For about characteristics of small business owners, nothing is more important to the success of a company than the owner knowing what he or she is doing and working solely to achieve a desirable success.
If you want to start with any amount from 20k, 50k, 100k, 200k or 1.2m, you must know what you are doing and working solely to achieve a desirable success, not ask people on the Google Search or Quora, "what type of business can I start with 10k, 20k, 100k?" "Can I start Coca Cola wholesale business with 1.2m?".
That is what Aliko Dangote advised us, public readers in the local paper especially youths and young adults who want to be like him:
" The formula that makes men billionaires is to be daring, be hardworking, have a vision because you can't get into your car right now and not know where you are going. You must be determined. You must know what you want to do. Never look down on people because today, someone may be down; tomorrow he has bounced back".
I believe that you will agree with me if I tell you, "There are CEOs and there are CEOs".
While some would stop at nothing to bring their companies to success, we also have some that out of carelessness will dig the graves of their companies with their own hands.
To assist every business owner in achieving desirable results, there are 9 key points I would like to bring you into this article.
Based on my experience I learn a lot from a successful service consultant, let me summarize the traits anyone who wants to succeed as a business owner must process into these 9 key points.
1. Avoid Comparison In Products And Services
Rather comparing a product or service with your competitors' product or service in the same product or service, you should focus on improving quality products and services because successful CEOs don't compare quality products and services.
They offer quality products and services at reasonable prices.
They work hard on their integrity and are sincere to their customers.
2. Do What You Love
Successful small business owners involve themselves in businesses they love and are passionate about.
Doing what you love and being passionate about help you to be persistent until you start making money. That is how they do it.
For them, their work is also pleasure to them. It is better buttressed in the words of Malcolm S.Forbes, "The biggest mistakes people make in life is not making a living at doing what they most enjoy".
Alike Dangote said as he was asked a question: "How do you enjoy your life?": I enjoy my life a lot. But I derive a lot of joy working. Part of what keeps me alive is working hard. Once I work hard, I remain very very happy".
3. Improve Your Knowledge
The reason why many entrepreneurs become most successful because they have the traits of always learning to improve their knowledge in their industry and update with trends in technology.
So this will give you an edge over your competitors and ability to provide superior products and services if you follow their example.
4. Avoid Negative Thinking People
Surrounding yourself with successful and positive people can help you to grow your business. Avoid negative and pessimistic thinking people.
That is the reason why many goal-getter business owners avoid surrounding with people who think negatively.
And they only surround themselves with successful and positive minded people for they know it can help them grow their business.
5. Motivate Your Employees
Entrepreneurs radiate success. And they are always motivators that motivate their employees. They are real leaders, and not bosses.
They create a success mindset and are attracted to events where they will meet people that will help them to attain their business goals.
They are always looking for opportunity to help other people to reach their goals. That is how you can do if you follow their example.
6. Accept Your Mistakes
Goal-getter business owners don't leave a project half way through. They work at it wholeheartedly until they achieve the desired result.
Accept your responsibility for your mistakes, adjust accordingly and move forward in your business.
7. Believe In Yourself
Believe in yourself, in your product or service and in your country because believing in yourself is the first step to success.
They believe in themselves and place themselves in a success state of mind. No matter the state of their business, they are always optimistic and never pessimistic.
They persist until they succeed. No wonder, Bill Gates, the founder of Microsoft, said as I remember his success story I read in the old local paper: "Success is a lousy teacher. It seduces smart people into thinking they can't lose".
Can I call you an optimist if you ask people "what business can I start with 20k, with 200k?" ; "Is this business profitable?"; "How much does it cost to start business?"
It means you do not believe in yourself. You are afraid, worried, pessimistic and perfectionist.
That is what stops you from achieving as a small business owner. What a waste!
8. Only Read Good Books
Richard Branson, the business owner of Virgin Airlines, who came across a book titled "Small Beautiful" when he was a newspaper vendor the same day he dropped out of school at 19, and that reading stimulated him into one of the wealthiest people Branson alive today.
What makes you successful as a CEO is to begin with books on business success, marketing strategies, etc you must always read other successful businesses owners to get ideas and inspiration to achieve more success.
As they said, "Birds of the same feather flock together". They associate with people they respect and are doing well in their industries.
Successful CEOs never stop reading books of other successful businesses owners to improve their marketing strategies, products and services.
9. Concentrate Your Activity On The Things
In order to become a renowned CEO like renowned CEOs they do research, you must concentrate your activity on the things that you want.
That way you can attract like magnets whatever you want for your business.
They increase the probability that they will be in the right place at the right time and accomplish what is desirous for their business.
Final Thoughts
Allow me to make a final conclusion that W.Somerest Maughan said,"It is a funny thing about life: If you refuse to accept anything but the very best, you will often get it.
This is your characteristics and your traits that you must possess. This is your characteristics that you should stick to. This is an example you must learn.
This is example you must follow if you want to be like most successful small business owners such as Richard Branson of Virgin Airlines, Jeff Bezos of Amazon, etc.
No comments:
Post a Comment