TMBA 127 (LBP113) - 7 Habits Of Highly Effective Lifestyle Business Owners

We know that Dan and Ian are consumate consumers of information and business theory. So it was a bit of a somber moment earlier this week when we learned that Dr. Stephen Covey, the author of 7 Habits Of Highly Effective People, had passed away. Covey's book "has been a top-seller for the simple reason that it ignores trends and pop psychology for proven principles of fairness, integrity, honesty, and human dignity" per the description on his website.

Couldn't agree more.

This week, as a tribute to one of the first business theory books the guys got their hot little hands on, they are putting a bit of a spin on Covey's original 7 Habits. Since Dan & Ian have developed (or haphazardly (accidentally sometimes) created) their own vocabulary around the sites, they decided to see how some of the most popular and important principles of the LBP mindset align.

Can You Match Covey's 7 Habits To Their LBP Equivalent?

Stephen Covey's 7 Habits Of Highly Effective People

1. Be Proactive

2. Being With The End In Mind

3. Put First Things First

4. Think Win-Win

5. Seek First To Understand

6. Synergize

7. Sharpen The Saw

Dan & Ian's 7 Habits Of Highly Effective Lifestyle Business Owners

1. Have A Great Premise

2. Longball

3. Build A Team

4. Gassin' It

5. Only You Know What's Best - Everyone Else Just Defines What's Good

6. Party All Night

7. Don't Be An Amateur

Listener Questions

• Was wondering if you could share some tips/suggestions on how to properly communicate/work with Fillipino outsourcers? I talked with a gentleman and he told me point blank: "The difference between communicating with a US worker vs a Fillipino is hugely different." I suppose I should’ve learned more about their culture better? - Ry

• I'm a designer, hooking up with a web developer to create websites. My developer wants a huge fee for the solid work he's capable of doing, and I'm not sure whether I'll be able to mark that up to cover my portion of the work - Stef

Mentioned

7 Habits Of Highly Effective People by Stephen Covey
Turning Pro by Stephen Pressfield
Summer Marketing Mashup - The 4-week webinar series we wake up super early in the morning (Asia time) to do with the guys from Internet Business Mastery, Foolish Adventure, and Smart Passive Income

Just The Tips

TinEye - Ian's stealthy online image spyware
Miike Snow - Black & Blue

Have fun. Leave a comment.

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 Go make it happen! :)

Photo Credit -

Tommy Schultz Photography

Episode length: 20:28 

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