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The Most Important Lesson I have learned

Many people entering into business have a particular vision and a sense of determination to do everything on their own. They think they always know best. They understand the importance of networking, but they don’t know how to develop relationships that are about personal growth. Showing vulnerability or admitting failure is hard for everyone, but especially for someone caught up in the competition of the business world.

One of the biggest lessons I have learned is how essential it is to reach out

My success came from putting in hard work, but there’s no question that I wouldn’t be where I am today if I had tried to go at it alone. One of the biggest lessons I have learned is how essential it is to reach out. Find a person in your life that you think is amazing and let them be a mentor. They could be someone you don’t even know. You’ve got to be willing to put yourself out there, introduce yourself, and ask them for advice.

SOMETIMES OUR FAILURES LEAD US IN ENTIRELY NEW DIRECTIONS, TO THINGS WE DIDN’T EVEN KNOW WE WERE MEANT TO BE DOING.

I’ve reached out several times in my life

Those experiences have been extremely powerful for me. I was fortunate to have a father who was also an incredible mentor, and he helped me to become the man I am today by challenging me and teaching me everything he knew. He showed me that receiving guidance is a blessing. I reached out to people in my life that I thought were incredible, people I wanted to emulate, and by seeking out my mentors I shaped my path to success. grateful

It can be intimidating to ask someone you admire and look up to for advice and help. You need to have humility and an ability to admit your faults. Opening yourself up and letting in amazing people is the greatest experience you’ll have in life. Don’t be afraid to reach as high as you can, you can never be successful without pushing yourself in the right direction. You’ve got to be the one to put a shark on your team, in your tank!

Want to learn more about Sometimes Our Failures Lead Us In Entirely New DirectionsHow I Start My DayThe #1 Most Important Aspect Of Business, or You can find me on InstagramFacebook & Twitter.

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Sometimes our failures lead us in entirely new directions

If we didn’t fail we’d never achieve our dreams

When people see me today it’s easy to see only my success. We live in a world where everyone shares and announces their successes and covers up their failures.

It creates a false idea that everyone around you is doing incredibly well and you’re clearly lacking. All those people out there that seem to be constantly winning at life? They’ve definitely failed before they reached those goals.

Sometimes our failures lead us in entirely new directions, to things we didn’t even know we were meant to be doing.

A great example is Dwayne “The Rock” Johnson.

A lot of people don’t know that the famous wrestler/actor’s original dream was to be an NFL player. He started out in the Canadian Football League, playing for the Calgary Stampeders. At 22 he’d just arrived, and was about to play his first game in Vancouver against the B.C. Lions. Two days after he got to Vancouver he was cut from the team. He returned home with $7 in his pocket.

At first Johnson felt like his world had been turned upside down. His hopes of eventually making it in the NFL were crushed. In reality, making it in the NFL was the best thing to never happen to him. It was this failure that led him into professional wrestling and, later, Hollywood superstardom.

Did you know that Warren Buffett has failed numerous times in his long, storied career? In fact, in some ways his decision to buy Berkshire Hathaway, at the time a group of textile factories, was a huge failure. He bet that the textile industry was going to come back strong. He was completely wrong. He accepted his losses, and instead of retreating he transformed the business into an incredibly successful holding company, earning billions in the process. warren

The next time you fail, which is inevitable for all of us, take a deep breath and think about what you’ve learned from it. Channel that into greater things.

As Winston Churchill once said, “Success is not final, failure is not fatal: it is the courage to continue that counts.”

Want to learn more about How I Start My DayThe #1 Most Important Aspect Of BusinessMistakes Millionaire’s Don’t Make, or just want to see how can I help you become a successful entrepreneur? You can find me on InstagramFacebook & Twitter.

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How I Start My Day

One of the biggest mistakes people make

Is not developing an excellent morning routine that gets their day off to a good start. Starting off on the wrong foot means you’re going to be fighting an uphill battle to have a great day. I think it’s really important to figure out what suits you the best – if you aren’t a morning person, what can you do to ease into your day?

For me, I like to get out of bed and get a charge. I need to start out with some energy, get my blood flowing. Usually, I’ll do a little bit of exercise, whether I’m at home or on the road. I also like to get myself organized for the day – I like to have a good cup of coffee and return any emails I need to catch up on.

I’m incredibly fortunate in that I do what I love. 99% of the time I’m ready for the day because I know I’ve got some great businesses that I’m involved with. I’m always looking forward to the new opportunities I’m going to learn about each day.

The #1 Most Important Aspect Of Business

One of my favorite quotes is by Thomas Jefferson, “Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.” You can’t do well if you don’t get yourself in the right mental space to succeed. 220px-Official_Presidential_portrait_of_Thomas_Jefferson_(by_Rembrandt_Peale,_1800)

We can all recall the days that start out drained of energy and full of stress

How productive were you on those days? The next time you wake up and the prospect of work gives you a sense of dread you’ve got to fight back. Go for a run. Make yourself some coffee. Center yourself and do a mental review of your goals and ambitions. Every morning should start with a survey of the projects you’re working on.

Not everyone is fortunate enough to wake up every morning excited about the business they’re involved in. If that’s the case, start working towards making a change. Wake up and decide today I’m going to do excellent work. If you’re doing good work you’ll eventually earn the opportunity to do what truly excites and interests you. That’s why getting every day off to a good start is so essential. You choose how your day is going to go, so make it a good one!

Want to learn more about The #1 Most Important Aspect Of BusinessMistakes Millionaire’s Don’t Make,  Understanding Why Businesses Fail?  or just want to see how can I help you become a successful entrepreneur? You can find me on InstagramFacebook & Twitter.

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The #1 Most Important Aspect Of Business

Building Excellent Relationships

You can’t be a successful business owner without building excellent relationships within every aspect of your field. The reason is pretty obvious: great relationships mean you get maximum performance.

Mistakes Millionaires Don’t Make 

So how do you build these relationships?

Get personal with people. Have great interactions with every link in the chain, from your distributors, suppliers, and manufacturers to your customer service.

Building great relationships goes beyond just being nice. It’s an effort that you have to make every single day. For example, it’s always best if you have one person whose delegated task it is to work with your supplier, your manufacturer, etc. They should be familiar with the people they’re working with. That way, if something goes wrong they have a face and a name to go with the problem. Say there’s an error when processing an order – if you’ve got a good relationship you’re more likely to get the problem solved quickly. If you’re just a faceless company there’s less motivation for quality service.

One essential thing:

You need to do is try to get out and meet with the people who work for you as much as possible. This goes beyond the people in your office. As the owner of a business, you need to be familiar with every step of the process. Treating everyone with respect means you’ll get respect in return.

With customer service there are endless ways you can work to develop relationships. As a business owner you’ll probably be working with clients and you should always make it as personable as possible. Really get to know the people you’re selling to. Another great way to develop relationships with customers is by creating a strong social media presence. This maintains an interaction with your entire customer base, beyond big-name clients. You can respond directly to comments, share your products and behind-the-scenes experiences, and really make people feel like they are a part of your business.

9 valuable principles that will make you treat people better

In the endQuotes

It all comes down to the golden rule: treat others as you want to be treated. It might sound obvious, but it requires effort and awareness. You’ll find very quickly that when you work well with others everything runs much more smoothly.

Want to learn more about Mistakes Millionaire’s Don’t Make,  Understanding Why Businesses Fail?  Find Motivation for Entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on InstagramFacebook & Twitter.

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Mistakes Millionaires Don’t Make

EVERYONE WANTS TO UNDERSTAND AND EMULATE THE MILLIONAIRE MINDSET!

What many people don’t realize is that most millionaires aren’t just focused on the dollar signs attached to each project, they’re thinking about the bigger picture. It’s easy to look at things like investment opportunities and immediately assume that because they’ve got a lot of money potential they are a great option for you.

A successful millionaire knows that it goes beyond the surface. In order to make consistently successful decisions about money and investments you’ve got to be looking at the overall value of the project. A successful millionaire knows that it goes beyond the surface. In order to make consistently successful decisions about money and investments you’ve got to be looking at the overall value of the project.

Forbes: The World’s Billionaires

I place a great deal of value on my time. When I look at a project and I’m planning my schedule I look at the scale of it – I need to know just how many hours I’ll spend on it in the upcoming days, weeks, or even months that I might be involved. I want to look at what my upside potential is based on how long something is going to take.

ORGANIZATION IS ESSENTIAL 

You won’t find any success unless you’re keeping on top of your schedule and using your time efficiently and effectively. Even if I’m investing or I’m getting free equity I put serious thought into how much time will be required. Free equity might not really be free if people demand huge amounts of my time along with it. If I’m being asked to provide a lot of time for free, is it worth it? The cost might not be in actual cash, but when I know my worth I know exactly what I’m gaining and losing.

What Are You Missing? The most Important Qualities That Make Exceptional CEO’s… steve

The bottom line is this: how much of your time does something take and what is the upside when you start looking at your overall day? The millionaire mindset means you know when to get rid of things that don’t provide enough benefits for the amount of time they require. It means never undervaluing yourself and your abilities. Successful millionaires know their worth, and they don’t compromise on it. That’s a millionaire mindset.

Want to learn Why Amazon bought Whole FoodsFind Motivation for Entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on InstagramFacebook & Twitter.

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Why Amazon Bought Whole Foods

Amazon dominated the headlines in June when they purchased Whole Foods Market for $13.7 billion. It seemed out of character for the company, which has always existed as an online marketplace. The idea of a brick and mortar store, although previously established, being connected to Amazon seemed strange. Many people were really surprised by the acquisition, but if you look at the reasoning behind it you can see why Amazon saw this as a worthwhile investment.

Amazon is always looking for distribution points!

First, I think Amazon is always looking for distribution points to be able to provide customer fulfillment and operational support. They’re dealing with things on such a large scale all the time. Having Whole Foods provides them with a new source of support for their customers. In addition to food, Whole Foods are now carrying the Echo product line in certain stores and tieing the rewards program into Amazon Prime. Some stores also have Amazon Locker set up, bringing customers into pick-up their online purchases and potentially leading them to purchase groceries in the process.

Bloomberg: Amazon cuts Whole Foods prices as much as 43% on first day. 

amazon

Whole Foods as a business has tons of untapped potential. For example, while many in the grocery industry have started providing delivery Whole Foods has been behind. The company had been struggling prior to Amazon, and customers were just not turning out like they used to. Amazon saw the problem and considered the future possibilities. Developing a delivery service with Whole Foods fit perfectly with Amazon’s entire philosophy and brand. Whole Foods products are now available on Amazon’s website, and customers can include those groceries with their AmazonFresh delivery orders. The additional access to support and potential for delivery is enough to make the billions they spent a worthwhile investment. In fact, Amazon’s shares are up over 31% this year, in large part due to the Whole Foods purchase. They plan to continue integrating themselves further, developing new POS systems that could potentially offer more Amazon products in-store.

Amazon took a struggling retailer and transformed it. What might have seemed out of character at first is actually part of Amazon’s bigger picture to involve itself in every aspect of people’s lives. Taking some risks and enacting change is why Amazon is so successful, and their wide vision is something everyone should try to emulate.

Want to learn more about Understanding Why Businesses Fail?  Find Motivation for Entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on InstagramFacebook & Twitter.

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Understanding Why Businesses Fail

Businesses fail all the time, it’s part of the risk of entrepreneurship. Nobody thinks to ask what went wrong until after the fact, and that’s the biggest problem. Before you start your business you need to anticipate your weaknesses and plan for them. Learn from other’s failures. As Warren Buffett said, “In the business world, the rearview mirror is always clearer than the windshield.”

So what’s the #1 reason businesses fail?

I’ve seen countless entrepreneurs fail because they haven’t surrounded themselves with enough experience and experts. Never think that you can do it all – it takes a team. People come in with brilliant ideas, a fantastic marketing strategy, but they’re no good at finance. Instead of building a team of people who are good at all aspects of running a business they try to take on tasks they aren’t suited for. Failures are caused by not having the right people around you that have been through the ups and downs, because it’s the downs you need to know how to handle.

I’ve seen countless entrepreneurs fail because they haven’t surrounded themselves with enough experience and experts. Never think that you can do it all – it takes a team. People come in with brilliant ideas, a fantastic marketing strategy, but they’re no good at finance. Instead of building a team of people who are good at all aspects of running a business they try to take on tasks they aren’t suited for. Failures are caused by not having the right people around you that have been through the ups and downs, because it’s the downs you need to know how to handle.

You might be aware of your weaknesses, but are unsure what to look for when building a team. Sit down and take a good hard look at what you need the most help with. Be self-critical. Ask people you’ve worked with in the past what you were best at and what you lacked. Write it all down. Once you know what areas you need to personally improve, you know what kind of people you need to hire.

kevin rock

The second most common reason I see businesses fail is because they don’t have enough financing. It’s one of the reasons they end up on Shark Tank! All of this goes back to having the right people on your team. If you bring plenty of financial experience to the table you’ll get the money raised. Check out my post about getting your business funded for ideas on raising capital.

In the end, everyone fails at some point. Success is almost never achieved without trial and error. Don’t let failure stop you from continuing to fight for your dreams, let it make you stronger.

Want to learn more about how to build a successful businessFind Motivation for Entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on Facebook & Twitter.

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Getting Your Business Funded

 

There are countless people out there with fantastic business ideas who have no idea how to get the funding they need. The process of getting funding can be intimidating. Leave no stone unturned – you never know where money might come from unless you try! As Steve Jobs said, “I’m convinced that what separates the successful entrepreneurs from the non-successful ones is pure perseverance.”

steve

However long you think it might take to find investors, it could take longer. The key is to attack from all angles and keep trying. There are many, many routes you can take to find funding, and we’ve got a few suggestions to help get you started:

Crowdfunding

One of the most popular new ways to get investors is through crowdfunding. With the help of the regulation A+ Mini IPO you can now raise money on the internet selling stock directly to the consumer. You can legally raise up to $50 million, and it’s fairly simple. The A+ Mini IPO helps to streamline entrepreneurs’ ability to get in touch with investors across the web.

Angel Investors

I have something called the Angel Investors Network. Angel investors can come from your family and friends, or you can get connected to them through various networking opportunities. Our Angel Investors Network allows entrepreneurs to directly apply and connect with our investors.

kevin digital

Reach Out to Friends and Family

Never, ever underestimate your own personal connections. The people who know you are going to be the first ones to support you, and you’d be surprised how generous they can be. Don’t be afraid to pitch them your ideas.

Go Straight to the Investment Bankers

Get in contact with investment bankers in New York. If you can get someone on board with your ideas they’ll sell directly to their clients. Sound a little daunting? Work on your pitch and keep revising. While some guys at the banks are known to be a bit risk-averse and less interested in startups,

Want to learn more about how to build a successful businessFind Motivation for Entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on Facebook & Twitter.

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What Are You Missing? The Most Important Qualities that Make Exceptional CEO’s

Do you want to be a great CEO? Then you need to grow up and keep learning! Don’t think you have it all together now. Everyone can get better at what they do.

So, what makes a great CEO? I can tell you that it takes at least three qualities.

A Great CEO is a leader

A great CEO is someone who people can look up to and respect. People may fear you, but they may not respect you. People may love you, but they may try to walk all over you.

It is only when people respect you and want to emulate you that you know you are a great CEO.

Steve Jobs is a fitting example of a CEO who was a leader. Jobs was a powerful force at Apple. He had charisma and vision and it made people want to follow him, despite any flaws or weaknesses they may have seen.

steve

History of Success

Because you are a leader, it is important that people see that you have a history of success. It doesn’t necessarily have to be in a business, especially if you have only recently started out, but you should have success in something.

Maybe you went through hardships growing up, or you lost a lot of weight for your health, or you were addicted to something. You grew strong, learned self-control and discipline, and decided what kind of life you wanted to live, then you made it happen.

The self-made billionaire, Li Ka- Shing knows exactly what it costs to become a success. At fifteen he had to quit school when his father died so that he could take care of his family. He worked 16 hours a day in a plastics factory until he eventually created his own company. Now he is the richest person in greater China. That is success!

RELATED: Starting a Business from Scratch

Delegates

Because you are not alone in your company, a great CEO knows how to put powerful people under him or her in very powerful positions. CEO’s know how to trust them with enough authority in their department that they can complete their tasks while maintaining checks and balances so they aren’t running too much on their own.

Bez naslova

It is important to give your people enough rein to run their business or division while making sure that they make timely reports back to you so that you know things are running smoothly.

Being a great CEO isn’t something that just happens. It is something you need to strive for, a goal to meet, a reason to wake up in the morning and be better than you were yesterday. I definitely understand this, because I have to do it every day as well.

Push yourself. Grow. Have a teachable spirit. And if you want to learn even more about how you can become a great CEO, keep watching me. I have a lot more advice and I want to see you succeed in your business!

Want to learn more about how to build a successful business, find motivation for entrepreneurship or just want to see how can I help you become a successful entrepreneur? You can find me on Facebook & Twitter.
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Starting a business from scratch? Follow this advice from Kevin Harrington

Many people seek my advice on how can they quickly and easily get away with starting a business from scratch? Although there is no easy answer to this complex question, I tell them that it is all about the people you surround yourself with.

The herd mentality is not only specific to animals, but it holds equally true for human beings. If this happens to be business experts, consultants or entrepreneurs, then you are on the right track.

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