4 Mistakes In Business

Posted by Gediminas Grinevicius on Thursday, January 9, 2020 Under: Personal Development

The title of this blog post is four mistakes in business, that people make. I've been listening to an audio book by a guy called Grant Cardone and the audio book is called the 10 X rule, which basically talks about how to 10 times your business, 10 times your life, and he talks about four mistakes that people make in business basically and some of them, he made and when I was listening, I could relate because I made those mistakes too.

Mistake number one is a lot of people set goals that are too small. So it's sometimes counter-intuitive, because we think that, “Oh, I should set goals that are realistic, that are attainable." But you see, a lot of people fail in life not because they set huge goals and they miss them, a lot of people fail in life because they set goals too small and they hit them. So very often it will take the same amount of time for you to hit a big goal as it takes to hit a small goal. So why go for small goal? Why not go for huge goal? So set bigger goals, like Grant Cardone says, “10 X.” So think about your wildest goal, like the biggest goal that you can think of and then 10 X it,10 times it because it's going to take the same amount of time anyway. So why not go for something huge. So that's mistake number one, setting goals that are too small.

Mistake number two, that a lot of people make is under estimating the amount of resources and effort that it's going to take to achieve that goal. So again, a lot of people set the goal, but they don't think about, they don't imagine what it's going to take to achieve it, how much work is going to go into achieving that goal because it's all very well to set huge goals, to set incredible goals, but if you're not prepared to do the work, if you're not prepared to put the investment of your time and effort into it, then it's not going to happen, you're not going to achieve it. So Mistake number two is underestimating amount of time and resources and effort that is going to go into your goal. So number one, you need to set a big goal but then number two, you need to think, “Okay, what is it going to take for me to achieve this goal? How much work is it going to take?” So that's Mistake number two.

Mistake number three that a lot of people make in business is too much competing and not enough really dominating the niche or the industry. So what I mean by that is a lot of people who get into business, they see what the neighbor is doing, and they trying to do the same. They're competing against that person, they're trying to do exactly the same thing as their competitors and they're trying to always compete for that little bit of business. That's really not the best way to build a huge business. If you want to build a huge business, you need to reinvent, you need to challenge the whole industry, you need to be unique, you need to be different. So don't spend too much time competing.

Like if you're a network marketer, if you're in a home based business, don't just look what everybody else is doing on social media and do exactly the same thing. Don't just look what everybody else is doing face to face and do exactly the same thing. Why not be different? Why not be unique? Why not revolutionize your niche, your industry?

So think about things like Uber, things like Airbnb, things like apple. These companies have transformed those industries, they have challenged those industries, they didn't just go, “Well, we're going to be another taxi company, or we're going to be another hotel chain.” No, they did something differently, they did something uniquely, to stand out and to really challenge that industry. Most taxi companies didn't expect something like Uber to come in, most hotel chains didn't expect Airbnb to come in and it really shook the industry.

Same way you being in network marketing, you being in home based business, you can think outside of the box. How do I do things differently from everybody else so that I dominate my niche instead of just competing against everybody else who's doing exactly the same thing? So that's mistake number three.

The last mistake, mistake number four that a lot of people do in business is underestimating the amount of adversity that they're going to have to deal with in business, underestimating the amount of adversity that they're going to have to deal with in business. Guess what, there's going to be challenges, I promise you, it's not if, but it's when. There’s what they call Murphy's Law. And Murphy's Law says whatever can go wrong, will go wrong.

Be prepared for that, anticipate it straight away because if you think that your journey to success is going to be smooth sailing, oh my gosh, you're in for a treat. So but if you prepare, if you set your mindset from early on that, “Okay, I will expect challenges, I will expect difficulties, I will expect things not going to my plan.” Then you'll be prepared because it might take you 10 times more work, more effort, more challenges than you expect for you to achieve your goal. So you have to be prepared for that because a lot of people they underestimate amount of adversity, they underestimate the amount of challenges that they will have and then when they have those many challenges, they just quit, they just give up, they just go, “Oh, this is too difficult for me.” So these are the four mistakes.

That’s my training and tip for you. Hope you got value some value in this blog post, if you did, feel free to share it with other people. If you would like more amazing trainings check out “Network Marketing Success Training” group http://titaniumsuccess.co.uk/successtraining.php. There are 10 amazing lessons in this training course that will help you get the breakthrough in your business!

Yours in success


In : Personal Development 

Tags: what most people in business do wrong 
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