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Do you own a Business, are you finding it so difficult to succeed that you have applied all strategies to succeed and yet its still not bringing any positive result, that you are planning on giving up.
Worry no more because In this article I will be sharing with you the 10 secret keys to succeed in any business, even if you have been doing it for a long time now or your just planning to.
Am going to walk you through
- The 10 Secret keys to success in business
- How long does it take to be a successful business owner
- What makes business owner successful
Now let us grab our cup of tea, relax and read till the end of this article.
THE 10 SECRET KEYS TO SUCCESS IN BUSINESS
1. BE PASSIONATE.
Being passionate in anything your doing will make you to scale up in everything your doing and you will never get tired of doing it because you are passionate of what you are doing, It will help you allot to succeed in business because you will be inspired to do more and more and never get tired of doing more, you will succeed so fast and quickly if you are very passionate with what your doing.
Never make the mistake of doing something that you are never passionate of because in the long run you will never succeed and you end up giving up.
2. NEVER GIVE UP/ GET GRITTY.
Giving up is never the best option, when things aren’t falling in place as you want them to. Its never going to be joyride to be Successful, but with perseverance and hard work you should succeed.
You should be gritty to succeed even when everyone tells you to give up.
It is very easy to succumb to failure, but is very though to sustain those turbulent time and keep moving, You must learn to be a go getter because in the long run there are going to be hurdles all the way that will subject you to succumb to failure and giving up. Always remember this- your the only one that believes in what your dreaming to achieve, many circumstances, many challenges might bring you down making you thinking of giving up, but your passion and enthusiasm it what will keep you moving.
3. MAKE YOUR COMPETITORS AN INSPIRATION.
Never in any way envy your competitors rather make them your inspiration, they have been in the business for long than you, try and study them, know the things they do that makes them successful, never copy them but rather study them and bring out a good strategy to combat them and win.
4. HAVE A VISION, BUSINESS PLAN, SET YOUR GOALS AND STRATEGIES.
Have a vision, have a business plan, set your goals and strategies your business to stand out from other people. There are lots of people into what your doing even for years, what makes any business owner successful is how they strategies their businesses, every business owner need a good strategy to be successful.
5. HAVE A STRONG SUPPORTING SYSTEM/ TEAM.
Every person who wants to succeed in business needs to have a supporting system, this are people that will back you up whenever you fail, they put you on track and support you to succeed.
Having a good supporting system will help you to advance, grow and expand your business, every business owner who wants to really succeed and expand in business needs this backup.
Remember they are the ones to support you to succeed always treat them with respect else they wont stay long with you.
Fill your team with people that has great character.
Always remember that when choosing your partners and team members, you can only teach skills, but you cant teach characters.
6. STAY FOCUSED.
You should never get distracted by anything or anyone if you want to be successful in business, stay focused and put away any distractions.
Sometimes you can feel scattered and disjointed, but it is very important to limit your time spent multitasking.
Research has make it known that human aren’t capable of multitasking. Its very to know that too many tasks on your to-do list can make you infected and distracted.
Take your time and set your to-do list, listing all work you can do step by step, do not do too many work at time.
Take your time to do one task that you are capable of finishing in the amount of time allotted to you, give it your full attention, you will see that you be more likely get it done and do it very well.
7. MAKE SACRIFICES.
You should be ready to sacrifice somethings like party, clubbing, hanging around with friends. You should let go of things that get too much of your attentions, things that makes you not to take your business so seriously, all of this things will make you get distracted and make you to loose focused that you will be confused.
Remember that you can never serve two masters, somethings you must let go before you can ever succeed.
8. GET ORGANIZED.
Get organized in sense that you put everything you supposed to do details, make use of the calendar.
Your meetings, work periods, time with your family, quiet work time, workouts, meal times, and anything else that you do
once everything are on calendar, there be no excuses for not getting things done.
Most especially your quite work time. That is the time when you want solve problems, meditate, think creatively without being interrupted.
Every one needs these periods of time, to be a successful business owner, guard your quiet work time with your life.
9. REDUCE FEAR AND TAKE RISK.
Fear stop action, you have to be able to pivot and quickly take action when you see an opportunity or recognize a mistake.
With fear ridding on your shoulder, you wont be successful in business.
You should also take risks, as a business owner you should learn to take risk and the type of risks that can benefits your business, do not take all risks that presents its self. Instead, manage your risk. Identify which risks to take but also when to take this risks.
10. ASK QUESTIONS.
You don’t know everything, nobody does.
You should ask for help, advice, mentors, and everything you do not understand that you need to know to be successful in business. It is a very valuable skill as a business owner.
People who learn and those who ask questions are very likely to be successful.
The more information you have, the more you will know and put into consideration.
HOW LONG DOES IT TAKES TO BE A SUCCESSFUL BUSINESS OWNER
Although all businesses are not the same but you are more likely to see success from the fourth year of business.
Your first year in business will be most challenging time, you will need to put many hours of work to avoid failures, sometimes you will reach some targets in this periods, when you first lunch your site, reaching to clients outside your contacts list.
The second year there are going to be less to celebrate, just knowing that you have done well to be here this far, at this stage you will want to maintain your cash flow, its very likely that you will want to increase your investment, which will may drain your savings and put you in debts. If you survive beyond your second year, you will need to develop your customer base.
The third year will be even more though, now you need to put in more works even if you feel your not making any progress, but there be some positive results, you be required to move from a startup business to a small business, which will make you to hire more employees and develop your brands.
Now the fourth year, in this year you will feel like you already know what you are doing, you will have a steady flow of customers, your brand will be well defined.
NOTE that success will take up to six to seven years before you will be a successful business owner.
WHAT MAKES BUSINESS OWNERS SUCCESSFUL
If you apply all those keys that are mentioned above, definitely you are likely to succeed, as a person who starts up a business, you will face so many challenges that will succumb you to give up, most times you will be frustrated, tired and confused, but with passion and consistency you will succeed.
If you are very passionate you will win because you will be motivated and inspired never to give up.
Being passionate, total focused, supporting system, make sacrifice, reduce fear and take risk, ask questions especially from people that exposed in that field of business.
Note that family love and the love of the people who truly support and believes in you have a great impact in making you successful.
The post BECOMING A SUCCESSFUL BUSINESS OWNER: 10 KEYS TO SUCCESS IN BUSINESS first appeared on EmpiresWorld and is written by the Amos Sunday