Business Development

Start-up  /  SMEs

 

Seven Simple Steps to Small Business Success

 

By:

Brian Tracy

 

 

 

 

Introduction

Many entrepreneurs Download PowerPoint presentation, pdf e-book achieve their greatest successes in unexpected areas. They begin a business and then they find that it isn't as profitable  as they had anticipated, so they change direction, using their experience and their momentum, and strike paydirt in something else.

The most important thing is to begin. To take an action. To move forward one step at a time, learning and growing as you go.

Learning SWOT Questions

There is enough information available in virtually every field for you to become knowledgeable enough to achieve success. But action is necessary.

 

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The Two Parts of Success

Success author Orison Swett Marden once wrote, the first part of success is get-to-it-ivness. The second part is stick-to-it-iveness. Every business beginning requires an act of faith and courage, a bold leap into the unknown. Only one in 10 people who want to start their own businesses ever develop enough courage to begin and enough persistence to continue. Get-to-it-iveness. And stick-to-it-iveness. The fear of failure, more than anything else, holds people back. It paralyzes action. And it makes failure inevitable.

 

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Begin with a Dream

Fortunately, even if you know nothing about business, you can begin with a dream, a castle in the air, and then build a foundation under it... More

 

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7 Simple Steps to Success of Your Startup Company

The starting point of many great fortunes has been these seven simple steps.

Set a goal and back it with a burning desire.

Begin accumulating capital with a regular savings program. Nothing else is possible without this. You cannot move forward until you start a savings program.

Use your current job as a springboard to later success. Learn while you earn. Take the long view.

Experiment in business on a limited scale so you can learn the key abilities necessary for success.

Search for problems, needs unmet, products or services you can supply of good quality at reasonable prices.

Read everything you can find on your chosen field. Remain flexibile. Be willing to change your mind if you get different information.

Implement your plans with courage and persistence. Have complete faith in your ability to succeed and never, never give up.

 

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Action Exercises

Now, here are two actions you can take immediately to start moving toward entrepreneurial success:

Set a goal, make a plan and then launch your plan. Get started. Do something. Begin on a small scale with limited risk and investment but get going!

Resolve that, no matter what happens, you will never, never give up until you are successful. Before you accomplish anything worthwhile, you will have to pass the persistence test. And the test will come far sooner than you imagine.

 

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