What prevents you from achieving success? Is it lack of a brilliant business idea or a solid business plan? Something else, maybe?

Below are some obstacles that will prevent you from achieving the entrepreneurial success you have always wanted.

1. Yourself

You have the power to define your own success. If you are positive and have faith in your leadership and visionary abilities, you will inevitably be able to captain your business to profits. [click to continue...]

Just because optimism is the ideal and is a huge driver to your success, does that mean it is easy stay positive?

Is there some special optimism button that you can turn on like a light switch?

The answer, unfortunately is no and the sad truth to remaining optimistic is that it is not always so easy. Bad things do happen, workloads can get you stressed out and not everything is always rosy-colored. [click to continue...]

Does knowing how to do something necessarily mean you care enough for something to get done?

What if you know nothing about a given project, subject, department or industry, yet you are motivated to learn or succeed in this area? Does this impassioned person stand a greater likelihood of flourishing than the individual who already knows the subject?

In this post, I will describe why being motivated and having passion in a given area is a much more powerful driving force than having the “methods” to getting something done. [click to continue...]

Can you succeed without being profitable? The sole purpose of going into business is to make money—to achieve outputs that exceed your inputs.

However, most businesses take some time to become profitable. In fact, it takes a long time for businesses to even make any serious revenue or sales.

To that end, it can be difficult to stay motivated if you aren’t achieving the primary goal of going into business. Because of this, it is important to understand some other great success measures that will keep you motivated and optimistic while you work to become profitable. [click to continue...]

There is an excellent article posted on the Four Hour Workweek Blog discussing the manic depressive tendencies of entrepreneurs. It is really a great read and touches on a lot of what I have written here.

The article describes (and demonstrates graphically via a Transition Curve) the periods of mania (high energy, optimism) that entrepreneurs go through at different stages of their business’ life cycle, followed by periods of depression (and pessimism).

What leads to periods of depression? [click to continue...]