Four Strategies to Find A New Business

There are four strategies you can use to find a new product or service to start or build your own business. Search Your Own FieldThe first strategy is to find a new product or service in your own field or skills. You may have a million dollar idea in your own mind. Many people have had the experience of having an idea for a product or service nag at them over and over again, and you keep pushing it away or ignoring it. They say the average person has four ideas each year driving to and from work, any one of which would make them a millionaire if they would just follow it up. So look into your own field… Read more

Test Marketing Your Product or Service

Six Ways To Get Fast Feedback How do you test market a product or service? How do you find out if people are actually going to buy it? First, make or get a prototype. Create or get a sample. If it’s being manu factured somewhere else, get a sample of it. If you’re going to manufacture it your self, create a prototype so that you can show it, demonstrate it, photograph it. So that you can let people see it, touch it, feel it, and get an opinion from it. Show It To Potential BuyersWhen we brought the Suzuki 4-wheel drive vehicles into North America, we bought three of them. We brought them in and drove them around to about… Read more

Be A Negative Optimist

The most important quality for success in entrepreneurship and in life is the quality of optimism. Optimists have an unrealistic expectation of success. As a result, they are willing to try far more things without becoming discouraged. In addition, because of their unrealistically positive attitude, they are willing to persist much longer than the average person. Optimism is a wonderful quality as long as you have it under control. Temper Your Optimism In order to be successful in business, and in any activity where your money is involved, you must temper your optimism with negativism. You must be enthusiastic about the possible upside of the investment but you must be skeptical, critical, suspicious and demanding about all the different ways… Read more

How to Succeed in Business

Build Your Own Business The high road to becoming a self-made millionaire in America is starting and building your own business. But this is not as easy as it sounds. Most businesses started by inexperienced people fail. Probably the primary reason why people don’t start businesses is because they’re afraid that they’re going to lose their money and for good reason. 99 percent of businesses started by people lacking business experience fail within the first two or three years. Why Businesses Fail And why is that? It’s because they don’t know how to succeed. They haven’t the slightest idea how to make a business successful. They may have an idea for a product or service, but they don’t know all… Read more

Finding A New Business Idea

Look for Opportunities How do you find a new product or service, recognizing that 80 percent or more will be new in five years? Here’s a series of ideas. Number one, begin with yourself. Begin with your own talents, your abilities, your experience, knowledge, interest, background, education, and so on. Look carefully at your current work, your current business, your current position, or your current product or service. Seek for what is called your own acres of diamonds. Look under your own feet. Look Into Yourself Here’s a question. What qualities account for your greatest successes in life so far? What personal qualities and abilities have gotten you to where you are? And how could you apply those qualities and… Read more

Seven Simple Steps to Small Business Success

Many businesspeople achieve their greatest successes in unexpected areas. They begin a business and then they find that it isn’t as profitable as they had anticipated, so they change direction, using their experience and their momentum, and strike paydirt in something else. The most important thing is to begin. To take action. To move forward one step at a time, learning and growing as you go. There is enough information available in virtually every field for you to become knowledgeable enough to achieve success. But action is necessary. The Two Parts of SuccessSuccess author Orison Swett Marden once wrote, the first part of success is get-to-it-ivness. The second part is stick-to-it-iveness. Every business beginning requires an act of faith and… Read more

Excellence Combined With Integrity

How to set standards for excellence and back them with total integrity. A Commitment to ExcellenceLeaders have specific responsibilities and must fulfill certain requirements. One requirement of leadership is the ability to choose an area of excellence. Just as a good general chooses the terrain on which to do battle, an excellent leader chooses the area in which he and others are going to do an outstanding job. The commitment to excellence is one of the most powerful of all motivators. All leaders who change people and organizations are enthusiastic about achieving excellence in a particular area. Be the Best!The most motivational vision you can have for yourself and others is to "Be the best!" Many people don’t yet realize… Read more

Unlocking Your Creativity

Creative thinking can be stimulated by two things; intensely desired goals and pressing problems. Your creative capacities need something to hone in on and your job is to provide it. A Continual Stimulus for IdeasIntensely desired goals, clearly defined with detailed plans for their accomplishment act as a continual stimulus for ideas to achieve them. Visualize Your GoalsTo trigger your imagination, write out a clear description of your ideal end result or goal. Be clear about the goal, be flexible about the process. Think about it, visualize it as realized over and over. Project your mind forward to the picture of the realized goal and then look back to the present. Define Your Goals ClearlyThink on paper. Make a plan… Read more

Follow Brian & Join the Discussion