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Why Beating Entrepreneurial Burnout is More Important than EVER!

You must have gone through that stage in your life where you felt totally drained and exhausted. You’re almost there at the top. Your mind tells you to keep on going, but your body is too weak. You are physically and emotionally drained. You’re absolutely knackered and you feel totally helpless. Welcome, my friends, to burnout.

So, how do you beat burnout and get your life back on track?

First up, slow down and take stock of your life. You’re exerting too much of your energy and time working, but a lot of this energy actually goes to waste. It’s a fact that nobody is truly ‘productive’ after around nine hours of work in a day. So, pulling those huge fourteen hour work days is a) just plain crazy and b) pretty much a waste of time. You may not realize it, but a lot of the tasks that you perform, as a business owner, are actually unnecessary and your multitasking doesn’t make you more productive, as you think it might.

Working long, late hours doesn’t help at all. The main reason behind this is because it will fundamentally play havoc with your sleeping patterns. Depriving yourself of sleep has serious consequences. It’s time to change that bad habit of working late into the night until you tire yourself out. It takes conscious effort to get enough sleep every day, but you’ll eventually develop that good habit. Although you’ll have to work on it.

Why I Used to Work 300 Hours a Month!

I remember when I first set up my company, I would pull 13-14 hour days like they were a regular requirement. After all, I was the captain of the ship, and had to make sure that I was busting my balls each day to catapult the company to where I wanted it to be. However, when I sat down and calculated that I had worked close to 300 hours one month, it was like a light bulb went off above my head! Also remember the wisdom behind Tim Ferriss’ 4 Hour Work Week. So talk about a wake-up call (sleep – wake-up call, get it!?). I forced myself into a sleeping cycle that took around 3 weeks and 5mg of melatonin each night to finally level-out and feel ‘natural’ again.

Ask yourself if your goals are realistic and achievable? The pressure of setting yourself a goal and focusing on achieving it can lead anyone to burnout – especially if it’s not achievable within a reasonable time period. Break down your goal into small, but achievable units and work your way up slowly, but surely. Put it in black and white to help you keep track of your progress. Sooner or later, the goal will be achieved and you can move on to the next one.

Start to Achieve Work / Life Balance!

As busy entrepreneurs, its hard sometimes to not let yourself get burned out by letting your work affect your daily living. Achieve work-life balance and avoid burnout by establishing a clear boundary between your work and daily living. The reason why the Virtual Business Lifestyle is so achievable is because it gives you the chance to separate different locations from work and relaxation, etc.

Last tip – exercise. Physical activity is a great way to channel out excess energy. So, instead of picking up a copy of Fitness Monthly or Women’s Health, reading it and saying “I must get around to that, but I don’t have the time…”, MAKE THE TIME! You have to.

In closing burnout is a drag on anyone’s life, especially if that someone is the person in charge of running a small, but growing ship. You cannot expect the ship to sail safely and gradually pick up speed if the captain is too tired to focus on the horizon properly.

Have an awesome, productive, but above all, enjoyable week ahead everyone!

How to Identify a Professional Outsourcing Partner

Location: Starbucks, Cebu – Reading Time: 6mins

I’ve been getting a lot of email lately from people wanting a little more information on outsourcing, and more specifically the different ways to be able to outsource work, systems, processes – you name it. So, here’s a brief run-down on how to identify a good quality outsourcing partner.

If you’re an individual seriously looking into outsourcing life, or even a company owner that wants to offload some of your business routines, or perhaps even all of them, you basically have two pretty major options straight off the bat. One option is to keep things a little closer to home and chose to outsource to a domestically based company, in your own country. At first this might seem like the easier option – same time zone, same language, etc., however, the costing of this type of set-up isn’t going to be all that different than doing things in-house yourself.

Some business owners find it hard to let go, it’s in our entrepreneurial blood, they say. So, if you simply don’t want to rent additional space, or hire the people yourself (but still want, or need the work to be done) then embracing the virtual business way of getting things done might be your best option….

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The Not-So-Secret Biz Development Strategy You’ve Probably Forgotten About!

If you’re wanting to embrace the Virtual Business Lifestyle then you are a busy, probably over-worked business owner that is consistently looking for new business opportunities and clients, or even possible partners. Although this blog revolves around building that lifestyle, I recently read an article on how entrepreneurs are using the social networking medium more than ever to gain market share, build reputation and amass a strong following online, and wanted to glance upon this genre of promotion / reputation building. Especially in regards to one particular avenue – LinkedIn.

It seems that nowadays, professionals are jumping onto the social networking bandwagon like never before, and right at the top of the list is LinkedIn – “Facebook for People with Jobs” as it is sometimes humorously referred to. If you are a business owner and not already enjoying the networking opportunities provided by LinkedIn, wake up – you can boost your success further as an entrepreneur, be it online or offline, by expanding your network, your market share and your revenue, by utilizing the site to put your business on a whole new global scale.

Let me make it real simple. Last year, I brought on board business worth approximately $43,000 in gross income – without even trying……. Just by being listed on LinkedIn.

This year I am spending more time hanging around on the site…!!!

As a LinkedIn user myself for many years (you can connect with me by clicking here), and as I recently created a group for this blog on the site, I wanted to post a few tips that I have found useful over the last few years in using the site myself that have worked out well in connecting me with good quality business people all around the world. Not only this, but this one website alone has brought on board more clients to my business than any other – FACT! (Well, other than our own corporate site, obviously!).

Simply follow these quick five guidelines that I pretty much live by, when it comes to LinkedIn, and you’ll be reaping the rewards of additional business networking almost immediately.

Think Quantity, Always!

Networking is basically about numbers. The more contacts you have the better, so invite everyone you meet to your network. You meet new people every day. The acquaintances that you get in contact with at conferences, business meetings and even those you communicate with by telephone or e-mail are sources for your growing network. Any one of your contacts may know someone with whom you can close a deal. That’s one wonderful thing about networking. When you create your LinkedIn account, you’ll have the option of importing email contacts to start building your network immediately – do it.

Think Quality, Always, too!

Add quality contacts. You should also invest some amount of time in having credible contacts, those whom you can benefit from. Use the advanced search tool at LinkedIn to check out your other business contacts to see who is already hook up on LinkedIn, then send an invitation to those you want to network with.

Get involved with Groups!

Make your online presence felt by joining different LinkedIn Groups. Expand your network further by joining LinkedIn groups that are relevant to your industry, or areas of interest. Groups serve as a platform for like-minded professionals to “meet” and engage in discussions. Joining groups that are relevant to your industry, or areas of interests will help you expand your network. You have to actively participate in such groups, don’t be a side-liner – get involved and get create with conversations, posting links, etc. You should also check out conference groups and alumni networks and you’ll be surprised to see familiar names that you have no doubt forgotten for your past.

Take Advantage of LinkedIn Answers!

Take advantage of the LinkedIn feature called LinkedIn Answers. Use this tool to seek answers that will complement your business as well as send responses to establish yourself as a key player in the industry, a thought leader of such. You will be attracting the people you are interacting with in this question-and-answer forum to your network, which is the whole point of this thing, right!?

Beef up your Profile!

This is probably the most important part of your LinkedIn experience. Your profile serves as your main asset and there are a lot of ways you can sell yourself and your business by promoting your profile. Fill your profile with as many keywords as possible and link to it in other places, such as your personal websites or blog – like I have done. You should also mention your profile in other social media spots, too, to increase your search-ability. Another way for your name to come up, and for people to find your LinkedIn profile, at Google or other search engines is to customize the URL for your profile, so that it will rank higher in Google. Be sure to spend time on your profile, it will make a big difference to your overall experience using LinkedIn.

All in all, social media and networking is becoming more and more popular. Bottom line is that if you’re not involved in it in some way, at least, you can bet your bottom dollar that your competitors are, for sure!

Nowadays, I don’t manage my LinkedIn account as much as I used to. In fact, my assistant does almost everything for me, bringing me up to speed with group info and connection requests, etc. I probably only spend around an hour a month on the site personally, but that doesn’t stop me from gaining some great business contacts and enjoying getting involved in conversations.

So jump on board, and sign up for a LinkedIn account today – and when you do, invite me to connect and become part of your network, I’d be happy to hear from you!

Also, if you want to get REALLY Social – Follow me on Twitter, Add me to your Circles on Google+ and Become a Fan of the VBL on Facebook, too!

I’m a Businessman FIRST, a Blogger Second – But, Wait for it…!

Location: Home Office – Reading Time: 3-4mins

It’s Sunday evening, my youngest is quietly in bed already, I’m done with dinner and my wife is watching TV. As I normally do on a Sunday evening, I turned on my computer to catch up on reading the handful of blogs that I subscribe to (there are not that many I read religiously, but the ones I do, I really do!). And one thing hit me… The quality of content is getting better and better.

Last week, I sat down and put together FIVE posts, for this blog, and planned around 10 guest posts which will all be out and about in the next few weeks. And from working on these posts, I realized something… I am getting more and more turned-on to blogging. So much so, that I even enrolled myself to Leo and Mary’s A-List Blogging Bootcamps Club to learn more. Cool, community of people, actually!

Now, I class my self as a businessman and entrepreneur first, before anything else. However, as this blog has started to become more popular, and more people have subscribed to the blog,  I have been fortunate to meet some great people. I have also been offered many Joint Ventures. I’ve declined almost all of them. Although in regards to two particular bloggers who I subscribe too, and thoroughly enjoy their work, I have decided to work with on two completely separate projects….

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How to Work with Virtual Staff to Build a Business Empire (Tips from the Trenches – via Manila!)

Location: At the Beach (Literally!) – Reading / Viewing Time: 9-10mins

A real treat for you guys today. A couple of weeks ago I flew up from Cebu (where I live full time) to Manila (the capital of the Philippines) to do a little business, and whilst I was there I met up with Dan Andrews from the quickly growing TropicalMBA.com and OutsourcetothePhilippines.com blogs.We chewed the fat for quite a few hours, and eventually figured it would be cool to shoot a couple of video clips.

In fact, Dan actually interviewed me for his Podcast, too, which you can check out by clicking here. It’s safe to say we had a lot of fun doing all this stuff for our respective audiences.

For those of you who don’t know Dan, he is a twenty-something guy from the USA originally, who now lives in the Philippines full-time, where he works with several virtual staff throughout the country, that help run and build businesses based back in the USA, California to be exact….

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I’m Too Busy for Bullshit – The Things I’m Doing to Stay Productive!

Location: Home Office – Reading Time: 4-5mins

2010 is shaping up to be an incredible year for me, business wise so far. As you’ll know by reading my Monthly Reports, by the end of the year I sincerely believe I will be a Full Time Virtual CEO, working from wherever I like, whenever I like, doing whatever I like – but, still growing my businesses. For the time-being (and realistically for the very long foreseeable future, because I just love doing it so much!) my focus will remain on my parent company – the Live2Sell Group – however, there is a hell of a lot of other opportunities coming my way, too.

The whole thing here is that as I begin to warm-up the furnace that will be ‘2010’, it’s hitting me very hard – I am getting convincingly more and more busy. In itself, this isn’t an issue, as long as I maximize my time every day. Because, lets face it – wasting time is bullshit, plain and simple! …

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Embracing Cloud Computing for a Virtual Business Lifestyle

Location: Home Office – Viewing / Reading Time: 6-7mins

In the true spirit of virtualness (is that actually a real word – if not, it IS NOW!) and mobility in generally, this is a Guest Post by Phil Montero of TheAnywhereOffice.com.

Phil and I have been talking for a while now, ever since we met via Twitter. And it was quite obvious from the get-go that we had a lot in common in regards to the lifestyles we both wanted to lead and the way we wanted to work as business owners and entrepreneurs in general. So, after I did a guest post for Phil on Multitasking I was quick to ask him to do the same, and I must say he totally outdid himself with this excellent 6min video.

The thing I personally love about this subject matter is that it is ever-evolving. Although there is the regular diet of Gmail, Google Docs and the like, the fact of the matter is that there is always something new cropping up here and there. …

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How to Develop a ‘Virtual Business’ Mentality and Create a Lifestyle Design Strategy of Your Own!

Location: Company Offices – Viewing / Reading Time: 7-8mins

Today we have a Guest Post by Greg over at music marketing blog GenYRockstars, who also runs www.rockstarlifestyledesign.com, too! Check out his sites if you are an entrepreneur or a musician – if you’re both, you’ll be spoiled rotten, trust me!

Myself and Greg were literally hours away from hooking up on my trip to the US in February, planning to do some video posts together on growing businesses and general entrepreneur stuff – but, alas, it didn’t quite happen! Next time for sure. Since then I’ve been interviewed by him for his blog, and I asked him to do this post to offer you guys the usual, great insightful stuff that he puts together….

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Mobility Tips for the Traveling Entrepreneur – Handling Email, Phone Calls & More!

https://www.youtube.com/watch?v=ZMyXeR4UdfY

Okay, so, here is the final installment (from the AT&T Ball Park!) from the 3-part video series that I shot whilst I was in San Francisco back in February (it’s a little windy in the clip, FYI!). A lot of people have asked for this one, out-right, saying that they enjoyed the other clips I did with Sanjay, especially the one on How to Make Your Small Business Look Bigger. I must say sorry to those that have waited for this one, as there has been a lot going on – even though the clip has been ready for weeks and weeks!

In this clip myself and Sanjay give you a handful of simple tips for when you’re traveling. It’s amazing how simple these tips actually are, but so often its the simple stuff that gets forgotten, and I must say, even Sanjay’s tips on Laptop Batteries got me thinking!

As an entrepreneur that does do a certain amount of traveling, these type of tips (and the tons of others available online) are paramount to creating an easier traveling experience and working experience when on the road.

…

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March 2010 “Virtual CEO Goal” Monthly Report

Recording a Segment of my Top 10 VA Tip's in Boracay!

Location: Home Office, Reading / Viewing Time: 6mins

Number of Days in the Office: 16, Total Number of Employees: 176

This last month was another real eye-opener for me. Amongst other things, I spent a whole week working from a beach resort in Boracay, with absolutely none of my clients actually knowing of the fact – I spoke to people daily, and even made calls to prospective clients without anyone batting an eyelid, so to speak. Another testament to the fact that a fully virtual lifestyle is very much do-able.

I made a couple of new key-hire’s in March, too. First up, we expanded our training and development team with a new Training Supervisor. She will be working with our staff more on a one-on-one basis, coaching on individual needs, so we are all very excited to see how that side of things develops. Secondly, our new Quality Assurance Supervisor will be working directly with our individual Team Leaders, Management and more importantly, our clients, to insure that the quality of work we produce for them i sof the highest standards, as always.

I guess the ‘big news’ this month is the signing of an agreement between our company and one of our long-term clients, who has just become our official US Partner. …

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