Friday, October 2, 2009

Sweet and Simple Formula for Success


75% of adults don't like their jobs, more than 50% of all marriages end in divorce, and three out of five businesses fail.

The root cause of small business success or failure is not due to a lack of knowledge or capital. It is due to a poor fit between the owner and the chosen venture. The successful entrepreneur always enjoys a good relationship with the business. They found their work, their mission, their purpose, and they stayed with it.

There are only two ways to achieve a "good fit" between an entrepreneur and a business. The first is pure luck (which is most often the case). The second comes from consciously exploring who we are and how we might connect to the world of self-employment. It's really no different than analyzing one's career options or choosing a mate.

The very first step toward success as an entrepreneur is recognizing that we possess enough independence to leave the perceived safety of traditional employment.

The second step is giving ourselves permission to reflect deeply on what we want out of life and out of a particular venture.


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