Before making my million Rand move, I need to plan what I’ll do with it once I have it. This is why it’s so important to adjust my mindset beforehand and have a plan for what percentage I’ll spend, save and invest. Even how I’ll scale myself while building a plan, because nothing in life goes exactly according to plan. In my mind when I'm halfway to reaching my goal, I planned on implementing my money plan. For the percentage I invest, will it all be invested in my business or other investments also?
As I get about 80 percent of the way there, I planned on re-evaluate what I really want, because I know the situation changes after one earn those first seven figures. I also planned to keep my eyes peeled and my ear to the ground for the next opportunity to expand my business. Where’s the money, where’s the next revolution, where’s everything moving toward? As I continue to hone my skills at more quickly figuring out who has the background, budget and willingness to buy from me or help expand my business. Too many people get caught up in the long-term opportunities sacrificing everything today. I’m willing to sacrifice 30 percent or 50 percent today for the bigger long-term opportunity but I won’t sacrifice 90 percent. Getting some money today is important for my mindset. Where is the money flowing? How do I find the money? I pay attention to social media, economic shifts, hot new trends and what’s in. One mutually beneficial way I do this is by mentoring young entrepreneurs. I observe new trends they’re high on. They benefit from my business experience. I realised that when I chose this path, my mentoring benefits them and their trendiness has become invaluable to me.
I always look at the bigger picture to improve my business. One thing is to take care of my customer’s needs, answer their questions and provide human support for them. Legendary customer service is rare these days so it’s a neglected way I stand out above my competitors. I allow people to understand who I'm and I work with integrity. I respond to questions quickly and efficiently so they’re confident that’s how I do business and will continue to do so in the future. This is one thing I did get right throughout my entrepreneurial journey.
I also discovered that It’s much easier to work with fewer people who pay me less than a ton of people who pay me more. Therefore I partner with people who support me and have my back, those who don’t let money be the sole driver of the relationship. I learned that the way to earn trust and deepen these relationships is through mutual respect which makes it easy for me to walk away from certain deals. Identifying and creating strategic alliances is another thing I have done well from the start. The final thought that fosters my plan is my intention to build a quick and nimble business that could adapt in this crazy, fast-paced modern world. I sought mentors who had already achieved what I'm looking to do and followed their advice. Remember, knowledge isn’t power. Applied knowledge is power. I therefore, foster a culture in my business that encourages failure because I'm reaching for big ideas. I always learn from those failures and emphasize to each of my business partners that the main goal is co-creating opportunities together. This builds trust that I’ll have their back during tough times and they’ll do the same for you.....