Personal and Business SUCCESS Tips

Without vision, your business probably won’t succeed.

I describe vision as being able to “see” a clear picture of your fulfilled goals in your mind.

It’s like the box cover of a difficult puzzle…

You must begin with the end in mind.

Almost every success in my life has come AFTER having a vision for it. (For example, when I won the state championship, and every time I launch a product)

The successful business owners that I’ve known ALL have vision.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

9 Bad Habits That Every Entrepreneur Struggles With

We ought to break these habits in order to be successful in life and in business.

The article mentioned these 9 habits that get in our way – GET RID OF THEM and we will be on the road of recovery …

1. Failure to build trust and integrity.

2. Focus on things that don’t really matter.

3. Shirk accountability and role model.

4. Fail to consistently reinforce what’s important.

5. Over-rely on consensus decisions.

6. High priority on being popular.

7. Get caught up in self-importance.

8. Put their heads in the sand.

9. Fix problems, not causes.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

Why we pick bad leaders, and how to spot the good ones

“track record” tells only half of the story. In a new position, the candidate will have to face new obstacles, deal with a new team, manage more people introduce new products and do it all without a clear road map.

There are seven fundamental leadership qualities that the candidate must possess to be effective.

These qualities are :

Integrity , Passion, Courage, Vision, Judgement, Empathy , Emotional Intelligence,

Want to be leader – Act Like One …

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

Three factors of a success, from the marketing point of view , when you want to start a business from scratch . Awareness , Differentiation , Customer Service

Starting a business from scratch can be quite intimidating – especially if you have a great idea or product, but do not know how to bring it to market and generate dollar sales.

Worry no longer. I have developed a list of the three most crucial strategies that you can implement to set your business up for success. Implement these marketing strategies and tactics.

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Chin M C Best Selling Author – The Art and Science of Success vol 3

Personal and Business SUCCESS Tips

The three Critical Success Factors are : 1. high growth, scalable, and technology-based 2. leverage mentorship and community 3. you need access to venture capital.

With Facebook’s valuation at about $80 billion, you might be wondering how you can get in on this action. Maybe you’re ready to tap into the world of entrepreneurship to create or partake in the next billion-dollar idea.

So, what exactly does it take to get to this level? There isn’t an exact formula, and the chances of ever getting to this level are low, but as a proven, successful serial entrepreneur who has done well in his own entrepreneurial efforts, I can shed some light on what you’ll definitely need to do to achieve startup success; whether it’s a million $ or billion $.

Besides passion, resourcefulness, and depth of expertise, I’ve observed 3 critical success factors that are typical of the makeup of well-known mega successful entrepreneurial endeavors, such Groupon or Google.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

Jeff Bezos founded Amazon.com in 1994 as an online bookstore.

As CEO, he has built it into the largest retailer on the Web, selling everything from groceries to electronics and shoes.

Amazon consistently succeeds with risky new ventures, which Bezos credits to tenacity and an obsession with customer needs.

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Jeff Bezos is one of the founding fathers of e-commerce, and part of a select group of entrepreneurs in that field who managed to survive the dot-com bubble without losing control of their companies.

Today, his business, Amazon.com, is an Internet goliath that sells everything from books to laptops to gift baskets. Most recently, the company has acquired Zappos, the online shoe retailer, and unveiled the Kindle, the first e-reader to become a breakout hit.

This risky move into consumer electronics shows that Jeff Bezos, having pioneered online retail, is not yet ready to give up the pursuit of innovation.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

10 Powerful Management Insights from Apple, P&G, Yum Brands and Gilt Groupe

My book pile has begun to bulge with new “how we did it” books by managers from established, brand-name corporations — and one newer disruptive startup, the luxury-fashion, flash-sale ecommerce hit Gilt Groupe. So often these tomes are overflowing with self-aggrandizing blather, but, to my surprise, this crop has some useful tips on how to start and grow a successful business.

Here’s a rundown on the management traits these solid-gold brands used to get their startups off the ground, and to keep driving their companies forward.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

Fred Smith -Founder of Federal Express Inc

His concept of “overnight delivery” was deemed unfeasible by his professor at that time he handed over his economics term paper.

Years later when he was dissatisfied with the slow delivery of engine parts for an aircraft business , he put the “overnight delivery” concept into practice .

He came up with a plan for creating an integrated air and ground delivery system in which packages from all over the country would be flown to a central point, or “hub,” sorted, and then flown out again along specific routes, or “spokes” to their destinations. Under this “hub and spokes” system, the flying would be done at night, when airlanes were comparatively empty. The airports used would be in sizable cities, and trucks would carry the packages to their final destinations, whether in those cities or smaller communities.

Head Start
Fred Smith displayed entrepreneurial talents early in life. He learned to fly when he was 15 and took up crop dusting as a part-time hobby. At age 16, he and two friends formed Ardent Record Co., a business that still exists today. The young entrepreneurs operated the firm profitably and even produced a number of hits, including “Rock House” and “Big Satin Mama.”

People + Service = Profit
A key ingredient in Federal Express’ success has been a corporate philosophy that emphasizes treating its workers fairly. Managers are carefully trained to foster respect for all employees, and their performance is monitored. Managers are evaluated annually by both bosses and workers to ensure good relations between all levels of the company. Fred Smith believes that fair treatment instills company loyalty, and company loyalty always pays off.

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Chin M C Best Selling Author The Art and Science of Success Vol 3

Personal and Business SUCCESS Tips

Successful entrepreneurs stand a breed apart.

Whether pursuing a singular passion or a burning desire to create, the best entrepreneurs are always probing for improvement, embracing change and learning from failure as much as from success. The lions of entrepreneurship misstep like the rest of us, but they also wield a stubborn confidence and an amazing ability to adapt, survive and thrive in the face of common fears. Consider these less than auspicious beginnings:

• A Yale economics professor told a young Fred Smith his term paper, based on an idea for a company that would guarantee overnight delivery to major U.S. cities, was foolish, and gave Smith a subpar grade for his work.

• Critics and advisers told Jeff Bezos the range of products his cutting-edge startup Amazon.com website offered was too broad and not economically viable.

• Naysayers crowed that no one would sit in front of the television to watch Martha Stewart, a fussy perfectionist, on the ABCs of style. One thing Smith, Bezos and Stewart shared was that they looked beyond potentially paralyzing fears to focus on driving their businesses forward.

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Chin M C

Personal and Business SUCCESS Tips

Entrepreneurs Success Stories

Article 1

James Dyson and Dave Ramsey used their repeated failures to forcefully propel them into success. Both men saw a problem, helped people by solving the problem, and as a result built multimillion-dollar companies.

James Dyson was vacuuming his house when he realized his top-of-the-line machine was losing suction and getting clogged. An industrial designer by training, Dyson went to work reengineering vacuum cleaner technology to fix this problem. But that wasn’t his only challenge. Fifteen years and more than 5,000 prototypes later, he launched Dyson Limited to produce his design when no other manufacturer would take it on.

Dave Ramsey—author, talk show host and personal finance expert—has a simple message for people who want to change their financial lives: It will be hard work, but it will be worth it! No matter where you are in your Total Money Makeover, we’re here to help you take that next step.

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