7 Lean Marketing Laws For The Inspired Entrepreneur

The following laws will provide guidance on how to act,
think and work in a lean way. You can apply these laws to
all areas of your life, work and business to get bigger
results from the time you invest.

1. Multiple Rewards
Aim to be rewarded multiple times for a single effort. Money
can be recovered but time cannot. Time gets spent. You can't
put it in a bank and you can't earn more of it. Wherever
possible, you should look for ways to get paid/rewarded
multiple times for each hour you invest. You will never
be truly independent if your income comes from your own
time and labour so package your knowledge as a product.
Once you have aproduct you can sell your packaged
time again and again.

2. Mistakes Are Gifts
Mistakes are nothing more than "Learning Opportunities".
The best way to learn more and grow more is to make more
mistakes. Mistakes are unavoidable when you're learning so
adopt a ready, fire, aim approach to decisions and learn as
you take action. If it doesn't work you can easily make
another
decision to put things right again.

3. Know When To Stop
Be prepared to stop what you're doing. Take stock and try
something different. Don't let pride, fear of ridicule or
ego get in the way of good judgement. When a mission is
over, learn from it and move on.

4. Use Your Levers
Do the little things that make the biggest difference.
Aim for maximum impact with minimum effort. Focus will help
but there are other forms of leverage too. Here are just
two.

OPT - Other People's Time. Don't be afraid to ask for help.
You don't have to do it all yourself. Use your network. Ask
and you shall receive. Give and you shall get.

Recycle - Learn to recognise value in everything you do.
Turn your ezine into a book and sell it. Write your words
of wisdom down and share them.

5. Don't Be Busy - Be Effective
Don't waste your hours simply being "busy". Being busy does
not cause you to be wealthy. So don't be busy - be
effective.
Remember the 80:20 rule. Typically 20 per cent of the things
you do will be responsible for 80 per cent of the results
you get. So focus on the 20 per cent that gets the result.

6. Always Look For The Easy Route
If there's an easy way to do something and a hard way - take
the easy way first. I call this "inspired laziness"

7. Measure Progress By What You Reap
The only truth is the result. Doing lots of things is not
the same as achieving lots of things. Measure progress by
your outcomes not your inputs.

4 Out Of 5 Small Businesses Go Bust
Inside 5 Years! Finally - A Guaranteed
Way To Make Sure You're Not One Of Them...
http://www.leanmarketing.co.uk/toolbooks

In The News:


East Lansing looks for the civic-minded
Lansing State Journal, MI - 16 hours ago
... with Michigan State University and neighboring communities, the council-city manager form of government, conflict resolution and entrepreneurialism. ...

The Business Limitations To Entrepreneurialism
Gather.com, MA - Jun 25, 2008
by Nazeer D. From a business perspective, entrepreneurialism is vital to commercial success and the health of the economy. We need individuals with bags of ...

Quitting Employment For Business
Gather.com, MA - Jul 3, 2008
In the spirit of entrepreneurialism, giving up your job to start your own business is a risk, but provided you have a business idea and the ability to bring ...

MLive.com

Terry Duperon: Innovation is an innate skill
MLive.com, MI - Jul 3, 2008
It is in all of us to do so. Terry Duperon is president of Duperon Corp. in Saginaw and a speaker, author and educator on innovation and entrepreneurialism.

Top Ten Reasons Why America Rules
College Times, AZ - Jul 4, 2008
No other country in the world fosters innovation, ingenuity and entrepreneurialism as much as the US. 1. Freedom! Seriously, we are really fortunate to ...

KCM HOLDINGS CORP. (OTC:KCMH) Takes Another Step towards Becoming ...
Earthtimes (press release), UK - Jul 3, 2008
... public markets – a service we believe is intimately tied to supporting the lifeblood of entrepreneurialism in any economic condition and market trend. ...

Blogger Duperon inspires with entrepreneurial energy
MLive.com, MI - Jun 26, 2008
On the basis of his enthusiasm for entrepreneurialism, however, his company spun out an educational arm to train new entrepreneursin 2003. ...

Beautiful Advice to Live By
Success Magazine, NY - Jun 30, 2008
I refer to it as social entrepreneurialism. I spoke at the UN this past summer [2007] with a group of young people from all over the world on social ...

Booker T. Washington
Acton Institute, MI - Jul 2, 2008
And the best way to do this, he argued, was to encourage business, industry, and entrepreneurialism, and not through political agitation. ...

Sempra Energy Exec Named New CCTA President
Multichannel News, NY - Jul 1, 2008
... on the attributes that reflect our industry—honesty, integrity, entrepreneurialism, innovation and a commitment to ‘giving back’ to our communities. ...
entrepreneurialism - Google News


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