The Seven Ingredients of Business Success

As we have poured over reams of information about businesses, read biographies of every business leader from Bill Gates to Donald Trump, and experienced the joys and pitfalls of owning several businesses of our own, we have concluded that there are seven ingredients to business success:

  • First, you must know what you want. A lot of people dream about having their own business, but never take the time to get in touch with what they really want.
  • Second, you must have a plan for getting what you want.
  • Third, you need an entrepreneurial mindset. This means you are willing to think outside of the box and not accept the status quo. It also means you see opportunities that other people miss.
  • Fourth, you must have a passion for what you’re doing. You have to go into business for yourself because that’s what you want to do, not because you’re after the money, because if money is the bottom line, you won’t think as creatively or take the risks you need to take.
  • Fifth, you must be able to build a supportive team. Sure, there are people who have created great wealth by themselves, but those folks are few and far between. If you want to save time, energy, and money, as well as a lot of frustration and heartache, you need to find mentors and gather a network of supportive people around you.

 

  • Sixth, you must be willing to learn, learn more, and then re-think what you thought you already knew. The four most dangerous words in the English language are, “I already know that.” There’s always a better way to do things and a more creative approach to business than the one you are currently using.

 

  • Seventh, the shortest route to success is to mentored or trained by someone who has already accomplished what you want to do. You can save yourself years of trial and error and thousands of dollars by investing your time and money in being mentored by someone who is already successful in the way you want to succeed.

We at Home School Marketplace will try our best to provide you with the resources you need to establish and maintain a business as well as overcome personal barriers to your business success. We will feature the best business books, audio products, and conferences in all areas of business and wealth-building.

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