Let’s start this off by saying that the journey to becoming a successful entrepreneur is not an easy one. It’s filled with ups and downs. Only those who understand how to traverse through them will end up being successful long-term.
Here are our 4 best tips on how to become a successful entrepreneur
Don’t Rush the process
Every day you will have to make critical decisions that will set you up for either success or failure. We can not afford to make these decisions rushed, or our business would simply fall off long term.
Entrepreneurs or any business-oriented person are normally depicted as “in a hurry” type people, and this is because it’s mostly true. Due to the number of things required to maintain a successful business, we tend to always rush. This does not mean that we need to be like this all the time. In fact, it’s counterproductive in some situations.
A great tip for learning how to stop rushing through things is when you start solving a problem, finish it before looking at anything else.
This will help you recollect your thoughts, focus and not leave loose ends hanging that will later take up your time.
Also by doing this you will most likely relieve a great amount of stress that will also play into how efficiently you can handle problems.
Another very important thing we must begin to analyze is understanding what is and is not a priority. We rush through life as if everything was an immediate emergency and this simply is not the case. To be able to keep a fresh and clear mind throughout the day we must learn to prioritize some things over others.
Rushing will not only make your work less productive it will also slip into your home life and end up bringing you issues long term.
All in all rushing through things takes a huge toll on your mental health over time. It is fundamental that we learn to deal with tasks in an organized and controlled fashion.
At the end of the day, it’s all about balance and knowing when to take a breather and focus on what’s important
Mastering Pprsistency is one of the keys that will allow you to become a successful entrepreneur. The reason why is because if you are too persistent, you may seriously damage your reputation or customer relationship. On the flip side, if you are not persistent enough, you will lose out on many opportunities.
This is why finding the sweet spot is extremely important. Mastering persistency comes with experience of course but usually, most entrepreneurs tend to give up, rather than try “too hard”.
In these cases, there are two things you should keep in mind when failing to persist:
Take action or someone else will
There is no doubt that the volume of entrepreneurs around the world has skyrocketed in the last 10 years. This means that fewer and fewer ideas are completely new. Chances are that your idea has also been implemented by someone else around the globe. If you are not persistent enough to go through and build up your idea, others will eventually beat you to it.
“No interest” – is still a level of interest
What I’m trying to get at with this is for example:
Let’s say you are calling a potential client to sell a used vehicle, and they say No, it’s ok to hang up and try again in 2 weeks. What really matters is the way you present yourself and not overdoing it. We cant approach this situation the same way every time and expect different results. Learn to build these “No” Relationships and nurture them into a possible yes in the future.
Don’t be afraid of failure
Failure is inevitable if you want to become a successful entrepreneur. Every one of them has failed multiple times.
Once we acknowledge that it’s ok to fail once in a while, we must learn to deal with it and face it in such a way that ends up playing in our favor. Let me explain: Since we are all destined to fail every once in a while on the road to becoming successful entrepreneurs, we can take the opportunity to learn valuable lessons.
Here are some questions you could begin to ask yourself:
What decision did I make that has brought me to this point?
Can I have handled the situation any better?
What do I need to learn to be able to turn this failure into a win?
Going through the process of dissecting your failure and turning it into a win is what creates the best entrepreneurs. Now don’t get me wrong, failing does not mean that you will inevitably win, but not being able to learn from failure or progress through it, will automatically kill all your chances of becoming a successful entrepreneur.
Ultimately when it comes down to it, failure is simply just another stepping stone to success if used correctly but it is also the number one reason why most entrepreneurs end up quitting.
If you are feeling stressed, consider reading this blog.
Time is a RESOURCE! Learn how to optimize it.
Often times we get overwhelmed with the number of things we need to take care of. It seems impossible to find the time to get everything done. This is why every successful entrepreneur must learn to manage their time effectively.
We all have the same 24 hours. But what can you do to make the most out of the time you have?
First things first, you must start your day off with plans, try to plan in advance what you need to get accomplished during the day. This way you have small goals to work towards, this will increase your overall productivity. Another great tip is to try to rest enough and take small breaks. As much as we want to be 110% all the time, this is simply unrealistic and attempting this will only make you counterproductive. Adequate Rest is fundamental to making the most out of your day.
With all that said, there is a limit on how much you can do on your own. That’s why most successful businesses choose to outsource certain parts of their work or particular projects. By outsourcing or delegating, you will be able to focus on the core aspects of your business, therefore giving you a kick in the right direction.
Now, finding the right team to work for you remotely can be difficult; that is why here at Donemaker we provide a 1 task day system where you can pick what task you need to be done and have it ready in 24 hours. All of this without having to worry about finding the right person for the job because we do that for you.