The 8 key principles of becoming a successful entrepreneur in this world

Becoming an entrepreneur isn’t an easy task, especially in the world we currently live in; it can be hard to get the right advice and guidance. Sometimes no matter how much advice we get from friends, relatives or even strangers, while it can be valuable, sometimes it’s not worthy to be listened to at all. Since, the advice often falls in two extremes, either being impossible to do or simply unhelpful. Therefore, being an entrepreneur myself, and often having difficulty trying to find my path and the key steps to take, I have taken everything I’ve learned over the past years reading, learning and interacting with entrepreneurs from around the world and devised it into these 8 principles in order to become successful.
 
Therefore, sit tight, grab some coffee if you like, and get ready to be enlightened because these 8 principles are going to probably be the most vital pieces of information that you will get, that you would require to keep in mind.
 
1.) Stay Strong

Being an entrepreneur and starting your own business is an overwhelming idea. Not only is it taxing on your body physically, but as well mentally. I’ve been through this, where I was running on 4 hours of sleep for not only days but also weeks, only to suffer a major crash one afternoon and then be sick for days, ruining the productivity in my work due to my lack of self-consciousness of my body. You see, making your new company everything is great, but not so great at the same time. Since, the biggest driver in making your business successful is YOU! So if you are not taking care of yourself, and falling sick every other week you’re not only hindering your health, but the success of your business simultaneously.

You need to take care of yourself, sleep, and exercise in order to keep your body in top-notch condition and this will reflect not only on your personality but also on your business as well. I personally ensure that I get at least an hour of a heavy workout 3-5 times a week to cool off the steam from the daily grind. If you cant take care of yourself, how on earth do you expect to believe that you can take care of an entire company. 

Remember; don’t sacrifice your heath and happiness for your company. Yes, your company is important, yes your dreams are important, but there are not as important as YOU are. Take care, and remember, if you continue to neglect your health, eventually you will end up unhappy, tired and useless. Without happiness, what is there left in life?

Stay strong and take care.
 
2.) Learn to say no

If there is anything as being an entrepreneur, or someone working to go against the norm and live life differently that I have learned or been told, is to learn to say NO. If I could get a penny for the number of times I have been told this, I would be at least a millionaire by now. The matter is, the moment you decide to take life in your hands and go against the tides we are bombarded with a lot of difficulties. One of which is, saying no. Saying no to friends, parties, and extra stuff. Since suddenly our life takes a different path, in which our focus only lies in the path of success and bringing that vision to life.
 
The key is to not over load yourself by accepting new responsibilities and opportunities, but only to do so if it does not come at the cost of directing your energy to these tasks when more important issues lay astray. Something that I do is make a daily or weekly to-do list, and learn to get those tasks done first and only after those are done do I accept new ones.
 
Learn to say no, more forward, embrace the tide and get that success.
 
3.) Embrace your weak points

As a young entrepreneur, I was always over a fact that I had to be perfect, that, every successful individual out there had no such thing as a weakness and that it’s a sign of losers. I was wrong. Over time, of working on myself and meeting many entrepreneurs, I realized that embracing and knowing my weakness was rather more important than knowing my strengths’! By doing so, I was able to understand where I needed to educate myself more, areas where my company probably required more focus, since, as humans, we cannot be experts in every arena. There is a great possibility you may be great with numbers but not great with marketing. Or, you’re more of a people person and not a finance guy, vice-versa. Its okay!
 
We all have weaknesses, we all have weak points, However, it is through these weakness that you embrace and then hire people who can fill in these gaps in your armor, and through this you are slowly not only becoming stronger as a self, but as a company, as a team, as a family.
 
Embrace your weak points, believe in yourself and keep moving forward.
 
4.) Service is everything

One thing I realized when I started my first blog and then starting to provide service to people, was that everyone wanted my devout attention to their respective needs irrespective of my schedule. You see, your customers don’t really care about your schedule, because when they book a time with you or request service from you, they are expecting the best service possible from you and that’s it. You have to no matter what, provide the best possible service you can to your customers. Customers are what make your company grow, without customers; your company wont grow into anything at all.
 
Following this, if you get into the position that you are hiring people for your company, remember one important lesson; A boss is one who drives his employees, whereas a leader is one who coaches his employees. Treat your employees like diamond, even if they come in rusted, treat them like diamond. By doing so, you will have your company transform into a world-class service provider in your respective field. Thus by doing so, you will have happy customers, and happy customers convert into revenue.
 
Now, we all know the saying “it’s easier said than done”, and that does apply to this, but that’s okay! Take your time in building yourself, your service and company. Everything will work out in due time, trust me.
 
5.)Be careful whom you recruit

Your team, the people who you surround yourself in your initial stages of your startup are the biggest asset in your success. Your choice of recruits reflects the success of your company. Your choice of recruits must be taken as a permanent choice, as it is possible it will be one of the most important decisions you will ever make. We all are aware of the famous fall-out between Steve Jobs of Apple and his board of directors.  The people Steve hired to be part of his vision, eventually turned him out and fired him from his OWN Company!
 
Therefore, be picky, be weary, make sure the ones you hire and decide to take on your boat with you share the same desire and hunger for your vision as you do. If you do so, everything will be great, if not, you might end up having to deal with an imperfect fit for many years if not decades.

6.) Love Failure
 
Ah, one of the most talked aspect in respect to success; Failure. For some reason, the word failure has been associated for too long with being a bad thing. Why is that? I have no idea, I guess most unsuccessful people never learnt from their failures and hence blamed it as the route of their downfall. Whereas, failure is not only of the most valuable lessons of life but also contains within it the door to success! Failure is the simple reflection of someone trying. Every time you fall from failure, you are automatically one step ahead when you get up, think about it. When you are casually walking around the neighborhood and trip over something and fall, what happens when you get up? You naturally take a step forward and look back at where you fell and move forward. Why cant the same notion be applied to life where people take failure as a stepping stone to success and as a form of learning to make oneself stronger and better. Embrace failure, and be afraid of not trying.
 
One of my favorite analogies I give my clients in regards to failure is going back to childhood. Go back to when you were a baby learning your first steps. How did you do it? You took a step, then fell down, got back up and took another few steps and then fell down again. It was only after you kept falling and getting back up did you learn to eventually walk in full synchronization. Now, take your life in the same way, your business, your dreams, everything. All those hurdles you’ve faced or are currently facing, are merely stepping-stones, you just need to believe and have faith in yourself, your vision and keep moving forward. Eventually, if you really keep at it, you will make it, and one day be writing a book about your success.
 
Listen, its simple. If you want to be successful, you have to travel through the world of failure and pain. However, remember the more failure and pain you endure, the larger your success will be. Take that, embrace it, endure the pain, enjoy the grind, and it all will be worth it.
 
7.) Be Picky

Next time you watch a major press conference of a CEO of a leading company talking about surplus-sing their profits by X-number percent, remember behind all that glamour and success is a strong support system; The employees, the ones who were able to transform the innovative idea into reality. Truth is, the most innovative idea can die out if you don’t have the right team to create it. Therefore it is essential to be picky with you hiring, to involve yourself with the hiring system in order to ensure you hire the same hungry and passionate individuals like yourself, since it is your employees that are the generators of your business.
 
Take time and devout your attention in creating the best team possible, and go achieve massive success.
 
8.) Explore new horizons

Over the past few years, I have been able to meet a vast number of people in different areas. If there is anything I have learnt from my meetings is that every one of them had ideas, ideas of how to change the world, of how to better something, amazing ideas there were. However, the issue lies in the conversion rate of idea to reality. What is the use of an idea that may revolutionize the world if you can’t turn it into reality? I understand there are constraints, some constraints which we cannot control, but I truly believe that we all live only once on this world, so might as well give it your all and make whatever that idea is of yours into reality, and if you fail in doing so, get up and try again with another idea, at least you tried! You can choose to sit and fantasize over the Internet in your own world, or you can take the plunge and see what you can make out from this world.
 
Live your life with a dream, a vision, a purpose and leave your mark on this world as someone who made a difference.
 

 
"Annas an aspiring entrepreneur, speaker and writer who also runs his blog borntobenumberone.com. Annas has dedicated his life to help people reach success and share his advice and opinions on how to do it. Connect with Annas on Facebook, twitter and Instagram and see your life move forward!"
Annas King Khan- Facebook
@AnnasKingKhan-Twitter
@AnnasKingKhan- Instagram
 

 
-Annas Khan

 

Want to know why some people are more successful?


Want to know why some people are more successful in business than you?
by J. Brett Abbey

Do you ever wonder why some people are more successful in business than you? Why they generate more leads and have more sales?

Is it because they are smarter than you? Do they work harder? Are they better looking? Wait a minute. What am I saying? Who could be better looking than you!

In most cases, the reason you’re not doing as well as you should is because you are not sending the right message to potential clients. Have a look at this statement below.

A well thought-out plan for your financial future is an integral part of building the life you want for yourself and your family.”

I pulled this statement from the home page of an Investment Advisor for a national, financial planning company. This statement is basically the first thing you see on the Investment Advisor’s website, immediately after their name. And if you Google this statement, you will see that it appears on many other Investment Advisors’ websites from the same company.

Now ask yourself what value does this statement have? Does it interest you in wanting to know more about this advisor and the service they offer? Does it reveal what value this advisor offers you as a potential client? Does it even make you want to do business with this advisor above all others?

Sadly, no! The only thing this statement does is state the obvious. This statement does little to add value or provide a potential client with a reason why they should be interested. And chances are any potential client reading this statement is going to “click off” to another website and (dare I say) another Investment Advisor who has a value proposition that satisfies their needs.

Give your message value.

Marketing effectively is not rocket science. You simply need to help potential clients see the value you bring to the table and why they should choose you over others. They want to know that you are the right person (or better yet, only person!) who is going to help them solve their problems or fulfill their dreams.

You only have one opportunity to get it right. Having the right value proposition is paramount to your success. A good value proposition will practically, pre-sell your potential clients and they will want to know more about you. It’s what we call a hot, hot lead.

So whether you are a financial advisor, entrepreneur, real estate agent, accountant or business person, creating the right value proposition, can help you become the envy of your competitors – with more leads, more sales and more success.

Keep your eye tuned to www.messagemasters.ca for details on how you can create a value proposition that can practically double your sales!

----------------------

 

 

 
 
 
 
 
About the Author

J. Brett Abbey is an award-winning speaker, author and messaging expert who can help you generate more leads, increase your sales and enjoy greater success – simply by creating the right message to the right person, the right way. Contact Brett today to see how you can turn your words into profit and get business to come to you.
Visit
www.messagemasters.ca or email web@messagemasters.ca to get started.

 

Exhibit at or Sponsor the 2015 Toronto Entrepreneurs Conference & Tradeshow Events


TorontoJobs.ca presents two Toronto Entrepreneurs Conference & Tradeshow events in 2015:

 

-          May 13th - Mississauga Convention Centre

-          November 4th – Chestnut Conference Centre (Toronto)

 

These are unique events and an excellent opportunity to reach your target market of small to medium business owners.  Participating in these events is an opportunity for your company to have direct access to key decision makers across the GTA.

 

Last year’s events had over 100 exhibitors and 2,000 attendees.   Previous exhibitors and sponsors have included:  Bell Canada, Purolator, Yellow Pages Group, Hewlett Packard, Paytrak, Canada Post, Costco, Mars Discovery District, Porter Airlines and many more.

 

Key Points:

 

- The trade show is free at the events with concurrent speakers.

- There are sponsorship or exhibitor package available for any budget.

- Speakers present on a wide range of topics.

- Past keynote speakers include:

 

-          Robert Herjavec - Dragons’ Den and Shark Tank

-          Bruce Croxon - Dragons’ Den

-          Mark Breslin - President of Yuk Yuk’s

-          Alex Rechichi – President of Extreme Brandz (Mucho Burrito/Extreme Pita) 

-          Christine Magee - President, Sleep Country Canada

-          Robert Deluce - President and CEO Porter Airlines

 

Here’s what you can get as an exhibitor or sponsor**:

 

-          Booth

-          Admission tickets for your clients

-          Breakfast and Lunch

-          Social Media Mentions

-          Advertisement in Show Guide

-          Logo on all marketing materials

-          Speaking Opportunity and/or Introduction of a Speaker

-          List of attendees

-          Mention in media releases

-          Email blast to the Toronto Entrepreneurs database

-          Postings on TorontoJobs.ca

 

**Note packages depend on level of exhibiting/sponsorship

 

**New for 2015 – the “Start Up Exhibitor” package starting at only $295 plus HST.

 

For complete details on the event, as well as sponsorship and exhibitor opportunities and registration information, please visit:


 

If you are ready to book your package, please complete the registration form found on the last page of attached media kit and either scan/email to marc.belaiche@torontojobs.ca, or fax to my attention to 905-566-1179.

 

Feel free to contact me should you require any further information.

 

Happy holidays and best wishes for 2015!

 

Thanks,

Marc

*************

 

Marc Belaiche, CPA, CA



160 Traders Boulevard East

Suite# 101

Mississauga, Ontario

L4Z 3K7

 

Phone: 905-566-JOBS (905-566-5627) x2873

Fax: 905-566-1179

Cell: 905-783-1777
Toll Free: 1-866-486-JOBS (1-866-486-5627)

Direct Mail Comes to the Rescue in an Era of CASL

Businesses are singing the blues – the electronic marketing blues, that is. CASL (Canada’s Anti-Spam Legislation) has disrupted certain business promotion models by requiring that all recipients of such messages have given prior consent or fall under implied consent. Gone are the days of the email blast, the commercial text message and the unsolicited social media promotion – no minor blow to legitimate businesses especially entrepreneurs and  small companies with limited budgets that have relied on the electronic media to promote themselves and to prospect for those all-important new customers. While CASL’s goal to reduce unwanted messages is laudable, the legislation is forcing a change of direction and a re-evaluation of methods including a return to an old stand-by  ̶  Direct Mail.

Direct Mail can fill the gap caused by CASL

Your email marketing list continues to be a legitimate way for your business to communicate with those who have an existing commercial relationship with you, who have given their explicit consent, or who have implied consent.

The problem is: How do you find new customers? How are new prospects made aware of your very existence and the wonderful things you can do or provide?

Yes, there are options such as links in online ads or the use of blogs on social media. But ads are more impersonal and blogging requires someone with that set of skills and constant attention. These methods while useful may not reach the person who does not read blogs or skips the ads.

Direct Mail is a proven method – with the right preparation. Arguments against it are the cost. However, if carried out properly Direct Mail can successfully broaden your reach, can bring in new prospects and even enlarge your email contacts by inviting prospects to sign up to your communication. It has worked for the businesses as diverse as a musical instrument dealer and a long distance company. The key elements for success are:

  •  Precise targeting,
  • Addressed mail (name and address), and a
  • An attractive, inviting or enticing insert
Precise targeting is important in order to reach those most likely to be interested in your message. It avoids waste. Which types of people are buying from you? Your own customer list can provide much of that information. If it isn’t clear then a professional analysis of the list will reveal the kind of customers already engaged with you. Using that information those types of households dominant in particular geographic areas can then be targeted. In the case of the instrument dealer, he wanted to hold a one day sale. He knew he had to target families with children, at a certain level of income. He sent invitations to the households in areas that exhibited those characteristics

Targeting gets you into the right geography but so far it’s still junk mail. The key here is to personalize your message. Use the name and address of the householder on the mail piece. This technique recognizes that there is a person on the other end and separates it from other mailings. Canada Post has found that there is a high propensity for individuals to open addressed mail.

With personalization you have increase your chances that you have their attention and that they will actually open up the envelope. Now you must reward them. From here on in your insert must speak for you. It has to be attractive to the eye, offer good information, perhaps the opportunity to take advantage of a sale or a coupon. The instrument dealer took it one step further. Confronted with a large ethnic segment in his target areas, he chose to send the invitations in their language. He was speaking their language – recognizing who they were. He had a great sale.

Now that you have their attention and their interest invite the prospect to sign up to your email – for a reward. This could be the start of a long relationship.

If you need to reach beyond your customer base Direct Mail is an alternative worth looking at. When precisely targeted, personalized with name and address and rewarding the prospect for their willingness to investigate who you are, Direct Mail can connect you with new prospects and fill the gap of electronic marketing.



Hilde Reis-Smart is the owner of SM Research a company that generates targeted Consumer and Business lists and uses Analytics to mine for customers.

Success in Life is About progress not Perfection, Understand the Difference.

As I’m sure you all know, life seems to be getting more and more complicated.  Between running a business, kids, trying to stay fit, aging parents, looking after the house and trying to save a bit of money along the way, it’s not an easy battle!  Many entrepreneurs think about the idea of creating a “simpler life”, but most are not even sure where to begin.

I feel very fortunate to be able to participate in Dan Sullivan’s Strategic Coach Program.  This is an amazing program built for growth minded entrepreneurs to assist them in building self-managing companies.  There are a number of breakthroughs I have experienced through participating in their sessions.  One of these breakthroughs was experienced after I read Dan’s book, Learning How to Avoid the Gap.  This book depicts the undermining strategy for building lifetime happiness through taking a different look at the measurement of progress in life.

There are a number of things that we measure in our lives.  Some of these include: physical appearance, wealth, intelligence, relationships, possessions, etc.  Many of us have a vision or an ideal around what life would be like if we were more confident in any of these areas. Personally, I have fought with my weight for a number of years and often think about how I would feel at the perfect weight.  These visions are often the inspiration for goals.  In my case, to eat healthier or to exercise more frequently.  The excitement then begins!

Most significant goals take time to accomplish. When developing goals, most of us start with a review our current situation.   We then figure out what our target is and what success looks like.  We begin moving forward with an action plan and making progress.  We then typically hit a few road blocks and progress slows down.  This is often the point when we review progress compare it to the desired end result.  In my personal example above, let’s say my goal is to drop my weight from 220 to 200 pounds.  I’m one month into my new healthier regime and I’ve lost 4 pounds.   Only 16 more to go!  I then begin thinking about how tough it was to lose the first 4 pounds?  How am I going to be able to do this for the next 6 months?  What about my upcoming vacation?  How am I going to stay on track at an all-inclusive resort?  The conversation then goes on and on.  This often leads to unhappiness, a lack of confidence and may result in you even abandoning the goal itself.  Dan Sullivan calls this type of thinking “getting stuck in the GAP”.

If we take a different approach to measurement, we can often change the feelings and confidence around progress.   Let’s say we focus all of our progress measurement against our starting point.  We know that getting to 200 pounds (loss of 20) is our end goal but let’s try to forget about that for a moment.  Our starting point was 220 and now we are at 216! This is something to be celebrated.  Think about all the new health habits you have changed to get there.  Think about how many times you have exercised in the last month.  The point is that this style of measurement is much more fulfilling.  It helps build much more confidence and is much more likely to keep you focused on the eventual achievement of your end goal. 

Throughout life we will set thousands of goals.  Some as small as getting to work on time to goals as large as paying off our mortgage or having enough money to retire comfortably.  The sooner you begin measuring progress from your starting point vs. the end result, the sooner you will begin building confidence and will become happier in life. 

In the event you need additional assistance in simplifying your life, we also offer our Simple Life Vision Session. This is a free, 90 minute, one-on-one session where we help you come up with your own Simple Life Vision and a starting point for an action plan to achieve it.  Please feel free to visit our website for any further information.  www.simpleplanprogram.com

We appreciate your interest and hope this information was of value to you.  If you happened to miss our Top 10 list, please let us know and we will be sure to send you a copy.  Have a fantastic day and always remember to keep things simple!


Mark Landers is the creator of The Simple Plan Program and has been helping entrepreneurs simplify their lives for over 10 years.


Five Signs You’re Ready to Start Your Own Business

Five Signs You’re Ready to Start Your Own Business
 
Contrary to what you may have heard, you don't need an entrepreneurial spirit to start your own business. All it takes is desire, planning and a belief in your skills and abilities. Yet taking that leap can be intimidating for many. So for those who are still not sure, here are five tell tale signs you're ready to call yourself boss. 
 
1.            You've hit the corporate ceiling. It's either the end of the line, or a promotion will only bring more stress and headaches. If you're going to experience stress in your career, at least make sure you're the one who benefits from it.
 
2.            You can do things better. You find yourself staring at your boss, shaking your head knowing you could do his job better than him. Regretfully you'll probably never get the chance. So open up across the street and show him how things are really done.
 
3.            You have big ideas. Your employer views new ideas as inconvenient or too much effort. Or even worse, your manager will just take the credit. The only people who will really appreciate your ideas are your own customers.
 
4.            You're bored. Your skills and talents are not used or appreciated. Your knowledge and experience is being wasted. Even the unpaid intern doesn't want your mindless job. Maybe it's time to create your own position as CEO.
 
5.            Signs from "above". You get passed up for a promotion, transferred to the satellite office, or laid off. Take this as a sign it's time to go out on your own. And you may not have a choice anyway, so go for it.
 
Cheers,
 
Marc Gordon
marcgordon.ca

________________________________________________________________________________
 
About Marc Gordon
Marc Gordon is a marketing expert and professional speaker.  His articles have appeared in over 100 publications, journals, and blogs throughout North America. His online show, marctv, has been rated one of the top 25 B2B video blogs on the web.
 
Marc Gordon c/o Fourword Marketing
Tel: (416) 238-7811


Visit marcgordon.ca or fourword.biz for more information. Watch the newest episode of marctv.

Thanks for coming to the 2014 Toronto Entrepreneurs Symposium & Tradeshow!

On behalf of all of us at TorontoEntrepreneurs.ca we'd like to thank everyone who was at the Second Annual 2014 Toronto Entrepreneurs Symposium & Trade Show presented by TorontoJobs.ca this past week.
 
Highlights
 
There were lots of highlights of the day.  Here are just some of them:
 
- A great trade show featuring exhibitors such as zipcar, Mississauga Board of Trade, Proforma Laser, Liquid Capital and many more!
- Colin Sprake's keynote presentation on Maximizing Growth, Sales & Profit
- An amazing panel including Claudia Harvey, Co-Founder of Dig It Apparel Inc.
- An inspiring presentation by Ann Kaplan, a 9 time winner on Canada's Profit 100 list! 
- A breakfast co-sponsored between TorontoJobs.ca and Mississauga Board of Trade
- An afternoon sponsored by Canada Entrepreneur Organization (CEO)
- Lots of prize draws including the book "Tales from the Recruiter"
 
Check out the many tweets about the event at:
 
We'd like to thank our major sponsors for this event including TorontoJobs.ca, Mississauga Board of Trade, Canada Entrepreneur Organization, BizNetworkNews.com, GoToMeeting and zipcar. 
 
 
Stay In Touch with Us!
 
There's no reason you can't stay in touch with us! Here's what you can do:
 
Website:
 
Twitter:
 
Facebook:
 
Linkedin:
 
Blog:
 
 
Exhibit at or Sponsor the 2015 Toronto Entrepreneurs Conference & Tradeshow - May 13, 2015
 
Want information about exhibiting at or sponsoring our next event on May 13, 2015?  Email marc.belaiche@torontojobs.ca
 
 
Want to Speak at a Future Event?
 
Deadline extended to make a speakers submission for our 2015 Toronto Entrepreneurs Conference & Trade Show to Friday November 21st!  More information at:

 
Submit an Article
 
Interested in submitting an article for one of our upcoming TorontoEntrepreneurs.ca newsletters? Email marc.belaiche@torontojobs.ca for submission guidelines.
 
Have any questions about anything above?  Please contact us at info@torontoentrepreneurs.ca. You can always tweet using #TECONF!
 

 
 
Sincerely,
 
TorontoEntrepreneurs.ca
905-566-5627x2260