6 Business Skills to Master As an Entrepreneur

Skills to Master As an Entrepreneur1) Don’t take “no” for an answer.

When you start planning something really big, you can expect to encounter big resistance – people telling you it will never work and rejecting your ideas. Stick with it! Don’t take “no” for an answer. When people tell you no, or tell you that your idea can’t be done, take note that the path you started down hit a roadblock but keep your focus and find a new way forward. Maybe your product does need work. Maybe you’re talking to the wrong market. Maybe the packaging isn’t right. None of these mean that it won’t succeed; it simply means that you have to go back to the drawing board on some aspect of your idea to find that “yes.”

2) Forget about perfection.

A lot of business owners get stuck on perfectionism. That is just not how business works. You simply need to move forward, throwing things at the wall to see what sticks and tweaking along the way. Be okay with making mistakes. Otherwise, you will be stuck in the development phase forever and you’ll never get your product or service out there. Most successful entrepreneurs have numerous failures before they finally find their ultimate success. The same goes for authors who send out their manuscript to rejection after rejection before finally getting published. Keep moving, and don’t give up!

3) Find Your Focus.

Entrepreneurs tend to have what I call EADD: Entrepreneurial Attention Deficit Disorder. They are all over the place, they have shiny object syndrome… and that’s because they’re creative! Entrepreneurs are visionaries. One thing they are often missing, however, is follow-through. If you’ve got a bakery, you’re a business coach and you also make jewelry, where is your passion? Where are you really able to dive deeply in order to see something through to its best outcome? You can certainly build more than one thriving business over your lifetime, but if you’re trying to do them all at once, you aren’t giving your all to any.

4) Jump In with both feet.

As entrepreneurs, you have to be willing to go into uncharted territory, to do what others haven’t and what they may even be discouraging us from doing. Generally, as humans, we fear change. Our brain is wired to protect us and we get that fight-or-flight response when we encounter something that’s out of our comfort zone – even if it’s good for us! We have to be willing to do things that feel risky in order to get the big rewards for ourselves and our businesses. Usually the bigger the risk, the bigger the reward will be. Don’t just test the water, Jump in with both feet! If you only “sort of” jump off of the diving board, you’ll do a belly flop. The support you need will come, but you have to commit to that initial leap of faith.

5) Learn to say “no” for yourself.

We’ve covered how important it is for entrepreneurs to know how to say yes, take leaps of faith and be brave in their decision making, but we also need to learn how to say no. When distractions come your way, such as exciting side projects that pull for your attention, it is important to be able to stay focused on your main goals. Say “no” so that you have more time for “yes” in the area that you most needs that energy and creativity to make your goal a success.

6) Focus on sales.

It can be all too easy to get stuck in a romantic view of your business when you are doing what you love, forgetting about the simple fact that it also needs to be profitable. You have to have enough money to pay for a support team so you’re not doing everything from cleaning the office to balancing the books while also trying to generate new leads. You need money to have the freedom to thrive while you are focusing on getting your gifts, ideas and products out there. Point blank, you’ve got to be focused on revenue every single day.

What Is Required To Be A Startup Woman Business Leader

Startup Woman Business LeaderHave you ever attended any startup event and noticed that there are far more men than women? Actually, the percentage of female entrepreneurs differs from nation to nation in between one-third and a half of all entrepreneurs. The report says, women may find the startup entrepreneurship quite difficult due to lack of self-confidence and innovative ideas.

Yes, it is true that entrepreneurship is tougher than employment relationship because you should possess competence in all facets of the business and consider various important factors. Nevertheless, the passion for personal achievement has to vanquish all the difficulties.

So, do you have aspirations rising through the ranks in business industry? Then unleash the confidence and determination inside you and step up into the leadership role. So how actually the ladder of success can be climbed up? That’s what we will tell you today.

To define yourself as a great startup leader and navigate your path, you need to follow some advice. Here’s what you should know –

Be Flexible

If you really want to be a startup leader, be flexible as much as you can. You should be capable of changing or throwing out plans as the business rolls forward. And you need to do it stress-freely. See yourself as a leader of your company. If you fall for emotions, you will end up crushing your company’s morale.

Be Focused

Focus is what actually matters when it comes to putting energy and time into activities that are highly effectual for your business and its success. Try not to get off the track with your investments, energy and time.

Be Decisive

You don’t need to take dozens of decisions every day. All you need to do is make sound decisions so that the company can roll forward. Yes, as you are a human being, some of your decisions can be wrong. But don’t be disappointed or immobilized by indecisiveness, just try to learn from those mistakes and be better.

Bring Stability

Starting a new company and facing all the tide and sail associated with it smoothly are not that much easy. Especially in this male-dominated society, a woman entrepreneur needs to put more willingness and hard work to play her part just like the rest. If you want to harness the leader in you, then stay ready to put in the sweat, even when others are unable to grasp the vision. A successful entrepreneur works through the diverse parts of a knot, rather than attempting to rush through and cut it aside.

Be Visionary

Being visionary is really important when you put your first foot forward in business as a startup leader. Inspire the people around you to have faith in your vision and quest. Assist others to live your passion and make your business grow.

Take Onus

Start taking ownership if you have decided to step into the leadership role. Do not allow any kind of circumstance regulate your pursuit for making an impact on the industry. Stop limiting your view on what you can achieve in the long run. You are the arbiter of your own success. So if you find anything sets you back, preserve and take the onus of that situation.

Spread Positivity

“If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams.

If you really want to follow this above saying in order to become a great startup leader, have a bulletproof mindset of positivity. You can be great not because of your power, but because of your capability to empower others. And if you stay positive through thick and thin, you can influence others to feel the same way.

Get the Skill of Salesmanship

Salesmanship is associated with the capability of networking and selling. Being a good startup leader, you need to sell the employees to work for you, sell investors to invest in you, sell partners to associate with you, sell customers to buy your products.

Have the Sense of Self-Awareness

The most important step for great leadership starts with becoming aware and connecting with self. Have a profound understanding about your strength and weakness, be honest about the spheres of growth. When you know the spheres you require the most assistance with, you will be able to recognize the apt people to join your team, additionally the best prospective strategic partners for your business.

Be a Good Listener

You must have observed that to get noticed easily, one needs to speak fast and loud. But seeking feedback and personalizing what you hear will always help you in becoming a better leader. Your associates will value the fact that you care about their point of views and eventually you will get reliable partners for the path ahead.

“It is not a weakness to be a woman – it is a gift”

So, why don’t you just unpack your fear and conquer it! If you aspire to be a leader, then this is the time to own your success. Set yourself to make a difference. Remember that it is not about the role – but about the goal.

If you find any difficulty, you can also join some leadership development programs, conducted professional experts. These can help you in developing the skills to amplify your growth as an entrepreneur and becoming a leader to inspire other budding women entrepreneurs.

7 Things You Can Do EVERYDAY To Become A BETTER Entrepreneur!

BETTER EntrepreneurBecoming a successful entrepreneur is not something that happens over night. It’s a daily battle to be your best version of yourself all the time. It takes constant work and self-education.

If you want to run a successful business you have to plan for the future. You should have weekly, monthly and yearly goals. Most importantly it takes action to be successful with those goals. Here are seven things you can do every day to become a better entrepreneur and accomplish all of your goals.

1. Always work on one project at a time.

We are most effective when we are working on one project at a time. Make sure to stick to your plan for the day until moving on to another project. This is crucial in order for each project to be excellent. Remember, were not striving for perfection, were striving for excellence.

2. Don’t give your time away to others.

One of the best ways to ruin a productive day is to give into distractions. We all know that distractions come from just about anywhere and they can be very tempting to give into. When we are distracted we lose focus and then lose all control over what were doing. I know that it can be difficult to be the one saying “no” all the time to your friends parties and random beach days but this is a very important part of being a successful entrepreneur.

3. Plan each day the night before.

When we fail to plan we are planning to fail. Without a plan for the day it’s very easy to end up at the end of the day wondering why you haven’t gotten anything done. Being a successful entrepreneur requires self discipline and a daily plan. Try getting the most difficult task of the day done first thing so that the rest of your day will feel a lot easier and you won’t wast a lot of your energy thinking about that “difficult” task all day.

4. Wake up earlier.

Deciding what time to wake up is a personal choice and a lot of people want to be entrepreneurs so that they can wake up when they choose. It is important to feel well rested to get the most out of your day but make sure your not sleeping more than you need to. After all remember that the early bird gets the worm. When you wake up before everyone else you can use the quiet time to meditate on what your plans are for the day and also get some exercise in to clear your mind. This is an important formula for many very successful entrepreneurs.

5. Start your day with a positive attitude.

Right when you wake up begin to think of things that you are grateful for. If this is something that you have trouble with you can read affirmations to yourself to assure that you are feeding your mind what it needs. It can be very difficult to have a positive outlook when the first thing you do is checking your Facebook or emails. There’s so much negativity on the internet that it’s very important for us to feed our mind with what it needs the most first thing in the morning.

6. Respect your work-life boundaries.

As entrepreneurs, it can be very easy to go weeks without leaving your home. After all there is nobody telling us to stop working or when to start working. We’ll maybe the wife/husband but we all know how that goes. We’re all about getting the most out of our days and pushing it to the limit. Don’t forget to spend time with people that are important to you and on hobbies that you enjoy. This is all part of living a good life.

7. Stay organized.

Staying organized is essential to getting the most out of your days. You want to have a DMO (daily method of operation. Set up a schedule of exactly how many hours and when your going to work on certain tasks. This will save you lots of time and you can get right what you need to do. Yes there will be things that come up everyday that can take you away from your schedule but it will be easy to make these adjustments as they come up.

There are more than seven things to put on this list, of course, but these are a good start to get you on your way.

Overall, the main goal of entrepreneurship is to create freedom in your life and make an impact in the lives of those whom your business serves. To do that, you need a plan, focus and constant growth both personally and in your business. Set yourself up for success each day, and strive to get better.

Were these helpful? There are others out there that could use this advice, feel free to share around and drop me a comment if you found this helpful!

Top 4 Challenges for a Startup Entrepreneur to Overcome

Startup Entrepreneur to OvercomeI can tell you from my experience that starting a new business can be both scary and exciting. This is because, at any point in time, a new company can find itself among a number of challenges and obstacles. From hiring the apt team to making the business grow, from improving the brand’s image to delivering the key message, startup entrepreneurs need to overcome many challenges in order to secure success and stability.

What I have seen that being a startup entrepreneur, one find leadership challenges the biggest hurdle when trying to catch the way to success. Do you want to know why?

When you used to do an office job as an individual, the organization would promote you for your technical competence most times, and seldom for your leadership skills only. But when you are starting your own business, there is a remarkable change in roles and responsibilities. Success does not come only from what you know, but from what you do to grow and develop others.

When I used to be a startup entrepreneur, I have gained some perspective on how to face and overcome leadership challenges. Today, I am going to share with you all that I learned. Let’s have a look at some most common challenges you will face as you undergo the transition – from an office job to entrepreneurship, and how to overcome them.

Communication

Most solutions to leadership challenges are hidden in simple communication and strong relationships with the employees of a company. So try to keep the lines of communication open always with your team leaders, even if you have already hired the people who believe in you, are equally passionate about your goals, and are ready to put in as much hard work as you are putting through. A communication with strong emphasis on your vision will bring comfort not only between you and your business team leaders but also in the entire company as a whole.

And you will get an added bonus. As your team leaders also serve the front line of your business, they can have an impression on happy clients. This way, your organization becomes trustworthy, which eventually translates into long-term customers.

Competition

Competition is one of the biggest challenges that all the startups face, especially in industries dominated by reputed, established brands. The main thing is to find a niche market, not yet saturated by other enterprises with the same products. If there is another company offering the similar products, you should start thinking out of the box to get an edge over your competitors. This is really essential for building a clear target audience and convey a particular brand message to differentiate your startup business from other players out there.

Keeping the pace with the change

Information around the world is constantly evolving due to the continuous development of technology. Also, more countries and industries are shifting online. Not only keeping up but staying ahead of the competitors is a challenge for startup companies. With plans to roll a startup out into different markets, you need to approach each country with customized strategies based on the market conditions. Be enough flexible to review and adjust your business philosophy and plan in order to meet your customers’ needs.

Leading vs. Managing

Many startup entrepreneurs feel confused between leadership and management. Management is all about managing workflow, overall budget or time, whereas leadership is all about inspiring, sharing a vision and purpose, and giving direction.

When you learn how to share your vision and bring more confidence in your team leaders, they will bring more confidence in the teams in return.

Being perfect in leadership & business is an ongoing process that needs patience and discipline. Start following these methods, and put your foot forward towards overcoming prospective leadership challenges.