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What Every Entrepreneur Can Learn From Kids

When you’re pondering about what it takes to be an entrepreneur, don’t overlook the business savvy of kids. They aren’t always consciously striving to climb the ladder of success. However, the journey from toddler to teen leaves a trail of tested developmental data.

Here we feature the 8 areas of ‘kids’ mindsets:

#1 – Negotiations

Children of all ages are masters of the art of negotiating. Watch a child engaging in the bargaining process. Kids learn early on that everything has subjective value and might be considered trade worthy in certain circumstances.

Take stock of your own negotiating inventory.

#2 – Compromise

Reaching agreements results in more rewards than stubbornly wallowing in stalemated disagreements. There is nothing defeating about walking away with a gain. When you want two jumping frogs for your slingshot, keep in mind that frogs aren’t so easy to catch. One frog or no frog? It’s that simple.

#3 – Resilience

Kids seldom take ‘no’ for an answer. When they hit a wall, they walk around it, climb over it or set up a catapult. They don’t quit until they have exhausted every possible way to achieve their goals. They are driven with passion, determination, ingenuity and optimism. You need all of those to be an entrepreneur.

#4 – Resources

It’s important to know who has the best, the most, the cheapest, the best delivery time, etc. Kids look through junkyards, yard sales, ‘free’ ads and under rocks. That’s all aside from keeping a list they’ve acquired through the grapevine of those who can offer the best fish bait, fireworks, homework help and bike repairs.

#5 – Funding

When more money is needed, it’s important to be able to turn to more than one funding source. Kids already know this. When one parent turns out empty pockets, they shamelessly hit on the other parent. Benevolent uncles and friends with generous allowances might be willing to offer some temporary financial relief.

You don’t know if you don’t ask.

#6 – Real World Social Networking

You can never have enough contacts. Most kids join activity groups to be with other kids. As the social circle widens through introductions, there is an increase in invitations. The cousin of the friend of the kid on the wrestling team knows the lady who is in charge of auditions for the play you’d love to be in. Hmmm…just maybe.

As we grow older we make less time for social groups like sports, performances and hang outs. There could be a lot of great new info we are missing out on from one another if only we made more time for social networking in the real world, not just online.

#7 – Promote Yourself

It’s okay to talk about your talents, goals and successes with pride. The power of word of mouth advertising can start with you. There is a difference between bragging and exuding supreme confidence. Just be sure that you can deliver on your claims. As you show others what you can do, word will get around.

Those who are in need of your talents will find you.

#8 – Dream Big!

While it’s necessary to be realistic, it’s also important to project a positive outcome. It’s okay to want a pony someday even if you currently only have room for a dog house.

Success will allow you to address such minor details.

As you can see from the above tips, it’s sometimes worthwhile to look back as well as to look forward. Remember when you were a kid and unstoppable! Now the risks are greater, the challenge is bigger and the potential rewards make it all worth it. Like all kids, you practiced and honed your business skills. Back then, it was part of being a kid. Now it’s all a part of how to be an entrepreneur in the adult world.



Cheers!

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6 Tips for Making It Work as a Part-Time Entrepreneur

6 Tips for Making It Work as a Part-Time Entrepreneur

You know you want to start a business, but you can’t shake those financial pressures — rent or a mortgage, a car payment and maybe you have kids. Even young people have responsibilities after all. But tack on the fact your business idea will surely take time to catch on, and starting up can seem even further out of reach.

You are a perfect candidate to become a part-time entrepreneur.

While not ideal for every young trep — jumping head first into the start-up pool can be a preferred route — getting the business up and running before letting go of a regular paycheck may be the best course. Here are six ways to make the transition into entrepreneurship a smooth one:

• 1. Find balance. Of course, this is what being a part-time entrepreneur is all about. Can you start up and maintain your commitment to your full-time responsibilities? If you get caught up in your business to the point that your full-time job suffers, people will notice and it will cost you opportunities and, potentially, the job itself.

• 2. Be patient. As a part-time entrepreneur, you simply can’t move forward with your new business at the same pace as those who can work on theirs full-time. And even full-time entrepreneurs never have enough hours in the day. Find the right pace for you so you can see progress without completely wearing yourself out. Be patient; you may not be moving as fast as you would like, but forward is good.

• 3. Bank your profits. At some point, you will want to walk away from your job and be a full-time entrepreneur. The money you save now will enable you to take that step sooner. If you don’t need it to grow the business, then save it for your future, but be prepared to put it back into your new business as needed.

• 4. Set flexible goals. As you build your business, you may find your day job getting in the way of your entrepreneurial goals. That’s OK. It’s what being a part-time entrepreneur is about. Watch out for a tendency to beat yourself up for spending too much time on your job at the expense of your business. Your energies will need to shift from one to the other as time goes on, and that’s OK.

• 5. Take yourself seriously. While you’re taking baby steps with your business, you and others may discount your plans because your progress is slow. Don’t let timing affect your long-term commitment. Find ways to remind yourself of what you’re working to accomplish. Don’t let others dismiss your goals. Remember that you can make this happen, it will just take longer.

• 6. Have an escape plan, if you want one. Do you want to be a part-time entrepreneur forever? That’s actually alright. Operating as a part-time entrepreneur may not have been your original plan, but if your business can succeed in your off hours and you enjoy your full-time job, why not?

• However, if your entrepreneurial plans include running your dream business full time, you need to define milestones and set goals that include walking away from your day job. What needs to be in place in terms of infrastructure, sales, product development or other criteria before you will be ready to quit?
  
  
  Cheers!
  
  If you want to be part of our growing community and share your ideas, feel free to subscribe to this blog and Here

Being Productive even on a lazy and rainy Tuesday

Being  Productive even
on a lazy and rainy Tuesday .................... Making a Video!


 
Its the second day that its been raining here and just imagine if i was still an employee how challenging it would be to go to work or even just get out of the bed due to the cold and very comfortable "Bed Weather"

Great thing is, i don't really need to go anywhere!, That's one of the advantages when your managing your business or investments at home and specifically online. So rather than sleep the whole day i decided to do something productive while doing my morning routine of drinking coffee and catching the morning breeze. I decided, to make a short video of how "Great" it is to stay at home during this times, how advantageous the internet has  been to me and share a very successful event last Saturday that i consider a first and one of the turning points in my career (truly i made the right choice)

To my surprise, when i powered on my laptop and just decided to check my skype and facebook, a chat box in skype already greeted me with curiosity coming from Singapore and another one from Bacolod, Philippines. Both were asking what i do for a living online =) So video stardom aside, i talked to the guys for a few hours and showed them some short video clips of what im doing and there really into it. Just Imagine, they will be one of many business associates that im working with that i met and actively make money online even if its one different country or island province to mine. Hundreds even thousand of miles apart but the web can really make things very convenient!

So after that, i already decided to work on the video and asked my wife to help out since i do need someone to work the camera =) after editing and a few sounds, here's the 6 minute video. I wont talk about it anymore since you can just watch it. Enjoy!

Cheers!

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9 Confidence Building Techniques That Will Help You Ace Anything!

Having a high level of confidence can do wonders in every aspect of your life from your physical appearance to your sleeping patterns. It is proven that people with a lot of confidence are more successful, healthy, and enjoy a more fulfilling life.

Below are our ’9 confidence building techniques that will help you ace anything’.

1. Stop Comparing Yourself to Others

One of the most effective self-confidence building techniques that will immediately improve your confidence is to stop comparing yourself to others. This is trouble and in reality, you only see a small slice of how that person really is. Everyone, thinks, feels, learns and sees things differently. You are the only person on this planet with your ability, it may not be some sort of super-human power you posses but the possibilities in you and the way you do things will be endless and different to everybody else, no two fingerprints are the same. Remember that!

When you compare yourself to other people you tend to compare yourself to the one person who you believe has it best in life. This is definitely not a good way to assess yourself. Instead worry about what it takes to be someone that you like yourself. You would be shocked at how much happier people who like themselves are than people who do not.

2. Always Make Eye Contact

Most people are incredibly afraid of how other people will judge them in a multitude of different situations. By making eye contact you tell yourself that you are worthy, unafraid, and confident. You also send the same message to the other person/people that you are talking to.

A little trick I find that works is to look between their eyebrows in the center of their head, this is less intimidating for you as you are not looking directly into their eyes but from where they are standing it looks like you actually are. Just make sure you are not staring to hard, and are not too up close and personal like the picture we have featured to the left, this may intimidate the person you are conversing with and this defeats the purpose of lowering room for judgement.

At first many people have to force themselves to make eye contact for quite some time before it becomes a habit. However, you will find that once you get into a habit of making good eye contact you will naturally feel more confident in all situations and scenarios.

3. Exercise & Healthy Eating

Appearance is the number one cause for low self-esteem around the world. Improving your physical appearance can do wonders for your confidence. Exercising often is the best way to make yourself both feel better and look better.

Exercise of any kind will release endorphins which are chemicals released by the brain during exercise that enhances that feel good mood and sends a pleasurable feeling through your body. Exercising on a regular basis will improve anyone’s physical appearance and subsequently their self-confidence. You feel good, you smile more. You smile more you feel more confident, there’s a pattern here isn’t there?

Do know, that 70% of weight loss starts with your dieting, so find a diet that works for you and implement an exercise routine that you are happy with. Just make sure it is a routine you enjoy otherwise your fitness regime will be short lived and you will see little to no improvement.

4. Dress Sharp

Have you ever heard the saying “when you look good, you feel good”? There is a lot of truth to that old saying. When you dress sharp it has a positive physiological effect resulting in improved interactions with other people. You will also feel changes in the way that you carry yourself, which enhances your level of comfort in every day situations.

Dressing sharp is an easy and immediate way to increase your confidence. This has been studied and proven to be very effective in immediately increasing confidence levels.

5. Compliment Others Often

Get in the mindset of thinking positive. This will allow you to see the good in people and compliment them on their strong points. So how is this going to help boost your self-esteem? Well, when you compliment others you are ten times more likely to get a sincere compliment in return. This will reinforce your strong points and push your positive characteristics to the fore front of your self assurance. Go easy on the compliments though, you don’t want to come across as a groupie.

6. Help Those Less Fortunate

While this may seem counter productive to your happiness, helping those less fortunate is one of the most empowering feelings in the world. Those who do community service often have incredibly high self esteems, self confidence, and a great outlook on life.

The empowering feeling of helping others builds self confidence in yourself and helps you to realise that you are abe to make an impact in this world.

Tony Robbins said it best - ”The secret of living is giving.”

7. Face Your Fears & Don’t Fear Failure

This a huge reason for low level of confidence in millions of people. Our fears have incredible control over us and affect the way we feel about ourselves. When we fear something we feel weak which is the same as not feeling confident. In order to overcome this you have to face your fears in life. Do not avoid the things that you are incredibly afraid of. The better way to go about it is to face your fears and get to understand what you fear instead of running from it.

Learn to never fear failure. Everyone in life fails numerous times. A couple of failures will not define your life. The way you respond to these failures is what defines you.

  

8. Carry ‘Confidence’ With You

Carry it with you, just not on your shoulders. Now what I mean by this is you should not look like you are trying to be confident and stressing about how you come across.

There are a number of ways that you can exude confidence physically and here are a handful we have to share with you:

- Speak clearly and with a reasonable volume

- Be conscious of your posture

- Don’t cross your arms as this shows insecurity

- Use your hands to explain things, this helps to draw your crowd a vivid picture of your explanations

9. Fake It, Til You Make It

We have all heard this term used before but it is very applicable when it comes to self-confidence.

If you find yourself in a situation where you feel vulnerable and not very confident, this is the time to switch on your fake it to make it mind set. Use the characteristics of confident people and apply them to your immediate situation. Look for a role model in the moment, someone you look at as a confident and charismatic person, whether it be a character, a movie star or someone that you have felt comfortable around before.

These will become habits of your own within time and will definitely pay off.

Cheers!

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