Hello everyone. Today’s post is focused on a book recommendation for you all. I have been reading The Millionaire Fastlane by MJ De Marco. I really recommend this book for anyone starting out but it also is helpful to refresh your memory if you are a seasoned pro.
It certainly helps you to look at the traditional ways of thinking when it comes to careers of life expectations of your own or from your family, and show you that the is another way. It also talks a lot about the hard work that has to go in at the start which as you know I speak about a lot.
Do let me know if you buy it, how you get on with it. A lot of the principles I talk about and will continue to talk about as I blog further. Enjoy the read everyone.
So most of my readers I believe are from the UK where we have just gone into a new lockdown.
Now, some of you may think it is a terrible time to start a business, but I am here to say that no time is a terrible time and that there are many benefits from starting a business during lockdown.
The main one being: opportunity.
There is always opportunity in every situation, even in recessions. It is just finding where that opportunity is and capitalising on it.
That’s my piece for today, a short one just to keep you all positive out there.
Following on from my last post, one of the most important factors to tie all those tips together is having the confidence. Business confidence I call it. Believing in yourself and having the confidence to take the risks you need to take, is fundamentally the most important factor in being successful.
Now, when I talk about business confidence, I am not referring to confidence in markets but in confidence in yourself within business environments. Here is a great article that tells you all about why it is important to have confidence when being a business owner. It is well worth a read!
You will notice a big change in your productivity and success when you finally hit the point of being truly confident you can make it. Just keep working on your confidence and you will get there. The thing that really helped me was positive imagery. Often when you doubt yourself, you create a negative image in the future which hasn’t happened or is true reality and then believe this image. Positive imagery changes all this by reframing that image and thinking about the other side of the coin, what would it look like if everything went the way I would want it to?
Then you imagine this positive successful image of yourself and you have reframed your mind to think more optimistically and therefore have more confidence you can achieve what you set out to achieve. I really recommended reading as much as possible about reframing the mind into a more optimistic mindset, it is really key to be optimistic in business. Look around the internet and make sure to read reputable articles, here is an example of one I absolutely love on how to become more confident.
Be careful what you read as there are a lot of fake business gurus out there. If you have doubts, please just get in touch with me and I will help point you in the right direction but for now I hope this article is a good starting point.
Remember it takes time, you will not change to a confident business owner overnight if currently you are fairly pessimistic and nervous. But, know that it can be done. I can speak from experience here.
I thought I’d start off with post that goes into all the things I’ve learnt throughout my life on being successful in business. Now don’t get me wrong, I’ve had many failures in the past, it hasn’t always been a success, but that is how you learn to be successful… by learning from your mistakes.
So without further ado, here they are:
Work, work, work. Work ethic is everything, you get what you put in so be prepared to do the hours!
Learn to be good at sales. Read, practice, watch other good salesmen. You need to be able to sell as selling is everything, and I mean even talking in a conversation with a stranger is selling yourself.
Take the risk. You have to be ready to take risks, calculated risks though mind.
Organisation. Make sure you are organised. Do not end up spending weeks trying to get your receipts together for a tax return because you haven’t filed them properly!
Manage your time. Make sure you are managing your time efficiently. So much time can be lost to the small things, so set timers on tasks & plan your day. Start with tasks you dislike the most, it really helps!
Explore. Continue to explore new ideas and don’t be afraid to try new things. Always be testing is a saying well known to successful businessmen.
And there you have it! I hope these 6 golden rules helps you get on the right track to success.
Hello everyone, I’m Ethan, a 50 year old business veteran. I have run many businesses, started from scratch, invested in businesses & help consult businesses.
I love business, full stop. I love running businesses and building them up from the ground. I love to help others do the same, so if you want to get in touch, please go to the contact support section of the site and get in touch, I am always happy to talk.
I am hoping to turn this into a hub for business support for all business leaders around the globe. I will share the knowledge I have gained along the way, practical advice & case studies.
Now, let’s get the velocity going for your business today!
