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Guts:
Guts means you must have an entrepreneurial instinct, which is an
overwhelming desire to have your own business. You must have the guts and
dedication to be completely devoted to your goal. Incidentally, devotion to
your goal is much more likely if you have a love for your intended business.
Life is too short to start a business that doesn't give you satisfaction and
joy. And, through good times and bad times, you will stick with something you
love.
Capital: You will need seed money of your own plus sufficient cash to maintain a positive cash flow for at least the first year. In a future session you will learn how to forecast future cash requirements through cash flow control. Many businesses can be started on a very small scale with a small investment. Then, as the business grows and you gain experience, cash flow from your business can be used for growth. In some cases you don't need starting capital to hire other people because you might start by doing everything yourself. The "do it yourself" start is a good way to learn everything about your business and also makes you better qualified to delegate work to others later on. You can control your risk by placing a limit on how much you invest in your business. |
FORESIGHT
Tuesday, 23 September 2014
Characteristics of a Successful Entrepreneur
Monday, 13 February 2012
6 KEYS TO SUCCESS
I want to share with you something that I came up with that I call
"The six keys to success.
Right off the bat:
Don't confuse how much money one has as to his or her success!
These keys will not unlock any opportunities of success without first having a strong and unfailing faith in God or that being which is greater than you.
Please don't go through life as your "own little god."
I encourage you to memorize these six keys
by using the word ADVICE to do so.
"The six keys to success.
Right off the bat:
Don't confuse how much money one has as to his or her success!
These keys will not unlock any opportunities of success without first having a strong and unfailing faith in God or that being which is greater than you.
Please don't go through life as your "own little god."
I encourage you to memorize these six keys
by using the word ADVICE to do so.
1. Attitude
Bloom where you are planted. You have a choice to get back up after temporary set backs. Attitude is a small thing that makes a big difference!
Bloom where you are planted. You have a choice to get back up after temporary set backs. Attitude is a small thing that makes a big difference!
2. Direction
If you don't know where you are going, any road will get you there. Write your short term goals down on paper. I have discovered and continue to discover that putting your dreams and goals down on paper lock in or focus your belief that they can be achieved--even if you have to take a course correction in achieving your goals. Success comes in cans, failure comes in can'ts.
If you don't know where you are going, any road will get you there. Write your short term goals down on paper. I have discovered and continue to discover that putting your dreams and goals down on paper lock in or focus your belief that they can be achieved--even if you have to take a course correction in achieving your goals. Success comes in cans, failure comes in can'ts.
3. Values
Explore what is important to you. Maybe it is family, friends, your spirituality or working hard at any given task. I can assure you that your priorities will change as you grow older. Very important that you value yourself and treat yourself like the valuable gift from God that you are.
Explore what is important to you. Maybe it is family, friends, your spirituality or working hard at any given task. I can assure you that your priorities will change as you grow older. Very important that you value yourself and treat yourself like the valuable gift from God that you are.
4. Interests
Birds of a feather flock together. This is to say that if you are hanging around winners or others with a "can do" mind-set, you'll likely adapt to this same kind of thinking. Remember--"SUCCESS LEAVES CLUES!
Birds of a feather flock together. This is to say that if you are hanging around winners or others with a "can do" mind-set, you'll likely adapt to this same kind of thinking. Remember--"SUCCESS LEAVES CLUES!
5. Commitment
Feelings may change, commitments do not." Success is getting up one more time than you fall. I have often wanted to give up, and then I must think to myself about what the consequences of giving up will be. Generally, this is more than enough of a motivation to make us stick to the task at hand even if we don't feel like it. When the task is achieved, Whow!--IT FEELS GREAT!
6. Encouragement
Be an encourager and comforter to friends that are feeling discouraged. I promise that you will not regret this as you will be encouraged by one, if not many, when you are feeling down. Encouragement and love are contagious qualities that can change the minds of the most stubborn and "hard-to-get-along-with" people you know. I have seen it happen over and over again.
Be an encourager and comforter to friends that are feeling discouraged. I promise that you will not regret this as you will be encouraged by one, if not many, when you are feeling down. Encouragement and love are contagious qualities that can change the minds of the most stubborn and "hard-to-get-along-with" people you know. I have seen it happen over and over again.
Hang tough, press on, & NEVER, EVER, EVER, quit!
Wednesday, 28 December 2011
AT TIMES LIKE THIS... THANK GOD!!!
Dear GOD:
I want to thank You for what you have already done. I am not going to wait until I see results or receive rewards; I am thanking you right now. I am not going to wait until I feel better or things look better; I am thanking you right now.
I am not going to wait until people say they are sorry or until they stop talking about me; I am thanking you right now. I am not going to wait until the pain in my body disappears ; I am thanking you right now.
I am not going to wait until my financial situation improves; I am going to thank you right now. I am not going to wait until the children are asleep and the house is quiet; I am going to thank you right now.
I am not going to wait until I get promoted at work or until I get the job; I am going to thank you right now. I am not going to wait until I understand every experience in my life that has caused me pain or grief; I am thanking you right now.
I am not going to wait until the journey gets easier or the challenges are removed; I am thanking you right now. I am thanking you because I am alive. I am thanking you because I made it through the day's difficulties.. I am thanking you because I have walked around the obstacles.
I am thanking you because I have the ability and the opportunity to do more and do better.
I'm thanking you because FATHER, YOU haven't given up on me.
God is just so good, and he's good all the time, THEREFORE, at TIMES like this the best we can DO is to THANK HIM.
I want to thank You for what you have already done. I am not going to wait until I see results or receive rewards; I am thanking you right now. I am not going to wait until I feel better or things look better; I am thanking you right now.
I am not going to wait until people say they are sorry or until they stop talking about me; I am thanking you right now. I am not going to wait until the pain in my body disappears ; I am thanking you right now.
I am not going to wait until my financial situation improves; I am going to thank you right now. I am not going to wait until the children are asleep and the house is quiet; I am going to thank you right now.
I am not going to wait until I get promoted at work or until I get the job; I am going to thank you right now. I am not going to wait until I understand every experience in my life that has caused me pain or grief; I am thanking you right now.
I am not going to wait until the journey gets easier or the challenges are removed; I am thanking you right now. I am thanking you because I am alive. I am thanking you because I made it through the day's difficulties.. I am thanking you because I have walked around the obstacles.
I am thanking you because I have the ability and the opportunity to do more and do better.
I'm thanking you because FATHER, YOU haven't given up on me.
God is just so good, and he's good all the time, THEREFORE, at TIMES like this the best we can DO is to THANK HIM.
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