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2015: 12 Principles of Business Success

April 28, 2015 by Joe McAuliffe

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12 Principles of Business Success

  1. FORBES – Formula for Success in Life:
    1. Family
    2. Occupation
    3. Recreation
    4. Body
    5. Education
    6. Spirituality
  2. PARFA – Formula for Success in Business:
    1. Prospecting
    2. Appointments
    3. Referral & Follow-up
    4. Finance
    5. Administration
  3. ISIT – The 4 Steps to overcoming obstacles and achieving goals:
    1. Identify
    2. Strategize
    3. Implement
    4. Track
  4. Tracking – Three critical questions to apply to evaluation of everything:
    1. What went RIGHT?
    2. What went WRONG?
    3. What could I do BETTER? (Progressive habit)
  5. Always use the Pareto Principle or 80/20 Rule.
  6. Drill Down-Focus your efforts an inch wide and a mile deep.
  7. The only way to eat an elephant is one bite at a time. (Baby Steps)
  8. Best way to teach a client or yourself is through Spaced Repetition.
  9. Document – If it isn’t in writing, it does not exist.
  10. Progressive – Most important new habit to develop.
  11. Believe in yourself – The greatest limitations are self-imposed.
  12. Generosity – The way to get everything you want out of life, is to help as many other people get everything they want out of life.

Filed Under: 12 Principles of Success, Cup O' Joe

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Managing Partner, is one of the top business consulting professionals in Florida. He has worked with Fortune Magazine, Oracle, Network Solutions, Computer Associates, and Lawyers.com. Some of MET’s current clients include Christie’s & Illustrated Properties, Coldwell Banker, Merrill Lynch, Smith Barney and Sotheby’s.
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