N26 Business Academy

21/08/2017

There are many fears that interfere with our happiness. We fear:

Loss of of love
Loss of job and financial security
Embarrassment or ridicule
Criticism of any kind
Loss of respect
BUT did you know that the fear of failure is the single greatest obstacle to success in adult life?

Failing brings about feelings of disappointment, frustration, regret, and shame. The most common reaction when you have fear of failure is having the attitude of, “I can’t, I can’t.”

Nobody wants to fail. But having a fear of it will cause you to become so preoccupied with avoiding failure that it overrides your motivation to succeed. If you have a fear of any of the things listed above, what you’re really afraid of is failure.

And this fear will only paralyze action, making you play it safe all the time and settling for far less than you are truly capable of having.

The second major fear that holds you back from success is the fear of rejection.

All fears are learned. No one is born with fears. We learn the fear of rejection when our parents make their love conditional upon our behavior. If we do what pleases them, they give us love and approval. If we do something they don’t like, they withdraw their love and approval, which we interpret as rejection.

As adults, this conditional love causes us to become preoccupied with the opinions of others. We may have developed Type A behavior where we are hostile, suspicious, and obsessed with performance to some undetermined high standard.

The most common attitude with the fear of rejection is, “I have to, I have to,” and it is associated with the feeling that “I have to work harder and accomplish more in order to please the boss” or anyone with authority over you who has become a “surrogate parent.”

Overcome these two major fears and fuel your success with courage, character, and self-esteem.

The antidote to fear is actually love, self-love, and self-respect. Acting with courage in a fearful situation is simply a technique that boosts our regard for ourselves to such a degree that our fears subside and lose their ability to affect our behavior and our decisions.

As it happens, it is not the experience of failure or rejection that holds you back. You have failed and been rejected countless times in life and it hasn’t done you any permanent damage. So resolve today to not let this terrible emotion undermine your happiness and hold you back anymore.

Increase your self-esteem and self-confidence in 2 steps:

Realize and accept you can do anything you put your mind to. Repeat the words, “I can do it! I can do it!” whenever you feel afraid for any reason.

Continually think of yourself as a valuable and important person. Remember, temporary failure is the way you learn how to succeed.

- BRIAN TRACY.

17/08/2017

07/02/2017

HABITS OF HIGHLY SUCCESSFUL BUSINESS PEOPLE (8)

HABIT 8: THEY PERSEVERE

Highly successful business people habitually persevere. They have a high capacity to be patient and to endure.

Perseverance is a habit or commitment to patiently endure difficulties without giving up, until the desired goal is achieved. It is the steadfast, patient pursuit of an objective irrespective of the obstacles encountered until you get what you want.

Highly successful business people have had to deal with at least one failed business to their names due to either low quality ideas or bad planning and yet they made a commitment to keep on going until they became successful. Giving up their dreams or visions is NEVER in their thoughts. They have come to realise that failure is an essential ingredient in the formula for success and therefore will NEVER allow occasional failure or obstacles to stop them.
Oppositions of all kinds are a part of life and as long as we have dreams and visions, there will always be oppositions. But successful people are those who are able to persevere in the face of opposition until they overcome.

The difference between history's boldest accomplishments and it's most staggering failures is often simply the commitment to the will to persevere. It takes the hammer of perseverance to drive home the nail of success.

Highly successful business people habitually persevere in the face of the stiffest opposition and challenges and make a commitment to keep on going until they achieve success.

07/02/2017

Get started! http://roe.onl/IMiTCp

01/02/2017

HABITS OF HIGHLY SUCCESSFUL BUSINESS PEOPLE (7)

HABIT SEVEN: THEY ARE VERY DILIGENT

Highly successful business people are habitually VERY DILIGENT.

Diligence is simply defined as PURPOSEFUL, RESULT- PRODUCING HARD WORK. It means totally and continuously investing your best resources (in the form of your skills, aptitude or know-how, excellence and time) into your business so as to achieve the success you desire.

All worthwhile and celebrated achievements in business have their foundation in really hard work. Great successes are preceded by a long period of purposeful, focused hard work. There is nothing like 'overnight success '. No one excels in anything they have not invested time, effort and resources into. No man mistakenly finds himself at the top without consciously working to get there. No one mounts the Olympic Medal Podium suddenly.
Success in business is an uphill task which places a demand on you and until you respond to this demand through hard work, you won't experience it.

Highly successful business people are always ready to pay the price of hard work in other to reap the dividend of success. They are always ready to get on with the job and do what needs to be done, when it needs to be done and fast. They overcome procrastination, push aside fear and launch completely towards the achievement of their goals. They are not afraid of hard work and are always willing to roll up their sleeves and get the work done.

Highly successful business people are very diligent.

31/01/2017

It's never too late to pursue your dreams! http://roe.onl/NZJTRw

24/01/2017

HABITS OF HIGHLY SUCCESSFUL BUSINESS PEOPLE (6)

HABIT SIX: THEY ARE HIGHLY DISCIPLINED

Highly successful business people are very disciplined people. They clearly understand the importance of discipline and self-control.

To be disciplined means to consciously exercise control or order over your self, mentally, morally or physically through training. Discipline is the wall that protects your vision by keeping in the good things necessary for the actualisation of your success while keeping out the bad things that could destroy your vision.
Most people want to succeed in business because of the reward they perceive they will get but they fail to realise that you cannot get to the top without discipline. You must be willing to give up something in other to go up. There is a price to be paid for you to get to the top and highly successful business people are always willing to pay that price which other people are not willing to pay. That is the price of DISCIPLINE.

They consistently do WHAT THEY HAVE TO DO EVERYDAY irrespective of how they are feeling on any particular day and consistently AVOID WHAT THEY HAVE TO AVOID EVERYDAY irrespective of how appealing it might be at any particular time. That is the price of DISCIPLINE. Successful business people make hard choices and pay high prices of discipline knowing that the higher up you go, the greater the discipline required.

They are disciplined in the areas of respect for time, diligence, spending, sleep, response to criticism and integrity.

Highly successful business people are highly disciplined people.

18/01/2017

HABITS OF HIGHLY SUCCESSFUL BUSINESS PEOPLE (5)

HABIT FIVE: THEY LOVE KNOWLEDGE ACQUISITION

Highly successful business people are habitual and avid knowledge seekers.
Knowledge can be defined as a range of information available to an individual concerning an area of interest to that individual. It can be expanded by gathering or accumulating facts or data.

Highly successful business people deliberately and consciously acquire necessary information, facts and data relevant to their line of business in other to greatly increase their chances of success, minimise errors and losses and be as profitable as possible. They are lifelong learners and constantly work at educating themselves about their business formally, informally and experientially. They know that their level of success in business is a function of their depth of knowledge about that business.

Knowledge acquisition in business is in two phases.
Firstly, you need adequate relevant knowledge before starting out. Myles Munroe said " Knowledge must always precede or come before action is taken or else much time and effort will be wasted through misguided efforts and dead-end directions". Gather all the information you can lay your hands on about your business BEFORE you start or launch out.

Secondly, you need to constantly update yourself with relevant knowledge as you proceed in your business or else even the knowledge at your disposal will quickly become obsolete. Every successful business person gathers new knowledge constantly to remain competitive in an ever-changing market place. Peter Drucker says "knowledge is the source of all competitive advantage".

Successful business people know that in today's fast-paced, information and knowledge-driven world, yesterday's breaking news is today's stale news. Therefore, to remain relevant and competitive, they are avid and tireless learners.