Why It’s Important to Surround Yourself with Like-Minded & Positive People

I'm sure that you all are familiar with this quote "No man is an island." It just simply means that we cannot live alone. We're not created to live by ourselves and for ourselves. We need each other to survive, live, and enjoy life. Each and everyone of us has something to contribute, something valuable to offer, to make this world a better place to live in.

This is why social networking has become such a huge hit because it is all based around the concept of building relationships.

Believe it or not, we are who we are today because of the influence of people who surround us...our families, friends, and business relationships or relationships in our workplace. There is so much power in association.

Our knowledge and experiences have been contributed by other people whether it's through personal affiliation or through books. On the other hand, people that we surround with may have one way or another learned something significant from us which made a difference in them. 

But as much as the effects of associating with other people is powerful, you must choose wisely on who you will associate yourself with. Keep in mind .. Birds of same feathers flock together.Eagles fly with eagles. You never seem them hanging out with chickens. Ducks with ducks, sparrows with sparrows, pigeons with pigeons. 

When you become friends with someone, you allow that person to influence you, to contribute to your learning process, to provide value in your experience in life, and vice versa. That's why it's important to surround yourself with like-minded people.

See if you hang with people who constantly think negative stuff, it's only a matter of time before you find yourself thinking constantly about negative things too. If you hang with people who whine about other people or about their situation, before you knew it, you're the same way. 

Remember that you can only give whatever you have. So if what you have is just negative, then those people that have allowed you to surround them will only Let me tell you a quick illustration. 

This does not mean though that you will not make yourself available for those who are less stronger than you are or have less knowledge than you do. Because at one point in our lives, someone stronger than us, someone better than us, someone more experienced and more knowledgeable than us, invested their time and knowledge in influencing us.

The key is to create a good balance in your associations.If you're a starting entrepreneur, make sure to associate yourself with like-minded people. 

Remember that you have the power to influence people and vice versa!

Surround yourself with like minded people, or successful people.Whether its to create a more balanced lifestyle,travel the world as an entrepreneur, start a new company,invent something new to the market place or complete a  goal or dream.

You must surround yourself with like minded people, or successful people. This is a very powerful way to support your dreams.

Mistakes Made by Small Business Owners

Entrepreneurial ventures are fraught with missteps, mishaps, and mistakes. The key to your success is to quickly identify your mistakes, learn from them, and prevent the same mistakes from happening again.

Most business owners fall into the same traps. It’s those mistakes which could make the difference between owning a successful and viable small business.

So, what are the biggest mistakes owners make when starting and managing their small businesses? 

Trying to Do It All

The greatest mistake entrepreneurs make is to believe they can do it all by themselves. While an entrepreneur can do almost everything, they do almost everything poorly. Just like any other person, an entrepreneur has one or two natural talents. As an entrepreneur, it is your job to identify those talents and focus on them to your fullest. Surround yourself with people who are strong where your talents are weakest. Great companies are built on the foundation of exploiting a few strengths, not on trying to be masters of everything.

Not Being Forthright

The anonymous nature and grand size of the Internet allows people to share anything with anyone at anytime. If your business tries to cover up a mistake, it is just a matter of time before word leaks and you are labeled a liar. That's not good for business. Be the one to break your own bad news, and you will be perceived as honest and trustworthy.

Having No Clear Marketing Strategy You 

You never know where, when, or how a new prospect is going to hear of your business. If you have a mix of messages out there, the prospects will have an unclear expectation of what your business can offer. Your company must present a consistent, clear message on all fronts. You will never get a second chance to make a first impression. Make sure every new prospect who sees your business for the first time receives the same, consistent message.

Cutting Prices

Often, the first thing entrepreneurs resort to when business is tough is to try differentiating on price. Cheaper prices mean more customers, right? Wrong! Most customers are willing to buy more expensive items because of the greater quality or the added convenience. During tough economic times, an increase in price, coupled with improvements in quality or convenience, can drive customers to your door. Price slashing is a dangerous game, which could lead to slashing employees or salaries to keep costs down.

Having No ‘Rallying Point’

There is a reason why employees leave high-paying corporate jobs to go to start-ups, and it's not for the money. People are driven to serve an important purpose, in addition to getting a paycheck. Many businesses never define their real purpose for existence, and continually attract a mix of employees who are seeking success in different ways. Clarify the purpose of your company, beyond just making money, and you set the stage for attracting like-minded employees. A team focused on the same goal is a very powerful force.

Setting Unrealistic Financial Goals

If all business plans came true, being a billionaire would be nothing extraordinary. Many entrepreneurs go into new ventures planning astronomical returns. Yet most never even get the business off the ground. Unrealistic goals not only hurt your credibility, but can also be an emotional drain. Set specific, measurable, accountable, realistic, and time specific (or SMART) goals to ensure continual progress. If you do this, your chances of being an overnight success (in 15 to 20 years) are much greater!

Being All Business, All the Time

Many entrepreneurs put their personal lives on hold to focus exclusively on their businesses. Ultimately, both suffer. There is no question your business needs your full attention and effort, but only in short spurts. Just like an elite athlete in training, you need to have a proper, healthy diet, get enough rest, and take breaks. Balance your personal and business life, and you will actually do better in both.

Being a Weak Leader

The success of your company is contingent on you being a strong, effective leader. This does not mean you need to be an authoritarian, but you also shouldn't be everyone's buddy. A great leader sets the course for the company, communicates it constantly, and inspires the team to get to the next level.

Assuming You Have No Competition

Even if you have the latest, greatest, never-been-done-before approach to something, don't assume that you have no competition. Competition is more than just the direct, obvious competitors. Competition is also all the available alternatives. What else could the consumer do instead of using your product or service? Could they do nothing? The customer almost always has the option of walking away. That alone is a serious competitive threat.

Trying to Get Rich Quick

Overnight success usually takes 15 to 20 years to achieve. If you go in expecting to be rich overnight, you may become discouraged early on and give up your dream prematurely. 

Know that success takes time, perseverance, and a little bit of luck. Give your business the time to grow. Only if your company is stagnant for a long time should you take it as an indication that you need to try something new.