Top 10 Rules for Success – Post 500

The Profit’s (Marcus Lemonis) top 10 Rules for Success. 
1. Don’t be an ass.

2. Make your employees number one.

3. Know what you don’t know.

4. Accept the crazy.

5. Be vulnerable.

6. Be authentic. 

7. Be transparent.

8. It’s all about follow-through.

9. Know your numbers.

10. Quit whining, start winning. 

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Are You Coin Operated? – Post 493

If you want to be successful you have to reprogram your mind. You have to learn to think completely differently than you have up to this point.

If you have been an employee you have to learn how to think differently to become a
successful entrepreneur employees are in a
coin operated world, they are trading their time for money. If you worked in a blue collar field you have to think differently. You can’t think the same and expect to get big results as an entrepreneur.

Entrepreneurs don’t live in the “coin operated” world. As an entrepreneur you’re not trading time for money. Entrepreneurs realize that in the beginning you sometimes have to really work hard with little to no reward. They think differently, they understand that the rewards come later.

Let me give you one big example.

Entrepreneurs have to think differently about rejection. There is a book called “Go for No” and it does a good job of getting folks to think differently about the word NO. Some folks take rejection and they really take it personal. In other words when they are rejected they are just completely destroyed. If you have the mindset that rejection means that you just don’t have any value, you don’t have anything to contribute, you don’t have any worth, that it means you’re stupid, it means that you made a bad decision; rejection means you’re not likable. If these are what rejection means to you then that definition will create the reality for you.

If you are going to be involved in your own business then you have to re-train your brain that rejection is just a sorting mechanism for who is ready and who is not ready for whatever it is that you are offering.

It is the difference between folks in the coin operated world and folks who are entrepreneurial; Those who are open for business and who are closed.

Rejection allows people who aren’t ready for what you have to offer, to give you this great gift. The gift of letting you know whether you are spending valuable time with them or if you are wasting that valuable time.

Entrepreneurs realize that no doesn’t me no. It just means not now. It may come at some time in the future that no may become a yes because they will be open to what you are offering. That is as long as you don’t hound them for a yes and permanently close that door.

Success is a relationship game. Entrepreneurs realize they have to build that relationship and they know this process is why it takes time to build their business. They understand that by laying the groundwork and really cultivating it they will reap an even greater reward in the future.

Entrepreneurs realize that a no doesn’t mean you’re not worthy, you’re not capable, you’re not likable. It doesn’t mean you made a bad decision to pursue your entrepreneurial vision. It doesn’t mean your products are no good. It doesn’t mean any of that. All it means is they are not ready. That’s it. You have to re-train your mind to that reality.

I know I’ve mentioned this before but take Colonel Sanders. When he was looking for someone to buy his famous recipe, he was turned down over 1000 times. It didn’t bother him. He KNEW he had a good product that folks would like and buy. If he let rejection define him in a negative way he would have never earned the millions of dollars he made from KFC.

If you let rejection define you in a negative way, then you better be careful, it will create a future for you. It will create fears in you that aren’t real, they’re just illusions.

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