These tips aren't just theory I've made up, these tips are some that I genuinely believe have contributed to the success I've had in my online business. I've had success with Amazon FBA, but I've also had success building my own personal brand. I coach people, I've created online training programmes, I've helped people take action in their lives.
Start your business the right way so you can accelerate to the life you want! Internet-based businesses give you the success and freedom you want in your life. This is what this whole series is all about!
This is the biggest principle I can share with you. It's a leap of faith, no matter what business you're in. It doesn't matter what business you're trying to build or what stage you are in your business. It's got to start with some belief. You have to believe you're going to be successful in your business.
I remember when I first began my online arbitrage business in 2015, I had to believe that that was going to be a successful business for me. Otherwise what's the point? There is no point in continuing if you don't believe it is going to be successful for you.
If you are currently consuming information to take action, great. Consume it, believe it, take action. If you're already taking action and you're experiencing some setbacks and challenges, this is good. You are becoming the person necessary for the success you want!
If you want to achieve anything in your business, it's a fundamental success principle to model people who have achieved success.
It doesn't matter how you go about modelling them. For me, I model everybody who is successful from friends to mentors and coaches. I've paid for coaching and online training programmes, I've gone to seminars and I'm always doing this and trying to reverse engineer how people achieve their success.
Last year I purchased a £1000 training programme just to learn how I can impact and reach people and really build my confidence and brand up because I realised I want to model successful people and took action on it!
You have to focus. When you've made the choice to start your own business, you've got to focus on that one person you've chosen to model. You have to model that person and do whatever they're doing.
Don't let outside distractions get to you. You can't let someone tell you to do something that is contradicting the person you're trying to model. Just focus on them.
This is why some people get stuck in their tracks. It's the "shiny object syndrome". Focus in for a long time on one person. Success takes a long time. If you think you're going to get the success immediately within a month of starting a training programme or coaching, you have to focus.
You've got to build a team. It doesn't matter where you are in your business cycle. If you're right at the beginning, you are the one man team, but you've got to understand that long-term, as you continue down your path, you have to start recruiting and building a team. There is only so much you can do.
I started building my team the second month into my business journey because I knew I had to leverage myself. I had to be successful in working smartly in my business. I can't do all the tasks in my business, so it's so important to build a team.
You do this in stages. Wherever you are, you need a plan of recruitment. Separate your business up into stages, invent the positions, you have to have a plan for it!
So many people want a quick fix. They go from business to business because they feel it's not worked. You have to think long-term and apply all these principles to your business.
Whatever business income stream that you're in right now, think at least two years of taking massive action. You've then also got to think along the lines of multiple income streams. Think about how you can build other businesses simultaneously.
Don't undermine and lose the focus, but you have to think long-term!
These are my 5 success business principles! Let me know what you think of them. I really like these 5 because these are what have fundamentally allowed me to get to the stage I am in my business now, and I would love to know where you are in your business journey!
If you have any questions, let me know in the comments! 🙂
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