If you are getting on your 1st vehicle to success in your 20’s, shifting gears in your 40’s or changing vehicles in your 50’s this recipe may be helpful to you. There has never been a better time to become what you were meant to be. The principles of success in the new economy are the same ones that worked in previous economies. Read, reflect, apply, and profit from today’s nuggets.
1. Own the right business.
Owning the right business asset is the key to personal freedom. The right business asset is the one that provides income without you being there tending the shop.
2. Define what you want out of your business and life.
This is the most important step that most people bypass or totally overlook. The mission and vision come from a deep desire to make a difference in the lives of others. Find your deep desires and from them will spring your purpose.
3. Invest in your personal leadership development.
This is the investment that all others investments depends on. Never shortchange your personal development.
4. Become highly educated about money and finances.
Get out of debt and stay out of debt. Debt in most cases is stupid. Be financially fit.
5. Leverage technology.
The internet is a powerful tool to do business. Leverage the power of being a fast fish in a big pond.
6. Leverage direct distribution.
Direct to consumer is the way to go. Wanting to become a dinosaur by following the same route will endanger you then make you extinct.
7. Be mobile.
Build it from home, from anywhere to everywhere. Use the bazooka before you use the riffle.
8. Leverage a proven system.
A proven system produces predictable performance. Learn a proven system first, and then make changes to make it better.
9. Find the right mentors.
Work with mentors that have been successful. Follow their advice and footsteps. Find successful people in your fiend of endeavor and learn from them. Apply what you learn, do what they did, and success will come to you as well.
10. Build and strengthen relationships.
The speed of your business is based on the speed of trust of your relationships. Be patient as it may take longer than you expect at first but Godspeed comes later.
Thank you for reading and reflecting on today’s nuggets. Share them with others.
Be blessed and be a blessing to others
Author of the book Priceless, Co-author of the book Follow to Lead
"The future belongs to those who can see and pursue opportunities before they are obvious."
"Those that take swift action will always leave those that don't breathing the dust."