Running your own business and being the ultimate shot caller is excellent. As a business owner who understands the intricacies of business ownership, I applaud People who dream of owning their business. Many of us romanticize with owning a company because of what we fell it represents. Running a business is like raising a child if you want it done correctly, and to your liking, you must involve yourself. Just do not try to be the best at everything because it’s a trap. So, my first unbreakable rule to increase the possibility of creating a successful business is to have a passion. The experts say that the encouragement our parents gave us growing up is wrong, we cannot be anything we want, we can only be that which we have a passion for, I will go further and say that there are many unfulfilling things we can do to pay the bills.
We can become quite competent at many things, but we will never become extremely fulfilled and significant at anything if the passion lacks. When we work with obsession, there’s never any pushing; there is only an incredible pull toward significant work. In his book, T. Harv Ecker wrote about a formula with the acronym of TFAR, where it stood for Thought, Feeling, Action, Result. The thought is your vision or excellent idea, the feeling is the tip of passion, the action would be your obsession, and the result would be the product.
Once you open a company, it does not mean that you have arrived and that a title on your newly developed business card will suddenly increase your salary. You will most likely experience a pay cut. I know this does suck, and no, I am not kidding. Let this be one of your first lessons, we live in a world of now, of rewards, of everyone wins. Please learn this term and begin to engrave it into your mind; it is called delayed gratification. You can look up the name, but I will tell you what I’ve learned that it means.
Sacrifice today for tomorrow; there is a saying that I will paraphrase not sure the origin, “today we do what most won’t, so tomorrow we do what most can’t.” There are very few businesses that can begin making life-changing money instantly. I will bring you those business owners here in this blog and explain how instant it was. In the meantime, I want you to begin getting comfortable with less money while envisioning a life of abundance, I know pretty ironic, believe me, I get it, but it will work. I also want you to remember why you wanted to get into business in the first place. Please write it down, so we don’t lose focus. I know that if you are still reading, you understand this, if it were that easy, everyone would do it. Accepting that it won’t be easy should encourage you, so many people will never go through this because as soon as it gets a little challenging, they fold. So here is another golden nugget, you must have staying power. The experts say that 80% of winning is showing up.
I will document some of my business stories as well as the stories of successful business owners. You will get to hear first hand the books that they read, the habits they developed, and the transformations many of us had to go through to become more prominent. You will find that there will be great days and that you would never trade being a business owner for going back as an employee. I will share with you books that have impacted who I am today and have helped me navigate through dark days of business and family ties as they all comingle in this world of the self-employed.
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