Top Twenty-Nine Facts YOU MUST KNOW to Guarantee Success in Any Business.

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I have read many books in my life about how to attain success in business and I found that many of them have a generalist approach to success whilst very few have a step by step, specialist kind of methodology that will guarantee you success. They always talk about believing in yourself, having a killer instinct[N1] , having the right attitude and mindset, but that’s just one aspect – the psychological aspect, of this conundrum called entrepreneurship.

Don’t get me wrong, some of this general advice is relevant when you already have a solid plan and resources to get you to wherever you need to go, and if all you thirst for is good old inspirational words and a nice pick me up to keep the engine going, then such feel-good literature works like a charm in such instances. However if you were like me, who when I first conceived the idea of KICKSTART Magazine, had no money saved up, no specialised skill, very little belief in myself due to doors being shut in my face, you can appreciate why I didn’t spring to action after learning that self-belief was the key. I felt that I needed advice that did not seem too abstract   in regard  to my shortcomings, addressing my inefficiencies and settling  my insecurities about starting small.

After having been told countless times that my business idea is not viable, that the media market is cornered and controlled by a cartel, which it is, I remembered Wattles D. Wattles rule no. 5, which says,

  • You must get rid of the thought of competition. You are to create, not to compete for what is already created. You are to become a creator, not a competitor. You are going to get what you want but in such a way that when you get it every other man will have more than he has now.”

I didn’t believe it at first however I followed his advice because it was the most practical of all the advice I ever received. I would sit in my room everyday and read these 29 facts over and over again until they were so deeply imprinted in my mind that they came alive and became the invisible force that propelled every action I took. And I made damn sure that every action I took was very efficient.

I continue to live by these rules and use every opportunity I get to let the KICKSTART team aware of facts 15 and 20:

  • Every act is in itself either a success or a failure. Every act is in itself either effective or inefficient. Every inefficient act is a failure and if you spend your life doing inefficient acts, your whole life will be a failure.
  • Every action is either strong or weak and when every action is strong, you are acting in the certain way that will make you rich.I am nowhere near being rich at the moment, but I believe that if I continue to manage my life and my business in an efficient manner, sooner rather than later, big money will flow right down the path which my meticulous planning, preparation and efficient acts has carved.

So here they are:

  1. By thought, the thing you want is brought to you, by action you receive it.
  1. You do not need to pray repeatedly for things you want as it is not necessary to tell God about it every day. The answer to prayer is not according to your faith while you are talking, but according to your faith while you are working.
  1. No one is kept in poverty by a shortness in the supply of riches; there is more than enough for all. The working class may become the upper class whenever they wish to be if they will begin to do things in a certain way. The law of wealth is the same for them as it is for all others.
  1. See the things you want as if they are actually around you all the time, see yourself as owning and using them. Make use of them in imagination just as you will use them when they are in your real possession. Live in this mental picture until it is clear and distinct and take the mental attitude of ownership toward everything in that picture.
  1. You must get rid of the thought of competition. You are to create, not to compete for what is already created. You are to become a creator, not a competitor. You are going to get what you want but in such a way that when you get it every other man will have more than he has now.
  1. Your action whatever it is must most likely be in your present business or employment and must be upon the persons and things in your present environment.
  1. Put your whole mind into present action. If you act in the present with your mind on the future, your present action will be with a divided mind and will not be effective.
  1. You cannot act where you are not; you cannot act where you have been, and you cannot act where you are going to be, you can only act where you are.
  1. You can advance only by being larger than your present place and no man is larger than his present place who leaves  undone any work pertaining to that place
  1. Do not bother as to whether yesterday’s work was well done or ill done, do today’s work well.
  1. Do not try to do tomorrow’s work now; there will be plenty of time to do that when you get to it. Do every day ALL that can be done that day.
  1. You are not to overwork, nor rush blindly into your business in the effort to do the greatest possible number of things in the shortest possible time. It is really not the number of things you do, but the efficiency of each separate action that counts.
  1. When things reach you, they will be in the hands of other men, who will ask an equivalent for them. And you can only get what is yours by giving the other man what is his.
  1. Do not wait for a change of environment before you act, get a change of environment by action.
  1. Every act is in itself either a success or a failure. Every act is in itself either effective or inefficient. Every inefficient act is a failure and if you spend your life doing inefficient acts, your whole life will be a failure.
  1. The more things you do, the worse for you if all your acts are inefficient ones.
  1. On the other hand, every efficient act is a success in itself and if every act of your life is an efficient one, your whole life must be a success.
  1. The cause of failure is doing too many things in an inefficient manner and not doing enough things in an efficient manner.
  1. Never admit the possibility of failure or speak in a way that infers failure as a possibility. Never speak of times as being hard or of business conditions as being doubtful. Times may be hard and business doubtful for those who are on the competitive plane, but they can never be so for you because you create and you are above fear.
  1. Every action is either strong or weak and when every action is strong, you are acting in the certain way that will make you rich.
  1. Do not feel that you have no chance to get rich because you are not working where there is no visible opportunity for advancement. Where wages are small and cost of living is high. Form a clear mental vision of what you want and begin to act with faith and purpose.
  1. Do all the work you can do every day and do each piece of work in a perfectly successful manner, put the power of success and the purpose to get rich into everything that you do.

 

  1. Convey the impression of advancement with everything you do, so that all people shall receive the impression that you are an advancing man and that you advance all who deal with you. Even to people whom you meet in a social way, without any thought of business, and to whom you do not try to sell anything, give the thought of increase.

 

  1. You can convey this impression by holding the unshakeable faith that you, yourself, are in the way of increase, and by letting this faith inspire, fill and permeate every action.
  1. Do everything that you do in the firm conviction that you are an advancing personality, and that you are giving advancement to everybody.
  1. When you get out of the competitive mind you will understand that you never need to act hastily. No one is going to beat you to the thing you want to do. There is enough for all. If one space is taken, another and a better one will be opened for you a little farther on, there is plenty of time. When you are in doubt, wait. Fall back on the contemplation of your vision, and increase your faith and purpose, and by all means in times of doubt and indecision, cultivate gratitude.
  1. There is a mind which knows all there is to know, and you come into close unity with this mind by faith and the purpose to advance in life, if you have deep gratitude.

 

  1. Do not tell of your past troubles of a financial nature, if you have had them, do not think of them at all. Do not tell of your parents’ or the hardships of your early life, to do any of these things is to mentally class yourself with the poor for the time being and it will certainly turn the movement of things in your direction.
  1.  Since you are not in the right business or the right environment now, do not think that you must postpone action until you get into the right business or environment. And do not spend time in the present taking thought as to the best course in possible future emergencies. Have faith in your ability to meet any emergency when it arrives.

I found that this man, Wallace D. Wattles, knows all about starting while lacking. The 29 facts above form the core of what you should be doing as an aspiring entrepreneur to master the art of starting and growing a business no matter your background and circumstances. The tips above will assist you in gauging progress of your advancement and in defining what success should ultimately mean to you.

These 29 facts constitute the essence of Wattles teachings and have been summarized here for your convenience.  Commit these steps to memory; put them in a safe place where you can have easy access to them whenever you need them. You will not regret it. Out of all the 29 items listed above, focus on five or less which speak clearly to your sense of ambition and let your thoughts and action reflect this in your everyday life and in time you will start seeing spotlights of progress breaking through the darkness to give you hope for the future that you can finally see and touch – a business you can call your own.

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About Author

Tuming Lee Magongoa simply known as "Tuming Lee" is firstly an award-winning entrepreneur, secondly a multilingual children's book publisher and magazine publisher and thirdly, the Editor of KICKSTART Business Magazine. Her company Tuming Lee Media (TLM) does not only provide grassroots entrepreneurs with knowledge to start their own businesses in the pages of its magazine, but it also gives success classes, business classes and innovation classes to this very market. The decision to supply entrepreneurial education was based on the premise that 70% of businesses don't make it past year one, despite all the information that's available on the internet, in books , on TV, on radio and everywhere else. She discovered that the high failure rate is caused by the failure of entrepreneurs to apply the knowledge they gain. And that's where TLM comes in, to help newbies with the organisation and application of business knowledge in a way that will unlock the entrepreneur's full potential and yield positive results.

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