How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

If you’re having an off day, living through a disaster, or facing something in between, take comfort in the fact that some of the greatest have had it worse, and then bounced back to become more even more successful. Learning from your own setbacks is extremely important, but there are powerful lessons to be learned when you examine what worked (or didn’t work) for other entrepreneurs. Without further ado, here are some of the best and the brightest, the setbacks they encountered, and the methods they used to turn lemons into entrepreneurial lemonade. Michael Bloomberg Michael Bloomberg is a business magnate, three-time mayor of New York City and a highly successful entrepreneur, but it wasn’t always that way. In his younger days, he suffered a huge setback when he was laid off from Salomon Brothers. Instead of letting the layoff get the best of him, Bloomberg said, “In business, when you fail at something, when something doesn’t work, you say okay, we’ve learned that that’s not a path to go down.” He turned the Salomon Brothers “failure” into a business success lesson. He used all of the financial knowledge from that job to start Market Master, which eventually became Bloomberg LP. Bloomberg became the seventh richest man in the world as a result. You can follow a similar path. Did a project go wrong? Learn from those mistakes to make your next project a great one. Fired from your job? Use the experience to get a better one. No matter what setback you suffer, it’s not a failure if you learn something from it. JK Rowling Before becoming richer... read more
Ditch These 5 Bad Work Habits to Immediately Improve Your Life

Ditch These 5 Bad Work Habits to Immediately Improve Your Life

When it comes to our careers, we usually focus on getting our tasks done, and if there’s time left over, we try to pick up some new positive routines. While we’re huge proponents of getting stuff done and creating good habits, this approach ignores the bad work habits that could be holding you back. Your net success is determined by what remains when your bad habits are subtracted from your good ones. By noticing the negative aspects of your day-to-day life, you’ll drastically improve it. We won’t keep you in suspense – here are some of those bad work habits you can drop today to immediately improve your life: Start having sloppy writing.  If you aren’t in a role that involves a lot of writing, this communication habit probably doesn’t seem like big deal. Harvard University research, however, says otherwise – they found that writing is one of the most important skills in any career. It can boost productivity, strengthen leadership, and even improve your chances of a promotion. Bad writing, on the other hand, results in the opposite. You can stop one of the bad work habits right in it’s tracks by devoting time to your writing. Consider double-checking your emails before sending them off, and ensuring they use clear and error-free language. If you want more concrete ways to improve you writing, check out my article on Stephen King’s expert writing tips. Stop saying ‘yes’ to everything. We’re all told that being agreeable and saying “yes” is polite and desirable, especially when dealing with a supervisor or manager. While that might be true during a dinner party, in the business world, it can... read more
The Secret To Your  Self-Motivation Lies In This Surprising Science-Backed Habit

The Secret To Your Self-Motivation Lies In This Surprising Science-Backed Habit

We can do anything we set our minds to. But sometimes it can feel like our brains are working against us when it comes to achieving our goals. Plans to learn a new skill, get in shape, or to save money and start a business, keep getting pushed back in the hopes that Future You will handle it “someday.” It’s a crippling behavioral cycle that can eat away at your self-motivation. In fact, in psychology, procrastination is classified as a form of self-sabotage. But there’s good news. While learning how to become self-motivated may feel difficult or nebulous, the potential solution is remarkably simple, according to Psychology Today and cognitive neuroscience. In their findings, a psychology professor at Harvard University, Ron Siegel, suggested that the key to following through on motivation boils down to this: bring optimism and fun back into the picture. This sounds a little hokey, right? After all, completing a term paper or your taxes isn’t exactly fun. While this habit seems anything but scientific, the neurological reasons behind it aren’t. According to the research, the reason we procrastinate on our ambitions lies in our primal psychology: “Our modern brains are still wired up for the ancient evolutionary purpose of surviving in a dangerous environment. Over a million years or so, we developed specialized neural structures that selectively tuned in to danger signals.” So when the time comes for us to create and be productive, instead of focusing on the pleasurable and rewarding aspects of obtaining our goals, our brains dwell on the anxiety and fear that comes along with doing something new or putting ourselves... read more
How to Replace Your Self-Doubt With Unshakable Confidence

How to Replace Your Self-Doubt With Unshakable Confidence

We’ve all had those paralyzing moments where our palms are sweating more than a marathon runner and our heart is hammering at a million times a minute. You’ve also probably bitten the bullet and pushed those feelings down just enough to get through a presentation or take on a terrifying new venture… only to have them pop up again next time. But what if you could tell that nagging voice in your head — the one that says “you can’t do it” or instills fear in your heart — to just shut up, right now?What if you could harness that relieved feeling after doing a presentationbefore you got on stage? Look no further than Harvard Psychology Professor and TED Talk star Amy Cuddy. She extensively studied why certain people are able to take more risks and have the confident demeanor that landed them more business deals and job offers. She found that everything from their body language to simple daily thoughts allowed them to rapidly evaporate fear in the moment and replace it with belief in their fantastic abilities. Her TED talk (which has been viewed over 30 million times) and book“Presence: Bringing Your Boldest Self to Your Biggest Challenges,” offeractionable and surprisingly easy steps to trick your brain to conquer your fears. Check out her advice on how to reprogram your brain to ditch fear and replace it with positivity and confidence: “Don’t fake it till you make it. Fake it till you become.” ― Amy Cuddy Early in her college career, Cuddy suffered a severe head injury in a car accident, and doctors said she would struggle to fully regain her... read more
5 Things You Need to Give Up to Be Happy

5 Things You Need to Give Up to Be Happy

Many of us put the pedal to the metal when it comes to seeking happiness. We seek new things and experiences to develop a positive outlook, thinking it will come “someday” – once we get that “must have” purse or land that new job. It seems counterintuitive, but your happiness is just as dependent on giving up things. Our routines are so ingrained that we fail to notice the negative parts that we can already shed. Instead of waiting, you can harness happiness and a winning attitude by giving up the negative aspects of your routine now. Take a look at these things you need to give up, and see how they impact your day-to-day attitude: Give up FOMO If you think being a successful entrepreneur means saying “yes” to every opportunity, you’re doing it wrong. The best entrepreneurs take smart, calculated risks instead of embracing every opportunity that presents itself. If the idea of passing up on these opportunities fills you with FOMO (fear of missing out), just take a tip from Sir Richard Branson. “Business opportunities are like buses,” he once said. “There’s always another one coming.” Rather than dwelling on the opportunities that pass you by, realize that there’s another one right down the road. Give up comparison “Comparison is the thief of joy,” Theodore Roosevelt once said, and he made a great point about being happy. Feeling competition from others is never beneficial. Hopefully, you’re already trying your hardest, and negative thoughts will never help you perform better. Stop waiting for praise from others I’m sorry to be the one to break this to you, but nobody will take the... read more
How to Make Lifelong Learning a Daily Habit

How to Make Lifelong Learning a Daily Habit

It’s easy to get tunnel vision in business and only focus on the tasks directly ahead of you. However, setting aside a little time to learn and hone new skills on a daily basis is key. It’ll not only allow you to survive in this changing entrepreneurial landscape but to thrive in it. Many of us still operate under the idea that, once we leave school with our diplomas in hand, there’s no need to continue mastering different areas of knowledge. However, the reality is that we no longer live in a world where learning can stay fixed for anyone in any trade. Adaptation is a currency worth its weight in gold in today’s business world, where new innovations are continuously changing the game. Being a constant learner means staying sharp, relevant in your field, and ahead of the curve. And forming these habits doesn’t have to be difficult or terribly time consuming either. There are a number of simple ways to implement lifelong learning into your day-to-day routine, no matter how busy you are: Set specific and concrete learning goals First things first, get those self-improvement ideas out of your head and out into the real world in a tangible way. Writing a list of what you want to learn can help you stick to your goals in a meaningful way. Next, create objectives that are manageable, by breaking down big picture goals into daily, monthly, and annual stepping stones. If you want to learn more about SEO techniques, for example, you could set a goal to read one blog post about your area of interest per day.... read more
5 Decisions Ultra Successful People Make Every Single Day

5 Decisions Ultra Successful People Make Every Single Day

Let’s face it: there are a million and a half things that will be out of your control daily. Whether it’s a grumpy boss or a late subway, a lot of your daily routine is left up to chance. While you can’t control your environment, you can control how you respond to it. So ultra-successful people thrive, achieve, and enjoy success because they make smart decisions every day, no matter what life throws their way. So choose to be make everyday incredibly successful by making these decisions daily:  They choose to feel good about themselves. Eleanor Roosevelt once said, “No one can make you feel inferior without your consent.” While you can’t control if people will be kind to you, you can choose how they affect you. Just like Eleanor Roosevelt, realize that your attitude doesn’t – and shouldn’t – be affected by how others treat you. So know that no matter what sort of attitude others give you, know that you can choose to be positive. They choose to work hard instead of dream. Yes, it feels nice to daydream and imagine the great things that could happen when we finally achieve what we’ve been longing for – from opening a business, to finally fitting in a dress two sizes smaller. However, as the iconic author and poet Maya Angelou said, “Nothing will work unless you do.” Dreams don’t come true just because you spaced off during the workday. Successful people don’t only know this, but they use it to push themselves forward. They realize they’ll achieve their dreams eventually, but they don’t get discouraged when it takes a whole... read more
5 Smart Tips To Help You Stay Focused, No Matter What

5 Smart Tips To Help You Stay Focused, No Matter What

In today’s digital age, it’s hard to stay focused among all the bleeps and notifications coming from our smartphones, computers and fitness watches. In fact, studies have found that on average, humans have shorter attention spans than goldfish. So, in today’s world of constant digital bombardment and work demands, how do you actually stay focused? While our brains are extremely powerful, they’re pulled in multiple directions at once. Thankfully, you can train your brain to stay focused on the task at hand with some expert tips: Avoid multitasking While multitasking might sound neat on a job description, it actually detracts from the work quality of everything you’re doing, and destroys you productivity. Instead of letting multitasking hijack your productivity, consider prioritizing instead. Rank your tasks in terms of importance, and take them on one at a time in order of priority. This won’t only help your focus, but it will utilize your depleting mental batteries on the most important things first. Do your ABCs No — not the alphabet, but this trick from Harvard Business Review is just as simple to learn. It’s a way to stomp “your brain’s brake pedal” when a distraction pops up, and it involves three steps: First, become aware of your options — you can either give into the distraction, or keep going. Next, breathe deeply. Finally, choose what option you’ll move forward with. Most likely, after taking these steps, you’ll be able to continue on with your task. Use tech to fight back  The research found that these alerts send a message to our brains that something else is urgently needing our attention, when in reality, it is... read more
6 Brain Hacks to Make You a Faster Learner

6 Brain Hacks to Make You a Faster Learner

Our world is evolving quicker than ever. To stay competitive in business and ahead of the game, it’s increasingly important to continually learn new skills and information. That’s why mega-moguls like Bill Gates and Oprah Winfrey swear by constant learning as a vital part of their success. Luckily, there are some fairly simple methods for turbocharging your brain and mastering any skill faster. Read on for some hacks to help you harness the power of constant learning: 1. 50 minutes or less As entrepreneurs, it’s tempting to batten down the hatches and try to work for hours (or days) on end when learning something new. Before you stock up on Red Bull, consider the following: Research says our brains end up powering down very quickly when they’re running on overdrive. Ellen Dunn of Louisiana State University explains that “anything less than 30 [minutes] is just not enough, but anything more than 50 is too much information for your brain to take in at one time.” To put this into practice, make sure you’re scheduling your learning sessions for short bursts of time, using quick methods like flashcards. Schedule at least a 10-minute break between sessions to give your brain some much-needed R&R. 2. 80/20 The Pareto principle, otherwise known as the 80/20 rule, was originally developed by Italian economist Vilfredo Pareto, when he discovered that 20 percent of the farms produced 80 percent of Italy’s crops. Nowadays, productivity expert Tim Ferriss has popularized a modern approach to this rule for faster learning. He says you should focus first on the most important 20 percent of what you’re trying to... read more
Unlock The Surprising Key to Mental Strength

Unlock The Surprising Key to Mental Strength

Often, when we want to be mentally tough, we adopt a “tough it out” approach. That is we try to endure through hard-hitting times, and emerge as a stronger person as a result. That’s all well and good, but new scientific research has revealed that recharging is just as, if not more important, for mental strength. As Shawn Achor put it in Harvard Business Review, “Resilience is how you recharge, not how you endure.” So as a busy, productive person, how can you recharge daily? If you can’t move to a tropical beach, there are still ways to avoid burnout and unlock mental strength in your normal routine: Actually leave the office How often do you actually leave the office? We’re going to bet that while you probably physically exit you workplace daily, you don’t check out mentally nearly as much. It doesn’t matter if you’re in your bed or in a cubicle; if your mind is still focused on work, you’re not truly recharging. That’s why the experts recommend making a conscious effort to focus your mind on recharging outside of the workplace. Science calls this “external recovery.” It involves making a conscious effort to do something mentally relaxing outside of your work zone. This doesn’t mean you have to schedule in time for mindless TV – it can involve anything from an educational podcast to reading a great book. Unplug Although your iPhone might seem like part of your body at this point, unplugging digitally is another key to mental strength. Not only does being on your phone constantly deplete your precious mental resources, HBR recommends using the technology... read more
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