Tuesday, June 5, 2012

The 32 Lessons that Made All the Difference in 2011

(& some I might not want to repeat)

by Scott Dinsmore

"Making a mistake once is called learning. Making it twice means you’re not learning." ~ William Brett Wilson

 

As far as I’m concerned, life is about learning and helping…

The more you can do the former, the better prepared you are to accomplish the latter. We all learn things every day. The problem is we also forget the great majority of what we learn, sometimes just moments after learning it. In order to avoid that and give today a chance at building on yesterday, you have to have a process for learning things once (and for all).

After all, the first time you learn something, it’s experience, but the second time it’s foolish.

As a part of my weekly planning (one step in my goal setting process), I write down any lessons I learned from the past week, either from my own experiences or that of others.

Below is the list of the top 2011 lessons from an initial list of hundreds.

They cover business, life, relationships, travel and just about everything else under the sun.

These have made all the difference for me – I hope they will for you too.

32 Massive Lessons from 2011:

Tolerable discomfort is the most dangerous in the world
—make the pain enough to change. This is exactly what keeps people in jobs they hate – for the rest of their life.

Focus on different as opposed to better. You will likely never be the best at something, but there’s always a way to be different. Just takes more creativity.

Condition yourself to see failure as feedback—you have to get your ass handed to you to be good at just about anything. Everything is progress.

Most people are workaholics because they’ve lost their fun non-work activities. If you have nothing you are excited to do on the nights and weekends, then what’s going to keep you from checking email and spinning your tires all Saturday (and every other day)? You need motivation to get out of the grind.

Pick 5 books to reread every year instead of 50 new ones. We all have books that changed us more than others. Apply the 80/20 Rule to your reading. This is how I’m focusing my reading this year.

Persistence changes everything. Most people give up before they give themselves a chance. You’re in control of when you give up. It’s like the 71 "No’s" that Jesse Jacobs got before a bank finally approved a loan for him to open Samovar Tea Lounge in San Francisco.

Having airline miles makes continuous travel much more likely than paying with cash. Many people hate on airline miles programs because they can sometimes be a pain in the ass to use (and sometimes they are). They say they’d much rather just pay cash and save money another way. The problem is I know hundreds of people with plenty of money to buy a trip to the other side of the world but never get to it. Miles expire if you don’t use them – they encourage you to get off your ass. That’s a good thing (and it’s pretty fun).

I get stress even from a moment of rushing. The second I’m in a hurry, stress hits my body. Doing things slowing is almost always more enjoyable.

Be willing to lose ideas if you’re in a moment you want to savor. With how many things I write down each day, I don’t think I’ll ever be short on ideas. Sometimes writing things down the second they come to mind, will kill your presence. If it’s important enough, it will come back to you.

At the end of a sale, the buyer says "thank you". Remember that when you’re scared to ask a prospect to do something you know will help them. Does a doctor feel badly about recommending a life-saving surgery? I doubt it.

When meeting someone, lead with an open vulnerable story about yourself. This connects much better than the typical cocky approach of puffing your chest out and talking about all the awesome things you’ve done. Show the world you’re human.

Metaphors are incredibly powerful to your story and getting points across. Don’t explain anything directly. Find a story or metaphor for everything. People will engage, listen, connect and remember more than ever before. PurposeFinder Jullien Gordon does an awesome job of this.

Your story is more powerful than anything. There is nothing more important for you to develop and communicate. We all have an interesting story. Many of us just don’t spend the time developing it. If yours still sounds boring, go out and doing something interesting!

Build anticipation – for you and for everyone. Whether you’re launching a product or starting a new fitness regime, don’t start the day you think of it. Build momentum and excitement for a couple weeks, if not longer. The launch of Live Off Your Passion started over two months before it went live. I plan most fitness challenges a month in advance. I love looking forward to it and thinking of how hard I’m going to hit it once day 1 comes around.

Don’t worry about what’s difficult today. Tomorrow will be here faster than you want. Just put your head down and do good work.

Anytime you feel uncomfortable or out of place at an event or gathering, go up and greet someone. Don’t just sit around hoping someone will do the same to you. You’ll meet 10x more people.

You must find the one or two things that really matter on your blog and and simplify to focus only on that. This goes for any business. 80/20 and Simplicity are a powerful combination.

The questions are not how or if you can do it. By now we should all know it’s possible – there are examples everywhere. The question is what will you do and when? Get started.

Plan too much and you won’t end up having time for the things you care about happening spontaneously. Excitement and surprise need space to thrive.

I will never get it all done. I am finally ok with this fact. If I plan too much in a day, I will never be satisfied with the things I actually get done. Once again, plan less.

If I schedule too many back to back events and trips, I stop getting excited for each of them individually. Noticing a trend here? Events can be amazing and fun on their own, but stack eight of them back to back and nothing’s fun anymore.

Diversifying emotions is key. Having two businesses and other interests has helped tremendously when things go wrong with any one area. Say the stock market has a terrible week (which I can’t control, but can sometimes still affect emotions), but I also had a hugely effective coaching session with a client. I still get to feel awesome and empowered. And even when things are bad at work, you can always go home and run a bit farther or lift a little more weight. That will keep the momentum going. Don’t put all your emotional eggs in one basket.

Don’t always check email just because you have free time. It’s liberating to just pick up a book and enjoy. Start filling your time with meaningful things. If you don’t then the meaningless will take over.

It’s never that big of a deal. Everything that goes wrong usually feels like the end of the world when it happens. But give it a few hours or days (or sometimes just a few seconds) and you realize life goes on and everything’s usually fine. No single thing is usually that big of a deal. Act that way.

Things always take longer than expected. Don’t be disappointed when it happens. Try to plan for it but realize it will still likely take longer. That’s ok. The best stuff takes time.

Everyone loves gifts. It doesn’t matter if it costs five cents or five hundred dollars, the emotion of getting something is still about the same. Give people gifts, prizes, books or anything at all. This goes for friends, family, customers and business partners. Not to mention, "giver’s high" is even better.

FOCUS is the most powerful skill in the world. Stop distracting yourself. Know the top 1-3 most important things to you and put everything else on a list for later.

Preparation trumps everything. There is no excuse to show up and not be ready for something. That’s in your control and it’s often the easiest way to beat an opponent. We used to run stairs for hours on end in the weeks leading up to Jiu-Jitsu tournaments. Then we’d get on the mat and often be able to beat our opponent on endurance alone. It takes massive discipline to be truly prepared.

Preparation creates confidence! That is priceless.

A product can change everything. It changes credibility, the number of people who want to work with you, your ability to turn a side project into a full-blown business and most importantly, your ability to help people. That’s exactly what Live Off Your Passion did for me (and everyone who’s participated). Mentors had told me this for nearly two years, but I didn’t get around to do it until three two ago. I wish I did it earlier. It’s opened up a whole new world.

Have non-working hours. The biggest blessing and also the biggest curse of entrepreneurship (especially online) is that you can do it anywhere and any time. But that does NOT mean you should. Block off hours where the computer or internet is not allowed. Have a designated ‘office’ (that ideally is not your home). Even if it’s just a coffee shop. The separation is crucial.

Anything is possible with the right motivation. 80% of what I do on a daily basis today are things I used to think were impossible. I bet I’ll be able to say the same in five or ten years. Find compelling reasons to push the limits.

And finally I’ll leave you with my favorite quote of 2011 by Gary Vaynerchuck, uber-successful wine and media entrepreneur, bestselling author of Crush It and The Thank You Economy, and also the most crazy passionate (and a ‘tad’ vulgar) public speaker you will likely every see.

We spent some time together on the Summit Series boat last year, and this quote has stuck with me constantly since then…

 

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