One of the keys that most very successful business owners use is a process called modeling. Modeling is when you study how other successful people think and behave. In The CEO Factor™ Retreat, we share a unique strategy for modeling with our CEO Factor Profiling process. It’s an extraordinary way to short cut your path to six and seven figure success in record time.

Part of the CEO Factor™ Profiling process includes “mindsets” of successful entrepreneurs. By understanding how an entrepreneur, who has similar aspirations as you do, thinks you then can shift yourself quickly into creating new results. I’ve personally been inspired by two amazing entrepreneurs lately so I thought I’d share their “CEO Mindset” nuggets with you. As you read their 6 mindsets, pay attention to any that you might personally benefit from right now.

Tony Hsieh, 34 year old CEO of Zappos.com shared some brilliant insights into how thinking like a CEO will help you have the team you have always dreamed of. After having sold his first company at the age of 24 for over $285 million dollars, Tony realized he hated the culture of the company he had created.

He had not started with the end in mind…he did what most of us do and just built a business based on his skills and talents. Knowing he needed to do it differently, he built Zappos.com based on the outcomes he wanted for his clients.

Here are a few of his golden nuggets:

  1. Decide if you are building a long term sustainable company or a small business based on your skills and passions. When you know what the end result you want is you make better decisions along the way.
  2. What are the values that you want your team to uphold? When you hire for the right values you minimize problems and breakdowns. Your team will make better decisions on their own because they are “wired” the same way you are.
  3. Communicate your vision. If your team is not performing then perhaps YOU lost sight of the vision. Having a compelling vision that your team is excited about is one of the fastest ways to grow.

Bob Parsons, CEO of GoDaddy.com is a brilliant visionary and huge risk taker. You might say that Bob is more of an “empire builder” – someone who has built multiple businesses and thrives in the challenge and risks of building something new.

When Bob presented his keynote speech, I was intrigued by the many business evolutions he has experienced in his life. Which basically means, he’s tried things, some worked, some didn’t and many have failed Here are three of his insights you might enjoy:

  1. Stay out of your comfort zone. Nothing big and exciting EVER happens inside your comfort zone. Seek out ways to get outside this zone and be willing to get uncomfortable.
  2. Never give up – almost nothing works the first time. Truly successful people have a LONG RANGE vision. Not a short term perspective or a one shot deal. Be willing to make some mistakes in the short term to get where you want to be in the long term.
  3. Be quick to decide. Nothing good comes of worrying or ruminating over a decision. Be willing to make the right decisions quickly. It frees up energy and keeps you focused on the right path.

Is there a CEO Mindset insight here that resonates for you? Or one that might challenge you to play a bigger game? I recommend if one does that you write it on a piece of paper and read it every day for the next week. But don’t just read it. Read it and act on it every single day. It’s a commitment to consistent action that will ultimately pay off for you.

Pay attention to what new ideas or shifts occur for you when you adopt one of the CEO Mindsets.

I want to hear from you. Do you have a CEO Mindset that has shifted something for you? If so, please share it with us in the comments section below.



One Comment

  1. #
    Shayna
    March 17th, 2009 at 11:38 am

    Hi Melanie,

    I often see advice about the value of being able to make decisions quickly.

    Can you explain how to differentiate between making quick and wise decisions and making quick decisions impulsively (and foolishly)?

    Oh… I think I maybe just thought of part of the answer – I bet it has to do with clarity of vision & understanding ROI?… is that it?

    LOVE to read your blog entries!

    Shayna

 

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