Is your dream to become a successful business owner? Don’t miss out of any of these.
Imagine the two of us attending a huge international business expo. On our arrival your vision of becoming a successful entrepreneur was firmly set in your mind. You were excited and eager to learn all about business. Yet the vastness of the exhibitions was somewhat overwhelming.
As we worked our way through all the different pavilions filled with stalls, a little voice kept on nagging on you – “will I ever be able to achieve all of this and become like these people?” I sensed that you were a bit nervous.
We paused for a moment. “What do you think of all of this?” I asked. You answered “this is awesome, I love what I see, but I don’t really know where to start.” Do you remember the question I asked you – “can you eat an elephant? Yes you can, but it have to be bit by bit.”
We continued our visit, filled with excitement, discovering new ideas and seeing the most innovative activities taking place. As we turned a corner, we were met by an amazing colorful stall drawing us closer like a magnet. The space was filled with boxes, each with an inscription on it. You made notes of all of them.
• This is what you wrote down:
• Good management skills
• Insight and judgement
• Proper planning and execution
• Location of your business
• Cash flow
• Control and management of gross profit
• Focus on the client and market
• Marketing techniques
• Innovation
• Creativity
• Quality of products or services
• Loyal and motivated personnel
• Proper financial management
In future posts we will have a close look at these listed components as well as many more. All of the aspects are of vital importance if you want to be the proud owner of a successful business.
CAUTION: Don’t for one minute think luck plays any roll along your journey to become a successful business owner. Success requires hard, honest work.
It might sound scary but more than 50% of all new businesses fail within the first year and only 5% will still be around after 5 years. I want you to be part of the 5% – let’s call them THE WINNING TEAM.
Imagine a group photo of this team and you are part of it!! Now we are getting to the exciting stuff. HOP ABOARD, your seat has been booked as part of the winning team. Follow the golden rules and you will make your dream come true. Coming posts will coach you how to start your business from nothing and work your way through to success.
TALK SOON!!
