LIVING WELL Magazine

SENIOR Magazine discusses how mindset can spell success for entrepreneurs and home based business owners.(Part 11of 12) 

According to Bob Reiss in his new book “Bootstrapping 101”, there are 12 attitude attributes that can put you in the right mindset for achieving entrepreneurial success.  Here is number 11. 

Rebound quickly from setbacks
There surely will be plenty of ups and downs as you build the business. Learn from the setbacks and move on. You can’t change the past. 

At SENIOR Magazine, we know that most of us fear failure. It is natural. Who wants to fail at anything? Besides, if you do not try, you cannot fail, and you will not haveto deal with those negative emotions. If someone tells you that you can’t do that, what they are really saying is that they can’t do it.  We’ve all heard “failure is not an option.”  Successful entrepreneurs see failure as an opportunity.  Quitting is not an option. 

Franchisors have made mistakes. They have survived their mistakes and can guide their franchisees not to make the same mistakes. Upon joining an established franchise system, new franchisees receive comprehensive initial training in the operation of the franchise system, its product, services and methodologies. While the cost of entrance into a franchise system includes a franchise fee – often cited as a disadvantage – a SENIOR Magazine franchisee benefits from a host of services including operations manuals, magazine design and layout, publishing services and direct mail services – to name just a few. Additionally, a SENIOR Magazine franchisee has not only their franchisor as a seasoned partner to answer questions, but also the network of other franchisees within the system who can be of assistance.