Things I Have Learned About Business & Life
The number of books written just about business philosophy and best practices could fill a large library, so to think that my humble list is the end-all of business advice would be a little silly. However, there are a few things that I have learned and tried to keep in mind as I advance through the business world. Not too surprisingly, they do a pretty nice job of getting me through life as well. Feel free to add to the list in the comments.
- It's not what you know, it's who you know- This has proved true time and time again. A lot of people don't like to acknowledge the truth in this statement, or they want to put it into the category of "that's not fair!". Fair or not, it's true. All other things equal, if you are better connected than the person you are competing against for a job or consulting position, you will usually get it. Of course there are some obvious exception, like when your job is very skill specific (brain surgeons, microbiologists), but it probably stands true in those fields as well, if you are better at networking than the other person, you'll probably get the job. If you can learn a lesson out of this first category it is this: don't burn bridges. Pretty soon you will have nothing else to burn, and you will always be losing out to the person that is connected.l
- It's all about timing- I have learned this by doing it very well and very poorly. Let's say you are going to pitch an idea to somebody and you need them to approve it. The idea could be a proposal for a job or you could be pitching yourself...a job interview. It's all about timing. Try to avoid talking to people when they are tired, hungry or busy. My favorite time to approach people? Tuesday or Wednesday between 10am and 2pm. Yes, I'm serious. That's when I have my highest success rate, probably because their mind isn't on either weekend (the one they just came from or the one they are about to go to), and generally they have accomplished what they need to do for the week in terms of catch up. Salespeople, let me give you some free advice: don't pitch your products or services to me anytime after noon on Friday. You have a 0% chance of success.
- Live within the integrity of your conscience - I referred to this line when I resigned from my last job. Simply put, you must be you, and you need to be guided by the moral boundaries that are within you. Don't compromise. Don't allow your character to be bent, even a little. If you start to toe the line of compromise, eventually you will step over it, and then you will no longer be the person that you should be. You won't be able to sleep, you will look in the mirror with disgust. Make your decisions with the highest integrity possible.
- It takes 10 cans of peas to sell a can of green beans-It took me about two years to figure this out after a crusty old grocery store owner shared this gem with me. He was talking in a very literal sense, and that is he discovered over time that when his shelves are full and stocked, people will buy more. If your store looks understocked and disheveled people won't buy as much. At the time I owned a cigar company and we were to keep his humidor stocked with fresh cigars all the time. When the supply got low he got upset; he wanted a fully stocked, fully faced humidor at all times. He was right about this sales concept, and I have carried this through every business that I have been a part of, even if we didn't have physical objects to sell. Make sure your service portfolio is stocked. Make sure your website is stocked. Make sure your house is in order.
- Never wrestle with a pig, you'll both get dirty but the pig will like it- I heard this many years ago, but it's come up again recently. The idea is pretty clear: don't engage with slime balls. I have worked with plenty of people that are all about themselves...they are more than happy to smear other people with words, with sabotage, with underhanded means. These are the worst kind of people to be around. When you come across these people, stay away. It's not always easy, sometimes you have to work closely with them, but be cautious. It's okay to defend yourself, but don't get caught up in office politics or name calling. These sorts of people live for this sort of thing, and they are good at getting you to take your eye off the ball. Don't engage...they will be doing what they love the most, and you're going to come out looking bad.
There you go...15 years of business experience wrapped into one little blog post. Have you employed any of these philosophies in some form? Are there things that are glaringly absent from the list? Let us know!



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