Are you Going to be a Successful Entrepreneur?
To succeed, you must be willing to ask questions, remain curious and open to new knowledge. This willingness to learn becomes more crucial given the rapid changes in technologies and ways of doing business and those that are open to change based on knowledge are the ones that have the best chance of being successful.Become a student of business best practices. You will want to learn about other businesses and strategies that have worked and see if you can adopt them to your business. Sticking with what you know because it’s all you know is never the best option. As soon as someone decides he knows it all, it is all over. There is a wealth of knowledge out there; those who find the knowledge that will best serve them and then put it to work are those who reap great rewards. 5. Health and high energy. I mentioned long hours before.
It is not uncommon for entrepreneurs to put in two normal work days for every one weekday as well as spend time on the weekends in their business, especially in the first two years. In addition to mental dedication, this takes physical stamina as well. You need to be able to put this kind of extra stress on your body without it taking a toll on your health or on your personal life. Maintaining a healthy diet and exercise regime are highly recommended because they will strengthen your body and your mind to enable you to deal with this better.
Many successful entrepreneurs say that they don’t need very much sleep. They are fine with four or five hours a night and wake up full of energy. As a small business you are not going to have a huge marketing budget or the best of anything from a resource standpoint, so you need to make up for this lack with your high energy level.
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