In each century, people with drive and ideas want to know the building blocks of success. The counsel of the greats, from philosopher Ralph Waldo Emerson to business magnate Warren Buffett, is surprisingly similar.
It all comes down to making full use of your mind, your hands, your ethics, your ability to connect and your sense of self. When you master these, you can construct a successful business, one step at a time.
Here is a closer look at the rules for happiness and prosperity, step by step:
According to Emerson, “Thoughts rule the world.” Take the time to research what your business needs and where to get it. Can you do it yourself for a reasonable investment of time and money? Or would it make more sense to outsource the tasks?
Smart business owners value their time. Instead of trying to do it all, they figure out what jobs they excel at. The rest they delegate. This is the best use of time for a businessperson who has too few hours in the day for the jobs that he needs to get done.
Another good Emerson quote is, “Shallow men believe in luck. Strong men believe in cause and effect.” Be very aware that working hard leads directly to business success. Not giving work your all leads directly to the poorhouse.
Once you decide what you want to accomplish, take positive steps to get the job done. Schedule your time wisely, and be consistent. Most importantly, show up. No slouch himself in the success department, Woody Allen famously said, “Eighty percent of success is just showing up.”
And once you do, work as if the profitability of your business life depended on it. Because it does. Don’t cut corners, give it all the energy and enthusiasm you can muster.
Warren Buffett has said many times, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that you’ll do things differently.” Treat your customers and employees like you want to be treated.
Your reputation will precede you in business dealings. Work travels fast online, on review sites and through social media. Do your best and people will keep coming back to buy from you. Treat customers badly, they will stay away in droves.
Buffett is also known for his insistence on working with others that you respect. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
Partnering with the right colleagues will double your power and your reach. That’s the beauty of social media, when properly used. Leverage your online presence by teaming up with people who know how to use it.
Accept the Success
Emerson said, “Life is a journey, not a destination.” And Buffet points out that you need to “know what success really means.”
Enjoy working on your business day to day. If you don’t, you won’t be happy when you’ve accumulated a bank full of money. If you love what you do, you’ll be rich long before you have the financial statements to prove it.
Give yourself credit for reaching goals. Share your prosperity with the people you work with. Enjoy time off, you’ve earned it!
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