How to Quickly Propel Your Business Ahead of the Competition

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Sometimes trying harder is not enough. You feel like you are making all of the right moves but you still fall short. You have heard the term work "smarter" not "harder". So, what does that look like? How do you find success with your business or project? The better question is, "How do you reach success for your business or project in the shortest amount of time?". Today I'm going to show you what it takes to quickly propel your business or project ahead of the competition.

Do you ever wonder how people like Donald Trump consistently build successful businesses? Despite failing many times and filing bankruptcy he bounces back and rises to the top. Have you heard the phrase, "It's not what you know but who you know?" That is certainly a key factor in Mr. Trump's success. I'm not saying the he is not a smart guy. On the contrary, he is very smart in that he knows who to turn to when he needs to get something done. The more smart people you surround yourself with the better.

So, step number one in quickly propelling your business ahead of the competition is:

1. Surround Yourself with Smarter People

Create your own mastermind group with an expert from each part of your business. For example, a real estate investor's mastermind group might include an attorney, banker, real estate broker, and contractor. Having experts will allow you to get the job done quickly.

2. Consult your experts but don't let them do all the thinking

This has been a huge issue in personal finance. People feel overwhelmed by the complexity of managing their stocks, bonds and mutual funds so they set it once and forget about it. We end up placing all of the power with the financial planner who may or may not have our best interests at heart. While we want experts to turn to, ultimately, we should be the decision maker.

3. Don't Get Too Comfortable

The muscles in our body will not grow unless we break them down and stretch them further than they have ever gone before. Likewise, our business or project will not grow or reach it's full potential until we try new things. "Think outside of the box" has become so cliche that I hate to say it. I would rather encourage you to be constantly on the lookout for new ideas. A lot of great ideas come as a result of filling a need. And most come from unlikely places.

We can't solve problems by using the same kind of thinking we used when we created them. - Albert Einstein

4. Maintain a Rhythm

Fresh ideas have always come to me while I am on vacation or directly after I have taken a vacation. It is important to keep a natural rhythm to your business flow. You can't swim under water 100% of the time. You need to breathe or you will drown. Even if it's just a day or two away from the project, do it. Engaging in another activity or simply relaxing on the beach may be just what you need to find a new perspective on your task.

Taking a business to the next level takes work. You can save yourself time by doing it right the first time. Surround yourself with smarter people and form your own mastermind group. Rely on their expert opinion but then make the decision yourself. Take ownership for successes and failures. Don't get too comfortable when you are experiencing success. Enjoy it but keep stretching yourself to create something even bigger. When you feel the burn and need a break, take it. The time away may just be what you need to propel your business even further beyond the competition.

Craig Kelley

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Craig is the author of How to Get Out of Debt and an avid blogger. He strives to help people maximize their time and succeed financially as well as personally. He has been a leader in several start-up companies including Mokumax Virtual Domains & Servers, Inc. and currently HealthcareSupplyChain. Read more...

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