Successful businesses share many commonalities. Anyone can start their own business, they key is to last.
Over an hour of priceless information for true success in business, and in life.
Sales are like the water of a pump.Listen to your gut. Have a strong belief in yourself
Focus & specialize in one thing
Have patience and foresight. If you don’t have patience you can’t be successful in business because almost everything in business is timing. We all as people always want it too soon.
We live in a society where everyone wants everything now said Brian Tracy decades ago. Imagine now how impatient we all have gotten.
Six months is not enough in the marketplace. Another few months can be the difference between failure and tremendous success.
Work systematically, patiently and as quickly as possible. Overtime you will be successful, overtime you put all the odds on your side.
Intense desire and intense goals
Age of Entrepreneur
We have entered the age of the entrepreneur. Millions of businesses are incorporated ever year in the United States alone, and only the registered ones.
Out of those businesses, 80% will fail in the first 4 to 5 years.
Over 80% of 800,000 millionaires in the United States are self-made
Why do businesses fail?
- Lack of knowledge: People don’t know how to run a business successfully.
- Lack of support: People cannot get the support they need, from creditors, bankers, friends, customers, etc.
- Lack of capital: Lack of money, they cannot get enough money to last through tough times.
Every bank in the world exists to make loans for businesses. They love giving loans to businesses, so getting the money it is not as hard as many think, but before asking for / rising more money you must have a business plan.
It is what customers want that determines business activity.
If a company is not growing and prospering it means it is not producing the goods and services that people want.
If we are doing it right or if we are doing it wrong… the marketplace will tell us.
As customers we want the very most for the very least. If someone can offer it to us for cheaper, better, faster… we will go for it.
As human beings we all want to be better off in the future than we are in the present.
Customers always make rational decisions, which means that customers are always right.
“Customers are stupid” some people like to think, but it’s not true.
Ask yourself all the time: Who is your customer? Who is your BIGGEST customer?
How valuable is your service to other people?
Do everything possible to increase your value.
Do the extra little things.
The master key to riches is self-discipline.
Know yourself and know what you want in life.
Try to live the life you have always imagined for yourself.
You got to have a dream if you want to make a dream come true.
The ability to focus is the ABSOLUTE CRITICAL requirement for success in business. To set and hit targets. A person who is focused, of average intelligence, will achieve much more than someone who is a genius but is all over the place.
Making excuses is a disease that is fatal to success.
Successful businesses men are quite ordinary people, but highly skilled at being focused.
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