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7 Signs You’re Destined To Be An Entrepreneur Even if You Don’t Feel You Are

7 Signs You’re Destined To Be An Entrepreneur Even if You Don’t Feel You Are

We’re all entrepreneurs these days, aren’t we? We constantly sell ourselves with our appearance, our social online skills, and by bargaining with our friends and coworkers over decisions. Even more so, the Shark Tank TV show and online crowd-funding are all the rage. Everyone wants to be his or her own boss and enjoy a life of freedom. However, not everyone shares the same qualities that true entrepreneurs possess.

What do they have, that most of us don’t? How do these entrepreneurs take on challenges and get closer to their dreams?

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1. They Are Highly Passionate

It all starts here. Passion is the engine that drives most entrepreneurs. If you can figure out the “why”, the “how” will naturally emerge. Dig deep and uncover your limiting beliefs towards success and also create a list of things you love to do. A limiting belief might be something like, “I need money to start a business”. No, you don’t. You only need passion to break through and wake up everyday feeling proud to do what you enjoy everyday — and maybe even change the world! Need some inspiration? Take a look at these billionaires who started with nothing.

2. They Are Incredibly Decisive

This is one of the most difficult to conquer. Well, for me at least. To be an effective entrepreneur, decisions need to be made quickly. Thinking on your feet will be required often. We can be ambivalent in certain situations, such as when hiring (or firing). Even seemingly simple decisions, like choosing the colors of a logo, can have so many options. Make a decision and move on. Entrepreneurs don’t look back and have the confidence to know that things will work out in some way or another. After studying 500 millionaires, it was found that decisiveness plays a very important role in accumulating wealth.

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3. They Are Always Growing

Growth is a critical component for all entrepreneurs. This doesn’t only apply to business. If you want to be successful at anything, it requires that you constantly evolve in all areas of your life. This includes setting clear boundaries with your friends and family as well. You might feel like they don’t understand you or think you’re crazy. Who cares! Let them think what they want. Some ways you can grow outside of the business environment will pay on-going dividends towards your goals, like living a healthy lifestyle and reading… a lot. I read a few books each month. Typically, I awake at around 5am each day just to squeeze in some extra reading. Keep growth in all areas of your life a top priority.

4. They Are Laser Focused

Whether you want to simply create a successful blog as your business, or start a new coffee shop, or you want to become a venture capitalist, you must be highly focused and specific in your direction. This doesn’t mean you can’t take on multiple projects. It just means that each project should have a definitive understanding of the competition and industry in that space, the target customer and demographic, and knowing the benefits the product or services will provide. This last one is key. Most people market the features of their offering instead of the benefits to the customer. Focus on benefits and you will be way ahead of your competition as a sure sign towards entrepreneurship.

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5. They Are Willing to Take Risks

I find that entrepreneurs are generally more open-minded in all areas of life. Taking risks is how we learn what works and what doesn’t, both professionally and in our personal lives. However, this should always come with a good amount of due diligence. Just like you wouldn’t jump out of an airplane without a parachute, it wouldn’t make sense to hire new staff or work with a vendor that you didn’t research thoroughly. In the beginning of a business, the risks are much higher and become more calculated as your entrepreneurial ventures grow. For example, when starting out, you will need to eventually risk that steady paycheck and have the confidence that your business will make it.

6. They Are Authentic

Some of the signs above might not completely describe or define you currently, and that’s okay. This sign is one that you’re much closer than you think to becoming an entrepreneur. Whether it’s in your body language, your personality, or how you speak, your authenticity needs to shine through. This will give you the freedom to follow your intuition and start the process of becoming an authentic entrepreneurial version of yourself. Your ambition will become contagious and people will become a magnet to your authentic self.

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7. They Are Always Setting New Goals

And finally, all entrepreneurs set goals. They set goals in health challenges, project deadlines, forecasting revenue projects, and where they want to be in 3 months, 1 year, and 5 years down the road. I feel that you absolutely must write down your goals if you want to achieve them. Heck, your goal setting might simply start by being more authentic and recognizing when energizes don’t align with you or your business model. Keeping your goals to yourself is another important sign that you’re on your way to becoming an entrepreneur.

Wrapping Up

These signs are important in defining if you’re destined to be an entrepreneur. I hope some of the tips and additional links I provided are helpful for you to explore and find the confidence to follow your dreams of freedom. So many people don’t feel they have what it takes and get trapped in self-defeat. Take the first step and start your journey.

Just by reading this post… you are destined for more.

Featured photo credit: kosmos111 via shutterstock.com

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Dario Zadro

Web Strategist

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Last Updated on May 15, 2019

10 Most Successful Entrepreneurs and What We Can Learn from Them

10 Most Successful Entrepreneurs and What We Can Learn from Them

Apart from making crucial decisions for their own businesses, entrepreneurs innovate and grow their ideas. Albeit there being no cookie-cutter answer that fits everyone’s experiences, taking a look at some of the most successful entrepreneurs today, you might spot some similar traits and characteristics.

Starting and nurturing a business entails a great amount of hard work and commitment. However, for aspiring entrepreneurs who are prepared to dedicate themselves to their vision, here are 10 most successful entrepreneurs you can learn from:

1. Melanie Perkins: Know Your Worth and Keep Trying

    Melanie Perkins founded Canva, a Sydney-based business valued at $1Billion having successfully raised a number of rounds of successful funding and boasting more than 10 Million users in 179 countries.[1]

    She told BBC that one of the biggest challenges she faced getting into the business was talking about her company’s accomplishments when she first got to Silicon Valley. She attributed this difficulty to a cultural difference where Australians tend to ‘talk down’ their achievements and this would slow down her fundraising progress for a few years.

    Despite hundreds of rejections, Melanie emerged three years later with a much clearer strategy and stronger investor pitch that prompted a series of fundraising rounds netting the company $82Million of funding in total.[2]

    2. Bill Gates: Keep Learning and Exploring

      If you don’t know Bill Gates, you likely know the company he founded – Microsoft.

      Bill Gates’ story is a prime example of nurturing an idea that might seem out of this world but make sense in the future. One of the most successful entrepreneurs in history did not complete his degree at Harvard University to pursue a vision that the technology would soon become the future.

      He told a white lie to Altair, saying that he had made a computer program for them, therefore pushing himself to create a system that would change modern history.

      “The most important speed issue is convincing everyone that the company’s survival depends on moving as fast as possible.”

      Gates’ success is built on self-improvement and the seeds of an idea.

      3. Elon Musk: Never Stop Innovating

        Traditional thinking suggests that in order to become a successful entrepreneur, one must focus in a single field or industry.

        Elon Musk, however, breaks that rule.

        Today, the multifaceted tech entrepreneur, investor, and engineer advocates for the diversification of skills and businesses by delving into various fields of interest.

        When done right, skills in a single domain can be carried over then applied into contrasting industries to create something new the world might need. Musk owes his accomplishments to a constant thirst for knowledge.

        Having birthed Tesla and a myriad of products across the arenas of aeronautics and software design, Musk continues to evolve as an entrepreneur and plans to innovate for the long haul.

        4. Richard Branson: Develop People First

          British entrepreneur Richard Branson founded Virgin Records in the early 1970s. Virgin Records has since grown into the Virgin Group, today responsible for over 400 companies.

          The billionaire is strongly particular about working with a team that shares his core values and aspirations.

          Branson believes that managing a business can become taxing, thus he acknowledges his employees for putting in the effort that they have.

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          A good leader knows how to raise morale for positive productivity. Utilising emotional intelligence and compassion is a game changer in seeing results within a team.

          Branson’s supports the idea of nurturing a positive work environment, with the belief that credentials must go hand-in-hand with an enthusiasm for work.

          5. Jeff Bezos: A Relentless Focus on Customer Satisfaction

            Having founded Amazon, Jeff Bezos is known to be one of America’s most successful entrepreneurs. The e-commerce pioneer fixates himself on angry customers with the belief that a business’s loopholes are found in the experiences of unsatisfied customers.

            For the 8th year in a row, customers have ranked Amazon as the number one in customer service (according to the American Customer Satisfaction Index).

            While numerous companies ignore unhappy customers, Bezos found success in learning from reviews and surveys. By focusing on customer service, Amazon shows they care, both for their customers and for rising above their competitors.

            While praise and recognition are signs that a business is accelerating, criticism is an opportunity to improve a product or a service.

            6. Mark Zuckerberg: Start Small, Think Big

              Valued at over 55 billion dollars today, Mark Zuckerberg built the first version of what would become a social networking giant in his Harvard University dorm room. As one of the world’s youngest entrepreneurs, Zuckerberg undoubtedly took countless calculated risks to get his brilliant idea to its current status with 2.38 billion active monthly users.

              “The biggest risk is not taking any risk.”

              He’s always daring to explore with a fearless mindset.

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              The young tech entrepreneur never shied away from innovating outside of the box. Soon after Facebook became a hit to users and advertisers, big corporations took interest in buying Facebook from Zuckerberg.

              However, he took the risk and decided to stay with his creation. Turning down billions of dollars offered by Yahoo CEO, Terry Semel, he envisioned turning his brainchild into something much bigger than what it already was then.

              7. Steve Jobs: Live Your Own Dreams

                Steve Jobs lived a rocky path all his life and an aspect of which is a tumultuous career.

                The founder of Apple endorsed his beliefs on the temporality of life and limitations of time. He preached about the importance of working on the very legacies people wish to leave behind, an achievement he’s undoubtedly etched into the the archives of human history.

                Never one to hide under someone’s shadow, Jobs did not live by anybody else’s principles so he formed his own. He tirelessly dedicated himself to building a unique brand of products that became the benchmark for contemporary technology.

                After his highs and lows through his brief battle with cancer, Jobs concludes with yet another lesson to takeaway from his remarkable life. “No matter how much money you have, even the richest man can’t buy time.”

                8. Warren Buffett: Balance is Essential to Success

                  Despite being the third wealthiest person in the world, Warrant Buffett sported a frugal lifestyle for most of his life.

                  After buying a house in Omaha, Nebraska for just above 31,000 dollars, he has lived there since 1958. As a leading investor and a founder at Berkshire Hathaway, Buffett believes in setting aside an amount to save and spend only on necessities.

                  With a long term goal as a top priority in mind always, treating oneself can be sustainable once in a while. He advices to save money by deciding first and foremost what aspects to scrimp on and what aspects to splurge on to ensure a happy and balanced lifestyle.

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                  9. Jack Ma: Never Give up

                    On every journey to success, everybody stumbles and arrives at roadblocks. Some more than most, like Jack Ma, who survived countless rejections and failures only to get back up and brave every storm.

                    Ma is the founder of multinational technology conglomerate Alibaba Group. Despite being rejected to Harvard after every one of his 10 applications, Ma was never defeated.

                    His grit and tenacity is a fine testament to the fact that grades do not determine a future. While qualifications on paper are important, the development of skills and an attitude is just as helpful in making a recipe for success.

                    Despite finding himself in the verge of bankruptcy in the 1990s, Jack Ma possessed the resilience to put one foot in front of the other until he finally made it. “It’s important to have patience,” he says.

                    10. Tan Min Liang: Passion Can Pay Off

                      Tan Min Liang is the founder of the leading high-performance gaming hardware, Razer. Always on the look out for new opportunities to connect and scale his business, Tan has been bold in making many of his life’s decisions.

                      Having deviated from a traditional path set by a family that consists of doctors and lawyers, Tan was to find his life’s work and passion while gaming with his older brother.

                      The idea was simple: there were so many games out there to play, however, there were hardly any gaming equipment to match this.

                      So he dropped out of law and began going a different direction, into creating solutions in the gaming industry. At the start of 2019, Tan wrote to tech luminary Elon Musk to which Musk’s reply suggested of a joint venture between two of the most successful entrepreneurs today.

                      Final Thoughts

                      In today’s cutthroat world, the road to becoming a successful entrepreneur is a long and arduous process trailed with ups and downs. A valuable lesson that a good hand of entrepreneurs would love to convey to aspiring entrepreneurs is to keep the spirit of innovation and to explore uncharted waters.

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                      Learning from experience and failure is one direction to a desired end goal. Exhibiting the same dedication and grit so many entrepreneurs have through their unexpected careers – today’s budding visionaries ought to hang on their dreams and leave room for improvement along the way.

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                      Featured photo credit: Patrick Tomasso via unsplash.com

                      Reference

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