100% RESPONSIBILITY & OWNERSHIP
Whenever I ask most business owners why their business is not as successful as it can be,
I usually get these responses:
1. I can’t find good people.
2. There are too many competitions.
3. The economy is soft.
4. The industry is tough
5. people are just not spending
6. I don’t have enough capital
7. if only I had more money things would be different
8. My partner is the problem
9. I have been down on my luck
10. I just don’t have the time to focus on marketing
11. I don’t have enough experience
12. I am too young or I am too old.
The problem with all these above reasons is that they are all aimed at blaming something or someone else.The majority of people with the above mindset tend to give themselves a lot of excuses and blame everything and everyone, except themselves, when things go wrong.
They blame the economy, the government, competition, bad luck, lousy staff, disloyal and difficult customers for their lack of success.
People with this VICTIM mindset will NEVER SUCCEED IN BUSINESS.
Successful entrepreneur mindset will never allow circumstance to control their fate. They have faced all the reason mention above. Success was in their thoughts and actions allowed them to retain the power to change their environment and their results.
Millionaire business owners believe that if there is something wrong with their business it is only because there is something they are doing or not doing in the right way. They believe and have 100% control over their business success and profit.
TAKING RESPONSIBILITY GIVE YOU POWER AND CONTROL
So, are millionaire entrepreneurs successful because everything is going their way? Are successful business owners found only in booming economies, industries and rich countries?Do all successful business owners start off with lots of capital? Rae they blessed with the most motivated and hard working staff? Are they gifted with special luck? We know the answer is a resounding “NO”. In fact, many of the successful and enduring entrepreneurs in the world started off in the worst times and with all the odds stacked against them.
When SOICHIRO HONDA started his company (HONDA) after world war 11,
When FRED SMITH started FEDERAL EXPRESS (FEDEX) his planes were almost repossessed twice by the Finance Companies because he didn’t have the money to pay the installment.
When RICHARD BRANDON wanted to go into the airline business, everyone told him that the industry was tough and that most carriers were losing money.And yet VIRGIN Airlines became highly profitable and took market share away from the market leader BRITISH AIRWAYS.
IF THERE IS SOMETHING WRONG WITH THE BUSINESS THERE IS SOMETHING WRONG WITH THE OWNER!
They believe that if they have challenges with their customers, it’s because they don’t understand customer relationship management. If they have a problem with sales, it’s because they don’t understand marketing. If they have money problems it’s because they don’t understand finance.Similarly, if they have operational problems, it’s because you don’t understand operations.If you have employee problem it’s because you are not doing the right thing in their recruitment,training and retention.
By taking 100% responsibility over your results you are acknowledging that you are creating it, either directly or indirectly. People with this leaders’ mindset believe that “FOR THINGS TO CHANGE, I MUST CHANGE FIRST”.
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