Showing posts with label entrepreneurial success. Show all posts
Showing posts with label entrepreneurial success. Show all posts

Thursday, April 16, 2015

10 Things You Need To Stop Doing If You Want To Be Successful

Success means something different to every person: like beauty, it exists in the eye of the beholder.  It is your responsibility to determine what success means for you, and how you go about breeding success in your life.
Despite this, there are definitely hindrances to success. These drawbacks are ubiquitous in their ability to deter your success. But don’t fret because if you seek success, and you fear your actions are blocking your desire for success, you have the power and control to overcome the following obstacles.

1. Making Excuses

Stop blaming other people for why you don’t get what you want. Stop refusing to accept responsibility for your mistakes. You make your own choices and you make your own mistakes.In general, stop justifying your poor choices and stop attributing your lack of success to things outside of your control. Successful people don’t do this.
You are going to err. You are going to fail. When this inevitably occurs look within, in a non-judgmental manner, and figure out what you can do better next time. Don’t waste time looking externally by creating excuses for why you didn’t achieve success.

2. Focusing on the Negatives

Yes, there are negative circumstances in life that you have no control over. There are also plenty of positive experiences in your life. I am willing to bet you have more positives in your life than negatives. You are capable of living with a positive perspective. If you want to cultivate success in your life than you need to concentrate on all the good. You shouldn’t disregard the negative, but you don’t have to give it so much of your attention. Otherwise you are never going to be satisfied because you are so focused on the unfavorable conditions of your life. Even if you reach a level of ostensible success, your continued focus on the negatives will prevent you from relishing your accomplishments.

3. Fearing Failure

As I previously stated, YOU ARE GOING TO FAIL! There is no reason to fear it. Rather, you should embrace it. Learn from it, and ultimately improve from it.
When you are successful you know you are always trying your best. When you fail it is not a reflection of you as a person; you are not a flawed individual. View failure as an opportunity to grow, not as something to be feared.

4. Looking for the Easy Way

I want to preface by stating that attaining success isn’t supposed to be an improbable venture where you have to overcome a certain amount of adversity and hardship. I am opining that successful people don’t look for the easy way through life.
Merely strolling through life on cruise control is not the blueprint for success. You need to challenge yourself at times. Push yourself and stretch your limits. Aim to reach your maximum potential, and then go beyond that. That is a success in itself.

5. Beating Yourself Up

You wouldn’t ever beat yourself up physically so why would you do it emotionally and mentally? Learning how to skillfully deal with your thoughts and emotions when you are facing adverse situations is crucial to being successful.
Get upset over things. Express your emotions in an appropriate manner. Be unhappy from time to time. It is going to happen. But don’t ruminate over unpleasant memories and beat yourself up over things that already occurred. Too much time and energy spent on this diverts your attention away from more important endeavors like progressing toward your goals.

6. Being Ungrateful

The best way to establish more contentment in your life is to be more grateful. If you want to push away happiness, joy, and bliss than be ungrateful. Gratitude breeds happiness but it also breeds success. If you are grateful for your life and everything that comprises it you are going to have a less complicated time attaining wealth and accomplishing your goals.
I don’t just mean financial wealth because wealth includes all kinds of valuables. I am not proposing that all financially wealthy people are grateful, and therefore, successful, or that all financially poor people are ungrateful, and therefore unsuccessful.
Being ungrateful is not congruent with getting ahead in life. If you crave success than observe everything you are grateful for. Your gratitude will serve as a compass for your life. It will guide your decision-making, and lead you to success.

7. Concentrating Solely on Your Needs

Hopefully this goes without saying but focusing only on yourself is not going to help you attain success. You could be the wealthiest person on the planet, and it is apparent that you are extremely successful. If you accrued your wealth by taking advantage of people, or by being selfish and egotistical, you are not successful in my book. You probably wouldn’t be very happy either. The best way to succeed in life is by helping someone else!

8. Getting Distracted

You were going to start your book but…You were going to launch your dream business idea but…You were going to travel through Asia but…
I get it. Things come up. Life takes you on a different course. It happens sometimes. But don’t allow yourself to become distracted from realizing your dreams. When distractions obstruct you from your passions than you are moving further and further away from claiming your ultimate successes.
This starts with your daily life. It is fun and often necessary to log onto Facebook and check emails, but don’t allow the modern technological age to prevent you from the work that needs to be finished today. Success is based on working toward your goals while not letting disruptions hinder that.

9. Living Aimlessly

It is your responsibility to ascertain your life goals and objectives. Being successful means you are fulfilling your life’s purpose every day.
Whether your purpose is super ambitious such as solving world hunger or more feasible like being happy, doesn’t matter. The point is that you are aiming to be the best you can be. Steadily wandering through life without any ambitions or without contributing anything to society is not what successful people do.

10. Giving Up

When you face an improbable obstacle in life how do you respond? Do you give up, or do you keep pressing on? Successful people don’t give up. They commit themselves to reaching their final destination. They may not ever get there, but they don’t allow impediments to prevent them from trying. This means continuing on despite failures and disappointments.
Success encompasses a lot of different arenas. What works for financial success may not translate into relationship success. Being successful as an athlete doesn’t necessarily make you successful as a student as well. There are varying degrees of success depending on what situation you are in.
Regardless, the fundamental backbone of success is trying your best. If you put forth your best effort, without harming others in the process, than you are a successful person. This can apply to work, family, friends, relationships, hobbies, etc. As the late great John Wooden said, “Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming.” I think that sums it up beautifully.
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Tuesday, April 7, 2015

5 Powerful Rules for Women Entrepreneurs to Live By


When I became an entrepreneur, I was motivated by one thing: freedom. I wanted the flexibility to follow my dream. Entrepreneurship allowed me to do work that was engaging and empowering.
I’m not alone. According to a Cox Business study, 61 percent of women entrepreneurs started a business to be their own boss, and more than 50 percent became entrepreneurs to have greater control over their future.
So, what holds more women back from taking the plunge? Sometimes, a “good enough” life is itself a deterrent. College, the corporate ladder, a family: Often these things feel comfortable.
“I was successful at a job that wasn’t really that difficult,” Linda Shesto, CEO of Pearl Aqua LLC, tells me. “When it was time to step into a new reality and become an entrepreneur, I wanted everything set up perfectly. I wanted the same formula for success."
But there’s no magic formula for entrepreneurial success, of course. Stepping into the unknown is scary -- and many women doubt their abilities, feeling like impostors. “I believe that no matter how thoroughly prepared a woman might be, she will feel unprepared, whereas a man will feel even more prepared than he really is,” Shesto says. Unfortunately, research supports this notion.
Other women hesitate to pursue entrepreneurship from fear of not having enough time for themselves or their families. Melissa Sherwood, CEO and creative director at Klara Kelly, says that the biggest challenge is balancing running her business with running her household. And there are many like her. Sherwood’s husband can leave work at the office. But she says that her home is her office, making it that much tougher to get work done when her kids are home.
Here, then, are five strategies to help you crush these types of entrepreneurial fears and succeed even as you step into the unknown:

1. Quit seeking validation and embrace your crazy.

This is your business. It’s yours because no one else has had the vision you did to start it. Stop seeking validation before you launch a new product, program or idea. The most successful people are those who were once believed to be crazy.

2. Celebrate even the smallest of wins.

To maintain a go-getter attitude requires positive reinforcement. Have you worked up the courage to make that call you’ve been putting off? Finally gotten through that stack of paperwork? Kick up your heels and celebrate! That energy will carry you forward.

3. Get specific

Now that you’re trusting your own instincts and celebrating along the way, challenge yourself to break down your vision into smaller chunks. With the freedom to do what you want during the day comes the increased need to stick to a plan. What do you want to achieve this month -- and what do you need to do this week to reach your goals? As we know, writing your goals down significantly increases your chances of success.

4. Know that making money is like making broccoli

A mentor once told me that making money is like making broccoli: You’re not afraid of using up the broccoli in your fridge, are you? You know you can always get more.
Similarly, if you’re committed to growing your business, you can’t be afraid to invest in your growth or do the things that excite you. Rather than worry about the money you’re spending, focus on making each investment worthwhile.

5. Decide to be grateful

My dad used to say that no matter how good or bad you have it, there’s always someone who has it better than you and someone who has it worse than you. Comparison is the root of despair. Every day, we get to choose to be grateful for what we have, regardless of where we want to be.
“At the end of the day, I work for myself, and you can’t put a price tag on that,” Sherwood tells me. “I also can’t put a value on the lessons that I am teaching my children as they watch me build my company.”
Like anything worthwhile, being an entrepreneur isn't easy. All of us, however, can be grateful for the opportunity to pursue meaningful work and build a life we love. What more could we ask for?
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Sunday, September 21, 2014

You Might Be an Entrepreneur If You Meet These 3 Conditions


1. The right skills

Marketing innovation. As Michael Ellsberg wrote in The Education of Millionaires, the prerequisite to selling is listening. It's important to understand people and their needs, build networks and relationships and create unique solutions to pitch effectively.

Managing risk. Entrepreneurs aren’t risk takers as much as they're risk minimizers. One way to minimize risk is to bootstrap: Provide the resources for a startup with customer revenues. Another way is to follow the advice of Eric Ries, pioneer of the lean startup movement, proponent of the “build-measure-learn” mantra.

Test all business model assumptions, ranging from the notion of the customer problem to the hypothosized revenue stream. Startup expert Ash Maurya wrote in Running Lean that the job of entrepreneurs is to find a business model that works before running out of money.

Leading oneself and others. Entrepreneurs keep going when others stop trying. They overcome seemingly insurmountable obstacles. They build tribes. They transcend the status quo, form new relationships and patterns of behavior and bring change where it's sometimes unwanted.

Having experienced the process, entrepreneurs quickly adapt and confidently try new things. And things don’t always go as planned. Entrepreneurs, like leaders in the “fundamental state,”  a term coined by Robert Quinn in Building the Bridge As You Walk Across It, have the “adaptive confidence,” “detached interdependence” and “grounded vision” to figure things out.


2. The right process

Entrepreneurship is a discipline. Peter Drucker, sometimes called the "inventor of management," argued that entrepreneurship is a management discipline. It’s a process that can be learned and applied.  

Discipline implies a process. Entrepreneur and educator, Steve Blank, outlined the customer development process in The Four Steps to the Epiphany, which was validated and further refined by Maurya and Ries for their own startups (Spark59 and IMVU, respectively). The process begins with customer discovery or understanding problems from consumers' perspective and testing whether the entrepreneur’s solution fits. 

Then there's customer validation or determining how, when and where customers (the market) and the entrepreneur’s solution (the product) meet and value can be exchanged. And customer creation entails discovering how to entice the next wave of customers to move en masse toward the sales channel. Then and only then should resources be spent to build a company to support the business model.

That last step is called company creation. Before I became a lean startup convert, I used to ask students to do the company creation step first. They wrote long business plans outlining the structure of their company before any of them knew or had tested if they had a business model that worked. How wrong I was. And how much student time and resources I wasted!

3. The right heart

Love of the game. It takes much trial and error to find a business model that works. If a businessperson doesn’t love the process, he’ll lose energy not only before running out of money but also before it's even the right time to ask for money. 

Commitment. So what determines if entrepreneurs keep going? Love, like skill, involves both nature and nurture. It entails affection, passion and discipline. It requires both the heart and head. As is the case in a marriage, a commitment to putting others first is needed for getting through the tough times. The entrepreneur should find ways to complement others' skills and invite them to complement hers. Entrepreneurship is one of the ultimate team sports. 

Skills, process and heart can be learned. They also flow from some natural endowments.

The most difficult challenge in operating an incubator at the college level is giving students enough time to discover and develop the skills, process and heart to become successful entrepreneurs. And if they do, the next challenge is giving them the opportunity to prove that they deserve additional support to find a business model that works.

Source: http://tinyurl.com/AreUanEntrepreneur

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Monday, August 25, 2014

NYC Rich Dad Seminar


Last Saturday I attended the Rich Dad free seminar in NYC for the first time and I have got to tell you...AMAZING! I thought they were only going talk about how to manage your finances which they did but they also provide you with awesome and RELIABLE income opportunities! Only fools wouldn't take advantage of the golden nuggets that the speakers give to them! 

If you are highly-motivated and really want to become an entrepreneur then attend some of the Rich Dad seminars. You will thank me later! I would give you all more details about the seminars but I wouldn't wanna spoil the fun for you soooo here's the website for you to join Rich Dad Seminar

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Wednesday, August 13, 2014

5 Life Lessons You Never Learned in School


To the untrained ear, the advice given to Jim Rohn by his mentor Earl Schoaff sounds contradictory. 

“Learn to work harder on yourself than you do on your job,” the late philosopher says with his unique cadence and tone. 


But listen to the words from Rohn’s mouth and you know that this man’s advice is anything but contradictory. He’s not saying you shouldn’t work hard at a job you love. The hard work comes naturally when you love what you do. 


What Rohn is saying is that personal development—the building and strengthening of you—is how you become better at everything else. Communication, time management, goal setting, leadership—these all improve when you do. SUCCESS has compiled a series of five guides on communication, time management, goal setting, leadership and personal development, based on the transcripts of Rohn’s most popular lectures and writings. Released this month in the SUCCESS Store, The Jim Rohn Guide Series comprises curated, 20-minute infusions of wisdom you’ll not likely find elsewhere.


Here we share the SUCCESS editors’ five favorite lessons from the series:


Lesson 1: Communication 


“In order to be effective, your communication should be on purpose. Yes, occasionally you may say something off the top of your head and that can hold weight with others, but this is the exception and not the rule. Know what you want to communicate, when you want to communicate and how you want to communicate.”    
 —from The Jim Rohn Guide to Communication


Lesson 2: Personal Development 

“The quest for personal development is the solving of problems. Success is simply solving problems. Sure, some things are complicated, but if you take it one piece at a time--solve the problems, put it back together--you can’t believe the enterprise you could build. Take it a piece at a time, master it, and then put it back together to solve it.”     


—from The Jim Rohn Guide to Personal Development


Lesson 3: Goal Setting 


“A life best lived is a life by design. Not by accident, and not by just walking through the day careening from wall to wall and managing to survive. That’s okay. But if you can start giving your life dimensions and design and color and objectives and purpose, the results can be staggering.”    
 —from The Jim Rohn Guide to Goal Setting


Lesson 4: Leadership 


“Be strong but not rude. Be kind but not weak. Be bold but not a bully. Be humble but not timid. Be thoughtful but not lazy. Be proud but not arrogant. Have humor without folly.”     


—from The Jim Rohn Guide to Leadership


Lesson 5: Time Management 


“When you work, work. When you play, play. Don’t mix the two.”     


—from The Jim Rohn Guide to Time Management



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Thursday, July 24, 2014

Want Your Business to Grow? Help Your Employees Succeed


We’ve all heard the saying that "a team is only as strong as its weakest link," but the number of business leaders choosing to ignore this sentiment is staggering, as they are more concerned with their own development and less so with their employees. Not a smart move.

Investing time in your employees and giving them the tools they need to develop is incredibly important for output quality, morale and retention.


On the flip side, a team of employees with a lack of direction and thus selfish objectives will be unable to meet collaborative goals.


Leaders need to change their mindset and begin focusing on behavior that is more conducive to group dynamics by giving those around them the help, support and attention they need to flourish.


Here are a few tips on how to help employees succeed.


1. Become a mentor


When mentors come on board, professional are likely to excel at a quicker rate than those who chose to go it alone, and the number of influential leaders -- Sheryl Sandberg, Indra Nooyi and Mark Zuckerberg, to name just three -- crediting their success, in part, to mentors during their formative business years is testament to this.

To help your employees reach their full potential and thus become more valuable to your organization, you need to become a teacher as well as a leader.


A good mentor not only believes in their mentee but also realizes they are an actual person -- not just a cog in a machine. What makes them tick? What deflates them?


Plus, it is important that you are honest with your mentee and push the employee to her fullest. Provide support and guide her through the politics of the organization, encourage her to take risks and strive for success.


2. Share knowledge


It may sound obvious but one of the most effective ways to help those around you succeed is by sharing knowledge and information. By imparting your wisdom and giving others the benefit of your experience you accelerate their professional growth, while sharpening your own understanding. It also can help meet company-wide goals.

3. Invest time in people


The management mettle of any leader can be tested by the amount of time they invest in their subordinates. You can't expect to lead people effectively if you don’t take the time to offer critical guidance and support. Sit down one on one with your employees and provide feedback, highlight opportunities, discuss their professional development and point out skills they could improve on.

Also as a manager, respond quickly to their queries. If you say you will find out an answer for them, make sure you do.

4. Make sure people are in the right position


Leadership is about more than overseeing a team of people, it's about ensuring everybody on that team is working to the very best of their ability. Make sure all your people are in the right position within the company. Help your employees identify their strengths and make them aware of opportunities that suit their key skills. Sometimes putting people in a new role (even if it's considered a demotion) can help them achieve more in the long run.


5. Create development plans


The best way to help those around you reach their potential is to engage them in their development. Start by creating your own plan. Think about where you could improve, what skills you could hone and what you could change for the better. Then share your findings and improvements with your team.

Once you have done this, sit down with them individually and together create their development plans. Ask them what they would like to improve, what skills they would like to learn and in what time frame. By involving your people in their own development, you are more likely to see results. When setting any targets, checks or performance measures it’s also critical to follow up and set new goals: Reward people when they reach their objectives and continue to raise the bar.



6. Lead by example


It should really go without saying but good leaders, well, they lead. The best business leaders set the standard with actions rather than words. They are the first one into the office, and the last out each day. They take on their fair share of the workload and will be an advocate for the company inside and outside the office.


7. Keep your legacy in mind


It may sound macabre but a good way to critique your own leadership style is to write your own eulogy. How do you want to be remembered? Once you have identified the type of leader you want to be, you can begin working towards that end goal. 




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