Some refer to entrepreneurs as a new breed of people. Many dream of attaining the fame and fortune that entrepreneurs enjoy.
However, before they became successful, entrepreneurs also faced a lot of struggles. They had to shed a lot of blood, sweat and tears to get to where they are now.
Their climb up the ladder of success took years. And because they were determined to come out as winners, giving up was never an option. They knew that there was no such thing as a get-rich-quick formula.
Here are some of the habits of successful entrepreneurs.
- They don’t get frustrated over obstacles. They simply sit down and think of ways on how to resolve issues. They view setbacks as opportunities to improve. They learn from these experiences and avoid them in the future.
- They see their competitors as helpful tools. They look into their competitor’s business model to help them have a better understanding of the industry and the behavior of consumers.
- They make sure that each aspect of their business is always in tip-top shape, and plan new strategies to improve the business.
- They don’t always aspire to perfection. They will not waste time polishing the smallest details if it will cost them other opportunities.
- They find ways to make their business stand out from the rest.
- They don’t rely on formulas to “instant success.” They know it takes years of hard work to be successful.
- They listen to other people’s ideas and opinions especially when it concerns their business.
- They know how to balance work and life. They know where the business ends and the family begins.
Many want to become successful entrepreneurs. But success demands the right mindset.
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(Armando Bartolome is known as the Philippines’ Franchise Guru, a mentor to numerous micro entrepreneurs who are now themselves big names in the industry. This article is reposted with the author’s permission and was previously published on The Business Mentor column posted by ABSCBN News. For questions and more information, you may contact Armando “Butz” Bartolome by email: firstname.lastname@example.org or on Twitter @philfranguru. His website is https://www.gmbmsglobal.com/ )