10thHuman: Multiple Businesses as a means of defense against changing market conditions

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I am currently in discussions with another entrepreneur about starting up another business idea, unique in our market. The idea is a niche one and the first business to implement will likely enjoy a first mover advantage.

I was asked by another individual why I am always on the lookout for new ideas. My reasons are several:

  1. If I can, I want to help other entrepreneurs.
  2. What got you there won’t keep you there.
  3. Market and job conditions change.

Focus in your primary profession is important but so is being constantly on the lookout for new ideas, as a defense against changing market conditions.

Talking and doing consume the same resources

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Talking and doing consume the same resources.

I’m listening to “Ego is the Enemy” today on Audible and this nugget jumped out at me (amongst others).

What does this mean?

In the context of the book, the author isn’t saying we should go about our day in silence and just work.

What he’s aiming and elaborates on is that we often fool ourselves into substituting talk for action. If we talk about a thing, our brains are somewhat fooled into thinking we did that thing in part, because the two consume similar resources.

This speaks to me quite profoundly as it mirrors or underscores a question I often ask myself, “Am I doing the busy things or the important things?

10thHuman: Stress as a mismatch

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This meme speaks to me and, I suspect, a good number of people.

I would add to this stress is also a mismatch between what you want to be and the demands or expectations of others.

Be you.

Be the best you you can be, in the capacity that brings you peace.

That’s my goal. It manifests for me as being the best dad and human and advocate I can be.

What do we owe a toxic leader?

The question I’d ask today is, “When in a followership role, what do we as followers owe a toxic leader?”

Let’s first discuss the definition of leadership. My definition of leadership is the thoughtful and methodical application of a continually studied framework that becomes a mindset which promotes positive culture and ethics. 

I subscribe to a school of thought that believes leadership is a positive trait and should be defined as such. Of course, there exist “leaders” who embrace negative traits to achieve their goals. We tend to refer to these folks as ‘bad’ or ‘toxic’ leaders. I don’t believe they should be honored with the title of “leader” at all. One who is embued with the authority to direct others, but whom lacks the traits to be a good leader (or sees no need to implement the same) is, at best, a manager with the legal authority to direct action by subordinates. All that said, I will keep with the naming convention for the purpose of answering the asked question, “What do we as followers owe a toxic leader?”

What is a toxic leader? I suspect we can all name the traits that make an individual leader toxic. Such people are often arbitrary, negative, insulting, intimidating (or use intimidation), narcissistic and tend to rely on authority in lieu of actual leadership to achieve a goal, which is likely personally driven vs in service to an ideal.

What do we owe such ‘leaders’?

Nothing.

Such individuals are in violation of the social contract, the glue that holds us together in a society.

We do not owe such toxic individuals allegiance or deference.

I would go so far as to suggest we owe one another a duty to speak out against such individuals, as we are able.

What say you?

5 Questions to Ask in a Changing Job Market

image from pixabay
image from pixabay

The world is changing. Emerging technologies in automation and virtual and augmented reality are just a tip of the iceberg. I was reading this morning about a new field of study regarding artificial intelligence; particularly, there’s a new discipline being created as we speak in the study of AI.

I believe the next 5-10 years will usher in many fantastic changes.

However, this comes with a cost. Namely, our jobs are going to be impacted. How can you prepare for the pivot you’ll need to stay employed?

I’m reading “A More Beautiful Question” by Warren Berger and he’s proposed several questions you can/should ask yourself in looking ahead:

How is my field/industry changing?

What trends are having the most impact on my field, and how is that likely to play out over the next few years?

Which of my existing skills are the most useful and adaptable in this new environment – and what new ones do I need to add?

Should I diversify more – or focus on specializing in one area?

Should I be thinking more in terms of finding a job – or creating one?

Change is coming. 

Be ready. Be a step ahead.

Act.

Empathy has no script. – Brene Brown

credit pixabay
credit pixabay

If you want to know the how of connecting to your tribe, I can think of no better words than what follows below. Do this and change the world, or your part of it.

Empathy has no script.

There is no right way or wrong way to do it.

It’s simply listening, holding space, withholding judgement, emotionally connecting, and communicating that incredibly healing message of ‘You’re not alone”. – Brene Brown

10thHuman: Are you doing the busy things or the important things?

Original image: pixabay
Original image: pixabay

As you go through your day do you find yourself doing the busy work or the important tasks?

Have you as a business owner taken the time to map out which is which?

Do you have a battle rhythm? A battle rhythm is a mapped out baseline plan for your day, a list of minimum, mandatory tasks or processes aimed at sustaining and building your business. It is also a career decision.

Whiplash: The future will run on an entirely new operating system.

image from pixabay
image from pixabay

I’m reading Whiplash right now and just read this in a passage.

The future will run on an entirely new operating system.

This book is about how to think about and leverage the changes coming our way.

Why is this important? 

Because if you are not disruptive, you will be disrupted.

What are the questions you should be asking in your industry?

What new technology will impact you? 

What skills should you be learning or enhancing?