Why Entrepreneur’s Attitude Affects Them From Being Successful

Why Entrepreneur's Attitude Affects Them From Being Successful

What is important to being successful as a small-business owners and entrepreneurs?

Knowledge, skill and talent.

Many competitors may have the same traits as you do.

The key to beating the competition and achieving success is mental…

By reflecting in one’s attitude that is totally controlled by the individual and requires no cash.

This holds true in most human attempts besides business such as; in sports, the arts and politics.

How many times have we seen the underdog team or player win over the more talented opponent?

The difference is often attitude.

These attitude attributes can put you in the right mindset for achieving entrepreneurial success.

Seek and you shall find

There are thousands of clues and even direct blueprints to how to make money if you know where to look.

Find a successful company that is creating products or services that you are interested in and figure out HOW they are doing it.

This process is called reverse engineering to isolate two important factors:

Their traffic and monetization.

Where are they getting people to see their products?

How are they converting them into buyers?

If you can answer these two questions with a systematic approach, you can start to build a business around it immediately.

Have passion for your business

Have passion for your business

Work should be fun.

Your passion will help you overcome difficult moments and persuade people to work for you and want to do business with you.

Passion can’t be taught.

When it fades, as it surely will in difficult times, take some quiet time.

Whether it be an hour or a week, take inventory of all the reasons you started the business and why you like being your own boss.

That should renew your passion.

Don’t let them intimidate you out of your dream

1) Work harder than everyone else.

You don’t have to be the most formally educated, the most financially set up, or even the smartest, but you should give them a run for their money when it comes to ambition and determination.

But remember this quote:

“Always go the extra mile, there’s a lot less traffic up there.”

2) Every expert was a newbie at one point and don’t let them intimidate you out of your dream.

Learn as much as you can, as fast as you can.

3) Ethics do matter.

I don’t care what they say about “it’s just business,” the world comes full circle.

Be competitive, but stay true to your beliefs and principles.

It always comes back around eventually.

Set an example of trustworthiness

People have confidence in trustworthy individuals and want to work for them in a culture of integrity.

The same is true for customers.

Be flexible, except with core values

Be flexible, except with core values

It’s a given that your plans and strategies will change as time goes on.

This flexibility for rapid change is an inherent advantage of small over large business.

But no matter what the pressure is for immediate profits, do not compromise on your core values.

Don’t let fear of failure hold you back

Failure is an opportunity to learn.

All things being equal, venture capitalists would rather invest money in an individual who tried and failed founding a company than in someone who never tried.

Focus on quality and execution

1) Hire exceptional people, make sure they feel valued and can work as a team.

2) Work to achieve synergy (energy and alignment).

3) Practice Kaizen (Japanese for “small improvement” and “better”) everyday focusing on getting a little bit better with the belief that over time outcomes become significant.

4) Focus on expands and set outcomes that are bold, passionate, measurable, written and positive.

5) Worry less about growth and more about quality and execution.

When you take care of your customers and exceed their expectations, growth and opportunity follow.

6) Remember that success often comes to those who get in front of the inevitable.

Make timely decisions

It’s okay to use your intuition.

Planning and thought are good.

But procrastination leads to missed opportunity.

The major company asset is you

Take care of yourself.

Your health is more valuable than the most expensive machinery or computer software for the company.

You don’t have to choose between your family or your company, play or work.

Maintain your health for balance and energy, which will, in turn, enhance your mental outlook.

Keep your ego under control

Keep your ego under control

Don’t take profits and spend them on expensive toys to impress others.

Build a war chest for unexpected needs or opportunities.

This also means hearing out new ideas and suggestions no matter how crazy they sound.

Believe

You need to believe in yourself, in your company, and that you will be successful.

This confidence is contagious with your employees, customers, stakeholders, suppliers and everyone you deal with.

Encourage and accept criticism graciously. Admit your mistakes.

You need to constantly work on convincing your employees that it’s OK …

Even necessary and to state their honest opinions even it if conflicts with the boss’s opinion.

Just stating it once or putting it in a mission statement won’t cut it for most people.

Be a thought leader

Based on my own experience, it pays to be a thought leader in your own industry.

In today’s world, it is easy to publish your own information (including videos), but the traditional media outlets still carry a lot of weight.

Get positive exposure and help others by sharing your expertise.

By building up a following and strategic partners, good things will happen.

On the other hand, it pays to love what you do.

Hard work and dedication can separate success stories from those that do not have their heart in it.

As the old Confucius quote goes, “Find something you love to do and you will never have to work for the rest of your life.”

Maintain a strong work ethic

Maintain a strong work ethic

Your employees will follow your lead.

It will also help you beat your competition by outworking them, particularly when your product or service is very similar.

Rebound quickly from setbacks

There surely will be plenty of ups and downs as you build the business.

Learn from the setbacks and move on.

You can’t change the past.

Periodically get out of your comfort zone to pursue something important

Many times you will feel uncomfortable in implementing a needed change in technology, people, mission, competing, etc.

For the company and you to grow personally, you sometimes have to step out of your comfort zone.

Many organizational and leadership shortcomings can be overcome or mitigated with the good attitudes described above.

All can be learned except passion, which comes from within.

Take time out of your hectic schedule to periodically reflect on these attributes.

You may be inspired to act.

Bill Gates’s Top 10 Rules For Success

So what attitudes have affected your success? 

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

Here is another good blog to read: Tips To Avoid Business Failure

Read my latest blog on: 51 Quotes You Need To Hear To Be Dealing With Failure

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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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