Developing and Strengthening Your Entrepreneur Mindset

Developing and Strengthening Your Entrepreneur Mindset

Whether you have an existing business or are getting ready to launch your business, one of your most pressing priorities is developing and strengthening your entrepreneur mindset.

Yes, building a business takes real work and effort, but it is best done with an attitude that embraces the initiative and risk involved in becoming your own boss.

You must be flexible, yet determined, dedicated, yet comfortable with frustration, and a trailblazer, yet a cynic.

This might sound like an ambitious task, if you don’t already possess these characteristics.

However, you can use these habits to cultivate the mindset of a successful entrepreneur so that you are set up for success.

Keep a positive attitude.

Having a positive attitude is not about idealistic promises or a maintaining a dreamer attitude.

It is about seeing things in perspective and framing things in a positive light.

Rather than asking yourself “What can I do to avoid this situation,”

Ask yourself “What can I do to correct this situation?”

The right attitude embraces challenges, always looking for the lesson buried in the difficulties.

Understand people

Remember that the line between people and technology is a fuzzy one.

Whether you are an engineer or a teacher, work to understand those around you.

A successful entrepreneur is adept at reading people and determining what motivates them and what keeps them up at night.

They realizes with risk comes potential reward and that the real reward is in solving a “people problem.”

Learn from failure and move on.

Disappointments can be difficult, but they are also great opportunities to learn.

Instead of being ashamed of the mishaps and blunders you have made…

Seek the lesson you can learn from your mistakes.

By learning from your defeats, you grow stronger.

Each one of those experiences helped shape you as an individual…

So look for the deeper meaning.

Identify a problem or need and work to solve it

What do people need now?

What does the market need now and 18 months from now?

Maybe it’s the ability to easily access video content from mobile devices.

Maybe it’s the ability to capture and analyze information from billions of social media posts for key insights about a particular topic.

Identify a problem, pain point or core priority within a specific market or industry.

Think about how technology can be applied to address this particular problem.

Seek to stand out

Seek to stand out.

Entrepreneurs embrace their uniqueness.

As children, we tended to want to blend in rather than be blatantly different.

However, now I suggest that you embrace what makes you unique.

When you celebrate that which makes you and your company distinct…

You stand out from the crowd and differentiate from your competitors.

Embrace life-long learning.

The quickest way to stagnation is to reject new modes of thinking.

Entrepreneurs are defined by their ability to embrace new technology, new theories, and new practices.

The entrepreneur mindset is fed by that endless appetite for new learning…

And it will help you expand your skills and grow your business.

Pace yourself.

Yes, you have a lot you need to accomplish to reach the top of that mountain…

But patience and perseverance define successful entrepreneurs.

You need to pace yourself as you climb to financial and business success.

Pushing yourself is an admirable quality but ultimately it is unsustainable.

It is healthy to prepare for those times when you will need to work demanding hours…

But don’t define yourself by your ability to do that and only that, or you will soon burn out.

Be willing to take a risk

When it comes to technology innovation and entrepreneurship, it all starts with taking a risk.

Once you have identified a market problem…

Plan to invest your own time and money before asking for financial help from potential investors.

This groundwork that you do…

From initial market research to product planning…

Demonstrates your commitment to the end result.

Follow through

Follow through.

If you have ever attended a networking event and met people who promised to call you about a potential partnership, then never did…

You see the lost opportunity of not following through.

Think of following through as grabbing an opportunity.

You never know which one of your efforts will succeed.

So following through is just another way of being proactive.

Take care of things as soon as possible and call people back, say thank you, reach out to colleagues, send the letter, etc. as soon as possible.

Set appropriate goals.

Goal setting is another way you can push yourself forward…

But remember the quality of your goals must be high.

Do not settle for simply setting goals with no follow through.

If you want to…

Such as, set the goal of finding a mentor, ask yourself:

What does it take to accomplish that objective?

Break it down into tasks like “reach out to 2 potential mentors each month”

or

“attend 3 networking events each month”

So that you break down that goal into manageable activities.

The most successful entrepreneurs spend time nurturing their mindset to ensure that they are best positioned for success, and so should you.

Plan, revise, build, review. Repeat

Remember: Tactics drive strategy.

Nobody has a crystal ball to predict the future.

Tactics are short-term decisions made with information you have available at a particular time.

These short-term decisions will drive relevant strategy.

Build a 90-day product plan, with tactics, resources and a timeline.

At the 90-day mark, test and review your beta product.

Revise and review as needed, soliciting feedback from your advisory board.

This may sound like a compressed timeline, but remember:

Three-year product roadmaps aren’t built anymore.

Innovation and new technologies are always rendering them obsolete after a few months.

Aside from continually studying your market and embracing risk and uncertainty, use your entrepreneur mindset to keep an eye toward the future.

As an entrepreneur, you must stay in the present, but always look toward the technology future.

What will people be asking for next?

How can I address that need?

These are the questions that must always be top-of-mind for the entrepreneur.

Now with that being said…

You might be ready to develop and strengthen your entrepreneur mindset.

And go after your passion.

Would you like to have a step by step system and a coach that with guide you through your journey?

Your coach earns 6 to 7 figure monthly and is happy to guide you to your path to success.

To help you achieve your passions and dreams

Now how would you like having sales team close all your deals for you while you are learning your business.

You will also get access to your very own traffic coach.

Lets see how she did 7K in a day using this system.

Her 7K Day

So are you ready to develop and strengthen your entrepreneur mindset?

I’d love to hear it in the comments below…

Here is another good blog to read: Traits of a Truly Entrepreneurial Mindset

Read my latest blog on: Is There An Entrepreneur Inside Of You?

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About Maria Barina

Maria Barina is a mother and grandmother who worked for the NYC Board of Education as Laboratory Specialist Bio/GS for 26yrs till the age of 56. Her husband, after 37 of marriage, passed away from Lung Cancer. She came to myEmpirePRO to seek guidance on how to get freedom that an online business can provide. Freedom to her is being able to do what she wants, when she wants to and to show others they can do the same to. Since she done that she is able to do this by working anywhere she goes and became a mobile-prenuer

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  1. Pingback: Having an Entrepreneurial Mindset | Maria Barina Live

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