If there’s one thing that successful people have in common, it’s that they are early risers. From GM’s CEO Dan Akerson to Tyler Perry Studios head honcho, Tyler Perry, it’s 5 a.m. or earlier! And you’d be amazed at what you can do before 9 a.m.
To that end, let me share my Great 8 Start-Up Essentials:
1. An idea: It should be fleshed out because you’ve done the knowledge and have identified a potential market.
2. A business plan: Take this seriously, even if you don’t complete a model plan worthy of publication and even if you don’t plan to raise capital outside your personal savings and access to funds. You need a business plan to clarify the vision you have for your idea as well as for yourself.
3. Bookkeeping and accounting basics: Because you’ll likely have to wear a few hats in the first days of your business, you’ll have to get comfortable with some basic math to keep track of your business’s finances.
A business plan. A website. A means to track spending and profits. An office space. Time. Money. Sweat equity. None of these, however, means anything if you don’t know what kind of business you want to run.
Starting a business sounds scary, but before you can even do that you have to get past the first step, which is often the hardest (yet doesn’t require a single penny): figuring out exactly what you will find. The good news is two simple questions can provide you some answers right away—or at least give you a launch pad.
The first (Question #1) is asking yourself, what comes easy to you but harder to others? Take a moment to think about all the things you do well—better than most others. Certainly you have at least one or two things that you do particularly well and which get other people to notice (and perhaps compliment you). What natural abilities do you have that you may be able to make a living doing?
We typically underestimate the power of what comes easy to us and we are usually blind to those innate skills that could shepherd profit. It doesn’t have to be a profound skill; it can be based on an everyday activity like writing (poetic) e-mails, cooking (amazing) meals, or creating (beautiful) spatial layouts in your home’s rooms.
Money changes people, sort of. I think we all know someone who would be dangerous around a sudden windfall of cash. The worst thing that can happen to this person is money, the reason being that they will rush out and buy copious unnecessary items to fill up the void that is their soul. Hit the jackpot today, hit the mall tomorrow. I met a woman once who was so caught up in brands and the image of wealth that the moment she came into some money (from an insurance payout following a minor car accident that wasn’t her fault), she announced she was dashing out to buy some “Escader,”“Christian Dinor-ah,” “Lewis Vitton” and “Prader.” Clearly, she wasn’t able to even pronounce the brands but now she could buy them all and load up her closets, masking a low self-esteem in her “personal house.”The money wouldn’t help fill up her spiritual bank, her mind and soul. I was saddened by how this woman talked. While I tried to explain to her that the material goods wouldn’t make her happy and satisfied in the end, she wasn’t ready to listen.
What brings to an important detail is I want to address. You are ready to get real and get rich! For some, hearing what I have to say about certain things may make you uncomfortable.
It’s time for you to become the da Vinci of your own new self-portrait.
The great thing about New Year’s resolutions, June weddings, and August Back to School is that it offers everyone a chance to clean their slate and start new beginnings.
The self-portrait journal is designed to share the steps, methods and eternal truths that empowered me to discover my values, goals, purpose and ability to achieve results and experience profound fulfillment. Do them at your own pace. There is no time limit. They deserve your undivided attention.
Creating your Owner’s Manual will help you to understand how your life works and why parts of it may not be working. This exercise will help you achieve dramatic new levels of success in all areas of your life and to truly become rich from the inside out.
First, what does being rich from the inside out mean to you?
Grasping the reality of this current hard-hitting full-blown economic downturn and all-out crisis in your life is not an easy task. How you deal with it will determine your ultimate success.
I am proud of my identity and roots going from food-stamps-to-fortune. For me, being poor was never a factor that confined the person, rather just a temporary circumstance of sorts.
Each moment can change the rest of your life and the course of your direction. If you are not intentional with your actions, you will plan to fail. Successful people operate from the beat of their own drum, but they are intentional. Successful people don’t become successful by accident—it’s sheer, practical application of their talents and traits.
1. Hard Working: Running a business requires a lot of energy and drive. This involves the ability to work for long hours when necessary, to work intensely in spurts and to cope with less than a normal amount of sleep.
2. Self-Confident: To succeed, entrepreneurs have to believe in themselves and in their ability to achieve the goals they have set for themselves. This is often shown by a belief that “if you want something badly enough and are prepared to work at it, you’ll usually get it”.
3. Builds for the Future: the goal for most successful business people is to build a secure job and income for themselves, which is based on their own abilities. This means entrepreneurs understand that it may take several years to build up business income to a reasonable standard.
How do winners win? How did they do it? How did they get where they did? Certainly not by complaining about their lot in life, or by crying about how tough life was or about the conditions they faced. They just went out and did it. And in so doing, they were successful.
One of the most telling things about chronic whiners is they complain about their woes so much that they tend to sap the energy of others who are trying to get on with their lives. When one of these habitual whiners leaves, you can almost hear a collective sigh of relief from the others in the area! Another trait one sees in people, who find it hard to succeed, is that they have an excuse for their lack of productivity. Whiners make excuses why they weren’t able to do something; winners just get on with it and finish the job!
In every aspect of life and in every career path, there will be hurdles and pitfalls to overcome. Even the best will knock over a hurdle or fall into a pit occasionally. Also we all have our downward spiral days, days on which things are just getting too much for us. It is these days that we have to have the fortitude to get through. The fixation should be on the goal, not on the troubled path we walk on.
Today, we see an entire generation of new leaders and entrepreneurs alike struggling to make an impact. This is the age of social networking with Facebook, Twitter, Google and mobile technologies enabling people to connect with millions in geographically dispersed locations worldwide. Enterprises from home-based startups to Fortune 500 companies are restructuring workforce and productivity models using efficient collaborative network tools.
Whatever your profession–you will never be able to stand idle or underutilized. Dynamism is the new catchword and anyone who deals with the problem of constant upward mobility needs being ‘fit’ to keep up. It isn’t enough to be merely ‘good’ at one’s work, field or trade; one requires excelling to make the difference. To do so, one has to be totally up to date with the latest that is happening in one’s chosen field.
The biggest issue facing the people today–it is immaterial what your discipline happens to be or how old you are. Yesterday’s skill-set and yesterday’s knowledge has no value. One doesn’t have to be necessarily ‘with it’ but aware and current. You need mental aerobics and skill-set calisthenics to stay ‘in shape’ for the future. Doing this is not the easiest thing to do, but one’s options are limited to progress moving forward.
Uncertainty about this country’s and your own personal economic survival is anything that gives us a sense that we have lost control of our day-to-day means of survival. The end result is fear, anxiety, stress, depression and developing poor self-image.
How often have you looked at yourself in the mirror feeling depressed? Did you also realize that you end up carrying over this feeling for days on end and go into a deeper slump, that even your health gets affected? The final outcome you constantly feel discontented, frustrated and dissatisfied with the blame sitting squarely on our shoulders or rather your body. We often let negative perceptions of our self-image last our entire lives for years.
It’s rather perplexing how we end up creating a self-image that is so negative and unproductive!
Today billions of people visit the Internet around the world. Although many talk about Internet websites, just how effective is it? The answer is: a website can be very effective, if done right, it generates sales leads by expanding your market reach through “search engine optimization” (SEO) and social networking techniques.
Have no fear–most web design software and online applications walk you through the initial development stages therefore, it is not necessary that you learn programming such as “Hyper Text Markup Language” (HTML) or “Extensible Markup Language” (XML). As an entrepreneur, you should decide at some stage of your business plan whether it makes sense to build a website. If you are working your local neighborhood–person to person referral sales strategy, then a website may not be necessary. However, if you are selling products or consulting services, it is valuable to consider building a website as a portfolio of your product or work samples.
As you proceed with your website development one of the first steps is to secure a “Domain Name”. For example, www “Insert domain name”.com, auto detailer.com, catering.com, nonprofit.org. Be creative in selecting your unique domain name that will service as a calling card to define your small business to potential customers. Get to know your customers better by posting an outline of your professional skills and experience with a formal photo introducing yourself.