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Hub You - The Characteristics of a $1 Million Entrepreneur
No matter who you are or what you do, there's a common force that's driving that shapes your emotions and behavior. It determines how you live, the quality of life and ultimately your destiny.This universal force is the human need. Irrespective of where you are in the world, what culture you are from, what color, status, background, we are universally driven by our human needs. We can break it down to 6 areas of human needs. They are unconscious needs that automatically drive us.Of these 6 needs, you can view them into two broad categories. One group is the pri
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12
We've all had them, those poorly illustrated guides to putting a retail product together or instructions on how to use a new piece of electronic equipment. What gives? For those of us who are mechanically challenged, this can be really frustrating. The world of electronics holds a special frustration for many, such as setting up a piece of computer equipment, for example. Once learned, they are usually not that bad, but it just takes getting used to.My new printer came today. Once again, I dropped everything to figure out how to set it up. What a job. Programming thin
These entrepreneurs who are the CEOs of their million dollar companies or empires all possess those highly developed, well-defined skills sets that have taken their company from ordinary to extraordinary.
All successful entrepreneurs possess one fundamental ability, one fundamental quality, one fundamental skill, and one fundamental interest which are the ability to perceive the world as a variety of systems. A systems thinker is one who sees the whole of a thing, the entirety of it, the one-ness of it, the integrated unity of it, as opposed to merely the sum of its parts.
A systems thinker 1) transcends the world in order to transform it; 2) is an inventor as opposed to an engineer, 3) sees purpose in everything; 4) sees the system as the realization of the purpose; 5) sees meaning in everything and, if not, pursues everything until the meaning becomes clear or until the system reveals itself in all its glory and 6) is motivated by the meaning of things. Million dollar entrepreneurs do not see their business as a group of people doing work; they see it as business systems operated by people. The systems do the work, and people operate the systems. All great entrepreneurs are systems thinkers. Your business should be systems-dependent, not people-dependent.
With no systems in place, your business depends on you and a few people who run things for you. If you are absent for a short time, your business is thrown into chaos. With the right systems in place, the systems run your business, and your people can run the systems. If you have the right systems in place, you can decide suddenly to take a two-month vacation, and your business would not miss a beat. If you have the right systems in place, your key employees could suddenly quit, and you could replace them easily with no ill effect on your business. With the right systems in place, you can work every day in your business—or not.
Systemic thinking is second nature to successful entrepreneurs, and it's the real secret behind building a business that works. All who wish to become great entrepreneurs need to learn how to become a systems thinker; or more accurately, develop an innate passion for seeing things whole and transcending the world (your world, their world, our world, and all worlds).
Successful entrepreneurs typically have a number of similar skills and characteristics that have taken them to million dollar status. You may find some of the points below to be obvious but a periodic review of these million dollar skill-sets are a great way to spark or jump-start your business to million dollar status.
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12.
A 5 POINT STRATEGY FOR ENSURING YOUR JOB SECURITYThink Job Security is a thing of the past? Think again. While it may be true that no one is exempt from a downsizing, layoff, or unexpected re-organization in today’s economic climate, that doesn’t have to mean you have no job security. Today’s workers simply need to redefine what job security really is given the competitive environment we live in, and where security comes from. You can (and should) have a sense of job security, but it won’t come from your employer. You must give it to yourself. Your number one priori
A systems thinker 1) transcends the world in order to transform it; 2) is an inventor as opposed to an engineer, 3) sees purpose in everything; 4) sees the system as the realization of the purpose; 5) sees meaning in everything and, if not, pursues everything until the meaning becomes clear or until the system reveals itself in all its glory and 6) is motivated by the meaning of things. Million dollar entrepreneurs do not see their business as a group of people doing work; they see it as business systems operated by people. The systems do the work, and people operate the systems. All great entrepreneurs are systems thinkers. Your business should be systems-dependent, not people-dependent.
With no systems in place, your business depends on you and a few people who run things for you. If you are absent for a short time, your business is thrown into chaos. With the right systems in place, the systems run your business, and your people can run the systems. If you have the right systems in place, you can decide suddenly to take a two-month vacation, and your business would not miss a beat. If you have the right systems in place, your key employees could suddenly quit, and you could replace them easily with no ill effect on your business. With the right systems in place, you can work every day in your business—or not.
Systemic thinking is second nature to successful entrepreneurs, and it's the real secret behind building a business that works. All who wish to become great entrepreneurs need to learn how to become a systems thinker; or more accurately, develop an innate passion for seeing things whole and transcending the world (your world, their world, our world, and all worlds).
Successful entrepreneurs typically have a number of similar skills and characteristics that have taken them to million dollar status. You may find some of the points below to be obvious but a periodic review of these million dollar skill-sets are a great way to spark or jump-start your business to million dollar status.
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12
Losing your job can be devastating. You have to deal with loss of income, colleagues, perks (e.g. a company car) plus wondering how you will manage – when will you get another job, how will you cope financially etc. There is also the underlying feeling of rejection – rejection from the job you have lost, plus more rejection each time you don’t get a job you have applied for.The hardest part of job search is keeping up a positive attitude, and it’s imperative you do this!The whole process of job search can make people feel depressed so you need to take good
With no systems in place, your business depends on you and a few people who run things for you. If you are absent for a short time, your business is thrown into chaos. With the right systems in place, the systems run your business, and your people can run the systems. If you have the right systems in place, you can decide suddenly to take a two-month vacation, and your business would not miss a beat. If you have the right systems in place, your key employees could suddenly quit, and you could replace them easily with no ill effect on your business. With the right systems in place, you can work every day in your business—or not.
Systemic thinking is second nature to successful entrepreneurs, and it's the real secret behind building a business that works. All who wish to become great entrepreneurs need to learn how to become a systems thinker; or more accurately, develop an innate passion for seeing things whole and transcending the world (your world, their world, our world, and all worlds).
Successful entrepreneurs typically have a number of similar skills and characteristics that have taken them to million dollar status. You may find some of the points below to be obvious but a periodic review of these million dollar skill-sets are a great way to spark or jump-start your business to million dollar status.
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12
While many jobs for American MBA graduates are going overseas, those who have MFA’s will be in great demand. According to Gartner Inc, by 2008, 40 percent of IT jobs for MBA’s will be outsourced to workers overseas. The reason? A person can fill in a spreadsheet from India as easily as from Silicone Valley for one-tenth the cost.However, corporations cannot outsource creative jobs as easily. The ability to go quickly from problem to problem, problem to solution, or from initial idea to unique product does not cross cultures well. The employee needs to be a part of the
Systemic thinking is second nature to successful entrepreneurs, and it's the real secret behind building a business that works. All who wish to become great entrepreneurs need to learn how to become a systems thinker; or more accurately, develop an innate passion for seeing things whole and transcending the world (your world, their world, our world, and all worlds).
Successful entrepreneurs typically have a number of similar skills and characteristics that have taken them to million dollar status. You may find some of the points below to be obvious but a periodic review of these million dollar skill-sets are a great way to spark or jump-start your business to million dollar status.
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12
I was a freshly graduated Accounting degree holder when I saw Monty Python's great comedy skit:Man to career counselor: "I'm an accountant, but I want to change jobs."Career counselor: "Why?"Man: "Accountancy is boring, boring, BORing, BORING!, boring, bor . . . ING!"Career counselor to the man: "But, sir, our tests show you're a very boring person."You're not a boring person, so you don't need to know anything about accounting. It's just for bean counters. Nothing to do with you, right?Wrong. To understand how to prevent yourself fr
1. Think Success – Think Success - and – Think Success
2. Find a need, determine a niche and supply the need to the niche
3. Differentiate your product(s) and service(s)
4. Be passionate about what you do
5. Think smart, think big, plan for success and never stop learning
6. Be innovative and creative
7. Focus on your strengths and implement a plan to minimize your weaknesses
8. Never consider the possibility of failure
9. Work hard and plan accordingly
10. Constantly network; continue to look for innovative ways to network and get to know the
people that can help your business grow
11. Develop excellent planning and problem solving skills
12. Remain disciplined, persevere and have faith
13. Strive for an impeccable reputation, maintain integrity and always follow through
14. Learn to Listen - Listen - Listen
In a recent article, a 21 year old who is half-way to becoming a million dollar entrepreneur said that he lives by these rules: 1) always be prepared (if you fail to prepare, prepare to fail); 2) be creative; 3) go big and 4) never stop trying.
If becoming a million dollar entrepreneur is your dream, dream big and start the journey today.
© 2006 All rights reserved Dr. Laureen Executive Business Strategist & Non-Profit Expert Masterpiece Solutions LLC www.masterpiecesolutions.biz Email: drlaureen@drlaureen.com (281) 584-0348 Phone (281) 584-0355 Fax (888) 813-5583 Toll Free
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