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How to Succeed in Business, Without Setting Your Hair On Fire
| Guest post by: Stephen Blakesley |
Article Overview: Most start-up businesses fail. Learn what you can do to beat the odds. Learn from the successes. Solve the problems before they become problems. Decide on products, pricing and passion before you begin.
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Free Download - Words of Wisdom for Leaders and Wanna Bes By Stephen Blakesley |
How to Succeed in Business, Without Setting Your Hair On Fire
Most fail but some succeed! That is the story of business start-ups. Four out of five business start-ups fail in the first 5 years. But last night's panel on Entrepreneurs R Us identified some of the most common mistakes to avoid. Bill Fisher of Benefit Specialists, Walter Picket, Picket Plumbing and John Boyens of the Boyens Group shared their experiences with listeners on last night's show. Some of the thoughts were so powerful, I wanted to share them with you.
Regarding the most significant challenges they faced in getting their successful businesses up and running, long enough to be considered successful (28,27 and 18 yrears), they shared the most important challenges they faced in the early going.Here are are a few challenges they faced and overcame:
- Deciding what their product really was
- Determining the price at which they could offer the product and people would buy it
- Dealing with cashflow; not enough of it and too sporadic in coming
- Paying attention and being alert to what is happening in the marketplace
- Having and developing the skill to be the best at what you do
- Having a Passion for the work
- Being a person of Integrity-doing what you say you are going to do
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About the Author: Stephen Blakesley RSS for Stephen's articles - Visit Stephen's website Stephen is a Marketeer, Entrepreneur, Author, Speaker, Radio Show Host and the Head Headhunter at GMS Talent . GMS is a One-of-a-Kind Talent Acquisition and Performance Management consultancy. We specialize in finding people for the "hard-to-fill positions, anywhere in the world. Please visit our website: www.gmstalent.com and visit the blog about our recent book"The Target-The Secret to Superior Performance: http://www.targetthebook.com Click here to visit Stephen's website   Strategic Hiring |
Related Forum Posts
Re: Forum Upgrade
- and Fire Fox for mac too
My entry
- 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read
- this is a fascinating book about the history of Business theory, and I'd recommend it to anybody.
2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto.
3. PADI: The Business of Diving Book
Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: How do you monitor what people say about you in the web?
- Setting up Google alerts for your keywords can give updates about your site. Also the publicity you create in the social media sites will do help too
Re: What is Your Favorite Thing About Owning A Business?
- 1. Not feeling like I have to get approval for anything.
2. Not feeling like I have to please anyone.
3. Not having to ask permission before I do something.
4. Setting my own hours.
5. Sounding really cool when I tell people I have my own business.
Re: Books for Business Owners
- Hi DougSchadle,
Thanks for sharing your favorite business book with us!
A good book I'm reading now is "Maximum Achievement: Strategies and Skills That Will Unlock Your Hidden Powers to Succeed" by Brian Tracy as it was a birthday gift from a friend. Tracy's book is helpful in identifying what's important in your life and then setting an action plan to achieve it.
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