3 Behaviors that Can Lead to Business Failure


graduation-quotes-1In his book, “Taking People With You,” David Novak, CEO of Yum brands states, “To see above and far we need to climb on top of the shoulders of an elephant.” Implying that as business owners we need to examine what the leaders in our industry are doing to excel, borrow those ideas that fit into our business philosophies and then make them our own. Most importantly, we need to acknowledge those from whom we’ve borrowed the ideas. However, my experience has revealed that there are small business owners who do the exact opposite. They identify a business they admire and just keep taking their ideas less of authenticity. I guess that’s their way of surviving. However, it is shortsightedness to think that trying so hard to be like others will help one excel. 

To illustrate this further, below are 3 behaviors that can lead to business failure.

1. Ruthless Imitation of Others

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We are all unique and special with our own skills, experiences, and knowledge intended to help us progress in life and in business. Every experience we go through gives us a wealth of ideas and lessons we can base on to design services and/or products for the world. All prominent problems in one’s life are nuggets of wealth that can be transformed into solutions for others. Imitating others takes away from our authenticity and its positives. 

2. Greed

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“Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.” ~Eric Fromm

 

Greed is a sign of fear and a scarcity mentality. If one believes in their self-worth, they know that there’s enough to go around for everyone. It is okay to progress to get on top of one’s game, but it is draining to want more every time, without stopping to articulate what has been done, and/or how it can be improved. Furthermore, the only positive greed is for one to be greedy for releasing as much emotional, mental, energetic and spiritual baggage that could hold them back from achieving their goals. 

“As long as there is more greed than compassion, there will always be suffering.” ~ Rusty Eric

3. Impersonation.

These are business owners who lie about their qualifications and/or skills to appear superior. The point is, when a business owner lies about what they do, they have lied more to themselves than to the world. Sooner than later, the world will find out who and what they really are. Also, the important questions are, how can one build character if they are basing it on other people’s characters? How can a mango be a better mango if it is always trying to be an orange?

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When we as business owners are inauthentic, it implies that we do not have self-belief. We have low self-esteem and believe that who we are, our qualifications and skills are not good enough to influence others. However, impersonation takes a lot more energy than authenticity.  

When I first started out as a coach, I attended many seminars and read many books about self-development and life coaching. However, I still felt incompetent to originate my own ideas. So, my mentor got me to attend seminars on self-esteem and confidence. The information I gained from these seminars helped me build more confidence in my authenticity. And although sometimes I hold back from offering a new product or service to my target audience, I have learned that success is taking action despite doubt… despite fear. Therefore, it is vital to remember that running a business takes more than just wanting it. For us to succeed in business we have to be willing to do business with our mindsets consistently. We have to do the inner work in order to believe in who we are and what we have to offer to the world. And although it is okay to benchmark and/or work extremely hard in our businesses, it is more sustainable and healthy when we consider ourselves first: when we deal with our inner fears and especially how we feel about ourselves. Considering that we never offer what we want to the world, at least not consistently: we offer who we are. 

“For us to succeed in business we have to be willing to do business with our mindsets consistently.”

http://www.tapthegood.com

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3 Psychological techniques to Achieve Consistent Business Success


Are you a business owner?

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Do you find yourself struggling with making progress for yourself, and/or business?

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The problem might be that you are not considering the most important asset of your business; YOU.

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Many business people focus so much on the techniques and strategies to run their businesses but ignore the most important asset…themselves. Jim Rohn indicated that success for any project is based on 80% psychology, and 20% technique. Psychology is about how our minds work.

Have you ever found yourself having all the resources you need such as time, money, and other assets to get started on a project yet for some reason fail to start? That has everything to do with your psychology: how your mind works, why, when and how you make decisions—among other things.

Below are three tips to consider in order to include yourself in your business, and I mean inclusion of the self–to emphasize.

1. Examine your thought process. What do you think about yourself? What do you think about your business? Why are you pursuing that business in the first place? If you were on sale in a market place, would you buy yourself?

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2. Examine how, when and why you make decisions. What inspires you to make decision?

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3. Identify your fears. Take some time to contemplate on your fears. What are you afraid of? Why are you afraid? Do you have evidence to support your fears? What are you basing your fears on? For instance, if you are afraid that your business might not succeed, what are you basing this fear on? What happened in the past that has got you to this mental state? Are you taking action? If not why?

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If you take time to contemplate on the preceding issues, I guarantee that you will discover a few things about yourself that you might want to change or upgrade.

I also recommend that you get my book, Communicating Your Way to Success; Master the Art of Persuasion, Increase Sales, and Stand Out from the Crowd. The book shares an entire detailed interactive chapter about selling yourself to you. In this chapter, the above tips are elaborated on, and more.

Interested in personalized personal/business coaching? Visit my website at http://www.tapthegood.com and sign up for a complimentary 15 mins’ discovery session.

Remember, nothing happens if nothing moves. Take the step to consider yourself as an important asset to you, your family and business which is when consistent success will become inevitable.

Love and light

http://www.tapthegood.com

What if this is it? 3 Steps to go through the hardest times.


Are there times you’ve felt as if you’ve hit the dark wall? Times when you’ve tried everything and nothing seems to give you the results that you want?

In this video, I share three tips that will facilitate you with a few great ideas on how to go through hard times.

Link to video – https://youtu.be/bzNXg57cCRA

Love and light

Dr. Jacinta Mpalyenkana, Ph.D., MBA

Counselor, Author, Success Coach, Professional Speaker

http://www.tapthegood.com

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Three Steps to Become Enthusiastically Focused


So, let’s assume that you’ve determined what you want, and why you want it.  You have also established that you have all the practical and mental resources you need to execute the required tasks towards achieving your goal. However for some reason, you can’t focus. You are not inspired to take action. And you keep wondering what could be wrong. In this article I share three tips to help you become enthusiastically focused.

Well, you are not abnormal. For the most part, lack of focus is all based on fear: the fear to fail…the fear of being disappointed especially if you’ve embarked on projects in the past that haven’t succeeded. So what do you do? Here we go!

  1. Go back to the drawing board and establish why you want to achieve that goal. What will you emotionally or financially benefit if you achieved your goal? What will your rewards be? Be as specific as possible. Write it down. Read your reasons, and re-write them if that’s what it will take to be clear. Don’t rush. Take your time.

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2. Establish what you will lose if you don’t take action. Will you lose freedom, friends or status? You know the answers. Write these answers down. The idea is to be honest with yourself.

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3. Determine the first step you will take towards achieving your goal. Make this step simple and easy. The simpler it is, the better it will be for you to embark on it. For instance, if your goal is to write a book, set a goal as simple as writing half a page a day, or writing for 10 minutes. Make the first step fun and easy. Do not overwhelm yourself.

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If you follow the above steps, you will get very clear about why you want to achieve that goal, and then get focused to taking action. If you write everything in a “contemplation note-book” (get one if you don’t already), focus, won’t be a problem. The idea is to remove any stress or fear that you’ve attached to your goal.

Last but not least; I once heard this saying: “God will give you food but he won’t cook it for you.” If you want something, you have to do something about it. You have to focus on it. There are no shortcuts. There is no magic. Nothing happens if nothing moves.

If you need more help with getting clear on your goals, or letting go of negative emotions that no longer serve you, I have a resource for you. Check out www.tapthegood.com/contacts/ fill in your details, and I will schedule you for a complimentary 15 minutes’ counseling and/or success coaching session.

Love and Light

Dr. Jacinta Mpalyenkana, Ph.D, MBA

Author, Counselor, Success Coach, Professional Speaker

http://www.tapthegood.com

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4 Psychologically Proven Ways to Manage Your Time


“The two most powerful warriors are patience and time”
Tolstoy

  • We all have 24 hours in a day. However, it is amazing how others have been able to achieve more and others less. In this article I share 4 psychologically proven ways to help you manage your time more efficiently.
  • Identify areas of your life where you are wasting time and try to reduce these. A good way to do this is to log everything you do for a week in meticulous detail and then examine your record to see how you use (or misuse) your time.waste-time
  • Develop a regular work routine. Keep your work space tidy so that you can work efficiently – it’s hard to do this if things you need to find are buried under a pile of papers.Neat-and-Organized-Work-Desk-700x466
  • Work to schedule so that you meet deadlines in good time; don’t leave everything until the last minute

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  • Use a time log

One useful way to eliminate wasted time is to use a time log. First you need to make up a chart for the next seven days divided into half hour intervals starting at the time you get up and finishing at the time you go to bed. Write down what you did in each half hour of the day for the next seven days. Choose a typical week.

At the end of the week examine your time log and ask yourself the following questions:

  • Are there any periods that I could use more productively?
  • At what time of day do I do my most effective work? Some people are most alert in the morning, whilst others concentrate best during the afternoon or evening. Schedule your most important tasks for these times of day.

If you have followed the above tips, by now you should be able to identify ways in which you could manage your time more efficiently.

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To access more valuable free resources on how to manage your time more effectively, please subscribe to our blog, and join our face book page at https://www.facebook.com/groups/135779656849289/

If you want to take this even further, check out my website at www.tapthegood.com/contact/, fill in the details, and I will schedule a 15 minutes complimentary session to get you started on how to live life on your terms.

Love and light

Dr. Jacinta Mpalyenkana, Ph.D, MBA

Counselor, Author, Professional Speaker, Success Coach

http://www.tapthegood.com

The Simplest Way to Connect to a Customer


In this video, I share a simple tip to help you connect to your prospects.

Link to video – https://youtu.be/GxVmoeNgU7c

To learn more about the Art of Persuasion and Business Influence, check out my book – Communicating Your Way to Success:

Link to book is: http://www.amazon.com/Communicating-Your-Way-Success-Persuasion-ebook/dp/B0151Y8CCM

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Love and light

Dr. Jacinta Mpalyenkana, Ph.D, MBA
http://www.tapthegood.com

 

3 Common Fatal Mistakes that Kill Businesses


According to a recent study by the American Marketing Association, 3% of any business’s ideal customers is ready to buy. The remaining 97% have other issues that I will explain in my next article. In this article, I will explain the 3 common fatal mistakes that kill businesses.

  1. Based on the proceeding, most businesses strategize and focus all their attention on the 3% of their ideal customers, who are ready to buy. Focusing on this percentage of your ideal customers creates a fatal competitive environment that could cost you time, and especially money. Competing for the 3% is the most common reason for price wars—which consequently creates profit losses.Un healthy competition
  2. The inability to communicate and connect to the ideal customer.

Most business owners have a perfect product, service or idea, but lack the skills to communicate in a way that will captivate their customer’s attention. Communicating in a captivating manner is a skill that requires expertise and focus to master.Poor communication

  1. Procrastination and low inner drive to take action will kill any business.Procrastination

The dilemma is to find the perfect solutions to either avoid, or resolve the above fatal mistakes.

The book – Communicating Your Way to Success: Master the Art of Persuasion, Positively Influence Others, Increase Sales, and Stand Out in the Crowd, goes into depth in explaining practical processes to connect to the ideal customer. Furthermore, the author offers interactive simplified processes of how to identify the ideal customer, and especially how to use mind triggers to communicate and turn more leads into loyal customers.

Get your copy today from any of these links:

Paper back – http://www.amazon.com/Communicating-Your-Way-Success-Persuasion/dp/1515179087/

Kindle – http://www.amazon.com/Communicating-Your-Way-Success-Persuasion-ebook/dp/B0151Y8CCM/

Website – www.tapthegood.com/books/

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Love and light

Dr. Jacinta Mpalyenkana, Ph.D, MBA

Author, Success Coach, Counselor

http://www.tapthegood.com