Home » Starting Up » Start up Guidance » BusinessLink Newsletter: 2 Secrets to building a sustainable business; Last chance to enjoy 40% discount on BusinessLink Premium Club membership;

BusinessLink Newsletter: 2 Secrets to building a sustainable business; Last chance to enjoy 40% discount on BusinessLink Premium Club membership;

Categories

Archives

Blog Stats

  • 70,981 hits

Follow us on LinkedIn

Top Clicks

  • None

Blog Stats

  • 70,981 hits
Follow SME BUSINESSLINK COMMUNITY on WordPress.com

Categories

2 Secrets to building a sustainable business;

breakfast april2Last Wednesday, 24th April, Milton Kamwendo, CEO of Innov8 Inspiration Group, spoke at the BusinessLink Networking breakfast on how to build a sustainable business. This is a very pertinent subject because so many people are struggling in starting and growing businesses in the current tough economic environment.

Milton has a way with words. What he said is not something entirely secret or new, but it is the way he said it that made see myself and the world in a new perspective.  Other participants admitted that they had been inspired to see things in a different light.

In this article I will touch only on two things; we are working on uploading the whole session on to our website, once we convert it into the easily downloadable MP3 format, likely by Thursday morning. If you would like it on CD, just send an email to marketing@smebusinesslink.com.

 

Focus and discipline

Now, two of the most important things that lead to business success are focus and discipline. Today we live in a world that is obsessed with a “quick fix” culture. People don’t want to learn, they want to be told exactly what to do and how to do it. You get people saying things like, “If only I had money…..”

Some even ask how they can get a loan or how to approach someone to invest in their business. A number of people have actually sent me emails asking what type of businesses to start with the capital they have, or what businesses to start that don’t need much capital.

No one will give you answers on to how to raise money for your business, or how to get more sales and make more profit. But you can read the advice of experts and learn from the experiences of others. It takes focus to think about what you really want to achieve and acquire the necessary knowledge and discipline to work hard and get results.

Focus and discipline are hard to come by these days. Why? Because focus and discipline are hard. It is much easier to give in to distraction and instant gratification. It is easy and addictive

Engaging yourself and others in mindless distraction is a waste of time and energy. What you read in the newspapers or watch on television are people doing their jobs. Politicians  talk and create scandals so as to be seen and heard, or else they will lose relevance. Film actors and singes are working to make money.  They don’t care about you. The people who care about you are your loved ones and your close friends. You should worry abut caring and pleasing your customers, as they are the ones who give you the money.

Spending too much time on distractions will keep you from focusing on accomplishing the great things you want to achieve if you set your mind to it. There is a business concept called opportunity cost. When you choose one course of action you miss out on all the other opportunities you might have chosen to pursue but didn’t. In whatever activity you engage in, think about the opportunity cost. What could you be doing that can move you a step forward in building your business?

Focus and discipline is what it takes.

 

Share this article with others in your network.

 

BusinessLink Premium Club membership  at 40% discount ends today

BusinessLink is a network of high performance entrepreneurs who want to accelerate their growth. We provide insights, resources and opportunities to grow your business through the BusinessLink monthly magazine. You also get to connect with other entrepreneurs at the monthly networking breakfast meeting and other events.

If you haven’t submitted your membership form for the BusinessLink Premium Clubs, you may do so at our website or follow this link to choose your most appropriate package.

 

Advertisements

1 Comment

  1. trust nzuma says:

    thnx so much milton. today i am going to focus on my business

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: