Posts Tagged ‘Future’

There was a time when I was in college that I had a part time job tutoring math at the community college. I tutored everything from basic mathematics skills to calculus although calculus wasn’t my strongest subject to tutor. I have always been good at math since I was young, but it wasn’t until I got to college and met the most incredible professor I have ever known. His name was Omar, and he just had this special ability to make mathematics crystal clear. During my tutoring sessions, specifically the students who came to me seeking aide in the developmental math classes had this aversion to math. I can’t say that I didn’t understand. Even though for me, growing up, math was my best subject, in my entire life math was only presented fun a few times…for arguments sake, let’s say I could probably count the times it was presented fun on one hand… math was taught to us nearly every day we attended school all through grade school and then sometimes there was patterns to curriculum in middle school and high school, so you may not see it every day…but ultimately that is a lot of math that is rarely approached from any angle other than technical. I am aware that math is very technical and knowing how it functions is important. I am also aware that there are effective ways to approach as I have seen them in action.

Omar was an exceptional professor on so many levels. He put the students at ease when going through the developmental courses by letting them know he struggled all through high school but went on to get his Masters in Mathematics. “If I can do that, you can get through this course,” he said. He always had these fun stories of how formulas were created…when, where, why…under what circumstances was the mathematician when he discovered something new. It was really great because he made math more interactive and allowed a little history to be involved which made the material more relatable than just memorizing formulas…which to be honest is a truthful thing sometimes. Sometimes, you must just memorize, and it will piece together later.

I utilized many stories and tricks for memorization that Omar taught me in my tutoring as well as my own personal life. Even when you are killed at math implementing formulas can be tricky sometime and you forget little things; we all do.

I recall one day at the end of a College Algebra class, a student who was notorious for questioning everything and always took opportunities to express how this was all a waste of his precious time, decided to ask Omar, when will we ever use this… Omar, knowing who this student was and knew he would quickly shoot down any logical answer provide, simply stated, “the state of Texas requires this course for your particular degree; if you wish to get your degree, you will use this to pass this class.” ‘Nuff said.

Some people are so determined that they do not need math, or they are convinced of their lack of ability in this area, that they are closed off to the idea that they can indeed do math. It is a little-known fact and frequently argued concept that math is involved in all things we do. I live in Austin, Tx which is a very musical city to all of you who are unfamiliar… I know many musicians, several of which believe they are no good at math although they write music. I have had many discussions expressing that if they are writing music, they are using math even if they do not realize it.

The key for many of you out there building your business are growing as an entrepreneur is that math is so critically vital to a business owner. You must know the logistics of what you are building and be able to spout the numbers of your business off with little thought. You must be that involved in the development and growth of your business that you ‘KNOW’ those numbers… but knowing is much more than being able to recite them. Anyone can memorize numbers and list them off; you must be able to understand what they mean and how to apply them. You must know the ins and outs of your finances. The eb and flow of your cash flow is so vital to your success. There are so many people with incredible skills that fell short and their business crumbled because of lack of mathematics in their efforts. They trusted someone else to know or just believed that money was coming in so no need to analyze the details… this is so far from true. Money is coming and yes, your business may be growing, but do you know what your next step is? Do you know where it should be going from here. Maybe you have ideas but without proper analytics of your finances, you can’t make accurate decisions. This can make the difference between your success and your failure.

You need to understand your taxes and make sure you are keeping yourself protected and within the bounds of the law. You can, of course, hire an accountant to crunch the numbers for you especially as your company grows…that is a lot of time that ultimately shouldn’t be spent by you if you are needed elsewhere, but you need to understand how it works and be able to go over what they have done and know your money is in the right place and well attended to.

You need to be able to formulate a budget for maintaining your company as well as the growth of your business and the potential expansion into new business ventures. If you aren’t careful and managing your funds properly, new business ventures can destroy the viable business you already have. These are things you must know and understand.

This is a lot to take in and much of it will be gotten into later in more extensive details… Be sure to stay tuned.

Math is so critically vital and not at all scary. Do not allow math to be your downfall. Utilize it to the greater good of your future success. Math is your friend if you let it be.

No matter what business you are in or how successful you believe yourself to be, there is always more… Never settle or sell yourself short. There will always be more. It is just a matter of how much do you want to be involved in? And how much are you willing to adapt?

Be flexible… and be willing to learn.

For a moment look at someone like Richard Branson…the Rebel Billionaire himself. He founded Virgin Records, Virgin Airlines, years ago he began work on a space program. He even funded the company Love Sac which is just a little random.
Jim Jones made his way spittin’ bars as a rapper. From there, he was in a group, Dipset, and got into producing. He now owns a company that provides cell service and is looking into new investments.
IceCube is very well known for being one of the founding members of the rap group N.W.A. as well as his later success as an actor; he also started his own show, Hip Hop Squares, and even owns a 3 on 3 basketball league.

The point here is that these are extremely successful individuals that aren’t banking only on their initial claim to fame… they grew, they adapted, they diversified; you must be willing to do the same. Grow your business into a thriving success and then begin to look towards the future and see what’s next. There are endless opportunities out there if you are ready to get out there and grab a hold of them.

Be cautious to not over-commit and spread yourself too thin… but get it going already. Once your business is thriving, it is time to begin growing the next one… once that is thriving, it is time to move on to the next… sometimes, there may be opportunities for the next before one is thriving… you have to make the best possible call when faced with this… you can always grow more than one at the same time… don’t allow yourself to be sucked in and find yourself over-committed.

Get started on your next big thing. Invest in businesses, stocks, opportunities.

Grow. Nurture. Thrive.

No matter where you are and how high you have reached… Reach for more.

What’s the last book you read? How often do you sit and read a book?

This is an important thing… It is frequently an overlooked part of success…

It is important to continue learning and expanding your horizons; it truly never ends. The rich and successful spend more time reading than they do watching television… and I am not referring to random fiction. They are reading things that expand their minds or help them grow in their field of expertise.

It is also important to know that it can be incredibly helpful to read things written by your peers. Doctors, psychologists, scientists and theologians are constantly reading works written by their peers. Sometimes we need to be reminded that this is not only okay, but the best way to broaden your horizons. Sometimes, in business, people allow their pride or ego get in the way of progress. You never want to take someone’s ideas…that is stealing and wrong and will almost never help you; it nearly always blows up in your face. You do not want to waste time and efforts on something like this. But we all get influence in everything we encounter… it is only natural that influence is all around is… it is just a matter of whether we pick up on it.

The idea that it is all around us, as I have expressed many times before, you already have ideas and direction… it is what makes you, you. But there is always room to grow and learn. The most successful people know better than to stop learning and being open to growth. You must be on that level.

The reality is that you may need to adjust your train of thought or maybe there is that little something that you need to know that you may not have been aware of before.
When I was about 22… I was young and eager to learn more and more and grow myself into a business mogul; at the time, I was really open to so many possibilities and always had an interest in real estate because of a small collective of people I knew. My cousin was a realtor and a friend that I had worked with for some time had been flipping houses and was quite good at it. My uncle ran his own business, but it was simply built by him without any investments as his began as a fluke (that is a story for another day). My Mom and Dad had multiple successful and some not so successful businesses as did my grandma. I had another close friend that at the time seemed a lot like me with ambitions of success and was eagerly seeking new opportunities. He knew some things about business and he and I had began working on some business adventures together. Nearly all did fizzle out… (stories for another time…) you do learn from the ones that fail… sometimes more than the successes. Having been under the influence of so many people with what I thought was the right mentality, I felt I had a pretty good base of business knowledge already from a young age… having said that, I was ready to learn more; I wanted to soak up everything like a sponge.
So, I went with a friend to a seminar on real estate thinking I would learn so much… from this particular experience, my friend and I both walked away feeling as though we had missed something… we were aware that we were not yet moguls nor were we successful business men yet. We were just trying to get started, but we felt like we already knew most of the information that was presented at this seminar. We weren’t sure what we were missing, yet we were excited about the one little nugget of info that neither of us at that time knew… Neither of us knew about a ‘hard-money loan’ nor did we have any idea of how such a thing would work. We walked out of their looking shocked that we felt aware of most of the rest of information but were stoked that we both looked to one another and said nearly at the same time, “what about that hard money loan?… Yeah, that’s pretty tight.”

My friend who had been flipping houses for some time now, never did it that way. He had his own system which he shared with me and seemed much more challenging but for him it worked. Him and his wife had a system. Their system worked for them. You will always find new information even if just a small detail… that detail may not be ideal for you, but you have at least expanded your knowledge and some day it could be what you need. Or today, it could be a game changer. You never really know. You must be open to learning. The fact that what you have going works, doesn’t mean there isn’t more out there… something better or more efficient. You may learn that something you were doing just a s a hobby, could really be your future… Be willing to learn.

Pick up a book.

Today is an important day…

This is, without question, the most difficult post I have done thus far… A year ago, today, my life was changed and will never be the same…  I lost my Mom. I can’t begin to express what she meant to me. She truly was one of the most amazing people I have ever known in all my life.

She was the one who taught me to be the man I am today. She taught me to be ambitious. She taught me to be strong. She taught me that fear was okay, but not to be scared or controlled by fear. You must be strong and decisive.

I remember growing up hearing the stories of her and Dad’s business ventures. I always knew that I would own my own business one day. Over the years the type of business changed so many times…but ultimately, I was going to be like my Dad… my Dad wasn’t around when I was growing up. He was when I was little, but then him and Mom divorced, and we lost touch for much of my life… When I was a teenager, I looked to him like a hero… it wasn’t till later that I grew and realized that I was seeing him through my Mom’s eyes. He wasn’t my hero; he was an amazing man. He was a wonderful man. He was my Dad. He will always be my Dad, and I love him dearly… I hold the moments and memories that we shared so close in my heart. But the truth is, as amazing as he was and still is, my hero, he is not. My hero is my Mom. She has been for nearly all my life, even when I was too clueless to realize it.

My Mom taught me about being an entrepreneur, and she also taught me about the importance of writing and expressing myself artistically. She told me stories my whole life that caused me to look up to my Dad and want to be like him…

All along, I wanted to be like her. I wanted to be the type of man that she would see as worthy and good enough. I wanted to make her proud. I wanted my Dad to one day come back in my life and see the man I had become. I wanted her to know that as incredible as she thought he was, I could be great too. I could do the amazing things they did.

My drive and ambition have always been there… It was always something that was in me. Many things over the years have clouded my judgement as life tends to do, but that drive has always been there, and it was because of her. It was because of what she taught me and how she taught me to be.

I couldn’t be more grateful for the stories she shared about Dad and the picture she painted of him being a Texas Hero and an entrepreneur with ambition to spare…. But ultimately, when telling these stories, she never expressed that they started these businesses because of success, fame, or fortune… she always said they were just having fun. That was something I never forgot. They had fun. They loved working with one another and in so many different arenas also. At one point, my Mom… 5’2” 120 lbs… and my Dad owned a company laying brick… She was always so proud to tell me… “Me and your Dad used to lay brick.” I was so proud every time I heard it.

Mom, I’m doing it! I am running my own successful business and I am reaching others and helping them start and run their business. I am also reaching more people through my writing which you always encouraged. I wish you were here to see what I have accomplished. You were always so proud of me and loved when I started my first business years ago and always encouraged and helped as much as you could along the way… I am now helping others as you always helped me. I love you, Mom. I am so proud to share your stories and the things you have taught… Me and Jason shared stories with each other today about growing up… we talked of some of our friends and the experiences we had. I remember friends like David and Andre called you ‘Mom’. If only more people could have been so lucky and so blessed to have a mom like you. I am thankful everyday… I am learning that you never stopped teaching me… even to this day… just by talking to Jason, I realized things that I was still learning from you. I miss you more than you know and will continue to honor you, Kimberly, our kiddos, and the Bayless Family traditions as I grow and continue to develop my business. I don’t think I ever properly thanked you either… but I don’t think we can ever thank the people who touch our lives and effect so strongly.

Today, I ask of all of you, please take a moment to show a little love and appreciation to those who support you in your efforts and business… those who are always there for you. Whether it be your Mom, Dad, brother, wife, husband, or true friend…  whoever is in your life who is there for you in that special way and continues to encourage you and help you grow to be a better person, give them your love and appreciation… You wouldn’t be you without them.

It is time for the harsh reality… building a business based upon a passion that drives you is of course a beautiful idea. It truly is… but your dues must be paid if you wish to be paid. If you want to have a successful viable business, you must get to work. The hustle is an endless process at this early stage of your business’s growth.

You must be able to give everything you’ve got to your business. It is merely a dream… so let’s make this dream a reality. Even though your business is based upon a passion that drives you, it is not going to a simple and fun process in the beginning. It is going to be grueling and tedious.

I was recently listening to an extremely successful entrepreneur that is also well followed for his teachings of business. He has expressed for a long time that teaching is one of his big passions. This is a man whom I have an abundant amount of resect for. Something he said really got me thinking. As I mentioned, I have a lot of respect for him and have learned a lot from him myself…. with that being said… He said, “Do not follow your passion” …. To me, this contradicts some of the ideals that I believe in. The more I sat and pondered what he was saying, the more I began to come to terms with the fact that although we may not agree on everything, there are truths in what we are both saying.

He expressed that until you are paying your bills, you have not yet earned the right to follow your passion. Let’s build on that… I agree that until you are paying your bills, you do not have the right to rest. Bills are debt that you accrued. You owe these debts. You have a responsibility and a legal obligation to get these taken care of. Not to mention, the inevitable lifestyle comfort and just basic needs that come from paying your bills. In addition, you need to be able to fund your business venture, the expenses and overhead.

I still believe your business should be driven by your passion because I don’t believe you are going to give all you’ve got to something you don’t believe in.

With that being said, I 100% agree that you haven’t put in your dues and haven’t earned the leisure yet. This is going to be a battle and a struggle. You may spend endless hours at your computer pounding the keys trying to get your brand off the ground. Ten… twelve… fourteen hours a day pounding the keys… whatever it takes. No matter how much love sitting at your computer, you will stop loving it. You have got to be prepared to handle this.

I do feel it should be based on a passion you have although while fighting for this, it may not feel like your passion… it may not feel fun; it may be painstakingly grueling. You must dig deep and fight for it.

I have said it before and I will do so again… Anyone can do this, but most don’t want to. Are you ready for it? You prepared to fight? You ready to get paid… there is no rest until you get that cash rolling in.

Get Cocky and let’s get that money rollin’ in.

I spoke previously about the idea of taking a moment to figure out what it is you want to do. I truly believe that is a vital step as it is important to know what it is you want.

Hopefully, you have taken that step…Now, that you have thought and marinated on your idea and goals… It is time to get there already. The problem is that far too often, people will get in the way of their own success. You can’t hold back. You have got to dive in already. If you are going to sit back and over think this process and continue to question every aspect of your future and the success of your business, then you will never have a business that you need to concern yourself with.

I want you to take that moment you need to really think about what you want to do with your future and with your business, but at the same time, I need you to be decisive… You need you to be decisive. Ultimately, this is for you and your future. Give it ample thought but make that decision and let’s get it going.

Be confident…not only in your decision but also in the success of your future.

If you have your idea, get working on your business model and your game plan to initiate said model. You need not sit back and question how to implement it… You know what to do… Get it done.

This is going to be a continuing thing that is vital to the success of your business; it needs to start now. Your business will need you to continue to be decisive as it grows.

Trust in yourself; trust in your business. Be confident and get it going…. Simply put,

Get Cocky!