I¶ÛÃѪªá IöÑÍÚ ƍªÑÀñÍƍU¶ƍU±¨řƍIªw±ƍƱ PÑƍ3¨ƍUƍU¶ÀƍĆơ 9ͪªƍ%wÃÀà Legal Stuff We won’t include a bunch of legal terms here, but the book should only be shared in its entirety. Do not share screenshots, reproduce or copy specific text, paragraphs or images for use on your site without the appropriate credit and links back to the author. About The Author Mitchell Harper has launched 6 companies, generating over $200M in sales and raising $1555M in venture capital. He has been featured in the New York Times, Wall Street Journal, Entrepreneur, Inc, FastCompany, Mashable and TechCrunch. He is a voracious learner and has always had an obsession with productivity, high performance and what makes people great. He is also an advisor, investor and coach to individuals and businesses with a focus on growth, performance, culture, psychology and leadership. Follow me on Facebook Page 1 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 2 of 98 Table Of Contents Introduction Planning 10 Years Priorities Thinking Inner Voice Self Sabotage Energy Cycles Wellness Stress Subconscious Mind Page 3 of 98 BEFORE WE START Introduction Page 4 of 98 Extreme productivity separates average people from exceptional ones. But what exactly is productivity and how can you become more productive? Since 2001 I’ve built 5 companies and have been obsessed with constantly improving the return on my time invested. As it turns out, the surest way to achieve your goals faster is to audit where you spend your time and why. Being productive doesn’t mean using a particular goal setting system or even necessarily working longer hours. To be in the top 1% of the world’s most productive people requires significant alteration to your psychology, routine, expectations and communication style. All of which I cover in this book. Whether you want to make more money, lose weight, find a partner, be a professional tennis player or even the next president of the United States being powerfully productive improves your odds of success significantly. Let’s get started… Page 5 of 98 CHAPTER ONE Planning Page 6 of 98 To say I’m obsessed with productivity and timeROI is probably an understatement. For as long as I can remember I’ve been fascinated with the art and discipline of goal setting. Over the last 10 years I’ve probably tried every system there is. And none of them worked. So I decided to build my own hybrid approach, which I’ve been using since 2011. There are thousands of articles that talk about the impact of goal setting so I’m not going to go there. What I do know, though, is there’s no onesizefitsall approach. By hacking together the best approaches from various systems and mentors, I’ve created something that I would estimate has helped me to be 10x more productive over the last few years. I take it to the extreme, though, so I’d say you can at least 3x your productivity by following this simple system at the start of each week. What do I mean by productive? I mean getting more leverage from the resources I have and accomplishing more while exerting less personal effort. I mean defining a clear roadmap for the next 12 months that’s balanced across the important areas of life, which are health, business, relationships and contribution. I mean knowing what to say yes to — not because it sounds interesting, but because Page 7 of 98 what you say yes to is in context and part of the roadmap you’ve defined for the coming year. Before any goal setting or productivity system will work, though, you’ve got to have the right people on your team. That means the right leaders (if you own a company), the right partner (if you’re married), etc. Fix your people problems first otherwise they’ll slow you down massively. That lesson is hard to learn but easy to give. The system I’ve been using for a while is pretty basic and there are 4 parts. I’ve shared it with maybe 20 people I know (employees, friends, relatives, etc) and it’s changed their lives by dramatically boosting their focus, productivity and clarity. Basically it will make you outcome focused so you stop doing stuff just to be busy. #1 — Goals categorized by area of focus Every year starting on December 1st, I spend about a month brainstorming goals for the different areas of my life. I scribble those goals down — even if they aren’t clearly defined yet. I come back to them whenever a new goal comes to mind and add it to the unsorted, messy list. Page 8 of 98 Once the list is finished, the goals are moved into areas of focus that are important to me. Those areas are: 1. Family 2. Marriage 3. Financial 4. Giving Back 5. Investing 6. Travel 7. Fun & Hobbies 8. Possessions 9. Stuff It’s no mistake family and marriage are at the top of the list. The areas here come from Ted Leonsis’s great book The Business Of Happiness. His book will change your life and is a mustread. Ted is a personal mentor of mine and is part of Revolution Growth, through which Steve Case sits on the board of Bigcommerce (my previous company). He is also owner of the Washington Wizards NBA team, which makes flights to Washington exciting. Page 9 of 98 After you move your goals into the areas of focus, you prioritize them. Most important goals at the top of the list, least important at the bottom. Easy. #2–12 month timeline The next step is to use something like Google Docs, Photoshop or Trello to create a horizontal timeline of the calendar year. You then go about roughly placing your goals across various months of the year — about where you’d expect to complete that goal. For example, if you plan to hire a head of marketing early next year, put that goal in February. If you plan to take a trip to Japan later in the year, place that goal in October. After you’ve placed all of your goals on the timeline, you end up with something like this: Page 10 of 98 This is the timeline I created back in December 2013 for the 2014 calendar year. For privacy reasons I’ve blocked out most of the goals, but you can see that I categorize goals by color as they’re laid out on the timeline. As you progress every week, you move the green bar across the timeline to represent where you currently are in the year. As you achieve your goals, you grey them out, like this: Page 11 of 98 Again, I’ve just blocked out the details. You can see that by the end of December 2014, I’d achieved all but one goal for the year. Goals that were really important for the year are marked with a magenta color as they’re completed — just to remind me of their importance as I look back on them. You might think it’s weird to position your goals on a timeline like this, but it’s incredible what it does to your subconscious mind. By writing something down and giving it a completion date, you find your goals are almost automatically completed within a few days of that date. Page 12 of 98 Your brain works behind the scenes to figure out the resources, team, advisors, communication, planning, etc you need to get something done. #3 — Draft look back statement You can’t predict the future. Or can you? Once I’ve laid out my goals on the timeline, I then write a 2–3 page look back statement. I start by asking myself this simple question: It’s December 31 2014. Knowing you’ve achieved all of your goals, how would you describe the year when you look back? I look across all of my areas of focus and the goals I’ve set, and I write a story that talks about the success I’ve had during the year. Now you have to remember I’m writing this before the year has even started. I write this on December 31st of the previous year for the upcoming year. Why do this? It comes back to your subconscious mind. The power of writing something down can’t be underestimated. If you’re a visual learner, the timeline locks the goals in your Page 13 of 98 head. If you’re an audible or kinesthetic learner, the look back statement locks the goals in your head. So how do you write a look back statement? Organize your list of goals not by area of focus but by overall priority. Start at the top of the list with the most important goal you will achieve next year and work your way down. Then just write a paragraph describing what achieving that goal means for you today (remember, you’re standing a year in the future from now) and why achieving it was so important for your life. You must write these paragraphs in past tense, as in, you’ve already achieved them. This is another way to trick your brain and subconscious mind. Your brain has no idea if what you’re telling it is true or not and it assumes everything you say is true and works to make it so. This has been proven over and over again by science. #4 — Wheel of life I’ve borrowed the wheel of life from Tony Robbins. It’s a simple construct that helps you grade each area of focus every week. For areas where you grade yourself low (on a Page 14 of 98 scale of 1 to 10), you dedicate some time and focus to boost your rating — say from a 4/10 to a 7/10. Your wheel of life is structured as a circle and the areas you want to focus on are included as spokes on the circle, like this: Page 15 of 98 Areas you’re doing well in get a rating of 8, 9 or 10. Areas where you’re doing OK get a 5, 6 or 7. Areas where you’re struggling get a rating of 1, 2, 3 or 4. The analogy Tony uses for the wheel of life is a tire on a car. If you look at how you connect each of the spokes on the wheel — and if that were a tire on a car — how would the car drive? A high performance tire is round, so if you look at the example wheel of life above, you’ll see that the spokes are connected with lines that are jagged. If this were a tire on a car, the car would barely drive. And that’s the idea. You need a focused approach to all the areas of your life that are important to create a wellrounded tire. If you rate your business progress a 10 and family a 2 then your wheel will be off — and your car (your life) won’t drive (function) well. See the 3 highlighted areas of focus in yellow? Those are the 3 areas you choose to focus your efforts on over the coming week. Generally you choose the 3 areas where you’ve selfrated the lowest. Page 16 of 98 You then take those areas and look at which of your goals you can work on in the coming week to drive those ratings up. In the example wheel of life, those areas of focus are: 1. Business 2. Learning 3. Health To improve each of those, you’d look at your goals timeline (part #2) and pencil time in your calendar to work on progressing towards the goals you’ve selected. It’s OK to add new goals to your list if you need to as well. The idea is that a system is just a system. It’s there to provide structure and to support you, but it’s not set in stone. You should review all 4 parts of the system at least once a week and pencil that time into your calendar as a recurring event. I like Sunday afternoons or Monday mornings for an hour. Once you’ve decided what you’ll focus on for the week, make sure you block out that time in your calendar as well. It’s a forced discipline that lets you “set and forget” so you end up with at least 50% (ideally 70%) of your awake time accounted Page 17 of 98 for. And that’s the time where you’re making progress on the goals you’ve decided are important to you. That’s it. It’s a pretty simple system that works. The idea is that your yearly goals define your quarterly focus which defines your monthly and weekly priorities which are what you work on to improve the areas of focus that are important to you. I don’t believe you can be happy when most of your areas of focus aren’t performing well. With this system, you’re forced to give attention to the things you’ve decided matter to you, so it keeps you progressing on all fronts throughout the year. Like all systems though, it only works if you stick with it. Once I came up with the system it took me a few weeks to get used to it, but now I can’t live without it. I don’t think it’s a great system if you’re planning incremental gains in your life over the next 12 months. For those, you can use Clear, Omnifocus, Google Tasks or some other basic system. But if you want to 10x your productivity, goals and progress then maybe give it a shot and see how you like it. Page 18 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 19 of 98 CHAPTER TWO 10 Years Page 20 of 98 Creating anything that has a shot at becoming great (like a company) takes at LEAST 5 years. In most cases it takes 7–10. Ask anyone who has done it. When you start anything new, it’s tempting to focus maybe 3 years out at the most. “We don’t know how things will change beyond 3 years”. That’s a valid point, but building something great is as much about sticking it out as it is doing the work (such as creating a product and finding customers). You can’t win a marathon unless you put in the work and have stamina. It’s the same with creating something that will eventually be great. Most modern companies you think of as great took at least 5 years to get on that trajectory and some took 10 years. Think Uber. Airbnb. Hubspot. PayPal. Tesla. SpaceX. Chobani. GoPro. Spanx. The list goes on. It took us 6 years to get my previous company, Bigcommerce, to any level of scale. The good news is, I like to play the long game. Because that’s the only game worth playing when it comes to achieving greatness at anything — business, relationships, health, you name it. Page 21 of 98 Don’t believe the getrichquick gurus or the lose20poundstomorrow infomercials. They are outright lying to you. Nothing good happens without insane amounts of consistent, focused work. I truly believe that when you start anything, you should do it with the intent of becoming the top 1% in your field, ideally the top 0.1%. And do you think that’s a realistic possibility in 1, 2 or 3 years? No way. There are heaps of great videos, lectures and presentations online about “how” to be great. How to be a great musician. How to build a great company. How to be a great manager. They teach the mechanics of success, or what to “do”. But that’s it. You know what absolutely none of them talk about? The time decay of your passion, interest, patience and emotional energy. That’s hard to maintain over 3 years let alone 5 or 10 years, let me tell you. How often have you ended up bored with your workout routine? Your partner? Your diet? Your daily routine? Your company? Page 22 of 98 The path to creating anything great is filled with doubt, fear and frustration. People will screw you over, talk sh*t about you and try to stop you from achieving what you set out to do. You’ve got to have the emotional and mental fortitude to deal with that. Every. Single. Day. The people that create greatness instill in themselves a daily ritual of selfbelief, patience and performance. They know greatness comes after 10 years of work. Whether it’s affirmations, setting goals with a compelling “why” or via a coach, they train their emotions like most people train muscles in the gym. And that’s what gives them stamina. The next time you see a great person or company, don’t refer to them as an “overnight success”. Realize they got where they are with at least 5 but probably 10 years of brutally hard and emotionally draining work that most people simply couldn’t handle. They made mistakes. Course corrected. Asked for help. Kept at it when things got hard. But never lost sight of their vision and their goals. That’s why they’re great. Page 23 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 24 of 98 CHAPTER THREE Priorities Page 25 of 98 Success is about many small efforts compounding over time to produce something great. Too often, though, we fall into the trap of doing what’s urgent and not what’s important. People are always going to want more of your time. And the more you give them, the more they’ll take. Remember — if you’re not working on your own plan, you’re most definitely part of someone else’s. So, how can you achieve massive success without working 168 hours every week? The key is to shift your focus to spend more time on what’s important and less time on what’s urgent. Important means anything that will get you closer to your next milestone or goal (you’ve got those worked out, right?). Urgent means anything that has a perceived (note the emphasis) importance to you or someone else, when in reality the world won’t end if you don’t get to it now, or even at all. Here’s the rub, though. Doing the urgent stuff makes you feel good. They are the things you can put a tick next to in Wunderlist, Clear or Asana and say to yourself “Wow, I got 18 things done today!”. Page 26 of 98 The important stuff takes longer, is harder and isn’t nearly as fun. But it’s the stuff that will drive you forward and get you closer to your goals. How do you know if something is important or urgent? Simple — just ask this clarifying question: “If I invest time to do this, which goal will it get me closer to completing and how?” If the answer is “none” and “I’m not sure”, then it’s urgent — defer it. If the answer is a specific goal and you can measure the impact that task will have on getting you closer to your goal, it’s important — do it now. Let’s look at a few examples of each so you get a better idea of what I’m talking about here. Important: ● Finish plan for next quarter ● Start new content marketing campaign ● Hire another Rails engineer ● Create draft of pitch deck ● Fire poor performing sales rep Page 27 of 98 ● Refine customer personas ● Find business coach Urgent: ● Reply to 154 emails in my inbox ● Get up to date on TechCrunch/Reddit/etc ● Return calls from friends/family/etc ● Decide on colors for office wall paint ● Update my ToDo list ● Rearrange office to maximize space ● Organize lunch with John You get the idea. Now of COURSE sometimes you have to just get something done that’s urgent. I get it. But I’m talking about the other 95% of how you allocate your time. If you want to skyrocket your progress, do nothing but more important tasks and less urgent tasks for the next 30 days. Page 28 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 29 of 98 CHAPTER FOUR Thinking Page 30 of 98 Most people live in a reactive state. They work on stuff until someone distracts them. Then they react to what the other person needs. That’s true at home and in the office. And it’s the easiest way to keep spinning your wheels for months or even years on end. Look at the calendar of most people and you’ll find a good assortment of the usual events like team meetings, oneonones, lunches, etc. You might also find some personal events scheduled, such as family dinners, soccer games, birthdays, etc. But what won’t you find on 98% of calendars? Time blocked out to just think. Blocks of 1, 2 or even 3 hours at a time with no agenda. No additional attendees. No anything. Just “thinking time”. Time is our most precious resource. And where you spend your time influences how you do in every area of your life. Want a better body? Spend more time eating right. Want to be a better husband/wife? Spend more time listening. You get the idea. Page 31 of 98 But how do you know if you’re working on the right things? You guessed it, you need to constantly revisit your goals and strategy. Sometimes it makes sense to do that with people (colleagues, board, partner, family), but you also need some alone time where you can just lay your cards out on the table and think about what’s working and what’s not. So what should you “think about” during the time you schedule to think? Here are some ideas: ● How are my important relationships going? ● Which goals aren’t I making progress on? Why? ● What’s coming up that I need to prepare for? ● What should I do differently? ● What new skill do I need to start learning? Why? ● Am I happy? If not, why not? ● How can I get more done this week? ● Should I take some time off? ● Am I working hard enough? I’m sure you spend time thinking about these things, but I’d bet it’s done in chunks of 10 or 20 minutes here and there, not 1 or 2 hours of solid, sitinaquietplace thinking that happens week in, week out. Page 32 of 98 As I was preparing to launch my previous company, I scheduled 5 hours each week just to think. Yes, each week. During that time I was unavailable and literally unreachable to the outside world. I turned off my phone, closed my email, set my Mac to Do Not Disturb and put a note on my door “Do not disturb until 2pm”. During my thinking time I focus on not “doing” anything. I don’t try to make progress on anything tangible. I don’t mark off goals on a ToDo list. I just sit in silence and think about things that are important or top of mind. I learned about this “success habit” from a life coach I had back in 2011 and it’s a common strategy used by everyone from Beyonce to Bill Clinton, Roger Federer, Richard Branson and Tony Robbins. How much thinking time do you need each week and which day is the best for thinking? Those answers will vary based on how you work, but for me it was Monday morning from 8am until 11am and Friday afternoons from 4pm to 6pm. I simply created two recurring events in my calendar each week at those times with the label “Thinking Time”. Page 33 of 98 It’s such a simple way to do it, but if you stick with it, it will transform your life. Give it a try and you won’t be disappointed. Page 34 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 35 of 98 CHAPTER FIVE Inner Voice Page 36 of 98 Words have the power to inspire nations, build relationships, kill people, create companies and sell products. They also have the power to slow you down, or even worse — stop you from even trying to attain or achieve what you want in life. Part of success is learning to manage your own psychology. I’ve written about that before, but it’s easy to write about and a lot harder to do in real life, even if you’ve achieved some level of success in the past. Understanding the impact of words is critically important for anyone that wants to be better than average. The words you use define who you become, where you end up and the kind of contribution you make to the world. Even more important, though, is understanding the consequences of the words you say to yourself — you know, the words you keep thinking about over and over in your head. ● “I’m not good enough” ● “I don’t really deserve that” Page 37 of 98 ● “What if it makes my friends jealous” ● Etc… There are two words that can completely screw with your psychology and progress more than you can imagine. And they’re words you know and probably say to yourself at least a few times every day. When put together into a simple phrase, these two words can trigger feelings of fear, failure, insecurity and ultimately stop you from having what you want — even if it’s so close you can almost grab it. Those two words are: “What if” ● What if I try and fail? ● What if I can’t do it? ● What if things don’t go as planned? ● What if it’s not really what I wanted? ● What if my husband/wife/partner/kids/parents don’t approve? ● What if my husband/wife/partner leaves me? ● What if I make a fool of myself? ● What if I lose everything? Page 38 of 98 “What if” is the scariest question for anyone who wants to succeed at anything — whether it’s building a company, leaving a failing relationship, moving to another country, quitting a job or any of the thousands of other decisions we have to make across the course of our lives. The good news, though, is that if you can learn to be comfortable with the absolute worst outcome, then you start to move forward and at least try. What most people don’t tell you is that the chance of the worst outcome happening is so low, (in most cases) it’s not even worth thinking about. We’re talking about less than 5%. All we’re really talking about here is risk and opportunity cost. Remember — doing nothing is still making a decision. You just chose not to pursue your goal. To stop all of your “what ifs” from slowing you down, you can run each of them through 3 really simple filters. These filters will make you think hard and give you perspective on not just the risk involved, but also how you can mitigate that risk so it doesn’t stop you from proceeding. Let’s do a quick example — you’re weighing up whether to leave your high paying designer job at Page 39 of 98 Google/Facebook/Twitter/etc to launch your own design agency: Q1: What if I try and fail? ● I’ll have to find another job ● I’ll have to fire the people I hired ● I’ll have to tell investors I’ve lost their money ● I’ll have to tell my partner it didn’t work out Q2: What is the realistic chance that I’ll fail? 30% Q3: What can I do to reduce the chance of failure? ● I’ll have to find another job — take 6 months of unpaid leave to see if I can get my agency going and bring on my first 3 paying clients ● I’ll have to fire the people I hired — only hire contractors initially and do a lot of the handson work myself ● I’ll have to tell investors I’ve lost their money — keep things lean and use $50,000 of my savings to get started ● I’ll have to tell my partner it didn’t work out — explain the risk up front and say you’re going to spend 6 months giving it your best shot Page 40 of 98 The idea is simple — look at all of the reasons you might fail and come up with your best plant to mitigate the chance of each one actually happening. When you break down your “what ifs” in this way, you’ll start to form the foundation for a plan. A plan that can help you build a bridge from where you are now, to where you want to be. The next time you feel the “what ifs” creeping in and stopping you from making a decision that could permanently improve the quality of your life, just stop. Write down all of your “what if” questions, realistically assess your chance of failure (and conversely, success) and spell out each risk along with a plan to mitigate it. Then you have a plan. A plan that can unlock the key to your wildest dreams and take you from where you are now to where you want to be in the future. Sure, you might fail, but let me ask you this — what’s the absolute worst “what if” question you can ask yourself? “What if I tried [your goal here] and succeeded?” Page 41 of 98 Living with regret is 100x worse than living with feature of failure (or even real, “holyshititdidn’twork” failure), so whatever you want to do, at least give it a try. Don’t be the kind of person to look back on a boring life that you could’ve made amazing, had you just taken a little more (calculated) risk. Page 42 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 43 of 98 CHAPTER SIX Self Sabotage Page 44 of 98 Most people see a big goal and don’t even get started because it scares the sh*t out of them. Need to lose 60 pounds? Wow, that’s a lot. Want to build a $10M revenue company? That’s a whole lot of zeros. Whether it’s constructing a 100storey building, losing weight, building a company or fixing a relationship, most goals are hard. And the harder the goal, the bigger the reward. So how can you actually accomplish those really big, really hard goals you’ve been putting off for years? First, you need to ignore the actual goal and break it down into a series of smaller milestones instead. The idea here is that you can knock out a milestone pretty easily, therefore building momentum and progress towards completing the actual bigger goal over time. For example, if you want to build a company that generates $10M revenue per year, you don’t start by focusing on that goal. Instead, you break it down into a series of smaller milestones over time that feel more achievable: ● Year 1: $100K in revenue ● Year 2: $300K in revenue Page 45 of 98 ● Year 3: $700K in revenue ● Year 4: $1M in revenue ● Year 5: $2M in revenue ● Year 6: $3M in revenue ● Year 7: $4M in revenue ● Year 8: $6M in revenue ● Year 9: $8M in revenue ● Year 10: $10M in revenue You would then break year 1 down into a series of smaller milestones: ● Hire founding team ● Build MVP of product ● Find 20 beta customers ● Decide on pricing model ● Create logo + brand ● Etc… Suddenly building a company that generates $10M in revenue doesn’t seem as scary, because you’ve spread that goal out over 10 separate milestones. Instead of focusing on the big $10M number, you dedicate all of your focus for this year on hitting the $100K milestone, which is only 1% of 10M and psychologically easier to digest. Page 46 of 98 This is the exact process I used to launch 5 companies. I also used it to lose 30 pounds (and subsequently gain 40 pounds of muscle), conquer fear of flying, my fear of heights and my fear of public speaking. So it works. Really well. What about another example that most people struggle with? Losing weight. Let’s say you want to lose 60 pounds in 2016. “60 pounds” sounds like a lot of weight, but if you break it down into 12 milestones, it’s only 5 pounds a month. Better still, what about weekly milestones? 60 pounds equates to only 1.15 pounds per week, or a deficit of 500 calories per day. Easy! The key with large goals is to change your frame of reference and become shortterm focused, so you make regular, measurable progress often. The second key is to be deliberately short sighted in the context of that particular goal. Don’t look at your end goal ($10M revenue or losing 60 pounds) too often because it will stress you out. Instead, look at your next upcoming milestone every few days or every few weeks, depending on how spaced out your milestones are. Add it to Evernote, Wunderlist, Clear or whichever goals app you use. Seeing a milestone that says Page 47 of 98 “Lose 1.15 pounds this week” is a lot easier than seeing “Lose 60 pounds this year”. Large numbers play tricks with your brain and your progress. Wherever possible in life, always try to break large numbers down to a size you feel comfortable with. Whether it’s debt, revenue, weight or whatever. We aren’t wired very well to deal with large numbers, I’ve found. The final thing to remember when it comes to achieving large goals is to actually jump in and get started. That’s why breaking your goals into tiny milestones is important. As human beings, we’re wired to avoid disappointment. If your goals feel unachievable, you’ll start to selfsabotage. If a milestone feels within reach, you’re much more likely to get started and make at least some sort of measurable progress towards it. Time for a bit of proof. Read the questions below and notice how you feel about each of them: ● Can you lose 60 pounds this year? How? ● Can you lose 1.15 pounds this week? How? Or if you’re building a company, try these: Page 48 of 98 ● Can you build your company to $10M revenue? How? ● Can you build your company to $100K revenue this year? How? See what I mean? I bet it was easier to answer “how?” for the questions with smaller numbers. Same outcome, different approach. Don’t work against your brain. Embrace our limitations as humans and work with smaller, more manageable milestones and numbers. You’ll have a much better chance of achieving the goals that scare the sh*t out of you. Page 49 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 50 of 98 CHAPTER SEVEN Energy Cycles Page 51 of 98 We all feel ups and downs throughout the day, but like most people, you probably pay little attention to what you work on and when you do the work. For example, you might do your meetings in the first half of the day and then do your emails, etc at the end of the day — because that’s what everyone else does. Understanding your energy cycles and the impact they have on your mood and clarity of thought can actually help you be more productive and work fewer hours each day. But what are energy cycles and how can you measure them? Measuring your energy cycles Put simply, your energy cycles are the points throughout the day when you feel “up” (happy, positive, motivated) and when you feel “down” (unhappy, negative, less motivated). The best way to determine your energy cycles is to chart them for a few days, which is really easy to do. Here’s how: 1. Set a reminder in your calendar every hour (such as 9am, 10am, 11am…. 4pm, 5pm) to write down how you feel on a scale of 1 (down) to 10 (up) Page 52 of 98 2. Do this every day for 3 days 3. After 3 days, create a basic chart in Excel to show your trends over the last few days Here’s my energy chart from the last 3 days. Each color represents a single day of tracking my energy levels on a scale of 1–10: In the chart above you can clearly see that my energy levels are highest between 9am and 11am, as well as 4pm and 5pm. They are the lowest between 12pm and 3pm. Page 53 of 98 What you can then do is “map out” the times throughout the day when you’re “up” and when you’re “down”, as I’ve done below: The trick now is to schedule the right kinds of activities throughout the day. Scheduling activities based on your energy levels If you work in an office then you probably have two kinds of activities: Page 54 of 98 1. Those that involve people (meetings, phone calls, presentations) 2. Those that don’t (email, planning, writing) The good news is that it’s really easy to schedule activities to maximize your energy cycles. Quite simply, you schedule the “people tasks” when you’re “up” and the “nonpeople tasks” when you’re “down”. The logic behind this is simple — when you’re “up” you’ll be in a better mood, will feel like talking and the energy will be apparent in everything you do. Those are the times when you want people to see you and be around you. On the other hand, when you’re “down” your mood takes a hit. You feel less motivated and as a result should try to avoid “people tasks”. When you’re “down” it’s best to focus on tasks that involve just you. These are typically responding to emails, planning your day and doing any writing that needs to be done, such as putting together presentations. Boosting your “up” time What if you track your energy cycles for a few days and your results show that you have a lot of “down” time? How can you improve your results so you have more “up” time and therefore improve your mood and motivation? Page 55 of 98 The best trick is to exercise at a time just before your energy levels start to drop. Referring back to my chart, the ideal time for me to exercise is either 10:30am or 5:30pm: Exercise releases a chemical in the brain called dopamine — it’s commonly called “the pleasure hormone”. That dopamine will not only curb any further drop in your energy levels, but it will shoot them right back up to where they need to be (a 7 or more) for you to get back to being “up”. Page 56 of 98 What kind of exercise should you do and how long should you exercise for? The answer depends on when you work out and where. Generally at least 30 minutes of moderately intense exercise (walking, riding a bike, lifting weights) will do the trick and get enough dopamine released to get you back on track. Restructuring your calendar The final step to bring everything together and take advantage of your energy levels is to look at how your days are laid out in your calendar. In a perfect world you’d move your “people tasks” to the times of the day when you’re “up” and your “nonpeople tasks” to the times when you’re “down”, but that’s not always possible. If you work for someone else, then move as many of the recurring events around as you can. If you have regular big meetings scheduled right in the middle of some “down” time, then ask your boss or the other attendees if you can move them a few hours back or forward. It can’t hurt to ask, right? Page 57 of 98 Once you’ve restructured your calendar it’s time to think about applying the principles of energy levels to the other areas of your life outside of work. What about time outside of work? Now that you’ve optimized your calendar to take advantage of your energy cycles at work, why not do the same at home? The best way to start is to track your energy cycles beyond work hours, from when you wake up until when you go to sleep for 3 days. As you did at work, determine when you’re “up” and when you’re “down” and try to do the “people tasks” (sounds a little harsh, but this would be the time you spend with your family, friends, etc) when your energy levels are high and the “nonpeople tasks” (cooking, gardening, reading, etc) when your energy levels and mood are low. Reassess every 90 days Finally, reassess your energy cycles every 90 days or so. Depending on your job, home situation, etc, they can and will change. Just repeat the same 3day tracking process explained above and if you see they’ve changed you’ll need to adjust your calendar to reflect the new “up” and “down” periods throughout the day. Page 58 of 98 Page 59 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 60 of 98 CHAPTER EIGHT Wellness Page 61 of 98 There’s a huge connection between physical wellness and mental clarity. When you’re in shape you have more energy. You can get more done. You think better, sleep better and just make better decisions, period. Your productivity will skyrocket, too. When it comes to physical wellness, as the statistics show, most people will fail. And they’ll fail for two primary reasons: 1. The system is designed around failure 2. They’ll focus on the wrong things The weight loss industry is worth an absolute boatload of money and it’s in their best interest to keep you overweight. Otherwise you’ll stop buying their gimmicks, pills and powders. They peddle overnight solutions to weight loss, when deep down we all know they don’t work. But we keep buying them because the promise of being in shape is a powerful motivator. Success starts with your own selfperception. And if you don’t like yourself, that will negatively affect everything you do, making even a moderate level of success much more elusive. Page 62 of 98 So why would you listen to an entrepreneur about losing weight? Well, weight loss isn’t about the mechanics as much as it is the mindset. And being an entrepreneur means you need to be pretty good at dealing with tough situations, building yourself up and believing when no one else does. Plus, I was overweight until 2008. I was working long hours building my third company and I lived on Red Bull, pizza and McDonalds. But one day I snapped (figuratively, not literally) and decided to do something about my physical condition, by focusing on my mindset first and body second. Over the following 18 months (September 2008 — March 2010) I completely transformed myself physically. I lost 31 pounds and then put on 37 pounds of muscle using lots of trialanderror, Youtube videos and advice from sites like BodyBuilding.com. The transformation improved my effectiveness as an entrepreneur by at least 10x. I was sharper on my feet, made better decisions, could do more in less time and started to bounce off the walls with unlimited energy. Not only did I experience a transformation, so did my business. Sure it was still a lot of work to grow the business, but it didn’t feel as hard as it did when I was carrying the Page 63 of 98 weight. I had better clarity of thought and my stress levels were kept down by the hormone regulation that resulted from regular exercise. Truth be told, it wasn’t all that difficult to lose weight once I figured out what it was really about, which is 80% mental, 20% physical. I break it down into 5 key areas of focus. They are: 1. Why? 2. Foundation 3. Routine 4. Food 5. Mental Toughness Let’s look at each key area of focus in more detail. Why? Before you do anything, you need to figure out why you want to lose weight (or put on muscle). You need a compelling “why”. This is the psychological part of weight loss you’ll never hear about in an infomercial, but it’s the driving force behind the stunning physical transformations you see on shows like The Biggest Loser. Without your “why”, you’ll yoyo diet and put all of the weight back on within a few months. Guaranteed. Page 64 of 98 Your “why” is something that should make you cry if you can’t have it some time in the future. It should be EMOTIONAL. It should be something you feel. It needs to be bigger than “Look good at the beach”. The thought of not having it should steer you away from temptation (because you will slip up, many, many times) and shock you into action when you feel lazy. It should also be measurable and time bound. So what’s a good “why”? Here are a few you might want to use: ● Get back to my college weight of [weight] so I can FEEL strong, confident and fit again by December 31st 2016 ● Be a ROLE MODEL for my kids and make them PROUD of me by losing 45 pounds in 2016 and keeping it off for life ● Lose 45 pounds by December 31st 2016, so I can TEACH others how to do what I’ve done ● ENJOY watching my kids grow up and have enough ENERGY to chase them around the house by losing 45 pounds in 2016 ● Get in shape by losing 45 pounds to FINISH the 2016 New York marathon ● COMPETE in an allnatural body building contest in 2017 with body fat of < 7% Page 65 of 98 Before I got started losing weight back in 2008, I found a photo of me from 4 years earlier. I was about 30 pounds lighter and was in good shape. So my “why” revolved around that photo — “Lose 30 pounds and then gain 20 pounds of muscle by the end of 2010 so I look BETTER, have EVEN MORE ENERGY and FEEL AS GOOD as I did in that photo”. I kept that photo in my wallet and looked at it every day for motivation. And it worked. Really well. Foundation It’s a lot easier to lose fat first and then gain muscle. Yes you can do both at the same time, but it’s hard. You want to give yourself the best chance of success, so focus first on losing the fat and then building the muscle. I like to call it your foundation — if you build a great (low body fat) foundation, it’s easier to stack muscle (lean or bulk) on top of it down the track. If you’re overweight right now, you’ll have quite a bit of subcontinous fat covering your muscles anyway, so why not get rid of it first? In my experience, the best way to lose fat is not to do cardio. Slow cardio (walks, treadmill, bike, etc) burns up fat but also muscle. Cardio is great for your heart, especially HIIT, but isn’t necessary to lose fat. Page 66 of 98 There’s a bunch of research online about cardio vs lifting weights for losing fat, but I prefer to use diet and weight training (moderate weight, high rep — if you’re female, you won’t put on bulk) to lose fat. Control your calories via food (a 500 calorie deficit per day based on your BMR) and keep your metabolism burning using weights. When you think about where most people come undone, it’s normally not in the gym. It’s relatively easy to workout 3–4 times per week for most people. It’s the food temptation that’s the hardest. I’ll talk more about that below. To build your foundation, you first want to get your BMI (Body Mass Index) into the normal range, at around 20. You can calculate yours here. Once you’ve done that, you’ve got a foundation on which you can start to build some good, lean muscle quite quickly. Routine Treat your workouts like business meetings or appointments. Schedule them in your calendar as recurring events every week. You’d never miss a meeting with your boss or a date night with your partner. Treat your workouts with the same level of urgency and respect. Page 67 of 98 Try to space your workouts over the week and keep at least 1 day between them. Try to combine one push and one pull muscle group in each workout session, such as: ● Chest and back ● Shoulders and arms ● Legs If you’ve never lifted weights before, please please please please please find someone who has, so they can build a good program for you and show you proper technique. Don’t just turn up at the gym and jump on the machines — you’ll make zero progress and give up. Find a friend and ask them to come to the gym with you for a few weeks. Better yet (and if you can afford it) hire a personal trainer. They’ll not only show you what to do and how, but they’ll hold you accountable too. As a final option, find a program on BodyBuilding.com and watch the instructional videos on your phone at the gym before you start an exercise. Always focus on form first and weight second. If you lift heavy because everyone else is, you’ll injure yourself and you’ll be out of the game. Page 68 of 98 To build your foundation, you want to focus on keeping your metabolism high when you’re NOT in the gym, which means moderate weight for 10–15 reps over 4 sets per exercise. Bonus points if you add supersets or pyramiding. I added super sets to my routine 2 years ago and I’d estimate it increased my progress by at least 30%. Before you workout, have some sort of preworkout snack. Coffee is a popular preworkout, but I like a banana and a few scoops of Optimum Nutrition’s preworkout powder. You need energy stores to lift weights and sugar (such as fructose from fruit) converts into useable energy fast. Don’t eat a huge meal before going to the gym. When you’ve finished your workout, make sure you eat protein and fastdigesting carbs within an hour. I like to have a protein shake and some fruit, like 2 bananas or a tin of pineapple slices. After a workout your body goes into a catabolic state where it starts to break down muscle for fuel, so having a highcarb meal prevents that and keeps you in an anabolic state (muscle building) as your body starts to repair the (good) damage you made to your muscles (micro tears) during your workout. Page 69 of 98 Once you’ve built your foundation (lost excess fat) and want to put on some muscle, you can lower your reps (from 10 to 6–8) and increase your weight. When you want to continually gain muscle over time, I’ve found it helps to do 1 of the 3 things during every workout for at least one exercise: ● Lift heavier weight (without sacrificing form) ● Reduce rest time between reps ● Reduce rest time between sets Food First, if you’re focused on losing fat, aim for a deficit of around 500 calories per day or 3,500 per week. There are 3,500 calories in one pound of fat, meaning you’ll lose (at least) 1 pound of weight per week — probably more initially as you lose water weight and flush out other waste. You need to know your BMR (Basal Metabolic Rate) as a starting point, which is how many calories you need to consume each day based on your current activity levels. You can calculate that here. Once you know your BMR, subtract 500 calories. That’s your daily calorie target. Page 70 of 98 Download MyFitnessPal and track EVERYTHING YOU EAT OR DRINK. The psychological impact of tracking goes a long way to keep you on track. If you screw up at one meal, you can make it up at the next meal by eating fewer calories, etc. Protein is extremely important because it’s the building block for creating new muscle. Generally you want to take in 1 gram of protein per pound of body weight, per day. If you weigh 200 pounds, you consume 200 grams of protein per day — typically 23 protein shakes and 3 meals per day. To keep sane and stop your metabolism from slowing down, you should also have one day per week where you eat whatever you want. This is called an “off day”. If you’ve been craving chocolate, fries, etc, you eat them on your off day. Keep in mind, however, that you shouldn’t eat 20,000 calories during your off day. Eat what you want, but don’t over do it. If you feel like eating crap during the week and the craving is really, really bad, keep an “Off Day List” which contains all of the foods you’re craving. The simple act of writing down the food you crave and knowing you’re only 1/2/4 days from being able to eat it will help. Page 71 of 98 When you have a craving for a food you only eat on your off days, go back and read your “why” statement. Read it 20 times. Then go on Youtube and watch a few “before and after” weight loss (or muscle gain) transformation stories. That should be enough to curb your cravings 95% of the time. You’ll also want to regularly check your pH levels using pee sticks. You can buy them from any drug store. New research is showing a strong relationship between the acidity in your body and the amount of fat you hold on to, regardless of how much exercise you do and what you eat. If your pH level is low (5.5 or less on a scale of 0–10), your body is highly acidic and will hold on to fat to protect organs from damage. The lower your pH level, the higher your chance of cell damage and mutation which can lead to cancer if enough acid forms in your system over time. If your pH level is neutral or slightly higher (6.5 to 8), your body is more alkaline, contains less acid and therefore your body won’t hold onto fat, as there’s no damage to protect your organs from. What’s the easiest way to get your pH level up so you’re more alkaline than acidic? Drink at least one (ideally two) Page 72 of 98 fresh green juices every day. Buy a Nutribullet and throw in a handful of spinach, a handful of kale, half a cucumber, an Apple, a squeeze of fresh lemon juice and a cup of water. Blend it up and drink it. Simple. Mental Toughness What causes 99% of people to stay overweight? It’s a lack of mental toughness. When it comes to losing weight, gaining muscle and generally staying healthy, it’s all about habit and routine. You need to get very, very good at doing the same thing over and over and over and over again. That’s the secret to success at anything. Here are some tips that have helped me stay on track over the years. If you don’t feel like working out: ● Build a gym at your house or put a gym in your office (my gym is 5 feet behind me as I type this from my office. When I need a break I spin my chair around and hit the weights). ● Don’t think about the actual workout — just get in your car and start driving to the gym. When you get there, read your “why” statement on your phone and put on some music to get you in the mood. Page 73 of 98 ● Take your shirt off and look at yourself in the mirror. Visualize the body you want and then get in the car and go straight to the gym. ● Change your workout. You should change it every 6–8 weeks anyway. Mix it up if you get bored. Swap exercises, switch between free weights and barbells, machines and body weight exercises, etc. ● Ask your partner for a reward that will be waiting for you as soon as you get back from the gym. You know what I mean. If you don’t feel like eating well: ● Eat what you crave, but log the calories in MyFitnessPal and make sure you keep under your calorie count for the day. If it’s chocolate, eat a few squares, not an entire bar. Get just enough to satisfy you then stop. ● Go out and eat at a restaurant. Mexican food in particular (beans, rice, chicken and vegetables) has a great macronutrient profile (high protein, moderate carbs) if you avoid the cheese and fried items. ● Eat something high in protein first, like a protein shake or tuna. Protein fills you up and will curb your appetite. You might still eat the bad stuff but you’ll eat less of it. Page 74 of 98 ● If all else fails, just give in. Have an “off meal” and on your “off day”, just have 2 bad meals instead of 3. As long as you’re making progress every day, don’t beat yourself up for falling off the wagon every now and then. It happens to everyone. ● Finally, realize that if you eat poorly now, the “good food” like chicken, tuna, rice, sweet potato, spinach, kale, quinoa, chia, etc will taste horrible because your body is used to (and craves) the taste of salt, fat and all the other processed crap. Over a few weeks your taste buds will adapt and you will start to crave the good food. Sounds crazy but it’s completely true. Transforming your body will transform every other area of your life too. Your mood will improve, you’ll have more energy and as a result you’ll demand more from life. You’ll stop settling and will have a new selfconfidence which will make you a better partner, friend, parent, boss, etc. Do the work and be a role model for everyone around you. Find your “why”, create a workout program and make it part of your routine. Eat well 80% of the time and don’t be too hard on yourself when you mess up. After a few weeks you’ll see progress. After a few months you’ll wonder how you lived without the gym and your newfound energy. You’ll need new clothes and you’ll start to Page 75 of 98 receive compliments from people you haven’t seen in a while. Those positive feelings will push you to work even harder, leading to more positive feelings and more progress. I know these statements seem a bit pieinthesky now, but give it a few months. Stick with it. You’ll see what I mean. Page 76 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 77 of 98 CHAPTER NINE Stress Page 78 of 98 Doing anything important over time has a lot to do with your habits, the team around you, etc. It has more to do, however, with what you tell yourself every day during those “internal conversations” that play out in your head. Psychology is the most underappreciated, yet most important part of success and productivity. It rarely gets any attention because it’s not “sexy”. But man is it important. Everyone talks about greatness being akin to rollercoaster rides. There are high highs and low lows. The highs are easy to deal with — you celebrate, share the victories with your friends and partner and maybe even down a few beers that night. What’s harder to deal with are the (seemingly constant) lows — when things don’t work out as you expect them to. The only way through all the shit is to make sure you talk to yourself every day — but in the right way. Not out loud, of course, but in your head. Page 79 of 98 There are also certain ways you can look at problems to quickly figure out if they’re potential “killers” or if they’re just bumps along the way. You always need to find constant inspiration and rationale to move forward. That’s what I’m hoping to give you in this chapter. Here are some “no bullshit” ways to manage your psychology. Everything here comes from my direct experience over the last decade. 1. Use best/worst/probable analysis when weighing decisions Most things we fear never materialize, but we spend so much time stressing over the “what ifs”. An alternate approach is to look at decisions and problems rationally by creating a best/worst/probable case analysis. It’s easy to do — create a spreadsheet with the following columns: ● Outcome ● Chance (%) ● Stop Page 80 of 98 ● Start ● Keep Doing … then fill in the spreadsheet with 3 outcomes: 1. Best outcome 2. Worst outcome 3. Probable outcome Chance (%) is the chance of that outcome happening. It’s a percentage from 1 to 100. In the “stop” column, list the things you’d stop doing if that outcome came to fruition. In the “start” column, list things you’d start doing if that outcome came to fruition. In the “Keep Doing” column, list things you’d keep doing if that outcome came to fruition. Pretty simple stuff, but writing down each possible outcome and looking at things objectively and rationally can help get the negative, fearful thoughts out of your head extremely quickly, especially when you realize the chance of the worst outcome actually happening is probably tiny. 2. Focus like crazy to make meaningful progress Progress beats the crap out of fear. Every. Single. Time. Page 81 of 98 If you feel like shit, commit to spending the next 24 or 48 hours working your ass off to make meaningful progress on something that’s important to you — and it does NOT have to be about your business or work. You could run 10 miles each day, spend more time with your partner, design a new product or write a 10,000 word blog post. Writing works best for me (check out my essays on Medium). Whatever it is, make sure the effort is rewarded with a legitimate feeling of progress in some area of your professional or personal life. Feeling like things aren’t moving as quickly as they should be is the productive person’s curse. You always want things to move faster and it’s easy to get frustrated when they don’t. 3. Know when to step away Some days you’ll just feel down. It happens to everyone. On those days, don’t go into the office. Cancel your meetings. Spend time alone and do whatever takes your mind off things. Read, write, exercise, play video games. It doesn’t matter. One big key to maturing as someone who is obsessed with success is to know when you’re just not up to working as you Page 82 of 98 normally would. It might be one day every month or one day every year. But tune in to your thoughts and feelings and don’t fight them. When you’re forcing yourself to work, it’s time to do the opposite. 4. Talk to someone and get advice As a gogetter it’s normal to think you’re the only person who doesn’t know how to solve a problem. But most problems have already been solved by someone else. Instead of beating yourself up for not knowing the answer, talk to someone — ideally a mentor or coach, but if you don’t have one, post on Quora or Clarity.fm. Don’t ever be embarrassed to share your problems and ask for help. The top 1% of all people are the most vulnerable and the most opening to learning and listening to others. 5. Ignore your competition Run a business? Then this tip is for you. Has your closest competitor just raised $100M. Or gone public? Or won a big customer. Or hired a smart executive? Who cares? Spending too much time thinking about your competitors will run you into the ground. Instead, dial up the time you Page 83 of 98 spend with your customers. If you’re not spending any time with them, now’s a great time to start. Just email a few and ask them to catch up for a chat. Ask about their business, how they use your product and what you can do to make it better.The main thing you’ll get out of this is real, authentic feedback from paying customers who LOVE what you do. And that positivity will rub off on you and how you feel. Trust me. 6. Watch Tony Robbins videos on Youtube He’s the master of human psychology, plain and simple. Just go to Youtube, search for “Tony Robbins” and choose a few videos. After an hour you’ll feel like a different person and will get more clarity and a better perspective on what’s important and your current situation. 7. Compare your life today versus 5 years ago Another easy one. Write down 5–10 things you have today that you didn’t have 5 years ago. This will bring about feelings of gratitude, which will help release dopamine — the “happy chemical” in your brain. When you write this list, don’t list “stuff”. Write down things about your business/job, your family (wife/husband, kids), Page 84 of 98 places you wanted to visit that you’ve been to, people you’ve helped, books and people that have changed your life, etc. 8. Realize it takes 7–10 years to make anything truly great If you’re a few years in, you’re just getting started. 98% of successful people took at LEAST 7–10 years to make their first mark on the world. Building anything great is a marathon not a sprint. Step back and put this into perspective whenever short term problems are clouding your longterm view. 9. Go to your vice regularly What’s the one thing you do that excites the hell out of you? It should take 100% of your focus and make you feel amazing when you’re done. It could be exercise, sex, drawing, painting, public speaking, helping someone, volunteering, video games or cooking. Whatever it is, do it regularly to top up your dopamine levels. If you don’t have a (healthy, safe) vice, spend some time to find one. Try a lot of new things and keep the ones that make you come alive. What’s the worst thing that can happen? Page 85 of 98 Suppose you fail. What’s really the worst thing that can happen? You have to start again? So what. Your lifestyle takes a bit of a hit? So what. Your pride gets crushed? So what. You have to tell investors you’ve lost their money, if your company fails? That’s hard to do, but they’ve baked your small chance of success into their models. The odds of everything falling apart are so small that most times it’s not even worth considering — and that’s from someone who has been so close to the wheels falling off dozens of times in the last decade. You might come close, but the wheels rarely, if ever, fall off. The next time you feel down/upset/angry/frustrated/like shit, step back, be aware of how you feel and do whatever it takes to manage your own psychology — because in the end that’s really all that matters. Page 86 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 87 of 98 CHAPTER TEN Subconscious Mind Page 88 of 98 When we launched Bigcommerce in September 2009, we had no idea how the company would do. We wanted it to do well, but sometimes you can have the right product at the wrong time and you’re toast. I remember very clearly the day we “launched” — which, back then, meant getting the web site live and crossing our fingers that our payment gateway wouldn’t choke when someone tried to sign up. We were in our third office by that time, in Sydney, Australia. Eddie and I had locked ourselves in the meeting room (we only had one back then) for 2 weeks straight, 7 days a week doing whatever we could to make sure we would launch on time. During those 2 weeks we created our affiliate program, integrated the affiliate software with our web site, designed our (terrible!) first logo, built the web site, wrote the web site copy, created all of the web site’s visual assets with Photoshop and put together a rough marketing plan. When we finished our 2 week blitz and went live, I was sitting in my office one morning and had a feeling in my gut that Bigcommerce was going to be big. Really big. But it felt like Page 89 of 98 we were so far from where I thought we could be — and I knew it would take years of hard work to get there. At the time (October 2011, a few weeks after launch) we had about 400 customers. When I thought about my BHAG (Big, Hairy, Audacious Goal), I decided it would be 10,000 paying customers. To me, that would be nirvana. A quick backofthenapkin scribble worked out that would be about $3.6M in ARR (Annual Recurring Revenue). Subtracting our costs of about $2M (there were only 12 of us at the time), that’d be a great, profitable business. (This was before we’d raised any of our $125M, mind you) Getting to 10,000 customers seemed a long way off when we only had 400 at the time. To help get me in the right mindset every day when I walked into my office, I decided to implement a simple visualization strategy that I’ve used before both in business (to build and sell previous companies) and also personally (to lose 31 pounds in 2008 and then gain 37 pounds of muscle in 2010). I fired up Photoshop and printed off this page after about 10 minutes: Page 90 of 98 Our goal was 10,000 paying customers, so I decided to 2x that to 20,000 to push myself even harder. You know what they say — reach for the moon and you’ll land on the stars. Well 10,000 customers was my “star”. Every morning when I walked into my office and every night when I left, this completely fake, made up headline was staring me in the face. I couldn’t avoid it and I’d read it at least 20 times a day. Page 91 of 98 So why did I make up a TechCrunch headline and post it on my wall? Was I crazy or was there a reason? Let me talk a bit about the power of visualization and how it can help us as entrepreneurs. It All Starts In Your Head I’ve always been a big believer in visualizing the things you want. Not chanting with incense and jumping up and down or anything like that, but legitimately spending time every week planning and just thinking about where you want to go and what it feels like to be there. Present tense is really important when you visualize, primarily because your brain can’t tell if what you’re thinking about is the truth or not, so your subconscious mind goes to work trying to align the resources you have to make your vision your reality. If this is the first time you’ve heard about visualization, you might want to reread the last paragraph until it sinks in. Visualization is one of the most underrated skills of being an entrepreneur. I knew that in order to grow Bigcommerce, we needed to think big. Much, much bigger than what the company was at Page 92 of 98 the time (12 people, completely bootstrapped up until that point). Uncomfortably big. So big that it made me feel queasy and nervous. At that particular point in time, October 2011, it was 20,000 paying customers. That was the number that made me uncomfortable, so that’s what I decided to 1) visualize and think about every morning and 2) plaster on my office door so I was forced to think about it, even when I had other stuff to do. Seeing that number every day made me start to expand my context and the belief I had in not just us as founders, but our product, our vision and our team. Instead of making decisions in today’s context, I would make them in the context of having 20,000 customers. A small but important detail. ● I started to read more about building highperformance organizations and wondered if we could hire leaders from companies I admired, like Google and Salesforce. ● I wondered if we could one day power billions of dollars in online orders, instead of a few million dollars (which is what we were doing at the time). ● I thought about what our business might need to look like with 20,000 business owners all depending on us Page 93 of 98 for their livelihood — not to mention the hundreds of employees we’d have by then. ● How could my decisions today make sure we’d never miss a pay run when the company was 50x bigger? Training myself to think bigger was one of the best things I ever did, because it put current tactical problems into context when compared to the strategic decisions we needed to make to grow the company to 20,000 paying customers and beyond. Never underestimate the control you have over what you feed your subconscious mind. Feed it good stuff and you’ll get good stuff. Feel it bad stuff like negative thoughts, fear and selfdoubt and those things will eventually manifest in your life (rubbish in, rubbish out). I know this all sounds like “airy fairy” hippy stuff, but visualization and what you say to yourself when no one is around has a huge impact on where you end up 2, 5 or 10 years from now. Did Visualization Work? So that’s my story. That’s why I made up a TechCrunch headline. That’s why I stuck it on my office door. And that’s why I forced myself to look at it dozens of times every day. Page 94 of 98 Did it work? Most definitely. Today Bigcommerce has well over 100,000 paying customers, 500 employees and tens of millions of dollars in annual revenue, but back in October 2011, 20,000 sure did seem like a big number. While I’m no longer operational at the company I cofounded, I really believe that without visualization and thinking big in the early days, the company would be a fraction of the size it is today. Page 95 of 98 Want To Grow Your Business Faster? If so, come along to my new webinar this week. It’s called "The 9 Specific Things We Did To Build A $100M Business In 3 Years". I’ll walk you through the critical things we focused on to grow one of my companies to a $100M valuation quickly. I’ll show you what we did, but also what we avoided when it comes to hiring, raising capital, building products and scaling our customer acquisition. Click here to learn more and register Page 96 of 98 About The Author Mitchell Harper has launched 5 companies, generating over $200M in sales and raising $155M in venture capital. He has been featured in the New York Times, Wall Street Journal, Entrepreneur, Inc, FastCompany, Mashable and TechCrunch. He is a voracious learner and has always had an obsession with productivity, high performance and what makes people great. He is also an advisor, investor and coach to individuals and businesses with a focus on growth, performance, culture, psychology and leadership. Follow me on Facebook Page 97 of 98
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