He sat across from me in my office, crying.
He had invested $400,000 into his new venture, and it wasn’t working. By the time he came to me to ask for advice, the only thing left to do was stop the bleeding and get out. What made this situation so much more painful was the fact that if this person had sought advice from someone sooner, he may have been able to turn the situation around, or at least cut his losses.
“How do you define growth?”
This is a question I posted recently on LinkedIn—and one I ask often when I’m speaking to audiences of businesspeople. And it always amazes me to see the diverse range of answers I get.
It’s 6:15. Your alarm clock goes off. But you have zero desire to hit snooze.
You are ready to tackle the day. Energized to unlock its opportunity and potential. When you sit down at your desk, you feel confident and hopeful. Unstoppable.
There’s a name for this experience. It’s called Momentum. Like rolling a boulder down a hill, beginnings are tough and slow, but once you start going down that slope, you can go faster and faster, progress becomes easier and easier, and it’s nearly impossible to stop.
How do you define success?
Some measure it in wealth. Some in intellectual accomplishment, in family size, in quality of friendships, or countries traveled.
But the truth, of course, is that there is no one right answer to this question. Because success is what makes you feel accomplished, what makes you feel whole.
Have you ever been on the verge of giving up? Have you ever hit a wall, looked in the mirror and thought, “I just can’t do this”? Have you ever experienced the pain of self-doubt, of believing with every fiber of your being that you simply don’t have what it takes to succeed?
It is a dark place to be. There is no doubt about that. And it’s in these moments where we can be our own worst enemy—where we can lose the will to keep going. And that would be a big mistake.
A friend of mine, the owner of a small business, recently told me that an opportunity came his way that he was very excited about. The only problem? He had a feeling that the potential client thought that his company was larger than it actually was. Should he accept the offer anyway? Should he explain that he’s actually a small company, and possibly risk them backing out?
For this edition of People of Ptex, I sat down with lifecycle marketing maven Nathan Weill to talk about the journey that led him to discover the power of automation, what he loves most about his work at Ptex, and the creative hobbies that keep him busy when he’s not at work.
I have a question for you. Be sure to answer honestly.
Do you ever struggle with procrastination?
If you answered yes, then welcome to the club. And if you answered no, then, well, you may want to double check that you’re human. Because the truth is, we’re all guilty of it. We all don’t get the things done that we want to get done as quickly as we want to get them done.
A few years ago, investors and analysts had put brick-and-mortar companies like RadioShack and Best Buy on a death watch. There seemed to be no way they could compete against the giant Amazon—with its famously low prices, virtually limitless selection, and two-day delivery options—and come out alive.
Living up to expectations, RadioShack filed bankruptcy in 2015—and again in 2017, after a futile attempt at reviving itself.
Meanwhile, Best Buy managed to pull off one of the strongest corporate comebacks in recent history.
The question on everyone’s mind is, Why?
I spent this past week in Arizona – and it wasn’t for vacation or relaxation purposes. Rather, it was to take part in a special mastermind group.
People flew in from across the USA to attend. The group seemed to be made of entrepreneurs of all ages… and in similar growth stages of business. We sat together in a big room and got right to work. Everybody spent hours learning, analyzing, discussing and strategizing how to go about advancing their business goals and career objectives.
Perhaps you think that leaving the office for nearly an entire week might be a little bit too intense. “Was the whole trip really necessary?” you may be asking yourself. To say it was productive would be an understatement. Truthfully, it baffles me as to why every single businessperson in today’s marketplace doesn’t spend just one week out of a whole a year attending a mastermind group to focus on planning ahead.
Of course, when I talk about planning ahead, I don’t only mean technical things like crunching numbers or crafting contingency plans.
I’m talking about thinking big.