I have wanted to write this particular blog for a while. I think that most entrepreneurs are interested in what things will make them successful. I have comprised my list of 3 tips for a Successful Business.
First, forget about being an expert. You need to understand that business is separate from the very thing you are an expert on. Business skills are critical to your success. Most people think that they will be a success if they just focus on what they are an expert on. Well, if that happens, typically any venture would be short lived.
Make good use of your team. While you’re at it, make sure your team is good. Set up an annual budget and stick to it. Stay out of debt as much as possible and know where your money is going and how it is coming in. Focus on your business, not what you’re an expert on (shoes, consulting, real estate, etc.).
Most of my mistakes that I have made in business, and there have been several, have been because of this principal. I did not, or the people that I had in place did not, focus on good business strategies. This is one item that I have changed in my business life, and it has made a huge difference.
Two, expect a level of difficulty that you’re not familiar with. Most people when starting a business do not expect the level of difficulty that usually comes. You must stay the course and continue to take action in working toward your goals. That is easier said than done.
When you are just starting out as an entrepreneur, you get hit with all kinds of challenges. Those challenges typically overflow into your personal life. To overcome this, you must be committed to staying the course, have balance through healthy stress relievers and stay positive through it all.
Try to eliminate all sorts of negativity in your life and you will notice that your challenges dissipate quicker. Your stay at the level of difficulty is up to you. Remember, what doesn’t kill you makes you and your business stronger!
Finally, Make what you do enjoying and fun. If you don’t enjoy what you do QUIT NOW. Life is too short to not enjoy what your doing. Life is a gift, why destroy the opportunity to be happy by enslaving yourself to a routine that makes you miserable.
That last paragraph is something that stops most people from being happy. It’s not that you can’t be happy, it’s that you won’t be happy! And that my friends, is the scoop to success not only in business, but also in life!
“Wealth has nothing to do with money, success has everything to do with failure, and life is as simple as you make it”! – John Dessauer