Lesson 1: Difference between Growth and Development
Growth is the rise of topline numbers going into the system, whereas development is the system’s efficiency that will extract energy into the environment. For example, India is growing more than the US but still needs to be developed as the US, and vice versa.
The primary lesson is that the way the info industry loves topline growth can become counterproductive after a certain point. Hence, our primary goal should be the same top line but double profits instead of vice versa this year.
Lesson 2: Importance of Partners
Owning 100% of your businesses can make you a control freak and lead to a scarcity mentality. Although giving up a part of your company can be heartbreaking, it can be a game changer. Here are five reasons why:
- Higher reliability
- Partners help drive growth
- Allows you to diversify
- Having partners is fun!
- Partners can open you up to blind spots
Lesson 3: Why Cash Flow is Vital to Build a Team
Firstly, you need to be professional and skilled from the very beginning. Work in such a highly professional way that you can charge more than competitors and retain them. Higher profits can set you up to have a margin and a cash flow to hire a great team of talented individuals.
Lesson 4: Having Fun
Indeed, working hard today without distractions is essential for a better tomorrow, but on the other hand, letting loose a bit and enjoying the moment sometimes is significant as well. Having fun has proved to increase ROI by understanding the utility of money.
Because the things you can do now with your money, for example, go on a world tour, you cannot do when you’re 80. Going out, having fun, and making memories can rejuvenate you and make you a much more productive person instead of constantly working.
Lesson 5: Losing Weight (Health and Fitness)
Food is vital for energy but in moderation. Staying healthy and losing unnecessary weight comes with a lot of benefits. You can track your weight regularly, count and lower calories, and make goals. It would help if you made your eating habits such that you can continue for a lifetime.
Lesson 6: The Power of Organic Traffic
Getting traffic is much easier if you have an organic following. There’s no need to run ads or worry about getting banned or compliance issues; it is much more profitable and cheaper. Spending a little on creating an organic team can yield much more profits than spending a lot on ads. With organic, instead of constantly convincing clients of your value, they are convincing themselves.
Lesson 7: Investing
Especially after the market, your capital should focus on things you actively participate in and your companies. Furthermore, it would help if you seized potential marketing opportunities.
Bonus lesson: Healing The Past
You can associate with a therapist or a life coach. It is essential to improve your relationships, work-life balance and ultimately increase happiness and satisfaction. Healing from past traumas and disallowing them to affect you any longer, you can become more empathic, natural, and stress-free.