6 Top Tips for a Successful Business

Upon close inspection, successful business builders have a particular quality in common: the knack for holding onto and growing their wealth.

What Are the Secrets?

We have narrowed down and extracted the pith of that knack into the following 6 necessary steps to surviving and thriving in achieving disciplined financial success.

1. Calculated risk-taking — “Plan your work and work your plan.” (NFL football coach Marv Levy) Couple this with allowing room in your plan for well-coordinated chances, mapped-out modifications and forward-thinking flexibility.

2. Hold On vs Let Go — "We fight to hold on and we fight to let go." (Henry Ford, founder of Ford Motor Company) Tenacity, determination and persistence are important pillars in successful business building. But through it all, change is inevitable. So, develop the skill of knowing when to hold on and when to let go.

3. Strong vision — “Most successful businesses have a strong ultimate objective which they strive for every day.” (Kevin Mercier, founder of Kevmrc.com) Your vision should consistently underscore your short-term, medium-term and long-term goals. Take aim with accuracy. Score goals with strategies.

4. Adaptability, Availability, Acceptability — “Play what’s in front of you.” This is a common sports quote that challenges players to accept the moment and play to the best of their ability in the now. Successful business building calls for the same resilience in this face-paced world with its constant shifts in technological trends, and to be ready to maneuver accordingly.

5. The Power of Patience — “Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.” (Warren Buffett, Chairman and CEO of Berkshire Hathaway) Receiving rewards for being patient requires setting sail and being in motion so the rudder can take effect as you steer your ship. A ship holed up and docked at the marina isn’t going anywhere.

6. Learn, Learn, Learn — “The more I learn, the more I realize how much I don't know.” (Albert Einstein, theoretical physicist) Make “Keep Learning” your motto. Being a successful business builder means being a successful student, and financial literacy should continually be a large part of your overall learning plan.

What's the Next Step?

You've probably heard the saying, "Knowledge is power." But, let's take that a step further: "Applied knowledge is power."

If you could start a new legacy business with all the support and guidance you need to reach your goals and to create asset building portfolios, would you be interested?

Take a few moments of your time to reach out and contact us here as we are making it work, and building the business of their dreams.