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Published by the Entreprepreneurs and Professionals Network

Top 5
Secrets of Successful Entrepreneurs

Written by Guest Blogger, 6 years ago, 0 Comments

If you have entrepreneurial dreams, you have to live it and breathe it. You have to treat the idea like a baby, like your child. You don't sleep when you have a new baby. I didn't sleep. I didn't have weekends. I worked nonstop.   Tyra Banks

 

Are you ready to take that leap into entrepreneurship?  Do you have what it takes to be successful?  After reading the article: "The 10 Things Successful People Live By Before They Make It". We've narrowed them down to the top 5 traits below, to share with our EPN readers.

1. Successful Entrepreneurs don't  use excuses.

We all have two voices. There’s the voice that tells us to work hard, to focus on the task at hand and to finish it before we move on to the next. And to finish it well.

We also have the voice that tells us to take a break, to think about what’s on TV, or to visit a site that we like to visit that entertains us – whether it’s ESPN.com or facebook.

In life we’re the victim of injustice from time to time. It could be a promotion that we deserve but don’t get. No matter who we are, we’re going to be treated unfairly at some point. We can either feel sorry for ourselves, or push forward and put it behind us – even use it as motivation.

Nelson Mandela could have used his unjust imprisonment as an excuse to give into his anger. Instead, he used it as an opportunity to learn, grow, and eventually free others.

Listen to your excuses. Understand why you have them. Then figure out how you can use them for good.

2) Early mornings and late nights.

People who have achieved true success in their lives have worked for it.

This might come at the detriment of other areas of their lives, such as family or social life. But their mission is first and foremost. Until it’s complete, everything else comes second.

There’s literally no substitute for hard work. Abraham Lincoln said, “Things may come to those who wait… but only the things left by those who hustle.” If you want to be successful, you’re going to have to out hustle everyone else.

3) They Live by their Principles.

Winston Churchill had principles. The difference between him and the rest of us, is that he stuck to his principles at all costs. He didn’t waver when they weren’t popular – an extreme rarity in politics.

What are your principles? All of us should have them, know what they are, and live our lives by them.

One of Apple’s principles is to bring change to the world through technology, and they do it with every product they release.

Identify what principles you have that guide your life through tough times, and when things couldn’t be any better. They shouldn’t change, and at your core, neither should you.

4). Successful Entrepreneurs have "unbreakable faith."

We all have moments of doubt. Even the best of us question if our dream is going to come true. The one thing that separates the truly successful from those who never reach their true potential is an unbreakable faith in the fact that what they’re doing is right.

Even if they have moments of doubt, they’re soon quelled, where other’s listen to that doubt and let it eat them up and finally they quit.

Have your moments of doubt. You’re human. Just don’t let that doubt eat you up. Instead let it motivate you to prove your optimism right.

5). Successful Entrepreneurs persevere when others don't!  They are risk takers!

How does the guy who quit on his dream know how long it would’ve taken him to become a success? He doesn’t. None of us do. It could be tomorrow, or ten years from now.

What separates a lot of the great people we read about in our history books from those we’ve never heard of is the fact that they never quit. Quitting was never an option. They only stopped when they reached their dream. And even then, they created a new mission.

Take James J. Braddock, or even Nelson Mandela, for example. They didn’t achieve their greatness or success early on in their careers or in life like some. They achieved it after surviving. They survived while others literally died, or quit. In their cases it wasn’t just that they were the best, but they were the best because of what they endured. They were the last one’s standing.

We don’t know when our breakthrough will come. So don’t guarantee your failure by quitting. You can adapt, change, and evolve, but never, never, never quit.

No risk, no reward. Yes it’s an over-used, cliché of a phrase. But it’s true. Those who have achieved real success have often risked the most to get there.

Posted by Joel in Motivation, Success Advice

Excerpts from:  The 10 Things Successful People Live By Before They Make It