Category Archives: Self Help

Entrepreneurial Secret #11

Entrepreneurial Secret #11

You Can’t Win Unless You Compete

Many would be business owners never make it or reach their full potential in business or life because the are too afraid of a little competition. Many try to sneak in under the radar hoping they can become successful without their competition knowing about it. This is just a fantasy that is waiting to turn into a nightmare.

When I refer to winning I don’t mean going into business with a scarcity mentality in which you believe that if your competition is doing well that means you won’t be able to. There is more than enough business for those who are truly willing to do what it takes to satisfy it’s customer’s and their business needs.

You can’t win unless you are willing to fail. To fall flat on your face, get up and try again. The average successful person has failed 17 times before they got it right. No one gets the Gold Medal in the Olympics by practicing the hardest. No one gets a 100% on the test just because the spent long hours studying. You have to compete you have to put what you know or can do to the test. If you put the work in and it doesn’t turn out the way you expected. Know you tried and have no regrets. In the words of Art Williams, the man who changed a trillion dollar industry..”All you can do is all you can do”

Thank you,

Dewong Lucas, Sr.

http://www.HelpingEntrepreneurs.com

Entrepreneurial Secret #06

Entrepreneurs Secret #6

It’s Not the Steps you take…

The process you took, how long it took, or who you took is not as important as the impressions you left on the lives of those you impacted on the way. The media likes to glorify the superstars, the millionaire before age 13, the persons who was able to pull themselves up by their bootstraps, the girl or guy who was first in this or that group. Those are, or would be great accomplishments. The problem is, like most things in life we forget about them or they becomes common place. No one is impressed that you can talk to your friends on a phone that you can carry around and it’s not connected to the wall. At one point in time that was impressive.

The only true thing in life that lasts is the impact we have on the lives of others. It could be one person or 1 million people. The few degrees of separation that exists between people can cause a person who has only directly impacted one person can now indirectly have a profound impact on the lives of millions. We see it in the current day lives of religious speaker Joyce Myers, television host Oprah Winfrey, and software billionaire Bill Gates and his non-profit foundation, just to name a few. The manner in which they now leave an impression on the lives of others is unmistakable and will last well beyond their life.

As entrepreneurs, we should be striving to leave a positive impact on the lives of our family, employees, and our customers. They will be our true measure of success or failure. Is your family or employees happy to see you come or see you go? Are your customers having more problems since they chose you or has their lives become easier? If we are not focusing on adding value to those we serve then we are by default taking value from them. Remember, Those who take more than they give, at some point will be required to give it all.

If you have any comments or a topic you would like for me discuss, please leave a comment. If you liked the posts tell a friend who you think would too.

Thank you,

Dewong Lucas, Sr.

http://www.HelpingEntrepreneurs.com

Entrepreneurial Secret #08

Entrepreneurial Secret #8

Every Business is a Service Business.

Would you leave your house naked wearing only your socks and shoes? Most people would say no. That is what is happening in many small businesses. They believe they are covering all aspects of their business to be successful and they have no idea that “The emperor has no clothes.”

It doesn’t matter if you sell items like socks, clocks, or automobiles you are still in the service industry. Entrepreneurs who provide tangible products and only focus on the features that product provides are only focused on 20% of their business.  The remaining 80% is in the servicing of your customers and employees. The company that deliver the best customer experience within it’s market niche will win every time. This includes knowing you exist, your solution to their problem, how simple the solution process is and what happens before, during and after they say yes.

Remember to put and wear the shoes of your customers often. Always remember, the more customers KNOW, LIKE and TRUST you. The more they will buy from you and recommend those they KNOW, LIKE and TRUST to buy from you too. I challenge you to find more ways to serve your customers better. Many ways are free to you but worth millions to your customer.

Thank you,

Dewong Lucas, Sr.

http://www.HelpingEntrepreneurs.com