I read this piece during the weekend of 6/7/14. I like it so much that I shared it with some of my friends today when I went back to the office.
I told them “I just shared this article with my daughter. I told her ‘You are not twenty-somethings yet, but they are good habits to start having.’ Not sure if she will read it. Still. There is only this much that parents can do with their children. We’ll just do as much as we can while they listen.”
The article “Effective habits to cultivate as enterprising twenty-somethings” lists the following good habits. Below is pretty much a copy of the article.
(1) Read every day
(2) Experiment & launch every week
Get something out the door once every few days. Build and launch, do it quickly while using some intuition to guide you.
(3) Explore your areas of talent
Are the businesses you involve yourself in within your range of passions and talents or are you beating away at something you won’t be able to continue with when things get hard. Working within your element is important not only because you know more about what you’re working on but also because you will feel excited every day to get to work.
(4) Keep your house in order
Stop putting off the small things. Every hour of the day shouldn’t be devoted to business and working. Spend time to clean up the house, keep track of your finances, your relationships and all of those other things you’re building a business for in the first place. If you don’t take care of the little things, they pile up and come back to haunt you, and potentially kill you.
(5) Work out
Exercise, and the lack of, has a huge effect on your health, ability to think clearly and how happy you feel overall. Not to mention, it will improve many other areas of your life… In short, working out will give you the state of mind to stay balanced and clear about what you’re doing.
(6) Save every cent you can
Some day you’ll want to quit your job and work full time on your business. When that happens there is no guarantee you’ll be making mad cash or totally financially stable. Save every cent you can. Set up a few accounts, investments and start throwing money in there every week. This changes your overall outlook on how much you actually need your job and if you can take the risk of pursuing your business full time.
(7) Find more reasons for what you’re doing
Money is a great motivator. But what will that matter if you’re too old or busy to ever enjoy it and explore your life while you’re still fairly young.
My motivator is money as well. However, maybe even more is wanting to travel, be free from a job and enjoy more things while my wife and I are young. Nice cars and big houses don’t need to even be a part of the picture. More than anything, I’m looking for freedom to do what I love while making money and creating value for other people.
(8) Be a strategy builder and problem solver
Just launching random crap without thinking will cause you to run into the same mistakes over and over again. Maybe without learning anything.
The world pays problem solvers everything. Everything we pay into is to solve a need, problem or urge. Problem solvers make life easier and, if they’re smart, get paid for it.
(9) Don’t waste your youth
Maybe another motivator to work hard, get things done right and set yourself up is that twenty years makes a big difference. More importantly, what you do with that time.
My parents are going to retire with almost nothing. A small pension and an outstanding mortgage. How different would things be if they would have saved a little more money for those forty years, gotten better careers and knew what they actually wanted?
Doing these things now saves you a lot of pain later. So many twenty-somethings waste the most critical decade of their lives doing absolutely nothing that they’ll care about five years, months or even weeks from now.
Be smart and work hard.