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Millennials as Entrepreneurs, Part 9 of 10: A Generational Decision

“The choices we make today are going to have impact on at least two generations after us. That means our kids and our grandkids.” – Campbell Haigh at an LTD Rally in 2007

 

I’m not sure about you, but that kind of frightens me a bit. As of right now, I don’t have kids (they’re in the not too distant future), but you know, I want to be a good example for them. Personally, with all of the political stuff that we’ve been through as of late with more people getting on welfare and believing that society owes them… I’m somewhat worried about my kids getting an influence from that thinking.

 

However, I realize that I can’t protect them from that fully, and potentially one of the biggest things they can see me do is struggle to get New Inceptions to what it has the potential to be in the future.

 

History is Written by Winners – How Will You Impact History?

 

Perhaps the business that you start will only be known about by your family in the future. Or, like Steve Jobs, your name will go down in infamy. That’s luck of the draw.

 

But really, as we’ve eluded to, you have to be a leader to get due credit – bad or good.

 

Something I also heard from the rally I quoted at the start of this section was this: A majority of people who are on their deathbed always wonder about their legacy. If they are going to be remembered. What could they have done differently?

 

This is something else that has driven me to make a mark in the sand. I don’t want to live the rest of my life wondering “What If?”. What if I had actually taken the time to start something? What would I have done? Where would I have gone? What would my family had been able to experience?

 

I know that if I do nothing, then nothing will happen. I know that if I work for someone else, they’ll get most of the credit for what I’ve done. We, as people, have the need to be recognized. At what level varies from person to person. I want to be remembered as someone who did something during a time that I could have chosen to mail it in with so many of our generation or do nothing. What’s the opposite of caring? No, it’s not hating. It’s indifference.

 

I’m simply suggesting that you do what Brendon Burchard talks about all the time: Live, Love, Matter. And personally, I don’t think there’s any better way of doing just that than by being an Entrepreneur.

 

Making the Big Choice

 

As I’ve been trying to make the case for as many Millennials to start their own business in this series, I realize that it’s going to be an individual choice for everyone. For me, it’s never really been a question on whether or not I’d go down this path, but when.

 

Personally, I’ve always kind of struggled with authority and even my the most influential people in my life have always asked when I was going to start my own thing. I guess my main problem was that I wasn’t quite sure what I wanted to do as a business. It wasn’t until I found fizzle.co that I felt that I had the backing and the proper check points in place to start.

 

So that’s one of the things that I would recommend is that if you’re looking to start something, see if you can’t seek insight into that world from people who are already there.

 

Another thing that kind of kept me back was wondering if I knew all I should about whatever it was that I was going to build NI on. Probably just like you, I don’t necessarily feel that I’ve accomplished much. However, when I ask others if I’ve been successful, they say that I have. In fact, they’ve even pointed out a few products that I can make right away.

 

Your hurdles might be completely different. Maybe they’re financial hurdles. Maybe they’re time issues. Everyone will have different things to get through. However, you need to make the choice. It’s either yes or no. And you need to live with and accept that choice.

 

Again, personally, I think it’s much easier to accept a choice when at the end you can at least say you HONESTLY tried.

 

You’re Unique: Share Your Voice, Your Passion, Yourself

 

You’ll probably have the same question as I did. What have I achieved? What do I know? How can I add value to others? The simple truth is that we’re all different – each of us has a story. Even someone that does car maintenance will do it differently compared to another mechanic. Does he see it as something that “needs to be right”? Or does he see it more as an art form? Does he work on cars for historical significance? Or is tinkering simply his passion?

 

When you think of your skill sets, what makes you different? When other people see something as a task… how do you see it? Perhaps it is something like car maintenance. Perhaps it’s something so niche and focused that many people will instantly see you as the expert because before you came, there was nothing.

 

Either way, your individual take and expertise is needed!

 

So below, I’d like you to think of and share at least 5 things that you believe is no big deal that you could 1.) be able to teach others to do or 2.) be able to do for them.

 

What passion and interests do you have that you could share with others and add value to their lives?

 

Millennials as Entrepreneurs, Part 8 of 10: Leading is An Ideal Goal for Us

In part 1 we discussed some statistics about what Millennials want in the work place. I’ll share them again:

 

  • 64% of them say it’s a priority for them to make the world a better place.
  • 72% would like to be their own boss. But if they do have to work for a boss, 79% of them would want that boss to serve more as a coach or mentor.
  • 88% prefer a collaborative work-culture rather than a competitive one.
  • 74% want flexible work schedules.

 

Look at that second number. 72% of us want to be our own boss. To do that, we have to run our own business. And to do that, need to have some sort of leadership skills.

 

The World is Full of Followers who want to Lead

 

In the 6th installment of this series, I talked about The Prussian Education System contributing to why Millennials are Lost. How it has been used to create a population of soldiers who follow the oligarchy of the Progressive Movement that originally installed it. They want and continue to want followers.

 

The other contributing part to the Lost Generation can be found in part 1, when we saw how Millennials generally want a lot out of life.

 

The catch is that these two ideas contradict each other. One of them is going to have to yield to the other.

 

So far it seems it seems that many of us don’t know which to choose. In fact, many of us are even pushing back our internal clocks to have more time to develop “Me”. It seems like a whole lot of confusion. Do we invest in a job that might have the conditions we’re used to or do we invest in ourselves and create that atmosphere for ourselves?

 

Leaders Get The Credit Through Failure

 

If there’s one thing that we’ve learned from our role models growing up is that leaders get the credit. From our coaches in high school, to athletes in the pros, to politicians, and award winning actors, we see that those who succeed get the most credit. It is almost intolerable for us to be unsuccessful. We have grown up most of our life believing that we CANNOT and MUST NOT fail.

 

The problem with this is that we now have a generation of people who don’t really know that failing is a part of learning. That we can’t really learn something until we’ve tried to apply knowledge and screw up.

 

Many of us have not heard of all the failures that successful people have had before they were successful. However, it’s true.

 

As it’s suggested then, we need get out there and fail quicker! Otherwise, the alternative is taking a seat and job hopping in the new economy – something that personally I don’t want to do. I’d prefer security.

 

Leadership is Something Learned

 

Leadership for most of us is appealing and scary at the same time. We know that if we want things to go our way, that we must appeal to others to follow our plan. If we’re successful with spreading the idea, then we find ourself leading. At the same time we know leadership can be lost as quickly as it can be gained if we’re not careful with our followers. So we need to learn how to lead with purpose.

 

A big key in being a leader is actually studying it. Seeing what other people have done successfully before us and actually studying those actions. We can do that through case studies, or the hard way through personal experience OR we can cheat and read books by authors like John Maxwell.

 

Once you have successfully gained influence of others and can wield it successfully, then you are on the path of being a true leader. But just like anything else in the self development world, it’s something that you’ll need to continue to study.

 

Leading By Example

 

In the comments below, I’d love to hear about your experiences at being a leader. Whether you’ve had success or have failed at it, let us know below. Also, if you did fail, what did you take away from the experience?

 

Next week, in part 9, we’ll discuss making the big choice. Those that succeed in building a business will be the ready made leaders after 2020. Will you be a leader or a follower? We’re in a perfect place in history to make our collective mark for other generations to follow!

Millennials as Entrepreneurs, Part 1 of 10: Huge Expectation for Life

This is the first of ten installments on why Millennials (and some Gen Xers) Have Great Potential in Being Entrepreneurs. In it, I will be discussing why many members of Generation Y shouldn’t be looking for any old job. Instead, they should be searching inside themselves for the answers to how they’re going to make a living as well as finding their purpose.

So a little introduction of why I’m starting this series…

I recently found an article in Forbes about what the millennials want in the workplace. It’s funny, but as a hybrid between Generation Y and X, I don’t see why X has so much angst for the Millennials. Yes, they’re different. But is that such a bad thing?

I found these numbers about Millennials from the article to be even more interesting:

  • 64% of them say it’s a priority for them to make the world a better place.
  • 72% would like to be their own boss. But if they do have to work for a boss, 79% of them would want that boss to serve more as a coach or mentor.
  • 88% prefer a collaborative work-culture rather than a competitive one.
  • 74% want flexible work schedules.

Now, current employers are going to scream and carry on that these numbers are crazy and down right scary. Why wouldn’t they? They might have owned a successful business for 10+ years and wonder why an established company needs to bend.

Well, that might be true. But as we all know, change is always immanent.

The thing is that millennials, as the article mentions, are going to be 40% of the workforce after 2020. That means that they’re going to be a huge part of the working force (possibly even a controlling segment??). That being said, their collective voice does matter. If the wealthiest business leaders are already doing this, then most businesses should and will follow suit. Otherwise they might find themselves low on workforce.

That said, who’s better at catering to millennials than those who understand them – other millennials?

Can You Really Blame Them?

Unlike previous generations who value hard work and sacrifice, millennials don’t necessarily feel the same way. They want lifestyle vs expensive items.

Or so we’ve been told. In an article by Ben Carlson at awealthofcommonsence.com, he explains that we have the same habits as our parents and grandparents. It’s just that we haven’t started our lives as early as they did. That makes sense, so many of us go to college anymore… and then play around for a couple of years.

But I don’t think that’s the only cause for the delay. I think that many of us want to be better at life then our parents or grandparents. We want to build on the foundations that they’ve given us. And why not? Hasn’t that been their goal?

Many Role Models

Us millennials have grown up with TV, movies, music, and sports as being the main things discussed about in culture. Few of us pay attention to world news and even fewer of us can picture what it would be like to not have media in our lives.  In the hierarchy of needs, I’d say that a lot of us haven’t had to ever struggle with the bottom tiers. We’ve been blessed to have the ability to look constantly at life and wonder how we’re going to be the next Brad Pitt, Eminem, or the next Peyton Manning.

Unfortunately, working a traditional 9 to 5 probably won’t let us get to that level. That’s why the above mentioned numbers are so huge. We can’t relate to just having a steady paycheck – even though that’s something that our grandparents aspired to have and made sure our parents saw the white picket fence as something worth chasing.

Nope. Each and every one of us millennials has a little rock star in us that is eventually going to want to come out.

It’s not OUR Fault! Our Parents Spoiled Us!

We’ve been programmed by society to think how we’re going to be the next celebrity. Many of us didn’t consider answering the question what do you want to be when you grow up with the answers Fireman, policeman, lawyer, doctor, etc. like our parents. We didn’t even know what we wanted to be until later in life when we were forced to pick a major in college. Hell, even then I don’t know how many of us really knew! We just wanted to succeed. And how did we succeed?

By doing what our parents told us to do… Get good grades, go to college, get a good job and have a family! 

But… but… that’s not part of me being the next Bam Margera,” your inner self protested as you followed the status quo.

End result? Now you have all of us who have gone through college seeking jobs that will allow us to be rock stars. Cause in our subconscious… that’s what we’re supposed to be doing.

So it’s not so much that we’re spoiled per say, it’s more along the lines that we’ve been influenced by old advice that our parents got from their parents (check out Generation Zero about that and more) and pop culture to an extreme. We’re to value the things that celebrities have but obtain them by how mom and dad obtained a house and white picket fence. There’s a huge disconnect there. No doubt, we’re all about the Me.

But what can we do about it now? Are we really naive enough to think asking corporations to treat us all as individual rock stars is really feasible? That each of us deserves $15 as minimum wage working at Micky D’s? Jobs that are typically reserved for teenagers??

Lol. When you really think about it doesn’t make sense.

We don’t fit the mold of the traditional employee. I mean, when you think of celebrities – do you really think of them as a typical employee or more of a freelancer?

The Chase of the Letter A

Those of us who have done what our parents wanted have probably gone to school and excelled. (Don’t worry if you didn’t – there’s good news coming up.) We have done the work that is necessary to get Good Grades. We also probably know what it’s like to not get good grades.

I remember the first time I got a C worth remembering. It was my first semester at Purdue. School had always come easy for me. I studied very little to be an A/B Honor Roll student in high school. By the time I got to Purdue, I didn’t even KNOW how to study.

Well, there I was in a remedial class doing algebra – a high school course. Day after day went by and I got Cs and Bs on my quizzes. As on my homework. Being one who never kept score of my progress, I thought I had it in the bag to get a B for the semester. Well, finals came and before I knew it – I was done with my first semester at school. I checked my grades the following week and… there was the proof the crappy semester I had had. 1 B, 3 C’s, and a D.

Omg, I didn’t know what to do. As far as I knew, I had put in the work and did as well as I thought I ever had done. Well, little did I know I was doing less than mediocre. I had to improve… and I eventually did.

The good news is that you can eventually learn to play the game. Just stick with it long enough.


 

The point of that story is that many of us don’t know that we’re living mediocre lives. We’re doing the status quo and expecting that it will get us the results we’re looking for. But if we’re following a plan that is outdated, how do we even know that it’s going to get us where we want to be? Hell, like me and “studying”, you probably don’t even know the plan of Getting good grades… is outdated.

The thing is that we live in a world where we’re really all a bunch of freelancers. Those of us who have been employees know that we’re going to go from job to job to job in our career. The days of hanging our hat in one place are over. The game has changed.

Sadly, many of us still seek the shelter of our employers with that W2 instead of going for the 1099. But when we opt for the W2, we’re telling the employer that we’re not his equal. That we are a servant. We’re selling our time for money. We’re playing the old game.

Whereas a 1099 could signal that you’re an equal.

A W2 tells the employer that you need him. Whereas as a freelancer (or consultant) you’re prepared to move if needed and you don’t mind having the responsibility of taxes. One less thing he needs to worry about.

Being an employee is using an old plan… and it’s going to get you a C in life. Being a freelancer, consultant, or other type of business owner gives you the opportunity to get an A. But like studying super long hours in college to get the A, being a freelancer comes with extra responsibility.

So it’s really up to us in whether or not we want the potential for a C life or an A life.

Which would you rather have? Your parents old desk job that they slaved away at for years or your self defined dream gig? Which one would you prefer to work towards?

Thoughts?

So real quick, what are your initial thoughts of millennials having huge plans for their life? Did you have any yourself? I know you wanted to be something (even if it was an astronaut or fire fighter) that some might consider a stretch.

Share what you thought (as a high school or college student) you were going to be if everything went your way in life by leaving a comment below. Did you arrive there?

By the way, stay tuned next week when we explore Part 2 of the series: Millennials as Trend Setters.

Stages of Manhood: Are you Unfinished?

I am soaking in so much right now in so many different ways and from so many different sources. It’s crazy and I feel like I’m drowning. However, it’s all for a good cause and I’m looking forward to the result.

Recently, Greg Francis, my upline Diamond, did a talk called “Stages of Manhood”. I have been hearing so much about this talk that I had to listen to it. I hadn’t realized that it was by Greg, but when I found out – I knew it was going to be good. And as usual, he hit a nerve with me.

There’s an author that Greg exposed to me a few years back that really helped me out. The author’s name is John Eldredge – he had written a book that many guys in LTD swear by called Wild At Heart. This book is a great for guys who are looking for help in their life because it explains the three things that a man is after in his life. If you’re a male, and you feel like you have a void in your life that you can’t figure out, then you might want to check out this book.

But here’s a teaser: Half of today’s marriages end in divorce. Why that is is another story. However, many times, that couple has children. Those kids, specifically boys, end up suffering due to that separation. On the surface, it’s hard to see what’s going on. But, boys who don’t have a stable man in their childhood years, often end up living life with a void. Why? Because depriving young boys of a father figure deprives that boy of the knowledge it takes to be a man. And as I can attest and as I’m sure many males of my generation can vouch for as well, there’s just so many guys who just don’t understand why they’re not happy in life. Wild at Heart helps them understand why they’re not happy.

In his talk, Stages of Manhood, Greg talks about levels in life that are mentioned in the book The Way of the Wild Heart. Personally, I think this is a great followup book. In it, John talks about 6 levels of Masculinity. Without completing each level, the male isn’t a complete man – he’s an “unfinished man”.

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The Stages of Manhood

Here’s a short description of each of the stages a man has to go through to be finished.

1. Boyhood

In this stage, a male is figuring out how the world works. He’s bumping around and getting high fives by his mentors/father figures. He has all the support that he wants and needs.

 

2. The Cowboy

In this stage, the unfinished man is looking for his own way in life. He’s still bumping into things, but this is the first time that he gets the opportunity to do things on his own. Many times, a male is going through a lot of first time activities such as getting his drivers license.

 

3. The Warrior

This is the stage for the man in where he wants to get things done. This is where a male really starts becoming a man. At this point, he’s starting to earn his own and he’s deciding to do things that have meaning. Many times it doesn’t matter what it takes to get things done – he just knows that’s what his life is meant for and he’s not going to take no for an answer.

 

4. The Lover

Many times this level might overlap with the warrior stage. At this point, the man is realizing the small things in life and what he can bring to others. He’s no longer looking for a girl because he feels incomplete or that he thinks of her as a challenge. He’s looking for her because he wants to add value to her life.

 

5. The King

This is the point where the man is earning the fruits of his labor. He can teach other men how to be Warriors and can help them learn how to attract others that they want to attract.

 

6. The Sage

Just as the King can build Warriors, the Sage builds Kings.

These stages aren’t ones that guys take in order. Sometimes, a male can be thrusted into a stage they’re not ready for. When that happens, it’s almost impossible for them to do well in that spot as they haven’t earned it. This happens a lot when young males are made the head of the household when their father drops the ball. I know that’s what happened in my situation and I’m proud to say that going through Warrior stage is actually quite rewarding in itself. I thought school was my Warrior years. Nope – I’m starting to go through them now.

Thoughts?

So there you have it. I’m curious as to your thoughts of why we have so many lost men today. Is it because they haven’t gone through a stage of manhood? Do you know any guys who this might benefit from this knowledge? Feel free to pass it along!!

How to Successfully Go Through the Minefield

Recently, I had the chance to listen to Tom Kunz, past president of Century 21, tell a story about a fellow who had the opportunity to have a private golf lesson with a certain professional golfer. There wasn’t much to the story but there was definitely a key part that I remember that went something like this:

“(The man) was out playing golf with the professional golfer. The Pro was watching him, trying to find out how the guy could improve his swing. In doing so, the Pro asked the guy what club he used the least and asked for it. The Man gave him the club and the Pro continued to swing the club as he would with one of his.

The ball flew and landed where he had aimed. He then turned around to the Man and said “Well, we now know it’s not the equipment!”

What Does It Mean?

There are various things we can pull from this story. For instance we could have realized that people are professionals because they can do things that most others can’t do as well. To become a pro, he probably had to put a lot of time into his craft.

The obvious thing I got from this story was that most of the time… it’s not the equipment. It’s not anyone else’s fault that you haven’t succeeded. You are a product of your own choices. The man probably wasn’t great with that club because he hadn’t used it.

Association is Key

Even those two things stick out there’s probably a more important aspect that is probably more important that might escape all of us at first. We might miss the forest for the trees. How? Well, this story reminded me that is association is important. Luckily, the man in the story had decided that he wanted to have help with his golf swing and found someone that had success at the level that he wanted. It would have taken him a lot more time if he had tried finding out the problem himself. Heck, he probably might not have ever tried using the club and would have focused more on just changing his swing on other clubs that he was better at. Now he knew that if he spent more time honing his time on this new tool, he might have more success in the future. Which was the better path to take? Personally, I don’t know. I’m not a golfer. However, the Pro had more experience and gave the man a pro’s perspective.

Once you figure out where you want to go in life, association with those that have been where you want to go is very important. It’s better to get experience from those who have already gone through the minefield so that you don’t have to find out the answers yourself.

Thoughts?

Personally I have gotten to associate with plenty of people who are where I want to be in the future. But I still would love to get more time in with those are more successful than me in topics like internet marketing, passive income, and success.

What are your thoughts in finding association. Is there anything that is key that you would look for when you are looking for people to help you?

I look forward to reading your responses. Have a wonderful week and congratulations to the Boilermakers football team who once again was able to beat Ohio State! Boiler Up. 🙂

Cheers!

The String Story: One Step at a Time

So this is a story that I heard from Jim Vaughan, editor of Learn From the Giants, that I think that anyone can put to use in their life. It’s called “The String Story”. Basically in Jim’s long career, he has done many jobs. He almost sounds like Mike Rowe to me. One of those things that he did was help install electrical lines. In Florida, where he is a native, you might be aware, that they have swamps like crazy down there. Well, one day, he and the group that he was working with was tasked in getting an electrical line across one of these many swamps.

Now, personally, I never thought of how one could do this until Jim told me the story. I mean, I suppose if I had thought about it, I would have assumed that they would have used a helicopter. Well, they might in some places or when they’re installing the tower, but they didn’t when putting up the actual wire. Apparently, instead of taking the entire electrical wire across the swamp (which the size of this wire is ginormous) which would be almost impossible, they have a strategy for doing so. They get in a small boat with a spool of string. They take that string across the swamp to the pole. Next, on the other end, they tied twine to the end of the string and pulled that across, next they tied rope on the twine and then pulled the twine across!

Eventually, they got large enough rope going across that they tied the wire on and then pulled it across. After which, they installed the wire and moved onto the next tower.

Now, this is a rather simple story, but it can be applied to so many things in life. For one, it can be applied to sales in the matter of the upsale. Just get someone buying something for $9.99 from an infomercial and the next thing you know, you have them buying a $100 or more for a deluxe set of knives or $200 or so for jewelry.

Or it can be applied to building a strong relationship. As you might or might not know, I have a “traditional” view on relationships. I think the reason so many people have problems with their romantic relationships is because they put about as much time and effort into a relationship as they do in their finances. Many people are in financial debt and what I call “romantic debt” (which I’ll talk about in a future post). If they would start with a sound foundation, and work on building it up from the ground up, people could get anything they wanted – financially AND romantically. However, society has taught many of us not to think this way. Most of us don’t know how to put off the good for the great.

I’m sure there’s other uses of “The String Story”, but I thought I’d give you these examples so that you can figure out ways to implement it in your life. Speaking of… what are some instances where you might use it?

The Teenager Principle: You Just Leveled Up!

When I became a freshman in high school, I believed I knew everything. As an 8th grader, I, like you, felt like I knew everything there was to know about the world. I felt unstoppable. The older I got, the more unstoppable I felt. Until I moved on to the next school.

When I moved to the next school, (high school and later college) I remember thinking as a freshman that seniors just didn’t “get it” and that they were just off and/or mean for no reason. While I felt like nothing could hurt me, I also tended to feel that I was worthless. Talk about ups and downs!! Things kept happening to me and I just couldn’t understand why. Heck as a sophomore in high school, I remember getting on Yahoo! chat and acting like I was certain seniors. Later in college, I would play it off as if I was somebody that everyone should be familiar with and you were lucky to have me as a friend. But the truth was that I was not acting or comfortable with myself. Society was telling me that I had to be popular and do certain things – but when I did them, it always backfired. What’s funny now though, as I graduated and have had time reflect over the years and met younger and/or less experienced people, I’ve started realizing how brash, judgmental, and naive I must have seemed.

You Just Leveled Up!

There’s a saying that says “If you feel like life is harder, you must have just leveled up.” If you’re unfamiliar with this phrase, it’s simply referring to a a role playing video game in which you get new quests as you level up. The more quests you do, the more experience your character has and the more powers he has. In life, like the game, you must go through quests that take a lot more stamina than you’re used to. However, as you might know from playing those types of games, you get more rewards for sticking with and accomplishing them.

So in a nutshell, the Teenager Principle is simply believing that you’re good at things that you’re really not, but being overly humble about things that you’re good at. When I was told about this principle, things started making sense as to why my confidence was all screwed up. I now know why I felt the world didn’t make sense as a freshman in high school and college. It’s because I had just leveled up. I was taking on a new level of quests. Quests that, while they might seem similar, were at a completely different complexity. A complexity that I would not understand unless I had understood the adventure for what it was and kept moving forward.

Thoughts, questions, comments?

So how about you? Are you going through a period where you seem to be out of your comfort zone all the time? Have you ever noticed this phenomenon? When was the last time you leveled up? I’d love to hear from you. Also, if you’d like me to put you in contact with Mark Boersma, who has helped me discover this principle, feel free to email him at [email protected]!