My passion to succeed in business along with a long daily commute allows for time that forces me to sit down, listen up and stay focussed. I keep podcasts and audible books on daily rotation keeping leaders who are currently influencing me either personally or professionally in my ear. The method allows me to constantly be learning in the process, creating a knowledge advantage and competitive edge while having fun and keeping me interested in the movements and changes in the market.

Learning to make the best of your time is an art form within itself and I believe that any time felt progressing your own self development is key the success and value of any idea, business, relationship etc.  

On a recent episode the hosts sat down with Entrepreneur, Daymond John of Sharktank to share insight from his new book, The Power of Broke available here Purchase. I am adding the book to my wish list now on Audbile and hope to have a full review of the book up and running shortly.

 

For now here are some of the key points I took away from this listen. The second half of the show features an equally amazing section from Dave Ramsey, with a book entitled No Magic No Mystery in regards to the momentum theorem and how you can snowball on positivity. 

No such thing as an overnight success - Every overnight success has taken 15 years. Nothing is ever going to be perfect. 

Learn the process -  Everybody has a plan until you get punched in the face! The process gives you the rejection muscle, it gives you the knowledge of who's willing to stick around you, who is willing to think outside the box, who leaves. 

Take affordable next steps - If you jump to taking out the loan to quickly (without the knowledge, research and understanding of the market and growth structure) and cut out the process, you have a loan on your business that you have to close because you can't pay it back. Start small and learn the industry and the problems you face on a small scale before adding more money to the equation.

The 3 Rules and learning when to stop - Did I have a passion for what I was doing? Did I do my homework and research? Did I surround myself with the right people? - If one those three things are missing I close the door. 

Final Words from Daymond, 

"There is a fine line between what we have to do and what we want to do. And how do we get more of what we want to do and what we have to do. You have to set and stay to your goals and you have to be ambitious with them, but you also have to be very disciplined in regards to that. The first person you have to be honest with is yourself. What do you want? Why are you taking this action? What is the real purpose behind your goal?" 

 

Find a link to the full podcast here: https://www.entreleadership.com/podcasts/daymond-john--lessons-from-the-shark-ta

And let me know what you think!

Alex

 

 

 

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