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Wednesday, March 9, 2011

A Detailed Mental Picture: The Secret to Acing a Venture

To achieve success in business, one must have a mental picture - a detailed mental picture - of the venture taken on.

Every company wants to outshine their competitors. It’s always a race to the top in business. That’s the big picture you want to capture as an entrepreneur. But before you can take that shot, you must learn to outdo your company’s achievement’s first. You do this by elevating the risk you take each time – but just because they’re risks doesn’t mean you let fate take control – No – You take control. Know which risks are worth taking. Not every battle, won or lost, brings a soldier to glory. Knowing how to cal

 Another huge element that factors success is goal setting.  Set goals that are achievable at the time you want them achieved, and make sure each short term goal leads to the materialization of your long term vision.

As an entrepreneur, it’s important to know your weakness, and more often than not that weakness is addressed by adding manpower. Invest on people who have the skill set needed for a particular task involved in your business. As the company grows, so is the number of tasks. By hiring people fit for the job, you don’t only provide jobs, but you increase your business’ productivity as well.

Lastly, know, have, and utilize the right tools. One of the effective and innovative business ideas that propelled this generation's top entrepreneurs (think Mark Zuckerberg, the creator of Facebook) to where they are right now is harnessing the gift of technology while still incorporating it with established business principles to deliver what their client base needs and over-deliver to their expectations.

It’s hard enough doing things for yourself, on your own – what more in business? (Regardless if its products or services it offers) where you cater to other people’s needs? No matter how great you are at what you do, you need help. Productivity is a key to success. Being productive doesn’t just mean coming up with results. Yes, quantity is a big element, but so is the quality. You certainly know “why” you need results – but quality emerges when you have a clear picture of what you want to achieve, and how you want to achieve it and what, when, and who do you need to achieve it.

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