7 Habits of Highly Successful Entrepreneurs


7 Habits of Highly Successful Entrepreneurs

Richard Branson, Bill Gates, Anita Roddick, Sara Blakely, Mark Zuckerberg, Arianna Huffington, Naomi Simson…what is it about these people that has made them such hugely successful and well-known entrepreneurs? You might be thinking they have more money, knowledge or resources than you? Or perhaps even more time (although that’s physically impossible!) No, it goes much deeper than that.

As well as their fame and fortune they all have a number of communal habits, ones that we can all in fact adopt at any time – should we decide to:

1. Believe in yourself and follow your dream

In order to make things happen you need to believe that you can make them happen. Being self-assured about your capabilities is essential in making that business dream become a reality. Our energy grows where our focus goes, so keeping your goals consistently present and front of mind is a sure fire way to keep you motivated towards them. “You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions.”
– Steve Case, co-founder AOL.

2. Take Action

Once you have found your great idea, you must take action and persevere to build it into a successful business. So-called overnight successes generally didn’t happen over the course of a day. “It’s not about ideas. It’s about making ideas happen.” Scott Belsky, co-founder Behance.

3. Spend time with your family

It’s never easy trying to juggle work and family commitments, but making sure that you allocate time to enjoy with your family is critical. This is something that you can’t buy and can never get back. Feeling connected is one of our core human needs, it makes us feel confident, secure and fulfilled – key attributes of successful entrepreneurs. There’s simply no better way to get it than when we’re with the people we love most.

4. Love what you do

If you’re going to put in the hard yards to realise your business goals, it will be a lot easier and much more rewarding if it’s something that you’re passionate about. It’s not uncommon to love what you do when you go into it and lose sight of that when the going gets tough and you’re stuck in the daily grind. Keep a reminder of why you’re doing what you do visible at all times to help keep you motivated to stay on your chosen path. “You know you are on the road to success if you would do your job and not be paid for it.” Oprah Winfrey, Media Mogul.

5. Take care of yourself

Without your health you have nothing, so remember to always prioritise your own personal needs and stay in tune with what your body requires, as it will be different at different times. This helps to give you energy, clarity, focus, motivation and longevity. Successful entrepreneurs make time to give their bodies what they need routinely. CEO & co-founder of Twitter, Jack Dorsey likes to meditate prior to his 10km daily run.

6. Take risks

Risk-taking is synonymous with entrepreneurship and although it can be a little scary at times, when you get it right, it really pays off. Staying connected to your core values and your higher level goals will give you the confidence and security to help you leave your comfort zone and push boundaries. “The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg, CEO & co-founder of Facebook.

7. Learn from your mistakes

It’s crucial to learn from mistakes, customer complaints and employee feedback so that you continue to improve your product or service, and to grow and evolve your business in a positive manner. Remember: there is no failure, only feedback. Embrace every situation as an opportunity to learn and develop. “Your most unhappy customers are your greatest source of learning.” Bill Gates, co-founder of Microsoft.

So my question to you is, which habit can you adopt right now that will start boosting your success and take you closer towards where you want to be?

Views All Time
Views All Time
Views Today
Views Today

“The opinions expressed by Smallville Contributors are their own, not those of"

Recommended Posts

Leave a Comment