Lessons on turning 40
The next time I put pen to paper and flutter through my thoughts with you, I’ll be in a new decade of life, my years on this world will start with a 4!
I was certainly mortified about turning 30, but with this big birthday I have love and warmth - things are good.
The years of wisdom and experience are piling up on me like equity does in your house.
So what has 25 years in business taught me? (yes, I really did start at 15).
I thought I’d share my nuggets that I’ve learned along the way.
So here's some of them to tickle your taste buds.
What I Learned From a Billionaire
If you're choosing the path of an entrepreneur, you'll be a knowledge hunter with the best being exceptional at implementing that knowledge.
That’s the power of doers.
What I admire about successful people I meet is their ability to remain sponges for knowledge, regardless of the treasures and accolades they've won!
These titans never stop learning.
This week, that theory became a fact.
Moments Matter - In Life and in Business
I'm currently in Porta Pollenca celebrating my best mate's 40th birthday, and it's been wonderful.
Lying here in the Mediterranean sun, it's moments like these that remind me how beautiful life is.
We've been making incredible memories, filled with singing, dancing, and enjoying good food late into the night.
This got me thinking about how making memories can be a fantastic way for businesses to build strong customer loyalty.
Money Flows to the Path of Least Resistance
Money is much like water; it finds the path of least resistance.
In our case, as business owners and leaders, money ultimately means customers. The more customers we have, the more money we have.
I've also learned that getting customers to buy once is easy; getting them to repeat buy is the skill.
Repeat business is achieved by creating a great product that can be bought again with little resistance.
3 Reasons Amazon Keeps Beating Everyone
I was pondering a thought that often occupies my mind: the drive to constantly improve and expand.
Unlike many who grapple with imposter syndrome, my inclination has always been to strive for more, fueled by a strong sense of what I believe I can achieve.
This ambition, perhaps coupled with a healthy dose of ego and a lust for success, has served my businesses balance sheet well and earned me some thumbs up from my peers.
I've also consciously positioned myself in environments that nurture ambition and celebrate success.
Why I’m Frustrated (And What I’m Building Next)
I was pondering a thought that often occupies my mind: the drive to constantly improve and expand.
Unlike many who grapple with imposter syndrome, my inclination has always been to strive for more, fueled by a strong sense of what I believe I can achieve.
This ambition, perhaps coupled with a healthy dose of ego and a lust for success, has served my businesses balance sheet well and earned me some thumbs up from my peers.
I've also consciously positioned myself in environments that nurture ambition and celebrate success.
Making Big Decisions
I am off to China on a mega seven-day jaunt across the world’s second-largest economy. I’ll be covering more miles than Eddie Stobart.
These trips are exhausting both physically and mentally, just how I like it.
I can hear your brain cogs whispering, “Get this James Sinclair a doctor!”
My apple health app can’t even compute the steps I’ll do, the travelling to and from hotels, and sleep deprivation are akin to having a newborn.
Want More Profit? Focus on this simple metric
Ideas for these letters usually come from my thoughts throughout the week.
I never plan them; I prefer it that way.
This week, I felt compelled to write after experiencing frustrations from one of the KPIs I track in my business.
I was not happy; we didn't hit the mark.
This prompted me to discuss two related points that come together neatly, like a Yorkshire pudding on a Sunday roast!
Consistency Beats Genius (and tastes like an egg sandwich)
Swipe and Deploy: Become the Implementor
Touring is a regular habit of mine; it's made me millions.
To put it bluntly, I’m touring to steal other people's ideas and be inspired.
I watch in awe at those businesses that have made little 1% improvements, maintained consistency over the long term, and broken the status quo.
Momentum, Trust & Missed Deals: A Lesson on Time
Time kills deals and time in the game makes people do business with you.
Time is our most precious commodity.
Whether you are a prince or a pauper, we all have the same amount of time in a day.
How you use your minutes dictates your results in the pursuit of success in life.
Spending your time effectively leads to breathtaking results.
A £12M Loan, a Delayed Deal, and a Lesson in Resilience
Tough times make tough people.
My God, I have had a tough week. On the face of it, I have experienced some wins.
I secured some amazing deals and obtained funding for future projects.
The Power of a Written Goal (Jim Carrey Was Right)
I don’t know why it works, but it just does.
The other day, I looked at my Apple Notes section and scrolled down to reminisce on past thoughts from years gone by.
Thanks to cloud computing, a decade of collections is here for me wherever I choose to wander down memory lane.
My Relationship with Banks
It’s not your lack of resources; it’s your lack of resourcefulness.
This week, I was playing banking bingo.
Our organisation banks with numerous institutions and strikes deals with anyone that fits the criteria we’re looking for.
It's not that we want this many rendezvous with various banks; it’s just the way things are.
Banks - like people - have their idiosyncrasies and habits that we have come to understand.
Belief, Action, and Momentum
These three words represent, to me, the essence of all the successful people I encounter.
They form the basis of their thinking and DNA. For some of us, success comes naturally, much like those who can win at sports without breaking a sweat; others need to practice more.
The same principle applies to our minds: we can improve our thinking to gain a little more belief, action, and momentum.
How to know if a business model is good
A couple of compelling business models have come to my attention lately, and I believe they are worth sharing with you so you can adapt and implement my insights.
It’s essential to discuss why this is so significant first.
The hundreds of podcasts I have conducted have exposed me to the intimate struggles that entrepreneurs face in business.
A meeting with a Billionaire
This week has been another belter for me - I met a billionaire and had a thought.
Not just any thought, but another master theory in our quest to understand what it is that makes certain people more successful than most.
The thought, or theory, was so powerful that I want to dedicate this whole letter to it.
However, before I divulge further, it’s not every week I get cosy with a billionaire.
Does curiosity truly kill the cat?
Are ‘Isms’ the Entrepreneur’s Secret Sauce?
Are one or two, perhaps even three, 'isms' the key to cracking the code of success?
I believe they might be.
Do the personality quirks of a select few hold the essence of what gives successful individuals their edge?
I have an insatiable appetite for books and podcasts featuring those who have achieved greatness; these individuals often exhibit peculiarities.
Is it a coincidence? I think Not.
This week nearly broke me…
Good morning, the regulars of this scribe will know that last week there was a missing chapter from an otherwise perfect run of hits!
I apologise to you all; I was simply done.
I don’t mind admitting that this week I have been absolutely wiped out by an awful bug.
I felt so ill that I couldn’t sleep, all while keeping up with my duties at work. Devilishly difficult!
It’s during times like these that you find out whether you truly have responsibilities!
The one thing that will transform your business
Here’s a corker for you!
In all my years of working out this whole business game - the game I think we’re all trying to conquer.
I’ve discovered there’s one trick that moves mountains more than anything else.
Move over, Penn and Teller; I’ll show you how it’s done.
If you want to know it, stick around, sailor, and I’ll shine a light on my secret to success.
The Path Less Traveled
I keep seeing and hearing the phrase “a path less traveled.”
I encounter it in audiobooks, conversations, and podcasts. Funny how something can take over your personal zeitgeist.
Maybe it’s because I feel the strain of walking the less-traveled path that resonates with me; some days, more than others, I don’t want help or sympathy. I just wish the path could be downhill instead of up!