The Formula for Success (By Ken Foster)

Over the years of working with thousands of business owners and coaching clients, I have found that successful people apply certain principles repeatedly.

There’s a formula for success that, when used, will help anyone succeed. Sounds like a big claim? But, from my 35 years of experience in personal and business development, I am confident that this formula will work for you.

Formula #1: Dream Big

Always dream big, as it’s crucial to achieving great things in your life. All successful people would have had a great dream that they turned into a reality. Unsuccessful people are in such a state because their dreams are too small.

Dreaming big helps to:

  • Unleash your potential
  • Overcome obstacles
  • Innovate
  • Build confidence 
  • Inspire and elevate others 

Formula #2: Turn Your Dreams Into Goals

Dreaming is necessary, but what’s more critical is to set goals to turn those dreams into reality. Establish daily, weekly, monthly, and yearly goals. Without goals, you can’t convert your dreams into reality.

Formula #3: Identify the Purpose

If you have a strong purpose for accomplishing your goals, that purpose will drive you to complete your goals. In other words, the goals you set should be relevant to you. If they are irrelevant, you will easily give up when things get tough.

Before you start working on your goals, ensure they align with your values, aspirations, and overall objectives.

Formula #4: Prepare Yourself

Once you have set your goals, you should prepare yourself to achieve them. Preparing yourself to achieve your goals involves taking a visionary and calculated approach to set yourself up for success.

To achieve your goals, commit to completing the goals no matter what happens and then work consistently. Stay focused, stay motivated, and believe in your ability to turn your dreams into reality.

Formula #5: Visualise the Obstacles

Visualize the obstacles that may get in your way. Most people ignore this step, and it’s proven that if you miss this step, your chances of succeeding drop significantly.

By visualizing the obstacles to success, you can prepare yourself for challenges and develop strategies to overcome them. Visualization is a powerful technique used by successful individuals to empower themselves to face difficulties with greater confidence and determination.

Note: Obstacles are a natural part of success journey, and it’s impossible to avoid them.

Formula #6: Take Action

Taking action is the most important step to achieve success. Work daily towards achieving your goals, and you will automatically see yourself grow.

If you feel like procrastinating, remind yourself that if you don’t take action, dreams will remain dreams.

The Final Word

If you are just starting a business, the journey can overwhelm you. It’s normal for a person to have this feeling. You can find a business coach or mentor to help you overcome obstacles and achieve success quicker.

If you pick the right mentor, he will help you see things you can’t see and help you do things that seem impossible to you right now.

Next, you must build a network of like-minded individuals who can help you achieve your goals.

Ken D Foster has over 35 years of experience in personal and business development. Book a coaching session with Ken to realise your potential, master self-discipline, and grow faster.