Wednesday, November 4, 2015

PERSONAL SPECIAL ............... 4 Skills Required For Success


4 Skills Required For Success

A study of successful entrepreneurs is really a study of successful 
people.

Actually, it's a study of successful relationships. The world is built 
on good and bad relationships. Good relationships are worth 
striving for because you can usually get something you want from
them. The other person in the relationship wins, too. 
Trades and deals leave both parties feeling happy. 
That's what you're aiming for.

Bad relationships don't do *quite* as well for both parties.
Usually just one. But still, bad blood makes the world go round. 
War is a multi-trillion dollar business globally. So even when
someone is having seven shades of you-know-what leathered 
out of them, someone, somewhere, is getting rich. 
 What a lovely species we are!

Relationships - good and bad - can be lucrative. But I don't suggest 
you try to make a business, career or fortune out of being a 
war-mongering tyrant. Or servicing the war-mongering tyrant 
market in some way. Yes, there's money in it. But you need to be 
able to look your kids in the eye, right?

Anyway, the point I'm labouring to make is this. If you want to 
make big money outside of your job... you want to do something 
on your own... and you want it to last more than a couple of months
... you need more than just an idea and customers.

Good relationships - this is what I want to spend some time 
yakking about today.

A-Holes don't make big money anymore

The Donald Trump, 'type-A' autocratic entrepreneur is an 
anachronism. A dinosaur. And a rarity in 2015. I've worked for a 
couple of these types of men. (They are usually, but not exclusively, 
male.) They were most unpleasant. To boot, they were unpopular, 
egotistic and not very smart.

They had high staff turnover because they believed the best way to motivate an employee was to chew them out aggressively in front of colleagues. This was a management style popular in the 70s and 80s - a time where 
the labour market wasn't as transient and mobile as it is now. 

These days, you can walk straight out of a 10am bollocking in the 
boardroom; jump on LinkedIn or Seek, and have a job offer appear 
in your inbox by lunchtime.

We used to fear this type of boss. Now we despise and pity them. 
It's not good leadership. It's weak leadership.

In any case, I don't think it's particularly smart to be a jackass in 
 business in this day and age. Especially not as a start-up. I believe 
that how you conduct and manage key relationships is the single 
biggest influencing factor in your success.

I call it the biggest influencer because it's the most controllable 
part of what you do. You could have the best product on the market. 
But if you treat your suppliers, partners, employees - or even 
customers - like dirt, no one is going to want to help you succeed.

On the flip side, even if your product or service isn't market leading;
 if you conduct yourself well - if you're friendly, amiable, cheerful 
and ready to help - you'll draw customers to you. You'll create a 
good impression and a great experience. That will guarantee you 
referrals and repeat business... the very way you'll stay operational.

You can control all of this.

Remember, people do business with PEOPLE - not corporations. 
If you only take one thing out of today's eletter, make it that. 
We're all time poor. Dealing with difficult, spiky, inflexible types is 
a bloody drag. It's hard work. And particularly galling when you're 
spending money in the bargain.

But when you do business with someone who's pleasant, helpful and attentive, you feel good. And relieved. This person has solved a 
problem for you. And dealing with them was easy. It reflects well 
on you that you chose them. That itself makes you more likely to 
choose them again in the future.

You and I know that researching solutions to problems is a time 
consuming pain in the ass - even in the internet age. I want that 
burden lifted from my shoulders, quickly. I don't want to have to 
do more work that takes even more time - especially once I've 
picked someone to do the job for me.

I want to know that you are 'on it'. If you can communicate that 
effectively - lift that burden off my shoulders - you'll get my 
business now, and in the future.

You can learn these four simple success skills in an 
afternoon

It doesn't take a lot of work and effort on your part to develop these 
 qualities - and give yourself more chance of succeeding
You should honestly see this as the biggest no brainer of them all. 
I'll be surprised if you don't.

Your goal should be to make it a pleasure to do business with you. 
That's it.

We are hardwired to make decisions that will cause us the least 
hassle. Being a difficult, unpleasant character will stop you getting 
business. Why would you hamper your own efforts?

Here are four obvious 
skills to learn, develop and master that will 
definitely help you make more money and last longer in business. 
Because doing business with you will become a pleasure.


Be nice. 
Simple, right? They used to tell me 'nice guys finish last'. 
Maybe in the 80s. Nowadays I wouldn't risk my business on 
cultivating a difficult personality. Social media will destroy your 
commercial aspirations inside of an afternoon if you're rude, 
obstinate or miserable. Try being nice, helpful and attentive to the 
people who will pay you their money. You'll get more of it.


Share. 
Share your ideas with people. Your staff. Your customers. 
Even your competitors. Sounds counterintuitive, right? But you all 
benefit from a strong industry. Compete on price and service by 
all means - but becoming an 'industry champion' will pay dividends 
by way of added credibility. Credibility is so important in 
relationship building. It's the number one factor that influences 
trust. Trust is all about being open. So share!

Listen. 
I used to be the guy who always knew best. How embarrassing. 
I thought I knew more than everyone else - and that my experience 
was worth more. These days I know way better. I listen - to friends, colleagues, mentors, my family; anyone and everyone who wants to contribute. I don't presume to know better than anyone. Because I 
don't. My business is all the better for it. Remember: one idea can 
change everything. Not all the ideas have to come from you. 
 Discovering this is humbling.


Be humble. 
Past glories are only relevant to your efforts to build credibility. 
Beyond that you just look insecure when you bang on about that 
 great deal you made in '05... or the incredible sales campaign that 
launched six months ago. Those are gone. The only thing that matters is your next deal. You have to work hard to be humble (take it from me). 
But it's so important. Thank your team. Acknowledge their 
contribution. Same with suppliers. Thank your customers for 
their business. Let them know how much it means to you to do a 
good job for them. Humility is such an open emotion. Humble 
entrepreneurs only communicate a willingness to do a good job. 
There's no ego or conceit. It's one of the most attractive qualities 
you can display to your customers, co-workers and suppliers. 
Being humble will definitely get you more business and more money.

That's your takeaway: make it a pleasure to do business with 
you.

If you do, you'll fare better than your competitors, make more 
money than your competitors, and last longer than your competitors.


By Simon Munton
Note: This article was first published in The Escapologist, Australia on 22/10/2015. 

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