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Small Business Advice from Big-Time Executives



Company: Small Business Council from Big-Time ExecutivesInternet issues for advice on finding success in life, love and business are consistently top trends, while self-help titles that proclaim one way or another as the path to greatness never fail to make their mark on the New York Times bestseller list. So if you’ve ever wondered how to make the infamous juice from the amount of lemons that life may have given you, here are some pieces of entrepreneurial wisdom from some of the world̵

7;s most successful people.

Use criticism as fuel.

Many times it is to prove that a denier is wrong all the motivation required to make big changes.

“An insult is a reverse piece of advice – and almost always turns out to be the best piece of advice you will ever hear.” – Barbara Corcoran, founder of The Corcoran Group.

Make your own opinion.

Nothing in itself makes sense. So the difference between success and failure may be more about perspective than action. You can apologize to the employee who receives promotion or see it as the last push towards an entrepreneurial investment in yourself – the choice is yours.

“Even though things looked dark and difficult, I had a choice. I could be a victim or use the opportunity to create a better version of myself and inspire others. That advice helped me reach management and now help me inspire others. companies. leaders to change their perspectives and see the opportunities. “ – Michael O’Brien, executive business coach and author of Shift: Creating Better Tomorrows.

Surround yourself with people you admire.

Define your goal and develop relationships with those who have achieved it. Inherent motivating, following the movements and shakes of emerging industries and cultivating meaningful relationships with like-minded people and companies can create a roadmap for support and success.

“Exposure to people who are more successful than you has the potential to expand your thinking and catapult your income. The reality is that millionaires think differently than the middle class about money, and there is much to be gained from being in their presence.” – Steve Siebold, CEO of Siebold Success Network and author of How Rich People Think.

Be persistent and trust yourself.

It can take years before your work gives the results you strive for, a concept gains impact or the daily toil gives financial freedom. Consistently presenting yourself and investing in your dreams is the best possible way to make them come true.

“Too often we look for immediate results, but everything of value takes time. As they say,” If you do not succeed at first, try, try again. “ – Marcello Arrambide, founder of Day Trading Academy and co-founder of SpeedUpTrader, a finance company for future day traders.

Manifesto, manifesto, manifesto.

Set clear, specific goals and visualize that you are achieving them. Take that vision and use it to define the activities of your daily life, the places where you invest your energy and the people you surround yourself with. There is wealth and abundance in abundance; you just have to grab it.

“The main reason most people do not get what they want is that they do not know what they want. Rich people are very clear that they want wealth.” – T. Harv Eker, self-made millionaire and author of Secrets of the Millionaire Mind.

Focus on earning and developing multiple income streams.

Finish 9-to-5 and increase your income streams. Investments, hassles or real estate can exponentially increase the earning potential.

“Three income streams seem to be the magic number for the self-made millionaires in my Rich Habits study, but the more income streams you can create in life, the more secure your financial house will be.” – Thomas C. Corley, author of Rich Habits: The Daily Success Habits of Wealthy Individuals.

Invest your savings.

The only way to build income from savings is through investments. Take advantage of Employer Match 401 (k) software. Open a Roth or traditional IRA. Low-cost index funds, a Warren Buffett recommendation, can also be a good place to channel surplus income. And to make your savings consistent, choose automated strategies: you will not miss what you learn to live without.

“The only reason to save money is to invest it. Put your saved money in secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. Even today, at least twice a year, I’m broke because I always invest my profits in companies that I can not access. “ – Grant Cardone, self-made millionaire, author and real estate mogul.

Be determined.

Making decisions requires energy: gathering information, weighing costs / benefits, forecasting possible outcomes. The more efficiently you make decisions, especially those that can be easily reversed, the more energy and attention you have to navigate the unexpected and invest in yourself.

“An analysis of several hundred people who had amassed fortunes well above the million dollar mark revealed the fact that each of them was in the habit of making decisions immediately.” – Napoleon Hill, author of Think and Grow Rich.

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