8 Critical Success Factors You Need To Succeed

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According to an interview realized by none other than Michael Jeffreys, there are 8 things one should know and must do in order to have a successful business. He has done a research amongst some of the most prosperous people in the world and synthesized the 8 most important factors for success, common for all of them. I don’t remember word by word these factors, but I am pretty sure I got the idea, so here they are for you. This is one really great and motivating article, so take the time to read it, you won’t regret it!

How to Be Successful – Critical Success Factors

1. Be responsible

Once you accept being the victim of society, you are condemning every initiative you take on to failure. It is very easy to claim no responsibility for your actions and the state you are in. Being a victim means being defeated. Do not be defeated, do not act like a victim! The government, the family, taxes and the old lady you donated to last year are not responsible for your current situation. Take control and responsibility over what you do!

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2. Always have a goal

Being an entrepreneur means being a thinker. One cannot have a successful business without innovations and ideas. Be the best with new tasks and keep in mind that motivation is what defines success. Keeping your eye on the goal is the best way to achieve this. The ones who lack this are just wasting away time, money and precious mind power.


How to Be Successful

How to Be Successful (Img: Sxc.hu)

3. Nothing good is free of charge

at least when it is about quality. When you want to have a great business, you need a great service and great employees. Be ready to pay a great price for this. Nothing comes free of charge except when it comes to low quality items that will probably bring misfortune rather than work for you. This is also a main economic law – in an efficient market, quality is never under priced! Never! No free lunch…

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4. Focus! Focus! And Focus!

The everyday life of a businessman is filled with many tasks starting from dozens of phone calls, continuing to emails, office meetings, outside meetings, employees asking for their employer’s time for what and whatnot. There is also the personal life of the entrepreneur and with this, the challenge becomes huge. What the challenge is? It is staying focused entirely on the future, of your future and your business. What would’ve happened to J.K.Rowling, the author of Harry Potter, if she had given up after the years of declines she received from publishers and agents alike? The same goes for none other than “Chicken Soup for the Soul” – Jack Canfield and Mark Hanson who, without giving up and always keeping their eyes on the goal, were giving tens of interviews per week just to get enough attention so that, hopefully, someone would decide to take in their work. The work that became a worldwide bestseller.

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