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Failure is not what we want as an entrepreneur. In fact, you are avoiding it and no entrepreneur wants to experience business failure. Business startups and even established businesses are a big part of the economy, one of the reasons is the creation of jobs. But why does failure happen? As an entrepreneur, are you prepared for it in different aspects?
In today's show of Business Owner Elevation, I will share with you 17 reasons why businesses and entrepreneurs fail. Let me guide you in understanding failure to be able to succeed and take note of some ideas and concepts that I will share with you, especially entrepreneurs, which you can apply to your business. Enjoy!
Here are a few insights you'll hear in today's podcast show
...and a whole lot more!
Success Quotes
"Failure isn't fatal, but failure to change might be." - John Wooden
"How you respond is going to be critical to how your business continues to be a success."
"You've got to be clear and you've got to be focused on what is going on."
"Don't be afraid to give up the good to go for the great." - John D. Rockefeller
"Successful people do what unsuccessful people are not willing to do. Don't wish it were easier; wish you were better." - Jim Rohm
Resources
Growing Your Business
Book Your Appointment With Leon Now!
Start with Why by Simon Sinek
Connect with Leon
Youtube
Website
"A commercial profitable enterprise that works without you." - Brad Sugars
A very wonderful definition of a business that business owners should understand. A business is not just about having the means to create funnels, having paid ads, or creating other products but it is only some of the aspects of it. As a business owner, you have lots of significant things to do within the hours of the day: you have to deliver to your customers, you have to market, and you have to serve your customers. Can you do all this stuff? If it is part of your concerns as a business owner, then the answer is to create your TEAM.
Hiring people to do the important tasks is also part of growing a business. Moreover, you can get rid of some of the stress that you are having in handling the business. Hiring people to grow your business requires a business owner to set their standards. Discussing your level of expectations to your team is needed for them to do the tasks according to your standards.
What are you waiting for? Grab a pen and paper and take note of the important things that I will be sharing with you today for free. Enjoy!
Here are a few insights you'll hear in today's podcast show
...and a whole lot more!
Success Quotes
"At the end of the day, as a business owner, you are only as good as the amount of time and resources that you have to deliver, that you have to market, that you have to sell and that you have to serve your customers."
'As a business owner, nobody's ever going to replace you in taking care of your business."
"You're not going to find somebody who replaces you but you can find somebody who is more skilled than you in one particular area."
"Leverage is how to get more money with the money that you have or more time with the time that you have or more resources with the resources that you have."
'Business is how you can scale the business up."
"You need other people to help you out."
Resources
Growing Your Business
Book Your Appointment With Leon Now!
Brad Sugars
Standard Procedure: How to Systemise Your Business, Reduce Your Workload, Increase Your Productivity and Become Profitable - Tony Brown
Connect with Leon
Youtube
Website
Online platforms recommended by Leon:
Upwork
People Per Hour
Freelancer
Fiverr
Guru
We all hear the word niche especially business owners that are often being asked about their niche. As a business owner, what is really the importance of having a niche? How can a business owner identify their own niche?
A niche is something that you are comfortable doing and suits you best. When we talk about niche demand creation, it is on a different level. It is still having your existing niche but on an upper scale. Niche demand creation makes your offer unique from others and makes your competition irrelevant. Think it's impossible? It is possible! In today's show, I will be discussing the importance of niche demand creation and how it helped my clients take their business to another level. Grab a pen and paper, take notes and enjoy!
Here are a few insights you'll hear in today's podcast show
...and a whole lot more!
Success Quotes
"Niche demand creation is about looking at your niche from the point of view where the demand is."
"It is not about you feeling, it is about knowing where the demand is."
"If you don't understand niche demand creation, you won't understand psychologically and emotionally, how to craft that message that triggers your audience into making decisions."
Resources
Growing Your Business
Book Your Appointment With Leon Now!
Blue Ocean Strategy
Vortex method
Connect with Leon
Youtube
Website
Business owners tend to be in the middle of lots of things. Managing their time with their business, relationships, and family. They always have lots of things in mind, FOCUS should always be present at all times. Living in simplicity should always be there. But what does it really mean when it comes to simplicity in taking your business to another level?
As your business grows, you have lots of responsibilities to juggle around. But staying focused is really a must and that is also one way of describing what simplicity means in business. Staying focused on your business mission and vision. Moreover, analyzing your routine activities and being true to yourself is also needed in building more success in your business. Eliminating things and activities that will slow down your business should be done. Start mastering simplicity and take your business to another level. Enjoy!
Here are a few insights you'll hear in today's podcast show
And a whole lot more!
Success Quotes
"Simplicity is the keynote of all true elegance." - Coco Chanel
"That's been one of my mantras - focus and simplicity. Simple can be harder than complex." Steve Jobs
"Creating your own reality."
"If you really want to be honest with yourself and move things forward in your life and your business, you need to understand that whatever your personalities and the things you're experiencing are a result of what you've created as your personal reality."
"The man who views the world at 50 the same as he did at 20 has wasted 30 years of his life." - Muhammad Ali
"Change is constant and change is something that you should be proud of."
"Don't get distracted with bright shiny objects."
"You are the most important project in your life and you are the highest priority."
"Three rules of work: Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty, lies opportunity." - Albert Einstein
Resources
Growing Your Business
Book Your Appointment With Leon Now!
Breaking the Habit of Being Yourself by Dr. Joe Dispenza
Warren Buffet
Connect with Leon
Youtube
Website
If you are a business owner who wants to scale up your business, the marketing funnel is one of the essential things that you should do. A marketing funnel is making your potential clients do the action that you want them to take, converting it into sales. If you are already doing a marketing funnel or if you want to attempt doing it, this is the right show for you.
A marketing funnel is important to your business because it can generate new leads that will help your business to scale up. Furthermore, having an effective marketing funnel can get you to have more sales. Essential aspects of having an effective marketing funnel are creating awareness of your potential leads, spark interest, let them desire your product or services, and the most important thing is for them to take the action.
How can you do all those? How can you convert all those potential leads to take action? That's what you should watch for. Grab a pen and paper and start to take notes of what I am going to share with you. Enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
"Starting with simplicity is key."
"It's not about the funnel, it's not about the technology, it's about the message."
"When you keep things simple, you can understand what's going on in your marketing funnel and focus on the message…"
"The message is going to be the key component because that's going to be the thing that motivates and moves a person from pain to making a decision."
'Whether you've heard is as a marketing funnel, sales funnel, this is one of the most effective ways to put a funnel in place for your business to attract phone calls."
Resources
Growing Your Business
Book Your Appointment With Leon Now!
Connect with Leon
Youtube
Website
Lockdown during the onset of this pandemic took a toll on lots of business owners. What about this second lockdown? Have you prepared your business for this second lockdown? As a business owner, has your business strategy adapted in this lockdown? Have you taken the necessary measures to protect your business? As business owners, we all take the necessary steps to keep us to make your business survive during this lockdown. But what should be done? What are these steps?
In order to get through this second lockdown, we have to be calm and think of what should be done. We have to analyze the restrictions given by the government, in that way, we can further think of what we can do in order for our business to keep going despite the lockdown. As business owners, you have to adapt your business strategy to this lockdown, we have to be innovative. In today's show let me guide you on how we can get through this second lockdown while running our business.
Enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
"When your mental approach to what's going on around you is constantly in fight or flight, that can really mess things up in terms of your health…"
"You'll be able to cope with difficulty but you'll find it difficult coping when you don't have money to buy food, water, and just basic essentials you need for you and your family."
"People who take action right now, are the ones who are going to continue to win."
"Human connection is more important now than ever…"
"Giving the help is what's needed more than anything…"
Resources
Growing Your Business
Book Your Appointment With Leon Now!
BBC - Big Broadcasting Company
Connect with Leon
Youtube
Website
Habit is a behavior pattern acquired by frequent repetition or physiologic exposure that shows itself in regularity or increased facility of performance as defined by Merriam-Webster. But what are bad habits? What are the bad habits that should be avoided if you are a business owner?
Every entrepreneur's dream is for their business to be successful. But how should one be successful in their business? If they are already on that path, how should they maintain their success? Being successful is possible for every business owner. This will be possible if they will not dwell on practicing bad habits.
Avoiding this should start with admitting that there are habits that need to be changed and accept that those bad habits will limit your business success. As a business owner, how should those habits change into good habits? Know how it can impact your social environment and try to look for other things that will help you develop and improve your habits.
In today's show, let me guide you on how to stop those unconscious bad habits and change them to good ones and how to stick with them. Enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
'Warning: When feelings become the means of thinking, or if we cannot think greater than how we feel, we can never change. To change is to think greater than how we feel. To change is to act greater than the familiar feelings of the memorized self." - Dr. Joe Dispenza
"Sometimes the awareness is going to be triggered by somebody else seeing those things for you."
'In business, If you walk around with these bad habits, they come to bite you in different ways..."
"...you're too busy trying to get something perfect that in actual fact didn't need to be perfect just needed to be done."
"Distractions in your life might be bad habits.."
"If you want a new outcome, you will have to break the habit of being yourself, and reinvent a new self." - Joe Dispenza
Resources
Growing Your Business
7 Habits of Highly Effective People - Stephen Covey
The Obstacle Is The Way - Ryan Holiday
Breaking The Habit of Being Yourself - Dr. Joe Dispenza
The Alter Ego Effect - Todd Herman
Atomic Habits - James Clear
Deep Work - Cal Newport
Habit Stacking Method
Connect with Leon
Youtube
Website
We all have our reasons why we hold back, sometimes it can be fear of committing mistakes, lack of self-confidence, and more. Most of the time we choose to hide and just wait for the opportunity to rise. We need to be courageous especially when we are talking about business. Yes, it involves a lot of risks and you are thinking about your security.
As a business owner, you must make a proper assessment of the risks and opportunities that come after it in your business. There is no time for procrastination, remove it from your vocabulary. There should not be any time to be wasted and maximize your time in identifying what are the things that will help you move your business to the next level. Eliminate the bad habits that will ruin your business.
Don't miss this opportunity where I can guide you in getting your business to the next level. Prepare your notes and enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
"Procrastination can kill your business."
"There's a time to be cautious but there's also a time for you to spot when there is the opportunity."
"When they're playing it safe and they unconsciously don't even know they're being held back, is because they've done the analysis but they've not taken the action."
"It is all about spotting your actions and what you actually do in business for you to understand and what you're not doing…"
"Keep going, keep doing what you need to do.."
Resources
Keith Cunningham
Growing Your Business
Connect with Leon
Youtube
Website
Are you a business owner that is caught up in a situation right now? But you think that you can do all the things without the help of others? In today's show, I will make you understand that accepting the fact that you need help is needed for your business to move on to the next level.
You are not the only person that needs help, in fact, everybody does, no exemptions. It will not make you less of a person if you admit that you need help, you are not alone in this world. Once you accept that you need help, the next thing you need is to know where to seek help? It is also important to go to someone who is in line with what you really need. Having a connection with your mentor or your coach will help you see from a different perspective that may help you in your business.
Try to talk to them, check if you connect with each other or if you have the same values and beliefs. Check out the services that they can offer if it suits you. Accept and seek help for the improvement of your business. Enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
"Let me tell you what winning means… You're willing to go longer, work harder, give more than anyone else." - Vince Lombardi, American Football
"...when you have this much money, it isn't about all the material possessions, it's about actually what you do is what you create as your vision. It's who you impact and how you affect the world…"
"Vision is something bigger than us."
Resources
Vince Lombardi
Connect with Leon
YouTube
Growing Your Business
Website
We are on the last stretch of this year. And in this year of 2020 has been a rollercoaster ride for most people. Some businesses made it even on lockdown but for some, it is a different story. As a business owner, we must still keep our business even in lockdown. How do we keep our business even in lockdown? What should we do to keep it moving forward? What are the important values that we should possess in overcoming this situation?
As a business owner, you should know what you can do for your business to keep it going. You need to have a clear mind and have a positive outlook that you will surpass this. Fix your mindset and still put a positive attitude despite this pandemic. Believe that you can overcome the situation and be confident.
It is also important to assess your products, is it what the market needs right now? Analyzing the market and what your target audience needs is a must to keep your business going. Understand what your target needs and innovation must be done to keep your business moving forward. Do not forget your reason why you need to keep going? I will share with you today what you can do to keep your business moving forward despite the lockdown. This is a great opportunity especially for business owners to get some ideas on how to keep their business going even in this situation.
Enjoy!
Here are a few insights you'll hear in today's podcast show
Success Quotes
"The reality is that, if you only focus on the fear, that's all you're left with. No hope, no way forward, caught up in the drama, and you are taken off course. You're taken away from your vision, you're taken away from your goal."
"Staying in the game is half of the battle right now because if you give up mentally, then most likely, you will be one of the casualties of what's going on right now."
"...quitting on yourself is not good, quitting on your family is not great, quitting on your community, quitting on the people who need your products and services is not good..."
"The ones that keep going are the ones that win."
"Your network is your net worth."
Resources
Seven Habits of Highly Effective People
Blue Ocean Strategy
The Last Dance - Michael Jordan Documentary
Connect with Leon
Youtube
Growing Your Business
Website
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