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Monthly Archives: May 2009
Rule 8: Perseverance Tycoons go the extra mile. Perseverance, sheer determination and tenacity are core characteristics of the mindset of a Tycoon. Successful entrepreneurs battle against all the odds to build their business and always appreciate when it is time … Continue reading
Rule 7: Timing Anticipating the changing needs of the market and partners is crucial. Timing when to enter a market or not will help optimise success, as will knowing the right time and circumstances to start your business.
Rule 6: Take action Action is the bridge between your vision and results. Action involves figuring out how to get from where you are now to where you want to be. Without action there would be no results.
Rule 5: Aim for results Tycoons make things happen. They are driven by results. Planning for your success is as important as achieving success. You need to know exactly how you got there so your success can be duplicated, scaled … Continue reading
Rule 4: Make a commitment Committing to follow through once a decision is made is an invaluable ally on your road to success. Be prepared to work hard and make sacrifices. Commit to a common goal and make it happen, … Continue reading
Rule 3: Build your confidence If you don’t believe in yourself or your idea, why should anyone else? Gain confidence through gaining experience, skills and knowledge. Change your perception of failure to realise that it provides feedback. Feedback provides essential … Continue reading
Rule 2: Use your influence All businesses need business partners to grow. Tycoons know the importance of filling the gaps and weaknesses in their own skill set or business idea, by finding the parts of the jigsaw puzzle to create … Continue reading
Peter Jones is a proven businessman and star of the BBC’s Dragons’ Den. He is also a judge for the BT Business Essence of the Entrepreneur 2008 awards. His entrepreneurial journey started early when, at the age of 16, he … Continue reading