Showing posts with label ambition. Show all posts
Showing posts with label ambition. Show all posts

Sunday, November 15, 2009

How to Think Big

Most people think too small. They chase small rewards, and that's what they get, small
rewards. Donald Trump has been quoted as saying that it's a good thing most people
think small, because that leaves the big stuff for him. "If you're going to think at all, you
might as well think big", says the Donald.

How do you think big? Rather than say, "I plan to release a one hour audio", you could
say, "I plan to release a series of excellent audio programs which will be a must have in
my industry."

A good idea is to think in broader terms. You can take a job where you do one little thing
all day, or you can prepare a business that will serve many, either through automation or
more employees, or both. If you can add more value to your product or service than
anyone else, and effectively serve more people than anyone else, wealth and success
will follow.

Solving bigger problems leads to massive success. I used to work with a guy who
worried way too much about tiny problems and issues at work. When he wasn't doing
that, he was proposing to the company things that would not make money or add to the
bottom line at all. When you think about solving a problem, think in terms of the World, or
your country, or your industry, or a whole demographic, etc. Solve a big problem and sell
your service to people who have that problem. Then get to work making a business plan
and finding investors. Make sure your services are seen as superior and worth the price
paid by your customers. If the world thinks your products or services solve their
problems, you have succeeded on a big scale.

Associate with people who think big. Work for a company that is trying to make it big, by
solving big problems. Start or join a mastermind made up of people who have serious
ambition. Enjoy some coffee with those studious and ambitious business majors at
school.

Piggy back on the back of an entrepreneur by working as an assistant, or at least follow
his/her books, articles, corporate web site, and blog. This will give you some insight as
to where that entrepreneur is going and where your industry is headed. You could invest
in the company (or fund) that your role model entrepreneur is running. You are more
likely to follow it if you own some of it.

When you make decisions regarding your success in business and life, ask yourself
questions like: how will this increase the bottom line of my business? Am I taking a big
enough project? Is the time requirement worth the reward? Will this help me take on
bigger projects in the future? Can I take this company public? Can I expand this
business internationally? Am I managing enough risk? You get the idea, think big.

In conclusion, make sure you are working hard enough on the things that matter the
most, and be sure to always follow through when it comes to your customers.

David K Drews
www.independentwealth.us

Friday, October 23, 2009

Skill Sets and Knowledge

There are two types of knowledge, general knowledge and specialized knowledge. Knowledge, however, will not attract wealth unless it is organized and results in a definite plan of action designed to accumulate wealth.

You see, knowledge itself is not power as is often thought. Knowledge is actually potential power. The power comes about when the knowledge leads to a definite action plan that results in a pre-determined outcome.

It is a well known fact that millions of college graduates, filled with "knowledge" do not go on to amass great wealth. There is a weakness in many cases that can be attributed to a, "lack of ambition".

It is essential that you know how to purchase knowledge. Define the purpose for which the knowledge is required. This of course should match your clearly defined goals. Then check the sources of this knowledge, such as your own experience and education, networking and masterminding with others in your chosen field, colleges and universities, public libraries and book stores and specialized training courses available on your target subject.

The key here is to gain knowledge that makes you a "specialist" in your chosen field. This specialized knowledge will place you in the top 10% or higher in your field and will cause you to become valuable to others. (The industry term often used here is to, "become the hunted instead of the hunter").

As I am writing this in particular to online entrepreneurs, I will hasten to add a remark that I have often heard Mike Dillard say, "The most successful and highly paid people in any field usually have the largest libraries."

I remember something my dad always told me, "we are never too old to learn", and in our field it is essential that we stay current. We are in a very dynamic field where change is continuously happening. Keep on top of the change. Never feel like you have "arrived", and so you no longer have to invest in increasing your value or knowledge.

The remaining element is imagination. Napoleon Hill said it best, "Capability means imagination, the one quality needed to combine specialized knowledge with ideas, in the form of organized plans designed to yield riches."

I have always maintained that innovation is a key ingredient in creating your success.
Melanie PhillibertInternet Consultant and Trainer and EntrepreneurCertified Marketing Consultanthttp://www.GPTWealthCreation.com

http://www.youtube.com/mphillibert

Article Source: http://EzineArticles.com/?expert=Melanie_Phillibert

Wednesday, April 29, 2009

Five Elements of the Entrepreneurial Mind

You can win big in life by adopting an entrepreneurial mentality. It will allow you to overcome problems that other people find insurmountable, enabling you to detect hidden solutions and opportunities in difficult situations.

How can you train yourself to become more entrepreneurial? Taking risks, staying alert, and being quick at exploiting chance encounters are things that do not come naturally to most of us. Nevertheless, like any other skill, entrepreneurship becomes sharper through practice.
The best approach is simply to make a list of those traits that you wish to acquire and work constantly at improving the quality of your thinking. What are the characteristics of the entrepreneurial mind? My own list contains five points.

1. TOLERANCE: What does a moral virtue have to do with entrepreneurship? Everything. Intolerance and inflexibility are deadly poisons when it comes to detecting opportunities and taking initiative. Unless you push yourself to tolerate uncertainty and risk beyond normal levels, your mind will never operate on a high entrepreneurial gear.

2. INDEPENDENT THINKING: Start questioning things that seem self-evident. Why should you follow traditions that make no sense? Can things be improved? Why do we have to wait in line to purchase certain products or services? Is there a better way? When everything is expensive, try cheap. When everything is cheap, try borrowing. The best opportunities lie always below the surface.

3. CONSISTENT AMBITION: There is moral ambition and there is the search of wealth. In addition, many others are embarked in a quest for honours or simply desire to make the world a better place. Pick your choice and keep it present in your mind. What really counts here is consistency. Random changes in your goals will block your entrepreneurial vision. Confusion
generates chaos. Consistency of purpose sharpens the mind.

4. DETERMINATION: Whatever path you take, you will face opposition and criticism. Ambition is worthless unless it is accompanied by an iron determination to persist, to try again, to stand up and push repeatedly until the wagon moves. Why do different people possess unequal levels of determination? Personal philosophy plays a major role in this. Those who have a stable, rational, and integrated view of the world tend to advance faster on the entrepreneurial road.

5. A FEELING OF DISSATISFACTION: Contented souls seldom have the drive that is necessary to challenge the way things are. On many occasions, entrepreneurship is linked to personal dissatisfaction with a product, service, or environment. Annoyance and irritation can fuel the motor of change. A strong wish to turn the present into a better future is the thread line of many entrepreneurial careers.

Make your own list of the traits that you want to develop and place it on a visible place in your kitchen or bathroom. The world of tomorrow is shaped by those who reflect on their life's purpose while cooking and brushing their teeth.

See John Vespasian's blog

John Vespasianhttp://johnvespasian.blogspot.com
Article Source: http://EzineArticles.com/?expert=John_Vespasian