News Update 196
22-04-2022 News Update 196
Hello, Calvin here again.
SELF-BELIEF is a character trait any entrepreneur must have to experience sustained success in their business. Yet many people overlook it.
When the question is asked: What are the qualities I need to be successful in my business, you will find that many of the experts will list the following: leadership, persistence, innovative, self-motivated and highly skilled. Yet many overlook , the fact that you need to have loads and loads of SELF-BELIEF.
Why is this? Because that is your “staying-power”. It is that part of you that simply won’t give up when others in business will throw in the towel when things go pear-shaped. Instead of saying “what have I learned; what can I do differently next time” , they say “ I should never have started in the first place”.
The SELF-BELIEF ENTREPPRENEUR will start a new business again and go on to be successful, while the BLAME-OTHERS ENTREPRENEUR will never
start again. Bitterness and resentfulness will forever haunt them.
Without self-belief, you run the risk of losing your instinct as an entrepreneur to adapt to the changes around you. And even worse…you run into the temptation to become dishonest when things go pear-shaped. Many owners will then ”take from Peter to pay Paul” or “cook the books” or other devious accounting practices. This is proof that they lack self-belief and cannot adapt to changing market trends or economic uncertainties.
I was able to recognize the importance of having this quality of self-belief in my life when my own business went pear-shaped during the Covid lockdown early 2020.
I had to adapt very quickly to continue making the profits I was used to making in 2019.
I was humble enough to face the facts and make the necessary short-term changes and claw my way back to success. I am still not entirely “out of the woods” but I have concrete business opportunities ahead of me this year as I had to focus more on doing business online.
This meant that I had to improve my website building skills and introduce eCommerce as a business offer at low prices because many people started shopping online in greater numbers.
I constantly communicate about personal development qualities, because the fact is that you can always equate successful businesses to the personal character traits that its owners display over a long period of time.
Therefore, it is essential that you also start acquiring these same qualities to guarantee success, not only in your business, but in your personal life as well……and self-belief is so important as we will always face new challenges.
View my personal development site:
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Well, friends, that’s all from me for today, have an great week!
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