stop to become unstoppable entrepreneur

Serial Entrepreneur Ilkka O. Lavas https://www.linkedin.com/in/ilkkaolavas www.ilkkaolavas.com


STOP to become

unstoppable

9 ways to booooooost up your business and life

Ilkka O. Lavas

Serial Entrepreneur ICT & Media


Ilkka O. Lavas •  Started 1st company 17 years old •  2 books about entrepreneurship •  Studied while working: MBA, CS •  Partner, board member, angel investor

–  PorKolio of 14 businesses –  10+ aquisiPons done –  4 exits

•  Young Entrepreneur of the year 2009 in ’Southern Finland’

•  35years, 2 boys, 1 wife, 1763 X connecPons, 1941 linkedin conns, twiYer @lavas 1803 followers


PorKolio EXITed:


STOP to become UNSTOPPABLE

STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE

1.  STOP and define your GOAL: what success means to you

2.  Visualise your PATH and steps 3.  Start SOMEWHERE 4.  Enjoy ADVENTURES, hard Pmes makes

you stronger 5.  Fail FORWARD 6.  Learn from the BEST, hire the BEST 7.  Manage your TIME 8.  Think 80% of your Pme about the

FUTURE (Avoid dwelling on PAST problems)

9.  Become UNSTOPPABLE



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE

1.   STOP and define your GOAL: what success means to you






80% ATTITUDE and hard work

20% technique

Enthusiasm, own thoughts, feelings, attitudet, goals, strategies and self-esteem (self-image). Dream and run towards your dreams. Work hard. Check where you are. Check direction. Move forward. Execute. DO IT.

Life skills Understanding of your domain / your own thing / life Learning skills, desire to learn and experience

Success is …


How would you define

Success?

Success is not a desPnaPon

success is a journey


Step 1

1. Define what Success means to you


My definiPon on success:

1)  I can do what I am good at and what I enjoy 2)  I feel enough challenge in my projects and businesses.

I can work with the people who are more skilled than I. 3)  I learn new things and develop personally 4)  Change the world:

My life can give posiPve affect to my fellows, my friends, the City I am living in, Finland, Europe and World.

NoPce: SUCCESS FOR ME

DOES NOT MEAN MONEY!



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE


2.   Visualise your PATH and steps 3.  Start SOMEWHERE 4.  Enjoy ADVENTURES, hard Pmes makes





Good dream… •  Is dream that you really want from the boYom of your heart •  Makes you excited and moPvated again and again •  Makes you work hard toward your dream •  MoPvates you to learn all that you need to know to achieve your

goal •  Is realisPc •  Is achievable •  Geong closer to your dream is measurable ”If you can dream it, you can do it”, -‐ Walt Disney


Personal Mastery

Dream

1. Where I have been? How did I end up here? What have I learded in my life? Who I already know?

2. Where I am now? What are my strenghts? Where I am good at? What opportunities do I have?

3. What are milestones on my trip? How do I know I am getting closer to my dream? What critical things do I need to do to achieve ultimate goal? What do I need to learn?

4. Where do I want to go? How would I describe my dream day? Why this is my dream? Who with I live? What is my income? Where do I live?

MILESTONE

MILESTONE


Tell others about your dream •  When you tell others about your dream, they will help you on your way.

•  Tell about your dream for your friends and outsiders •  Ask your family and people close to help you to achieve your dream


It requires about five to seven years of hard work for you to move to the top of your field. There are no short cuts. (2004)

-Brian Tracy

Felix Baumgartner studied base jums since 1995. 17 years of practise Made jump from space possible.


Why good self-‐esteem is so important?

“Whether you think you can, or you think you can't you're right.”

- Henry Ford


Your own thoughts About your ability Is often the Biggest limiter Of your success

Photo: Robbie Grubbs



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE


2.  Visualise your PATH and steps 3.   Start SOMEWHERE 4.  Enjoy ADVENTURES, hard Pmes makes






STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE


2.  Visualise your PATH and steps 3.  Start SOMEWHERE 4.   Enjoy ADVENTURES, hard Lmes makes





SUCCESS IS ALL ABOUT LEARNING BY DOING AND EXECUTING

My first company, making web-‐pages

ArPc.net portal Exit Internet Operator

SuperWeb ja Neopaja

Internet Operator Neopaja Exit Website business growth Computuki business buy

Geong ready for 2001 IT-‐bubble 17 people Own products Malesia Kauhava Winnie

Army Almost bancruptsy Computuki spinoff First turnover STOP

MBA LifePlanning SWOT

First Entrepreneurship book Natural entrepreneurship Second biz: ilmainensanakirja.fi

Suomikauppa.fi Kaannos.com NO Spam Samex

W3 Group newco, FTC, TietoexperPt, Sossizing Micro Aided Design

Karkkigalleria Computuki buyback Ostohyvitys.fi NO Spam exit

City –magazine Huilil ekomagazine, MoonTV, City turnaround City Digital growth Vivas newco Vivas internaPonal Improve Media

17-18v 19v

20v 21v

22v 23v

24v 25-26v

27-29v 30-31v

32-33v 33-35v

14-16v: Metal factory Happoteräs Ltd summer job



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE



you stronger 5.   Fail FORWARD 6.  Learn from the BEST, hire the BEST 7.  Manage your TIME 8.  Think 80% of your Pme about the




Don’t let failure crush you down

•  Give yourself a change for success. If you don’t make mistakes, you propably are not doing anything else. –  Learn from your mistakes –  Learn to laugh about yourself –  Fail, fail, fail again.

“I have not failed. I've just found 10,000 ways that won't work.” – Thomas Edison who invented Electric Light Bulb



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE



you stronger 5.  Fail FORWARD 6.   Learn from the BEST, hire the BEST 7.  Manage your TIME 8.  Think 80% of your Pme about the




Learn from the best

Think about your idols: Whay are their leverages in life? What are they passionate about? What are their success factors?


Find a Mentor

•  Find mentor, people to talk about, personal business trainer or someone who is interested about your proceeding toward your goals regularly: –  How was your week. What acPons did you take towards your dreams.

What did you learn? What are your next plans?



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE



you stronger 5.  Fail FORWARD 6.  Learn from the BEST, hire the BEST 7.   Manage your TIME 8.  Think 80% of your Pme about the




YOUR MOST VALUABLE RESOURCE IS

• TIME


My 168 hours per week Week schedule

sleeping

w orkpersonal

development

eating

w atching tv

w atching movies

active sports

other free time / sports

being w ith friends

w ith kids and family

travel to w ork (per w eek)

time for my self, rest

Be efficient. Use 100% of your days



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE



you stronger 5.  Fail FORWARD 6.  Learn from the BEST, hire the BEST 7.  Manage your TIME 8.   Think 80% of your Lme about the




KEEP YOU FOCUS AND ACTION ON YOUR GOAL



STOP

TAKE BREATH

OBSERVE

PROCEED, EXECUTE



you stronger 5.  Fail FORWARD 6.  Learn from the BEST 7.  Hire only the WORLD CLASS people 8.  Think 80% of your Pme about the


9.   Become UNSTOPPABLE


Entrepreneurial Tips and Tricks:

PrioriPzaPon and Pme management •  Teach yourself all the Pps and tricks to

– PrioriPze things – Manage your Pme

•  Discuss with your friends about: – What Pme management techniques they are using •  Learn from the best – Read books, go to seminars, find a mentor


Fill your days with energizing habits

•  PosiPve self-‐talk PosiPve self talk can improve your emoPonal and physical health and well-‐being. “be careful what you think, because your thoughts run your life.”

•  Visualize your future (imagine how it feels when you achieve the GOAL).

•  Give your braint a posiPve mental diet (good books, seminars, blogs, etc. No ”soap opera and other crap from television”).

•  Surround yourself with posiPve people. (inspiring people, people who courage you to conPnue ).

•  Eat right. Rest enough. Drink well. “if you eat like crap, you’ll feel like crap.” (Food, Rest, Sports).

•  Move on: no one is perfect. (Execute, work hard ).


Take care of yourself •  Physical health •  Do some exercise regularly •  Eat healty food •  Drink healthly •  Recognize your own strengts and use those


Create your own ”Success reminder” •  Take your smartphone calendar, •  Schedule for Saturday at 10 am:

–  Dear [me], ___this is my dream ___. –  These things I want to achieve in my life:____________

My definiPon of success is ____ . My dream is to _________. Set this reminder to repeat every month.


Have a successful life!

www.ilkkaolavas.com Ilkka O. Lavas Angel Investor and Entrepreneurship EnthusPac [email protected] TwiYer: @lavas Facebook: IlkkaLavas www.linkedin.com/in/ilkkaolavas www.vivas.us www.ilkkaolavas.com

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