I think it's fair to say that not everyone is cut out to be a successful business owner, now some of you maybe disputing this statement but hear me out.
I'm not saying that if you put a person in the perfect business environment that they won't succeed but how often does the perfect business environment appear?
Based on my own study and observations, as well as, the common themes that come through articles on my Minds Alike Blog Site (www.mindsalike.blogspot.com) I have put together a selection of the various "things" that a person must possess to be a successful business owner:
To be a successful business owner you must believe that you'll succeed and have a positive attitude because there will be times when self doubt strikes, but if you believe that success will happen then the doubts will be overshadow by your positive attitude.
To be a successful business owner you must be prepared to risk everything, this is where many people give up because they are not prepared to take the risk that could end up with them losing everything.
To be a successful business owner you must keep things happening, if you're someone who procrastinates and cannot overcome procrastination, you'll never succeed.
To be a successful business owner you must motivate yourself and not expect motivation to come from books, mentors, coaches or seminars, they can all help but when you wake up of a morning, it's all up to YOU.
To be a successful business owner you must have a Passion for what you do, otherwise you'll not have the Desire to carry on once the hard times hit and there will be hard times, believe ME.
To be a successful business owner you must never compromise on your Core Values, no matter what the payoff maybe, if you "trade in" your core values you haven't succeeded, you've given up.
To be a successful business owner you must have vision, you must be able to see how your business needs to develop and change in the future.
To be a successful business owner you must seek the Assistance of Others unless you're someone who knows everything and can do everything yourself, which, as you know is not the case, we all need help to succeed.
As I said at the start, not everyone is cut out to be a successful business owner, some of the themes above can be taught but will they stick and become part of YOUR make-up?
If your answer is no, then sorry, but you don't have what it takes!
Garry Munro has the Minds Alike web site at http://www.mindsalike.com.au where you can find more articles on success, happiness and self development.
![]() |
|
![]() |
|
![]() |
|
![]() |
The "spark" for many entrepreneurs is seeing an opportunity that... Read More
Summary: Even with a wide variety of sources available, coming... Read More
When raising capital for a business venture, a company can... Read More
Romans had a phrase for this- First among Equals.Online marketing... Read More
You have decided to strike it out on your own... Read More
If you believe that every little bit helps then keep... Read More
The words you see onscreen trigger subconscious responses. Dark images... Read More
As a service provider, the most important type of "boundary"... Read More
IntroductionKnowledge is the key resource that forms the institutional basis... Read More
I believe the spiritual aspect of life, especially to entrepreneurs,... Read More
Franchises offer the first time business owner a proven and... Read More
How often do the words "I need" come out of... Read More
Have you ever heard of "Dream Boards" or "Treasure Maps"?... Read More
In discussing entrepreneurship and writing articles on the subject, I... Read More
Ray Bradbury's quote, "You've got to jump off cliffs all... Read More
The first step in deciding whether to start a business... Read More
Start your own business, and soon enough, you find yourself... Read More
The Department of Labor predicts that the #1 employer in... Read More
There are many coating businesses in the market today, but... Read More
Rupert Steiner in his book 'My First Break' attempted to... Read More
When a company decides that it must raise capital, a... Read More
For those of us who grew up with parents who... Read More
Any time you make changes in your life you are... Read More
Select the best response to the statement below:As a solo... Read More
Sylvia Acevedo needed a break from her technology job so... Read More
Q: I started my business about a year ago and... Read More
Why, exactly, do you want to go into business for... Read More
Every business has to start somewhere. What truly makes this... Read More
Franchising Trade Journals do not do well, because today with... Read More
Isn't enthusiasm a good thing? Aren't we urged to be... Read More
Communication is the key to vendor relations. In your small... Read More
Hello Creative Entrepreneurs!Thought for the day:"It is not easy being... Read More
When companies enter into negotiations with venture capital firms, there... Read More
In business, you plan to protect your inventory, your unique... Read More
It's important to understand when to add individuals to your... Read More
You want to get a good, solid overview of what... Read More
Jones was a typical entrepreneur who worked long hours and... Read More
One of the most important benefits employed people enjoy is... Read More
When's the last time someone asked you: "What's new?" If... Read More
Becoming a successful entrepreneur in the online world is no... Read More
Did you ever wonder what happens to all that government... Read More
Last week I was working with one of my small... Read More
Bootstrapping a business startup does not necessarily mean that you... Read More
"Berkshire Hathaway (NYSE: BRK.A) to purchase Clayton Homes for $12.50... Read More
Not having enough money for a comfortable retirement tops the... Read More
Does it seem like everyone and everything is vying for... Read More
We've all seen the hype: "We'll put your plan in... Read More
An entrepreneur is an innovator. She sees a need in... Read More
It is paramount that all franchising companies work hard in... Read More
"Real champions believe in themselves even when no one else... Read More
As one of the most successful direct sales entrepreneurs in... Read More
7 Financial Strategies for Transitioning from Salaried to SoloA 40's... Read More
I've got to admit, I'm a big fan of comfort.... Read More
One of the most important management tools a franchised company... Read More
Forging partnerships to improve market penetration has become commonplace, particularly... Read More
I have worked in the credit industry for over 17... Read More
Any success you have in life must begin with a... Read More
I sat watching a documentary on U.S. Navy SEAL Team... Read More
Many people are starting an online business without a thought... Read More
Before you decide whether or not running your own business... Read More
Q: I want to start my own business. I have... Read More
It is a common known fact that it is far... Read More
As I awaken with the gift of yet another day... Read More
The Department of Labor predicts that the #1 employer in... Read More
Yesterday was a beautiful, sunny day in New York and... Read More
When I got into business I wanted to build a... Read More
Entrepreneur |