10 Updates

How To Get A Little Bit Smarter Each Day

Mar 30 2014, 6:14am CDT | by

Learn. What could be more natural you ask? It was drummed into your head from the day your started kindergarten; the best companies make continuous learning a priority; and it has been a centerpiece...

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16 weeks ago

How To Get A Little Bit Smarter Each Day

Mar 30 2014, 6:14am CDT | by

Learn.

What could be more natural you ask?

It was drummed into your head from the day your started kindergarten; the best companies make continuous learning a priority; and it has been a centerpiece of this blog since day one.

In fact, if you had to boil down what we have been talking about in this space to a single phrase it would be “learning to manage uncertainty.”

The subject we are constantly dealing with is how do you navigate your way toward creating the future you want when:

a) Things are changing radically;

b) You aren’t sure where you should be going and

c) You don’t even have a map.

In this kind of situation, it helps to have a role model. And as we have talked about throughout, we have one. The people who are best at dealing with uncertainty are serial entrepreneurs, those who have created two or more successful companies.  There is nothing more uncertain than starting a business and these people are masters at it.

What do they do? To reduce it to a single formula  they:

* Determine their desire, i.e. they begin by figuring out what really gets them excited about working.

* Take a small step toward finding or creating something that will allow them to capitalize on that desire.

* Learn from taking that small step.

* Build off that learning and take another step. Then they

* Learn from that one…and so on.

It’s an approach we call: Act. Learn. Build. Repeat.

And you see that learning is central to it. You take a small step toward your goal. And then you pause to see what you have learned from taking that step.  It just makes sense, right?

Yes.  But nevertheless, people find it difficult for a variety of reasons ranging from ego–we are the experts; who knows more about our business than us, so what is there to learn–to we think we have more pressing concerns (an unhappy client is yelling; the quarterly numbers are falling short of projections) to we are simply too tired to put one more thing on our to do lists./>/>

When you put the excuses for not learning down in black and white they just look silly. But you need to guard against each and every one one of them because as wonderful as you think your idea is, it is only the marketplace that will ultimately decide whether you are on to something.

Okay, you say. I’ll do it. I will make sure I am always learning.

We have no reason to doubt you. But to make sure you do, commit to learning one new thing each day about your product, market, customers and potential customers.

Having that hard number in mind will force you to pay attention all the time.

Some people try to learn one new word a day.

This will help you more.

###

Paul B. Brown is the author of Own Your Future:  How to Think Like an Entrepreneur and Thrive in an Unpredictable Economy

 

Source: Forbes Business

 
Update
10

6 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

Cambodia's Famous Battambang Circus
KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

6 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

Newcastle United Training Session
KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken int ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

6 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

Federal Aviation Administration Bans All US Flights To Israel
KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

6 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

6 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

INDIA-CHINA-DIPLOMACY-TRADE
PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last month. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

6 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

Government Weekly Cabinet Meeting
KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in compen ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

6 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

6 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

Iskandar Johor Open - Previews
JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM20 mill ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

EurAsia Cup presented by DRB-HICOM - Day One
PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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