How To Be A Highly Successful Entrepreneur In The Small Business World
None of us are born a Successful Entrepreneur.
We all come into the world in the same way, namely naked, scared and ignorant. So what separates us from being a successful entrepreneur?
Well, it’s the choices we make during our lives. These choices can range from whether we go into further education, who we marry, the career we choose, living a healthy life, how much money we earn etc. etc. .. the list goes on.
Successful Entrepreneurs learn how to make the right choices since they will determine how successful and happy they will become in life whereas others don’t. Even when people make the wrong choice, they fear changing their decision because they fear what the end result might turn out to be.
This applies to those who have made bad career choices. A Successful Entrepreneur learns positive things from any mistakes made whereas some people will for example simply continue to complain that they hate their job which then impacts on their home life, whereas others won’t not take the necessary steps to change their lives for the better. Even those individuals who are brave enough to take action and start their own business can still make the wrong choices that can lead to failure and dissatisfaction. So what separates the successful entrepreneurs from the amateur entrepreneurs?
Both sets of entrepreneurs are focused on becoming successful and both work hard to achieve their goals. However successful entrepreneurs are aware that success will not happen overnight and they build their success slowly and consistently whilst avoiding the common pitfalls faced by their less successful counterparts.
5 Great Tips To Become A Successful Entrepreneur are illustrated below:
Slow And Steady Wins The Race
Successful entrepreneurs realise that success will not happen overnight. They acknowledge that even seemingly small steps will eventually lead to the peak of the mountain. Like the story of the tortoise and the hare..
The goal a successful entrepreneur is about adopting positive behaviour and habits and above all being consistent until slowly, but surely, they go on to win the race. They realise that in order to become successful they will need to work very hard to achieve that success. They also avoid becoming complacent when they have achieved success. Instead they continue to do the things that have made them successful realising that consistency is the real key to achieving long term success.
Self education in another major reason why some entrepreneurs are more successful than others. Technology is constantly changing and therefore for any kind of entrepreneurship, education is paramount to success especially for those who have online businesses.
Take 100% ownership
To become a successful entrepreneur, accountability is a must. You will need to take full responsibility for the way that your business is run. Amateur entrepreneurs have the tendency to blame any shortcomings on bad luck or on other people. However, any mistakes made are, again, as a result of making bad decisions.
For example if mistakes are made in a script that has been written for you it is wrong to blame the scriptwriter, as ultimately you should have taken ownership and checked the script before the presentation. Likewise it is your own fault and not bad luck, if you overstretch yourself financially and then factors go against you.
A good businessman would make a better decision by allowing for any eventualities that might happen and keep a reserve of cash just in case.
Don’t waste time doing things that don’t need doing. One of the biggest flaws that many entrepreneurs make is trying to do everything themselves. It is important to manage your time wisely and only the things that you need to do.
Learn From Other Successful Entrepreneurs
This is the most important difference between a successful and an amateur entrepreneur. It is far easier to become successful by being guided by other successful individuals who have been down that path before you. Even famous entrepreneurs, have been influenced, by other successful people. Sir Richard Branson was advised by Freddie Laker before venturing into with his airline business and Steve Jobs was inspired by Robert Noyce of Intel.
It is far better to avoid costly mistakes by listening to the more experienced experts. A good mentor will not only teach you how to become successful but they will also let you tap into their own network, allowing you to surround yourself and learn from other successful people. They will teach you the leadership and behaviour that you need to adopt to become successful.
There are many online communities that will offer mentorship programs by top business experts. The advantage of joining a reputable community is that you will have access to the right tools, excellent training and stay focused on the right education and live coaching calls that will equip you with all you need to know to make the shift from an amateur to a successful entrepreneur.
With technology and marketing constantly changing it can be hugely advantageous to have access to the most up to date methods that have been tried and tested by someone else’s money rather than your own. All you need to do is to implement what you are taught one step at a time.
Having mentoring and coaching, in my opinion, is paramount to succeeding especially with an online business. In any business, entrepreneurial skills are crucial to becoming successful. Therefore you will need to learn the necessary skill sets required to become a successful entrepreneur.
Being mentored by another business entrepreneur will help to steer you in the right direction to becoming a highly Successful Entrepreneur.
You can view our Free Presentation on becoming a Successful Entrepreneur Here at any time.