That’s mostly true, but all else being equal (i.e., if your execution is the same), which idea you choose actually matters a great deal.
Over at The Sparkline, we just heard from James Davis, who started two businesses at the same time. One business (about running a summer camp) earned $20k, while another (about fantasy sports) is at a $250k annual run rate. And the kicker is, he spent more energy on the summer camp business. Read more: How Two Fantasy Sports Fans with No Technical Skills Built a $250,000 Per Year Business »
Ideas aren’t worthless, they’re a multiplier of execution. …
I used to think it was a silly waste of time to think about a vision for my life. Who does that? It seems to touchy-feely, too Tony Robbins-ish.
But then, as I started learning how to change my life and my habits, I realized something: people avoid creating a vision for their lives because they believe the exercise is futile. Why make a vision when it’s impossible to accomplish those things anyway?
I’ve also noticed something over the past several years: the most interesting, accomplished people I know all have a vision for their lives. …
Personal branding means marketing yourself and your career as a brand. You become a brand.
Oprah, Richard Branson and Martha Stewart are all examples. Oprah could have called her show “Talk Time.” Instead, she became the brand. Personal branding and regular branding can be used together. Jay-Z is a brand; he also owns the Rocawear clothing line.
Opportunities: career, business, relationships, recognition. Your personal brand will help you stand out.