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For Everyone Wondering What They Should Do

 
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KevDev

posts: 96

May 28, 2008 1:45 PM ET    Quote  Report Abuse
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Every week someone asks here, "I want to start a business. How do I know which one?"

Check out this 3 minute video from Richard St. John on the TED website. He explains, very quickly, the secrets of success in 8 words.

(You can also download as a podcast or transcript.)



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CraigL

posts: 9051

May 28, 2008 3:37 PM ET    Quote  Report Abuse
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One of the biggest problems we have in modern society, I think, is the decline in separation between thinking and feeling. A hundred years of "modern education" has refocused people on their feelings, rather than on the principles of analysis, logic, thought, imagination, and follow-through.

Ayn Rand coined the term "secondhanding," which essentially means taking a concept and removing all its internal references, then using that word or phrase as if it actually has meaning. A lot of inspirational speakers and so-called coaches do this sort of thing. It`s not a bad thing, really; it`s just that it doesn`t accomplish anything.

In the video, we hear about 8 "things" a person needs in order to be a success. There are some definitions, all of which are anecdotal, and we`re given to believe that the full-length seminars go further into detail. I doubt it, having seen a lot of these types of discussions.

The problem of anecdotal definition is that it doesn`t really say or do anything for the individual who`s trying to develop their thought process. These types of definition (a loose association to the word) offer us countless stories and examples of what other people have done. The implication is that by watching those people we "somehow" will make a leap of intuition and arrive at a proper definition.

Here on Startup Nation we`ve had several discussions about the objective meaning of "passion," for instance. We know that passion falls within the category of emotion, but what exactly is it? If we don`t know and can`t make that guess-by-watching, where does that leave someone?

Inspirational talks make people feel good. The audience leaves the room with a feeling they`ve actually done something, accomplished something, and learned something. In most cases, though, they haven`t changed from when they went into the room. They still have to go *do* something. As soon as they try to do that something, they realize they`re no better off than when they started.

What`s sad, is that underneath the feel-good language are true concepts with real meaning, and powerful capabilities. Passion, persistence, service, inspiration---all these are terms and concepts applied to what has made humanity so different from animals. Education used to mean the development and fostering of these traits in children.

We "feel" things automatically as part of our biochemistry. But to think requires learned skills---especially to think rationally. Feeling good about an idea isn`t at all the same as doing something useful with that idea. It`s like the old joke where someone asks what makes a consultant. In many examples, all it takes is waking up one morning and saying, "Gee....today I feel like becoming a consultant. :-)
CraigL2008-5-28 15:39:20
TigerTaco

posts: 337

May 29, 2008 3:28 PM ET    Quote  Report Abuse
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Oh how I`ve missed hanging out here ... always makes me think and smile (logical and emotional chemical reactions in my little nut of a brain!~)
 
It is a cool little video and he has Craig beat by five (5) words:
"what leads to success?" = Passion, Work, Focus, Persist, Ideas, Good, Push, and Serve
"Success = Passion, Patience, Persistence!" ... I`d think patience and persistence are similar so maybe it`s six (6) words!
 
Talk is cheap, feelings are fickle/fleeting, and success isn`t an absolute past the moment of "mission accomplished" measurement by outside observers ... in my case it`s my father who said, "how come I`m most comfortable in the home of my least successful child".
 
I don`t think "what you should do" can be based on anything objective or measurable, but on what can you stand doing regardless of being seen as a success or any validation beyond your own personal feelings of self-worth.  I think therefore I am; and as long as I am, I`m not dead and that`s success over life`s one absolute!


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Chris Miller, a simple taco maker:
The Tiger Taco home in the U.S.A.
Tiger Tacos in Australia
Tiger Tacos in the United Kingdom
CraigL

posts: 9051

May 30, 2008 3:49 AM ET    Quote  Report Abuse
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LOL!!  "Success = Not Dead!" I like it!


TigerTaco

posts: 337

May 30, 2008 8:46 AM ET    Quote  Report Abuse
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he-he-he ... I need to raise my sights a bit more as that`s kind of eliminates any partial success (Romero`s movies aside!~)

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Chris Miller, a simple taco maker:
The Tiger Taco home in the U.S.A.
Tiger Tacos in Australia
Tiger Tacos in the United Kingdom
Jun 05, 2008 12:44 PM ET    Quote  Report Abuse
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This is an interesting dialogue.  I have a slightly different angle on it.
 
In my way of thinking Success is in and of itself a life experience, not a milestone or finish line to cross.  As such, success is multidimensional and people can experience success in some dimensions while not experiencing it in others.  For instance, I might experience a great sense of success and accomplishment with my family relationships while I perhaps experience a lessor sense of it in my professional endeavors.
 
You might to live successfully means that youy have created a life that allows for you to experience success in all areas of life.
 
Here is the US, we are taught that there is stress, sacrifice, struggle, and perhaps pain associated with accomplishing success.  This set of (limiting) beliefs is in fact what keeps people from experienceing success in the truest sense of the word.  They tend to look at success as  a result of something they DO as opposed to as a way of being. 
 
It has been my experience in 38 years of bulding successful businesses of virtually every imaginable kind, that success, no matter how much money is involved, cannot be experienced if you are not being who you want to be and are not doing what you love to do.
 
Steve Little
 
 
 
We are taught


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============================================================
Steve Little: Business Success Coach, Miraculous Retirement Coach, Professional Fitness Coach,
Champion Bodybuilder, Author, Musician, Artist, Master Craftsman, and Entrepreneurial Multimillionaire

www.championsuccess.com
www.secretforentrepreneurs.com

http://blog.championsuccess.com

Phone: 408-847-7052
Saber102

posts: 30

Jun 19, 2008 10:04 PM ET    Quote  Report Abuse
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This is really great dialog gentlemen...thank you. I could go on and on about success, what it is, what it means..bla bla bla, but I`ll just share my experience of meeting many, many wealthy people and what they do, or did to become wealthy, and what I`ve learned from it.
 
The majority of self-made wealthy people (not inherited or taken over the family business) I`ve met litterally stumbled into their own business or got lucky.
 
Most        : failed at many different jobs and businesses but kept trying.
                 Network well or just know a lot of people. 
                 can `spot` a good opportunity. 
                `do` and take risks.
                 are not the smartest people on the planet but have hired smart people.
                 are really nice people to be around.
                 are brutally honest
                 didn`t follow their passion, but after they made a few bucks, could do what they        wanted 
 
Well, that`s some of the list...I`m sure there`s more from my experience in this little corner of the world.
 
 


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If you want something you have to MAKE IT HAPPEN. No excuses. Take responsibility for your life. You have to push, push, push, and NEVER quit.

If you`re going to play the game, you have to know the rules.
bizenez

posts: 8

Jun 22, 2008 8:03 PM ET    Quote  Report Abuse
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I also have a comment about the common question that alot of people ask "What`s the best business to start"? Before I got interested in business I was going to school for computer technology because I enjoyed computers and wanted to make alot of money, but I soon figured out that while I enjoyed using them, it was boring to build them. It just wasn`t my thing even though I`m a computer junkie.
 
Alot of people will ask the question, whats the best business to start or how can I make alot of money? And the question that I ask them is, do you really know who you are and what you want in life? The most important thing that you must understand before you start a business is that you should know yourself very well and have the right mindset.
 
Anytime you start a business you will usually work alone and your customers will be use to dealing with you. If you need money to start the business, the investors have to know that it`s something that you`re very passionate about and something you will put 110% into day in and day out. This kind of committment is necessary because when you first start your business you will be putting in tons of hours a day, a week and year. If it`s not a business that you will enjoy, will you stick to it when things get tough and profits are tight. Investors do want their money back plus a profit. Why else would they invest?
 
You also need more than just determination and a great idea to make a business sucessful and to grow it large enough to eventually cash out and make a profit. YES! when you start a business you should alsways have an exit plan because one day you will want to sell the business in order to pay your investors back and also make a nice profit so that you can retire or pursue new ventures of your own. Nobody wants to work hard at one certain business for the rest of their lives without trying something new. It`s like eating Oatmeal every morning for the rest of your life.
 
But before you can experience all these great things you first must have the attitude that you will succeed no matter what and will do whatever it takes to make it work. This is where the risk comes in and before you take a risk you must first know how much risk you are willing to take. Some businesses take thousand and even millions to start and sometimes requires to to put something big up for collateral such as your house. If this is too much risk for you, don`t start that kind of business or any kind of business at all if you`re not comfortable. Theres plenty of cheap business you can start without having to go into debt. Again, know yourslef.
 
Alot of great business ideas fail while alot of not so good idea suceed because of one simple fact. Businesse are made up of dedicated, smart, innovative people who know how to make any kind of business work that they love doing. When the right pitch is made to the right people they are willing to invest. When the right marketing is used towards the right customers money is made. And when the right attitude is applied to hard work and and dedication and the company is sold at the right time to the right people, all that hard work pays off nicely.
 
Untill then take care of yourselves, have enough balance in your lives, and keep thinking positive.
 
Andy
Bizenez
 
bizenez6/22/2008 8:08 PM
wdarling

posts: 2

Jun 22, 2008 11:55 PM ET    Quote  Report Abuse
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Hi, I`m new to this site but this is a great thread. the right attitude is key, isn`t it?

i don`t know if you guys are familiar with Bob and melinda blanchard, but their website is called live what you love and their philosophy is based partly on their practical experience as people who have started 10 businesses together over the years (some successful, others not) and partly on a real determination to live a happy life.

they are big believers in reacting to the events in your life, and making changes accordingly. they have a very positive approach and I`ve really been enjoying their blog and when i ask questions in the comments they`ve been really kind about responding with advice.  i think the blanchards are an excellent resource for anyone who is considering starting a business and needs a positive place to get information and advice!

wdarling6/23/2008 12:07 AM
Rich

posts: 1738

Jun 23, 2008 12:23 AM ET    Quote  Report Abuse
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wdarling, can you provide some of the things you`ve learned from bob and melinda? we`d love for you to share your wisdom right here! i`m sure bob and melinda would appreciate you spreading their "gospel", too, right?! let`s hear it! we`re all about life planning.

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Rich Sloan , Co-Founder, Chief Startupologist, StartupNation
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