About Shane Krider
Shane Krider is a highly successful entrepreneur and life coach who has been a constant student of leadership development and personal development for twenty years. His desire to learn how to increase business results propelled him into the world of personal development. It was within this sector that Shane found professional and personal success.
Shane started his first business at 26-years old, working as an independent sales agent in the travel industry. His drive, passion and natural entrepreneurial abilities saw him achieve momentous success and within just two years he’d become a self-made millionaire.
An avid entrepreneur, Shane is continually expanding on his success, utilizing his passion for personal development and talent for public speaking, to launch new business ventures. Krider’s interest in the human spirit led him to be the Executive Producer of five documentary films. One of which, Unbeaten, was shortlisted for an Oscar.
Krider greatly values his wife and three children, and loves the opportunities his success has brought them. Being able to constantly travel together, while maintaining his successful business is a fortunate lifestyle they enjoy.
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No matter where you are in your business venture, whether you are starting a small business or purchasing an existing company or franchise, you need to take steps to evaluate the business’s potential and your abilities to make it work. You will need to research the risk and benefits of the opportunity at an in-depth level. The evaluation of business requires financial, product and human resource analysis. Make sure you review the potential pitfalls inherent in the business to make an informed decision and increase your chances of success.
Most businesses fail because of poor management and the owner’s inability to manage their resources. So, before you even start researching the feasibility of your idea and the market you plan on entering. Start by evaluating your talents, desires, and goals. Consider your willingness to take risks as well as the amount of time and energy you’ll need to make the business a success.
After you learn everything there is to learn about the investment required to purchase the existing business or franchise or the start-up costs you’ll need initially, evaluate your resources. The components that make up a financial assessment includes the amount you have in your savings to add to the initial investments.
Perform an extensive market research project to determine the feasibility of your business. In addition to gleaning statistics of trends and current customer buying patterns, you need to know who your customers are, where they are located and what kind of competition exists in your area.
A complete evaluation of a business opportunity includes a risk assessment. An honest appraisal of the potential risks inherent in your new business can help you prepare for possible problems and decide whether the risks are worth the investment. The general state of the economy, weather events, and your competition’s competitiveness are some risk assessment factors that could negatively affect your business.
Finally, evaluate the amount of support you expect to receive from your family and the community. You’ll most likely spend an inordinate amount of time in the initial stages of opening your new business, which could affect your family relationships.
Things that are invisible seem to sometimes overwhelm us. Projects begin to build up, team delegation becomes convoluted with scattered responsibilities and planning realistic timelines are no longer realist anymore. When things start to stray far from your grasp, planning and knowing how to set goals are all the more critical if you want to get beyond reactionary business and grow as a business.
Goal creation whether it comes to your business or any task that you want to achieve is critical. Ensuring individual goals are made is equally important as well. The challenge of aligning individual and team goals with organized objectives are goals is the next step and important of course.
Establishing a plan for achievement and following up on the goal is crucial to making the goals in the first place. Challenge your people to make sure the targeting aims are aggressive and not overly simple. If you are trying to set goals for yourself, the same applies. You don’t want to set goals for yourself that are completely unreasonable. Rather set goals for yourself that you know with hard work and determination, you will be able to achieve.
Goals are only realistic if everyone is on board. Utilize your teams and gain the cognitive diversity that is present with all kinds of thinkers and the full spectrum of behavioral tendencies.
If you are setting personal goals for yourself, asking a friend or trusted advisors for help is a great way to improve your goal setting skills. Asking someone for help will also give you an idea of whether or not your goals are achievable or if you’ve set them too high to start out with.
Goal setting is critical and it is a high priority and approached consistently throughout the organization, is the mechanism by which the business delivers results against its strategy. Goal setting is crucial for an individual purpose as well. The functionality of the individual who is setting goals depends on their success after achieving said goals.
Set goals that will motivate you. Without goals, you lack focus and direction. Goal setting not only allows you to take control of your life’s direction; it also provides you with a benchmark for determining whether you are succeeding.
To accomplish your goals, however, you need to know how to set them. You can’t simply say, “I want” and expect it to happen. Goal setting is a process that starts with careful consideration of what you want to achieve and ends with a lot of hard work to actually do it. In between, there are some very well-defined steps that transcend the specifics of each goal. Knowing these steps will allow you to formulate goals that you can accomplish.
Typically the harder you try to do something, the more you want it, the more complicated you make it. Sometimes you just need a simple reminder to remember what it takes and focus on the basic things.
By keeping a positive attitude, you are one step closer in achieving your goal, whatever that may be. What you shouldn’t do is lose your temper and freak out, in times of stress or denial. Keep your calm, and try to refrain from any negative thoughts. Focus on the positives.
Keep asking for what you want, keep a positive attitude, and just know deep inside you that you will achieve your goal.
It is a natural human state to have automatic goals set aside for you. When asked what your goal is, you typically don’t need that much time to respond to that question. Whether your goal is to start a business or make more money to provide for your family, it can seem so unrealistic. You have people telling you no, you have people doubting you, and being negative. You need to focus on yourself and your goals to be able to achieve what you want.
There are three simple ways to achieving any goal you set out for yourself. Don’t take no for an answer, remain positive and know that you will achieve your goal.