Help us stay free, Link back to us! General Information - Bookmark this page

7 Lean Marketing Laws For The Inspired Entrepreneur

The following laws will provide guidance on how to act,
think and work in a lean way. You can apply these laws to
all areas of your life, work and business to get bigger
results from the time you invest.

1. Multiple Rewards
Aim to be rewarded multiple times for a single effort. Money
can be recovered but time cannot. Time gets spent. You can't
put it in a bank and you can't earn more of it. Wherever
possible, you should look for ways to get paid/rewarded
multiple times for each hour you invest. You will never
be truly independent if your income comes from your own
time and labour so package your knowledge as a product.
Once you have aproduct you can sell your packaged
time again and again.

2. Mistakes Are Gifts
Mistakes are nothing more than "Learning Opportunities".
The best way to learn more and grow more is to make more
mistakes. Mistakes are unavoidable when you're learning so
adopt a ready, fire, aim approach to decisions and learn as
you take action. If it doesn't work you can easily make
another
decision to put things right again.

3. Know When To Stop
Be prepared to stop what you're doing. Take stock and try
something different. Don't let pride, fear of ridicule or
ego get in the way of good judgement. When a mission is
over, learn from it and move on.

4. Use Your Levers
Do the little things that make the biggest difference.
Aim for maximum impact with minimum effort. Focus will help
but there are other forms of leverage too. Here are just
two.

OPT - Other People's Time. Don't be afraid to ask for help.
You don't have to do it all yourself. Use your network. Ask
and you shall receive. Give and you shall get.

Recycle - Learn to recognise value in everything you do.
Turn your ezine into a book and sell it. Write your words
of wisdom down and share them.

5. Don't Be Busy - Be Effective
Don't waste your hours simply being "busy". Being busy does
not cause you to be wealthy. So don't be busy - be
effective.
Remember the 80:20 rule. Typically 20 per cent of the things
you do will be responsible for 80 per cent of the results
you get. So focus on the 20 per cent that gets the result.

6. Always Look For The Easy Route
If there's an easy way to do something and a hard way - take
the easy way first. I call this "inspired laziness"

7. Measure Progress By What You Reap
The only truth is the result. Doing lots of things is not
the same as achieving lots of things. Measure progress by
your outcomes not your inputs.

4 Out Of 5 Small Businesses Go Bust
Inside 5 Years! Finally - A Guaranteed
Way To Make Sure You're Not One Of Them...
http://www.leanmarketing.co.uk/toolbooks

In The News:


HYSTA Celebrates an Outstanding 2008 Annual Conference, Incredible ...
MarketWatch - Oct 10, 2008
I am proud to say HYSTA continues to serve the international business community in our mission to promote entrepreneurialism and career development among ...

A salute to our newspaper carriers
Telegraph-Journal, Canada - Oct 11, 2008
The image of the young, bright-eyed newspaper carrier is iconic - an emblem of eager entrepreneurialism as recognizable today as it was a century ago. ...
Carried away Times and Transcript
Graham: Delivering newspapers is a great way to build a career Kings County Record
all 4 news articles

AgentShield.com selected as Finalist for ITFlorida's Innovation ...
PR Web (press release), WA - Oct 4, 2008
Agent Shield, Inc. has been recognized as one of only four finalist statewide for the "Innovation and Entrepreneurialism Award" in the annual ITFlorida ...

A study on entrepreneurialism shows the field is not just for men.
UM Maneater, MO - Oct 2, 2008
"Entrepreneurialism is definitely viewed as having masculine characteristics such as aggressiveness, especially with today's economy," freshman business ...

Peers cheer WSU entrepreneurship center
Kansas.com, KS - Oct 10, 2008
The center offers student education, trains entrepreneurs already in the community and does research on entrepreneurialism. The center has three full-time ...

bbg allies with arab business angels network
Al-Bawaba, Jordan - Sep 27, 2008
“Through our alliance with ABAN, we continue to support the growth of entrepreneurialism, innovation and local knowledge creation. ...

Gerber and Mone reiterate the secrets to success
CityWire.co.uk, UK - Oct 9, 2008
By Colin McClelland | 09:30:00 | 09 October 2008 Author Michael Gerber said he had an epiphany 35 years ago that entrepreneurialism was a myth and the ...

The Snowball: Warren Buffett and the Business of Life by Alice ...
Times Online, UK - Oct 11, 2008
... of a profoundly awkward young man whose precocious entrepreneurialism in a variety of money-making schemes had made him a taxpayer by the age of 14. ...

Where to offshore (and why not here?)
Computing, UK - Oct 7, 2008
Perhaps the global downturn may actually encourage more regional talent and entrepreneurialism in countries like the UK, where the conventional wisdom has ...

Sarkozy calls for global crisis summit
Financial Times, UK - Sep 29, 2008
... but he has spoken several times of the need to encourage productive entrepreneurialism and to deter destructive “financial speculation”. ...
entrepreneurialism - Google News

Two Types of Business Plan Executive Summaries

Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full... Read More

Franchises - A Proven Business System

Franchises offer the first time business owner a proven and successful business opportunity. If you are looking to start your own business for the first time, franchises provide you with the greatest opportunity... Read More

Street Smarts Vs Book Smarts, What Does It Takes To Be An Entrepreneur

The latest series in "The Apprentice" features 2 distinct group of candidates. One group, who are only high school graduates are termed as "Street Smarts" by Donald Trump whereas, the other group are... Read More

Franchises-Exit Strategy

At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses... Read More

Oil Change Guys History; Part I

How do franchise companies come to be? How do they start. What type of a person or entrepreneur becomes a franchisor? Below is the story of how one small company became a franchisor... Read More

Staying Ahead of the Perils, Excerpt of Entrepreneurial Motivation Speech

Running a business is not an easy endeavor, it takes courage, hard work and a strategic mindset. I feel now that I am retired looking back on it all, that it is my... Read More

Why Most CEOs & Entrepreneurs Fail?

Times are tough. The economy is in a constant state of upheaval. Is your company doing better than most? Are you placing greater emphasis on pure performance?If you haven't maybe it's time for... Read More

Raising Capital for Your Business ? How Long Does it Take?

Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out... Read More

Its Good to Know Your Banker

Recently my bank opened a new branch that is a few miles away from my house. I used to visit the local branch that was located in the grocery store and enjoyed seeing... Read More

3 Essential Elements of Operating a Successful Business

Have you ever imagined what it would be like to live your dream? A good place to start would be to recognize that there are three elements, and only three elements, that separate... Read More

Executive Suites - A Way To Save Cash

Cash is one of the most important resources to a new business. One of the best ways to conserve cash for a startup business that is in need of office space is to... Read More

The Entrepreneurs Dilemma

In business, you plan to protect your inventory, your unique ideas and approach, and your money. It's easy to replenish inventory, come up with new ideas and make more money. What isn't renewable... Read More

Creativity & Entrepreneurship - Key Questions From My Students

Hello Creative Entrepreneurs!Thought for the day:"It is not easy being an entrepreneur, but it is always rewarding. It takes great discipline, self-motivation, hard work and perseverance to achieve your dream. Never, ever give... Read More

Rambling Confessions of a Recovering Entrepreneur

I told my family that I finally accepted that my passion had become an ob- session, and you could even call it an addiction. They all laughed. What had taken me 25 years... Read More

Will Your Business Survive Without You?

I had a health scare in December.As it turns out, everything's perfectly okay. But the possibility of things not being okay really knocked me for a loop.For the first time ... ever ...... Read More

Entrepreneurial Business Plan The Down And Dirty Way

Does the idea of running your own business sound exciting? Do you have a business up and running and want to take it to the next level?After coaching hundreds of entrepreneurs at various... Read More

Methods of Generating New Ideas for Entrepreneurs

Summary: Even with a wide variety of sources available, coming up with an idea as the basis for a new venture can still be a difficult problem. The entrepreneur can use several methods... Read More

Veteran Entrepreneurs Are Growing In Ranks

When I'm not running my own business, writing articles about business, speaking to groups and organizations about business, or consulting with companies who want my advice about the running of their business, I... Read More

The Six ?F? Words Every Entrepreneur Should Know

Start your own business, and soon enough, you find yourself in a situation where there are many things you want to say, all of them unprintable.It happens to every entrepreneur ? a moment... Read More

The Deal is in the Details

What Startups Need to Get a Business Loan, Part 2In part 1 of this article, entitled "Three C's", we looked at the overview of startup business loan requirements from the lender's perspective. We... Read More

Business Planning Overview

The successful entrepreneur is generally more inclined, once a business idea is selected, to sharpen the concept by a detailed planning process. The result of this step is a comprehensive business plan, with... Read More

How Home-Based Business Entrepreneurs Think

Too many people are trying to start their home businesses with an ordinary employee's way of thinking. This has become a common reason why not long after sitting down and giving it a... Read More

Motivation and Commitment

Why do people start small businesses? The most frequently cited motivation for business start-ups is to allow the entrepreneur to achieve independence; money is secondary. Is this surprising? The other reasons named most... Read More

Entrepreneurs - 9 Top Mistakes to Avoid

1. Isolating Yourself When setting up a business, you can get so overwhelmed with the administration that you don't focus on building up your network. Networks can provide a way to catapult your... Read More

Empathy - Not Business Plans - Key to Your Home Based Business Success - Do You Have Empathy?

EMPATHY is a Natural Talent, you were born with it and you will never loose it. It can be a blessing or a curse in a home based business. If you develop it,... Read More

Why I Should Go In To Business

Rohit Kochgaway was very upset with his boss for his rebuking him today in office. He was very upset with his job. When he reached home in evening his wife got the penalty... Read More

Why eBay Is A Smart Choice For Entrepreneurs

Attention entrepreneurs: If you think the search for the ultimate moneymaking business opportunity is like searching for a very small needle in a very big internet haystack, then think again!Perhaps you've been searching... Read More

From Bank Clerk to Entreprenuer

What seems like a century ago, I left school and joined a well-known High Street Bank. In those days working as a bank clerk was a well-established route for many school leavers and... Read More

Be Where the Pucks Going To Be

The "Great One" said it bestHockey legend Wayne Gretzky, when asked how he was always on the puck before anyone else, pointed out that he was by no means the fastest skater on... Read More

GOOGLE AD