Thinking Big, Why Failure is So Important
Mother knows best says Shark Tank’s Daymond John, a multimillionaire entrepreneur and one of the investor’s on the popular TV series. In an interview with Entrepreneur magazine, John credits his mother with teaching him, “It takes the same energy to think small as it does to think big. So dream big and think bigger.” He also believes in the importance of setting goals. “Five days a week, I read my goals before I go to sleep and when I wake up. There are 10 goals around health, family and business with expiration dates and I update them every six months. I believe the last thing I read at night will likely manifest when I’m sleeping. You become what you think about the most.”
Interested in finding new ways to increase your intelligence and learn more? According to Inc’s Kevin Daum, there are “5 Things That Really Smart People Do”:
- Quiet your inner voice
- Argue with yourself
- Act like you are curious
- Find the kernel of truth
- Focus on the message and not the messenger
Increasing your intelligence doesn’t guarantee success but according to Jody Coughlin, the CMO and co-owner of Chic CEO – a free resource for female entrepreneurs, in “Why Failure Is So Important To Success” for Forbes, failure might. “Failure and more importantly studying others’ misfortunes is one of the most important educational tools we have. In fact there is an entire convention in the Bay Area for technology entrepreneurs, investors, developers and designers to study their own and others’ failures and prepare for success, thefailcon.com.” Have you studied other businesses failures to make sure your business succeeds?
By the Way, the Facebook Notice is Fake
Facebook has been chipping away at its users’ privacy again. So, a number of Facebook users are up in arms over Facebook’s decision to eliminate users’ voting rights that only 1 in every 2,600 users had exercised. That caused quite an uproar and as Mashable reports “A ‘privacy notice’ that’s been virally spreading on Facebook, supposedly protecting one’s personal details and data from unauthorized copying, is fake.” What’s a Facebook user to do? According to Mashable, Simply put, Facebook and its users are still bound to the same terms and conditions that are accepted by users when they sign up for the service, and posting a legal “talisman” of this kind on your profile does nothing to change that.
Have you checked out your LinkedIn profile lately? Maybe it’s also time you audited how you are using LinkedIn. “Businesses that navigate LinkedIn properly engage customers, generate sales leads, and swap internal information among employees,” reports Alyson Shontell in her Business Insider article “13 Mistakes Your Business is Making on LinkedIn.” The biggest mistake companies make is neglecting to list their companies on LinkedIn writes Shontell. Another common mistake is your employees haven’t put much effort into their LinkedIn profiles and it shows.
Fast Company has just compiled and published a list of “The Best Business Books Of 2012: Find Fulfillment, Get Productive, And Create Healthy Habits”. Drake Baer reports, “These 12 books have shaped not only the way we work this year, but how we think and the conversations we’re having. Authored by luminaries like Nate Silver, Clay Christensen, and Susan Cain, these delightful-to-read tomes offer insight into the power of vulnerability, habit, social media, and more.” This list might be a good place to start for stocking stuffers or for your 2013 resolutions. Added tip, check out the comments section for even more for your reading list. Still not sure what to get your loved one this holiday season? If so, the Business Insider has compiled a “Holiday Buyer’s Guide: Here Are The Best Gifts In Tech This Year”. The list is chalk full of tablets, smart phones, Apps, cameras, and other electronics to review. What gift do you recommend?