Are You Taking Responsibility?
This one is fairly straightforward. Are you taking responsibility in business for both the good and the bad? What does that even mean? That’s our topic for discussion today.
Let Me Tell You a Story
President Harry Truman had a sign on his desk that said “The buck stops here”. What he meant by that was, as President, he did not have the option to pass the buck when it came to mistakes or failure. He was the boss and the buck stopped right there. “What does that have to do with my business?” I can hear you say that pretty clearly.
That’s pretty smart advice for any business owner who wants to be more successful. When it comes to the results of decisions you make, don’t pass the buck.
Everyone is happy to take credit for a successful outcome; as well they should if they were directly responsible for that success. That’s the easy part. The hard part is owning up to your own mistakes.
Now This is The Hard Part – The Guilt
Taking responsibility in business means it’s up to you. There is somewhat of an inclination to try and blame someone or something else for a negative outcome. The most successful people fight that inclination and accept the blame for their mistakes as readily as they accept congratulations for their successes.
They do so because they realize that being the captain of the ship means that all decisions start and end with you. Am I right? Don’t be that one business owner that suffers from guilt.
Making Decisions About Responsibility
If you happen to make a bad decision then you own that fact, tighten your belt, and move forward armed with the knowledge to never repeat that mistake again. This is a part of the process of growth. It is a process that demonstrates that the greatest opportunity arises from failure.
By avoiding the repercussions of that failure, you also avoid the opportunity to grow as a leader and learn from your own mistakes. In other words, you condemn yourself to make that same mistake over and over. Yikes!
So, if and when you are faced with a bad business situation of your own making, don’t pass the buck.
The buck stops with you. Accept that and move on.
Be Accepting Of Yourself While Striving For Greatness
There is absolutely no way for you to be successful and reach your goals until you accept who you are. You have to like yourself and what you do before anyone else will. You need to be accepting of yourself while striving for greatness.
Striving For Greatness
Why? Why is this important to your success?
The world detects how you feel about yourself and often simply shares the opinion you have about who you are. So, be yourself and free yourself in the process. Don’t be like other people, just be you!
Who Are You?
You are an individual who is unique. If you’re not, you’re being fake and that will get you nowhere. Your talents and abilities, your intelligence and interests, your opinions and tastes, make you who you are. There is no need to hide a part of yourself or alter a part of yourself for the sake of conformity.
Greatness = Success
True success is about freedom and all truly successful people are individualists who have, more or less, accepted and glorified who they are.
You should do the same.
At the same time, being yourself does not mean glorying in mediocrity. You need to be the very best version of yourself possible. This means that you have to work at being you.
You need to apply your strengths in your business with all of your passion.
A Force To Be Noticed
You have to put the time into self-improvement. Acceptance is not an excuse for laziness, cowardice, or fear.
Yes, life is a privilege. It is a gift. The gift and the privilege of life are that you get to be yourself, the best self you can possibly be.
Use the gift, take advantage of the privilege that you’ve been given. Don’t squander the chance.
Let your own unique light shine forth. This is the light that will illuminate the path to real success in life. It will also be the light that attracts other people to you.
I would love to help you find success in your business. I offer 1×1 Mentoring services to help with your mindset. Schedule a call with me and let’s get started.
Success Requires Persistence
Today let’s talk about persistence and whether or not success requires persistence. For starters, how many old sayings, aphorisms, and clichés are there about persistence? The early bird gets the worm. Slow and steady wins the race. If at first, you don’t succeed, try again. If life gives you lemons make lemonade. The list goes on and on. Right?
The reason that there are so many old sayings about persistence is twofold: First, it’s a really important element in success and second, it an element of success that gives a lot of people a lot of trouble.
The Importance of Success
Something that’s as important and troublesome as persistence deserves a lot of clichéd sayings and a lot of attention. Are you persistent? Meaning = do you never give up?
The problem with the road to success is that many people only picture the destination, not the journey.
When they do this, they not only fail to see that true success is not a destination (it’s a lifelong process) but they also fail to see the potential problems that routinely occur when striving for success.
The Prepared Person Has Persistence
Are you prepared? Or are you the person who is so unprepared that you get stopped dead in your tracks?
And in your confusion, you forget where you’re going and why? Are you going backward or forward toward success?
When you are prepared for and anticipate the setbacks that can and will happen on the journey to success, you are ready to repair, rethink and reengage.
Persistence is a Two Way Street
The persistent person understands that failure is a temporary condition that affects everyone at one time or another before they reach their goal. They also understand that failure and setbacks teach powerful lessons that ultimately make you stronger.
As Gandhi said, strength does not come through winning. Instead, strength comes through failure. When you struggle and decide not to quit, that is strength.
It is also persistent and points to why every successful business owner understands that setbacks are opportunities in disguise.
Now here’s an opportunity for you. I would love to help you find success in your business. I’m the type of person that doesn’t like other people to struggle unnecessarily. So, if you’re looking for help, please reach out to me and let me help you discover how persistence can help you and your business.
Complete the form below and let’s take action.
The Risk-Taking Business Owner
We’ve all heard the old saying “nothing ventured, nothing gained”. Like most old sayings, there’s a strong element of truth in those words. Are you a risk-taking business owner? Maybe you are and you don’t even know that you are one. Simple to find out though, take a look at this definition.
Definition of risk-taking: the act or fact of doing something that involves danger or risk in order to achieve a goal Starting a business always involves some risk-taking.
At the risk of following one old saying with another, without risk, there is not, and cannot be any reward. There is an element of chance inherent in every venture and unless that chance is recognized and faced, the venture will never become reality.
A Natural Risk-Taker
There are people who are natural risk-takers, as well as people who are very risk-averse. Do you find that to be true? The key to success when it comes to risk-taking is understanding what type of person you are. Take this quiz here ⇒ Quiz and see how you fare.
How does this personality trait affect your business when it comes to dealing with risk? It is important to keep in mind that the secret of success when it comes to business risk is mitigating potential damage in favor of potential gain.
Is it a Risk or a Danger?
Therefore, neither type of risk personality, in and of itself, provides an advantage over the other when it comes to risk management. A risk-taker can just as easily overreach themselves as a risk-averse person can underreach themselves. Interesting yes?
When faced with a situation that offers reward and risk, the key is to coolly and impartially assess the potential positive and negative outcomes. And then decide accordingly. No danger there right?
Being a Successful Business Owner
Successful business owners are sometimes seen as risk-takers simply because they understand the danger in a situation better than anyone else involved. So, while it appears that they are courting disaster, the reality is that the risks involved have been managed. This allows them to control negative consequences.
The successful business owner who takes a risk is very much like a professional tightrope walker. To the observer, it looks death-defying and, perhaps, frightening. To the performer, it is simply another day at the office. Their skill, training, and preparation sufficiently offset the inherent risk to make the feat only appear to be remarkably dangerous. What do you think?
In your own business, don’t be afraid of risk but, at the same time, don’t take the risk lightly. Weigh your options carefully and, when you arrive at a prudent decision, move forward with confidence.
And speaking of confidence, I have a great course on confidence.
You can access it right here ⇒ The Lady Boss Confidence Course
Using Competition To Your Advantage
Do you ever wonder why using competition to your advantage is really a thing in the business world? It is, but why? Why do we need to compete with others? The answers to these questions are below, as we discuss using competition in today’s blog post.
The world is built, to some extent, on the concept of competition. Everything living competes for specific resources that are needed to grow, thrive, and outperform ecological rivals. Sunlight, space, water, and nutrients are utilized to the fullest extent by the smallest to largest creatures.
This happens wherever they are found and in whatever quantities. Using competition to your advantage will help you create a successful business also. Huh? I don’t get it!
See, as human beings, we are hardwired to engage in this competitive contest too. It’s a part of our genetic heritage and one every business owner needs to embrace. So, I ask you again, are you using competition to your advantage? Let’s find out below.
Some people perceive competition as a somewhat undesirable trait. This is because these people look at competition as a black and white issue. It is seen as either a win at all cost, take no prisoners proposition, or as a watered-down and barely discernable version of itself. This is where consensus and agreement are the order of the day.
This imposed polarity masks the true nature and power of competition. In reality, competitiveness is neither a black nor white extreme. Instead, genuine competition is a valid force for positive change. And, I believe that is what we all want.
The successful business person knows that healthy and honest competition is the motive force behind innovation. The business world, like the natural world, is driven forward by this continuing innovation that occurs in response to changes in the existing environment. In the natural world, these changes are largely climactic. The life form that best adapts to these changes survives and thrives.
In the business world, these changes are socio-economic. The business that best predicts market trends and meets demand most efficiently also survives and thrives.
As a business owner, you need to remember that competition is the lifeblood of the marketplace. It not only drives innovation but also inspires creativity and helps build new paradigms. Don’t shy away from your naturally competitive nature.
You are in the game to win the game, so are your fellow business owners. I find this the perfect solution to being in a competitive industry.
Challenge yourself and challenge them in the process. Through competition, you each drive the others to better products, services, and performance. Each winner shows the way to the next level, the next round, and the next race.
Remember, competition is the true heart of business success. If you have that in your corner, there’s no chance of failure unless you completely give up. And I always say, “That is NOT an option!”
What do you say? Are YOU going to take a chance on yourself?
Are you looking for help and don’t know where to start? My 1×1 Mentoring Sessions might be just what you’re looking for. Check it out here and get the help that you need to help you create your successful business.