Why you should become a Mastermind

Written by Leonard J. Roos


Have you ever wondered whyrepparttar head of a company gets paid so much more than for example, specialists inrepparttar 106348 company such as an engineer? Is it because he knows every job inrepparttar 106349 company? No I don't think so. He may have a general idea about what is going on in every department but that usually is it.

I believe it is because he knows or is supposed to know how to lead, organize, manage and bring together, different units to efficiently function as one. I call such a person a mastermind and I believe that anyone can become one.

As a mastermind you don't need to know everything about a company or an area of business you wish to venture in. A little bit is helpful but not necessary.

People think to become spectacularly successful you need to be highly educated or a genius. I will show you in this short article that you don't need either to become successful beyond your wildest dreams in any area you may choose.

Let me give you a real-life example of someone who didn't know everything yet achieved a lot in many different areas. I'm sure you've heard of British billionaire Sir Richard Branson. One ofrepparttar 106350 first ventures that Branson got involved in wasrepparttar 106351 music industry. Was he a musician? No! Did he know howrepparttar 106352 music industry worked? No! He didn't know much aboutrepparttar 106353 music industry except perhaps that there was a lot of money to be made.

Branson started Virgin Records and made a lot of money in a short time. Next he launched an airline called Virgin Atlantic. Following this Branson launched a number of other ventures including a soft drink, Virgin Cola, as well as Fitness clubs. Did Branson know a lot about these industries he got involved in? The answer is again no!

So asrepparttar 106354 example of Sir Richard Branson clearly illustrates, you can venture into virtually any industry and make a success of it without knowing too much about it. All you need isrepparttar 106355 ability to identify needs and to capitalize on them coupled with a fervent desire to succeed.

Free Agent Realities

Written by Paul Bednar


Free Agent Realities Copyright 2002 Paul Bednar

When you jump intorepparttar free agent arena, it doesn't take long to figure out a new set of rules and expectations exist. Those who know and embrace these new realities thrive. Those who are either not aware or ignore them fail.

Here is a list of 5 realities that are critical torepparttar 106347 success of any free agent.

1. A different skill set is required

No longer is it enough to only know your area of expertise. That's for employees. As a free agent, you need something different. You need a new skill set that has both technical expertise andrepparttar 106348 knowledge to run a business. Most people do not have any trouble withrepparttar 106349 expertise aspect but have significant difficulties withrepparttar 106350 business functions. Some ofrepparttar 106351 necessary business skills are:

* Marketing

* Writing proposals

* Giving effective presentations

* Managing finances

* Adhering to various state and federal rules and laws

You have to be committed to continuously learning a lot of information and comprehending it within a short period of time. If you would rather have a company to look after you and provide structure, you should stick to your current job.

2. Cash flow isrepparttar 106352 name ofrepparttar 106353 game

This isrepparttar 106354 most important component of being a free agent. Cash flow refers torepparttar 106355 amount of money that "flows" through your business. It replaces your paycheck. The first part of cash flow isrepparttar 106356 "cash" orrepparttar 106357 money you receive from clients for work you perform. If you do not have any clients, you will not receive any money. If you do not receive any money, you will not be able to pay your bills.

Next isrepparttar 106358 "flow" aspect. If your monthly bills are more than your monthly income, you have a negative cash flow. If your monthly income is more than your monthly bills, you have a positive cash flow.

It doesn't take a rocket scientist to figure out thatrepparttar 106359 length of your free agent career depends on whether you have more months of positive cash flow instead of negative cash flow.

3. Your reputation is vital

As an independent worker, you no longer haverepparttar 106360 financial might of your employer or their marketplace creditability as support. When you were an employee and would mention your company's name at a family or social gathering, people were "impressed" because it was something they could relate to. Also, you could feed off your company's reputation. Unfortunately, people are easily impressed with job titles and big buildings.

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