History is packed with famous product failures. Remember the Google Glass? Or the Amazon Fire Phone? Both were hyped to be a massive success but they tanked BIG time. Google lost over $1 billion, and Amazon lost hundreds of millions of dollars. Ouch! But then there are other products like the Oculus Rift that flew off the shelves. The Oculus
Back in my early 20s when I was building my third company Spheric, I was unapologetically working 100-hour weeks. My philosophy was “work hard, play later”. All I cared about was building my business. So everything else was put on the backseat. My exercise, diet, sleep… Even spending time with the people I cared about. I didn’t realize it at
What’s the most important thing in business? Your offer? Happy customers? Cashflow? Or is it leadership? Innovation? Talent? When I asked Richard Branson that question over dinner at his retreat in Verbier, his answer was simple… “It’s the brand” Ok. Great. Got it. Makes sense. “But wait, it can’t be that easy right?” “There must be something else?” “No, it’s
When I was starting my entrepreneurial career, I used to spend so much time with all the wrong people. Taking my laptop to parties trying to get my work done… Hanging around people that didn’t get it… It was only when I started hanging out with wealthier people that my life changed forever. And here’s how that affects you and
Ever feel like no matter what you do, projects never seem to get done on time, or end up going way over budget? I’ve spent years trying to figure out the “secret” to managing projects. I’ve been coached by some of the best project managers in the world… I’ve poured over dozens of books and courses on project management… It’s
Never link your confidence to your abilities. If you do, you’ll always feel like you’re never good enough. Instead… Confidence should come from your intentions. If your intentions are to do good and serve… If you intend to build a thriving business with money in the bank… You’ll never lose confidence in yourself – even if you find yourself in
You can build a multi-million dollar business and be horrible at finances. I am living proof of that. Here’s a few fun phrases: “Balance sheet” “Operating cash flow” “Cash flow analysis” “Free Cash Flow” ZzzzzZZzzZzZzz…. Asleep yet? Yeah, me too. There came a point around my second failed business where I decided I’d better figure this “finance” stuff out. But
I want to do something a bit different today, just for fun. It’s a little “experiment” that will make you 4-10x more productive overnight. And it takes 60 seconds. Ready? OK. First, count from 1-26 out loud and time how long it takes. Took me about 8 seconds. Now, recite the alphabet, A-Z. Done? That time it took me about
My buddy Marcus called me up, almost in tears: “He won’t give me the GitHub passwords.” His Lead Developer has held his code hostage and was asking for 10% of the company. It was either that, or go the legal route, which wasn’t any more appealing. Marcus broke one of the cardinal rules of working with a team: “It doesn’t
When I started my coaching business, I built a course called “Idea to Exit”. It failed. I spent months brainstorming the outline and content. Recorded dozens of videos in a professional recording studio. I poured my heart and soul into it. The course was the best in the world. Then I had some trusted people in the industry promote it.
