The Top 5 requirements for Success

Necessary Elements for Business Growth

Reflecting on the past 10 years of coaching, if I had to pick my top 5 requirements to achieve success, here’s my list:

1. Time

Your ability to plan, prioritize, know your 80/20 (which 20% of your actions give you 80% of your results) and delegate will be key to your success. Only time spent doing valuable activities counts towards success. No-one achieved their goals by focusing on filing and bookkeeping (unless you are a bookkeeper 🙂 )

2. Energy

Physical, mental, emotional, spiritual. Hours worked is not the measure. It is the effectiveness of those hours. Are you alert, motivated, passionate and physically energized? Knowing your limits, how and when to recharge is a personal recipe. Know yours for best results from your hours invested.

3. Knowledge

You can only do what you know. And often what we ‘know’ is not always the right thing. Sometimes unlearning is the right first step. Keeping an open mind is crucial and avoid falling into the trap of thinking you know. You are more likely to do this the more successful you become. Continually invest time and money in growing your knowledge base. It is said that knowledge is power. Not quite. Knowledge is potential power. Maximize your potential power by growing your knowledge.

4. Confidence

To be gained through continuous small wins. Growing your knowledge; being very intentional in your self-talk; being selective who you hang around; these are all ways to grow your confidence. Growing confidence is a gradual process. Be consistent and intentional. The payoff – an increase in confidence has an exponential effect on your results.

5. Taking Action

You could excel in the first 4 points but if you don’t do anything then the results are zero. If you apply yourself in the base 4 then take massive action … results are guaranteed. Not always at first, but over the long run your path will be in the right direction. Remember the line to success is not straight. When things appear to be going sideways despite your work on all 5 points, remember to have faith in the principles shared here. They ALWAYS work in the long run.
What is your top 5?

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

More to explore

Theme for 2020

Why You Need a Theme for 2020

Do you have a theme for 2020? Each year I like to have a single word that helps me stay focused on what I want the year to mean to me. This year, my theme is “doubling”, or more specifically, doubling everything that is good for me.  So contrary to what my inner self might

Podcasts Feature Image

10 Podcasts To Make You Better in 2020

Anyone who has worked with me, knows my passion for learning runs deep. Professional development for entrepreneurs is likely one of the most underutilized tools available to business owners, yet it’s one that can make a major impact on a business. Many business owners don’t think they have the time to dedicate to learning when

Illustrative example asking is business coaching worth it?

Is Business Coaching Worth It? What You Need To Know

So, is business coaching worth it? We get A LOT of questions about business coaching. Given the relative newness of business coaching as an industry, this isn’t surprising. This makes sense, given how much we’ve been asked, “is business coaching worth it?” However, we have found that the information can vary widely—shockingly so, in some