Seven Formulas For Business Success

Visualize Your Goals :

There are seven formulas for business success. Number one, set a specific goal and visualize it as a reality. Play the picture of your goal as already realized on the screen of your mind over and over again. Number two, look for a problem you can solve with a product or service that is high quality and good value. All successful businesses are based on products or services that are high quality and good value. Number three, start small and learn your business thoroughly. Be patient. Invest time rather than a lot of mo ney.

Bootstrap Your Way To Success :

One of the best ways to build a business is to start off on a bootstrap. This means that you start off with very little mo ney and you grow your business with the mo ney that you ear n in the business, rather than outside financing, borr owing, l oans from friends and so on.

Test, Test, Test :

Number four, test every major move before you invest in it. Test, test, test. Don't plunge into a business. Move ahead carefully, one step at a time. Number five, expand on the basis of your successes, out of your profits, as you move along. In other words, only expand your business on mo ney that you've earned in the business, not on borrowed capital.

Pick Your People Carefully :

Number six, carefully select the people to help you expand and grow. The biggest mistakes you'll ever make will be in picking the wrong people to work with, so be very, very careful in picking the people you're going to work with in your business.

Use Financial Leverage :

And number seven, use fin ancial leverage. Fin ancial leverage is business borr owing, lines of cre dit from the bank, which are based on the cas h flow from your successful business. The whole aim of starting a business is to develop a consistent, predictable source of cas h flow in excess of cost and expenses and then to hold to the mo ney. Banks will lend you all the mo ney that you can service as deb t with your cas h flow.

Start Off Part Time :

One final thing that you can do, and I've recommended that many people do this over the years, is if you're starting off with no mo ney, go to work part-time for a business in a field that interests you. It's a great form of on-the-job training. Work evenings or work week ends. Or work on your holidays if you like. 

Sometimes a business that looks big from the outside will look terrible once you start working for it. But sometimes when you start working for a business, you start to get a great understanding of how it works and you get insights on how you can improve it.

Learn What You Need To Learn :

Remember this, though, most businesses fail because of manager incompetence. So take the time to learn what you need to know to succeed. Be patient. The time you invest before you start will pay off over and over again in the months and years ahead.

By: Brian Tracy

Believe In Yourself

When you Really want something,
sometimes you have to swim a little deeper....
You can't give up just because things don't come easy....
You have to overcome the obstacles and face your fears....
But in the end, it's all worth while! Life is full of ups and downs,
but if you believe in yourself you will always come through with
flying color....Value friendship, love and faith....
Never underestimate yourself.
Believe in yourself.....!

Have a Good Life!!!

Pickup in the Rain

One night, at 11:30 PM, an older African American woman was standing on the side of an Alabama highway trying to endure a lashing rain storm. Her car had broken down and she desperately needed a ride. Soaking wet, she decided to flag down the next car. A young white man stopped to help her - generally unheard of in those conflict-filled 1960s. The man took her to safety, helped her get assistance and put her into a taxi cab. She seemed to be in a big hurry! She wrote down his address, thanked him and drove away.

Seven days went by and a knock came on the man's door. To his surprise, a giant console color TV was delivered to his home. A special note was attached. It read: "Thank you so much for assisting me on the highway the other night. The rain drenched not only my clothes but my spirits. Then you came along. Because of you, I was able to make it to my dying husband's bedside just before he passed away. God bless you for helping me and unselfishly serving others."

Lessons:

* Offer help to anyone who needs it

* Thank others for helping you.

* If you help someone. Someone will help you.

If everyone does just these, the whole world will live in happiness.

- Author Unknown

Leadership Lessons from Everyday Life

"Leadership is a capability that each of us has within us. It is formed as we take on the opportunities and challenges of everyday life, and it is measured by our successes and failures. It is my belief and experience that the leadership lessons we learn in our everyday lives can and should be carried with us into our work environments, and that they can help us become better leaders of our people. As I have reflected on leadership over the years based on my own experiences across several countries and continents, I have been inspired by people everywhere, irrespective of their country or their socioeconomic status, who exemplify the true qualities of leadership. And they do so by the strength of their character and their authenticity -- by the way they live their lives every day." 

- By Vinita Bali

The Law of Ambition

Leaders have an intense desire to lead; they have a clear vision of a better future, which they are determined to realize. Vision is the one common quality that separates leaders from non-leaders. Leaders have a clear picture of the kind of future they want to create, and they have the ability to communicate this vision to others in an exciting and inspiring way. 

Key Responsibility of Leadership :

People may work steadily for a paycheck, but they perform at high levels only when they are inspired by a vision of some kind. The development and articulation of this vision is a key responsibility of leadership. 

Leaders Visualize :

Leaders have the ability to visualize, to see the big picture and then to inspire others to work together to make it a reality. The true leader sees leadership as a tool he or she can use to bring about a result that is bigger and more important than any single individual. 

Become a Leader : 

You become a leader when you set a goal, make a plan, and then throw your whole heart into making it a reality. You become a leader when you develop an inspiring vision for yourself and others. You become a leader when you know exactly where you want to go, why you want to get there, and what you have to do to achieve your vision. 

Leaders Explain :

Leaders can explain clearly to other people what it is they are trying to accomplish, why they are trying to accomplish it, and how they are going to bring it about. They are eager to get results and they are impatient with delays. They are excited about what they are doing, and as a result, they get other people excited as well. Leaders have goals, plans, and strategies that they are working to implement every day. They are in a hurry. They have a lot to do and they feel that they have too little time. 

Clarity :

Perhaps the most important part of ambition is clarity on the part of the leader. The leader has a clear vision, clear values, a clear vision, and clear, written goals, plans, and strategies for his or her department or organization. Most of all, leaders want to lead, to be in charge, to be responsible, to make things happen. They are willing to endure the risks and the sacrifices that are required to make a real difference in their worlds.

- By Brian Tracy 

Awakening...

Awakening, dawn's chorus
Welcoming,
The day new, untouched
Waiting to be filled....

And will we paint a rainbow
With all its promise
Or dull the canvas
Sadly seen?

Each day brings its own colours
To be chosen, mixed,
Pigments of joy,
Happy moments,
Smiles and laughter....

And which will you choose?
For 'Life' is choice,
We are all painters
In our own way,
All needing to create
Something of worth,
Of lasting beauty,
Marking our journey....

Footprints in the sand....

The sky today is azure,
The sun warm and golden
A filigree of light and shadow-play
Through the gently swaying trees.

I clean my brushes,
Choose my palette
Of vibrant, living colours,
And begin to fill
Today's blank canvas

- By John McLeod

Always Grab The First Opportunity.

A young man wished to marry the farmer's beautiful daughter. He went to the farmer to ask his permission. The farmer looked him over and said,

"Son, go stand out in that field. I'm going to release three bulls, one at a time. If you can catch the tail of any one of the three bulls, you can marry my daughter."

The young man stood in the pasture awaiting the first bull.

The barn door opened and out ran the biggest, meanest-looking bull he had ever seen. He decided that one of the next bulls had to be a better choice than this one, so he ran over to the side and let the bull pass through the pasture out the back gate.

The barn door opened again. Unbelievable. He had never seen anything so big and fierce in his life. It stood pawing the ground, grunting, slinging slobber as it eyed him. Whatever the next bull was like, it had to be a better choice than this one. He ran to the fence and let the bull pass through the pasture, out the back gate.

The door opened a third time. A smile came across his face. This was the weakest, scrawniest little bull he had ever seen. This one was his bull. As the bull came running by, he positioned himself just right and jumped at just the exact moment. He grabbed... but the bull had no tail!

Life is full of opportunities. Some will be easy to take advantage of, some will be difficult. But once we let them pass (often in hopes of something better), those opportunities may never again be available. 

So always grab the first opportunity.

- Author Unknown