Tag: Success

15 Ways to Become an Extraordinary Entrepreneur

Posted on: womenentrepreneursecrets.blogspot.ca

Written by Kelly O’Neil: Kelly O’Neil, is the Founder and CEO of Kelly O’Neil International, best-selling author and award winning brand marketing strategist, is one of the most sought-after brand marketing and results coaches for conscious entrepreneurs and aspiring women leaders.


I believe that excellence is never an accident. This is a mantra I’ve long used in both my personal life… and my professional life. Excellence is the result of high intention, sincere effort, intelligent direction, skillful execution, and the vision to see obstacles as opportunities.
Excellence leads to extraordinary things. But you aren’t born extraordinary. You have to work at excellence — foster it, nurture it, educate it. How? One way to effectively embrace excellence and step into extraordinary is by recognizing common traits among extraordinary individuals. Over the years of working with amazing entrepreneurs, I’ve identified these 15 traits as markers of true excellence. Recognize them — and work toward achieving them yourself — and you’ll be well on your way to eliminating mediocrity and becoming a high performer in your industry… and reaping the rewards of that commitment.

High-Performing Entrepreneurs:

  1. Aren’t just working for the money. They care about their company beyond the profits and take great pride in its performance, impact on society, and ability to help others through its offerings.
  2. Are truthful. They do what they say they are going to do, when they say they are going to do it. People know they can count on them time and time again.
  3. Embrace opportunities. They look for — and find — opportunities to improve themselves, their work, and their business. Others? They see no opportunity.
  4. Are focused on solutions. They don’t bring problems to the table without recommending a solution.
  5. Focus on CAN. High performers focus on what they can do rather than what they can’t accomplish.
  6. Don’t blame. High performers take responsibility for their actions and outcomes (or lack thereof). When they make a mistake they own it, fix it and learn from it.
  7. Are busy, productive, and proactive. While most people waste too much time planning, over-thinking, sitting on their hands or going in circles, high performers are out there getting the job done.
  8. Are life-long learners. High performers constantly work at educating and improving themselves, either formally (through academics), informally (by watching, listening, asking, reading, etc), experientially (by doing, trying)… or by employing all three educational strategies.
  9. Consistently do what they need to do. No matter how they feel or what curves life has thrown their way, they get it done. High performers don’t let life become an excuse and don’t allow their personal life or mood to impact their work. They work extra hours, nights, or weekends if they need to.
  10. Have a desire to be exceptional. They will typically do things others won’t do. Becoming exceptional is a choice, and high performers are committed to that choice.
  11. Accept feedback. High performers aren’t just open to feedback, they are more likely to act upon it.
  12. Set higher standards for themselves. The result? Greater commitment, more momentum, a better work ethic and (of course) better results.
  13. Are more interested in effective than easy. While the majority of people look for the quickest, easiest way, high performers look for the course of action that will produce the best results over the long term.
  14. Finish what they start. While so many people spend their lives starting things they never finish, successful people get the job done — even when the excitement and novelty have worn off. Even when it’s not fun.
  15. Are resourceful. High performers don’t wait around for someone to hand hold them through something. They figure it out and get it done.

 

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10 Leadership Lessons from the IBM Executive School

August Turak, Contributor

From www.Forbes.com

I write about Service and Selflessness: the Secret to Success

But failure was not an option for Mobley, and after many a dark night of the soul he hit upon the answer that turned IBM into the fastest growing and most admired corporation in the world…

In 1955 IBM’s legendary CEO, Tom Watson Jr., gave my mentor, Louis R. Mobley, a blank check and carte blanche to create The IBM Executive School. Fresh from successfully implementing IBM’s first supervisor and middle management training programs, Mobley confidently set about churning out executives as well.

The first thing he did, in conjunction with GE and DuPont, was hire the Educational Testing Service (ETS), the same company that still does the SATs, to identify the skills that make great leaders great. Once these intellectual skills were identified, Mobley and his colleagues at GE and DuPont assumed that spitting out executives would simply mean “training to the test.”

ETS dutifully rounded up a bunch of proven leaders and tested them every which way from Sunday looking for their common skills. The results were astounding and more than a little disturbing. As Mobley put it, “No matter what bell shaped curve we drew, successful leaders fell on the extreme edges. The only thing they seemed to have in common was having nothing in common. ETS was so frustrated that they offered us our money back.”

But failure wasn’t an option for Mobley, and after many a dark night of the soul he finally hit upon the answer. Unlike supervisors and middle managers, what successful executives shared were not skills and knowledge but values and attitudes. And over time Mobley identified the values and attitudes that great leaders share.

1) Great Leaders Thrive on Ambiguity. While most of us like black and white decisions, successful leaders are comfortable with what Mobley called, “shades of gray.” Great leaders are able to hold apparent contradictions in tension. They use the tension these paradoxes produce to come up with innovative ideas.

2)  Great Leaders Love Blank Sheets of Paper. Supervisors and middle managers use a framework of policies and procedures to guide them to the proper decision. They want a plan that reduces their job to filling in the blanks or what Mobley called “following the bouncing ball.” By contrast, leaders create the blanks that managers fill in. Like some business Einstein intent on reinventing the universe, every great leader relishes the opportunity to “think things through” from scratch.

3)   Great Leaders are Secure People. Successful executives thrive on differences of opinion. They surround themselves with the best people they can find: people strong enough to hold a contrary opinion and argue vociferously for it. Great leaders crave challenges, and this means hiring the most challenging people they can find with no regard for whether today’s challenger might be tomorrow’s rival.

4)   Great Leaders Want Options. Long before it became fashionable, Mobley was a huge proponent of diversity. However his definition meant a diversity of opinion rather than the kind we usually associate with political correctness. Mobley’s great leader constantly demands diverse options from his team, and uses these options to produce creative decisions.

5)   Great Leaders are Tough Enough to Face Facts. At heart Mobley was a spiritual man who valued the Truth for the Truth’s sake. Successful executives face facts, and this means being open to the truth even when it is not what we want to hear. One of the most successful executives I know offers cash rewards to anyone in his company who can prove him wrong. Great leaders have a nose for B.S and abhor it.

6)   Great Leaders Stick Their Necks Out. It is a natural human trait to fear being evaluated. We crave wiggle room so we can deflect blame and get off the hook when things go wrong. In business what is often passed off as a collaborative effort is actually just an attempt to avoid individual accountability. Great leaders want to be measured and evaluated. They continually look for ways to measure things that may seem immeasurable, and they cheerfully accept the blame when they are wrong or fail to deliver. The old adage that success has a 1000 fathers while failure is an orphan does not apply to great leadership.

7)   Great Leaders Believe in Themselves. While great leaders crave advice, options, and strong colleagues, they all share a profound belief in themselves and their judgment. Mobley described great leaders as “people stubbornly following their star who don’t know how to quit.” Holding this stubbornness in tension with a willingness to be wrong is perhaps the greatest trick that every great leader must perform.

8)   Great Leaders are Deep Thinkers. Managers get things done. Executives must decide on the things worth doing in the first place. Though very difficult to quantify, great leaders are deep thinkers. They constantly dive below surface “facts” searching for new ways to knit those facts together. Great leaders are generalists not specialists driven by an omnivorous curiosity. They know that the answers they are seeking will probably emerge from outside business and from disciplines that may seem utterly unrelated.

9)   Great Leaders are Ruthlessly Honest with Themselves. Self-knowledge is perhaps the most critical trait that all great leaders share. Leaders question assumptions and disrupt complacency by relentlessly asking the question: “What is the business of the business?” This exercise develops and refines the organization’s mission and purpose, and it is little more than the age old question “Who am I?” applied collectively. If you are not clear about the purpose of your own life how can you provide a sense of organizational purpose for others?

10) Great Leaders are Passionate. They may be loudly charismatic or quietly intense, but all great leaders care deeply about what they are doing and why they are doing it. Perhaps most importantly they care about people. Every business is a people business, and passionately caring about people whether they are employees, customers, vendors or stockholders is an essential leadership value.

Once Mobley compiled his list, he was faced with another even more difficult problem: How do you instill values and transform attitudes? He discovered that unlike supervisors and middle managers, executives shared another trait: They were constitutionally untrainable and reacted with hostility to any effort to “brainwash” them with “training.” Worse, Mobley discovered that values and attitudes are not only impervious to typical training techniques, but hectoring people to change often had the unintended consequence of hardening existing attitudes instead.

As the result some deep thinking of his own, Mobley eventually realized that what was needed was “a revolution in consciousness” rather than the kind of step by step curriculum that leads to a single “right answer.” Taking a leap of faith, he decided that the values and attitudes he was looking for could only be brought about as a side benefit or unintended consequence of what almost might be termed “spiritual work.” Rather than converging on a super set of skills, the IBM Executive School fostered the divergence that values uniqueness and individual authenticity.

The risk of failure was real, but if Mobley was going to produce people willing to stick out their necks he had to stick out his own first. He abandoned lectures and books in favor of games, simulations and other experiential techniques designed, not to “train,” but to “blow people’s minds.”

As for the personal accountability and measuring results, Mobley’s record speaks for itself. He ran the IBM Executive School from 1956-1966. It was his students that turned IBM into the fastest growing and most admired corporation in the world in the 1960s and 70s…

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Quote On Success

“A successful  Life is one that is lived through understanding and pursuing one’s own path, not chasing after the dreams of others.”

-Chin-Ning Chu (1947-2009), bestselling business management author and business consultant in Asia and the Pacific Rim

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Top 10 Reasons for Entrepreneurial Success

Jay Goltz owns five small businesses in Chicago. He recently posted a list on The New York Times
“You’re The Boss” blog of what he believes are the most important success factors in business:

1. Look for opportunities to do something better than just about everyone else.

2. Accept risk as a necessary evil. It makes for much less competition.

3. Act responsibly to customers, employees and vendors.

4. Goals aren’t enough. You need a plan. You need to execute the plan.

5. You need to fix the plan as you go. Learn from your mistakes. Most people don’t.

6. Do not reinvent the wheel. Learn from others — join a business group.

7. Make sure the math works. I know plenty of people who work hard and follow their passion but the math doesn’t work. If the math doesn’t work, neither does the business.

8. Make sure that every employee understands and works toward the mission.

9. There are going to difficult times and you need to be resilient; whining is a waste of time.

10. There will be sacrifices. Work to find a balance so that you don’t become a financially successful loser. It’s not about the income, it’s about the outcome.

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3 Keys To Success

 

A respected business journalist, Maria Bartiromo has done it all within the world of business media. Here are some of her thoughts on how to be successful.

1.Self Knowledge

- Know what your capable of.  Control your own fate.

2. Adaptability

- Be ready for change, anticipate it.

2. Courage

- Stick your neck out, take a risk.

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Survive and Keeep Your Dream Alive

 

 

Les Brown is one of the most successful motivational speakers in North America.  Over many years he has  developed a great system to help entrepreneurs achieve their ultimate potential. I recently read some of his tips on how to achieve success during difficult periods. Here is a synopsis.

1. Be  Thankful

When you develop an attitude of gratitude, you begin to view things from that positive light.

2. Be Thoughtful

When things go wrong, don’t  go with them.

3. Be Active

It’s very important that you start moving and working and doingthings that can give you headway. And the more active you are,  the less chance you have of becoming depressed, angry and immobilized with fear.

4. Be Connected

Connect with other people you trust.  Ask for help not because your are weak, but because you want to remain strong.

5. Be Patient

Don’t expect instant results. Plug away carefully and consistently with the mindset that things are going to get better even though you can’t see the light at the end of the tunnel.

6. Be Persistent

Stay with it and keep plugging away. You’ve got ot be hungry, it’s the willingness to go from failure to failure without losing enthusiasm. Being hungry means you are willing to keep your commitment.

7. Be Positive

Expect things to happen in your life and to share those expectations.  Opportunities do not knock; they stand by silently waiting for us to recognize them.

8. Be Creative

 Look for new ways to be effective. Look for new ways to win.

9. Be Consumed

Look for good information, but don’t overindulge in news or information that doesn’t help you move ahead.

10. Be Faithful

Reconnect your faith so that it can keep you grounded and hopeful.

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Quotes: On Success

“The key to success is for you to make a habit throughout your life of doing the things you fear.”

Vincent Van Gogh (1853-1890), Post-Impressionist Artist

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