“Things work out best for those who make the best of how things work out.” – John Wooden
How do you become successful at using specific methods to build and sustain your business? Well, it all begins in the mind: successful business people have a particular mind-set that I will define in seven ways:
1: They Clearly Define What They Want To Do
This means you have to take time to analyze your life and observe your vision and purpose in life. Successful business people take time to construct mental images that guide them throughout their journey; they put their business goals and vision on paper while the other people are winging it.
2: They Are Outcome Oriented
Successful entrepreneurs have a zealous drive to achieve success regardless of how many obstacles stand in their way. They have amazing clarity of the outcome. Because they take time to define what they want to do and what they want to accomplish, they remain driven to see the task through to its outcome.
3: They Deal With Actual Facts and Do What Has To Be Done
As an entrepreneur, emotions and assumptions should have a minimal influence on your decisions. Like other successful business people, you need to base your decisions on facts for accuracy. You will have to make sacrifices in your life. For instance, if according to (reliable) projections, an aspect of your business needs to change so your business can be better, do it even if it displeases or hurts you.
4: Live To Deliver Value
Successful entrepreneurs know that value comes back to you when you provide it. They understand the law of reciprocity that states so and work towards making themselves valuable too. They know that by doing valuable, they attract personal business relations that bring about greater business success.
5: Appreciate the Strength of a Mind Makeover
They change from the person they were before. They constantly seek experience through educating themselves and other people. They know the value of acquiring greater skills and eventually acquire confidence and self-worth, which helps them sustain the renewal of their minds.
They do not mix things; they do not let other things such as little obstacles and short-term indulgences obscure their goal. They keep their eyes on the prize and understand the importance of doing so. That is why they always choose to dedicate most of their time to the business.
7: They Regard Associations
Successful business people never forget that one can be successful by association. They respect the role of mentors, friends, business associates, and such people in quickening business advancement. They work to keep healthy associations with other people even if they do not really like them.
One more thing, successful entrepreneurs know what to avoid; they know that people who rarely succeed in business are typically those who:
1. Are afraid to try new things; they know they need to change but remain apprehensive and skeptical.
2. Are lazy and do not have sense of personal responsibility.
3. Are unobservant; people make it around them but they “don’t see.” The traditional canard of ‘particular’ people making it in society continues to blind and obscure their vision. This is usually by choice.
4. Remain closed-minded. They choose to be comfortable with their lives the way they are.
5. They isolate themselves from circumstances around them. They refuse to do things that may open up their minds to new things and opportunities. They do not learn, read books, or do things considered ‘social’ such as attending seminars. Sometimes such people are usually proud or egoistical people. ‘They know everything’ already so they find no need to seek more knowledge.
Adopting a success mindset is therefore important to business and financial success.
Now let us look at the 10-Step Startup System to starting your business. These are very important and we shall thus individually discuss them in subsequent chapters. However, just to lay them out, they include:
1. Brainstorming ideas
2. Building a business plan
3. Evaluating your finances
4. Determining your legal business structure
5. Registering with the government and IRS
6. Choosing your technology
7. Buying an insurance policy
8. Choosing your partners
9. Building your team
10. Branding yourself and advertising