10. Maintain an open mind on all Subjects: An open mind on all subjects is fundamental to building a highly successful business. To succeed in business you need tolerance. There will be people you will meet in life who hold the key to your business success, but on the other hand hold a contrary view, different from your belief. If you fail to tolerate them, you will miss the benefits of their capacity to take your business to the highest level.
Tolerance is expressed only by the person who holds an open mind on all subjects, towards all people and also at all times. The interesting thing I want you to know today is that you can only be truly educated and adequately positioned for success in life and in business if you maintain an open mind on all subjects. A closed mind becomes atrophy, and is quickly cut off the line of effective communication with infinite intelligence. An open mind on the other hand will keep you eternally in the process of education and acquisition of knowledge with which you may take full possession of your mind and direct it towards the attainment of your success in business.
11. Learn the willingness to share your blessings. He who has not learned the blessed art of sharing his blessings with his generation has not found the true path to enduring business success and blissful living. The success of your business is partly dependent on your willingness to give of yourself to others. Engage yourself constantly in researching and finding out solutions to the needs of men. By finding solutions to the needs of men, you actually find success for business and fulfillment for your life. Those who can help others to solve their problems shall inevitably bask in the contentment that only true successful business can bring. Think about all the successful business you see in the world today, you will discover that they become highly successful because their owners have conditioned themselves to offer something that help make life easy for their targeted market. They offered real solution to their customers and to the world at large. One of the ways to become really successful and rich is to help enough other persons get what they want in a unique and at an affordable price.
Do you want to be a millionaire in 30 days? Then look for a real problem and proffer a practical solution which you can market passionately. How do you do this? Very simple! Search for a hungry market and locate 100 persons daily who need your product (practical solution). Sell the product to them at an affordable price of N333.34 per product. And in 30 days you will be a millionaire if you do this consistently.
The space you occupy in the hearts of others is determined precisely by the services you render. All riches may be embellished and multiplied by the simple process of sharing them where they may help make the life of others better. Hone your talent well, let its glory shine out brightly so that it help to alleviate others from their predicament, foster your uniqueness and establish the relevance of your business in your target niche market.
Rise up today to give of your time, self, talent, creativity, money, knowledge, effort, etc to the betterment of others. Refusal or neglect in sharing your blessing is the highest disfavor and disgrace you can ever give to your generation. A great philosopher once said, ‘Help thy brother’s boat across, and lo! Thine own hath reached the shore’
12. Self control: Self control is the only way by which all your creative energies can be channeled towards a productive end. The person who is not a master of himself can never be a master of anything he sets out to fulfill. He who can exercise self control will be successful in business.
The highest form of self control consists in the expression of humility of the heart when one has attained great riches or has been blessed with high recognition for services rendered. The consequences of your inability to control your self in the midst of influence and affluence is worst than inherited poverty. By self discipline you will learn to take full charge of your mind and allow it to work for your good instead of working against you. There are many things that will plead for your attention because they know you can afford them, but be very careful; these are the very things that invite the downfall of a man. Never be fooled by their enticing nature. Let the maintenance of relevance and the enjoyment of true happiness be your driving force. Let it be your focus. Let nothing deviate you from the path of true success.
13. Build a team: No man can succeed in business without the right team. You cannot achieve much in business if you are doing everything all by yourself. Your knowledge is limited and your strength not enough to do all you need to do when you need to them to achieve success in business. Therefore, you need a team with diversified areas of specialization that can be tailored towards the achievement of your goals in business. Learn the lesson of the benefits of team work:
T : Together
E : Everybody
A : Achieve
M : More
There is no way you can equate the result of the effort of one man with the result of the efforts of ten men. When you have the right team, you work less, work smart and achieve more because each members of your team brings their wealth of knowledge to bear on the strive for your business success. There is more profit in the 1% contribution of effort from 100 persons than 100% of effort produced by one man. When one man is down the business loses its 100% contribution of efforts. But in a team of 100 persons, if one man is down, you only lose one percent; the other 99 men will still keep the business producing at 99% profit maximization.
When building your team, realize that you are not dealing with creatures of logic, but of prejudices and biases. They are people from diverse cultural, social and religious backgrounds. The diversity in backgrounds produces difference in character which produces major challenges in team building efforts. With wisdom and understanding you can properly co-ordinate all negative and positive attitudes towards the attainment of business success. Do not look for perfect men in your team, perfect beings are only found in heaven. Your team members may have some negative issues in their lives either present or past, that does not make them unfit for use. If they contain what you need for business success, hire or engage them. Do not look for perfect men or women, but look for willing and capable men and women who have made several mistakes in their past and have been made willing and capable by virtue of their failings. These are people with the required experience to drive the success of your business. When you have good teams believe in them and they will bring the success of your business into physical reality.
14. Sound Health: Sound health position you to achieve success in business. You need sound health to engage yourself in profitable business activities. Therefore, you must do everything possible to live a healthy life style. Take proper care of your health by taking in enough food supplements. This will help to provide enough vitamins needed for a healthy living. The foods we eat today rather than help to keep us healthy they contribute to the degeneration of our health. Every business owner must as a matter of necessity take the issue of his or her health more seriously. You can only think well when you are healthy. Good thinking is a major necessity in successful business operation.
15. Embrace the use of technology: One of the factors of major importance in achieving success in business is the knowledge of technology in carrying out your business functions. The knowledge of computer is a basic necessity today in ensuring successful business. Think about how limited a company will be in its ability to disseminate information if she continues to rely on the typewriter instead of making good use of the computer. The company may have enormous potential, but lack of adequate technological knowledge and application will place a gross limitation on how far it can go. The effectiveness of your business is largely dependent on your ability and that of your team to be able to use technologies that are related to your business activities.
16. Financial intelligence: You have to be good in accounting and investing. Any business man who is not good in figures should seek to engage the services of an accountant to help with the accounting and financial issues of his or her companies. In subsequent article I will give more detail attention to this topic. Check my article on the importance of book keeping.
CONCLUSION:
Success in business is not achieved by luck, but by a combination of success oriented principles. In enforcing these business principles, you have to condition yourself for success in business. Your self conditioning in business gives you business initiation which bestows upon you the necessary powers for the actualization of business success. Follow the above principles whole hearted and consistently, you will definitely succeed in business. Success in business answers to consistent application of the laws of business success.
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