What is the key to happiness?…
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Bal’s Friday Thought…
Where would you rather cry….?
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Are you Failing or a Failure?
Last week, I was listening to some great people talk about ‘mindset’. How important it is…. to have the right mindset.
Our brains are programmed in such a way, it can be difficult… or take time to re-programme them. Because our influences… years of thinking in such a way… programme the brain in such a way.
But if you can realise you’re programmed in such a way… you can re-programme. Just like a computer. Just like how you update your mobile phone. You need to update your thinking.
I saw this, and thought it was very powerful…
So what is the difference between failing and being a failure? It comes down to you mindset.
You have to think differently when you are failing.
Easier said than done.
You’ll go through the change curve. However, it’s how you understand the problem. Understand the failure…. let it be clear it’s an event… one moment in time, most importantly… an opportunity to learn from.
I’ve done plenty of things in my life – at the time, my mind said… i’m a failure. But quickly… as time passes… I realise, it was just a moment.
For example… I was at Kodak, and I was on a project. We had to bring a new manufacturing line, that wrapped boxes from Bologna, Italy. My job was to ship some samples over to the factory to make sure we could test it in Italy, before it got shipped over.
So, I did as I was told… got some samples, shipped them over, with the correct address, marked for my attention. I even rang the factory, told them these samples are coming and to leave them to one side… they said sure (in Italian).
We got there… and this was my first work trip abroad.
Got to the factory… all excited… my boss asks, where’s the samples? – i’ll get them. I ask the factory manager, bring the samples over. He says, what samples?
At that moment… time stood still.
“The ones I told you about.. that were arriving”….. he stood there looking at me. “Oh, we didn’t receive any”. To my amazement… “what?! – and you didn’t tell me?!”
So at this point, i’m stood, in Italy, with my boss, on my first work trip, first major project… and I’ve failed. I’m a Failure.
I explained it to my boss… he was a really nice guy. He said, let’s figure this out… let’s trace them and where they could be.
Which we did, they were held at the local postal sorting office… needed a signature. So we sent someone, got it signed and in the afternoon, the samples were with us.
I learnt a couple of valuable lessons.
Believe you me… never have I let that same mistake occur again.
So.. remember about your mindset. How you’re thinking…
We’ll always make mistakes. But the key thing is to learn from them. It’s a temporary moment in life.
Usually, I do my ‘Throwback Thursdays’… on the first Thursday of the month. However, next Thursday… (3rd May)… is my birthday, so I won’t be publishing anything on my blog, as i’ll be taking the day off…
So, Bal… you’re now going to tell me, you’re friends with the boxer Amir Khan and want to share a conversation or two, you’ve had with him?
Yep 🙂
Back to a time, when I was at Amir’s gym in Bolton. Sitting in the ring, talking about boxing, cars and other things… but I don’t want to share all that… what I want to share is, how he’s taken time out, re-focused and come back!
Couple of things I wanted to relate what’s been happening with Amir and the business world.
- Things not really happening…
We know, it’s been a while since Amir had a fight. Good fight. And won it convincingly. And there’s a number of reasons for that…. there’s been a lot in the press about him… his family… his wife…. etc… and he sent tweets, which, maybe he shouldn’t have.
You could say, it’s been a difficult time.
Relating to business – this can happen. When things aren’t going your way. Customers leaving, business not going well… you, as the main person are not in the right frame of mind…. etc… so what do you do? – sometimes you need a break. Sometimes, you need to gather your thoughts. Go do something different. Go into the ‘jungle’… steal some strawberries and make new friends.
2. It’s all about the People
Amir has a new promoter. New trainer. And this has given him a new lease of life. He’s even said in an interview recently, how he’s doing things he didn’t know… or was not aware previously… he’s feeling refreshed.
Same in business. Have you got the right trainer? – I’ve spoken about mentors… Have you got the diversity in the team to make you think differently and/or get you doing things you hadn’t known or were previously aware of.
These are my main two points I wanted to share… from watching and seeing what Amir has been doing for a few years…
… wouldn’t it be great, for him… to have a match with Brook! Who knows… if he beats him, who could he face next?! – is he back… being bigger and better than before?
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A Million at 16….
I thought, it’s been a while since I’ve shared with you a good questions and answers interview.
So, I decided to reach out to someone young… someone rich… someone who’s made it… and someone who’s really helping others. I suppose, most importantly, someone you can learn from.
Dhillan Bhardwaj.
Started a clothing brand when he was 16. Making a million within a very short space of time. Had superstars such as Rihanna, Miley Cyrus and many more reach out to him…
So, I decided to ask him a few questions…. Enjoy!
- When you were younger, did you think you would be so successful? – and who has been your biggest influence on your journey?
When i was younger i was already told i would be working for the family. of which i didn’t enjoy at all. It was car mechanics, cleaning, just boring shit that i don’t think i really wanted to do for the rest of my life. So no i didn’t think i would be anywhere near successful with my own self. My influences were nobody, nobody knew what to do when i had the idea, clothing isn’t anyone’s strength in my family so they were pretty lost with it all lol. But my mum and dad used to guide me and advise me, most of the time i probably didn’t listen but i think it’s ok to break the rules.. sometimes. Oh and my sister was everything to me, my 4 sisters Kd. Rickee, Nikki & Monica helped me when i reached my peak when i started.
- What do you think is your biggest threat?
Myself, my mental mind is my biggest threat. I try and think positive as much as i can, be nice to everyone,always have good vibes. It takes a second to think or do something wrong and then everything is left in your hands. People assume other brands threaten me in the industry, but i don’t have time to think about other people. i stay in my own lane and do me, im way to busy to think about what someone is doing. I know for sure i have inspired a huge amount of start up brands because they use my ideas and designs. But they won’t credit me, i dont mind i just think with that kind of attitude, don’t expect to go far.
- How has technology helped you and your brand grow?
When i started it was amazing, it was free to use. but now you have to make Facebook etc for your posts to be seen by everyone who follows you, which is shit because people can’t afford to do that which is why a few brands fail. SOCIAL media is everything to a start up brand.
- If starting again, what would you do differently?
nothing. if i made changes maybe i wouldn’t be where i am today.
- For all those, who look up to you… and want to learn from you… what is the one bit of advice you would provide them with?
you’re gonna get rubbish days, weeks maybe months. Don’t let that stop you from reaching your goal. It takes alot of time. Stick with it and success will come your way.
Wow!… what a guy. Hope you enjoyed it… and are able to take some of the great insights that were shared!…. For me, it’s the last one. Stick with it and success will come…
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Bal’s Friday Thought…
0-100…. real quick.
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How many sacrifices have you made?
I was talking to a start-up, last week… whom shared with me, that one of the core team members was giving up his job at Ikea to concentrate on the start-up.
That’s great news! – I said.
Then we had a discussion about… what is needed, to be successful.
There’s various elements – but it comes down to a few things. Which i’m not going to discuss here, but we did establish – being totally honest, there’s a minimum cost of living that’s required. A minimum amount of money they’ll need to make to survive. And they’ll make the necessary changes to their lifestyle to reflect that…
And, you know what… I believe them.
Now, not everything is going to be easy. I’ve known these guys for a year or two… and it’s not been easy. There’s been some ups… and some downs.
Bit like sport… some you win, some you don’t.
But the key thing is you learn.
People can teach you – but until it happens to you, until you actually experience it… then you’ll really appreciate it.
Now, i’m going to be honest. A little sad he’s leaving Ikea, was hoping to get a discount on a new home office desk I was looking at for some time.
But anyhow… it’s great that they’re focussing. And that’s the key thing here. Focus.
If you know what you want…. then you’ll most probably do anything, you can… to achieve it.
Take Elon Musk…. and this infographic… (did you know, he showered at YMCA and slept in his office!)
Sacrifices. That’s what it comes down to. What are you willing to give up… what are you willing to do… to achieve that dream of yours.
Now, i’m not suggesting you all start sleeping in the office… and showering at the local YMCA. But what I am suggesting is, look at the luxuries in your life… or look at the things in your life, that you’re willing to give up or do without for a short period of time, just so you can focus.
Focus and sacrifice. That’s what it comes down to. Ambition and passion.
I know this start-up will make it. Make it big. Because they’re a) very intelligent, b) have a great work ethic and c) have some really good ideas.
It’s to that point c… they’ll really achieve success. Because when you have an idea… you need time. You need time to develop, work and build on it.
If you’ve got various commitments, you can’t spend the time required. You can’t focus. You can’t win.
I’ve had a number of great ideas in the past. Some really good ideas. Some of them I put into action… and did really well. Some I put into action and… didn’t do so well. Some, I’ve written down… and waiting for the right time.
The right time for me? – well, when I can focus and spend quality time on the idea. Don’t want to rush it, don’t want to waste the opportunity. Will make a few sacrifices to work on them… but when i’m ready.
And that’s the last point I wanted to make. This start-up, have made all their decisions themselves. Amongst them, they’ve decided to reduce the numbers of the core team. They themselves have decided what they want to do… and how they want to do it.
So, do you have an idea? Want to work on it? – look around and think, what are you willing to sacrifice, in order to have time & money to spend on it.
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Bal’s Friday Thought…
… just a different animal.
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Are you like Ford or Rolls Royce?
I like cars. From my various Insta posts and Tweets… you may have noticed, I like cars. Fortunately, I have a new BMW… one of those new electric, 5 series.
Now, I do believe in ‘Progress over Perfection’. BMW have done a wonderful job in developing this car. This hybrid car. Part battery – part petrol engine. Definitely a step in the right direction to fully electric cars… like the i3 and i8 that is in the BMW range.
So this got me thinking – are businesses working with a similar mindset?
Every business is different. Every Organisation is different. Why? – because of what their customers want and what their customers expect.
For example, let’s take Rolls Royce… they’ve taken a while to bring out their 4×4 vehicle…
As the statement says – years of development… they are almost ready to launch the first Rolls Royce SUV.
Rolls Royce customers expect something that is of extremely high quality. Something that is very reliable and something that is worth the money they are paying for.
Let’s take Ford on the other hand…. Henry Ford (remember) wanted to bring down the cost of car ownership… and it’s very much, you could say, progress over perfection – which is absolutely fine.
Above shows the great progress Ford have made with the Focus car. Admittley, the first photo is a long time ago… but look at the serious development they’ve made.
And this is fine – you could get a new model, every few years – or when a new revised model, is released.
You could also think of it in terms of Whiskey and Beer.
Beer can be produced quicker than Whiskey. But then, beer can be consumed quicker… than whiskey. Whiskey drinkers take their time, enjoy it on the rocks, mix it… etc… where as beer… is well, beer. (Indeed, there’s craft beer… but the same principles apply).
But isn’t there a middle-ground, Bal?
Yes, yes there is!
It all depends on your customers, and what they want. Also, what you’re delivering.
Take BMW… and their new BMW 8 Series. The old one went out of production some time ago… and they’ve been developing, working… on a new one. And they’ve done a great job, by building some hype around it.
Once again, the people buying the 8 series, are not the type of people necessarily buying the 3 or 5 series.
And this is the point… understand your customers expectations and deliver accordingly. If anything… exceed, if possible, expectations. But only… if you’re able to. Otherwise, you may over-promise… and under-deliver.
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Bal’s Friday Thought…
Just sometimes…
