Saturday, August 20, 2011

If at first you do not succeed


!±8± If at first you do not succeed

We've all been there. Maybe we have a passion that we like to do in a profitable career. Or maybe we have a special ability that can be easily converted into a business on the market. In any case, you can create your own small business can be exciting - and scary. Once the perseverance and the "thick skin" to get through successes and failures is of utmost importance. Staying motivated to persevere is the fuel of running your business.

In his book, If at first you do notSuccess: the eight patterns of highly effective entrepreneurs, Brent Bowers - former editor of Small Business for The New York Times and Wall Street Journal - examines the known characteristics shared by successful small business owner. A central theme of the Bowers' is that most business owners - who must ultimately be successful - will inevitably fail in their first attempt. Bowers says: "Some entrepreneurs boast of their margins as one of the experts I spoke with told me they are thinking.Mess of things, practically a badge of honor, as long as they have in hand, to take what went wrong and learn from it. "

Bowers is ultimately that these failures are a necessary and natural part of the journey. Turning challenges into learning opportunities, small businesses can customize their learning process and the path to ultimate success.

Bowers structures his chapters around the model to the exploration of eight key competences, which he described as important for entrepreneurial success.These include:

o The ability to recognize and exploit opportunities

An overwhelming need to coupled or be charged with a gift for leadership

o The flexibility to come up with creative, out-of-the-box solutions to problems or obstacles

or incredible energy and tenacity in pursuing their goals

and unwavering faith in their business processes

o The ability to intelligent risk-taking

o The ability to recover from setbacks and see failure as one step on the road toultimate success

Bowers goes on examples from many successes that at some point experienced the agony of defeat to sue. An example is dissecting James Poss, who spent his childhood, the repair and the creation of gadgets. He later founded the Seahorse Power Company, which makes solar-powered waste compactor. Bowers writes of Cameron Johnson, who started in business with nine years of selling greeting cards online, then $ 1000 of his sister in toys for auction on eBay, beforeGet up to $ 150,000 per day during the school years through the sale of Internet advertising.

Bowers 'work' is an important tool for entrepreneurs who want to improve their strengths and weaknesses to gain insights from other areas, "Experiences and challenges. His teachings are relevant to all, if you're just starting a career or business track a small business veteran.

"The gift for detecting - and access - opportunities to make money only ones who have somehow escaped allother is located in the center of the entrepreneur spiritual universe, "says Bowers.


If at first you do not succeed

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