Monthly ArchiveJune 2016

ByAdemola Morebise

The thing about a window of opportunity

Every opportunity has an associated “window”, a time frame within which it is valid. Opportunities do not remain valid forever and that makes it so tricky.

You do not want to jump too soon at an opportunity, yet you have to always remember that “delay is dangerous”. Nailing the right time between holding on and marching out is indeed tricky.

People say opportunities are like buses, there is always another one coming…. But a truthful reflection and we realise that even though new opportunities will come along, we might have missed something huge, a once-in-a-lifetime chance to be a central part of something big.

We must stay sharp and ensure that we never miss these windows.

Every single opportunity is unique and once lost, it can never be re-gained.

ByAdemola Morebise

The invincibility complex

A lot of successful people like thinking they are invincible. They cannot lose, cannot come up with a bad idea.

But, what if you are wrong about a certain course of action? How deep in would you go before your realise the error? And when you do, would your ego make you stubbornly continue the pursuit despite all clear evidence?

When you are wrong, do you have people that can tell you so? Or, are you just surrounded by a band of yes men who merely nod in agreement without offering any conflict or playing devil’s advocate?

As you climb higher and higher the success ladder, hubris increases and you start feeling so invincible that everything fades away. By the time you wake up, even your own successes would have also faded away. History is littered with examples of things like this.

For example, Amazon’s Fire Phone experiment failed due to something like this. They had recorded so much success with their other devices like the Kindle line, that they felt they could easily make a phone. (They have since bounced back with the Amazon Echo device)

A little fear and second guessing yourself could just be a blessing (as long as it doesn’t grind the work to a halt).

Adding a little fear to the mix does not break the deal.

ByAdemola Morebise

Identify the sources of growth

It is always good to identify the sources of growth for the business and concentrate on optimising such.

A good businessman keeps track of which channels are bringing in the most business leads and then concentrates on how to make it more effective. They also identify things that are not working and then eliminates them.

Ideas will always be unlimited, it is resources that suffer from limits and every resources sunk into anything needs to be justified.

Which business channels have brought in the most leads for your business this year?

Which business channels do you need to invest more in?

What are the things you need to stop doing?

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Watching The World

 

ByAdemola Morebise

Making giant strides towards fulfilling your vision everyday

It is important to commit to your personal vision over everything else – even your own comfort.

You should realise that once your vision starts to work out, it will bring you a sense of fulfilment and it will also cater for all your needs.

Making giant strides towards fulfilling the vision alongside a day job is such a daunting task. The solution is not to quit your job, doing so prematurely will even wreck things further.

Your vision will not build itself, you need to make giant strides towards the fulfilment of the vision every day. You can start by setting aside 1 hour everyday just to think about it.

You can figure out a way to keep it going against all odds. No matter how busy you might seem to be at the moment.

A lot of people have figured it out and a lot of people will still figure it out.

You can make progress towards fulfilling your vision every single day.

ByAdemola Morebise

Sticking with it

I recently read about Adam Horowitz, who at a young age of around 15 years old starting building websites with a view to make money from them. He built around 30 websites over a 3 year period and made nothing from the endeavours.

Yet, he did not give up. He continued and today, he’s a millionaire. He floated more websites and finally started to make money.

It has all paid off.

Remember Thomas Edison and the 1, 000 failed light bulb experiments? Exactly.

It will work out fine in the end, it always does. You need to stick with it if you will eventually make it in the end.

It is not a good idea to give up on projects or endeavors too quickly

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Watching The World