069: Converting Your Ideas and Giftings into Wealth and Your Wealth into Significance – Part 1 (w/ Davis Mutabwa)

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I am excited to have you join me in this solo episode which is actually a workshop I hosted for over 50 entrepreneurs. It’s a relaxed yet entertaining training environment where I walk you through a couple of key concepts that have helped shape my mindset towards business over the last 20 years.

Listen in and find out:

• What your 2 missions in life should be?
• The key steps to move you from Idea Stage to Significance
• Case studies on ideas and giftings that have been executed into global brands today.
• Plus much more.

Significance and legacy

Find a reason why you want to achieve what you want to achieve. That way, you will always stay motivated even in the midst of challenges

1.0 NUMBER ONE MISSION IN LIFE

Find out what you are passionate about and what excites you because it causes you to keep going when things get tough.

If you find yourself working in a job that you not excited about, it’s going to be a bit of a drag.

Write down what you are passionate about and then write down the answers

1.1 Areas of influence: Seven Mountains of Influence

These are the areas where your passion will most likely fall under, and they are:

Business: We all go looking for a job from business people. Therefore, they influence our lives.

Government and politics: Government makes the policies that influence our lives. For example, when they say, “Drive on the left,” we drive on the left. If one doesn’t drive on the left, they’re in trouble.

Arts and entertainment: This is where we find music, movies and other forms of entertainment where there are celebrities, for example, Hollywood. They influence the hairstyles we wear, the clothes we wear and much more.

Religion: All of us have grown up in church or some form of variation of that and that influences us immensely

Education: This where we learn most of what we know

Media: This includes popular media outlets like CNN, BBC and different TV channels. They influence how we understand what is happening in the world. What they show on TV is what we believe is happening. For example, if they show us that there’s an earthquake somewhere, we understand there’s an earthquake somewhere and if they show us ISIS is taking over the Middle East, we understand that that’s what is happening. We don’t actually go to the Middle East to work it out for ourselves. If they present Africa the way it has been presented, that is how the world understands Africa as being. Unless we have somebody in the media sphere from Africa who begins to change the perspective that people have, that doesn’t change.

Family: This constitutes how we are raised, how we grow up, the community that we live in.

Tip: Once you understand where your passion sits, then you can begin to take the next step.

1.2 Building a career or business

Once you have identified under which category your passion sits, make sure it always excites you in your day to day life and then look into your actual skills, strengths, and gifts to determine whether they match what you are passionate about. Your skills, strengths and gifts have to work hand in hand with your passion, to help you fulfil that passion.

For example, someone who is passionate about singing has to have a good voice and strong singing skills, or at least be in a position to learn good singing skills. You may also find another angle in the music industry that you can do other than singing, for example, producing music, and much more.

1.3 Ideas

As yourself what ideas you have and what ideas keep resurfacing in your mind.

Don’t keep sharing your ideas every time you get them, build on them for a while before you start sharing them, because you may share an idea with someone and end up aborting it. Sharing it might discourage you out of it completely.

Don’t wait for someone else to do your idea. It doesn’t matter if they’ve made a start because your idea is unique and so are you.

If an idea is in you, just do it

For example, if your idea has been to start a hair salon, the way some else will do their hair salon is different than the way you will do your hair salon. Just because someone else is doing it, it doesn’t mean you cannot do it. Because you are unique, you will attract your own clients and make money.

1.4 Investing in the idea

Once you have made the choice to go into your idea, you have to have faith in it. In business, that faith is called risk. Ask yourself how much money you need to start and how much you can invest in it. If you want to borrow that money, make sure you understand what you are investing in and the risks involved.

Tip: Entrepreneurship requires a lot of work. When you are starting out, you will invest a lot of time without pay

1.5 The risk factor

Tip: Starting a business requires risk. It’s not as safe as a getting or staying at a job but it’s certainly the most rewarding if you work hard at it.

1.6 Understanding your purpose

We all have a different purpose and you can achieve yours if you follow through the above formula. You will know your purpose by looking into whether you are passionate about what you do. If you drag yourself every morning to go to work, then you are not living your passion, you are being forced to do it.

If you are living your passion, you will always wake up looking forward to it. You will not even want to go to sleep because you want to keep doing it every single second.

Tip: Starting a business requires risk. It’s not as safe as a getting or staying at a job but it’s certainly the most rewarding if you work hard at it.

Get Your Hopes Up and Maximize Your Dreams

Cheers,
Davis!

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