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Your Business Will Grow Quickly If You Have These 10 Beliefs

Your Business Will Grow Quickly If You Have These 10 Beliefs

Business success depends on a number of factors. Some entrepreneurs make progress based on technical innovations. Many others build companies by offering a service or product that is clearly superior to everything else on the market. No matter what industry you are in, your business beliefs make a tremendous impact. Our beliefs shape our decisions about our business, especially when we are under pressure. If you have the following 10 beliefs, your business is guaranteed to improve.

1. You choose your own goals.

The determination to choose your own business goals makes a significant impact. Many in the corporate world wait passively for their goals to be assigned by senior management. If your investors and bankers require you to meet certain goals, there’s no need to limit yourself to those goals. Set at least one business goal based on your interests and desires.

What goals should you consider? Many people choose to focus on career goals (e.g. gain a promotion, land a new job). However, Michael Hyatt—creator of the 5 Days to Your Best Year Ever goal setting program—recommends a blend of goals to cover business (e.g. increase revenue), health (e.g. run a marathon), personal development (e.g. read 30 books) and relationships (e.g. take a “bucket list” trip to Europe with your spouse).

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2. You build positive relationships and partners.

Running a business requires supportive relationships. When you’re first starting out, take the time to build good relationships with your customers. Before long, you will find out that customers who like you are much more likely to bring new business to you. At this point, you may be wondering how exactly to create a positive business relationship. While every relationship is different, most positive relationships share the following qualities:

  • You learn how to detect negative cues: Noticing the lack of an activity can be an early warning sign that the relationship is in trouble (e.g. your business partner takes three days to return your calls instead of two).
  • You practice the art of active listening: Listening effectively is a complex skill but you can become better by using active listening techniques.
  • You look for ways to help others reach their business goals: introduce your business associates to new people, share books, share articles: there are many ways you can help people reach their business goals.

3. You have a humble attitude to learn about business.

Many writers stress the importance of confidence in business. Yet, over confidence has caused many companies to fail in recent years. When you have a humble approach to business, you stay open to new ideas and different solutions. When you are humble, you tend to ask more questions about business. You ask for business book recommendations, you realize that your plans will have to change with new information and you understand that staying curious is a key to success.

4. You take thoughtful risks.

How do you feel about risk in the business world? Some entrepreneurs feel the urge to vet everything on the success or failure of a single transaction. If that level of risk unsettles you, then you are in good company. Some of the most successful people in business put serious thought into managing risk.

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When Richard Branson, the noted British entrepreneur and billionaire, launched his airline in the 1980s, he thought through risk and created the following creative deal:

Once I had negotiated the price for a second hand 747 from Boeing, I said to them that if Virgin Atlantic wasn’t successful, then I wanted to be able to hand the plane back at the end of the first year—therefore protecting the downside. (Best Advice: Protect the Downside by Richard Branson)

Here are two other ways you can increase your ability to take risks:

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  • Apply the art of rejection therapy: the risk of rejection keeps many people from reaching business success. Jia Jiang went through 100 days of rejection—his experience shows how you can grow by overcoming the risk of rejection.
  • Practice risk management in your life to keep your health, finances and career in good condition. It is easier to take risks in business if you are keeping managing your health!

5. You are grateful to customers, suppliers, and others who support your business.

From time to time, it pays to sit back and be grateful for suppliers and customers. In fact, a gratitude habit is one of the best ways to maintain your mental health. We all know that the business world is stressful so this belief keeps you going through difficult times.

6. You strive for growth in every experience.

Business brings disappointment and frustration. A key employee resigns just when you need them. Several customers abandon you. Your belief in these times of difficulty will keep you going. Researcher Carol Dweck, author of Mindset: The New Psychology of Success, has demonstrated that a growth mindset leads to success.

7. You believe in yourself and your business.

Critics are everywhere. As Theodore Roosevelt pointed out in his famous “Man In The Arena” speech, it is not the critic who counts. When you put in the time and effort to build your company’s products and services, take pride in what you have achieved! When you move forward with confidence in your business, you will make more sales than the person who is consumed with doubt and worry.

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8. You are proactive in managing your calendar.

What do you believe about your time? It’s an easy to question to answer. Think about how you used the first two hours of the day yesterday. Did you open email and start reacting to messages? That’s an easy way to become reactive and lose control of your day. Even worse, constant email checking trains your mind to be reactive to other people, rather than act on your own goals.

When you adopt a proactive attitude to your calendar, your business will start to take off. That’s why many of the most successful people in business have morning routines—they get up early for exercise, reading and meditation. Schedule at least one hour a day to work on your most important projects—creating a new product or reviewing your progress on your annual goals.

9. You have a healthy attitude about conflict.

In a business class I took, the instructor once said “never forget that buyers and vendors have different objectives.” That’s true! Competing objectives is one of the sources of conflict. You may also encounter sharply different approaches to work. When you have realistic beliefs about conflict, you can move forward to develop solutions. For the best results, look for ways to collaborate to solve a problem.

  • Do you have employees or contractors to manage? Experts estimate that managers spend 30% of their time working on conflict. If you spend anything like that amount of time on conflict, then it pays to become more effective.
  • To reduce legal expenses, consider using alternate dispute resolution (ADR) in contracts with suppliers and partners.

10. You understand the importance of ownership.

Ownership is one of the most important beliefs in business. In a financial context, maintaining ownership of your company keeps you in charge. Broadly speaking, working with an owner’s mind means that you own your choices. When you take responsibility, you can fully celebrate your victories!

Featured photo credit: Young man with laptop in hand running on meadow with dandelions via shutterstock.com

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Bruce Harpham

Bruce Harpham is a Project Management Professional and Founder and CEO of Project Management Hacks.

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Last Updated on February 19, 2019

How to Break Bad Habits: I Broke 3 Bad Habits in Less Than 2 Months

How to Break Bad Habits: I Broke 3 Bad Habits in Less Than 2 Months

The cycle of bad habits is what keeps us living small and stops us from reaching our true potential. Breaking a bad habit isn’t as hard as it seems; despite being a CEO of a company and raising two children, I still managed to break 3 bad habits I had within 2 months. Yes, that’s quitting one habit in less than 21 days.

I took steps to eliminate them one at a time. Habits such as drinking Coke every day, slouching when sitting and not having a consistent exercise routine.

So how did I break these habits? I used the Control Alternate Delete Method (Ctrl Alt Del).

What is this method and why is it so effective? Read on to find out how to break bad habits with this unique method.

How to break bad habits with the Control Alternate Delete Method

    We all notice on some level what our bad habits are. A lot of the time we choose to ignore the negative ways these impact us.

    For me, I was sitting most of the day in front of my computer at work in a slouching position. I drank Coke every single day in an attempt to stay awake. I put off any kind of exercise regime because I felt that it was better to just relax and have fun after a whole day of work. As a result, I was leading a really unhealthy lifestyle suffering from weight gain and back pain.

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    I needed to make a change.

    I started to read books about building habits such as The Power of Habit by Charles Duhigg, The One Thing by Gary W. Keller and Jay Papasan, and The Now Habit by Neil Fiore. After reading all these books, I’ve come up with my own method to quit bad habits — The Ctrl Alt Del Method.

    I started by focusing on just one bad habit, the first one being the sheer amount of Coke I was consuming each day.

    Every day I applied the Ctrl Alt Del Method and after two weeks, not only did I stop drinking Coke every day (I only drank one can in 2 weeks), but I started the better habit of drinking 8 glasses of water every day instead.

    After eliminating one bad habit, I moved on to the other two with this same method and a month later I was:

    • Hitting the gym twice a week.
    • Improving my sitting posture, not only at the office but also at home and everywhere else, improving my back pain.
    • Gaining core muscle which improved my back pain as well.
    • Losing fat around my waist which went from 36″ (considered obese level) to 32″ (normal level).

    If I can improve my life using this method, then so can you. Using this structure to eliminate your bad habits will increase your success and replace your bad habits with more positive ones.

    Control: Master your desire

      Identify your triggers

      Bad habits such as drinking alcohol, smoking and snacking too much trigger the release of dopamine, a feel-good chemical in the brain.[1] Although you might not like the end result, they give you a positive outcome in the moment. This is pure psychology.

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      It’s important to identify what is triggering you to continually act out your bad habit. This isn’t always an easy step because our habits have been built up over a long period of time.

      If you need help in identifying your triggers, here’s a list of common bad habits and their triggers: 13 Bad Habits You Need to Quit Right Away

      Self-reflect

      To help you work out your triggers, do a bit of self-reflection. Ask yourself questions such as:

      • What comfort are you getting from this habit?
      • Why do you need comfort?

      For example, I chose to drink coke because it tasted good and it made me feel good when I was stressed. I slouched only when I sat for too long working on my desk and started to feel tired. I skipped exercises because every day after work I felt I already did enough works and didn’t want to work out.

      If you choose to eat fast food every night, you’re probably telling yourself you’re too busy to cook. But ask yourself why? What are your priorities?

      Maybe you have a lack of self-worth that means you don’t have the self-love to want to look after your health. Perhaps it’s a sign you’re not making enough time for important routines like shopping and creating a healthy meal yourself. Maybe you’ve always had a belief that you’re a bad cook.

      Write a diary

      Write down your thoughts and feelings around this bad habit. Writing things down forces the brain to think harder.[2] This helps you to find the source to your stress or limiting negative beliefs.

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      Alternate: Find a replacement

        Find a positive alternative habit

        Once you think you’ve discovered your trigger, try to find a similar but healthy option. This is where I replaced Coke with lemon water; slouching with simply taking a walk and stretching my back every hour; and chilling at home after work with workout exercises that I actually found fun.

        You could decide to walk to the office instead of driving or getting off the bus earlier to walk. You could switch to a healthier breakfast cereal instead of grabbing a sugary snack when you head out of the door.

        By doing this, you aren’t getting rid of the act altogether like you would if you completely gave something up with nothing to fill that void. This helps your brain accept the improved habit more.

        Create a defence plan

        Everyone has moments of weakness and that want to revert back to the bad habit will rear its ugly head. This is where a plan can help counteract these moments.

        Think of things you can do when the temptations come. For example, if you want to check your phone less, ask your friend or partner to keep it for you or switch it off and read a book. If you’re a starter for an exercise routine, like me, get someone to do it with you to keep you accountable.

        Decide on something you will do once you feel triggered to go back to your old habit. Repeating these positive alternative habits consistently will help wire your brain to see them as your normal new habit over time.

        Delete: Remove temptations

          Remove stuff that reminds you of the bad habit

          Getting rid of anything that reminds you of your bad habit is essential. For example, I got rid of coke in my office and at home and replaced my usual office chair with an exercise ball. It makes it much easier to stop slipping back in a weak moment.

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          Avoid all kinds of temptations

          In the same vein, avoid places or people that you know will tempt you back into that bad habit. Don’t go to the supermarket on an empty stomach to avoid the temptation to buy trashy snacks, don’t drive past that fast food joint but find an alternative route instead, say no more often to the friend you know will get you drunk again this weekend.

          It’s all about not putting yourself in the situation where you’re in danger of relapsing.

          Conclusion

          The Control Alternate Delete Method uses the right steps you need to overcome your need to indulge in your bad habits. Working with your core psychology, emotions and feelings behind your actions is what makes this method effective and easy to apply to all bad habits you have.

          Bad habits are easy to form and making changes can seem difficult but remember that it’s all about consistency and repetition.

          Start using the Control Alternate Delete Method today and you can stop a bad habit permanently.

          What bad habit do you want to put a stop to once and for all? You must set aside time and pick one bad habit to focus on. Start using the steps to increase and maintain more positivity in your life moving forward.

          More Resources About Changing Habits

          Featured photo credit: Picjumbo via picjumbo.com

          Reference

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