What are the critical success factors?



critical success factors
source - Pixabay

Santosh Gairola   By   santosh |  updated :   17 Oct 2018
Do you want to get massively successful in your life? There are a few critical success factors which are responsible for grand success?

This post compiles the secrets of successful people; After reading this post, you will learn how goal driven people think and act to become successful.

Therefore, this post refines the critical success factor in an easygoing way.

critical success factors

There are a few things which make successful people mindset different from others.

1 Successful people are fearless.

One of the significant problems of mediocre people which limit them to achieve far-reaching success is their fear of leaving security (Salary).

Mediocre people are afraid of coming in open field and act on their independent decisions. They want to stay in the comfort zone and live a safe tension free life where they can follow someone's order.

Although working on a comfort zone is not bad at all. In fact, in some of the cases, it is the best option, but it is not surely millionaire fast lane.

2 They don't believe in living a mediocre lifestyle.

There are 90% of people who are living an average life, and only 10% of people are living the life they want to live on their terms and condition.

As defined above, In all their life mediocre people have the habit of taking orders from their bosses.

On the other hand, successful people believe in taking their own decisions and acquiring important life skills to overcome every barrier that comes on their way.

Therefore the successful people way of thinking is different from others; these successful people believe that your body can stand almost anything. It's your mind that you have to convince.

3- Successful people aways awake hungry.

There is a burning desire to achieve success in successful people. They never settle down in the less.

Successful people are always hungry for their initial success; they don't rest until they achieve anything.

They are always the hardest worker in the room. They are the one who either awakes at morning 5 am or goes to sleep in that time.

They think, act and dream their goal only; rest thing which doesn't come in their way of success doesn't exist for them.

4 - Unsuccessful person act billionaire whereas successful person act broke.

It is another problem of average people they invest their hard earn income in pretending that they are highly successful.

For doing that they buy expensive stuff on credit and loans. They buy those items which are the liability on them rather than assets.

According to Robert Kiyosaki Rich dad poor dad book summary, anything that brings money inflow is an asset, and anything that outflows the money is a Liability.

For example, if your mobile phone is not helping you to make extra cash for you, then it is a liability on you rather than an asset.

5 - Successful people earn their money from the investment return.

Another main trait of the successful person is that they believe in creating the cycle of returns after investing their money into stocks, bonds, golds, restate and market.

What are the critical success factors
Source - Pixabay

6 - They focus on passive income streams.

If you don't find a way to make money while sleeping, you will keep working until you die.

It is all about creating an automatic system which can help you making money while taking nap once you have started the system correctly.

Here are the few passive income streams

  1. Sell your online course
  2. Create a helpful youtube channel
  3. Rent your apartment for recurrent income.
  4. Write an exclusive ebook and sell it on Kindle store.
  5. Try out some Affiliate Marketing strategies.
  6. Create and design your product and sell it online.
  7. Sell your online asset like photographs or services.
  8. Sell your music if you are creative.
  9. Start your Blogging carrier.
  10. Podcasting, online consultation.


10 critical success factors

Most of the self-made billionaire is interested in creating a passive income stream. They like delayed gratification instead of instant gratification.

Let's have a close look at the crucial steps to becoming successful.

1 Apply appropriate goal setting

Successful people never have dreams in their eyes; they have passion and ideas to execute their goals.

Apply appropriate Goal setting , without setting a realistic goal in life; you cannot achieve anything.

2 Don't do it for money.

Successful people give priority to time, energy and money. They love what they do.

Therefore, they don't work for money; they work for the passion for their work and money is the byproduct of their hard work.

3 Work harder than you ever thought.

The prominent truth behind their massive success is their hard work; they are the hardest worker in the room. They know very well that there is no alternative to the hard work. Time and experience help them to work smartly.

4 Understanding failure is part of the success.

Don't be afraid to fail, be afraid not to try. Successful people learn the lesson from their failure and progress towards victory.

Failures effects you more in the public before success arrives you secretly, but successful people understand the meaning of both failure and success.

5 Taking the risk in life and moving forward

If you want to do something big in your lives, don't sit ideally at home. Go out and get busy with your passion.

Without taking a risk in your lives, you will remain in the same position and state. The fear will never leave you alone; therefore before getting old, you must take a risk once.

6 Change the vision not the goal of life.

If you are not achieving results after all the sacrifices and hard work; then there must be something wrong in the way of your approaching success. Seeks some expert advice or change the vision but not the goal of life.

7 Recognize your strength outsource your weakness.

Recognize your strength, and work on improving them. Keeping faith in your abilities will help you to overcome all your shortcomings. If required you can outsource your weakness.

8 Create multiple streams of Income.

Focus on creating multiple sources of income, with the growth of internet you have limitless possibilities.

9 Attract your success

The universe is open and connected to you. Let the law of attraction work on your favor. Be thankful to Lord, whatever you have in your life.

They take care of their health; every successful person takes care of their psychological and physical health.

10 Give back to society.

They know the value of money more precisely as compared to average people.

Hence, successful know that without giving back to society they cannot fulfill their moral responsibilities.

Successful people never worry about what others are doing? They mind their own business or job. One needs to understand that success can be commercial, emotional, physical or psychological depending on the circumstances.

Conclusion

In this post, we have shared the critical success factors.

If you learned something from the post, please feel free to share it on the internet.

We will be thankful for your kindness and compassion.

Please keep smiling and stay blessed.

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