The mindset for success as an entrepreneur

Posted: November 9th, 2009 | Author: | Filed under: Personal Growth | Tags: , , , , , , , , , , , , , , , , , , , | No Comments »

Here are some things I learnt about becoming more successful in business:

  1. Speed of implementation-once you have a idea put it into action,do not procrastinate.You can spend forever waiting for the right moment before launching a new product or idea.Do it now.If it does not work then know you have learned a lesson.Use it and move on.Which leads to..
  2. Failure is just an idea it is not a thing.Failure only exists inside your head if you let it.The great inventor Thomas Eddison said every time something did not work he knew he was one step closer to finding something that did.
  3. You get paid for results not work.People will only hand over money when they get what they want.You must streamline your activities so that everything serves the goal of giving the customer what she wants.So get away from the employee mindset of “I turn up for work so I should be paid”
  4. Most of the things you try in business will not work.Just accept that.You try things then move on.If there is no motion there is stagnation and that means death to your business.
  5. The three things you need to make your business work are a product,marketing and systems.Most people focus on the first to the detriment of the other two.Your marketing must be scientific.You must be able to measure everything,where your leads are coming from and how much they spend to name just two.Your system is how the business works.How orders are taken,where stock is kept ,how product is delivered,how payment is handled,how return goods are handled and how accounting is handled. Once the system is running you just need to fine tune it now and again ,but any bottle necks will close you down.

To your success

Andrew Collinson


Building Self Worth

Posted: May 19th, 2009 | Author: | Filed under: Personal Growth | Tags: , , , , , , , , , , , , , , , , , , , | No Comments »

If you are just starting out in a home based business,you may think you don’t know very much.It seems everyone else knows more than you,so what contribution do you have to make?

This period is very important for you so don’t be in a rush to get past it.Because the thing you will develop at this stage is the will to NEVER GIVE UP

There is a story about Winston Churchill who gave an address to the boys of Harrow school in 1941.The myth is that he got up and said these words:

“Never give in. Never give in. Never, never, never, never–in nothing, great or small, large or petty–never give in, except to convictions of honour and good sense. Never yield to force. Never yield to the apparently overwhelming might of the enemy.”

After that he just sat down.The truth is he said quite a bit more,put you get the point.

Many businesses fail in their first 12 months.Don’t let yours be one of them.This is probably the hardest part of the whole business cycle,getting airborne,getting altitude.

This is the time to learn to soak up as much information as you can from those that have gone before you.

Keep focused on your long term goals AND the next action step that is in from of you.Head in the clouds and feet on the ground as they say.

Perhaps you know that Thomas Eddison invented many things still in use today.But his success was built on failure.He invented so many things that just did not work.

But rather than give up he used his failure to generate more success.If you are not failing then you are not trying hard enough.

So never give in.Another Churchill quote ” if you are going through hell keep going”.

The light on the other side will be that much brighter.

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