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6 Ways Fearless and Ambitious Entrepreneurs Gain Rapid Business Growth

6 Ways Fearless and Ambitious Entrepreneurs Gain Rapid Business Growth

As an entrepreneur, you’ve probably started your business dreaming of a continuous flow of money and the freedom to set your own hours and find success on your own terms. While these dreams aren’t impossible, they definitely are hard to realize, especially if you’re just starting out on your journey. However, the rewards you end up reaping will end up being completely worth it in the long run.

As a budding entrepreneur, you need to:

1. Join the competition

Don’t be afraid to dive right in. Make yourself known in your industry, even if on a small scale. This is not to say you want to start out thinking you can put other companies out of business — or even that that’s what you should aim to do at all. Rather, you should use your competitors’ successes as motivation to grow your own company from the ground up.

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You should also look to the established professionals within your industry and see them as the mentors they are. Many of them will be more than willing to help you get started on the right path.

2. Hire the right people

You’re not going to be able to run your company by yourself. You want to hire competent and forward-thinking individuals who are willing to work toward a common goal. While you don’t want to make exorbitant promises from the get-go, you want to make it clear that their efforts today will pay off in dividends tomorrow.

You want people who are motivated by more than just the almighty dollar working for you. You want the ones who understand your vision and will stop at nothing to see it come to life.

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3. Reduce your risks

Starting a business is a huge risk in the first place. And, believe it or not, getting started too quickly can end up coming back to bite you immediately.

As your business starts to grow, be careful not to take on too much. You don’t want your customers and clientele to get the impression that you’re unreliable. While you should never turn away a customer willing to pay for your services, if you’re unable to cater to their needs right away make sure they understand this, and that the only reason there may be a slight hold up is that you want to provide them with the best product or service possible.

4. Be adaptable

If you haven’t noticed by now, trends change on an almost daily basis. Because of this, your business needs to be able to constantly adapt to the needs of your customers. While you don’t want to sacrifice your integrity just to make a quick sale, you do want to listen to your customers’ advice and criticisms.

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You’re almost certainly going to make mistakes along the way to success. But if you don’t learn from them, you’ll never reach the goals you’ve set for yourself.

5. Focus on your customers

Like I just said, your business only exists because your customers do. But your company isn’t unique (at least not yet). Your audience can easily find someone else offering the same service or product as you. What keeps them loyal to your company is the personal touch you put into your business. Don’t settle for knowing what your customers want. Reach out to them as human beings. Create a community of like-minded individuals who share their ideas freely.

Not only will this give you an idea of how to move forward with your business, but it will show your customers that you truly care about them and want to provide them with exceptional service.

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6. Think ahead

This goes along with being adaptable. Like I said, you always want to be changing with the demands of your customers. But you shouldn’t be reactive in this prospect.

You need to proactively grow as a company, and never settle where you currently are. Imagine if Bill Gates or Mark Zuckerberg had just stopped working once they made their first million. Not only would they not have nearly as much as they do now, but Microsoft and Facebook would never have grown to the omnipresent entities they currently are.

Once you’ve reached one goal within your company, you should immediately start looking ahead to the next milestone on your path.

Featured photo credit: Child Entrepreneur Lemonade Stand 50 Cents Each Qiqi Lourdie June 24, 20111 / Steven Depolo via farm7.staticflickr.com

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Last Updated on February 15, 2019

How to Achieve Goals and Increase Your Chance of Success

How to Achieve Goals and Increase Your Chance of Success

Does it ever feel like the things you want to accomplish always end up on the back burner? If the answer to that question is “yes,” you’re not alone. Only about 33% of people consistently work toward their goals. In some cases, their goals may seem too lofty to accomplish, or else they aren’t sure how to make a plan for them.

If you don’t come up with concrete steps to take toward your goals, they’ll remain dreams. There’s nothing wrong with being a dreamer, but being able to turn your dreams into goals you can realize will help you lead a happier and more fulfilling life.

Luckily, you can realize almost any dream when you harness the right goal-setting methods.

In this article, I’ll show you how to achieve goals and get closer you success.

1. Break your dreams down into specific and measurable steps

We couldn’t talk about goal-setting without mentioning SMART goals.

SMART goals are specific, measurable, assignable, realistic, and time-related.

Specific and measurable steps are so important because if we don’t know what our target it, how can we ever hit it?

Take all those beautiful dreams you have for yourself and make them into things you can actually do. If you want to be an entrepreneur, for example, a step toward realizing your dream might be researching what you’ll need to start your business.

Find out more tips about utilizing SMART goals here:

How to Use SMART Goal to Become Highly Successful in Life

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2. Have at least one clearly defined goal for every interest and role in your life

It’s so easy to become complacent or stagnate. We often think that our careers are the only places where we need to set goals, but we aren’t only what we do.

To make the most of your life, take the approach that you’re always learning and growing in everything you do. Anything worth doing is worth doing well after all.

Set goals whether you’re sponsoring an activity for your child, taking up guitar lessons or trying to prove your worth at work.

You’ll notice that this approach forces you to constantly develop new skills. It can also be fulfilling to put more focus and value into all areas of your life— not just the ones related to our careers.

3. Align your goals with your life’s mission, purpose and passion

Take the opportunity to do some soul-searching. What is it that you want to do with this precious life of yours?

Anything that conflicts with your life’s purpose is bound to cause discontent. Staying in a bad relationship, doing a job that goes against your values, or maintaining the status quo just because it’s comfortable are not options for you.

Thinking about your goals in this way can help you eliminate things in your life that don’t serve you. This frees up mental space that you can use to do the things you care about the most.

Many of us struggle to find the time to work on our goals, but this strategy enables you to make more time.

4. Create goals that ignite your spirit and inspire you to take action

If you can’t be fired up about your goals from the start, they might not be good goals for you.

The road to success is often tough. You’re going to have times when you might feel tired or discouraged.

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You need to feel inspired enough that you’ll be able to overcome obstacles as you encounter them.

If what you’re doing motivates you to be the greatest version of yourself, you’ll be much more resilient.

5. Write down all your goals in specific, measurable detail

This is your road map for what success will look like. The more you define what you want the finished product to be, the greater the chance that you’ll reach that vision.

When you write down your goals, you’re creating a document that you can revisit to make sure you’re on track.

When you’re in the middle of trying to achieve a big goal, it can be hard to see what’s working for you. The things you write in this step will help you stay on-message as you take your goals out of your mind and into the real world.

Don’t just write down your goals and stash them away in a folder somewhere. Take the extra step to put them somewhere where you’ll see them.[1]

If you have too many goals to post on your desk, write a summary or choose one or two steps to work on for the day. Just seeing them will keep them in the front of your mind.

6. Commit to hitting each of your targets without exception

You wouldn’t have created the target if you didn’t think it was necessary. Hold yourself accountable for taking the steps to succeed.

You can always adapt your strategy or break your targets into smaller steps if you find that they aren’t attainable as you originally wrote them.

Hitting even the smallest target is cause for a celebration. It’s a step in the positive direction. Your success will make you crave more success.

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We often make excuses when we get tired or overwhelmed. Take away the option to make excuses. You will only be satisfied with the best effort from yourself.

7. Share your goals with others to motivate each other

There’s something so powerful about people sharing their goals and dreams with one another. Doing so gives voice to some part of us that could remain hidden (and therefore never be accomplished).

When other people know about your goals, they can cheer you on and hold you accountable. When people share their vision with you, you can do the same for them.

This strategy is particularly beneficial when you’re trying to develop healthy habits. Post about your workout on social media, or do a healthy eating challenge with your best friend. You’ll be less likely to slack when temptation arises, and you’ll probably encourage someone else to reach for their goals too.

8. Set a series of daily, weekly and long-term goals, complete with starting times and deadlines

Many goals never reach realization simply because the goal-setter doesn’t check their progress. People tend to forget what they set out to do, or their goal gets crowded out by other obligations.

Forcing yourself to revisit your goals at regular intervals breaks them into smaller steps and it reminds you to think about them.

Giving yourself regular deadlines for smaller tasks related to your goals also helps you reflect on your strategy. You’ll figure out what works for you, whether your timeline is realistic, and whether or not you need additional help to stay on track.

In addition, celebrating small wins helps you stay motivated. Here’s how:

How To Celebrate Small Wins To Achieve Big Goals

9. Take 10 minutes every day to imagine how great it will feel to achieve your goals

Visualization is such a powerful tool. Some of the most successful athletes, celebrities and business people take time each day to think about how success looks and feels for them.[2] Imagining that feeling of satisfaction can be a great motivator.

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When you do meet your goals, take some time to be grateful. Thank yourself for showing up and doing the work. Be grateful when the stars align properly to help you advance to the next step.

It’s not just getting to the destination of your goals that matters. How you take the journey is important too.

10. Take an action step toward reaching your goals every day

Your goals can easily get buried in the hustle and the bustle. Even the smallest step in the right direction is still moving you forward.

Keep chipping away at the work every day and before long, you’ll start to see those dreams come to life.

Maybe you didn’t start your business today but you designed the logo that’s going to go on your website and business cards. Doing that task well is going to help you so much in the long run.

Concrete actions day by day draw your dreams out of obscurity and into the realm of possibility.

The Bottom Line

Dreams can inspire and overwhelm us. By turning our dreams into goals that we can work toward, we increase our chances of success. Things that once seemed impossible are suddenly within reach.

It’s time to start turning your dreams into goals and your goals into realities. Change begins today.

More Resources About Setting & Achieving Goals

Featured photo credit: Andrew Neel via unsplash.com

Reference

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