We all can mention at least one Entrepreneur we adore. One Entrepreneur that we look up to; one that has inspired us to want to become Entrepreneurs; and also highly successful.
But what we have to understand is this, they did, and still do certain things that make success in entrepreneurship second-nature; and that’s what this article is about.
You’re where you are because of your habits. So, you want to be highly successful as an Entrepreneur? Then you have to work on your habits.
Work on these five (5) traits that have been discovered that all successful Entrepreneurs have in common, and see how much of a huge positive difference you’ll experience in no time.
1- They are lifelong learners.
You just can’t skip this one. Bill Gates was once asked what superpower he’d love to have if given the opportunity to choose; and he said, “The ability to read books at the speed of light.”
If the richest man in the world would want this superpower; that should tell you something. Warren Buffet also spends most of his time every day on books.
It’s not just reading. Audiobooks, videos or materials in your niche are readily available all over the internet that you can learn something valuable from; you can get books now at the same price as a cup of coffee or a loaf of bread. In this age where information is almost free, you have no excuse for being a failure.
You feed your stomach every day; don’t starve your brain.
2- They don’t focus on money.
Now, a lot of people won’t agree with this, but believe it or not, they don’t. They focus on how much value they can give because people respond to value.
Take a good look at the device you’re reading this article with. Now imagine if you’d accept a log of wood in exchange for that device.
Definitely not! That device is in your hands because it’s meeting a need in your life at the moment. That should teach you something.
So, want to make more money? Then, do not focus on money.
Focus on what money will be attracted to.
Bill Gates didn’t know he’d be this rich; but he had a vision, “To see a computer in every home.” Mark Zuckerberg had a vision when he started Facebook, “To connect the world, one at a time.” That guy’s worth over 72 billion USD now.
True Entrepreneurs aren’t driven by money, they’re on a mission.
3- They assign tasks.
Some tasks are delegated to other people why they work on very important and intricate aspects of their business or life.
An Entrepreneur knows that he can’t be at the beck and call of everyone, or do everything. Thinking one can do everything or “most of the work” is the main reason why some businesses fail to grow past the infancy level (E-myth – Michael E. Gerber).
Some tasks are to be given to other people as you work on your business, rather than in it. You’re an entrepreneur when you work on your business than you work inside of it.
You’re just self-employed when you work the most and don’t trust your employees to deliver as well as you do.
Robert Kiyosaki says, “S stands for Self-employed or smart. People who think that only they can do it better.”
You’re in the business of growing your business to the point where even if you’re not around, that business can work without you. You’re in the business of creating teams. Do that and don’t have the “I can do it all” mentality.
4- They look for the need.
A little similar to #2; but while that talks about being on a mission, this helps find that mission. As an Entrepreneur, there’s no destination; only your journey.
So there are infinite possibilities to being highly successful in Entrepreneurship; all thanks to endless problems in the society that we live currently in.
True Entrepreneurs have trained themselves to the point where they understand a need and search for a solution or a better alternative.
Look around you now, do you see any problems? Yeah! There are so many, right? But can you offer a solution? Can you stand up now and put one, two, and three together and make sure that problem’s fixed? I bet you that only a few can.
That’s why you need to obey #1 no matter what it costs you. It doesn’t take special skills to spot an issue, but you sure need the brains to fix it. You develop it just as you learn another language or an instrument. At first, it may seem daunting; but after a while, you get the hang of it and even develop some unique skills.
5- They are go-getters.
What’s Entrepreneurship without this one? Nothing! You’re not an Entrepreneur if you’re still scared of rejection. You are not an Entrepreneur if you still let negative words from others affect your decision to take a step.
What differentiates true Entrepreneurs from anyone else? Action! Do you know you can train this aspect by doing consistently, the little things you do every day?
Waking up when that alarm goes off, doing what you’re supposed to and not procrastinating? They may seem too little tasks but we’re not focusing on how little they are but on getting stuff done.
Want to be a go-getter? Get as much stuff possible done in your day-to-day activities regardless of your emotions or how you feel.
That way, you train yourself to act irrespective of how you feel which is a very important trait or habit that so many Entrepreneurs have in common.
There you have it. It was Mortimer J. Adler that said, “Habits are formed by the repetition of particular acts. They are strengthened by an increase in the number of repeated acts. Habits are also broken, and contrary habits are formed by the repetition of contrary acts.”
So if you want to make all you’ve read here a habit? Then, repeat consistently what you’ve read.
I’ll end with a note from Aristotle, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.”