Business Tips to Beat the Competition

Savvy entrepreneurs like Bill Lyons have taken small ideas and even smaller companies and turned them into huge successes, thanks to big dreams and hard work. But these successful people have also had to make some mistakes along the way to understand what works and what doesn’t. Bill Lyons, San Diego software start-up company founder and former CEO of one of the fastest-growing companies in San Diego, managed to turn a company with no revenue into a company that was bringing in $20 million annually. Those kinds of successes are why it’s such a good idea to take a few tips from such experts.

Of course, you need to have talent, skills and smarts to be successful, but there are a lot of other competitors out there who have all of those attributes, as well. Here are a few business tips that will help you beat the competition:

Do Something You’re Passionate About

This should go without saying, but it might shock you to learn just how many people are in businesses that they don’t care about – and that includes the business owners! If you aren’t passionate about what you are doing for a living, your lack of passion will come across in the way people perceive your business and the effort you put into your own success. Having passion will also help you stick with the business, even when times get tough. This isn’t something you can learn – you are either passionate about your business or not. So if you’re not, it may be time to consider doing something else. Passion creates excitement, enthusiasm, belief and the necessary momentum for explosive growth.

Forget About Fear

Fear will only hold you back from any goals you want to achieve in life, especially when it comes to your business. While a little bit of prudence and caution is good, you will never see the huge successes you’re dreaming of if you don’t take risks. You might make a few mistakes along the way, but it isn’t a failure unless you don’t learn anything from it. Dance with the fear or feel the fear and do it anyways. Fear and doubt go away when you “act as if” you are already there and it has already happened. Focus in on your vision with razor sharp precision, imagine it in color, make it become real in your mind and then in will come to life in this dimension.

Never Budge From Your Core Values – But be Open to Change Elsewhere

You never want to lose sight of the mission and values that led you to start your business in the first place, but you have to expect that other plans and goals will change over time. So remember to be flexible when it comes to your plans and strategies. This freedom to be flexible is one of the nice things about being a small business owner, after all. Just don’t give up on your values. Don’t allow others values to become your own or a distraction but make sure they aren’t incongruent. Values that are out of order or incongruent can cause problems when you get big so make sure they are aligned now.

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: