Resources

Personal Qualities for Success

To succeed in business, you need to have:

• Passion – to get you through the rough spots and for the long haul
• A Sense of Adventure
• A Strong Need to Achieve
• Self-Confidence and a Positive Attitude
• A Long Term Commitment
• Clear Integrated Goals - Personal & Business
• Good Communication Skills
• A Quantified Need for the Product or Service
• Marketing, Management and Financial Skills
• A Sense of Humor

An expert is someone who knows 10% more than the average person

To Plan or Not to Plan - Excuses to Use

• Planning takes time from growing my business
• Planning gets in the way of flexibility, seizing the moment
• Planning is a pain in the whatsis!
• A business plan should be consistent with my life plan
• Planning might mean I need to change direction
• I don't need a plan until I need financing
• Planning is just for big companies
• I really have a plan - I just don't write it down

87% of people have no business or life plan.  Of the remaining 13%, 10% have a plan but don't write it down.  These people earn 4 times as much as the 87% who don't plan.  The 3% who do have a written plan earn 10 times as much as the people who have a plan but don't write it down.

Before you begin, ask yourself...

• Why am I starting/running a business
• Do I like what I'm doing enough to spend the time and energy required to grow the business?
• Is this a business of the future?
• Why do I want to grow it?
• Is my family comfortable with this decision and will they be active in their support?
• What will success look like for me?
• What are my alternatives?
• Do I have, or can I learn, most of the Personal Qualities for Success?