A Senior Advisor Will Be Assigned To Help You Develop The Discipline And Skills To:
​
BUILD YOUR OWN BUSINESS
​
The road to becoming Successful in America is
starting and building your own business.
But this is not as easy as it sounds.
Most businesses started by inexperienced people fail.
The primary reason that people don't start businesses is
they're afraid that they're going to lose their money.
96 % of businesses started by people lacking
business experience fail within the first two or three years.
​
​
IDENTIFY WHAT CAN MAKE YOUR BUSINESS FAIL
​
You need to determine if you really
know how to make your business successful.
It’s okay to admit if you haven't the slightest idea.
Just because you have an idea for a product or service,
it doesn’t mean you know all the things that
you need to know to make and run a successful business.
​
​
IDENTIFY WHAT WILL MAKE YOUR BUSINESS SUCCEED
​
80 % of businesses started by experienced business people succeed. The reason is that experienced business people know what to do.
They know how to purchase their products and their services.
They know how to negotiate with their suppliers.
They know how to raise money.
They know how to negotiate leases.
They know how to sell and market and promote.
They know how to manage their finances.
Experience is the key.
In order to start your own business and succeed,
you have to either know what to do or
you have to access the knowledge of Someone who knows.
​
​
DEVELOP COMPETENCE THAT MAKES THE DIFFERENCE
​
According to Dunn and Bradstreet,
96 % of businesses in America that fail do so because of
what is called "managerial incompetence."
Managerial incompetence means that
the people running the businesses don't know what they're doing. Forty-eight percent of businesses that fail in America fail because
the business cannot sell enough of its products or services.
Very few businesses fail when they have
high levels of sales and revenues coming in.
​
​
FOCUS ON CONTROLLING YOUR COSTS
​
Forty-six percent of businesses fail because of poor cost control.
When you are selling enough on the front end,
but you're losing more on the back end, you can go broke.
​And if you're serious about becoming financially independent,
you have to be honest about your level of experience in
sales and marketing and financing and cost control or
you have to be accessible to Someone who does have experience.
​
​
HAVE MORE THAN LUCK ON YOUR SIDE
​
You must develop the skills you need to be successful.
Business success is not a matter of luck.
Business success is a matter of application.
It's a matter of ability.
It's a matter of experience and skill and intelligence.
You must learn what you need to know to be successful.
You can start by learning through on-the-job training (OJT).
Most successful business people become successful because
they get all their training by working for Someone or
by being accessible to Someone who is already successful.