6 Things All Successful Entrepreneurs Believe

Entrepreneurs have a different way of doing things.

It takes a special kind of person to be able to turn the spark of an idea in their minds into a full-fledged income-generating operation that's built to last. It's no wonder entrepreneurs seem just a little bit different from everyone else. They really are different.

By understanding these 6 things that successful entrepreneurs believe, you can learn lessons that will help you succeed in your own business--and in your career and life.

1. Entrepreneurs believe that anything is possible.

This is what drives them to create the impossible out of pure ideas. They don't understand why other people don't reach for their dreams and put everything on the line for an idea, because that's just how their brain works. Because of this, it may be difficult for some people to convince an entrepreneur that his or her idea is impossible. Entrepreneurs don't know the meaning of the word impossible, and they will pursue their ideas until they find the success they are looking for.

2. When people see hurdles, entrepreneurs see ways to get over them.

It's in nature of entrepreneurs to start figuring out possible problems before they exist, and to figure out ways to neutralize them the moment they arrive on the scene. if anything, obstacles and naysayers push entrepreneurs to want to succeed even more. Don't try to stand in an entrepreneur's way because you are likely to get run over.

3. Entrepreneurs are extremely optimistic.

They know they are going to succeed--eventually--and they always look at the word as a glass half full instead of a glass half empty.While this optimism is at times misunderstood, it's one of the best qualities that an entrepreneur possesses. The ability to look to the future with rose-colored glasses is a gift that many people wish they were blessed with.

4. Entrepreneurs can't stand authority.

Whether it was a boss in the past that they couldn't stand, the feeling of being stifled in a corporate position, or just the fear of mediocrity, there's a driving force behind entrepreneurs wanting to work for themselves. Entrepreneurs don't do well with authority because they are used to living up to their own expectations, not someone else's.

5. And the same goes for rules.

Entrepreneurs like to answer to themselves--and themselves only. They don't like being put in a box or confined to a set of rules that they didn't create. This doesn't mean they don't follow the rules that really count, because they do. They aren't going to break the law just because they don't like it. But entrepreneurs set very high standards to live up to, and their own expectations are higher others would expect or hold them to.

6. Entrepreneurs see limitless possibility.

Ask any entrepreneur if all the success in the world has already been exhausted, and he or she will surely look at you like you must be crazy. Entrepreneurs look at the world and see endless possibilities. Because of this, they never stop reaching for more opportunities and success, and are highly unlikely to ever retire. Most entrepreneurs continue to grow their ideas and start new companies for the entirety of their lives.

10 Books Every Entrepreneur Must Read Before Starting Up (Infographic)

Warren Buffett's Annual Letter: 5 Takeaways for Entrepreneurs

Critics gotta criticize, and when you're as successful in your undertakings as Warren Buffett, they're going to look for anything they can find. This year, having combed through Buffett's annual letter to his Berkshire Hathaway shareholders, Fortune noted that S&P 500 returns beat Buffett's over the last five years--but not the past six.

Who gives a flying frijole? Buffett has proven himself one of the greatest investors of all time and someone who understands business like few people can. He gets the basics, the flourishes, and the twists. On an off year in 2013, Berkshire Hathaway pulled in 23 percent growth in pretax profits. It's even more remarkable because Buffett typically holds companies for extended periods of time and is the head of a conglomerate, which, given the history of disasters that have often plagued such entities, makes it additionally impressive.

So, forget about reading the Berkshire Hathaway results for gotchas. Let's take a look at some sound business advice that comes from watching what someone does, not just listening to what he says.

1. Know your company's intrinsic value.

People focus far too often on the external measures of a company's value. They look at stock price or the valuation derived from looking at the prices venture capitalists pay for a given percentage of a company. Forget all that, because those are ephemeral measures. Here's how Buffett thinks of it:

Intrinsic value is an all-important concept that offers the only logical approach to evaluating the relative attractiveness of investments and businesses. Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

The calculation can be complicated and can change with interest rates or cash-flow projections. But Buffett's definition offers reasonable guidance. Calculating the intrinsic value is an excellent exercise. When you have a sense of the company's real worth, you have a context in which to consider investments, deals, and strategic decisions. Just be careful of the inherent danger of believing your own hype: Look at all the tech companies that twist accounting metrics into pretzels to pretend that they're profitable when they aren't.

2. Build business templates.

Ask most business people about templates and they'll mention word-processing documents and spreadsheets. Buffett talks about a partnership template. He has built a new methodical approach to large acquisitions. The specific details are immaterial for an entrepreneur, who isn't buying a company like NV Energy or a big chunk of H.J. Heinz. What is important is the idea of developing repeatable processes. Major deals are always unique, and then they all have common characteristics. Know how to achieve what you need, and you have far more energy available to consider the quirks.

3. Know the difference between types of growth.

Many companies are anxious to grow at a breakneck pace. Even large companies will buy other large companies for their revenue. But in a way that's just trading one block of money for another. It can be a wash. Buffett says he doesn't want Berkshire Hathaway to simply grow, but to grow per-share results. Even though your business is probably private, that's a good way to think about it. Are you just bulking up, or are you becoming proportionately more successful?

4. Invest in management.

An important reason for Buffett's success is that Berkshire Hathaway only invests in companies if they have strong management. Otherwise, you only subsidize a badly working business. Get the best management you can in your company from people who really know how to run marketing, sales, supply chain, customer service, manufacturing, finance, and any other silos. While providing strategy, let the people who know how to do the work actually do it. Buffett admits that two people working for him handle $7 billion portfolios with returns far outperforming his. Better to have them work for you than compete with you.

5. Use your money effectively.

Buffett wrote about the money that Berkshire Hathaway doesn't own but that it can use to its benefit. The idea of float is well known in certain types of businesses, particularly low-margin ones like groceries and distributors. There's the difference between when you get paid and when you pay. Some grocery chains make a significant percentage of their profit on the float made available by being a cash business that has terms from its vendors. Effective use of money can also mean passing on your bonuses or compensation and using the cash to strengthen the weaker parts of your operation. Invest in people and capital smartly. As Buffett wrote, "it's better to have a partial interest in the Hope diamond than to own all of a rhinestone."

That's five points in barely the first three pages of his letter. You can learn a lot from reading a little of the practices and thought processes of successful people.

How to Stay Positive Around Negative People!

2 Ways to Stay Positive When Dealing With Negative People

By Tony Robinson 

We all have to deal with negative people at some point in lives, we just do. Sometimes we can avoid them, other times we can’t. Sometimes these negative people stay for a little while, other times they stay long enough to make us want to jump off a bridge.

But since we know it’s a fact of life that negative people exist, what can we do deal with Negative Nancy and Pessimistic Peter?

Understand They Have Different Values

There are times when the negative people we have to deal with aren’t always negative, they just happen to be really negative in certain situations.

When I started college, I was an engineering major. I did really well in school and got accepted into a summer internship program with one of the biggest oil companies in the world. It was awesome. I performed so well in the internship program that they brought me back the following summer. After the second summer I was told I had a full time job waiting for me once I graduated.

But unfortunately, not only did I turn down that high paying job offer, I left the engineering major entirely! I realized that engineering wasn’t my passion and I began studying small business management instead.

My family wasn’t so thrilled about the idea. I was going to be the first one in my family to get a college degree, and the fact that it was going to be an engineering degree made my family ecstatic because they knew that a degree in engineering meant financial security. That’s what was important to them, a nice steady paycheck with great benefits.

So when news broke that I was changing my major, my family voiced a lot of concerns and brought a pretty negative attitude to the situation. They kept reminding me of the time that would be wasted and the big payday that would never come. It was tough to hear, and it even made me second-guess my decision.

But I had to go back and remind myself of what my values were. What was important to me? Delivering something of significance to world the world, and I felt that a degree in engineering wouldn’t allow me to really reach my potential.

I valued significance, my family valued security. We couldn’t have been further apart from each other.

Once I realized that we had such a big difference in values on the topic, it made it a lot easier for me to tune out the negative comments and energy they were sending my way.

Take Responsibility for Your Own Happiness

Negativity is contagious. It’s easy for someone else’s negative thoughts to slowly creep over and start affecting you in a negative way.

But positivity is also contagious, so when someone is giving you a lot of negative energy, you have to fight back with positive energy. You can’t allow someone else’s negativity to become yours. Just because Negative Nick doesn’t think it’s a good idea for you to go after your dreams, that doesn’t mean you have to think it’s a bad idea too.

You have to be responsible for you own happiness and positivity. If we break down the word responsibility we get “response – ability”. Responsibility is simply your ability to respond.

You don’t have the power to choose what life throws at you, or what these negative people do and say to you, but, you do have the ability to choose how you respond and that’s what’s most important.

You can choose to respond in way that lets the negativity drains your positivity and makes you feel hopeless and frustrated, or you can choose to respond in way that makes you work even harder and focus even more on the positive aspects of the situation.

The dictionary defines responsibility as “the opportunity or ability to act independently and make decisions without authorization”. That means you don’t need an ok from anyone else to act on something that you’re responsible for. So even when the negative people disagree with you, who cares?

It helps if you ask yourself,

• “What can I do to reinforce my positive attitude?”
• “What can I do to discredit their negative attitude and opinion?”

Your happiness depends more on your own attitude than any external factors. So don’t let the negative people of the world get you down.

4 Ways To Ignite Your Personal Passion

By Brian Heat 

Personal passion is the explosive flame you possess inside in the form of strong ideas, gifts and fascinations. It is this passion that propels you towards your very own unique forms of creative expression, fields of interests and adventurous curiosity.

It is also your passion that drives you to push beyond obstacles and self-limitation.

The question then becomes, how do we tap into this enormous power?

1. “You Are a Walking Phenomenon”

As of right now there are over 7.1 billion people on the planet, but only one of you. Down to your very DNA you are a walking phenomenon, an anomaly of sorts…a unique deviation from every other person the world. You were born for reason, designed for a purpose and meant to be here. Embrace your individuality and know that your dormant talents were given to you as a gift. Determine your uniqueness, your strength and your voice…then begin to introduce it to the world.

2. “Chasing The Rush of Fascination”

I’ve often described the feeling your personal passions give you as “The Rush”, or that fiery exhilaration you sense inside while engaged. For some, it may be the excitement of competition that comes from playing sports, while for others the relaxation and creative outlet artist experience while performing.

Starting right now, feel yourself returning to those certain experiences that captivated you and moved your heart once before. Reflect back to reawaken the passions you once possessed assures that where you presently direct your time, efforts and focus is directly connected to the youthful spirit you were from the beginning.

3. The “MASSIVE Power of Mentors”

Now once you’ve taken the time to identify what gifts, talents and experiences that once sparked within you, your next move is to place yourself in situations where you can accelerate your learning and explore everything your passion has to offer. At this point, mentors become invaluable resources because in most cases they’ve already walked the road you are embarking on and now possess the essential expertise needed to point you in the right direction towards more opportunities for growth, resources and access to other like minded individuals. Now, in those cases where the mentors you require are not within your immediate circle of influence, I recommend using the web to profile those accomplished game changers in your fields through their bios, interviews and wisdom filled back stories.

4. “Build a Storm Ready Vision”

What continues to ignite the strength behind your passion as you travel your journey is your ability to create and hold an explosive vision that reflects everything that passion encompasses. This vision is nothing more than a crystal clear mental picture of what exactly you desire to accomplish or become. Just like a beacon in the storm this inspired vision helps you navigate your thoughts, actions and behaviours to stay focused. But in order to keep this vision realistic and grounded you must build into your vision the possibility of adverse circumstances and obstacles that will come along the way. With this in mind, as circumstances occur that attempt to deter your efforts you will already be prepared with contingency plans and alternatives routes to keep progressing forward.

The Four Best Ways to Solve Problems

The 4 Most Effective Ways Leaders Solve Problems

With as many problems as we are all faced with in our work and life, it seems as if there is never enough time to solve each one without dealing with some adversity along the way.  Problems keep mounting so fast that we find ourselves taking short-cuts to temporarily alleviate the tension points – so we can move onto the next problem. In the process, we fail to solve the core of each problem we are dealt; thus we continuously get caught in the trap of a never-ending cycle that makes it difficult to find any real resolutions.  Sound familiar?

Problem solving is the essence of what leaders exist to do.  As leaders, the goal is to minimize the occurrence of problems – which means we must be courageous enough to tackle them head-on before circumstances force our hand.  We must be resilient in our quest to create and sustain momentum for the organization and people we serve. But the reality of the workplace   finds us dealing with people that complicate matters with their corporate politicking, self-promotion, power-plays and ploys, and envy. Silos, lack of budgets and resources, and many other random acts or circumstances also make it harder for people to be productive. 

Competitors equally create problems for us when they unexpectedly convert a long-standing client, establish a new industry relationship, or launch a new product, brand or corporate strategy.   Mergers & acquisitions keep us on our toes and further distract us from solving existing problems by creating new ones.

As Karl Popper, one of the most influential 20^thcentury philosophers of science, once eloquently stated, “All life is problem solving.” I’ve often contended that the best leaders are the best problem solvers. They have the patience to step back and see the problem at-hand through broadened observation; circular vision. They see around, beneath and beyond the problem itself. They see well-beyond the obvious. The most effective leaders approach problems through a lens of opportunity.

Leaders who lack this wisdom approach problems with linear vision – thus only seeing the problem that lies directly in front of them and blocking the possibilities that lie within the problem. As such, they never see the totality of what the problem represents; that it can actually serve as an enabler to improve existing best practices, protocols and standard operating procedures for growing and competing in the marketplace. They never realize that, in the end, all problems are the same – just packaged differently.

A leader must never view a problem as a distraction, but rather as a strategic enabler for continuous improvement and opportunities previously unseen.

When I launched my first venture in the food industry, we had a problem with the adhesion of the labels to the glass jar packaging of our products that affected nearly 20% of an initial shipment.  As circumstances would have it, this was the first shipment to a new client that was “testing” our new products in 200 stores with an opportunity to expand our distribution to over 2500 stores nationally.  Instead of panicking, we took a problem solving approach that involved multiple steps and resulted in a full-blown change management effort with our label supplier, manufacturer, trucking company and client.  Rather than viewing this problem simply as a hurdle that could potentially lose us the client, we took proactive measures (and a financial investment) to show our new client that we were capable of not only solving the problem – but earning their trust by responding promptly and efficiently  with a comprehensive step-by-step incident report that included our change management efforts.

This experience taught us many lessons about our company and helped us to avoid many unforeseen problems.  The ROI from how we handled this problem helped open our eyes to many elements that were previously being overlooked – and in the long run it helped enable us to grow the business.

Whether you are a leader for a large corporation or a small business owner, here are the four most effective ways to solve problems.

1.  Transparent Communication

Problem solving requires transparent communication where everyone’s concerns and points of view are freely expressed. I’ve seen one too many times how difficult it is to get to the root of the matter in a timely manner when people do not speak-up.

Yes, communication is a fundamental necessity. That is why when those involved in the problem would rather not express themselves – fearing they may threaten their job and/or expose their own or someone else’s wrong-doing – the problem solving process becomes a treasure hunt. Effective communication towards problem solving happens because of a leader’s ability to facilitate an open dialogue between people who trust her intentions and feel that they are in a safe environment to share why they believe the problem happened as well as specific solutions.

Once all voices have been heard and all points of view accounted for, the leader (with her team) can collectively map-out a path toward a viable and sustainable solution.  As fundamental as communication may sound, don’t ever assume that people are comfortable sharing what they really think. This is where a leader must trust herself and her intuition enough to challenge the team until accountability can be fairly enforced and a solution can been reached.

2.  Break Down Silos

Transparent communication requires you to break down silos and enable a boundary-less organization whose culture is focused on the betterment of a healthier whole.   Unnecessary silos invite hidden agendas rather than welcome efficient cross-functional collaboration and problem solving.

Organizational silos are the root cause of most workplace problems and are why many of them never get resolved. This is why today’s new workplace must embrace an entrepreneurial spirit where employees can freely navigate and cross-collaborate to connect the problem solving dots; where everyone can be a passionate explorer who knows their own workplace dot and its intersections.  When you know your workplace dot, you have a much greater sense of your sphere of influence. This is almost impossible to gauge when you operate in silos that potentially keep you from having any influence at all.

In a workplace where silos exist,  problem solving is  more difficult  because you are more likely dealing with self-promoters – rather than  team players fostered by a cross functional environment..  When you operate in a siloed environment where everyone wants to be a star, it becomes increasingly difficult to help make anything or anyone better. This is when problem solving becomes a discouraging task.

Breaking down silos allows a leader to more easily engage their employees to get their hands dirty and solve problems together. It becomes less about corporate politicking and more about finding resolutions and making the organization stronger.

3.  Open-minded People

Breaking down silos and communication barriers requires people to be open-minded.  In the end, problem solving is about people working together to make the organization and the people it serves better. Therefore, if you are stuck working with people that are closed-minded, effective problem solving becomes a long and winding road of misery.

There are many people in the workplace that enjoy creating unnecessary chaos so that their inefficiencies are never exposed. These are the types of people (loafers and leeches) that make it difficult for problems to get solved because they slow the process down while trying to make themselves look more important.  Discover the lifters and high-potential leaders within the organization and you will see examples of the benefits of being open-minded and how this eventually leads to more innovation and initiative.

Open-minded people see beyond the obvious details before them and view risk as their best friend. They tackle problems head-on and get on with the business of driving growth and innovation.  Close-minded employees turn things around to make it more about themselves and less about what is required to convert a problem into a new opportunity.

With this explanation in mind, carefully observe the actions of others the next time you are dealt a real problem.

4.  A Solid Foundational Strategy

Without strategy, change is merely substitution, not evolution.  A solid strategy must be implemented in order to solve any problem.  Many leaders attempt to dissect a problem rather than identify the strategy for change that lies within the problem itself.

Effective leaders that are comfortable with problem solving always know how to gather the right people, resources, budget and knowledge from past experiences. They inspire people to lift their game by making the problem solving process highly collaborative; for them, it’s an opportunity to bring people closer together. I’ve always believed that you don’t know the true potential and character of a person until you see the way they solve problems.

Effective leaders connect the dots and map-out a realistic plan of action in advance. They have a strategy that serves as the foundation for how the problem will be approached and managed. They anticipate the unexpected and utilize the strengths of their people to assure the strategy leads to a sustainable solution.

Never shoot from the hip when problem solving. Avoid guessing. Take enough time to step back and assess the situation and the opportunities that each problem represents. Make the problem solving process more efficient by recognizing that each problem has its own nuances that may require a distinct strategy towards a viable resolution.

You know that you have great leadership in your organization when problem solving becomes a seamless process that enables the people and the organization to grow and get better.  If problem solving creates chaos, you may have a serious leadership deficiency.

Problem solving is the greatest enabler for growth and opportunity. This is why they say failure serves as the greatest lesson in business and in life.  Be the leader that shows maturity, acts courageously, and requires accountability.  Applying each of these lessons can help you become a master problem solver. Each experience teaches us all new things. Embrace problem solving and the many unseen treasures it represents.

http://www.forbes.com/sites/glennllopis/2013/11/04/the-4-most-effective-ways-leaders-solve-problems/

4 Simple Networking Mistakes That You Might Be Guilty Of

Whether you’re looking for a job or not, you’ve probably been encouraged to “network, network, network!” more times than you can count. Are all those conferences and events you’re attending leading to new connections or opportunities?

No? You’re not the only one. Many networking newbies have tendencies that actually inhibit building real relationships with their new contacts.

The good news: it’s not that hard to fix. Here’s what you might not even realize you’re doing wrong—and what to do about it.

Mistake #1: Talking about Yourself—All the Time

You’re talented! Eager! Ambitious! You have lots of ideas to share! And you want to make sure that every person you meet at the event knows who you are and what you do!

We get it. And yes, sharing your story with new contacts is important. But sharing your life story is overkill: Nothing can set a person off more than an aspiring professional who takes no interest in anything beside her own ambitions.

The Fix: Take Some Interest. Stop highlighting your latest accomplishment and start listening instead. Find people with industries or careers of interest to you, and ask them questions: How did they get their start? What do they love about their jobs, and what do they wish they could change? By taking an interest in your contact, you will make her feel valued—and hopefully interested in continuing the relationship. And you’ll likely gain some new insights, too.

Mistake #2: Expecting a Job

You’re looking for a new job, so you hit the circuit of industry events every week, asking every person you meet to help you find your new gig—after all, it’s not what you know, it’s who.

Well, yes. But give people some credit: If you pursue networking opportunities purely for the job prospects, your contacts will figure you out. You will leave them feeling used, and they will be less likely to recommend you for an opportunity.

The Fix: Provide Some Value. If you’re looking for a job, don’t ask for it—work for it. Do some research into what your contact does both in and out of work and find ways that you can contribute your time or support. Perhaps you could volunteer your expertise in social media for the big convention she’s heading up, or offer your accounting knowledge for her non-profit. Provide some opportunity for contacts to see you in a working light, and you’ll be that much closer to a good referral.

Mistake #3: Not Saying Thanks

You attended a large event last week and grabbed coffee with one of your new professional contacts afterward. And then—the week got busy, and you didn’t get around to saying thank you. She’ll understand, right?

Maybe. But if you don’t show gratitude, even in the smallest (or largest) event, you risk leaving a negative impression—probably not the desired outcome of your meeting.

The Fix: Just Do It. Whether you pack notecards in your purse for post-meeting scribbles, set yourself a reminder on Gmail to send off a quick note, or just insert a quick “thanks for taking time to meet with me!” at the final handshake, you must say thank you. Not only will you solidify your reputation as a courteous individual, but you won’t be leaving your contacts with a bad taste in their mouths. Always say thank you, and your good impression will last until your next meeting.

Mistake #4: Forgetting to Follow Up

You meet someone over a networking happy hour and tell her you’ll send her your portfolio. But as the night goes on, she has a few drinks and meets a few dozen more people. You’re sure she’s forgotten all about you, so you decide it’s not even worth emailing her the next day.

Bad idea. Meeting someone is just the first step in networking. In order to forge a lasting relationship (and make sure people don’t forget you), you need to follow up, every single time.

The Fix: Stay Accountable. If you told a networking contact that you would do something, do it. Even if you’re not sure she remembers you, you can bet that she will be grateful that you took the time out of your day to send her what you had discussed. If you’re worried about forgetting, keep a pen near your business card holder to quickly scribble out what follow-up actions you have for that contact, and review your cards after the event.

Above all, keep in mind that networking isn’t about short-term gain, but about learning, growing, and forming connections. Adopt good social habits, and you’ll see your skills and comfort improve, your opportunities increase, and your relationships grow—for the long haul.

11 Simple Leadership Concepts

Hey guys,

Found this article from LinkedIn Today and thought it would be a good read for those of us working on our leadership skills! Let me know what you think!

Being likeable will help you in your job, business, relationships, and life. I interviewed dozens of successful business leaders for my last book, to determine what made them so likeable and their companies so successful. All of the concepts are simple, and yet, perhaps in the name of revenues or the bottom line, we often lose sight of the simple things - things that not only make us human, but can actually help us become more successful. Below are the eleven most important principles to integrate to become a better leader:

1. Listening

"When people talk, listen completely. Most people never listen." - Ernest Hemingway

Listening is the foundation of any good relationship. Great leaders listen to what their customers and prospects want and need, and they listen to the challenges those customers face. They listen to colleagues and are open to new ideas. They listen to shareholders, investors, and competitors. 

2. Storytelling

"Storytelling is the most powerful way to put ideas into the world today." -Robert McAfee Brown

After listening, leaders need to tell great stories in order to sell their products, but more important, in order to sell their ideas. Storytelling is what captivates people and drives them to take action. Whether you're telling a story to one prospect over lunch, a boardroom full of people, or thousands of people through an online video - storytelling wins customers.

3. Authenticity

"I had no idea that being your authentic self could make me as rich as I've become. If I had, I'd have done it a lot earlier." -Oprah WinfreyGreat leaders are who they say they are, and they have integrity beyond compare. Vulnerability and humility are hallmarks of the authentic leader and create a positive, attractive energy. Customers, employees, and media all want to help an authentic person to succeed. There used to be a divide between one’s public self and private self, but the social internet has blurred that line. Tomorrow's leaders are transparent about who they are online, merging their personal and professional lives together.

4. Transparency

"As a small businessperson, you have no greater leverage than the truth." -John WhittierThere is nowhere to hide anymore, and businesspeople who attempt to keep secrets will eventually be exposed. Openness and honesty lead to happier staff and customers and colleagues. More important, transparency makes it a lot easier to sleep at night - unworried about what you said to whom, a happier leader is a more productive one.

5. Team Playing

"Individuals play the game, but teams beat the odds." -SEAL Team Saying

No matter how small your organization, you interact with others every day. Letting others shine, encouraging innovative ideas, practicing humility, and following other rules for working in teams will help you become a more likeable leader. You’ll need a culture of success within your organization, one that includes out-of-the-box thinking.

6. Responsiveness

"Life is 10% what happens to you and 90% how you react to it." -Charles SwindollThe best leaders are responsive to their customers, staff, investors, and prospects. Every stakeholder today is a potential viral sparkplug, for better or for worse, and the winning leader is one who recognizes this and insists upon a culture of responsiveness. Whether the communication is email, voice mail, a note or a tweet, responding shows you care and gives your customers and colleagues a say, allowing them to make a positive impact on the organization.

7. Adaptability

"When you're finished changing, you're finished." -Ben FranklinThere has never been a faster-changing marketplace than the one we live in today. Leaders must be flexible in managing changing opportunities and challenges and nimble enough to pivot at the right moment. Stubbornness is no longer desirable to most organizations. Instead, humility and the willingness to adapt mark a great leader.

8. Passion

"The only way to do great work is to love the work you do." -Steve Jobs
Those who love what they do don’t have to work a day in their lives. People who are able to bring passion to their business have a remarkable advantage, as that passion is contagious to customers and colleagues alike. Finding and increasing your passion will absolutely affect your bottom line.

9. Surprise and Delight

"A true leader always keeps an element of surprise up his sleeve, which others cannot grasp but which keeps his public excited and breathless." -Charles de Gaulle

Most people like surprises in their day-to-day lives. Likeable leaders under-promise and overdeliver, assuring that customers and staff are surprised in a positive way. There are a plethora of ways to surprise without spending extra money - a smile, We all like to be delighted — surprise and delight create incredible word-of-mouth marketing opportunities.

10. Simplicity

"Less isn't more; just enough is more." -Milton GlaserThe world is more complex than ever before, and yet what customers often respond to best is simplicity — in design, form, and function. Taking complex projects, challenges, and ideas and distilling them to their simplest components allows customers, staff, and other stakeholders to better understand and buy into your vision. We humans all crave simplicity, and so today's leader must be focused and deliver simplicity.

11. Gratefulness

"I would maintain that thanks are the highest form of thought, and that gratitude is happiness doubled by wonder." -Gilbert Chesterton

Likeable leaders are ever grateful for the people who contribute to their opportunities and success. Being appreciative and saying thank you to mentors, customers, colleagues, and other stakeholders keeps leaders humble, appreciated, and well received. It also makes you feel great! Donor's Choose studied the value of a hand-written thank-you note, and actually found donors were 38% more likely to give a 2nd time if they got a hand-written note!

The Golden Rule: Above all else, treat others as you’d like to be treated

By showing others the same courtesy you expect from them, you will gain more respect from coworkers, customers, and business partners. Holding others in high regard demonstrates your company’s likeability and motivates others to work with you. This seems so simple, as do so many of these principles — and yet many people, too concerned with making money or getting by, fail to truly adopt these key concepts.

Best Business Moves from Breaking Bad

Walter White's 5 Most Badass Business Moves in 'Breaking Bad'

August 8, 2013

URL: http://www.entrepreneur.com/article/227744

Slide 1 of 5

Walt intimidates Tuco

In the first season, Walt's partner in the meth business, Jesse Pinkman, has a line on a major buyer for their product who could take their business to the next level. Unfortunately, the buyer, Tuco Salamanca, is a psychopath who refuses to pay upfront for the product and beats Jesse so badly that he winds up in the hospital. Walt, who previously wanted nothing to do with the distribution side of the business, is forced to confront Tuco himself, adopting the pseudonym "Heisenberg."

When Tuco laughs off his demand, Walt detonates a chunk of fulminated mercury, which Tuco mistook for meth, blowing out the top floor of the drug dealer's headquarters. Impressed as much by Walt's "balls" as by his high-quality product, Tuco agrees to buy two pounds of meth a week from Walt and Jesse.

Lesson: Sometimes you have to do things yourself instead of delegating. And when pitching an important client, don't take no for an answer.
 

Slide 2 of 5

Walt delivers the goods

In the second season, Walt and Jesse's crooked lawyer, Saul Goodman, puts them in touch with a major distributor named Gustavo Fring. Fring has doubts about Jesse, who is in a downward spiral from drug use due to a friend's death at the hands of rival drug dealers. Nevertheless he offers to buy a few dozen pounds of Walt and Jesse's meth for $1.2 million, but gives them only one hour to deliver the goods.

Walt rushes to Jesse's house, where the drugs are stashed, only to receive no answer when he rings the doorbell and calls Jesse's phone. He breaks in and finds Jesse and his girlfriend catatonic from injecting heroin. He manages to rouse Jesse long enough to find out where the meth is hidden. While scrambling to meet Fring's deadline, Walt learns via text message that his wife, Skyler, is about to give birth. With no time to spare, he makes the hard choice, earning the $1.2 million and missing the birth of his daughter.

Lesson: Make sacrifices when necessary to meet your stretch goals -- although you should probably be present at the birth of your child.
 

Slide 3 of 5

Walt protects Jesse

In the third season, Jesse discovers that Tomás, the kid brother of his new girlfriend, is the one who killed his friend. The boy is being used by drug dealers who work for Gus Fring. Jesse announces a rash plan to murder the dealers in revenge. Walt advises against it, but is rebuffed.

He goes to Gus, and together they organize a reconciliation between Jesse and the dealers. Gus says he will stop using children in his criminal enterprise. But then Tomás is found dead, apparently murdered by the dealers. Jesse goes to confront them, gun in hand. Just as a shootout is about to begin in the middle of the street, Walt appears out of nowhere, smashing into the dealers with his car. He kills them both, one in the collision and the other with the dealer's own gun, while Jesse looks on, not believing his eyes.

Lesson: Have your partner's back. Be there when the strain of work gets to be too much for him or her.
 

Slide 4 of 5

Walt blows up Gus

Walt's relationship with Gus deteriorates in the fourth season following his murder of the dealers. Gus, however, is forced to keep him around as a chemist while he grooms Jesse, now clean and sober, to replace him.

Matters with Gus grow desperate when the drug lord informs Walt that he is going to eliminate Hank Schrader, Walt's brother-in-law who is an agent with the Drug Enforcement Administration [DEA], and that he will kill the rest of Walt's family if Walt intervenes. Scared for their lives, Walt forges an unlikely alliance with the wheelchair-bound Hector Salamanca, Tuco's uncle and a once-powerful member of the Mexican cartel who is a blood enemy of Gus.

Together they trick Gus into believing that Hector is informing on him to the DEA. When Gus shows up at Hector's nursing home to kill him personally, he encounters Walt's surprise: a pipe bomb rigged to Hector's wheelchair. The resulting explosion kills both men, after which Walt storms into the meth lab where Gus's henchman are holding Jesse and frees his partner. They burn down the lab to destroy any evidence. When the dust settles, Walt stands alone as heir apparent to Gus's criminal empire.

Lesson: Think creatively and form alliances to stay ahead of the competition. Eliminate rivals before they eliminate you.
 

Slide 5 of 5

Walt gets away

In the fifth season, Mike Ehrmantraut, formerly Gus's right-hand man, becomes an equal partner in Walt and Jesse's meth business following Gus's death and the freezing of Mike's assets. But he and Jesse, alarmed by Walt's growing volatility and callousness, soon decide they want out. Mike sets up a meeting with a distributor who is willing to buy them out of the meth trade for $5 million apiece. But Walt refuses the deal, preferring to continue cooking.

Mike takes matters into his own hands; he zipties Walt to a radiator so that he can sell their entire supply of raw materials for $15 million without the other man's permission. But Walt frees himself, stripping electrical cord with his teeth and sparking the wires to burn through the ziptie, badly scorching his flesh in the process. Earlier in the episode, after Jesse asks, "Are we in the meth business or the money business?" Walt answers: "Neither. I'm in the empire business." Only now do his partners see just how far he is willing to go to keep his throne.

Lesson: Decide what business you want to be in. And don't let anyone stand in your way as you move forward.