Connect with us

Self Development

Never Lose Sight Of Who You Are And What Got You There

How do you avoid these traps?

Warren Bonheim

Published

on

personal-development-confidence

Building a business is grueling and there are many things that will distract you from your original intent. While growth and change is good, there are some “traps” that you can fall into.

As your business grows you will be pulled in a thousand directions, more often than not you will end up serving functions that are not your core strengths.

You may also step outside of your normal realm of business to appease a client or go after some “easy” money. All of this will defocus you and your business, and in no time at all this can start a downward spiral of both financial and reputational damage.

Related: 12 Reasons Entrepreneurs With Type-A Personalities Are Unstoppable

How do you avoid these traps?

Play to your strengths

Every entrepreneur has a particular strength (or two) that has contributed to the success of the business. Often what lands up happening is that you take on different functions to ensure the business is managed and clients are serviced. But these functions detract you from what you are really good at.

If you are very effective at sales and marketing or finance or product development then do that, because that’s what got you there!

You don’t have to be good at everything, rather surround yourself with other people that are good at the things you are not. Diversity is strength! Jack Welsh has always been a firm believer in a strong management team and this strategy enabled him to build his empire.

Focus on your competitive edge

competitive-advantage

Focus on your competitive advantage or value proposition and build on that! To get ahead and stay ahead you need to be clear and have a laser sharp focus.

That focus should always be playing to your company’s strengths – your competitive edge. And while you focus, never be afraid to fail. Failing is learning but learn fast and turn the lessons into actions.

Related: Competitive Strategy

Add more value to your customers

I believe to expand on your business you need to look at it like a series of rings from small too big.

You start at the smallest ring and then when you are ready, take one small step to the next ring. This step should be the next logical complementary product or service.

The more complementary the better, as this will allow you to serve your existing base of clients on the back of an existing trusted relationship.

Offering more value to new and existing clients creates not only more revenue but greater loyalty. The less you are entrenched in your customer’s business, the easier it is for them to move to the competition.

Clear your headspace

In order to understand your customer’s needs and keep an eye on the market, you need to take a step back and assess from time-to-time.

Related: 4 Time Killers You Need To Eliminate

Being too operational and burning yourself out, is not a long term success strategy. You will get some of your best ideas when you take a step back from the business and get some headspace.

Having a balanced life isn’t a suggestion, it’s an absolute necessity. If your management can’t run the business for a week while you are away, then there’s your first problem to fix.

At 36 years of age Warren is the founder and CCO of Zinia, a highly profitable multi-million rand Internet Service Provider (ISP) and wholesaler that is growing 70% year-on-year since its inception in 2009. He started Zinia with his business partner Frank Mullen and from the outset ran the company like a big business with tight controls, a strong management team, statistics to inform decision-making and a process methodology that revolves around simplicity and innovation. Warren is the quintessential self-made entrepreneur: at the age of 22 he started and ran a PABX and Premicell business in the telecoms industry for seven years. His tech and business experience mixed with a passion for seeking “what’s next” is what makes him the successful leader he is today. Follow Zinia on Twitter.

Self Development

6 Mental Barriers You Must Tear Down To Succeed

The world has few obstacles as formidable as the ones in our own mind.

Timothy Sykes

Published

on

Mental Barriers

Have you hit a slump in your career? If you are finding it difficult to get ahead, it could be because you’re inadvertently holding yourself back in ways you don’t even realize.

Many of us have unhealthy habits and behaviors that stunt our career growth. By becoming aware of them, it’s possible to begin facing these obstacles head-on so that you can remove potential roadblocks to your future success. Here are 6 surprising things that are holding you back:

1. You don’t know the basics

What if you were to build a house on top of a weak foundation? It might be fine for a while, but one day, it would inevitably cause problems and affect your quality of life. Similarly in your career, if you don’t take the time to form a strong foundation of knowledge in your field, it may keep you from advancing and growing later on. Therefore, it’s vital to learn (and sometimes to re-learn) the basics.

There’s no shame in hitting the books and learning the basics or re-learning them, even well into your career. You know how when you re-watch a movie or re-read a book you pick up on things you didn’t notice the first time around? It’s very much the same in career education. So whether you’re a baker or an investor or a manager, make sure to develop a strong foundational knowledge of your field of work. It will serve you in many ways as your career advances.

Related: Purposeful Work: The Six Barriers To Fulfilment In The Workplace

2. Vague goals

Setting clear and specific goals is one of the major building blocks of career success. On the flip side, without specific goals, you’re more likely to suffer from lack of motivation and aimlessness in your career.

Want proof? Consider the work of Dr. Edwin Locke, who released a still-relevant article in 1968 entitled “Toward a Theory of Task Motivation and Incentives.” In this research-based article, he determined that employees were most highly motivated by clear objectives and specific feedback.

Working toward extremely specific goals provided a major source of motivation to actually reach the desired end result, which improved performance. Moreover, specific and difficult goals led to better task performance than vague or easy goals.

3. Caring too much what others think

According to Aristotle, “There is only one way to avoid criticism: Do nothing, say nothing, and be nothing.” Are you too much of a people pleaser? If so, this tendency could be holding you back from finding the success you deserve.

No matter what you do, you’ll never please everybody. Yes, you should always make your best efforts in any endeavour, and you should always try to be respectful of the opinions of others. However, don’t let other people’s opinions affect your every move. If you do, you’ll constantly operate from a place of fear and will never achieve great things.

4. You’re trying to figure out everything without a mentor

 Bill Gates, Bob Dylan, Oprah Winfrey. What do these people have in common? They’re all crazy successful…and they all had mentors.

Many people suffer from the belief that to become successful, they have to do the equivalent of climbing Mount Everest alone. However, this mindset is likely stunting their career and slowing down success. Truthfully, seeking out the guidance of a mentor is both a brave and smart career move. A mentor who is further along in their career than you can help advise you, point you in the right direction and help you avoid common pitfalls. There is so much to gain from having a mentor; why hold yourself back by trying to do everything alone?

5. Poor time management

Without a doubt, pursuing a new career or business endeavor takes time. Many people claim that it’s impossible to work toward their dreams because there’s just no time. But is this really true?

The fact is, nobody’s ever going to gift wrap extra time and give it to you like a present. It’s your responsibility to make time. It might involve changing some of your habits like bingeing on Netflix or getting lost on Facebook for hours on end. Or, it might mean that you wake up early in the morning like Apple CEO Tim Cook, who gets up at 3:45 so he can answer emails and take some time for himself before the responsibilities of the day descend. There are always ways to make time for what matters if you’re truly driven to succeed.

Related: Is Your Business Prepared For The Worst? How You Can Stress-Test Your Business

6. You stopped learning

Lifelong learning is a trait of the most successful people. Don’t you want to be one of them? If you think you know everything, then there’s no possible way for you to continue moving forward in your career or even your life.

As Malcolm X famously said, “Education is the passport to the future, for tomorrow belongs to those who prepare for it today.” When you approach the world as if you can learn from every experience and every person, you’ll reap many benefits. You’ll be able to keep improving, you’ll be able to remain mentally nimble, and since you won’t be a know-it-all, people will probably like you a lot better. Never stop learning if you want to keep growing.

Are any of these things secretly holding you back?

This article was originally posted here on Entrepreneur.com.

Continue Reading

Self Development

(Infographic) How 9 Creative Minds Got Their Ideas

From doing headstands to drinking 50 cups of coffee a day, check out the quirky things that these nine creatives have done.

Published

on

cat-in-the-hat

Coming up with new, creative ideas can be tricky. That’s why it’s important to find a way to get inspired. After all, it’s our own unique rituals that can bring mental clarity and creativity. That could be a quirky habit or routine such as doing headstands or wearing lots of hats.

Igor Stravinksy did headstands, which he believed helped to rest his head and clear his brain. Author Dr. Seuss felt that wearing lots of crazy hats helped inspire his creativity and overcome writer’s block. However, those aren’t even the strangest routines that some of the world’s most brilliant minds have utilised. Steve Jobs bathed his feet in toilet water to reduce stress levels while Honore de Balzac drank up to 50 cups of coffee a day.

Check out Business Backers infographic below to learn the weird ways that nine creative minds got their ideas.

1533319920_unusual-inspiration-infographic

This article was originally posted here on Entrepreneur.com.

Continue Reading

Self Development

15 Traits Of Unstoppable People

Unstoppable people keep their inner fires burning by developing the characteristics necessary to become successful.

Published

on

Prev1 of 16

successful-people

Unstoppable people are like warriors. They are always ready to take on the world. They are guided by a light from within, full of boundless energy and unwavering in their goals. They have learned to activate their natural talents and develop the skills necessary to achieve whatever they aim for.

How do they do this? Where do they find the stamina and strength to keep going? Unstoppable people keep their inner fires burning by developing the characteristics necessary to become successful. Here are 15 traits that will help you go from being a solid achiever to being a truly unstoppable person.

Do you have any yet?

Prev1 of 16

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending