1. Do What You LOVE To Do
What you get out of your business – personal satisfaction, financial gain, stability and enjoyment – is the sum of what you put into your business. So if you don’t enjoy what you’re doing, it’s safe to assume that negativity will be reflected in the success of your business and,chances are, you won’t succeed. If you want to be successful, it is important to do something you are passionate about and LOVE to do.
2. Do The BEST You Can Do
You cannot expect to be effective and successful unless you truly believe in your business and in the goods and services that you sell. Far too many entrepreneurs fail to take their own businesses seriously enough. They are easily sidetracked and have trouble staying motivated.
This causes them to fall prey to naysayers who don’t take them seriously because they don’t work in a traditional office setting. Little do these skeptics know, the number of people working from home, and making very good annual incomes, has grown by leaps and bounds in recent years. Don’t be discouraged or distracted by your environment. Doing the BEST you can do for your business everyday is what leads to success.
3. PROMOTE As Much As Possible
One of the greatest myths about personal or business success is that eventually your business, personal abilities, products or services will be discovered and embraced by the masses, which will lead to increased sales and success. But how can this happen if no one knows who you are, what you sell, and why they should buy your product?
Self-promotion is one of the most beneficial, yet underutilized, marketing tools that the majority of home business owners have at their immediate disposal. Don’t sit by and wait for people to find you! PROMOTE your business in any way possible.
4. Level The Playing Field With TECHNOLOGY
You should avoid getting overly caught up in the high-tech world, but you should also know how to take advantage of using it. One of the most amazing aspects of the internet is that a one or two person business operating from a basement can have a superior website than a $50 million company, and nobody knows the difference.
Make sure you’re keeping up with the high-tech world as it suits your needs… The best technology is that which helps you, not that which impresses your neighbors. Use TECHNOLOGY to grow and expand your business and keep up with your competitors.
5. Build A Top-Notch Business TEAM
No one person can build a successful business alone. It’s a task that requires a team that is as committed as you are to the business and its success. Your business team may include family members, friends, suppliers, business alliances, employees, sub-contractors, industry and business associations, local government and the community. Of course the most important team members will be your customers or clients. Any or all may have a say in how your business will function and a stake in the future of your business.
Be sure to only work with people who are passionate about your mission and product or service. Build a TEAM of people who will work hard to make you business successful.
6. Become Known As An EXPERT
When you have a problem that needs to be solved, do you seek just anyone’s advice or do you seek an expert in the field to help solve your particular problem? Obviously, you want the most accurate information and assistance that you can get.
People naturally seek an expert to help solve their problems. When the hot water tank leaks, you call a plumber. You enlist the service of a real estate agent when it’s time to sell your home. And, you see a dentist when you have a toothache. Therefore, it only stands to reason that the more you become known for your expertise in your business, the more people will seek you out to tap into your knowledge. Become known as an EXPERT to create more selling and referral opportunities.
7.INVEST In Yourself
Top entrepreneurs buy and read business and marketing books, magazines, reports, journals, newsletters, websites and industry publications, knowing that these resources will improve their understanding of business and marketing functions and skills.
They join business associations and clubs, and they network with other skilled business people to learn their secrets of success and help define their own goals and objectives. Top entrepreneurs attend business and marketing seminars, workshops and training courses, even if they have already mastered the subject matter of the event. They do this because they know that education is an ongoing process. There are usually ways to do things better, in less time, and with less effort, so INVEST in yourself and your business by keeping up with all of the current trends in your field.
8. Build A Rock-Solid REPUTATION
You can’t simply buy a good reputation; it’s something that you earn by honoring your promises. If you promise to have the merchandise in the customer’s hands by Wednesday, you have no excuse not to have it there. If you offer to repair something, you need to make good on your offer.
Consistency in what you offer is the other key factor to building your REPUTATION. If you cannot come through with the same level of service (and products) for clients on a regular basis, they have no reason to trust you . . . and without trust, you won’t have a good reputation or success.
9. Master The Art Of NEGOTIATION
The ability to negotiate effectively is unquestionably a skill that every entrepreneur must make every effort to master. In business, negotiation skills are used daily.
Always remember that mastering the art of NEGOTIATION means that your communication skills are so finely tuned that you can always orchestrate a win-win situation. These win-win arrangements mean that everyone involved feels they have won, and everyone walks away with something they want, which is really the basis for building long-term and profitable business relationships.
10. Grab ATTENTION
Small-business owners cannot waste time, money and energy on promotional activities aimed at building awareness solely through long-term, repeated exposure. If you do, chances are you will go broke long before this goal is accomplished. Instead, engage in several promotional activities that put money back in your pocket so that you can continue to grab more ATTENTION and grow your business.
With no doubt, K1 is still “The Richest Person in The World,” due to doing his assignments from his rich bible to keeping his rich identity as the richest person in the world. He has defined the RICH concept based on the anagram, RICH, and wrote the book on the concept, I’m The Richest Person In The World which is known as “The Rich Bible” of rich people. As the founder of K1 Academy, K1 has also written a book on marketing called, How To Rock At Sales? He is a business diagnostic expert and known as the richest person in the world by 1000′s worldwide. K1 has never worked for anybody else throughout his career. Steve Jobs is his INSPIRATIONAL mentor and has had the biggest impact on his life because he believes that he can change the world. www.K1Academy.com