First, you should ensure you know what your goals are. Unlike a liberal arts degree, there’s really no reason to take classes you’re not going to use in course of your business. If you need to learn about Sarbanes-Oxley, you should focus on training there. If your company is getting ready to open a new division in Europe, then you need corporate governance training on specific issues you’re going to run into there.

Don’t just look at training outside your company. It may actually be cheaper and more efficient if you hire a consultant to come in and help train your executives one on one. This is especially true if you are focusing on a particular project, such as bringing your systems in line with Sarbanes-Oxley act.

If you do choose to go outside for training, look carefully at vendors that are available. Do you need intensive training in a multiple-day workshop, or do you just need basics that can be provided in a short training session? Do you have multiple needs that can best be addressed at a conference? There are also very good resources available in form of online training and computer-based training.

I think it’s fair to say that not everyone is cut out to be a successful Business Owner, now some of you maybe disputing this statement but hear me out.

I’m not saying that if you put a person in perfect Business environment that they won’t succeed but how often does perfect Business environment appear?

Based on my own study and observations, as well as, common themes that come through articles on my Minds Alike Blog Site (www.mindsalike.blogspot.com) I have put together a selection of various “things” that a person must possess to be a successful Business Owner:

·To be a successful Business Owner you must Believe that you’ll succeed and have a Positive Attitude because there will be times when self doubt strikes, but if you believe that success will happen then doubts will be overshadow by your positive attitude.

·To be a successful Business Owner you must be prepared to Risk everything, this is where many people give up because they are not prepared to take risk that could end up with them losing everything.