How to Never, Never, Never Give Up: On Being a Successful Entrepreneur
Ask any successful entrepreneur how they have built a booming business, and they will invariably say the trick is to persevere and never give up.
It can be a long, hard climb to success when you choose this career path, but the rewards can hugely outshine the drawbacks. In fact, making a go of your entrepreneurial venture could sometimes feel like scaling the north face of the Eiger, but you know you must keep going, despite the pitfalls, because it will be worth it when you reach the top.
Ask any successful entrepreneur how they have built a booming business, and they will invariably say the trick is to persevere and never give up.
It can be a long, hard climb to success when you choose this career path, but the rewards can hugely outshine the drawbacks. In fact, making a go of your entrepreneurial venture could sometimes feel like scaling the north face of the Eiger, but you know you must keep going, despite the pitfalls, because it will be worth it when you reach the top.
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1. Take it one step at a time.
If the steep climb to success seems daunting, make it easier on yourself by taking it one step at a time and setting yourself daily, weekly and monthly goals to achieve. Goal-setting and having a plan to follow helps you stay focused when times get tough.
The key is consistency and commitment each day.
Having a plan and sticking to it, provides a road map for how to reach your ultimate target – a little like keeping your eyes on the horizon where your dream destination lies but not forgetting to watch each step you take to get you there. In fact, focusing on the present moment and what you’re doing now to achieve your goals works wonders for your morale, motivation and chances of success.
If the steep climb to success seems daunting, make it easier on yourself by taking it one step at a time and setting yourself daily, weekly and monthly goals to achieve. Goal-setting and having a plan to follow helps you stay focused when times get tough.
The key is consistency and commitment each day.
Having a plan and sticking to it, provides a road map for how to reach your ultimate target – a little like keeping your eyes on the horizon where your dream destination lies but not forgetting to watch each step you take to get you there. In fact, focusing on the present moment and what you’re doing now to achieve your goals works wonders for your morale, motivation and chances of success.
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2. Don’t let failure floor you
Although you’re aiming for success, if you’re serious about excelling as an entrepreneur, you can’t let failure floor you. In fact, some of the most successful entrepreneurs have embraced failure, picked themselves up, dusted themselves off and gone on to phenomenal success.
It’s worth remembering this when times are tough and not seeing any initial failures as final. It may take a few goes but, like them, you could strike gold on the second, third, or even hundredth attempt – if you give up, you’ll never know just how close you came to your goal!
So, let ‘try, try and try again’ be your motto.
Of course, you need to learn from any failures you encounter – there’s no sense in doing exactly the same thing over and over and over again and expecting the outcome to be different! However, the trick is to take time to analyse what went wrong, draw up a plan of how to do it differently next time and be sure to keep your spirits up.
Everyone experiences adversity along the way, but only the top achievers accept that this is just a rite of passage on the road to success.
Although you’re aiming for success, if you’re serious about excelling as an entrepreneur, you can’t let failure floor you. In fact, some of the most successful entrepreneurs have embraced failure, picked themselves up, dusted themselves off and gone on to phenomenal success.
It’s worth remembering this when times are tough and not seeing any initial failures as final. It may take a few goes but, like them, you could strike gold on the second, third, or even hundredth attempt – if you give up, you’ll never know just how close you came to your goal!
So, let ‘try, try and try again’ be your motto.
Of course, you need to learn from any failures you encounter – there’s no sense in doing exactly the same thing over and over and over again and expecting the outcome to be different! However, the trick is to take time to analyse what went wrong, draw up a plan of how to do it differently next time and be sure to keep your spirits up.
Everyone experiences adversity along the way, but only the top achievers accept that this is just a rite of passage on the road to success.
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3. Keep your spirits high
So, finding ways to keep your spirits high should be an important part of your game plan, as staying positive can be easier said than done. No matter how determined you are, there are bound to be times when your resolve will waiver. But, believe it or not, success is a frame of mind and you can control this with savvy strategies. For example, boost your morale by reminding yourself of just how far you’ve come.
While your goals might seem miles away, you may be surprised by the small wins you have already achieved if you just take stock.
Surrounding yourself with positive, like-minded people can also keep your spirits high. The world may be full of naysayers, but with the support of people who believe in you, such as a business mentor, it is easier to dismiss their negativity. In fact, it also pays to boost your confidence and one sure-fire way to do this is to strengthen your entrepreneurial skills with some training.
So, finding ways to keep your spirits high should be an important part of your game plan, as staying positive can be easier said than done. No matter how determined you are, there are bound to be times when your resolve will waiver. But, believe it or not, success is a frame of mind and you can control this with savvy strategies. For example, boost your morale by reminding yourself of just how far you’ve come.
While your goals might seem miles away, you may be surprised by the small wins you have already achieved if you just take stock.
Surrounding yourself with positive, like-minded people can also keep your spirits high. The world may be full of naysayers, but with the support of people who believe in you, such as a business mentor, it is easier to dismiss their negativity. In fact, it also pays to boost your confidence and one sure-fire way to do this is to strengthen your entrepreneurial skills with some training.
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4. Think long term
It is important that you think in the long term – overnight success is a myth! If you expect to achieve great things instantly, you will just be piling on the pressure and become disheartened.
You may hear about entrepreneurs who have supposedly achieved overnight success, but chances are this is just PR spin going into overdrive. Don’t let yourself fall into the trap of comparing yourself with those who have struck it big in the business world and believing you don’t measure up. In all likelihood, they will have had to struggle to reach the summit, just like everyone else, not have had it handed to them on a plate.
So, keep your expectations realistic, and while ambition can help you plough ahead, celebrate each little win, such as achieving your monthly sales target, and be careful not to lose touch with reality. Incremental progress is the name of the game – just plant the seeds of success every day and with patience and persistence you will see them bloom in time.
It is important that you think in the long term – overnight success is a myth! If you expect to achieve great things instantly, you will just be piling on the pressure and become disheartened.
You may hear about entrepreneurs who have supposedly achieved overnight success, but chances are this is just PR spin going into overdrive. Don’t let yourself fall into the trap of comparing yourself with those who have struck it big in the business world and believing you don’t measure up. In all likelihood, they will have had to struggle to reach the summit, just like everyone else, not have had it handed to them on a plate.
So, keep your expectations realistic, and while ambition can help you plough ahead, celebrate each little win, such as achieving your monthly sales target, and be careful not to lose touch with reality. Incremental progress is the name of the game – just plant the seeds of success every day and with patience and persistence you will see them bloom in time.
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5. Go the extra mile.
Ultimately, if you’re tempted to surrender and give up on being an entrepreneur, it’s worth reminding yourself of why you chose to do this in the first place, and what you would be going back to if you threw in the towel. This may sound like a scare tactic, but chances are you might have lost sight of what being an entrepreneur means to you.
No one ever said being an entrepreneur would be easy, and it could mean putting in long hours and doing things which take you outside your comfort zone to propel your business forward. For example, promoting your business well could fast-track you to success but does not come naturally to many, and networking is an essential part of advancing your business, but fills some with dread. However, conquering your fears and putting such techniques into practice will be more than worth it when you see your business boom.
Ultimately, if you’re tempted to surrender and give up on being an entrepreneur, it’s worth reminding yourself of why you chose to do this in the first place, and what you would be going back to if you threw in the towel. This may sound like a scare tactic, but chances are you might have lost sight of what being an entrepreneur means to you.
No one ever said being an entrepreneur would be easy, and it could mean putting in long hours and doing things which take you outside your comfort zone to propel your business forward. For example, promoting your business well could fast-track you to success but does not come naturally to many, and networking is an essential part of advancing your business, but fills some with dread. However, conquering your fears and putting such techniques into practice will be more than worth it when you see your business boom.
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Importance of advertising for a business.
Advertising is the process of calling the attention of the public to a product or service by a business. Its not only informs your customers of a new product or service and reminds them of older ones, but it lets them know why they should buy yours as opposed to your competitor’s.
The importance of advertising are given bellow👇
Advertising is the process of calling the attention of the public to a product or service by a business. Its not only informs your customers of a new product or service and reminds them of older ones, but it lets them know why they should buy yours as opposed to your competitor’s.
The importance of advertising are given bellow👇
1. Crucial for a launch:
Advertising is very crucial for launching (introducing) a new product, service and/or idea in the market. If advertisement of any concerned product, service and/or idea is done properly at a right place, through proper media, and within a specific time constraint, can attract new-customers. This helps to capture the market and increase sales of an advertiser.
Advertising is also essential for announcing an upcoming event. Advertising an open invitation maximizes the chances of event attendance.
However, if people are unaware of any such happening, they may not show up. As a result, the event may not get an expected response. Hence, advertising contributes to the success of an event.
Advertising is very crucial for launching (introducing) a new product, service and/or idea in the market. If advertisement of any concerned product, service and/or idea is done properly at a right place, through proper media, and within a specific time constraint, can attract new-customers. This helps to capture the market and increase sales of an advertiser.
Advertising is also essential for announcing an upcoming event. Advertising an open invitation maximizes the chances of event attendance.
However, if people are unaware of any such happening, they may not show up. As a result, the event may not get an expected response. Hence, advertising contributes to the success of an event.
2. Source of revenue
Advertising is a prime source of revenue for publishers of mass-media like newspapers, TV channels, magazines, websites, etc. The input cost involved in processing any valuable information is usually higher than its selling price. A publisher’s cost rises due to various data gatherings and information-processing activities like research (investigation), professional writing, editing, proof-reading; publishing in form of printing or digital web hosting, and distribution.
Advertising pays publishers their input costs and in return use their media platform as a medium to reach maximum people. Indirectly, because of it, customers of publishers (who are mostly readers and/or viewers) also get an affordable access (or sometimes even a free access) to high-quality information databases.
Advertising is a prime source of revenue for publishers of mass-media like newspapers, TV channels, magazines, websites, etc. The input cost involved in processing any valuable information is usually higher than its selling price. A publisher’s cost rises due to various data gatherings and information-processing activities like research (investigation), professional writing, editing, proof-reading; publishing in form of printing or digital web hosting, and distribution.
Advertising pays publishers their input costs and in return use their media platform as a medium to reach maximum people. Indirectly, because of it, customers of publishers (who are mostly readers and/or viewers) also get an affordable access (or sometimes even a free access) to high-quality information databases.
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3. Sales promotion
Advertising is done to promote goods, services, ideas and/or events. Advertising is used for the promotion of:
1. Goods falling under categories like cosmetics, electronics, eatables, stationary, jewelry, textiles, etc.
2. Services provided under banking, insurance, hospitality, air travel, consultancy, health care, education, etc.
3. Ideas. For e.g., an entrepreneur encourages general public to invest in his business ideas.
4. Events or gatherings like festivals, exhibitions, ceremonies, rallies, etc.
Advertising is done to promote goods, services, ideas and/or events. Advertising is used for the promotion of:
1. Goods falling under categories like cosmetics, electronics, eatables, stationary, jewelry, textiles, etc.
2. Services provided under banking, insurance, hospitality, air travel, consultancy, health care, education, etc.
3. Ideas. For e.g., an entrepreneur encourages general public to invest in his business ideas.
4. Events or gatherings like festivals, exhibitions, ceremonies, rallies, etc.
4. Increases sales
Advertising sparks an interest in masses about advertised products and/or services of its advertiser. This interest creates demand in the market. The growing demand soon results in higher sales. Eventually, the advertiser fulfills his main goal of investing in an advertisement.
However, to continue with such a growth in sales, the advertiser must also maintain a good price-quality ratio along with regularly continuing his ad campaigns.
Advertising sparks an interest in masses about advertised products and/or services of its advertiser. This interest creates demand in the market. The growing demand soon results in higher sales. Eventually, the advertiser fulfills his main goal of investing in an advertisement.
However, to continue with such a growth in sales, the advertiser must also maintain a good price-quality ratio along with regularly continuing his ad campaigns.
12 WAYS TO GET IT ALL
1. Those who succeed in life are those who are not afraid to dream big and then take risks to fulfill their visions.
2. When you are ready to give up, you are closer to the goal than you think.
3. Why put off your greatness until later? Why wait for a better time to fulfill your dreams and those wonderful opportunities that life opens up for you? Why not take the first step today?
4. Everything you think about comes true.
5. Follow your dreams and the universe will open doors for you where there were only walls...
6. Twenty years will pass, and you will regret more what you didn't do than what you did wrong. So put aside hesitation. Set sail and run away from safe harbor. Catch a fair wind. Explore. Dream. Make discoveries.
7. It is much better to burn out in flight and crash down, pursuing a high goal, than to spend the best days of your life in front of the TV somewhere in the back of life. (Actual for 95% of the population).
8. Everything that exists in the world was once just a dream...
9. The one who does expects success. The one who “tryes” expects something to interfere with him.
10. Take it and do it. If you don't know what to do, take a step forward.
11. Having a goal is more important than having an opportunity.
12. Bold and brightly drawn dreams come true at least 110%. You will always receive + 10% in the form of additional bonuses from Life at the exit of your dreams.
1. Those who succeed in life are those who are not afraid to dream big and then take risks to fulfill their visions.
2. When you are ready to give up, you are closer to the goal than you think.
3. Why put off your greatness until later? Why wait for a better time to fulfill your dreams and those wonderful opportunities that life opens up for you? Why not take the first step today?
4. Everything you think about comes true.
5. Follow your dreams and the universe will open doors for you where there were only walls...
6. Twenty years will pass, and you will regret more what you didn't do than what you did wrong. So put aside hesitation. Set sail and run away from safe harbor. Catch a fair wind. Explore. Dream. Make discoveries.
7. It is much better to burn out in flight and crash down, pursuing a high goal, than to spend the best days of your life in front of the TV somewhere in the back of life. (Actual for 95% of the population).
8. Everything that exists in the world was once just a dream...
9. The one who does expects success. The one who “tryes” expects something to interfere with him.
10. Take it and do it. If you don't know what to do, take a step forward.
11. Having a goal is more important than having an opportunity.
12. Bold and brightly drawn dreams come true at least 110%. You will always receive + 10% in the form of additional bonuses from Life at the exit of your dreams.
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Money Isn’t Enough: 6 Incentives to Motivate Your Employees
Money is important, but it’s not everything
Make no mistake: Employees want competitive compensation for their work. In fact, money is the top reason employees quit. According to a 2022 Pew Research Center survey, 63 percent of respondents cited low pay as a significant or contributing reason for quitting their job.
Money is important, but it’s not everything
Make no mistake: Employees want competitive compensation for their work. In fact, money is the top reason employees quit. According to a 2022 Pew Research Center survey, 63 percent of respondents cited low pay as a significant or contributing reason for quitting their job.
1. Implement flexible work policies.
While small business owners can’t always compete with the salaries large corporations offer, implementing flexible work policies can attract top talent. They’re a low-cost way to make your compensation package stand out and show employees you respect their needs and priorities.
Flexible work policies are extremely varied and customizable. The most obvious example is remote or hybrid arrangements where employees can work in the most comfortable environment for them. Remote and hybrid work arrangements help employees avoid commuting, manage child care needs, balance personal obligations and much more. Additionally, you can offer a four-day workweek, flexible start and end times, and other options.
Employees value flexible workplace options because they reduce stress and help prevent burnout. Consider offering work flexibility to motivate, reward and engage your team.
While small business owners can’t always compete with the salaries large corporations offer, implementing flexible work policies can attract top talent. They’re a low-cost way to make your compensation package stand out and show employees you respect their needs and priorities.
Flexible work policies are extremely varied and customizable. The most obvious example is remote or hybrid arrangements where employees can work in the most comfortable environment for them. Remote and hybrid work arrangements help employees avoid commuting, manage child care needs, balance personal obligations and much more. Additionally, you can offer a four-day workweek, flexible start and end times, and other options.
Employees value flexible workplace options because they reduce stress and help prevent burnout. Consider offering work flexibility to motivate, reward and engage your team.
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