Sunday, November 1, 2009

Little Known Factors to Build Success


In some of my reading and research this weekend, I came across a fantastic video from a TED Conference speaker named Richard St. John, a 'self-described average guy who found success doing what he loved.'  He spend more than 10 years researching the key factors of success, and he distilled them into 8 words, 3 minutes, and one successful book.  He has written to great books, Spike's Guide to Success: Stupid Ugly, Unlucky and RICH, and 8 to Be Great: The 8 Traits that Lead to Great Success.  In his second book, he researched over 500 people at the top of their field, to find out what the common traits leading to success were. 

Here they are:

Success Factor #1: Passion, do it for the love, not for the money.  Bill Gates was passionate about bringing a computer to every home in America.  Jane Goodall was passionate about chimpanzees.  What are you passionate about?  What gets you up and going?  You need to reflect on what that is for you.

Success Factor #2: Work, but have fun doing it.
  Success is opportunity disguised as hard work.  However, if you have met the test of Success Factor #1, you will have fun doing it.  You may need to choose to have an attitude of fun.  When you choose to have fun working, you will find that the attitude influences you, your co-workers, and your customers.  Eventually, you will find that the fun in work becomes second nature to you.

Success Factor #3: Good: Master it: Practice, Practice and Practice for the 10,000 hours that are required for you to become excellent at what you do.  Take Brian Tracy's suggestion of studying one hour per day in your field, so that you can be continuously learning and staying ahead of the curve.

Success Factor #4: Focus:  If you are anything like me, you may have wandered around the buffet of opportunities for a while taking a sip of this and a bite of that.  However, after a while, you have to settle down and focus on a few critical success areas if you are going to be able to have the time and intensity it takes to master that area.  Simpleology expert mark joyner also talks about this as being key.

Success Factor #5: Push, Push, Push.  The more comfortable we are, the greater are the chances that we will not take the risks we need to grow.  We need to push through shyness, self-doubt.  What is a key constraint for you that you need to take a chance with: is it managing others, public speaking, organization?  Decide that you are going to take an action step this week to push through.

Success Factor #6: Serve
.  Many high school kids approach Richard St. John and tell him they want to be millionaires.  "Fine," he says.  "Then you need to find a way to serve them value that is worth a million dollars."  If you want to increase your financial net worth, you need to be creative, persistent, and consistent in bringing value to those you serve: your internal customers (those you work with) and your external customers.

Success Factor #7: Ideas:
You have to have a way to be creative.  Ideas are what create value.  You can utilize brainstorming and journaling to bring value to your business and work.  Each morning when you get up, write at the top of a peice of paper: "What can I do to increase my value and my service to my customers today?"  Then take the time to write down 20 ideas.  Do this consistently, and you will generate a wealth of ideas from which you will be able to select the one/s that add value.

Success Factor #8: Persist! -- through criticism, rejection, difficult/negative people, and pressure.  In fact, you must expect adversity and embrace it as your greatest teacher.  Then you will not be surprised when it happens!

I'm going to include Mr. St. John's talk from TED here, so that you can review these key success factors in your journey to excellence:



Also, I am including his two books which will serve you well on your journey to excellence:





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