Don’t Compete. Create!

abudant thinking

If you think that you have to compete for better jobs or more market share, you’re as wrong as I was.

The idea of competition is engraved in our minds. We believe that we have to compete for the same jobs with others. If someone has a job, that means you can’t have the same job. And if a company has a certain market share, that means you have to compete with that company to “win” a piece of their share.

At least, that’s what conventional advice says. It’s also what I learned in business school. My entire education was based on competing with other businesses. And almost every business book that I’ve read, also assumes that business is competition.

They couldn’t be more wrong. When you assume that you have to compete with other businesses or people for money, jobs or attention, you’re engaged in limited thinking.

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Don’t Know What You Want? Improve These 7 Universal Skills

dont know what i want

What does success look like? What do you want from life? What career do you want?

Most of us answer “I don’t know.”

And you know what? There’s nothing wrong with that. And yet, we think it’s the worst thing in the world if you don’t know what you want to do in life.

We say: “OMG! I don’t know what I want!” And then we have a full-on panic attack. Be honest — it happens to all of us.

Especially, when you see that your old college friend just got married. Or that your co-worker, who started at the same time as you, just got promoted.

It’s at those moments of weakness when we shine a spotlight on our own uncertainty about life.

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Leave The Office On Time and Don’t Take Your Work Home

These two lessons are true for every person who wants a long, happy, and satisfying career.

But it’s very hard to put that advice into practice. It took me the first six years of my career to figure that out. And I still have to remind myself that life is bigger than work.

Almost everywhere that I’ve worked in the past, there was a “perception is reality” culture.

That means looks are more important than reality. In other words: The person who’s in the office the longest appears to be the hardest worker. Now, that may be true.

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Impatience: The Pitfall Of Every Ambitious Person

Impatience

One of my mentors is an art dealer. He specializes in art from the middle ages. Last time we met, he showed me a part of his personal collection. Impressed by the size of the collection, I asked how long it took to accumulate everything.

He said “45 years,” and then he laughed when I looked surprised. He continued:

“This is not something you can buy in one go. It’s not like going to the IKEA. Accumulating anything worthwhile in life takes time. First, because you don’t have the money to buy everything at once. Second, not everything is always available. You must wait for the right opportunity.”

And waiting is one of the hardest things in life. But if you take a close look around you, you see many examples of people who waited for the right opportunity.

Take all the investors who bought stocks and real estate during the financial crisis that started in 2008. That recession lasted several years. Recently, I spoke to someone who invested a big chunk of his assets in the stock market between 2009 and 2011.

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If You Rest, You Rust. So Always Keep Moving.

if you rest you rust

Picture this. You have a job that pays okay. But you don’t really like it. Well, let me put it this way: You like the money, but you wouldn’t do that job if there was no money involved.

“Screw it, I need money to have a life!” You might think.

We all have bills to pay, people to take care of, and important tasks to complete. We do these things because if we don’t, we might get fired and lose our income.

And without income, we can’t pay for our house, clothes, vacations, etc.

I’m describing a “normal” life. I call this normal because this is how 99% of all people that I know live.

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10 Timeless Books Every Entrepreneur Should Read

Do you want to start a new business or grow your existing business? Being an entrepreneur is a lonely job.

But fortunately, you can always rely on books. Forget about going to networking events, meetups, or browsing the internet for useful advice.

To me, reading business books is the best use of my time. And in this article, you’ll find a list of books that have helped me with 6 skills I think every entrepreneur can benefit from:

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