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Monday, September 24, 2012

The price of humility

This is one of the most important words in the Entrepreneurial World. Being humble is to avoid bragging about your success, never feeling that you know everything and that you are above everyone just because you have something they don't; unfortunately not a lot of people like to practice this and they pay the price with their health, wasted effort and peace of mind.



Why humility is so important? 

Because it affects everything you do in your daily life and it can really affect the way you interact with other people and the results you get when them. Lets look at some of the most glaring examples:

Example #1 Teamwork


Regardless of the path you choose to walk on, you will always need help. You can't do everything alone, it's just not physically possible and it has serious health consequences if you try to do it. Depending of your level of humility, you can choose between accepting help and work towards a bigger and beneficial goal or refuse help and try to do everything yourself (and get tired, frustrated before achieving anything)

Usually, one of the greatest weaknesses of new Entrepreneurs is that they don't want help, either for fear but usually because they think that people don't know what he is doing and he/she alone is enough to handle all...epic mistake.

Example #2 Learning 


As I already mentioned on the Learning your way article, learning is very important in the Entrepreneurial life. What we learn, how we learn it and how we apply it depends on our level of humility regarding our knowledge. Entrepreneurs and Employees alike need to know a little bit about everything so they can overcome the daily obstacle. The people that think that they know everything and that they don't need to keep updating their knowledge are the first to go down when things turn ugly; that or they learn through hard hits rather than with words...hardly the most happy learning experience.

Accepting that you still need to learn and asking for help to others doesn't make you less intelligent, in reality it means that you strive for something better and that you are highly interested on keep going with your projects.

Be humble enough to recognize your mistakes


Remember that humility is not to think less of yourself, it's to think of yourself less. Be humble enough to recognize your mistakes, ask for help when you need it and most importantly to help others in need. After all, karma, believe or not, it's a very strong thing in the Entrepreneurial World and what you do to others and for others will be returned to you. 

Sunday, September 16, 2012

Keep it Short and Simple

complexity
In modern society, every aspect of our life is focused on complexity.

The older you get everything gets more difficult to understand, tools gets more complicated to use, service gets more bureaucratic and even simple things like having an interview gives us anxiety because you have to be mindful of how you seat, which clothes you use, what color, what you speak, how you speak it, etc. etc. etc. because you might send a wrong message to your hopefully future employer. The simplicity of childhood leaves and you are left with the increasing complexity of society.

Business Insider Simplicity


When I was in the University, I noticed that the more complex I did my homework or labs, the higher the grade I got; there were a few exceptions but the overall trend for everyone was that we need to go way deeper, use big technical words and write a lot about a particular subject.

When I went to work and I submerged myself in the world of Analysis, I encounter something very interesting. I wrote my Analysis the same way the University taught me how to, I explained with luxury of details what was happening but apparently all was wasted. What happened?

The people who took the time to read my work skipped the most important parts and always asked me afterwards: "what was that report about?". I was surprised, a little angry but I found that people want things simple, they want only what they need, not any complicated mumbo jumbo. I was forced to destroy my University teachings and began to taught myself how to keep my work Short and Simple.

What happens in the other side of the Business


Customers were the same as my employers. They wanted things simple, short, fast and without any kind of complicated bureaucracy or conditions. I noticed that this was a trend not only in my work but in every business related aspect of every modern company. This was a huge area of opportunity waiting to be exploited!

How does this constant search for Simplicity affect us?


After all, not only we are employees, business owners or students in some way or another, we are customers too! We know what we want and how we want it; it's a little confusing why we are unable to offer the same simplicity to our other customer companions. 

In order to exploit this area of opportunity inside and outside ourselves we must be mindful and practice the following simplicity rules:

  1. Unlearn: Not all the knowledge and actions are necessary or useful. Don't doubt when discarding useless knowledge, more so if you are presented with new knowledge or opportunities.
  2. Relearn: If you Unlearn then you must Relearn something. Life is a constant learning process. If you want to know more about it read my previous article Learning your way to have a better reference.
  3. Adapt: Knowledge is useless it can't be applied. Remember to adapt what you learn to your current or future situations and keep yourself ready for sudden changes. 
  4. Improve: You must change what you learned and practice to be better than before. Here is where Simplicity comes into play. Reduce complex procedures and actions and maintain the bare minimum.

simplicity
Apply these 4 steps to reach Simplicity to every aspect of your life. You will begin to see that not everything requires a very specific and complex knowledge to do so and your path will be as clear as the picture at the right; this is specially true to Entrepreneurs who think that starting something on your own means that we must know about all the aspect of the world.

Remember that there is something called "Paralysis due to Analysis" which prevent us from doing anything because we are waiting to decipher all the complex details of something; it's a really serious decease but it can be cured with Simplicity. After all, "Less is More".

As a side note, I will be making more simplistic post from now on so I can remove the obvious and leave you with what is really meaningful. I don't want to bore you with long stories and roundabout text so expect more straight to the point point writing from me. See you next time!

Sunday, September 9, 2012

Who is an Entrepreneur?

Entrepreneur
Entrepreneur, an obscure word

According to society, this word describes a person who established an Enterprise, who is a company owner and has risen above all employees.

The term is a lot simpler and broader than that...
"Entrepreneur is everyone that moved by a necessity, make their ideas come to life either by willpower, intelligence or money."

Being an entrepreneur doesn't mean that you are a business owner, nor that you will risk money either. There are many people that make enterprises without them and they are successful. Keeping that in mind, there are a lot of different types of entrepreneurs, here are the main ones:


Business Entrepreneur

This person converts ideas into assets that are translated into money. Examples are company owners, empowered employees and salesmen.


Social Entrepreneur

This person convert ideas into resources that helps his or her community to improve. Good examples are: teachers, field medics and psychologists.


Scientific Entrepreneur

This person converts ideas into theories and then into formulas and experiments so we can improve our lives and technology further. This groups contains physicians, biologists, and economists.  

Ideology Entrepreneur

Ideology Entrepreneur

This person converts ideas into passion and philosophy to make his peers reach a higher understanding of life and the world. Here are writers, philosophers and artists.




As you can see, the world let us make a company out of almost everything. It depends on our willpower to change things around you to make them better. An employee with a new idea on how to make something more profitable, a doctor who find a new decease, an engineer that made a material stronger to last more on earthquakes, an architect that tried a new structure design, all of them are entrepreneurs.

Size doesn't matter


Aside from the types of entrepreneurs there is also the matter of the size. When someone talks to you about a company, a business or something similar you only imagine someone with a physical spot on some kind of market, a big building with tons of employees, a well established restaurant or something similar. Well, the thing is that you don't really need size to be powerful or big, nor any physical thing either. This has been confirmed all over again by Online Enterprises that are worth in millions and are managed by 3 employees with a laptop each; all they needed were their ideas, their willingness to learn and the willpower to keep going.


The real message here is:
"Everyone that makes an idea a reality is an entrepreneur, no matter if it's a product, a theory or an ideal of life. Regardless of the size or complexity of the goal or of when or where you do it, if you made it through, you become someone different, better and wiser, a real entrepreneur." 
Now that you know this, what kind of entrepreneur are you?