Toine Knipping. Chip Conley, Founder of Joie de Vivre Hotels and author of PEAK and Emotional Equations Mind Your Business is a rare book that combines eminently practical and valuable advice for would-be entrepreneurs with wise reflections that imbue the whole activity with a larger purpose. What Is the Importance of Top Quality? With Whom Do You Compete? How Does One Finance a Company? What Is Corporate Social Responsibility? Why Is Transparency Important? Where Do You Stand?
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How Much Money Is Enough? Is Death the End in Mind? About the Author. Click on the Add to next to any video to save to your queue. Click on the Add to next to any article to save to your queue. Click on the Add to next to any podcast episode to save to your queue. Click the Follow button on any author page to keep up with the latest content from your favorite authors. Becoming a successful entrepreneur requires learning that goes beyond how to just run numbers and manage finances.
As someone who has been an entrepreneur for more than a decade, I can tell you that while these elements certainly play a role, actually doing something significant with your particular business's numbers requires creativity, leadership ability and gumption. Instead, strengthening an entrepreneurial mind requires lessons learned both inside and outside the classroom.
For every successful entrepreneur there are several failed attempts
So here are a few ways you can seek those lessons out:. One of the most practical things you can do is find a mentor or several -- and listen to what they say. Some of the most financially successful people in the world, like Mark Zuckerberg , credit their success to the experiences they shared with their mentors.
Mentors are great sounding boards for your ideas, so they can tell you what they believe is promising or what they foresee as being detrimental. You do not have to know them beforehand, either -- you can use resources like LinkedIn and SCORE to connect with people who have the experience to share. Besides mentors, you can acquire knowledge from published books and articles.
People who write down their experiences and share them with the world want you to learn from their mistakes and successes, and they can provide real-world stories you can apply to your own venture. For example, most successful CEOs revealed that they read at least a book per week. Such events are excellent opportunities for networking, and having connections across industries will more likely set you up for success.
From personal experience, I can credit my success to the time that I've spent at various entrepreneurial events. Keep in mind that your goal in attending them isn't to pitch what you're selling. Instead, it's to make professional connections that you can send leads to and receive leads from over many years to come.
The most important skill an entrepreneur can have is problem-solving. You need to learn how to think quickly, study situations from various angles and devise creative solutions no one else has tried before.
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You want to be an entrepreneur because you have an idea -- a vision. Think positively about your vision every day to remind yourself why you are cultivating these skills and putting yourself in stressful situations. I am knowledgeable enough to do this. I am prepared enough to do this. I am mature enough to do this. I am brave enough to do this.
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For me, I like to create digital vision boards and keep inspirational sticky notes in my office. One way to distinguish yourself from the competition is to over-deliver on your promises. Not only will this habit improve your reputation, it will foster stronger customer relationships and encourage word-of-mouth marketing. While you are a solo entrepreneur, you have a lot of tasks on your plate.
Being a successful entrepreneur requires discipline. You need to be careful about wasting time in both your professional and personal life.
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One of the best ways to stay organized and disciplined is to try your hand at bullet journaling ; many entrepreneurs find this pastime to be both productive and creative. So often, we listen to respond instead of listening to hear what someone is trying to tell us.
Helping others with their entrepreneurial ventures can teach you a lot about your own business because it requires reflection. Being an entrepreneur is not just about managing a business; it requires a new way of thinking.
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