19 OCT 2020 NEWS & INSPIRATION 2 MINS READ 150 VIEWS 0 SHARES

Business Essentials: Business Owner Mindset

Establishing A Business Owner Mindset

Launching successful businesses start with one fundamental step, i.e. establishing a business owner mindset. We look at 4 key areas that you can start with.


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Be purposeful in terms of strategy, including:

  • Goal Setting: clear attainable goals are set.
  • Education & Learning: devote time to improving your business and leadership skills.
  • Time Management: manage every hour several weeks in advance.
  • Repeating existing successful steps and habits developed this far: sponsoring tactics, creating volume for your business and coaching downline ABOs.


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Independent business owners think differently than employees:

  • Employees tend to seek direction, business owners create pathways.
  • Employees tend to like steady employment, business owners are okay with less stability.
  • Employees typically follow procedures, business owners create their own methods to succeed.
  • Employees typically work a regular schedule with set hours, business owners create their own schedule based on their business plan.


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Cultivate a business mindset. As an ABO:

  • You are responsible for all decisions, good and bad.
  • You must maintain both short and long-term visions of where you want to go.
  • You identify potential pitfalls and challenges at each stage as you build.
  • You continuously analyse numbers.
  • You master your time!


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How to maintain a business mindset? Create a business plan!

  • The process of putting the business plan together forces you to take an objective, critical, unemotional look at your entire business process.
  • The finished written plan becomes a tool which may help you manage your business.