The Entrepreneurial Process


Tom Corley boats - crop

After five years of studying self-made millionaires I’ve come to the conclusion that there is a process they all seem to follow. Here it is:

  1. Take a Risk – Pursue some big dream in life.
  2. Develop Goals – Develop goals around your big dream. Goals are the action steps you need to take in order to realize your big dream.
  3. Take Action – Pursue your goals.
  4. Fail and Make Mistakes – When you take action you will find out what works and what doesn’t work. You will fail and make mistakes.
  5. Revise Goals – Failures and mistakes help provide critical feedback on what you did wrong. That feedback will help you develop revised goals.
  6. Take Action Again – Pursue your new goals.

Repeat steps 4 through 6 until your action produces success – goals achieved. Every goal you achieve will help move you closer to realizing your big dream.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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