Cultivate Inner Networks
Entrepreneurs practicing the art of business success know the power of networks. They take the time to identify and build relationships with key peers, mentors, and advisors. This inner network provides support, direction, and an increased number of people to assist.
Customer Centric
Business success requires an unwavering commitment to the customer. This commitment encompasses a mindset of understanding the customers’ world. Understanding the customer’s wants and needs provides the business with a greater opportunity to earn a loyal customer base. Focus away from business and profits, and toward what you can do to improve the life of your customers.
Humble Honesty
Business success requires the ability to know your strengths and weaknesses. Being open and honest about yourself and your business creates growth as an individual and as a company. Don’t spend time developing weaknesses. Find help for weak areas, enabling you to focus on strengths. Building our strengths instead of fixing our weakness is the path to mastery and success. Take the time to know yourself and business.
Adaptability
Business success requires the ability to adapt to changing situations. Nothing ever goes as planned. The world of business is full of surprises and unforeseen events. Using the habit of adaptability allows business owners to respond to circumstances with the ability to change course and act without complete information. Being flexible allows us to respond to changes without being paralysed with fear and uncertainty.
Opportunity Focused
Problems are a regular part of business life. Staff issues, customer misunderstandings, – the list is endless. To achieve business success, look at both sides of the coin. Every problem has an opportunity. Being opportunity focused makes the game of business fun and energising.
Finding A Better Way
Productivity is the cornerstone of business success. Formulate the habit of finding a better way to make your business more productive. This will create more time to focus on the critical issues that drive sales and profit. Productivity can be enhanced by technology, automation, outsourcing, and improving business processes.
Balanced Lifestyle Management
A business can consume your time and energy. It’s easy to allow the business to take control of your life. Business success requires the attribute of balancing all aspects of your life. Separating time for daily business tasks, profit driven tasks, and free time is a attribute that will make your business and life more enjoyable. Take the time to plan each week.
Learning and instilling new ways in your daily business life can have a dramatic effect on your level of success. Review each of the attributes. Choose one to focus on for a month or until you achieve mastery. Gradually incorporate each of the attributes of business success into your life and attain your business dreams.
By: James V Chapman
Posts Tagged ‘Mindset’
Attributes of Business Success
December 10th, 2009Online Business Verses Traditional Business
October 25th, 2009
What comes to mind when you think of Traditional Business? For myself I think of things such as large corporations and manufacturing companies with large overhead and many employees. I also think of the industrial age, an age of the last century. In that era you had to have vast amounts of land and big factories with hundreds of employees to be a millionaire such as Henry Ford.
In today’s day and age that we all live in and strive for success Is the information age. This age has brought a complete new set of rules along with standards in doing business. This amazing thing called the internet has brought the whole world within an arm distance to one another. It is easier than ever imagined to do business internationally.
Companies such as Amazon.com and eBay have been growing over the past decade and who is to say that it is going to stop any time soon. I am totally convinced that anything can be bought online with just a simple click of a mouse these days. Is online shopping or online purchasing in general going to become more and more popular as the years go on? Or is this whole Internet thing just a fad that will die like bell bottom jeans? The way that this trend is going proves to be a great time to start a online business of some sort. Statistics show that roughly 90 percent of recent millionaires have made there fortune online, with all age groups accountable. What does this mean? It is time for people to start to change there mindset when it comes to business, take a look at all options before purchasing a business of any sort.
There are many advantages in owning an online marketing or direct sales company. For myself the obvious difference was the start up cost, a couple thousand dollars is usually more than enough with most online companies. Compared to Traditional businesses where an investment of $500,000 is not out of the ordinary. So I must say that the feeling of not going bankrupt, if you don not perform as well as you intended is a relaxing feeling. The next biggest factor would have to be no employees. No more having to worry about them not showing up for work, payroll issues, leaving early, bad performance, and stealing from the company. I am not trying to bad mouth anyone and I know personally that there are many great employees out there, but the fact of the matter is that these are issues that will take place in any traditional business sooner or later. You choose, employees? Or no employees?
In any business I feel that the most important factor when starting out is to have good solid training. You see a lot of the time people start a business and fail because they don not have access to a mentor with the results that they want. To be successful all you need to do is find people with the results that you want and do what they did, repeat what they did every step of the way. I can not stress enough how critical it is to find a company with ongoing support and training in the industry.
The opportunity to create the life of your wildest dreams is no myth with online businesses, more and more people are achieving this everyday. Choosing the proper vehicle is your key for long term success. While doing your research on different companies, just remember to remain patient and do not rush into anything until your fully confident. Research things such as the background of the company and its founders, the products, and the training and support you will receive. Stick to these strategies and you can be living the life of your dreams sooner than you think.
By: Blake Martel
