7 (Not So Easy) Steps to Becoming a Successful Entrepreneur
Think you want to be an super successful entrepreneur… you may want to understand everything that it’s going to take, before you take the leap of faith and dive in. If you’re looking for a get rich quick entrepreneur type theme… good luck… it’s not going to work.
If you’re looking to commit a lifetime of work to fulfill a life-long dream or passion of yours, while making a super successful business out of it, then you stand a very good chance of being successful as an entrepreneur.
So let me share what it takes to become a successful entrepreneur, then, I’ll go into a little more detail into each specific bullet point.
- You’re Going to Need to Bust Your Hump
- You’re Going to Need to Sacrifice a Lot of Different Things
- You’re Going to Need to Work Harder and Longer Than Any of Your Friends
- You’re Going to Need to Have an Undying Faith that Things are Going to Work Out
- You’re Going to Need to Throw Out the Idea that Failure is an Option
- You’re Going to Need to Take Advantage of Every Second in Every Day
- You’re Going to Need to Give Up Control
The above points are not meant to discourage you from becoming an entrepreneur, they’re meant to educate and inform you, so that you can prepare yourself mentally for the entrepreneurship road that’s in front of you.
You’re Going to Need to Bust Your Hump
No doubt about it, you’re going to have to throw out any lazy habits that you may have. It has to be a full on attack on what you need to accomplish for that day, everyday… sometimes seven days a week. You’re going to need to wake up early, and go to bed late.
You’re Going to Need to Sacrifice a Lot of Different Things
Those Sunday football games that you go to and tailgate for five hours before the game, you may need to dump. Those hour and a half lunches that you take with your friends to hang out, you may need to dump that as well. The idea here is to make the most of every minute of the day. Yes, everyone needs to have some fun, but you’re going to need to cut back on some of these longer socializing activities.
You’re Going to Need to Work Longer and Harder Than Any of Your Friends
Your friends may not have the same goals that you have, and they most likely don’t have the same work ethic either. Some people are fine going to a nine to five job and collecting a paycheck for the rest of their lives. In entrepreneurship, it’s about laying the cement foundation in the beginning, to reap the rewards later.
You want to be the one writing checks to your employees, not the one receiving checks from an employer.
You’re Going to Need to Have an Undying Faith that Things Are Going to Work Out
I don’t mean faith in a religious sense here, I just mean that you’re going to need to believe in things that you may not be able to physically see directly in front to you ie: the rewards and monetary gains that you’ll receive once your business is successful. Friends and family are going to tell you that you’re crazy, and that you’ll never do it… these are the times when faith is going to pull you through.
People that don’t have the entrepreneurial vision, don’t understand the way entrepreneurs think, don’t worry about it, just move on and keep doing what you’re doing.
You’re Going to Need to Throw Out the Idea that Failure is an Option
Failure is not an option. If you’re going into your entrepreneurial endeavor with a bail out plan, you’re most likely going to end up using your bail out plan. Any ideas that you have around failure, must be smashed. Your attitude needs to be right, one hundred percent of the day, and you always need to be focusing on the positives in any situation that you’re in.
You’re Going to Need to Take Advantage of Every Second in Every Day
Planning is vital to an entrepreneurs long term success. It’s not like you’re going to wake up in the morning and ask yourself what you’re going to do for that day. You need to plan your day ahead of time, so that you can max out every second of the day. Entrepreneurship is fast paced… it’s like no other career in the world. You are literally living, and dying, by the sword every single day in the beginning.
You’re Going to Need to Give Up Control
As an entrepreneur, it’s going to be tough to give up control of certain tasks in your business. After all, you spent your blood, sweat, and tears building your successful business, but to expand and grow your business, you’re going to need to give up control to employees and partners that you rely on.
Yes, no one does a job like you do, but by you handing over some of your more time intensive daily tasks, you’ll free yourself up to focus on more important business expansion projects.
Taking on a new entrepreneurial endeavor, and being successful at it, is going to be one of the most rewarding things you ever do. You just need to realize that it’s going to take some time, and that you’re going to deal with many failures in the process.
The fact is, that most people actually have no idea of the commitment that successful entrepreneurs put into their everyday meetings and tasks, all they think of is some guy or girl out on the golf course, or vacationing on their fancy yacht.
This is far from the true reality, because most successful entrepreneurs bust their hump and are already working before people wake up, and long after they go to sleep, people just don’t know it. We’ll keep that secret to ourselves.
This was my first post in my bi-monthly series of entrepreneurship articles that I’m writing for the BrainyMarketer.com. Yes, my writing style is up front and in your face, but there are two main reasons why: the first is… I really want to spark some ideas in your mind while you’re reading the article and have you walk away thinking of what actions you can take to fulfill your entrepreneurial goals; and the second is…
I want you to know the truth about entrepreneurship and what it takes to be successful.
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