Peter’s top 10 rules to build a successful business.
RULE 1: HAVE A VISION
Your vision is your destination. You’ll need a map to help you reach that destination, which will be made up of goals and results. The vision is the vital part, otherwise, you won’t know where you are heading and your goals will be irrelevant.
RULE 2: USE YOUR INFLUENCE
All businesses need business partners to grow. Tycoons know the importance of filling the gaps and weaknesses in their own skill set or business idea, by finding the parts of the jigsaw puzzle to create the best chance of success.
If you don’t believe in yourself or your idea, why should anyone else? Gain confidence through gaining experience, skills and knowledge. Change your perception of failure to realise that it provides feedback. Feedback provides essential learning to help know what not to do the next time.
RULE 4: MAKE A COMMITMENT
Committing to follow through once a decision is made is an invaluable ally on your road to success. Be prepared to work hard and make sacrifices. Commit to a common goal and make it happen, but commit to yourself and your health too.
RULE 5: AIM FOR RESULTS
Tycoons make things happen. They are driven by results. Planning for your success is as important as achieving success. You need to know exactly how you got there so your success can be duplicated, scaled up and multiplied, and it is that which turns an entrepreneur into a Tycoon.
Anticipating the changing needs of the market and partners is crucial. Timing when to enter a market or not will help optimise success, as will knowing the right time and circ*mstances to start your business.
RULE 7: PERSEVERANCE
Tycoons go the extra mile. Perseverance, sheer determination and tenacity are core characteristics of the mindset of a Tycoon. Successful entrepreneurs battle against all the odds to build their business and always appreciate when it is time to get out. Try to have flexibility to work outside your own comfort zones in order to bring your dreams to fruition.
RULE 8: BE CARING
Relationships with people are key. Business and personal relationships should be cherished. Treat people how you yourself would want to be treated. Always remember that people are the lifeblood and engine room of any business.
RULE 9: TAKE ACTION
Action is the bridge between your vision and results. Action involves figuring out how to get from where you are now to where you want to be. Without action there would be no results.
RULE 10: USE YOUR INTUITION
Listen to your instincts. They can protect you from making poor business decisions and guide you down the right path.
Never walk past unsafe acts or conditions.Never remove, bypass or modify a safety device without authorisation.Never enter a delineated hazardous area without authorisation.
There's only so much you, as a business owner, can take on. We imagine the reason you started your business is because you're passionate about the products or service you provide, not because you love running your accounts, negotiating legal matters or managing your marketing.
The “Golden Rule”—“Love your neighbor as yourself”—is doubtless the most widely known and affirmed ethical principle worldwide. At the same time, it has its serious, quasi-serious, and jocund critics.
Golden Rule, precept in the Gospel of Matthew (7:12): “In everything, do to others what you would have them do to you. . . .” This rule of conduct is a summary of the Christian's duty to his neighbour and states a fundamental ethical principle.
The most familiar version of the Golden Rule says, “Do unto others as you would have them do unto you.” Moral philosophy has barely taken notice of the golden rule in its own terms despite the rule's prominence in commonsense ethics.
The Golden Rule doesn't really mean that you should treat someone else exactly as you'd want them to treat you … it means that you should try to imagine how they want to be treated, and do that. So when you put yourself in their shoes, ask yourself how you think they want to be treated.
The 7 signs of an entrepreneur include a strong work ethic, passion and drive, risk-taking, resilience, innovation, adaptability, and networking and building relationships. By identifying these traits in yourself and working to develop them, you can set yourself up for success as an entrepreneur.
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Introduction: My name is Rubie Ullrich, I am a enthusiastic, perfect, tender, vivacious, talented, famous, delightful person who loves writing and wants to share my knowledge and understanding with you.
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