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Key Success behaviors Of Successful People – Make Them Your Constant Practice

Posted on May 9, 2018 by blogger

This is Part 2 of a series of articles on the Success Mindset the personality characteristics of successful people, and the behaviors you can adopt and make your common daily practice to achieve more success in your life).

Heres a checklist of behaviors common to successful people to support you in achieving your own Success Mindset.

1. Make the Decision to be Successful – Success is a Decision!
Success starts with a Decision to BE Successful! Success isnt a journey or an end result when you decide you want something, and mean it with your heart, the journey is what happens as a result of that decision. And, what a journey it is!

2. Recognize that Success is an Inside Job
You must choose to make the changes and shifts on the inside before you can make real changes and achieve the success you desire. Our minds are like a big filing cabinet you need to insert new positive files to empower yourself to get what you want. Be committed to your ongoing personal development.

3. Set Goals
No matter how far fetched, work on your higher Goals. Winners do!

Write down your Goals and Desires and review them daily. Write your Goals into specific Action plans. Break your Action plans into activity lists and chunk them into small steps (at least 3 next steps). Get rid of the time wasters.

4. Take Action!
Successful people know what they need to do to get what they want and they waste no time taking action and doing it Effective Inspired Action. Success likes speed …

Just take action.You’ll feel fabulous when you do. Make it simple, take the angst out of it, and just do it. It’ll make up for a handful of imperfections. Aim for progress, not perfection.

When you take that step, it will shift and move everything forward youll see magical things start to line up and happen in your Life.

5. Make Smart Choices to Support Your Success –
Ask yourself – will this choice empower me or disempower me? Successful people make choices that support achieving the life of their dreams. The more choices you have and create for yourself the more success youll have. By the shere fact that the more you do and try, the more likely you are to achieve the results youre after. Again, its a numbers game. Refine and find-tune as you go and learn from your mistakes.

6. Overcome Procrastination –
Be clear on what it would mean if you did it! Dont put your life on hold build a life thats meaningful … Successful people know how to overcome procrastination.

7. See Opportunity
Be savvy about recognizing opportunities around you. Be aware that an obstacle is often an unrecognized opportunity.

Successful people know how to make their weaknesses work for them. Embrace your weaknesses or shortcomings and turn them into teaching others how you overcame them and triumphed tell your story …

8. Know How To Pull and Attract Resources Around You
Recognize that your weakness or something you hate or arent good at doing, is someone elses passion. Build a network of people who can help you.

9. Keep Learning New Things Constantly!
Make this a lifetime habit. Successful people know what they need to learn and equip themselves to get what they want or move to their next success level. They never stop learning. Once you believe you know it all youre stationary. The 4 most dangerous words are – “I already know that.”

10. Look for Role Models
Success leaves clues. You need to look at others who have succeeded and gain access to those skills. When you know what the skills are that you need, you can go about getting them.

Successful people admire and model other successful people.

11. Participate in Mastermind Groups
This is a powerful way to move to your next level by getting together and working with likeminded people. They act as a force field holding the energy of your intention for you whether learning new behaviors, sharing knowledge, growing businesses, or marketing businesses together. No one can succeed to their full potential without community.

*** Heres a Bonus Behavior –
Know when to Relax and Refill Your Energy Reservoir
Its important to replenish yourself … Keep a balance between work and play and be mindful of the health of your Mind-Body-Spirit

So, you know how successful people think and act BE one of them!

Copyright – Kathy Baker – http://www.allinteractivesolutions.com –
You have permission to reprint this article on your website or in your e-zine as long as it is not edited in any way and you leave the Author Bio / Signature File / Resource Box below intact with this article.

Do you need an MBA to become an entrepreneur

Posted on May 6, 2018 by blogger

Recently I did an admission mock interview for MBA applicant who asked my help. At the end of the interview I gave the applicant an opportunity to ask me questions. One of the questions he asked was if entrepreneurship can be learned in business school.

I believe that entrepreneurial classes taken during an MBA at a premier business school who asked my help. will definitely add value to someone who has entrepreneurial spirit but lacks more formal analytical skills. In entrepreneurship classes students learn useful business concepts, create business plans, and acquire finance and marketing tools. Its just as important that they also learn how to analyze the viability of ideas.

Empirical research supports this conclusion as well. Researcher Donald Kurato (2004) argues that it is now definitively evident that entrepreneurship can be taught. Gorman, Hanlon, and King’s study (1997) states that –most of the empirical studies surveyed indicated that entrepreneurship can be taught, or at least encouraged, by entrepreneurship education.- The recent research paper -Toward Effective Education of Innovative Entrepreneurs in Small Business: Initial Results from a Survey of College Students and Graduates- made by Summit Consulting, LLC for the Small Business Administration (SBA) presented some interesting findings: -Graduates who have taken entrepreneurial courses are significantly more likely to select careers in entrepreneurship, which are defined as ever having founded, run, or been employed in a start-up or entrepreneurial team. -Graduates who have taken entrepreneurial courses are more innovative, as quantified by the number of patented innovations, new production processes, and new services and products generated by these students. For example, while only 18% of all participants in the entrepreneurship report offered new products or services to customers, 86% of those who also took an entrepreneurial course reported belonging to a team that offered new products or services. – Of all the entrepreneurial skill areas considered, -Developing a new entity to take advantage of new business-related opportunities- was the area in which the greatest difference can be seen in those who did and did not take an entrepreneurial course. Only 13% of respondents who had not taken an entrepreneurial course rated themselves as -extremely effective- in identifying new business-related opportunities, while 25% of respondents who had taken an entrepreneurial course rated themselves -extremely effective- in this skill area. -While business schools can definitely help you to hone your business skills and to become a better entrepreneur from an educational point of view, in my opinion many of them still don’t invest enough in encouraging their students to pursue the entrepreneurship path immediately after school. Instead, schools focus on channeling their students to more traditional corporate careers.

According to Summit Consulting, researched rates of entrepreneurship are highest among those with the greatest and least amounts of education:

42.1% of Ph.D.’s (only 0.5% of the population) become entrepreneurs-the largest percentage, while 37.3% of those with less than a high school education (11.6% of the population) become entrepreneurs, the second largest percentage. MBA programs MBA programs are not among the largest producers of entrepreneurs. If you look carefully at the career statistics released by business schools, the percentage of entrepreneurs who started their businesses following their MBA programs will often not be mentioned since the number is so insignificant as to be negligible. So what this means for you if you are targeting entrepreneurship after school? We believe that choosing the right school is the key.

According to Business Week’s Best Schools for Entrepreneurship section, you should be looking at the following factors when choosing schools:

–Does the program have institutional support? A great entrepreneurship program should have the backing of the university, from the president down. That ensures funding-important for still-developing programs-and facilitates interactions among the B-school and other parts of the university, such as the engineering school or the medical school.

-Who teaches the classes? You’ll want to be taught by faculty members who have experience both doing and teaching entrepreneurship. Academics with no street experience won’t be able to impart important real-world lessons. Also, remember that grizzled business vets may tell great stories, but that anecdotal evidence only goes so far. You should also look for depth and breadth in coursework.

-Does the school have a dedicated entrepreneurship center? If so, chances are you’ll have more resources and staff members to assist you in both course selection and career development. These centers often fill the void left by traditional career-services offices, which may or may not be able to help place MBAs who want to be entrepreneurs. Does the B-school have a business plan competition? Critics of such contests say the only thing they teach is how to win business plan competitions. That’s probably too harsh. Writing a plan is a valuable exercise for budding entrepreneurs. Plus, participating in-and especially winning-a competition gets you exposure to venture capitalists, who often serve as judges.

-What hands-on experience will you get? The best B-schools offer some combination of the following: opportunities to intern at local startup companies, ways to connect students with entrepreneur mentors, small business incubators, and access to capital from alumni or from the venture-capital community-.

We would also add one additional factor: how many students start their own business or join a start-up after getting their MBA.

Good luck and we look forward to hearing about your new business!

Stefanie Parks Director of Marketing ZoomInterviews.com

Market Street Funders Expands Access To Alternative Lending

Posted on April 27, 2018 by blogger

One hundred business owners walked into a bank. Eighty left empty handed.

Thanks not a joke. Its a stark reality of how the financing world works in 2015.

Traditional bank financing is a great tool for growing your business but we do not live in traditional times, and even as the American economy improves, access to this financing does not seem to be getting any easier. When traditional channels are no longer an option, the world of Alternative Lending is an excellent choice. These lenders offer competitively priced products, fast turnaround times, transparent terms, and require minimal documentation.

Market Street Funders offers a fast, free search for business owners to find business financing. MarketStreetFunders.com helps businesses identify the right type of capital needed and then matches them with lenders eager to work with the business. Lending options include:

Business Advance Short term working capital matched to future revenue. Repayment is made through small daily drafts. Requires the least amount of documentation and funds within days.

Business Loan Traditional loan product for larger amounts or longer terms. Simple interest loans with no prepayment penalty. Requires greater documentation and a slightly longer approval process.

Factoring Solutions Ideal for businesses with large purchase orders, invoices, or accounts receivables. Get paid immediately on invoices and purchase orders or turns accounts receivable into cash.

MarketStreetFunders.com was developed as a solution to the existing business financing search ritual, which many business owners find to be inefficient, while at the same time, rarely leading to the most competitive offer. Concurrently, traditional, bank-originated small business lending continues to be on the decline: the unmet demand is estimated at $80 to $120 billion per year.

The companys proprietary process leverages technology, deep industry knowledge and existing funder relationships to provide a fast, competitive and transparent growth solution for entrepreneurs. Most funding solutions will have a 3- to 18-month repayment period, with some loans up to $1,000,000 and 60-month repayment periods. Commissions are transparent and there are no origination fees.

Market Street Funders co-founder and CEO Tom Abel said, Today, when you want to buy a plane ticket, you dont call the airlines; you go to a search comparison site like Kayak or Expedia to find the best price. Market Street Funders provides the same kind of one-stop shopping for business loans and funding. Within hours of completing an application, business owners can compare financing offers side by side.

There are minimum qualifications to apply. A business must be at least six months old and have $8,000 in monthly sales. The online application requires some documentation; typically a few months bank statements. Approval and pricing are based on the strength of a business, cash flows, predictable revenue streams, historical performance, and other common sense factors. Funding solutions can be tailored for a variety of purposes, including inventory and purchasing, working capital, marketing, expansion, renovations and repairs, and hiring.

Co-founder and COO Erik Williams added, As entrepreneurs ourselves, we have first-hand knowledge of a sometimes untapped business culture of ingenuity and innovation. Our singular mission is to match entrepreneurial passion with the capital necessary to fuel it and make the process simple.

Prior to founding Market Street Funders Tom Abel was the Chief Operating Officer of Swift Capital, a recognized leader in the alternative lending industry? He also served as Executive Vice President and Director of Small Business Banking at MBNA America and later Bank of America. Abel is a small business owner, entrepreneur, and stakeholder in several early stage ventures.

The Importance Of Role Models For Entrepreneurs

Posted on April 23, 2018 by blogger

Do you think you have the capability to become an entrepreneur? There are lots of successful entrepreneurs present in this world today. It is very important to find the right kind of qualities that are required to become successful in this field.

Some people try to begin from the scratch but it is quite difficult to reach the top fast in this way. This is the reason why the young generations of entrepreneurs try to model their behavior on people who have already achieved success in this field.

There are various role models for entrepreneurs. It is very important to choose the right kind of model. When you hear of a role model the first thought that comes to your mind is of people who have reached heights are very popular all over the world.

These people too surely had their own role model who they used to follow. A role model is actually meant for following. Your model can also be a person who belongs to your family or even or your friend circle.

The person might not be well known and popular all over the world but he has made something for himself. You can look for such people in your family. If you have someone very close to you who has already made it to the top then you can even get good suggestion as well as tips from the person.

You must understand the importance of the role models. They will help you learn how to become a successful entrepreneur. The most important thing that entrepreneurs must have is the will to win.

The entrepreneur role models usually help the budding entrepreneur to learn about the various qualities that are necessary to become successful and reach the top. One of the things that you need to find out is the common trait between all the successful owners.

You must always remember that owning and managing a company is not too easy. You need to have enough guts to take proper decisions and also be ready to tae risks. Role models for entrepreneurs might differ from one person to the other but the characteristic traits of these successful people usually remain the same.

You need to follow these traits. People who are successful as entrepreneur are always good leaders. So you must also make sure that you become a good leader and mange your team in the best possible way.

Team work is very important because you alone cannot take your company to the top, you will need help from the employees. This is the reason why you also need to learn how successful entrepreneurs deal with their employees. This is why role models are so much essential.

Brian Meshkin Talented Entrepreneur & Passionate Community Activist

Posted on April 17, 2018 by blogger

Brian Meshkin graduated from Glenelg High School in 1994, and went on to University of Maryland, College Park, where he began a course of study that would make him arguably one of America’s most impressive young entrepreneurs. After just three years of study there, including Advanced Placement classes, he obtained his Bachelors Degree in Government and Politics and General Business in 1997.

He went on to serve as a Sales Representative for Ortho-McNeil Pharmaceuticals; co-founded with his brother, and was the co-CEO of, Surfbuzz.com; served as a Group Manager and Associate Director of Marketing at Prometheus Laboratories, Inc., and was founding President of nutrigenomics company Salugen, Inc., just to name a few accomplishments. He is also a former adjunct Professor of Entrepreneurship at Howard County Community College, and former Independent Consultant and Investor at Meshkin Ventures. In December 2009, he founded his own Personalized Pain Medicine lab, Proove Biosciences, Inc., and is currently the President.

In December 2010 he took on another venture very different than his usual and ran for Howard County Board of Education. He was the youngest person, and first Asian-American, to ever be elected. Despite this particular venture being seemingly out of his ordinary course of business, the cause is near to his heart, as he grew up in Western Howard County and still lives there with his wife and their three children. His passion for community service began at a very young age, just thirteen when a schoolmate and friend on a bicycle was killed in front of his home after being struck by a vehicle while not wearing a helmet. He took the initiative and led a student movement to getting the United State’s first Child Bicycle Helmet Law implemented. He went on to have over three hundred similar laws passed.

Brian Meshkin is a very driven, savvy entrepreneur with over ten years experience of introducing new technology to the health care industry and researching the benefits of personalized medicine. He has won numerous awards and has authored fifteen publications. Furthermore, he is an enthusiastic and respected pillar of his community, using his elected position on the Howard County Board of Education to expand digital learning and emphasize personalized education.