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I have said in the past that there is no magic formula when it comes to being successful in
business but there are certain guiding principles that I have followed throughout the course of
my career. Not everyone gets what they want in life but if you work hard and keep trying then
some measure of success is bound to come your way. Here are a few of the personal rules I
have stuck with throughout my career in business and still follow to this day.
1. Application
No matter what people say true success does not come easily. Like everything in life, if you
really want something you are going to have to work for it and put in the time and effort. There
is nothing wrong with a little bit of hard work and everyone who has gone into business for
themselves will tell you it is one of the toughest things they have ever done in life.
2. Believe in yourself
There is no point in going into business for yourself if you do not have any confidence or self-
belief. When you set up your own company the only person you have to answer to is yourself
- which means confidence is vital. If you do not believe in yourself and your product or service,
then how can you get others to put their faith in you?
3. Be creative
If you want to be truly successful then you have to be prepared to stand out from the crowd.
Although I have always believed that an idea doesn't have to be brand new, the best
businesses will still have a strong USP that sets them apart from competitors. Creativity is
one of the most valuable qualities any person in the business world can have.
4. Be there first
It is a competitive world out there those who are not out of the traps quickly are the ones who
are going to get left behind. I have always believed in striking first. Once you have established
what the best course of action is, there is no point in being cautious because it will give your
competitors the chance to get in there before you and win that vital piece of work or contract.
5. Build a brand
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+ 2330
When I set up my first firm, the first thing I did was to go out and rent an office in the best part
of London, as an address in Mayfair is great to put on a business card. The actual room itself
was tiny and windowless, but nobody knew this as I arranged for meetings to take place away
from the office. When it comes to doing business, building a brand and a good reputation is
vital. Once you have done this, you will find things a lot easier, as most of us prefer to deal
with people or companies that are recognised and trusted.
6. Seek advice
It is impossible to be an expert in every field and there is nothing wrong with seeking advice
when you are struggling. When you are starting out in business it can be great to speak to
someone who has years of experience behind them. If you ask for help you will usually find
that people are more than happy to give their time and their expertise.
7. Get organised
Running a successful business can be very stressful and demanding and one of the most
important resources you will have is your time. If you want to get the most out of your working
day then you need to be properly organised and you also need to make sure you are not
wasting precious time on tasks that can always be delegated to someone else.
8. Dont run before you can walk
When you first start in business there is a tendency to grab every piece of work which comes
your way, which can be a potentially fatal mistake. First of all you need to make sure that
when you negotiate a contract there is a decent margin. Although you want to make your
mark, there is no point in taking on work that does not yield a worthwhile profit. More
importantly dont take on more work than you can manage. It is one of the most common
mistakes in business and can prove to be very costly.
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17/08/13 The Eight Rules of Success to Think About Every Morning | LinkedIn
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Todd N.Todd N.
Principal Engineer / Technology Lead at Pall CorporationPrincipal Engineer / Technology Lead at Pall Corporation
Thank you. Thank you. This one is going up on my wall.This one is going up on my wall.
J'aimeJ'aime RpondreRpondre il y a 23 minutesil y a 23 minutes
Tadepalli V.Tadepalli V.
Senior Manager at Punjab National BankSenior Manager at Punjab National Bank
Points 7 &8 are apt. One more important thing would be the people who work for you. In factPoints 7 &8 are apt. One more important thing would be the people who work for you. In fact
they are our biggest assets and play an important role in taking forward the business ,ofthey are our biggest assets and play an important role in taking forward the business ,of
course, with Ethics.course, with Ethics.
J'aimeJ'aime RpondreRpondre il y a 1 heureil y a 1 heure
Ogawa T.Ogawa T.
Chemical EngineerChemical Engineer
Very excellent summary to become successful in business. Very excellent summary to become successful in business. In relation Item No.7, we should tryIn relation Item No.7, we should try
to get "Effectiveness" instead of "Efficiency" of Time Management.to get "Effectiveness" instead of "Efficiency" of Time Management.
J'aimeJ'aime RpondreRpondre il y a 3 heuresil y a 3 heures
Peter M.Peter M.
Sales & Marketing ConsultantSales & Marketing Consultant
Simple stuff - but hard to actually put into practiceSimple stuff - but hard to actually put into practice
J'aimeJ'aime(1)(1) RpondreRpondre il y a 3 heuresil y a 3 heures
Madara M.Madara M.
Christelle D.Christelle D.
International Relocation Counselor at Plus Relocation ServicesInternational Relocation Counselor at Plus Relocation Services
Good advice. Thanks!Good advice. Thanks!
J'aimeJ'aime RpondreRpondre il y a 4 heuresil y a 4 heures
Jim L.Jim L.
Change Manager & Project ConsultantChange Manager & Project Consultant
So what Predictable.So what Predictable.
J'aimeJ'aime RpondreRpondre il y a 5 heuresil y a 5 heures
Fatemeh S.Fatemeh S.
assistant of schaduling at LG companyassistant of schaduling at LG company
Highly inspiring! Thank youHighly inspiring! Thank you
J'aimeJ'aime RpondreRpondre il y a 6 heuresil y a 6 heures
Kabir S.Kabir S.
C.E.O at KABEER SARUMI NIG.CO.LTDC.E.O at KABEER SARUMI NIG.CO.LTD
Excellent write up, informative, valuable and implement able. James , please keep it up.Excellent write up, informative, valuable and implement able. James , please keep it up.
J'aimeJ'aime RpondreRpondre il y a 7 heuresil y a 7 heures
MUHAMMAD SAJJAD K.MUHAMMAD SAJJAD K.
HEALTH & SAFETY COORDINATOR HEALTH & SAFETY COORDINATOR IN MADA NONWOVENS PLANTIN MADA NONWOVENS PLANT
Excellent best advice for all.Excellent best advice for all.
J'aimeJ'aime RpondreRpondre il y a 8 heuresil y a 8 heures
Roy Tan ..Roy Tan ..
Great pieces of advice to path to SUCCESS...Great pieces of advice to path to SUCCESS...
J'aimeJ'aime RpondreRpondre il y a 10 heuresil y a 10 heures
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Dr. Sudeb M.Dr. Sudeb M.
Technical Manager - Edward Food Research & Analysis Centre Ltd, KolkataTechnical Manager - Edward Food Research & Analysis Centre Ltd, Kolkata
Great things for a grow-upGreat things for a grow-up
J'aimeJ'aime RpondreRpondre il y a 10 heuresil y a 10 heures
Debi O.Debi O.
Real Estate AssistantReal Estate Assistant
#1111111111 #1111111111 LEARM TO SPELL !!!!!!!!!!!!!LEARM TO SPELL !!!!!!!!!!!!!
J'aimeJ'aime RpondreRpondre il y a 10 heuresil y a 10 heures
Miguel Blas F.Miguel Blas F.
Executive Officer & Consultant Assoc at GLOBAL CAPITAL GCExecutive Officer & Consultant Assoc at GLOBAL CAPITAL GC
Assoc Consultant - Financial Market / Brazil Very interesting and importan key points to followAssoc Consultant - Financial Market / Brazil Very interesting and importan key points to follow
and practice on a dailly basis. All of them are key-issues to a well succeeded professional andand practice on a dailly basis. All of them are key-issues to a well succeeded professional and
personal life.personal life.
J'aimeJ'aime RpondreRpondre il y a 11 heuresil y a 11 heures
Prabakar N.Prabakar N.
marketing at axis bsnkmarketing at axis bsnk
I always follows those all 8 I always follows those all 8 even though I struggling in my business even though I struggling in my business . . anyway I am going forwardanyway I am going forward
to success in my life to success in my life thanks for all 8 thanks for all 8 . . prabakar prabakar axis bank home loan in Chennai indiaaxis bank home loan in Chennai india
J'aimeJ'aime RpondreRpondre il y a 11 heuresil y a 11 heures
Arif A.Arif A.
Senior Sales Officer at Bajaj Allianz General Insurance Co. Ltd.Senior Sales Officer at Bajaj Allianz General Insurance Co. Ltd.
Great things for a grow-up.Great things for a grow-up.
J'aimeJ'aime RpondreRpondre il y a 11 heuresil y a 11 heures
Pat C.Pat C.
Senior Mortgage Loan Officer at The Equitable BankSenior Mortgage Loan Officer at The Equitable Bank
Number 2and number 8 are excellent, it's hard to do anything if you do 't believe in yourself andNumber 2and number 8 are excellent, it's hard to do anything if you do 't believe in yourself and
sometimes you have to say no to a client.sometimes you have to say no to a client.
J'aimeJ'aime RpondreRpondre il y a 12 heuresil y a 12 heures
Mary N.Mary N.
Real Estate Broker at Mary Ngati Real Estate PAReal Estate Broker at Mary Ngati Real Estate PA
Great article and advise.Great article and advise.
J'aimeJ'aime RpondreRpondre il y a 12 heuresil y a 12 heures
OGBOJI V.OGBOJI V.
Frontline Transaction Risk Officer at Stanbic BankFrontline Transaction Risk Officer at Stanbic Bank
Excellent piece of article. I benefited alot . Thank you JamesExcellent piece of article. I benefited alot . Thank you James
J'aimeJ'aime RpondreRpondre il y a 14 heuresil y a 14 heures
Dr. Ramtin K.Dr. Ramtin K.
Facial Plastic and Cosmetic Surgeon, ENT surgeon, Sleep SpecialistFacial Plastic and Cosmetic Surgeon, ENT surgeon, Sleep Specialist
Regarding #7, Effectiveness=doing the right things, so our team spends a few minutes at daysRegarding #7, Effectiveness=doing the right things, so our team spends a few minutes at days
end preparing a top 6 list of priorities that have be done by the next day at 11 am. end preparing a top 6 list of priorities that have be done by the next day at 11 am. Tasks areTasks are
prioritized according to urgency and impact as they relate to short and long term goals.prioritized according to urgency and impact as they relate to short and long term goals.
J'aimeJ'aime RpondreRpondre il y a 14 heuresil y a 14 heures
madan G.madan G.
To Increase Sale To Increase Sale , Productivity & Profitability of a Declining Company, Productivity & Profitability of a Declining Company
james james well well done done and and appreciaciate appreciaciate that that we we should should not not run run before before walking. walking. too too much much hurryhurry
sometimes sometimes kills kills business. mlgupta business. mlgupta a a worldwide worldwide management management consultant consultant at at pune pune india india presentlypresently
at at atlanta atlanta usausa
J'aimeJ'aime RpondreRpondre il y a 16 heuresil y a 16 heures
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