Author: mike

Entrepreneurship Attribute 2 Ambitious


What is it?

Ambition is the motivation fueling the planning and strategizing of the development of a business.

Entrepreneurs will face hurdles when launching and running any business.

These hurdles may be overcome through ambition.

An ambitious entrepreneur sees business obstacles as opportunities to grow and failures as learning experiences.

Why is it important?

Goals are key elements in the creation and success of any business.

An entrepreneur must set aggressive goals in order to set his or her business apart and create a competitive edge.

Ambition is a character trait that allows an entrepreneur to overlook his or her limitations and set goals that will lead to success for the company.

Most entrepreneurs are ambitious.

It is often the degree of the ambition that sets one entrepreneur apart from the others.

Ambition empowers an entrepreneur with the ability to realize his or her dreams of greatness.

Ambition allows entrepreneurs to set goals, which will allow for the conversion of these dreams into reality.

Ambitious entrepreneurs are driven to succeed and seek to expand their businesses.

An entrepreneur’s ambition allows him or her to see the bigger picture.

Ambitious entrepreneurs are able to stay committed to achieving their goals regardless of the obstacles.

How do you obtain it?

Entrepreneurs are often labeled as dreamers.

It is the conversion of these dreams into goals that shows ambition.

In order to create ambition, you must begin by developing a vision of what you would like to create for yourself.

Do not concern yourself with your limitations or the time and energy it will take to create your vision. Simply define your ideal circumstances.

Once you have created your vision, begin to set aggressive goals.

Make sure that your goals are measurable and have a fixed time when they should be completed.

Make yourself accountable for your goals to a friend or loved one who is willing to help you achieve success.

How do you further develop it?

Meditation is a great way to develop your ambition.

By taking time to envision where you want to be and to create the feelings associated with the success you wish to achieve, you will be more likely to accomplish the goals that will lead to your success.

Completion of goals, both large and small, will add to your ambition levels.

Practice accomplishing small goals that will build your business and begin to enlarge those goals and create an environment of success.

For More Information:

Book a 30 minute complimentary Coaching Session Here:

Contact:            Mike Patterson

              Mobile:               +9715-6345-069



Entrepreneur Attribute Adaptability

Attribute: Adaptability

What is it?

Adaptability is the willingness and ability to change and improve in order to meet the needs of different industry swings, market circumstances, and dynamic business needs.

Adaptability allows the entrepreneur to remain pliable and composed throughout unpredictable situations and market anomalies, while becoming stronger through the necessitated and improvisational change.

Why is it important?

There are two components of adaptability, which make being adaptable an essential item in an entrepreneur’s repertoire of attributes.

The first is an entrepreneur’s willingness to change and be flexible as circumstances demand.

This is critical to life in general, but most pertinent to business as both are dynamic and have an essence of unpredictability and chaos.

The simple fact is that life and business are nebulous corridors where planning and thoughtful preparation may not equip you for every situation that may occur.

Different market factors, such as stock market fluctuations, inflation, or current events may influence a strategy, causing a sudden 180-degree change in direction.

The second component is an entrepreneur’s uncanny propensity to improve and excel in opportunities for adaptation-becoming stronger through change.

Entrepreneurs view change and thinking on their feet as an opportunity for reward rather than risk or hazard.

The simple fact is that life and business rarely go according to plan and require both a tolerance for uncertainty and confidence in dealing with it.

Entrepreneurs may run into numerous dilemmas ranging from technology problems during a critical presentation with investors to something simple like not having a business card to hand out.

There may be several areas that require a tolerance for uncertainty and a steadfast approach to being adaptable, especially in the beginning stages of a business.

Entrepreneurs may be required to endure financial insecurity while raising capital, remain flexible to meet other’s schedules and calendars, and prepare multiple presentations depending upon different unknown variables, such as room size, resources, audience, etc.

How do you obtain it?

Sometimes being able to adapt isn’t solely mitigated by the ability to think on your feet; in most cases, thoughtful preparation is the genesis to successfully adapting to different environments and situational needs.

Prepare, rehearse, and know your material inside and out.

This will provide you with a great start to being flexible.

Make it a point to be willing to change.

Be open to new ideas and unplanned activities.

Very little in life is fixed, and entrepreneurs must be willing to be flexible.

How do you further develop it?

To develop this trait one may try thinking through different scenarios: worst case, most-likely case, and best case.

This simple preparation method allows you to be ready for different situations, even though it may not cover everything.

Visualization is a great way to prepare without the pressure of being forced to think on your feet.

Try visualizing a presentation without all of your notes and cheat sheets.

It may surprise you with how well you do.

For More Information:

Book a 30 minute complimentary Coaching Session Here:

Contact:            Mike Patterson

Mobile:               +9715-6345-069



Are You An Entrepreneur?

Are You An Entrepreneur?

Do you have these attributes?












Problem Solving



Risk Management




Team Player


Dream works

Sometimes we feel we’re ‘stuck’ in life, and maybe even feel a little confused about what we really want to do in life. It isn’t impossible to figure it out, and one way of accomplishing this is by interpreting your dreams.

We dream about one to four hours every night, and if we take the time to do the work, these dreams can be deciphered, allowing us to connect the dreams to our inner needs.

When dreaming, the subconscious part is telling our conscious part what it is that we need to work on. Even though dreams tell us what we need to do, dreams use imagery, not logical thoughts, to convey messages to us.

It is suggested that we write ourselves notes on cards, telling ourselves that we are going to remember a dream tonight and keep looking at that note, throughout the day. It may also be a good idea to hang it by the clock, or somewhere that we are bound to see it several times a day.

We should also have a notebook, or a recorder, by our bedside.  When we wake up, and the dream is fresh in our minds, we write it down quickly. Try to remember the details, as these are usually crucial.

First, write down the first image that we see. This could be a person, object, situation, color, sound, or speech. Then determine how we feel about it.

Does anything come to mind when we see the image?

Usually, the image will inspire several associations. We then need to decide which of these associations we feel strongest about or has the most energy. Focus on one that really “clicks,” or has the most energy.

We must try to connect the dream to our inner selves what part of us feels like that. If we then write down the parts of our lives that correlate with the dream, this will help to interpret the meaning behind the dream.

The next step is to try to “honor” the dream by talking about it, re-analyzing and basically just trying to figure out what our subconscious part is telling us..

Usually, it is best to try to interpret the dream in parts, and then putting the parts together, to get the whole picture. This is called dream integration and is crucial to figuring out what our dreams truly mean. This usually cannot be done very quickly.

Keep in mind that dream images are associations, and those associations are parts of our inner selves. These parts need to be put together and understood before they can be used to help further our personal growth and understanding of ourselves.

As a final note, there are many books (and ebooks,) covering the interpretation of dream images, but try not to follow them too closely. They are perfect for use as a guide. But not every image means the same thing, every time. With that in mind, go grab your notebooks, and start dreaming!

Dreams And Goals

In this short article I’d like to discuss a certain kind of belief that holds many people – people who are quite capable and talented – back from reaching goals, realizing dreams and becoming all that they can become.

The concept of the “Absolute Presupposition” is central to this discussion. (The term was originally coined by the British philosopher R.G. Collingwood, in a somewhat different context.)

What is an absolute presupposition?

For our purposes here we may define it as a statement that is necessarily, unquestionably, inarguably true. You cannot imagine the circumstances under which it can be false. “Two plus two equals four” is a statement of this kind. So is “If you throw a ball up in the air, it will fall back to Earth.” Absolute presuppositions are statements we must accept as true if our world is to make any sense to us at all.

However, as we shall see in a moment, sometimes we mistakenly believe a statement to be an absolute presupposition…and it turns out that it really isn’t.

I’m going to suggest that if you are encountering an unusually tough problem in life – whether it be in business, the arts, sports, your personal life, whatever – it is because you are believing something to be an absolute presupposition which really isn’t one.

You believe something to be necessarily true and it isn’t even true at all, never mind necessarily so. Let’s look at some instances.

In the Middle Ages people believed that if you sailed a ship out to the line of the horizon, where the sea and sky met, then you would fall off the edge of the planet. Why? Because they believed the Earth was flat. They could not possibly imagine that it could be otherwise because they had no knowledge of the laws of gravity and physics – a round Earth was simply inconceivable.

“The Earth is flat,” was an absolute presupposition, and every single person who was alive on the face of the earth believed it to be true. Yet it isn’t true.

Similarly, at one time in history, it was thought to be impossible for a human being to be able to run a mile in less than four minutes. People believed this to be true for untold centuries – millions, even billions, of people at one time took “It is impossible for a human being to run a mile in under four minutes” to be an absolute presupposition.

Yet it was shown to be untrue when Roger Bannister did it. After Bannister, runners everywhere started beating the time.

So then: beliefs exist in your own life that is similar to “The Earth is flat” and “It is impossible for a human being to run a mile in under four minutes.” These beliefs are what hold us back from our greatest potential. We set up obstacles and impediments by taking for granted, and by not questioning, beliefs that we mistakenly hold as sacrosanct.

By identifying these beliefs, and by examining how we might break free of the constraints they impose upon us, we begin to make incredible progress in all we want to do.

Don’t Pull Up The Seeds When You’ve Just Sown Them

All new ventures of goal-building follow a set pattern in which your initial euphoria is quickly replaced by lonely struggle. Don’t let this phase fool you into giving up as it does for so many.

This article will show you how to treat this phase as an essential part of your success.

Why is it that 95% of people who set themselves goals fail to reach them? In one word: impatience.

The most important and difficult stage of goal-building is the immediate stage after you set your goals.

In the first stage, there’s a brief blip of euphoria. But this soon passes and then you hit the arid plateau of learning. It’s in this phase that most people lose their way and give up.

But this is the phase when you have to hang in there despite appearances. Otherwise, it’s like digging up the seeds a week after sowing them. So, here, for those who need a roadmap through the arid plains of goal-building, is a 6-step guide to managing your impatience and keeping your plans on track.

 Have Plenty of Motivation Reminders.

One of the cruel tricks that life plays on us is to make goal-setting easy and goal-building hard. This is no more true than in the opening phases of working towards a new goal.

When we choose a new goal that seems within our reach, we are full of excitement and anticipation. It’s like the start of a marathon when everyone cheers us over the start line. But the cheers soon become a distant memory when we move into the second phase, the hard slog.

It’s in this phase that we need to have a ready supply of motivation reminders to keep us going. Here’s one I often use. It’s from Ray Kroc, founder of the global restaurant chain McDonald’s. Kroc was an amazing entrepreneur. He says that it is in the early stages of working towards a new goal that you learn the most: “When you’re green, you grow. When you’re ripe, you rot.”

Be A Fly, Not A Bee.

The chief problem with the early stages of goal-building is that you can never be sure of the right way forward, particularly if you are breaking new ground. You try something and it doesn’t work. You try again and it doesn’t work again. And again. And again. That’s tough. But it’s essential. Because you’re learning.

Karl Weick says that in this situation it is much better to be a fly than a bee. When you place a fly and a bee in an upturned jam jar, the bee will head straight for the light and repeatedly buzz against the bottom of the glass.

The fly, on the other hand, will dive frantically around the jar exploring every corner until he finds a way out. That’s the example to follow when you want to succeed: be a fly, not a bee.


Accept The Struggle.

Those who are eager to succeed often treat the second phase of goal-building as an unnecessary waste of time. They would prefer to skip it and jump to the next phase of success. But this is to misunderstand the whole point of the second phase. It’s there to toughen you up.

You may have heard the story of “The Man and the Butterfly” about the man who saw a butterfly struggling to emerge from its cocoon. To help it out, the man cut a bigger hole in the cocoon and pulled the butterfly through. However, instead of flying away, the butterfly was unable to fly.

Its body was too swollen. What the man did not understand was that the butterfly’s struggle to emerge through the hole forces fluid from its body to its wings and thus makes them strong and ready to carry its weight. Like the butterfly, we need to struggle to succeed.

 Be Objective.

In stage two of goal-building, it’s valuable to stand back and distance ourselves from what’s going on. We need to be tripeds not bipeds. Bipeds are people who see only themselves and others.

Risk-taking is a do-or-die undertaking. Progress is either a triumph or a disaster. Life is black and white, winning or losing. Tripeds, on the other hand, can distance themselves from their situation by finding a third position where they can observe things with objectivity.

Life isn’t either-or any more. It has depth, color, and many angles.

Don’t Judge Yourself.

Our win-lose culture puts great pressure on us to consider ourselves at any moment in life as either winners or losers. This means that failure is a bad thing and winning is everything. One of the most quoted expressions in our modern culture is: “Failure is not an option”. But this is to misunderstand the real nature of success.

We need to fail in order to succeed. And we need to fail big-time in order to succeed big-time. Practically every successful entrepreneur, from Thomas Edison to Walt Disney, experienced failure many times over. But they didn’t judge themselves. They interpreted failure as “not succeeding yet” and saw it as just one more step on the road to success.

Manage Your Morale.

Of course, it’s not always much fun to be stuck in the hard slog phase of goal-building. Nobody’s cheering any more. You have nothing to show for your efforts. And the dream still feels as far away as ever. That’s when you have to manage your morale.

That means managing your stress, keeping things light, and working on the things you can’t see: your thinking patterns, your emotions, and your spirit. And, like the fluid in the butterfly, these may just be the things that will make you fly. “I can say: “I am terribly frightened and fear is terrible and it makes me uncomfortable, so I won’t do it.” Or I could say: “Get used to being uncomfortable.”

It is uncomfortable doing something risky. But so what? Do you want to stagnate and just be comfortable?” (Barbra Streisand)

We human beings are very similar to the plant world. We grow best when we work with Nature and time.

Don’t be in too much of a hurry to achieve your goals. If you hold on with faith, certainty, and determination, you’ll get there in due course when the time is right.

Do Goals Really Work?

I was talking to a friend of mine this morning about her financial goals for the year.

After listening to her for a few minutes, I interrupted to ask how she felt about those goals.

There was a long pause. Finally, I asked if I could share my thoughts about goals – why I don’t set them for myself, and why I think they’re terribly limiting and frustrating.

By the end of the call, she was in tears, and I nearly was. I had been in the right place at the right time for her, and had helped her see a new way of approaching her business, her clients, and her whole life – a way that felt scary, but spacious and even inspiring in ways that traditional goal-setting just can’t achieve.

Are you ready to try something new?

Here’s what I shared with her; I hope it will be as inspiring to you.

Goals are like Boxes

When you were a kid, it was fun to play in big packing boxes. But squashing your life into one is a very different feeling. And that’s what goals do.

I’ve observed over and over again, with myself and with clients, that setting goals creates limitations – and panic! Once a goal is set, you immediately start thinking about it; you can’t stop thinking about it. Everything you do is focused on achieving the goal. My friend saw all her potential clients as walking dollar signs- not very comfortable for her or for them!

“How will I meet my goal?

What happens if I don’t succeed?

Will everyone think I’m a failure?”

Then, as my friend commented this morning, there’s always the “Oh, I didn’t really mean that” thing that happens when a goal starts to feel unreachable.

On the other hand, when you finally reach your goal you think, “Ahhh… I achieved it. Now I can relax.” And you put your feet up and take a deep breath. Whether you do this literally or figuratively, you’ve stopped.

What amazing things would happen if you kept going?

You’ll never know.

An Invitation to Be

So I asked my friend, “Who would you be if you weren’t so focused on financial goals?”

There was another long silence, but this one was full of electricity – I could almost see the exclamation marks flying in her thoughts. Finally, she said, “I don’t know!”

“I’ve asked myself that question before,” she added, “but it’s always been what would I do. I never thought of asking who I would be.”

When you start with an intention to be something special, to be more of who you really are, the goals you might have set are nothing compared to what you’ll actually receive, accomplish, and experience.

Just as I’ve seen people box themselves in with goals, I’ve seen them set themselves free with an intention to be.

The more powerfully you set the intention, the better. Set an intention that stretches you, that pushes you out of your habits, that makes you feel nervous and vulnerable. Set your intention with commitment and heart, even when it frightens you.

I know someone who was always giving. Immensely generous of spirit and in action, she felt threatened and vulnerable in receiving

When she set an intention to be someone who receives as well as giving, she knew it would be challenging.

What she didn’t know was how amazingly rewarding it would be. She received gifts of friendship, service, joy, peace, and love that have changed her life forever, in ways she could not have imagined.

And all she did was set the intention – and then she noticed whether she was being in alignment with that intention.

What will you be?

Different Types of Goals That Take You to Success

Leaders set goals.

But they often set only one type of goal, and in so doing they set themselves up for failure.

Here is the complete tool kit.

1) Achievement goals

These describe results that you will have when you finish the goal.

Examples include: retire with a million dollars at age 65, earn a promotion by June, increase sales by 5%. Most major goals are achievement goals.

2) Action goals

These describe specific actions that you will take to accomplish achievement goals.

Examples include: meet with an investment counselor, attend a workshop to learn new job skills, contact all of the prospects in the database.

3) Layered goals

These specify the same goal with different levels of priority and difficulty.


Top Priority: Read one book each moth,

Medium Priority: Read two books each month.

Low Priority: Read three books each month.

Use layered goals to stretch your performance beyond minimum achievements.

4) Rate goals

These specify actions repeatedly done over time.

Examples include:

Read two books per month, exercise three times per week, or write in a journal every day. Many personal growth activities can be performed as rate goals.

5) Limit goals

These set boundaries.

Examples include:

Spend less than $5,000 on new equipment, go to bed before 10 PM each night, take less than 45 minutes for lunch while at work. These help manage priorities.

6) Exclusion goals

These state things that you will not do.

Examples include: Do not watch TV after 8 P.M., do not use a cell phone when with other people, do not eat junk foods.

These help you decide in advance which activities you will avoid.

7) Incredible goals

These goals are highly optimistic, farfetched, or uncommonly aggressive.

Examples include: Become CEO of a major corporation, write a bestselling novel, or win a Nobel prize.

These describe visions of ultimate success. If you set such goals, always supplement them with other more immediate and achievable goals that help you make progress toward these dreams.

Did You Fall Into The Biggest Trap of Goal Setting?

Goal setting is great, as long as you avoid its biggest trap.

The path to easy street requires having a system in place to ensure you are taking correct action on the goals you are setting.

Goal Setting! It’s a wonderful thing. All you have to do is set a goal and now your life is on easy street. Unfortunately, it doesn’t work that way.

But wait a minute, I thought goal setting is all the rage?

All I have to do is set a goal, everything becomes clear and all my next steps instantly appear. I guess that is possible, but you must avoid the biggest trap of goal setting.

What about your big goals that haven’t happened yet?

Most likely they will provide you with a very positive pay off and be good for all those around you.

Is it just a cake walk when you go after your goals or are there obstacles?

You have probably already encountered obstacles or you would have everything you ever wanted.

What are these obstacles?

Well, there is a huge variety of them. They can be physical, mental, spiritual and they differ from person to person and from goal to goal.

Knowing the specific details of the obstacles is nice, but what really matters is having the ability to consistently navigate around whatever might come up.

There are major areas where obstacles develop and the first area is not having a clear target or goal.

If you have no clue as to what your target is, how can you possibly know if you hit it?

How can you even start to plan a means to get there?

The second major area of break down is not having a clear plan or road map to follow. Your goal is doomed to remain in this dream state where you never take specific steps towards it.

The third major break down area is failing to track your progress. You have a great goal and a detailed plan, but you do not have a system in place to evaluate if your plan is working or if you are even following your plan.

All plans require that you follow them in order to create any value and most likely they will also need course corrections.

Once you start on your plan, you will discover new information that you didn’t know before and your plan will need to be updated.

Lastly, the final major area of break down is not having an outside means of accountability. Something that checks up on you to verify you are making progress towards your goal.

Now that we know the major areas where goal setting breaks down, what is the biggest trap of goal setting?

Simply put, it is not having a system in place that ensures you follow through on all the critical steps of goal setting. The good news is, once you set up your system, you can use it for all your goals.

First, your system needs to consistently remind you what your target / goal is. Many goals are abandoned because they were put off so many times, that thinking about them only reminds you of all the time that has been wasted.

Second, your system needs to track your progress. This enables you to make course corrections. Not only will it ensure you arrive at your goal, it also provides motivation by revealing all the progress you are making.

Finally, your system needs an OUTSIDE means of accountability. Something that checks up on you to make sure you have a clear target, you are following your plan, tracking your progress, and making the needed course corrections.

Avoid the biggest trap of goal setting! Develop a system that will guarantee you will follow through, no matter the goal, no matter the obstacle. Your goals are waiting and success is sure to be yours.

Develop Your Soul Goals!

When thinking about goal setting many people fall into the trap of only focusing on goals for themselves! By focusing on what we can get through goal setting we miss the real magic which is unleashed when we set soul goals … develop your soul goals today!

Occasionally when I talk with people about goals they seem to interpret the intention of goals as being to get more things.

Naturally things are important but there is so much more to goal setting that I wish to share with you.

Of course it is important to have goals for new things …

Perhaps your dream home by the ocean …

Maybe a nice shiny new car to get you around in style …

or even a new iPod to listen to your Goals Magic CD’s on 🙂

It’s great to set goals for new things, but not for the things themselves, rather what they will make of you to get them.

But there is another type of goal which I want to challenge you to think about and begin to set. It’s soul goals! Now I know you are wondering … what are soul goals and how do they apply to me and my life?

Great question, so come with me and discover why you will soon be applying them in your life.

Soul goals are those goals that are larger than you! They are goals that impact on other people and on the world around you.

They are goals that you invest your heart and soul into without any expectation of return. Soul goals are what gives life its passion, purpose & meaning!

Think of Martin Luther King Jnr … his whole life was dedicated to the pursuit of his soul goals! In the end he gave his life for his soul goals. It takes a mighty goal and a might man to give your life to.

What about Mother Theresa?

She passionately pursued her soul goals of taking care of those who were not empowered to look after themselves. Now I’m not suggesting that you will want to pursue grand goals that have a profound impact on the world around you … rather, that you look deep inside yourself and find something that you have a passion to contribute to the world.

What is it that you feel a sense of desire to do something about?

What cause can you see yourself adding value to?

What community, national or global projects are calling you to them and resonating with you?

All of us need soul goals that we can invest our hearts, our minds and our souls into. We all need to feel a connection with something larger than ourselves. Its inherent in our souls to want to give without expectation of return.

As you search for your soul goals now, open your mind and heart to the infinite possibilities to match your unique skills, wisdom, specialized knowledge, compassion, assets, contacts, networks, creativity, and genius to.

As you read these words knowing what you know about your incredible untapped capacity you can find a way to apply it in some way for the greater good.

Seek out your soul goals!

Set your soul goals!

Share your soul goals!

Pursue your soul goals!

Grow your soul goals!

Encourage others to adopt soul goals!

Here is a noble thought … for every five goals I set for me I have one soul goal to help thee!

Soul goals are paying back your debt of gratitude for the good fortune you have to be able to pursue your personal or business goals.

So add a little soul into your goals!