5 Insights Entrepreneurs Who Go to the Gym Gain About Themselves

5 Insights Entrepreneurs Who Go to the Gym Gain About Themselves

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You don’t have to be a Harvard business grad to have a successful career as an entrepreneur. Similarly, you don’t have to be an intense CrossFitter to get in shape, but there are plenty of ways in which having a strong body and mind will benefit you in both life and business.

We often underestimate how strong we are in both our body and our mind. Many of us lack the confidence to put ourselves to the test. But to achieve our goals, we need to push ourselves, trust our instincts and be disciplined in going after what we want. To make big gains, start by taking a detour to the gym.

Here are the five insights you will gain if you become as committed to the gym as you are to your business.

1. You are tougher than you think.

It takes a great deal of work to transform your body or your business. When you put in the hard work at the gym, it improves your energy and stamina, and helps you stay focused. But more than that, getting a good sweat on can actually make you more resilient to stress.

Exercise reorganizes the brain so that it doesn’t allow stress and anxiety to interfere as much with brain function. In essence, exercise can make both your body and your mind stronger and more flexible. The harder you push yourself, the more you realize that you are stronger and tougher than you think. If you dig deep, you can go farther and faster than you thought possible.

We all know that resilience is a cornerstone to building a successful business. Being able to bounce back from a difficult situation is key to being able to move forward and eventually flourish. An entrepreneur must stay levelheaded during the lean times, as well as when business is bountiful.

What better way to teach yourself to be nimble and juggle priorities than to train your body to be resilient in the gym? Along the way, you’ll build confidence, and gain adaptability and flexibility.

Related: This Entrepreneur Lives in the Back Room at a Gym While Building His Business

2. It’all about mindset.

Any given year around January 1, if you ask people what their New Year’s resolution is, many will say they want to get in shape or lose weight or be healthier. But how many people actually accomplish this goal?

Many fall short because they don’t get themselves into the right frame of mind to accomplish their goal. They don’t follow through, set realistic expectations or commit to healthy habits to make it happen. They fail to develop the right mindset.

They will probably keep setting the same goal — and keep failing — year after year, unless they do something to shake things up and change their habits. If you want to succeed, you have to believe you can. Then you have set about making real changes to put you on the right path. Finally, you need to keep going for the long haul.

The same thing is true for an entrepreneur who wants to build a successful business. Often there isn’t a huge difference between one entrepreneur and another. Their mindset and determination are what set them apart. If you want to create a successful business, you have to stop letting fear or lack of confidence hold you back. You have to have purpose and a vision to succeed.

3. More is possible with strong core.

When you work out, you’ve got to do more than just exercise your arms and legs. To truly get in shape, you’ve got to build your core muscles. Without a solid core to support you, you’ll end up with a lot of physical ailments and injuries, and unable to accomplish your workout regime.

The same thing goes for business. You’ve got to build the core of your business. Why are you doing this? Who are your customers? What makes you stand out? You need to decide what your business is focused on and then make sure you keep that focus, even as you build other elements.

Having a strong foundation will allow you to expand and contract as needed with market fluctuations. If you fail to build your core, you will flop.

Related: 5 Elements That Shape the Core of a Strong Startup

4. It’marathon, not sprint.

You can’t just show up on day one and expect to kill it. It doesn’t work like that, either in business or at the gym. Your strength and endurance can only be built slowly.

If you push yourself too far, too fast, you may hit burnout before you reach your goal. What matters is being persistent, showing up day in and day out. Sometimes the biggest accomplishment is being able to put one foot in front of the other and keep moving toward your goal.

You have to know when to press forward, when to work on gaining strength, when to throttle back and when to give it your all. Any transformation you go through will be painful. But if you want to accomplish your goals, you’ve got to push through the pain.

It’s easy to do nothing: to sit on the couch and accept being average. But if you want to be a successful entrepreneur, you’ve got to be in it for the long haul. The same thing goes for the gym.

Related: My Journey From Couch-Surfing Kid to Tech Engineer

5. Get your creative juices flowing.

When you work out, you’re giving your body a chance to exert energy, to burn off stress, to focus on the here and now and let go of issues that have been plaguing you.

A good workout session can feel like a chance to purge your body through sweat, but it can also be cathartic for your mind. Working out reduces stress and helps you focus. But more than that, it’s also a great way to open yourself up to new ideas.

The gym can be a great place to get both your brain and your body working outside the box. It can give you that mental spark you’ve been looking for. One study shows that those who work out regularly do better on tests of creativity than those who are sedentary. Moving your body can help you overcome mental blocks and go deeper into a problem.

Scientists now recognize that intense exercise helps your brain produce brain-derived neutrophic factor, an important protein that helps stimulate the process of neurogenesis, which is the growth of new brain cells. What more do you need to know to convince you to hit the gym?

[“Source-entrepreneur”]

5 Apps That Can Help You Save Big, Or Even Get Paid

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MINNEAPOLIS (WCCO) — Many apps we can download on our phones promise to save us money or earn rewards. From scanning a barcode to taking a survey, there are hundreds of programs you can choose from.

One blogger tried dozens of them and narrowed it down to the top five free apps she’s cashed in on.

“All of my family will come to me and say, ‘I’m going to be buying this, how can I save money?’” blogger Sarah Carlson said.

She’s come a long way from clipping coupons for her mom every Sunday — now, Carlson shares her savings secrets on realhousewivesofmn.com. She regularly blogs about the apps she’s tried.

“There are a lot of apps out there right now where you can either save money or make money too,” she said.

And she had no trouble coming up with her top five.

Shopkick

“I think my top money saving app is Shopkick,” she said.

Shopkick offers rewards for shopping online or for walking in to stores. Scan bar codes on products for more kicks or points. Then, redeem them for gift cards or merchandise from Target to Best Buy to Starbucks.

“It’s really easy and that’s why I like it so much.”

ShopSavvy

Shop Savvy made the second pick on her list. Scan the bar code and the app searches stores to find the best price. Most will price match if you find a better deal.

Carlson usually uses it any time she’s about to spend more than 20 dollars for an item. She saved 50 dollars on a TV the last time she used it.

“You’re still walking out of the same store with the same item with 50 more dollars in your pocket. Why not?” she said.

PocketFlip

Don’t bother leaving your home to be able to use the third on her list — PocketFlip is survey-based.

“You go through the surveys and earn points, and once you earn enough points you can cash out for gift cards,” Carlson said.

Each survey is under five minutes. They’re usually based on beauty and home products commonly used.

Ibotta

“These apps are a little bit different in that you make the purchase first and then you upload the receipt afterwards,” Carlson said.

Ibotta pays you cash back on many items, mostly groceries. You cash out once you reach the $20 mark either through PayPal or a gift card.

Gift Card Granny

“Another great app is Gift Card Granny,” Carlson said. “Basically, it’s an app that shows you things that are for sale for less than their value.”

It’s that simple — shop for gift cards less than their value. We saw 21 percent savings for Fandango gift cards for movie ticket savings and 14 percent on Starbucks cards.

Feeling overwhelmed? Carlson suggests just picking a couple of apps and you’ll save something.

“Use the ones that work for you,” she said. “That’s better than saving nothing.”

Another app you might like is called Qapital. Everytime you use a credit card it rounds up to the nearest dollar, and that money goes straight into a savings account.

[“Source-minnesota”]

Moto Makes a Strong Comeback in the US, Enters Top 5: Counterpoint

Moto Makes a Strong Comeback in the US, Enters Top 5: Counterpoint

Lenovo brand Moto made a significant comeback in the US in the third quarter this year, almost doubling its volumes and market share annually and was the fastest growing brand, Counterpoint Research said on Saturday.

The US smartphone shipments remained flat during the third quarter. Moto, ZTE, and LG registered strong gains and Verizon remained the largest smartphone sales channel, revealed Counterpoint’s Market Monitor programme.

“Motorola jumped back into the top five rankings after a long time. Motorola’s focus on affordable devices for prepaid/unlocked market and breaking out from Verizon’s shadows helped drive growth during the quarter,” said Research Analyst Archana Srinivasan.

Motorola also benefited in terms of visibility with presence across all four of the major carriers with its Moto Z2 Force Edition in premium segment.

“The Moto E series was actually the key volume driver for Motorola during the quarter across prepaid and open channels,” Srinivasan added.

Verizon had a good quarter and remained the biggest channel for smartphone sales, followed by T-Mobile, AT&T, and Sprint.

“LG had a strong quarter recording highest ever volume for the third quarter closing on Samsung volumes, especially at T-Mobile & Sprint,” said Research Director Neil Shah.

Apple iPhone 7 was the most popular smartphone in the US. The Moto E4 and LG Stylo 3 were also solid performers. LG grew its share to 17.6 percent.

ZTE grew its smartphone volumes 34 percent (year-on-year).

[“Source-gadgets.ndtv”]

5 Reasons Budgeting Apps Don’t Work For Most People

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Can we all agree that one of the secrets to achieving financial independence is figuring out a way to spend less than you make? OK, good. Then why aren’t more of us better at it? Credit card debt levels are the highest they’ve ever been. Clearly, finding a way to budget is a bit of a holy grail for many people.

The thing is, there is no perfect way to track or control spending. The way people make spending decisions varies as much as the number of ways to order at Starbucks so as a financial coach, I’m always on the look-out for new ways to make it simple and painless. In other words, I’m in search of the My Fitness Pal for money.

However, I’m not so sure an app is what’s going to move the needle. In fact, using a screen to make financial decisions may actually promote bad behavior. How many times has a notification popped up that lead to you filling a digital cart? Here’s why I think we need to stop trying to find the perfect app and instead master the pen and paper or spreadsheet way of tracking money:

1. It’s too easy to ignore. If I had a dollar for every person that confessed that they tried Mint, but eventually the text alerts and notifications started driving them crazy, I could afford a personal chef. Yes, money apps can help you set alerts to notify you when you’re coming close to overspending, but they can easily get lost in the myriad of more fun notifications that already flood your screen. Just nagging isn’t enough to actually keep money in your account.

2. You still have to actually maintain it. No software is perfect. So even if you are able to effectively link your apps to all of your accounts for an accurate look at where you are, you still need to log in regularly to make sure it is categorizing correctly.

If you’re trying to track spending on dining out and booze, you have to go in and make sure it doesn’t think your liquor store is a grocery store (that happened), and what happens when you buy wine while grocery shopping or if your restaurant lunch is actually reimbursed by work? You have to manually fix that stuff, and if you don’t do it regularly, it will become too much. You might as well use that time maintaining a spreadsheet.

3. My Fitness Pal doesn’t actually stop the chips from going in my mouth. You can have your phone tell you six ways ‘til Sunday that you’ve blown your calorie allotment for the day before you even get to dinner, but unless I’m in the first four days or so of tracking, I’m probably still going to eat before I go to bed. Financial apps work the same way. They give you the data, but only you can take that next step of keeping the money in your account.

4. My brain is changing and I don’t like it. I do think I’m addicted to my iPhone. My compulsion to check email when I’m already feeling overwhelmed with tasks is constant, even when I don’t actually want to be working.

I’ve also noticed that it’s become totally socially acceptable to be texting, Facebooking, Instagramming, Snapchatting, etc. while hanging out with friends. I hate that! Adding financial management to my phone just exacerbates the problem. So I’m putting the phone down and I think you should too.

5. We notice what we pay attention to. When I purchased my Mini Cooper, “Sheldon”, I was excited about the white racing stripes that I thought made him unique. Then I started to notice how many other electric blue Mini Coopers had white racing stripes.

Was there a sudden surge in the popularity of this style? No. I just started noticing it.

The same thing goes for your money. I started tracking my net worth on a monthly basis a couple of years ago. Nothing complicated – I just list all my accounts and about the same time each month, I add a new column with their current balances.

I love watching the amount grow in my 401(k) while seeing the value decrease on my car loan. And I LOVE putting a big fat zero down in the student loan line these days! This is a great way for me to make sure I’m checking in on my money at least monthly and it is fun to watch my net worth slowly but steadily increase. Try it and see if it doesn’t also get you starting to track other things like how much you spent the previous month on carry-out dinners.

There is one thing I think you can use your phone to help with and that’s checking your bank account daily. Every morning when you’re doing that first check to see what you missed on social media, add in a quick check of your bank account to see if anything funky posted overnight. This can save you from expensive overdrafts and help you catch fraud much sooner.

[“Source-forbes”]