Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Life-Changing Pieces of Advice

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

3 Life-Changing Pieces of Advice: Rebeca Hwang | Inc.

com

http://www.inc.com/young-entrepreneur-council/best-advice-i-ever-got...

Topics > Running a Business > Success Stories > Young Entrepreneurs >

Special Report Jun 22, 2012

NEXT GENERATION | Young Entrepreneur Council

Trep Life | Watch the Latest Episode


How Redbox's Mark Achler Reinvented the Video Rental Business.

The co-founder and CEO of YouNoodle, explains how simply reframing the problem--and your perspective on it--can change your business and your life.

ADVERTISEMENT

YouNoodle/Flickr

Today's Editor's Picks

3 Life-Changing Pieces of Advice Best Motivation Trick for Entrepreneurs 4 Reasons It Pays to Be Clueless Microsoft Windows Phone 8: Should You Make the Switch? 3 Ways to Make Your Screw-ups Count

When I was student at MIT, I learned an important lesson from one of my personal heroes, Amy Smith. She's a hero because she invented the "screenless hammer mill" when farmers in Senegal were struggling with the process of separating rocks from grains when making flour. Expensive screens broke all too easily and were hard to replace in poor remote rural villages. Her invention, which was recognized by the Lemelson-MIT Student Prize, looked at the existing problem at a new angle. Instead of screens, she used airflow to separate unground grain and rocks from flour. By applying simple aerodynamics, she eliminated the need for screens altogether, and increased grinding rates by 60 times.

Most Viewed

5 Toxic Beliefs That Ruin Careers Positive Thinking: 7 Easy Ways to Improve a Bad Day The $4 Million Complaint Call 7 Most Powerful Sales Tools Jim Collins: Be Great Now Surprising Secret to Time Management 6 Habits of Truly Memorable People 10 Ways You Should Never Describe Yourself Be Graceful Under Pressure: 7 Tips

This story has served me well in my start-up career. Whenever I get stuck on a problem, all I need to do is stop fixating on my current solution and redefine the problem instead. Smith looked at the problem from a different perspective, which lead to a solution outside of the box. Similar stories can be distilled into useful pieces of advice that have also helped me along the way: 1. Accept the fact that you are inherently lucky. There is a story about a research experiment that involved two types of subjects. One group self-declared themselves as unlucky; the other believed that they were very lucky in life. Both were given newspapers, and were asked to count the number of pictures from cover to cover. While the unlucky group took on average two minutes to flip every page and count the total number of pictures on the newspaper: 27. The lucky group noticed on the second page a large note saying "Stop reading here, there are 27 pictures on this newspaper." So they stopped and reported the number within 10 seconds of being assigned the task. So many times we fall into the trap of focusing too narrowly on our daily targets that we miss the opportunity to notice the more creative answers right in front of us. The luckiest people are constantly stimulating the brain with a certain level of randomness through serendipitous encounters, conversations and insights. They are able to focus on a target without shutting down their ability to see beyond that target. They can turn their "blinkers," which block peripheral visibility in horses, into "visors," which give selective views--while still allowing the horse to focus on the race. 2. Don't take advice from golfers if you want to play baseball. Jeff Hoffman, a member of the founding team of Priceline and the most amazing storyteller, makes a point that's invaluable for start-up founders. Sometimes, we think that all smart people are able to provide great advice--and this may be true, to a certain extent. But the real truth is that if you wanted to become a professional

How to Make Money in Your Sleep How to Make Failure Impossible Want to Be More Successful? Revamp Your Mornings How to Be Happy at Work 8 Core Beliefs of Extraordinary Bosses Best Way to Learn to Be an Entrepreneur? 5 Things to Un-Learn From School Charisma Is Not Enough. Great Leaders Execute How One Job Candidate Wowed Me 11 Best Business Opportunities By Industry Fix Your Website: 5 Things to Change Now

FROM OUR PARTNERS

2 of 4

25/6/2012 6:51

3 Life-Changing Pieces of Advice: Rebeca Hwang | Inc.com

http://www.inc.com/young-entrepreneur-council/best-advice-i-ever-got...

baseball player, you wouldn't seek advice from a golfer. Yes, the swings might present similarities, and you might even be using some of the same muscles. However, I doubt the Tiger Woods of the golf world would seek putting advice from the Willie Mays of the baseball community. This is a good thing to remember when we choose our investors and assign Board seats. 3. Your personal happiness is worth working for, professionally. There is so much content out there about the "how" of entrepreneurship, but we sometimes forget about the "why" of this particular career choice. My favorite writer is Jorge Borges; despite all his literary accomplishments, his deathbed regret was that he did not manage to find happiness in life. I think of this often when I have one of those excruciating "bad start-up days" (a much more unpleasant experience, and yet as unpredictable as "bad hair days"). Some days, I genuinely wonder why I put myself through this torture, and then I tell myself that in order to be happy, my road to self-actualization involves creating legacy, and the path to impact is tortuous. The truth is that unhappy people are less creative, productive and more likely to be unlucky. I frequently ask people to share with me the first image that comes to mind when I say "happy moment." This could be reading a book in a coffee shop, a good conversation with a close friend or a challenging run at the gym. I then ask the question: "How many times per week do you have happy moments?" I am shocked to hear that more often than not, people tell me they can't remember the last time they had one of those! I believe--and Chip Conley and Tony Hsieh would concur--that successful start-ups have happy people, which is a requirement for happy customers and happy investors. Creating a start-up culture in which happiness is a core value is very important. What's the worst that could happen, anyway? You might fail to launch a product, but you will still walk away with happiness--it's not so scary after all. Rebeca Hwang is a co-founder and CEO of the San Francisco-based start-up, YouNoodle, which gamifies innovation through competitions. She is a board member for Cleantech Open, Imagine H2O, and Bases. She was recently named one of the World Economic Forum's Young Global Leaders. Read more: Best Advice I Ever Got: Timothy Sykes Work With Family? 14 Tips for Success 14 Creative Tricks to Stay Focused & Productive
The Young Entrepreneur Council is an invite-only nonprofit organization comprised of the world's most promising young entrepreneurs. The YEC published #FixYoungAmerica, a book of proven solutions to youth unemployment. @TheYEC

New Investing Resource


Celebrating Launch, Giving Away the New iPad - Sign Up to Enter! www.PennyStockPayout.com

Buy a Link Now

ADVERTISEMENT

Select Services Try Microsoft Office 365, free Try Microsoft Office 365: access, edit, and share docs in the cloud Get on the same page Show and tell by sharing your screen instantly at join.me. Free. Office 365 Live Demo Join Microsoft Office 365 specialists for a live online demo and Q&A. Wells Fargo Business Our solutions and services can help you strengthen your business Reach more customers AT&T Advertising can help your business grow. Get started today. Be found With AT&T Advertising Solutions, its easier to find and be found. We knows your business Get a custom-tailored plan for your small business with AT&T Advertising Solutions. Social Campaigns Turn fans into customers with Social Campaigns from Constant Contact. Get Paid Faster Small business? Evaluate prospects, avoid bad debt. Take a free look! More voice. Less Mail. Thats the Plantronics effect. Empower Your Business. Learn How HP. Share easier. Grow your business with an HP ProLiant MicroServer. We Are Anonymous The book every CEO needs, from Forbes London Bureau Chief Parmy Olson Google Apps for Business Custom email, shared calendars, and documents for teams. 30 day free trial

Most popular videos

Emotional Story of Reddit's Start & Sale


Reddit founder Alexis Ohanian set out to revolutionize the Internet. Then came an even bigger challenge. Watch video

Ida Zami Monday at 12:48am


I love the story about Rebecca's hero, Amy Smith. "Smith looked at the problem from a different perspective, which lead to a solution outside of the box." she looked at the problem from different angles than just focusing on the solution.
LIKE | REPLY

Amber King Sunday at 11:52pm


Don't take advice from golfers if you want to play baseball. I like this advice Rebecca. This is applicable to companies that are in niche industries. We tend to ask successful businessmen how they succeeded

3 of 4

25/6/2012 6:51

You might also like