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Reverse Your Mindset For Success

Moving from consumer thinking to entrepreneurial thinking is essential if you want to claim your success in your business. Another way is to get into reverse thinking.

Reverse thinking is when you look at the way the rest of the world thinks and acts – and do the opposite.

Consider these statistics once again: 95% of all people are going nowhere on their Journey of Success. Only 5% of the people are claiming their success. What do you think the people in that 5% are doing? They are certainly not doing things the same way as the people in the 95%.

A man named G.K. Chesterton once said, “I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite.”

This is a very true statement. Take a look at how most people start a business. Many of these people look at their local area – their town or city – as the place in which they do business.

For some, this way of thinking does make them a lot of money. However, an example of reverse thinking would be to think of the place in which you do business as the whole United States – even the whole world. You can do telemarketing, direct mail or e-commerce anywhere.

You can do business without ever meeting your customers face to face. You can complete business deals at home – in your bathrobe if you so choose. With reverse thinking, you do not allow physical distance to limit your business.

“It still holds true that man is most uniquely human when he turns obstacles into opportunities.” – Eric Hoffer

Now that you know you must challenge the way you think to achieve success as an entrepreneur, remember that Challenge will give you the greatest motivation to keep you going on your Journey of Success. Every time your business or your life gets a little rough, your challenge is the one thing that will keep you going.

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Passion And Goal Setting For Entrepreneurial Success

Perhaps you want to start a new business because the job or business you are coming from has lost its fervor, which in turn means you probably lost your focus and challenge. That, of course, would mean you have little chance — if any — to be passionate about what you do.

So you are thinking about starting a new business, which is OK. Just be sure that the business you choose does not leave you in the same position you were in before — void of passion. No, you must be sure the business you choose will drive you to have a passion for success — a passion to achieve — not only for yourself, but also for the customers you and your business serve.

Know what success means to you. By defining what success means to you, you will discover the foundation of your passion and its meaning.

So, by now, you have defined what success means to you and you have identified your challenge to lead the good life. You have gotten serious, decided to start a business and have committed yourself to being an entrepreneur until you can claim your success. Now you are ready to begin the next part of commitment, setting goals.

What are your specific goals in becoming an entrepreneur? You’ve already started making goals by defining what success means to you, but now you need to get specific. Now, I’m not talking about your day-to-day goals. Before you can set daily goals, you must set your broad business goals. Each goal you set is one step along your Journey of Success.

Break your vision of success into concrete steps. If you are that single mother who wants to finish her degree and establish a business that allows her to spend time with her daughter, you have three goals right there: the degree, the business and your daughter.

Break each one into smaller goals that lead up to accomplishing the larger goal. For example, what will it take to finish the degree? Twelve more credit hours, a thesis, a portfolio? Whatever the requirements are set each one down as a goal.

What will it take to set up your business? Learn all you can, set up an office create a business plan and start making contacts — each one should become a goal. And, most importantly, what will it take to spend more time with your daughter? It is not necessary to achieve the first two goals to work toward the third. Do not wait to spend time with your family. This can, and should, be a part of everyone’s goal planning.

Perhaps your challenge is to become your own boss. Essentially, you want to become an entrepreneur and quit your present job. When you break it down, it becomes two goals. What will it take for you to accomplish these two goals?

To start your own business, you must learn all you can about that business, set up an office and so forth. To quit your present job, you must save enough money to be able to support yourself and your family from the income from your business.

As you can see, each goal you set can be broken down into smaller goals or steps. By breaking down your steps, you give yourself direction or a plan, so to speak, for working toward your larger goals.

For now, this process of setting your goals only involves identifying them, writing them down and breaking them into smaller goals. So, if you have suddenly realized that you have your work cut out for you, don’t get too overwhelmed. As you build your character, you will become more secure in your ability to accomplish all the goals you set for yourself.

Also, as you write down your immediate goals, don’t worry too much about missing a goal or two. If you think of other goals later, you can always add to and revise your list. The purpose of setting and writing down your goals is simply to get you started as an entrepreneur.

So many people never accomplish things they desire, because they simply never get started. For some, they simply don’t know where to start. No matter what you are trying to accomplish, you can always find a starting place by setting goals and breaking those goals down into smaller goals.

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Mindset Changes Challenge Entrepreneurs

To claim your success as an entrepreneur, you need to change the way you think about time and money, even if it is the reverse of what everyone else is thinking, which is usually the case.

Most of the world thinks about money in terms of wages. You are paid a certain amount of money if you work a certain amount of time. As an entrepreneur, you don’t get paid for your time — you get paid for your knowledge.

After you get a start in this business, you’ll no longer be jealous of the lawyer who makes $300 an hour, because you can make thousands of dollars on a business deal. A deal may take several hours or several weeks, but that doesn’t matter. You have to get away from associating money with time.

I recently did just one business deal in which I made over $50,000. Some people don’t make $50,000 in a year, but I made it on one deal. I was able to do this, because I don’t base my earnings on time — I base them on me. There are entrepreneurs just like me who make more on one business deal than some people make in a year. This is possible because they are not basing the amount of money they make on the amount of time that they work. They are basing it on themselves and their knowledge.

Do you know how many people will pay you if you know where to find money, products or services, and they don’t? Things that they need, but do not have? That’s what going into business is all about — putting people who need something, whether it’s money, merchandise and inventory or services — together with people who are in a position to meet their needs.

By changing the way you relate your earnings to your time, you will realize that the earning potential as an entrepreneur is unlimited. The problem with wages is that you can only make money as fast as the clock can tick.

The lawyer making $300 an hour only makes money when he bills for it. Since there are only so many hours in a day — and days in a week — there is only so much time for which he can bill. He has limits on the amount of money he can make.

When you base your business on your knowledge rather than your time, there are no limits to what you can earn.

By accepting the challenge to change the way you think about time and money, you will begin moving from consumer thinking to investor or entrepreneurial thinking.

Consumer thinking is looking at money in terms of how much things cost. Entrepreneurial thinking is looking at money in terms of how much of a return you get from your efforts.

The following example illustrates the difference in these two ways of thinking:

Suppose you found a potential client who lives several hundred miles away from you. After the initial phone conversation you realize that if you can close this deal, you stand to make a large sum of money. Also, the potential client has stated that if he is satisfied with your business, he may have many other deals for you.

Because this deal is so important — and it looks promising based on the preliminary information you have already gathered — you decide to purchase a plane ticket so you can go meet with the client in person and develop a strong relationship with him.

After making your plane reservations, you call a close friend to share your enthusiasm about your potential deal. His reaction is this, “Why would you spend the money on a plane ticket? Don’t you generally conduct your business over the phone with out-of-town clients?” Normally you would conduct business over the phone, but you stand to make much more money from this deal than other deals you have put together, and you may be preparing yourself for future deals with this client.

Your friend is a consumer head and does not realize the value of paying for an expensive plane ticket when long-distance phone charges are so much cheaper.

You, on the other hand, are thinking in terms of business. To you, the cost of your plane ticket is merely the cost of doing business in landing a very profitable deal and possibly future deals.

Sure, in terms of airfare, you may not have gotten the best deal possible if you look at it like a consumer, but because of your expense and your efforts, you earned the client’s business. If you look at the airfare expense as an entrepreneur, you got a great deal.

Moving from consumer thinking to entrepreneurial thinking is essential if you want to claim your success in your business.

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Entrepreneurial Success Requires Commitment

When you find your challenge as an entrepreneur, you are preparing yourself to make a commitment to your Journey of Success. You have to find your challenge before you can make your commitment, because you can’t make a commitment without knowing the value of making it — or why you should be true to it. Commitment without challenge is a commitment that you won’t keep.

Commitment consists of doing whatever it takes to claim your success — for however long it takes. According to Webster, a commitment represents a continuing obligation. In the case of being an entrepreneur, it means putting forth your best effort, staying focused, learning, networking and keeping your spirits up.

Once you’ve identified why you want to be an entrepreneur, you must make a commitment to the business. One way to do this is to move from curious to serious.

If you are just starting out as an entrepreneur, you may just be curious about it. You like the idea of being your own boss, working at home and making more money than you ever could in your regular job, but you don’t really know if the business is right for you. If you are still wondering if you have what it takes to make it in business, then you are still in the curious stage and probably haven’t found your challenge.

To start on your Journey of Success, you have to get serious about your business and being an entrepreneur — serious about your desire for success, serious about yourself, serious about finding your challenge and serious about making a commitment to it.

I like to use my father as an example of moving from curious to serious. If we were to drive around the old neighborhood looking at buildings and lots that were for sale, we would pass one building and he’d talk about how he could have bought it 30 years ago at a bargain price.

We’d pass another building, and he’d talk about how he was going to open a restaurant there. But he never did anything with these opportunities.

He’d dream about what he could do if he bought the property, but he never got beyond his dreams — he never brought them into reality. He never moved from curious to serious — he just stayed curious his whole life. And success passed him by.

You must make the decision now whether you want to be curious your whole life or get serious and claim your success. Most of us have dreams we would like to fulfill, but very few of us ever move from curious to serious.

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Entrepreneurial Success Accept The Challenge

Challenge is the first character attribute to look at when seeking entrepreneurial success because all the other attributes build upon it. It is the starting point for building your character and achieving success.

Without challenge, you will lack motivation and without motivation, you wont even know why you are on your Journey of Success. Motivation is the force which gives you the drive to keep you going when things get rough. And, as we all know, things are going to get rough from time to time in your professional and your personal life.

If you lack motivation, you are likely to quit when your Journey of Success becomes a bumpy ride and by quitting, you will never claim your success. So, the first step in claiming your success is to find your challenge, the thing that is going to motivate you and keep you going.

According to Websters Encyclopedic Dictionary, a challenge is something that tests persons qualities and determines that persons right to be in a particular place. Another definition of challenge mentions a person approaching a gate or a checkpoint and being challenged by a guard.

This is the way you should feel as you approach your business, as if someone is challenging your right to be in this business. Or, perhaps someone has already challenged your right, or maybe through your own self doubts you have challenged yourself.

There are three challenges you must meet before you can avail yourself of all of the opportunities waiting for you as an entrepreneur. First, are you prepared to change the way you think so that you can take advantage of all of the wonderful opportunities to be found in this business?

Second, are you ready to find your personal challenge, based on your own vision of success? And third, are you willing to begin a business knowing that your life will be changed forever?

Examine these challenges one at a time. The first challenge is to change the way you think. Success as an entrepreneur depends on learning that the things you once thought were true are not necessarily so anymore.

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You And Wealth Restoration Institute – Part1

Don Burnham Has Set Date For The Grand Opening Of Wealth Restoration Institute

The world is witnessing economic crisis with jobless rate which is highest in many years and foreclosures continue to rise. The markets continue to struggle to make gains, while investor’s confidence remains uneasy. Stating that these are challenging time, Don Burnham internationally know investor, speaker and author sets July 15th as the Grand Opening date for the newly organized Wealth Restoration Institute.

Don Burnham is an entrepreneur, author, real estate investor, teacher and speaker. Almost everyone not only in our economy but the global economy has lost some of their net worth and the focus has turned from ‘getting rich” to “getting back” CEO Burnham who formed WRI with Judy Jacobs, the President and a host of other investors described WRI as a like minded community.

As a community of people who have lost some or all of their net worth in these difficult economic times, through the combined support of the interactive community, programs and services WRI is committed to provide knowledge and encouragement to all who seek the restoration of their wealth, be it financial, social, spiritual, mental, physical, and/or emotional.

Financial Security, Helping Others, Integrity, Health, Making a lot of Money are the values which matters most to any individual. Before spending your time or money resources, one should keep in mind that what value you are spending brings to you. This will help you focus on what’s really important and to realize that getting that value might not require spending money at all!

Wealth Restoration Institute helps people achieve Financial Success and still having a balanced lifestyle. Share this formula with everyone to make a financial stress free world!

Visit the website http://www.WeKnowTheWayBack.com and get free 7 steps to “Wealth Restoration” Video Training, Join WRI NOW.

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