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The secret of success in business

That's a question I've heard a lot in the past and I believe many of you would too. What is the secret of a successful business ? First of all, I'm surprised that people think there is some sort of a secret ingredient that would make a business successful and that is you're missing this very unique ingredient, you're business will fail. That would give business losers a good excuse other than themselves to justify their tremendous failure: "I haven't uncovered the secret of successful business yet". So well, it's not your fault, let's moving on: keep searching. That's a typical reaction of someone who hasn't really understand what a business really is. For those kind of people, a business is something that will bring fortune to his owner if he master the secret ingredient and a good dose of luck.  I am always bemused to notice how many people identify the reason of success of certain businesses: it's either luck or ha...

First Things First - One Step At a Time - The secret for building pyramids

My Grandfather was famous for being able to draw plans and projects for all of us at various stages of our life, but Grand-Ma was nearby to calm things down with her legendary: "One day at a time, Henry !" When we build up projects in our life and become enthusiastic about it - would it be the next holidays, buying a new home or setting up a business- we have this incredible tendency to not focus on what is essential. We take the good points and dream about it. That's a good feeling I would admit, I do that everyday. Envisioning what your life would be in a near future is good. That helps you to get the necessary motivation to put things on the move and accomplish what you dream. Self development books are full of quotes about dreams. Dreaming is a way of travelling in the future at no cost... but not at no risks. Keep you head in the sky but your heels dug in the ground. Echoing yesterday's post about  the importance of planning , this post is about the i...

Who fails to plan plan to fail. The importance of a Business Plan

Your journey to success begins by learning how to plan. I can't emphasise enough on the importance of planning in our everyday life. Some people sent their entire life wondering why some people are more successful than others and my explanation is quite simple: successful people do plan. Failure is something natural and should not scare people. In order to mitigate risks of failure, one technique that will never disappoint is planning. Plan for everything and you'll live a better life. Planning is a proven process to improve things, however it's not taught at schools and we are not doing it naturally on the most efficient way. The benefits of planning in your everyday life will soon offset the hassle of doing it. Process of planning is quite easy: 1. Resources Valuation. Before acting, stop and think. Deconstruct the task, job, project into several steps. Then evaluate the resources that would be needed to accomplish each step. Available resources are: ti...