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21 Habits Of Successful Entrepreneurs That Everyone Should Learn

21 Habits Of Successful Entrepreneurs That Everyone Should Learn

What do Richard Branson (Virgin), Bill Gates (Microsoft), and Sara Blakely (Spanx) have in common besides being guests on Oprah? They all share these 21 admirable traits that I encourage you to adopt if you want to blaze your own path to financial freedom and happiness. (Hint- Oprah has them too!!!)

1. Fear Doesn’t Paralyze Them

Oprah says “I believe that one of life’s greatest risks is never daring to risk.” The feelings associated with fear are produced by chemicals released when are body goes into fight or flight mode. Entrepreneurs realize that there is no imminent danger, just huge potential for success when they feel this and it actually gets them motivated to move forward rather than paralyzing them.

2. They have a passion – making money is simply a byproduct

They all make money because they have found a unique way to solve their customer’s problem. None of them founded their company with a goal of getting rich. They had an idea. They had a plan that they followed. They know what the consumer wanted and delivered.

3. Entrepreneurs see failure as part of the path to success

They know that Henry Ford went bankrupt three times and that Coca-Cola only made $200 in their first year in business. They don’t see failure, they see failed attempt. Each failed attempt puts them closer to success.

4. Successful entrepreneurs surround themselves with a great team

They know their strengths and surround themselves with a team whose complimentary strengths make for a balanced workplace.

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5. They indulge themselves

Building in rewards on your path to success is not only a great motivator, but often by creating small goals along the path to the finish line, you actually gain momentum towards the end which is the exact opposite of how a race is typically won.

6. They’re intentional

Their actions are aligned with the intention behind their goal. This allows them to avoid being sidetracked along the way. Having a clear and specific intention allows your energy to flow.

7. They start before they are ready

This is Marie Forleo’s mantra. Why? Because when we wait the perfect time, we are waiting for an impossible thing. Nothing is ever perfect

8. They are the chess players and not the pawns

They make bold moves and plan for all eventualities. They control the game only because they have released their attachment to outcome. This allows for bold moves.

9. They don’t waste time on email and social media

They use communication methods to their advantage. It doesn’t zap their valuable time.

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10. They think outside the box

In the world today, the most successful billionaires have the same 24 hours and the same access to information as the rest of the planet. They set themselves apart by thinking differently than everyone else.

11. Their cup is always half full

Seeing opportunity in everything is a mindset not a personality trait. Successful people recognize their destructive thought patterns like self-doubt and hesitation and then they change them.

12. They take notes

Recognizing that they have very full lives, they take notes about anything that is not relevant to the task at hand and they return to it later. This organized focus allows creative multitasking without letting their work become scattered.

13. They work hard and play hard

For most successful entrepreneurs there is huge overlap between work and play. They know when to go hard and when to relax and rejuvenate.

14. They give useful feedback

Not only do they have a plan, they will listen to yours and give thoughtful advice. They know what they are good at and are generous in helping others to realize their dreams.

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15. They like getting feedback

Being in a small percentile of super successful people, they recognize that their brains work differently than other people’s and they go to others for input recognizing that many perspectives are needed.Even if they find more critics than supporters than aren’t dissuaded from an idea once they get started.

16. Entrepreneurs network constantly

You never know where the next fabulous partnership will be formed so networking is part of what they do at every wedding, school ceremony and business meeting. There is never a wrong time to make the right connection.

17. They ask lots of questions

They are naturally curious about how things work and how others think. Asking questions not only endears them as interested, it also allows them to steer conversation to where it is most useful for them.

18. They surround themselves with the best

This included everything from the best staff and office equipment to the best doctors and lawyers. Their belief that everyone in their life is the best at what they do attracts people who want to be at the top.

19. They are thankful

They recognize the good things in their life and are regularly thankful for them. This is the attitude of gratitude. In Oprah Winfrey’s words “What you focus on expands, and when you focus on the goodness in your life, you create more of it.”

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20. They don’t sound rehearsed

They got where they are by being in touch with what they have that the world needs. They speak about it from the heart and never sound like used car salesmen who have a rehearsed elevator pitch and closing argument.

21. Their self-worth doesn’t fluctuate with their bank balance

Think of Donald Trump- his bank balance has been up and down like an elevator but his confidence and self-worth stay constant.

Start channeling these habits until they are second nature. Acting successful ultimately leads to being successful.

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Last Updated on January 21, 2020

What Is Creativity? We All Have It, and Need It

What Is Creativity? We All Have It, and Need It

Do you think of yourself as a creative person? Do you play the drums or do watercolor paintings? Perhaps compose songs or direct plays? Can you even relate to any of these so called ‘creative’ experiences? Growing up, did you ever have that ‘artistic’ sibling or friend who excelled in drawing, playing instruments or literature? And you maybe wondered why you can’t even compose a birthday card greeting–or that drawing stick figures is the furthest you’ll ever get to drawing a family portrait. Many people have this common assumption that creativity is an inborn talent; only a special group of people are inherently creative, and everyone else just unfortunately does not have that special ability. You either have that creative flair or instinct, or you don’t. But, this is far from the truth! So what is creativity?

Can I Be Creative?

The fact is, that everyone has an innate creative ability. Despite what most people may think, creativity is a skill that everyone can learn and hone on. It’s a skill with huge leverage that allows you to generate enormous amounts of value from relatively little input. How is that so? You’ll have to start by expanding your definition of creativity. Ironically, you have to be creative and ‘think out of the box’ with the definition! Creativity at its heart, is being able to see things in a way that others cannot. It’s a skill that helps you find new perspectives to create new possibilities and solutions to different problems. So, if you encounter different challenges and problems that need solving on a regular basis, then creativity is an invaluable skill to have.Let’s say, for example, that you work in sales. Having creativity will help you to look for new ways to approach and reach out to potential customers. Or perhaps you’re a teacher. In this role you have to constantly look for new ways to deliver your message and educate your students.

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How Creativity Works

Let me break another misconception about creativity, which is that it’s only used to create completely “new” or “original” things. Again, this is far from the truth. Because nothing is ever completely new or original. Everything, including works of art, doesn’t come from nothing. Everything derives from some sort of inspiration. That means that creativity works by connecting things together in order to derive new meaning or value.From this perspective, you can see a lot of creativity in action. In technology, Apple combines traditional computers with design and aesthetics to create new ways to use digital products. In music, a musician may be inspired by various styles of music, instruments and rhythms to create an entirely new type of song. All of these examples are about connecting different ideas, finding common ground amongst the differences, and creating a completely new idea out of them.

What Really Is Creativity?

Creativity Needs an Intention

Another misconception about the creative process is that you can just be in a general “creative” state. Real creativity isn’t about coming up with “eureka!” moments for random ideas. Instead, to be truly creative, you need to have a direction. You have to ask yourself this question: “What problem am I trying to solve?” Only by knowing the answer to this question can you start flexing your creativity muscles. Often times, the idea of creativity is associated with the ‘Right’ brain, with intuition and imagination. Hence a lot of focus is placed on the ‘Right’ brain when it comes to creativity. But, to get the most out of creativity, you need to utilize both sides of your brain–Right and Left–which means using the analytical and logical part of your brain, too. This may sound surprising to you, but creativity has a lot to do with problem solving. And, problem solving inherently involves logic and analysis. So instead of throwing out the ‘Left’ brain, full creativity needs them to work in unison. For example, when you’re looking for new ideas, your ‘Left’ brain will guide you to a place of focus, which is based on your objective behind the ideas you’re searching for. The ‘Right’ brain then guides you to gather and explore based on your current focus. And when you decide to try out these new ideas, your ‘Right’ brain will give you novel solutions outside of the ones you already know. Your ‘Left’ brain then helps you evaluate and tune the solutions to work better in practice. So, logic and creativity actually work hand in hand, and not one at the expense of the other.

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Creativity Is a Skill

At the end of the day, creativity is a skill. It’s not some innate or natural born talent that some have over others. What this means is that creativity and innovation can be practiced and improved upon systematically.A skill can be learned and practiced by applying your strongest learning styles. Want to know what your learning style is? Try this test. A skill can be measured and improved through a Feedback Loop, and can be continuously upgraded over time by regular practice. Through regular practice, your creativity goes through different stages of proficiency. This means that you can become more and more creative! If you never thought that creativity was relevant to you, or that you don’t have a knack for being creative… think again! You can use creativity in any aspect of your life. In fact you should use it, as it will allow you to to break through your usual loop, get you out of your comfort zone, and inspire you to grow and try new things. Creativity will definitely give you an edge when you’re trying to solve a problem or come up with new solutions.

Start Connecting the Dots

Excited to start honing your creativity? Here at Lifehack, we’ve got a wealth of knowledge to help you get started. We understand that creativity is a matter of connecting things together in order to derive new meaning or value. So, if you want to learn how to start connecting the dots, check out these tips:

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Featured photo credit: rawpixel via unsplash.com

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