Yesterday I had one of those epiphany moments you hear about.
Someone shared my article on Facebook and described me in a way I hadn’t previously viewed myself. It was interesting because sometimes it’s hard to know how others perceive you. Then there’s that potential gap between others’ perception of you and self-perception.
In this case, there was definitely a perception gap, and I think it’s a good thing.
Here’s what the person shared on their Facebook page:
Am I a successful entrepreneur?
What caught my eye was her description of me as a successful entrepreneur.
Until now, I haven’t fancied myself as such. But I shouldn’t be so hard on myself because:
- Most people never make it beyond the, “I have a great idea” phase.
- Most people never launch a product.
- Most people don’t get into tech accelerators.
- And most people certainly don’t raise not one, but two rounds of investment capital.
This is not bragging, these are facts.
So, yeah, I accept her description of me. I AM a successful entrepreneur!
And if people like Oprah are right, and there is POWER when you start any sentence with, “I am,” this can only be a good thing.
Success for any business
Now, I’m not delusional about what a successful business looks like for me or my investors. My business has a fundamental customer acquisition issue that must be resolved.
If you follow this blog, you know my goal is to have an exit of $50 million in the next few years, which would obviously be incredible for my investors and me (and my family). But it may or may not happen exactly that way. But I’d still follow my instincts and work according to the core values of my business.
I can only say that any business that wishes to succeed must have strong core values. But What are Core Values?? The vision, mission, and principles of the organization are clearly stated in the core values. As a result, everyone is united around a guiding philosophy to serve employees, customers, and the larger community. The values of the company may assist employees in understanding what the company stands for. When your basic values are clearly communicated to your employees, they are more likely to make sound decisions that are in line with the company’s vision and goals. Besides this, in today’s world, a business can only succeed if it adapts to technological changes. A business needs to synchronize its mission vision and goals with the changing technology to keep pace with the latest trends.
For instance, if the mission of a plumbing business is to generate more revenue by offering reliable services to the customer, then it has to adapt to the digital world. Reaching customers can be tougher than it was earlier because clients would not even know the existence of a plumbing company if there is no website. Word of mouth is still valid and credible, but a legit digital presence is needed in order to allow the customers to see what the business does and how good it is at the task. That is why having a website for a plumbing business (you can check out the examples of these website designs) or any business for that matter is crucial to being successful.
Apart from all of this, the success of your business is also determined by your profits, investments, expenditure, and taxes, that is, business accounting. It is critical to note that no business can thrive if the accounting department fails to keep records and show the business’s progress at all times. And when it comes to business tax, there are regulations that a company or business must follow in each state, and a business accountant becomes essential when complying with federal and state authorities. Since tax laws change from time to time, tax accounting is essential because it ensures that your company is always compliant. With so many businesses failing and some getting into legal trouble, it has become critical for businesses to invest a little more in accounting.
Another thing that you may want to do to make your business reach its full potential is to keep your company’s data safe in any way possible. When you hire your employees, you should be aware of the scenarios that could result in your business data being leaked if, in any case, they need to work from home or remotely. You may need to take precautions to ensure that this does not occur. For example, you could use audit mobile apps security platforms to help your employees, who do a lot of their work on their mobile phones, avoid losing data. Apart from that, you could install an antivirus on their laptops and take steps to limit access to your most valuable data. The reason you might want to take these precautions is that, depending on the type of data involved, the consequences could include the destruction or corruption of databases, the leakage of confidential information, and the theft of intellectual property, all of which could lead to a loss of client trust. A company that is determined to succeed would most likely prioritize data privacy and security the most.
Living on purpose
Another great revelation for me is this: I am truly living on purpose now.
I believe my purpose in life is to be a successful entrepreneur, which I’ve now claimed. And to inspire others to do the same.
Based on the comments I get about this blog, I am definitely inspiring others along their entrepreneurial journeys, and I’m pumped about it.
THIS is a very exciting realization.
And if what Wayne Dyer says is true, and now that I’ve changed my self-perception, great things are yet to come:
How do you define success? Based on that definition, do you consider yourself successful?
I can’t wait to read your answers.
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