There are an awful lot of people out there like me who like to study the people in the world who have found success in one way or another.  The Steve Jobs, the Michael Jordan’s, the Bill Gates’ of the world.  How did they do it?  Do they all share common traits that make them more likely to be successful? Can we replicate those traits to become successful ourselves or possibly even predict future success of others?  All valid questions.  What do you think?

The fact that the term success could be construed to be entirely relative depending on the individual’s idea of how s/he defines “success” is something for another discussion all together so for now we’ll define success as simply having achieved one’s goals, be they personal or professional, physical or emotional, etc.  After all, if you’ve accomplished what you’ve set out to do, are you not successful?

So, what’s the common thread?  What is the most common characteristic among highly successful people?  Well, it’s simple.  Desire and action.   Without either one of these, success cannot be achieved.

These two characteristics together are the absolutely most common traits you will find among highly successful people.  Desire is an inner drive that pushes you to achieve what you wish to achieve.  It derives from your motivations and is highly indicative of the level of success you will achieve. Many driven people are successful and all highly successful people are burning with the desire to achieve their goals.

The other trait is action.  Action is the ability, and yes it is an ability, to overcome fears and take action.  One of the most common things I read about and hear about among people wishing they could become financially independent and start their own company is that they are afraid.  Successful people are not effected by the fear as much as others.  They embrace the fear, make calculations and plan around the fear to the point of calculating risk and above all, they take action.

In my time, I haven’t studied anyone that I consider successful that didn’t possess both of these traits at very high levels.  What do you think?  Sure, there are other traits that are important as well but do you believe these are the most essential?  If not, what do you believe is most essential to success?

Hey everyone,

First up, I’d like to really thank you for stopping by Project505.

Project505 is a pet project I’ve started that will team myself, Heith, and some of my friends who have been successful in various aspects of business with you, the reader, who is hoping to start a new business.  This project is really dear to my heart because I have a soft spot for entrepreneurs.  That’s what I see myself as and I recognize the guts it takes to make a run at being your own boss and setting your own rules.  It can be tough, don’t let anyone tell you otherwise, but I think you’ll find that it’s also extremely rewarding.

Hopefully, with Project505 we can provide resources and a cooperative of people who’ve been in your shoes before and can help you address the hurdles, avoid the pitfalls, and become that dazzling success that we all know you will be!

Overtime, hopefully things around here will become much more streamlined.  This is my first real foray into the WordPress world so please check back often and bear with me if things don’t seem as smooth as you’d hope at first.

Oh… and one more thing!  One thing you’ll learn about this site is that it’s a collaborative effort so… if you have input, feel free to hit the contact button and give me your feedback.

Until next time, keep dreaming.

Heith, Project505 Founder