Change Your Mindset
4 Key Factors to Determining Ultimate Success
having tangible metrics can help recognize success when it is attained
Success means a burgeoning business, a nice house, and at least one luxury car. Or does it?
For many entrepreneurs, defining success can be a tricky exercise. Business leaders, entrepreneurs, and anyone with a career all want to be successful but rarely engage with what exactly that means. Even more challenging is the idea of setting up applicable metrics to gauge their progress toward that success.
Looking back at my own career, there were a few goalposts I aimed for when defining my own sense of success. In the early years, success meant having more control over my life and never worrying about being replaced or passed over for promotion.
However, that definition of success has changed over the years. Now, success means having less stress, enjoying more time with family and friends, and being able to travel the world. The consensus among most experienced entrepreneurs is that money doesn’t define success, at least not on its own.
The majority of entrepreneurs point to other milestones as markers of success, but their metrics for success demonstrate some hugely varied responses — feel-good buzzwords like “making a positive impact” and “building a legacy.”
And yet, as entrepreneurs, we need tangible ways of measuring success, not just fairy-tale sentiments. That said, the entrepreneur alone defines success.
Entrepreneurs must also understand the difference between a business being successful and a person being successful. An entrepreneur might achieve a profitable business while feeling unsuccessful in their personal life, but by setting your own success metrics, you can decide when you’ve reached success.
“The secret of success in every field is redefining what success means to you. It can’t be your parent’s definition, the media’s definition, or your neighbor’s definition. Otherwise, success will never satisfy you.” – RuPaul
Why are setting success metrics necessary?
Metrics define achievements, and having tangible metrics can help recognize success when it is attained or a goal when it’s completed. These signposts help us recognize success and feel a sense of achievement.
Metrics also help us adapt our expectations for success, which often comes at various stages in life. Case in point, success for a budding entrepreneur will mean something different for someone with years of experience.
For those determined to set down their standards for success, four concepts can help entrepreneurs actualize their goals.
Drive: The drive of an entrepreneur is an overarching idea encompassing the traits that allow them to pursue their goals and dreams, even in the face of failure. Drive can also mean never settling for less or second-best. Although this can have setbacks, second place isn’t always a bad place to be. While it depends on the industry, sometimes being the highest revenue earner can mean lower profits, bloated staff counts, and burnout. Don’t allow “drive” to become your sole measurement of success.
Discipline: Of course, we all know what this means — getting up and doing the grind even when you don’t want to. It means not just doing the work when it’s fun and exciting; it’s keeping control of your emotions and vision even as challenges try to pull your focus away. Self-discipline helps entrepreneurs manage their time and resources efficiently. Discipline can also mean having the discipline to realize I can always do better.
Adaptability: Having drive and discipline is great. Even with those traits, however, you must have the ability to adapt when faced with new facts and realities. Taking a failure and turning it into success is crucial to entrepreneurial success. Many entrepreneurs have failed because they continued pushing an idea despite mounting evidence that a change was needed.
Grit: This combines drive with passion. Without grit, an entrepreneurial idea can’t succeed. However, grit must be combined with adaptability to reach its potential. Conversely, while grit may be a leading factor in the success of your business, it doesn’t necessarily lead to personal success and happiness. Take time to smell the roses: it’ll make your achievements all the sweeter.
Developing these attributes provides a solid framework for conceptualizing success and establishing achievable goals.
A different definition of success
Success is measured by having time to do what you enjoy. Consider the following example: An entrepreneur makes $100 million every year but works 60-hour weeks, 52 weeks a year. Clearly, they’ve achieved financial success; however, this entrepreneur wishes they had more time to travel with their family. Have they found success?
Instead, a better measure of success here would be to set concrete goals, such as: “My goal is to be so successful in business that I can take two months off per year to travel or only work 20 hours a week.”
However, this is only an example; there is no one-size-fits-all metric for measuring success among different entrepreneurs. But since entrepreneurs agree that money is not always the best measure, consider measuring the time available to enjoy your favorite things.
Setting up your own success metrics
With all these characteristics of a successful entrepreneur, the key here is learning to apply them. Here are three strategies that consider your drive, discipline, adaptability, and grit. These can help you move from an “I want to be successful” attitude to an “I want to achieve this specific kind of success in this timeframe” mindset.
- Define success for yourself – The first and most important step in this process is to replace the word “successful” with a list of what you want to achieve. For example, do you want to get out of debt or have more time with your children? When exactly do you want to have these measures met in your daily life? Get specific with a timeline in which you want to achieve these goals.
- Success doesn’t come all at once – Entrepreneurs need to understand that success comes in stages. Every several years, evaluate your current goals, update your definition of success, and then work toward it again.
- Practice gratitude – Being content with what you’ve already achieved while still being driven to accomplish more is the key to happiness for an entrepreneur. If you aren’t content with what you have now, you won’t be content with what you have and accomplish in the future. Simply put, practicing gratitude is a must.
While the insatiable desire to do more is tantamount to what makes an entrepreneur, too many believe that success and happiness are always around the corner, never taking time to appreciate what they’ve already achieved. Without this recognition, they can become depressed, lose touch with their close relationships, and even burn out.
Don’t save the feeling of success for retirement. Entrepreneurs should strive to find a measure of personal success before they exit from the world stage. Remember, you define success for yourself.
Change Your Mindset
The Global Freedom Initiative: Revolutionising freedom, legacy, and impact
In our hyper-connected era, the interpretation of concepts like freedom, truth, and self-expression bear profound implications. Amidst a symphony of diverse viewpoints, a revolutionary philosophy has crystallised, offering a distinctive compass to traverse the intricate labyrinth of human existence — The Global Freedom Initiative. This initiative isn’t merely a collage of thoughts; it’s a rallying cry for a paradigm shift, recognising the deep interconnection of life and promoting a world filled with limitless freedom, infinite love, and genuine self-expression.
In a world marred by conflict, ecological decay, and societal disparity, the mission of the Global Freedom Initiative rings louder than ever. By nurturing a global tribe dedicated to human evolution, the initiative envisions a world where Unconditional Love serves as the default emotional state.
The heart of the Global Freedom Initiative beats in transcending conventional notions of business, wealth, and personal development. It strives to foster a dynamic Freedom Impact Ecosystem, merging individuals and businesses in a unified quest for a world that celebrates authenticity, where love is unbounded, and freedom is an innate right. These philosophy anchors on the ‘Creator Being’ concept, recognising our capacity to shape reality and influence our surroundings.
As the esteemed physicist Albert Einstein once stated, “Imagination is everything. It is the preview of life’s coming attractions.” This potent quote encapsulates the essence of a ‘Creator Being’ – an individual whose thoughts, intentions, and actions have the power to shape their reality and impact their environment. This acknowledgment of our inherent creative potential is the bedrock of the Global Freedom Initiative.
The Quest for True Freedom
A 2020 Pew Research Center survey revealed that nearly 60% of adults worldwide expressed dissatisfaction with their country’s current state, hinting at a global thirst for transformation. The Global Freedom Initiative quenches this thirst by presenting an evolutionary journey starting with self-awareness cultivation and climaxing in ‘True Freedom’ – a state of existence that embraces the human experience unencumbered by repression, resistance, and rejection.
Negative emotions like shame, guilt, fear, and anger often inhibit personal and societal evolution. Brene Brown, a research professor at the University of Houston, wisely noted, “Shame corrodes the very part of us that believes we are capable of change.” The Global Freedom Initiative proposes a transformative response to these emotions, advocating for their acknowledgment, processing, and release to foster personal liberation and nurture a more empathetic and inclusive society.
Reimagining Business as a Catalyst for True Freedom
The Global Freedom Initiative underscores the reframing of business as a conduit for social impact and personal legacy. It proposes a radical shift in our perception of business, presenting it not merely as a profit-oriented entity but as a potent platform for societal evolution and personal self-expression. This perspective dovetails with the rising trend of impact investing. According to the Global Impact Investing Network, impact investing assets amounted to $715 billion in 2020, signalling an increasing recognition of the role businesses can play in steering societal transformation.
To support The Global Freedom Initiative, we must appreciate the significance of individual, owner, and investor contributions to the business sphere. Business is an outward reflection of our inner quest, our mission of Truth, mirroring our fullest expression of Self in driving change and impacting the world.
For a business to be sustainable and impactful, it must satisfy two primary pillars:
- A business should drive social impact and contribute to societal evolution, for the Greater Good Of All
- A business should have the necessary structure for one’s LEGACY and Truth to flow within, as this impact will voice your inner Truth mission to change the world
This defines a Freedom Impact Business.
Three tiers contribute to a Freedom Impact Ecosystem:
- $0 – $100k/mo (Freedom Impact Venture)
- $100k/mo – $1mil/mo (Freedom Impact Organisation)
- $1mil/mo – $10mil+/mo (Freedom Impact Enterprise)
Moreover, the Global Freedom Initiative rethinks the definition of business success. It posits that a truly prosperous business drives economic growth, contributes positively to society, and facilitates personal growth. This perspective aligns with a McKinsey & Company study, suggesting that long-term performance-focused companies demonstrate superior financial outcomes while contributing to societal well-being.
Charting the Future: What Does This Mean For You?
At the core of the Global Freedom Initiative is the conviction that personal growth and societal evolution are inherently linked. As we progress towards personal freedom, we indirectly contribute to societal transformation. This philosophy resonates with the wisdom of celebrated philosopher and writer, Aldous Huxley, who stated, “There is only one corner of the universe you can be certain of improving, and that’s your own self.”
The Coaching / Consulting Industry plays an instrumental role in the Global Freedom Initiative, bridging the gap between traditional education and a more holistic approach encompassing body, mind, and spirit. This aligns with the United Nations’ Sustainable Development Goal 4, advocating for “inclusive and equitable quality education and lifelong learning opportunities for all.”
Ultimately, the Global Freedom Initiative underscores the power of community and collective action. It believes that each one of us can contribute to a world where freedom, love, and authenticity are paramount. This community-oriented approach resonates with Margaret Mead’s wisdom, a renowned anthropologist, who famously stated, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.”
In conclusion, the Global Freedom Initiative offers a transformative philosophy responding to the profound call for societal transformation and personal growth. It champions the creation of a world where every individual is empowered to live in alignment with their truths and contribute to humanity’s collective evolution. As we steer through the complexities of the 21st century, such philosophies serve as beacons of hope, offering a roadmap for constructing a more inclusive, compassionate, and authentic world.
Ray Pang SH has generated over USD$1.215mil for his business using the Transformational Sales Methods he discussed above and in his other articles on A2S.
Want to work with him and become one of the 125+ business owners he has helped generate over USD$12.154mil in sales for? Go to his Instagram here and DM him the word “LEGACY” to learn how he can revolutionise your business now.
Ready to become a master salesperson? Learn how to master the art of active listening
Change Your Mindset
4 Tips On How To Write Down Your Goals To Actually Reach Them
Everyone has goals. Whether small (“I’d like to lose 5 pounds before the summer”) or big (“I’d like to make a million dollars next year”).
There’s a huge gap between having goals and accomplishing them. The act of writing down your goals plays an important part in closing this gap and reaching your goals. According to a study done on Harvard MBA students, within ten years’ time, the students who had written down their goals were making ten times as much as their classmates who hadn’t written down their goals.
What to write out in your goals
1. Clearly define your goals
This may be harder than you think. That’s because oftentimes, we get caught up in our daily routines and lose track of our true desires in life. Most people are guided by their circumstances. But there are a few people who shape their lives according to their goals. Who do you think is happier: the person who is defined by their circumstances or the person who creates their circumstances? Which category are you in now? Which category do you want to be in?
Chances are, you’re in the first group. But, the good news is that if you’re reading this article, you’re probably trying to make it to the second category. In order to do this, you have to take stock of your situation. That means taking some time to sit down and reflect. Find some quiet, alone time. Sit down and consider your current situation from all angles and write down your observations.
If you need some help doing this, consider answering the following questions:
- Where are you now?
- Where do you want to be?
- What do you have to do to get there?
“It is not enough to take steps which may some day lead to a goal; each step must be itself a goal and a step likewise.” – Johann Wolfgang von Goethe
2. Look at the big picture
Envision where you want to be next year, the year after or five years from now. Think about long-term goals. Don’t think about details or how you will accomplish them. Simply allow yourself to dream and to think about what it is you truly want. Whether it’s a personal or professional goal, just let your heart speak. Maybe you want to be married with children in five years’ time. Maybe you want to run a marathon. Or you want a job that you both love and that pays you well. Or you want to take time off to travel. Whatever it is, no matter how far from your current circumstances it may be, write it down.
3. Look at the small picture
Now, is when you start to fill in the gap between where you are now and your dreams. What is the first step? If you want to be married and have children, fill out a profile on an online dating site or let your friends know that you’re interested in meeting someone. If you want to run a marathon, get yourself a personal trainer at a gym or join a running club. Maybe visit a sports nutritionist to make sure you’re getting the nutrients you need in order to stay healthy and competitive.
If you want to land your dream job, think about your qualifications. Do you need to take some courses in order to be a candidate for the job you want? If you already qualify, start sending out your resume. If you want to travel, how could you convince your boss to let you take the time off? What about arrangements for a house-sitter or sub-letter? Who could take care of your pets? What other steps are there between you and your goal? Map them out, step by step.
4. Use positive Self Talk
When writing down your goals, try to put things in a positive way. Negative goal setting implies that you’re doing something wrong. It’s like scolding yourself for not doing better.
Below, I will provide 4 examples:
- Don’t say: Stop dating losers. Instead say: Find a successful, loving, supportive partner.
- Don’t say: Stop being lazy. Instead say: Improve my fitness to have the body I want and increase my health, energy and self-esteem.
- Don’t say: Quit your dead-end job. Instead say: Find a job that matches my skills, passions and financial goals.
- Don’t say: Stop putting off traveling. Instead say: Prepare the way for an incredible traveling adventure.
Putting a positive spin on the language you use can make you feel excited about tackling your goals. Such an attitude will help you overcome hurdles and make you determined to reach your future accomplishments.
“A goal is a dream with a deadline.” – Napoleon Hill
Whatever your goals are, studies show that the act of writing them down can have a significant impact on their outcome. Defining exactly what it is that you want, setting up the steps to get there, and saying it all in a positive way are powerful steps to realizing your dreams. So, grab a pen and get started.
Ready To Write Down Your Goals & Reach Them? Read more blogs about reaching your goals and success on Addicted 2 Success
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Change Your Mindset
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