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9 Habits that Accelerate the Efficiency of Successful Entrepreneurs

9 Habits that Accelerate the Efficiency of Successful Entrepreneurs

Innovative ideas are born every minute. With such intense competition, entrepreneurs who want their business to succeed must develop highly efficient habits and skills that also allow for personal growth.

Successful entrepreneurs like Steve Jobs, Mark Zuckerberg, and Sir Richard Branson all have one thing in common: they were known to have developed certain habits and unique approaches that made their businesses remarkably successful. By taking a closer look at each of the following habits, you can learn from the best and see how the habits of other successful entrepreneurs might apply to the type of entrepreneur you want to be.

1. Automating and delegating low-impact tasks

Spotting repetitive tasks in order to automate and delegate them allows successful entrepreneurs to focus on the high-level and impactful activities that no one else can do instead. For example, tech entrepreneurs Mark Zuckerberg and Steve Jobs are notorious for wearing the same clothes to work every day in order to eliminate time spent deciding what to wear. Instead, they could free up that time to focus on high value tasks.

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2. Not taking ‘no’ for an answer

Assertiveness plays a central role when it comes to developing ideas and creating a vision for your company. Usually, it’s only those who do not give up easily who end up closing the deal. They are the ones who look at every possible option and create opportunities where there haven’t been any before. Elon Musk, known for PayPal and Tesla Motors, is known for such grit by trying one venture after another.

3. Rugged tenacity

Known to have perfectionist tendencies, highly successful entrepreneurs aren’t afraid to make drastic adjustments to keep the business going. Yahoo’s CEO, Marissa Mayer set up a nursery in her office to shorten her maternity leave and get back to important tasks at hand. This is not to say her child was not important but that her time management was essential.

4. Constantly looking to solve customer problems

Consumers develop trust in companies that understand their pains. A successful business constantly innovates in order to offer new solutions that go along with the needs of their target market. One of Twitter’s founders, Evan Williams, strongly exhibits this customer-centric approach, which is reflected in the rapid growth of his other company, writing platform, Medium.

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5. Willingness to fail

Entrepreneurs who are willing to learn from their defeat are also likely to succeed in their next ventures. Payal Kadakia, founder of Classpass, imbibes such a mentality. Upon recognizing that her previous business ideas were not going anywhere, she decided to make a shift, create better business strategies, and start a new venture. A great way to think of this is to ask yourself, “Would I invest in my business in its current state?” If your answer is “no”, it’s time to address failure as an option.

6. Strong knowledge of the business

Most entrepreneurs who don’t have industry-specific skills and experience usually struggle when faced with challenging situations they are not accustomed to. However, those who have dedicated their lives to building their business know the ins=and-outs of its operations. Having valuable first-hand experience is crucial to the company’s success.

7. Transparency

Both employees and consumers trust entrepreneurs who have an open-door policy. Sir Richard Branson of Virgin Group exemplifies this habit by regularly blogging and sharing highlights about the company on the corporate blog. As an added bonus, his writing also improves the company’s visibility in the process.

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8. Cultivating a positive working environment

With a globally distributed team, Taso Du Val, CEO of Toptal, practices the habit of empowering his employees to make excellent decisions that spur company growth. Allow employees to take ownership in the business by actively communicating your company’s goals with the entire organization. This helps them feel a sense of ownership toward the organization.

9. Staying true to the company culture

Successful entrepreneurs use their differences as an advantage. They do not follow what others are already doing. Instead, they set their own standards and develop unique strategies that speak to the kind of company they have.

While anyone could come up with innovative ideas anytime, only those with the right attitude and highly efficient habits end up succeeding. If you want to accelerate the success of your business, you better start developing habits that will lead to the most impact.

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Featured photo credit: Jarle Naustvik via flic.kr

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Jonha Revesencio

Jonha Revesencio is a Business Strategist with years of experience developing digital media strategies.

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Last Updated on April 9, 2020

10 Things High Achievers Do to Attain Greatness

10 Things High Achievers Do to Attain Greatness

Do you ever secretly wish that you could achieve more with your time? You are not alone. Most people want more from their lives but simply don’t know where to start.

The good news is that learning to accomplish greatness in your life is totally possible if you learn to study other successful high achievers.

Find out what sparkling new patterns you want to implement in your own life by studying what real high achievers do in the round up below.

1. They Know What They Want.

That seems pretty obvious, but if you don’t have a clear goal, dream or desire in mind, how will you know when you’ve gotten where you wanted to be?

Successful people have clear goals and a clear vision for how to get there.

For example, Albert Einstein remained obsessed with the big questions and problems of physics, and he knew exactly what he wanted to do: he wanted to answer the questions and solve the problems that no one else had been able to. And guess what? He did just that.

High achievers dream specific, plan smart, and confidently strive toward success.

2. They Focus on Their Goals.

Once achievers know what they want, they are tenacious and focused on forward progress toward their goals. They don’t run over people or deliberately hurt people to get what they want, but they do stay focused on the end goal in all their interactions and daily tasks.

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Elon Musk, with a net worth of $21.2 billion, is considered revolutionary.[1] Some might have seen his plans to totally reinvent transportation methods, including fantasy-like transportation methods in outer space, a little silly. But Musk proved them all wrong by staying focused on his goals with hawk-like attention to detail. He spends hours and hours at the office focusing on his goals in order to achieve them.

Learn How to Stay Focused on Your Goals in a Distracting World.

3. They Are Passionate.

It’s very helpful when reaching for a big goal to not just get excited by it, but to truly be passionate about it.

High achievers often talk about how much fun they are having, or say that they would do what they do even if they weren’t getting paid (and in the beginning, they probably weren’t). That’s the kind of passion and positive outlook you need to achieve your highest goals.

Bill Gates, creator of Microsoft, began his successful career early in life by simply being excited about things like video games and computers. You can be like Gates too. Identify your passions and pursue them in your career.

4. They Don’t Procrastinate.

Some of the things we have to do to meet our goals or achieve our dreams are not very easy, but high achievers are able to focus on what needs to get done and actually do it instead of living in a world of dreams. They have a plan and they can follow it starting right now.

Even though you may not be into arts, you must have heard of Vincent van Gogh, one of the most influential artists of all time. He is a perfect example of someone who not only dared to dream, but also dared to act.

Instead of procrastinating or staying in a rut, he made a choice to pursue art and dove in head-first. Although he only worked for about ten years due to a tragically short life, van Gogh produced an estimated 900 paintings and more than 1,000 drawings.[2]

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If you want to get more out of your life, then stop dreaming and start taking actions today, not tomorrow: How to Stop Procrastinating: 11 Practical Ways for Procrastinators

5. They Create Their Own Opportunities.

True achievers know that they don’t have to be stuck in a box – they can create their own story through hard work.

Brené Brown is a respected social researcher and increasingly popular speaker and author. She has been hosted on Oprah. She has written and published a slew of popular self-help books, and she has one of the most-watched TEDx talks in history.

Interestingly, Brown didn’t start her story in a glamorous way. In fact, many social sciences professionals scoffed at her unusual methods of research and her passion for the topic of vulnerability and shame. Brown, however, continued forging her own path until she reached her destination: greatness.

Brown is a striking example of a person who knew what she wanted and paved her way into her own story of success with dedication. High achievers know that nothing good comes without hard work. They are willing to create their own opportunities and don’t expect to be handed cookie-cutter dreams in life.

6. They Have Positive Attitudes.

Studies of high-performing students find that the happiest students are those who excel most academically.[3] The same holds true for adults in business and in life.

If you have a good attitude, enjoy what you’re doing and remember that setbacks are temporary, it’s a lot easier to be successful. Without negativity, there’s nothing to hold you back from achieving whatever it is you want to achieve.

A positive attitude also helps people to think of what they are doing as important, which is a great way to stay motivated and working toward a goal.

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Jim Carey, the famous comedian and actor, began looking for gigs as a teenager. At age fifteen, he performed onstage and completely disappointed the crowd with a less-than-successful first performance. Carey ultimately succeeded, though, by maintaining a positive outlook. He is known for visualizing success, staying positive, and continuing to work hard.

7. They Have a Team They Can Count On.

High achievers know they can’t do everything themselves. There’s a time very early on when you can go it alone, but even the smallest startups need help. It’s actually easier for a company‒or a dream‒to grow more quickly if there are more people engaged in making it work.

Your team could even be one or two trusted individuals who have your back when things get hard. Stephen King, an iconic author, submitted one of his first novels, “Carrie”, to more than 30 publishers. He received rejection after rejection and even threw his manuscript in the trash. His wife was his team; she pulled the manuscript out of the trash and asked him to try again. “Carrie” was a hit and became a springboard to a successful writing career spanning more than 50 bestsellers.

High achievers are able to foster great relationships and build teams that can help them achieve what they want even faster. They tend to have an eye for talent and are good at attracting the right people to their teams.

If you want to be a better leader, these tips can help: How to Master Your Management Skills and Build a Strong Team

8. They Take Time for Themselves.

Amid all this hard work, multitasking and big dreaming, high achievers know they need to take care of themselves too. Getting sick in the middle of a major launch isn’t good for anyone.

So a lot of stories you read about people who’ve had a lot of success will note that they eat well, exercise regularly, try to get enough sleep and even occasionally take time away from the office to refuel.

Emma Stone, a highly esteemed actress, is open with the media about her struggle with anxiety and stress.[4] She reportedly practices self-compassion, meditation, and self-kindness to take care of herself.

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Successful people know that sacrifice is often required for success, but they understand what they need to do to keep their bodies and minds performing well.

9. They Don’t Bad-Mouth Others.

High achievers know better than to burn bridges. They practice the advice that you shouldn’t say bad things about others, and they usually listen more than they speak.

They also tend not to compare themselves to others or get envious. They’re so focused on what they want to do that they don’t stop to look around at what others are doing.

10. They Never Quit.

Tyler Perry, an accomplished director, writer, and performer, faced early failures in both his personal life and professional life. Perry pushed through these personal challenges and dealt with failure after failure with his first production. Finally, his production gained momentum, and he is now successful because he never gave up.

High achievers are tenacious, sticking to their plans and goals as long as they need to in order to get where they want to be. If they didn’t stick with it, they wouldn’t achieve anything.

Final Thoughts

Success and achievement are not just for the people mentioned above — they are for you, too!

Unlock your future by finding your passions and goals, and working hard. Pay attention to what other high achievers around you are doing, and follow suit.

Before you know it, you will be creating your own famous success story.

More Tips About Achieving Success

Featured photo credit: Fabrizio Verrecchia via unsplash.com

Reference

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