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10 Business Lessons I Learned As An Entrepreneur

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In this video men’s style, grooming, fitness and lifestyle expert, Aaron Marino of http://www.iamalpham.com http://www.aaronmarino.com http://www.peteandpedro.com, talks about 10 entrepreneurial lessons he has learned over the years. Being and entrepreneur is an amazing career choice but there are definitely some things you need to be aware of before you get started. These 10 business lessons are ones that I learned and wanted to share with you.

Aaron Marino of alpha m. says that if you told him 10 years ago that he would be successful by talking to a camera about how he shaves his testicles, he would have punched you in the face. Back then, he thought success was owning a chain of fitness centers. Success doesn’t always look like you expect. Being an entrepreneur is not easy! But Alpha has learned valuable lessons along the way which he shares here.

Valuable Business Lessons

1. Choose business partners wisely – do background checks. It’s like a marriage and legally binding.

2. Control overhead expenses – you pay everyone else before you’re paid.

3. Don’t be afraid of hard work – the mountain is steep, and you have to climb it.

4. Take your pride and throw it out the window – you will have to do any and everything to be successful. Swallow your pride.

5. Know when it’s time to move on – “Shoot the bleeding dog.”

6. Look for opportunity everywhere – search out for markets that are unfulfilled

7. Hire smart and surround yourself with good people – not just qualified but people who you want to be associated with; those with good moral character and compasses

8. Be honest and ethical in everything you do

9. Success is not always what you expect it to or want it to

10. Do what you love and then it’s not work!

First Follower: Leadership Lessons from Dancing Guy

Official transcript at http://sivers.org/ff

If you’ve learned a lot about leadership and making a movement, then let’s watch a movement happen, start to finish, in under 3 minutes, and dissect some lessons:

A leader needs the guts to stand alone and look ridiculous. But what he’s doing is so simple, it’s almost instructional. This is key. You must be easy to follow!

Now comes the first follower with a crucial role: he publicly shows everyone how to follow. Notice the leader embraces him as an equal, so it’s not about the leader anymore – it’s about them, plural. Notice he’s calling to his friends to join in. It takes guts to be a first follower! You stand out and brave ridicule, yourself. Being a first follower is an under-appreciated form of leadership. The first follower transforms a lone nut into a leader. If the leader is the flint, the first follower is the spark that makes the fire.

The 2nd follower is a turning point: it’s proof the first has done well. Now it’s not a lone nut, and it’s not two nuts. Three is a crowd and a crowd is news.

A movement must be public. Make sure outsiders see more than just the leader. Everyone needs to see the followers, because new followers emulate followers – not the leader.

Now here come 2 more, then 3 more. Now we’ve got momentum. This is the tipping point! Now we’ve got a movement!

As more people jump in, it’s no longer risky. If they were on the fence before, there’s no reason not to join now. They won’t be ridiculed, they won’t stand out, and they will be part of the in-crowd, if they hurry. Over the next minute you’ll see the rest who prefer to be part of the crowd, because eventually they’d be ridiculed for not joining.

And ladies and gentlemen that is how a movement is made! Let’s recap what we learned:

If you are a version of the shirtless dancing guy, all alone, remember the importance of nurturing your first few followers as equals, making everything clearly about the movement, not you.

Be public. Be easy to follow!

But the biggest lesson here – did you catch it?

Leadership is over-glorified.

Yes it started with the shirtless guy, and he’ll get all the credit, but you saw what really happened:

It was the first follower that transformed a lone nut into a leader.

There is no movement without the first follower.

We’re told we all need to be leaders, but that would be really ineffective.

The best way to make a movement, if you really care, is to courageously follow and show others how to follow.

When you find a lone nut doing something great, have the guts to be the first person to stand up and join in.


Original video at http://www.youtube.com/watch?v=GA8z7f7a2Pk
Video Rating: / 5