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Are You a Potential Entrepreneur? These 15 Signs Can Tell You the Answer

Are You a Potential Entrepreneur? These 15 Signs Can Tell You the Answer

So you think that you’re ready to become an entrepreneur? It’s not all glitz and glamour, and for most people, it takes dedication, time and a lot of late nights to get a business off the ground. Being an entrepreneur is one of the most difficult ways to earn a living, but also one of the most rewarding. These 15 signs, all backed up by successful business people and entrepreneurs, show the qualities you need to have in order to become a successful entrepreneur. How many do you see in yourself?

A Fiercely Determined Mind

The first thing that you will need to be an entrepreneur is ironclad determination. Someone that doesn’t give up at the first sign of difficulty.

When asked about what it takes to become a entrepreneur, Nitin Aswani, Founder & Head of Product of Oganikk Superfoods[1] said,

You can brush off negative, non-constructive criticism; you know that if you want to satisfy everyone, you should just sell ice cream. You are driven by purpose and are passionate – you understand that money is an output of resolving customer problems, not the other way round.

Always Go For The Leading Role

When you work with people in a group, do you find that you can’t help but assume a leadership role? Do you take it personally if a project doesn’t live up to your expectations? Then you might have what it takes to run your own business.

Evan Harris, Co-Founder & CEO of SD Equity Partners[2] explains,

The difference between a manager and a leader is vast. Just because you have held a management position for X number of years, does not mean you will succeed as an entrepreneur. To be a great entrepreneur, you must be able to lead. Your team needs to believe in your vision and trust that you can get them there. You need to inspire and incite passion. These are the qualities of a leader, not a manager. One who has these leadership qualities is on the path to becoming a successful entrepreneur.

Gritty? Okay.

A true entrepreneur isn’t afraid to get their hands dirty when needed, as did founder of Kent Dating[3]. He said,

In the early days of your startup, you will likely be doing a lot of the grunt work yourself until you can afford to hire some additional help. Be prepared to get into the trenches and get dirty, metaphorically speaking.

A Goer For Risks

Are you prepared to be yelled at by your customers the moment that something in your business goes wrong? As an entrepreneur, you will be in charge of dealing with difficult people. You’ll also need to be ready to give up time, comfort, and financial security if you expect your business to stand a chance. Evan Harris, Co-Founder & CEO of SD Equity Partners[4] said,

Starting your own business generally involves taking a lot of risks. In order to be successful, you must be able to understand the risks involved in a decision but also know that there will always be risk and not allow it to hold you back. Someone who can assess risk and then make an informed decision, without being sidelined by fear, is definitely an entrepreneur in the making.

On risk-taking, Fred D. Winchar, President of Max Cash Title Loans[5] adds,

You are a risk taker but only when the risk is in your favor. You don’t blindly risk but when you do, you are confident you will win.

A Contrarian

When everyone else says “why?”, you say “why not?” You don’t just want to go along with business as usual; you want to really mix things up and change the world for the better. Gene Caballero, Co-Founder of GreenPal[6], is this kind of person who said,

One of the most important character traits of a successful entrepreneur is they have to be contrarian – but right. Contrarians are the ones that challenge the majority but have the stubbornness to see an idea through till the end.

Always Asking To Know More

Were you the kind of child that took the family appliances apart to try and figure out how they worked? You likely have the inquisitive mindset necessary to start a business.

Jeff Kear, Founder of Planning Pod[7] says

Are you are always interested in learning other parts of the business in which you work even though they aren’t your responsibility and you might annoy others working in those roles or departments? When I had jobs prior to running my own businesses, I was always asking questions and looking into ways to improve how I worked and how the business functioned.

Unsettled With Traditional 9 to 5 Roles

Are you bored with your day job, doing the same task over and over? Does it all feel meaningless, and like you’re just undervalued and lining someone else’s pockets with your hard work? It might be time to get into business for yourself:

Ben Taylor, Founder of Home Working Club[8] says,

If you feel constantly stifled in traditional jobs and convinced you could do things better, this probably marks you out as an entrepreneur-type – so long as those convictions are based on reality!

Kristen Gagné, Founder of Webtawks[9] adds,

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The typical 9-5 job feels wrong. You loath office politics. You detest being put in a corporate box. You don’t feel the value in working in a position that isn’t useful. You feel stifled.

Comfortable With The Unknown

Entrepreneurs are comfortable with the fact they may not know where or who their next paycheck is coming from: “You are more than comfortable losing everything you have until you succeed. Everything. You live your life “all chips in” and if you lose, you are prepared to live like a pauper till you get another opportunity to win” says Fred D. Winchar, President, Max Cash Title Loans.

Sarah Glass, Founder of Kent Singles [10] adds,

You’re comfortable with the unknown. You enjoy not knowing what one day will be like to the next. You enjoy the process of not having all the answers. Predictability is boring.

A Jack-Of-All-Trades

An entrepreneur wears a lot of different hats in their business. Early on in your business, you may be in charge of sales, customer service, accounting, marketing, manufacture, and other tasks all by yourself. You will definitely need to be able to budget your time and complete multiple different tasks.

On what makes you a great potential entrepreneur, Steven Benson, Founder and CEO of Badger Maps[11] says,

When you have the basic blocking and tackling in each area of business – Sales, Marketing, Technology, Accounting, Finance etc. A big surprise to a lot of people who start companies is how much time they need to spend selling to be successful. You need to be a jack of all trades, because a big miss in any of these areas can be company killing.

A Doer Rather Than A Sayer

Many people sit and dream, but an entrepreneur actually takes action and turns their dreams into a reality. You can’t just think about great business ideas and have them magically happen; you’re going to need to actually put in some hard work. As what Fred D. Winchar, President of Max Cash Title Loans[12] says,

The difference between a potential entrepreneur and a SUCCESSFUL Entrepreneur is the ones who can truly live a life that others fear to live and know others will mock you as you live out your dreams. Inside, your heart is burning to be more than just an employee and you know that you are relentless in your pursuit to make it. Their fear is not yours.

A Meticulous Planner

A good entrepreneur plans for any possible outcomes. You need to think in advance of any opportunities or risk that may impact your business and have action plans to adjust accordingly.

Steven Benson, Founder and CEO of Badger Maps[13] says

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I think that a great indication of being a potential entrepreneur is when you consider yourself a ‘planner’. That’s someone who really enjoys planning things, whether it’s events or business strategies. If you are going to run your own business, you have to get used to thinking a couple of steps ahead and you have to develop a concrete action plan to get started.

You also know how to manage your time on a day-to-day basis, Brandon Latack, President of 651 Lab[14] , once said,

Deciding how you are going to spend your time throughout the day is one of the key aspects of being a successful entrepreneur. You and Elon Musk are both given 24 hours in a day. Use those hours wisely.

No Fear For Hard Work

You’re willing to roll up your sleeves and get your hands dirty. Entrepreneurs often put in 60 or 80 hour weeks in the first year of their business! If that sounds unappealing to you, you may want to stick to a salaried job working for someone else. Deborah Sweeney, CEO of MyCorporation.com[15], says,

One of the greatest signs that you’re destined to be an entrepreneur is found in the hard work you’ve done over the years and the amount of initiative you’ve taken/shown for what you’re passionate about. Entrepreneurs embrace hard work and do not shy away from it. Rather; they enjoy it especially when it ties in with their passions. Ultimately, you become what you believe you will become and if you set your intention, stay focused and positive, and believe in yourself while working hard, great things will happen.

Fred D. Winchar, President, Max Cash Title Loans[16] concludes

You have no concept of weekdays verses weekends. Every day is a day to work. Money is made 24 hours a day 7 days a week. Vegas proves that.

An Especially Innovative Mind

Ben Taylor, Founder, Home Working Club[17], says,

With plans and schemes of making money since school, then that entrepreneurial spirit is probably in your blood – especially if some of those ideas were successful.

For people to buy your product, it’s going to need to be something new that they may have never seen before. You can take inspiration from other brand’s ideas and improve upon them, but merely copying a product or service that already exists isn’t going to make you rich. On this, Kristen Gagné, Founder of Webtawks[18], says.

You always think of ways to improve everything – from the way to tie your shoes to the design of the picnic table in the park – you seek out efficiencies and betterment of your world.

Nothing Can Beat You Up

Entrepreneurs don’t take no for an answer! You’re going to have to stick to it when things get rough and don’t seem to be working exactly the way you had planned. Fred D. Winchar, President of Max Cash Title Loans[19] also says,

When you fall, you are the fastest person you know to stand back up. Everyone falls. Failure is part of success. I have yet to know the successful entrepreneur who has not failed multiple time and had crushing losses.

On bouncing back from failures, Brandon Latack, President of 651 Lab[20] added

There will be several roadblocks when starting a business. The bigger the idea, the more roadblocks there will be. [Entrepreneurs] think of each failure as a learning experience. Next time you will be ready for it!

Highly Disciplined

If you’re able to succeed in other areas of your life such as dieting or mastering a particular skill, then you may have the discipline required to become an entrepreneur.

Commenting on the discipline it takes to be your own boss, Nitin Aswani, Founder of Oganikk Superfoods[21],

You are highly internally motivated – being your own boss can be a challenge for those who tend to slack off if there is nothing pressing.

Brandon Latack, President, 651 Lab[22], also says

You have the discipline to stick to challenges. It’s easy to become less enthusiastic and talk yourself out of a challenge once adversity smacks you in the face. Entrepreneurs continue to push forward when things start to get tough.

So there you have it, 15 sure-fire signs that you’ve got what it takes to become an entrepreneur. If you answered yes to over half of these 15 questions, then you’re well on your way to making that dream of being your own boss a reality.

Reference

[1] Oganikk: Home
[2] SD Equity Partners: Home
[3] Kent Dating: Home
[4] SD Equity Partners: Home
[5] Max Cash Title Loans: Home
[6] GreenPal: Home
[7] Planning Pod: Home
[8] Home Working Club: Home
[9] Webtawks: Home
[10] Kent Singles: Home
[11] Badger Maps: Home
[12] Max Cash Title Loans: Home
[13] Badger Maps: Home
[14] 651 Lab: Home
[15] MyCorporation: Home
[16] Max Cash Title Loans: Home
[17] Home Working Club: Home
[18] Webtawks: Home
[19] Max Cash Title Loans: Home
[20] 651 Lab: Home
[21] Oganikk: Home
[22] 651 Lab: Home

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Last Updated on February 17, 2021

50 Ways to Increase Productivity and Achieve More in Less Time

50 Ways to Increase Productivity and Achieve More in Less Time

If you feel like you don’t have enough time to do everything you want to do, maybe it’s time to check-in with your time management skills.

No one is born to be very good at time management, so that’s okay if you think you’re bad in it. But everyone can learn to boost their productivity and achieve more!

Here are 50 ways to increase productivity and add hours to your day.

1. Set a Timer

Estimate the time you need to tackle different tasks and set a timer for each of your tasks. How you go about this is up to you as there are many different ways. There is the Pomodoro technique where you focus on a task for 25 minutes followed by a five minute break afterwards.

In the event that you have a task that will take much longer than that, you can consider one of the many timer-based apps. One that comes to mind is Clockify. It’s used for freelancers and entrepreneurs alike, however it’s a good way to be setting yourself a timer. It provides reports and you can serve as a project manager of sorts too. Best of all, it’s free.

2. Eliminate All Distractions

Distractions include the phone, email notifications and having multiple web browsers open on the desktop. Just as it’s important to be organized offline, it’s key to have things organized online as well. This free guide End Distractions And Find Your Focus is a good tool to help you. With this guide, you’ll learn how to get rid of distractions and boost productivity. Grab your free guide here.

You can also learn more on how to get rid of all distractions in this guide: How to Focus and Maximize Your Productivity (the Definitive Guide)

3. Listen to Music That Boosts Productivity

Distractions should be avoided, but sometimes a bit of music in the background can help you focus.

Of course, it doesn’t need to be heavy rock music, but a bit of Beethoven may do you some good.

Here’s a complete guide to help you pick the right music for better productivity: How To Maximize Your Productivity With Music: A Complete Guide

4. Find Meaning in What You Do (And Love What You Do)

Enjoying what you do is the ultimate way to increase your productivity.

If you aren’t sure what you love doing yet, don’t worry. Leo Babauta has some unique ways to help you: How to Find Your Passion

5. Prioritize your tasks ahead of time.

By listing your tasks in order of importance, you can make sure that you finish all of your most important tasks during the day.

Learn a unique technique to Prioritize Right in 10 Minutes and Work 10X Faster.

6. Batch Similar Tasks into a Single Batch.

Tasks like blog writing, phone calls, email and errands can be grouped into a single batch. You will save time by completing similar tasks in one session. One way to help you with organizing all of those things is through the app Todoist. It’s an easy and simple way for you to plan out your day, set reminders, and group all of your most important tasks in a convenient spot.

7. Complete Your Most Dreaded Tasks First Thing in the Morning.

Whichever activity you are dreading the most is probably the one you need to complete first thing in the morning.

Many people tend to check emails in the morning because after checking a list of emails, they feel fulfilled. But that’s just an illusion of having achieved more.

Doing simple tasks like checking emails first in the morning is bad for you. Instead, do the difficult tasks because you have more energy in the morning to tackle them!

8. Reward Yourself for Finishing a Big Task

To stay motivated for whatever you do, reward yourself every now and then.

Keep track of your small wins and milestones and celebrate them. So whenever you struggle about your progress, you see how far you’ve come!

Find out more about this 2-Step Approach to Self-Motivation: Track Small Wins and Reward Yourself.

9. Don’t Multitask

Research has shown that multitasking is not productive. If you think you can multitask, think again.

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For optimum productivity, focus on one thing at a time.

10. Step Away from the Computer

The Internet has become one of the number one distraction. To increase your productivity, try to do as much of your work offline as possible.

I do this a lot when I try to brainstom new ideas and have found it to be very beneficial to simply unplug.

11. Use Focus Tools

Make good use of apps and technology to help you remove distractions.

Here’re 18 Best Time Management Apps and Tools to help you stay focused. This way, you’re not distracted by the web, e-mail, or IM.

Also, join the free Fast-Track Class – Overcoming Distraction, and you’ll learn the one simple method to work even when you’re surrounded by distractions. Join the free session now!

12. Just Start

Often times, starting is the hardest part. People tend to wait for the perfect time with perfect condition to start. But there’s no perfect condition.

Once you get going, you will quickly get into a rhythm that could last for hours.

13. Find out Your Productive Hours

Everyone has a certain time of the day in which they are more productive than others. For me, it’s the morning.

Find out when your prime time is for productivity and optimize your work schedule accordingly.

14. Keep a Notebook and Pen on Hand at All Times

This way, you can write down your thoughts, to-dos and ideas at any time. The key is to get everything out of your head and onto paper. Your subconscious mind won’t be reminding you about it every other second. Another consideration is getting the app Evernote. Not only does this save you on ink and paper, Evernote is a convenient place for you to jot down notes and thoughts and then share them with the team. In certain circumstances, this can prove useful if you’re the type of person that has a lot of ideas that you want to share.

15. Write a Blog to Chronicle Your Own Personal Development and Achievements

The blog keeps you accountable and always working towards self improvement and personal growth.

When you write down all the small achievements you’ve been having, you’re also more motivated to move forward.

And you know what, this is how I started Lifehack too! What also helped me in starting Lifehack is WordPress, which allows people to set up a website for free. WordPress has simplified a lot of the process of building a site to the point that virtually anyone can build a website now.

16. Write out a To-Do-List Each Day

I like to plan my day the night before. This way, I can get started on my most important tasks as soon as I wake up. The Full Life Planner is a nice tool to help you organize your days and get things that matter done. Check out the planner here and start to plan your day ahead easily!

Make sure you don’t make any of these common to-do-list mistakes!

17. Write Your Most Important Tasks and To-Dos on a Calendar.

The key to good time management is knowing where to be and what to be doing there at any given time. Effective calendar management goes hand in hand with good task list management.

Learn here How to Use a Calendar to Create Time and Space.

18. Reflect on Your Productivity Constantly

As you go throughout your day, repeatedly ask yourself:

“Am I currently making the best possible use of my time?”

This one simple question can be an excellent boost to your productivity.

19. Get up Early Before Anyone Else

I know it could be difficult for some to wake up early in the morning but nothing beats a quiet house!

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Here’s How to Start Your Day at 5:00 AM and some Simple Things Early Risers Do to make waking up early easier.

20. Get Plenty of Sleep

When you work online, sleep can become a long lost memory. However, it’s important to get plenty of sleep so that your working hours can be as productive as possible.

Try out this night routine which I highly recommend for productivity: The Ultimate Night Routine Guide: Sleep Better and Wake Up Productive

21. Exercise

Research has shown that midday exercise boosts productivity and morale in the workplace.

Take a short walk at lunch or do some simple stretches during your break to maximize your productivity.

Here I have some exercises recommendations for you:

22. Outsource as Much as Possible

If you want to achieve more in less time, learn to delegate or outsource work. Here are just a few of the companies that will help you outsource your everyday tasks:

Also, read this guide to learn how to delegate effectively: How to Delegate Work (the Definitive Guide for Successful Leaders)

23. Set Some Exciting Goals

Without worthy goals, you will never be motivated to get things done.

Set goals that are challenging and achievable. The best goal setting framework is a SMART goal. That said, there are other tools that can help you out as well. For example, The Dreamers’ Guide To Reaching Your Goal is a great guide to help you set and reach goals effectively. Grab your free guide and learn how to make your goals happen this year!

24. Tell Other People About Your Goals

When you tell others about your goals, you will instantly be held accountable.

25. Listen to Podcasts

Listen to educational podcasts or audio books while you’re driving to work, cleaning the house, exercising, or cooking dinner.

Audio learning has the power to add hours to your day. Not to mention, your cranium is sure to thank you for it.

Some recommendations for you: 11 Podcasts To Inspire Yourself

26. Read David Allen’s best-selling book Getting Things Done

This is one of the most important productivity books you will ever read. Read it, apply the tips in your daily lives and get more things done.

Here’re more great books about productivity too: 35 Books on Productivity and Organizational Skills for an Effective Life

27. Learn to Speed Read

When you can read faster, you will read and learn more! Check out these 10 Ways to Increase Your Reading Speed.

You can also make use of the app OutRead to help speed up your reading speed!

28. Learn to Skip When You Read

When you’re reading a book, just read the parts that you need and skip the rest. But you have to read with a purpose.

Learn how to make it work here: How to Read 10X Faster and Retain More

29. Focus on Result-Oriented Activities

Pareto’s law (also known as the 80 20 rule) states that 80% of the outputs result from 20% of the inputs. This means that 20% of our actions result in 80% of the results.

We must find the 20% that is creating the 80% of our desired outcomes and focus solely on those activities.

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30. Take a Break

You can’t always be working at optimum productivity. Instead, you should shoot for working in short bursts at your most productive times.

31. Start a Polyphasic Sleep Schedule

What is polyphasic sleep?

Polyphasic sleep is a sleep pattern specification intended to compress sleep time to 2-5 hours daily.[1] This is achieved by spreading out sleep into short (around 20-45 minute) naps throughout the day. This allows for more waking hours with relatively high alertness.

While you can learn more about it here, you’re recommended to take some naps during the day to recharge your energy too.

32. Learn to Say “No”.

We can’t do everything and therefore we must learn when to say no in order to save our sanity.

Learn the Gentle Art of Saying No from Leo Babauta.

33. Go on an Information Diet

Most of the world lives on information overload. We must eliminate mindless Internet surfing.

Stop reading three different newspapers a day and checking your RSS feeds multiple times a day. Otherwise, you’ll never get anything done.

The key is to limit yourself only to information that you can immediately take action on. Here’re some simple tips you can try: 10 Simple Productivity Tricks To Manage Overloaded Information

34. Organize Your Office

The piles of paper around your desk can be a huge barrier on your productivity. Optimize your time by organizing your office, setting up a system and dumping the junk.

Check out these 21 Tips to Organize Your Office and Get More Done and 20 Easy Home Office Organization Ideas to Boost Your Productivity.

35. Find a Mentor

By modeling after those who have already achieved success, you will save yourself a lot of time and energy.

A good mentor is hard to find, so here’s a guide to help you: What to Look for in a Mentor

36. Learn Keyboard Shortcuts

With technology’s help, you can double your work efficiency. Even better, you learn all the shortcuts when using technology, for example keyboard shortcuts.

When you use keyboard shortcut, you gain 64 hours every year!

Not sure what shortcuts to lear? Check out these 22 Tricks That Can Make Anyone A Keyboard Ninja.

Besides learning the shortcuts, you can also create keyboard shortcuts with AutoHotKey.

37. Improve Your Typing Speed to Save Time

Do you know you can save 21 days per year just by typing fast?

You don’t really need to take some serious courses to type faster, try these typing games online:

38. Work from Home and Avoid the Daily Commute

If your job is a flexible one, consider working from home. This saves you the commute time and you’ll find yourself more energetic throughout the day as you have saved the long ride.

Take a look at these tips to help you stay productive while working from home:

How to Work from Home and Stay Ultra-Productive

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39. Get Rid of Time Wasters

Common time wasters include Instant Messenger, video games, Flickr, checking your stats 10 times a day, television and extraneous Internet surfing.

Don’t rely on your willpower, make use of some of these useful tools to help you stay focus: 10 Online Apps for Better Focus

40. Plan Your Meals in Advance

Plan out all of your meals a week ahead and make your grocery list accordingly. This allows you to focus on the necessary – saving you time and money. You can also save yourself even more time through a wide variety of apps. One app that I find helpful is Mealime. It’s an app that provides you with a wide selection of recipes and also a convenient spot for your grocery list as well.

Considering the fact that over 4 million users have this app, it goes to show that there is a good selection of meal plans that you can follow and that the app is friendly to use.

41. Cook Your Meals in Bulk

When you cook your meals in bulk, you will have plenty of leftovers. This can avoid having to cook everyday.

Find out more about how to make cooking in bulk works: Once a Month Cooking: Productivity Hack or Overrated Time Suck?

42. Protect Yourself from Unnecessary Phone Time with Caller ID

The minutes you spend on picking up unnecessary phone calls are time wasted. You can prevent that from happening.

Check out this detailed guide how you can deal with those unnecessary phone calls: How To Lose the Useless Items that Weigh Down Your Day – Cellphone Calls

43. Take Shorter Showers

This one may sound silly but it’s actually something I struggle with. I spend up to 30 minutes in the shower. Think of the time I could save simply by speeding up a bit.

44. Save the Trips to Bank by Taking Direct Deposit

Many employers now offer direct deposit. If yours does, then be sure and take advantage of it and save yourself from a number of trips to the bank.

45. Auto Pay Your Bills

How many times have you been worried about whether you missed the bills deadline?

Auto paying your bills will save you time and eliminate late fees and increased interest rates.

46. Shop Online

Whenever possible, avoid going to the store. When you shop online, you can be more focus about what you’re getting.

47. Speed up your Internet With a Broadband Connection

Many people are aware of the slow speed of internet but aren’t doing anything about it. In fact, this is the number one Internet time-saver!

If you must use dial-up, then you can use accelerators like Propel and SlipStream to double or even triple your speed.

48. Keep up the Speed of Your Computer

If you’re a Windows user, use Windows hibernation feature to avoid the slowdown of exiting and restarting Windows.

Or maybe, consider switching to Mac as there’re plenty of Advantages You Probably Don’t Know About Switching To Mac From PC.

49. Turn off the TV

The average American watches more than 4 hours of television every day. Over a 65-year life, that’s 9 years glued to the tube.

For better health and productivity, turn off the TV. Here’re 11 more reasons to tell you to stop watching TV so often.

Turn off the TV and you are sure to get more out of life.

50. Use a Tivo or DVR

This can help you cut an hour-long television show down to just 40 minutes. You can save time while not missing the fun.

So, here’s the ultimate list of techniques you should learn to boost productivity. Pick the techniques that work for you and make them your daily habits. As time goes, you’ll find yourself being a lot more productive.

More Time Management Tips

Featured photo credit: Pexels via pexels.com

Reference

[1] Medical News Today: What is biphasic and polyphasic sleep?

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