It’s like climbing up a ladder one step at a while.
It wasn’t easy when I started my first business. After much trial and error and learning from others’ successes, I discovered there were seven fundamental principles that will help you build a successful business.
1. Start
Although this may seem simple, I have met many people in my seminars and workshops who had brilliant ideas for products or services. Later, I found out that they had not applied the skills I taught to their beliefs.
Passion without a purpose is like trying to start a fire without any kindling or wood. Although it’s great to feel passionate about an idea or a topic, gathering wood (searching for the correct information to light the fire) is essential.
2. Understanding
This is the second pillar to achieving a highly successful business. There will be problems. Thomas Edison was the one who discovered the secret to the electric lamp. He persevered with his dream despite nearly 10,000 failures. How did he overcome all the obstacles on his way to success? He was surrounded by a winning team that was open to his calling.
3. Communication
I don’t hear you, speak up When he made his first telephone call to Thomas Watson on March 10, 1876, Shouted Graham Bell (inventor of the telephone): “Mr. Watson, come here–I want you to see me.”
The third step to a successful business is communicating your ideas and researching with people you trust.
There are only so many words you can say in this lifetime. Why not share your thoughts with the right people? It is the worst thing you can do to share your dreams and goals with people who won’t lend you a penny or even their time. Your idea is valuable, and your time is valuable.
4. Be consistent
Have faith in your idea, and stay consistent. Consistently pursuing what you believe in is the best way to succeed in business.
A seed is an idea. You must nurture your idea daily to ensure it grows. You will be a highly successful business if you continue to research and develop.
5. Expectation
When farmers plant cornrows, they expect to harvest corn. It would be absurd to expect anything else, right? People who aren’t able to grasp the details of launching a successful business often abandon their ideas and end up blaming everyone. You must work on it consistently until you achieve the results that you desire. You can always try again if you fail.
6. Satisfaction is the key to success.
One man’s success can be another man’s disaster. You have researched your idea and built a team of passionate people who will cheer you on when you fall. Ask yourself if you are satisfied with the progress that you have made. If not, ask yourself the five Ws.
Whom can I talk to about this?
What are the following steps to take to make this area more successful?
This is when it’s most profitable.
Where can I get new information?
Why can’t I be satisfied?
Ask How to Help.
7. Start Again
The last step in a highly successful business is to start over.
Don’t be so proud of yourself that you allow your shoulders to sag from all the celebration. This could be a significant setback for your business.
What is Warren Buffet’s secret to his success? How did Donald Trump become so successful? Take a look at the numbers 2-5 again.
Succession comes from constantly starting over and over again. This is the best way for a business to succeed.