D.I.Y. Meditation: A Step-by-Step Guide at DARK RYE’s Ritual Issue
Not everyone can run a marathon or even half a mile. Not everyone can make delicious homemade gluten-free muffins using only locally sourced ingredients. But everyone can meditate, and you should try it, too. Why? Because it’s an activity that you can do sitting down while wearing your most comfortable pants. Also, it will help you be the best version of yourself. Guaranteed.
Do you meditate? Many entrepreneurs swear by meditation and simple breathing techniques to get them through the stress of building a company.
Yahoo Buys Tumblr and Promises “Not to Screw It Up”
All Things D broke the news that Yahoo bought Tumblr for $1.1 billion this morning.
Tumblr CEO David Karp wrote in his memo that “Yahoo is the original Internet company, and Marissa and her team share our dream to make the Internet the ultimate creative canvas.” Click here to read Karp’s full memo and Yahoo’s announcement on All Things D.
We look forward to seeing what this partnership does for both companies!
(via Yahoo Buys Tumblr and Promises “Not to Screw It Up” - Peter Kafka - Media - AllThingsD - Image source)
My art teacher in college told us about a reporter who asked Picasso why he chose to paint. His response was, ‘That is a silly question; why does a bird fly?”
That is exactly how I feel as an entrepreneur. I do it because I have to do it. It’s who I am.
—Rob Honeycutt of Timbuk2 on what motivates him to be an entrepreneur and why he will never retire.
Read more of OPEN Forum’s exclusive Q&A with Honeycutt.
Stay Hungry: 3 Ways to Reawaken Your Entrepreneurial Drive on OPEN Forum
The tedium of owning a business can get to even the most die-hard entrepreneur. Use these tricks to get your passion back and be re-inspired.
1. Value Trivial Motivations
2. You, Here and Now
3. “Stay Hungry, Stay Foolish!”
Click here to read more on these suggestions to help re-start your business drive and invest your heart and soul into every project and task.
(via Stay Hungry: 3 Ways to Reawaken Your Entrepreneurial Drive | | The New OPEN ForumThe New OPEN Forum)
This image is not what The Startup Curve looks like according to Paul Graham and Fred Wilson, VC and principal of Union Square Ventures.
“To all those entrepreneurs whittling away in their offices trying to find out when to release their product to the market, I say “get on with it”. You are going to have to go on the roller coaster ride at some point. Might as well start now.” - Fred Wilson
(via A VC: The Startup Curve)
Click here to embiggen (see full infographic)
With so many mom and pop shops opening, and then quickly closing, the way to win in small business is endurance and outlasting the competition. This infographic provides data on the longevity of small businesses and how your business can live into it’s old age.
(Via Intuit)
6 Mistakes That Are Costing You Sales on OPEN Forum
Your skills aren’t holding you back from making big sales. Your low emotional IQ is. Here are the six mistakes you’re making:
Mistake 1: You don’t make an emotional connection.
Mistake 2: You talk too much.
Mistake 3: You lack self-awareness.
Mistake 4: You can’t adapt.
Mistake 5: You’re not authentic.
Mistake 6: You lack humility.
Are you making these mistakes? if so, read more on how you can right these wrongs and increase your sales.
(via 6 Mistakes That Are Costing You Sales | | The New OPEN ForumThe New OPEN Forum)
good:
Turns Out Bike Lanes Are Really Good for Local Business
- Meghan Neal wrote in Business, Transportation and CitiesGood news for bike activists: Making a safe place on streets for cyclists (and pedestrians) boosts sales for the small businesses in the area.
This according to a recent report from the New York Department of Transportation. The study found that on commercial blocks where new bike lanes were built, the businesses saw a nearly 50 percent increase in sales.
Join us for our Fix Your Street Challenge on the last Saturday of May. Click here to say you’ll Do It and be sure to share stories of transportation innovation all month.
With Citi Bike launching in NYC, we are happy to hear that new bike lanes increase sales for small businesses!
If you don’t have a competitive advantage, don’t compete. — Jack Welch, American business executive, author and former chairman and CEO of General Electric.
The 99% Success Formula on Inc.com
1. Know where you’re starting from (A).
2. Know where you want to be (B).
3. Build a plan to get from A to B.
4. Take massive action based on that plan.
5. Observe whether you’re closer to B.
6. If the plan is working, double down on step 4.
7. If the plan isn’t working, go back to step 3.