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21 Basic Laws Of Business Success
It’s been a decade now since I started marketing online.
Within that decade I’ve lost some… and I’ve won some… I’ve made millions and helped others do the same.
And along this journey I’ve always looked to have high standards in both life and business and to continue to raise those standards.
I already knew perfection was a goal of frustration, and that it’s continuous progress that provides the unlimited open space to be able to give more and get more.
After having made my first $500,000 in 12 months in 2000, I quickly made millions in 2001 and 2002 in the futures and commodities markets. Long before I ever entered into the “internet marketing” space or personal development space.
So, it was in 2003 that I reflected on what helped with this success and as I had my eye on going into new markets and growing our business even further I then wrote a list of “21 Basic Laws of Business Success” that I used to govern my actions in business.
These laws, however basic have been invaluable in a decades worth of success, not just for us, by for those I’ve had the privileged of working with and serving.
With that said, this week my wife pulled out one of the original copies and asked me to post it to the blog so I agreed.
I hope you enjoy these basic laws and that any adoption of these bring you the success we’ve been able to enjoy.
So here ya go… 21 Basic Laws Of Business Success
Law #1: Always target a niche market. (If you want to get rich target a niche, if you want to go broke, market to all the folks.)
Law #2: Identifying a problem in that niche market is priority #1.
Law #3: Creating a desired solution for that problem is priority #2.
Law #4: Delivering that solution for a profit to your niche market is priority #3.
Law #5: Gain confidence from your target market by giving true value.
Law #6: Establish your authority through originality.
Law #7: Innovation trumps imitation.
Law #8: Give – then give some more.
Law #9: Never greet a new subscriber with a message asking for money.
Law #10: Don’t be deceitful, devious or dishonest as it only leads to disaster.
Law #11: Be truthful to be received as trustworthy.
Law #12: Boldness and brilliance will break your income records.
Law #13: Be daring by using the freshness of your individuality.
Law #14: It’s about the targeted traffic conversion, not the targeted traffic collecting.
Law #15: Be authentic and different by substantiating your claims.
Law #16: Don’t just say it, prove it.
Law #17: Implementation is everything. If you don’t implement what you know, it’s like you never knew it all.
Law #18: Knowing is not proven in what you say, it’s proven in what you do.
Law #19: Without relationships, there are no exchanges of products or services for money.
Law #20: All success, accomplishments and achievements are found on roads that travel through other people.
Law #21: When you screw other people, you have screwed yourself.
Okay, so do you have a “Law #22″ you want to add?
…Or do you have your own Laws that govern how you live and do business?
Is so, I would love to hear them.
So TalkBack to me and let me know what you think about these 21 Basic Laws Of Business Success and add a 22nd Law or share the Law’s you use to govern your journey on the road of success.
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118 Responses to “21 Basic Laws Of Business Success”
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I would add (and this is one of my favorite Mike Murdock quotes), The atmosphere you create determines the product you produce.
Saw you in London at a closed door meet near Heathrow. You’ve been an inspiration and I admire your integrity.
Thanks for sharing Stephen
P.S. – when 3e ya coming back?
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Law #22: Failure is an integral subset of opportunity. Embrace it, learn from it and never fear it.
Twitter: bryanquinn
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As always Awesome!!
Thanks a lot!!,
Sameer
http://sales.netclickonline.com/
Twitter: netclickllc
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2x) Relax, have fun and be yourself.
2x) Do what you love and love what you do.
Great info as always Stephen
Deep appreciation
Thank you
Twitter: Smilerman
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DEAR STEPHEN,
IT IS “5 STARS”. IS LIKE THE 10 COMMANDMENTS OF GOD.
THANK YOU FOR YOUR CONSIDERATION.
GOD BLESS YOU.
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In today’s hustle and harried world, my rule #22 is simply: Be present. To mean, when we engage in a thing, give it your full attention and focus. Distractions come so easy these days and it truly takes away from the enjoyment of everyday living. The more you can make yourself present in a given moments activity, the more juice you will squeeze out of life.
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I am so happy i found a mentor
Kudos Stephen
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Thanks Steve, i hope to live by these principles. am most grateful
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Absolutely fantastic…! If I have to add, I would say:
Rule #22: Be persistent in what you do… never give up!
Cheers
Deepak
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Hi Stephen,
It gives me hope to know that a internet Marketer really does care and wants to help others,especially me.
My 22nd. law is;’I can do all things through Christ,who strengthens me’
Looking forward to your next words of inspiration.
Thanks Much.
Twitter: patfran2
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thanks for the passion of your service , nice tips
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Truly brilliant Stephen! What’s really awesome is how you lead by example with such a spirit of excellence.
I can’t tell you how much I’ve gained from you.
So law #22–Be like Stephen Pierce and always look to help and serve others providing value at a reasonable price!
Theresa
http://showthemoneymakingsecret.com/
Twitter: theultralife1
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Stephen,
I agree that knowing is not doing. And until we do, we CANNOT succeed.
http://www.wealthbuilderblueprint.com/Camera/
http://www.wealthbuilderblueprint.com/Bosch-Equipment/
http://www.wealthbuilderblueprint.com/Garmin/
http://www.wealthbuilderblueprint.com/Laptop-Memory/
http://www.wealthbuilderblueprint.com/Wacom-Reviews/
http://www.wealthbuilderblueprint.com/Movie-Reviews
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Thank you so much,
my #22 Law is, failing to plan is planning to fail.
Regards.
http://www.gamesandtoysreviews.com
Twitter: phestoem
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Hi Stephen,
Great work here! I will be putting a copy of it up on the wall in my office.
God bless,
Rodwell
Australia
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Hi Stephen,
I will create digital book based on your 21 laws.
I will have it over here at both of these places or at least one of them.
http://s-dot.com/21_success_laws
http://ed-club.com/21_success_laws
The title of the Book
will be:
Stephen Pietce\’s
21 Laws Of
Basic Business Success
by Edouard Askmo
I will start writing the first version
immediately.
(give me two three days to finish this first version)
It will start as a relatively humble
book project that I will let grow over
time.
Hope to get some deserved attention
from it as well as some input from sharp
players out there.
Follow up on me and let me know if you think
that I serve people well based on a smart set
of proposed 21 basic laws of business success.
My 22nd law would be something like this:
Enrich to get continued deserved attention
since wasting peoples\’ time is a real stinker.
All the best..
Edouard Askmo
Twitter: askmo
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Thanks for all these rules and guide, Stephen. I will follow all of them.
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Dear Sthepan,
Iam from Indonesia, could you please find some one for me to translate all your communication into indonesian langauage?
Waiting your swift reply
Brgds
Nugroho
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THERE IS ONLY ONE:
There is only one man —-Godman
There is only one woman—Godwoman
There is only one race–the Human Race
-and There is only one God—the wonder of which is that He loved you enough to have made you a part of Herself.
It truth There is only ONE of us.
May WE All Walk in the Light
-and Help Make Heaven Happen.
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Hi Stephen
Excellent. This is straight forward marketing advice you are putting out there.It is obvious that you care about others success with the quality of advice you present
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As always you share excellent info thanks Stephen!!
Paul
http://bestsoftwarereviews.info/blog
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Great laws to live by, market by, and pass along to others. Living in integrity with everybody, as well as with ourselves, is the only way to live. That way we will have no regrets.
Twitter: RoseKirkland
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I am so excited that I found your programm, Stephen. I just don’t know how to thank you enough for what you do. It’s just amazing how you guys work, you can see that you sincerely care about your students and followers.
After your last week webinar I created a blog, so far I had only 4 posts in it – 2 products from amazon.com and 2 articles and I already got 5 clicks on my amazon affiliate account!
Thank you and God Bless you all.
Twitter: Rufiya33
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Stephen, Wonderful, practical guidelines. #22) Any transaction must be a WIN for all parties, #23) Would your Mama be proud of you & your actions.
Twitter: AlSauvageau
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Persist until victory but don\\\\\\\’t be afraid to re-evaluate and if it makes sense to quit because you can always start again either with a fresh team, a new strategy or a completely new project. Develop a high-quality team and learn to listen to good music, smell the scent of fresh rain, and laugh out loud for no good reason.
PS And always listen to great Webinars on Wednesday night!!
Twitter: TomAllen_
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Awesome Stuff here Stephen. Your “21 Basic Laws of Business Success” are Worth their Weight in Gold!!!
God Bless Alicia for making you get them back out from your archive and getting them out here for everyone.
My Law #22 – Have Fun!!!
I’m going to print these out and get them on the wall where I can see them until they’re programmed in my head.
Big Love,
@jaredjames
The Exceptionist Desk
http://www.exceptionistdesk.com/
Ambassador of the Quan
http://su.pr/1fqHHZ
Twitter: jaredjames
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NEVER TRY TO BE TO SMART IN FRONT OF OTHER AND DON’T ASK FOR THE OF OTHER’S SOROY(SADNESS), IT HURTS.
Twitter: hhhh
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Hello from the UK Stephen,
As always you are awesome in what you do to inspire those of us seeking success online and your wisdom and love of your fellow man never ceases to shine through.
I look forward to reading all your messages unlike most others I delete in my spam filter who only want to sell me something all the time. It was my privilage to actually speak with you in person a few short weeks ago when you were one of the speakers at a a Millionaire Makers bootcamp in London and you were as had I expected; approachable and willing to listen and answer everybodie\’s questions without pasing jugement on how sensible or not they were.
Thank God there are people like you on this Earth, as you are truely a great man to be followed and learn from. My businesses would still be stuck in neutral if it wasn\’t for what I learnt from your books and videos, and although I am a long way from making the kind of money I desire, it is now soon coming thanks to people like yourself.
My law 22 is love your fellow man twice as much as you wish them to love you in business as well as your whole life.
God bless you,
Stephen J Vincent,
Watford, Hertfordshire, UK.
Twitter: AFriendYes
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Hi Stephen
I now follow everything you write and every video you post, because I love your approach to honest, simple and trustworthy business.
These laws are so true. My favourite? Law 20: All success, accomplishments and achievements are found on roads that travel through other people.
God bless
Schalk
Auckland
Twitter: myalba
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Several of the rules would be easier to remember condensed to ‘Do as you would be done to’.
My ’22nd’ rule is ” It is no use worryin’ about things you caint do nothin about.”
Twitter: johnhshores
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Thanks
Twitter: obanorsite
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Sincere Laws…which I pray Business men and women whether online or not, could abide with.
Help people to grow and not extorting them.
cheers
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Thanks Stephen
You are awesome!
I will probably follow these laws. It’s really K.I.S.S! (Keep it simple and sweet)
Twitter: elvintiong
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Please allow me to add this one simple phrase:
Dare to dream then live the dream
Thanks for accepting my input.
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Nice set of rules.
I have a few others that I like:
10% of what I earn is mine to keep.
Don\’t wait for perfection before you act
Don\’t follow the herd
Focus and don\’t give up
Many thanks,
Phill
UK
Twitter: isisystem
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Thanks Stephen!
Law #22: Don\’t forget to say THANK YOU!
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Thank you for the good information Stephen you really
open my eyes,and so did all the reply\’s I raid them all
thank you God Bless you all.Clem
Twitter: clempro48
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Law #22 The race don’t always go
to the strongest or the fastes man;
but sooner or later the man who wins
is the one who thinks he can
p.s. Thanks Stephen and Alicia for your great leadership.
Twitter: fitnow
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Rule for all rules: Come from the heart.
Have beautiful days always.
Twitter: lizcosline
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Hi again Stephen,
Now that I’m able to
think a little more
about your 21 laws,
I try to get an
understanding of
what can be derived
from these principles
in general but also
for more spcific
purposes.
I believe that
resolving specific
needs/problems that
can be met/solved
with a good message
is important.
A solution to a problem
that can be partialy
solved by a message
that can lead to a
legitimate and
justifiable upgrade
with a product like
a book or a software
allowing some kind
of knowledge and
implementation steps
or plan to generate
and then follow according
to customisable steps.
For instance
if I try to promote
my book about your 21
laws:
I could send out
a message to people
about internalisation
of valuable rules to
use to guide one’s
mindset and actions
when conducting any
promotion or sales
efforts Online.
It could become a
course and a book
about self-suggestion
about how to transform
one’s mind and business
mentality.
If I charge a symbolic
dollar to get people
on board and let them
know that they can get
substantial rebates by
getting the first versions
of the book and see it grow
to a certain extent, then I
have a remarkable reason to
come back to people with more
about the topic in excess of
the new versions of the
digital book.
My suggested 22nd law is as you
could see in my other comment
I made yesterday:
Enrich to get continued deserved attention
since wasting peoples’ time is a real stinker.
Here is my 23rd law suggestion:
Manipulative marketing is not an
acceptable option. Do not strive for
manipulation of people. Address their
minds and be creative but don’t strive
for manipulation of people.
Edouard Askmo
Reminder of my growing book:
http://s-dot.com/21_success_laws
http://ed-club.com/21_success_laws
The title of the Book
will be:
Stephen Pietce’s
21 Laws Of
Basic Business Success
by Edouard Askmo
Twitter: askmo
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Stephen, I can’t say more, I am following your emails and never failed to open even asingle one.
As of Law22:
“Those who do not know you do not value you”
People know you through your great information delivered to them, and for me I have learned a lot from you.
In order to be succesfull in whatever business you do, you need to be known, trusted and valued.
Harib S.H.
CEO
http://www.gulfbestdeals.com
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Law #22 — Always identify new ways to improve your business by analyzing your past results.
Twitter: ShawnWiederin
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Law #22: Don’t cut corners. Work hard and put whatever extra effort you have to put in initially even if there are no immediate results
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Thanks for the cool laws!
Twitter: jmaxter
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Rule number 0.5: with all your getting, get wisdom first. In it’s left hand are riches and honor, in it’s right hand is long life.
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You said this: aw #9: Never greet a new subscriber with a message asking for money.
But what you say about the upsell?
I know it’s not in the greeting message, but many people advise to have an upsell right after someone signs up.
What’s your take on this?
Franck
the Body Guard marketer
Twitter: francks
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Great info in the post! I will say that our overall law is that 1: prayer changes things and 2: prayer opens your mind to learn the lesson(s) from everything that gets thrown your way.
Stephen, you are definitely a sincere and insightful brother. Thank you and Alicia for being so approachable.
Thanks,
Kendra & Warren
Twitter: kensmi
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What awesome info in all laws mentioned. Thank you Stephen and Alicia.
rgd
Eunice
Twitter: Gojoing
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nice… i am beginner… nice to meet you
Twitter: zeazure
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All of these laws are great and practical. I like to help people get out of debt, so I picked a “get out of debt niche”. If you enjoy something, you will have an easier time working with it.
Chelina
http://www.freedebtreductiontips.com
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