The 7 Critical Elements to Success

October 23, 2010 at 2:03 pm Leave a comment

Many times success is accomplished by using the old addage “try, try again”.  Although we do learn something about our abilities this way, it is not the quickest road to success.  You can circumvent a lot of effort and time by reviewing Rich Schefren’s success elements to see if you are doomed to fail, or if you are bound for success.
In the internet based article, “The Internet Business Manifesto” by Rich Schefren * Schefren states that there are seven critical elements to success.  If any of these are lacking from your plan, you cannot be successful.  If you are thinking about doing a website or starting any business, knowing your abilities and limits is key.  It is critical to realize that even successful entrepeneurs do not handle all thier business matters by themself.  They must get help from others.    Figure out which ones below you are good at or have access to and which ones you are not:
  1. Vision – a picture of what your business would look like
  2. Strength -your natural, innate talent or skill by training
  3. Passion – what you deeply care about - this is the fuel that drives you
  4. Resources - companies or people you can rely upon to do some of the work for your business
  5. Alliance Partners - companies in a similar line of business that increase your available customers
  6. Powerful Tactics - marketing strategies
  7. Action Plan - a logical business plan
In an earlier email I sent, I mentioned your passions are what drive you.  You can do something you enjoy and you should do something you enjoy!  You must have a vision for your business, be in a field you are passionate about and your business must be built upon a core strength that you possess.  If you are missing one of these, you need to find something that better suits you.  After having those three, the most common downfall is not using resources, alliance partners and powerful marketing tactics.  Which one of these are you lacking?  Who could help you?
* www.strategicprofits.com
~ Brought to you by Judy Broyles, Fairview Home Inspections
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Entry filed under: Articles of Interest, Networking Tips, Training. Tags: .

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