Interview: Peter Shallard, The Shrink For Entrepreneurs | The Emotion Machine. For my second interview I’ve chosen Peter Shallard from The Shrink for Entrepreneurs. Peter is a business psychology expert. He used to do clinical therapy, but then found how much easier it was to work with entrepreneurs who tend be more goal-oriented. Since then he has never looked back.
When I first discovered Peter’s site I was very impressed with the wealth of information offered there. His blog posts are Grade-A quality and he also offers a free e-book called “Seek And Destroy: How To Identify Entrepreneurial Obstacles and How To Overcome Them.” (direct PDF download – he doesn’t even make you sign up to his newsletter, although I would recommend you check that out too). Peter and I both share an enthusiasm for the human mind and business. I want to thank Peter for providing very detailed and thoughtful responses to all my questions. Also, please note that none of the links in this interview are affiliates. 1. I’m from New Zealand but based in Sydney Australia. 4. 5. Steve Jobs 6. Why freedom is bad for entrepreneurs. Recently, I’ve been having a few discussions with business owners about the second point in my entrepreneurial hat trick. I’ve been meditating on freedom – that glorious, abstract stuff that goes with wealth and sanity like tom goes with dick and harry.
Turns out that the pursuit of freedom has been tripping up well meaning, ambitious entrepreneurs. Wealth and sanity have vanished in the face of the wannabe entrepreneur’s desire to live without rules or boundaries. Yes, freedom might just destroy your business. Read on to find out why. The freedom to do whatever you want Every entrepreneur I meet confirms a the same beginning to their entrepreneurial journey.
Of course, a business is seldom started just to avoid the nine to five grindstone. Entrepreneurial folks love not having regular jobs. Want to work from a cafe? Feel productive working from 10pm to 3am? It sure is good being an entrepreneur. Instant freedom – the double edged sword of the self employed Except you just won freedom. Or… Your Ideas Suck – A rant on Startups, Investors & Profit. A few weeks ago, I spent some time at a networking event for entrepreneurs. First time I had formally “networked” in years – I normally detest networking events, since they’re usually 100% full of consultants looking for clients.
In other words, a networking event is the business equivalent of a nightclub filled with men. On second thought, that might be awesome for some people. Especially in Sydney. Point is, by the end of the evening I was ready to stab my eyeballs out with the nearest piece of cutlery. I was attending this event spontaneously, invited by a friend – so I approached it with no agenda. About twenty minutes after arriving, a realization struck me. I knew it when the third person I spoke to started telling me the same story. A few questions quickly revealed that the website hadn’t yet been built. The website sounded like it’d theoretically be quite a smart idea. I received a blank stare. Every time. Why ideas really do suck You’ll hear this same concept described as: Information Is Beautiful | Ideas, issues, knowledge, data - visualized!
Adam Smith Wasn't A Capitalist. Why Adam Smith is thought to be the original "greed is good" guy Monday, December 28, 2009 In a recent episode of the podcast Planet Money, titled Adam Smith and the Not So Invisible Hand, host Adam Davidson had his "mind blown" to learn that Adam Smith was not the poster child for free market capitalism that he had been led to believe. It should be shocking to hear someone who professes to be educated in economics to reveal such a complete misunderstanding of a world famous and widely cited figure in the history of economic theory. Except that the misunderstanding is so widespread that it is actually the standard perception. Adam Smith is so huge that even people not that familiar with economics have heard of him. Except, of course, that he wasn't the cheerleader for laissez-fair capitalism that he is made out to be.
What I want to share is a hypothesis of why it is that Adam Smith could be famous for having discovered the idea that greed is good, when he so obviously wasn't. Comments. El Cerro de las Campanas. Google Image Result for. Lifehacker, tips and downloads for getting things done. Get Rich Slowly - Personal Finance That Makes Cents. Bair to Attempt Mods in IndyMac’s Servicing Portfolio « naked ca. The FDIC announced earlier that it will halt foreclosures in IndyMac’s $15 billion loan portfolio. But I found this bit of the Wall Street Journal’s article “IndyMac Reopens, Halts Foreclosures on Its Loans“: In its effort to halt foreclosures, the FDIC has much more flexibility to intervene with the roughly $15 billion of loans that were owned by IndyMac.
But IndyMac also was handling another roughly $185 billion in mortgages in its servicing business. Ms. Bair said that FDIC officials also were looking at the troubled loans in the broader portfolio to see if there was a way to help borrowers avoid losing their homes….. IndyMac is the nation’s eighth-largest mortgage servicer, with $199 billion of assets, according to Inside Mortgage Finance, an industry newsletter. Some 8.26% of loans the company services were at least 30 days past due at the end of the first quarter, excluding loans in foreclosure, up from 5.41% for the same period a year earlier.