Financial Success...........
The common principles and practices of all men and women who become millionaires in one generation
START UP : Define product and market niche.Create your business model.
Prepare a business plan, then build management team.
Protect your competitive advantage,Raise venture capital
Create your brand, produce and differentiate your product.
INITIAL GROWTH:
Capture market share. Lunch differentiated produce
Gain repeat customers, Expand channel and revenue
Expand management team, Train employees
Start inventing your second stage of growth
RAPID GROWTH:
Reinvent differentiation, And competitive strategy.
Cultivate leaders: Empower employees
Broden lines, Extend geographic coverage
Inject relentless growth attitude in your people.
CONTINUOUS GROWTH:
Build a balanced business system.
Keep reinventing your growth strategies
Establish a responsive innovative system
Develop capability for speed and flexibility.
ENTREPRENEURIAL CREATIVITY
This is simply about coming up with new ideas and converting them into value-creating profitable business activities.
Entrepreneurial creativity is basically made up of:
Entrepreneurial action
Creative thinking skills
Internal and external motivation
Cross functional expertise
ENTREPRENEURIAL ACTION
Entrepreneur is a person who habitually creates and innovates to build something of recognized value around perceived opportunities. He starts from scratch and brings into being something that was not there before. Entrepreneurship is first and foremost a mindset. It is the art of finding and developing profitable solutions to problems – fast!
The Five Critical Success Factors for New Ventures (By: Peter Drucker)
(1). A focus on the market
(2 ) Financial foresight, especially in planning for cashflow and capital needs ahead
(3) Building a top management team long before the new venture actually needs one and long before it can actually afford one
(4) A decision by the founding entrepreneur in respect of his or her own role, area of work, and relationship
(5) For in-company ventures in an established business, insulating the new venture
Building Management Team
The core team should be picked very carefully because its business and interpersonal style becomes the foundation of the company's culture and grows the value system. They should have an impressive track record, skills, and depth of experience in the areas most important to the sustainable competitive advantage of the company. Don't settle for a few average employees – "if you want a track team to win the high jump, you find one person who can jump seven feet, not seven people who can jump one foot."
When building your management team, remember also that top-quality people often emerge from bankruptcies. Prior bankruptcy experience is valuable – failure has its rewards. It is often better to hire a leader who learned from mistakes than it is to hire someone who was just lucky.
You would also need to learn how to manage less and lead more through decentralizing, organizing groups and delegating responsibilities. Learning to distinguish between the core activities, that cannot be delegated, from non-core activities, that must be delegated, is what often separates successful entrepreneurs from business failures.
The core activities that must be performed by the entrepreneur – because no one else can perform them as well as the company founder – are those that give the company its competitive advantage over other companies in the industry.
SUCCESS SECRETS
(1) Dream big dream: Imagine and create an exciting picture of personal wealth and prosperity;
(2) Develop a Clear Sense of Direction - Learn a powerful, proven goal-setting exercise that can change your life;
(3)See Yourself As Self-Employed - Take complete control of your career and your financial life;
(4) Do What You Love To Do - Identify the ideal work for you and then get paid well for doing it
(5) Commit to Excellence - Move into the top 10% in your field and be paid more than ever before;
(6) Pay Yourself First - The most powerful process of wealth accumulation ever discovered and how you can use it;
(7) Get Around The Right People - Surround yourself with winners at each stage of your career;
(8) Be Decisive and Action Oriented - How to identify the most important action steps you can take immediately;
(9) Set Priorities and Concentrate Single-mindedly - Focus on your most important tasks all day long;
(10) Financial success is not the property of the privileged, neither is it the bounty of the fortunate few; financial success is the certain possession of the individuals who are willing to follow the principles of financial success.
Always ensure you drop your feedback on our testimonial page on our websites.
We are here to watch you grow in all area of your life.
We hope you have been blessed.
Visioneer Yinka olawunmi(Success system int'l)
RULES OF SUCCESS
Today, let me briefly introduce you, to the rules of success. To every game, there are rules and likewise to every musical instrument,there are rules that guide its lyrics.For example, you can't want to play a saxophone, the way you play a guitar.Likewise,you can't want to play a football, the way you play a basketball.
The question here is this,why am I painting this scenario?
The answer is simple,You function effectively in the place of your gifting compare to every other area of your life and the rules that govern these area is discovery. First you have to discover, in other for you to recover.After discovery,you have to take time out to do feasibility study, then analyse,and go straight into action.
NB* Analyses here involves synthesizing or breaking down in small pieces the input you are intending to exert on that particular assignment.
GATEWAY TO FINANCIAL FORTUNE: One Event you will never forget:
True success is about acquiring and leveraging unique expertise.It is not about being ordinary.The determination to excel is key to success.If you are determined enough It's mind-blogging what you can achieve.
So choose your field,your specialist subject,your niche,and focus on being the very best at it.Everyone is good at something.The tragedy in life is not discovering what it is.
And ask yourself these question:
What do you need?
What do you have already?
What special talent can you develop?
What weaknesses have you got to manage?
And then it's practise,practise,practise.
Improve
Spend a small part of every week- say,half an hour-working out
What went well;
What went badly;
What you could have done better;
How the next week will improve.
Three simple medicine to more success:
Enjoy it
Practise improving
Set targets
Quote:by Robert P. Vanderpool:
'The most successful businessman is the man who holds on to the old just as long as it is good and grabs the new just as soon as it is better'
Prepare a business plan, then build management team.
Protect your competitive advantage,Raise venture capital
Create your brand, produce and differentiate your product.
INITIAL GROWTH:
Capture market share. Lunch differentiated produce
Gain repeat customers, Expand channel and revenue
Expand management team, Train employees
Start inventing your second stage of growth
RAPID GROWTH:
Reinvent differentiation, And competitive strategy.
Cultivate leaders: Empower employees
Broden lines, Extend geographic coverage
Inject relentless growth attitude in your people.
CONTINUOUS GROWTH:
Build a balanced business system.
Keep reinventing your growth strategies
Establish a responsive innovative system
Develop capability for speed and flexibility.
ENTREPRENEURIAL CREATIVITY
This is simply about coming up with new ideas and converting them into value-creating profitable business activities.
Entrepreneurial creativity is basically made up of:
Entrepreneurial action
Creative thinking skills
Internal and external motivation
Cross functional expertise
ENTREPRENEURIAL ACTION
Entrepreneur is a person who habitually creates and innovates to build something of recognized value around perceived opportunities. He starts from scratch and brings into being something that was not there before. Entrepreneurship is first and foremost a mindset. It is the art of finding and developing profitable solutions to problems – fast!
The Five Critical Success Factors for New Ventures (By: Peter Drucker)
(1). A focus on the market
(2 ) Financial foresight, especially in planning for cashflow and capital needs ahead
(3) Building a top management team long before the new venture actually needs one and long before it can actually afford one
(4) A decision by the founding entrepreneur in respect of his or her own role, area of work, and relationship
(5) For in-company ventures in an established business, insulating the new venture
Building Management Team
The core team should be picked very carefully because its business and interpersonal style becomes the foundation of the company's culture and grows the value system. They should have an impressive track record, skills, and depth of experience in the areas most important to the sustainable competitive advantage of the company. Don't settle for a few average employees – "if you want a track team to win the high jump, you find one person who can jump seven feet, not seven people who can jump one foot."
When building your management team, remember also that top-quality people often emerge from bankruptcies. Prior bankruptcy experience is valuable – failure has its rewards. It is often better to hire a leader who learned from mistakes than it is to hire someone who was just lucky.
You would also need to learn how to manage less and lead more through decentralizing, organizing groups and delegating responsibilities. Learning to distinguish between the core activities, that cannot be delegated, from non-core activities, that must be delegated, is what often separates successful entrepreneurs from business failures.
The core activities that must be performed by the entrepreneur – because no one else can perform them as well as the company founder – are those that give the company its competitive advantage over other companies in the industry.
SUCCESS SECRETS
(1) Dream big dream: Imagine and create an exciting picture of personal wealth and prosperity;
(2) Develop a Clear Sense of Direction - Learn a powerful, proven goal-setting exercise that can change your life;
(3)See Yourself As Self-Employed - Take complete control of your career and your financial life;
(4) Do What You Love To Do - Identify the ideal work for you and then get paid well for doing it
(5) Commit to Excellence - Move into the top 10% in your field and be paid more than ever before;
(6) Pay Yourself First - The most powerful process of wealth accumulation ever discovered and how you can use it;
(7) Get Around The Right People - Surround yourself with winners at each stage of your career;
(8) Be Decisive and Action Oriented - How to identify the most important action steps you can take immediately;
(9) Set Priorities and Concentrate Single-mindedly - Focus on your most important tasks all day long;
(10) Financial success is not the property of the privileged, neither is it the bounty of the fortunate few; financial success is the certain possession of the individuals who are willing to follow the principles of financial success.
Always ensure you drop your feedback on our testimonial page on our websites.
We are here to watch you grow in all area of your life.
We hope you have been blessed.
Visioneer Yinka olawunmi(Success system int'l)
RULES OF SUCCESS
Today, let me briefly introduce you, to the rules of success. To every game, there are rules and likewise to every musical instrument,there are rules that guide its lyrics.For example, you can't want to play a saxophone, the way you play a guitar.Likewise,you can't want to play a football, the way you play a basketball.
The question here is this,why am I painting this scenario?
The answer is simple,You function effectively in the place of your gifting compare to every other area of your life and the rules that govern these area is discovery. First you have to discover, in other for you to recover.After discovery,you have to take time out to do feasibility study, then analyse,and go straight into action.
NB* Analyses here involves synthesizing or breaking down in small pieces the input you are intending to exert on that particular assignment.
- Life cycle of a business rules
- The rules of success are painted below:
- Do what you love to do: Find your true passion
- Be different: Think different "Better be a pirate that join the navy"
- Do your best: Do your best at every task.Success generates more success, therefore be hungry for it.In your organization,hire good people with passion for excellence.
- Make SWOT analyses: As soon as you start a company, make a list of strength and weaknesses of yourself and your company on a sheet of paper. Don't hesitate in throwing bad peoples out of the company.
- Be entrepreneurial: Look for the next big thing. Find a set of ideas that need to be quickly or decisively acted upon and jump through that window. Sometimes the first step is the hardest one.
- Start small, think big: Don't worry about too many things at once. Take a handful of simple things to begins with, and then progress to more complex one.
- Strive to become a market leader: Own and control the primary technology in everything you do.
- Focus on the outcome: People judge you by your performance, so focus on the outcome.Be a yardstick for quality.And advertise your product,because if they don't know it,they will not buy it."Advertisement as you know is the keys to business enlargement-Visioneer Yinka olawunmi"
- Ask for feedback: Ask for feedback from people with diverse backgrounds.Each one will tell you, one useful thing.
- Innovate: Innovation distinguishes a leader from a follower.Delegate, let other top executives do 50% of your routine work to be able to spend 50% of your time on the new stuff.Say no to 1000 things to make sure you don't get on the wrong track or try to do too much. Concentrate on really important creations and radical innovation.Hire people who want to make the best thing work in the world.
GATEWAY TO FINANCIAL FORTUNE: One Event you will never forget:
True success is about acquiring and leveraging unique expertise.It is not about being ordinary.The determination to excel is key to success.If you are determined enough It's mind-blogging what you can achieve.
So choose your field,your specialist subject,your niche,and focus on being the very best at it.Everyone is good at something.The tragedy in life is not discovering what it is.
And ask yourself these question:
What do you need?
What do you have already?
What special talent can you develop?
What weaknesses have you got to manage?
And then it's practise,practise,practise.
Improve
Spend a small part of every week- say,half an hour-working out
What went well;
What went badly;
What you could have done better;
How the next week will improve.
Three simple medicine to more success:
Enjoy it
Practise improving
Set targets
Quote:by Robert P. Vanderpool:
'The most successful businessman is the man who holds on to the old just as long as it is good and grabs the new just as soon as it is better'