It is important to visualise the kind of success you want and it is equally important to dream big. Every successful entrepreneurs story actually starts with a big dream. You need to have big dreams for yourself, whether you want to be rich or famous or simply feel fulfilled. Then, make sure you have a clear vision to achieve it. However, this should not stop you from dreaming. You have to visualise your success in your mind and be able to feel it, touch it, so that it is within your reach. Play this image back and forth at any given opportunity.How does it feel to triple your current income?
How will your life change?
What will your business look like if you achieved the million-dollar mark?
If you wondered how to be a successful entrepreneur and achieve all this, we tell you how.
Openness and faith
All successful entrepreneurs have an attitude of openness and faith. They believe that they can have what they want if they simply envision it as the first step of action to achieve it. Management gurus teach us the power of visualization, ie., seeing yourselves fulfilling your dreams in your mind. For instance, if you want to be rich, then picture yourself in luxurious surroundings with a huge bank account. The process of envisioning success should be a constant activity. All you need is to constantly think that you are successful or will be one day, every single waking hour.
Here’s a tip from a personal development coach that helps her visualise her success – while climbing stairs, recite your goal with each step that you take. So, if you want more money, then say, “I will have money” as you go along. This technique will reinforce your goal and it will help you retain your goal in your memory.
You could follow your entrepreneurial ideas by following some of these techniques:
Be passionate about what you do
You start a business to change any or all of your life. To attain this, you need to develop or uncover an intense, personal passion to change the way things are and live life to the fullest. Success comes easily if you love what you do. That’s because we are relentless in the pursuit of our goals about things that we love. If you hate your job, then how can you be successful? It’s not possible in a million years. You may plod along, even become competent, but you will never be a great success at it.
You will achieve peak performance and do what you have to do to succeed only if you are doing something that interests you or something that you care about. Successful entrepreneurs do not mind the fact that they are putting in 15 or 18 hours a day to their business because they absolutely love what they do. Success in business is all about patience and hard work, which can be attained if you are passionate and crazy with your tasks and activities.
Focus on your strengths
Let’s face it. You cannot be everything to everybody. Each of us has our own strengths and weaknesses. To be effective, you need to identify your strengths and concentrate on them. You will become more successful if you are able to channel your efforts to areas that you do best. In business, for example, if you know you have good marketing instincts, then harness this strength and make full use of it. Seek help or assistance in areas that you may be poor at, such as accounting or bookkeeping. To transform your weakness to strength, consider taking hands-on learning or formal training.
Never consider the possibility of failure
In her novel The Fountainhead, Ann Rynd wrote, “It is not in the nature of man – nor of any living entity, to start out by giving up”. As an entrepreneur, you need to completely and totally believe in your goals and that you can achieve them. Think what you are doing will contribute to the betterment of your environment and your personal self. You should also have a strong faith in your idea, your capabilities and yourself. You must believe that you have the ability to recognize and fulfill them. The more you can develop faith in your ability to achieve your goals, the more rapidly you can attain it. However, your confidence should be balanced with calculated risks that you need to take to achieve greater rewards. A successful entrepreneur is one those who analyze and minimize risk in the pursuit of profit. As they always say, ‘no guts, no glory’.
If you have a vision and have enough faith in yourself, then you can surely achieve your vision. But it is equally important to have concrete goals in place that will act as stepping stones towards realising your vision.
To begin with, put your goals in writing. Not doing so will make them intangible fantasies. Plan each day in such a way that your every action contributes to the attainment of that vision. Do you foresee yourself as the next Martha Stewart of home furnishings? Maybe for now, you need an artist to help you conceptualize the new line of hand-made linens that you hope to launch. Intense goal orientation is the characteristic of every successful entrepreneur. They have a vision, and they know how to get there. Your ability to set goals and make plans for your accomplishment is the skill required to succeed. Plan, plan and plan – without which failure is guaranteed. Also, work hard.
[sws_blockquote_endquote align=”left” quotestyle=”style02″]A successful entrepreneur works hard, hard and hard. No one achieves success just by sitting and staring at the wall every single day.[/sws_blockquote_endquote]
“You work eight hours a day for your survival, everything over eight hours is for success”. All successful entrepreneurs work for more than 60 hours a week initially when they start their business.
Be prepared to skip after-office drinks or a regular weekend get-away trips. If you are in the start-up phase, you will have to breathe, eat and drink your business, till you establish it. Working hard will be easy if you have a vision, clear goals, and are passionate about what you do.
Constantly look for ways to network
In business, you are judged by the company you keep – from your management team, board of directors and strategic partners. Businesses always need assistance, more so small businesses.
Maybe the lady you met in a trade association meeting can help you secure funding or the gentleman at a conference can provide you with management advise. It is important to form alliances with people who can help you, and whom you can help in return. To succeed in business, you need to possess good networking skills along with good communication skills. Always be alert to opportunities to expand your contacts.
Willingness to learn
You do not need to be a MBA degree holder or PhD graduate to succeed in your own business. In fact, there are a lot of entrepreneurs who did not even finish secondary education. Studies show that most self-made millionaires have average intelligence. Nonetheless, these people reached their full potential, achieved their financial and personal goals in business because they were willing to learn. To succeed, you must be willing to ask questions, remain curious, interested and open to new knowledge.
This willingness to learn becomes more crucial given the rapid changes in technologies and ways of doing business.
Persevere and have faith
No one said that the road to success is easy. Despite your good intentions and hard work, sometimes you are bound to fail. Some successful entrepreneurs suffered setbacks and resounding defeats, even bankruptcy, yet managed to quickly stand up to make it big in their fields. Your courage to persist in the face of adversity and ability to bounce back after a temporary disappointment will ensure and assure success. You must learn to pick yourself up and start all over again. Your persistence is the measure of the belief in yourself. Remember, if you persevere, nothing can stop you.
[sws_blockquote_endquote align=”left” quotestyle=”style02″]Do what you should do, when you should do it, whether you like it or not. Self discipline is the key to success.[/sws_blockquote_endquote]
Strength of will
The strength of will to force yourself to pay the price of success – doing what others don’t like to do, going that extra mile, fighting and winning the lonely battle with yourself.
You may have entrepreneur ideas, but the qualities of a successful entrepreneur are to focus on the vision and dreams to move ahead towards success. They develop their entrepreneurship skills to achieve their dreams. Don’t think twice if you have to go an extra mile, the result will be proven positive. There is no assured formula for success, but you just have to do it right. Don’t always worry about the result, instead make the best use out of it.