The 5 Secrets To Business Growth in a Competitive Market - Part 05 of 05
Success in business isn’t just about products—it’s about the mindset behind them.
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Quick recap
I was invited to a business networking event where I met a business owner who’s been in the business of sales of computers, laptops, technological peripherals and accessories to corporates and business clients for the last 25 years.
I had a conversation with him to know how he has managed to survive and grow his business among all the competition, rise of e-commerce, etc.
In this 5-part series, I’ll be sharing 5 principles he shared with me that has helped him grow his business.
This is the last part of a 5-part series. The links to the earlier parts are shared below.
Introduction
When you’re the sole proprietor of your business (which is the case with most businesses around the world), the buck stops at you for most, if not all things in the business.
This can get extremely overwhelming, stressful and even daunting.
In this scenario, the best way forward is to build a personality, attitude and mindset that becomes your biggest strength.
This may seem too philosophical, but when you introspect, you’d realise this is the biggest strength of business owners who manage to unlock massive success over other business owners in their domain/ competition.
Let’s double click on this idea and discover how this works.
The Fifth Principle: Become a better human
The magnitude of your business’ success is directly proportional to how much your customers, your vendors, investors, team members resonate with your personality and your character.
While you will have to deal with people from all walks of life and across the spectrum of all human emotions, your personality and character will have to be similar and consistent with everyone all the time.
This is one of the most crucial, difficult and essential tests for every business owner.
Your reputation will precede you at all times in the industry.
People will talk about you, your behaviour, your attitude and how you are as a business owner, just as much as the principles and policies of your business.
There is no alternative to being a nice human being and it’s the nice humans that tend to become the best business owners over time.
Conclusion
There is no one size fits all method for anybody to work on this principle.
For some, this happens when they focus on their mindset, while others could find a significant change in energy by getting into spirituality while others could find their solutions through a mastermind.
The best way to discover what works best for you is to try everything one by one.
I know this may sound overwhelming, but it's better to serve you the honest truth, even if it’s difficult than to give you a fake answer, just because it’s easier to digest.
If you resonate with my mindset and my thoughts, you can consider an exclusive 1:1 consulting contract with me. Want to know more? Feel free to reach out to me and let’s connect.Your Thoughts!
If you’ve reached till this point of the post, I’m sure you must have some thoughts/ feelings/ opinions about what you’ve just read.
I’m done sharing what’s on my mind, and now is your turn to share your POV.
Tell me how you are processing the information that you’ve just read?
Do you agree with my thoughts?
Do you think I missed something important?
Do you disagree with something in particular?
Let’s continue this conversation (or ask your questions about the post) in the comments below.
Keep Going Keep Growing 🚀
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Link to the earlier parts of the series
The 5 Secrets to Business Growth in a Competitive Market - Part 01 of 05
The 5 Secrets to Business Growth in a Competitive Market - Part 02 of 05
The 5 Secrets to Business Growth in a Competitive Market - Part 03 of 05
The 5 Secrets to Business Growth in a Competitive Market - Part 04 of 05
Prompt used to create the image for the note
P.S.: Image made on Meta AI using the prompt, “Imagine a business owner who sells computers, computer accessories and peripherals meditating in his/ her cabin”