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How to Improve Your Business Outlook in 8 Simple Steps
I’ve lost count as to how many times I’ve read and heard of new businesses failing almost daily. It seems strange that we often see the ads with the quietly confident figures looking rich and successful. The ads usually depict smiling great looking people living the fairytale life of riches and glamor. Sorry folks, successful business ventures demand 70% hard work, 20% smart work and 10% lucky break.
I suppose we all have to face reality at some time and face the fact that working your business means – working your business. The hidden issue about business success is the psychology behind business success. People who tie their self esteem to their position in life or the job they do can have their ego crushed when they first face the inevitable crisis of business management. Whether it is cash flow, employees, taxes, production or marketing; business owners are constantly facing down new and challenging situations. There is no magic business that doesn’t have issues to confront on a regular basis.
I’ve met with very intelligent men and women who have started businesses based on their expertise in their fields. They find out very quickly that their specific expertise is not enough to succeed in business. So what does it take to be a cut above the rest? Here are some of the things you can think and improve on that should be enough for a week. They are working under the assumption that running a successful business requires a lot of product or service knowledge. It also requires a flexible outlook.
The problems arise when they have to face unknown or unfamiliar challenges. The mental outlook of the entrepreneur is that of the tough as nails pioneer who overcomes all obstacles to get to the financial mountaintop.
Successful entrepreneurs also tend to develop a positive and open attitude when it comes to problem solving. They encounter lots of problems. Here are 8 essential factors to consider if you’ve been feeling a bit overwhelmed in your business.
Identify the obstacles
Everyone who has been in business has dealt with challenges and obstacles. There are several solutions to every problem. Keep your composure and realize that obstacles bring out your creative problem solving skills. The more difficult the obstacle to overcome, the greater the satisfaction when the solution is found.
Identify your purpose
Are you wandering through life with little direction – hoping that you’ll find happiness, health and prosperity? Identify your life purpose or mission statement and you will have your own unique compass that will lead you to your truth north every time.
Identify your values
What do you value most? Make a list of your top 10 values. Some examples are honesty, security, openness, freedom, family, spiritual development, learning, social conscience, service, resourceful. Check your goals against your values. If the goal doesn’t align with any of your top 10 values – you may want to reconsider it or revise it.
Pay close attention to your inner self
Increase your awareness of your intuition. Spend time with your self. Commune with nature when you can. Breathe deeply to quiet your distracted mind. It’s difficult to find the peace and quiet we want it so take it when you can. I tend to take my quiet time during my morning walks. Working out or performing in a sport that brings you into the moment Find a practice that takes you away from the complexity of your business and allows you to experience a difference perspective.
Identify your needs
Identify your life purpose or mission statement and you will have your own unique compass that will lead you to your truth north every time. Your business should conform to your psychological needs. If you feel that your self esteem is low or you aren’t meeting your true potential, search for what you want.
Identify your passions
You may not have achieved your goals yet. You may not even know exactly what makes you tick. The act of searching for your passion will get you closer to it. You can examine the dreams and fantasies you had as a child; take time to dream. You’ll find that your business will benefit from your expansive vision.
Seek to serve others
If you examine your business and find that your profits are low, perhaps your focus is on making a living more than serving your market. There is a saying, that if you want to get rich and stay rich, give a whole lot of people what they need to solve their problems.
Celebrate your strengths
What are your positive traits? What special talents do you have? List three – if you get stuck, ask those closest to you to help identify these. Are you imaginative, witty, good with your hands? Find ways to express your authentic self through your strengths. You can increase your self-confidence when you can share what you know to others.
Self-improvement is indeed one type of work that is worth it. It shouldn’t always be within the confines of an office building, or maybe in the four corners of your own room. The difference lies within ourselves and how much we want to change for the better.
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Source by Dennis Francis