How To ‘Thrive In An Unpredictable Economy’

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Who knows what is going to happen tomorrow? No one knows what is going to happen in the future.

But we can get to work. Because tomorrow starts today, right now. If we want the future to be better, we have got to be better.

Attitude is key. If you assume everything, even a problem, is a gift, it invariably will be.’

Before beginning anything new, ask yourself this: ‘Is this something I really want to do?’

Failing is an important part of the act. Learn. Build. Repeat. model. Unfortunately.’

Mistakes are simply part of the learning process. The ‘secret’ is to make sure that they don’t cost you too much and that you do, in fact, learn from each one and build that learning into the next step you take.’

You need to put your thoughts into action to see if you are right about there being a potential audience/customer for your idea (and learn what you need to change if there is not). Thinking by itself doesn’t accomplish anything.

‘What if you can’t come up with an idea to get yourself started? The place most people begin is by asking, ‘What am I good at?’

‘The people who are best at dealing with uncertainty are serial entrepreneurs.’

‘If you aren’t spending at least six hours a week- about an hour a day- preparing for your next career, you run the risk of falling behind. Start today.’

Instead of searching for the perfect job, why not create it?

‘There is a proven path for dealing with uncertainty: proceeds as proven entrepreneurs do. After all, there is nothing more uncertain than starting a business, and these people have done it successfully. What has worked for them will work for you.’

Source:

Paul B. Brown (2014). Own Your Future: How to Think Like An Entrepreneur and Thrive in an Unpredictable Economy

How To Thrive In A Changing World

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Change is not going anywhere. If you want to change yourself, you must not resist change.

Greatness comes to those who keep moving forward, figuring out what works, driving down More’s Law….’

‘Continually question and challenge your recipe, but change it rarely.

‘Test equipment in real conditions, sub-zero freezer and simulation trips before the actual expedition.’

‘Resilience, not luck, is the signature of greatness.’

‘Luck favors the persistent, but you can persist only if you survive.’

Luck is not a strategy, but getting a positive return on luck is.’

A single stroke of luck, no matter how big the break, cannot by itself make a great company.’

‘In selecting teammates, choose people to get stranded with.’

Have two separate team, climbers and filmmakers, that work well together on the mountain.’

‘Never let a weak member attempt to summit. ‘A team is only as strong as its weakest member.’

Source:

Jim Collins (2011). Great By Choice: Uncertainty, Chaos, and Luck- Why Some Thrive Despite Them All