What sets entrepreneurs apart from other people is their unique mindset. They’re passionate and dedicated, and they think outside the box. These unique traits aren’t something you’re born with. When I started my journey, it took me a while to fully embrace the mindset. I had to let go of the idea of “office hours” and the idea of a regular paycheck. I had to embrace the idea of jumping out of bed at 2 AM when an idea strikes. I fell in love with the idea of being able to take my kids to the park in the middle of the day and being “that mom” who shows up at all the school activities. You can learn the mindset you need to become a successful entrepreneur. If I can do it, anybody can. Do you have the entrepreneurial mindset?
Entrepreneurs see fear as a challenge. In fact, to be an entrepreneur, you need to love challenges. Facing down challenges is how you grow, and successful business people know this. If you’re new to this, then take baby steps and move just a little outside your comfort zone bit by bit. Try to remember the first time you got up and gave a presentation or sang in front of other people. It might have been terrifying at first, but once you’ve done it several times, it isn’t so bad. You’ll need to wake up ready for everything and willing to try anything to make your business successful. If you’d asked me back in 2012 whether blogging would have been a part of my business I would have said no way. I’m so glad that I decided to take the challenge. Who knows where my business would have been without it.
Learn from Everything
Entrepreneurs see absolutely everything as a learning experience. This includes both successes and failures. In fact, errors and mistakes teach you much more than your successes do. When you fail, you can analyze the failure and figure out what went wrong so that you can do it right the next time. A successful person gets their ego out of the way. They know that if a launch flops, it’s not because of them but something wrong with the product or service or the marketing. I’ve failed more times than I care to admit. Both in my personal life (divorce) and at various times in my business life. The key is to pick up the pieces, try to find the good in the bad, and keep plugging away.
Focus on Problem Solving
Entrepreneurs focus on solving problems. This is how they’re able to create such great products and services. They listen to people and grasp the challenges they’re facing, and then get to work looking for solutions. A customer facing a problem will happily pay for a product or service that solves it. Sometimes problem solving can mean knowing when to ask for help. I’m not especially techy but try my best to keep my blog up and running. I ran into an issue with my site that no matter how much I researched, I couldn’t figure it out. After a few hours (see failure above), I reached out to someone who was an expert in the area. They had me back up and running in 30 minutes. Speaking of getting help from others…
Network All the Time and Everywhere
A successful business owner needs to know many different people in many different fields. These valuable contacts can offer you their expertise and help when you need it.
For this reason, entrepreneurs talk to everyone everywhere they go and see every person as a potential contact. This includes people outside of their industry. You never know what kind of person might be valuable to know. If you want to grow your business, get in the habit of getting out of your orbit and meeting new people. Keep business cards handy. They are relatively cheap and to have made. Take them everywhere. You never know when an opportunity might present itself.
Think Beyond the Weekly Paycheck
Workers are used to being paid for their time or what they produce, but entrepreneurs take a longer-term view. An entrepreneur doesn’t work for their pay. They build a system that generates revenue. To be an entrepreneur, you must break out of the “working for pay” mindset. Get away from thinking about trading time for money and start thinking about trading money for value.
Action, Not Words with the Entrepreneurial Mindset
Finally, entrepreneurs act. Of course, they have to plan, and they plan very well, but when it’s time to act, they can act decisively. An entrepreneur knows that you learn as you get out there and do it, not as you sit at a desk. Once you have your plan in place, get to it. Being done is better than being perfect. Once you’ve acted, you can always go back and make improvements. But, it’s hard to sell a product or service that’s still sitting in your head.
If you want to learn more about how to build a successful business, check out our free mini-course. It breaks down the action steps necessary to get started.