The Seven Habits of Highly Effective Mediocre People

“Choose Yourself” Seven Habits of Highly Effective Mediocre People

That guy submits a lot of articles here. Some of them are pretty good! But being the goddamn prince of link-bait titles leaves me with a sour taste. The problem with articles like these is that they're 2 parts enjoyable read, 7 parts snark and 1 part decent advice. It's not a bad article, but I'm certain you could get the same information across with just as much amusement while still toning down the Malcolm-Gladwell-esque linkbait-snark machine. A few things that stood out to me: This will block you from building and selling your business.

As far as I can tell, Larry Page has never failed. He went straight from graduate school to billions.

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Ditto for Mark Zuckerberg, Bill Gates, and a few others. But again, by definition, most of us are pretty mediocre. We can strive for greatness but we will never hit it. So it means we will often fail. I had never used a Windows-based machine. Only Macs and Unix machines. So I honestly had no idea how to put my CD into the computer and then view its contents.

And I had gone to graduate school in computer science. It was a done deal until I walked into his office. I left his office crying while he was laughing. I roll that way. Then I bought a Windows-based PC for myself and learned how to use it. Ultimately, life is a sentence of failures, punctuated only by the briefest of successes.

Part time storyteller, full time enthusiast.

The Seven Habits of Highly Effective Mediocre People. I'm pretty mediocre. I'm ashamed to admit it. I'm not even being sarcastic or self-deprecating. I've never. I'm pretty mediocre. I'm ashamed to admit it. I'm not even being sarcastic or self- deprecating. I've never done anything that stands out as.

Second , he learns how to deal with the psychology of failure. Mediocre entrepreneurs fail A LOT.

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So they get this incredible skill of getting really good at dealing with failure. This translates to monetary success. My first successful business was making web software, strategies, websites for Fortune companies. Not an original idea but at the time, in the 90s, people were paying exorbitant multiples for such businesses.

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My successful investments all involved situations where I made sure the CEOs and other investors were smarter than me. The best ideas are when you take two older ideas that have nothing to do with each other, make them have sex with each other, and then build a business around the bastard, ugly child that results.

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The child that was so ugly nobody else wanted to touch it. And, by the way, it was about the fifth attempt at such a social network. Ebay, combine ecommerce with auctions.

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Combine Mariah Carey with Michael Jackson. I might even listen to it. I never go to tech meetups. I usually say no to very nice networking dinner invitations. I like to stay home and read. When I was running businesses I was often too shy to talk to my employees. But many people network too much.

Entrepreneurship is hard enough. And the buck stops here sort of thing. And then what are you going to do?

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Save that for the great entrepreneurs. Would it not be great if you could gauge the reactions of investors just by glancing at their expressions? Deciphering Body language may not be for everyone but if you stay approachable then people will open up to you be they employees or prospective investors.

Shradha Sharma

What is it you would like your family and friends to say about you? David Geschke marked it as to-read Mar 09, James Schipper marked it as to-read Oct 23, We are what we repeatedly do. Who is Jack Zuckerman?

Hiring talent - Someone once told me that great idea with a mediocre team will fail but a mediocre idea with a great team will inevitably succeed. The reasons are simple your idea is not a stagnant entity but grows with the inputs that are made to it. The better the caliber of the people who are making the inputs the better the end product will become…Hire smart responsible people, run background checks keep a close eye on your hires and that should do the trick.

Share success- An entrepreneur is only as good as the team that backs them up. Share the limelight with them whenever possible, make your team feel wanted and not as if they are slaving away for you for just a paycheck in a 9 to5. If they believe in your vision give them assurances that they are a part of it.

Sharing profits is great but sharing the limelight too is even better.

Friday Reads: “The Seven Habits of Highly Effective Mediocre People” by James Altucher

Here's an infographic by Funders and Founders on "10 signs of a likeable entrepreneur". Dear Reader, I hope this list of 7 Habits of effective Entrepreneurs helps you out a bit. I am sure I have missed out on many more, limited as I am by the numerical aspect of this article. Feel free to let us know which ones we missed….