Ever wondered what business lessons you can learn from wise people like Benjamin Franklin, Aristotle or Andrew Carnegie? Read on to discover the 7 key ingredients to build your successful business.
#1 Follow your passion
Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. Albert Schweitzer (Nobel Peace Price Winner 1952)
If you want to start your own business, choose something that you love. But make sure there’s also a market for it!
#2 Work on your business not in it
Drive thy business or it will drive thee. Benjamin Franklin (writer, inventor and one of the founding fathers of the United States)
Once you have found your passion, start with a clear business plan and a well worked out strategy. A business plan is an essential roadmap for your business success. A strategy helps you focus on long-term results.
#3 Define clear business goals
Man is a goal seeking animal. His life only has meaning if he is reaching out and striving for his goals. Aristotle (Greek philosopher)
Know what is that you want to achieve at the end of the day, week, month and year. Define clear goals and monitor the results.
#4 Never give up
If you want to get somewhere you have to know where you want to go and how to get there. Then never, never, never give up. Norman Vincent Peale (author of the power of positive thinking)
If ever any business owner would tell it’s easy to have success, I would tell you he is either lying or extremely lucky. We all know it takes time, persistence and a lot of hard work to finally succeed. Those that do are the ones who never gave up!
#5 Be determined to succeed in business
Failure will never overtake me if my determination to succeed is strong enough. Og Mandino (author of the bestselling book The Greatest Salesman in the World)
Once you start your business you will have to overcome a lot of obstacles. If you are determined to succeed, no matter what, you eventually will succeed.
#6 Take action
Action may not always bring happiness, but there is no happiness without action. Benjamin Disraeli (writer and prime minister of the United Kingdom)
A business plan and admirable intentions are great, but results come with action.
#7 Focus, focus, focus
Concentrate your energies, your thoughts and your capital…. The wise man puts all his eggs in one basket and watches the basket. Andrew Carnegie (successful business person)
Chet Holmes once said “It’s better doing 12 things 4,000 times than doing 4,000 things once”. If you want to get results, you need to focus your time and money on one thing. Without focus you’re lost.
Building a profitable business is not easy, but if you follow your passion, work on your business, define clear goals, never give up, be determined to succeed, take action and focus on doing a couple of things really, really well, you will get there!
We love to hear your favorite business quote. Share it in the comment box below.
If you like to discover more famous quotes, go to quotes by famous people.