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Why Your Company Must Be A Digital Company

I bring all of this up because you and your business needs to do the same. You must be a digital business. You must have a website (a mobile friendly one). You must start to build your following on social media. You must have a newsletter. You must start blogging. You must know about and implement SEO. You must network on LinkedIn.

So, again, why should you be a digital company? Because your target market is using digital.

Curated from “You Are a Digital Company! Prepare Your Business

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I Love a Paranoid Founder

When running a business, sometimes you have to be paranoid enough to believe that someone is coming to “take your lunch.” Often that might be the only difference between failure and success.

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Starting a Business? Have a High Pain Threshold

This advice is from Elon Musk, founder of Tesla on starting a business. Check out the full video below.

“Starting a company is like eating glass and staring into the abyss”

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Don’t Worry About The Competition

This advice is for entrepreneurs and business owners to not focus on the competition. You can only control what you can control and that’s not other people or your competitors. Focus on only beating yourself. The time you take to worry about the competition can be the difference between losing and winning.

Here’s the complete video:

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Why Business Fail According to Mark Cuban

This is a throwback video from Mark Cuban but the advice still rings true. Small Businesses don’t fail from lack of capital. They fail from lack of brains or lack of effort.

He also says 99% of small businesses can be start with next to no capital.

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How to Master Fear in Business from a Dating Coach

“Fear is an emotion associated with anticipated pain. Former Art Of Charm coach Sameem Rouhani calls it “the discomfort of uncertainty.” It’s useful because we survived as a species by avoiding pain. But social fear in all its forms typically boils down to avoiding a particular type of pain—rejection. As early humans learned, being part of the group was advantageous for survival; being abandoned or rejected by the group meant hardship or death.

The reason the Harbingers’ work with social anxiety in dating maps well to business is because business is inherently social: You’re making things for people, selling things to people, and working with people to make all that happen. And rejection—whether from customers, supporters, partners, investors, colleagues, bosses, “the market,” you name it—almost always feels personal.”

Ways you can battle that fear

  1. Collect Data (of successes)
  2. Use the principle of progresssive overload (pushing yourself a little farther) in a safe environment
  3. Flip your internal script (Change a negative outlook to a positive one)

That’s what progressive overload is all about. “There’s always going to be a fear of failure in business,” AJ says. “You need to be comfortable being uncomfortable.”

Read more: HOW TO MASTER FEAR IN BUSINESS: TIPS FROM LA’S TOP DATING COACHES

 

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3 tips for falling in love with your business

“Falling out of love with your small business can happen any time, not just in summer. Most entrepreneurs find they hit a period when they’ve lost their momentum and feel like they’re in a rut.

How do you fall back in love with your business and get back to where you once belonged? It’s time to get reunited.”  

  1. Remind yourself of your “bright idea”
  2. Reassess your personal goals
  3. Emulate your role models

Read more: http://www.usatoday.com/story/money/columnist/abrams/2015/07/23/small-business-columnist-abrams-love/30442633/