so you need a way to leverage your time. As your business grows, so will the leverage it affords you. But beware. Before you start a home business you ought to read Home Based Businesses Don’t Work and The Darker Side of Funded Proposals.
- Exercise moderately almost every day. It is so easy to get busy and push it off. I’m adding walking to my daily list of priorities effective immediately.
- Be grateful for all the good in your life. Don’t let unfulfilled desires negate all the good. If you are reading this post, be grateful that you can. Take a deep breath right now and appreciate that you are alive. I appreciate you!
- Praise the people in your life. They need it. They crave it. Don’t criticize. Spread around more of your love, and it will come back to you with interest.
- Give to charity, a little or a lot according to your means. It will help you as much as it helps the receiver.
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I said that the industry was hot, was growing, and was worth some attention and speculation.
I suggested promoting Yuwie, a free MySpace-like site that paid a share of its ad revenue to users. I rejected paid membership sites, since the trend indicated that sites were giving more and more to members without any charge.
I was right about two things. One, the industry is hot. And two, you can certainly keep your credit card in your wallet.
The industry is so hot that new sites with the most exotic names are cropping up daily, each looking for a piece of the pie, and many willing to pay members to use and promote them.
The market is expanding with new users, but I don’t believe that it is expanding rapidly enough to support the proliferation of sites.
My prediction is that the lion’s share of new industry players will fail to reach the critical mass required to sustain themselves long term.
Whether any particular one will make it or not, your guess is probably as good as mine. However, let me offer you a plan of action.
- Use social networking sites to network, to make new friends, to make new business contacts, and to make deals. Do not use them only to get paid by them. If you want to make money, doing business through these sites has much more potential than creating income streams from the sites themselves.
- Join, use and refer people to sites that you enjoy, that offer the services you want, and that attract the types of people you wish to network with. Do not join sites because you are impressed by their hyped-up revenue sharing plan.
- Avoid paid membership sites unless they are the only ones that provide the services you require and attract the clientele you seek.
- It’s tempting to join loads of cool sites and spread yourself thin. Do not do it. Limit yourself to just a few. If you spread yourself too thin, you’ll miss the opportunity to get to know people on any of the sites, and you’ll be no more than a virtual social butterfly.
- Invite people you meet on one site to join you on another site, especially a well established site such as MySpace. This way your friendship can survive a site’s demise. And not only that, when people connect on more than one site they tend to establish a stronger bond than when they connect on only one.
- Take stock often of the situation to determine whether you need to change your strategy. When you drive a car, you need to be looking beyond the car ahead of you. Here too you must try to anticipate trouble ahead.
- Don’t hold it against me if I recommend a site to you that doesn’t work out. After all I can’t see into the future, and I’m making educated guesses based on what I know presently and my strong sense of intuition. (This is my disclaimer.)
- Have fun! Yes, I said that. Social networking online or offline ought to be fun.
Little did Rodgers and Hammerstein know that their hit, Getting to Know You, from their 1951 Broadway musical, The King and I, would become my social networking theme song.
Social networking is all about people getting to know each other.
“That’s obvious,” you say?
My advice to you is neither become offended nor get sidetracked by spam or other annoying tactics. Stay focused on meeting people and on getting to know them. All the spam on social networking sites is just background noise.