$50,000 in 3 Months: 75% Fail! The Entrepreneur Personality Self Assessment Test

If you’re an aspiring entrepreneur or business owner, you know that success isn’t easy. But what if you could learn from the experiences of those who have achieved great success?

Picture this: a fresh internet chat room where 20 strangers come together, united by a big, audacious dream. Their goal? To generate a jaw-dropping $50,000 revenue in just 3 short months.

 

And what’s more, some of these individuals are on the brink of bankruptcy, making this dream an even more daunting challenge.

But despite the odds, these determined individuals roll up their sleeves and get to work. 

Fast forward 9 weeks, and the results are in. Two of the people in the group have exceeded $50,000, and a few more are close behind and making great progress. However, not everyone in this group is achieving the same level of success. 

So, what’s going on here? What is the secret ingredient that sets the winners apart from the rest?

Here’s the truth: all 20 individuals are highly intelligent and operate within the same niche, targeting the same audience. But it’s their mindset and actions that set them apart.

What Personality Traits Set the Winners Apart?

Whether you’re an entrepreneur or a creative professional, achieving success requires more than just having a great idea.

 

Here are the 12 habits of highly successful people that you can adopt to help you reach your goals:

1. Winners set launch dates, deadlines, and aggressive goals. They don’t just aim to release a product, they aim to release a product every two weeks, like clockwork. For example, companies like Tesla and SpaceX set themselves aggressive goals for the production and launch of their products, which helps them stay on track and achieve success.
2. Winners focus on one project with pinpoint precision. This allows them to give their full attention to the project and see it through to completion.  They don’t get distracted by other shiny objects, they stay committed to their one project.

    

   We live in a world where everything is fighting for our attention. And it’s not just the usual suspects like social media or TV. There are millions of other things that can scare you, take you off course, and emotionally destabilize you. And let me tell you, they are all vying for your attention like seagulls fighting over a French fry. But here’s the thing: winners don’t let them win. Winners don’t let them distract them from what’s truly important in life.

3. Winners prioritise getting something good out there quickly, rather than striving for perfection. They understand that perfection is often unattainable, and that it’s better to get something out there and improve on it later. This allows them to start getting feedback and making improvements. For example, a startup might launch a product with a minimum viable product (MVP) rather than waiting until it’s fully polished.
4. Winners embrace challenges and persevere in the face of failures. They engage deeply and process the error with a desire to correct it. They know that failure is inevitable, and that it’s important to learn from their mistakes. Take Thomas Edison, who famously said, “I have not failed. I’ve just found 10,000 ways that won’t work.”
5. Winners hunt out their mistakes. They don’t hide from their mistakes, they actively seek them. This allows them to identify areas where they can improve and avoid making the same mistakes in the future.
6. Winners are always learning. They understand that they don’t have all the answers, and they seek out knowledge and advice from others (and even know how to apply ancient Stoic principles to achieve success in modern-day online business.) This might involve networking, analysing successful companies, or reverse engineering products.

    

   Let me tell you about Warren Buffett. The man is a reading machine. He devours books like it’s nobody’s business. And you know what? It’s not surprising, because as we all know, leaders are readers, and winners never stop learning.

7. Winners focus on their unique selling proposition (USP). They don’t try to be everything to everyone, they focus on what makes them unique and use that to stand out. They also look at what successful competitors are doing and borrow strategies that work.
8. Winners identify their strengths and focus on building on them. They also identify their weaknesses and rely on others to fill those gaps. They don’t try to do everything themselves, they understand the importance of delegating tasks to others.
9. Winners look for people who challenge them to grow. They seek out mentors, attend conferences, and build relationships with people who can help them grow. It’s like that saying, “No man is an island”. And that’s especially true in the business world. You need other people to help you navigate the choppy waters of entrepreneurship. And winners understand that.

    

   If you want to be a winner, don’t be afraid to ask for help. Seek out mentors, accountability partners, and build relationships with people who can help you succeed. Because at the end of the day, we’re all in this together.

   And if you haven’t yet joined our Official AmpiFire Facebook group, maybe now is the moment. It’s a great way to network with other entrepreneurs, business owners and marketers, and learn from their experiences.

10. Winners are generous to their partners and stakeholders. They understand that success is not achieved alone, and they reward those who contribute to their success. They are givers, focused on helping others. They often ask themselves “How can I contribute?”
11. Winners prioritise marketing. They understand that even the best product won’t sell itself, and they invest in marketing and advertising to get their product in front of the right people. Whether it’s through social media, news articles, video, blog articles or traditional channels, they invest in getting their message out there. Because at the end of the day, it’s not about having the best product. It’s about getting people to buy it.
12. Winners stay focused on their goals, and they eliminate everything that tries to get in their way. Time management is key, and winners are the kings and queens of it. They stay disciplined in their work habits and know how to use their time wisely.

Remember, success is not a magic formula, but these habits can help set you on the path to victory.

The Personality Traits of Losing Entrepreneurs: What’s Holding Them Back?

Now, let’s talk about the losers in the entrepreneurial game.

 

Let’s dive in and see if any of these traits hit a little too close to home for you.

1. They drift and don’t hold themselves to deadlines or targets. These folks just can’t seem to stay focused on any one thing for very long, and as a result, they miss out on opportunities and fail to achieve their goals.
2. They can’t say no to shiny objects. The losers have a lot of projects on the go, but they find it too hard to abandon any one project to focus more on others. They suffer from a serious case of FOMO (fear of missing out) and simply can’t resist the allure of the next big thing.
3. They focus on perfection. The losers want everything ‘just right’ before they launch their product, but this takes a long time and they miss out on the learning process that comes from launching now. In short, they’re so afraid of failure that they never take the leap.
4. They are absolutely terrified of failure. They’re so afraid of flopping that they may never even get off the ground, and if they do manage to launch, they’ll hide in the shadows or point the finger at anyone and everyone when things don’t go their way. They’re often too scared to take a risk or face any kind of adversity.

   But let me tell you, failure is a part of life. It’s what makes us stronger, smarter, and more resilient. And these losers will never learn that lesson until they can face their fears and embrace the possibility of failure.

5. They are stubborn and blame others. The losers don’t want to be shown their mistakes or face them.  They’re hell-bent on proving to the world that their every move was right, and everyone else was dead wrong. They’ll even go as far as calling their customers stupid for not buying their product or blaming their friends and family for lack of support. It’s like they’re living in a parallel universe where they’re always right, and everyone else is just plain stupid. And let me tell you, it’s a sad, sad place to be.
6. They feel threatened by the success of others. They look at winners and make excuses. They see success and think, “Oh, that’s not for me, I’m different.” Instead of looking for ways to emulate successful people, the losers hunt out differences which they can identify as excuses for not being a winner.

    

   It’s like saying, “Oh, I can’t run a marathon because I have a different brand of shoes than the winners.” But come on, let’s face it, excuses are just a way to avoid taking responsibility and making the effort to succeed.

7. They forget about having any unique selling points (USPs) and just try to copy someone else (and do a worse job). The losers think they must do things differently from all the winners to stand out, but this strategy often leads to failure.
8. They try to handle everything and are reluctant to put their weaknesses in the hands of others. They’re a stubborn lot, aren’t they? They think they can handle everything themselves, but the truth is, they’re only setting themselves up for failure. When you try to do it all, you often end up burning out and producing subpar results.

    

   So, don’t be a loser. Recognise your limitations, and don’t be afraid to ask for help when you need it.

9. They avoid successful people. The losers are often too proud to take advice and criticism from those who have achieved success. They may even feel depressed around successful people because it highlights their own mistakes and shortcomings.
10. They are greedy. They’re so wrapped up in their own little world of profits and success that they forget about the people around them. They don’t want to share the wealth, and that’s a problem. Because when you’re unwilling to share your success with others, you’re missing out on potential partnerships and collaborations that could take you to the next level.

     

    It’s a classic case of shooting yourself in the foot. By being greedy, you’re actually holding yourself back from achieving even greater success. And let’s face it, nobody wants that. 

11. They focus on product first and marketing second. They think that just because they have an awesome product, the world will automatically come knocking at their door. They put all their energy and resources into perfecting their product, without giving a second thought to how they’re going to get it out there to the masses. And then, when the product inevitably fails, they scratch their heads and wonder why. It’s like having a party and not inviting anyone. Without solid marketing, even the best product in the world is likely to go unnoticed.
12. They are easily distracted. The losers often invite distraction into their lives as a way to avoid facing their problems. This may include checking email or social media, watching TV, or doing chores, all of which distract from their goals and dreams.

So there you have it, the 12 reasons why some people just can’t seem to get ahead in life. If any of these sound like you, it’s not too late to change course and start making progress towards your goals.

So, What Can We Learn From This Story? 

The “50K in 3 Months Pact” teaches us that success is not just about having a great product, but also about having the right mindset and taking action. 

It’s about being focused, disciplined, and willing to take risks and learn from our mistakes. It’s about being generous and sharing our success with others.

So, what’s holding you back? 

If you’re ready to unleash your 7-8 figure profit potential, we invite you to join AmpiFire Unleashed 2024. 

This live virtual event is designed to help you overcome your limiting beliefs, develop a winning mindset and take the necessary actions to achieve success.

It will also arm you with a proven plan to follow this year. 

Remember, success is not a destination, it’s a journey. 

It’s about making progress every day and taking small steps towards your goals. 

Get your virtual tickets to AmpiFire Unleashed 2024 now (while they’re still available).