Connect with us

Entrepreneurs

3 Ways to Know You’ll Have Success as an Entrepreneur

Published

on

entrepreneurial success

Entrepreneurship is not for the faint of heart. When you signed up to be an entrepreneur, you gave up your right to be comfortable. You traded stability for uncertainty, one title for many and set hours for “however long it takes.” It takes grit and grind to make something out of nothing and wonder from day to day if all your hard work will eventually pay off. But, in entrepreneurship, uncertainty is the name of the game.

Success is planned, it doesn’t happen by osmosis or by wishing it into existence. Social media has glamorized entrepreneurship and made it look easy. The only vantage point given regularly includes the highlight reel of entrepreneurship and not the backstage chaos. There are daily actions you must take and mindset shifts you must experience to muster up the courage to be an entrepreneur. Entrepreneurship is messy and more often than not, it’s downright scary. Yet, hope abides!

If you are considering entering the world of the unknown, aka entrepreneurship, here are three ways you can tell if you will be successful or not:

1. You know the risks

Entrepreneurship is full of risks. Sometimes all of you have to work with is an idea and a hunch. You have no solid ground to stand on in knowing if what you want to put out into the world will be well-received. And while it’s nearly impossible to know each and every possible scenario and outcome for your situation, when you have an idea of what could happen, you’ll have an advantage.

Go out on a limb. That’s where the fruit is.” – Jimmy Carter

2. You feel the fear

Most approach the idea of entrepreneurship with excitement because all they consider are the positives. Being enamored about being your own boss, setting your own work hours, having the freedom to be location independent, and not having a cap on your earning potential can lure even the highest paid professional into entrepreneurship.

On the flip side, those same ideas can cause anxiety and fear when one realizes the magnitude of the weight that being an entrepreneur puts on oneself. You realize your success falls back on you and your action. Entrepreneurship and mixed feelings go hand in hand. It’s okay to be excited and to be scared. You are not alone.

3. You take the leap anyways

When you accept the risk of the unknown, allow yourself to feel every single emotion in the book, and you still make the choice to plunge into entrepreneurship, you know that success is on your side.

The truth is that many never take the leap because they allow the possibilities of what could go wrong to paralyze them into doing nothing. If you push past your apprehension and make moves towards your future, you have no choice but to experience success. The good news is that your success will be on your own terms.

“You’ll always miss 100% of the shots you don’t take.” – Wayne Gretzky

Taking risks, being fearful and taking action are the keys to your success. It’s one thing to allow your fear to keep you stagnate, it’s another thing to allow that same fear to push you to do and to be better. Before you venture out into uncharted territories, assess where you are and plan for where you desire to be. You may discover that you are closer to your next win than you are to your last loss. Whatever you do, do it well.

How do you assure yourself you’re doing the right thing when you take a big risk? Share your thoughts below!

Image courtesy of Twenty20.com

Maleeka Hollaway is a 3x Best-Selling Author, Serial Entrepreneur and Writer.  As a professional, Maleeka is obsessed with everything that has to do with success, leadership and small business growth. As a human being, Maleeka is infatuated with wanderlust, inspiring stories, and individuality. Follow her on Instagram and connect with her on Linkedin.

Entrepreneurs

The 5 Best Business Audiobooks Every Entrepreneur Should Listen to

Published

on

Image Credit: Unsplash

As an entrepreneur, you might not be able to find time to read books with your busy lifestyle. In such cases, audiobooks can be a wonderful replacement. You can get the knowledge from a book without spending as much time reading it.  (more…)

Continue Reading

Entrepreneurs

The Power of Your Personal Brand and 5 Ways to Maximise It

Published

on

Image Credit: Unsplash

Like most others who start out on a completely new venture, I had no idea what I was doing. Sending 60 cold outreach messages a day, I was lucky to get one or two replies. It wasn’t until I discovered the power of personal branding that I realised exactly why I was well failing. Becoming a student of the game, I spent hours each week studying the types of content and branding techniques that industry leading entrepreneurs were using – which I decided to model and implement for myself.  (more…)

Continue Reading

Entrepreneurs

6 Tips We Used to Start a Booming Ecommerce Business

Published

on

Image Credit: Unsplash

Starting a business is not easy. If it was, everyone and their mother would have one (spoiler alert: they don’t). According to the US Bureau of Labor and Statistics, 20% of small businesses fail within the first year. The truth is that you need to know how to start a business before you take the risky plunge. (more…)

Continue Reading

Entrepreneurs

The Importance of Mindset for Entrepreneurial Success

Published

on

Image Credit: Unsplash

I’ve been an online entrepreneur for a little over fifteen years now. I’ve dabbled in a number of online ventures and I have seen many online business opportunities come and go. A lot has changed; including all of the technical aspects you need in place all the way through to how an online business can and should be run. (more…)

Continue Reading

Trending