Propel Your Online Business Success by Twenty Times

I went to a large suburban Chicago high school and studied under an English teacher who was had an exceptional impact on my life. One of my classmates went on to become a very successful TV actor. My teacher added quality to my life. My actor classmate added no quality to my life. My teacher never made much money, but the actor made a “ton” of it.If you are a true student of online business it would be a great idea to study the theories of Marshall Thurber, an amazing visionary, who has studied businesses of all sizes. In order to propel your online business to amazing heights in record time Mr. Thurber espouses the understanding of three principles.LeverageActors make more money than school teachers because they have leverage. My teacher stood in front of a small number of students (compared to the actor) during her long career. My actor classmate produced, directed and starred in one of the most popular TV series of its day. The show is still in reruns fifteen years later. The low quality of value produced by the actor has had a far greater reach than the high quality and value of the teacher who impacted my life.
As Mr. Thurber observes, “leverage is created by a lever. When one pushes the long end of the lever over a solid fulcrum the short end moves a short distance out with great impact. Building an online business requires leverage. High value (a great product, offering or system) without reach (leverage) will produce low financial reward.Change
 
My brokerage account is subject to fluctuations from year to year. These fluctuations are due to cyclical changes in the economy and the markets (and many other factors). The second type of change is structural .Structural changes change the future forever. The Internet is a structural change. It will change the economic order and those of us who understand and embrace it will prosper.NetworkIn your online business your network is the lever. Your system (the fulcrum) and the value (force) are important, but the length of your lever (network) reduces your effort and propels your online success. Nodes and clusters become hubs and hubs are what feed the web. Online businesses that implant themselves into the social network of the web by creating contacts with others (links) will grow quickly. The bigger the network (lever) the more likely more and more nodes will link to them. Create links to other networks. Your online business’ financial success will be propelled.Remember my teacher and the actor. One created value but had no leverage or reach. The other provided dubious value however his reach is worldwide and on-going long after his series ended.
Embrace structural change. It cannot be fought. The Internet is a power curve and you have to become a master at using it. Mr. Thurber says, “Understanding network theory is the oxygen for success in the 21st century.”

There is No Such Thing As Time Management

How to create an extra hour every day! How valuable would an extra hour every day be to you?Ever found yourself saying, I will, when I find the time or, time got away from me? We’ll this is for you. I am going to take you through the 7 steps that will create an extra hour a day for you. So let’s go through the steps quickly. We will come back to each one over several articles.The seven steps are:
There is no such thing as time management!
Time is for spending.
Crossing the knowing-to-doing GAP
Ready FIRE aim
Achieving Focus and Effectiveness
Tapping your Energy
Don’t mistake activity for achievement!
OK so let’s get in to it.Step 1 – There’s no such thing as time management!Have you been to a time management course? Read a time management book or an article? And how much of the system you learnt or read about do you use? If you are like most people you will be using less than 5% of what you learnt in your time management course. And it’s not that the content was no good (it probably was good, but we will get to that later).You see there is a key mental block that contributes to the situation here. Time management allows you to think that you really can manage time. But you can’t!Time is! It just is! 24 hours a day. 1400+ minutes every day.Does this mean all the courses and diary systems are no good? Not at all.But first there is a mind-shift you need to take.Time management implies we manage time, BUT time can’t be managed! The typical mindset on Time Management is about applying techniques and tips – and you can let these tips or system take responsibility how effectively you are. Blaming your tools is not going to help you be effective.The key to creating an extra hour a day is changing your mindset to SELF-MANAGEMENT!What is self-management? Mark Victor Hansen, in the book The One Minute Millionaire, says it is “accepting responsibility and not laying blame.” I believe self-management is about acknowledging we are responsible for our lives.It is your choices that have created your life. Not your boss or your parents or the government or the wrong time management system or anything else. Yes, those things have an impact, but how you choose to see the circumstances, how you choose to interpret and respond is what determines how effective you are and, ultimately, you determines your life situation.This is scary and exciting at the same time. It can be scary to think about being totally responsible for your life – but this means that you can choose to take control and create what you want in the future.To create and extra hour a day you need to start by adopting a mindset of self-management where you accept responsibility for your life, totally. Then you can start to see new options and opportunities that will create more time.Now you can choose to see those ‘effectiveness tips and tools’ as part of your self-management toolkit and choose what will work for you.Step 1 — Not time management but self management.Actions: In the next 24 hours.
Reflect on when you might have blamed others/circumstances in the last week & look for how you contributed to the situation
Clarify your goals and values. Are you really clear about what they are and why you want them?
Remember to check out the rest of the seven steps.