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The Success Secrets of Entrepreneurs You Need To Know

The Success Secrets of Entrepreneurs You Need To Know

The success secrets of entrepreneurs actually aren’t as secret as you think.  In order to be successful as an entrepreneur, you first need to understand what type of entrepreneur you are.  There are two primary types of entrepreneurs – those that have created their own businesses in reaction to their life and those that create business from inspired vision and action.  Reactionary entrepreneurs got fed-up with working for someone else. They are dollars driven and fear-based.  They want to have their own business because they’re tired of reporting to someone else and fantasize about making more money than they could in their day job.

Then there are inspired entrepreneurs.  They have an inspired vision, are fearless in negotiating unchartered territory, and love the entrepreneurial lifestyle. Risk-taking comes naturally to them, they know how to be in the unknown, and the more they integrate themselves with their businesses the more success they experience.

These 15 success secrets can transform a reactionary entrepreneur into an inspired entrepreneur

1.  Be conscious.

Here’s the deal: understanding your business means understanding yourself.  If you don’t intimately know what motivates you, depresses you, inspires you, or diminishes you, you cannot be successful as an entrepreneur.  Consciousness is gold to an entrepreneur because it allows us to move from being reactive to being proactive.  If you understand why you respond the way you to to the things that happen in your business, you can consciously make a choice to respond differently.

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2.  Embrace the unknown.

A lot of entrepreneurs say they like the excitement of living in the unknown and charting uncharted territory, but the reality for many is that when the mortgage is due, when your car needs emergency service, or when your child gets sick and you can’t afford to pay for health insurance then living in unknown stops being fun.  How do you respond when you have a bill you don’t know how to pay?  Is it, “Oh my God, how will I ever pay this?” or “Now I know how much money I need to earn this week.”  Your mindset around the unknown will affect your success as an entrepreneur.

3.  Take inspired action.

Most of my inspired action gets generated not when I’m in front of my laptop or networking.  It shows up when I’m walking my dogs, washing dishes or folding laundry.  It is the small, quiet whisper that floats through my mind. It is, unconditionally, an easier, better, quicker way to get the results I want.  It is also, unconditionally, an out-of-the-box approach I wouldn’t have considered while strategizing in front of my laptop. Out-of-the-box thinking generates success for an entrepreneur.

4.  Define the vision and stick to it.

This is not the time to daydream about Plan B if Plan A doesn’t work out.  Ensuring Plan A’s success requires perseverance and focus.  Million dollar businesses don’t happen overnight.  You have to be willing to live in the muck of creating your business in order to generate long-term, sustainable results. If you are sure that Plan A is a viable business plan, and if you’ve got support for making it happen, stick with it long enough to see what kind of results it can generate.

5.  Define success.

Define what success means to you, and not just financially.  Take a holistic approach to understanding your definition of success.  Does it mean that you will have a balanced lifestyle, working 20 hours a week or less so you have time to care for yourself and your family? Does it mean creating an automated system for your business so you can run it from anywhere in the world and travel as much as you like?  Define what you want your life to be like and that will help you create goals for achieving success.

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6.  Understand your mindset.

“Success isn’t something that you do on the outside, success is something that you are on the inside. The rest will follow.”Chuck Danes

Know your limiting beliefs. Do you believe it isn’t possible to have your cake and eat it too? Do you believe you don’t deserve to have a lot of money? Do you believe that you aren’t qualified enough to run your own business or offer the product/service you’re marketing?  Everyone has limiting beliefs.  Get to know yours.  Get into right-relationship with them so they no longer dictate your decision-making.

7.  Embrace change.

Wake up in the morning delighted to learn how your life will change that day.  Change is fun for inspired entrepreneurs.  What wasn’t working today paves the path for something else that could work better tomorrow.  When change needs to happen welcome it with open arms.  Build a vision for your business and then be willing to be flexible for how that vision unfolds.  You may be surprised by the results generated when change happens.

8.  Work smarter instead of harder.

Take the offensive instead of the defensive stance.  Ask yourself, what do you need to change in order to get your business moving in a different direction in an area that isn’t working?  It’s the difference between patching a leaking dam because you’re afraid of getting flooded and recognizing that the dam isn’t where you want to be in the first place.  Reactionary thinking leads to a lot of needless action in order to address limiting beliefs.  Offensive thinking leads to inspired action and elimination of limiting beliefs.

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9.  Know your feelings.

Staying in your head all of the time actually doesn’t benefit you as an entrepreneur.  Getting in touch with your intuition (that guttural, knowing place in you) and activating your intuition will radically increase your level of success as an entrepreneur.  Staying in your head and trying to think through everything logically will slow you down, confuse you, and keep you from being able to see the bigger picture.  Going with your gut will save you time, will build your self-confidence, and will keep your business moving forward.

10.  Yep, feelings, again.

Cultivate more feelings and less strategy.  Be in the feeling of being successful.  There is not a cause and effect for success. We’re trained to think: If I get this thing, then I’ll be fulfilled. You have to be fulfilled, and then you’ll get this thing.  Like attracts likes.  If you feel confident, you will experience more confidence.

11.  Expect the unexpected.

I am continually surprised by the directions my business takes and how I have transformed in my journey of being an entrepreneur.  I have stopped assuming that I will know what my business will look like this time next year, and I have stopped assuming what I will be like at that time.

12.  Learn to love the journey.

To be an inspired entrepreneur you must unequivocally love the entrepreneurial journey.  In this lifestyle there will never be traditional safety and security.  You will never be able to definitively predict your income.  You will always be learning new things about yourself and your business.  You will always experience unexpected challenges.  Loving the journey and living in the unknown will be your only safety and security.  Inspired entrepreneurs know and accept that reality.

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13.  Treat your business like a newborn.

A new business, or business idea is like a newborn.  Newborns need to be held close, to have absolute attention given to them, and to be supported in every possible way.  Do the same in your business.  Do not expose your business to negativity.  Hold it close.  Allow your business ideas time to gestate before exposing them to the dark, dangerous world.

14.  Create your own acknowledgement and celebration.

It is a habit of many entrepreneurs to always be focused on the next goal, instead of acknowledging and celebrating the goal that has just been met.  You are your own best (and sometimes only) cheerleader.  Taking the time to acknowledge and celebrate each and every goal will help to motivate you to continue to move forward, and, more importantly, to recognize how far you have already come.

15.  Start.

Stop daydreaming about your business idea. Start taking bold action to make your business a reality.  Your business begins with you.

After reading all this you may be saying to yourself, yes, but how do you actually be a successful entrepreneur? All this stuff about feelings and mindset are interesting, but what do I really need to DO in order to be successful?  Here’s the thing: 90 percent of the coaching work I do with entrepreneurial clients is around feelings and mindset.  Why? Because that’s 90 percent of what makes an entrepreneur successful.  The remaining 10 percent is implementation.  If you’re serious about being a successful entrepreneur then hire a coach, mentor, or join a mastermind group, and start taking a serious look at your mindset and your feelings.

Featured photo credit: John via flickr.com

More by this author

Emma Churchman

Emma is a Creative Business Consultant, and Leadership Coach & Trainer

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Last Updated on April 6, 2020

15 Best Productivity Hacks for Procrastinators

15 Best Productivity Hacks for Procrastinators

Let me guess.

You should be doing something else rather than reading this article. But due to some unknown force of nature, you decided to procrastinate by reading an article about how to hack procrastination. You deserve a pat on the back.

Fortunately, procrastination is not a disease. It’s just a mindset that can be changed, however, here are some productivity tips you need to start getting work done:

First, you need to acknowledge that procrastinating is an unhealthy habit. Not only you’re prioritizing unimportant things, basically, nothing gets done. Still unsure if you’re a procrastinator? Check out this article: Types of Procrastination (And How To Fix Procrastination And Start Doing)

Second, your commitment to change is very important. You should be physically, emotionally, and mentally determined to change this habit. If not, then you’ll just succumb to the tempting lure of doing other things rather than your tasks or chores.

Here are sthe best productivity hacks to improve productivity and keep yourself from procrastinating at work:

1. Give (10+2)*5 a Try

Let’s start with a classic but very effective hack called (10+2)*5 created by Merlin Mann,[1] author of 43Folders.com. Don’t worry. This is not a complicated Mathematical formula you need to solve.

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The (10+2)*5 simply means 10 minutes work + 2 minutes break multiplied by 5, completing 1 hour. It is crucial to stick with the time limits and not skipping work and break schedules. The point of this is for you to create a jam-packed routine of work and break schedules. The result? You will eventually skip your break schedules.

2. Use Red and Blue More Often

Clean your desk and remove things that might distract you. According to a Science Daily study[2] about which colors improve brain performance, red was found out to increase attention to details while blue sparks creativity. Surrounding your workplace with these colors not only benefits your brain, it’s also pleasing to the eye.

3. Create a Break Agenda

List all the things you want to do on your break, be it surfing the web, checking your emails, snack time, taking selfies, Facebook/Twitter—everything.

Like the (10+2)*5 hack, squeeze these in between work time but the difference is you schedule these activities for ONLY 20 minutes. Eventually, you’ll take your break minutes wisely. You’re finishing tasks while sidetracking to doing the things you enjoy.

4. Set a Timetable for Your Tasks

Like any other habits, procrastinating is a tough wall to break. Replace this habit with another habit. When you’re assigned a task, set a timetable for each step. Let’s say you have a big research task. Here’s a sample timetable:

9:00 – 9:10 am – Set up all your tools, browser tabs, emails, coffee, etc..
9:10 – 10:00 am – Internet research
10:00 – 10:45 am – Look through existing files
10:45 – 11:00 am – Break time!
11:00 – 12:00 pm – Outline the research report

Deadlines are the best hack for getting things done. Setting a specific time to finish a task creates time pressure even if the deadline has passed.

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5. Take It Outside!

Do yourself a favor and don’t ruin the comfy vibe of your home. If you need to work on a stressful project, do it in a library or coffee shop. You’ll never finish it anyway. Your cozy sofa and toasty bed will just lure you into napping yourself to doom.

6. Become Productively Lazy

Instead of finding all sorts of ways to unproductively procrastinate, use your habit to look for shortcuts and new ways to finish your tasks. Staple multiple papers at a time or master the 3-second t-shirt folding technique. A strong drive combined with laziness sometimes bring out the productive and creative side you never knew you have!

7. Assign a ‘Task Deputy’

It could be your colleague, your supervisor, or your significant other, anyone who has the unforgiving guts to reprimand you when you procrastinate. You could go the extra mile by paying up unfinished tasks or times you open your Facebook or watch a funny cat video on YouTube. Let’s see how five bucks every time you procrastinate will change you.

8. Consider a Gadget-Free Desk

According to a study by Kleiner Perkins Caufield and Byers, average users check on their phones 150 times per day and having your phone just an elbow away just creates sizzle to this habit.[3]

Removing mobile devices and gadgets allows you to focus on your work without the constant interruption from notifications, calls, and text messages. It eliminates the very distracting ambiance and the urge to unlock your phone just because.

9. Prepping the Night

Before hitting the sack to oblivion, prepare everything you’ll need the next day. This will probably take you 15 minutes tops, saving you more time for coffee in the morning.

Spin class at am? Pack up your gym clothes, shoes, socks, etc. or better, create a checklist so you don’t miss anything. You can also prep your food into containers and just grab one before leaving.

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10. Do a 7-Minute Workout in the Morning

Exercising is proven to increase productivity and stimulate release of endorphin or “Happy Hormones”.

Take a jog outdoors and get warmed up for the day. Don’t feel like running outside? Hop on a treadmilli. It’s a great investment and there are a lot of ways you can use a treadmill like endurance running and metabolism training. On a budget? Here’s a 7 minute, no-equipment needed workout you can do at home:

11. Set-up Mini Tasks

If you’re given a big project, break it down into mini tasks. Create a checklist and start with the easy ones until you finish. Got an article to write? Just start with the title and the first sentence. Or perhaps you have a visual presentation to make?

Spend 15 minutes on your outline, take five minutes coffee break, then finish the first two slides. Accomplishing something, no matter how tiny, still gives you that sense of fulfillment.

12. Create an Inspirational Board or Reminder

I found these mini desk chalkboards from Etsy you can use to write motivating quotes.

Or you know what? Simply write “Do it now!” and stare at it for 10 seconds every time you feel like dropping by on Reddit.

13. Redecorate Your Room

Redecorating my room motivates me to maintain that ‘new’ look for some time until I get use to it and eventually stop. So I redecorate again and again, it became a monthly habit really. Here are some DIY ideas you can do to any room without spending much.

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14. Ready Your Nibbles

You know that trip to the pantry? It’s just seconds away but it took you several minutes just to get your fruit snacks in the fridge. Before starting a task, prepare your nibbles on your desk to avoid zoning out and losing yourself on the way to the pantry.

Bonus productivity hacks you can do at home:

15. Schedule Your Chores

Write down your chores in a weekly basis with matching day and time when you should be doing these.

For the artsy folks, you can create fun chore charts like these or simply stick the list somewhere visibly annoying e.g. mirrors, doors, TV. The trick is listing as many chores as you can for the week and including unfinished chores the following week. Who likes seeing a long list of chores first thing in the morning?

More Tips to Overcome Procrastination

Featured photo credit: Glenn Carstens-Peters via unsplash.com

Reference

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