Tag Archives: entrepreneur success principles

6 Strategies for Sustaining a Success Mindset

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How do we know which decision (of the many) will be the game changer? Which choice will result in landing the perfect client, creating a market-shifting product or which partners will propel our brand influence to new heights? Throughout your career as an entrepreneur or not, there will be multiple opportunities to make “the right” choice, but how do you know what’s best for you?

Truth is you already know the answer. You know that no matter how hard you research, analyze and meticulously check every detail there is never a perfect choice. There are too many angles to evaluate and too many perspectives to consider in getting it all right. There is ALWAYS something we miss, forget or don’t fully understand.

But, there is an alternative. This uncommon track can lead you to health, wealth and success (whatever that is for you) despite any slips, stumbles, and struggles.

Broken Mindset

I started my first business in 2007 and it was reasonably successful, it paid the bills and made a little profit. However, ultimately it failed as I wasn’t fulfilled while on this journey. I tried a couple more times at this entrepreneur thing…once failing due to lack of revenue because of no defined strategy or systems and then because of an unclear brand and failed marketing efforts.

I lied. Here’s the truth. When looking back (hindsight is 20-20) I didn’t fully understand strategy, branding or marketing. Therefore, I couldn’t create the needed systems to win. That part is true. What failed me, however, was my mindset. It was essentially me failing myself. Here’s why:

  1. I was afraid to admit I didn’t know these skills or have the business expertise to get the job done. I wanted to look smart and successful.
  2. I was lazy and didn’t give the effort to learn and do what I needed in order to overcome my areas of weakness.
  3. I wouldn’t let go of other things (for instant gratification)I believed to be important to me.

My attitude, interpretation and response to nearly every important decision had failed me. I was living with what I call a “broken” mindset. All of these thoughts were fragmented instead of focused, pessimistic instead of positive and problematic instead of productive. I had believed I knew it all and all other feedback was useless. Luckily, I had enough emotional endurance and found ways to stop sabotaging myself.

Strategies for a Success Mindset

Growth and sustainability in business comes from being able to consistently push your own personal boundaries. Business performance is people performance.  For me, that wouldn’t have been possible without the following strategies for a success mindset:

  • Be Clear– There’s not much out there more influential to your growth and progress than specifically defining what it is you want. Take the time to explicitly paint the BIG picture of where you want to end up, the exact outcomes and the process to get there. You may not have all these answers yet, but get them as clear as you can and start now. Keep tightening up your clarity as you go.
  • Be Bold– You will know you are on the right path if you find yourself a little afraid and intimidated. This is a good thing to be aware of and then take the steps to move with it. Be courageous and step into your fear and resistance more often. Comfort with discomfort will build your confidence enough to take leaps instead of just single steps.
  • Be Open– If you want more in life then you have to open your mind to new learning. Open up to new perspectives, new angles, new skills, new people, new cultures, etc. The great thing about learning is that it can happen anywhere. Be creative and productive in this process, learn new things and you’ll soon experience evolution.
  • Be More– In my initial work with clients I’ll tell them to press outside their comfort zone. They often respond by telling me, “I don’t know, that’s not my area” or “I can’t do that, that’s not me”. I reply back, “Exactly!” There is always a next level you and if you want to get there you have to transcend your current YOU. Who you are now won’t get you where you want to go, you must become more. Who must you become to grow and give more?
  • Be Synergistic– Doing this alone may be possible, but there is a special magic that comes with having a community of people who are dedicated to supporting your growth and success. At minimum you should have a dozen people in, what I call an, “achievement alliance” or a group of individuals committed to helping you achieve the next levels in your life and business. Find people who are better than you, who will be radically honest with you and spend a lot of time with them.
  • Be Strategic– Before leaping into anything it’s always important to consider the possible pros and cons along the journey. Don’t make the mistake of only thinking about the initial ups and downs. Evaluate future outcomes and do your best to predict long term and short term problems, surprises and possibilities. Be smart by defining which of these align with your strengths and ambitions while also avoiding as much risk as possible (without losing efficiency and effectiveness).

“For twenty years, my research has shown that the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you accomplish the things you value.”- Dr. Carol Dweck

No one else cares as much about your destination as you do. You are the driver of success in your business. You decide your mindset for living and fulfilling your dream.

No matter how ambitious a goal you have, your mindset will always be a big part of achieving it. Without the right mindset, the pressure of our work environment, fear about our finances and doubt about our skills can stomp out our personal and professional desires.

What mindset killers have you faced this week? 

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3 Keys to Success in Entrepreneurship

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If you asked me a few years ago what the key to success in entrepreneurship was, I might have told you that it was training and development in the beginning.  A little later I would have responded with the answer of recruiting.  In the middle of this journey I would’ve said sales and marketing.

Later, after some struggles, I thought if you have great leadership and systems you can manage all of the above.  A more recent response would’ve been if you don’t have a strategy what good are those.  And right now I can hear you saying (probably screaming) adamantly that the most important element is financial acumen.

The truth is that these are all correct and I don’t disagree that these areas are all vital to the growth of an entrepreneurial endeavor.  However, in my recent experience and taking all past experiences into consideration there are three key elements I’ve found to separate you from the red and often your competition.

Making The Shift

The keys are all personal…Not business related.  After all personal development is business innovation.

Heard this before? Not like this you haven’t, don’t stop reading yet.  The number one complaint I hear from Entrepreneurs, Executives, and other industry experts (not to mention working moms, coaches, authors, speakers, etc.).  I just don’t have enough time.

Does this sound like you?… “I need more time or I can’t get it all done right now.”

I understand.  I’ll tell you, no matter how hard I worked it seemed like I worked 12, 16, 20 hrs a day repetitively.  We know a successful business takes great ideas, creativity, collaboration and a bunch more, but actually making those ideas happen is the hard part.

Spending more time working is no longer the answer.  We’ve missed enough time with family, friends and enjoying the other fruits of life to spend more time at a desk.  The reason so many are not achieving enough is not actually a shortage of time anyway.  I mean, who isn’t working at least 50 to 60 hours a week these days?  It’s a deficiency in these three keys and it’s time for a shift.

Purpose in Entrepreneurship

The true importance of a purpose is not in having one, but in the clarity of yours.  In today’s highly competitive world if you’re not explicitly clear on why you’re doing what you do you’ll eventually fail.  There are many crossroad to come and mountains to climb and a lack of clarity is like traveling without a map.

No map leaves you guessing or with too many questions.  Your confusion and fears create a slow grind of indecision slowing any sense of progress.  Once you’ve clearly defined your purpose you will know, with greater confidence, what path is best for you and many of the intricate details needed to excel along it.

Clarity of purpose streamlines your focus and also engages others in the process.  They are able to clearly understand what you are trying to accomplish and why it’s meaningful.  That’s magic for business…it makes it easy to define job roles, responsibilities and skills on the inside and easy to communicate customer solutions and strategies on the outside.

Purpose creates a feeling of fulfillment because it clearly defines an understandable path, a meaningful result and represents a fully expressed you with which others can relate to and align with.

Progress in Entrepreneurship

Not everyone is aroused by purpose alone.  A sense of progress is also highly important to inspire action within your company.  Action, however doesn’t necessarily mean you are being productive and progressing forward.

Identify behaviors that provide confidence, motivation and move you closer to achieving the goal.  We often under-appreciated and overlooked the small victories, but it’s important to take time to notice these and you’ll waste less time, money and precious personal “juice”.

Your ability to push through the “dry times” of startup (low traffic, leads and customers) will separate you from the competition in the long run.  Appreciating these small wins will help you execute projects with greater efficiency from the point of inspiration to implementation.

Eban Pagan believes the “Speed of Implementation” is the number one key to long term success.  Maintaining this feeling of progress can build the momentum you need to complete the book, online course or partnership strategy you can leverage in your business for the long term.

Performance in Entrepreneurship

We all know there are varying levels of performance.  In this case I am speaking of high human performance…your ability to sustain high levels of energy, enthusiasm and engagement and elevate to a higher level you.

There will be times you overcome big challenges and don’t get the results you want and there are even times you are highly effective and still “lose”.  These challenges will consistently occur throughout entrepreneurship, but it’s your ability to face them and finish without “falling off” that will you succeed.

High human performance is the knowledge, skills and resources to get the job done well more often than not.  And better than you did it the last time.  Your daily performance provides a feeling of accomplishment at the end of each day and a sense of fulfillment along the journey.

Instead of a little, quick spark here or there, this is continuous and magnifies confidence,  instills courage and helps you stay committed to your biggest, most meaningful goals despite new and more daunting challenges.

The Multiplier

If you’ve made it this far then you truly are student of your craft and I reward you with a 4th key.  Key #4 is Urgency.  Urgency is the multiplier (I know, I know, it doesn’t start with a P.)  We could use Parkinson’s law which is a tactic for creating a greater sense of urgency (we’ll save that for a later date).

Urgency is the true difference between an entrepreneur and highly successful entrepreneurship.  With urgency you will find out how well you defined, prepared and fulfilled the first three keys.  You will learn what you are truly talented in and how passionate you are about your purpose.  Urgency, brings out true human potential and can create real levels of high performance.

Urgency is the one thing that drives people, projects and businesses forward quickly.  Being truly urgent in your actions will help you gain a significant advantage over your competitors and sustainable success in Entrepreneurship.

Here are some questions to ask yourself to help you think about your current business status…

  • Can you clearly (I mean with crystal clarity) define your purpose?
  • What have you been thinking about for too long? (What if I told you you only have 60 minutes to choose?)
  • How effective are you at performing the tasks needed for successful execution?  Can it be done better?
  • Are you demanding enough? On others, or better yet, yourself?
  • Who owes you something (a report, product or idea)? How much time have you given them? Do they really need that much time?

I’ll leave you with this…

To achieve greatly, you must master the three keys first and then cultivate great urgency in a way that channels your significant purpose. We must not view ourselves as time stressed, but as highly time sensitive beings.  Our time on earth is short and the lifespan of an average entrepreneurial business is even shorter.  Only when we view life & ourselves this way are we likely to generate the energy and drive to make things happen fast and in a meaningful way.

Which of the three keys is deficient most in your business?  Begin or join the conversation by leaving your comments below.

 

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