Monthly Archives: January 2014

Moving from Hubris to Confidence

Title: Moving from Hubris to Confidence
Date: 2014-01-29
Speaker: William Hsu (MuckerLab)
Link: Entrepreneurial Thought Leaders
 
When you’re naive you can’t identify talent when you see it.
In the land of the blind the one-eyed man is king.
We all have responsibilities.
Chase your dream but understand you might not be a Jack Dorsey, Mark Zuckerberg, or Bill Gates.
Building a company is very different than starting a company.
Building a company is on average a seven to ten year road.
Accumulate skills and experiences–not titles.
Networking is about accumulating trust from others.
You can start a company this instant.
There is tons of access to capital.
The way to find success is to have multiple mutations.
We can all change the world.
We can all make a difference.
Engineers are what fuels the fire to drive the innovation cycle.
You don’t have to be a unicorn to build a unicorn.
Accelerators are for people who are kind of lazy.
Everybody can go and find a mentor.
Have a really long view.
Share the credit.
Go be a unicorn.
The key to success is to gain allies.
We all have one life to live.
The chance of success (in Silicon Valley) will be infinitely higher than anywhere else in the world.
Accumulate applicable skills and apply them to the business you’re working on.
Take any opportunity to accumulate knowledge.
There is always something you can learn, no matter what job you’re in, that can help you become successful in the future.
Classrooms give you a framework to help you understand the problem you’re facing. What it doesn’t do is help you create a solution to the problem.
The process is more important than the outcome.
Helping other people become successful is actually more fulfilling than making yourself successful.

What Great Leaders Do

Title: What Great Leaders Do
Date: 2010-11-10
Speaker: Bob Sutton (Stanford)
Link: Entrepreneurial Thought Leaders
 
Everybody wants to be competent and work for somebody that is competent.
There is no evidence of a first mover advantage.
If you’re a senior executive you’ll get more blame and more credit for organizational performance than you deserve.
The best bosses work hard to be in tune with how others are responding to them.
When you become successful is when you should be especially wary of turning into an idiot.
You’ve got to know when to push and when to back off.
Fight as if you’re right. Listen as if you’re wrong.
When two people in business always agree one of them is unnecessary.
If you disagree with an idea you should work especially hard to implement it well because that way when it fails you know it was a bad idea and not a bad implementation.
For every bad interaction you had better have five good interactions or you’re in trouble.
A rotten apple knocks down the team performance by 30%.
If you work with jerks you start acting like them.
An asshole is someone who consistently puts their own need in front of their peers, their customers, or the company.
A good boss lets their workers work.
A good boss has their worker’s back.
End meetings on time or even more quickly.
Good bosses protect their workers from idiocy on high.
Nipping things in the bud is very important.
The worst bosses let things fester.
To be an effective boss you need to know what it takes to do it, you need to have good coaching and mentoring, and you need to have a lot of experience.
Bad bosses do a disproportionate amount of damage.

8 Productivity Tips from Pat…But WHY?


SPI 076 : 8 Productivity Tips from Pat…But WHY?
Date: 2013-08-02
Link: Smart Passive Income
 
Add Easter eggs to your brand to make your customers feel special.
Figure out why you want to be more productive.
Have goals that are SMART (Specific, measurable, attainable, relevant, and timely).
Exercise and stay healthy.
Learn how to say no.
You can only do so much.
If you really want to grow you’re going to have to get some help.
We’re always going to be interrupted.

Six-Figure Earnings with eBooks (Not on Amazon) and a Pricing Structure that Works with Nathan Barry

SPI 075 : Six-Figure Earnings with eBooks (Not on Amazon) and a Pricing Structure that Works with Nathan Barry
Date: 2013-07-26
Link: Smart Passive Income
 
To start freelancing start with your personal network.
If you start to get good at something people will naturally start asking you for help with that.
It takes time to find a voice.
Put out three epic blog posts. They should be the quality that they can be a chapter out of a book.
Price your book based on value your book delivers.
Once somebody has the company credit card out there is no difference between $39 and $169.
Visual design is moderately important.
Design is being intentional about what you’re doing. It is the most important thing.
One way to draw attention is to de-emphasize other things.
Gumroad to sell books.

The Power of Relationships, Masterminds, Meeting in Person and BFFs with Chris Ducker

SPI 074 : The Power of Relationships, Masterminds, Meeting in Person and BFFs with Chris Ducker
Date: 2013-07-19
Link: Smart Passive Income
 
Your message should be obvious.
You don’t get a second chance to make a first impression.
The only problem with seeing people you know is that they know you.
Put yourself in situations where you’re meeting people. It can potentially change your life.

Ask Pat Session 1 – Un-Let Go, Traffic, Multiple Niche Sites, Content Mediums and $1k in 3 Months

SPI 073 : Ask Pat Session 1 – Un-Let Go, Traffic, Multiple Niche Sites, Content Mediums and $1k in 3 Months
Date: 2013-07-05
Link: Smart Passive Income
 
RSS Footer plugin.
If you write really well in your full-text RSS feed then people will click back to your website anyway.
Include links to other (of your) posts inside of the text of your post.
You’ll never been able to please everyone.
If you build a site that targets too many markets you’re going to lose the authoritative site market.
All businesses have the possibility to be somewhat passive. No business can be completely passive.

How to Build Buzz and Why it’s Better than Hype

SPI 069 : How to Build Buzz and Why it’s Better than Hype
Date: 2013-05-31
Link: Smart Passive Income
 
When you build buzz for something you’re doing the work beforehand so that when you launch things start to roll on their own.
Buzz is started by you and fueled by others.
Other people are the engine for buzz.
Buzz is an inbound form of excitement.
Expectation is the backbone behind building buzz.
If you just build it you’re going to lose.
You can’t just build it. You have to market it.
Meet people at conferences and become friends. Give them free copies of whatever it is you have to offer.
A waitlist is good for building buzz.
Use scarcity to build buzz.
Make an event out of it (the launch).
Run a sweepstakes or contest.
Before you launch give it away and get them to say something about it (testimonies).
Keep Monday and Tuesday open for only broadcast emails and the other days of the week for autoresponders.

Successful Startups and the Entrepreneurial Mindset with John Saddington

SPI 061 : Successful Startups and the Entrepreneurial Mindset with John Saddington
Date: 2013-04-04
Link: Smart Passive Income
 
As entrepreneurs we have the ability to do whatever we want.
We should be experimenting to find out what gets the best results.
It is okay to start on your dreams in a small way.
There are opportunities in the very ordinary.
Entrepreneurship is looking at something and not assuming it is the best way. It is assuming there is a better way.
A great product speaks for itself. Marketing helps make people aware of a great product. Marketing makes a bad product look worst.
It is not about numbers. It is about the quality of people in the networks.
The saddest thing is when a person with a great idea doesn’t execute.
Open people’s eyes to possibilities.
Always encourage people to try.
You will make more money (in the long run) when you partner with others.
The first thing you do when you have a great idea is write it down on a physical piece of paper. Carry it around everywhere you go for the next month and share it with as many people as you can.
As you share an idea it starts becoming refined.

Blog to eBook to Membership Site in Less Than a Year – Starting Smart with Trevor Page

SPI 055 : Blog to eBook to Membership Site in Less Than a Year – Starting Smart with Trevor Page
Date: 2013-01-30
Link: Smart Passive Income
 
Do market research.
Email bloggers letting them know about your site if you think it would be of interest to their readers.
Take everything into account before you pull the trigger.
Don’t focus too much on your primary keywords.
If it is something that you need to do and will make you happier then why wouldn’t you pursue it?
Take the leap.