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Posted by: In: New Ideas 01 Aug 2010 0 comments

I spent the last few days at James Malinchak’s Millionaire Speaker Secrets event. During one of his presentations, he was making a point about how little actions can make a big difference. He shared this video, in which dentist Dr. Bill Dorfman (of Extreme Makeover fame) shaves his head for charity after raising $121,000 in donations for the LEAP foundation. James was also the one who called in the final donation that put them over the top on their goal. Little actions, either over time or at exactly the right time, can have a big impact. Do you stay on the lookout for big-impact opportunities in your life and business?

This also made a great lead-in for Darren Hardy’s talk about his new book The Compound Effect – definitely want to download the free excerpt and have a listen to the sample audio.

Becoming “slightly famous” isn’t a prerequisite for success, but it is one path to it, and social media has made it more accessible than ever before. I’m not saying it’s easy, but it’s available to anyone with a computer without a huge expense.

Author David Garland has interviewed some 200 entrepreneurs for his web and TV show, The Rise to the Top. He recently highlighted 13 unique entrepreneurs who have used online content via social media to build their brands and their businesses. If you’re interested in that as part of your path to success, I think you’ll find them both inspiring and informative:

1. Chris Brogan discusses how he built his business around his blog. (parts 2, 3 and 4)

2. Ali Brown started with an e-zine and shows us how she built a multi-million dollar empire.

3. Online influencer Sarah Evans shares the inside story of her rise.

4. Gary Vaynerchuk shares how he built, marketing and monetized Wine Library TV.

5. Youthologist Vanessa Van Petten shares how she built her Radical Parenting brand.

6. Personal branding specialist Dan Schawbel shares how he created his personal branding empire.

7. Founder of the extremely successful Small Biz Trends Anita Campbell shares her rise to the top.

8. Timothy Sykes makes over 1.3 million dollars a year blogging about investing. Here is how he does it.

9. Josh Shipp shares how he dominates the youth market as a speaker and content creator.

10. Adventure Girl Stefanie Michaels tells her story about how she has nearly 1.5 MILLION followers on Twitter and has built a brand around her love for travel.

11. Show host, entrepreneur and author Amber Mac talks about starting podcasts, shows and building her brand.

12. The founder of Duct Tape Marketing John Jantsch shares his rise to success.

13. David Heinemeier Hansson discusses how 37 Signals built a blog before a product.

Posted by: In: New Ideas 21 Jul 2010 0 comments

2543882652_36bc4cea78 The New York Times recently reported that physicist Erik Verlinde is causing a stir in the scientific community with his claim that gravity, seemingly the most obvious and ever-present physical force in our daily lives, is an illusion, “a consequence of the venerable laws of thermodynamics.”

Sure, it’s controversial now, but what happens when he proves it (to the extent that any theoretical physics can be proven)? What happens when one of the most fundamental concepts of our world view is stood upside down on its head?

And yet, this happens every day on the internet. With the accelerating pace at which technology and science are moving forward, what you think you know isn’t even reliable. Data from 6 months ago is irrelevant, except maybe to look good on a graph presented to investors. Planning beyond a few months (OK, maybe a year) is virtually meaningless, when you consider that the odds are good that a major competitor or even a game-changing disruptive technology may come into play within that time.

Consider this:

  • Amazon introduced the Kindle holiday season 2007. As of holiday season 2009, Kindle e-books outsold hard cover books on Amazon.
  • YouTube is now the #2 search engine on the web. It didn’t exist 6 years ago. It was acquired by Google for $1.65 billion less than 2 years after its launch.
  • Facebook now tops Google in weekly traffic. It added over 200 million users in the past year. If it were a country, it would be 3rd largest in the world. It’s been open to the general public less than 4 years.

Learning how to run a successful internet business isn’t something you’re ever done with, and you can’t run a successful business based on plans and data that’s several months old. Internet businesses now run in real-time. Put the tracking and analytics tools in place to give you a current view of your business, and put the monitoring tools in place to stay on top of the trends and technologies that potentially impact your business. Plan for change. Expect the unexpected and you won’t ever be taken by surprise, even when you find out gravity is just a theory.

Image credit: the mad LOLscientist