Sub-Topic: WHAT YOU DON'T KNOW WILL HURT YOU.
The old adage "what you don't know won't hurt you" is definitely not true when applied to starting your own business. Many people derive a false sense of security by plunging blindly into a business because they don't want to take the chance of being intimidated by potential barriers to success. There is no such thing as being too prepared. Proper preparation entails planning for success and planning for problems. Any task worth achieving will have challenges along the way. Most entrepreneurs thrive on the "challenge." In small business, the difference between a challenge and a barrier lies in the amount of preparation on the part of the business owner. If you take the steps to identify your potential barriers to success that's half the work in preparing yourself for success! The other half comes in developing strategies for overcoming the barriers. This, too, is relatively easy to do; it's a matter of using your common sense and resourcefulness! Financial and personal successes are rarely achieved by accident. A great deal of time and effort must be put into working through the "what if's." Most of us see that "what if's" in a negative light. If you are serious about succeeding in business, these barriers must be identified. With a realistic look at all the potential roadblocks, it doesn't take long to drive off a cliff - and lose out across the board!
Let's explore the potential professional barrier to your success before it becomes an insurmountable obstacle.
👉•Decision-making goals cannot be achieved without a series of decisions. Begin setting daily goals and identifying the specific decision points required for the achievement of your goals.
👉•Working under pressure at the end of each day, prepare a "to do" list for the next day. Include time frames for completing each item. Begin with the first item and do not proceed to the second until the first is completed.
👉•Working long hours since there is no such thing as a 9-5 business! In the early stages of entrepreneurship, you will find yourself thinking about your business all the time. Consequently, life as you know it may come to a halt. Begin preparing yourself for this shift in focus by carefully scheduling your time.
👉•Source of direction as an entrepreneur, you are the boss. If you do not provide direction for your business no one will! Carefully, observe your actions and analyze why you do things.
👉•Leadership may not come easy to you. There are numerous books on "how to" develop leadership qualities…so read! Visit your local library, bookstore or Amazon.com to search for products tagged leadership.
👉•Technical competence depending on the specific technical requirement of your business, you may be able to read books and other online materials related to your industry. However, there is no substitute for learning from people who are currently working in the field. Work for a related business to gain the technical competence in the art of running your own business.
👉•Basic reading, writing and math skills must be mastered. Your ability to succeed in business is greatly increased through effective verbal and written communications. And it goes without saying that you can't count your money, if you can't deal with numbers!
👉•Promotional abilities must consist of knowing how to ‘toot your own horn' or you will have a hard time in business. The ability to be enthusiastic and speak effectively regarding the attributes of your product and service (without bragging!) comes mainly from knowledge and confidence in your product or service.
👉•Negotiating abilities and skill can be learned! Find a good book of negotiating and learn the basic principles. Begin to apply these principles on a daily basis. The correlation between your success in business and your ability to negotiate is significant! It is said that the road to the top is lonely. This goes double for the road to self-employment. Most of us are used to working around others. Pay attention to the lack of interaction with people which affects your performance.
Once an action plan is in place to overcome the barriers you've identified, you no longer have barriers…only the challenge of carrying out your plans! As with everything in life, it is entirely up to you whether you rise to the challenge and overcome your barriers or allow your barriers to overcome you. Only you can make the difference…you are the difference!
##SAM#WHATSAPPGROUPTEACHING#
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