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10 Ways to Ensure the Success of your Start-up

10 Ways to Ensure the Success of your Start-up

Start-ups. They can bring you millions of dollars or debts. It seems like everybody has a start-up these days. Which is good! Entrepreneurs understand entrepreneurs.

People who put their ideas into action and get out there with a business that actually helps the world… eventually, make it to the Fortune lists, the Forbes lists and the Wealthiest lists.

Sadly, a lot of start-ups crash and burn well before then. Here’s how you can avoid the wreckage:

1. Delegate

There’s too much to do in a day. From marketing to web design and SEO, branding, providing social media content, updating your subscribers/email list with ARS. Not to mention developing and executing your plan, preparing for the market. Ah! It’s enough to derail any sane mind.

Several platforms you may have heard of include ProBlogger, Upwork, Guru, for your freelancing needs. Treading these murky waters tends to be hit or miss when it comes to the quality you need.

The point remains: nobody can do everything all by themselves. That’s why Tony Robbins, a successful businessman and author, delegate less-important tasks. Save what’s vital for yourself. It’s not your job to take the whole world on your shoulders.

2. Have A Concrete-Solid Plan

You can’t get to where you need to be, without knowing where it is you’re going. How do you figure that out? It’s time to get analytical.

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Draw out a map – a brainstorm, if you will. From point A to point B: right now, where are you? Where do you want to be? What will it take to get there? (Be sure to leave no stone unturned.)

Whether it’s learning how to program in a day or being ballsy enough to stare yourself in a mirror, and answer the hardest questions you’re asking yourself… if you’re successful at minute details, you’ve found a way to make entrepreneurship your metaphorical “slave”.

3. Work Ethic

Instead of giving value to JFK’s quote “Ask not what your country can do for you, but what you can do for your country,” a lot of people seem to be into “What can everyone do for me?”

Here’s the key to working hard: it is a necessity. Nobody will get anywhere by playing games three, four hours a day. Same goes for Netflix and YouTube. The people in life who are on the millionaire fast lane with their start-up businesses – the people whose names ring out all over the land… do not indulge their instant gratification.

I personally have trouble turning off video games. But, if I want to be anything more than a forgotten speck along posterity’s eternal breath… I’ve got to stop. Same goes for you.

4. Develop Thick Skin

Complaints will happen. It doesn’t matter what – some people out there just love to complain and listen to their own voice. When you launch and review initial feedback, there’s going to be a backlash. It’s inevitable. There is nothing anyone has ever created that’s escaped the vicious whip of “I hate this.”

And if you have to brush it off, that’s what you must do. At least, brush off feelings that may arise about, say, feeling personally attacked.

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One way to look at negative feedback is, looking at it like a platform for improvement. People tell you directly what’s wrong, so you fix it.

5. Invent Twitter and Blogger

Every time you start a company – and I’ve started five or six – you have the opportunity to screw up in whole new ways.
Evan Williams

The social media mogul who not only created Blogger – kicking off the launch for a revolution in our online communications (“online” is practically synonymous with blogging) but Twitter, as well.

Do something new, just like Evan did.

Clearly, Evan Williams knows how to punch history in the face and leave his mark. He was only able to do this after drafting and following his own rules.

6. Stay In The Game

This is a rule in life, not just for start-ups. You have to stay in the game.

Anybody can quit. A lot of people do quit. They quit their business, they quit the struggle for a better, richer life. They quit on themselves.

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This is what separates successful business owners from… everyone else.

The willingness to persevere is key – in life, love, and business.

Justin Kan, the co-founder of Twitch.tv, says: “90% of start-ups fail because the founders get bored, discouraged, or something else, and they move on to other things.”

If you’re starting something, you should believe in it. This is your LIFE we’re talking about, right now. Jumping one ship and onto another two weeks from now is a waste of time, money, and resources.

7. Ignore Naysayers

People love to criticize and argue. Everyone is an expert on something. You could be Jesus Christ reincarnated and you’ll be insulted.

Because the truth is, you can turn bad feedback into something good. Turning “this product lacked a way to X” into “now I can X and this product is great!”

Every now and then, though, people are going to tell you that you can’t do something. We invent a hundred and a million reasons for not doing something new. A lot of the times, the people who tell you “no” are the people who gave up on their own dreams a long time ago.

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It’s the sad, flabby “If I can’t have goals and desires, no one can” sack of pitiful waste. I’ve seen it over, and over, and over. It has no place in your life. Get rid of it. Get rid of the people it comes from.

8. What’s Your Exit Strategy?

Have an exit strategy when it’s time to sell. It is never a wrong time to have an exit strategy. YouTube sold itself to Google, do you remember that? Do you think YT’s co-founders ever thought that would happen?

Business is an art: and requires strategic moves to make your business look sexy to people looking to own it. Know when to sell your start-up to acquire maximum profit.

9. Evaluate Your Strengths

Being a jack-of-all-trades rarely works. Really settle into a niche you know for certain you can dominate, and superglue your time and effort to it. What can you do that your colleagues and competitors can’t? Utilize that; you’re an asset.

Evaluating your strengths just may help you single out your weaknesses – which is awesome. The most successful business owners always improve themselves. Knowing just where you can improve? It’s a win-win.

10. “Just Sell The Damn Thing”

What this means is: stop thinking, stop analyzing, and just get down in the trenches and grind yourself to the bone. Roll up those shirts and get to making those hours of plans a reality.

Why make money tomorrow when you can make money today? Get it done. Do it, for yourself. For the people who need you.

Last Word of Advice

I hope you’re in this for the long haul – because it is a massively time-consuming business, running a business. I hope you keep your head down, grind hard, and see a fortune doing what you love.

Featured photo credit: pexels.com via pexels.com

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Last Updated on November 15, 2018

Success In Reaching Goals Is Determined By Mindset

Success In Reaching Goals Is Determined By Mindset

What do you think it takes to achieve your goals? Hard work? Lots of actions? While these are paramount to becoming successful in reaching our goals, neither of these are possible without a positive mindset.

As humans, we naturally tend to lean towards a negative outlook when it comes to our hopes and dreams. We are prone to believing that we have limitations either from within ourselves or from external forces keeping us from truly getting to where we want to be in life. Our tendency to think that we’ll “believe it when we see it” suggests that our mindsets are focused on our goals not really being attainable until they’ve been achieved. The problem with this is that this common mindset fuels our limiting beliefs and shows a lack of faith in ourselves.

The Success Mindset

Success in achieving our goals comes down to a ‘success mindset’. Successful mindsets are those focused on victory, based on positive mental attitudes, empowering inclinations and good habits. Acquiring a success mindset is the sure-fire way to dramatically increase your chance to achieve your goals.

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The idea that achieving our goals comes down to our habits and actions is actually a typical type of mindset that misses a crucial point; that our mindset is, in fact, the determiner of our energy and what actions we take. A negative mindset will tend to create negative actions and similarly if we have a mindset that will only set into action once we see ‘proof’ that our goals are achievable, then the road will be much longer and arduous. This is why, instead of thinking “I’ll believe it when I see it”, a success mindset will think “I’ll see it when I believe it.”

The Placebo Effect and What It Shows Us About The Power of Mindset

The placebo effect is a perfect example of how mindset really can be powerful. In scientific trials, a group of participants were told they received medication that will heal an ailment but were actually given a sugar pill that does nothing (the placebo). Yet after the trial the participants believed it’s had a positive effect – sometimes even cured their ailment even though nothing has changed. This is the power of mindset.

How do we apply this to our goals? Well, when we set goals and dreams how often do we really believe they’ll come to fruition? Have absolute faith that they can be achieved? Have a complete unwavering expectation? Most of us don’t because we hold on to negative mindsets and limiting beliefs about ourselves that stop us from fully believing we are capable or that it’s at all possible. We tend to listen to the opinions of others despite them misaligning with our own or bow to societal pressures that make us believe we should think and act a certain way. There are many reasons why we possess these types of mindsets but a success mindset can be achieved.

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How To Create a Success Mindset

People with success mindsets have a particular way of perceiving things. They have positive outlooks and are able to put faith fully in their ability to succeed. With that in mind, here are a few ways that can turn a negative mindset into a successful one.

1. A Success Mindset Comes From a Growth Mindset

How does a mindset even manifest itself? It comes from the way you talk to yourself in the privacy of your own head. Realising this will go a long way towards noticing how you speak to yourself and others around you. If it’s mainly negative language you use when you talk about your goals and aspirations then this is an example of a fixed mindset.

A negative mindset brings with it a huge number of limiting beliefs. It creates a fixed mindset – one that can’t see beyond it’s own limitations. A growth mindset sees these limitations and looks beyond them – it finds ways to overcome obstacles and believes that this will result in success. When you think of your goal, a fixed mindset may think “what if I fail?” A growth mindset would look at the same goal and think “failures happen but that doesn’t mean I won’t be successful.”

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There’s a lot of power in changing your perspective.

2. Look For The Successes

It’s really important to get your mind focused on positive aspects of your goal. Finding inspiration through others can be really uplifting and keep you on track with developing your success mindset; reinforcing your belief that your dreams can be achieved. Find people that you can talk with about how they achieved their goals and seek out and surround yourself with positive people. This is crucial if you’re learning to develop a positive mindset.

3. Eliminate Negativity

You can come up against a lot of negativity sometimes either through other people or within yourself. Understanding that other people’s negative opinions are created through their own fears and limiting beliefs will go a long way in sustaining your success mindset. But for a lot of us, negative chatter can come from within and these usually manifest as negative words such as can’t, won’t, shouldn’t. Sometimes, when we think of how we’re going to achieve our goals, statements in our minds come out as negative absolutes: ‘It never works out for me’ or ‘I always fail.’

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When you notice these coming up you need to turn them around with ‘It always works out for me!’ and ‘I never fail!’ The trick is to believe it no matter what’s happened in the past. Remember that every new day is a clean slate and for you to adjust your mindset.

4. Create a Vision

Envisioning your end goal and seeing it in your mind is an important trait of a success mindset. Allowing ourselves to imagine our success creates a powerful excitement that shouldn’t be underestimated. When our brain becomes excited at the thought of achieving our goals, we become more committed, work harder towards achieving it and more likely to do whatever it takes to make it happen.

If this involves creating a vision board that you can look at to remind yourself every day then go for it. Small techniques like this go a long way in sustaining your success mindset and shouldn’t be dismissed.

An Inspirational Story…

For centuries experts said that running a mile in under 4 minutes was humanly impossible. On the 6th May 1954, Rodger Bannister did just that. As part of his training, Bannister relentlessly visualised the achievement, believing he could accomplish what everyone said wasn’t possible…and he did it.

What’s more amazing is that, as soon as Bannister achieved the 4-minute mile, more and more people also achieved it. How was this possible after so many years of no one achieving it? Because in people’s minds it was suddenly possible – once people knew that it was achievable it created a mindset of success and now, after over fifty years since Bannister did the ‘impossible’, his record has been lowered by 17 seconds – the power of the success mindset!

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