Posts Tagged ‘Successful Entrepreneurs’

I was once asked just what is the thing that successful entrepreneurs do, or don’t do. It got me to thinking real hard about what it is that sets entrepreneurs apart from those who’d like to be. Here are 28 things ALL entrepreneurs DO and DON’T do:

1. Entrepreneurs pay attention to the new opportunities that present themselves everyday.

2. Entrepreneurs don’t stop because they don’t know how to do something. They delegate tasks to people who are more gifted to perform the things you can’t, or learn to do them. They don’t re-invent the wheel if its not needed.

3. Entrepreneurs aren’t afraid of change or new things, so they try, investigate and willing risk making mistakes.

4. Entrepreneurs set realistic goals daily as well as for the long term.5. Entrepreneurs study the background information of what they’re marketing so they can become experts in a filed they wouldn’t normally have any expertise in.6. Entrepreneurs study other peoples’ mistakes and successes and learn from them.

7. Entrepreneurs realize that they’re running a long term business, not a get rich quick venture. They think and plan for he future.

8. Entrepreneurs don’t let problems stop them from reaching a goal. They learn new things from road blocks and hurdles.

9. Entrepreneurs are professional, thoughtful in their communication and to the point. They don’t give people fluff or false hope.

10. Entrepreneurs are real with who they are and understand their own personality. They know their strengths and weaknesses.

11. Entrepreneurs use their resources and time wisely, while learning to make room for taking risks.12. Entrepreneurs don’t get frustrated if something takes longer than expected. They always focus on the goal.

13. Entrepreneurs know that there are many parts of entrepreneurship that WILL NOT be fun, but they do them anyway.

14. Entrepreneurs learn to move on to new projects. They don’t get attached to something that isn’t working or is using too many resources.

15. Entrepreneurs don’t give away their best information upfront. They understand how to pace what they bring to market.

16. Entrepreneurs remove things that distract them or take their mind off the goal.

17. Entrepreneurs don’t have pre-determined or fixed ideas about how something will end up. They are flexible and try new things.

18. Entrepreneurs are honest with others and themselves. They earn the trust of their following by being trustworthy.

19. Entrepreneurs don’t make decisions on whether or not something is enjoyable. They think about what their target wants.

20. Entrepreneurs are always making new products or ventures. They are constantly exploring new options without get wrapped up in one thing. They can get out of their own box.

21. Entrepreneurs don’t take things personally.

22. Entrepreneurs run their business the way they want, while always being open to advice. They can understand that no one person can possibly know everything.

23. Entrepreneurs are proactive with their decision making. They DO what they DREAM.

24. Entrepreneurs are prepared for long hours and lots of work because they know that success does not occur overnight, or on its own.

25. Entrepreneurs incorporate ideas and products that they know already work.

26. Entrepreneurs know how to delegate tasks to other more gifted than themselves. They know how to let go of something and let another person get add their own style, twist or flavor to it.

27. Entrepreneurs learn about who they are marketing to and craft their communication accordingly.

28. Entrepreneurs welcome feedback and criticism from those who matter the most: their customers.

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Author: Jay M Jenkins
Article Source: EzineArticles.com
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Many successful entrepreneurs believe that they are actually being frugal by not getting the help they need. Some assume that by doing everything themselves, they are saving money and thus earning more. In most cases, this simply isn’t true. When you use your valuable time performing the tasks that generate the most profit for your company, you are using your time to its full income earning potential. If you are like most small business owners however, a great deal of your time is likely spent on paperwork and other administrative functions that are necessary to the success of your business, but don’t directly generate income. Imagine how much more profitable you could be, if you could virtually erase this clerical time from your task set.

In order to illustrate this point, let’s use the example of an entrepreneur who works an 8 hour day, and earns on average, $400 per day. This would mean that this business owner earns an hourly wage of $50. But, 2.5 hours of his or her day is spent on administrative functions. If we were to eliminate the time spent on these tasks, the entrepreneur would be earning close to $73 per hour for the remaining 5.5 hours. Now imagine if the entrepreneur could spend a full 8 hour work day on the tasks that generate the most revenue for their business. He or she could potentially be earning $584 dollars a day minus the cost of outsourcing the clerical work, which should be significantly less than the $184 per day gained.

Until recent years, the thought of getting the administrative aspects of your business off of your plate meant that you had to hire an employee. But, for many entrepreneurs this was not feasible due to lack of space or monetary concerns. This left many business owners with few options, except to continue doing it all themselves. Luckily, in today’s world of advanced internet technologies, there are alternatives. In fact, there are very few tasks today that can’t be outsourced. There are companies that specialize in customer service, Virtual Assistants for a variety of administrative functions and Accountants and Bookkeepers for financial matters. A simple Google search for just about any task on your to-do list should give you a variety of companies that specialize in the outsourcing of this service.

Virtual outsourcing is a means to accomplish the tasks you need performed without the significant cost of hiring an employee. Contracting the clerical aspects of your business on an as-needed basis means that you are paying only for the exact task you need accomplished. If this is a couple of hours of bookkeeping or administrative duties, it shouldn’t cost you a fortune, and in fact will likely cost you much less than the money you could be earning by using this time on your company’s primary income gaining functions.

How much is your time worth? If you do the math, you might be surprised at how much you could benefit from getting qualified help. Virtual outsourcing will likely make your business more profitable.

Kelly Sims is a Virtual Assistant and Owner of Virtually There VA Services. To sign up for her free newsletter providing useful information that enhances and simplifies the lives of busy entrepreneurs, visit her website at => http://www.virtuallythereva.com

Author: Kelly Sims
Article Source: EzineArticles.com
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How often have you either referred to or considered the expression, “Success is a journey and not a Destination?” Probably many times, yet often being in a hurry to get there, we forget that success is not an end unto itself, but is instead an ongoing process.

Though some people seem to have the Midas touch and easily turn everything to gold, most of us have to give our endeavors lots of time, effort and the sweat of our brow before seeing things come to fruition. The simple truth is that the majority of us are simply not born leaders, but become leaders by who we are and the actions we take. Consequently, whether or not you’re an established entrepreneur or just starting out on your journey, there are particular traits you’ll usually find operating within the exceptional entrepreneur. In fact there are 7 particular traits you’ll generally discover deeply embedded within the exceptional and successful businessperson.

If you’ve already taken the plunge as an entrepreneur, you know that it takes a great deal of planning, development and strategic marketing to succeed. At any given time, there are changes to be considered and new directions to examine. In which case, whether you’re the CEO, CFO, Chief Marketer or Chief Solutions Officer of your company, your journey to success is probably full of trials and tribulations.

To support you in your journey to success, be willing to open your mind and sense of reasoning as you consider whether these traits are part of your driving force. If they are not yet ingrained within you, I recommend that you give them some thought.

THE 7 TRAITS TO SUCCESS

1) Successful Entrepreneurs Gain the Respect of their Peers

One of the first and most obvious characteristics you’ll see operating in an exceptional entrepreneur is an equitable and unbiased disposition . Plain and simple the successful entrepreneur recognizes that no one is above or below. With an attitude of respect for others, the successful entrepreneur gains the respect from everyone they encounter. Strategies, attitudes and methods filter down to each person and reflect on all actions and activities. A successful entrepreneur gives everyone the space to be great. No matter how effective or beneficial your expertise, becoming a successful entrepreneur requires building up of your character muscles, traits and habits, which correspondingly make your dreams a reality.

2) Successful Entrepreneurs Believe and Trust in Themselves

The savvy entrepreneur is good at trusting his or her own ideas and instincts. Starting out as an entrepreneur requires persistence, determination and a high level of self-discipline. Continuing as a successful entrepreneur requires even more persistence, determination and self-discipline. The wise and successful entrepreneur knows this and works hard at developing their level of confidence. If you have a strong code of ethics and believe in yourself, then your ideas can work. Having the desire and passion are the first steps on your journey; getting there requires believing in yourself.

3) Successful Entrepreneurs Follow a Plan

The successful entrepreneur follows a plan. Haphazard or trial and error have no place for the triumphant entrepreneur, for no one gets to his or her destination without a map or a guide to follow. That doesn’t mean you won’t go off course if another road seems better, but it’s still more effective to have a plan in place. Most successful entrepreneurs start out by writing a basic business plan that acts as the impetus and guide for their endeavors. It doesn’t have to be fancy or lengthy but it should include marketing strategies, goals, intentions, ideas and why you can do better than your competition. A business plan should be reviewed and updated periodically for each new idea stirs and inspires other ideas.

4) Successful Entrepreneurs Think Creatively

Successful entrepreneurs are not afraid of thinking creatively. Whether a business idea has already been tried makes no difference to the exceptional entrepreneur. He or she sees better ways of doing things and knows that every idea can be expanded upon, made better, enhanced or broadened . The successful entrepreneur is willing to think outside or the proverbial box, which means using imagination, trying new things and expanding on a vision. The savvy entrepreneur pays careful attention as to whether a particular strategy is working. If after giving it his or her best shot the entrepreneur realizes the particular strategy isn’t working, they know there’s no point in continuing to invest energy, time and effort in the strategy. They move on to another approach and idea.

5)Successful Entrepreneurs Explore Their Exceptional Skills

Successful entrepreneurs realize that we each have our strengths and weaknesses as well as a multitude of skills and talents. Successful people ask themselves often what skills they have that no one shares in quite the same way. An exceptional and successful entrepreneur explores their particular skills until they find the ones that match most closely with their ideal. They don’t try to be and do everything. If the successful entrepreneur needs help, they’re willing to find someone who can do it better, and allows in the support. The successful entrepreneur stays open to change for they recognize that as they move forward, doors open in unexpected places that carry them to their next level of success.

6) Successful Entrepreneurs Envision Their Success

The successful entrepreneur gives time to envisioning how they want their business to look and how they want it to be. Intention is a powerful and dynamic tool. For those who are not inclined towards intention and visualization, talk to a successful athlete and you’ll discover that before each sporting event, the successful athlete envisions exactly how he or she wants things to turn out. Imagine what it will feel like when you’ve reached a particular set of goals. Get in touch with the feelings, you’d have as a successful entrepreneur. Practice and conceive of the sense of empowerment and the joy of having succeeded. The successful entrepreneur knows they have the power to live life the way they want, but to make it a reality, they know it has to be seen first.

7) Successful Entrepreneurs Never Give Up

Giving up is never in the vocabulary of the successful entrepreneur. Of course there may be days when a successful entrepreneur feels discouraged or disappointed, but giving up is not an option. Having faith, trust, confidence and determination are the qualities needed for the successful entrepreneur. To keep their focus on track, they seek out the support of those that know them, encourage them and bring out their natural enthusiasm. The smart and successful entrepreneur realizes that there will be good days and not so good days. Being a successful entrepreneur requires accepting the ebbs and flows of business for it is in fact what separates the exceptional and successful entrepreneur from the one who gives up far too soon.

© 2004

Robert Moment, author,business coach and success strategist is the author of a best-selling book, “It Only Takes A Moment to Score”. Founder of The Moment Group, a small business coaching & consulting firm. Robert, help entrepreneurs harness their potential and soar to new height. Contact Robert@sellintegrity.com or visit his website at http://www.sellintegrity.com

Author: Robert Moment
Article Source: EzineArticles.com
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How often have you either referred to or considered the expression, “Success is a journey and not a Destination?” Probably many times, yet often being in a hurry to get there, we forget that success is not an end unto itself, but is instead an ongoing process.

Though some people seem to have the Midas touch and easily turn everything to gold, most of us have to give our endeavors lots of time, effort and the sweat of our brow before seeing things come to fruition. The simple truth is that the majority of us are simply not born leaders, but become leaders by who we are and the actions we take. Consequently, whether or not you’re an established entrepreneur or just starting out on your journey, there are particular traits you’ll usually find operating within the exceptional entrepreneur. In fact there are 7 particular traits you’ll generally discover deeply embedded within the exceptional and successful businessperson.

If you’ve already taken the plunge as an entrepreneur, you know that it takes a great deal of planning, development and strategic marketing to succeed. At any given time, there are changes to be considered and new directions to examine. In which case, whether you’re the CEO, CFO, Chief Marketer or Chief Solutions Officer of your company, your journey to success is probably full of trials and tribulations.

To support you in your journey to success, be willing to open your mind and sense of reasoning as you consider whether these traits are part of your driving force. If they are not yet ingrained within you, I recommend that you give them some thought.

THE 7 TRAITS TO SUCCESS

1) Successful Entrepreneurs Gain the Respect of their Peers

One of the first and most obvious characteristics you’ll see operating in an exceptional entrepreneur is an equitable and unbiased disposition . Plain and simple the successful entrepreneur recognizes that no one is above or below. With an attitude of respect for others, the successful entrepreneur gains the respect from everyone they encounter. Strategies, attitudes and methods filter down to each person and reflect on all actions and activities. A successful entrepreneur gives everyone the space to be great. No matter how effective or beneficial your expertise, becoming a successful entrepreneur requires building up of your character muscles, traits and habits, which correspondingly make your dreams a reality.

2) Successful Entrepreneurs Believe and Trust in Themselves

The savvy entrepreneur is good at trusting his or her own ideas and instincts. Starting out as an entrepreneur requires persistence, determination and a high level of self-discipline. Continuing as a successful entrepreneur requires even more persistence, determination and self-discipline. The wise and successful entrepreneur knows this and works hard at developing their level of confidence. If you have a strong code of ethics and believe in yourself, then your ideas can work. Having the desire and passion are the first steps on your journey; getting there requires believing in yourself.

3) Successful Entrepreneurs Follow a Plan

The successful entrepreneur follows a plan. Haphazard or trial and error have no place for the triumphant entrepreneur, for no one gets to his or her destination without a map or a guide to follow. That doesn’t mean you won’t go off course if another road seems better, but it’s still more effective to have a plan in place. Most successful entrepreneurs start out by writing a basic business plan that acts as the impetus and guide for their endeavors. It doesn’t have to be fancy or lengthy but it should include marketing strategies, goals, intentions, ideas and why you can do better than your competition. A business plan should be reviewed and updated periodically for each new idea stirs and inspires other ideas.

4) Successful Entrepreneurs Think Creatively

Successful entrepreneurs are not afraid of thinking creatively. Whether a business idea has already been tried makes no difference to the exceptional entrepreneur. He or she sees better ways of doing things and knows that every idea can be expanded upon, made better, enhanced or broadened . The successful entrepreneur is willing to think outside or the proverbial box, which means using imagination, trying new things and expanding on a vision. The savvy entrepreneur pays careful attention as to whether a particular strategy is working. If after giving it his or her best shot the entrepreneur realizes the particular strategy isn’t working, they know there’s no point in continuing to invest energy, time and effort in the strategy. They move on to another approach and idea.

5)Successful Entrepreneurs Explore Their Exceptional Skills

Successful entrepreneurs realize that we each have our strengths and weaknesses as well as a multitude of skills and talents. Successful people ask themselves often what skills they have that no one shares in quite the same way. An exceptional and successful entrepreneur explores their particular skills until they find the ones that match most closely with their ideal. They don’t try to be and do everything. If the successful entrepreneur needs help, they’re willing to find someone who can do it better, and allows in the support. The successful entrepreneur stays open to change for they recognize that as they move forward, doors open in unexpected places that carry them to their next level of success.

6) Successful Entrepreneurs Envision Their Success

The successful entrepreneur gives time to envisioning how they want their business to look and how they want it to be. Intention is a powerful and dynamic tool. For those who are not inclined towards intention and visualization, talk to a successful athlete and you’ll discover that before each sporting event, the successful athlete envisions exactly how he or she wants things to turn out. Imagine what it will feel like when you’ve reached a particular set of goals. Get in touch with the feelings, you’d have as a successful entrepreneur. Practice and conceive of the sense of empowerment and the joy of having succeeded. The successful entrepreneur knows they have the power to live life the way they want, but to make it a reality, they know it has to be seen first.

7) Successful Entrepreneurs Never Give Up

Giving up is never in the vocabulary of the successful entrepreneur. Of course there may be days when a successful entrepreneur feels discouraged or disappointed, but giving up is not an option. Having faith, trust, confidence and determination are the qualities needed for the successful entrepreneur. To keep their focus on track, they seek out the support of those that know them, encourage them and bring out their natural enthusiasm. The smart and successful entrepreneur realizes that there will be good days and not so good days. Being a successful entrepreneur requires accepting the ebbs and flows of business for it is in fact what separates the exceptional and successful entrepreneur from the one who gives up far too soon.

© 2004

Robert Moment, author,business coach and success strategist is the author of a best-selling book, “It Only Takes A Moment to Score”. Founder of The Moment Group, a small business coaching & consulting firm. Robert, help entrepreneurs harness their potential and soar to new height. Contact Robert@sellintegrity.com or visit his website at http://www.sellintegrity.com

Author: Robert Moment
Article Source: EzineArticles.com
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