As the co-founder and the CEO of the Endeavor company, Linda Rottenberg has served as an inspiration to many. She has made it her life’s mission to provide budding entrepreneursRead More
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]]>As the co-founder and the CEO of the Endeavor company, Linda Rottenberg has served as an inspiration to many. She has made it her life’s mission to provide budding entrepreneurs with the help that they need to turn their bright ideas into decisive action. Even if the person does not have a great deal of experience or a concept that seems outrageous, Rottenberg still takes the time to provide aid.
No idea is too crazy or out there for Rottenberg and her work serves as an inspiration to anyone who has been told that they cannot achieve their goals. After taking a dive into her book, Crazy Is A Compliment, these are the top five lessons I believe that every entrepreneur can learn from the works of Linda Rottenberg.
Whenever a would be entrepreneur comes up with a brand new idea, they are usually called crazy by people who cannot take the time to think outside of the box and see their vision. Rottenberg believes that anyone who is going to try something new and seemingly insane will experience blow back from a variety of sources. She is quick to tell her acolytes about the problems Henry Ford experienced on his way to the top and how Sam Walton’s Wal-Mart idea was considered crazy at the time.
It is important for an entrepreneur to realize that there are no physical barriers standing between them and success, their obstacles are purely psychological. One of the most enduring mottos that she shares in her work is that “crazy is a compliment.”
While most people see entrepreneurs as being wacky and adventurous types, Rottenberg is quick to tell her audiences that this perception does not always match up with reality. She is quick to speak about the importance of taking risks that may seem crazy to the outside observers, but are actually calculated in nature. A common piece of advice that she gives is to keep your day job while you are trying to get your business off of the ground.
Rottenberg speaks about how crucial it is not to bet the entire farm on one idea. Craziness and the ability to stomach risk taking are great qualities to have, but only when they are properly utilized. Even some of the biggest names in the world of entrepreneurs hedged their bets. Phil Knight worked as a tax preparation expert before Nike took off and even Richard Branson (who is seen as being wacky and nuts) talks about containing the potential for disaster. Rottenberg makes sure that these parts of the story are not left out.
Rottenberg takes great pains to dissociate people from the common mental image of the disheveled, rumpled entrepreneur who drapes themselves in old hooded sweatshirts, telling stories of women who launched successful enterprises in the comfort of their own kitchens at home. Despite what you may think, you do not need to be a young male clad in a sweatshirt in order to meet the stereotype of what an entrepreneur should look like.
Young males are no longer the predominant group of budding entrepreneurs. Statistics now show that an entrepreneur is just as likely to be an older male (over the age of 55) or a female. With more and more Americans being forced to work for themselves during this turbulent economic times, it is crucial to get with the current program or end up being left behind.
Many startups employ family members, not because they are the most qualified for the position, but because they have the time on their hands and are able to work for little to no money. That is why a startup prenuptial agreement is necessary. As your company grows, you may need to replace some of these beloved family members with people who have more experience in the particular areas of expertise that you require.
When you start your business, Rottenberg preaches the importance of coming up with a formal partnership agreement and having it in writing. The vision that you and your family members start off sharing for the company can change and in many instances, a family member may even want out, but be too timid to speak up. Avoid these circumstances by spelling out exactly what you expect from your employees and/or partners during the early stages.
Rottenberg often talks about her past as an extreme workaholic and attempts to teach her audiences about the importance of work/life balance. When you are a workaholic, not only is it difficult for you to maintain a normal lifestyle, but it can also be difficult to retain talented employees. Make sure that you get a life and encourage anyone who works alongside of you to do the same. After all, what good is success if you don’t take a moment to enjoy it?
The idea that you have to ignore your family or put the people you love on the back burner is a foreign concept to Rottenberg and she often speaks about the surprise in people’s voices when she mentions her daughter’s dance recitals or other family events. In order to be successful, your personal life does not have to fall by the wayside, a lesson that Rottenberg goes out of her way to preach.
Preview Crazy Is A Compliment with Linda Rottenberg herself
Buy Crazy Is A Compliment by Linda Rottenberg on Amazon today
Visit LindaRottenberg.com to learn more about Linda and her work
Visit Endeavor.org to learn more about Linda’s company
Follow Linda Rottenberg on Twitter and Facebook
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]]>Any entrepreneur worth their salt has dreamed of becoming a public figure. Even considering they are slow to the stage, the majority of entrepreneurs do not wish to toil behindRead More
The post 7 Essential Steps to Becoming A Public Figure appeared first on The Entrepreneurs Library.
]]>Any entrepreneur worth their salt has dreamed of becoming a public figure. Even considering they are slow to the stage, the majority of entrepreneurs do not wish to toil behind the curtains forever. Since the turn of the century, we have been graced with the presence of a variety of entrepreneurs and visionaries that have been able to deliver lasting changes in a wide range of different fields.
From the many well-known authors we have had on The Entrepreneurs Library, I have come to learn that any entrepreneur who is thinking about becoming a public figure will excel quickly by learning from other leaders that have found tremendous amounts of success. Here’s a closer look at the essential steps that many leaders today when they first started becoming a public figure.
Andrew Carnegie is one of the first entrepreneurs that we are taught about. He was not born with a silver spoon in his mouth and grew up in a lower class household. His poverty stricken family left his native Scotland to come to America and raise their quality of life. Carnegie used his impoverished childhood as motivation.
Once Carnegie became wealthy, he was not content to sit on top of his stack of money. He reached out to those who were less fortunate, donating tens of thousands of dollars to fund hospitals and libraries. He was also one of the first entrepreneurs who wrote a book about his success, imparting his secrets to others who were in the same position he used to be in.
Unless you have been living under a rock for the past 20 years, you have heard the name Oprah Winfrey. Oprah is a testament to what you can achieve if you have the willingness to overcome the bad things that have happened in your past and continue to work towards your goals.
Oprah has become an influential public figure because of her eloquence and her ability to speak passionately about the experiences that shaped her. Because of this, people do not see her as a billionaire who is above them, she is seen as a peer, which makes more people want to purchase her products.
No matter who you are or where you are from, you have heard of Steve Jobs. While Jobs may be a polarizing person to many, there is no question that he is an influential public figure. Even in death, his quotes and philosophies are still discussed. The main lesson to be learned from Jobs is to always be yourself.
Jobs has been criticized for his sometimes abrasive approach, but he was able to command respect and become an important public figure because of his honesty and unwavering commitment to his own personal principles.
The Social Network was more than just a movie about the creation of Facebook, it also displayed Mark Zuckerberg‘s best and worst tendencies. While some entrepreneurs would be reticent to allow themselves to be portrayed in an unfavorable light, Zuckerberg gave Hollywood the permission to tell his story, warts and all.
Every entrepreneur is not going to receive the opportunity to tell their story on the big screen. By telling your whole story, you allow your audience to relate to you on a whole new level. It has the effect of humanizing you and showing people that you are far from invincible.
The Huffington Post has become one of the Internet’s most trafficked websites, making a star out of the site’s creator, Ariana Huffington, in the process. Because she provides an important publication service and educates her readers about current business, political and entertainment issues, Ariana Huffington has developed a much higher profile in recent years.
When an entrepreneur provides people with more than a simple product or service, it increases their appetite for knowledge about the person, which eases their transition into a public figure. She has gone from unheralded blogger to the pages of Time magazine, without having to pander to the lowest common denominator.
Martha Stewart is a name known throughout the world and even a prison stint could not deter her businesses. She has been able to endure as a public figure because she has successfully diversified her portfolio. While some may know Stewart from her television persona, others may know her because they purchase her linens or her magazines. Martha even makes appearances on shows like The Apprentice and Comedy Central’s Justin Bieber roast.
Martha’s media presence is varied, which gives her the unique ability to speak to a plethora of different audiences and ensures that her shelf life as a public figure is not artificially shortened. Some entrepreneurs are content to live a low profile life, working in the same field, but to become a public figure, you must be able to reach different segments of the population.
Some may know Mark Cuban as the man who was smart enough to cash out before the tech bubble burst, while others may know him as the outspoken owner of the MBA’s Dallas Mavericks franchise. Mark Cuban is able to remain in the spotlight because of his transparency and ability to tell it like it is.
For instance, Mark was one of the first major entrepreneurs to harness the awesome power of Twitter. His official, verified account now boasts nearly 3 million followers, many of whom do not even follow basketball. He gives his followers valuable insights into the business world and as a result, he has become a beloved public figure.
Top Dog: How To Impress and Influence People Around You by Andy Bounds
Credibility by Jim Kouzes
Powerhouse by Mike Clayton
Pocket Man by Scott Jordan
Charisma on Command by Charlie Houpert
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]]>A summary of things you should know about Grow A Pair according to Larry Winget: Introduction In this episode personal growth expert, Larry Winget, shares his book Grow A PairRead More
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]]>In this episode personal growth expert, Larry Winget, shares his book Grow A Pair where he teaches you how to stop being a victim and take back your life, business, and sanity.
In his book Winget shares a commonsense approach to becoming successful which crucial advice on achieving your goals, finding your career path, and managing your personal finances. The goal of the book is to help you become more assertive, take more responsibility, stop making excuses, and start getting more results.
This book is perfect for entrepreneurs who struggle with obtaining actionable results due to a lack of self-confidence, a feeling of laziness, and a fear of failure.
There is no other book in the market like this one. There is no other book that talks in this way about telling people to really grow a pair. Growing a pair is about developing an attitude of control and power.
I don’t write anything that is designed to be read from front to back. You can jump all around my books.
Know what you believe in, that you absolutely will never compromise. One of my core values is honesty, it doesn’t have to be pretty it just has to be the truth.
I start the book off by giving my basic premise that we have become a nation of weenies, wimps, and victims. I put people through a test just by asking a series of questions. Do you allow people to take advantage of you? Most people these days allow themselves to be walked on and walked over. We all have areas of our life that we let others take advantage of us. So what I like for people to do is realize that while they think their tough, their probably not so tough especially in areas when it concerns their family. The other thing I like for people to realize is what do you really stand for, what do you believe in and what are your core values? I like people to know what they believe and then stand up for what they believe in. Remember this, if you tolerate it and put up with it, you’re endorsing it. Do you endorse people being rude to you? Well then why do you put up with it? So I start with doing an assessment of who you are, what you believe in and whether people do take advantage of you or not.
After that assessment is done I talk about some of the problems in society like political correctness. I think that’s the most castrating thing we got going on in our society right now is that we are afraid to speak up and say the truth. We have got to start speaking the truth whether people get their feelings hurt or not. The truth doesn’t care whether you like it. The truth is still the truth. We’ve got people who speak in very weak languages these days because they are afraid they might offend somebody. What I try to let everybody know is if you have a position at all on anything, someone is going to be offended by it. So stand for something and be brave enough to take it because standing up for what you believe in is one of the most important things in terms of your own personal integrity that you can ever do.
This book is about assessing where you are in your life and then telling you some of the things that you can do. We can’t change the world but we can change our world and this book is about teaching people how to change their world. When people don’t have any money it’s because their finances are out of control and you can get in control by having a written down budget. We need to know what we believe in and stand up for it.
“You can’t have a bully without a victim.” – Larry Winget
I am known as the pit bull of personal development, that’s one of my registered trademarks. I don’t much believe in motivational speaking. I believe you can get much better results by irritating and that’s what I do. I have done my own television series on A&E. I’m a regular on several business television and national news shows. I have written six New York Times and Wall Street best sellers and I’ve spoken to over 400 of the Fortune 500 companies.
I’ve written all my books based on what I see going on in society and what I’ve realized is that we’ve become this nation of victims. We’ve become entitled, blame everyone else for why our life sucks, and what we need to do is grow a pair, take responsibility, and move on from there.
First You Have to Row a Little Boat by Richard Bode
Buy Grow A Pair by Larry Winget on Amazon today
Visit LarryWinget.com to learn more about Larry, his book, and other free stuff
Visit Larry’s YouTube page Ask Larry Anything
Follow Larry Winget on Twitter and Facebook
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books: Hit The Mark by Erik Fisher | Powerhouse by Mike Clayton | The Experiment by R. Michael Anderson
Relevant advice and tips: 10 Bad Habits That Successful People Avoid
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