Tuesday, April 28, 2015

Are You Emotionally Intelligent? Here's How to Know for Sure.


LinkedIn Influencer, Dr. Travis Bradberry, published this post originally on LinkedIn.
When emotional intelligence (EQ) first appeared to the masses, it served as the missing link in a peculiar finding: people with average IQs outperform those with the highest IQs 70% of the time. This anomaly threw a massive wrench into the broadly held assumption that IQ was the sole source of success.
Decades of research now point to emotional intelligence as being the critical factor that sets star performers apart from the rest of the pack. The connection is so strong that 90% of top performers have high emotional intelligence.
Emotional intelligence is the “something” in each of us that is a bit intangible. It affects how we manage behavior, navigate social complexities, and make personal decisions to achieve positive results.
Despite the significance of EQ, its intangible nature makes it very difficult to know how much you have and what you can do to improve if you’re lacking. You can always take a scientifically validated test, such as the one that comes with theEmotional Intelligence 2.0 book.
Unfortunately, quality (scientifically valid) EQ tests aren’t free. So, I’ve analyzed the data from the million-plus people TalentSmart has tested in order to identify the behaviors that are the hallmarks of a high EQ. What follows are sure signs that you have a high EQ.

You Have a Robust Emotional Vocabulary

All people experience emotions, but it is a select few who can accurately identify them as they occur. Our research shows that only 36% of people can do this, which is problematic because unlabeled emotions often go misunderstood, which leads to irrational choices and counterproductive actions.
People with high EQs master their emotions because they understand them, and they use an extensive vocabulary of feelings to do so. While many people might describe themselves as simply feeling “bad,” emotionally intelligent people can pinpoint whether they feel “irritable,” “frustrated,” “downtrodden,” or “anxious.” The more specific your word choice, the better insight you have into exactly how you are feeling, what caused it, and what you should do about it.

You’re Curious about People

It doesn’t matter if they’re introverted or extroverted, emotionally intelligent people are curious about everyone around them. This curiosity is the product of empathy, one of the most significant gateways to a high EQ. The more you care about other people and what they’re going through, the more curiosity you’re going to have about them.

You Embrace Change

Emotionally intelligent people are flexible and are constantly adapting. They know that fear of change is paralyzing and a major threat to their success and happiness. They look for change that is lurking just around the corner, and they form a plan of action should these changes occur.

You Know Your Strengths and Weaknesses

Emotionally intelligent people don’t just understand emotions; they know what they’re good at and what they’re terrible at. They also know who pushes their buttons and the environments (both situations and people) that enable them to succeed. Having a high EQ means you know your strengths and you know how to lean into them and use them to your full advantage while keeping your weaknesses from holding you back.

You’re a Good Judge of Character

Much of emotional intelligence comes down to social awareness; the ability to read other people, know what they’re about, and understand what they're going through. Over time, this skill makes you an exceptional judge of character. People are no mystery to you. You know what they’re all about and understand their motivations, even those that lie hidden beneath the surface.

You Are Difficult to Offend

If you have a firm grasp of whom you are, it’s difficult for someone to say or do something that gets your goat. Emotionally intelligent people are self-confident and open-minded, which creates a pretty thick skin. You may even poke fun at yourself or let other people make jokes about you because you are able to mentally draw the line between humor and degradation.

You Know How to Say No (to Yourself and Others)

Emotional intelligence means knowing how to exert self-control. You delay gratification, and you avoid impulsive action. Research conducted at the University of California, San Francisco, shows that the more difficulty that you have saying no, the more likely you are to experience stress, burnout, and even depression. Saying no is indeed a major self-control challenge for many people. “No” is a powerful word that you should not be afraid to wield. When it’s time to say no, emotionally intelligent people avoid phrases such as “I don’t think I can” or “I’m not certain.” Saying no to a new commitment honors your existing commitments and gives you the opportunity to successfully fulfill them.

You Let Go of Mistakes

Emotionally intelligent people distance themselves from their mistakes, but do so without forgetting them. By keeping their mistakes at a safe distance, yet still handy enough to refer to, they are able to adapt and adjust for future success. It takes refined self-awareness to walk this tightrope between dwelling and remembering. Dwelling too long on your mistakes makes you anxious and gun shy, while forgetting about them completely makes you bound to repeat them. The key to balance lies in your ability to transform failures into nuggets of improvement. This creates the tendency to get right back up every time you fall down.

You Give and Expect Nothing in Return

When someone gives you something spontaneously, without expecting anything in return, this leaves a powerful impression. For example, you might have an interesting conversation with someone about a book, and when you see them again a month later, you show up with the book in hand. Emotionally intelligent people build strong relationships because they are constantly thinking about others.

You Don’t Hold Grudges

The negative emotions that come with holding onto a grudge are actually a stress response. Just thinking about the event sends your body into fight-or-flight mode, a survival mechanism that forces you to stand up and fight or run for the hills when faced with a threat. When the threat is imminent, this reaction is essential to your survival, but when the threat is ancient history, holding onto that stress wreaks havoc on your body and can have devastating health consequences over time. In fact, researchers at Emory University have shown that holding onto stress contributes to high blood pressure and heart disease. Holding onto a grudge means you’re holding onto stress, and emotionally intelligent people know to avoid this at all costs. Letting go of a grudge not only makes you feel better now but can also improve your health.

You Neutralize Toxic People

Dealing with difficult people is frustrating and exhausting for most. High EQ individuals control their interactions with toxic people by keeping their feelings in check. When they need to confront a toxic person, they approach the situation rationally. They identify their own emotions and don’t allow anger or frustration to fuel the chaos. They also consider the difficult person’s standpoint and are able to find solutions and common ground. Even when things completely derail, emotionally intelligent people are able to take the toxic person with a grain of salt to avoid letting him or her bring them down.

You Don’t Seek Perfection

Emotionally intelligent people won’t set perfection as their target because they know that it doesn’t exist. Human beings, by our very nature, are fallible. When perfection is your goal, you’re always left with a nagging sense of failure that makes you want to give up or reduce your effort. You end up spending your time lamenting what you failed to accomplish and what you should have done differently instead of moving forward, excited about what you've achieved and what you will accomplish in the future.

You Appreciate What You Have

Taking time to contemplate what you’re grateful for isn’t merely the right thing to do; it also improves your mood because it reduces the stress hormone cortisol by 23%. Research conducted at the University of California, Davis, found that people who worked daily to cultivate an attitude of gratitude experienced improved mood, energy, and physical well-being. It’s likely that lower levels of cortisol played a major role in this.

You Disconnect

Taking regular time off the grid is a sign of a high EQ because it helps you to keep your stress under control and to live in the moment. When you make yourself available to your work 24/7, you expose yourself to a constant barrage of stressors. Forcing yourself offline and even—gulp!—turning off your phone gives your body and mind a break. Studies have shown that something as simple as an e-mail break can lower stress levels. Technology enables constant communication and the expectation that you should be available 24/7. It is extremely difficult to enjoy a stress-free moment outside of work when an e-mail that will change your train of thought and get you thinking (read: stressing) about work can drop onto your phone at any moment.

You Limit Your Caffeine Intake

Drinking excessive amounts of caffeine triggers the release of adrenaline, and adrenaline is the source of the fight-or-flight response. The fight-or-flight mechanism sidesteps rational thinking in favor of a faster response to ensure survival. This is great when a bear is chasing you, but not so great when you’re responding to a curt e-mail. When caffeine puts your brain and body into this hyper-aroused state of stress, your emotions overrun your behavior. Caffeine’s long half-life ensures you stay this way as it takes its sweet time working its way out of your body. High-EQ individuals know that caffeine is trouble, and they don’t let it get the better of them.

You Get Enough Sleep

It’s difficult to overstate the importance of sleep to increasing your emotional intelligence and managing your stress levels. When you sleep, your brain literally recharges, shuffling through the day’s memories and storing or discarding them (which causes dreams) so that you wake up alert and clearheaded. High-EQ individuals know that their self-control, attention, and memory are all reduced when they don’t get enough—or the right kind—of sleep. So, they make sleep a top priority.

You Stop Negative Self-Talk in Its Tracks

The more you ruminate on negative thoughts, the more power you give them. Most of our negative thoughts are just that—thoughts, not facts. When it feels like something always or never happens, this is just your brain’s natural tendency to perceive threats (inflating the frequency or severity of an event). Emotionally intelligent people separate their thoughts from the facts in order to escape the cycle of negativity and move toward a positive, new outlook.

You Won’t Let Anyone Limit Your Joy

When your sense of pleasure and satisfaction are derived from the opinions of other people, you are no longer the master of your own happiness. When emotionally intelligent people feel good about something that they’ve done, they won’t let anyone’s opinions or snide remarks take that away from them. While it’s impossible to turn off your reactions to what others think of you, you don’t have to compare yourself to others, and you can always take people’s opinions with a grain of salt. That way, no matter what other people are thinking or doing, your self-worth comes from within.
Travis Bradberry

Thursday, April 23, 2015

11 Easy Ways to Save Your Business Big Bucks


When you have a small business -- especially one just starting out -- funds can be really tight. But there are several simple things businesses can do to cut costs and find what is, essentially, free money.
Many of these steps can also save you time, leaving you not only with more money but also with more minutes in the day to work on positioning your business for success. 

1. Go paperless

Instead of printing invoices and checks and dropping them in the mail, consider the many online services available for a variety of business needs.
You can use file-sharing services such as Dropbox or Google Docs, electronic invoices, payments and inventory spreadsheets such as FreshBooks, WorkingPoint or Apptivo, and electronic signature services such as DocuSign to easily share information internally and externally. We often overlook how much paper we waste by printing things that could easily be accessed and shared online.

2. Get cash for cartridges

If you still insist on printing, at least make some money off the ink you’re using.
Some sites or stores offer around $20 for empty ink cartridges. Look into selling or recycling them through Staples, tonerbuyer.com or other services before buying new ones. Twenty bucks a pop can add up fast.

3. Use free forms and software

You can find tons of forms and software products online that cost nothing to try. This not only saves you money up front, but also ensures you end up purchasing the products you liked best in the long run since you were able to test them out first. Docstoc, LegalZoom and Rocket Lawyer are just a few providers that can help.

4. Renegotiate your bundled services

Bundled offers and their value change all the time.
It's worth a five-minute phone call to your service provider to get the latest deal. They'll often make you a very good offer to keep from switching. Also, ask yourself if having the top-tier service -- the fastest Internet, for example -- is a priority, or if you can save by using what's sufficient for your needs.

5. Use connected apps

Many new services work effectively when used together by leveraging cloud-based technologies to sync relevant information.
Services like Nutshell CRM can help consolidate communications by tracking meetings, phone calls, email and more -- and can even sync with your smartphone. Leveraging connected apps where possible can help you use fewer services and save the time required to re-enter data.

6. Have a garage sale for your business

Consider selling older furniture and equipment online.
Something you’ve outgrown could very well benefit someone else so you might as well get some cash for it. OfferUp provides a safe and easy way to buy and sell locally using your iPhone or Android device. If you’re feeling generous, online nonprofits like the Freecycle Network can help you post your unwanted items to give away.

7. Build your business credit

One of the biggest mistakes that new businesses make is only using personal credit for business expenses. By building strong credit in your business’ name -- not tied to your personal credit -- you’ll be able to access more financing and at better rates, which can save serious cash. A free service from Creditera makes it easy to understand, build and protect your business credit.

8. Don’t pay on time, pay early

Did you know many suppliers offer discounts when you pay early or up front? It’s not unheard of for companies to give 10-percent discounts for paying in advance. Negotiate with your suppliers to get the best deal. To give yourself leverage, research what discounts other similar suppliers offer

9. Or...pay later

If you can put your cash to better use to save money (e.g. buying new equipment at a significant discount), take the maximum allotted time to pay your suppliers.
With good business credit, that could be 30, 60 or 90 days. You can even extend your repayment time by paying with a credit card on the due date. This gives you an additional 30 days to use that cash because you get to wait until the credit card payment is due.

10. Refinance for better rates

You may be paying high interest rates because you had poor credit when you initially borrowed money. As you build stronger business credit, you’ll look more reliable to lenders and creditors. Ask them to refinance your existing financing for better rates, or look into more favorable funding options. For example, you could switch from a high-interest merchant cash advance to a bank line of credit.

11. Separate personal and business expenses

This makes it easier to identify and use valuable tax deductions.
Start by opening a business bank account and business credit cards. Interest from a business card may be deductible, but it isn't for a personal credit card -- even if you’re using it to fund your business.
Cutting costs can be easier than you think, and being smart about where to be frugal is crucial to helping your business thrive.
Levi King

Wednesday, April 22, 2015

9 things rich people choose to do that poor people don't

                                        Rich people think differently

The richest 1% of the world currently control 48% of the world's wealth.
The top 80 wealthiest people in the world control approximately $1.9 trillion, which just so happens to be the amount controlled by 3.5 billion people on the other end of the spectrum.
Can you believe that? There are 80 people in this world that collectively share the same amount of money as 3.5 billion people!
Global inequality continues to be a hot-button issue with many of us as we realize that we're in the bottom 99%. In fact, the Occupy Movement originated in 2011 for this very reason.
Many individuals who did not have wealth were disgusted by the richest 1% who "are writing the rules of an unfair global economy that is foreclosing our future."  
Is this true? Are we victims? Or are we all just too chicken to create wealth on our own, and therefore demand a handout from those that earned it with their blood, sweat, and tears?
While many of us would like to believe that each one of these 80 wealthiest people inherited their wealth, in actuality only 11 did.
The other 69 have built their immense wealth from very little. Look at Warren Buffett, for example. He grew up as a middle class child, but got addicted to the world of business and investing at a very young age.
Today, he is worth $72.3 billion (with a "b"). Nobody gave him this money. He earned it because he has always taken actions like the rich would and avoided the actions of the poor.
Since he has so much wealth, should he be required to give his money to the rest of us just because we haven't become as successful? I don't think so.
Instead, we should all be studying the things the rich do and should be actively doing them ourselves!

Rich people believe they deserve to be rewarded for their achievements.


1. The rich believe in the law of income.

The rich believe that they will be paid in direct proportion to the value that they deliver to the marketplace. In other words, if they are integral in forming a product that nearly everyone in the world wants/needs, then they should be compensated accordingly.
I personally know the inventor of the self-dimming rear-view mirror, which is now in almost every car in America. Do you think it would be fair to only pay him $15 an hour for the time he put into this invention? Or, since his product has been an amazing success, perhaps he should receive a portion of the proceeds from each sale? I believe in capitalism and am a big fan of the latter.
Poor people believe that we should all be paid the same amount, regardless of the outcome that we produce. With this mentality, innovation would likely cease to exist and the poor would still be poor, and on top of this everyone else would be poor along with them. I don't know about you, but this is not the future I want for my children.
assassins creed obstacle course sdcc 2014Casey Rodgers/Invision for Ubisoft/AP Images

Rich people see past the obstacles.


2. The rich focus on opportunities, not obstacles.

There once was a shoe salesman that found himself in a far-away country, trying to sell shoes to the natives. The only problem was, nobody there wore shoes and the sale was often quite difficult. The salesman soon gave up in frustration and decided to leave the area. On his way out, he met another shoe salesman. "Don't bother entering this town," said the first salesman, "These people don't even wear shoes." The eyes of the second salesman grew wide, "No one has shoes?? Then I could sell a pair to everyone in town! How fortunate we are to stumble upon an untapped market!"
It's all a matter of perspective. The poor often see obstacles and quickly give up, while the rich see the the opportunities and enter arenas that many wouldn't dream of.
warren buffett bill gates ping pongREUTERS/Rick Wilking

Bill Gates and Warren Buffett are friends who speak highly of each other.


3. The rich associate with positive, successful people.

Rich people know that attitude is everything. If they continually hang out with people that complain about the weather, bad-mouth the government, and speak negatively about the state of the economy, then they will likely start doing the same thing! If, however, these same people start hanging around individuals that continuously talk about success, opportunity, and the positive things in life, chances are that they will see the world from an entirely different perspective!
Instead of the world being a terrible place to live, it suddenly becomes a glowing land of success and opportunity. A great example of this is United States citizens vs. immigrants into the States. Immigrants are 4x more likely to become millionaires than those of us that grew up here. The main reason? We talk about the negatives of living in this nation, while immigrants see it as the land of opportunity. Quite frankly, it is what you make of it.
Elon Musk TeslaAPCEO of SpaceX Elon Musk is well-known for his talents.


4. The rich are willing to promote themselves and their value.

Rich people aren't afraid to tell you what they're great at. Most of the time, they aren't embellishing. It's the truth. Poor people might be great at many things, but they always seem to downplay them into nothing (either because they think negatively of salespeople or because they're not confident in themselves). Therefore, you assume their skills are just that — nothing. If you want to be wealthy, you must learn how to become a salesperson and at the very least, sell yourself.

Rich people keep at it until they've defeated their problems.


5. The rich grow bigger than their problems.

The poor see a problem and they chalk it up to bad luck and quit trying. The rich run into problems and might scratch their heads for a while, but they don't give up. They'll work and work until they discover a solution to the problem so they can win in the end.
A few years ago I heard a compelling story that fits this idea perfectly. There was a plot of land for sale that had always been classified as "residential." Many investors in the area knew that the value of the property would be worth 25 times the selling price if the property were commercial, but many had tried and failed at this appeal, so the property remained for sale at a severely discounted price.
But then one brave woman took on the challenge. She purchased the property, hired a team of lawyers, and after a few months of painstaking efforts, was able to get the land classified as a commercial property. Even with the cost of the team of lawyers, she earned 20 times her investment (in just a few months mind you). By tackling and overcoming the problem, she became a very wealthy lady.

The rich think of ways to have it all.


6. The rich think 'both,' the poor think 'either or.'

Economists came up with the term "opportunity cost" long ago. Put simply, this means that if you choose one thing, then you are ultimately forgoing something else. In other words, if I have $5 and I buy an $5 ice cream cone, then I am ultimately giving up that pack of gum that I wanted as well.
This is how poor people think too. They have a set amount of money and they think that they can either spend it one thing or another, but not both. It sounds logical, doesn't it? But the rich focus on how they can get both.
Following along the same lines as the example above, let's give a rich person $5. They too want both ice cream and a $5 pack of gum, but instead of thinking either or, they decide to go for both. To do this, the rich mindset would not buy the ice cream or the gum initially, but might instead buy a 24 pack of water for $5. They walk down the road a ways, sell each water bottle to passers-by for 50 cents and earn a total of $12. Now they can enjoy their ice cream, gum, and still have $2 left to spare! The rich have a "both" mentality, not "either or."
man relaxing in lawn chairDan Kitwood/Getty Images

The rich know it's what you're worth, not how much you work.


7. The rich focus on net worth, not working income.

Poor people often talk in terms of hourly pay, whereas wealthy people know that an hourly income is not nearly as important as someone's net worth. One can earn quite a lot of money per hour, but if they don't learn to keep any of it, they will still be broke in the end. The rich person knows that a large net worth will net many opportunities and will create more wealth in the future.

Rich people continue to educate themselves.


8. The rich constantly learn and grow.

Many kids today think that they'll be able to work just hard enough to earn their degrees, and then they won't have to pick up another book for the rest of their lives. They might turn this dream into a reality, but they'll likely be poor forever.
The rich starve for knowledge because they know that the more they learn, the more likely they are to succeed. The average millionaire reads one nonfiction book a month because they want to grow themselves into the person that they want to be. The average broke person will read nothing and will never change. As I like to say, "the rich constantly learn and grow, and the poor think they already know."

Rich people don't shy away from the hard path.


9. The rich don't mind taking the hard road.

The poor often stay poor because they take easy road after easy road, until they find themselves in bum-town. As an example, one person might have the option to work at the local grocery store for $8 an hour and could learn from the very wise businessman that owns the place. But instead, this person decides that making $8 an hour is for chumps and they start dealing marijuana for $200 an hour instead. The hard road could have made them into a successful business person, but they instead chose the easy road and eventually got addicted to drugs and ended up in prison.
The wealthy don't mind taking the hard road because they have a long-term mindset. The current life might be difficult, but they know their actions today could benefit them tremendously in the future, so they trudge along and keep their eye on the future prize. By staying focused and doing the things the rich do, many of them will become successful and wealthy as well.
This post originally appeared on Life and My Finances.

Derek Sall

Tuesday, April 21, 2015

7 THINGS A YOUNG PROFESSIONAL SHOULD NEVER DO ON SOCIAL MEDIA

In the age of personal branding, the line between what is and what isn't acceptable to post on your handles often gets blurry. Building up your own brand and elevating your career is now easier than ever with tools like LinkedIn, Twitter, Instagram and Facebook, to name a few—if you use them right. Here, the deadly mistakes to avoid making in the digital realm.



1) Complaining about your job, co-workers or boss. While this may seem like a no-brainer, sharing any negative feedback about your current job, employer or co-workers is the number one no-no. Don't doubt that future (and current) employers will raise a red-flag at the slightest jab or complaint via Twitter, Facebook, Instagram, LinkedIn, etc. Even a simple "dreading going to the office" or "bored at work" comment is a bad way to brand yourself in any industry.
2) Sharing too much information. Know where to draw the line between your digital and personal life. Relationship issues, personal problems and TMI tidbits are best kept in private conversation rather than being attached to your personal brand online.
3) Posting all of your partying pictures #AboutLastNight. There's nothing wrong with posting a tasteful, fun photo from a night out with friends but when your Instagram feed or Facebook timeline starts to look like the outtake reel ofThe Hangover, then it's a problem. Prospective and current employers will find a stream of drinking and partying photos to be a turn-off, even if you think it's "all in good fun" you don't want to be seen as the party animal job candidate.
4) Inserting yourself in controversial conversations. While it's okay to share your opinion, steer clear of topics or news that could be too controversial—i.e. religion, race, politics. If your opinion could be offensive, it's best not to broadcast it all over the internet. Controversial remarks are a huge turn-off to potential employers and could cost you landing that dream interview.
5) Going on a venting tirade. It may be tempting to go on a complaining spree via Twitter or Facebook, but you don't want the negatives to outweigh the positives of your online personality. Keep your emotions in check—take a deep breath and think before you send out any bad vibes that may reflect badly on you in the future.
6) Aggressively networking for a job or interview. LinkedIn and Twitter are great tools to network with other professionals in your industry, but there's a big difference between "networking" and "harassing." Repeatedly sending messages or interview requests to potential employers through social media isn't going to land you a job, it's just going to come off as unprofessional. Use social media to seek out advice or start a conversation, not to beg for a job.
7) Referencing illegal activities. Another no-brainer, photo or not ("joking" about it via Twitter or Facebook counts too)—anything that you wouldn't do or say in front of a police officer, shouldn't go on social media. Consider it the quickest way to sabotage your own career and personal brand.
Lauren Fisher

Thursday, April 16, 2015

10 Habits You Should Ditch Now to Bring Productivity to an All-Time High



They say that you have the same number of hours in the day as Beyonce -- so why does it feel like you’re never able to get caught up on your business to-do list?
Apart from not having your own team of personal assistants, stylists and other hangers-on, it could be your habits that are keeping you from achieving your business goals. Fortunately, habits can be broken.
Here are 10 habits you should ditch right away to improve your productivity:

1. Checking email constantly

Let’s face it: We’re all guilty of wasting precious time and mental focus by over-checking email. The impact of this habit is serious, though, as checking email too frequently has been linked to lower memory function, anxiety, depression and lower performance.
The best way to overcome this bad habit is to only check email at certain times. If necessary, you can create an auto-reply email saying “I check my emails at 10 a.m., 12 p.m. and 3 p.m. I’ll respond to you as soon as possible.”

2. Scheduling weekly status meetings

Most of us have the sneaking suspicion that meetings are a huge time-waster, yet we keep scheduling them anyway. One of the biggest culprits is the weekly status meeting. Even if nothing has changed, everyone has to stop what they’re doing and attend a face-to-face meeting. Instead, try using a shared project management system,internal chat tool or Google Docs to track milestones and note what has been accomplished so far.

3. Working long hours

Studies have shown that those who work more than eight hours a day have lower productivity and higher burnout rates than those who don’t. Clocking these hours might look good, but you aren’t getting anything extra accomplished. Instead, work on being more focused during your work hours by using techniques such as time blocking. Your results will speak for themselves.

4. Waiting on the big project

When you look at your to-do list in the morning, what do you tackle first? If you tend to do the easier things first and wait on the big projects, you’ve got a bad habit. By the time you get to the important work -- if you ever do -- you’ll be tired, cranky and far less productive. By starting on the big project right away, you give it your best energy while saving the easy work for later in the day when you naturally have less focus and motivation.

5. Having coffee for breakfast

Almost everyone uses caffeine to wake up, but is that all you’re using? If you’re not eating breakfast, you’re missing out on important fuel for your day. After sleeping, your body is dehydrated and hungry. If you have coffee for breakfast, you’re not giving yourself the nutrients and liquids you need, which will undoubtedly have a big impact on your productivity and mood throughout the day.

6. Not getting eight hours of sleep

Speaking of sleep, do you get your full eight hours? Most American business owners don’t, and it’s killing their productivity. Research has shown that getting five hours or less of sleep several nights in a row affects you in the same way that having a 0.10 blood alcohol level does. In addition, you’ll be more prone to mistakes, have more headaches and be more easily distracted if you don’t get enough sleep.

7. Eating lunch at your desk

You may think that you’re being more productive by skipping your lunch hour, but what happens if you spill food or a drink on a key report -- or your keyboard? You could ruin your productivity for the afternoon with a simple slip-up. In addition, you’re more likely to make poor food choices and overeat if you’re eating at your desk. Do your productivity a favor and get lunch away from your desk.

8. Not taking breaks

You may think you’re more productive if you keep plugging away, but studies show that people need breaks to maintain maximum productivity. Think of a break as a way to rest, allow your brain to make new creative connections, and refocus on what’s most important. Breaks also help prevent mistakes and keep us engaged with our work.

9. Giving every task equal importance

According to the 80/20 rule, 20 percent of our tasks will produce 80 percent of our results. So why are you treating all tasks as if they’re equally important? By focusing on the most important 20 percent -- which may not be your most urgent work -- you’ll be significantly more productive. There’s nothing more frustrating than spending a day “fighting fires” only to realize that you didn’t accomplish your most important work.

10. Multi-tasking

You may think you’re being more productive when you try to do two things at once, but you’re fooling yourself. Your brain may be good at switching quickly between tasks, but it still causes a loss of focus, creativity and productivity. By focusing on one task at a time, you’ll get more done overall.
Having bad habits is common, but they can be overcome. By focusing on breaking these 10 productivity-killing habits, you’ll dramatically improve your effectiveness, making it possible to accomplish whatever business goals you’ve set for yourself.  
What other bad habits do you fall victim to? Share your challenges by leaving a comment below!
Sujan Patel

Wednesday, April 15, 2015

5 Traits All Successful Startup Entrepreneurs Have



Whether you have decided to start your first venture, or you’ve been running a company for a while now, you ought to take note of certain traits that all accomplished entrepreneurs share.
Long-term success, after all, is not due to luck or circumstance but is the product of hard work and dedication by the entrepreneur. Those who always seem to be ahead of the game, starting and growing successful start-ups that are sold for profit, or building small businesses into empires, all share a few specific qualities that everyone can learn and benefit from.

1.  Passionate.

This might seem like an obvious trait, but you would be surprised by how many entrepreneurs start companies because they want to “get rich” but do not necessarily believe in the idea or love the product. You don’t have to be a “type A” personality to run a prosperous enterprise, or a workaholic who gives up every other aspect of his or her life. However, running a business is hard work, which is made less burdensome if you love what you do. The hours you put in to develop a start-up won’t feel like a chore you resent if running the company gives you purpose.

2.  Motivated.

Managing a start-up often means you are one of only a small number of employees -- if not the only employee. There will be no boss standing over you making sure things get done, no deadlines set by outside forces to spur you on and no immediate consequences if you decide to go see a movie instead of getting work done. However, while there may be no consequences -- such as losing your job -- there may still be repercussions. Your company will only be as successful as you make it, and that requires a firm commitment to producing quality work in a timely manner. Procrastination should be a foreign concept for you. As an entrepreneur, you must be driven to succeed, and that drive must come from inside yourself, not outside forces.

3.  Calculated.

Before you do anything, sit down and plan your day, your week and for the current quarter, your company goals. Define what "success" means to you and do not use generalizations. Specify that in 90 days your business should “sell 10,000 units per week,” “have more than 100,000 daily visitors to the website” or “have a valuation of more than $1 million.” Create short-term plans with actionable tasks to help you reach smaller milestones along your start-up journey. You cannot build a highly profitable company overnight, so these should be your stair-steps on the path to reaching your long-term goals. Calculated entrepreneurs reverse-engineer success instead of wait for it to simply happen.

4.  Educated.

The most accomplished people never reach a point where they believe they have all the answers. They cultivate a network of peers with different specializations they can bounce ideas off of. They read articles and books on a regular basis to stay on top of emerging trends and industry best practices. They attend conferences, events and workshops to learn new skills and hone old ones.
Take Bill Gates, for example. He's one of the most renowned entrepreneurs in our country -- and also an unashamedly voracious reader. Some estimates put his pace at about a book a week -- and his selections range from general business to history, to closer looks at subjects he finds interesting. While you don’t necessarily have to match his pace, his example is one all entrepreneurs should emulate. No matter how successful you or your business become, never assume you know everything, and always seek out opinions and ideas that challenge what you already know.

5. Tenacious.

Whether you call it tenacity or stubbornness, all successful entrepreneurs refuse to call it quits. Every start-up will hit the occasional bump in the road -- times when things do not go as planned, or outright fail. These are the times when the most brilliant businesspeople separate themselves from the rest of the pack. Smart entrepreneurs know that every failure and missed opportunity is a chance to learn something and grow, both personally and professionally. Instead of agonizing over mistakes, they analyze what went wrong, then put plans and policies in place to avoid repeats of those mistakes. They ignore naysayers who suggest it might be time to throw in the towel; they thrive in the face of adversity.
Entrepreneurship comes with few guarantees. In fact, only about 50 percent of all businesses survive the first five years. You can stack the odds in your favor, however, by studying those who tend to beat the odds. Soon enough, you will cultivate the same traits they possess, the ones that allow them to find success over and over again.
Firas Kittaneh