91.
Plan Your Costs
Unbelievably,
there are thousands of entrepreneurs that start a business without
the foggiest idea of what their costs are going to be. Either
there is an estimation that is way overstated or understated.
From the very beginning, you need to have a strong handle on
knowing what you will need to get your business started and
keep it running. Additionally, you need to have projections
for your future success. Know your numbers and make sure they
are accurate.
92.
Timing Is Everything
You
have probably heard it before - timing is everything. Especially
when it comes to opening a business, there is a right and a
wrong time to start a business. This would be extremely important
if your business has cycles or is seasonal. For example, if
you are starting a business to do landscaping, the winter months
when snow is on the ground is not the right time. You can be
working toward your Business Plan, marketing ideas, finding
investors, if required, etc., during those cold months, but
you certainly would not want to open your doors for the first
time in the heart of winter.
93.
Keep It Lean
Start-up
businesses do not have room for "dead" weight. As an example,
when first starting out, if you need some assistance, rather
then hiring a permanent employee that will involve salary, insurance,
other benefits, etc., consider a temporary employee until the
business grows. Keep improving the bottom line before you start
adding on more expenses to your business.
94.
Get The Word Out
If
your success is focused on a business, when you get ready to
open your doors, make sure you get the message out. This will
include marketing promotions, advertising, sending out a press
release, etc. The more people know about your business, the
better chance you have of reaching success.
95.
Guard Your Emotions
Keeping
emotions in check is not always an easy task. You will
have times of disappointment that will require you to react
with integrity. You may feel like crying and feel as though
your world has just ended. Keep telling yourself that it has
not ended and you will just have to make some adjustments in
your plan. Never allow anger to be a response. You never know
the trickle down effect of that anger and how it could permanently
damage your reputation.
96.
Be Nice
Study
after study has shown that people with pleasing personalities
have an easier time reaching success. Now only are they more
levelheaded in handling the business but they also draw people
around them that are eager and willing to help. In fact, in
addition to being pleasing, be polite, show true interest, and
have a great sense of humor.
97.
Break Bad Habits
Habits,
regardless of size or nature, can be exceptionally difficult
to break. This will take a lot of effort but you can do it.
Unfortunately, poor habits can be the one aspect of your behavior
that could be the obstacle to your success. If you have a habit
of sniffling or chewing your nails when you get nervous or saying
demeaning or offensive things as a way of trying to control,
to be successful, whether on a personal or business level, you
have to stop.
98.
Improve Efficiency
You
will want to develop your potential to its fullest. The more
efficient you can become the better job you will do. Be efficient
with your time by not procrastinating and efficient with your
effort by staying focused.
99.
Have Balance In Your Life
Imagine
yourself on a canoe with another person. The day is beautiful,
sunny, and warm. The two of you are floating along without a
care in the world. Suddenly, ripples of water start rocking
the canoe and without proper balance, both of you, along with
all your belongings, are thrown into the cold water. It is the
same when you strive for success. You have to find balance not
only for yourself but also for others around you. Balance means
providing time away from work for pleasure, working extra hours
when required, knowing when a new direction is required, etc.
100.
Have Fun
When
people start into the process of being successful, whether for
personal growth or starting a business, they may start by incorporating
fun, but within a very short time, they realize it is hard
work and the fun simply falls by the wayside. If you look at
some of the most successful people in the world such as Sam
Walton, Oprah Winfrey, or Ross Perot, you will find common threads
that run between all of them. First, they started with nothing;
second, they are all multi-millionaires many times over, and
third, they have fun. They enjoy life, the people around them,
and even find enjoyment in the challenges. This one element
is often forgotten. This is a crucial element for success and
should be a part of your plan.
101.
Face Your Weaknesses
The
best way to get better at anything and to be successful is to
face the weaknesses we all possess. Everyone has weaknesses
and in order to be better, think clear, act appropriately, and
succeed, you have to identify the areas you need to improve
on and then take action to turn your weaknesses into strengths.
There
is no better gratification than being successful. Accept that
you are in for some hard work but the results will be incredible.
Use these tips as guidelines and step outside the box. Take
action and succeed!