Submitted by GAURANGAGG on Wed, 09/28/2022 - 09:16
There are certain traits that you must imbibe in order to become the best version of yourself. I have collated few after watching countless videos, reading blogs/ books.
- Throw heart and head into things that you do. It should become a joy, a calling and passion. Seeing things as that will enjoy that you are immersed and will become successful. Also help others rise. Pepsi CEO
- Learn how to connect dots - how to map the route to where you want to be and start taking baby steps towards it.
- Businesses build fortunes.
- Learn sales - learn it first and then figure it out. Never stop selling and then deliver it. Make money every single day.
- In business you will likely lose money in first few years, you may have to do side hustles to fund your main business to keep the cashflow flowing. Don't care about money too much but to help your customers to achieve their goals and ensuring they are in better position than they were before you met them. This leads to strong relationships getting developed and you keep on earning recurring revenue from them for years.
- Focus on multiple transactions over the long term - that's what life time value of a customer is.
- Leverage credit (other people's money in order to make money) - your savings from your day job is like an emergency fund - one emergency and it is all gone. Make banks your business partner who will fund in you for long term.
- Be a little crazy, have faith in yourself and put in as much work as needed and going above and beyond that. Don't quit until it works out. First few years could have some failures but stick to your plan. Be focused. Getting it done.
- Work harder. Have work ethic - see long term. Develop relevant relationships - they help you with the access. Don't give up. Most businesses fail in first five years, be capitalised to be able to accommodate issues that may arise.
- Not caring about working 18-20 hours a day but then it has to be for them, not others.
- Be a seller (more people became richer selling shovel than looking for gold).
- Mind set is more important - allows you to not make bad decisions. Make right choices and right habits on daily basis. Once stabilised, think about the next steps that you need to take.
- Timing has to be right. Values what you think what's important.
- Have good business plan.
- Being happy and have inner peace - very important.
- Go out and do you work.
- Every businessmen goes broke at some point of time,
- Don't ask for salary - that's a lazy move to make. You are ride or die commission only. If you didn't make that money, you don't deserve to eat. If you help them make 1M you deserve half of that. that's the kind of deal you have to make.
- if you believe in somethng and you find something good, you put in all your money into it and you grow it. Having full control in your company. E-myth and Scaling up. Turn key model - you prove the model and you duplicate it. Copy paste.
- More company die out of indigestion than starvation.
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