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15 Signs You Have What It Takes To Be A Real Successful Entrepreneur

15 Signs You Have What It Takes To Be A Real Successful Entrepreneur

Unemployment rates are diminishing and more jobs are available than there were in the past couple years, but it’s still one of the best times to become your own boss. If you’re thinking about opening your own business, go through this list and see if you have what it takes to become a successful entrepreneur.

1. You have a never-ending passion.

If you’re thinking about opening your own business, you obviously already have great passion. Whether you want to become a business consultant or open a bakery, you love what you do enough to want to do it for a living. Your passion means that you can not only work full time, but you can live and breathe whatever you choose to do without burning out.

2. You serve as a fountain of ideas.

Do you have one good idea for a business that keeps coming to mind? That’s not a bad start, but to be successful, it’s best if you have a nonstop flow of ideas. You need to be able to think up the basis for your business, a way to refresh your image after awhile, how to get your name out there and how to make sure what you’re doing is necessary for the community. The ideas should just keep coming to you, whether it happens naturally, while you’re sleeping or during a scheduled brainstorming session.

3. You’re not afraid to work really hard.

If you think owning your own business is fun, you’re wrong. It helps that you have the love and passion to make it fun, but it’s going to take a long time to get there. First you’re going to have to work really hard. You’re starting with nothing, building a business and a name for yourself. You not only have to think about your business name, identity, logo, storefront, products and website, but you also have to think about what you’ll charge to make a profit and the taxes you’ll have to pay. If you have what it takes to be a successful entrepreneur, none of that scares you because you’re willing to work really hard for what you want to achieve.

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4. You don’t like to give up.

You’ve made it this far, so you seem like you’re eager to stick with things. If you’re going to be a great business owner, you don’t like to give up, and it’s really hard to make you give up. You don’t get discouraged if there’s a lot to be done, or someone says something negative, or something doesn’t go the right way. In fact, obstacles like those make you work even harder!

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    5. You’re willing and able to learn from everyone.

    Entrepreneurs don’t ignore people who might not be in their field or have their best interests in mind. You have to be willing to listen to anyone, because you never know who might have good advice or inspire a great idea. You can’t write someone off because they don’t own a business or don’t seem successful, because you can learn lessons in the most random places.

    6. You’re a calculated risk-taker.

    Opening your own business is a huge risk in itself, but it’s just the first. You need to be ready to keep taking more risks in order to keep your business afloat. This means you have to be open to uncertainty, but also that you know what risks are worth it. You can’t put all your money into one venture and hope it succeeds and can fuel the rest of your business, because if it fails, you’re out. You can, however, put a great deal of money into something innovative to see if it works, because then you might be on the cutting edge of something new. If it fails, you’ll have lost some money and learned from the risk so you can appropriately further your business in the future.

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    7. You can see the big picture.

    When you’re excited to open your own business, it’s easy to stop looking at the big picture because you’re ready to get started, and you naively think you’re going to succeed immediately. Successful entrepreneurs don’t get caught up in the excitement, and instead can see the big picture. They know there will be hard times but don’t get discouraged because they know ups and downs are part of the big picture.

    8. You keep up with the times.

    Business owners have to be on the cutting edge of technology, the community they’re in, marketing and more. For example, anyone selling their wares remotely, like from a food truck or at a crafts fair, will have the ability to run a credit card through their smartphone. If you’re not up on this type of technology, you could lose a lot of business by only accepting cash if you’re working remotely. Successful entrepreneurs know what’s going on that will help them push their business even the tiniest bit farther.

    9. You’re not afraid to ask for help.

    Just like listening to advice from a variety of people, successful business owners aren’t afraid to ask for help. Just because you’re branching out on your own and being in charge doesn’t mean you have to do it all alone. Ask for help from your family or your employees if you need it, whether it’s physical help or just emotional support. Ask fellow business owners for advice if you need a push to stay positive. The more connected you are with those around you, the more help you’ll find.

    10. You’re able to complete things.

    Business owners have to step up and complete everything that’s on their plates. You can’t only do the easy tasks, or the ones that can be done quickly. If certain projects seem too daunting, divide them into smaller tasks that seem more manageable. Tackle your To Do list and make sure you complete all that needs to be done, or else your business will suffer.

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    11. You don’t procrastinate.

    When you’re your own boss, you can’t put things off. There’s no one higher up than you to take care of the important things, and no one below you to shove the boring tasks off on. You have to do it all yourself, and you have to be able to do it in a timely manner. The longer you put things off, the harder it is to do them; when you own your own business, this might make the difference between landing a major client and losing a job bid completely.

    12. You’re excited about what you do.

    Excitement is crucial when you’re your own boss, because you don’t have anyone else to motivate you. You need to keep yourself positive by constantly having a drive and desire to get up and work every day. As soon as your excitement starts to falter, your business will suffer because you’re not putting in enough love and effort to keep it afloat.

    13. You use your imagination.

    Business owners are innovative; they stay on top of their game and use their imaginations to brainstorm anything from business names and logos to marketing ideas and ways to reach out into the community and stay fresh. You can’t depend on hiring outside help to implement all of this – it’s your business, so you need to be the brains behind it! Your imagination runs nonstop and you never toss out an idea because it seems ridiculous; good entrepreneurs will give anything a try, because you never know what will work!

    14. You’re a social person.

    Being your own boss or working by yourself can seem like a lonely endeavor, but in reality you need to be a social person. Business owners have to network way more than people who are employees within a larger company. Entrepreneurs have to reach out into the community and see what is needed and what they can do to make their business important. They can’t just stay faceless behind a computer, they need to socialize with their customers and clients and have good people skills.

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    15. You like to give back.

    Entrepreneurs can’t be selfish and successful — you have to give back! So many small businesses donate a portion of their profits to charity these days that it really sticks out when they don’t. Giving back doesn’t have to be limited to financial giving, though. Entrepreneurs who volunteer or give motivational speeches at schools are also giving people, and don’t mind donating their time and knowledge to such appointments.

    Do you fit these characteristics? If so, get out there and make it work!

    Featured photo credit: the UMF via flickr.com

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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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