Archive for success

Here is Lesson Six in my video series in which I talk about diversifying your business in order to maintain success. Enjoy, and please share and comment -

Lessons Learned:

Every business has a finite life cycle and must be reinvented periodically to survive.
An ideal diversification is a complementary business in terms of seasonality and the use of shared resources — like bookkeeping, payroll, financial services, real estate.
A profitable, seasonal and complimentary business can do wonders for cash flow.
In order to survive, a business must constantly adapt and change to ensure growth in a competitive environment.

Here’s my 3rd video in the Lessons Learned series in which I talk about the key lessons I’ve learned throughout the course of my professional career. In this video, I talk about the circumstances that led to my  return to formal education and the many benefits gained from continuing my studies.

The key lessons learned are:

  • Both practical experience and formal education are necessary for one to be truly educated and successful.
  • When academic theories are applied to real world business situations and personal interests or related to experiences, the knowledge is internalized.
  • Becoming educated does not necessarily require formal college education. Many highly successful people have become self-educated through reading and mentoring by successful people.
  • Skills in reading and especially writing are invaluable tools of success.
  • Lifelong learning is essential for one to continue to grow as a person and as a professional.

Categories : Misc
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I recently uploaded this video to YouTube. It is the first in a series of ten short videos that I will be uploading in the weeks to come.

This video is Lesson 1: Breaking Out of a Destiny of Failure.

Categories : Entrepreneurship
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