Habits of highly effective entrepreneurs

Success is something that most career-driven individuals seek, but not everyone manages to reach. So what makes some people successful while others aren’t?

There are several small, but key commitments, effective entrepreneurs practice in their daily routine which help them to stay a cut above the rest. What is the reason that some entrepreneurs reach heights while some just tangle them up in series of failure. For example, Mark Zuckerberg, the CEO of Facebook said one of the most import things he tries to do on a daily basis is use his time proactively than actively.

Aristotle said “Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but we rather have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.”

There are some habbits that every effective entrepreneurs have:

They get ready for the day

Effective entrepreneurs are always ready for their day. No matter how busy they are, they accept that to be totally on-point they must be prepared and organized. The more prepared they are, the more confident, relaxed and efficiently they operate. They prepare lists, goals, calls, meetings, calendars, what they’re going to eat, sleep, what clothes they will wear, travel itineraries, time for exercise, family and friends. They make sure to start each day ahead of the game, rather than consistently behind the 8 ball.

They Exercise

Effective entrepreneurs  take care of themselves because they know it is them who has to take care of their business. Exercising keeps you fit, healthy, strong, happier, and energised for the new day ahead, and this is something entrepreneurs seem to know very well. Even on their busiest days they manage to make time for exercise, and even meditation, usually in the morning right after they wake.

They encourage feedback

No matter how successful a person is but he cannot always be right. Successful people know this well, and that’s why to them any feedback is valuable. You may have a good idea, but perhaps someone has a way to improve on it. It’s not about who comes up with the idea, but what’s actually better for your business. Because at the end of the day it’s not how you see your products but what a 3rd person perceives about it!

Improving communications with partners and having casual conversations where you can ask for feedback can also be beneficial in keeping the other party involved and interested in the project. Remember, you’re all working for the same goal.

Zuckerberg says he wants his employees to correct him in public if he is wrong. He said “It’s little embarrassing to be wrong when you are a famous person but he likes openness and it feels good”.

Turn obstacles into power

It’s hard to see the silver lining for an obstacle, but the truth is that good can come out of any experience if we fight hard enough to find it. After all, many of the bestselling novels, movies, and songs come from places of pain and sadness, and entrepreneurs know this too. You will face setbacks and tough times, and even on a daily basis you may face little (or big) issues that may seem threatening, but you need to keep going and remind yourself that what doesn’t kill you only makes you stronger.

Many entrepreneurs point to mistakes as being their best teacher. When you learn from your mistakes, you move closer to success — even though you initially failed.

As an entrepreneur you can’t be deterred by idea of failure. Snapchat CEO, Evan Spiegel’s first venture came in 2010 and the next venture was not as successful as the first one. But the first venture is far from the hit that snapchat is now. Because Rebranding worked. By 2011 Snapchat had 2,241 users.

They involve others

Many entrepreneurs fail because they are on their own journey, they don’t enlist the help of others. However, highly effective entrepreneurs embrace that success is never a one-man job. The more people they have on their team believing in their mission, the more innovative and successful they become. No one can succeed in a cocoon. They let go of their fears, guilt’s and doubts around their personal responsibility. They know their limits, and value the need to involve others to help complete them as person to get to the top. Success is the most fulfilling when it’s a shared experience.

They take rest

Jack Dorsey, co-founder and CEO of Twitter, religiously takes Saturday off, often to hike, and dedicates Sundays to reflecting, getting feedback, and planning for the new week ahead. They know if they work without giving required amount of rest to them, their body will shut down which will lead to their health loss and will be reflected on their company.

They build a great team.

No one succeeds in business alone, and those who will try will loose to a great team every time. Highly effective entrepreneurs have a habit of recruiting people who not only have skills but also have character and values. A highly effective entrepreneur always build their own great team to bolster their success.

It takes time to build a reputation and a brand, as well as it takes a lot of work, a lot of vision and a lot of perseverance. Sometimes the fruits of these labors do not show up as fast as an entrepreneur would like. Self-starters who stay mentally strong and maintain a strict schedule will come out of this process, which always takes longer than expected, with a better shot at success.

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