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Last Updated on April 15, 2020

8 Characteristics of Entrepreneurship That Will Lead to Success

8 Characteristics of Entrepreneurship That Will Lead to Success

Entrepreneurship can be one of the most fulfilling paths you can take.

Have you dreamed of starting your own business and how that might change the world? Are you looking for a faster and more consistent road to success on your current entrepreneurial journey?

Perhaps you are already on your way and looking for the best ways to scale your current business, while you still maintain control over your time and continue your pursuit of joy and happiness in your life.

Whether you are already an entrepreneur or aspiring to be one, there are time-tested tools, tips, and techniques that you can employ so you can enjoy more personal and financial success along with the ultimate rewards and satisfaction that being an entrepreneur can offer you.

In this article, you will learn about the characteristics of entrepreneurship that will help you become a successful entrepreneur.

2 Basic Rules for Being an Entrepreneur

Rule #1 – Mindset Is Your Fundamental Success Tool

As an entrepreneur, developing a positive and productive mindset should be your first goal and a fundamental characteristic that you work on daily.

Mindset is the cornerstone of success. Starting with a positive mindset will always be your best defense when you run into the inevitable challenges on the road to entrepreneurial success.

According to Stanford psychology professor and author, Dr. Carol Dweck, one of the world’s leading authorities on mindset, there are two types of mindset: fixed mindset and growth mindset.

Fixed mindset is a belief that you are born with certain traits and they are immutable or unchangeable.

However, Dr. Dweck’s primary focus surrounding mindset is on developing the growth mindset: a belief that learning new skills and abilities can be strengthened through commitment, persistence, and work.[1]

With a commitment to the growth mindset, you become an unstoppable force with access to unlimited mental resources that you will need for long-term success.

Rule #2 – Mindset + Strategy = Your Success Formula

With your positive and productive mindset in place, you can more easily implement your chosen and necessary strategies to start, grow or scale your business.

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A mentor once shared with me something that has always stuck with me:

“The most positive mindset is only valuable when you take action on the right strategies…and in turn, the right strategies are only temporary if you don’t have the right mindset. Mindset + Strategy = Success.”

Depending on your business, you will have multiple strategies at your disposal. It is not the purpose of this article to give you specific strategies for your market or industry.

What you will learn here are universal strategies that apply to any entrepreneur, for any business, at any time in history.

Here are 8 characteristics of entrepreneurship essential to success:

8 Characteristics of Entrepreneurship That Lead to Success

1. Be a Little Obsessed (okay, maybe more than a little)

Entrepreneurs start a business for one of two primary reasons:

The first is that entrepreneurs are passionate. We want to change the world with our visions, and we are obsessed with being a catalyst and driver for change.

The other is that we see a solution to a problem and a way to capitalize (read: make money) on that idea.

Typically, entrepreneurs share both of these reasons, but the most successful ones are driven by the passion for change. We have a very big “WHY” for doing what we do.

Having a clear vision will help motivate you to get out of bed every morning and make your mark on the world. So, be very clear about why you are on this journey. Then go ahead and be a little obsessed and reap the rewards of your passion.

2. Show Up Every Day With Everything You Have

Jim Rohn once uttered this powerful quote:

“What is easy to do is also easy not to do.”

It takes fundamental self-discipline and drive to achieve your goals as an entrepreneur. One of the greatest gifts of entrepreneurship is the ability to control your destiny. If you make good choices about where you direct your time, you can get a lot done quickly and efficiently, giving you time for self-care, family, recreation and the other things in life that are more important than a successful business.

The hidden landmine of being in control of your destiny is that it is also very easy for us to procrastinate, especially without some accountability. Procrastination can be the bane of our existence.

One of the most important characteristics of success in entrepreneurship is discipline. It is also one of the most challenging for many of us to master.

Let’s face it, there will be days when you just don’t “feel like it”. But the show must go on. Those moments require you to pull out your strongest mindset and discipline practices like your morning routine.

3. Practice a Solid, Productive And “Non-negotiable” Set of Morning Routines

One of the most important elements of productivity is to “master your morning.” If you master your morning, you will master your day. If you master your day, you will master your life.

This varies from person-to-person, but here are some activities that you will want to include in your morning routine:

  • taking some time for silence or meditation
  • visualizing your ideal outcomes
  • exercising
  • reviewing your goals
  • reading and training
  • planning
  • generating new ideas.

Practicing an effective morning routine will make you more productive, hone your self-discipline skills, and help you to chip away at your bigger goals, one small task at a time.

Developing an uninterruptible and non-negotiable morning routine protects your most valuable and creative resource: your time.

4. Persistence Prevails When All Else Fails

One harsh reality that every entrepreneur will face is what I call “hitting the wall.”

Hitting the wall can take many forms, including creative blocks, feeling like you are running out of ideas, a business or financial obstacle, or a personal challenge that tries to steal your focus. I would love to tell you that you can avoid hitting the wall, but realistically, you can’t.

So, what do you do about it?

This is where the previous attributes and characteristics of entrepreneurship come into play. The discipline of simply showing up every day with everything you have is powerful.

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In his inspiring and down-to-earth guidebook for anyone in the creative space, which includes entrepreneurs, The War of Art, Stephen Pressfield powerfully and eloquently addresses this idea. Pressfield refers to the problem as “resistance”, and the solution is simply being persistent, or as he puts it: “doing the work.”[2]

5. Be a Perpetual Learner

Stay hungry. Stay on the top of your game.

In today’s information-based society, tactics and strategies change in a heartbeat. Therefore, it is vital to your success that you stay up-to-date and on the cutting-edge of the latest developments in your field.

Equally important is reading (or listening to) books that inspire you and help keep new ideas flowing. Listening to audiobooks through platforms like Audible is a great way to “multitask” your daily “reading” with other activities, like working out or driving.

When you study successful entrepreneurs, you will find that daily learning and reading is a non-negotiable part of their success formula.[3]

6. Sharpen Your People Skills

Sometimes running a business can feel like trying to herd cats. Customers, clients, and team members all require a slice of your time in some form. While having the right team in place can bring order to your chaos, it will also take some effort and patience on your part to learn to manage that team.

No man (or woman) is an island. It takes a team; a community; a movement to build your tribe and create the ultimate satisfaction, success, and freedom you desire as an entrepreneur. To truly create a significant impact in the world, you will need more than just you.

Because everything in successful entrepreneurship requires human interaction, it is important that you sharpen your communication and leadership skills. This allows you to accommodate the various cultures and personality types that you will encounter on your path.

There are tremendous resources available to help you hone your leadership skills. If managing your team feels like you are herding cats, then take a cue from #5. Tap into the communication and leadership training you need to master your herding skills.

7. Acknowledge the Little Wins Along the Way for Both You and Your Team

When you are striving to achieve big goals, it is easy to lose sight of the smaller successes that happen along the way.

Entrepreneurs tend to gauge their successes based on hitting those bigger goals. But it’s the little steps that you will take, each and every day, that will ultimately make all the difference.

Take a little time at the end of every day (or during your morning routine) to acknowledge your wins from the previous day. This is important to do for yourself, as well as for your team members.

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Everyone loves to be appreciated. Your team and company morale will soar when you take time to acknowledge both the big and small successes accomplished by your team members. Have fun with this! It makes a huge difference in overall performance, productivity and even the health of your team.[4]

8. Remember to Take care of Yourself in the Process

Entrepreneurs are notorious for falling into one of two categories when it comes to self-care.

The first is always taking care of everything and everyone around them while neglecting to give themselves the same level of attention and care.

The second alternative is becoming so obsessive about their work and life mission that other important parts of their lives get out of balance.

If you are an entrepreneur (or an aspiring one), chances are that you have or will run into one of these two situations at some point. Neither one is particularly healthy. And neither one will provide high levels of sustained productivity over time.

Take the time to care for yourself while you pursue your dreams and your life purpose in the form of your entrepreneurial journey. That means eating healthy, drinking plenty of water, taking breaks throughout the day, getting regular, consistent exercise and plenty of sleep, and spending time with family and friends.

Where Do We Go From Here?

Regardless of whether you are embarking on the exciting and fulfilling journey of entrepreneurship for the first time, or if you are a seasoned entrepreneur, or even if you fall somewhere in between, take a little time to assess where you are with each of these areas.

Give yourself the gift of a quiet moment to review your current situation and perform an honest evaluation. If you have trouble with clarity in any of these areas, consider asking friends, family members, and team members how you are stacking up. You may be surprised at what you discover about yourself.

What other areas are important in your life and business?

Remember that successful navigation through the world of entrepreneurship requires reevaluation. There is no such thing as your life and business being separate. The two are intimately connected.

When you find the balance that works for you, the results can be inspiring and rewarding at levels you may not have imagined yet.

More Tips for Aspiring Entrepreneurs

Featured photo credit: Garrhet Sampson via unsplash.com

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Reference

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Jeffrey Howard

Jeffrey Howard is a Serial Entrepreneur, Peak Performance Coach and Consultant, Bio/NeuroHacker, Speaker, Author, Trainer, Musician and Producer

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Published on January 7, 2021

How To Train Yourself When You Lack Attention To Details

How To Train Yourself When You Lack Attention To Details

Some people see the trees for the forest, and some see only the forest, meaning they lack strong attention to detail. But even if you’re one of the people who take a macro rather than a micro view, true professionalism requires balancing both.

If focusing on the fine points is not your forte, you will benefit from training yourself to pay attention to details. You will profit by saving yourself time, effort, money, and credibility.

Why Training Yourself in Attention to Details Pays Off

You add value to your organization when you make the effort to ensure that you performed your work thoroughly and effectively. This is why job postings often list “attention to details” among the required skills.

When you present your supervisor or client with well-completed, high-quality work the first time, it maximizes your value and minimizes wasted time. Detail-oriented people are also more adept at catching mistakes that could lead to costly blunders.

Moreover, attention to detail is an indicator of possessing other in-demand employee qualities, such as organization, thoroughness, and focus. In some professions, such as accounting, engineering, medical research, and more, you can only excel if you have trained yourself to pay attention to details.

In other professions, possessing strong attention to detail is the very quality that will get you promoted to a position where you will be asked to consider the big picture.

Finally, if you are the “go-to” details person, everyone else on the team can relax a bit. They know the project is in good hands and will likely throw you more projects as a reward. This will ultimately lead to your advancement.

3 Important Aspects of Becoming More Detail-Oriented

Here are the 3 important things you need to learn if you want to remedy your lack of attention to detail:

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  1. Respect deadlines
  2. Understand the work-flow plan
  3. Build in time to mess up

1. Respect Deadlines

Deadlines lend all projects a finish line. One smart idea is to take the given deadline and work backward from it, calculating when your piece of the project is due. Then, if you stick to the proscribed schedule for completing the mini-projects that you have, you will never miss a deadline.

One important note on this: It is smarter to stick to the deadline and turn in work that merits a “B+” than to blow the deadline with “A” work. Chances are, through revision and suggested changes from others on the team, you can bring up your B+ work to an A later. But if you disregard deadlines, you will lose the respect of your boss and fellow teammates.

2. Understand the Work-Flow Plan

Your team is developing work in conjunction with other teams who have projects and deadlines of their own. When you grasp the whole work-flow plan, you may be able to either add insight to the greater project or to your own smaller piece of it that others at the firm will consider valuable.

3. Build in Time to Mess Up

You can expect that “what can go wrong will go wrong.” Don’t overpromise on deadlines. Something likely will mess up, but when it does if you built in the time to fix it, those around you won’t freak out.

Chances are, you already give your attention to several details. Take heart. You can do this! You can overcome your lack of attention to detail and become more detail-oriented.

For starters, consider this: Most people take the time and put in extra effort into the activities or undertakings that matter to them most. Training yourself to become more detail-oriented can mean adopting a similar pattern of behavior.

Apply the same attention you give to your appearance. Are you a meticulous dresser? Do you pay attention to how you pair patterns and colors, and how you accessorize a particular outfit?

This is the same system to use when you lack attention to detail with your work. Give every item careful consideration so that each one contributes to the perfectly pieced-together whole.

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Assemble the ingredients the way you do when you cook. Cooking and baking from scratch require close attention to details as you measure and add each ingredient in sequence, and you time everything so that the meal comes together at the same time.

Similarly, your work product requires you to gauge whether all the ingredients have been added and that your final product is delivered on time.

Organize your business network like you do your social contacts. If you follow a broad base of friends and acquaintances on social media, you can apply similar skills to stay up-to-date on details associated with business acquaintances.

When you meet somebody who could be influential to your career or a resource for improving your skills, follow that person on social media. Respond to their posts to keep the lines of communication flowing.

12 Tips to Help You if You Lack Attention to Detail

Teaching yourself to take note of important details involves sharpening your perceptions and thinking ahead. The following tips will help you adopt these practices. Master these habits when training yourself to become detail-oriented.

1. Learn to Listen Well

You will pick up relevant information and needed nuance when you apply the skills of active listening. In conversations, train yourself to make eye contact, give your undivided attention to the speaker, and ask pertinent follow-up questions.

Training yourself to pay better attention to details in conversations includes learning to fully concentrate on what others have to say. If you find it hard, there’s no harm in taking notes on what they say.

2. Pay Attention to Social Cues

Make a point of noticing body language and facial expressions that provide insights into how others perceive a situation. Social cues offer details that give you an understanding of how words and actions impact others. The infamous character Michael Scott of the television show “The Office” epitomizes the consequences of not paying attention to others’ body language.[1]

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3. Follow Rules

Rules and protocols usually come about from lessons learned and are put in place to avoid further mishaps—whether from a safety or efficiency standpoint. If you’re given step-by-step procedures to follow, check them off as you go. Also, return to the rules at the project’s end just to make sure you adhered to them all.

4. Take Notes

Note-taking is a way to boost your retention and gives you something to refer back to when you need to keep track of pertinent details. You will also heighten your focus as you listen for relevant information. Review your notes shortly after the meeting or conversation and highlight the content that you intend to apply.

5. Prioritize What Needs Your Attention Now

When you have a full slate of work that demands your attention, take a few moments to sort assignments from most to least urgent. Keep a calendar, spreadsheet, or project planning software up-to-date with schedules and deadlines to help you stay organized.

As you tackle each urgent assignment, give it your full attention so no details are missed. Give yourself ample time—especially if you tend to be someone who waits until the last minute—as rushing can make you overlook important details.

6. Have a Detail-Oriented Assistant Check Your Work

If you lack attention to detail, then it makes sense to seek help from someone detail-oriented. If you have this option, take advantage of it. Two sets of eyes are better than one. Just be sure to credit your assistant for their help once the project is completed.

7. Learn the Rules of Writing Well

English is a difficult language, and grammar, punctuation, and spelling can all sabotage you unless you pay attention to detail. When in doubt, look it up. Free to use website services such as Grammarly can help.

8. Proofread Before You Hit Send

Nothing is perfect in its first draft. If you lack attention to detail, then put in the extra effort before submitting things. Before you send off any written work, check carefully not only for misspellings and incomplete sentences but also for improper tone, inappropriate colloquialisms, and inconsistent formatting. When your written communications are error-free, they will have their intended impact.

9. Minimize Distractions

It is impossible to stay focused when colleagues carry on conversations nearby or your mobile notifications ding you throughout the day. Do your best to limit distractions.

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If you are working where there is a lot of noise or side activity, try wearing noise-canceling headphones or seeking out a quiet corner. Disable your notifications when you need to focus, and resolve to only check them after you have completed your assignment.

10. Take Breaks

It may sound counter-intuitive to stop and take a walk, but it’s necessary. Walk away from the screen. Moving from one task to the next across the span of your workday is a recipe for brain fatigue. Give your brain a recess time when you come to a natural stopping place or after you complete one project and before you start the next. These short pauses are necessary for sorting through all the details needed for coming up with successful solutions.

11. Make Time for Reflection

At the end of a workday, take a few minutes to go over the day’s events in your mind. What was said or relayed in conversations? What is the status of the projects you worked on? What else occurred that you should pay attention to? Could there have been any details you might have missed that you should address tomorrow?

12. Keep a Detailed To-Do List

This simple organizational tool is your best ally for getting your work done on time and for paying attention to the details. If you are pressed for time (and who isn’t?), write your list to coordinate with dayparts.

Allot a certain number of hours to complete each task, do it, and then check it off. Nothing feels more rewarding than completing all the tasks on your list. But if you can’t finish them, then carry them over to the following day.

Final Thoughts

Details may seem small, but they can become a lot larger when they are overlooked. If you know you lack attention to detail, commit to training yourself to embrace the many facets that can help you consistently excel in the tasks you set out to accomplish.

When you begin to catch your mistakes in advance or apply the tidbits of information you gathered from paying close attention, you will know that you have trained yourself in the fundamentals of becoming detail-oriented. After that, you should start hearing the phrase “Great job!” more often.

More Tips on Boosting Your Attention to Detail

Featured photo credit: Cristina Gottardi via unsplash.com

Reference

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