Why Business Knowledge Isn't Enough? [Part 2]

There's a lot of information out there that tells you how to start a business, like find what business idea you should have, how to register your company, how to do social media marketing, and many more. But the reality is - these are not enough...

I believe that there are other things that are way more important than all of those things. Watch the video to learn more.

Full Transcript:

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You are really going deep and you know

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um thinking okay this is something that

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I will do like long term

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and when you think like that

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your strategies will change the way you

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behave the way you are as a person will

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completely change and it will benefit

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you in the business when you start to

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change like that um long-term thinking

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and so I have I share this and i will

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share this with all of you as well share

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this to some of my

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uh clients when you start a business

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so you have to imagine you are signing a

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contract with the universe or with god

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or whoever you believe in right. So you're basically

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signing a contract for at least three years that you are

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gonna be doing everything you can for

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this business so then after you

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do this business for three years like

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fully committing to it and doing it

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based on this contract you evaluate okay

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after three years do I still want to do

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this so then you renew your contract

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with the universe and then continue

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continue again that's kind of like a

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proper way of thinking so first

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you need to be tenacious right like

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really doing whatever it takes

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in order to succeed in business and

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then that's just kind of like the

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mindset we're talking about then the

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second thing is that you need to be proactive

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meaning um thinking for yourself what can I do

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for the business

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right what can I do and

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so there's a difference between having

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that employee mindset of like okay tell

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me what I need to do then I will do it

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and then an entrepreneurial mindset is

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okay um what can I do for my business

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like being uh proactive and doing

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it immediately and then the third one is

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that long-term thinking

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so having that commitment to do

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this project, this business, this venture

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for at least three years to five years

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it would definitely help change your

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perspective in how you run the business

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so that's kind of like the the mindset

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and you know it's kind of like just

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going through a bit the entrepreneurial

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mindset and as a coach I also dig deeper

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because each person is different as well

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so that's that's kind of like what I

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want to share like why business

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knowledge is isn't enough because it all

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boils down to having the right mindset

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to run the business. And when you have a

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right mindset, that foundation is good

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then learning about you know the

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strategies learning about all the

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theories on how to run a business

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marketing sales uh etc right like

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handling the financial side of things

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those part uh is easy because you can

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learn that uh but the mindset if it's

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training need coaching for so that's

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that's why you need to look at so how to

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improve the mindset to succeed okay

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it's a very good question because I just

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talked about mindset earlier right so

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three specific things that I shared is

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about tenacity, about being proactive and

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having that long-term view

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so definitely when

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there's okay let me like frame it better

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for all of you

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how to improve the mindset is basically two ways

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let's zoom out for a bit and look at the

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big picture

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so one is

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it's very simple you probably know this

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already so first one is learn as much as

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you can, right so learn as much as you can from

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you know reading reading books

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or going to courses training seminars

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or you can even learn from

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other people you know whether they have

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started a business before

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or it's in the industry that you are

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looking at basically other people

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who are related to what you want to go into

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right so learn as much as you can

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from them and in fact because of

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our information age right now like in the

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internet everything you can google like

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google and you learn a lot of things right so

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what happens it can be overwhelming as

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well because there's so much information

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out there you

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by the way some information

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can be like misleading it might not be

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appropriate for you for example

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so then the question

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you need to ask yourself right so that

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you don't get overwhelmed with a lot of

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the information is you ask yourself

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what is the most important thing

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that i need to learn right now

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so that's the question what is the most

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important thing i need to learn right

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now so

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when you have that question then you can

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filter out what kind of books you want

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to read

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or let's say for example what kind of

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courses you want to attend

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or maybe

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suddenly you think of specific people

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that you want to talk to and learn from them

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and so you need to filter out from

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yourself first by asking that question

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and so interestingly

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um that's

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that's how I read books nowadays so I

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don't read the whole book

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and when I say book like non-fiction

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books right like books with you know

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how to say personal development in it

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like for example I have atomic habits

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I have the obstacle is the way from ryan

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holiday built to last

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I have art of war

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marketing books um I have here on my

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messy table the magic of thinking big

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by david schwartz so

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so a lot of this books

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you actually don't need to read it from

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start to end

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so once you ask the question what is the

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most important thing i need to learn

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right now

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then you can go through the specific

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chapters in that book and then read from

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there then you can go through a lot more

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books in one year

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right so

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that's one way okay so first let me

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repeat so the first way to improve your

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mindset is to learn as much as

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you can right learn as much as you can

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okay then the second way

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to improve your mindset

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is working on the unseen

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so the unseen is the things that you

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don't know the unconscious part

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so work this is what we call in our

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industry the inner work

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and when you can work on yourself and

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this is going back to another question

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earlier is the strengths and weakness right

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if you can work on yourself do the inner

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work then

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uh your mindset improves as well so how

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do you improve that

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one of course is get yourself a coach

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so a coach will help you

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dig deeper and get into

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what kind of limiting

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beliefs do you have

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that is stopping you from achieving what

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you want and then

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the coach also asks you like very

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powerful questions like questions that

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you don't even think about

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and so that's how a coach will help and

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then if you have

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things in the past that

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you experience like trauma

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all of these things that can affect you

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right now

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or that are affecting you right now then

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i can also suggest you go and work with

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a therapist so one let me let me repeat

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right so how to improve the mindset to

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succeed one is learn as much as you can

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and by filtering what you want to

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learn the most important thing that you

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want to learn right now

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then you can filter out what do you want

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to study you know like books or courses so

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that's the first one

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then the second one is doing the inner

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work you know the unseen

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and you can do that by getting yourself a

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coach or maybe if you have trauma in the

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past then you can work on

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work with a therapist so those are two

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ways that you can

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work on your mindset so that improves

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cool thank you very much for that question

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oh hey there

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