Elon Musk and Jeff Bezos are two of the biggest entrepreneurial names in the business world. But while both have had wildly successful careers and developed two of the most valuable brands to this day, Bezos’ and Musk’s leadership styles differ greatly.
It’s no surprise that being a successful entrepreneur takes the perfect storm of attributes. And while there isn’t a one-size-fits-all method to entrepreneurial success, there are comparable patterns that many successful entrepreneurs such as Bezos and Musk follow.
Whether you’re just starting your career or are looking to hone your entrepreneurial skills, cultivating the right attributes and implementing the following strategies will help you further your career without risking your sanity.
1. Learn How to Self-Promote
Self-promotion is a tricky thing. Do it too much and you run the risk of coming off as braggy, pompous, or salesy. Do it too little and you run the risk of missing out on valuable connections and opportunities.
Mastering the art of self-promotion is without a doubt tricky, but if you don’t self-promote, who will? Ultimately, self-promotion is the best way to tell your story — after all, no one else knows your story like you do. You are the expert when it comes to knowing yourself.
If you’re looking to up your self-promotion game, there’s lots you can do. From something as simple as consistently posting to your social media platforms, to fostering your social influence skills, self-promotion takes many forms. For more ideas, Bruce Kasanoff wrote a great article on 40 ways to self-promote without being a jerk and artist.
“I’ve said it before, and by gosh, I’ll say it again — don’t be afraid to toot your own horn.” – Emlyn Chand
2. Establish a Task System Early On
You know the age-old saying: “If you fail to plan, you are planning to fail.” For entrepreneurs, this statement couldn’t be truer. No matter how great your ideas, connections, and resume are, entrepreneurial success relies on proper planning. Failing to plan makes it difficult to have the laser-focus necessary to avoid trying to appeal to anyone and everyone, and can cost you sales as a result.
Unfortunately, many entrepreneurs focus on the end goal of executing their product or service more than they focus on planning because they consider planning too time consuming. While writing your business plan isn’t something you can tackle on your 30-minute lunch break, it’s important to put in the hours necessary to get it done. Realizing that planning is a must-have, not just a nice-to-have, is so important for entrepreneurial success.
With proper planning and establishing processes for all aspects of your operations, your startup can avoid losing sales, especially if you run an online business. It may take some trial and error and adjustments to your original plan to figure out the right task system for you, but it’s important to do so.
Not sure where to start? Set some time aside to read about successful businesses and the entrepreneurs who built them. During your research, be sure to take notes and outline a rough draft of your business plan along with task systems and processes that make sense for you.
In the end, taking the time to devise a plan and establish a task system will help you concentrate on your goals, track your progress, identify risks in advance, and understand failures and how to remedy them.
3. Be Open to Change
If there’s one attribute all successful entrepreneurs share it’s that they are open to change. Change isn’t always easy — especially for those who prefer to be in control — but being open to change and learning to adapt isn’t just a success skill, it’s a survival skill.
Sure, being passionate about what you do is a necessary attribute of all entrepreneurs, but being stubborn isn’t. Entrepreneurial ventures are uncertain by nature and being inflexible about client or market needs will lead to failure.
As an entrepreneur, you’ll likely find that the path you originally envisioned in your head is totally different than how your product or service is executed. As a result, you may have to change your product or service to adapt to your unique situation. Entrepreneurs who embrace change find that it’s easier to keep moving forward. It’s important to remember that change doesn’t symbolize failure, but symbolizes growth.
Of course, change can be scary, but it doesn’t have to be. Successful entrepreneurs know that their venture is not just about doing what they believe is good, but also making a thriving business out of it.
You can embrace change in lots of ways — by welcoming suggestions from others, checking your ego at the door, and learning how to fail correctly.
“The measure of intelligence is the ability to change.” – Albert Einstein
The journey to becoming a successful entrepreneur isn’t as easy as going from Point A to B. Throughout your career, you’ll be challenged, tested, and thrown curveballs. But by cultivating the right attributes like learning the art of self-promotion, planning, and being open to change, it’ll make the journey much more enjoyable.
What are some attributes you have that have helped you on your journey? Let us know by writing in the comments below!
Image courtesy of Twenty20.com
How To Build a Six Figure Content Platform
There’s never been a better time to get started on your entrepreneurial dream, and most can start a business or launch a platform in 24 hours or less. With virtually free distribution in our pockets, attracting and building an audience has never been easier. But with great freedom and unlimited options comes great responsibility: with all the choices available to you, which do you pick? Most people get stuck at this point, sliding into paralysis by analysis with endless options. (more…)
18 Must Read Business Books for Emerging Entrepreneurs and Startups
Reading is both relaxation and training for the mind. Who reads, dives into another world. Learning, entertaining and breaking out of everyday life for a short moment. One could go even so far as to say reading is the second most beautiful thing in the world! Whether it is non-fiction or a novel of all the world’s man has created, the book is the most powerful tool. That is also, why we wanted to find out which business book you should undertake in the new year. (more…)
How to Become a Solopreneur and Lead an Independent Life
Solopreneur refers to an individual who sets up and runs a business on their own. Now, who doesn’t want to start their own business? I am pretty sure that most of you at some point in your life have thought about building your own dreams. (more…)
What Entrepreneurs Need to Learn From the Fyre Festival Disaster
By now, you’ve undoubtedly heard of the infamous Fyre Festival. This 2017 music festival turned disaster/international laughing stock has re-entered the public eye due to documentaries released by both Netflix and Hulu that detailed precisely what went down. If you haven’t watched either doc, let’s just say it’s somehow much worse than we all initially thought. (more…)
3 Ways the Dalai Lama Inspires Radical Self Care in His Daily Routine
How to Properly Manage Your Time So You Can Fit More Into Your Day
Why You Need to Push Yourself and Aim High in Everything You Do
55 Inspirational Quotes That Will Change Your Life
72 Positive Thinking Quotes For More Inner Strength & Growth
30 Famous Quotes That Will Inspire Success In You
- Quotes4 weeks ago
90 Success Quotes You Should Have Tattooed On Your Body!
- Quotes4 weeks ago
31 Highly Successful Women Share Their Most Powerful Quotes
- Quotes4 weeks ago
42 Les Brown Quotes That Will Intensify Your Motivation
- Success Advice3 weeks ago
5 Must Read Books That Will Skyrocket Your Productivity
- Success Advice3 weeks ago
The 2 Behaviors That Will Guarantee Your Success
- Entrepreneurs4 weeks ago
An Entrepreneur’s 7 Secrets to Owning Multiple Enterprises
- Success Advice4 weeks ago
3 Lessons From a Race Car Driver: How to Prepare When There’s No Time to Practice
- Life3 weeks ago
5 Reasons Why You Aren’t Going to Reach Your Goals This Year