Last week I posted about Your Greatest Opportunity Now challenge hosted by Eben Pagan.
Today, Eben posted day 1 of the challenge video. Eben talked about why he wrote his book “Opportunity.” One of the things he found in common in his associations with successful people is that they constantly talk about different opportunities.
Finding and creating opportunities is a skill that we can learn and apply in our own lives as well.
Albert Einstein said the following:
In the middle of difficulty lies opportunity.Albert Einstein
In a prior blog post Coronavirus Shelter In Place: Time Management Strategies to be a Good Steward In This Challenging Time, I talked about how we can use this time productively. I put what I wrote into practice by launching a new podcast.
If you’re interested in listening to my podcast, the episodes are all posted right here on this blog!
If you prefer listening to it in your favorite podcast app, you can subscribe to my podcast on the following platforms:
- The10Talents Stewardship In The 21st Century Podcast on Itunes
- The10Talents Stewardship In The 21st Century Podcast on Spotify
- The10Talents Stewardship In The 21st Century Podcast on Google Podcasts
In Day 1 of the challenge, Eben shared how he started his first online business in 2001 after the Dot.com crisis. He got up to the point where he had over 70 people working for him virtually.
In 2007 after the real estate market crash, Eben shared how he started another online business in a different niche and that business became successful as well.
As a result, on two separate occasions he started businesses during times of great uncertainty just like we are experiencing right now.
Virtual events is one mechanism that is going to be huge right now. Some examples that I can think of include the One World event, the increased usage of Zoom and Club Quarantine by DJ D-Nice. So right off the back, those are some opportunities you can look at.
Eben is applying a simple principle where 80% of his time is spent on being optimistic and productive and 20% of his time is spent on being pessimistic, watching the news, making worst case scenario plans and so on.
The other dilemma is how much focus should be spent helping others verses worried about yourself. For this dilemma he has settled on 50% of his time focused on helping others and 50% of his time focused on helping himself.
In Chapter 3 – The Nature of Opportunity he talks about 7 patterns to opportunity. Due to advances in technology we have more options to do more things than we have ever had before.
You can learn on YouTube practically any skill that you want. On top of that you can purchase courses on practically any skill. This wasn’t available to us in the past and this is only going to increase exponentially.
In the future opportunities are going to open faster and close faster. Therefore you have to be ready.
If you have been thinking about starting something new in your life like a new diet, exercise program a new business, right now is the time to start. This is exactly why I started the podcast because the window of opportunity opens faster and close faster.
Using me as an example, I’ve been out of work for over 5 weeks. At some point, my job is going to require us to start working again even if it’s Telework. I’ve already been advised by my Manager that this is something they are working on.
As a result, I had a limited amount of time to get my podcast up and running while I have a lot of free time to work with. Once I’m back to work, I’m not going to have as much free time anymore. That’s an example of opportunity opening fast and closing fast.
In the future there will be more smaller opportunities and fewer larger opportunities. We don’t want to be distracted.
As a result, we want to focus on our biggest opportunity and take action on that one. That’s where the growth and success is.
Finally, Eben gave us an assignment to work on. The assignment is as follows:
- Make a list of your skills. Take 3 to 5 minutes and write them down as fast as you can. Skills are things that you know how to do.
- Make a list of your relationships. Who are all the people that you know. In particular, make sure you list the valuable parts of your network. If you can start something with them, get them in a mastermind or even just find out what they are up to who are they?
- What is your knowledge? This is more of your wisdom, that unique thing that you have figured out about how the world works. It’s not what you know how to do. It’s more like stuff like “I know where there is conflict there is also reward.”
- Brainstorm 10 different ways that you can combine your skills, relationships and knowledge that would create huge value for people.
I already know what opportunity I’m going to be working on. However, I’m still going to complete the exercise.
This exercise is very valuable particularly if you find yourself in a situation where you are considering new opportunities. I highly recommend if you find yourself in this position that you complete this exercise as well!
Roosevelt Cooper – The10Talents.com
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