Builds reputation: Successful... - Deepstash
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  • Builds reputation: Successful business leaders set themselves apart from the rest of the pack by mastering the skills such as patience, communication, motivation etc. that lead to success. Patience enables us the ability to work steadily toward our goals. When goals are reached consistently, we build our reputation. Great reputations are developed through persevering, not giving up.

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MORE IDEAS FROM Patience: A virtue in Business and Management.

Why patience is needed
  • To evaluate and research the benefits and risks associated with critical business decisions.
  • To identify practical goals and set realistic expectations on performance.
  • In strategic planning, negotiations and critical thinking which have significant impact on the future of a business. 
  • To achieve the desired levels of success. Any endeavor that could potentially become a great success requires dedicated and persistent efforts. 

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Benefits of practicing patience
  • Optimism: When we are impatient, we are unable to work toward our business goals in a dedicated fashion. We have to be certain that rewards will come from adopting a more mature response. Patience can reward us with positive recognition, better sales, increased customer satisfaction or stronger profits. 

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RELATED IDEA

Criticism of teaching entrepreneurship

There is a high degree of skepticism around the idea that entrepreneurship can be taught in a classroom.

Numerous successful entrepreneurs never went to business school or graduated from college. The abstract analytical models of a typical business school curriculum is generally in conflict with imagination, disruption, and counterintuitive action needed for entrepreneurship. Still, many schools feel there is a place for formal education when looking at entrepreneurship.

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Effective communication

... is imperative for every successful business. Poor communication inevitably causes misunderstandings, confusion and conflicts that hinder productivity and professional relationships.

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The Beginning of a Mentoring Relationship

Starting a mentoring relationship can be nerve-wracking and awkward at first but don't let your fears hinder you from achieving your goals. In order to start a mentoring relationship you must have the following:

  1. Clarity about what you want. When goals are crystal clear, you're more committed to doing what's necessary.
  2. Contacts to start meeting people. Look for potential mentors and jot down into a notebook and save their contact details and reach out to one or two at a time and ask for an informational meeting.

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