Thursday, September 21, 2006

Wishing or Desiring ... one wins, one doesn't

Do you wish you had more money, wish to win the lottery, wish for business success, wish for .... insert dream here.

If you spend all your time wishing, you won't get there. You need something deeper.

In Think and Grow Rich, Napoleon Hill says: "Wishing will not bring riches. But desiring riches with a state of mind that becomes an obsession, then planning definite ways and means to acquire riches, and backing those plans with persistence which does not recognize failure, will bring riches."

This is a powerful statement. It synthesizes all the elements you need to gain the riches you desire. Not only does it cover the desire (why), but puts steps in place to get where you are heading.

I think this is the greatest and overlooked element of a home business ... planning. So many people start out in business with a vague goal (translation wish) that they are pursuing. They have a vague plan to get there but no plan to handle obstacles ... and certainly not a plan that does not "recognize failure."

The how of a plan that does not recognize failure is harder. It involves digging deep inside to find the strength to continue on your path without letting disappointment smother you. You need to address contingencies ... how you will overcome challenges, and I would argue it includes a list of coaches and mentors you can call for help and support.

While we are all independent business people, we are not in business alone. Robert Kiyosaki says investing is a team sport. He's right. You need a strong team around you to be able to succeed. You team should be made up of professionals but also mentors and coaches who can provide you with guidance and support as you grow ... both personally and in business

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