The Stressless Entrepreneur

Entrepreneurship can be a very stressful proposition. We’re trying to build our business and encounter countless challenges along the way. Cutthroat competition, product design issues, labor shortages, cash flow problems, slow sales, shipping snafus, government regulations, incredibly tight deadlines, lack of sleep and a host of other struggles. A lot of this is simply unavoidable and part of the growth and scaling process. How we deal with stress under duress is the name of the game.

Here are several questions we can ask ourselves. Is stress negative and draining? Do we view stress with fear and trepidation? Is stress something that we must survive? Or do we embrace stress and use it to “lean in” and thrive? You may think that thriving in stress is counterintuitive. But it is not.

It’s a fact that there are many opportunities for situations to become stressful. However, just because a situation is stressful doesn’t mean that we must buy in and take on the stress for ourselves. I know – this is certainly easier said than done. We start by observing how we normally react when confronted with potentially stressful circumstances. Some people withdraw and climb into a shell. Others might be combative and hypersensitive. Still others may wear their heart on their sleeve and present a woe-is-me portrait. Finally, there are those who may show panic and confusion. As entrepreneurial leaders we cannot afford to display any of these tendencies.

How we react outwardly is important to our team. If we are snippy and curt with the people around us, they will sense that something is wrong. If we show fear, they will smell fear and know that something is wrong. By always maintaining an optimistic and cheery demeanor, we can ensure the mental health of our enterprise. I realize that this is hard to do if we really aren’t feeling all that confident in the situation. It’s very difficult to fake it successfully. What to do?

On April 17, 2018, Southwest Airlines Flight 1380 bound from New York to Dallas suffered a massive engine failure that resulted in the loss of cabin pressure and the life of a passenger. Captain Tammie Jo Shults and First Officer Darren Ellisor remained calm under fire and safely landed the aircraft. They didn’t panic and followed their training to the letter. Once back on terra firma, Captain Shults personally spoke to each passenger as they deplaned. What was their secret? They eliminated the emotion and worked the problem.  

When we’re overwhelmed stress can build exponentially. This is the time to heed the old saying – eat the elephant one bite at a time. We break down whatever massive undertaking that is causing stress into manageable tasks. I am a compulsive list-maker. When a mountain looms in front of me I try and avoid looking at it in its totality. Instead, I develop a series of individual tasks and check them off my list as I finish them. I know this may sound like a mental game, but it works for me, and it might work for you too.

The next idea may seem like a bit of a stretch but can achieve the concept of leaning in and thriving. When faced with a sticky situation we look for the silver lining and ask the question, “How can I turn this into something positive?” Accomplishing this takes a lot of practice. It involves rising above the chaos and stress to take a clinical look at the landscape and find a way to succeed. I remember talking to a friend who had a major client that was terminating the relationship. Many entrepreneurs would have wrung their hands in despair. My friend immediately reached out to the primary competitor of the departing client and told him that he was now available to work with the competitor. This new relationship was worth twice the amount of business for my friend than before.

There are many other stress-busting techniques – and there may be times when we need to utilize all of them at our disposal. We should make certain we don’t become one-dimensional. Having other interests besides work provides outlets for our stress and frustration. This may include physical activities, hobbies, civic or charitable work to name a few. Meditation and deep-breathing exercises are excellent ways to remain centered and relaxed. It’s important to practice them continuously and not just when we are in distress. Finally, I’m a big proponent of creating and saying positive affirmations. Positive affirmations pattern our minds away from negativity and fear. For example, saying something like, “I am totally relaxed and ready to claim my good!” may be a great way to start. I know it may sound corny, but I’m living proof that it works. Saying a positive affirmation in groups of ten at least 100 times a day will lay the foundation. Doing it for a week or two adds the cement.

We all have moments where stress can build to overwhelming levels. But it doesn’t have to be debilitating if we choose to embrace it; lean into it and thrive.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

The In-the-Zone Entrepreneur

“I need to stop and get milk on the way home from the office. I wonder how that new employee we just hired is going to work out. Wow, it is hot in here! I’m hungry. This paragraph I am reading makes no sense. Boy it is sure hard to concentrate right now. The stock market is way down today. Man, I am really hungry. Note to self – pick up wife’s birthday present. Must also remember to follow-up with Smith on the Franklin contract. Blah, blah, blah, buzz, buzz, buzz . . .”

Does this sound like what is going on in an entrepreneur’s mind ALL THE TIME?! Do you recognize the pattern? If you are like me, you have a million thoughts crossing your mind at warp speed and on a continual basis throughout the day. There are all kinds of statistics to be found, but the National Science Foundation provides a range of 12,000 to 50,000 thoughts per day for each of us. Even on the low end, that is a lot of thoughts. As a result, it is easy to become overwhelmed by our own minds. We are constantly bombarded with massive amounts of stimuli – much more so than ever before. I believe that the Internet and technology in general has enabled us to connect with a multitude of people and things that contribute to this trend. Think about a farmer in the 1800s. He might have read a newspaper every once in a while. Beyond that, he was not really in touch with the world outside his own small community. He worked hard physically. His mental challenges were pretty much limited to providing for and taking care of his family.

How hard would it be to just sit quietly for 30 minutes and think of absolutely nothing? I do not know many people who can actually do this. And yet, we need to be able to clear our minds of the clutter that accumulates throughout the day. A friend of mine has some wonderful advice. He says, “Listen deeply into the silence behind the noise.” Yes, much of what we think is just noise. Have you ever tried to talk on the phone with someone while a very loud conversation is occurring within earshot? Have you ever tried to focus and concentrate when there is a loud television blaring in the background? This is exactly what is happening in our minds with all the thoughts competing for attention. So, what to do?

To listen deeply into the silence behind the noise means that we must clear and quiet our minds. There is probably nothing harder for us entrepreneurs than to slow down and turn off our thoughts. But I think you will agree that when this is accomplished the flow of creative energy becomes even greater than before. And of course, creativity leads to better products and services; a more acute awareness for solving problems, and stronger interpersonal relationships. Whether you meditate, practice yoga, take long walks, or engage in some other daily mind-clearing activity the important thing to remember is to be present. Most of us are either thinking thoughts about the past or the future. When I take a walk, I try and focus on where I am and what I am experiencing in the moment. I observe the color of the sky, the shape of the clouds, the birds I am seeing in the trees and the sounds that are cascading around me. Above all, I am able to push all of the thoughts about past and future out of my head and live for the moment during the time I’m talking my walk.

We must be intentional about clearing our minds of the clutter that accumulates. Only then will our creative energy be heightened in positive and rewarding ways.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

The WUONPS Entrepreneur

Have you ever found yourself in what I call a “wired-up overwhelmed near-panic spiral – WUONPS?” You wake up at 3:30 AM with this gnawing feeling – you are not worried about anything in particular, but that feeling is there. You cannot go back to sleep, so you get up and make some coffee. You surf the internet while drinking three cups of coffee. Then you hit the drive-through at Starbucks on the way to work and get a Triple Frappasomething with an extra double shot of cappuccino. It has been consumed before you reach the first stoplight. By the time you arrive at the office the feeling is welling up. With few more cups of coffee, a glance at 75 new e-mails and a minor crisis dropped in your lap, you have now reached the pinnacle of WUONPS. Oh, and it is only 8:11 AM. What to do?

The first step is to recognize the state that we are in. The quicker we can do this the faster we can move toward resolution. When we push on without stepping back our feelings cascade and we end up in a spiral. In aviation parlance, we are now in full-fledged crash and burn mode. When we recognize that we are headed into WUONPS we need to stop what we are doing IMMEDIATELY. Then we need to go and find a quiet place for decompression.

Once in our quiet place it is important to sit with our feet flat on the floor and hands in our lap with our eyes closed. We take a deep breath and let it out slowly. We do it again and again. Focusing on our breathing is a sure-fire method of calming ourselves. Deep breathing delivers increased amounts of oxygen to the brain. Livestrong.com says this: “Breathing slowly and mindfully activates the hypothalamus, connected to the pituitary gland in the brain, to send out neurohormones and trigger a relaxation response in the body. The hypothalamus links the nervous system to the endocrine system, which secretes the hormones that regulate all activities throughout the body.” Scientific explanation or not, this process definitely works.

Once we have begun to “unwire” through deep breathing, we might undertake the ROY G BIV exercise. ROY G BIV is an acronym for the seven colors of the rainbow – red, orange, yellow, green, blue, indigo, and violet. In our mind’s eye we see each of the colors of the rainbow traveling from the center of the earth through the bottom of our feet, up our leg, across our midsection, down the other leg and back to the center of the earth. We do this slowly and intentionally with each color of the rainbow. The purpose of ROY G BIV is to ground ourselves. I know that when I have been in a state of WUONPS, I have a weird free-floating out-of-control feeling. ROY G BIV eliminates this feeling.

After spending ten or fifteen minutes deep breathing and grounding ourselves, we are now ready to move back into the day. But first we should review our goals and objectives for the day. We spend a few moments with our “To Do” list and make sure we are clear on what we intend to accomplish for the rest of the day. Then we move forward with a new purpose and a new attitude. And . . . we avoid any additional caffeine for the rest of the day. We can also eliminate WUONPS altogether if we exercise regularly (daily for me); limit our consumption of caffeine and maintain a daily practice of meditation or quiet time.

Recognizing WUONPS is critical. Breaking the spiral with deep breathing and ROY G BIV is paramount. Recommitting to the day with a clear understanding of what we intend to accomplish puts us back on the calm and productive path we desire.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

The Burned-Out Entrepreneur

Imagine a warm summer night, a meadow away from the city lights and a cloudless, moonless sky. A blanket is spread on the ground and you stretch out on your back and gaze at the heavens above. Trillions of pin dots twinkle back at you. Suddenly, as luck would have it, a streak of light crosses right in front of your eyes – a brief moment of intense action in an otherwise passive setting. Yes, a meteor is truly a sight to behold and provides a metaphorical warning to us as entrepreneurs.

The romanticism of a shooting star quickly gives way to the realization that we have just witnessed a piece of interplanetary debris burning up in the earth’s atmosphere. The operative words here are “burning up.” In entrepreneurial parlance, we’re talking about “burnout.” We all know what burnout is, so I don’t need to describe its symptoms. In fact, we’ve all probably experienced burnout in some form over the course of our careers. More important are two central questions. How do we prevent burnout in the first place? And how do we get out of burnout if it already holds us captive?

Preventing burnout in the first place is actually easier than figuring out how to get out of it once we’re in it. Consider this example. Jeff is focused on his software training business in laser-like fashion. He eats, sleeps and breathes software training and hasn’t had a vacation in six years. The business is growing in a very profitable fashion, but Jeff worries every day that if he takes his eye off the ball, his competition could easily overtake him and he’d begin losing money. He justifies his herculean efforts as the right way to provide for his family (but he’s missed eight of his son’s last ten soccer games). By contrast, Amy has a competing software training business. She is passionate about her company which is growing like Jeff’s and is also profitable. Amy has learned through time management techniques and following a carefully thought plan, how to be incredibly productive while she’s at work. She serves on a non-profit board, exercises and meditates every day, volunteers at a local homeless shelter, plays tennis and takes a ten-day vacation every six months. It’s pretty obvious which entrepreneur is a prime candidate for burnout. Because she has embraced a life balance, Amy is more creative and innovative. When Jeff finally hits the wall Amy will blow on by him because she has learned how to build a strong team to which she can delegate.

Extracting ourselves from the clutches of burnout is a real challenge. The first step is to go back to the basics and determine if our vision and mission are the same now as they were when we were filled with passion at the outset of our endeavor. Do they need to be tweaked? What made us passionate about what we started doing in the first place? Are our core values intact? Reconnecting with our passion is critical and can only happen when we become grounded in our vision, mission and values. Without this re-set we cannot know for certain if the passion is truly alive.

Next, we need to make the choice to move toward a more balanced approach to life. Nothing prevents us from adopting Amy’s M.O. Experts say that it takes three weeks to form a habit. Every day we must become intentional about identifying and implementing the different elements that will compose our newly balanced life. Getting out of ourselves and doing good things for others is one of the best ways to break out of the burnout cycle.

Finding a balance in life is the best preventive medicine for warding off burnout . . . and for getting out of it. While shooting stars are spectacular to watch there’s no need to be one.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

The Panicked Entrepreneur

The mind is an amazing organism. It can move from a euphoric state to a panicked state in a millisecond. All of us – entrepreneurs and non-entrepreneurs alike – are continually challenged to manage our thought processes. That said, have you ever found yourself in what I call a “wired-up overwhelmed near-panic spiral?” You wake up at 3:30 AM with this gnawing feeling – you’re not worried about anything in particular, but that feeling is there. You can’t go back to sleep so you get up and make some coffee. You surf the internet while drinking three cups of coffee. Then you hit the drive-through at Starbucks on the way to work and get a Triple Frappasomething with an extra double shot of cappuccino. It’s been consumed before you reach the first stoplight. By the time you arrive at the office the feeling is welling up. With few more cups of coffee, a glance at 75 new e-mails and a minor crisis dropped in your lap, you’ve now reached the pinnacle of classic panic. Oh, and it’s only 8:11 AM. What to do?

The first step is to recognize the state that we’re in. The quicker we can do this the faster we can move toward resolution. When we push on without stepping back our feelings cascade and we end up in a spiral. In aviation parlance, we’re now in full-fledged crash and burn mode. When we recognize that we’re headed into a state panic we need to stop what we’re doing IMMEDIATELY. Then we need to go and find a quiet place for decompression.

Once in our quiet place it’s important to sit with our feet flat on the floor and hands in our lap with our eyes closed. We take a deep breath and let it out slowly. We do it again and again. Focusing on our breathing is a sure-fire method of calming ourselves. Deep breathing delivers increased amounts of oxygen to the brain. Livestrong.com says this: “Breathing slowly and mindfully activates the hypothalamus, connected to the pituitary gland in the brain, to send out neurohormones and trigger a relaxation response in the body. The hypothalamus links the nervous system to the endocrine system, which secretes the hormones that regulate all activities throughout the body.” Scientific explanation or not, this process definitely works.

Once we have begun to “unwire” through deep breathing, we might undertake the ROY G BIV exercise. ROY G BIV is an acronym for the seven colors of the rainbow – red, orange, yellow, green, blue, indigo and violet. In our mind’s eye we see each of the colors of the rainbow traveling from the center of the earth through the bottom of our feet, up our leg, across our midsection, down the other leg and back to the center of the earth. We do this slowly and intentionally with each color of the rainbow. The purpose of ROY G BIV is to ground ourselves. I know that when I’ve been in a state of panic, I have a weird free-floating out-of-control feeling. ROY G BIV eliminates this feeling.

After spending ten or fifteen minutes deep breathing and grounding ourselves, we are now ready to move back into the day. But first we should review our goals and objectives for the day. We spend a few moments with our “To Do” list and make sure we are clear on what we intend to accomplish for the rest of the day. Then we move forward with a new purpose and a new attitude. And . . . we avoid any additional caffeine for the rest of the day. We can also eliminate panic altogether if we exercise regularly (daily for me); limit our consumption of caffeine and maintain a daily practice of meditation or quiet time.

One more thought. The older I’ve become the more I realize how I tend to allow my mind to blow things out of proportion. Almost always, what I’m imagining isn’t nearly as bad as reality. And sometimes my imagination doesn’t even reflect reality at all. Bottom line – I’m learning not to take everything so seriously which also helps to eliminate the panic that I may have felt in the past.

Recognizing that we are heading into panic mode is critical. Breaking the spiral with deep breathing and ROY G BIV is paramount. Recommitting to the day with a clear understanding of what we intend to accomplish puts us back on the calm and productive path we desire.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

Entrepreneurial Insomnia

How well are you sleeping? I know many entrepreneurs who aren’t. The reasons are many. One particular friend of mine has been struggling with this for a while. He has started going to bed earlier each evening because he knows he is going to wake up around 3:30 or 4:00 and won’t be able to go back to sleep. So, he has resorted to getting up at that time and working for a few hours from home before heading to his office.

My friend explains that he is awakened because his mind starts churning. The frustrating thing for him is the fact that he knows he’s obsessing over small stuff – sometimes it’s infinitesimally small stuff. Most of the time the thoughts he is having are about things going on in his business that he shouldn’t even be worrying about. I certainly understand what he’s going through – I’ve been there many times myself. So what’s the solution?

For starters, my friend knows he needs to delegate. There are others in his organization who should be handling the issues that are keeping him awake. Thus, the first step in fixing his slumber problem is to make sure that he has people on his team who are responsible for handling the nitty-gritty items so that he can focus at working on his business rather than in it.

The next step in my friend’s process is physical activity. He is used to working out but there are days where he blows it off. Physical exercise produces endorphins which help reduce stress and generate positive feelings. A brisk walk or run along with lifting weights for 30 minutes or more each day will do the trick. If I miss a day due to travel I find myself actually craving my workout regimen. Generally I find that physical activity first thing in the morning gets my day started off right. My friend has re-committed to doing the same.

In addition to daily exercise it’s critical that we spend time becoming centered through meditation. This practice enables us to clear our minds of the clutter that tends to accumulate. My friend has attested to the benefits he enjoys when he meditates for 15 minutes each day. He finds that meditation lowers his blood pressure and pulse rate. He feels calmer as his anxiety melts away.

Journaling is another technique that has been helpful for my friend. He is working to become more disciplined at recording the various aspects of his day in a journal. Notes are made about the high points and the low points – he can then look for patterns that shed light on what might be working in his subconscious to keep him from sleeping.

Each of us has much for which to be grateful. My friend acknowledges this and is working on starting and ending each day in gratitude. I like to take this a step further. Before making any phone call or entering a meeting, I try to hold a thought of gratitude in my mind. It may just be an image of one of my daughters, my wife or my grandchildren. But whatever the thought or image, it sets the tone for my encounters with others, and it keeps a smile on my face throughout the day.

I gave my friend another piece of advice that works consistently for me. One way I avoid becoming too wrapped up in daily frustrations is to “get out of myself.” What does this mean? Very simply I find that when I am doing something for someone else I forget about my own troubles. There are so many ways to do this – large and small. Turning the focus away from ourselves and onto others can be a powerful sleeping pill. We go to sleep with the satisfaction that we helped make a difference in someone else’s life.

My friend is amazing at creating trust and building relationships with others. His whole face shone as he professed that the high point of his day is when he can make a sales presentation or interact with a prospective customer. I told him that he ought to program his schedule so that he can do this at least once a day. We should all make sure that we are doing what we love and enjoy every single day.

Entrepreneurial insomnia can be cured by a cocktail of physical activity, meditation, maintaining a journal, living in gratitude, getting out of ourselves and dose of doing something we love each day. I guarantee that if you follow this recipe you’ll sleep like a baby. Sweet dreams.

You can also listen to a weekly audio podcast of my blog. What you hear will be different than what you read in this blog. Subscribe on iTunes or wherever you get your podcasts. You can also click on this link – Click here to listen to Audio Episode 2 – The When Affliction.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

Stress and the Entrepreneur

Entrepreneurship can be a very stressful proposition. We’re trying to build our businesses and encounter countless challenges along the way. Cutthroat competition, product design issues, labor shortages, cash flow problems, slow sales, shipping snafus, government regulations, incredibly tight deadlines, lack of sleep and a host of other struggles. A lot of this is simply unavoidable and part of the growth and scaling process. How we deal with stress under duress is the name of the game.

Here are several questions we can ask ourselves. Is stress negative and draining? Do we view stress with fear and trepidation? Is stress something that we must survive? Or do we embrace stress and use it to “lean in” and thrive? You may think that thriving in stress is counterintuitive. But it is not.

It’s a fact that there are many opportunities for situations to become stressful. However, just because a situation is stressful doesn’t mean that we have to buy-in and take on the stress for ourselves. I know – this is certainly easier said than done. We start by observing how we normally react when confronted with potentially stressful circumstances. Some people withdraw and climb into a shell. Others might be combative and hypersensitive. Still others may wear their heart on their sleeve and present a woe-is-me portrait. Finally, there are those who may show panic and confusion. As entrepreneurial leaders we cannot afford to display any of these tendencies.

How we react outwardly is important to our team. If we are snippy and curt with the people around us, they will sense that something is wrong. If we show fear they will smell fear and know that something is wrong. By maintaining an optimistic and cheery demeanor at all times, we can ensure the mental health of our enterprise. I realize that this is pretty hard to do if we really aren’t feeling all that confident in the situation. It’s very difficult to fake it successfully. What to do?

On April 17, 2018, Southwest Airlines Flight 1380 bound from New York to Dallas suffered a massive engine failure that resulted in the loss of cabin pressure and the life of a passenger. Captain Tammie Jo Shults and First Officer Darren Ellisor remained calm under fire and safely landed the aircraft. They didn’t panic and followed their training to the letter. Once back on terra firma, Captain Shults personally spoke to each passenger as they deplaned. What was their secret? They eliminated the emotion and worked the problem.

When we’re overwhelmed, stress can build exponentially. This is the time to heed the old saying – eat the elephant one bite at a time. We break down whatever massive undertaking that is causing the stress into manageable tasks. I am a compulsive list-maker. When a mountain looms in front of me I try and avoid looking at it in its totality. Instead, I develop a series of individual tasks and check them off my list as I finish them. I know this may sound like a mental game but it works for me and it might work for you too.

The next idea may seem like a bit of a stretch, but actually can achieve the concept of leaning in and thriving. When faced with a sticky situation we look for the silver lining and ask the question, “How can I turn this into something positive?” Accomplishing this takes a lot of practice. It involves rising above the chaos and stress to take a clinical look at the landscape and find a way to succeed. I remember talking to a friend who had a major client that was terminating the relationship. Many entrepreneurs would have wrung their hands in despair. My friend immediately reached out to the primary competitor of the departing client and told him that he was now available to work with the competitor. This new relationship was worth twice the amount of business for my friend than before.

There are many other stress-busting techniques – and there may be times when we need to utilize all of them at our disposal. We should make certain we don’t become one-dimensional. Having other interests besides work provides outlets for our stress and frustration. This may include physical activities, hobbies, civic or charitable work to name a few. Meditation and deep-breathing exercises are excellent ways to remain centered and relaxed. It’s important to practice them continuously and not just when we are in distress. Finally, I’m a big proponent of creating and saying positive affirmations. Positive affirmations pattern our minds away from negativity and fear. For example, saying something like, “I am totally relaxed and ready to claim my good!” may be a great way to start. I know it may sound corny, but I’m living proof that it works. Saying a positive affirmation in groups of ten at least 100 times a day will lay the foundation. Doing it for a week or two adds the cement.

We all have moments where stress can build to overwhelming levels. But it doesn’t have to be debilitating if we choose to embrace it; lean into it, and thrive.

You can also listen to a weekly audio podcast of my blog. What you hear will be different than what you read in this blog. Subscribe on iTunes or wherever you get your podcasts. You can also click on this link – Click here to listen to Audio Episode 100 – Congratulations – You Own a Gold Mine!

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

Congratulations – You Own a Gold Mine!

Have you ever watched the TV series Gold Rush: Alaska? It’s a lot of fun to see different miners interact with each other; spend a lot of money, and fight amazing odds to discover GOLD! They are grizzled guys and gals who brave the harsh Alaskan elements to find the elusive precious metal . . . and of course, smile (or snarl) at the TV camera.

If you watch very many episodes you will be led to believe that it is very, very difficult to succeed in finding gold. I disagree. In fact, I believe that each and every one of us already owns a gold mine. You may think this is a metaphorical reference and that’s partly true. But there is a literal aspect to this concept that I will explain in a moment. So what is this gold mine that each of us owns and where do we find it?

If you’ve read my blogs over the years and listened to my podcasts, you already know that I’m a dyed-in-the-wool advocate of maintaining a positive mindset. I believe that there’s a positive energy flow in the world into which we all can tap. When we worry; when we think negative thoughts, and when we act in ways that are hurtful to others, we block that positive energy flow. Then we wallow in our fears, our hurt, our frustrations and our misery – a process that feeds upon itself. And at the end of the day where are we?

Eliminating negativity is critical to discovering our gold mine. Being in a positive place all day, every day, allows us to harness the amazing power of passion and creativity. Do you ever feel stuck in place, spinning your wheels and not moving forward? You may be stuck right on top of your gold mine and you don’t even know it! So what to do? First, start with developing a meditative practice. Meditation is simply the act of dumping the wastebasket of stuff that collects in our minds. When we become quiet and discard the noise and negativity, we create a vacuum. But nature abhors a vacuum and what comes next is the exciting part. For me, a torrent of creative ideas begins to flow.

I want to support those creative ideas in every way possible. I do this with positive affirmations. If you want to become an expert at this, develop a positive affirmation that rings true for you. Then say it 100 times each day in blocks of ten. “Wonderful things are happening in my life right now!” is an example of a positive affirmation. Say it with gusto and different voice inflections. If you do this for a week, your conscious and subconscious mind will believe it.

When negative thoughts creep in, we recognize them and release them. One way to do this is to keep a journal in which we record our negative thoughts. We transfer them out of our minds and onto paper (electronically works too) – and we leave them there. At some point we might revisit them to determine what prompted the thoughts in the first place. But most importantly we get them out of our heads as fast as possible.

So where’s the gold? Here’s an example of how I found my gold mine. Recently I was speaking with a broker about listing for sale a property that we own. The property was purchased a few years ago and we knew it was going to have an excellent valuation – we just didn’t know how valuable it was going to be. In the process, I remembered that more than ten years ago, we sold an apartment property and completed a tax-deferred exchange for a couple of drug stores. Frankly, I figured that this was simply a process of protecting the tax positions for our investor limited partners. I never thought that we’d realize any value as general partners. While speaking with the broker, I mentioned that we owned the drug store properties as well. He responded by telling me that the market for this type of property has changed dramatically over the years. On a whim, I had him analyze the properties and he came back with an eye-popping valuation. We’ve listed those two properties as well and I’m looking forward to the day when we cash significant checks as a result of their sale.

I truly believe that by maintaining a positive mindset, a creative spark stimulated me to mention these properties to this broker. Up until that point I had completely written them off as having any value for my partner and me. By tapping into the flow of positive energy we discovered another vein of gold in our mine. I can tell you that this is not an isolated incident. It happens all the time.

The calculus is simple. An enduring positive mindset allows for the flow of creative ideas that in turn helps us find the gold mines that are ours to claim.

You can also listen to a weekly audio podcast of my blog. What you hear will be different than what you read in this blog. Subscribe on iTunes or wherever you get your podcasts. You can also click on this link – Click here to listen to Audio Episode 53 – Is the Lone Ranger Dead?

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

Blah, Blah, Blah, Bzzzzzzzz

“I need to stop and get milk on the way home from the office. I wonder how that new employee we just hired is going to work out. Wow, it’s hot in here! I’m hungry. This paragraph I’m reading makes no sense. Boy it’s sure hard to concentrate right now. The stock market is way down today. Man I’m really hungry. Note to self – pick up wife’s birthday present. Must also remember to follow-up with Smith on the Franklin contract. Blah, blah, blah, buzz, buzz, buzz . . .”

Does this sound like what is going on in an entrepreneur’s mind ALL THE TIME?! Do you recognize the pattern? If you are like me, you have a million thoughts crossing your mind at warp speed and on a continual basis throughout the day. There are all kinds of statistics to be found, but the National Science Foundation provides a range of 12,000 to 50,000 thoughts per day for each of us. Even on the low end, that’s a lot of thoughts. As a result it’s easy to become overwhelmed by our own minds. We are constantly bombarded with massive amounts of stimuli – much more so than ever before. I believe that the Internet and technology in general has enabled us to be connected with a multitude of people and things that contribute to this trend. Think about a farmer in the 1800s. He might read a newspaper every once in a while. Beyond that, he wasn’t really in touch with the world outside his own small community. He worked hard physically. His mental challenges were pretty much limited to providing for and taking care of his family.

How hard would it be to just to sit quietly for 30 minutes and think of absolutely nothing? I don’t know many people who can actually do this. And yet, we need to be able to clear our minds of the clutter that accumulates throughout the day. A friend of mine has some wonderful advice. He says, “Listen deeply into the silence behind the noise.” Yes, much of what we think is just noise. Have you ever tried to talk on the phone with someone while a very loud conversation is occurring within earshot? Have you ever tried to focus and concentrate when there’s a loud television blaring in the background? This is exactly what is happening in our minds with all the thoughts competing for attention. So what to do?

To listen deeply into the silence behind the noise means that we must clear and quiet our minds. There’s probably nothing harder for us entrepreneurs than to slow down and turn off our thoughts. But I think you’ll agree that when this is accomplished the flow of creative energy becomes even greater than before. And of course creativity leads to better products and services; a more acute awareness for solving problems, and stronger interpersonal relationships. Whether you meditate, practice yoga, take long walks, or engage in some other daily mind-clearing activity the important thing to remember is to be present. Most of us are either thinking thoughts about the past or the future. When I take a walk I try and focus on where I am and what I’m experiencing in the moment. I observe the color of the sky, the shape of the clouds, the birds I’m seeing in the trees and the sounds that are cascading around me. Above all, I’m able to push all of the thoughts about past and future out of my head and live for the moment during the time I’m taking my walk.

We must be intentional about clearing our minds of the clutter that accumulates. Only then will our creative energy be heightened in positive and rewarding ways.

 This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

yoga

Curious?

How curious are you? This may seem like a curious question (pun intended) for me to be asking. But follow along. Remember when we were in elementary school how the world looked so huge? We were in awe and wonderment of all there was to learn. When my daughters were young the phrase I heard the most was, “Daddy, why ______” – then fill in the blank. Why does the sun come up in the east instead of the west? Why do dogs bark but chickens cluck? And the list goes on forever. The point is, as children we were curious about nearly everything.

As we get older our curiosity changes and our questions are generally more mature. Naturally we’ve learned a lot over the years and sometimes it’s easy to get stuck in a “learning dearth” rut. In other words, we ask fewer questions and seek fewer answers. If we’re not careful we can become very one-dimensional, wrapped in our comfortable cocoon and drifting along on the river of life. I’m not being critical, but as entrepreneurs, we can be more effective and accomplish more if we maintain our curiosity. Asking why often leads to innovation. Why do certain processes exist within our organization? How could a particular product be improved? What could we do to provide better customer service?

There are a number of things that we can do to maintain the curiosity bug. Reading different publications (not just business books) on a regular basis is stimulating. This might include such topics as human interest, hard news, politics, religion, travel, philosophy, humor and sports. The Internet is today’s version of the World Book Encyclopedia – on steroids! Sometimes I’ll simply surf an obscure site just to see what’s there. A walk through Home Depot serves the same purpose. Frequent conversations with friends and colleagues are invaluable in stoking curiosity. Attend sporting events, the theater, concerts, seminars and other live activities. For me, I’m constantly asking the why, what, how, where and when questions in the context of everything I see and do.

We can become more creative and innovative by being intentional about arousing our curiosity. Blend this with some quiet, meditative time, and we find new ideas pouring into our consciousness. This quiet time is critical for it gives us the opportunity to empty our minds of all the clutter that accumulates through the course of the day. And the vacuum that is created opens the way for solutions to problems to emerge and for new opportunities to be born. But curiosity is the beginning of this winning formula.

If you feel like you’ve become a bit stale in the curiosity department, I recommend that you keep a simple journal for a few weeks. Record the things you do each day to stimulate your curiosity. Write down any new ideas that you have. See how many why, what, how, where and when questions you can ask . . . and answer. Don’t forget the quiet time that is needed each day to allow your curious mind to make sense of all of this.

Curiosity, creativity and innovation go hand-in-hand. We’re never too old to recapture that childlike curiosity that we experienced when we were seven.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

encyclopedias