A burn rate is a term used by new companies. It’s the amount of money that they must spend every month to keep operating. Once the money runs out, the company goes bankrupt. So, in many start-ups, the race is to start earning money before they run out of money. I think the idea of […]
Archives for July 2009
Ruthless Focus and the Art of Saying No
Goal-setting isn’t about adding more work. It’s about ruthlessly saying no to everything else. Productivity isn’t defined by how much work you do, but the amount of work you ignore. I’m a big fan of the 30-Day Trial system for changing habits. I’ve used it to rewire my health, work and lifestyle. One of the […]
What are You Going to be Exceptional at in 10 Years?
Many people set the right goals, but the wrong deadlines. They want to become a professional blogger, but set a deadline of 6 months, instead of 6 years. This short-term thinking detracts from the big picture, where becoming really good at something takes at least a decade, not just 18 months. “Freedom and success isn’t […]
How to Meet Interesting People
It’s important to meet like-minded people, who share your goals and can support you towards them. But what if everyone you know is, well… boring? A reader recently commented that most of the people he knows are boring. He found it difficult to connect when so many people lack ambitions, a passion for life or […]