4 Simple Habits To Be More Entrepreneurial

4 Simple Habits To Be More Entrepreneurial

If you’re like me, you always strive to be more creative, have better ideas, take more action, and be more effective. I’ve tested the following habits consistently over the past few months, and they definitely help.

Some of these may seem obvious, and we know they’re good for us, yet they can be difficult to fully commit to. To get past this, it helps to look at them from different angles–to understand the full scope of why they are good for us, and to tackle them in small chunks, consistently.

 

1) Read

When you read, you’re consuming the thoughts of another person. Think of it as if you’re listening to somebody tell you about their experience. On top of that, reading is essentially exercising your brain. It subconsciously expands your vocabulary and strengthens your left-brain. Merely being exposed to words and stories on a regular basis helps your left brain connect your own words and stories when the time comes. After reading every day for a week, you’ll find yourself thinking, writing and speaking more eloquently without much effort.

 

2) Run

Apart from the obvious benefits of exercising, running is a powerful mental exercise. The most value comes from using your mind to push past the moment your body tells you to stop.

This may seem obvious. But the next time you go for a run, when you get to the point where your body starts complaining, consciously push yourself harder for 1 minute. You’ll stretch you limits physically and mentally, growing more in that 1 minute than in the rest of the run combined.

 

3) Journal

Albert Einstein enjoyed sailing during his adult life. He was known to entertain guests out on his sailboat. However, whenever the wind would die down, he would often ignore his guests and feverishly write in his journal until the wind picked back up, when he would shift his attention back to the people around him. For this reason, Einstein was regularly described as a “compulsive scribbler”. He would draw pictures, write questions, ideas, or anything that came to his mind. It was his way of organizing his ideas, and it served him well.

Everybody has their own way of making sense of the ideas in their head. Putting them down on paper is one way to progress an idea from being abstract to concrete. I’ve carried a small journal around with me for almost a year. It’s a part of my life for which only I get to create the rules, and I use it to gain clarity and make sense of my thoughts.

 

4) Live in the moment

Many entrepreneurs seem to have an automatic problem-solving mechanism constantly running in their brains. This makes sense, because there is always a potential for improvement and innovation, and entrepreneurs are the ones who take on that responsibility. However, any amount of creative success can be meaningless without emotional fulfillment behind it. For this reason, temporarily replacing your problem-solving brain with a more perceptive and present mindset is vital when it comes to consistently producing results. There must be a balance.

Every day, find time to let your worries and responsibilities slip away. It’s harder than it sounds, but can be done by appreciating the details of a sunset, spending time goofing off with friends, meditation, etc. Temporarily shutting off your problem-solving mechanism opens up space to feel gratitude, happiness, and to re-calibrate the why behind your hustle.

 

It’s tough to start a new habit because it always seems so daunting. This becomes a catch-22, because if you challenge yourself to do too much, then it will be too daunting to start, but if you challenge yourself to too little, you won’t reap much of the benefit.

Start with small, bite-sized chunks. You can build it up later once you get into a consistent routine. For example, challenge yourself to run every day for 2 weeks. Even if you run for 3 minutes one day, it counts as a win. The consistency of action is more important than the quality or quantity of each chunk of action itself.

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Ep 2 – Claire Coder talks entrepreneurship, embracing the need for attention, and “tanpons”

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Today I interview Claire Coder, good friend and fellow dropout from Ohio State. She has started multiple businesses, most recently Aunt Flow, a buy-one, give-one subscription model for tampons. At 19 years old, she raised over $40,000 with crowdfunding and business competitions, and her company will begin sales in January.

We dig into some interesting and raw topics about being a 19 year-old entrepreneur, struggling through the learning process, nude modeling for money, emotional breakdowns, and much more.

It was a really entertaining conversation–I hope you enjoy it as much as I did.

About halfway through a siren goes off in the background. But hey, it gives the conversation some character, so try to enjoy it.

 

Topics we discuss:

Her company, Aunt Flow

Entrepreneurial beginnings at 16

School vs. the real world

The need for attention and being honest about it

Alternative education: Praxis

Learning through trial and error and dealing with pushback in entrepreneurship

Menstrual cycles

Claire misspelling tampons in a mass email

 

Mentioned, but not explained: Ready, Fire, Aim. This book is a game changer for entrepreneurs. Highly recommend reading, it will give you clarity and focus no matter what stage in business you’re at.

 

How to reach out to Claire

 

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Ep 1 – Alek Halverson on dropping out, and getting a job with little or no professional experience

Today I interview Alek Halverson, a good friend of mine for years. Ever since he was a kid, he wanted to be on the radio. In this short interview, we cover how he got his first job running a daily radio show by age 19 with no degree and almost no professional experience.

There are a few funny things going on here:

First, we used Alek’s equipment, so even though I’m “hosting” the podcast, it sounds like I’m calling in to his radio show.

Second, there’s some quiet background music from a neighboring radio show, so you can jam out to the Cars as we’re talking (hopefully it’s not too distracting).

 

Topics we discuss:

Should you drop out of college?

Tips for learning on the job without much experience

The driving force behind building a career from scratch

How Alek handles screwing up on the air

What it’s like being the youngest person in a professional setting

 

Overall, it’s a quick interview, and you’ll find tons of valuable advice for how to approach early career building. Enjoy

How to contact Alek:

alekontheradio@gmail.com

 

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Why I Turned Down a $70k Job Offer at 21

I heard a knock on our dorm door. My roommate and I look at each other, wanting the other one to take initiative–neither of us wanted to pause our FIFA match.

After an intense silence, he knocked again. I gave in and answered the door:

He was a kid about my age, standing about 6 feet tall with blonde hair and blue eyes. “Do you guys want to make $8,000 this summer?”

I have never seen that amount of money in my life… “Sure. How?”

He briefly explained an internship that he had just completed, during which he ran his own house painting business over the summer. I wasn’t sure what to think–after all, none of my teachers had told me what to do in a situation like this. So I filled out his clipboard with my information, and went back to FIFA.

Fast-forward 1 month, an info session and a couple interviews later, I was officially accepted into the program.

As the summer approached, more and more I thought to myself, what the hell have I gotten myself into? I’m only a freshman! I don’t have any experience running a painting business. I’ve never even painted a house before.

But they promised to train me and walk me through their system, and I had already committed (told all my friends about what I was going to do), so I embraced my uncertainty and went on with it.

That summer was the best and worst summer of my life.

Having zero business experience whatsoever, within 6 months I had successfully sold and produced $60,000, profited $9,000, hired and fired employees, all while living on my brother’s couch.

Between the countless 18-hour days, paint spills on roofs and driveways, employees carelessly breaking windows with ladders or not showing up to work, and getting yelled at by unhappy customers for things that weren’t my fault and somehow finding a way to make them happy (even if it meant painting the house myself into the night), I can hardly say it was worth it for the money.

However, the personal growth I experienced was unprecedented and I wouldn’t trade it for anything. I learned how to take responsibility for things that weren’t my fault. I learned the power of communication and expectation-setting. I learned about business strategy, marketing, sales, management, you name it.

Most days I wanted to stay in bed and quit.

The blunt reality: THAT’S the price you pay for this kind of intense personal development. It’s up to you to decide if it’s worth it.

As the summer came to a close, I was definitely burnt out and ready to take a break. But I decided to do it again the next summer, this time teaching other interns how to run the business on top of running my own again. It was much easier that year, considering the mistakes I had learned from.

By my 3rd year, I was managing 18 college kids running their own branches across the state of Ohio, netting $750k in revenue. And I was good at it. All those failures had amounted to something. I had learned so much.

That year I won Executive of the Year, attended the annual retreat in Jamaica with the company’s top performers for the 3rd year in a row, and made over $50k while most of my friends were spending that amount of money to sit in class and complain about homework.

I don’t say this to brag–the point is, if you consistently and truly challenge yourself, after 3 years you’ll be pretty good at what you do. That’s a fact and it applies to everyone, including you.

They offered me a $70k salary to come on for a 4th year, manage more people and more revenue, basically doing the same thing I had been doing but more of it.

It was very enticing, and I initially accepted the offer. But something in my gut felt wrong. I felt like I was doing the same thing over again. To accept the offer would be to value immediate money and prestige over humility and long-term personal growth. And if my failure-ridden summers had taught me anything, it was that true challenge and experience are priceless compared to a nice salary.

Sure, I still had more to learn within the company, but I could feel my growth beginning to plateau. I wasn’t experiencing that exciting, gut-wrenching trial and error that I went through my first year. I knew I could challenge myself more.

So I did what any reasonable 21-year-old would do with a $70,000/year job offer.:

I quit.

It took me a couple weeks to build up the courage to make that phone call, but I haven’t looked back since. I set out to consistently challenge myself and to continue failing, knowing that the money and fame would eventually follow if I stuck to that principle.

These are the decisions that define our lives.

To be alive is to grow.

That’s the point of all life on earth. Stay alive and keep growing.

Jeff Goldblum briefly and eloquently touches on this in Jurassic Park.

That’s why we feel so unfulfilled when we remain stagnant. We crave challenges. We need adversity. Uncertainty is where we thrive. That’s why my gut told me to turn down more money than I’d ever seen at age 21.

You can literally see the shift in my mindset here. The thing that enticed me to sign up for the internship in the first place was the idea of making $8,000 in one summer. My failure-ridden summers had clearly shifted my values, which led to my seemingly strange decision three years later.

My point is this: Don’t jump into opportunities because they have the best pay, or because they carry the most prestige. The most valuable currency is your own personal development. This is especially true in your 20s. You can make a lot of money now, but if you’re not growing every day, you’re taking the easy path with a limited ceiling and it will eventually catch up with you.

Play the long game. Do the hard thing. Choose uncertainty. Choose growth. Get comfortable being uncomfortable. Your future self will thank you.

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