ACTION is More Important than Knowledge!

It was Albert Einstein who stated that 'imagination is more important than knowledge'. Now if he had been addressing a room full of entrepreneurs, I hazard a guess that he might also have extended this quotation by saying that 'action is more important than knowledge too!'

Make no mistake, if you want to make your mark on this world as an entrepreneur you have to consistently take ACTION! Not only that, you will also need to have the ability to inspire other people into ACTION as well.

Learn by taking ACTION!

In our modern society we gravely underestimate the value and importance of experiential learning. We have become conditioned to mistake qualifications for competence.

As an entrepreneur, most of your learning will come from experience generated through taking ACTION. There is no text book, no seminar and no guru that can replace the value of you having an idea and taking ACTION on it.

Don't let a lack of knowledge stop you from taking ACTION!

Often what holds us back from even trying is our perceived lack of knowledge. Word's to the effect of 'I can't set up a business because I didn't finished high school' or 'I can't start a business until I've got my MBA'.

If you have spent any time at all studying entrepreneurs you will find a lot of them don't actually have university degrees. Often it is this simple fact that motivates them into pursuing the entrepreneurial path!

Continually Self Correct!

When you take the experiential approach to learning and developing your business, you need to be highly attuned to the feedback you receive from your operating environment. Be highly sensitive to feedback from your customers and clients. Establish mechanisms to monitor the results that you are achieving. Once these are in place, continually put pressure on yourself and your organisation to continually lift your standards of performance.

When you operate in this way you will not fear making mistakes as there are no mistakes only feedback.

Know what you don't know!

I heard a very successful (and to the point!) Australian trucking magnate asked the question "What kind of knowledge does it take to be successful in business?". He responded by saying that "If you know that you don't know, you'll be OK. But if you don't know, that you don't know, you're stuffed!"

As an entrepreneur, if you know you don't know something you can always ask someone who does. Remember that you do not have to know everything! Build up an awareness of the things that you don't know. Then surround yourself with people that can answer all questions you can't answer yourself.

What is the most important thing to know before you start a business?

The most important thing you need to know before you start a business is clear understanding of the special gifts that have to offer this world.

Once you have this awareness, ask yourself 'how can I share my gifts in a way that not only creates a better world for others but also enables me to live an extraordinary abundance filled life?'

Once you have that simply awareness?. you've guessed it? you're ready to get out there and start taking ACTION!

If you are then prepared to stand up every time you fall down you will magically begin to see your ideas manifest in the world.

Copyright Damien Senn 2005. All rights reserved.

Damien Senn helps entrepreneurs create compelling businesses. He is one of the UK's top Business Coaches as well as a fully qualified Chartered Accountant.

Damien is the author of the 'Senn-Sational Success Journal' and has developed his own coaching model called the 'Senn-Sational Success System'.

For your FREE download '101 things to do before you die' please click the following link:

http://www.senn-sational.com/freeresources.htm

---

Whats Your Aging in American IQ? Take the Quiz and Find Out.

TRUE or FALSE1. Older adults have more mental health problems... Read More

12 Powerful Motivational Tools That Guarantee Success

No matter how many years you spend in a classroom... Read More

Motivation: 7 More Musings on Motivation

1. "If you have faith the size of a mustard... Read More

How To Be Motivated Without A Motivator

Many professionals spend their entire careers working under managers or... Read More

5 Fun & Easy Ways to Get Out of the Rut

I don't know about you, but sometimes I feel less... Read More

Choose Your Suffering - Be Willing to Pay the Price for Success!

One day when my friend Todd and I were having... Read More

Hurry Up And Procrastinate

I've been meaning to write this column, but I keep... Read More

How to Give Yourself a Motivational Warm Up When You Wake Up

Question:What is the worst thing you can do when you... Read More

Map to a Gold Mine - Could You, Would You?

If a total stranger came up to you and said:... Read More

Intelligence & Energy

Life and evolution is the dynamics of energy in which... Read More

Self Confidence: How To Build Your Confidence In Three Simple Steps

To Feel Confident ? A C TA new, more exciting... Read More

Making the Most of Now

"You must live in the present, launch yourself on every... Read More

How to Tune In Your Brain and Feel Motivated in Minutes

Want to know how to run your brain and be... Read More

Courage

"Courage is being scared to death - but saddling up... Read More

Live On Fire

Words seem inadequate to describe the beauty and abundance that... Read More

10 Common Money And Success Myths ? Part 2

Here are a few commonly held beliefs, or "myths," that... Read More

How To Deal With Denial

Denial is a coping mechanism commonly used when something happens... Read More

Curing the Blues - 14 Feel-Good Ways to Get Out of the Dumps

Everyone goes through that "in the blues" feeling once in... Read More

Motivation: 3 Keys to Lasting Change

David Bowie once sang, "Ch-ch-changes, tryin' to face the strain."There... Read More

Resistance Is Natural - but Not Helpful - in Times of Change

Here are five feelings we all experience in changing times.... Read More

Three Simple Ways to Motivate Yourself Today!

Are you having a hard time getting things done? Are... Read More

Five Great Ideas From Aristotle

It was Socrates who said that the purpose of philosophy... Read More

Nothing Ever Stays The Same

Nothing ever stays the same. On the one hand we... Read More

Finding Motivation: What To Do When You Dont Feel Like Doing Anything

"The measure of your success usually comes down to who... Read More

Taking Action NOW: 9 Key Strategies...Part I

Awareness, understanding what impacts you!Awareness makes it possible for you... Read More

Dont Just Hope - Decide!

As the story goes, a single college-age guy went to... Read More

5 Great Ways To Overcome Procrastination At Home

If you procrastinate at home you may suffer some consequences... Read More

Quick Tips On Getting Motivated When You Dont Feel Like It

The secret to getting started on something when you don't... Read More

Five Mores to Enhance Your Performance

When you think about the most successful, happy, fulfilled people... Read More

Recommendations for the Best Personal Growth Books

I can't stress this enough: You've got to motivate yourself... Read More

Grit or Grace?

The grit of life is hard to swallow. You make... Read More

Information Age: Knowledge is King

In our information age, having the right knowledge at the... Read More

The True Cost Of A Lack of Motivation

And what a lack of motivation means..As you read this... Read More