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Creating a Successful Business Mindset

Guest post by: Gabriel Walton

Article Overview: Most new entrepreneurs fail in the first five years because they have not mastered one of the few things that is responsible for their own success. Themselves.

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Creating a Successful Business Mindset

When most people start their first home based business, they fail. In fact, about 97% of new entrepreneurs fail in their first five years. Most of these new entrepreneurs fail their first year. You might want to know why or what you can do to keep this from happening to you. It is a step that is rather easy yet hard at the same time. If you want to start a business or want to see your current business become successful, you must develop a business mindset. The business mindset is the solution to so many of the problems that are found by new entrepreneurs. Let us assume you started as I did. I usually worked 60+ hours a week trying to feed my family and pay all the bills. I was stuck in the rat race with the mindset that I was an employee. We all have this mindset driven into us from a young age and need to overcome it before we can work for ourselves.

This is the attitude that we are more willing to give of ourselves to our employer than to our family or ourselves. Giving more of yourself to your boss than to your family gets a little depressing when you think about it, does it not? What we all must do is what I had to. I had to develop the attitude that I was not going to give more to anyone else than what I gave my wife, kids or myself. This is what got me to take the first step.

The next part to creating a business mindset is to decide what you are worth. Think about it this way. You go to work and punch in on a time clock. As a result, you are paid what, a few dollars an hour to break yourself to make someone else money. Is that fair? No. It is not. This is the attitude that most of us will follow when we get out on our own as entrepreneurs. We think that we are only worth a few dollars an hour.

So how do we fix it? Look in the mirror and decide what you are worth. How much are you worth? Are you worth $20,000 a year, $60,000 or maybe $150,000? The more you think you are worth the more willing you are to become a producer to that amount. Set your goals to earn what you are worth, and do what it takes to meet those goals.

Do not be one of the 97%. Decide what you are worth. Decide what you are going to give to your family and yourself versus your boss. Remember, you are the only one who has control over how your time is spent and how much you make. You can be successful with the right mindset.

For further information on becoming a successful leader and entrepreneur feel free to contact me with any questions via email, or visit my site.

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Home > Marketing > Gabriel Walton > Creating a Successful Business Mindset
Article Tags: business mindset, first five years, successful business
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About the Author: Gabriel Walton
RSS for Gabriel's articles - Visit Gabriel's website

Gabriel Walton is President and CEO of Walton Marketing Enterprises. Gabriel is an expert in business growth and skills mastery for the generation-y audience. He has been training workers and business people since 2002. His leadership skills and training experience have often made him the "go-to" guy for educational purposes and public speaking events. He has written many publications for online resources utilized for education on business and personal life structuring. He works and resides in northern Colorado with his wife, Susie and children.

"Knowledge is a weapon used to combat complacency, ignorance and failure. I hope to arm as many people as I can," he says.

Visit my Blog at http://www.gabrielwalton.com.

 






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