right attitude
determination
critical thinking and problem solving skills
ability to learn quickly and adapt
To answer your question, you must first answer the question of why the same people keep failing or are always less successful than others.
Whats up Colin ?
Hey Slav,
Great list. I used to teach high school and that is pretty much my list of what skills are required to become a great teacher too. I'd say those skills predict success in a lot of areas.
One thing that comes to my mind is the ability and desire to make continual improvements in one's operation. Say are just starting out and have figured out how to make $30/day. This reminds me of my first day back in 1996. well, really about my 7th day. I think I made .57 my first day in Cybererotica's pay per click program. The first thing that hit me was "Aha! $30/day! This is already $11,000/year. Now how can I improve this to $35/day, $40/day, $50/day and so on". Automation and hiring are two of the best ways to do that. But even making little tweaks here and there can improve ratios and traffic. Takes good judgement too. Am I better off gunning for more traffic or better ratios?
Another thing is realizing that a cut in expenses is equivalent to a raise in income. Never forget the simple things. The bigger you get the more you should look for cost cuts.
Nonsense. Being successful is nothing to do with being lucky.
Often it is nothing to do with academic qualifications that some people will try and have you believe.
Some of the qualities needed are vision, determination, being innovative and being prepared to take risks. These type of skills tend to be inbuilt (and not something that can be learned).
The number one thing I've seen is "timing" then followed by having this formula.
1.timing
2.money
3.execution
4.sales
I never seen a successful person last long in business just out of pure greed. The majority motivation (IMO) stems from having the business tools learned from family or schooling. This is why a high % of Jews will always do well because from birth they are taught how to succeed and the true value of money or the power that goes with it.
What do you mean by greed? Are you saying you've never seen anyone succeed solely out of a desire to create profits? Or do you mean something else?
I watch alot of those that fail do the same thing that has been failing them over and over and over... this is the exact reason I made my current sig line.
Not everyone can be an artist or musician either.
Some people, no matter how much you teach them, they can never have rhythm or understand how to draw very well.
You can take them a certain way but they'll never make masterpieces.
You can apply that to most anything, including business. It's just not in some people. You can teach them to a certain point but they'll never build an empire.
It doesn't mean they were "born stupid" as was said in one post. Perhaps their strengths/interests just lie somewhere else.
Some people dont even seem to be able to write emails in this business. Posting on a board is one thing, but when you send me an email at least TRY to be a professional.
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