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Here's why
most businesses fail:
-
Lack of
money – you don't have enough to get
started and grow
-
Lack of knowledge – you don't know what you're
doing
-
Lack of support – you're not able to get the
support of other people and sell them on your ideas
8 Key Entrepreneurial Questions
Successful Business Owners Follow the Leader
Once you
discover the simple secrets to
business management
success
you will become a
leader
yourself. Smart business people realize
there are laws of business success. Its
simple, just follow the rules and win. But
the rules always change.
What doesn’t
change is the most important quality you
need to succeed. Your attitude!
Excerpt from
"Developing Self-Discipline for Starting
Your Own Business" – included in package...
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By: Brian Tracy
Special Disciplines
To start and build your own successful
business you need special disciplines;
disciplines that are practiced by all
successful entrepreneurs and self-made
business millionaires. You can either learn
and practice these disciplines early in your
entrepreneurial career or you can learn and
practice them later.
Estee Lauder: 15 Rules for Success
Sooner or later you
must become knowledgeable and skilled in
each of these seven areas if you are going
to build a successful enterprise. And the
longer it takes you to master these seven
areas, the longer it will take and the more
it will cost, before you eventually achieve
your financial and business
goals.
The first discipline is the discipline of
market analysis. This is where most
entrepreneurs fail. They start off with a
great idea, and often don't want to tell
anybody about it; for fear that someone will
steal their idea. So they go off half-cocked
into the marketplace with a product or
service that has not been thought through
properly and they are amazed when it fails.
The fact is that people are far too busy to
steal your idea. 99 out of 100 new business
ideas fail anyway. People who are operating
their own businesses are far, far too busy
to have even a minute of time to "steal"
your idea, whatever it is.
Ask People's Opinion
In fact, if you have an idea for a product
or service in a particular industry, you
should go to someone who is already in that
industry and ask for their opinion. If you
are really smart, you will get in touch with
as many people in that industry as possible
and lay out your idea to them in full and
ask for their candid comments.
What you are looking for is "negative
thinking." A negative thinker is someone who
will point out the holes and flaws in your
plan. If you cannot patch the holes or fix
the flaws in
your plan for a new business,
that is probably a pretty good indicator
that your business is not going to succeed.
*****
To your continued success!
Click here
to discover more!
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