It’s true: having a good business idea is a tiny part of success in business. Much more important elements of start-up success are finding a sustainable and scalable business model and execution, together with a superior strategy, resilience, building a winning team and so on. Nevertheless, a good business idea presents the beginning of everything. It’s the first step you make. It’s the spark that ignites your fire and fuels your vision and everything that enables you to engage other people and resources. Getting a good business idea is also usually a process, not a single event. That’s where most people
A very important fact of problem solving is that we can't solve problems by using the same kind of thinking we used when we created them, as Albert Einstein’s famous quote goes. In life, you will definitely face many problems and sometimes even severe setbacks. From time to time, life will seem totally unfair, hard and burdensome. Sometimes you may even feel like there is no solution to your problems. But in fact, there is always a step you can take towards a better life. Many situations in life demand from you to be creative and find an innovative solution. Proactively
A very useful concept in life to understand is that you don’t have to do everything with the same speed. Sometimes going fast means being the least productive at all. Knowing how to slow down enables you to enjoy life more, build a better life strategy and, in the long run, allows you to be even more productive. The concept of using different speeds in life is important in personal as well as business life. Different speeds in your personal life There are things in life that you should do extremely slowly and there are things you should do extremely fast.
By far the biggest waste in life are cognitive distortions. Cognitive distortions are all extreme negative thoughts that bring bad feelings as well as longer periods of depression or severe negative moods sooner or later. You simply can’t live a positive life with a negative mind. By having too many cognitive distortions, you’re trapped in living a zombie life, seeing the world as very dark and full of terror. What a waste. There’s good news and bad news regarding cognitive distortions. The good news is that you can get rid of cognitive distortions and live a fuller and happier life. Without
The higher the skyscraper you want to build, the stronger foundations you need. Without strong foundations, the skyscraper will collapse sooner or later. It’s the same with achieving your goals in life. The more ambitious goals you have, no matter in which area of life, the stronger foundations you’ll have to build. The secret to setting strong foundations lies in Bruce Lee’s quote: “I fear not the man who has practiced 10000 kicks once, but I fear the man who has practiced one kick 10000 times.” Building strong foundations is a process. It takes patience and time, and you must do all the boring work over and over again. The skyscraper that everyone admires is the final result. Without the process, there is no final result.
An important fact in life is that with time, the hard road becomes easy and the easy road becomes hard. If you don’t make steps forward in life, you go backwards. If you don’t improve, you regress. By putting in extra effort and stepping out of your comfort zone, you level up your skills and become more competent. It’s also true that to achieve your maximum potential in life, you must have a long-term perspective and the will to curb your desires for instant gratification. But to stay motivated, you also need to see the results of your hard work as
Your body is wired to save as much energy as possible. You’re wired to be afraid of the unknown and resist changes at all cost. You, just as everyone else, like safety and easiness. To survive. But you’re also a curious being. It’s in your nature to strive for progress and personal development. To thrive. Much like staying in your comfort zone is programmed in your genes, so is your desire to achieve your peak performance and experience new things. Thus you have to keep pushing yourself out of your comfort zone. You always have to push yourself through your doubts and insecurities. You have to constantly push yourself to focus more and remove waste from your life. The moment you stop pushing yourself is the moment you stop growing. You should constantly improve yourself. You should always challenge yourself. You should always push yourself to become the best version …
Should you focus in life or not? Here is the right recipe: When you are searching for your personal fit, you shouldn’t focus, but instead be driven by curiosity and creativity. Your goal should be to find the right thing to be passionate about. When you find your personal fit, you should definitely brutally focus. Without focus, you don’t have the sharpness needed to really achieve the mastery level. When achieving a certain level of mastery, you should take a step back and look at the forest again. Maybe it’s time to broaden your horizons and focus on a new thing. Learn more about it.
There is a saying in the start-up world that the “product-market fit” cures many sins of management. What this means exactly is that when you’re starting a new business (and even later), you do make many mistakes. Setting the wrong prices, hiring the wrong people, mismanagement etc. But if you have a product that customers crave, if they're prepared to pay a solid price for it (and your profit margin is high enough), then you can survive making more mistakes. On the other hand, if you don’t have a “product-market fit” or you are starting business with low margins and a small volume, even the smallest mistakes can throw you out of business. Let's look how this rule applies to the personal life.
While the concept of T-shaped skills is not so new, it is now more important than ever. The world is becoming more and more complex and T-shaped skills are a razor that can cut through all the complexity. Your T-shaped skillset must constantly become broader (- general knowledge) and narrower (| specialized knowledge) as the world becomes more complex, nevertheless having T-shapes skills is one of the biggest competitive advantage you can have in the creative society when contributing value for the markets or when achieving your goals. Let’s see why. Well, to really understand the whole story, we have to go from