Success Advice
10 Signs You Have What It Takes To Build A Business Empire
Have you taken a liking to the ambitious ways of Jeff Bezos or Richard Branson? Are you interested in building your very own business empire? Well this article here will fill you in on what it takes to build a successful business empire.
Building a business empire:
1. You Have A Vision
Successful entrepreneurs know exactly what they want and do visualize themselves doing it. They know “what” they need to do to achieve their entrepreneurial vision and they go ahead to establish “how” to do it. They establish through intensive but targeted networking. They are so open to new ideas and new people but do not make meaningless conversations. They have a natural curiosity when interacting with people and by so doing, learn about what people want.
2. You Are Courageous
Every successful entrepreneur has courage, that is the key strength you need when going against the odds. They may pose as confident but they are equally confronted with fears and doubts presented to any aspiring entrepreneur. Their strong will and vision is what catalyzes them to just take action and focus less on the negative outcomes. That is what sets aside the hopeful entrepreneurs and successful entrepreneurs, they don’t over-analyze situations or spend too much time thinking about the consequences; they just take action.
3. You Stick To Your Beliefs
All successful entrepreneurs strongly believe in their capabilities to succeed in their venture, that is what drives them to success along with their vision. Their inner belief drives them against all odds and hurdles and they will stop at nothing until they have hit the mark. While ‘ordinary’ business startups dread and shy off from challenges and business hurdles, successful entrepreneurs think outside the box and use these hurdles as a learning and correction tool to better their chances of success. They do believe, subconsciously or otherwise, that these hurdles fuel them forward.
4. You Are A Self-Starter
Entrepreneurs like Richard Branson understand that if something needs to be done, you should start it by yourself. They put in place objectives and parameters and make sure that their project(s) follow that path. They come out as highly proactive individuals and don’t sit around waiting for opportunities to come knocking.
5. You Are Disciplined
These individuals are solemnly focused on making their business a success and they are keen to eliminate any distractions or hindrances to their goals. They have clearly stated strategies and outlined tactics on how to accomplish their goals. Discipline takes them as far as strictly following their business schedules and activities, observing their spending and investing habits to adhering to their personal and general business principles and ethics. Simply put; they are disciplined enough to daily take steps towards archiving their business objectives.
6. You Are Very Confident
True entrepreneurs don’t question their ability to succeed or whether they are worthy of success. They are always confident with the knowledge that they can make their business succeed. Their confidence pushes them to take even bigger risks that come with bigger rewards. When you come to think of it, a confident entrepreneur secures more trust and similar confidence in their clients and potential investors, another recipe for entrepreneurial success.
7. You Thrive In Competition
Many companies and businesses are formed because an entrepreneur believes that they can do better than another. They need to win in the niches they choose and therefore need to win in the businesses and ventures that they create. True entrepreneurs take competition positively and formulate strategies on how to come up with better products or services that draw interest in the market.
8. You Are Open Minded
Successful entrepreneurs understand that every situation and event is a business opportunity. Ideas are constantly generated about efficiency and workflows, potential new business and people skills. They have a receptive mind to new ideas and the ability to focus on the business side of everything around them.
9. You Are Creative
One element of creativity is the ability to make connections between seemingly unrelated situations or events. A close look at trumps problem solving and investment techniques reveals that he formulates solutions from the synthesis of other seemingly unrelated items. Creativity puts his products and services above all others of a similar category in the market.
10. You Have Passion
Although this comes as the last item on my list, passion is very vital for the success of any entrepreneur. Entrepreneurs genuinely love what they do. They are willing to invest in those extra hours to ensure that their business succeeds because they derive joy and satisfaction that goes beyond the money. Successful entrepreneurs always read and research within their field on ways and techniques to create an outstanding and long-lasting business.
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domain
Jun 1, 2016 at 2:20 pm
I go to see each day some websites and sites to read content, however this webpage gives quality based writing.
Chris
May 23, 2015 at 9:54 pm
Nice…really inspirational
cory
Nov 25, 2014 at 9:28 am
this is perpetuating the ideals of economic inequality and donald douchebaggery
Anton
Aug 29, 2014 at 11:47 pm
That sounds just like me i have only ever once thort i couldnt make it in business and thats becouse my life whent down hill when i was reading this it put a huge smile on my face to never stop being addicted 2 success Great stuff
Love
Aug 31, 2013 at 2:31 pm
Reference:: Point no 8 ::You r open minded
Who is this man and lady?
Can anybody tell me the names of both?
Harriet
Aug 12, 2013 at 2:28 pm
This is exactly what i wanted. Thanks for sharing the wisdom
RUUDI
May 26, 2013 at 5:05 pm
GREAT SITE..!!
Selim Yeniçeri (@SelimYeniceri)
Feb 5, 2013 at 6:35 pm
All these are rightful and true. As Charles says, some people hate competition, and that’s a fact, too. Such people have very low or none self-confidence, so they shy away from competition. However, there is one more thing I’d like to add, which is related more to attitude, and courage. Highly successful people take obstacles and objections into consideration when planning for success beforehand, and they know most of the obstacle-looking items are actually personal objections that come from deep within. Therefore, they clearly seperate obstacles from objections, and overcome the obstacles, and take measures for possible ones. Yet, doing these all, they don’t worry about “what if, what not,” and they follow an attitude that says “I will think about it when I face those possible ones.” Because such people are warriors, and they trust in their instincts, too. So when they save their heads for a hair’s length, they don’t say “Whew, that was close!” but “It didn’t happen after all, right?” So, highly successful people take luck and instincts into consideration, with a confidence that comes from knowing they will do the right thing when it comes to that.
wycliffe
Jan 6, 2013 at 4:40 pm
Gud stuff – pragmatic tips. Got to keep up the great works. You’re our information mentor.
Joseph
Oct 23, 2012 at 3:46 pm
Truly inspirational!
Lindelwe
Oct 18, 2012 at 10:20 am
Thank you so much for your inspiring words. quite a number of times i have tried to start my own business but have back slided due to unknown reasons. i have have been inspired by this site and from now on, i am going to make things happen and have learnt that things aren’t just going to happen if i just sit and watch. Thank you!
charles
Oct 16, 2012 at 9:54 am
wow this rings perfectly true, I couldn’t describe myself better. It’s crazy to think most people don’t have this. Just the competition alone is something most people don’t like.
Bruce McCauley
Dec 31, 2012 at 3:46 pm
I really like competition. It always makes me better in business. Even when they have better prices I’ll always find a way to beat them. Even now online with blogging. Most computer genius that are smarter than me with better prices have no online awareness. So I found a way to kill them in business. And it feels good to win
Alana
Oct 16, 2012 at 7:21 am
I am a new follower and a new entrepreneur. Although I’ve had a few setbacks, I have learned good lessons. I am staying focused and moving along again. This article added positivity to my day as well as my action plan. I know I am headed in the right direction. I also appreciated the 20 Picture Quotes! I intend to visit this site everyday. Thank you for sharing!
Joel
Oct 16, 2012 at 9:52 am
Thank you for your feedback Alana, that would be great, please share our site with your friends and spread the good words 🙂
Enjoy yourself!
Frank Deluca
Oct 14, 2012 at 1:23 pm
Yes it does take money but you can have all the money in the world and lack the characteristics above and never make it happen… on the other hand if you have the above noted characteristics you can start with or without.. Donald had seed capital from pops.. and multiplied it.. Richard had a kitchen table in mom’s house.. both are a great success story..
Amandah
Oct 10, 2012 at 1:37 pm
It also takes MONEY! You must be able to raise start up capital. This means you’ll have to learn how to speak to investors and polish your presentation skills. You could ask family members to invest in you and your company, but it may not be a wise idea. Good luck!
Bruce McCauley
Dec 31, 2012 at 3:39 pm
I say start so small you don’t need any start up capital. Like Steve Jobs did start in his basement selling computers and when business picks up then you expand. Borrowing money for something that has a 9 out of 10 chance to fail isn’t a good idea. And thrashing why its hard to get loans I got $20,000 when I was 19 but I already had an established business.
Nkanyiso
Oct 10, 2012 at 12:57 pm
As a young entrepreneur this website keep the spirit high and positive even when ia am down just visit it.
Will
Oct 12, 2012 at 6:35 pm
Nkanyiso, I agree that this website does an excellent job keeping spirits high and positive. Managing motivation is an important quality that all entrepreneurs should master.
I find this particular article a great resource to look at for finding areas to improve on, especially for an aspiring entrepreneur.
Bruce McCauley
Dec 31, 2012 at 3:34 pm
That is very truth I have to subscribe to this blog. This article is a great motivator. Well not its back to work
herman
Mar 9, 2013 at 4:53 pm
I don’t have my own business but it help me a lot in my career . Love it !!!