Building up

 
This is what I want:

home48

And this is what I have:

NewBoat

And this is where I started:

Jetski 750SX

You don’t start at the top and work your way down. You don’t start with a yacht and end up with a Jestski. You start at the bottom – but the bottom for me is different than the bottom for you.

Richard Branson grew up wealthy so for him starting at the bottom was founding a magazine. John Paul DeJoria, founder of Paul Mitchell hair care and Patron tequila (love the coffee Patron), once lived in a car, bottom for him was really low.

It is incremental steps that build success and wealth, but like starting at the bottom the increments are larger or smaller depending on the person.

Howard Schultz, the CEO of Starbucks, grew that business incrementally. Begun in 1971 Schultz bought the company in 1987 and expanded outside the Seattle area for the first time that same year. The company didn’t go public until 1992 when it had just 140 locations compared to over 16,000 today. The incremental growth was slow in the beginning and picked up speed as time went on. Incremental growth speeds up with momentum. None of the successful people you know have coasted to the heights they’ve achieved. Success is an uphill climb and coasting doesn’t work up hill.

But what do the boats have to do with growing a business? Nothing really, but they are the end result of that success. I mean really, why work if it can’t buy fun? The boats represent how growing your business is tied to growing your own success. We grow our businesses, our savings, our net worth so that we can enjoy it. When I got my first job out of college I bought that Jetski and thought I had hit the big time. Over the years I upgraded and bought a boat and then another Jetski. I traded up for a bigger boat and now I’ve traded up once again for the boat you see in the middle.

I’ve taken small steps over the years which is how I’ve been able to grow in other areas such as net worth and investment portfolio. I don’t know if I’ll ever have the yacht in the first picture but I know I won’t get it by obsessing over it. I’ll get that boat by continuing to work hard, by growing my various What Next businesses, and by keeping focused on success. It’s the people who focus on the results of success rather than the work of success who end up with less than they started.


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Blame is Good!

 
Blame me!I’m not afraid of blame and that allows me the freedom to think outside the box, to try things even if they might seem a little unorthodox, and to view criticism as opportunity for improvement.

People need to move past the blame mentality. Blame is not a bad word. When I do something wrong and another person points it out, they are not blaming me, they are showing me an issue or mistake and helping me to correct it.

When my staff makes a mistake and I investigate and find the cause of the mistake I’m not blaming someone so they can get in trouble, or so I can fire them, I’m simply pointing out an error so it doesn’t happen again. This is the attitude I have when it’s determined that my action caused a problem. I’m not mad or scared, I’m glad, happy that an issue was discovered and that action can be taken to correct it.

Everyone has two choices when someone “blames” them for something:

1. Get mad and upset which leads to a bad attitude

2. Be thankful someone caught the issue before it became a problem, fix it, and become better

Which will you choose?

If your choice is number 1 then you are doomed to a mentality of cover-up, fear, and passing the buck. All of that leads to a bad workplace, a bad marriage, and bad relationships.

Choosing number two gives you power; power to take control of the situation and to learn from mistakes which leads to open communication, the freedom to think differently, the comfort to speak up.

The bottom line is that we all have to re-think the word blame and recognize it for what it really is, help and a way to improve.

So I pledge that if I mess up and you blame me, I’ll thank you and we will all be better for it.


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