Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
Entrepreneurialism Information |
5 Habits Of Successful Entrepreneurs
Habits get a bum rap. When you think about your habits, I bet you think of the "bad" ones - the ones that you aren't particularly proud of, like eating too much sugar, or smoking, or dwelling on your negative thoughts. According to Webster's dictionary a habit simply is: A pattern or action that is acquired and has become so automatic that it is difficult to break. It's easy to see how if you start a behavior, and continue to reinforce it, it quickly becomes a habit. The pint of Ben and Jerry's after dinner, playing Free Cell when you should be making calls, or always leaping to a negative conclusion when something happens. Once habits are formed, they can be hard to break, correct? Get ready for a new perspective - habits can be good! What if, instead of relating to your habit as a problem, you were able to use your habits creatively to help you be more successful? Since habits are a natural part of our human experience (for better or worse), learning to capitalize on your innate ability to form positive patterns can mean a very successful life and business. Here are 5 habits that successful entrepreneurs can learn to develop. 1. Build resilience. You don't need me to tell you - part of what goes with the territory when you're self-employed is the incessant up and down of sales and cash flow. This is probably the number one stress producer for entrepreneurs. Building the habit of resilience will help you to elegantly weather the unavoidable ups and downs. You build resilience by building your reserves. Some examples of reserves are cash (having 6-9 months of savings in the bank), self-esteem (plenty of positive regard for yourself) or confidence (feeling like an expert in your field). What creates the most worry for you when faced with a stressor in your business? Focus on building a reserve of what ever will counter your number one stressor. 2. Become a passion junkie. Passion is an emotion - it's a feeling of excitement and intensity. It arises when you recognize something that authentically resounds in your being, and is a result of love and affinity. You know when you feel it and you know when it's missing. Unfortunately, many people have developed the default habit of connecting with the emotion of fear instead. Fear (unless a polar bear is chasing you) fuels negative thinking and always results in stress. How do you connect with your passion? How can you begin to disqualify the fear-based thoughts that want to hog the road (of your mind)? Once you discover your passion, or remember it, taking active steps to stay connected to it will begin a new practice and encourage the passion habit in your life. 3. Be authentic. According to psychologist, Abraham Maslow, "Authenticity is the reduction of phoniness toward the zero point." Strive to be honest in your personal and professional dealings so your behavior and speech are a true and spontaneous expression of your inner self. Live in a way that expresses your real vision, values and characteristics. Do you know who you truly are? By knowing yourself first, you will develop the habit of authenticity. What you put into the world will begin to be congruent with what you receive back from the world. 4. Work smarter not harder. If you're not careful, working hard can deteriorate into an exhausting habit, rather than an expression of an ethic. Often what drives and motivates entrepreneurs is the desire for success, but the pursuit of success often comes with mental baggage that can undermine it. What are the mental "tapes" that cycle through your thought stream to undermine you? "I've got to work hard and prove myself"; "If I don't do it myself, it won't get done" or perhaps, "If I could just put in more time, I'd get it all done". Begin to build the habit of working smarter not harder. Counter the disempowering messages with some practical actions that put your business more on autopilot. Improve your systems, take the time to plan, and delegate. 5. Practice generosity. The international business networking organization BNI's motto is "Givers Gain". The premise is - more will come back to you if you focus on generously giving to your business network, and your customers. Giving, providing value, or offering superlative customer service is an attractive attribute and positive habit to develop. Tim Sanders, author of "Love Is The Killer App" articulates this business idea as, "the act of intelligently and sensibly sharing your intangibles with your business partners". This value can drive your business and your life up as far as you want it to go. What intangibles do you have to offer your world? What shift in your success and happiness do you see possible by focusing on giving rather than gaining? If creating a habit is as easy as starting a behavior, and then repeating it (practice), consider the positive and powerful habits you could begin to form in your life and business, starting today! Going back to Webster's definition, a positive habit would be equally hard to break. Wouldn't that be nice for a change? It's YOUR life... live it completely! Helaine is a professional coach and writer, who has been featured in numerous publications, including "O" The Oprah Magazine. She helps entrepreneurs and professional women accelerate their professional success, while achieving a more complete and fulfilling personal life. For a free consultation, contact her at 603-357-8546 to discuss how she can help you accelerate your own success. You may also visit her website, http://www.pathofpurpose.com, or email your questions to helaine@pathofpurpose.com.
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Book Yourself Solid: The Simple Selling Process As a service provider you may not want to think of yourself as a salesperson. You are in the business of helping others and you may not feel comfortable with the sales process. Top Ten Ways to Increase Your Profitability 1) Go back to basics.Take a couple of steps back and address the fundamental facts or principles of your business. When Your Business Feels Like an Arranged Marriage Q. I was laid off six months ago. The 7 Major Reasons Businesses Fail and How to Overcome Them This year, over 800,000 of the approximately 2,000,000 start up businesses will fail!Nearly 1,000,000 of those remaining will fail within 3 years. Why do so many businesses fail? Many studies show that approximately 98% of all failures occur because of the owners. Can a Microbusiness Help You Enjoy a Better Retirement? Not having enough money for a comfortable retirement tops thelist of financial concerns among aging Americans, according to a recent Gallup Poll. It even outweighs peoples' worries about having a serious illness or accident. CHINESE TAKE-OUT: Oriental Business Principles Demystified For Online Enterprises "The expectations of life depend upon diligence; the mechanic that would perfect his work must first sharpen his tools."- ConfuciusChinese people are well-renowned for their industriousness and extraordinary minds for business. Delivery Companies Make the Grade In the United States we have the most efficient delivery service companies in the world. This is because the free market competitive system has pushed entrepreneurs to become more efficient to make more profit and to keep costs down. Compensating for Your Entrepreneurial Style-or Lack of Style I recently took an entrepreneurial quiz which evaluated my answers and informed me I would do best as a hired hand! So why am I a successful home business owner? Because I've learned to fill the holes in my entrepreneurial style, and compensate for my deficiencies. Let's start with a list of qualities that might benefit someone working for him/herself: 1. Be an Entrepreneur The Department of Labor predicts that the #1 employer in 2010 will be "self." A recent Internet poll of 25-44 year olds revealed that 90% of them hoped to own their own business. History of Enterprise Car Rentals So few really understand the drives and motivations of entrepreneurs. Many write about them, some lecture and teach about what they are, how they operate and what they have achieved; yet so few really understand them. 16 Vital Traits Shared by All Successful Entrepreneurs The first step in deciding whether to start a business is to ask yourself this important question: "Do I have what it takes to be an entrepreneur?" A variety of experts have documented research that indicates that successful small business entrepreneurs, whether male or female, have some common characteristics. How do you measure up? It will be up to you -- not someone else telling you - to develop projects, organize your time and follow through on details. Key to Starting Your Own Clothing Company Starting your own private label clothing company is not as difficult as you may think. I assure you that the founding members of Volcom, Paul Frank, Hurley and Von Dutch, are not mad geniuses of fashion. Corporate Espionage in Franchising Franchising Trade Journals do not do well, because today with all the industry regulations only about 1800 active franchise actually exist in the US. Down sharply over the past five years. Find Me the Expert on This! Many people who set up as consultants never make more than a minimal living. They get some clients who like them, but are so dependent on these few businesses that the resignation of a key contact can destroy their business for months ahead. An Entrepreneurs Challenge Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive. Applying The Daffodil Theory into Business Practice At times all of us need a bit of inspiration to add to our day. When I first read this article, I had started my own home based business and was in a bit of a slump. What Makes a Person an Entrepreneur? Entrepreneurship is generally characterized by some type of innovation, a significant investment, and a strategy that values expansion. The entrepreneur is often quite different in mindset from a manager, who is generally charged with using existing resources to make an existing business run well. Protect Your ASSets in Business Many people are starting an online business without a thought about the danger this may pose to their personal assets. The type of protection you need depends upon the nature of your business and the amount of your personal assets. 5?4?3? 2...1? A streak dating back more than three decades came to an end at midnight on New Year's Eve. For the first time since 1972, as America rang in 2005, "America's Oldest Living Teenager" was not in Times Square to count down the dropping of the giant ball. Which Niche To Conquer? I'm sure that you've heard about how many start up companies fail when they first begin, and the reason that most (if not all) of their failures is because they don't create a good fountain to build on.If we start right, it is easy to go right all the time. |
home | site map | Contact Us |