The entrepreneur always searches for change, responds to it, and exploit it as an OPPORTUNITY.
- Peter Drucker
Thomas Rolley 00:00
The cruel irony of business is they don't tell you this when you start your business, they don't say by the way, it's going to go well.
Everything's going to work well for a while. You're going to be able to grow your business, grow your team, up to a certain stage certain time...
Thomas Rolley 00:00
Where do the fires keep coming from? If you're a business owner or entrepreneur, wondered about this question like, where are these fires keep coming from?
And the experience for many business owners is that there's just fire after fire after fire, and you spend your whole day ...
Thomas Rolley 00:00
What is a commitment device? And how can it help you? This is an interesting idea that comes out of psychology.
And as part of chapter 14 in atomic habits, if you haven't read this book, it's well worth getting.
If you're at all interested in having a better body having a bette...
Thomas Rolley 00:00
minimum required habits, what are? What are these things? What's the minimum required habit? Well, I'm continuing with this journey into atomic habits.
And James clear, the author of that book, is very interesting.
He's actually bringing through an idea that I found to be quite...
Thomas Rolley 00:00
priming for future use is the key, the setup for habitual success.
Continuing on with the readers of this book, atomic habits could be called atomic systems have concluded that habits are just systems that are executed on a regular basis.
And James, this book is excellent.
If y...
Thomas Rolley 00:00
Here's an interesting idea incomplete is worth less, not worthless, it's not worth nothing, it's just worth less than it would be if it was complete.
This is playing out in a couple of areas of my life right now.
Number one, I have a shed being built.
And that shit, it's been d...
Thomas Rolley 00:00
Minimum Viable results.
I wanted to bring this idea to you that a business needs a number of results; it has to get those results in order for it to stay profitable for to stay functional for doesn't get those results.
And there are problems.
But what are the minimum ones? Like...
Thomas Rolley 00:00
The benefits of repeated habits, benefits of repeated habits, this were shown in fascinating experiments cut done in Hungary.
And you may have heard of this.
But there were three sisters that the dad decided to say that, you know what I want to prove that genius can be trained,...
Thomas Rolley 00:00
The three big problems with running a business without processes.
So let's start with what actually is a process.
While the process is pretty simple, it's pretty much like a list of instructions, Do this, do this, do this, do this.
And straight off the bat, I want you to be awa...
What to do when there are no people to work.
The numbers just came out in Australia for our unemployment rate, and it came in at a 41-year low of 3.5% and 3.5%.
Now, this was a bit shocking to me because it seemed unusual because the news has been filled with businesses folding falling over collapsi...
Thomas Rolley 00:00
The ironic difficulty with systems.
The ironic difficulty with systems I was talking to a friend of mine.
He's been big into systems; he's running his business with them.
And we were joking around; we're messing around talking, the benefits talking the challenges of systems.
An...
Thomas Rolley 00:00
No contest your memory versus your SOPs.
I had an interesting situation with starting these Facebook Lives again.
So traditionally, I shot the Facebook Live and then would distribute it out to multiple channels.
This was all taken out of traffic secrets by Russell Brunson; if y...