Theologically speaking, a fatal or mortal sin is thought to destroy the life of grace and charity within an individual and hence creates the danger of everlasting damnation. That all sounds pretty heavy to me. But when I began to believe about how reliant a service is on individuals, it made sense that the 7 fatal sins might show our worst entrepreneurial mistakes. What do you think?



I am a big follower in striving. Being hardworking means doing the finest and finishing every task effectively. Do not take any shortcuts and do not think that working clever means there is no need to be difficult working. Even when you work clever, maximum effort is needed. Think again if you think that getting promoted is about working clever.



To grow and to expand your wealth you have to invest. A particular part of the profit needs to be reinvested back into the organization or into another sustainable company that will generate more income. You have to sit and go down at the end of the month and exercise how you are going to invest your investment proportion to truly make more cash. If this is done on a monthly basis it will cause a snowball effect and your income will soon expand to levels you never dreamt of.

Third and most likely essential when taking a look at a brand-new MLM company is what is the market place requiring today? The most rewarding time to be a part of company is no doubt in the first 2 years but just if that brand-new MLM company is showing momentum and speed in its launch. Otherwise it might take you years to see any considerable results as the growth is simply too sluggish. Understand the market location and the timing and patterns of the general public. Where are dollars being invested today? , if it is obvious that the item of this new MLM company is ahead of that pattern; than you have the potential for a goldmine..

Pride - Believing you are the only one who can do a fantastic job. When there are a million things to do and you do not have time to fix mistakes, or when the outcome of a mistake is the loss of profits you actually can not pay for to lose, it's simple to fall into the trap of believing you are the just one that can do a task well. But if that were real, no business would ever grow beyond the examples of sustainable businesses size of a "Mother & Pop" store. The harsh reality is that you have actually not taken the time to develop scalable systems and procedures and train your staff correctly.

Now, I know better than Cage the Elephant (a popular rock band) that "money don't grow on trees." Everyone has at least one mouth to feed, and quitting a job that offers your family can be scary or difficult, particularly with the state of things in America today. Nevertheless, I like to encourage people to think outside the box, and take risks that don't have any particular result; it's one method we grow as human beings and you never ever know what closing one door will do for opening another.

At the other end of the scale are one-off projects. These are prepared, take time to bid for and have a conclusive start, middle and end. Once a job has actually been completed, you require to replace it or your profits will fall. These low inertia projects keep you on a continuous sales treadmill, which can seem like you're running just to stall.

When you have actually perfected your abilities to this level the making potential will have no limitations and absolutely nothing will stop you from growing a big effective business.