An expert in the field of mind-body healing, Deepak Chopra is a world-renowned speaker and author on the subject of alternative medicine.
His medical training is in internal medicine and endocrinology, and he is a Fellow of the American College of Physicians, a member of the American Association of Clinical Endocrinologists, and an adjunct professor of Executive Programs at the Kellogg School of Management at Northwestern University. He is also a Distinguished Executive Scholar at Columbia Business School, Columbia University, and a Senior Scientist at the Gallup organization. For more than a decade, he has participated as a lecturer at the Update in Internal Medicine, an annual event sponsored by Harvard Medical School’s Department of Continuing Education and the Department of Medicine, Beth Israel Deaconess Medical Center.
Deepak recently did an interview with Entrepreneur magazine and shared his 7 values that ed o his success.
Ask yourself, ‘Why do I want to be in business?’
“With happiness and joy top of mind, the first thing I ask my MBA students at Columbia Business School to reflect on are these fundamental questions: ‘Who am I?’ ‘What do I want?’ ‘What is my purpose?’ ‘What contribution do I want to make to society?’ ‘Do I have any heroes or heroines in history or mythology or religion that I consider mentors and guides?’
“Mentors are incredibly important in the business world. Some look to Bill Gates or Warren Buffett or others, but I want them to ask themselves ‘why?’ Why are the people they look up to important to them? What specific characteristics and traits in business that they possess do they hope to emulate?”
He basically says to ask yourself, why do you want to be in business. What is Why? If your Why is solidified, now who do you learn from. what traits and values do you see in these people you follow?
Define your vision for success.
“To sort out your underlying vision, passion and motivation in business, start by asking yourself, ‘What is my real motivation for being successful in business?’ ‘What does it mean to me to be successful in this realm?’
“Start by pondering why anyone does anything. Because they are motivated by wanting to feel a certain feeling — satisfaction, fulfillment, recognition, fame, fortune. Those are subsets of feelings that people strive for. But, really, happiness and joy, those are the ultimate goals, above all other goals, even in business.”
What is your vision four success. What is your real motivation to succeed in business. Ponder on why anyone does anything and you will see why they’re motivated to do something. You’ll start to find their why to their vision.
Think about who you want to work with and what you want to accomplish together.
“Ask, ‘What kind of organization do I want to lead?’ ‘How do I create a team with a shared vision, values, enthusiasm?’ ‘How do I compliment my team members’ strengths?’ Think about the ways you can emotionally bond with your business team, because you can’t do anything by yourself.
“How will your leadership impact customers, investors, employees, in other words, the broader ecosystem of business? And how will you impact the larger ecosystem of the world and what kind of world do you really want to live in?
“Finally, ask yourself what your business vision would look like if it were successful. How would you feel and how would your team feel if you achieved business success? The feelings you’re striving for are the underlying basis for your every action.”
Who do you want to work with? Why do you want to work with them. Will this person aide you towards your goal of success. You must find these reasons to be able to create a concrete vision to work with,
Detach yourself from the outcome.
“Let go of being outcome-oriented, which is totally antithetical to business. Instead, be more process-oriented. If you’re not enjoying what you’re doing, you won’t enjoy the outcomes, either.
“Finally, ask if you’re making a difference in your company, with your colleagues and customers, and in the greater ecosystem, in the world, alongside the people on your team. If you can say yes to all of that, and you stay the course and follow the process you’ve set forth, the outcomes will be guaranteed. As opposed to only striving for monetary gain as a goal, make a greater difference. It’s much more important. The mantra here to remember is, pursue excellence, ignore success.”
You are not the outcome of your results. You are the outcome of the process and steps that led you to that event. Don’t focus on the end goal, but focus on building and working on yourself everyday.
Create goals and establish timelines for achieving them.
“Check in with your team and make sure they are clear on what your business goals are. Check in and ask if they agree with your timeline for achieving them? Are your goals realistic and measurable? Are you stretching to achieve them as much as you can? What is the specific timeframe between now and what you hope to accomplish together?”
Make sure you are setting goals for yourself and putting them within an achiveable timeline. The best way to achieve this is by breaking down your large oal into smaller parts. So say you want to make $1,000 in a week. you can divide that up into 7 days and you will need to make $143 per day to achieve that. If you want to you can even break that down into finding a way to make $6 every hours for 24hrs per day.
Know what it means to be disruptive and disrupt.
“A lot of people in business talk about being disruptive, but nobody defines what it means to be disruptive. You cannot really have innovation and be disruptive if you are merely a copycat. To achieve exceptional entrepreneur
ship, you have to think, ‘Is what I’m going to do really so cutting edge that nobody else is doing it?’”
With your business or hustle find a way that it goes against the traditional practices in your idustry. Uber was the first to disstrupt the transportation industry by eliminating the use of taxis and using user owned cars as their mode of transportation. Find out what makes YOU different from the rest.
See problems as opportunities.
“Criticizing, condemning and victimizing aren’t helpful or productive and hinder success. No matter what the situation, identify positives and move forward.
“With a lot of successful entrepreneurs, I find that every time everybody else in the company or around them is perceiving something as a problem, the successful people see the same thing as an opportunity — for growth, for change, for innovation.
“You make your own luck in a sense, in that where there’s a problem, you see opportunity and turn it to your advantage. When you do that, you’re on the path to success.”
Ryan Holiday’s book The Obstacle Is The Way is a great example of this. He collected a multitude of stories where many successful people were faced with a looming disadvantage in front of them. But they all still succeeded. When Jon D. Rockefeller was creating his oil company during the depression he saw that he couldn’t make money buying into companies because they were all going bankrupt or not allowing outside investors. So he started his own company in the midst of a nation wide depression and began buying out oil wells from the companies that would not work with him. Very soon he held the majority of oil wells in the US and when the depression subsided and people needed oil, there was only one man to turn to, and that was John D. Rockefeller. Whenever faced with a looming problem, steps back and see what step you can take to tackling down that obstacle. Almost all of the time those obstacles will become your Advantage.