How do you become successful? There’s no one size fits all formula, but there are some essential elements that you need to know about if you want to become successful. In today’ episode, Rob interviews Scottish billionaire and founder of Clyde Blowers Capital, Jim McColl OBE. Rob and Jim discuss what it takes to become successful, how to motivate yourself, how to educate yourself, how to have an unwavering self-belief and how to take risks. Tune in today to discover the insider secrets to entrepreneurial success.

KEY TAKEAWAYS

Things you need to do for you to be successful.

• Everyone in life has his or her own needs, someone wants a big house, someone wants a nice car, someone wants to buy land or property, these are the things that drive us to work hard, but the extent of how hard you work depends on how much you want that thing.
• Have that belief that your ideas are achievable even when people think that your ideas are crazy. You must have self-belief because when people think that your ideas are crazy, you should know that they are big enough and you have to prove them wrong for not believing in your ideas and you have to prove yourself right that you have an achievable, big idea.
• Taking the first step in doing what you wanted to do is the most essential thing you can do in your business and personal life. Don’t just sit there and keep on saying that you have a business idea and you are not doing anything about it. Your idea could be the next big thing in future. Take the first step and do something about it, it doesn’t matter how many times you fail. This is the key to becoming the next big entrepreneur.
• You should also have that hunger for education, be willing to learn so that you can acquire the knowledge to build a business and run it smoothly and scale-up. Be willing to learn from the best and from people who have achieved success in their lives and their business lives as well.
• Start your business and do as much homework as you can to mitigate the risk, understand the market, be the expert in the sector you're in, do as much as you can and learn the competition in the markets, the products they're looking for and then make the decision.
• Be a person that is always willing to take risks in everything that you do because you can never be an entrepreneur or you can never achieve anything if you are not a person that takes risks. Big opportunities always come with great risks.
• Taking risks gives you pressure, you become responsible for more and more people. You feel a responsibility for them as you grow and it gets to a point where it's not all about you anymore. If you do something crazy and it doesn't work, that's fine if it's just you that it impacts, but if you've got hundreds or thousands of people that would be damaged, that becomes a real burden. And that's what makes you lose sleep at night.
• Have a positive visualization and have a clear vision, a storyboard for where you're going.
• When you start your business, you need to have a plan of what you want it to achieve or where you want it to be in a certain amount of period. Having a plan helps you to stay focused on your goals all the time.
• For you to be successful in your personal life and your business life, you must be willing to sacrifice a lot of your time and be willing to put in hard work. You have to be willing to get tired.
• Choosing the right people to work with is also a key element to having a very successful business.

BEST MOMENTS

• “The business that you're in is the best business to be in.”
• "Bonuses of doing better in your business, you get to meet some nice people and interesting people."
• "The need for something is what that drives you forward.”
• “If people do not think your ideas are crazy, then your ideas are not big enough.”
• “Sometimes the bigger risk is not doing something.”
• “Go big or go home.”
• "Awards should mean nothing because they don't change who you are."
• “Most people don’t want to see you being successful.”

ABOUT THE GUEST

James Allan McColl OBE is a Scottish businessman and entrepreneur. He was born on 22 December 1951 (age 68 years) Carmunnock, Glasgow, United Kingdom. He is responsible for the development of Clyde Blowers. In 2007, he was placed tenth on the Sunday Times Rich List in Scotland. He is best known for Clyde Blowers Capital.

[Business, mindset, entrepreneur, disruptors]

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Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”

“If you don't risk anything, you risk everything”

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