• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Project Life Mastery

Follow Project Life Mastery on FacebookFollow Stefan James on InstagramFollow Project Life Mastery on TwitterFollow Project Life Mastery on YoutubeFollow Project Life Mastery on PinterestFollow Stefan James on LinkedinFollow Project Life Mastery on iTunesSubscribe To Our RSS Feed
  • START HERE
  • ABOUT
  • BLOG
  • VIDEOS
  • PODCAST
  • COURSES
  • STORE
  • TESTIMONIALS
  • RESOURCES
  • CONTACT

10 Principles of Business Success

I would like to share with you 10 principles of business success.

In order to understand these success principles, you need to first build the foundation for your success and potential, otherwise known as self-mastery.

I believe that self-mastery is the path to living an extraordinary life.  It is the tool that gives you a competitive edge. If you want to be successful, you need to cultivate a mastery mindset.

The mind is a powerful instrument. It can either b your best friend or your worst enemy. The average person thinks around 70,000 thoughts a day.  We become what we repeatedly think.

Start to pay attention to your thoughts. Are they bringing you closer or farther away from our goals? Anthony Robbins has applied the 80/20 rule to the study of success.

He states that in almost every circumstance, “80 percent of success is due to psychology—mindset, beliefs, and emotions—and only 20 percent is due to strategy—the specific steps needed to accomplish a result”. Developing a mastery mindset and following these 10 success principles will support your business success.

1. Be Open and Willing to Learn.

In today’s digital world, your ability to be open and willing to learn is critical to your success. In the words of Jeremy Stoppelman, the CEO of Yelp said, “You have to be nimble and open-minded. Your success is going to be very dependent on how you adapt”.

The three most dangerous words in the human vocabulary are, “I know that”. The most successful people in the world are always trying to learn and improve. As you become more successful, learn to put your ego aside.  Your ego can become one of your biggest obstacles to personal development.

2. Set Realistic Goals and Expectations.

Whether you are building an online business, you need to make sure that you are setting realistic goals and expectations. If you adopt a get rich quick mentality, you will only experience short-term rewards.

You need to focus on the long-term. Learn how to master the process and don't worry so much about the results. In the words of Elbert Hubbard, “Many people fail in life, not for lack of ability or brains, or even courage, but simply because they have never organized their energies around a goal”.

3. Take Massive Action.

In order to achieve success in business and in life, you need to take massive action. Tony Robbins suggests that once you have clarity about the exact result you want in your life, you need to create a MAP (massive action plan) to get yourself there.

When you’re creating your MAP, ask yourself, “How much?”, “By when?” and “For what purpose?” Don’t overwhelm yourself. Take slow, calculated progress every day towards achieving your goals. Work hard, be consistent and apply what you learn. The payoff will be worth it.

4. Be Patient. Focus on the Process, Not the Outcome.

Building a business requires hard work, commitment, time, energy, and patience. With any goal, there is always a process to achieve it. You may not see the results of your efforts today or tomorrow. It may take months, or even years. Be patient, stay committed to your goals, and keep moving forward. 

5. There is no such thing as failure, only feedback.

On your journey to success, you will experience failure. That is inevitable. The most successful entrepreneurs in history attribute their success to their failures. Why? Because they adopt the mindset that failure is only feedback.

Failure is an asset, if you choose to learn from it. It tells you what’s working and what isn’t, so that you don’t make the same mistakes in the future. I can't tell you how many times I have failed with my online businesses.

I still fail, however I view every mistake as an opportunity to grow and learn. In the words of Henry Ford, “Failure is the opportunity to begin again more intelligently”.

 6. Never give up. If something doesn’t work, change your approach.

Are you a master or a dabbler? A dabbler is someone that gives up at the first obstacle or challenge that shows up, instead of pushing past the plateaus. Alternatively, a master never gives up. Being a dabbler or a master is a choice.  Choose wisely.

Your passion and perseverance towards your long-term goals helps you move through difficult times with strength. Don’t let a temporary setback knock you off of your path to success. Change your approach if you have to, but don’t stop moving forward.

7. Always focus on adding value first, profit second.

This is one of the most important principles that I live by in my business. If you want to be successful, you have to put other people’s needs above your own. Content is king.  Focus on creating high quality, valuable content that helps solve people’s problems.

That is what I focused on when I created my online program, Affiliate Marketing Mastery. When you do this, people will trust you and buy your products/services. It’s a win-win for both parties. Your income is in direct proportion to the amount that you contribute, which means that you need to be of service to your customers. Add value first, and profit second. As the saying goes, “When you give, you get”.

8. Always be honest and maintain integrity.

The key to business success is being honest and sincere. Your business growth depends on your customers’ level of satisfaction. Never deceive or be greedy with your customers. If you are going to promote a product or share something, always make sure that you are being honest.

If you earn your customers' trust and happiness, not only will they continue to buy from you, they will also promote your product or service to others. Research shows that Word-of-Mouth (WOM) is the primary factor behind 20% to 50% of all purchasing decisions (Onghai, 2012).

9. Focus on the long-term, not the short-term.

Focus on the long-term and keep your eye on the prize.   The sacrifices that you are making today are going to pay off in the long run. Dabblers focus on the short-term and get discouraged when they don’t see results right away.

They end up giving up because they don’t see progress fast enough.   They get too emotionally attached to the result and fail to fall in love with the process. Alternatively, Masters focus on the long-term. They view a plateau as an opportunity to grow. Which one are you? In the words of Simon Sinek, “Focus on long-term success, but be willing to make short-term adjustments to get there”.

10. Focus on constant and never-ending improvement.

Self-development has been the #1 reason that I have achieved so much success in my business. Whenever I create something, I'm always trying to improve. Always be learning and improving yourself, and don’t be afraid to make mistakes.

One of the best investment you can ever make is in yourself. Every day ask yourself, “What did I learn? “What did I improve?” “Where did I fall short?” “How can I do better tomorrow?”

The road to success is through commitment. If you want to achieve extraordinary results in your business, commit to mastering these 10 success principles.

Do you want to learn 7 business models that have made me an Internet millionaire in less than 3 years? CLICK HERE to gain instant access to my free course!

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 21.00 out of 5)
Loading...

Filed Under: BUSINESS, CAREER & MISSION Tagged With: action, add value, business, change, content, entrepreneur, failure, goals, long-term, mastery, process, success, the dabbler, the master, tony robbins

ABOUT STEFAN JAMES

Stefan James

I'm an internet entrepreneur, life and business coach, and philanthropist with a passion for living life to the fullest and fulfilling my potential as a human being.

My mission is to be a powerful and passionate example of the unlimited possibilities that are available for anyone that commits their life to mastery, while sharing my very best ideas and strategies that can make a difference in every area of your life.
Learn More

Categories

  • #ASKSTEFAN

    Welcome to Project Life Mastery! On this page, you'll find every article we've created related…
  • AFFILIATE MARKETING

  • AMAZON FBA

  • BUSINESS

  • CAREER & MISSION

  • CONTRIBUTION

  • EMOTIONS & MEANING

  • GOAL SETTING

  • GOALS REPORTS

  • GUEST POSTS

  • HEALTH & FITNESS

  • INTERVIEWS & SUCCESS STORIES

  • KINDLE PUBLISHING

  • MINDSET

  • MONEY & FINANCES

  • MOTIVATION & INSPIRATION

  • ONLINE MARKETING

  • PRODUCTIVITY & TIME MANAGEMENT

  • RELATIONSHIPS

  • REVIEWS & RECOMMENDATIONS

  • SOCIAL & FUN

  • SPIRITUALITY

  • VLOGS

  • Recommended
  • Popular
  • Latest
    • Investing For Beginners | Advice On How To Get Started
    • SUPPLEMENTS: WHAT I Take, WHY I Take & WHEN I Take
    • How To Master Your Mind And Emotions
    • How To Start An Amazon FBA Physical Products Business
    • She Makes $40,000 Per Month on Amazon at 23 Years Old
    • NLP Training & Techniques: How To Use Neuro Linguistic Programming To Change Your Life
    • If You Think You Are Going Nowhere In Life, Take A Deep Breath And Watch This
    • How Long Does It Take To Make Money Online?
    • What It’s REALLY Like To Be A Millionaire
    • How To Invest In Bitcoin: Bitcoin As An Investment Strategy
    • 3 Things HARDER To Achieve Than Making A Million Dollars
    • My Morning Ritual For Daily Success, Motivation And Productivity | Stefan James
    • How To Make $50,000 in a Month: Passive Income with Amazon
    • Penthouse Tour: Take a Look Inside My Luxury Apartment in Vancouver
    • 5 Brutal Truths About Life No One Wants To Admit
    • 5 Things Mentally Strong People Won’t Do
    • Improve Your Financial Situation: 4 Steps To Managing Finances
    • Morning Routines That Successful People Use to Be Unstoppable
    • Personal Development Plan: Development Plan To Create a Full Life
    • Positivity Challenge: My 10-Day Mental Diet Plan and Results
    • My Morning Ritual To Increase Productivity, Energy and Success
    • Amazon Book Publishing: Dos and Don’ts of Amazon Book Publishing
    • Best Motivational Video: Get the Motivation You Need to Succeed in Life
    • Passive Income: How to Make Passive Income Online Today
    • My March 2014 Monthly Goals Report
    • Kindle Publishing: The Ultimate Guide to Making Money on Kindle
    • How To Make Money Online: Easy Ways to Make Money From Home Fast
    • Publishing on Kindle: Make Money with Amazon Kindle Publishing
    • Tony Robbins – Date With Destiny Review
    • How to Sell on Amazon FBA for Beginners: A Step-by-Step Tutorial
    • My July 2014 Monthly Goals Report
    • How to Get Rich by Developing a Millionaire Mindset
    • 4 Must Read Internet Marketing Books
    • How to Be a Successful Entrepreneur an Internet Marketer with Dan Lok
    • My 2015 Goals And Resolutions
    • My Motivation Secret: How I Use Psychology to Motivate Me to Success
    • My April 2014 Monthly Goals Report
    • How I’m Investing My Money In 2022 (Best Opportunities)
    • How To Get The Most Out Of Your Year (2022 Planning)
    • 10 Secrets To Mastering Anything In Your Life
    • How To Profit From Crypto Going DOWN | Dan Hollings
    • How He Made $26,266 In Passive Income With “Crypto Bots”
    • Crypto Trading Bots: How I’ve Made $17,703 In Passive Income
    • 42 Life-Changing Books For Mastering Every Area Of Your Life
    • Investing In Cryptocurrency For Beginners
    • Meditation For Beginners: The Benefits & How To Meditate
    • The “Money Mindset” Of A Millionaire (MOTIVATION)
    • How I Made $9,359 In Passive Income With “Crypto Bots”
    • 21 Habits For Health, Wealth & Happiness
    • How Much YouTube Paid Me For 1,000,000+ Views
    • How I’m Investing In Blockchain (NFT & Crypto Infrastructure)
    • Beginner Stock Investing Portfolio (Best Stocks For Beginners)
    • Amazon KDP in 2022: Strategies For Making Money Publishing Books
    • SUCCESS MOTIVATION: MASTER THE INNER GAME OF SUCCESS
    • How To Love Yourself (This Is Life-Changing)
    • EMFs (Electromagnetic Fields): How EMFs Affect Your Health & Home Optimization
    • How To Manage Your Money For Financial Freedom
How To Build A Business On Amazon
Stefan James on his laptop looking at amazon publishing headline
21 Morning Ritual Habits E-book
mastermind cheatsheet

ABOUT STEFAN JAMES

Stefan James

I'm an internet entrepreneur, life and business coach, and philanthropist with a passion for living life to the fullest and fulfilling my potential as a human being.

My mission is to be a powerful and passionate example of the unlimited possibilities that are available for anyone that commits their life to mastery, while sharing my very best ideas and strategies that can make a difference in every area of your life.
Learn More

Project Life Mastery

Project Life Mastery delivers the self-development advice you need to improve and master every area of your life.

We provide world-class content, training, and coaching to maximize the potential in your personal and business life. Everything from physical fitness, to emotional mindset, to relationships, to your financial freedom blend together to turn you into an unstoppably extraordinary person with an unstoppably extraordinary life.

Whether you need online business advice, personal development coaching, or both, Project Life Mastery will guide you on your best path to mastery.

LET’S CONNECT:

Follow Project Life Mastery on FacebookFollow Stefan James on InstagramFollow Project Life Mastery on TwitterFollow Project Life Mastery on YoutubeFollow Stefan James on PinterestFollow Stefan James on LinkedinFollow Project Life Mastery on iTunesSubscribe to Project Life Mastery RSS

  • Privacy Policy
  • Terms of Use
  • Affiliate Disclosure
  • Earning Disclosure
  • DMCA Disclosure
  • Contribute

2023 Project Life Mastery LLC
9393 N 90th Street, Suite 102 #67
Scottsdale, AZ 85258, USA

Copyright © 2023 · Aspire Theme on Genesis Framework · WordPress · Log in