Category: Business Challenges

5 Ways to Control Fear

Fear is the biggest obstacle to pursuing your dreams. It can stop you in your tracks. Excuses can also stop your progress. Many people insist it is a lack of money or time or resources, but it is often a fear of failure, rejection, or even a fear of success that holds most people back from playing a bigger game in business and in life. You must be willing to step up to turn that passion of yours into a lucrative expert career. Too many people fail to follow through with their dreams and aspirations in life mostly because fear holds them back from taking the next step. Just imagine how much they are missing out on by allowing an →

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Take Action With Implementation

Implementing your plans may appear to be the most difficult, but it is actually the easiest part of achieving the rewards of entrepreneurial success. Discovering the journey you are on does not lead to where you have decided to go and may initiate dramatic changes in your life. Don’t let fear stop you. Action is the key to making this third step work for you. Discover what is truly important to your personal and professional success. Focus on what to do and how to do it to make your goals a reality. Then take action and implement your plan. These three simple steps will result in realizing your worthwhile dreams and goals. They will provide the feelings of joy and →

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5 Defining Stages of Business

Many companies start out as a simple idea. If they do reach their full potential, they will have passed through five very distinct business stages. These five stages are based upon critical points, which an entrepreneur must successfully handle to remain on a growth path – or face a decline in profits. As an unwritten rule, if a business is growing according to plan, each of these stages are about three years in duration. Generally, the more forward planning or strategic thinking you do, the less time it will take to travel through each phase. An exception is the start-up or ideas stage that is usually around the six- to nine-month mark. It is not difficult to tell which stage →

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Build a Mental Picture With the Power of Focus

In order to progressively continue on your journey, you must have clearly defined objectives with measurable steps toward your goals. How many steps and how much time it will take is of little consequence. The key to experiencing satisfaction is to maintain focus and constant enthusiasm during your journey. Keep your dreams and goals firmly planted in your mind, know where you are going and make progress in that direction each day. Deciding on incremental steps necessary to achieve your goals will provide you with structure to keep you pointed in the right direction, and will supply you with the map to chart your progress. Like a well-planned road trip, you will always see where you are relative to where →

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Successful Entrepreneurs Focus on These 4 Attributes

Innovation: An entrepreneur is an innovator. They take the initiative to bring together new products, services and resources with the plans for developing a new way of doing things. Decision Making: An entrepreneur makes the basic decisions for the business and sets the course of the enterprise. Risk Taking: An entrepreneur takes risks with his or her time, effort, business reputation. They invest in opportunities that often are unknown or uncertain. Implementation: An entrepreneur understands that implementing their business plan is extremely important to succeed. Implementation requires a broad range of skills including management, marketing, promotion, sales, communication, finance, accounting and the Internet.

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Why Don’t They Teach Failure in School?

Why do failures tend to disappear from business education curriculum? Information about business failures is often scarce or ignored completely, yet it is inevitable. On the other hand, information on successful companies and their success strategies is in generous supply. Companies that pursue unsuccessful strategies either learn to change their business strategies or they go out of business. A successful company is described as having used visionary management and innovative marketing strategies while a failing business is accused of poor business management and overall bad business skills. So why don’t we teach future entrepreneurs more about failure? Wouldn’t that save you a ton of money learning from mistakes that could have been avoided in the first place? Can you imagine →

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Shifting requires ignoring conventional approaches, paving your own path

If you want to stand out in this world, you must get really serious about doing something different and moving away from the “sea of sameness.” Focus on being different. Ordinarily, we achieve conventional wisdom following conventional ideas. We experience reasonable gains when we rely on reasonable approaches. You may find ways to make modest improvements and, in turn, make a modest income. But, if you go looking for nothing more than that, you will only have modest gains. Experts stand out and get noticed for the differences they make, not by following the status quo. They create quantum leaps by abandoning what’s been done and said before. Instead of once again doing what you have always done, shift to →

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Create a new path – one of less resistance

The majority of people can be found flying too close to the ground. Too often they don’t give themselves permission to soar. Get uncomfortable. Prepare yourself for “Mr. Toad’s Wild Ride.” You’re going to cover some unfamiliar territory and encounter obstacles you’ve never faced before. It can feel like a roller coaster out of control when the safety of your behavior patterns is being stretched to the limit. The normal reaction is to want to hold on tight. But you’re going to have to learn to let go if you truly want to soar. If you feel uncomfortable, that’s a good sign. If you are experiencing no anxiety or discomfort, the risk you’re taking probably isn’t worth it for you. →

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Visualize your arrival!

  When you visualize, it’s like you “magnetize and move” yourself to the ways and means involved in getting there. Solutions begin to appear and answers come to you much easier. But you must be able to tolerate obstacles, confusion and even a bit of chaos as you shift. Don’t hold on to problems or challenges along the way. Move past roadblocks, stay committed to your passion and enjoy the journey. You’ll make some mistakes along the way but those “mistakes” are simply required lessons in the process of making a profound shift. Keep in mind that your “mistakes” must be profound enough to be able to share and create an impact on the lives of others. They are your →

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Teach your clients how to refer you

Tell your clients exactly what you would like them to do when they refer you. Don’t leave it up to chance, and don’t leave out any details. For example, I have two ways for my clients to easily refer people to my business. First of all, I share a website link to an online questionnaire that clients receive when they sign up for my program. Clients can easily direct their referrals to this page via email, and once their referral submits the questionnaire online, they get scheduled for a free 10 minute mentoring call with me. The second way I make it easy for my clients to refer me is to pass along VIP guest tickets to attend my live →

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