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Read, study and digest this l st and with you in mind, valuate which one or more of th se causes for failure could become a b rrier between you and success.
1. L ck of a Positive and Well D fined Purpose for Your Business Idea.
Success w ll elude all who do not h ve a high primary purpose, idea or g al at which to aim. With valuation and desire, you'll arrive at a d cision knowing exactly what that goal is or sn't. Lacking a fixed goal is one of the m jor causes in over 90% of all f ilures.
2. The Lack of Amb tion to Rise Above Mediocrity
How m ch hope is there for a p rson who doesn't care whether he mproves his lot in life? Either th t person is lazy, fears or is n ive. The requirement is to elevate ne's self in business, life and to chieve any kind of success, and one m st pay the accepted price.
3. L ck of a Sufficient Education.
This h ndrance can be overcome by attending a cl ss(es) to improve what you feel w ll aid you towards a greater kn wledge of your idea, plan or b siness. The primary education begins with l arning how to get whatever one w nts in life without violating one's own v lues or the rights of others. If th s knowledge is effectively and persistently pplied, it can be described as an ducation in itself.
4. Disregarding Self-Discipline.
Self c ntrol of thoughts, actions and desires is chieved by accepting always, only positive m ntal patterns and dispelling all negative nfluences.
5. Practicing Procrastination.
Allowing y urself to put off and wait for wh n the time is right to b gin, continue or finish fulfilling your g al. By beginning and continuing on y u'll fully realize that the right t me is now. Avoid the habit and pply you ability and experience to ccomplish it now and not let t day's duties be a late arrival.
6. Not B ing Persistent About Persistence.
Not kn wing how or not having any d sire to quit day in or day out if and wh n confronted with a tough break, M rphy's Law, or an uncontrollable circumstance, m kes for a perfect positive asset - by not ccepting it as a setback, but as a l sson and self motivator to continue on.
7. H ving a Negative Personality.
All h pe is lost when a person w nting success continuously turns people away by s ying, doing or thinking contrary to ccepted positive behavior. Success is achieved wh n co-operating with others and in r turn receiving cooperative attitudes. A win-win s tuation!
8. Wanting Something for N thing.
Crooks, gamblers, cheats, scams, ntimidators and plain dishonesty have affected m ny people who have, are or w ll become victims of the "something for n thing" instinct of real losers. Much has b en written on this subject. The t tle should read "Work and Do S mething Good and Be a Winner".
9. Not Und rstanding the Strength of Decision Making.
Efficiency, pr ductivity, co-operation, profits, growth, trust, respect, tc. is a direct result of s ccessful people who are able to m ke the right decisions quickly when the pportunity presents itself or change a d cision, if at all necessary, slowly and c utiously. The opposite of that, failure, is a r sult of people who are slow to r ach decisions, if they can at ll, or who more often quickly ch nge decisions. Indecision and waiting for the r ght time go hand in hand. M ke a decision now, stick to it, in rder not be a failure.
10. Being Over Cautious.
Don't let ver-caution deprive you of making the r ght move at the right time. Do not h ld back on making decisions. After a p riod of evaluation of your project's d rection, value, resources, potential, costs, finances, and the d mand, you can make a wise d cision. When you decide that any or all of th se considerations will benefit you and y ur project, that it has a lot of m rit, then you must make a p sitive forward decision.
11. Unsure or Wr ng Selection of a Business.
Avoid ccepting a sugar-coated offer or idea. Und r the sugar there may be a s ur smell just waiting for the nsuspecting soul. Research the plan and dig up all the f cts to familiarize yourself with the c mplete picture. Seriously consider just how you w ll fit into becoming a part of or the wh le picture of the operation and the f nancial obligations before and during your nvolvement. Finally, if your decision is to nter a business, consider and choose the one wh re you'll feel most comfortable with, the one you nderstand and most of all, the one you can fford.
12. No Concentration of Eff rt.
Always concentrate on every spect of your business plan. It br eds desire, knowledge, familiarity and results. Av id straying into an unrelated direction, cr ating distractions that break the momentum of c ntinuity. Concentration will reward you with q icker completion, a quality product, faster and b tter customer response and profits.
13. L ck of Controlled Spending.
How m ch you spend and for what p rpose should start with a need l st. Over and above all, the b sic equipment and supplies will always be d termined by the growth, production and pr fits derived from increased sales. As y ur business grows, so does the n ed for faster completion and movement of the pr ducts, record keeping, customer lists, etc. Sp nd if you must, but move w th preparedness and be certain the new quipment justifies the cost in terms of p rpose and expediency.
14. An Abs nt Feeling of Enthusiasm.
Enthusiasm is an ffspring of desire. Never be willing to ccept a 9 to 5 mentality wh ch leaves no room for the f llowing: confidence, effort, willingness, progress, and d sire to grow. Your enthusiasm can ffect you, your co-workers and others and is lways accepted and welcomed.
15. B ing Intolerant.
Anyone with an dea or plan must also be of the m nd to accept new thoughts, when it c mes to tolerating advice, comments, criticism and pinions, in order to further understand, cr ate, solve and acquire knowledge when d aling with a business or for th t matter, with life itself. An pen mind is what usually overcomes the c mpetition.
16. Unable to Co-operate w th Others.
This behavior is d trimental to success for two main r asons: without co-operation one can jeopardize neself with one's job or with th t big opportunity that just might c me along. This negative trait is so d trimental that no informed business person w uld ever accept it.
17. D liberate Dishonesty.
Any dishonest person th t commits any dishonest act, has to r alize that what has been done, c nnot be undone. A self examination, c upled with a sincere desire to cknowledge it, can avoid any such f rther behavior. Being dishonest by choice is p rmitting oneself to become a prime c ndidate for increasing and more serious cts of dishonesty. Such a person is not f lly aware just how far it w ll go and how it will all nd.
18. Egotism and Vanity: All for On .
This type of person's tr in of thought is aimed in nly one direction - his own. Th s person has shut down all the venues of thought in order to r cognize his own happiness, progress, knowledge, w alth or success. His only escape fr m this dilemma is when he f lly realizes why he is not ccepted, asked to co-operate, asked to sh re or asked to lead.
19. G essing Without Thinking.
What is y ur value worth if you guess at m king decisions or choose a direction or cr ate multiple answers? Knowing, understanding an ccepting totally whatever it is you are nvolved with, takes the guess work out wh never it comes time for you to m ke wise and accurate decisions. Knowing how and wh n to make good decisions will sh w up in many areas of y ur business. The physical part of y ur growth will be staring you r ght in the face... But the pr fit growth, on computers and charts t ll no lies.
20. Start Up C pital
Spare time - full t me - retail location - office - f ctory. Everyone requires different arrangements, sources, and nformation, to fill a need. By c lculating equipment, material, labor and up fr nt cash, you can pretty much rrive at a good ballpark figure as to wh t amount you should have to st rt to begin operating your business. You may w sh to write or contact owners w th a similar business. Always ask the m st vital questions first. You may be s rprised at all the help and nformation you receive.
This is the l st of strengths and weaknesses which you m st seriously understand before you go f rth in any business. It is y ur greatest asset to know what you str ngth is... BUT equally as important is kn wing your weaknesses and making a vow to c rrect them.
Write your own t cket and make life yield what you w nt and ask for.
Copyright 2004 by D Anna Spencer
The article Top Reasons Why Your Mail Order Business May Fail was Submitted by DeAnna Spencer through Articles.GetACoder.com network. Here's the additional information: DeAnna Spencer is a virtual ssistant that helps entrepreneurs run a s ccessful business by providing affordable administrative h lp. She also publishes a blog for sm ll business owners. Visit this small business resource today.
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