Seven belong to the habit of high-performance wire entrepreneur

James Altucher seems to be a diverse group of people who are both investors, programmers, writers, and entrepreneurs. And he is a Managing Director at Formula Capital, where he has written 10 books. And despite his success, the author thinks he is still a renegade entrepreneur, because people like Gates, Larry Page, and Zuckerberg are, after all, rare. As a result, their experience does not necessarily apply to everyone. To this end, the author summarizes the ordinary entrepreneurs should have seven high-performance habits, of course, may no lack of ridicule, but to sincerely face themselves is indeed the number one priority.

I'm pretty mediocre, especially as an entrepreneur. I'm ashamed to admit it. Many of the readers here are great visionaries.

I have founded many companies and invested in many companies. However, I have succeeded in the minority and most failed. In the case of success, the number attributed to luck is almost the same as the effort attributed to it.

In other words, entrepreneurs should be lucky. We can not all be great visionaries. We do business is to sell it to make money to support their families, and can be happy. In my opinion, the goal is too far is often the fastest path to failure.

If you want to get rich, sell the company and spend your time on hobbies, propping up a decent home, and enjoying the afterglow of daylight with your lover during the holidays. Here are some High-performance advice.

First, procrastination

Procrastination is the signal the body sends to remind you that you need to stop and think about what you are doing. If you, as an entrepreneur, take the time to think about what you are targeting your customers. This also means you are doing what you are not good at. Many entrepreneurs like to be close to their heads, but sometimes it can be more time-consuming and less costly to appoint someone (albeit with money). When I first handed a programming job to others, I was not used to it, but the results showed that it was much better than writing it myself.

To find out why you procrastinate. Maybe you need a little more brainstorming to improve your mind. Perhaps the original idea is not so good. Maybe you need to entrust others to do it. Maybe you need to learn more. Maybe you do not like to do something. Maybe you do not like the customer's project. Maybe you need to take a break. Many times you need to think twice before you act, and then play your own ideas. Of course, this article is not for everyone. Great men may be able to be vigorous and resolute. Jobs never needs rest. But I need it.

Procrastination may also indicate that you are a strong signal of a perfectionist. You are always a problem This will prevent you from building and selling your business. Check your procrastination from all aspects. Your body is trying to tell you something. Learn to listen.

Second, zero task

A common magic about those great people is that they can effectively multitask. They may be able, but I can not. I have statistics to support. I am very addicted to playing chess. If you talk to me, almost 100% of the other side of the phone is playing chess. One hand to answer the phone, the other hand click the mouse next 1 minute fast board. The rankings for playing chess are generated by the ranking system. So I can easily compare the chess scores with playing chess and calling without answering the phone. The former has three standard deviation gap.

Well, even though great people can be overwhelmed, but most of us are not, by definition, great men (99% of us are not 1% of them), then it's best to do one thing at a time. When you wash your hands, listen to the water, feel the water flowing in your hands, scrub each part. When doing things wholeheartedly.

Successful reeling entrepreneurs should strive for the excellence of zero mission. do nothing. We always feel ashamed of having to "do something" or not. But sometimes it may be better to calm down, do not think about anything else.

In the void of meditation often burst forth the greatest creativity.

And often we can not do that when we are struggling forward and panicking.

Third, failure

As far as I know, Larry Page has never failed. As soon as his graduate student graduated, he went straight to the billionaire. Zuckerberg is also true. A handful of others, Bill Gates, too. However, it is emphasized once again that most of us are reluctant. We can work for great things, but that goal may never be out of reach. So that means we tend to fail. Of course, it does not always fail. But failure is commonplace.

I've failed 16 times in the past 17 attempts to start a business. I made so many mistakes in my first successful venture that I was so embarrassed to repeat. I remember once I wanted to be the site of one of the greatest rap artist Tupac of late. I put all the work on a "CD" above. Then I went to Tupac's manager's office and the guy let me demonstrate. The only problem is: I've only used Macs and Unix devices, and I've never used a Windows machine. So I honestly honest myself do not know how to put the CD into it and then browse the contents of it. I am a graduate student in computer science. The man said: "The joke is big."

This is a $ 90,000 list. It should have allowed me to pay for a two-month payroll. The business was like a cooked duck before I got into his office. But then I cried out of my office in his laughter. When I got back to the office, everyone came forward and asked, "How's this meeting?" I said, "I think it's pretty good." Then I went home and continued to cry.

Then I bought a Windows computer and started learning how to use it. In fact, I will not buy a Mac anymore. It is possible to learn from success. But failure is the mother of success, and it is more likely to learn from lessons. After all, life is composed of the sentence of failure, but perhaps there will be short-term success as a decoration. There are two things that reeling entrepreneurs can learn from failure: the first is to learn directly how to avoid a particular failure. With the lesson learned, we will know how to repeat the mistakes. Second is the ability to learn how to face failure. Reeling entrepreneurs have gone through many failures. So I will experience the superb skills to deal with failure. Then translate into financial success, failure is the mother of success.

"Adherence is victory," and reeling entrepreneurs know that this sentence is not self-deluding stereotypes. "Continued failure until an accident (no longer failed)." This is insisted.

Fourth, non-original

I have never imagined my life. My first successful start-up was to develop web-based software for the Fortune 500, develop strategies and make websites. This was not a unique idea in the nineties of the last century, but it was too profitable at that time to do such business. None of my successful investment cases came about when I was sure my CEO and other investors were smarter than me.

The best idea is that when you get two slightly older, unrelated ideas, get them involved, and then make a business around them, that's where they mess around with the ugly children. That child is so ugly that no one wants to touch it. Take a look at Facebook: get the Internet and tracking together, and then there is a magical!

And, by the way, such a social network is already the fifth attempt. Twitter: The Internet is combined with the outdated SMS protocol. Ugly! But effective. Ebay, a combination of e-commerce and auction. The song "I'll Be There" combines Mariah Carey with Michael Jackson.

Fifth, the relationship is bad

I am that guy. You know, the guy who did not talk to anyone who stayed in the corner at a party. I've never been to a technology conference. I often refuse the invitation to a very good internet dinner. I like to stay home reading books. When I run a business I often feel shy when I talk with my staff. I'll call the secretary downstairs to ask if the corridor is empty and ask her to help me open the door to the office so I can quickly rush up the stairs and rush into the office to lock myself in. Of course, the company's end is also tragic.

But, in turn, there are many people doing too much. Entrepreneurship has been tricky enough. Reeling entrepreneurs manage their employees, customers and product development spending 20 hours a day. Where else have time to toss the relationship? The rest of the time only to relax as much as possible. Engage in parties is easy, the difficulty is to make money.

Six, find out

I had a negotiation. I met with thestreet.com's CEO when I started stockpickr.com. He wants his company to own a share of stockpickr.com in exchange for buying all of our advertising space. This list is very exciting for me. I said, "OK, I think you can hold 10% of the company." He laughed: "No, I want 50%." Just do not even have the tone of "we want 50%." Just say: "50%". Then I exhausted all the negotiation skills, the last Bie out is this sentence: "Well, deal."

I am a businessman I like what others say to me. When someone says "no" to me I feel insecure and worse, I'm afraid they do not like me. When I started building a website company I took a list of doing "miramax.com". I asked for $ 50,000, and they responded: "At most, I can not exceed $ 1,000." So again I used the usual trick: "Deal!"

But what is the final result? In the case of thestreet.com got a lot of equity, so their stockpickr.com equity requirements also have more psychological expectations. As for one of my businesses, although miramax.com was used as a low-cost website, since the list of my clients has the name of Miramax, the joint Edison company came to us later to pay a lot more for us . Although I am a retired salesman, I may be a bad negotiator. However, I also received more orders, although occasionally at a loss to do a list, but as long as I can make enough people say yes, and ultimately be able to let me catch a big fish. This is like talking to the 100 beautiful women in the street to see if you can develop relationships. Maybe one hundred people will have one to promise you.

Seven, wrong people

Reeling entrepreneurs do not have the same two-second power as the one described by Malcolm Gladwell. In Gladwell's book ("Blink: Thinking Power Without Thought"), those god-men can make the right judgment in two or three seconds.

The first thing I see when I meet people is this: I hate you.

Then my attitude again came a 180 ° turn, become too believe people. After an attitude of toss back and forth, after too many lessons of failure, I finally stabilized in a middle position. I also have a tendency to forgo people I can not trust quickly. I think great entrepreneurs may be able to make quick judgments and deal very well with relationships. But most people can not.

So when I meet people, I remind myself not to believe my first instincts. I need to know more about it. I have to figure out what their motives are. Regardless of the other's situation, I will try to examine with empathy. It took me a lot of time to understand the nearer people who I want to go. I have to do this because I am reeling and putting the risk of having someone in the wrong circle is much higher.

So, once I decided to get in touch with someone (customer, employee, acquirer, acquiror, wife, etc.), I'd be a lot harder trying to figure out each other. That means I can not waste my time thinking about something else - like putting a spacecraft on something like Jupiter. In general, this approach is effective.

"Is it not a bad thing to be a reed?" Someone might think so. Should not the pursuit of great? The answer is: "Of course! But do not forget, ten or nine people think that they drive above average technology." People always overestimate themselves. Do not let the big money block your way, even if you can not make a fortune, at least have to make such a success: have their own freedom, can feed their families, can have other things to enjoy.

Being reeling does not mean that you can not change the world. This means being true to yourself and the people around you. If you want to make great achievements, sincerity is indeed the most efficient habit.