4 Qualities Required To Start Your Own Business

As an entrepreneur, I strongly believe that to become wealthy; you need your own business. This is a true statement  which is regarded as being established, accepted in the business world.

To many people, wages are like a hobby as well as a soruce of security. In the United Kingdom, only two percent of the population earns more than £3,000 per month. And they are almost exclusively managers and business owners. There are very, very few specialists among those two percent, and most of them earn just a little above £3,000.

The higher you go on the wages ladder, the fewer managers you can find and the more entrepreneurs there are. At some high enough point, there are no specialists. In the U.K and the United States, the level of “no specialists” point is higher, but the rule is the same: if you want to get big bucks, you need to own a business.

I remembered at the beginning of embarking on the journey of owning my business, it was really hard because I don’t know what it takes to succeed in business. What is more, my mindset is an employee’s mindset. I don’t believe I can earn more than £3,000 a month in the same way I don’t believe I can fly to the moon. It’s not possible!
Even Though It’s Actually Possible

There were people who started where I did and achieved enormous success. For Example;

  • Jim Rohn, at the age of 25, was employed and broke. By the age of 31, he was a millionaire.
  • Bob Proctor was a broke employee at the age of 24. He set himself a goal to earn $4,000 in the next year, and he earned $170,000.

start your own businessChange Your Mindset, Own Your Business

There are more of such cases. It’s possible to get rich. If they could do it, then there is some way I can do it, too. And a way you can do it as well. The formulas for getting rich are different for each person; there is no sure way to success, or most of us would already be wealthy and happy. But there are some common traits.

  1. Faith

Some people say you have to believe in yourself, but that’s not true. At least, it isn’t true in every case. Jim Rohn had little self-doubt.

But Bob Proctor says he didn’t believe he could earn $170,000; he only believed that his mentor certainly believed that it’s possible. So Proctor believed in his mentor’s faith.

Wallace D. Wattles, a New Age author, recommended believing that the universe is built from the basic thinking substance, which is friendly to any progress and from which you can influence using the power of thought. If you think that’s preposterous, think again. At least, a few modern millionaires credit part of their success to his book, The Science of Getting

  1. Vision

If you have heard about a man or woman who claims that dreams, goals and visualization were not necessary to reach their successes, please refer me to them. It will be the first such testimonial I’ve encountered.

Jim Rohn was one of the most down to earth people in the world. He mocked the idea of personal affirmation more than once. But when it comes to goals, he had always advised visualizing the results in your mind when setting them. Wallace D. Wattles, on the other hand, set personal vision as the first and central element of getting rich. Whereas, Jan Beyzym wrote in his letters that by closing his eyes, he was able to see a hospital for the lepers he wanted to build clearly in his mind.

  1. Work

It doesn’t need to be hard work. It doesn’t to be a grand one. It has to be incessant. Jim Rohn said he became a millionaire in six years because he consistently did easy things. His definition of easy: something you can do.

Wallace D. Wattles went even further with his mystical inclinations. He advises to just work with your vision in mind. No matter what you do, you will reach its realization one day, if you work every day having your dream in mind. Once again, don’t ridicule him. Some millionaires claim it works.

  1. Putting It All Together

The proportions of how much of each of these elements you should put in to reach success may be different for you, but all of them are essential.

So I urge you to formulate your dream, to find faith in something inflexible—a Higher Power, yourself, your spouse, your friends, your mentor—and to lay down a way to work on your dream every single day. This is the way to get the results.

Please do let me know what you think……

 

Thanks

 

Kindest Regards,

Kenny Olowu

kenny_olowu

Online Business Coach

Skype Me@ olosko2011

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Please feel free share your opinion or comment to this blog post, I look forward to hear your contribution.

 

Post By kenny olowu (131 Posts)

Kenny Olowu is a young and success driven entrepreneur! He loves to connect and network with like minded people. He enjoys teaching and helping others to succeed He love people who like to achieve great things and build a great team of LEADERS. You can connect with me to know more about what i do on Facebook and Twitter

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kenny olowu

Kenny Olowu is a young and success driven entrepreneur! He loves to connect and network with like minded people. He enjoys teaching and helping others to succeed He love people who like to achieve great things and build a great team of LEADERS. You can connect with me to know more about what i do on Facebook and Twitter

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