These business beliefs from successful people are ideas that anybody can apply to their business to improve their practice. Compiled by Entrepreneur, these practices are not your typical ones but they surely are effective.
1) Everybody can succeed
“The point is this: When seen through the lens of technology, few resources are truly scarce; they’re mainly inaccessible [at this very moment.]” – Peter Diamandis, in Abundance: The Future Is Better Than You Think
Don’t fear getting closed out and don’t fear your competition. “The most productive people have an ’abundance mentality.’ They know there are enough resources and opportunities for everyone to thrive.” This is because successful people realize that those who work hard will succeed in their own right. There is enough room for everybody to succeed merely because so many people just give up trying. Don’t give up. Think bigger and realize there are unlimited possibilities in your life.
2) Love being wrong
“[Being truly open-minded] demands that you get over your ego-driven desire to have whatever answer you happen to have in your head be right. Instead, you need to actively question all of your opinions and seek out the reasoning behind alternative points of view.” – Ray Dalio, billionaire founder of Bridgewater Associates
You have to appreciate the problems and mistakes in your life because those are how you learn. “Anybody who takes too much pride in being right will miss out on opportunities to learn something new.” This is because they are missing out on the valuable lessons you learn during mistakes. These may sometimes be the harshest, but they are also oftentimes the most effective lessons you need to learn. Love being wrong because of what you learn from being wrong. Don’t resent it.
3) Value yourself
“Set the standard! Stop expecting others to show you love, acceptance, commitment, and respect when you don’t even show that to yourself.” – Steve Maraboli, bestselling author and behavioral science academic
Here’s the bottom line with valuing yourself: you have to love and respect yourself before you can expect anybody else to value you. You don’t have to be self-deprecating in order to be successful. “Depleting yourself will prevent you from serving others at all.” So, you see, it is quite the opposite. Value yourself and remember your importance so that others can see it as well.
4) Be specific
“Winners make a habit of manufacturing their own positive expectations in advance of the event.” – Brian Tracy, bestselling author and entrepreneur
What this means is that you need to be specific about what you want to achieve before you can achieve it… and then you need to dedicate yourself to that path. “High achievers clearly envision their ’success paths.’ Other people stress about contingency planning and ‘escape routes.’” This will get you nowhere. You need to use your energies to be productive and think about your goals – otherwise, you’ll be focusing on your contingency plan and that will become your plan.
5) Less is more
“Being busy is a form of laziness – lazy thinking and indiscriminate action.” – Tim Ferriss, bestselling author of The 4-Hour Workweek