Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
Entrepreneurialism Information Click here for eBay Motors! Get 2 weeks FREE CA Anti-Virus 2007 Accept Credit Cards Get your FREE $250 Cash Card PhotoStamps

This Domain For Sale. Contact us for more information.


Six Steps to Guarantee Your Business Success


Many of us slave away for years for one uninspiring company after another and dream of the day when we can sack the boss and go it alone.

If you're contemplating starting your own business then I'm here cheering you on from the sidelines because the best decision I ever made was to walk away from my well paid but oh so frustratingly boring job and start my own business from scratch.

I'd always believed in Bob Dylan's definition of success - "a man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do." And it was these words and this sentiment that drove me to seek out business success on my own.

While I was in the planning stages of things I read around a lot and discovered that there are six main steps that you can follow to give your business the best chance of survival and success. With hindsight I can confirm that these six steps do guarantee your business success, so here they are for you, use them as your guide: -

1) Plan to Succeed

"Action without planning is the cause of all failure. Action with planning is the cause of all success." - Brian Tracy.

You need to establish an intricate business plan that will guide you through the start-up hurdles and ongoing development of your business. Whether you're planning on establishing a global company that will eventually employ many individuals or you're intending to establish an on-line business from your bedroom that will employ only you, you must spend the necessary time and effort plotting out how exactly your company will be established, who your customers are, how you will reach them, how you will finance your ongoing operations and where exactly you're headed with your business.

"Genius is 1% inspiration and 99% perspiration. Accordingly a genius is often merely a talented person who has done all of his or her homework." - Thomas Edison

Be a business genius, remember the planning stages are critical to the future success of your business - don't rush them.

2) Money Matters

"Before you can really start setting financial goals, you need to determine where you stand financially." - David Bach

You need to look at your own personal financial situation and determine exactly how much money you will need to live on, how much money you have to invest in your business, how much money is required to start up and run your company and how exactly you're going to fund the future of your business. Get down to the financial nitty gritty before you get down to business and you will avoid the number one reason why businesses fail - namely, lack of capital.

Crunch those numbers and be realistic rather than fatalistic or optimistic! You can and will succeed, but first you must arm yourself with the boring facts and figures and then you can put in place the financing you need.

3) To Score Goals You Have To Set Goals

"Most people struggle with life balance simply because they haven't paid the price to decide what is really important to them." - Stephen Covey

Having mapped out your business journey intricately, having put in place the financing you will need to travel the path towards success you have to begin setting yourself business and personal goals. If you have nothing to aim for you will never achieve your target! Where do you want to be in one month's time, where do you want your company to be in one year's time?

Set stage goals for you, your company, your employees, your finances and your success. Follow your progress closely, keep one eye on your goals and you will never fail to succeed.

4) Sure Up Support and Understanding

"Getting things accomplished isn't nearly as important as taking time for love." - Janette Oke

No man is an island therefore your hopes, dreams, ambitions and goals should be shared with your loved ones and they need to give you the support and understanding required for success.

Starting a business is always challenging, it is at times stressful and it can take up a very large part of your life. If you explain what you're doing and why you're doing it to your loved ones they will give you the time, love and support you need to succeed.

At the same time it is critical that you do not lose your perspective and fail to take the time necessary to love and care for your family. All too often you hear tired and stressed out businessmen and women complaining of a lack of spousal understanding, whining that they are working so hard directly for the benefit of said spouse - this creates disharmony and acrimony on both sides - what a waste of a great life!

Get everything in perspective and keep everything in perspective at all times, and bring your family and friends on board for guaranteed success.

5) Protect What's Important

"Happy is the man who can endure the highest and lowest fortune. He who has endured such vicissitudes with equanimity has deprived misfortune of its power." - Seneca

To further deprive misfortune of its power you can put in place various insurance policies to protect yourself, your family, your current situation and your business from undue risk. Because there are no two ways about it, starting out on your own is a risky business - focus on the success of your business and follow these six steps and you will achieve all you want to. And in the interim protect what's important to you - for example, think long and hard before mortgaging your family home to fund your company! Get business and personal indemnity insurance in place, make sure health and life insurance policies are in place protecting you, your family and any key employees.

But - don't get hung up on this point because worrying unduly about risk will blinker your vision. Deal with this point and move on!

6) Face The Enemy - Deal Directly With Accountants & Lawyers

"Money is plentiful for those who understand the simple laws which govern its acquisition." - George Clason

Every single business has to act within the laws of the countries it operates in and deals with and every single business has certain reporting and taxation requirements. These are definite hurdles designed to restrict the visionary, but they are necessary hurdles to protect a company's consumers, a business' partners and a country's economy.

Take the time to establish a good working relationship with your company's accountant and lawyer. Make sure your company is properly structured from the start and that you fully understand and adhere to taxation and reporting deadlines and rules.

Know what is expected of you, understand why it's important to follow the rules and structures that have been put in place and have a system to deal with tax returns, pay runs, company disclosure and contract negotiations and remember: -

"Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil." - Michael Bloomberg

Use these six steps as the guide towards your business success and always strive to keep your vision alive because "vision is perhaps our greatest strength?it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown." - Li Ka Shing

Rhiannon Williamson is the co-creator of Shelter Offshore - an innovative and exciting company which is specialist in international real estate, the offshore financial world and starting a brand new life or business overseas for expatriates, international investors and anyone dreaming of escaping the rat race and living an unrestricted life to the full.


MORE RESOURCES:
Business:Entrepreneurialism Articles from EzineArticles.com
08/31/2021 02:45 PM
Nine Books Every Successful Entrepreneurs Has on Their Shelf
Take advantage of the best the entrepreneurial community has to offer. Whether you read each book cover to cover or just use them for reference they represent ideas and techniques that will see you through the dark days every entrepreneurs face at some point.
08/16/2021 10:16 AM
Ready to Grow? Top Positions You Need to Fill to Expand Your Business
Do you wish to reach a point where your business is ready to scale and move to the next level? Hiring crucial people will help you move quickly, while proving excellent products and great customer service.
08/04/2021 03:16 PM
6 Reasons To Start A Business During This Pandemic
This is the best time to start your dream business. This article will provide tips for you to use immediately.
08/02/2021 06:06 PM
Go Read a New Business Book a Week
Reading is essential. Go and read a business book to enrich your business.
07/23/2021 11:26 AM
How to Be an Entrepreneur With a Full Time Job
It may seem difficult seeing how you can create a successful business for yourself. In addition, having a success formula takes time.
07/15/2021 05:54 PM
What Is an Entrepreneur and What Is Entrepreneurialism
What is an entrepreneur and what is entrepreneurialism. What makes them what they are?
07/12/2021 10:52 AM
Personal Branding Strategies for Women in Business
Personal branding for women is critical for business success to build your brand. When you align your personal brand with your business brand, you're much more likely to not only connect with the right people but also turn them into raving fans. Build your business with these personal branding tips.
07/12/2021 10:51 AM
How to Increase the Value of Your Business
There are many ways to boost your sales and grow your business, no matter your budget size. However, increasing the value of your business on a tight budget can be daunting.
07/09/2021 11:08 AM
Innovative Business Shares Tips
Innovative businesses are showing the road map to success: have a real connection to their customers, be proactive for the environment, show support for local social causes and events, and concentrate on providing a great service/product while building a strong networking system. It is the only way to survive in this "new normal".
07/01/2021 11:19 AM
What to Do in a Creative Dry Spell
While most creatives can't get away with allowing a dry spell to keep going on indefinitely, you can get out of the dry spell simply by trying these ideas. Often, just stopping the internal pressure you have on yourself can unleash your creativity again.
06/29/2021 05:38 PM
Top 3 Ways You Can Generate Ideas for a New Business
1. Start a Business that evolves around your innate ability. Innate abilities help you do things with ease. Often times I hear people say, "what do you have flair for?" Innate abilities help you do things better, quickly and 'naturally' than others. It helps you do things effortlessly!
06/28/2021 07:29 PM
How to Train Your Brain for Maximum Creativity
Training your brain to be more creative, to be creative on demand, and to be creative in more than one way is within your power and control. When you find something that works for you to unleash your creativity, use it.
06/01/2021 08:49 AM
How to Create an Innovative Mindset
In general terms, a traditional business mindset is always looking to improve the quality of products, services and processes. On the other end of the spectrum, an innovative mindset issues mandates for new and better ways to do business.
05/27/2021 01:14 PM
How Can Growth Mindset Lead to Success?
How do people create and grow a mindset strategy? Here are some practical tips that will show you exactly how to get started.
05/07/2021 09:30 AM
Why Becoming an Author Boosts Credibility
When you author a book that is well received by your audience, it's really an automatic boost to your credibility. The book gets press, which means you get press, and the snowball effect happens.
05/04/2021 10:31 AM
Online Working Capital - Fast But Expensive
Small business owners often need working capital to cover expense incurred to make or create their product or service before payment comes in. Banks are loath to lend to small business owners especially the small amounts that the business owners usually need. Many online working capital lenders have been created to serve this underserved market.
04/26/2021 08:41 AM
When Impatience Can Lead to Business Success... Or Failure
As an entrepreneur, have you ever asked yourself "Why am I not reaching the level of success I was promised?". It could be because a lot of entrepreneurs fall victim to impatience to succeed.
04/20/2021 11:35 AM
What Is the Best Online Business You Can Start?
Starting an online business is a great way to create a lifestyle that you enjoy living. But, you must be realistic as you develop your business.
04/11/2021 02:42 PM
Looking to Build Your Network? Please Avoid This 1 Mistake
Networking isn't just about meeting new individuals. It's also about you maintain connections. Ignoring the current connections of your professional network because you're excessively focused on development is a big blunder. Don't just consider about meeting and getting to know new professional contacts. Don't fail to remember to keep up with the people you by now know.
04/11/2021 02:39 PM
How to Face Your Fears and Get More Business Leads
What fear do you have lurking inside of you, preventing you from enjoying life, or creating a successful business for that matter? When it comes to our business, fear can definitely stop us in our tracks, preventing us from moving forward and achieving our goals.
04/06/2021 11:39 AM
A Realistic View of Being Self-Employed
If you are thinking about becoming an entrepreneur, you'll want to know all about your field, your products and your customers... but you'll NEED to know about running a business. It is important for business owners to realize all the hidden areas that eat up a surprising amount of time and energy behind the scenes in running a business.
04/06/2021 11:33 AM
Business in a Slump? 13 Ways to Get Your Motivation Back
Truth be told, it's a fact of life for every entrepreneur and business owner... we are going to get into a rut every once in a while. We're human after all! The good news is that this slump can be very temporary... if you choose it to be. Here is a list of things you can explore the next time you feel this lack of motivation sweep over you.
03/09/2021 05:39 PM
Business Success Guarantees Business Longevity
The most important tool I use in building my businesses is my intuition. I've discovered that when I trust my feelings and intuition more, I'm more able to see opportunities that others are missing. This is important as it allows me to make decisions and take action faster. Here are a few tips on using your intuition to propel your business forward:
03/01/2021 08:59 AM
The Downfall of the Stubborn Entrepreneur
Why You Aren't Getting More Clients and Leads (and it's not for a lack of trying). And it could be because It's Not About HOW; It's About WHAT.
02/08/2021 08:44 AM
Why You Should Write an eBook
Using an eBook to market your business is an excellent idea. It can be a great calling card for your business with proof of your expertise.
01/29/2021 01:19 PM
Tales From the Online Marketing Crypt 10 - Playing the Dangerous Comparison Game on Social Media
Before you start comparing your business to someone else's, realize you do not know the whole story. You do not know the trials and tribulations they've gone through, you don't know anything they are choosing not to disclose on social media.
01/27/2021 10:54 AM
How to Create a Buzz About Your Business
If you want to create buzz about your business, using social media is a great way to do it. Try these different ways and see what reactions you get. Keep doing new things as often as you can to keep the buzz going.
01/08/2021 11:42 AM
How No More Military PT Tests Are Hurting My Business
When I left the military I packed on 15 pounds pretty fast. My recent trip to the doctor's for the first time outside of the military was highlighted with the lovely comment from the doc, "You know, technically you're obese."
01/06/2021 10:18 AM
\"Learn How to Promote Digital Products and Earn Your First $10,000 Online."
You're invited to attend... Complete Access to TWO Separate Training Tracks: ClickBank Product Publishing & ClickBank Affiliate Mastery
12/23/2020 03:07 PM
The Power of the Hand Written Thank You Note
Why should you send a Thank You Note. What should you say. State a Call to Action closing sentence.
12/22/2020 10:08 AM
The Key to Continual Growth and Expansion
Growing and expanding requires self-awareness of what you are doing and what you're not doing to move forward. If you're succeeding, keep on doing what you're doing. If you're behind, it's okay; you just need to adjust.
12/21/2020 12:15 PM
Winning the War Over Loans and Debts As an Entrepreneur
Among the things that can make or mar a business is taking loans. People take loans to meet up with their expectations. However, it takes a wiser entrepreneur to decipher when to or when not to take a loan. Loans can do wonderful things for you when properly managed. It can help solve urgent problems, cater for substantial expenses and grow businesses. Though loans can work perfectly for those who have steady income, yet it has the propensity of entangling those who struggle to earn a living. It is very important for every entrepreneur to note that a mismanaged loan is hell.
11/16/2020 09:05 AM
How Can You Make Your Online Business More Successful?
Many entrepreneurs have gone before you and figured out how things work, so that you don't have to reinvent the wheel. You can follow what other successful online entrepreneurs have done and become successful doing it.
11/02/2020 10:01 AM
How To Develop The Mindset Of An Entrepreneur And Become Successful
Mindset Is Everything-You won't be awesome at being an entrepreneur unless and till you condition your brain for getting into business and then making the most of it.Any trade can be really tough to comprehend. However, if that is something somebody wishes to do, then how do you do that effectively? Here are a few great tips that I have come up with on how you are able to become that awesome entrepreneur as well.
11/02/2020 09:20 AM
Winning at the Proposal Game
Submitting bids and tenders is a great way to grow and expand your business and is a great way for a small company to become a much larger company. It can be frustrating and costly to bid, this work taking you away from other business activities. However, winning a bid gives you access to a new customer and other project opportunities. You also have to consider as to whether you have the financial standing and moral fortitude to undertake large projects so choose your opportunities with great care. Smaller projects can help your company grow efficiently and profitably with less drama and anguish. Here are a few pointers to remember when producing tenders.
11/02/2020 09:15 AM
There Is Such a Thing As Too Much Free Content
When you fundamentally reexamine your marketing strategy, it's very freeing. You can focus on what's most important.
10/22/2020 11:34 AM
The Pros and Cons of Working for Yourself
Working from home offers many benefits and even a few drawbacks. It's up to you to determine if you have the personality for it. You'll need to rein in family and friends who want to take advantage of you, as well as yourself, to stay on track for creating a healthy and profitable home business.
10/12/2020 09:53 AM
The Impact Trifecta: Make the Most of Your Impact Efforts
Impact can feel oddly unsatisfying. If you're feeling that your impact isn't fulfilling you, that's a clue. Maybe you're not having all the impact you want to have.
10/02/2020 10:22 AM
How To Show Your Expertise When You're Starting Out
To show your expertise when first starting out doesn't require you to have a huge client roster, or even a following yet. Use these tips to help you gain a following, improve search engine optimization (SEO) and build your business.
09/29/2020 09:03 AM
5 Things to Think About Before You Start a Business
Before you start a business and kick off your entrepreneur journey, you need to understand a number of things. Here are five to think about before you invest your money.
09/29/2020 09:01 AM
How Do You Create Multiple Streams of Income?
Here are just a few of the ways you can create multiple streams of income online. There are also ways you can do it offline such as savings, investing, rental income, and more.
09/28/2020 09:45 AM
Does Money Make You Successful?
When people want to become entrepreneurs they don't actually think about the work. They think about the freedom.
09/28/2020 09:43 AM
Your Fear Is a Valuable Messenger
I know you care about impact. Fear will keep you from it, if not by shutting you down, then by distractions. We all feel fear, so what can you do?
09/02/2020 01:33 PM
Discovering Lucrative Business Opportunities
There are several ways to be successful today but the most popular one is almost always acknowledged as venturing into a world of capitalizing on online business opportunities. People who are able to do this easily usually reap in the positive benefits many folds.
09/02/2020 01:27 PM
Ready To Position Yourself As an Expert?
Becoming an expert is a process. At first you will feel as if you'll never make it, but everything you do builds on the next thing and eventually it will snowball to true success.
09/02/2020 01:25 PM
It Will Take More Than Motivation To Make A Business Succeed
Many people naturally have the leadership abilities that are necessary to operate a successful business based on their family environment while they were growing up. Their basic character traits are often nurtured and manifested during these stages.
08/31/2020 09:26 AM
Are You Enough?
What would it mean if YOU were enough? All the things you need to have a successful business.
08/17/2020 12:59 PM
Postpone Your Impact, and It May Never Happen
When you postpone your impact, it may never happen. Life will always get in the way, if you allow it.
08/11/2020 11:45 AM
Do You Have What It Takes To Become An Succesful Entrepreneur?
Deciding to become an entrepreneur is just the beginning. You know you want to own your own business and control your fate, but you're not yet sure exactly what it is that you should do.
08/03/2020 02:42 PM
Do Your Prospects and Clients Really Know You?
People buy from those they know, like, and trust. How can you help them get to know your business? How can you build their trust?


home | site map | contact us