Updated: 2 days ago
#Mindset is the key when it comes to a "Successful Entrepreneur"
Entrepreneurial mindset is the number 1 best characteristics, your mindset is the total sum of your knowledge including your thoughts and beliefs about the world and yourself.
So it determines how you receive and react to information, problems and decisions.
7 characteristics of a successful Entrepreneur and their headway to a successful business.
1, Successful Entrepreneurs do have focused mindset
The key moving from "entrepreneur" to a successful entrepreneur is having a valuable business- meaning getting things done and also being focused.
Without focus and implementation- that special moment just count to nothing!- Barry Dunlop,
2, Successful Entrepreneur are made to see opportunities
Therefore, it is the No 1 entrepreneurial mindset that all great entrepreneurs share. Paying attention to opportunities and hard-wired to it even when others do not see it.
Successful entrepreneurs are observant, notice things everyday folks do not see. What the eye can see it can achieve.
"Richard Branson was travelling to Puerto Rico when his flight was cancelled, leaving him and hundreds of other passengers stranded. Branson didn't moan about his situation- he chartered a plane and divided the cost of the plane by the number of seats, and charged the stranded passengers $39 to re-book their seats.
3, successful Entrepreneurs focus ruthlessly and eliminate all distractions!
People who do and get great things done - do less of the small things!
We don't rise to the level of our goals, we fall to the level of our system.
Recommended Read: Essentialism; The Disciplined Pursuit of less, by Grey Mckeown
"You must deliberately, and strategically eliminate the non-essentials and focus and simplify.
4, Successful Entrepreneurs make quick decisions.
Entrepreneurs have the appetite for risk taking compared to the general population and nothing is more relevant than decision-making.
"They understand the consequences of getting a decision wrong but just as important has the way they understand the consequences of making no decision".
A wrong decision can be corrected- but making no decision can't, because you can't go back in time and reserve it. "No decision means it never existed".
5, Successful Entrepreneurs understands the meaning of having a Stoic mindset.
Adversity is not a new idea in the face of stoicism and being Stoic- but it is a philosophy and way of thinking that has seen a re-emergence in the best last decade.
Stoicism helps us to direct our thoughts and actions in an uncertain world
We cannot control external events and people, but we are able to control our mins and chosen attitude towards life and behaviour in regard to these external events.
6, Successful Entrepreneurs are hard-working and comfortable saying No!
Remember life is a demonstration and expression of where you direct your energy.
If you are focused you will get an amazing, stunning and focused result!
If you want to get important things done more- you need to say No more often. Most of us when it comes especially to friendship we hate to offend.
Focus mostly on tasks that get you closer to your goals and work hard towards it.
7, Successful Entrepreneurs are very optimistic and mentally flexible.
Optimistic is defined as the tendency to be hopeful and emphasize or think of the good part in a situation rather than the bad. Positive thinking and knowing that negative events are temporary setbacks to be overcome.
Success doesn't create optimism; it is your optimism that leads to success.
Successful Entrepreneurs knows that change is constant and part of life. Sometimes bad, sometimes good things happen either way successful entrepreneurs deal with them positively.