Entrepreneurship isn’t easy. In fact, it is probably one of the most difficult things you will set out to accomplish in your life. The path to becoming a successful entrepreneur is a journey, not a destination, which will be filled with ups, downs, failures and successes. As entrepreneurs, we all set out on the journey with the hope that along our path, there will be a successful business that will bring: time, freedom and the financial rewards that come with success.
We all have different character traits that make us successful entrepreneurs, but I think there are a few common denominators that all successful Entrepreneurs have in common.
1. The Importance Of Self-Discipline
As Entrepreneurs, we make bad employees. We don’t want to work the corporate grind and answer to anyone but ourselves. On the flip side, that very idea of freedom can either be our best friend or our worst enemy. As we start to experience freedom in our work and life, that opens the door to procrastination and time management issues.
As Entrepreneurs we are creatives, we have a million different ideas that could pull our concentration in different directions in the blink of an eye. It’s important that we remain self-disciplined along our journey to not only start something, but finish what we are working on.
In fact, self – discipline with consistent effort will get you to your goal that much quicker. Here are a few tips to help keep you on track and disciplined in your endeavors:
- F.O.C.U.S. – Follow One Course Until Success. Don’t fall into the path of being a jack of all trades and a master of none. Start something, but most importantly, finish. Don’t fall victim to shiny object syndrome.
- Plan Your Days Nightly: If you fail to plan, plan to fail. Make it a point to spend about 3o minutes nightly planning out your next day. Prioritize the things you need to get done and narrow down the top to do’s. It keeps it simple and allows you to become more productive.
- Write Your Goals Down: This is powerful. Write your goals down in a place where you can see them daily. When you visually see your goals, it helps you keep your eyes on the prize. Look at them, think about them and do work to make them happen.
2. Personality Is Key
The foundation of any successful business is built upon successful relationships. As an Entrepreneur, you are constantly selling yourself and a successful salesperson must have personality. Remember, people do business with those who they know, like and trust.
The impact of personality on a successful business relationship is talked about by Dale Carnegie in “How to win friends and influence people”. The art of influence and persuasion is key to building a business and if you want to be successful, you need to learn how to connect with people on their level to find common ground. Unlike other things, there isn’t a science to this, it’s more of an art that is perfected over time with practice and repetition.
If you find yourself looking for ways to improve your personality skills, below are a couple of ideas to help develop you develop a more outgoing personality:
- Be Authentic –You have the first three seconds to capture somebody’s attention. Don’t interact with people with an overinflated sense of ego. People like people who treat them with kindness and humility. Just be real.
- Be More Interested Than Interesting – Stop, Shut Up and Listen. If you are trying to connect with someone, be more interested in them, then talking about yourself. He who continuously speaks first loses.
- Don’t Be Fearful –If social situations scare you, don’t worry. You need to practice putting yourself outside of your comfort zone in order to level up your skills. Join toastmasters, a meetup group or find networking events that you can practice connecting with people more often.
3. You Need To Be Gritty
If you want to succeed, you need to be gritty. You can have all the skills in the world, but if you lack grit, you might have a serious challenge on your hands. All entrepreneurs need to be resilient in their endeavors. In business and in life, you can’t be afraid to fail. What will make you or break you in business, is not failure itself, but how you respond to that failure. You need to have a burning determined desire to succeed at all costs. You need to have grit!
If you are thinking to yourself that you have not been as gritty as you hoped, fear not, grit can be developed. When I was younger, I experienced my fair share of failures and setbacks. Early on, one of my biggest failures almost took me out of the business game. Bouncing back from that failure taught me how to have thick skin, adapt, learn and push forward.
Here are a couple tips to help you become grittier:
- Fail Forward Fast – When you experience failure, fail forward fast. Fail. Learn. Move On.
- Find Role Models – It helps to hear someone else survived failure and still made it out on top. Find mentors, coaches or influencers. They can help you work through your challenges and cut your learning curve in half.
- Don’t Procrastinate – Despite what some think, procrastination is not the art of keeping up with yesterday. Be tough and avoid procrastination. It helps develop grit. Success is not doing what you feel like, it’s about doing what needs to get done.
Entrepreneurship comes with its fair share of challenges. When all else fails, go back to these three basic work principles and build your foundation from the ground up. Always remember to never give up and always keep on pushing on.