Success in business is not vague or abstract. It is measurable and absolute. What’s the process then? I’ve experienced and seen three things hold people back from starting and succeeding in business; fear, money, and lack of knowledge. We have discovered how to overcome fear and lack of money. Let’s move forward and understand the knowledge component of how to succeed in business.
Of the three obstacles, lack of knowledge is the hardest. In my own experience and in the process of coaching others, I am certain that stumbling into creative non-traditional or innovative skills is impossible. In my specialty of homebuilding, it was essential for me to gain mastery of dealing in real estate, evaluating business opportunities, managing employees and investing. So, how do you gain knowledge?