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Rescooped by Kenneth Carnesi,JD from Competitive Edge
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Just 3 Characteristics Separate Successful Entrepreneurs From the Failures

Just 3 Characteristics Separate Successful Entrepreneurs From the Failures | e-commerce & social media | Scoop.it
A great idea doesn't mean a whole lot in the world of business with hard work, patience and open-mindedness.

....

Let me share a story with you that my friend and mentor Joe Polish, shared with me when I was first getting started out.

Joe started out in the carpet cleaning business and it was failing miserably. He was dead broke and living off his credit cards and then something happened that changed the course of his future. One of his friends from high school invited him on a boating trip where his dad, a multimillionaire real estate investor would be coming along. Joe thought he might be able to pick his friend’s dad’s brain. So he asked him, "What business would you suggest I go into where I could make a lot of money and turn my situation around?"

So the real estate investor responded and asked, "Are there people in your industry making money?"

Joe replied, “Yes” and the real estate investor responded by saying, “Then there is nothing wrong with your business. There is something wrong with you.”

After that conversation Joe buckled down and turned around his business, went on to make millions in the carpet cleaning industry and started one of the highest level masterminds in the world for direct marketers, called Genius Network. Read more: click image or title.

 

FREE Business Plan Template here: http://bit.ly/1aKy7km


Via Sandra Brevett, Marc Kneepkens
Friilance's curator insight, April 28, 2016 5:42 PM

Just 3 Characteristics Separate Successful Entrepreneurs From the Failures

Rescooped by Kenneth Carnesi,JD from Good News For A Change
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8 Ways Smart People Use Failure To Their Advantage - Forbes

8 Ways Smart People Use Failure To Their Advantage - Forbes | e-commerce & social media | Scoop.it

One of the biggest roadblocks to success is the fear of failure. Fear of failure is worse than failure itself because it condemns you to a life of unrealized potential.

 

A successful response to failure is all in your approach. In a study recently published in the Journal of Experimental Social Psychology, researchers found that success in the face of failure comes from focusing on results (what you hope to achieve), rather than trying not to fail. While it’s tempting to try and avoid failure, people who do this fail far more often than those who optimistically focus on their goals.

 

This sounds rather easy and intuitive, but it’s very hard to do when the consequences of failure are severe. The researchers also found that positive feedback increased people’s chances of success because it fueled the same optimism you experience when focusing solely on your goals.

 

Via The Learning Factor, Bobby Dillard
devyaani mathur's curator insight, April 13, 2016 12:02 PM

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Adele Taylor's curator insight, April 13, 2016 6:28 PM
Some helpful tips, learning from your mistakes is critical otherwise you will simply repeat them over and over again...
Irene Mohloai's curator insight, April 14, 2016 10:16 AM
Wow this is quite insightful