Enterprise Nation

Colin Thompson says regardless of your industry, when his strategies noted here are applied, they can shorten your learning curve and be a catalyst for success. They are taken from interviews with many a successful person such as someone who has climbed Mt. Everest and another who has become an established author and humorist.

Passion

It's important to focus on what you’re passionate about first and then find a way to make money from it. Stacy Allison, the first American woman to successfully climb Mt. Everest, said: “Money allows us the freedom to pursue the things that are important to us. Money is not an end it itself.”

Honour numero uno: design your life around your priorities

Many people try to fit their dreams into their life and complain there are not enough hours in the day to make it happen. If you want your dream to become a reality, make it a priority. Otherwise, it will never be more than a pipedream.

Visualise your dream

The muscle movement that helps us physically take action in our lives begins in the mind. That’s why all great golfers, tennis players, basketball players, etc. visualise themselves making a shot beforehand.

Laser in on one idea

One of the mistakes people can make is diversifying too quickly. This is true whether you are trying to build multiple streams of income or are just working on several different ideas at one time. The key is getting the first stream or idea up and running, producing good revenue, and having systems in place so it will keep running without you before going on to the next unrelated stream.

Develop your resilience muscle

You may have setbacks along the way. Don’t get stopped by these bumps in the road; learn from them and bounce back fast.

Streamline your efforts 

Success comes easier and more quickly when you enhance your strengths and delegate in areas where you’re weak. Your natural talents are those things you do so easily and naturally that you think they’re no big deal. The key is to take your natural talents and abilities and strengthen them through education and experience. And delegate the rest.

Learn from the best

Talk to people who are already successful and find out how they did it. Why reinvent the wheel when someone else already did a great job of creating it?  Success is within you, so go and be successful!

• Colin Thompson, Cavendish