Embrace opportunities with limited downside, unlimited upside. The best deals are those where your risk of loss is predictable and fixed if things go wrong, while your potential gains are enormous if things go right. Take such deals whenever you can get them if the odds of success are halfway decent.
Steve PavlinaIf you donโt take the time to get really clear about exactly what it is youโre trying to accomplish, then youโre forever doomed to spend your life achieving the goals of those who do.
Steve PavlinaTreat your business relationships like friendships (or potential friendships). Formality puts up walls, and walls don't foster good business relationships. No one is loyal to a wall... except the one in China.
Steve PavlinaTo work effectively you need uninterrupted blocks of time in which you can complete meaningful work... I've found that a minimum of 90 minutes is ideal for a single block.
Steve PavlinaPour the bulk of your time into action, not deciding. The state of indecision is a major time waster. Don't spend more than 60 seconds in that state if you can avoid it. Make a firm, immediate decision, and move from uncertainty to certainty to action. Let the world tell you when you're wrong, and you'll soon build enough experience to make accurate, intelligent decisions.
Steve Pavlina