Business Startup Mistake # 2 – Not Choosing the Right People

Business Stratup - Failure or Success

That depends on whether or not you will avoid the two biggest mistakes that most business startups are bound to face:not creating a business system and not choosing the right people to implement the system.

A system without the right people to manage it is like a ship manned by drunken sailors, unmanageable and destined to hit the rocks. Choosing the right kind of people to manage a system is essential and will maximise your chances of success. Interviewing and selecting people is going to be a key part of your job as a business owner.

If both the system and the people building the system are flaky then the chances of failure are great.

Once you have selected the right kind of people,the work doesn’t stop there. You will be required to manage and lead your people often at the same time - motivating, monitoring, measuring and rewarding.

Motivation is an art, measurement is a science, monitoring is a skill, rewarding is fun! People are generally motivated by personal reward which in general takes the form of financial remuneration, job security etc. However, the best form of motivation is giving someone a simple compliment. And it doesn’t cost you a dime. Being genuine and saying something as simple as “well done, I like how you did that job” will do more for motivating your people and strengthening your business than any amount of cash reward.

In my view, your people are your biggest asset, not your customers. Properly motivated and managed people will crawl over broken glass for a good quality organisation with good leadership. Indeed, for the business owner, unlocking people’s potential is an extremely gratifying experience.

Finding the sweet spot between personal reward and organisation benefit is the key to success.

Find out more business startup success secrets at www.MillionaireMindsetSecrets.com for FREE and get access to a wealth of resources to help you build and grow your business.

Business Startup Mistake # 1 - Not Creating the Business System

Starting a business throws up many opportunities and challenges on a daily basis.

You are both head chef and chief bottle washer; creating the vision, devising your sales and marketing strategy, raising sufficient finance to fund the businesses growth etc. Now, add devising a whole business system into the mix and you’re gonna be knee-deep in a whole lotta challenges.

One way of looking at is asking yourself would you be better off investing time and money into building a pipeline(i.e. a system) rather than hauling buckets (i.e. no system). A lot of entrepreneurs have not worked in large systemised business or franchise operation before so they find it very testing and almost impossible to devise and implement a business system. Most small businesses are therefore hauling buckets.

The whole purpose of creating a business system is to allow you tocreate a business that will quickly run itself without your own day-to-day involvement. For most small business owners this is merely a pipe dream. The reason this happens is that not enough time is invested up front devising the systems to run the business. So avoid the mistake that 99% of self-employed business owners.

Read The E-Myth by Michael Gerber to help your find out more about what’s involved in creating your own business system. Finally, rather than trying to build a business system you may want to consider buying a franchise instead.

Educating, training and mentorship is widely available to help you avoid making these typical startup mistakes. But, what could you right now do to avoid these 2 typical small business startup mistakes? Well, help is only a mouse click away. Why not sign up NOW for more business startup success secrets atwww.MillionaireMindsetSecrets.com for FREE and get access to a wealth of resources to help you build and grow your business.

Business Startup Success Secrets – 2 Big Mistakes You’ll Probably Make

The hardest part about building a business from scratch is that you have 2 very big variables to contend with. One is the system and the other is the people building and running the system.

Let’s talk about 2 big business startup mistakes that are often made and what you as an entrepreneur can do to avoid them.

Business Startup Mistake # 1 - Not Creating the Business System

The whole purpose of creating a business system is to allow you to create a business that will quickly run itself without your own day-to-day involvement. For most small business owners this is merely a pipe dream. The reason this happens is...(Read more on this in my next post)

Business Startup Mistake # 2 – Not Choosing the Right People

A system without the right people to manage it is like a ship manned by drunken sailors, unmanageable and destined to hit the rocks. Choosing the right kind of people to manage a system is essential and will maximise your chances of success. Interviewing and selecting people is going to be a key part of your job as a business owner. If both the system and the people building the system are flaky then the chances of failure are great. (Read more on this in my next post)

Educating, training and mentorship is widely available to help you avoid making these typical startup mistakes.

But, what could you right now do to avoid these 2 typical small business startup mistakes? Well, help is only a mouse click away. Why not sign up NOW for more business startup success secrets at www.MillionaireMindsetSecrets.com for FREE and get access to a wealth of resources to help you build and grow your business.

Success Secrets - How to Live Big & Regret Little Part 3

In a research of his, Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management) has asked 4,000 Retired Executives over the age of 70 the following question:

"If you could live your life all over, what would you do differently?"

They responded in common to 8 key areas that if they could live their life all over again, they would do so differently.
In my previous posts I listed the first 6 common areas of regret:

• Life Goals
• Health
• Money Management
• Family
• Personal Development
• Fun

Here are the remaining two common areas of regret and my thoughts on how to avoid it:

Regret # 7 – Career

“I would have planned my career”.

Key Message: Take control of your career and plan it out according to your life goals and vision. Get some career planning/life coaching if needed to help you clarify.

Regret # 8 – God and/or Community

“I would have lived in oneness with my God and or given more back to my community”.

Key Message: Connecting with your God, the higher self and servicing your community are facets of life that shouldn’t be ignored and bring about fulfillment.

So, what would you do differently NOW? Why not review this article again and decide now on how you can live your life differently. Have no regrets. Sign up NOW for more success secrets at www.MillionaireMindsetSecrets.com for FREE and get access to a wealth of resources to help you lead a more meaningful and successful life.

Success Secrets - How to Live Big & Regret Little Part 2

If you could live your life all over, what would you do differently?

This question was put to 4,000 Retired Executives over the age of 70 by Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management). They responded in common to 8 key areas that if they could live their life all over again, they would do so differently. In my previous post I reviewed the first three - Life Goals, Health, Money Management.

Here are the next three common areas of regrets and my thoughts of how to avoid it.

Source: pattieparsnips.com

Regret # 4 – Family

”I would have worked on quality family goals a lot more”.

Key Message: If you have family, consider the value of those relationships and the quality of your family goals. Be sure everything you do with your family is in sync with the 8 areas set out in this article.

Regret # 5 – Personal Development

“I would have spent more time on personal development”.

Key Message: Without personal development and growth it’s unlikely that you’ll be achieving your true potential. Seek out mentors, more training, education, seminars etc. and put knowledge into action to ensure your personal growth.

Regret # 6 – Fun

“I would have had a lot more fun in my life”.

Key Message: Even if you are very focused on achieving goals why not have a bit of fun at the same time. Add more fun to your day whether it’s at the workplace or at home.

Questions like those are a powerful and invaluable study on what’s really important in life. If you attend to these key areas in life you could ultimately look back on your life with no real regret and consider your life a true success story. How great is that!

Find out more on Success Secrets at www.MillionaireMindsetSecrets.com

Success Secrets – How to Live Big & Regret Little Part 1

Success – Living Your Life with No Regrets!

Everyone wants to be successful in life to a greater or lesser extent. Whilst success means different things to different people it’s fair to say there are some common characteristics. This article highlights the 8 key areas in life that people typically regret not having done differently.

“If you could live your life all over, what would you do differently?”

This is the very question that was put to 4,000 Retired Executives over the age of 70 by Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management). They responded in common to 8 key areasthat if they could live their life all over again, they would do so differently.

Here are the first three:

Regret # 1 – Life Goals

”I would have carved out life goals and owned my life”

Key Message: Life is not a dress rehearsal. It’s the real thing. Take charge of your life with goal setting. Fulfill your life purpose.

Regret # 2 – Health

“I would have taken better care of my health. I threw away health as though it were trash”.

Key Message: Health is wealth. People only realize how much it’s worth when they don’t have it. So, whether it’s having a better diet, reducing stress levels, going to the gym, taking a brisk walk etc., Look after your health and it will look after you.

Regret # 3 – Money Management

“I would have managed my money a lot more effectively”.

Key Message: Manage your own money. Don’t over-rely on your financial advisor, bank manager etc. It’s your money not theirs. Attain financial literacy and money management skills for yourself.

The purpose of asking a great question like this NOW is to get to the bottom of what really is important to you and your life. It may not in actual fact be what you previously thought was important

Read about the next key areas of regret and success in my next posts.

Find out more interesting and life changing Success Secrets atwww.MillionaireMindsetSecrets.com

Success Secrets – How to Live Big & Regret Little Part 3

In a research of his, Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management) has asked 4,000 Retired Executives over the age of 70 the following question:

“If you could live your life all over, what would you do differently?”

They responded in common to 8 key areas that if they could live their life all over again, they would do so differently.
In my previous posts I listed the first 6 common areas of regret:

• Life Goals
• Health
• Money Management
• Family
• Personal Development
• Fun

Here are the remaining two common areas of regret and my thoughts on how to avoid it:

Regret # 7 – Career

“I would have planned my career”.

Key Message: Take control of your career and plan it out according to your life goals and vision. Get some career planning/life coaching if needed to help you clarify.

Regret # 8 – God and/or Community

“I would have lived in oneness with my God and or given more back to my community”.

Key Message: Connecting with your God, the higher self and servicing your community are facets of life that shouldn’t be ignored and bring about fulfillment.

So, what would you do differently NOW? Why not review this article again and decide now on how you can live your life differently. Have no regrets. Sign up NOW for moresuccess secrets at www.MillionaireMindsetSecrets.com for FREE and get access to a wealth of resources to help you lead a more meaningful and successful life.

Success Secrets – How to Live Big & Regret Little Part 2

If you could live your life all over, what would you do differently?

This question was put to 4,000 Retired Executives over the age of 70 by Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management). They responded in common to 8 key areas that if they could live their life all over again, they would do so differently. In myprevious post I reviewed the first three - Life Goals, Health, Money Management.

Here are the next three common areas of regrets and my thoughts of how to avoid it.

Source: pattieparsnips.com

Regret # 4 – Family

”I would have worked on quality family goals a lot more”.

Key Message: If you have family, consider the value of those relationships and the quality of your family goals. Be sure everything you do with your family is in sync with the 8 areas set out in this article.

Regret # 5 – Personal Development

“I would have spent more time on personal development”.

Key Message: Without personal development and growth it’s unlikely that you’ll be achieving your true potential. Seek out mentors, more training, education, seminars etc. and put knowledge into action to ensure your personal growth.

Regret # 6 – Fun

“I would have had a lot more fun in my life”.

Key Message: Even if you are very focused on achieving goals why not have a bit of fun at the same time. Add more fun to your day whether it’s at the workplace or at home.

Questions like those are a powerful and invaluable study on what’s really important in life. If you attend to these key areas in life you could ultimately look back on your life with no real regret and consider your life a true success story. How great is that!

Find out more on Success Secrets at www.MillionaireMindsetSecrets.com

Success Secrets – How to Live Big & Regret Little Part 1

Success – Living Your Life with No Regrets!

Everyone wants to be successful in life to a greater or lesser extent. Whilst success means different things to different people it’s fair to say there are some common characteristics. This article highlights the 8 key areas in life that people typically regret not having done differently.

"If you could live your life all over, what would you do differently?”

Image Source: The Situationist Blog

This is the very question that was put to 4,000 Retired Executives over the age of 70 by Dr. Gerald Bell, University of North Carolina (Professor of Organizational Behavior and Management). They responded in common to 8 key areasthat if they could live their life all over again, they would do so differently.

Here are the first three:

Regret # 1 – Life Goals

”I would have carved out life goals and owned my life”

Key Message: Life is not a dress rehearsal. It’s the real thing. Take charge of your life with goal setting. Fulfill your life purpose.

Regret # 2 – Health

“I would have taken better care of my health. I threw away health as though it were trash”.

Key Message: Health is wealth. People only realize how much it’s worth when they don’t have it. So, whether it’s having a better diet, reducing stress levels, going to the gym, taking a brisk walk etc., Look after your health and it will look after you.

Regret # 3 – Money Management

“I would have managed my money a lot more effectively”.

Key Message: Manage your own money. Don’t over-rely on your financial advisor, bank manager etc. It’s your money not theirs. Attain financial literacy and money management skills for yourself.

The purpose of asking a great question like this NOW is to get to the bottom of what really is important to you and your life. It may not in actual fact be what you previously thought was important

Read about the next key areas of regret and success in my next posts.

Find out more interesting and life changing Success Secrets atwww.MillionaireMindsetSecrets.com