How to be a successful entrepreneur

How to be a successful entrepreneur

How to be a successful entrepreneur

Entrepreneurship is the core of our economy. How so? As entrepreneurs we are free to tackle any idea or vision we may have and make it reality. From this reality jobs are created, solutions are carved for the greater good and in the end we contribute to making this world a better place.

There’s a spot under the sun for each one of us. New technologies and businesses are launched on a daily basis and I know you want to become part of this awesome movement.

So, how do you go about becoming a successful entrepreneur?

Here are a few key indicators to keep in mind when launching your business to ensure success and sustainability.

1. Mindset

Starting a business does require savvy and skill, a bit of cash and an idea. To get you going on this path you need to ensure you have the right mindset. This means remaining focussed on the greater goal. It means staying on this path no matter what. It means remaining positive in each and every situation. Having the right mindset means you are more than halfway there.

2. The right support

Nowadays you’ll find more than one founder to a startup. In fact VC’s and angel investors will insist that there are two founders to a startup. Why? Without the right support you could become easily distracted, disillusioned and demotivated. With the right co-founder by your side, the best matched mentor and coach as your support, will enable you to make better decisions quicker and will prevent you from straying from your goal - which is to run a successful startup and be a thought leading entrepreneur.

3. Good habits

You’ll see many articles being written about good habits of successful people. Good habits will include getting up at the same time every morning, regardless of it being a public holiday or weekend. Most successful entrepreneurs will get up at 5am. Start off the day with mental clarity and visualization of what you expect for the day and be grateful for where you are and what you have. Be sure to have excellent email and time management. The better you spend your time the more you’ll get done. Write a to-do list for the day and start with the smaller tasks so that you get that sense of accomplishment before tackling the bigger tasks.

4. Networking

Networking is an effective means to market your business informally. It gives you the opportunity to do “live” market research on a business concept you may have and to get instant feedback on your services. Plus, networking is a great way to meet like-minded people, who will not only be part of your support system, but can also introduce you to the right people for possible future business growth.

No matter where you are in the startup cycle, if it’s concept stage, pre-investment or post-investment, developing the right mindset with the right support will ensure startup success.

Share your success with us - we would love to hear your thoughts and experiences!