Most people reading this blog will have heard of Tim Ferris. Best-selling author of the 4 Hour Work Week, The 4 Hour Chef and The 4 Hour Body. Angel investor in and/or adviser to a host of companies including Facebook, Uber, Twitter, StumbleUpon, Evernote and others…
Ferris has been described by New Yorker Magazine as ‘this generation’s self-help guru’ and as ‘today’s equivalent of Napoleon Hill.’ (Remember him? The author of the first self-help book any of us ever read.)
But Ferris is also accused of manipulating his 5* reviews on Amazon, he’s Wired Magazine’s ‘Greatest Self-Promoter of All Time’ and The 4 Hour Work Week has been described by one reviewer as “A disquieting insight into the world of the 21st Century snake-oil salesman.”
But whatever your view on Tim Ferris, one thing is undeniable. He is hugely quotable. Like anyone who’s quoted extensively, there are plenty of clichés in the collection – but there are also some seriously valid points.
I’ve picked out four (an appropriate number!) which both underline the perennial themes running through this blog, and which are highly relevant as we finally get Christmas out of our systems and focus on our goals for 2016.
Here’s the first one:
For all the most important things, the timing always sucks. The stars will never align and the traffic lights will never all be green at the same time. The universe doesn’t conspire against you, but it doesn’t go out of its way to line up the pins either. ‘Someday’ is a disease that will take your dreams to the grave with you.
How many times have I written that – or words to that effect? There’s never a perfect time to get married, have children, quit your job or start your own business. Neither is there a perfect time to expand your business or – ultimately – sell your business. As Ferris says, ‘Just do it and correct course along the way.’
He’s backed up by that other great business guru of our age – Tony Soprano. “A wrong decision is better than indecision.” Spot on, boss. A wrong decision can be acted upon and corrected. But as Ferris says, indecision takes you and your dreams to your grave.
What we fear most is usually what we most need to do.
A person’s success in life can usually be measured by the number of uncomfortable conversations he’s willing to have.
OK, I’ve cheated slightly by treating these two as one quote: I’ve allowed myself some leeway as they’re so similar.
How many times have you come into the office, looked at your to-do list and seen one job screaming at you? One job that’s metaphorically in 72pt font bold? That’s the job you absolutely need to do – and yes, it may very well involve an uncomfortable conversation.
What’s your to-do list look like two hours later? Fantastic. Loads of jobs crossed out. Except for the one in 72pt bold – the one that would really make a difference to your day/week/month/year. And what was Mr Soprano reading last time I re-watched an old episode? Feel the Fear and Do It Anyway.
If you are insecure, guess what? The rest of the world is too. Do not overestimate the competition and underestimate yourself. You are better than you think.
I often think back to my ‘first big sale.’ “Yes you can, Ed,” my sales manager said to me. ‘No, I can’t,’ I thought. This was a serious client: I’d only been in the job six months. It would be a two hour grilling. Complex, technical questions that I’d struggle to answer.
You know what happened. My competitors were no better than I was. He asked less difficult questions than almost any other client I’d met. I was in and out in no time. “Will you deliver?” “Yes.” “Will you look after me?” “Yes.” We shook hands.
‘Bigger’ never means more difficult or more complex or ‘you’re not worthy.’ It just means ‘bigger.’
Remember – boredom is the enemy, not some abstract ‘failure.’
Over the years I’ve seen so many people running businesses make mistakes because they were bored. Tim Ferris is absolutely right: boredom is the enemy. Now, more than ever, you can’t stand still in business. As the world swirls around you your business has to change and move forward – and you need to be constantly challenged. Beware the temptation to stand still; to think, ‘we’re in a good place, let’s consolidate.’ Boredom will inevitably follow – as will mistakes, both personal and professional.
Fortunately, there’s an antidote. I refer, of course, to your colleagues round the TAB boardroom table. A group of people that will most certainly challenge you, and who’ll give you courage – to do what you fear most, and to go through a few lights that may not be green.