Whether you’re a small business owner, or you’re just starting out, this article will provide you helpful insight on how you can build a better business.
Not only are these 3 tips going to help your business thrive, but these tips will also help you become a better version of yourself.
Understand these, embrace these, write these down. Do you want to succeed? Follow in the footsteps of successful people.
If you want to be successful, find someone who has achieved the results you want and copy what they do and you’ll achieve the same results. — Tony Robbins
Failing is the way to success
Bill Gates’ ﬁrst business was a complete and total failure.
Elon Musk was fired from his CEO position at PayPal.
Thomas Edison was told he was “too stupid to learn anything,” and he failed thousands of times before he was able to develop a fully functioning light bulb.
An editor told Walt Disney that he ‘lacked imagination and had no good ideas’.
Albert Einstien was thought to be mentally handicapped.
J.K Rowling was a broke, depressed, divorced single mother simultaneously writing a novel while studying.
Dr. Seuss, the much-loved children’s author had his first book rejected by 27 different publishers. He ended up selling more than 600 million copies.
Mega novelist Stephen King had his first book Carrie rejected 30 times.
“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.”- Michael Jordan
Failure is what puts you ahead of the game. Failure is the greatest teacher of all time. This is what builds you, and molds you, and shapes you into the kind of person that you want to become. No great leader has ever walked a perfectly straight and narrow path without stumbles and falls. No great business has ever been an overnight success without any problems and without a single issue.
The thing is, we look at failure and think of it as not a passing train in our journey towards success but a wall that we can’t climb over nor break-through. We end up being so focused on not failing that we don’t aim for success and therefore end up settling for a life of mediocrity.
In order to achieve the life of your dreams, in order for your business to be a success you have to embrace failure. You can’t fear it. You have to allow yourself to think big and push yourself to always reach for more.
Think of every successful person you know in life. Those people are the ones who took risks, they created breakthrough ideas, they invented new technology, and they delivered all of those things knowing that there is always the option of failure, but they took it head-on because they know that without failure there will be no growth. They will be stagnant in their life, in their business, and in their personal development.
Failure is a necessary step to unprecedented success.
“I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. It is so hard and you pour so much of your life into this thing, there are such rough moments in time that most people give up. And I don’t blame them, it’s really tough.” — Steve Jobs
You have to work on your business EVERY DAY
Consistency is what will set you apart. Nothing you do occasionally will reap positive results.
Consistency beats talent, because if you work on your business every single day — if you put in the time to understand your business, to scale your business, to BETTER your business, you damn well will be better than the person who has a “knack” for it but works on it only when they’re in the mood.
“Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.
I have wasted so much time being envious of the people I thought were more talented than me. I was envious of people who achieved more than me based on pure luck. This envy took so much energy out of me, it was the biggest negative blanket I could wrap myself in. It was basically like committing career-suicide if I am being honest because the time I could have utilized to pursue my passion and to grow my business, I wasted it on worrying about whether or not I was good enough in comparison to others.
“Time you spent being jealous of others’ success is time they spent working. Guess which one is more valuable.” -Jon Westenberg
Let me tell you something, I am extremely disciplined. I will always get done what I need to, but I always let insecurities storm through my doors. It took me a long time to face that and understand I was only harming myself — and my business by doing this.
In all honesty, it doesn’t matter how much better your competition is.
There is something that will always allow you to always have an upper hand on them and that is doing one simple little thing: outworking them.
Work like there is someone working 24 hours a day to take it all away from you. — Mark Cuban.
How many disciplined people do you know? Think about how many of your friends tell you that they are going to start going to the gym every single morning. Have they? Think about that time you heard someone say that they’re going to read one book a week. Did they do it? Disciplined and consistent people are a rarity. If you can learn to cultivate consistency in your work, you’ll eventually beat any talent, luck, skill, and even quality — simply by being consistent. Simply by striving towards your goal more and more each day.
“The only thing that I see that is distinctly different about me is I’m not afraid to die on a treadmill. I will not be out-worked, period. You might have more talent than me, you might be smarter than me, you might be sexier than me, you might be all of those things. But if we get on the treadmill together, there’s two things: You’re getting off first, or I’m going to die.” — Will Smith
Time is money
This expression comes from Benjamin Franklin, who wrote a book titled, “Remember that time is money,” essentially what he was saying was that in order to earn money, one must act and therefore use one’s time.
I’m going to be completely honest here. You’ll her controversy on this topic, but it’s going to boil down to this: you need to put in the time, eat, sleep, and breathe your business if you want to be successful.
Don’t take it from me, take it from two self-made multi-million dollar entrepreneurs who put in the time.
“Most people work 9-to-5. I work 95 hours [per week]. If you ever want to be a millionaire, you need to stop doing the 9-to-5 and start doing 95. That comes out to about 14 hours of work a day. Ultimately, if you can outwork the rest of the population, you’re going to get lucky, and once you do start seeing success, don’t change your mentality: If you gave me $5 billion, I’d still be grinding tomorrow.” — Grant Cardone, Entrepreneur and New York Times-bestselling author
“In launching a business, you have made a decision that does not allow you, in year one, any time to do anything but build your business, every minute — call it 18 hours a day out of 24 — if you want this to be successful, needs to be allocated for your business.” — Gary Vaynerchuk founder and CEO of digital marketing company VaynerMedia
Failure is the key to success.
You have to work on your business every day.
Time is money.
There are a lot of people out there who will give up the first time they fail. There are even more people out there who may be far better at what you’re doing. And, there might be people who have more time than you.
However, you will always have the upper hand. You can outwork them. You can change your mindset and allow your failures to motivate you, to inspire you, and push you forward. Failing will allow you to understand your business better, failure will allow you to grow faster. And time? Priorities. Invest your time into the correct places.
Learn more. Do more. Work more.
It’s time to reach your fullest potential.