The 7 fundamental steps of the founder to achieve the success of the family business

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"El éxito de una empresa familiar no se construye solo con buenas ideas, sino con decisiones firmes, acción constante y el compromiso de todos por un legado duradero."

Success does not come by chance, especially in the world of family businesses. This type of business has unique challenges, where family relationships and business decisions are intertwined. However, with the right principles, any founder can build a lasting legacy. Brian Tracy, an expert in leadership and personal development, offers us seven key steps that family business founders must continue to guarantee success on their way.

1. Eliminate negative habits

The first step is to eliminate those behaviors and habits that do not contribute to your growth. Procrastinate, fear failure, or maintain a negative mentality are some of the barriers that prevent success. As a leader, you are the reflection of the culture you build, and your behavior directly influences your team. “The greatest obstacle to success is the fear of failure; Eliminate this fear and new doors will open. “ Make a conscious effort to change those habits that are limiting you and create an environment that foster growth and productivity.

2. Take control of your life

Self -discipline is the pillar of success. As the founder of a family business, you must be a model to follow. This implies taking control of your time, your decisions and emotions. Organize your day efficiently and establish clear priorities. With a positive mind in the face of challenges, you will be able to inspire your team to follow your example. “The control of oneself is the key to personal and professional success.” Remember that your ability to manage your emotions and decisions will be the one determined by the direction of your business.

3. Dare to go forward

Family businesses face uncertainty, and fear of change can paralyze progress. However, the ability to make bold decisions is crucial. Innovation and disposition to adapt are fundamental for growth and competitiveness. “He who does not risk does not win.” Make decisions that take you out of your comfort zone and are not afraid to follow new paths. Your courage to face the challenges can be the engine of the transformation and evolution of the company.

“Success is not the result of a single action, but of the daily habits we establish.”

4. Decide what you really want

Vision is essential for success. Clearly define the short and long -term objectives for your business and your family will help you make strategic decisions. “You can’t get anywhere if you don’t know where you go.” Take the time necessary to reflect on what you really want for your company. What legacy do you want to leave? How do you want your business to be remembered? This approach will allow you to create a clear map to guide all your actions.

5. Exceeds procrastination

Procrastination is one of the main enemies of success. In a family business, postponing important tasks can affect not only business, but also family relationships. “Do not put for tomorrow what you can do today.” The key is to take immediate action. Divide the complex tasks into small and manageable steps, and make a commitment with yourself of acting without waiting for the perfect moment. Productivity is the consequence of acting, not to wait.

6. Become an apprentice for life

The world is constantly changing and success depends on your ability to adapt and learn continuously. Invest in your personal and professional development, stay updated in your industry’s trends, and encourage a learning culture within your company. “He who stops learning stops growing.” Being a leader committed to your own learning creates an environment prone to both individual and collective growth. Never stop evolving.

7. You never give up

The way to success is full of ups and downs. In family businesses, challenges can be even more complex due to family dynamics involved. The key to overcoming any obstacle is perseverance. “The difference between success and failure is not the number of times you fall, but the number of times you get up.” Keep motivation even in difficult times, learn from errors, and move on with a resilience mentality.

Success in a family business is not only the result of making correct decisions, but also to create a constant culture of action, learning and perseverance. The 7 steps recommended by Brian Tracy provide a solid guide for the founders, but the real success lies in applying these principles with discipline and determination. The formula is simple: Speak less, act more And success will be inevitable. “Success is the sum of small repeated efforts day after day.” Robert Collier.

About the author:

Twitter: @mariorizofiscal

The opinions expressed are only the responsibility of their authors and are completely independent of the position and the editorial line of Forbes Mexico.

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