Saturday Musings – The Secret Power of Entrepreneurs

Saturday Musings – The Secret Power of Entrepreneurs

I’ve been an entrepreneur all my life. I started my first business when I was sixteen years old and now thirty-four years later I’m still at it. Along this journey, I’ve learned a number of things about being an entrepreneur and the very first of them is the power you have in making decisions.

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Sadly, I’ve found that many people opt out of making decisions and they effectively let the world make them for them. They make the trade-off between financial security and doing that thing they dream of always pursuing. As the year’s tumble by and their obligations creep upwards the dream becomes ever more elusive.

The gap between them taking the leap of faith is actually within their hands but the terror of wondering if something went wrong halts them from taking the first step. I often wonder what is more terrifying? Failing in the pursuit of a dream or living with the regret of never tried.

I’m not advocating “leaping where angels fear to tread” but some people just need to make the decision to go for it! Get good sound advice, do everything you can to minimise the downside and work like the blazes at your dream.

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Interview with Stevan Lieberman

Interview with Stevan Lieberman

Stevan Lieberman is well known to the domain industry in his capacity as an intellectual property lawyer. What not many people know is he is also an investor and entrepreneur.

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In this interview Stevan shares about some of his investments and the progress he is making with his latest business - Digital Candy. I hope you enjoy watching the video as much as both Stevan and I did sharing from one side of the world to another.

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Personal Musings - Being Generous...

Personal Musings - Being Generous...

It’s that time of year, where the tree is trimmed and Christmas is in every shop window enticing us to buy, Buy, BUY! Despite the commercialisation of Christmas there is an underpinning of good-will and generosity that permeates the air. So what is generosity and why is it so important?

For a start, people often view generosity as something that involves money. This is only one of the facets of generosity and depending upon your circumstances it is often the easiest one to enact. There is no reason you can’t be generous with your time, your attention, or your love. Generosity is more of an attitude of life rather than doing something at a point in time.

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For example, there is nothing worse than talking to someone that is constantly looking at their phone. They are being a miser with their attention as they constantly tell you that someone else is more important than you are. It’s also just plain rude.

If a person is to be generous then it must be an act of free will. This seems obvious but have you ever been to a restaurant with someone where they’ve waited for you to pick up the tab? They’ve essentially stolen the joy of being generous by manipulating the situation for you to pay…..not cool.

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Being Focused

Being Focused

One of the biggest challenges many businesses face is deciding which opportunities they should focus on and which they should leave for another day. It’s so easy to become seduced by one opportunity after another, only to find that none of them are concluded and their value isn’t realised.

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Over the years, I’ve watched a number of businesses go bankrupt by mismanaging opportunities and becoming confused over what they should be working on. The owners didn’t make the difficult decisions to shelve a great idea, not do some development or say no to a fantastic potential partnership.

If you find yourself surrounded by opportunities and wondering which one you should pursue then there are a number of questions that you may wish to ask yourself. By addressing these questions then you’re very likely to gain a clarity to your thinking that will help you make wiser decisions.

Why am I in business?

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Saturday Musings - I'm Exhausted and Loving It!

Saturday Musings - I'm Exhausted and Loving It!

Have you ever worked so hard that you literally fall asleep at the keyboard? Well, that was me this past week. In the wee hours of the morning I awoke to the uncomfortable feeling of the “A” key pressed into my cheek. So what spurred me into this fanatical desire to work myself into a stupor?

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It all began with an idea. Ideas are very dangerous things and normally should be avoided at all costs but in my case I made the mistake of letting my idea germinate. I couldn’t stop thinking about it so I took the next step in my journey into oblivion….I picked up a pen and sketched on a piece of paper how the idea could theoretically be built.

The problem with this stage is the idea was really beginning to take shape. This of course made my singular focus even worse as it became an all-consuming fixation of seeing it come into reality. In some-ways it reminded me of Victor Frankenstein prior to throwing the switch to seeing his creation come to life.

I’ve said this to the ParkLogic tech-team and I’ll write it here. There’s nothing more dangerous than a person (ie. me) with some rusty old tools, a plan, and a vision. So I dusted off my programming skills and got to the work of breathing some life into my idea.

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