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How Does an Entrepreneurial Mindset Help You in Life?

How Does an Entrepreneurial Mindset Help You in Life?

It’s often said entrepreneurs are rule makers and often rule breakers. Sometimes we speak about entrepreneurs like they’re some alien species with an entirely different brain anatomy. Nothing is farther from the truth. They’re like anyone else because we are all born with qualities that can make us great entrepreneurs[1] if not in business, in life for sure. We just need to develop those skills and qualities even if we’re not building businesses. This is what Sorin V. Chiriac, Entrepreneur and Director of Business Development at REKZE Laboratories LLC thinks.

It took him almost 10 long years of business entrepreneurship to value the life lessons he learned in his journey as an entrepreneur. He started as a tech entrepreneur and launched several successful start-ups. Later on, he switched his focus from technology to the cosmetics industry, and his company became sole importer and supplier of premium derma-cosmetics brands in the Eastern European market. Later on, he became Director of Business Development at REKZE Laboratories LLC.

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He believes entrepreneurship can be very enriching for personal development in particular and an entrepreneurial mindset[2] can actually offer great benefits in your own daily life.

1. Believe anything is possible.

The first and most important lesson he can share is that you have to always believe anything is possible. This goes beyond the desire in your heart; it means that when you believe something is possible, it’s also doable. If something is doable, you have to focus on how to do it. This trains your mind to see solutions rather than problems and distinguish the priorities in your life.

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2. Take time to appreciate small accomplishments.

As an entrepreneur, you’ll fail more times than you’ll remember and you’ll almost never see any rewards of your efforts overnight. Success takes time and, often, more than you thought. But entrepreneurship is also about the little steps like receiving a “Thank you” card from a client or your first sale. All great things are built slowly. It’s the same in life. When you start appreciating the small accomplishments, you also start to see things differently. You learn to be patient and learn to use what you have, rather than wait for what you don’t have. You learn to make things happen.

3. Don’t do things alone.

When we think about entrepreneurship, we envision something singular. Sharing your ideas and working alongside someone that shares the same beliefs can be very enriching and many times can help you find the needle in the hay of success. If there is something more that Sorin V. Chiriac learned from his entrepreneurial endeavors is that people you surround yourself with are essential for your success. They say if you’re the smartest in the room, you’re probably in the wrong room. Being at odds with someone challenging your ideas can be as constructive in life as it is in business. It’s the same for people supporting your ideas. Having someone believing in you at a time when you cannot find motivation is priceless. Most important: understand you can’t do it all. We need people to help you with little things so you can focus on a handful of your most important goals.

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4. Focus on what you do, not on others.

You’ll always find the grass greener on the other side. Chiriac is a person of action, and he likes to keep building things as he goes, but many entrepreneurs, and he’s known a few, think being a perfectionist is the key to achievement. They spend a bunch of time analyzing their competitors, seeing how they can outrank them. It’s a good thing to know what others are doing, as you want to be a step ahead, but don’t spend too much on it; focus on your ideas because thinking too much about what other people are doing results to nothing, but wastes time we could have used to be more creative in our lives; never forget that time is our most valuable asset.

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5. Just do it.

They say you don’t have to be a genius to be an innovator. Well, that’s perfectly accurate. Most of the ideas and inventions were not new. They became new when they hit the market. When you come up with an idea, the next step is to go for it and patent such an idea,[3] or someone else will do it for you. This is valid in every aspect of life. Sometimes being first is better than being perfect.

Featured photo credit: Frontine Creative via unsplash.com

Reference

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Gemma Tomlinson

Blogger, Social Media Consultant, Online Marketing Strategist, Copywriter.

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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