Want to Be a 7-Figure Business Owner? Begin by Thinking Like One
Like many entrepreneurs, the founder of a million-dollar-plus business often begins with a phase one, and possibly a phase two, plan. However, entrepreneurs who cross the seven- and eight-figure dollar marks don’t limit the possibilities. At the very least, they have a general idea of how their business model can expand, and possibly even morph into something very different, as the company grows. They also know that a great vision not only anticipates the direction of their company but also represents their values and passion.
They may fear risk, but they take one anyway
You don’t go from a garage operation to seven figures without going out on a limb. Successful entrepreneurs know they are going to fail, and they accept it. Why? Because every failure is a lesson that takes them closer to goal completion and their vision.
They don’t dwell on what the competition is doing
You won’t succeed by focusing on what your competition is doing, because it limits your ability to innovate. Instead, focus on what your customer base wants–even if they don’t know exactly what that is yet. Keep ahead of your customers’ problems and desires by anticipating them. If you follow in the path of your competitors, you will always be a follower, never an innovator.
They seek out new information with an open mind
Podcasts, books, mentors, coaches, conferences, online articles, and more: My seven-figure clients engage in activities that promote ongoing growth. They listen to podcasts in the car, read before bed, work with me and other mentors, and never lack for inspiration. It’s not only business growth they seek but personal growth as well.
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