Monday, 22 September 2014

9 Entrepreneurial Routines for Success and Happiness

By: Janet Choi via LinkedIn

Whether it’s a nice cup of tea or coffee or reviewing your diary — routines and rituals help forge the discipline, energy, and mental space to consistently make progress.
We reached out to some productivity superstars to ask:

What is one routine that contributes to your happiness and success?

Routines and rituals are inherently very personal. What works for you won’t necessarily work for somebody else — but the main takeaway here is to prioritize aspects of your life to create balance. Here's what they had to say:

Nurture your health.

1. Make exercise a priority — especially when you're busy.


My most important routine is getting some exercise each day. Whether it’s getting out on my bike, going to yoga, or lifting a few weights at the gym, making that a priority makes me a happier person. Without that ritual, I get grumpy, so even when I have tons of work, I fit it into my day.
Alexis Grant, Founder, Socialexis; Managing Editor, Brazen Life

2. View exercise as an energizer.


Daily exercise in the morning gets me energized and fired up for the day ahead. Exercise makes me feel happy and great about myself. This then flows into the day and helps me stay focused and sleep better.

Research has shown that exercise is a keystone habit which makes other habits much easier to develop. My exercise habit has spawned off a number of other habits, such as daily meditation and an evening walk — which also contribute to my personal happiness and success.
Joel Gascoigne, Co-founder & CEO, Buffer

3. Bike to work.


Biking to work, and taking the long way home. Being at the helm of a growing startup while finishing up my undergraduate education means it is difficult to ever truly unplug. The way that I plant two flowers with one seed (my dad raised me not to kill birds) is by biking to work.

Although it is only two miles each way, it is a decent amount of exercise that I automatically get each day, and biking is wonderful solitary time. I often take the long way home or do a lap around my city late at night to clear my mind or shake up my thinking about a problem.
Khalil Fuller, Co-founder & CEO, NBA Math Hoops

Connect with family, friends, and yourself.

4. Spend time with loved ones.


Taking a walk on the beach with my 22 month-old-son every morning.
Ari Meisel, Achievement Architect, Less Doing

5. Recharge with "me-time."


Mindful meditation and 'me time.Work will always be there. The stresses of life and of tasks left undone will always be there. Those are the constants, and how we react to them is the variable. How we’re able to affect change is the variable.

So instead of constantly struggling to get ahead, I make it a point to take an hour of each day, or sometimes a whole afternoon in a week to recharge. This is the time I spend refueling, doing creative things that not only satisfy me but give me ideas for the work I’m doing. I also feel less like my clients own me, because I’ve made a decisive effort to take back and own my time.
Felicia Sullivan, Writer, Baker, Digital & Consumer Marketer

6. Unplug from your devices and tune into your head.


Once a month, I get to completely zone out and just think. Since I live in San Francisco but work for General Assembly, which is based out of New York, I spend a lot of time on airplanes. At first I was dreading the frequent cross-country flying but I’ve grown to love it. Sometimes I read, sometimes I code, sometimes I write, but going off the grid for 5-hour stretches allows me to come up with thoughts and ideas that just aren’t possible for me on a normal workday.
Nathan Bashaw, Dash Builder & PM, General Assembly

7. Get up early.


I get up at 6:00 a.m. to have an hour to myself, before the rest of my family wakes up.
I don’t do heavy writing work, but just catch up with my email and social media. Clearing the decks in this way helps me feel calmer during the morning rush, and means that when I sit down at my laptop to do real writing, I’m not distracted by wondering what’s in my various in-boxes and updates. Plus I love the quiet, still atmosphere of morning.
Gretchen Rubin, The Happiness Project

Treat yourself.

8. Critters and vacation.


Adopt a pet. I had two kittens during Meebo. At the end of a long day, nothing soothes your nerves like being greeted at the front door by warm, fuzzy critters who think you’re wonderful. In the thick of Meebo, the weekdays and weekends flowed together so I planned 3-day weekends to refocus. My favorite California trips include the Phyllo Apple Farm, Mar Vista Cottages, and kayaking in Point Reyes.
Elaine Wherry, Co-founder, Meebo

9. Coffee breaks.


I buy coffee (usually at Peet’s) each morning on my way to work. It feels like a splurge but it’s totally worth it. Caffeine makes me a happier, better person — and I get through emails that much faster!
— Angie Chang, Co-founder, Women 2.0; VP Hackbright Academy

Monday, 8 September 2014

FROM DEBT TO WEALTH IN FIVE STEPS

A young American businessman was walking down the street with his wife sometimes in the early nineties. They came across a homeless man and our young businessman said to his wife, “that man is richer than I am”, “I don’t understand” said the wife, then our young businessman responded: “that man is worth Zero, he is richer than I am because I am worth -$900,000,000” referring to how staggeringly indebted he was. Today, Donald Trump is worth over $9billion.

On the average, seven out of every ten people are indebted one way or the other. In the Nigerian economy where there are huge economic challenges, the ratio seems even higher. However, in spite of these mounting debt issues, everyone still aspires to wealth. We have unfulfilled dreams and visions. How then do we make the leap from indebtedness to wealth like Donald Trump did? 

 

STOP DIGGING: If you wake up one morning and find out that you have dug yourself into a big debt-hole, the first thing to do is to stop digging. It is commonplace to see people borrowing more to settle previous debts. This approach will only get you deeper into debt. If at the time of reading this you are in debt, resolve to stop borrowing. Be responsible, go to your creditors , own up to them and ask them for a fair period of time to settle your debts. Create and show them a loan repayment plan. Thereafter, work your socks off. Do whatever you have to do (within legal bounds) to make sure that you pay back within the set timeframe.

CHANGE YOUR ORIENTATION: Understand that money is only a measure of value. Become value-oriented instead of money-oriented. Begin to think about ways by which you can help others, think about problems you can solve with little or no financial cost. Doing this will help you spot some of the numerous opportunities that exist in your environment. Do not let your ego derail you; use whatever opportunity you get to create value for others. Always remember that “money only goes out in exchange for value”.

LEARN ALL YOU CAN: In order to maximize your potential to create value and prepare for bigger opportunities, learn as much as you can about the things that interests you. Read books, subscribe to blogs, attend seminars, or go and intern with someone who is already doing what you want to do…and do it for the education. One thing that worked for me here is that I stopped listening to music and listened to audiobooks and podcasts instead. This can help you learn more about opportunities which you can explore for free.

SAVE AND INVEST: Money will never be enough. Therefore no matter how little you earn, save some. A practical thing to do is to save 10% of all your income. Be faithful to this and you will be surprised at how much you have saved in a short period of time. In addition, keep track of your expenses to the last penny, record them so as to trim away excesses overtime. Finally, at regular intervals (6months, 12months...depending on how much you are able to save), invest your savings; make your money work for you. Again, if you have been faithful to learning, there are tons of ways you can invest your money, no matter how small.

BUILD STEADILY: Patience is the key. Wealth is not a windfall, neither is it a jackpot; it is what you have been able to build by way of assets overtime. There is no shortcut. Your ability to maintain a value-oriented approach, work hard, work smart, save and invest while thinking big is vital to your success. No one said it was going to be easy, it was never easy for today’s billionaires, and it was never easy for Donald Trump either. Don’t quit when it gets tough, be persistent, and you will get there.
That it has been done before is proof enough that you can do it too; even better”. To the determined mind, anything is possible.
“Idea is cheap, Knowledge is costly, action is scarce” is the mantra I live by. The only way by which you can make the leap from debt to wealth is by taking action. When? Now! Keep at it, don’t quit, because it is possible. DO