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5 Attributes of “A Player” Entrepreneurs

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5 Attributes of "A Player" Entrepreneurs

No one becomes an entrepreneur hoping to be mediocre. So what makes an entrepreneur, an A Player?

Over the last few years I’ve studied and interviewed hundreds of “A Player” entrepreneurs at the top of their field. “I noticed that the dynamic range between what an average person could accomplish and what the best person could accomplish was 50 or 100 to 1.Given that, you’re well advised to go after the cream of the cream … A small team of A+ players can run circles around a giant team of B and C players.” – Jay Elliott author of Leading Apple With Steve Jobs.

From selling hot dogs to owning a boutique hotel on the Las Vegas Strip, all of the entrepreneurs I talked to had these 5 traits in common:

 

1. “A Players” take MASSIVE action

Most people don’t take action at all and if they do, they try one or two things, fail and then give up entirely. “A players” are different, they know that if they keep putting in the work, they’ll inevitably become successful, so they keep going.

“I have not failed, I’ve just found 10,000 ways that don’t work” – Thomas Edison

2. “A Players” know their strengths

B and C level entrepreneurs micro-manage and waste time and energy on tasks that are not their core competency. “A Players” know exactly what it is they do that creates value for their business and they free up as much of their time to focus on that activity as possible.

 

3. “A Players” communicate the right way

A big hurdle for a lot of entrepreneurs is being able to communicate the right way. A lot of the time entrepreneurs steamroll others or are not able to explain things correctly to others which leads to them having to take on even more work themselves. “A Player” entrepreneurs know that they need to balance out their strong authoritative work communication with warm, compassionate caring about their employees, vendors and most importantly customers.

 

4. “A Players” course correct

When B or C level entrepreneurs run into obstacles, like their marketing not working as well as it once did or a problem with their product, they continue to do the same things. “A Player” entrepreneurs know when they run into problems, it’s time to tweak and test.

“Insanity is doing the same thing over and over and expecting a different result.” – Albert Einstein

5. “A Players” practice self care

B and C level entrepreneurs let their business consume their lives.  “A Player” entrepreneurs take care of themselves physically, mentally and emotionally. “A Players” know that it’s energy, not time, which is our most important resource as an entrepreneur. So they make sure that they take care of themselves every day to prevent burnout and build healthy habits to support the tremendous amount of energy necessary for running your own business.

 

“A Players” are the entrepreneurs who succeed, not only in creating amazing businesses but amazing lives as well.

If you’re serious about becoming an “A Player” entrepreneur, adopt these 5 attributes and success will follow!

Jon Lee is a Full Stack Marketer, who specializes in helping small businesses grow to 7 figures. He also blogs about career development and hosts the A Player Podcast where he interviews “A Players” from various fields as diverse as cage fighting and neurobiology find out more at www.Aplayerpodcast.com.

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Entrepreneurs

The Many Faces of Benjamin Franklin: A Masterclass in Versatile Leadership

Versatile leadership involves the ability to adapt communication as per the needs of others.

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benjamin franklin leadership

Versatile leadership involves the ability to adapt communication as per the needs of others.  It is different from situational leadership where the leaders have to adopt the strategies as per the situation.   (more…)

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Entrepreneurs

10 Lucrative Buy and Sell Businesses to Start in 2024

The buy-and-sell business model provides opportunities across many niches

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Businesses to start in 2024

In the dynamic landscape of 2024, starting a business that capitalizes on buy-and-sell models can be incredibly lucrative. This article explores ten different models that entrepreneurs can consider. These ventures range from real estate flipping to trading in domains and luxury items, providing a broad spectrum of opportunities regardless of your initial capital or interest area.

1. Car Flipping

Flipping cars can be a very lucrative business venture for an individual with business acumen, an eye for value, and mechanically adept at cars. It involves buying under-priced cars, restoring, and selling them for a profit. For deeper insights and opportunities in this market, refer to sca.auction.

2. Real Estate Flipping

Flipping real estate—be it houses, condos, or even commercial properties—remains pretty solid business, especially in markets where real estate values are on the way up. Investors buy properties relatively low, do rehab or renovation, then sell at a profit.

The success of the area is endowed with a huge potential spotlight, the ability to juggle various elements such as local real estate market knowledge, and efficient management of renovations.

3. Vintage E-commerce

With the advent of technology, it became easy to sell vintage or retro items over the online selling platform. Be it clothes, furniture, or even collectibles, consumers these days prefer something unique that is eco-friendly and which may have a nostalgia quotient in it. Hence, it brings the opportunity to open an e-commerce shop effectively.

4. Domain Flipping

If you have the skill to predict catchy phrases or business names that would be popular in the future, then buying and selling domain names would be a very profitable business. Register prices are available to purchase domains, which later can be sold at high prices to interested parties or businesses that wish to get an early online identity.

5. Luxury Items

One of the most promising buy-and-sell businesses is the luxury market, and what makes it very attractive is its less sensitivity towards economic downturns. Some of the common items in the luxury market include high-end watches, jewelry, and art, rare cars, all with high yields. Most times, items do appreciate, especially when they are limited editions.

6. Sports Memorabilia

While the sports memorabilia trading business can at times seem lucrative, especially when one focuses on big personae or big events, authenticity and rarity can definitely help items fetch top dollar. Provenance and limited supply both go towards inflating their values.

7. Sneaker Reselling

In recent years, the sneaker resale market has exploded, fueled by a commodity of scarce releases and athletic brand collaborations with a list of celebrities. Today, with operations such as StockX and GOAT, it’s really that easy to break into the worldwide market. It’s pretty easy to find your buyers and make a very good profit if you’re targeting the right trend and releases.

8. Book Flipping

Flipping rare and first editions can become a really meaningful, and yes, one more profitable, business for a book lover. Sometimes the signed ones, rare manuscripts, or those early editions of famous novels could sell for thousands of dollars, usually done by collectors or academic institutions.

9. Furniture Upcycling

Upcycling furniture consists of restoring and using second-hand furniture to sell it at a higher price. For the environmentally aware consumer, this business model has great appeal. It could be pretty profitable if done with good taste and talent in design and restoration.

10. Electronics Flipping

Smartphones, tablets, and laptops resell at values significantly high; hence, business ensues. Buy, refurbish, and sell in better condition to appeal to budget-minded consumers looking for technology at more affordable price points. 

Overall, The buy-and-sell business model provides opportunities across many niches. Be it real estate flipping or vintage item upcycling, you can succeed in both models with market understanding and trend application. That, with careful planning and strategic investment, will throw huge financial returns for these business models in 2024.

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Entrepreneurs

How Your Business Can Outmaneuver Your Competitors by 85%

Did you know that companies that master big data can outmaneuver competitors by 85% in sales

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big data strategy

Did you know that companies that master big data can outmaneuver competitors by 85% in sales and more than 25% in gross margins? Sounds inspiring, right? But the thing is that data alone isn’t enough. Rather, it’s the strategy behind it that unlocks these enviable boosts. So, this article explores how to make the most out of your big data and build a strategy that’s functional and competitive. (more…)

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Entrepreneurs

Most Entrepreneurs Fail to Do This and It’s Killing Their Success

Celebrating progress also provides entrepreneurs with the psychological sustenance needed to endure the marathon of building a business

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celebrate your milestones

The journey from a mere concept to a tangible reality is one of the most exhilarating yet challenging paths an entrepreneur can navigate. This odyssey is punctuated by milestones that stand as testaments to perseverance, innovation, and relentless hard work.  (more…)

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