Success Factors for Personal Growth to Achieve Your Best Life-2

4.       Money:

Success Is not measured only by Money And 'Stuff' Believe it or not, much of the potential for success in your small business depends various other factors. But when it comes to defining success, the business magnate says wealth has nothing to do with it. "Too many people measure how successful they are by how much money they make or the people that they associate with," Branson wrote on.  You can business is your baby, and cash is the food your baby needs to survive and eventually grow and mature. If you can't provide your baby with what it needs, then why are you creating it in the first place? Set your business up for success before it exists.  Certainly, to set up a new business, you need a money for initial investment.  Many people wonder whether it is possible to start a business with no money. In most cases, a person does have to spend at least some cash to get a business started, even if the only money he spends is on a business license. Many entrepreneurs also find that success comes easier when they have money to invest in their businesses. Without it, securing the supplies and equipment they need and tackling unexpected expenses can be difficult.  Money plays a significant role in starting a business. In most cases, entrepreneurs find it necessary to make at least a small monetary investment in starting their businesses. Although there are ways to start a business with little money, a business person is usually required to at least obtain a business license, for which a fee is charged. Even if a person finds a way to start a business without spending any money, it is likely that he will eventually have to invest in it to help it grow and thrive.  In many cases, a new business owner will have to make a significant investment to get his business started. However, this monetary investment may not be a one-shot deal. Often, business owners also need additional money on hand to help them maintain their new businesses while they work toward attracting customers and earning a profit. In some cases, it takes months or years to get enough paying customers to allow a business to run on just the income it generates instead of needing additional investments from its owner.

Many people who are just starting out in business are under the wrong assumption that they will only need money to buy startup supplies and advertise their businesses. However, many other expenses go along with starting a business. For example, a person may have to pay for business licenses and special permits to operate his business.  Credit can be just as important as money when it comes to starting a business. If a person has good credit, he may qualify for a loan to cover his business startup expenses. If his credit is poor, covering a larger than expected order or handling higher than projected startup costs may prove more difficult. 

A businessman needs money to do to start  new business:

a)    Get over the company-name thing.

b)    Get your Employer Identification number or EPF number.

c)    Register your trade name.

d)    Get a Labor licence.

e)    Get your business license. ...

a)    Ask your locality about other permits. ...

b)    Get a business bank account.

c)    Get land or building hired or purchased.

d)    Get Machinery or equipment for business.

e)    Get electric equipment or power supply installation.

5.       Good Work Habits:

Every entrepreneur or businessman needs to keep a good working habits for the business success.  Intrinsic values of human being are very much important, to be successful in personal and business life. Good working habits includes :

1)    Punctual.

2)    Initiative.

3)    Neat, tidy and clean

4)    Hard working and persistency.

5)    Systematic planning

6)    Efficient management.

7)    Problem solving tactics

8)    Follow-up for every project plan.

9)    Maintaining a healthy body, mind, and spirit/mood.

10) Self-Control, attire, and manners

11) Build a Contacts network.

12) Limit mindless distraction.

13) Prioritize the work

14) Appreciate and reward for good work by employees.

15) Good leadership

16) learn from mistakes, failures or losses.

17) Engage an Accountability

18) Adopt work automation through new techniques and software.

19) Love to learn, learn to teach and trainings.

To succeed at a workplace, it is ideal to develop good work habits that could increase your productivity and job satisfaction.

Risk Taker.

Adapt to change. 

Pick the job you love. 

Set goals based on vision. 

Be positive to learning new things. 

Be the best mentor & coach. 

Be a good in education.

Be a good in having know-how.

Be a good in connectivity and contacts.

Be a bold in accepting accountability

To succeed in the workplace, it's a good idea to develop work habits that reflect a desire to help the organization. Managers and coworkers enjoy working with people who report to work every day, interact in positive ways, take pride in their work and complete their assignments on time.

Punctuality is a sign of professionalism and helps you stand out as a reliable and trustworthy employee. Being punctual helps establish your reputation as a dependable and consistent worker. If you don't get your part of a project completed on time, you keep others from being able to finish their tasks.

Discipline ensures individuals maintain silence at workplace and work as a single unit with their team members to achieve organization goals and objectives.  Discipline is important as it binds the employees and also motivates them to respect their organization.

As important as routine is, the most effective entrepreneurs understand it is imperative they be flexible enough to pivot on demand in response to unforeseen or changing circumstances. Being flexible enough to change direction greatly increases their chances at success and it also enhances their own learning, growth, and education. The routines they live by are simple by design because this simplicity is easy to maintain no matter their circumstances. Successful entrepreneurs make it a habit to only need the bare essentials. This increases productivity because their set-up to work and communicate doesn't require anything special for them to be effective whether they're at the beach or in the office.

Simplicity is the secret weapon effective entrepreneurs swear by. They're known to create and live nearly obsessively by simple yet practical routines. Creating simple routines helps them avoid taking on workloads which are beyond what they can reasonably tackle. Successful entrepreneurs are the most productive in achieving their desired results when they aren't overwhelmed with stress. For this reason, they set limits around themselves. They worry less about pleasing others and more about producing high quality work.

The most successful entrepreneurs have mastered effectiveness because it makes them work smarter, eliminating unnecessary effort and wasted time. Success cannot happen with any consistency when approached in a lazy, haphazard, hit-or-miss fashion. The most effective entrepreneurs do not entertain ease or disorganization as a part of their decision-making process. They make sure to be detailed, organized and fully prepared before executing on any goal or plan.

Successful entrepreneurs never undervalue the importance of sleep. They desire to be sharp, emotionally available, and on-the-ball in all areas of their career. There is a proven and well documented body of evidence on the bi-directional relationship between sleep and stress: a lack of sleep creates an increase in emotional reactivity and decreases in frustration tolerance, which contribute to another night of poor sleep. It's a horrible cycle. Successful entrepreneurs do not want to waste time being up at night stressing about how poorly or ineffectively they handled situations or people during the day. If poor sleeping patterns are left unmanaged, effectiveness becomes impossible. Successful entrepreneurs trust that work isn't going anywhere. They carve out the necessary time for sleep and are all the better for it.

The most influential entrepreneurs spend a significant amount of time in their heads thinking and visioning. They are naturally innovative and crave being in the constant process of discovery. They credit their imagination as their most powerful asset. They have always dared to dream, and to turn those dreams into a reality.

Effective entrepreneurs rise early believing in the concept of, the early bird gets the worm. They start each day with some form of physical activity. It's the method they use to wake themselves up, get their blood pumping and their mind sharp. They prefer to getting into the office before others to work without interruption on the goals they set for themselves the night before. Getting in early puts them ahead of the game and one step ahead of their stress. When the environment is quiet and free of distractions they accomplish their work more efficiently and with higher quality.

Successful entrepreneurs increase their efficiency by putting work first and socializing second. Socializing is important and life-giving for them. They see the value in getting out to be around people, not just for the human interaction and feelings of interconnectedness, but because being around others reduces stress and increases innovation. They choose to schedule this time at the end of the day when their work-pressures are off. This allows them to be fully present to those they are connecting and developing relationships with.

6.       Positive Mental Attitude.

A positive attitude helps you cope more easily with the daily affairs of life. It brings optimism into your life, and makes it easier to avoid worries and negative thinking. If you adopt it as a way of life, it would bring constructive changes into your life, and makes them happier, brighter and more successful.

There are many advantages of a positive attitude at work, and some of the advantages and benefits are: Creates a positive environment. Helps to Achieve Goals and Career success. Stress reduction and management.

Positive mindset helps you to seek happiness, health and a happy ending regardless of the situation. Lots of successful people have recognized the positivity as the key to success. Power of positivity may change your personal and professional life. Thus, in the tough situations, people ask you to think positive.

Being an entrepreneur doesn't just mean you've started a company, it means you've set out to begin a conquest of success, failure, and overcoming your fears. One of the most important lessons I have learned is that you must think differently to become a successful entrepreneur.

Positive mindset helps you to keep good relationships with your associated members, co-workers of the business.

Positive thinkers have more energy.  Whether you see things positively or negatively, this personality trait is called "dispositional affect". Scientists have long concluded that those of a positive dispositional affect have more energy and enthusiasm than those who have more negative affectivity. That said, low levels of negative affectivity isn't a bad thing, as these people can be more calm and relaxed.

Entrepreneurs are usually highly energetic individuals with tons of self-motivation. However, entrepreneurship is a battle that not many can endure. Maintaining that entrepreneurial spirit is something every CEO struggles with throughout the lifetime of their business.

These two mindsets spell out the difference between positive thoughts and negative thoughts. Negative thoughts tend to limit thinking, undervalue achievements and generate a variety of negative feelings. Negative feelings, in turn, can lead to lack of confidence and underperformance. People with a positive mindset, on the other hand, tend to have a better outlook on life and are more energetic, productive and successful.

An entrepreneur with a fixed mindset will suffer failure and give up. An entrepreneur with a growth mindset will take a failure and use it as a chance to demonstrate the resilience and determination necessary to overcome that failure. A fixed mindset views the market as limited and shrinking, while a growth mindset sees the market as ever-growing and full of opportunities.

7.       Positive Image.

Self-Image Is The Key To Success In Business.  If your image in the business field is doubtful, deceptive, fraudulent, lying, dishonest etc., then success to business is become very low degree and if your image in the business field is impressive, honest, hard working, a role model, reliable etc., then success in business life is become possible. Dishonesty can be devastating for organizations, with high-profile cases bringing both public embarrassment and severe disruption to organizations and their members. For example, in 1999 Lotus chief executive officer (CEO) Jeff Papows resigned amid controversy surrounding lies about his military record (inflating his attained rank), his educational attainment (augmenting both the degrees earned and the prestige of institutions attended), and his personal history (claiming to be an orphan, although his parents were both living). Similarly, the string of lies told by professional cyclist Lance Armstrong about his use of banned substances caused untold reputational harm to his former teammates (many of whom he wrongfully sued for libel), his sponsors, and the nonprofit organization that bears his name.

Truthfulness and accuracy are critical for effective organizational functioning, but dishonesty (in the form of lying, misrepresentation, and fraud) continue to be pervasive in organizational life. Workplace dishonesty is an inherently unique behavior that should be distinguished from broader categories of unethical workplace behavior and organizational deviance, in that dishonesty is an overt social behavior —that is, requiring an audience to exist as a behavior. Compared to stealing or cheating, dishonest acts require knowing fabrication of false information, intended to deceive an anticipated audience. Thus, considering the overt social aspect of dishonesty (compared to the relatively clandestine behaviors of cheating and stealing) may add conceptual clarity to the construct of workplace dishonesty, which is surprisingly absent from extant literature.

In a perfect world, investors, board members, and executives would have full confidence in companies’ financial statements. They could rely on the numbers to make intelligent estimates of the magnitude, timing, and uncertainty of future cash flows and to judge whether the resulting estimate of value was fairly represented in the current stock price. And they could make wise decisions about whether to invest in or acquire a company, thus promoting the efficient allocation of capital and creating a good and positive image is essential.

  

1.    Creativity :

One of the important factor is that a business needs to be successful is creative thinking. A business owner needs to be a creative from his mindset. Creativity is a spark of an idea that a business leader needs to achieve their goals. Creative thinking involves thinking of different ways to do things to achieve a better result.  If creativity is efficient and set an efficient mechanism for the business, then it results in fast business growth.

The people with creative mindset find ways around obstacles because they see them not just as roadblocks but also as opportunities.  Creativity is noting but periodical review of business obstacles, opportunities and business growth.    The people with creative mindset keeps on creating an ability to produce new and unique ideas. Creativity improves the process of solving problems.  Creative thinking involves thinking of different ways to do things to achieve a better result. It could also include :

1	Re-organization,
2	Smart Planning review,
3	Hiring talent resource,
4	Smart Technological change,
5	Expansions and re-development
6	Each review has clear predefined objectives
7	The risk management.
8	Testers are valued reviewers who contribute to the review
9	Defects found are welcomed and expressed objectively
10	People issues and psychological aspects.
11	The review is conducted in an atmosphere of trust;
12	Review techniques are applied that are suitable to achieve the objectives
13	Checklists are used if appropriate to increase effectiveness of defect identification
14	Training is given in review techniques, especially the more formal techniques

Some important benefits of creativity in the workplace include -  Better teamwork and team bonding,Increased workplace engagement and interaction,Increased workplace problem solving and productivity.  Creativity helps to generate ideas and approaches to solve problems. A goal- oriented force that moves individuals to action. The belief in yourself that helps you stay motivated to achieve your goals.  If you lack creativity, then it will lead to lazy and daze in working activities.