Top 10 Things Entrepreneurs Realize for Success

There are many facets to entrepreneurial success, and internal thought processes play a huge role.

Funny thing about the human mind; it operates on cause and effect. One thing can relate to or be the cause of another. Successful business is the same. Aligning your business with your mind will spell success.

Top 10 Things Entrepreneurs Realize for Success

# 10) Pride

Staying humble is a great asset to entrepreneurs. As business people and entrepreneurs, we need to recognize our strengths, weaknesses, faults, and attributes in order to be successful.

As some would put it “know your limitations”, but more importantly know your strengths.

Pride can be a huge source of failure. We must learn to trust in others and realize that many other people have great qualities we can utilize. Entrepreneurs struggle with this; we tend to be perfectionists and only we can do the job to our standards.

Arrogance can kill any business. Nobody likes the guy that knows it all. He is always the smartest in the room, craves all the attention, and is just plain annoying. You know the guy I am talking about. He has the best house, finest car, most beautiful women, and all the money. No one can top him in anything. Don’t be “that guy”, most likely it is all show anyway.

#9) Emotions

Creating a product or service out of emotion instead of research is a perfect recipe for failure. If there is no market, there is no business. Just because we love or need something, does not mean everyone loves or needs it. We must have a passion for the business, but we also must be realistic.

We must be in touch with our customer base. People like to feel important. In order to make customers feel important, a personal relationship with the customer is essential. Examples of this would be greeting the customers, sending greeting cards and loyalty rewards.

Having the ability to say “no” to friends and family can be difficult. I am sure you have heard it said, “never hire friends and family”. If you want to maintain a relationship with your friends and family, do not hire them. Do not let them guilt you into giving them a job. Giving can be an asset, but it must be for the right reasons and carefully thought out.

Entrepreneurs keep their emotions out of the business.

#8) Attitude

A positive attitude is contagious, it will reflect upon customers and employees alike. The same goes for a negative attitude.

We all have good and bad days; think about this scenario for a moment. Wake up in the morning only to realize you’re out of coffee; so you get dressed and head out to discover you have a flat tire. You call the local mechanic to come and change the tire, but he is busy. Now you have to get dirty and sweaty, or wait an hour for the mechanic. Making it to the office late, you missed a call from an important client that cancelled his order. It’ 9:30 am and the day has already started out on a less than positive note. How would you deal with this situation?

This could be a great opportunity to regroup and reflect while relieving some stress at the gym. Afterwards, treat that client to lunch and talk over his account. Turn what started out to be a bad day into a great day. Sure beats throwing things around the office and having employees cowering under their desks.

Entrepreneurs know the importance of attitudes

#7) Focus

Focus is something that we all struggle with from time to time. We love our business, but there are aspects of the business that we just dread doing. Staying organized and focused on the task at hand can prove to be a challenge at times.

This is when we are faced with distraction and procrastination. It is often too easy to put off until later what needs to be done now. It seems there is always something that comes up needing our immediate attention. This is our subconscious mind protecting us from that painful task that we dread so much. Entrepreneurs know not give in to this temptation.

Entrepreneurs have minds that are always racing. We are constantly coming up with new ideas and solutions. The list can get quite long. Choosing which idea to focus on and see through can be a problem.

Most entrepreneurs have organizers for this reason. Staying organized and focused is key to success in any business.

# 6) Realistic Expectations

This is a problem for people just starting out in business. We start our business journey with high hopes, dreams and expectations.

We have this awesome idea in our head.” This is going to be fantastic; everyone will love us and we will be so stinking rich”. We start out on this fantastic journey only to be disappointed. Nobody loves us and we are deeply in debt.

Buying into the hype is something that people fall victim to all the time. I will not name the industry, but it takes a special kind of person to be successful in it. Things are often sold using psychological tactics like limited availability (scarcity). Many people are sadly disappointed when they realize they have bought into something that is not for them.

Entrepreneurs know the value of research and are always on the lookout for “too good to be true” offers. We must be realistic in our endeavors.

# 5) Acceptance

Entrepreneurs are human just like everyone else, we do experience failure. Failure is a learning experience to an entrepreneur. We accept our failure and learn from it.

Accepting the change that comes with trial and error is important. Entrepreneurs realize that their business may take a whole different direction than originally planned.

Most of us have financial limitations; learning to accept them is a key element in financial success. We must know what our return on investment should be verses what it is. Not being able to control our spending can be a huge pitfall. We must create a budget and stick to it.

It is often hard for an entrepreneur to admit he does not know it all, much less cannot do it all. Learning to accept this fact and employ the right people for the job often takes humbleness and humility (Link 3).

# 4) Realization

Common myths among people that do not own their own business are quickly eliminated once they venture out on their own.

You are your own boss; that is not true, everyone answers to someone. This could be investors, board of directors, government, or the customer. Quickly realizing that we now have several “bosses” instead of just one is something to be “accepted”.

More freedom to spend time with the family, take a vacation or just play golf. Entrepreneurs are on the job every waking hour. We might not be physically at the office, but we are constantly working. We come up with new ideas, solve problems and look for new opportunity.

Financial freedom is another misconception. Most entrepreneurs struggle financially at some point. We often go long periods of time without seeing any profit. The ability to accept that and look towards the future is a special quality. Being able to live outside the comfort zone and security of a regular paycheck takes a special kind of person.

Realization of any one of these factors can cause a person to give up. Entrepreneurs realize this from the onset.

# 3) Personality Traits

Personality traits play a big role in success or failure. Choosing the wrong business for our personality can spell disaster.

Shy or introverted people would do well to choose something that does not include a lot of public interaction. Working behind the scenes may be a better fit. There are a lot of successful business people that are not in the public eye.

Not everyone is cut out to be an entrepreneur, and not everyone understands this. Entrepreneurship is not something that can be learned. Business can be learned, but entrepreneurship takes a special type of personality. Time and time again people think that because they bought into a business or have a great “idea” for a product or service they can open a business. The above mentioned reasons are only part of this problem.

As entrepreneurs, we do not need to be good at everything or know it all. The most important thing is learning to use your strong suits in combination with those of others.

Entrepreneurs score high on the conscientiousness level of the Big 5 Personality Traits, but not to discount the other traits one might possess.

# 2) Beliefs

We must be aware of the things that we truly believe. Napoleon Hill quoted “whatever the mind can conceive and believe, it can achieve”.

Without getting into the theories of developmental psychology (and there are many), I will try to explain the concept of this theory. From the time we are born we begin to learn things from our environments (people around us) not all of them are good. Here are some examples; “money is the root of all evil”, or “money cannot buy happiness”.

As adults trying to make a better life for ourselves, we realize that in order to do this we need to make money. The more money we make, the better our lives will be.

About now, I am sure some are saying; “money cannot make our lives better”. Sorry, but that is the subconscious mind speaking from something that was learned long ago. Most do not realize it.

The theories of “self help” do work, but applying those theories is seldom taught. The key is repetition and replacing those self defeating thoughts with positive thoughts.

Entrepreneurs know the value of self talk.

# 1) Fear

Fear is the number one cause for business success or failure. Yes, it can be a force for success. What drives us to get up in the morning and go to work? Fear of loss, or fear of lack. We know that if we do not get up and go to work we will not make any money. We will then lose our house, car, security, and even relationships.

Fear can be debilitating, it can cause us to avoid things and situations that can lead to our success. Example; a person that is afraid of flying must board an airplane to get to a very important meeting on time.

Maybe it is a fear of success. A person can be subconsciously sabotaging their success because they fear the responsibility that comes with it.

Fear of failure, some will not take the necessary risks for success for fear of failure.

Fear of change; people subconsciously do not like change. They cannot get out of their comfort zone no matter how uncomfortable they are in that place (Link 5).

Entrepreneurs know that in order to achieve the desired success they must take risks and do things they are not comfortable with.

5 High End Career Skills

5 High End Career Skills You Need for Success

In the video below, Dan Lok explains the 5 High End Career Skills that one needs in order to secure high paying clients.

Below the video is the comment I posted.

I have all 5 of these high end career skills, including formal education and experience in these skills. My problem is finding the clients, especially the ones that are willing to pay the money. I have been doing this a long time, yet struggle.

If a company has not already hired a “firm”, I hear things like, “my wife takes care of that”, or some other relative they cannot get off their couch.

In today’s world, everyone is a marketer. Just because they took some on line course, or got involved with an internet based company, they are experts.

I am not saying they are no good, only that they have driven the prices one can charge way down.

Then there are the outsources. You know, the content mills that crank out articles for pennies, and sites like Fivver where people will do anything for 5 bucks. These places can be useful to consultants, just be prepared to get involved because you get what you pay for.

5 High End Career Skills and Sub-Skills

Along with these 5 high end career skills come subskills.

Quality content writing, and SEO Services are important sub-skills. You can hire the work out, but you must know what you are paying for.

Here’s the thing; we must market ourselves, and advertising is key. The trouble for me has been finding the clients that are willing to pay an amount that makes it worth my time, let alone anything extra to pay for advertising so I can get more clients.

I have reverted to the old fashioned way of door knocking. It is very effective, but extremely time consuming. I am old school (53), and cell phones are a huge pain in the ass. Deal breakers in any business meeting with a busy person, however, busy people are the ones that can and will pay you.

Basictech Business Services

Here at Basictech Information Services we offer a wide variety of business and consulting with affordable business solutions.

If you are struggling with the 5 high end career skills and sub-skills, we do give free consultations. Just ask in comments below.

Be sure to sign up with your best information so I can reach you and schedule a consultation. Don’t worry, we will not spam you, nor sell your information.

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Merchant Solutions

Merchant Solutions with Business Loan Alternatives

Easy Application

NO Fees!!

Easily Qualify

  • 3 Months Merchant Account Statements
  • 3 Months Bank Statements
  • One Page Application/Bad or Poor Credit OK

Need Capital Fast?

Turned Down by Your Bank?

Mom and Pop Merchant Solutions makes getting the funds you need easy and hassle free.

Use the money for anything you wish.

  • Expansion
  • Investment Capital
  • Advertising
  • Bill or Tax Payments

No need to give us an explanation, if you take a vacation.

Get started NOW!

Receive your money in 5-7 business days.

Text your email address to: (614) 636-2150

MPMS is represented by Randy Baith: Owner of Basictech Information Services LLC, Col. Oh. www.basictechinformationservices.com

Want to know more? Click here, or submit your comment/question below.

 

Easy Business Loans

Basictech Website Optimization Services

Below is a list of Basictech Website Optimization Services we offer here at Basictech Information Services. This goes beyond SEO, and can increase your page rank.

We will work closely with you to resolve issues, and maximize your business potential at an extremely affordable rate.

The whole world is now literally in the palms of your hands, so why not capitalize on this opportunity to capture more customers?

Build a Website or Blog

In today’s business world, it is not enough to just have a website or blog. When people search for products or services, they go directly to the internet. Is your business being found?

I know it may be a little hard to believe, but there are still plenty of businesses that do not have a website or blog. Also, some may have a website, but it is not up to date and is just sitting in cyberspace never to be found.

Why is Your Website Not Being Found?

There are several factors that come into play when it comes to getting found on the internet, much less getting to page one.

We hear a lot talk about SEO (search engine optimization) but there is a lot more to it, and the implications can have a great effect on your business in positive or negative ways.

Here are just a few things that can help, or hurt your web presence.

  • Domain and domain age
  • Regular updates
  • Backlinks and broken links
  • Page loading time
  • Quality relevant content posted regularly
  • Social media
  • Business listings

These are just a few factors that Basictech Website Optimization Services can help you with having a good internet presence and attracting customers.

Basictech can perform an audit on your website according to Google standards. We also have a software program that can search your site for errors. Errors can have a dramatic negative effect on your website search ability.

Is Your Website Mobile Friendly?

I am listing that one question first because of the extreme importance of having a website that is compatible with mobile devices.

This is pretty obvious given the fact that almost everyone has a mobile phone with internet access in their possession.

If your website or blog is not easily accessible, or easily read on a mobile device, then you are missing out on potential customers.

Why is Website Content Important?

Whenever someone searches for anything on the internet, they are looking for useful information, so website content is extremely important.

There are 2 main reasons for this:

  1. If a person goes to your website and is able to read valuable information on the resolution of their problem, then they will stay on your site longer. This tells Google that you have relevant content, and will in turn increase your page rankings.
  2. Good quality relevant content also builds trust. As business people, we know that building trust is top priority in getting and retaining customers or clients.

Bad grammar, spelling, and poor content can hurt your business. How can anyone be expected to trust that you are an expert in your field if your content is loaded with grammar or spelling errors?

Poor content is also a factor. We all know how frustrating it is to search the internet for information and waist valuable time sorting through all the generic articles with poor grammar and limited information leading to a bunch of sales crap, or trying to get your email address so they can spam you later.

Reputation Management

It is a known fact that people are more likely to write a complaint than a good review. It is basic psychology based on emotions. When people are happy with a product or service they will tell friends and family, but if they are unhappy, or feel cheated in any way, they want to scream it from the rooftops.

As business people, we know that there are some people that you just cannot please. Then there are those that are just trying to get something for nothing, and they will go to great lengths to get it.

Competition is also a threat. There are a lot of competitors that pay people (outsourcers) to write bad reviews on the competition. As a trained Investigator, I can identify and deal with these unscrupulous competitors.

Bad reviews and posted complaints can hurt your business significantly. We at Basictech know how to deal with this and can have your reputation restored in a short amount of time.

Is Your Website Monetized?

Website monetization is generating income through advertising of other products or services on your website.

There are many ways to monetize your website, and anyone that has a website or blog needs to have it monetized. If you are not monetizing your website, you are leaving money on the table.

This is something that can be discussed in you initial free consultation and website review.

Basictech Website Optimization Services can increase your bottom line with some very cost effective methods to land you more customers. Call us today for your free consultation (614)636-1845, or use the form below.

 

Basictech

internet scams basictech

Important Notice; I am a Private Investigator with a degree in Security and Investigation (Criminal Justice).

Due to my profession, I am held to a higher degree of accountability than the average person, and I do not promote or advertise anything that I have not tried, or have total confidence in.

Click the link below to read the whole article.

Source: Basictech

Basictech now buying houses

How to Market Small Business?

Marketing local small business

images (1)Starting out on your small business venture, one of the first questions you must ask is “how to market small business?”

Increasing your ROI needs to be one of your main concerns when it comes to the success of your small business. Accomplish this goal cost effectively with Basictech Business optimization Services.

Increasing your customer base while reducing advertising costs can be accomplished by increasing your website traffic, thus increasing your overall business revenue.

This can be done without spending a small fortune, and without using a worthless SEO developer. These “SEO Experts” can actually hurt your business.

The Internet is has replaced the Yellow Pages when it comes to searching for a product or service. Small business owners must be very careful when chosing a company to handle the SEO for their business website.

Advertising is key to Marketing Small Businesses

Strategy is important, and choosing the right strategy is crucial to the success of any small business marketing campaign.

5 questions that need to be answered to optimize your business;

1)      Do you have a website or blog for your business? (Essential for 2016)

2)      Is it making you money, or is it lost in cyber space? (Can your site be found?)

3)      Is your business website or blog mobile phone accessible? (Is it visible to Android and IPhones?)

4)      Is your business reputable and/or popular? (Do you have a social presence?)

5)      Does your competition have an effective online presence?

An internet presence is a must for any successful business today. Done right, your internet presence can increase your ROI by up to 80% or more.

Do I Really Need a Website for my Small Business?

Being that people no longer look to the phone book for the things they want and need, advertising small businesses through websites and blogs is a must. The days of paying for printed ads hoping someone will find your ad and call you are over.

With 24 hour access to the web literally in the palm of your customer’s hand creates an excellent opportunity for small businesses to grow like never before. This not only creates a better opportunity locally, but on a global scale.

Millions of people all over the world are searching for products and services online every minute of the day and night. This means that your business can be open, and making you money even while you are closed.

If you are not taking full advantage of what the web has to offer your small business, you are really missing out.

How to Grow Your Small Business in 2016

In order to grow your small business in 2016 you will need to take advantage of every revenue creating opportunity available.

Being able to market small business effectively in 2016 is not a task for the amateur. Just like any other profession, it takes years of study and practice, not to mention keeping up with the latest updates.

There are many avenues and aspects of marketing any business, and this also creates opportunity for multiple streams of income from your small business.

Marketing Small Business Advertising Strategies

Advertising can work for your business in a positive and/or negative mode. You can monetize your business site with affiliate offers. If you have enough traffic, you can also earn from advertising on your website or blog.

Just putting up a website or blog is not going to cut it. With so many people and businesses on the web now days, you really need to be on top of your SEO game.

SEO has changed over the years, knowing what will get your site found in organic searches will not only cut you advertising costs, but can also create an extra income.

Driving traffic to you site is crucial, but you also want to keep them on your site, and coming back for more. Your content must be informative, interesting, and at least somewhat entertaining. This is depending on your business niche.

Best Ways to Market Small Business

Here are some of the things you need to be taking advantage of;

  • Video Marketing, it is a known fact that people searching the web love videos, and keeping them on your site longer is a plus for SEO.
  • Social Media Marketing, does your business have a Facebook, Twitter, LinkedIn, Google, Pintrest, and other social pages? These are a must in marketing today.
  • Mobile Marketing; this is huge, people literally have a guide to your business in the palm of their hand
  • Reputation Marketing; having a great rating great reputation can have a tremendously positive effect on your business
  • SEO; your site needs to be optimized to be search engine friendly. This entails a lot more than just keywords.
  • Learning about your competition, and were they rank is extremely important.

These points are a small portion of what is needed to maximize exposure for your business. As a professional Internet Marketer, I can tell you that learning, implementing, and maintaining everything for effective business marketing can be a full-time job. Just learning it can take years; do you have time for that?

What’s the solution? Outsourcing tasks or paying someone to do it for you is the most efficient way to go. It does not have to break the bank, and your ROI can be tremendous.

The only issue with outsourcing is getting an actual professional to do the job. The sad truth is that with the Internet anyone can put up a site and claim to be whatever they wish.

Being that I am based in the Philippines, I can give you an incredible rate. If you have not done so yet, you can check out my resume here, and my initial consultation is free.

The beauty of it is that once it is done, it’s just a matter of maintaining it. You can do this yourself once you learn how. It’s easy and will not take up too much of your valuable time.

There are many Internet Marketing Companies out there to choose from when it comes to SEO, media, and advertising, to market small business. If you are currently using one of these services, and you are not at least getting a return on your investment, then I do offer Investigative services to make sure they are actually doing an effective job for you.

What sets Basictech Information Services apart from the rest? Customer interaction; we will not only work closely with you, but we will teach you the things you need for optimized marketing performance.

Basictech Information Services is a full service company; you chose the level of service provided and the budget.

We can set up your site and maintain it, or teach you how to maintain it, so you can be sure it is done right. We have one secret method to market small business, (a 90 day plan) to ensure your business website will get found when someone does a search for your product or service.

I am not going to guarantee page one of Google, please do not fall for that one, but I will guarantee a gradual increase in traffic to your website that will increase your income from your website or blog.

Get your FREE consultation for marketing your small business today. Contact us via the comment form below, I will get notified immediately.

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the codex of money

Basictech Best in Columbus Award

Randy Baith

The Basictech Best in Columbus Award was given to Basictech Information Services in 2014.

Since revamping the Basictech Information Services website, I am re-posting the press release for the Basictech Best in Columbus Award.

2014 Award Best in Columbus

Receiving awards are a great honor to any business. Basictech Information Services has received this honor from the Columbus Award Program. “Recognizing and honoring the best of business.”

The award was granted to Basictech Information Services for business consultations and investigations in August of 2014.

According to the award website at columbus.amphlet.org; the Columbus Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Columbus Ohio area. Recognition is given to companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.

Basictech Information Services provides business services such as research, investigations, content creation, advice and counseling. Personal and small business services are provided along with tips for solving problems we all face everyday.

With a YouTube channel and scam busting website, Basictech exposes internet scams and fraud. Randy Baith, owner at Basictech Information Services stated; “any successful business must give back to the community; one must give in order to receive.”

Basictech often gives free information away for the asking. Basictech’s home page states; How can Basictech serve you? Mr Baith is totally transparent and reachable. Prompt, courteous service is something Basictech takes very seriously.

Randy Baith is also a current student (at the time of writing this press release) in his senior year at Liberty University online. His degree program is Bachelor of Science and Interdisciplinary Studies. His cognitive’s are Criminal Justice, Psychology, and Communications.

Mr. Baith also noted that he was surprised to have received the award saying: “I don’t feel I have done anything special, I am just doing what I love.” “I think it is important for a person to love what they do, it adds value to the service they provide.” He also noted that he opened the email while cleaning out his inbox and almost deleted it as spam.

Karen Hartwell commented on Basictech’s services stating: “Thank you so much Randy for helping me set up my EPS. I couldn’t have done it without you. I would’ve gone grey or bald. You were so patient with me,calmed me down,and explained everything so I could understand, went through the whole process with me and answered all my questions. I’m speechless. Just amazing. Think I found my angel!!”