Top secrets of successful entrepreneurs?

24
MAR
2019

In this fast-paced and competitive world emerging as an entrepreneur isn’t easy. Being an entrepreneur demands to leave your cushy corporate job where the paycheck arrives regularly to venturing into an unknown world and unchartered territory. It takes a lot of hard work, courage, and determination to be an entrepreneur.

Below are some well-kept secrets of entrepreneurs which will lead you to the path of success.

  • Follow your passion

A great leader’s courage to fulfill his vision comes from passion and not position – John C Maxwell

Passion is the key to success. Being passionate about your work will ignite an intensity between you and your team and also build trust among customers. It is best to pursue a path for which you are passionate about as that will guarantee you success.

  • Opportunities don’t knock twice

This is an old saying but it still holds in today’s world with immense value. Seizing every opportunity is very important. Understand the potential of every opportunity as missing out on an opportunity is not an option for an entrepreneur. They need to understand the value of every opportunity and make the most of it in every way they can.

  • Work hard in silence and let your success make the noise.

A dream doesn’t become reality through magic; it takes sweat determination and hard work - Colin Powell

Hard work is the only road. There is no such thing as an overnight success and hard work is the only path to success in any business. Successful entrepreneurs always give their best to everything they do as giving the best effort will never leave you with any regrets.

  • Never lose your focus

Focus on your goal by eliminating distractions and take every step in order to bring you closer to that goal. It is a well-known fact that companies who don’t do well die from indigestion and not starvation. Handling too many things at a time can never be fruitful, try to focus on one thing at a time.

  • It’s all about teamwork

Believe in teamwork as no individual can be good at everything. The main reason for successful entrepreneurs is the immense support of their team. The first step here is to find your skills and strengths and after that find a team where the people compliment your skills. Establish a proper communication system with your team and you can do wonders for your business.

  • Change with the world

Be adaptive as the world is developing at a very rapid rate. Learn new information and skills as soon as they become available. Following old techniques and outdated technology will slow you down and lead you nowhere. Change with the world and adapt to the ground realities as much as you can.

  • Be patient!

Be patient as the path to success is a long one and being patient and believing in your work is very important. Things don’t change overnight so you need to be patient and understand that growth takes time. Be focused on your mission and enjoy the journey to reach that mission.

  • Rely more on your instincts than a spreadsheet

Trust your instincts. Successful entrepreneurs have always said that trusting your instincts which are based on experiences is always better than relying on a spreadsheet. The real world has too many variables which can’t all be assumed and put in a spreadsheet. You need to be prepared to face any obstacles you may face along the way.

Hard work and perseverance are essential in every businessman. The list is endless but with the help of above-mentioned tips, you can take inspiration and guidance from successful entrepreneurs and begin your journey.

 

Jeevan J D’Mello, GDArch, CMCA, AMS, LSM, PCAM