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Tuesday, July 10, 2007

Entrepreneurial Success

I just came across this article in the Spring issue of the JCI Leader magazine. Evidently it was originally published in Entrepreneur magazine, but I mention JCI only to plug them as a neat organization with some great resources for the young entrepreneur.

The article, 7 Secrets to Success by Brian Tracy is one of those articles that when you read it you are continually saying to yourself, "Yeah I knew that." But, later you are asking yourself "Why don't I practice that?"

Brian's 7 steps are:
  1. Clarity: You must be absolutely clear on who you are and what you want.
  2. Competence: You must resolve to join the top 10 percent in your field.
  3. Constraints: Your ability to identify the most important factor that determines the speed at which you achieve your business goals is essential to your success.
  4. Creativity: The essence of successful business is innovation.
  5. Concentration: Your ability to concentrate single-mindedly on the most important thing and stay at it until it is complete is an essential prerequisite for success.
  6. Courage: It takes tremendous courage to take the entrepreneurial risks to become wealthy.
  7. Continuous Action: The entrepreneur is always trying new things and, if they don't work, trying something else.
Some excellent points to immediately implement in life regardless whether success is in business or personal life, it all applies. Plus they all start with the letter "C". Doesn't that just scream "I should be extra motivated and I have to do this now?"

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