What Successful Business Owners Know, That You Should Know Too

If you are interested in becoming a successful business owner, the first thing you need to do is throw out all of the beliefs and ideas on what makes a person a successful business owner. There is no blueprint that you can follow, or a particular school that you must attend; what you need to focus on are the things that you have control over now, and how they can help you make a difference in achieving your business goals.

The first thing that you need to realize and accept is that there is no predetermined amount of work hours you need to put in each week. The amount of hours that you put in each week, will help you get out of your business what you put in. If you think that you can accomplish everything you need to in a few hours each day, you are mistaken. To achieve your desired result, which is becoming a successful business owner, you need to work your tail off. There is no shortcut or magic business plan that will help you avoid putting in the work.

The next thing you should focus on is finding out what you truly love to do. If you haven’t found that yet, then the business you are working at may not be successful because you do not believe in it 100%. When you find out what it is that truly motivates you and makes you jump out of bed each morning, you will be on your way to doing something that is important to you. Believing in what you are doing each day will make it easier for you to achieve the success that you have been looking for.

A successful business owner is passionate about their work. They are always looking for a way to improve their business or share their work with others. It is this level of passion that drives them to be the best they can be; it is also beneficial in motivating those around them as well. This type of passion can often be contagious and lead to a productive and fulfilling work atmosphere. If you love what you do and are excited about it, don’t be afraid to share that enthusiasm with everyone around you.

Every successful business owner wasn’t born with the knowledge on how to run a business. They knew that there was a lot to learn and they devoted their lives to learning as much as they could. To become a successful business owner, you need to educate yourself on how the world of business works. Become familiar with all of the different aspect related to your business and never allow someone else to know more about your business than you do.

Can These Four Secrets and Six Tips Help Successful Business Women Get the Results They Want?

Ask all of the successful business women that you know and most if not all will talk about how mentors have them in various stages of their lives and careers. Most leaders never could have achieved the results they have without the support, interest and feedback of trusted advisers, mentors. But what happens for successful business women if they could use the help and support of mentors, but don’t have any?

The ideal scenario should always be to have a group of mentors or others who you can count on for honest feedback and support before you actually could use them. It’s often very isolating for successful business women so the support of a trusted adviser can help them avoid making costly and bad decisions. Obviously you need to start out by analyzing where you need mentors and how they can help you. Once that is done, how can successful business women go about finding one?

Secret 1 involves determining what attributes, attributes and other characteristics of mentors would be most helpful to you. Write down the five attributes that you want your mentor to possess. Analyze what combinations would be most helpful to you. This could vary if you are looking for help with your career, a challenging business task or dealing with tough customers.

Secret 2 is to ask who your mentors could be. Potential candidates could be your friends, colleagues, family members, superiors or others. We would not suggest you just go out and ask them to be your mentor but that you first meet them and discuss some of your goals and challenges. Successful business women should realize Both mentors and mentees need to feel comfortable with the conversation so the required level of trust can be established. This is hard to force so don’t try too.

Secret 3 for those who you select as potential mentors is it important to ask for their permission to contact them on a regular basis. Perhaps you could say something to the effect of “Thank you for your time. I really appreciate it. Would you mind if I contacted you on a regular basis to get your feedback and advice.” This clarity is critical for successful business women to develop an effective relationship.

Secret 4 – Once you have your mentor, the next step is to actively work to establish a strong and effective mentoring relationship. For most successful business women it does not happen right away but will require ongoing planning and work.

There are several tips to making this happen:

Tip 1 – Always be clear about what you want or need to learn – you completed this self-assessment during your initial self-assessment activities so you should be able to elaborate on your need for a mentor

Tip 2Take several sessions for the mentor to learn about you as well as to understand what you want or need from them – They will need time to absorb the issues, concerns and challenges so they can determine the best way to help

Tip 3always be active and honest. While trust may take some time to develop, over time it is the most critical element to an effective mentoring relationship.

Tip 4be a good and effective listener. Failure to understand and incorporate the discussions with your mentor can be frustrating and de-motivating to both of you

Tip 5show initiatives and be proactive. You can’t sit back and wait for them to reach out to you. You must show in your actions that you are grateful for their support

Tip 6 – be ready for the challenge – this is common to many mentoring relationships because tough love is required to make it effective. You may not want to hear certain things but need to in order to be successful. Rather than get defensive or withdraw, successful business women use this advice to propel themselves to greater success.

Finding a good mentor is never easy but it is absolutely vital to the success of successful business women. The very best have many mentors throughout their careers who provide the support, perspective and feedback to help them make better decisions and avoid costly mistakes.

The Key Elements of Building a Successful Business

If you are like most new entrepreneurs, you will most certainly make many mistakes in the process of building a successful business. You are human…and you will falter. Be ready to humble yourself, accept that you will fumble and fall, learn from your failures, pick yourself up, brush the dirt off your back, and continue to look in the only direction that will bring you success…Forward.

“Failure is the tuition you pay for success” ~ Walter Brunell

In the last 4 years I have surrounded myself with many successful small business owners. I have taken notes, asked questions, investigated their tactics, picked their brain, silently watched and have done everything humanly possible to follow in their footsteps. In the process I have discovered the key ingredients of creating a business that can, and will survive in any economy…online or offline.

Putting People First

Putting your needs aside and putting people first is the foundation of any successful business. Building concrete relationships with your customers will create trust. Once your customer trusts you, they will refer you to others, buy your products and continue using your services. Without trust and customer loyalty..businesses don’t have a fighting chance.

In the Internet Marketing arena, thanking people may be as simple as retweeting an article, commenting on a comrades blog, or sharing their post on Facebook.

Zig Ziglar said it best when he said:

“You will get all you want in life, if you help enough other people get what they want.”

Market Yourself, Not Your Business

Spamming and slamming everyone you encounter with a sales pitch about your new product or business is not only unattractive…it’s completely ineffective. People can smell the desperation all over you. Cold calling strangers, neighbors or old friends, and pitching your network marketing business opportunity to them in the first few sentences of a conversation, is not only self serving…it’s downright annoying. You may not realize this…not only are you wasting your time, you are also wasting their valuable time too.

The great leaders of the most successful businesses today didn’t get where they are by jamming the phone lines and filling people’s inboxes with useless and self serving sales pitches.

Remember what we all learned from our parents as a small child?

“You only get one chance to make a first impression” ~ Mom and Dad.

Learn the simple principles of Attraction Marketing. Not only will you see positive results in your business, but you will begin to see a difference in yourself as well.

Do Business With A Conscience

Your reputation as a person will become the fuel and driving force behind your business’s success. Be honest and forthright. If you lose the trust of one associate or customer, it can only take a few minutes, a few phone calls, or a few quick conversations…to lose them all.

One of my community’s most prominent and successful business owners has this sign in all of his stores.

“It can take weeks and months to gain a customer…but only seconds to lose them”

Self Education

Self education is inarguably one of the most effective tools in creating a successful business. Becoming a business owner puts you in the driver’s seat. You no longer have anyone leading the way. It’s up to you to seek out all of the quality information you can get your hands on to implement your business plan. Invest in yourself. It will prove to be the best investment you will ever make.

“Formal education will make you a living, self-education will make you a fortune” ~ Jim Rohn

In A Nutshell

The holy grail of running a successful business doesn’t lie in the product you are Marketing or the service you offer. Implementing these key elements and tweaking them as you go along, is what most successful business owners focus on.

Surround yourself with leaders, listen to leaders…and learn from leaders.

And at the end of the day, after you’ve learned how to implement these basic business building principles, chances are…

You will be able to sell pet rocks to the President…or ice to an Eskimo.

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