ACTION is More Important than Knowledge!

It was Albert Einstein who stated that 'imagination is more important than knowledge'. Now if he had been addressing a room full of entrepreneurs, I hazard a guess that he might also have extended this quotation by saying that 'action is more important than knowledge too!'

Make no mistake, if you want to make your mark on this world as an entrepreneur you have to consistently take ACTION! Not only that, you will also need to have the ability to inspire other people into ACTION as well.

Learn by taking ACTION!

In our modern society we gravely underestimate the value and importance of experiential learning. We have become conditioned to mistake qualifications for competence.

As an entrepreneur, most of your learning will come from experience generated through taking ACTION. There is no text book, no seminar and no guru that can replace the value of you having an idea and taking ACTION on it.

Don't let a lack of knowledge stop you from taking ACTION!

Often what holds us back from even trying is our perceived lack of knowledge. Word's to the effect of 'I can't set up a business because I didn't finished high school' or 'I can't start a business until I've got my MBA'.

If you have spent any time at all studying entrepreneurs you will find a lot of them don't actually have university degrees. Often it is this simple fact that motivates them into pursuing the entrepreneurial path!

Continually Self Correct!

When you take the experiential approach to learning and developing your business, you need to be highly attuned to the feedback you receive from your operating environment. Be highly sensitive to feedback from your customers and clients. Establish mechanisms to monitor the results that you are achieving. Once these are in place, continually put pressure on yourself and your organisation to continually lift your standards of performance.

When you operate in this way you will not fear making mistakes as there are no mistakes only feedback.

Know what you don't know!

I heard a very successful (and to the point!) Australian trucking magnate asked the question "What kind of knowledge does it take to be successful in business?". He responded by saying that "If you know that you don't know, you'll be OK. But if you don't know, that you don't know, you're stuffed!"

As an entrepreneur, if you know you don't know something you can always ask someone who does. Remember that you do not have to know everything! Build up an awareness of the things that you don't know. Then surround yourself with people that can answer all questions you can't answer yourself.

What is the most important thing to know before you start a business?

The most important thing you need to know before you start a business is clear understanding of the special gifts that have to offer this world.

Once you have this awareness, ask yourself 'how can I share my gifts in a way that not only creates a better world for others but also enables me to live an extraordinary abundance filled life?'

Once you have that simply awareness?. you've guessed it? you're ready to get out there and start taking ACTION!

If you are then prepared to stand up every time you fall down you will magically begin to see your ideas manifest in the world.

Copyright Damien Senn 2005. All rights reserved.

Damien Senn helps entrepreneurs create compelling businesses. He is one of the UK's top Business Coaches as well as a fully qualified Chartered Accountant.

Damien is the author of the 'Senn-Sational Success Journal' and has developed his own coaching model called the 'Senn-Sational Success System'.

For your FREE download '101 things to do before you die' please click the following link:

http://www.senn-sational.com/freeresources.htm

---

Rebirth from the Ashes

The legend of the phoenix can actually be found... Read More

Motivation; 7 Musings on Motivation

1. Most of us are motivated by one of two... Read More

Walk In The Light

It was a mild October night, weeks after the horrific... Read More

Mindfulness and Birthdays: Surprising Moments

The first week of May is a big birthday time... Read More

Ability, Motivation, and Attitude

"Ability is what you're capable of doing. Motivation determines what... Read More

Ill Put My Money On The Kid!

Now, the Fun Part. It is nigh time to find... Read More

Change 101: How to Get the Changes You Desire

Here's a bold statement:Change can be simple and easy.It really... Read More

7 Tips to Keep up Your New Year Resolutions

There are many people who enthusiastically make their New Year... Read More

When Do You Enjoy Things the Most?

It's a very strange concept. When you are in a... Read More

How Self-Made Millionaires Overcome Procrastination

Do you want to know how the super successful overcome... Read More

Ideas Abound - But Youve Got to Take Action

Whether you are aware of it or not, we are... Read More

JJKs First Six Secrets to Becoming a Successful, Creative Entrepreneur!

Hello Creative Entrepreneurs!As many of you may know I have... Read More

About That Dream...

About that Dream...Remember your very first job? That all-grown-up feeling!... Read More

Move On!

I woke up one morning with a sharp pain in... Read More

Choose Your Suffering - Be Willing to Pay the Price for Success!

One day when my friend Todd and I were having... Read More

Are You in Touch With Your Inner M?

"M" is for Motivation.What motivates you to do a good... Read More

The Dawn On The Nile Valley Has Secrets To Tell! (3)

Me and Mao Tse-Tung!My first political experience was with Mao... Read More

Correct Your Mindset and Expel The Fear

The main problem with many of us is we loose... Read More

Procrastination: Make It Work FOR You!

Man, I love to procrastinate! And I'm pretty darn good... Read More

Motivtion: The Power of Responsibility

One of the things I've noticed about successful people is... Read More

Ambitiously Pursuing Your Own Self

(Excerpted from The Power of Ambition series)What is the origin... Read More

Self-Improvement-Inspiration: How to Exit Your Own Rat Race

We can all get in a rut from time to... Read More

Is Failure the End of Everything?

"The important thing is to learn a lesson every time... Read More

Hello! It Is Opportunity Calling!

If I knock at your door hold your hand take... Read More

Everything Going Against You

"When everything seems to be going against you, remember that... Read More

Get Off Your Butt and Create Your Financial Future?Now!

Most people have no idea where their money goes. They... Read More

What is Success?

Everyone wants success. People talk about setting goals and positive... Read More

Breaking Even: When is Enough, Enough?

I had the most interesting discussion today with a friend... Read More

Seeing Through the Pain

We must all suffer one of two things: the pain... Read More

A Turning Point

19 years ago, I was a young working mother at... Read More

Life?s an Illusion

I'll get right to the point. Life is not necessarily... Read More

If You Are Rejected!

This article exemplifies the inner working of emotional intelligence. Effectively... Read More

Break Free

I received an email the other day from one of... Read More