| MAIN
Business
Small
Business They
Can't Eat You... Advice for Success
I started a business from scratch, did it without acquisitions, and developed
our own products. In the process, I came spooky close to losing everything I had,
and actually made the decision to lose it all rather than close Go
Daddy. Today, Go Daddy is the world leader in new domain name registrations, and
has been cash flow positive since October 2001 (not bad for a dot com). As of
this writing, I continue to be the only investor in Go Daddy. Throughout
all of these life events, I came to accumulate a number of rules that I look to
in various situations. Some of them I learned the hard way. Others I learned from
the study of history. I know they work because I have applied them in both my
business and personal life. And
one more thing. Ive read many times that original ideas are rare indeed.
This is particularly true when it comes to the rules herein. I cant imagine
that any of my rules represent new ideas. My
contribution is that Ive assembled these ideas, put them to work in my life,
and can attest -- that more often than not -- they hold true. While
I put my 16 rules together in response to a business question, I've been told
by others that they can be applied to almost any pursuit. Here
are the 16 rules I try to live by: 1.
Get and stay out of your comfort zone. I believe that not much happens of any
significance when were in our comfort zone. I hear people say, But
Im concerned about security. My response to that is simple: Security
is for cadavers. 2.
Never give up. Almost nothing works the first time its attempted. Just because
what youre doing does not seem to be working, doesnt mean it wont
work. It just means that it might not work the way youre doing it. If it
was easy, everyone would be doing it, and you wouldnt have an opportunity. 3.
When youre ready to quit, youre closer than you think. Theres
an old Chinese saying that I just love, and I believe it is so true. It goes like
this: The temptation to quit will be greatest just before you are about
to succeed. 4.
With regard to whatever worries you, not only accept the worst thing that could
happen, but make it a point to quantify what the worst thing could be. Very seldom
will the worst consequence be anywhere near as bad as a cloud of undefined
consequences. My father would tell me early on, when I was struggling and
losing my shirt trying to get Parsons Technology going, Well, Robert, if
it doesnt work, they cant eat you. 5.
Focus on what you want to have happen. Remember that old saying, As you
think, so shall you be. 6.
Take things a day at a time. No matter how difficult your situation is, you can
get through it if you dont look too far into the future, and focus on the
present moment. You can get through anything one day at a time. 7.
Always be moving forward. Never stop investing. Never stop improving. Never stop
doing something new. The moment you stop improving your organization, it starts
to die. Make it your goal to be better each and every day, in some small way.
Remember the Japanese concept of Kaizen. Small daily improvements eventually result
in huge advantages. 8.
Be quick to decide. Remember what the Union Civil War general, Tecumseh Sherman
said: A good plan violently executed today is far and away better than a
perfect plan tomorrow. 9.
Measure everything of significance. I swear this is true. Anything that is measured
and watched, improves. 10.
Anything that is not managed will deteriorate. If you want to uncover problems
you dont know about, take a few moments and look closely at the areas you
havent examined for a while. I guarantee you problems will be there. 11.
Pay attention to your competitors, but pay more attention to what youre
doing. When you look at your competitors, remember that everything looks perfect
at a distance. Even the planet Earth, if you get far enough into space, looks
like a peaceful place. 12.
Never let anybody push you around. In our society, with our laws and even playing
field, you have just as much right to what youre doing as anyone else, provided
that what youre doing is legal. 13.
Never expect life to be fair. Life isnt fair. You make your own breaks.
Youll be doing good if the only meaning fair has to you, is something that
you pay when you get on a bus (i.e., fare). 14.
Solve your own problems. Youll find that by coming up with your own solutions,
youll develop a competitive edge. Masura Ibuka, the co-founder of SONY,
said it best: You never succeed in technology, business, or anything by
following the others. There's also an old Asian saying that I remind myself
of frequently. It goes like this: "A wise man keeps his own counsel." 15.
Dont take yourself too seriously. Lighten up. Often, at least half of what
we accomplish is due to luck. None of us are in control as much as we like to
think we are. 16.
Theres always a reason to smile. Find it. After all, youre really
lucky just to be alive. Life is short. More and more, I agree with my little brother.
He always reminds me: Were not here for a long time; were here
for a good time. A
special word of thanks. I owe a special thanks to Brian Dunn. When I first
wrote these rules down and was thinking about compiling them into a book -- that
book, like most books I suppose, has been half-done for a while :); -- Brian read
them and suggested a title. His suggestion was, They Cant Eat You.
I like Brians suggestion for two reasons: 1. It reminds me of my Dad. I
sure miss him; and 2. Its true. No matter how difficult things get, you're
going to be OK. It's very important to realize that. Thanks, Brian. About
the Author... Bob Parsons is the founder and President of
Go Daddy.com
The above
article is included with the permission of Bob Parsons (http://www.bobparsons.com)
-
Copyright 2005 Bob Parsons. All rights reserved.
also
see -> Business
Start Ups
|