subject: The knowledge of Why Some Flourish in Entrepreneurial Management While Others Fall Flat on Their Face? [print this page] What are the differences between someone who is trying to make their business venture work, and not having success, and someone who is easily making significant income and diversifying their income from several streams in entrepreneurial management?
To really get into the science of what makes us tick as humans and why some have success almost naturally and others struggle for most of their lives, I would like to illustrate the ethics found in this example:
One particular friend of mine started a business that was franchised out to persons wanting to have a territory in the auto detailing industry. This was before the economy was bad, and there were not too many fears about such a thing at the time. Apparently the first associate of mine was able to make a successful living out of this industry for years and actually adapted fairly well to whatever changes the market brought about. He had the ability to franchise out to my roommate at the time as well, since at this time I was just out of high school. So my roommate was able to start his own, already branded business with the opportunity of making his own living in a related way, being trained and given the name that has proved successful, as well as the basic business model and so forth. So after a few months my roommate quit and ended up depending on a second income and finally quit with nothing to show for the endeavor. Why? There were seemingly mostly complaints about what he was given, and the price of his overall investment, since he was not actually in a position to invest in a business at that time. So there we have 2 obvious reasons. That of the negative mental attitude, and the inability to invest any more into the business than the very basic needs, not including any sort of marketing and advertising, besides the basic yellow page listing. I don't believe this was because of the fact that he was not a good salesman. Heck, to be a good salesman in that industry does not really matter at all. What matters is being the expert at what you do. Plain and simple. Not because his work was such quality as I knew this to be the case, despite the education curve, he simply did not have the longevity mindset to able to carry the weight of the established business through to the end of the reward. Nor did he have the core entrepreneurial management skills to be able to think as a business owner.
The most important thing to keep in mind is to stick to one strategy that is proven effective and stay with it for, at the very least, 6 months. Ideally, you want to be on those same main strategies for a year to see it through that you gain success and achievement. Treating that as a commitment is essential and a worthy goal to go for as long as you refine that strategy as you go along and improve on your entrepreneurial management skills.
So what is your dominant thought in creating your own income with the state of any economy in any circumstances. That all depends upon you. 95% of all business created will be created by none other than you and you alone.
To scientifically create success, investing and marketing, along with advertising i|s only the first step toward financial freedom. To have a lasting long-term income that will create a cash flow for you over and over again will require something more. The power instilled by you as a human being. Not letting negative energies and things hold you back. Not quitting or shifting systems, or business models. Not making excuses, of course as most would realize. But truly developing yourself as a solid and stable human being that feels worthy of this life and has created his own stable way of life though knowing who we are and where we even came from. These qualities we can cultivate, in particular that of gratitude and to appriciate what will proceed the amassing of wealth or anything else we desire.
That is the basic, most scientific way entrepreneurship I can give you to literally make you a success in the industry of your choice.
This helps many to start to understand what is takes to manifest what we all need in our lives.
The knowledge of Why Some Flourish in Entrepreneurial Management While Others Fall Flat on Their Face?
By: Andrew Gallagher
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