You can predict the future with a probability of 50% ,something like "to be or not to be" but better stary safe,each time and take all the possibilities on consideration

Being prepared to fail is essential to see success. Nobody can win all the time.

Nobody in life gets exactly what they thought they were going to get. But if you work really hard and you’re kind, amazing things will happen.

You can't predict the future which is why no one wins with the stock market. However, as an entrepreneur you have the opportunity to do something better. You can CREATE the future.

Good things for anyone to remember. This could be applied to so many opportunities one has.

Another thing I would like to add. Know and be ready for the risks.

Two of the points are really interesting.
About failing, getting up - and stagnating.

An interesting blog, gives food for thought. It made me think. Thanks Rose

thanks
Steve Spalding

Two of the points are really interesting.
About failing, getting up - and stagnating.

The keys have to be - fail in the field, not on paper. Too many ideas never get far enough to know whether they work, and fail fast.

That is why the web is such a wonderful place - you can find whether traffic is there in principle, and in practise even by firing traffic at other peoples sites using adwords. You can do a test to see whehter the traffic is buyers. You can then and only then build the infrastructure to see whether to scale up to the idea.

See the site in my signature, for the moment that is a traffic test.

There is a good business in catering trailers, and a good business in supplying the information. The website allows me to find out what information the visitors want and whether they are buyers.

This way I can fail a lot quicker than building a fully fledged business, first and HOPING people come.

It is a ll about failing fast and cheap, then turning the winners into winning businesses

As an entrepreneur, I tried my best to come close with every perfect decision I made although there's no such thing as perfect. It's always a gift to have good decision making which leads into good outcomes and results to a successful business.

Good points . Thanks .

I'm a small time entrepreneur and I should know this 6 things. Do I always come close to my objectives? Well, so far I can say I am doing good however there are so many things to be done. Thanks. ;-)

1 more thing , u cant predict what is really TRUE , u can just get close ;)

6 Simple Tips! NICE! and memorable!

An enterprenuer should be update all the time to accept the chalanges in the market. He should know the customer needs and thus regularly update the products so as to achieve the desired output. It's true that "Stagnation is Death".

Thanks for these useful tips. I think your post is indeed helpful and i love all your points. One should review his success and failure every day and not merely at the end of the year.

I will reccomend you to my collegues. As part of my ongoing mission to find the absolute best tools to make money, this is without a doubt at the top of my list. entrepreneur is the next killer ap.

Entrepreneurship is not an easy task, it is something that you must consider continues learning and understanding with every aspects about it, just like this one. Nice post brother.

4th one is really good one

"Everyone has something to say, everyone is interesting. It’s up to you to have the humility to accept this and learn from as many people as you can."
I agree with this. In order for a business to be successful, we should always be open to other people's ideas.

Wow good post! I agree with everything on here. Humility is huge to learn from everyone, and take all the good things out of every situation.

Thanks for the helpfull tips. One should review his success and failure every day and not merely at the end of the year. We fail almost every day.

"Stagnation is death", it's purely correct for an entrepreneur. If you can't change your way of thinking, then you are fired from the market. You have to think about new business plans, to update your skills and so on..

thank you.

One should also note that it costs five times as much to sell a new customer as an existing customer and Selling what your customers need, instead of what they want, can lead to failure.
You should not think that product superiority, technology, innovation or company size will sell itself.

thanks for the tips, steve.

A few of these are valuable, though a few seem a bit unexamined. In particular, though, the idea that something can be learned through repetition is patently false. You might remember something, sure, but being able to recite something is not equatable with understanding it.

I wasn't referring to rote memorization. I was referring to "learning
through use," more specifically learning through the repeated use of a
skill. Whether you are learning to roller blade or to sell life insurance,
the biggest hurdle is getting a sufficient amount of the task "memorized" so
that you can start focusing on the art rather than the logistics.

Artists make great art by making a lot of art.

Writers write great works by the repeated application of their writing
talent.

Business people build better businesses after applying themselves to many
projects small and large.

I think I may have oversimplified for the sake of making the post shorter,
but the basic idea is that to learn anything you need to apply it over and
over again until it becomes second nature. Only then can you really use it
for something valuable.

I hope this is a bit more clear and thanks for the comment.

This is a really excellent read for me. Must admit that you are one of the coolest blogger I ever saw. Thanks for posting this useful article.

Very interesting stuff to read. I love all your points. Failure is to make one perfect.

The Time is running very fast but there is many things we have to remember, we have to do that this is a 21 st century and we can make it great century ever came by our work, thoughts and new inventions in favor of men and nature. then you can say that 2009 is not going, 2010 is not coming coz it is a real time ever.

Can't agree more with point nr 3 -> 3. You’ll fail over and over again :)

A great post with useful tips. Definitely an enterprenuer gets help through your data.

Don't go on my keyword included name.This is not a spam comment i really liked your blog.As a Entrepreneur it is really hard to be the very best.There is no place for mistakes though u learn from them

i'm a frustrated entrepreneur and i think your post is indeed helpful

thanks for the tips, steve! here's to a year filled with failures and mistakes- a wonderful one, indeed.