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Don’t despair if you are not “gifted.”

Being overly gifted can be a detractor. Gifted people get annoyed when others don’t see things that to them seem completely obvious and simple.

In fact, a brilliant idea is neither necessary nor sufficient for a successful business. Look at Microsoft, it has never had a brilliant idea in its history. 

Implement these three steps.

Do things other people are afraid of.

Most people are afraid of public performance. Make it a point to hone your public persona. Volunteer to speak whenever there is an opportunity. Rotary clubs, Toast Masters, Women’s Clubs are all actively seeking speakers to full up their agenda. The topics are a broad as the sea. The very charters of many of these groups are founded on the importance of examining new ideas and perspectives.

An average guy is reluctant to contact a successful businessman to present him an idea he believes in. On the other hand, no qualms are experienced when trying to hire the best person to do a job. Go ahead and make the contact. Tell him what you’re doing up front. Truly successful people are willing to contribute to the success of others.

Make some mistakes.

If you are not prepared to go wrong, there is no way you will learn the way to go right. Fall, learn, rise and keep moving forward.

Think about it this way, businesses with fewer than 20 employees have only a 37% chance of surviving four years in business and only a 9% chance of surviving  10 years (Dunn and Bradstreet, 1998).  Is that bad? Shoot no! If you look at the numbers you see you have 37% chance of success. Those are pretty darn good odds. And if you take the time to address some of the common trip wires, you’ll have an even greater chance of success.

Tripwires.

1. insufficient operating capital
2. lack of realistic planning
3. lack of business management skills
4. unaware of ordinances and regulations
5. delay in collecting accounts receivable
6. insufficient money for start-up costs
7. negative cash flow
8. unpredictable extraordinary circumstances
9. misconception of the actual amount of work required
10. corrupt or unethical behavior
11. dishonest employees
12. lazy employees

Remember, failing is the natural ingredient of personal growth. It will make you respect yourself because you will experience the hardships for growth.

The reality is, experiencing one business failure greatly increases your chances of a subsequent success.

Be sociable.

People will decide of your success or failure. Never underestimate the role of social networks, being seen, and talking to people. Wealth is in hands of human beings, and you need to communicate with people on a personal level all the time.

There is a person behind every dollar spent on this planet. 

Treat people with respect.  

Share a kind word with people around you.

Sanguine Temperament.

The struggle area for you is in taking the time to carefully address each of the tripwire issue in advance. But, if you tell yourself this is the price for getting to the fun of achieving wealth you will be able to navigate it well.

Choleric Temperament.

The only difficult area that you may encounter on this series of tips is your aversion to mistakes. The key is to remember you are the control factor which determines whether, or which component was a mistake. Keep your desire to push through in check long enough to analyze and learn from the circumstances.

Melancholic Temperament.

This wealth key is custom made for you. Your deliberate, dependable, analytical nature is perfect for successfully implementing this key.

Phlegmatic Temperament.

You target area is to take in stride the necessity to open yourself up to failure without the security of having evenly distributed risk. View the out of the box thinking as necessary to establish a greater cosmic order.

Supine Temperament.

All of the elements of this key are designed to create success of the mission. You are willing to do what it takes to achieve success for the greater good. Any of the areas of this key are designed to bring about that greater good.

This entry was posted on Friday, November 16th, 2007 at 3:14 pm and is filed under Elemental Truths, Reg Adkins, behavior, choleric, melancholy, personal development, sanguine, success, supine, temperament, tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.