One of the traits that often goes overlooked of successful entrepreneurs and sports stars is not so easy to detect, but ranks high as one of the most important features that mark the winners--and conversely, the losers.
This is the ability to adjust.
As both a boxing trainer and an entrepreneur myself, I have learned some important lessons.
Failure is often the result of the inability or the unwillingness to adjust when things are not going well.
Many business owners or athletes, for example, continue to do the same thing even when they are losing.
This is usually due to one of two factors, or both--the lack of imagination or an ego that cannot admit fault.
If you are going into business for the first time, or are already in business but not succeeding, begin to analyze and examine your own ideas and beliefs about your operation.
Sometimes, all that is needed is a little tweak in some aspect of your business that isn't working.
If every sports team that finished a season with a losing record went into the next season without making any adjustments in player personnel or coaching staff, what would be the result Succeeding in business is not easy.
It takes time, perseverance, dedication and hard work.
The same is true for any winning athlete.
Imagine your business as if it were a professional sports team and do what front offices do when they have losing seasons.
Make adjustments, adapt to changing circumstances, and master the basics.
You are in it for the long haul, not the short term fix.
Begin to alter your thinking on the inside and the outside will change.
Take action.
You can do it!