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Tuesday, September 13, 2011

What is a Wealth Accountability Partner?


Success can be done alone but why make it harder?

As an employee you have a supervisor to track your progress and hold you accountable to do the job you were hired to do.  However as entrepreneurs we have no one to make sure that we stay on point and do whats needed to get the job done.  Could this be the reason why so many fail in their first year of business?  Hmm, its definitely worth looking into statistically.  A great way to make sure you stay on track is to write a  to-do list.  But at that point you still have to hold yourself accountable.  How hard is it to do that?  Well for some it's very hard.  The concept of an accountability partner generally started around the 1960s as a way for people to help each other lose weight.  It is a beautiful concept and for many the only way for them to reach their goals.

But this concept spans far greater than just weight loss.  Why not have a "wealth accountability partner"?  Someone that helps you to stay focused and on the business at hand.  Someone that can encourage you when it starts to get hard and all you want to do is crawl under the covers and wait for it to be over.  Having an accountability partner can really mean a lot for your small business.  For some it motivates them to do more, out of fear of embarrassment  to the partner for lack of progress.  However, your partner should never belittle you or make you feel ashamed, the goal of an accountability partner is to motivate.  Besides, as an entrepreneur you must remove your self from toxic conversations and  eliminate people that gossip or talk negative.

My accountability partner and I text each other every day at 1:00 PM with a simple question.  "What have you done for your business today?"  That time is perfect because if nothing has been done it's still early enough to get a jump on things.  It really means a lot to people to know that there is someone out there that genuinely cares about them and their success.

The person that you choose does not have to be in your business although that may be best (unless that person is competitive and does not want to see you succeed. If that is the case why are they in your life anyway?).  You just need a business minded person that wants to see you succeed through increased  productivity.  However you choose to interact with your partner is truly up to you because you know what works best for you.  Whatever you choose, make sure it stays consistent for at least 21 days.  It is said that anything done consistently for 21 days becomes habit.  However, if you miss a day you have to start over.

Starting out in business you want all the help you can get. A wealth accountability partner can certainly help.  However it is just one of many tools needed for success.  If you take a look over to the left you will see a book called "Success in 10 steps"  by Michael Dlouhy.  click the image to download this free e-book and find out some other tools needed.  HERE'S TO YOUR SUCCESS!



"We are accountable for our decisions in our personal life so why shouldn't we be just as accountable in our work life." Catherine Pulsifer

4 comments:

  1. Thank you very much sir. Remind me to talk more with you about the forum. I'm just getting back in so I'll have to see which one is the best

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  2. Great suggestion! It always helps to have encouragement.

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  3. Yes Sheryl, it is far better to encourage than to criticize unless it's constructive in which it's encouraging you to become better

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