Monthly Archive for January, 2007

Dozens of new ideas created in one night

[excerpt]First Play Prosperity Games dinner partyMy first Play Prosperity Games dinner was a huge success.

About two dozen new ideas were created. Ideas that are based on what people love. Since the ideas excited each person so much I can’t list them here as they are quickly going out and making it happen. I’ll let you all know when people implement their ideas and come out with them. I can’t wait.[/excerpt]

Here is what a player said about last night.

“The Play Prosperity Game is amazingly inspiring and helpful for creating ideas. It’s a fun and productive way to generate numerous possibilities and unlimited opportunities. - Dottie Goodsun

“Playing Prosperity games was a truly inspiring experience! Not only was it a ton of fun, it was also incredibly powerful. Ideas I NEVER would have conceived of came out and the process was easy. I had as much fun helping others brainstorm their ideas, as I did creating over 5 new ones myself! Play now!” - Nancy Sherman

The No Patrol

[excerpt]Sometimes you have to say no. So you can say yes. Focusing on what you do best means you sometimes have to say no. But what do you say no to. That is always a big question. It gets easier with experience, much easier. But, it is always a question.

I just read a post by Susan Mernit who works at Yahoo Personals. She has an excellent article on how knows what to say no to.[/excerpt]

Over at Susan’s website she has learned to say no.[/excerpt]

But if I’m clear on all that, why do I spend some much of my time saying No? Often, I say No because

* The project isn’t something we have the resources to do right now–and it’s not worth prioritizing over something else
* It’s a nice to have, not a must have
* The level of effort and the return don’t line up enough
* It’s distracting from our core business objectives–for the year or the quarter
* It’s overbuilding–we think it’s neat, but customers won’t notice
* It’s too bleeding edge (this is a subset of overbuilding)–we love the idea but the novelty outweighs the business impact

Do what you enjoy and prosperity follows

[excerpt]I find it sad when I see a well paid doctor who so doesn’t enjoy his job that the BWM and huge house really don’t make up for it. I enjoy seeing people that love what they do so much that even a crappy car is a joy to drive for them. I just read this article by Daniel about doing what you enjoy to find abundance and prosperity. I agree with him on that. Here is some of what he had to say.[/excerpt]
The original article is Self Help: Abundance and Prosperity is Found in Doing What You Enjoy

Every one of us is born with a purpose and we exist to do something special. It is our duty to discover what that something special is, and fulfill it.

Unfortunately, it usually takes many years of trial and error, frustration, and questions for most people to get their own personal purpose clear. It should not take years to get your purpose clear because your purpose is simply found in your gifts, talents, and interests.

I believe if you go out and live your life, doing what you enjoy the most, great blessings will follow you. It’s these blessings that cause you to enjoy your life. Not the amount of income you are earning, which most people think.

Is a Business Plan Necessary?

[excerpt]I found this article by Guy Kawasaki on how formal written business plans do not help in business success rate very interesting. Richard Branson use one page and writes by hand the aspects of the business to minimize the downside and understand the business model.[/excerpt]

This study examined whether writing a business plan before launching a new venture affects the subsequent performance of the venture. The data set comprised new ventures started by Babson College alums who graduated between 1985 and 2003. The analysis revealed that there was no difference between the performance of new businesses launched with or without written business plans. The findings suggest that unless a would-be entrepreneur needs to raise substantial startup capital from institutional investors or business angels, there is no compelling reason to write a detailed business plan before opening a new business.

Why Join A Mastermind Group?

[excerpt]Phil Gerbyshak wrote a good article on why you should join a mastermind group. Here is an excerpt.

Mastermind groups offer new perspectives. Have you heard the old saying, it’s hard to see what’s on the outside of a bottle when you’re stuck on the inside? This is why mastermind groups are so valuable. You can team up with people that are outside of your life bottle and see things you couldn’t otherwise see. Additionally, the folks you choose will have different experiences than you, and can offer new ways to handle issues that come up, and can help you by asking you great questions that help you find the answer to get through those times you are stuck and in need of a breakthrough.

[/excerpt]

Mastermind groups offer a built in accountability circle. When you share your goals and with someone else, you help them help you be more accountable for the outcomes. One of the best ways to achieve something is to be constantly reminded about it, and a mastermind group offers 4 or more people that can ask you where you are with your goal, and offer encouragement if you’ve fallen away from your goal.

Strength where are you are weak. Nobody is good at everything. That’s a fact. Joining a mastermind group helps you fill in those weak spots with people who have strengths you’re lacking, if you build the group strategically. Find people who are organized if you’re lacking organization, who have good writing skills if yours are lacking, and generally are gifted in areas you are not. After all, it’s a lot more fun working in our strengths zone than in our weakness zone, and if we work together, we can ALL be stronger.