Can You Make a Start?

If you are a lucrative businessperson, you can easy acknowledge the opportunities and the entrepreneurship openings available. If you haven’t yet thought of going straight into the online environment, it is time to do so. Online entrepreneurship has become a trend nowadays and requires no actual space to get it going. The best part about starting a business online is that it requires minimal startup funding. All other companies have to acquire a physical space first and pay for it, the sums not being actually in their favor. Physical space is expensive and is an ongoing expense, but you won’t have to pay for such.

Create a Blog
You should seriously consider making yourself a name by setting up a blog. It doesn’t matter if at first it feels like you are just writing for yourself. When traffic is finally drawn your way, viewers will also take an interest in your older posts. Having such an archive is always useful. It gets them see you have a history, which is extremely important in building trust. Also, stay honest in whatever you write. Persuading people online is a different business and they easily catch on any lie. When you create a fake image, they will see through it.

Get Good Hosting
You need a hosting company when you have a website to set up. You have to find a reliable one from the start. It is necessary that you should inquire on existing options to find an appropriate one. Offers are usually similar therefore reviews will be of better help when deciding. You can make your own opinion, if you use the chat or contact feature of such company and then evaluate their response.

Consider All Online Locations
You have to go all the way to be successful. A simple website, even search engine optimized, may not pave your way to success. A business will require other locations as well. It is also important to create a presence within social networking sites where followers will gather. All of these will require maintenance and frequent updating therefore make sure you can handle such endeavor.

Check Your Mindset
The attitude and reactions you have in front of coming challenges determines the outcome. This is your mindset. Oftentimes, the battle is only in your head. You may harbor limiting beliefs and fear – fear of the unknown, of competition, etc. You need to be willing to step out of the comfort zone. All the education you’ve been getting may be rendered useless if you encounter such mental blockage. Once you have conquered new limits, you will be aware of the transformation that’s coming from within.

The Medici Success Formula

The daily tedium, stress and uncertainty of being an entrepreneur is a malady most of us are familiar with. For entrepreneurs generally, the most common mantra might be a variation on the theme, “Just let me get the business on an even keel, and then I will get the rest and enjoyment my labors deserve”.

Against this backdrop, the subject of this article might sound absurd, but if you want to truly stand out from the crowd, accomplish all of your financial objectives and realize your dreams, the best approach may be serial entrepreneurship.

I am not suggesting dilettantism: You cannot be a dabbler in any pursuit and expect to be successful. But once you have your first business operating effectively, efficiently, and making a predictable profit, why not hire management to replace yourself, and proceed forward toward your next venture?

Why? The answer can be found in history. Specifically, the history of the Medici family in the 15th Century, and the key to their many successes.

The Medici Effect

The Medici’s were a political dynasty and banking family, that found its initial success in the textile trade, branched into politics, and eventually inspired the Italian Renaissance… by creating an environment where artists, sculptors, poets, financiers and astute businessmen shared ideas and built serial successes by crossing disciplines. The Medici Bank became one of the most prosperous and respected institutions in Europe, transforming the Medici family into a bastion of wealth and prominence. The real key to their success, however, and with it the success of Florence, Italy, was not their genius or hard work, but rather their unique ability to transfer skills from one discipline to another.

A few years ago, an author named Frans Johannson, penned a short book entitled “The Medici Effect: Breakthrough Insights at the Intersection of Ideas, Concepts and Cultures.” The book’s key thought was that if you step into the intersection between divergent disciplines, new and very powerful ideas may be created. In a business context, if you transplant the pivotal ideas and methods you used in one successful venture into a totally different one, the result can be explosive. It is likely that your first success was due to your creativity, perseverance, and innovation… and not to your industry-specific knowledge. If that is true, then morphing into a new business is a unique way of capitalizing on those skills.

In today’s social media driven, online business climate, where starting a new enterprise, marketing it and developing traction can be done inexpensively and quickly, serial entrepreneurship makes perfect sense.

7 Tips Before You Start

To have your own business often seems to be the ultimate. The grass is, however, not always greener on the other side. It is important not to be blinded by the potential rewards. Do you have what it takes? You need the right skills, determination, financial backing, etc. There are also several serious and potential fatal risks. The following tips act as a guideline before you start your own business:

  1. Make sure that entrepreneurship is for you. Entrepreneurship is not for everyone. If you feel safer in your comfort-zone and are risk-averse the chances are that you are better off where you are – nothing wrong with that. Entrepreneurship needs passion, a certain amount of risk-taking and the motivation and dedication to succeed when everything seems to be against you.
  2. Understand the risks. Financial risk, including potential bankruptcy, is a real threat if things go wrong. Less obvious risks include social-, career- and psychological risks.
  3. Build a support structure. To have your own business can be quite tough at times. The more support you have the bigger the chances of surviving these times. It is worthwhile to make an effort to get your family and friends positive about the business.
  4. Get the right partners. It is often not advisable to embark on a business on your own (or even impossible). Good synergy between partners can drastically increase the potential of a business. Unfortunately many business partnerships don’t work and are often disastrous. Choose your partners very careful and ensure that legal contracts are in place for any potential “divorce” in the future.
  5. Prepare diligently. To have your own business generally means a lot of hard work. This should start with a proper feasibility study and business planning. Is there a big enough gap in the market that your business can fill? How will you do it? How will it be funded?
  6. Be realistic. A new business is never just moonshine and roses. It tends to take much longer than expected to breakeven and it needs much more resources (especially financially) than normally planned for. Reflect this in your cashflow planning.
  7. Get expert advice. When you lack specific skills it is much cheaper to pay for it in the beginning rather than later when the business does not work. The advice of auditors, attorneys, bankers, consultants and other experts should be sought where applicable.

What’s Behind This Economic Movement? Is it an Option For YOU?

Entrepreneurship is a business trend which for the last 30 years has gone mostly undetected. It is advancing more today than ever before in American history and is not likely to diminish as the country retools for the new economy. It might be helpful to understand something about entrepreneurs if you want to join their ranks.

The New Oxford Dictionary defines entrepreneur as “a person who sets up a business or businesses, taking on greater than normal financial risks in order to do so.” Most business schools are still geared to the BIG corporations, so the typical MBA can’t make a small business work. Fortune Magazine now publishes a small business edition; banks are creating special departments for small business, etc. It might surprise you to learn that women are the fastest-growing segment among entrepreneurs, and Hispanic women are the fastest-growing of all.

When Did This Trend Really Start?

One answer might go like this. When the pilgrims landed at Plymouth Rock, they didn’t come ashore looking for jobs. They were America’s first entrepreneurs. They went into the business of raising crops, building houses, hunting and trading with the friendly Indians. They created a new kind of life, which became a new kind of country that has changed our world.

Our Founding Fathers were entrepreneurs who financed the American Revolution to back up their principles expressed in the Declaration of Independence, and the freedoms of the Constitution and Bill of Rights. They never considered Americans would ever be composed of anything but independent business people.

In the early days, there was no assembly line and no automation. Notwithstanding that our forefathers engaged in slavery and a few bigger businesses took root in major cities, the majority of Americans were in business for themselves and our country was dominated by entrepreneurs who tamed the West.

When Did Things Reverse?

Beginning with the Industrial Revolution around the time of the Civil War, we slowly started moving toward being a country of employees. As this trend continued, people moved into large cities to be near the big factories and the companies that serviced these workers. Our school systems started to focus on training people to be employees and our schools began to resemble factories, starting and ending the children’s “shift” with the ringing bell.

However, this trend unexpectedly reversed during our lifetime – a change that has confused economists for decades. Perhaps the major business trend in the US since 1975 has been the steady move of Americans going into business for themselves. Americans have been going into business for themselves at an unprecedented rate since 1975. There was a time in American life when the major corporations ruled. No more – today they employ less than 20% of the work force. By the early 90’s the majority of US exports were produced by firms with fewer than 16 employees! Interesting that the corporate workforce is the most vulnerable in the new economy.

Generally, people become entrepreneurs to pursue a passion in life and to control their own destiny, but a lot of entrepreneurs have joined the movement simply to be free of the confines of being an employee.

Unfortunately, people start a business of their own, often without a workable business plan. Worse, they fail to clarify their purposes. They don’t set adequate clear policy, which kills them as they try to expand. The errors and mistakes cascade from there. The end result is that new entrepreneurs start out running their business and end up with their business running them. Their lives go out of balance.

There is a common reason for this. Most people who take the leap and go into business for themselves are skilled at only a few of the things a business owner has to know. There is a lot to know to make a business work; skills in leadership, personnel, sales and marketing, finance, quality control and PR are all required in addition to expertise in the company’s products or services. This could also be the primary reason that a high percentage of new businesses go under each year – not “under-financing” as frequently gets the blame. But it is true, when the economy gets tough, as it has recently, the things one doesn’t know really become a threat and funds to make a go of it can become very scarce without careful management of the business.

There are systems that can be learned to deal successfully with the problem areas, and if you use them, you can make entrepreneurship a very rewarding activity. Perhaps the happiest and most successful businesspeople around are those who manage to master each of the skills needed to run a successful business. Accomplishing that, they are free to concentrate on what they like to do most. Sound enticing? For some, I will wager nothing could be better. It is up to you.

A Perfect Solution of Unemployment

Unemployment is one of the biggest problems of this century. Problem is that population is increasing rapidly and so is the demand of employment. We do not have enough jobs to fulfill this demand. Unemployment is not the problem of a single country, but whole world is suffering from it. Recession is also the result of over population. Since we do not have enough resources to cop with the increasing demand, companies are not able to make good use of whatever resources they have and so they start firing their employees. According to estimation, if population keeps increasing with the same rate soon there will be double the people than the number of jobs available.

We need to deal with the situation and that too immediately before the situation goes out of our hands. There are many solutions to the problem of unemployment. One of them is population control. This is a good solution, but the problem is that it is not an immediate solution. Even if we start today it will take us many years to control the situation completely. Another possible solution is increasing the number of jobs. Though that also is not an immediate solution, but if we take a start now, we can meet the goal in a certain time.

Now, the question is how to increase job opportunities. There is only one way to increase the number of jobs, which is by creating new jobs. The possible solution is starting new business, firms, and small business, in short the entrepreneurship. Entrepreneurship is a term gaining very much importance these days. Entrepreneurship is defined as an act of starting an organization with available resources and finance. There are many advantages and disadvantages of entrepreneurship. The biggest disadvantage is the risk involved. Risk is the main reason that stops us from taking initiative with new business. Though this is not such a big issue and if we follow proper method, we can deal with it.

The best thing one can do to cut the risks in starting a business is buying an existing business. There are several benefits of buying a business. The most important one is less risk. With an existing business, you get a built product, customer base, market reputation, ready-made product, and a running business. All these factors cut the risk that you may face in starting a new business. Buying a business is the best option to start a business and to increase the number of employment opportunities rapidly.

Can It Be Taught?

Entrepreneurship is a fancy concept, a feel good bold expression, that many colleges and universities claim an ability to teach to emerging adults. It sounds good and looks good in print and media but can this concept be taught is the unanswered question.

Let’s look at possibly the major character trait of an entrepreneur – Failure.

Success or failure is a concept that is deeply internalized and there is no single answer that determines the outcome of either. Success or failure is always in the mind of the beholder, but is commented on by others who claim an ability to unilaterally determine the success or failure of another. Generalizing I feel one is safe in declaring the only true sign of failure is the inability to try.

Success and failure are not monetized goals, but are goals that have the investment of time by the person undertaking a task. The judgment of success by many is “how much money did you make”? If not equal to the same time period at minimum wage standards then deemed unsuccessful by many. What is forgotten is the learning experience of undertaking a project and how well it prepares one for the next project.

The major distinction of entrepreneurship is the ability to “fail” and use that experience to try again. The vast preponderance of people always fail because of the fear of failing. They prefer to play it safe and never try due to that fear of being accused of failure. Rather than suffer the disapproval of peers exclaiming the “I told you so” observations, the true entrepreneur accepts failing is the process of learning to succeed.

The difference is the entrepreneurial spirit is manifested by the willingness to try, to learn, and to try again knowing each experience is a building block to success. It is a brutal process that requires a sense of high self worth and self esteem. The process is built upon failing, getting knocked down, being embarrassed, yet being self reliant enough to get back up and do it all over again.

Can that be taught? Is there any formal training that educates one unwilling to try, to try?

Many colleges and universities claim an ability to teach failure but what courses could possibly do that is a central question. The process a college uses to decide whom to admit to the college may be a more important factor than what is taught while the student attends the college.

If the child has been subject to reward and punishment in their backgrounds and has learned by teaching and example from their parents and peers then that may be the bigger factor in developing entrepreneurs. The college curriculum can extend the teachings to a willing entrepreneur of the pitfalls of failure to analyzed risk and reward, but it’s doubtful the teachings can change the perspective of the student. The choice of students to attend the training is probably the more important consideration.

To fall down repeatedly, and to get back up over and over, is a mark of entrepreneurs. Teaching that confidence is difficult, whether institution or parent.

Bob Johnson is owner/founder of The Cotton Company located in Wake Forest, N.C. The Cotton Company is an 11 y.o. incubator start up retail business concept located in a historic building converted for entrepreneurship.

Vital Factors to Be Considered for Successful Entrepreneurship

Women with leadership qualities find entrepreneurship very appealing. It is very exciting to be facing challenges in the process of bringing up your own business. The fact that you can be your own boss makes it even more interesting. You might have considered entrepreneurship and the idea of working for yourself is exciting however do not know where to begin. Having worked full-time for quite some time now you may be afraid to take the chance and start working by yourself. Certain factors listed below can help you get over your fears and start being your own boss.

Support

In order to start your own business you need to be physically and mentally strong. During the initial stages of setting up your business you will need to spend a lot of time or even days away from home. You need to ensure that you have full support from your spouse by explaining everything that is involved in entrepreneurship. You will need all the support you can get from your spouse and that will prove vital when you take up a new endeavor or when you are having a tough time in your business.

Plan your finances

There is no doubt that entrepreneurship is very rewarding but it is also very risky business. You need to expect that during the first year of your business expenditure will be more than income. Just before you venture into the business ensure to clear all the debts and be equipped with a buffer so that you need not worry about finances. It is also vital to cut back on some working hours to have a steady income as well as good health while progressing as an entrepreneur.

Planning in advance

Research has it that most of the small businesses, nearly 50% of the precise fall just within a year of start-up. The most common reason is not much of preparation and planning goes into the setup. It is important to seek advice from local corporations and business administrations. It is also a clever idea to seek the help of a business coach who is experienced in planning and marketing strategies.

Focus

You cannot be a good entrepreneur if you lack self-motivation, persistence and focus. Success should be something that you program your mind to achieve. You can seek help and friendship from like-minded individuals; join forums or the local chamber of commerce in order to stay focused. This way you would have inputs from other entrepreneurs who may even go ahead and offer partnership opportunities.

Lessons Learned

What does it take to start a successful business? According to Roger Pierce, a popular media speaker, columnist(1) and co-owner of a company that trains new entrepreneurs, “You need to have a passion for entrepreneurship!”

Inspired at a very young age by his grandfather who started and built his own land surveying firm, Roger Pierce loved the idea of owning his own company because he could see the immediate fruits of his grandfather’s labour. Entrepreneurship is definitely in his blood as he still remembers his first ever contract was to mow lawns and at age 16, he organized his first big dance gig where he sold 500 tickets!

After graduating from Sir Sandford Fleming College in Peterborough for business, he launched Pierce Marketing Communications in 1994 and made his first client the college. How’s that for salesmanship! According to Roger, college provided him with the practical and tactical skills necessary to run his own business. To his credit, his small business ventures ranged from selling electronic bill boards, to tradeshows, to media buying, to marketing, to barter exchange and eventually to his current business, BizLaunch which he co-owns with business partner, Andrew Patricio, to train new entrepreneurs to succeed in business.

BizLaunch opened its doors for business in 2003 and has since trained over 4000 entrepreneurs. What makes their business unique is their one-on-one coaching and post-support after their clients have taken their 30-hour training program. With no real competitors except for the government, BizLaunch has adeptly made them an alliance partner and has worked with them on government sponsored business programs for youth.

Not surprisingly, Pierce understands youth and business. He has been involved with Junior Achievement (JA), an international non-profit organization dedicated to educating and inspiring young people about business and economics, since high school. Now that he has an opportunity to give this knowledge back, he is enthusiastic about working with young entrepreneurs who make up part of BizLaunch’s client base. He says working with young entrepreneurs out of school is great because they “have unlimited enthusiasm, are fast learners, and are flexible to adapt to changes.” In fact, BizLaunch was hired by the Ontario government for their “Summer Company Program” to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.

With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch’s clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.

BizLaunch offers a series of free seminars at various Staples & Indigo locations around the Greater Toronto Area throughout the year to educate new entrepreneurs and to drum up new business for their 30-hour “Up & Running BizLaunch Program”. This affordable program was designed to help new entrepreneurs create profitable small ventures.

With manufacturing being sent out to third world countries, Canada is becoming a service based economy and is confirmed by Industry Canada’s business statistics that reveal that the greatest job loss has come from the manufacturing sector. According to Roger Pierce, there are tons of small businesses opening up, namely web-based, special niche, online retail and outsourcing companies. And with one million Canadians predicted to start their own businesses in this decade, it is necessary to understand how to set-up a business for success.

“Clarity, momentum and accountability is necessary for entrepreneurs to succeed,” says Roger. You need to be clear and focused on what your goals are to be successful in business. In addition you need to be motivated to execute, and be accountable for all your actions. Therefore a business plan is necessary to guide and map your efforts. According to Pierce, “4 out of 5 small businesses do not have a business plan.” This is a costly mistake because business owners become reactive rather than proactive as a result of not having a viable business plan. He believes that an ideal business plan should not be longer than two years as market conditions change and things happen that we cannot predict. Once the two years are up, be prepared to do another business plan as business planning is a continuous process.

When asked what the greatest challenges are for new entrepreneurs, Roger mentions start-up capital, mentoring, partnerships, timelines and focus. According to Roger, new entrepreneurs expect the banks to finance their businesses 100%. Reality is banks will not provide business loans to those who do not have a business credit history and who cannot show viable business plans where they will generate a profit in their new business ventures. He warns that you should be prepared to sink some “love capital” into starting your own business whether it’s your own funds or receiving financial support from your family and friends.

If you happen to be a young entrepreneur between ages 18-34 looking for start-up capital, you might just be in luck. Pierce recommends applying to the Canadian Youth Business Foundation (www.cybf.ca) who provides start-up loans up to $15,000 (CDN) to those that meet their eligibility requirements. The driving force behind this successful program is their pairing of young entrepreneurs with experienced entrepreneurs. Pierce agrees that working with business mentors and coaches is vital for new entrepreneurs’ success because they can provide you with guidance, advice and encouragement.

It might not appear to be a challenge at first glance but Roger often sees and has experienced first hand that jumping into a business partnership too soon can be costly. He recommends a trial alliance and easing into a partnership. According to Roger, it is not enough to form a partnership based on complementary skills sets. He chuckles as he compares a partnership to being married, “You end up spending more time with that person than with your spouse.” But even before entering into a partnership, Roger stresses the importance of having a solid partnership agreement drafted by a business lawyer. This way, you are protected should the partnership turn sour.

Pierce also recommends doubling the time you expect to take to get a business off the ground. He often sees entrepreneurs give up too easily in their new business ventures just when their businesses are about to take off. “You need to stay motivated without becoming overly optimistic while keeping the business plan realistic,” says Pierce. Your persistence will pay off in the long run. Also, “Don’t target too many people. Keep it narrow and deep,” he recommends for new business owners. For example, one of their clients who owns a storefront and sells board games and figures, also uses the storefront for tournament space and has successfully targeted young men ages 18-25 living in central Toronto. This narrow focus has paid off for this young store owner as he is the leader in his niche market.

To ensure success when starting a business, Roger Pierce highly recommends keeping your expenses low and thinking outside the box. For example, he suggests “starting an online store before opening up a store front” or in BizLaunch’s case, launching an upcoming television series about entrepreneurship to reach a larger audience. He also suggests keeping a part-time job while you build your business if you do not have access to start-up capital. And finally, “get fired”, says Roger. “If you know you want to leave your job to start a business, it is best to be let go and get a severance package to use as seed money,” explains Pierce.

According to Pierce, there are three goals entrepreneurs should be striving for:

To Sell sell your product or service to others

To Delegate delegate the details of execution to line managers or to someone who can handle the details

To Duplicate Duplicate your business through franchises and issuing licenses to allow others to do what you do

However, his best advice for those who plan to start their own profitable business is to “build your business as if you are going to sell it or pass it on tomorrow.” This will ensure the proper systems are in place so that anyone can be trained to take over.

Article Summary of Best Practices for Entrepreneurship:

– Be passionate about entrepreneurship

– Acquire the practical and tactical skills necessary to start and run your own business through business training programs at your local colleges or professional training companies

– Find free resources available through the government or the local community about starting your own business

– Find alliance partners that are a good fit and make sense for your business

– Give back to the community by becoming a mentor or coach for new entrepreneurs

– Research the dynamics of your marketplace, economy and the demographics of your target audience to start a viable business

– Be clear and focused on your goals; motivated to execute them; and accountable for all your actions

– Write a solid & viable two year business plan to serve as a guide and map for your efforts

– Business plans should be modified as business planning is an ongoing process

– Prepare and present a solid and viable business plan to acquire start-up capital

– Be prepared to invest “love capital” into your own business

– Check for available mentoring programs to finance new business ventures in your region

– Find mentors and coaches to work with you to receive guidance, advice and encouragement

– Form trial alliances to test partnerships

– Have solid partnership agreements in place before working with business partners

– Double the time you expect to take to get a business off the ground, and don’t give up too easily

– Don’t target too many people; keep it narrow and deep to succeed in your niche market

– Keep business expenses low

– Work a part-time job while you build your business if you do not have access to start-up capital

– Build your profitable business as if you are going to sell it or pass it on tomorrow, to ensure the proper systems are in place

It’s Time to Trust Your Instincts

Entrepreneurship is a great art of organizing the minimal possible resources to achieve great goals in business. Various people explain entrepreneurship in different ways. Entrepreneurship is a very difficult and tricky concept to understand. It is a new way of getting into new ventures and founding or pioneering certain new projects. It applies to the concept of creation. Entrepreneurship is all about creation. It is a great way to curb your own path. It is like investing on something which may or may not be successful. Entrepreneurship is like exploring the new realms of business. Entrepreneurs are the future of any nation’s economy.

There are certain qualities attributed to the entrepreneurs. Entrepreneurs have to be the perfect embodiments of several qualities like – organization, integrity, patience, honesty and of course they need a big heart. If you are someone who has a great idea but are scared about implementing them just for the sake of failing, then you are not the perfect entrepreneur and it is not your cup of tea. Entrepreneurs have this strange ability of assessing the risks and then invest their money. There are many who are really not able to take that risk.

Entrepreneurship is a great way to accomplish the dreams. Entrepreneurship is also about risk taking; one has to have a lion’s heart. The instincts and the integrity to succeed can help you in this cause. There are many ways in which one can achieve big roles- trusting your instincts are just one of them. Though business is all about being calculative and assessing the permutations and combinations, still the entrepreneurship is all about risk and instincts. There are times when logically an idea may seem to be stupid and boring without much of an importance in that point of time, but as the years roll on that idea may yield millions. Take for example the internet marketing. Everyone in this world liked this concept but was very apprehensive about disclosing their assets on website. Now, it is the trend which everyione follows, everyone want to do an internet shopping. E-bay is the biggest example of spell bounding success. There are many instances where people have climbed from rags to riches just by believing their Instincts. If you want to make your own way up in the hierarchy working in an office that time will never come soon. Every new idea in this world is a creation of one’s instincts. Instinctive people are not vague thinkers they are very organized people who believe in their work and evolve every day.

Entrepreneurs are bound to trust their instincts. One must understand that instincts can curb a pavement through the most difficult times. These are times when should realize that one thing can help you out of this mess that is your instinct and your senses. Entrepreneurs have to be stubborn and hard headed at times because they are the pioneers. They must believe in whatever they are doing. The Harder a person Works on their ideas and dreams the more fruitful their instinct will turn out to be.

Trust Yourself to Make the Right Business Decisions

We all have doubts about whether or not the choices we make are right, but just when can you determine how to trust yourself to make the right choice at the right time?

Learning how to trust yourself is a process..

Let’s just think about this for a minute. What exactly might it have been to get those successful people to take the leap?

You tend to trust in yourself when the pleasure outweighs the pain.

Unfortunately, studies reveal that the pain usually outweighs the pleasure. You begin trust yourself to go on that diet, but then when nobody notices how great you look, and you start feeling tired all the time, and that ice cream sundae really looks good – you slip.

The only thing that brings lasting change is to experience the pleasure for change AND the pain for not changing – all at once.

And what about trusting yourself to become a better businessperson?

While making the decision to establish rich habits is a nice thought, we tend to slip back into our comfort zone all too often.

In fact, psychologists tell us that the harder you try to break a habit, the more certain it is that you will fail…

This seems paradoxical, and yet most of us have had this experience. What you think about generally becomes your reality. If you are constantly thinking about your bad habit, it will never leave your mind; it will never go away.

For the most part, most of us are very good at negative self-programming. Do you do this? When you get home from work, you plop down in an easy chair, take a deep breath, settle into a comfortable state of mind, and then start thinking about everything that went wrong during the day?
Stop!!

If you go over in your mind everything that has gone wrong and everything that can go wrong, then this is what you’re creating! You are reinforcing your troubles, deepening your problems, and prolonging your difficulties…

… and the more you reaffirm those difficulties in your mind, the more you just can’t trust yourself…

So this leads us to your first step in learning how to trust yourself…

Get those negative thoughts out of your head! Don’t think about your past screw-ups, as the past does not equal the future. Fill your mind with inspirational stories of how people who started off with nothing became rich and famous. These are not exceptional stories; they are the norm for most people who have become successful in business.

Very few successful people started off with a leg-up. In fact, it was the struggle that was their greatest asset!

When you are forced to undergo a tremendous battle in your life, this brings about a new realization that you can trust yourself to come through on the other side.

How to Trust Yourself Step Two: Remind yourself of your past accomplishments where you have learned how to trust yourself daily…
If you know how to swim, you don’t wonder if you’ll be able to swim when you jump in the water, you KNOW you will. If you drive, you don’t wonder if you can make it down the highway without hitting the other cars coming within a few feet of killing you each day… you just KNOW and you trust yourself that there will not be an accident.

Trusting yourself is different than believing… it’s knowing.

And that knowing comes only from experience. You would never know how to swim without first jumping in the water. And you would never know how to drive without first learning how. Think about your accomplishments and pat yourself on the back. How did you arrive at those accomplishments? Well, that leads us to step three…

How to Trust Yourself Step Three: Taking action.

You might be an expert swimmer today, but you weren’t born that way. And you might be an expert driver today, but you had to go through a learning (and perhaps fearful) experience at one point in your life to accomplish that skill as well.
You might be saying, “Well that’s different, I was younger then.” True, most of us who have learned something that seems second nature today were very young when we learned. But then the question prevails; “how come only the youth are fearless enough to get out of their comfort zone?”

It’s only because, the older we get, the more we have to compare to.

Consider your alternative…

When you’re a baby learning how to walk, there just is no other alternative than to learn how to walk, because you see everyone else walking and you want it too!

But when we get older, we get to “comfortable” with our hum-drum lives.
So, if you’re considering jumping into an entrepreneurship business, what you need to ask yourself is, “What is my alternative?” “Am I satisfied enough with my life that I won’t mind working this same job day in and day out until I die?”