The Difference Between Successful Entrepreneurs And Unsuccessful Entrepreneurs

By Mike Michalowicz (Google+)

Unsuccessful entrepreneurs say YES ten times more than they say NO.

Successful entrepreneurs say NO ten times more than they say YES.

 

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  • Domenick Celentano

    OK, so…how does the infographic help entrepreneurs and what should I walk away with here to apply tommorrow?

    • http://www.truepcoach.com/ Donna Leyens

      Domenick, what I walk away with is to figure out my core competency, what I’m the absolute best at, and only say yes to opportunities that are within my core competency. Stop saying yes to bright shiny objects that take away from my ability to excel, and to pursue opportunities that are a perfect fit for me.

      • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

        OK… so this is kinda uncanny, Donna. I just wrote my comment and then read yours. Great minds think alike (and so do drunk ones).

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      You need to know, with absolute clarity, what your core competency is. Then you must protect it from any “weeds” often cloaked as “opportunity” from limiting or distracting from your core competency. If it doesn’t serve what you are great at, don’t do it.

  • http://www.madebyamyd.com/ AmyD

    I’m printing this shit out and hanging it in our sweatshop

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      Now you are talking!!!!!!!

      Prove it… post a picture!

      • http://www.madebyamyd.com/ AmyD

         Here’s Heather at the trusty Consew! We based our whole staff meeting on this image. We say this stuff all the danged time and are trying to stop. BTW, our weekly staff meetings are the two of us, but we crank out an awesome TPS report.

        • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

          Bad azz!  Totally bad azz!!  Well done Amy.  And kudos to Heather for letting you post the picture.

          Keep me posted on how well it works… or in other words, how well you stick with the commitment!

          • http://www.madebyamyd.com/ AmyD

             We are still in step one but are keeping track of the whole thing

          • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

            Excellent.  Any resistance to implementing it? I just ask, because for me this process of change is HARD. Just like breaking any other old habit.

  • Justin

    “more than”

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      Thank you sir!  Corrected the first than, then, corrected the next than.  

  • Manuel S

    an amazing webinar Mike (with Daniel Marcos) thanks’ a lot

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      Manuel – Thanks for listening in to the event. It was a great time. I was thrilled to be able to connect with so many Mexican entrepreneurs!  

      What is the business that you are in?

  • http://www.TheGreatBusinessProject.com/ Ralph Quintero

    NO, NO, NO, NO, NO, NO, NO, NO, NO, NO, YES!  - Just wanted to make sure I was still on track!  ;-)  Great post Mike!  It’s so true.  The more focused you are, the easier it is to say “no” too

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      You sound like my wife, Ralph.

    • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

      BTW – Why do you think it gets easier as you are more focused?  Just habit?

      • http://www.TheGreatBusinessProject.com/ Ralph Quintero

        I think so Mike.  Once you start saying no to non-core things, you get more productive, which in turn makes you wonder how much more productive you can be if you say “no” to other things.   Eventually it becomes a habit.  For me, it became a bit of a game too.  I would say no to all of my employees even if I thought something was a good idea.  I would then see how bad they really believed in it based on whether or not they would challenge me on it and build a case for it.

        • http://www.facebook.com/MikeMichalowicz Mike Michalowicz

          Interesting. Did that ever build resistance, or did they ever get wise to the “game”?

          • http://www.TheGreatBusinessProject.com/ Ralph Quintero

            They got wise to it, but it really raised the caliber of what we were doing.  Basically, it made the entire team start to say “no” to non core things too.  Our meetings became more streamlined, our sales process became more streamlined and our services became more streamlined as a result.

          • http://www.MikeMichalowicz.com/ Mike Michalowicz

            Very interesting result. Thanks for sharing this Ralph!  I really appreciate it!

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