Saturday, 23 June 2007

Psychology of Success

Successful people have the habit of doing things failures don't like to do. They don't like doing them either, but their disliking is put into second place to the strength of their purpose.

Successful people seem to do things in a different way from the unsuccessful. Success breeds success, and certainly attitude is a key part of the secret of success.

All successful entrepreneurs have a number of attributes in common, none of which is at all magical.

The Harvard Business Review published an excellent study of entrepreneurial qualities by Geoffrey A Timmons. He came up with nine such assets - how do you score on them...?:

  1. A high level of drive and energy.

  2. Enough self-confidence to take carefully calculated, moderate risks.

  3. A clear idea of money as a way of keeping score and as a means of generating more money.

  4. The ability to get other people to work with you and for you productively.

  5. High but realistic, achievable goals.

  6. Belief that you can control your own destiny.

  7. Readiness to learn from your own mistakes and failures.

  8. A long-term vision of the future of your business.

  9. Intense competitive urge, with self-imposed standards.

For you, which area is your weakness? What are you going to do about it?

You can read more in an article just published at businesszone. The link can also be found at The Directors' Centre website.

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