The Business Philosophy and Habit of Successful Sales and Business Owner with Ben Simkin

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What you do defines who you are. Every little habit contributes to your progress over time. Successful business owners have a philosophy and business approach that have brought them to where they are today. They know the importance of creating good habits and learning from other people. But what specific habits of successful entrepreneurs should you possess to improve and maintain success?

In this episode, entrepreneurs will learn how to develop themselves and their business philosophies. Our guest, Ben Simkin, a successful online marketing expert, shares his story. One of his main takeaways here includes maintaining a sense of focus and urgency. He discusses some specific habits he practices and how you can do the same.Join us in this journey of continuous self-improvement and making a difference in other people’s lives. Tune in and learn some great philosophies for business success from an online marketing and business growth expert! 

Here are three reasons why you should listen to the full episode:

  1. Discover what it takes to be a successful business owner.
  2. Learn how to remove your negative daily habits and mindsets.
  3. Learn from an online marketing expert’s take on working smarter and playing the right game.

Resources

Episode Highlights

Starting a Business: How Ben Emerged as a Business Owner

  • At age 13, Ben’s parents were able to get him a second-hand computer where he taught himself to program and write software.
  • At 16, he used this knowledge to help a business owner restore access to their computer system. The owner later encouraged Ben to start his own company.
  • At 21, Ben started his own IT company.
  • Ben developed an interest in online marketing when he saw its potential to make more money.
  • From here, he invests in books to learn more about the world of marketing, particularly online marketing.

Ben’s Best Habits and Philosophy in Business

  • Expect disasters to happen daily. Take note of them through journaling.
  • When something goes wrong, see how you can solve that problem. Turn that problem into an opportunity. This is one among the valuable habits of highly successful business.
  • Write down 10 things you can do to solve that problem. The difference is making massive focused action toward solving a specific problem. 
  • A sense of urgency and focus is what can make you earn large amounts of money. Tune in to the full episode to learn how Ben applied this philosophy to turn his company around. 

How to Maintain Focus and a Sense of Urgency

  • If you don’t get it done today, then it’s gonna be all over. That’s not one of the habits of successful business owners.
  • Work every day to never be in a losing position ever again. This will guarantee success in business.
  • Never betray the behaviors that brought you where you are.

Being Less Afraid of Failure Adds Value To Your Entrepreneurial Goals

  • The feeling of failure never goes away; you have to get up every day and keep moving forward.
  • If you’re in business, you have to keep pushing no matter what. 
  • But remember, you need to be focused so you don’t run in the wrong direction. 

Daily Business Habits to Have in Business as a Successful Entrepreneur

  • Observe how a successful and unsuccessful entrepreneur is running a business. 
  • If something goes wrong, sit down and think, “How could I have prevented that?” And, “Am I approaching that the wrong way?”
  • Many successful entrepreneurs emulate the habits of other successful people, not their marketing models. 
  • Increase your productivity by three hours a day, then compound that over 10 years. The success you can get from those little things compounds over time.

Business Tasks: Wake Up Early and Weed Out the Bad Habits

  • What you do defines who you are as well. If you want to become a successful entrepreneur, then practice a positive morning routine. It should include the right habits and steps on how you can achieve your goals.
  • You don’t want to get to the point where you find it so difficult to change a bad habit.
  • Pick up on your bad habit straight away; you don’t want to leave it until it becomes a problem.

Daily Routine: How Ben Grew His Company 

  • Scalability is critical. The average small business can’t grow to $10 million, because there’s no real infrastructure.
  • You’ve got to play a different game, and you’ve got to play the right game. 
  • You need to think about your target market when generating leads. You need to know them better than they know themselves. 

Track Your Progress: How You Can Understand Your Target Market Better

  • You want to approach anything in life or business from a philosophical point of view.
  • Think about how you’re going to write an impactful letter to someone so that they’ll take action. This is what copywriting, marketing, and advertising are about.
  • A crucial skill to have is empathy. You need the ability to step into the shoes of your target market. 
  • Identify and communicate the impact that your product or service can bring to your target clients. 

Connect With People

  • Pooling resources together with your competitor may sometimes be the smarter choice.
  • It’s better to have a smaller piece of a larger pie than have the entire pie to yourself.
  • When you collaborate, you make a project or business more about the customer. 
  • If you work hard and in silence, your results will speak for themselves.

Manage Your Time and Be Laser Focused with your Business Goals

  • If you focus a laser on one point on a piece of paper, the paper will burn. The opposite can’t be said for when you spread the laser out.  
  • And so, the only way to get to success is to be laser-focused. 
  • You can tell how successful somebody is by how many things they’re doing. If you’re only doing one or two things at the most, you’re doing well. Once you have a goal, see it through.

Inbox: What the Future Looks Like for Ben Simkin

  • Ben is working on building a legacy and investing in companies that will outlive him.
  • Ben is open to mentor others.

The Best Type Client Who Can Help You Reach Your Goals

  • Ben enjoys working with those who have a good attitude and accept that they don’t know everything.
  • Getting a mentor means that you want to get the perspective of someone who’s achieved what you want to achieve. 
  • Remember that one of the biggest life lessons is to be open to new possibilities. 

Two Powerful Quotes

“I'm fully prepared mentally to say, ‘Well, let's deal with that. I expect that to have happened; how do we make the best of that?’ And then, we move forward, and move forward.”
“If you're in business, you have to keep pushing no matter what; you can't take the pedal off, you can't take your foot off the pedal, I mean. You gotta keep going. And at the same time, you've got to have the right direction, the right focus. Because if you're just running, running really fast in the wrong direction, it's going to make things a hell of a lot worse.”

About Ben Simkin

Ben Simkin is the founder of BusinessNET. It is an online marketing firm from Australia that has since boosted client revenue by over $900 million in sales. His company has 16 years of experience providing clients with an online marketing strategy that can boost sales. They work with established businesses to provide lead generation and improve reach. Their marketing strategies can grow businesses by up to $300 million per year.

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