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Top 7 Business Regrets (And How To Speed Up Success)

What are the top regrets of business owners? How can aspiring business owners and startup founders leverage the do-over list of more experienced business leaders and entrepreneurs, gain the edge, and get on the fast track success, without enduring the sticking points of those that have been there before?

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Top 7 Business Regrets (And How To Speed Up Success)

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  1. T Top op 7 7 B Bu us siness iness R Regret egrets s (A (And S Su ucce ccess) nd H Ho ow ss) w T To o S Sp peed eed Up Up By Mobile Home Investors Academy

  2. Starting a business, investing profitably, growing income and wealth, getting to your goals; it’s all about problem solving. Albert Einstein said “If I had an hour to save the world, I would spend 55 minutes defining the problem and only 5 minutes finding the solution.” 1. Not Knowing the Right Questions to Ask

  3. Ten quick tips for asking good questions:  Go back to your core goals and ask how to make those happen  List the things that you don’t know  Get outside input  Ask open ended questions  Throw out all assumptions  Get multiple opinions  Ask follow up questions  Listen, and let others fill the silence  Ask probing questions of others to get to the heart  Recognize the separation of speculation and fact

  4. Life Hacker credits the above quote to the U.S. Navy SEALs. During training, SEALs and other elite military units push themselves to the brink. They do it on a regular basis. Once you’ve faced your worst fear voluntarily, there is nothing to be afraid of anymore.In fact; you can now rush head first into the mission courageously and confidently. And it builds immunity. 2. “Getting Comfortable with Being Uncomfortable”

  5. 5 ways you can minimize the discomfort and create a habit of embracing being uncomfortable:  Get out for a run, or walk  Journal  Focus on the discomfort of others, not your own  Meditate and find your focus each day  Treat yourself to a massage or shopping

  6. It’s natural to think about ourselves. After all, that is the driving factor that inspires people to go into business, or even motivates them to get out of bed and apply for a job. But at some point, CEOs and businesses find that internal focus, and a taking mindset sabotages them. It can wreck the biggest and best funded organizations fast. And often there is no coming back from that. 3. Thinking about Yourself, Versus Adding Value to Others

  7. Leverage is the most powerful tool available to entrepreneurs, investors, and businesses. Yet, it is frequently misunderstood. It can make all the difference in success. Or it can doom an individual and enterprise to bankruptcy. 4. Not Understanding Leverage

  8. Warren Buffett, Richard Branson, Facebook, Google, Airbnb, or Uber – all of them leverage people. None would be where they are without great teams. So it only makes sense that the earlier you create a team, the better it is. The trap that many entrepreneurs fall into is trying to start alone, and then never finding that ‘perfect’ moment to build the team, and actually allow themselves to step back, and move up. Start as you mean to finish. Thanks to new outsourcing platforms like Upwork, even solo entrepreneurs can begin building a team on-demand immediately, without burdening themselves with overhead. 5. Creating a Team Too Late

  9. Even those that want to go it alone can find many way to leverage others through outside strategic partnerships. Look for vendors, other small local businesses, or others in your industry that can complement your work, without competing, and find mutually beneficial ways to work together. 6. Trying To Do It All By Yourself

  10. Getting advice on both what to do, or not to do is critical. But it only helps and has value if it is from the right people and sources. Gaining good advice is all about modeling success. The opposite of that is taking input from the unsuccessful, and plugging that into your business. That’s like a deadly virus. Sometimes you think it is good medicine at first, it’s only when the bad symptoms start showing that you know it isn’t the good stuff. 7. Listening to Advice from the Wrong People

  11. For more information: mobilehomeinvestors.com facebook.com/Mobile-Home- Investors-Academy- 1687838101432876 twitter.com/mhiacademy Avoid these business regrets, and hack your way to the top faster. Don’t just duck or dodge them, add the opposite activities to your to-do list. List your questions, practice getting uncomfortable, look for ways to add value and serve others, gain a healthy respect for leverage, start hiring a team, schedule interviews with potential partners, and find great mentors that will help you model success.

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