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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 May 23, 2019

Ditch Work Life Balance and Embrace Work Life Harmony

Ditch Work Life Balance and Embrace Work Life Harmony

How do you usually go about your day?

Do you wake up in the morning, get ready for work, and then spend the whole day looking forward to being at home and unwinding?

We often hear about work life balance – having a good balance between work and personal time. Whilst this may sound like a smart idea, it can also imply that we should dedicate at least half of our time to work–and sacrifice time for our “personal life”.

To me, that seems…off balance. Because, the truth is, it’s nearly impossible to split your time equally between the two. And, you may end up stressing out if you’re not able to meet that expectation of balance.

Instead, why not think of having work life harmony instead?

With this mindset, you can actually integrate work into your life in a way that feels more complete. This way, you don’t need to view work and having personal time as separate.

So, how do you achieve work life harmony?

Work Life Harmony Explained

The difference between work life balance and work life harmony is pretty simple. With the former, there is an implication that you have to sacrifice your “life” for work. But, this is the worst way to go about things! How can you truly be at peace in life if you dread 8 hours of your day?

Work life harmony on the other hand, allows your work to be a part of your life. This means that you can choose to be happy both at home, and at work! Work no longer needs to be seen as the ‘bad’ or un-fun activity.

Having work life harmony also ensures you’re truly present in whatever place you find yourself.

Just take a look at Jeff Bezos, CEO of Amazon for example.

He uses a non traditional approach to work by making time for breakfast every morning with his family, doesn’t set his alarm before going to bed, schedules surprisingly few meetings, and still puts aside a few minutes every day to wash his own dishes.

He believes that all his staff should stop trying to achieve a ‘balance’ in their work and personal lives as that implies a trade off. Instead, he envisions a more holistic relationship between the two.

As the world’s richest man, he must be doing something right!

Rethink Time Management

Now, when we think of striking a balance, we usually associate it with time, don’t we? How much time are we spending at work versus how much time are we spending in our personal lives?Are we taking enough time to be with our loved ones, to do meaningful activities with others or even for ourselves, or are we just dedicating all our time to work?

This is the so-called-balance that many struggle with.

With work life harmony, we learn to rethink time management. By re-assessing how you manage your time, you’ll have a lot more of it. It’s incredible how much time can get wasted over the period of a day–especially when you’re not accurately tracking it.

Unfortunately, unless you’re consciously making an effort, your brain is not always the best at making accurate judgement calls when it comes to prioritizing. It tends to have a bias towards short term benefits and short term costs.

As there are often many more options our brains link to short term benefit; when you’re trying to focus on a task that gives you a long term benefit, that task usually becomes low priority. This is otherwise known as Priority Chaos.

In order to overcome this and be in better control of your time, identify the tasks that need the most focus to get accomplished. If it’s a big task, then it’s good to break it down into smaller bite-sized actions that will provide you with a clearer short term benefit.

When setting up tasks, give yourself a time limit. The brain has a bias towards short term benefits, and your attention span is limited, so if your tasks are going to take ages to complete, you’ll end up losing focus… and wasting time.

Once you have all your tasks written down, it’s time to prioritize them. Since you have a time limit, your focus should be on the top priority tasks. By doing this, you will already be able to get more done in less time at work!

Have Passion for What You Do

Managing your time is important in achieving that work life harmony. But, perhaps of greater importance, is loving what you do in life. One of the most effective ways to achieve a work life harmony is to really enjoy, or find a purpose, in what you do for a living. Even though everyone isn’t always lucky enough to find a position that pays them for pursuing their passion, you can strive to find meaning in what you are already doing, or pursue something new entirely!

For example, say you work at an office that sells paper. While many people wouldn’t consider this a world changing pursuit, I beg to differ. Think of all the individuals in the world that rely on paper. From creative types to quantum physics experts, your role at your workplace brings incredible value to many many people all over the world. You will have, without a doubt, helped bring a new idea into existence. Several new ideas to be precise.

So have a think about what you’re doing now. Is it something that allows you to embrace your passion?

Or perhaps you might not even know what it is that you love or enjoy doing. Why not explore and reflect on what gives you joy and contentment? Is there an area or industry that you could see yourself exploring to experience that fulfillment?

Can you find a deeper purpose in what you’re already doing?

When you’re able to find meaning in your work, you’re that much closer to achieving work life harmony.

Don’t Be Intimidated By Obstacles and Limitations

Creating work life harmony is also about understanding yourself–which includes your limitations and past obstacles–as this allows you to become more resilient.

If you never had to experience struggles, challenges or setbacks, then you would never be forced to adapt and mature. So in theory, having to face obstacles in life is actually quite necessary.

Most of us think of setbacks and obstacles as negative. Though, if you’re able to maintain an optimistic attitude, you’ll almost always have a higher chance of success of overcoming those obstacles to reach your eventual goal.

Your attitude towards setbacks will define the outcome of whether you rise from the challenge or remain stuck in it. So, in order to achieve work life harmony, it’s important to have a resilient attitude as challenges will always come your way–especially when you strive to integrate work into your life, and not a separate or dominant part of life.

Delegate When You Need To

Of course, when you want to increase productivity and minimize the time or effort spent, a great way to do so is to delegate!

If you spend a lot of time doing tasks on your own that could be delegated to others (whether at work or at home) you’re losing a lot of precious free time that could otherwise be spent elsewhere.

At the end of the day, we all have a limited amount of time. So we should all be striving to create a harmonious work and living situation where we can find meaning in all that we do.

While an overall goal may be meaningful, not all of the milestones or tasks needed to get there may be meaningful. That’s because we have our strengths and weaknesses, likes and dislikes. Not every task is going to be enjoyable or easy to complete. That’s where delegation comes in.

Delegation simply allows you to leverage time from an external source, thus giving you opportunities to increase your own quality of time. Keep in mind that delegation should be done with deliberate attention, otherwise you may end up over relying on others.

If you find that you’re running into the problem of over delegating, then it may be time to re-evaluate your motivation for doing whatever it is that you’re doing.

Embrace the Circle and Become Happier and More Productive

Living in harmony is about feeling good about the ways in which you spend your time, despite how busy you may be.Your switch from work mode to a more personal mode should be effortless. It’s about integrating your personal life and the things you love into your busy work life!

It all begins with the shift in perspective. Understanding what your passions are, and learning to be resilient, before taking a different approach to the way you manage your time and everyday tasks.

These are steps that you can start taking to move away from balance to harmony. 

Featured photo credit: Photo by Marten Bjork on Unsplash via unsplash.com

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