Think and behave like an
Entrepreneur. Your attitude will determine your altitude.
Developing
this mindset will make you and your business a great one. Below are the top ten
secrets of Successful Entrepreneurs:
1.Vision
Business starts with a VISION. All true business leaders are
visionary. A successful entrepreneur must be a great dreamer and a visionary,
who must be pregnant with productive ideas. One who sees into the future and believes
in the vision.
2. Burning Desire
The motivation to start
and run a business enterprise must be with a burning desire. A burning desire
protects, it helps you to face challenges and obstacles which will present
themselves during the period of building your own business. A burning desire
makes it impossible to be convinced that your vision cannot come to pass. If
you are not passionate about your business or dream, it will not come to pass.
3. Ability To Start Small
Entrepreneurs
who start with too little capital are usually more successful than those who
started with too much capital, because little capital produces more drive to
produce more result.
Pastor
E.A. Adeboye said in one of his teachings that “there is beauty in starting small” God values little beginning.
Small beginnings makes you learn to think
fast, take quick and positive decisions. Any one of today’s tiny, part-time,
home based businesses has the potential of becoming tomorrow’s giant
conglomerate.
The
Chairman of Peace Group of Companies (owners of Peace mass transit) started as a bus conductor, and then moved to owning two
buses; today he has the Largest Mini-bus transport company in Africa with over
3500 staffs on payroll.
4. Service-Oriented Mentality
If you want to be rich simply
serve more people…Rich
Dad.
Business is simply
servicing the needs of people. Bill Gates and Larry Ellison did not join the
rank of richest men in the world until they provided easy-to-use software for
millions of individuals and businesses. Aliko Dangote did not become the
richest black man in the world until he provided the basic needs of over 50
million Nigerians.
Ask
not what your country can do for you; rather ask what you can do for your
country…John
F. Kennedy
5. Diligence
This demands that you work hard to accomplish your
business dreams. The chancellor of Covenant University, Dr. David Oyedepo
declares that “Diligence has no substitute”. Don’t just dream it, work it out.
I learnt that Dr David Oyedepo works for average of eighteen hours a day,Aliko
Dangote works on average of sixteen hours a day. The result is speaking.
Work
harder, better, smarter, and longer.
6. Strategic Planning
Having decided on the business you intend to set up or
what amount of money you intend to make, you will need to draw a business plan
or financial strategy.
Planning
simply means system of achieving objectives and goals or a method of doing
something that is worked out in advance.
The
book of proverbs says
“Every great enterprise is built by wise
planning”
7. Risk Taking & Persistence
There
is a direct relationship between the level of risk and the likelihood of
success in the world of wealth creation. If you don’t take a step, you would
not see the success. Business success is not an overnight event; you must
persist and take the necessary risk before you breakthrough.
Thomas
Edison tried 999times, but the breakthrough came at the 1000trial. Today, his
company is one of the largest in the world.
The higher the risk, the greater
the returns and also the greater the loss.
8. Innovative Thinking
Great
men like Dr.David Oyedepo, Ben Carson, Sam Maduka Onyishi, Mark Zuckerberg,Steve
Jobs have this has one of their core values. You must be an innovative thinker
and you must be innovative in business to stay ahead.
Innovation is the capacity to create
new approaches to deal with old challenges. Innovative
thinking makes you a creative and innovative entrepreneur. Think outside the
box, draft new strategies, and develop new ideas to run your business. Stop
thinking ordinary!
9. Character Development
In your quest for business success, develop sound
character that will speak well of you. The chairman of Peace Group of Companies
Ltd (owners of Peace Mass Transit) once told my mentor (Chukwuemeka Asogwa) at
the airport that rich people are in great need of people to trust. According to
this businessman, Sam Maduka Onyishi, his Chinese business partners could
release any number of goods for him without fear of betrayal or fraud. That’s
Character, it is a Social Capital. Trust is one of the most valuable
commodities in the market place. Be a business man with integrity and sound moral
principles. Most people ask how character is developed, simple! Just make
right choice and you have built Sound Character.
10. Goal- Setting
A goal is a guide to success; it helps like a road map,
which shows us the routes to success. Every great business leader is a goal
setter and a goal getter. Write short, medium and long term goals. The short
term goals are immediate goals achievable within the next twelve months, while
medium term goals are those attainable within a period of one year to three
years. Long term goals are goals that are envisaged to be attained within three
to five years.
One
unique goal that drives any entrepreneur is financial goal. You need to imagine how much you plan to make in the next one
year for your short-term financial goal and
in three years for your medium term financial goal and how much money
you intend to be worth in four years time for your long term financial goal.
Learn More about this
Topic,You can Order the Book ,START YOUR OWN BUSINESS by Christian D.Ani .e-mail:mymoneymachineworld@gmail.com
