How to be an entrepreneur

   SUCCEED

IN BUSINESS

Teach. Coach. Mentor.

#FultonFilmCompany

Whats your idea

Many successful entrepreneurs begin by sensing a need, then moving quickly to fill it.  This is either an entirely new product or service, or something as simple as opening the only children's clothing store in a large mall.

What does hard work mean to you?

Most entrepreneurs work long, hard hours.  They focus on their real priorities, especially when times are tough.  (Those who avoid the tough problems by burying themselves in their original area of expertise often fail.)

Focus

It's not just how hard you work, but the way you work that counts.  Successful owners/managers resist the temptation to do what comes easiest.  Instead they do what is most essential.

It's a team sport

Typical entrepreneurs have a strong drive toward independence, plus the ability to be a good team player when the need for cooperation arises.

Trust process may be slow

Entrepreneurs must be extremely self-confident to accept the risks involved in starting a business.  This helps them overcome enormous obstacles to achieve their goals.  In addition, they can temper their self-confidence with objectivity and change course and cut losses where necessary.

Change is constant

Successful entrepreneurs adjust to the changing demands of a growing business and develop the skills to deal with them.  they become managers of other people's work so their business can grow quickly and achieve spectacular success.

Make the right choice

Entrepreneurs make wise decisions without taking too much time to make up their minds.  When they lack the knowledge to make sound decisions on their own, they seek information and advice without hesitation.

Thrive in stressful environments

Entrepreneurs face many crises on the road to prosperity.  To survive, they often unwind with sports and hobbies.  Many are encouraged by the understanding of their spouses and families.

Do you want to win?

Successful entrepreneurs have a single-minded, almost compulsive desire to succeed.  Although financial rewards are important, they are often secondary in the drive towards personal achievement.

Be about your money

Running a business brings many rewards--independence, community prestige, personal satisfaction--but entrepreneurs never lose sight of the need to make a profit.  They know that return on investment is the ultimate measure of success.

Be honest about who you are

Almost ALL entrepreneurs start with some weaknesses.  Those who succeed recognize their limitation and are always ready to seek and use outside help when the situation demands it.

NOTE: You must acknowledge and deal with self-limiting beliefs you may harbor.  They can cripple your efforts to achieve success and must be eliminated through positive self-programming and reinforcement.