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4 Bulletproof Strategies That Are Key to Achieving Your Lifelong Entrepreneurial Goals

4 Bulletproof Strategies That Are Key to Achieving Your Lifelong Entrepreneurial Goals

The most successful entrepreneurs are driven, highly motivated and goal-oriented individuals. They always have a clear vision of what their end-goal is, whether it’s being the most dominant player in the industry or offering a unique service that others have shied away from. Merely starting a company is not enough to have a successful career. You need to be able to sustain it. Sadly, 90% of startups fail within the first 5 years, and only 10% are able to find success. At times, failure comes due to poor planning, at times due to sheer bad luck.

While the new government is said to be planning to change some rules regarding businesses, the basic formula for success remains the same. Without much ado, let’s have a look at what you need to find success in this the business world.

1. Clearly List Short and Long-term Goals

Setting goals is one thing, but do you plan to track them with the passage of time? Do you have any systems in place to keep you on track?

So you’ve listed down your goals. That’s great! You now need to break them up in increments, setting up short-term goals that will act as a platform for achieving long-term goals.

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Write down what goals you’re accomplishing this year. Take a step back and think… is there anything in particular you should be doing this month in order to meet that goal? Think again – what should you be doing this week that will take you a step closer to your monthly goal?

A number of entrepreneurs tend to fail when it comes to achieving goals because their thought process or strategies are flawed. They may be setting goals, but it doesn’t quite inspire them to aim high or set unusually high expectations. Don’t fall for that. Be practical and set attainable goals, and continue to track those goals.

2. Set Deadline-oriented Milestones

So you have clearly articulated goals but it doesn’t end there – you’re not just in the business of setting goals but achieving major milestones. Pick a realistic timeframe and estimate by what date you’ll be achieving a particular milestone.

In addition, set intermediate milestone periods to act as reference points along your entrepreneurial journey. For example, if you plan to gain about 20% market share in the first quarter, the goals revolving around that will take you to your very first milestone. Done! Cross it off your list and move on to the next one. Keep your chief milestone in mind all the while.

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Remember, there’s no such thing as unachievable goals, only unachievable deadlines. Give yourself time, stick to that timeframe and deliver the goods.

3. Don’t Run Away From Change

Every year holds promise – new technology and trends, legislation, ever-changing needs of consumer groups and industries, etc.

New innovations in the market might completely change consumer behavior.

If you’re far-sighted enough to realize that change is inevitable and you’ll need to embrace it, you are in the black. For example, what are your customers talking about? What do they desire the most? Are there any real benefits you can add to the marketplace?

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Try to be on top of these things and you’ll achieve one of your greatest lifelong goals as an entrepreneur: continuing to generate revenues and having people approach you as “the go-to guy”.

4. Come to Terms With Your Purpose

It doesn’t matter if you’re a solo entrepreneur or an entire corporation – this one is absolutely critical for long-term success.

Aside from the generating revenue bit, you really need to know why you’re in this. And this sense of purpose and vision needs to be shared all across your team.

Sit down with a cup of coffee, find a nice view to gaze at and think about how you want to bring change into the world. How will your product change lives? Is your primary purpose just to educate and spread awareness or do you also want to add a touch of luxury and convenience to people’s lives?

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You will probably not come across a single successful entrepreneur today who hasn’t made it big without a well-defined purpose. You see, when you define a purpose for doing business, you’re setting a standard for what direction you need to move in.

So once you have set clear and measurable goals, sync them with your purpose and then stick to your guns.

In the entrepreneurship game, you need to have a sense of purpose and fulfill that purpose through meaningful goals which will help you reach your end goal or grand finale, if you will. Embrace change when needed and honor your deadlines to achieve lifelong success as an entrepreneur.

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Ahmed Raza

CEO of Samurais.co

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Last Updated on November 5, 2019

How to Use Visual Learning to Work More Effectively

How to Use Visual Learning to Work More Effectively

Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

The Importance of Knowing Your Learning Style

Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

But it all starts when you’re able to first identify the best way you learn.

As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

The four most popular types of learning styles are:

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  • Visual learning style (what this article talks about).
  • Aural or auditory learning style (learning by listening to information presented).
  • Verbal or linguistic learning style (learning that involves speech and writing).
  • Tactile learning style (learning by touching and doing)

But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

How to Know If You’re a Visual Learner?

When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

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By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

How to Use Visual Learning for Success

Here’re 4 ways to use visual learning to boost your career or business:

1. Bring back the to-do list. Then add shapes and colors to boost productivity.

We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

2. Add graphs, charts and symbols to your reports.

Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

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And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

3. Effectively brainstorm with mind-mapping.

Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

4. Add video streaming to meetings.

What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

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When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

Is Visual Learning Better Than Other Learning Styles?

No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

More About Learning Styles

Featured photo credit: Unsplash via unsplash.com

Reference

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