Skip to main content

Posts

Inspire

Inspire
all about inspirational & successful people

Featured Post

Creating Simple Rules for Complex Decisions

Machines can now beat humans at complex tasks that seem tailored to the strengths of the human mind, including poker, the game of Go, and visual recognition. Yet for many high-stakes decisions that are natural candidates for automated reasoning, like doctors diagnosing patients and judges setting bail, experts often favor experience and intuition over data and statistics. This reluctance to adopt formal statistical methods makes sense: Machine learning systems are difficult to design, apply, and understand. But eschewing advances in artificial intelligence can be costly. Recognizing the real-world constraints that managers and engineers face, we developed a simple three-step procedure for creating rubrics that improve yes-or-no decisions. These rubrics can help judges decide whom to detain, tax auditors whom to scrutinize, and hiring managers whom to interview. Our approach offers practitioners the performance of state-of-the-art machine learning while stripping away needless complexit…
Recent posts

One of Facebook's First Employees Explains Why Email Marketing Is Better Than Social Media Marketing

How you can take advantage when everyone else is focused on social. Noah Kagan was the 30th employee at Facebook, so he knows a little about social media. But, he might surprise you, because he doesn't say Facebook is the best way to market and connect with your audience. It isn't Twitter, Instagram or Snapchat, either. It's email. Email marketing can get lost in the mix when there are so many other marketing methods, but it shouldn't. Why? Because it can help you connect directly with your audience and, more importantly, it's algorithm-proof. With email, you don't have to worry about your post showing up in recipients' feeds or whether they'll even get a chance to look at your content -- it will just be waiting for them in their inbox at any time.  Click play to learn more about email marketing and the free tools you can use to improve your company's marketing campaigns. Mark Fidelman --entrepreneur--

Lessons On Sales And Customer Relationships: Be Quick But Don't Hurry

Legendary Coach John Wooden Would Use This Phrase To Motivate His Teams Growing up I often heard my dad say; “Be quick, but don’t hurry.” He was quoting the famous UCLA men’s basketball coach, John Wooden, who won a record 10 national championships in 12 years. I would have never guessed it at the time, but this lesson at an early age has proven foundational for all aspects of my life, especially when it comes to sales and customer relationships.
These words echo in my mind today as I think about how my dad tried to impart to my brother and me the value of a strong work ethic and persistence. It rankled him to watch a job done poorly just because someone was lazy and inefficient. He loathed a rushed process, cut corners, or when people scraped by doing the bare minimum.
Quick Communication Versus Hurried Responses Effective communication is key to customer relationships. It is what makes the difference between going quickly and hurrying. Responsiveness is good business, but true engagemen…

Good Leaders Are Good Learners

Although organizations spend more than $24 billion annually on leadership development, many leaders who have attended leadership programs struggle to implement what they’ve learned. It’s not because the programs are bad but because leadership is best learned from experience. Still, simply being an experienced leader doesn’t elevate a person’s skills. Like most of us, leaders often go through their experiences somewhat mindlessly, accomplishing tasks but learning little about themselves and their impact. Our research on leadership development shows that leaders who are in learning modedevelop stronger leadership skills than their peers. Building on Susan Ashford and Scott DeRue’s mindful engagement experiential learning cycle, we found that leaders who exhibit a growth mindset diligently work through each of the following three phases of the experiential learning cycle. First, leaders set challenging learning goals in the form of “I need to learn how to…” For some leaders, the goal might b…

9 Low-Budget Marketing Strategies Every Startup Can Afford

Many cash-strapped startups abandon the "superfluous" investment of marketing. Big mistake, because marketing can actually provide that cash.
Startups face many challenges, but none as precarious or life-threatening as the struggle to remain cash positive. The Minority Business Development Agency (MBDA) estimates the average cost to start a business to be in the neighborhood of $30,000; and there’s significant variance in this figure, with some businesses starting out for just a few hundred dollars and others requiring upwards of millions.
But, remember: These numbers are only startup costs. In addition, new companies have to pay thousands a month in team salaries, office-leasing fees, raw materials and other ongoing operational costs -- all while struggling to secure enough revenue to stay afloat.
Caught in this dire financial balancing act, most entrepreneurs end up abandoning investments they come to view as superfluous, such as marketing and advertising. Yet the cruel irony…

3 Simple Product Development Lessons All Entrepreneurs Should Remember

Here are the things I have always kept in mind in continually working to evolve the companies I've run. There is a long simmering, rather interesting argument around the notion of "nurture vs. nature" as it relates to human beings and their abilities. The Eddie Murphy film Trading Places was actually based on it, with a bet revolving around whether he could learn the commodities business without being born a blue blood.
I’m often asked whether entrepreneurs are born or made, and I firmly believe that entrepreneurs are born. Why? Because the mark of a good entrepreneur is that you’re never satisfied, you’re not OK with the status quo and you’re out to change the world no matter how large or small. Even looking back to my youth, I was always the kid in school to ask “why?” and I’m sure that rings true for many of us.
It’s that energy -- the unwillingness to stand pat and let that “why” vanish from the back of your mind -- that drives successful entrepreneurs as they tirelessl…

8 Reasons a Powerful Personal Brand Will Make You Successful

Opportunity will find you and your business when you have a strong brand.
If you don't have a powerful and visible personal brand, you are putting yourself at a disadvantage in almost every aspect of your professional, business and personal life. Personal branding has become a requirement for anyone looking to grow their business, get a better job, get noticed by the press, take their career to the next level or meet new, high quality friends.
Personal branding is the practice of people marketing themselves and their careers as brands -- the ongoing process of establishing a prescribed image or impression in the mind of others about an individual. Everyone has a unique personal brand, whether they know it or not. But what we should all be striving for is a powerful, attractive and visible personal brand. I define that as an online and in-person authentic display of the engaging aspects of your professional and personal activities and interests.
In my previous article, 7 Social Media …

My Virtual Assistant Tried to Steal From Me. Here's What You Should Know.

What you can learn from my experience.
In my lifestyle business, I generate income in several different ways. I write for publications (for exposure and pay) and books, coach clients, speak at events, consult at and for large multinational corporations and sell digital information products. To run a half-million-dollar-a-year business, I have been using a team of four virtual assistants for administrative tasks and two freelancers for the technical parts. 
A few weeks ago, I walked away from a consulting deal that I was negotiating with a company here in Asia (I'm writing this article to you from Seoul, South Korea). The deal fell apart because the company wanted to own all of my content after I presented it. They offered a six-figure consulting contract for the intellectual property rights. 
My attorney and I tried to offer many other options, but they were adamant. They wanted to own the content so they could repackage it and sell it as their own. I walked away from the deal. I kno…

25 Habits of Successful and Extremely Happy People

Quality sleep, big dreams and meaningful conversations are all part of the mix for those lucky enough to call themselves "happy."

What's the secret to happiness? That can differ according to the person involved. But we do know that happy people have different habits and think differently than those who are miserable. So, the good news is, if you're trying to be one of those happy people, recognize that that desired emotion comes from within and that you have the power to literally turn that frown upside down by mastering some simple habits.
Here's what happy people do and don't do . . . 1. They savor the moment. Do old cliches like "stopping to smell the roses" and "it's the little things in life" really lead to happiness? Yep.
Researchers call this "savoring," which is all about paying attention to the moment. Instead of multitasking and being focused on the past and future and on the present negativity all around, those of us wh…