7 Wonders of Entrepreneurship

Everyone always wants to work for themselves, waking up when you want, and working minimal but making the maximum. It is a pipedream that some people do not know the full range of how much work it requires to be an entrepreneur. What it takes to own your own business and make your quality of life even better while doing this. Well you are not the only person that has these questions so here are seven key points that you will have to put into your journey. If you can do this, you will see less bumpy roads off the get go, so let’s get started.

1)      Competition

Yes, competition is awesome to have not only to give people multiple options but this will keep yourself in check as well. Because let’s face it…..most people do not enjoy being a loser. If you do enjoy being a loser, well you need to relook at starting your own business and if that is the best option for you. Even though a great competition is great for business, a key part of this is do not compete with others. But to compete with yourself, who cares what someone else does. How does that help you at all? Compete with yourself, you did 20 deals last month then do 30 this month. If you beat others in the competition then great but that should not be your priority. Beat your records, achieve the goals that you have with business!

2)      Self-Development

This is something I see over and over again that people lack on. People think that they do not have to learn anything because that are not in school. That is a poor attitude and your business will suffer because of it. You need to check out education classes, second languages, developing your business and personal mind. That is why I put education classes posted on my blog, just to put the option out there for people to learn even more. If it is not a class that interests you then click through the sites that they do have, who knows you might find one that you have been looking for to learn about. Why pay another person to do something that you are more than capable of doing yourself? If you do not have time do that activity, then that is fine to pay someone else. But build your mind and you will see your business thrive from that additional knowledge. There are also industries out there that require people to get additional educational courses to be completed to keep the license for that industry active. I find this to be a great benefit not only to the industry but that’s like force feeding vegetables to a child. Even though they do not like it and is hard to eat with little flavor you know it is best for them, just like the additional educational courses. Always remember to continue to learn!!

3)      Accountability

Talk about a hot topic! How many times have you heard a person say at a job, that’s not my job! Talk about an annoyance! This is something that we should instill into our children as a parent and this is something that someone should have when they are in the professional business world as well. If you screw up you need to own up to it! If you do not then you never learn from your mistakes. Yeah mistakes are costly at times and yes, the truth does hurt as well but toughen up cupcake! You need to own that mistake and learn from it. We are stronger with our mistakes and even the best person in history has messed up at least once, but they learned from it. This is the same when it comes to business and entrepreneurship, think about it yourself. Did that business development course make you a better person? Did that investment into ABC company that took a loss help you learn a lesson? Yes, some things hurt more than others, and I am not talking about a physical hurt but a hurt to our pride. This can hurt more than a physical pain at times. But physical or psychological we need to learn from our mistakes in the same matter and take accountability for them. Own up to your mistakes, because they are all worth it if you learned from them!

4)      Deeds not Words!!

Wow! Does this one remind you of anyone in your business? Does this remind you of an employee you have? You will never fall short of the people that will talk all day about how they would have done something! You will never run out of the all-knowing gurus that have a solution for something you are in the process of completing. I call them bench racers, because no matter how far you are into your project they will talk about it all day long about how they would do it. But when it comes to putting the rubber to the road, they have no application plan set forth. I remember when I was in my motorcycle accident, there was the guy listening then said…….I would have jumped off the bike at the last second……….I looked at him and said, have you been in an accident before? Are you trained in being a ninja? Of course, the second question was more sarcastic then the first but neither question he could say he has done. So, I told him to shut it! LOL! That is not business but it is the same idea, you will always see a person saying what they would have done in a situation that you are in. But know that you are putting your words into action, not them! So be proud of you attempting to complete that project because I will always strike out swinging instead of strike out looking!! Because at least you can say you tried at least, and didn’t just watch life pass you by!

5)      Mental Resiliency

Yep, this one will touch some hearts out there. You can go straight up coo coo for cocoa puffs when running your own business. When you are trying to better yourself in anyways, there is always that added stress that is calculated in your new formula. But know that you are strong, you are better than most, you are shooting for greatness! 90% of the population in the United States work nine to five jobs alone, only 10% have went the entrepreneur route! You are a part of that 10% and you are trying to better yourself so be proud! By the way there is nothing wrong with working a “normal” job while starting your entrepreneur lifestyle. That is called bills! Everyone has bills and a lot of people that want to start their own business or have a new project have families. People still have to eat so never look at someone less for working both at the same time. I would look at them in even more awe because they are now hustlers! They are working a “normal” job and building a business at the same time! That is called motivation and drive, so be proud of it!!

6)      Ducks of a Feather

Now if you do not know this old saying then sorry, you will know it by the end of this section. You want to surround yourself with people you want to be like, people that have the same mindset as you. You never hear about a person becoming an intuitive brilliant self-made millionaire by playing at the arcade all day, do you? Although I am pretty sure they don’t call it an arcade anymore…..Ducks of a feather flock together! You surround yourself with bench racers then you will find yourself bench racing as well. Put that rubber to the road and surround yourself with other motivated individuals that work just as hard or even harder than you do. Then that will start a healthy competition as well! Be proud of what you do and what you accomplish, this will show others what kind of duck you are and will help showing you who is like you as well. So be yourself, be proud of your goals and dreams, let others know what you want to do. Others can help putting you in check as well, to keep up that motivation you want to drive you. So, surround yourself with likeminded individuals!

7)      Forgive but never forget!

Yes, yes, I know people are going to read into this more than they need to. But in business you need to forgive quickly, it does not pay to hold grudges. Also, yes you will run into people consistently if you stay in the same industry you are in. So, do not burn bridges either! Forgive quickly but as we said before about accountability, learn from your mistakes! This will push your drive even further and your journey will be a long and lucrative one! Help others in business and see how you can help them get to their goals! You would be surprised what happens, haven’t you ever heard of karma? In the business world karma does come back and you do not want it to be negative when it does. Forgive others quickly and get back to earning money or producing business that starts the process of making money! A negative outlook on the day in anyway will only bring you down and ruin your day then it will ruin your production for the day and hurt the bottom line for your business.

Hopefully you were able to put some of these points into your daily business so you can better your outlook on your day. Grow your bottom line and continue to push, this is the 7 Wonders of Entrepreneurship and you are on a great journey to better yourself. Congratulations to taking the first step to your dreams! Check out our podcast that is listed on the right column as well and if you have any questions or want to show how this blog has helped you in your business please post below in the comments. I love hearing from people and how it has affected them. Make this day a great one and keep up the hustle everyone!!