1. Most focus on perfection, not experiments.
Seeking perfection has lost me more than $100,000 the last couple years. By the time a millionaire has tried and tested eight different experiments without focusing on perfection, most people haven’t even gone to market yet. Maybe only two of their experiments worked and were deemed profitable. The point is they weren’t paralyzed by perfection, but were driven by testing.
Test all your crazy ideas. No matter how crazy they sound, try them out. Find out which ones work, then optimize how effective they are. Test all variations of that idea. Find out which variation works best. Ideas are nothing until executed and proven.
2. Few thoroughly think things through.
“The more you sweat in peace the less you bleed in war”
One of the biggest missed opportunities for entrepreneurs is not preparing for, or pre-determining what, they want. Truly productive people know the result they are after and maintain acute clarity on it. Armed with this awareness, they reverse engineer this big goal into a series of small and actionable steps that they then put into a one or two page plan of execution. Strategically thinking through your future will prevent mistakes, while increasing your ability to predict. When you’re intentional in all you do, you mitigate against risk and can make more educated decisions.
3. Most never learn intelligent delegation.
Getting others to do something as well or better than yourself is one of the hardest aspects of leadership, but necessary if you’re going to grow the business past the six-figure mark. Before you strategically delegate and build a team you must understand who you are, and what’s most important to you. Once you determine your most important values, put them into writing and operationalize them into company standards. Consistently systemize and internalize those values.
4. Most are making the wrong trades.
Millionaires realize they will never become wealthy trading time for money. It’s OK for awhile when you start, but at some point you have to focus on scaling and leverage. You’re fighting an uphill battle if you’re trying to make seven figures trading time for money. You won’t get to seven figures only doing more of made you six figures.
Dont fall into the wrong trade. Make good decisions today and start making money. CLICK HERE TO START
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