Ways to become the best in your businessπΌ
βοΈBe better today than you were yesterday.
βοΈ Do what inspires you.
βοΈPay 10% of your attention to the problem you are facing and 90% to solving it.
βοΈDo your job at the highest level.
βοΈPraise others, especially in those moments when others want praise.
βοΈPractice your craft daily to become a virtuoso.
βοΈWork hard and don't make excuses.
βοΈLearn to get up quickly after falling.
βοΈKeep the promises you make to others and to yourself.
βοΈShow nobility, especially in difficult moments.
βοΈAlways try to exceed expectations.
βοΈTake time every day to restore your physical and mental strength.
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βοΈBe better today than you were yesterday.
βοΈ Do what inspires you.
βοΈPay 10% of your attention to the problem you are facing and 90% to solving it.
βοΈDo your job at the highest level.
βοΈPraise others, especially in those moments when others want praise.
βοΈPractice your craft daily to become a virtuoso.
βοΈWork hard and don't make excuses.
βοΈLearn to get up quickly after falling.
βοΈKeep the promises you make to others and to yourself.
βοΈShow nobility, especially in difficult moments.
βοΈAlways try to exceed expectations.
βοΈTake time every day to restore your physical and mental strength.
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"Small Business Big Money"
"Small Business Big Money" is a book written by Akin Alabi, a successful entrepreneur and founder of the multi-billion Naira online sports bookmaking industry in Nigeria. The book provides valuable insights and practical techniques for starting, growing, and turning a small business into a profitable venture.
In the book, Akin Alabi shares his personal experiences and the exact business and marketing techniques he used to build his own business from scratch and turn it into a successful empire. Readers will discover lessons on various topics, including:
1. Choosing the right kind of business: The book guides readers on how to decide on the type of business they should pursue.
2. Marketing strategies: Akin Alabi shares effective marketing techniques that he used to promote his business and attract customers.
3. Pricing strategies: The book provides insights on how to price products and services for maximum profitability.
4. Advertising: Akin Alabi outlines seven commandments that readers should follow before spending money on advertising.
5. Leveraging others: The book teaches readers how to get others to promote their business for free, which can help increase brand visibility and attract more customers.
6. Factors to consider before quitting a job: Akin Alabi discusses ten factors that individuals should consider before quitting their jobs to start a business.
π’ Join and Share βοΈ @Busines_Talkβ
"Small Business Big Money" is a book written by Akin Alabi, a successful entrepreneur and founder of the multi-billion Naira online sports bookmaking industry in Nigeria. The book provides valuable insights and practical techniques for starting, growing, and turning a small business into a profitable venture.
In the book, Akin Alabi shares his personal experiences and the exact business and marketing techniques he used to build his own business from scratch and turn it into a successful empire. Readers will discover lessons on various topics, including:
1. Choosing the right kind of business: The book guides readers on how to decide on the type of business they should pursue.
2. Marketing strategies: Akin Alabi shares effective marketing techniques that he used to promote his business and attract customers.
3. Pricing strategies: The book provides insights on how to price products and services for maximum profitability.
4. Advertising: Akin Alabi outlines seven commandments that readers should follow before spending money on advertising.
5. Leveraging others: The book teaches readers how to get others to promote their business for free, which can help increase brand visibility and attract more customers.
6. Factors to consider before quitting a job: Akin Alabi discusses ten factors that individuals should consider before quitting their jobs to start a business.
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It took me 8 years to learn this about Salesπ here
β Most people DONβT buy on Emotionβ¦
β They DONβT buy on Logic eitherβ¦
Everyone wants a lambo, but financially it doesnβt make sense for most to own one.
Logic MUST accompany Emotion β
Same goes the other way aroundβ¦
A great branded coat during the winter season, could make sense (logically), but unless you like the coat, you wonβt buy it.
Emotion MUST accompany Logic β
So,
To increase your sales, you must sell to the 3 brains - the logical, the emotional and the instinctive (reptilian brain) π§
And,
That is considering that both you and the prospect are honest π
Only then, we can achieve a PURE SALE!
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β Most people DONβT buy on Emotionβ¦
β They DONβT buy on Logic eitherβ¦
Everyone wants a lambo, but financially it doesnβt make sense for most to own one.
Logic MUST accompany Emotion β
Same goes the other way aroundβ¦
A great branded coat during the winter season, could make sense (logically), but unless you like the coat, you wonβt buy it.
Emotion MUST accompany Logic β
So,
To increase your sales, you must sell to the 3 brains - the logical, the emotional and the instinctive (reptilian brain) π§
And,
That is considering that both you and the prospect are honest π
Only then, we can achieve a PURE SALE!
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RULES OF MONEY
β’ Pay yourself first.
β’ Learn how to invest.
β’ Don't be a hater of it.
β’ Give every dollar a job.
β’ Spend less than you earn.
β’ Have a plan and set goals.
β’ Don't be a slave to money.
If you have it, don't flaunt it.
β’ Keep your finances organised.
It's a game, learn how it works.
Always have an emergency fund.
β’ Always make money work for you.
β’ Learn how to make money passively. β’ Use it to solve problem in the world.
β’ Know how to risk it and leverage it.
β’ Don't use credit if you don't have cash.
It's not what you make, it's what you keep.
π’ Join βοΈ @Busines_Talkβ
β’ Pay yourself first.
β’ Learn how to invest.
β’ Don't be a hater of it.
β’ Give every dollar a job.
β’ Spend less than you earn.
β’ Have a plan and set goals.
β’ Don't be a slave to money.
If you have it, don't flaunt it.
β’ Keep your finances organised.
It's a game, learn how it works.
Always have an emergency fund.
β’ Always make money work for you.
β’ Learn how to make money passively. β’ Use it to solve problem in the world.
β’ Know how to risk it and leverage it.
β’ Don't use credit if you don't have cash.
It's not what you make, it's what you keep.
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π6β€1
What Is a Business Plan?
A business plan is a document that defines in detail a company's objectives and how it plans to achieve its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints. Both startups and established companies use business plans.
KEY TAKEAWAYS
* A business plan is a document describing a company's core business activities and how it plans to achieve its goals.
* Startup companies use business plans to get off the ground and attract outside investors.
* A business plan can also be used as an internal guide to keep an executive team focused on and working toward short- and long-term objectives.
* Businesses may create a lengthier traditional business plan or a shorter lean startup business plan.
* Good business plans should include an executive summary and sections on products and services, marketing strategy and analysis, financial planning, and a budget.
π’ Join and Share βοΈ @Busines_Talkβ
A business plan is a document that defines in detail a company's objectives and how it plans to achieve its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints. Both startups and established companies use business plans.
KEY TAKEAWAYS
* A business plan is a document describing a company's core business activities and how it plans to achieve its goals.
* Startup companies use business plans to get off the ground and attract outside investors.
* A business plan can also be used as an internal guide to keep an executive team focused on and working toward short- and long-term objectives.
* Businesses may create a lengthier traditional business plan or a shorter lean startup business plan.
* Good business plans should include an executive summary and sections on products and services, marketing strategy and analysis, financial planning, and a budget.
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THE 6 STOPS
1. Stop skipping the gym.
2. Stop skipping your meditation.
3. Stop your negative self-talk.
4. Stop underestimating yourself.
5. Stop living someone else's dream.
6. Stop procrastinating and do the work.
STOP. START OVER. LET'S GO!
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1. Stop skipping the gym.
2. Stop skipping your meditation.
3. Stop your negative self-talk.
4. Stop underestimating yourself.
5. Stop living someone else's dream.
6. Stop procrastinating and do the work.
STOP. START OVER. LET'S GO!
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πTip
People will be willing to pay good money for something that:
- saves them time
- saves them money
- makes them money
Find a problem where a solution does one or more of these things, and you're well on the way to a sustainable business.
If it does all three, jackpot.
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People will be willing to pay good money for something that:
- saves them time
- saves them money
- makes them money
Find a problem where a solution does one or more of these things, and you're well on the way to a sustainable business.
If it does all three, jackpot.
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π6π1
Does the idea of writing the business plan by yourself sound daunting? Do you feel like you can't crunch the numbers by yourself?
Are you looking for a business plan template that will give you an idea of what yours should look like? Would you like to be guided through the process?
These questions can be scary, which is why we've provided these tips to help you write your business plan - but that's not the only way we can help.
If you feel doubtful of your ability to write an expert business plan, we recommend using online business plan software to draft it up.
Using online software will give you the necessary tools to prepare an effective business plan:
* You will be guided with instructions and examples for each section of the business plan
* You will easily put together a financial forecast with the help of a software which takes care of the financial aspects for you
* You will get an professional document, formatted and ready to be sent to the bank and/or investors
π’ Join and Share βοΈ @Busines_Talkβ
Are you looking for a business plan template that will give you an idea of what yours should look like? Would you like to be guided through the process?
These questions can be scary, which is why we've provided these tips to help you write your business plan - but that's not the only way we can help.
If you feel doubtful of your ability to write an expert business plan, we recommend using online business plan software to draft it up.
Using online software will give you the necessary tools to prepare an effective business plan:
* You will be guided with instructions and examples for each section of the business plan
* You will easily put together a financial forecast with the help of a software which takes care of the financial aspects for you
* You will get an professional document, formatted and ready to be sent to the bank and/or investors
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π1
No results?
Keep working.
Bad results?
Keep working.
Great results?
Keep working.
Consistency is key.
Don't give up!
π’ Join βοΈ @Busines_Talkβ
Keep working.
Bad results?
Keep working.
Great results?
Keep working.
Consistency is key.
Don't give up!
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Financials are an integral part of your business plan, but they're not the only thing that matters. Writing your business plan will be as important as putting together a financial forecast.
Writing out your business plan will prevent you from forgetting key details and paint a clearer picture of your project to investors and lenders.
It will provide more explanation with regard to your financials, but also demonstrate that you have exhaustive knowledge in your area, and that your team has the skills and the capacity to bring your project to life.
The writing will also give details on your commercial strategy, your growth objectives and how you're planning to manage the risks linked to your project.
π’ Join and Share βοΈ @Busines_Talkβ
Writing out your business plan will prevent you from forgetting key details and paint a clearer picture of your project to investors and lenders.
It will provide more explanation with regard to your financials, but also demonstrate that you have exhaustive knowledge in your area, and that your team has the skills and the capacity to bring your project to life.
The writing will also give details on your commercial strategy, your growth objectives and how you're planning to manage the risks linked to your project.
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7 Powerful Lessons from "Secrets of the Millionaire Mind" by T. Harv Eker:
1. Financial Freedom Starts with Your Mindset: The book emphasizes that your financial success is largely determined by your subconscious beliefs and attitudes about money. Examining and changing these "money blueprints" is crucial for achieving wealth.
2. Take Responsibility for Your Financial Life: Stop blaming external factors for your financial situation and empower yourself by taking ownership of your choices and actions. This involves setting clear goals, developing financial literacy, and actively managing your money.
3. Focus on Abundance, Not Scarcity: Cultivate a belief in abundance and unlimited possibilities. Shifting from a scarcity mindset, where you feel limited and restricted, to an abundance mindset, where you see wealth as readily available, opens doors to new opportunities.
4. Think Big and Dream Bigger: Don't limit yourself by setting small goals. Embrace ambitious dreams and set your sights high. This fuels motivation, encourages action, and expands your potential for achieving financial success.
5. Focus on Value, Not Money: Shift your focus from solely making money to providing value to others. By offering solutions to their problems or fulfilling their needs, you naturally attract wealth and build sustainable success.
6. Develop Action-Taking Habits: Success requires consistent action. Implement small, daily habits that contribute to your financial goals, such as saving, investing, and learning new skills. Disciplined action leads to progress and ultimately, to wealth accumulation.
7. Associate with Successful People: Surround yourself with positive, ambitious individuals who inspire you and support your goals. Learning from their experiences and perspectives can accelerate your journey towards financial freedom.
π’ Join and Share βοΈ @Busines_Talkβ
1. Financial Freedom Starts with Your Mindset: The book emphasizes that your financial success is largely determined by your subconscious beliefs and attitudes about money. Examining and changing these "money blueprints" is crucial for achieving wealth.
2. Take Responsibility for Your Financial Life: Stop blaming external factors for your financial situation and empower yourself by taking ownership of your choices and actions. This involves setting clear goals, developing financial literacy, and actively managing your money.
3. Focus on Abundance, Not Scarcity: Cultivate a belief in abundance and unlimited possibilities. Shifting from a scarcity mindset, where you feel limited and restricted, to an abundance mindset, where you see wealth as readily available, opens doors to new opportunities.
4. Think Big and Dream Bigger: Don't limit yourself by setting small goals. Embrace ambitious dreams and set your sights high. This fuels motivation, encourages action, and expands your potential for achieving financial success.
5. Focus on Value, Not Money: Shift your focus from solely making money to providing value to others. By offering solutions to their problems or fulfilling their needs, you naturally attract wealth and build sustainable success.
6. Develop Action-Taking Habits: Success requires consistent action. Implement small, daily habits that contribute to your financial goals, such as saving, investing, and learning new skills. Disciplined action leads to progress and ultimately, to wealth accumulation.
7. Associate with Successful People: Surround yourself with positive, ambitious individuals who inspire you and support your goals. Learning from their experiences and perspectives can accelerate your journey towards financial freedom.
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It's good to be optimistic when starting your business, however, it's common knowledge that things don't always go according to plan:
* It could take more time to start your activity than you initially thought it would
* Even if you plan on working day and night at the start, days are only 24-hours-long, and you'll have to take time out for your family and get some proper rest
* Unexpected events could also slow you down, such as hours spent on the phone with a supplier, chasing a customer who hasn't paid you yet, a change in the legislation requiring drastic changes to your business, or even a machine breakdown
Contingency planning is key, so give yourself room for maneuvers when writing your business plan. Make sure you have enough cash to allow yourself to deal with any unexpected events.
A sensible amount to make sure you don't run out of cash usually means 3 to 6 months worth of your costs.
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* It could take more time to start your activity than you initially thought it would
* Even if you plan on working day and night at the start, days are only 24-hours-long, and you'll have to take time out for your family and get some proper rest
* Unexpected events could also slow you down, such as hours spent on the phone with a supplier, chasing a customer who hasn't paid you yet, a change in the legislation requiring drastic changes to your business, or even a machine breakdown
Contingency planning is key, so give yourself room for maneuvers when writing your business plan. Make sure you have enough cash to allow yourself to deal with any unexpected events.
A sensible amount to make sure you don't run out of cash usually means 3 to 6 months worth of your costs.
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π6
YOU CANβT LEVEL UP IF YOU KEEP:
1. Wasting time
2. Sleeping too late
3. Skipping workouts
4. Missing opportunities
5. Listening to negativity
6. Overthinking everything
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1. Wasting time
2. Sleeping too late
3. Skipping workouts
4. Missing opportunities
5. Listening to negativity
6. Overthinking everything
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The activity of every business is impacted by seasonality, whether it be school holidays, tourism, family holidays, activity decrease in July and August for professional services, or even activity increase during Valentine's Day or Mother's Day.
Seasonality has a large impact on how much turnover your business gets, and consequently, how much cash is available. It is essential for you to take it into account when doing your business plan's financial forecast, and make sure you have enough cash when you reach low season, or predict a bad one coming up.
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Seasonality has a large impact on how much turnover your business gets, and consequently, how much cash is available. It is essential for you to take it into account when doing your business plan's financial forecast, and make sure you have enough cash when you reach low season, or predict a bad one coming up.
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LESSONS FROM "HOW TO BE A GENTLEMAN" BY JONATHAN BRIGGS
The book "How to Be a Gentleman: A Contemporary Guide to Common Courtesy" by Jonathan Briggs is a modern take on the classic concept of gentlemanliness. In this book, Briggs provides practical advice and guidance on how to embody the qualities of a gentleman in today's society. Here's a summary of the key points covered in the book:
Part One: The Gentleman's Code
1. Introduction to Gentlemanliness
Briggs discusses the importance of reviving the concept of gentlemanliness in the modern world and explains how it goes beyond superficial manners to encompass integrity, kindness, and respect for others.
2. Personal Presentation
The author emphasizes the significance of personal grooming, dressing well, and maintaining good posture as essential aspects of projecting a gentlemanly image.
3. Social Etiquette
Briggs covers various social situations, including dining, networking events, and parties, offering practical tips on proper etiquette, conversation skills, and social grace.
4. Respect and Courtesy
Respect for others, regardless of their background or status, is a central theme. The author encourages readers to treat everyone with kindness, consideration, and empathy.
Part Two: The Modern Gentleman
5. Navigating Relationships
Briggs explores the dynamics of modern relationships, including friendships, romantic partnerships, and professional connections. He emphasizes the importance of honesty, loyalty, and communication.
6. Workplace Etiquette
The author provides guidance on professional conduct, workplace interactions, and navigating office politics with integrity and professionalism.
7. Digital Etiquette
In the age of technology, Briggs addresses the importance of digital etiquette, including proper email communication, social media conduct, and online dating etiquette.
8. Travel and Leisure
Briggs offers tips on traveling with grace and courtesy, as well as enjoying leisure activities with consideration for others and respect for different cultures.
Part Three: The Gentleman's Legacy
9. Mentorship and Leadership
The author discusses the role of gentlemen as mentors and leaders in their communities, encouraging readers to lead by example and inspire others to embrace gentlemanly values.
10. Cultivating Character
Finally, Briggs emphasizes the importance of cultivating inner character traits such as integrity, humility, and resilience, which are the foundation of true gentlemanliness.
Conclusion
In conclusion, "How to Be a Gentleman" by Jonathan Briggs serves as a contemporary guide to embodying the timeless qualities of gentlemanliness in today's world. Through practical advice, real-life examples, and thoughtful reflections, Briggs encourages readers to cultivate a mindset of respect, kindness, and integrity in all aspects of their lives.
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The book "How to Be a Gentleman: A Contemporary Guide to Common Courtesy" by Jonathan Briggs is a modern take on the classic concept of gentlemanliness. In this book, Briggs provides practical advice and guidance on how to embody the qualities of a gentleman in today's society. Here's a summary of the key points covered in the book:
Part One: The Gentleman's Code
1. Introduction to Gentlemanliness
Briggs discusses the importance of reviving the concept of gentlemanliness in the modern world and explains how it goes beyond superficial manners to encompass integrity, kindness, and respect for others.
2. Personal Presentation
The author emphasizes the significance of personal grooming, dressing well, and maintaining good posture as essential aspects of projecting a gentlemanly image.
3. Social Etiquette
Briggs covers various social situations, including dining, networking events, and parties, offering practical tips on proper etiquette, conversation skills, and social grace.
4. Respect and Courtesy
Respect for others, regardless of their background or status, is a central theme. The author encourages readers to treat everyone with kindness, consideration, and empathy.
Part Two: The Modern Gentleman
5. Navigating Relationships
Briggs explores the dynamics of modern relationships, including friendships, romantic partnerships, and professional connections. He emphasizes the importance of honesty, loyalty, and communication.
6. Workplace Etiquette
The author provides guidance on professional conduct, workplace interactions, and navigating office politics with integrity and professionalism.
7. Digital Etiquette
In the age of technology, Briggs addresses the importance of digital etiquette, including proper email communication, social media conduct, and online dating etiquette.
8. Travel and Leisure
Briggs offers tips on traveling with grace and courtesy, as well as enjoying leisure activities with consideration for others and respect for different cultures.
Part Three: The Gentleman's Legacy
9. Mentorship and Leadership
The author discusses the role of gentlemen as mentors and leaders in their communities, encouraging readers to lead by example and inspire others to embrace gentlemanly values.
10. Cultivating Character
Finally, Briggs emphasizes the importance of cultivating inner character traits such as integrity, humility, and resilience, which are the foundation of true gentlemanliness.
Conclusion
In conclusion, "How to Be a Gentleman" by Jonathan Briggs serves as a contemporary guide to embodying the timeless qualities of gentlemanliness in today's world. Through practical advice, real-life examples, and thoughtful reflections, Briggs encourages readers to cultivate a mindset of respect, kindness, and integrity in all aspects of their lives.
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Here are 7 Lessons on "The Simple Path to Wealth" by JL Collins:
1. Embrace Low-Cost Index Funds: Ditch actively managed funds and their high fees. Instead, invest in low-cost, diversified index funds that passively track the market, like the S&P 500. This maximizes your returns and minimizes costs, especially over the long term.
2. Compounding is Your Ally: Understand the power of compounding interest. Starting early and investing consistently leads to exponential growth over time. Even small contributions regularly can snowball into significant wealth.
3. Avoid Market Timing and Noise: Trying to predict the market's ups and downs is a losing game. Focus on long-term investing, stay disciplined, and resist the urge to panic sell or chase hot trends.
4. Live Below Your Means: Don't lifestyle creep as your income increases. Spend less than you earn, automate savings, and avoid unnecessary debt. This frees up more money to invest and reach financial independence faster.
5. Focus on Wealth Building, Not Wealth Preservation: In the wealth-building phase, prioritize investing in equities for higher returns, even with more volatility. Don't be overly cautious; take calculated risks for significant potential gains.
6. Know Your Asset Allocation: Understand how to diversify your portfolio based on your risk tolerance and time horizon. Allocate assets across different asset classes like stocks, bonds, and real estate for balance and stability.
7. Embrace Financial Independence: Define what financial independence means to you. It's not just about retiring early; it's about having the freedom to pursue your passions without relying solely on a paycheck.
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1. Embrace Low-Cost Index Funds: Ditch actively managed funds and their high fees. Instead, invest in low-cost, diversified index funds that passively track the market, like the S&P 500. This maximizes your returns and minimizes costs, especially over the long term.
2. Compounding is Your Ally: Understand the power of compounding interest. Starting early and investing consistently leads to exponential growth over time. Even small contributions regularly can snowball into significant wealth.
3. Avoid Market Timing and Noise: Trying to predict the market's ups and downs is a losing game. Focus on long-term investing, stay disciplined, and resist the urge to panic sell or chase hot trends.
4. Live Below Your Means: Don't lifestyle creep as your income increases. Spend less than you earn, automate savings, and avoid unnecessary debt. This frees up more money to invest and reach financial independence faster.
5. Focus on Wealth Building, Not Wealth Preservation: In the wealth-building phase, prioritize investing in equities for higher returns, even with more volatility. Don't be overly cautious; take calculated risks for significant potential gains.
6. Know Your Asset Allocation: Understand how to diversify your portfolio based on your risk tolerance and time horizon. Allocate assets across different asset classes like stocks, bonds, and real estate for balance and stability.
7. Embrace Financial Independence: Define what financial independence means to you. It's not just about retiring early; it's about having the freedom to pursue your passions without relying solely on a paycheck.
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9 beginner mistakes as an entrepreneur:
1. No plan
2. Not passionate
3. Hiring too soon
4. Copying others
5. Doing it all alone
6. Expecting fast results
7. Not surveying prospects
8. Spending too much money
9. Thinking busy is productive
Most importantly...Not starting today!
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1. No plan
2. Not passionate
3. Hiring too soon
4. Copying others
5. Doing it all alone
6. Expecting fast results
7. Not surveying prospects
8. Spending too much money
9. Thinking busy is productive
Most importantly...Not starting today!
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π10