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The 7 Secrets Self-Motivated Entrepreneurs Know

https://www.entrepreneur.com/article/251591

entrepreneur.com

The 7 Secrets Self-Motivated Entrepreneurs Know
Opinions expressed by Entrepreneur contributors are their own. Presented by How do some entrepreneurs overcome obstacles, maintain intense focus, exemplify ironclad discipline and create companies out of thin air? Genius? Luck? Some secret sauce of success? Related: 20 Quotes to Help Motivate You to Hustle Like Never Before Much of the answer lies in motivation.

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The Secret Sauce: Motivation

The Secret Sauce: Motivation

Successful and rising entrepreneurs have a key behavior trait that propels them towards their goals: Motivation towards that goal, the constant fixation in their minds to what they want to achieve.

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Define your Purpose

Define your Purpose

Successful entrepreneurs know what they want in life, and what is the purpose of their existence. They have chosen a destiny and defined their purpose of living.

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Everyday Motivation

Everyday Motivation

Successful entrepreneurs have a system, a daily set of habits, a power routine that defines their work ethic, eventually defining the course of their lives.

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Mental Preparation

Mental Preparation

For daily motivation to arise, mental preparation (the night before and during the morning) is key. Certain visuals, music, and other trigger pieces can set your mind towards your goal.

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Self-Discipline and Willpower

Self-Discipline and Willpower

Self-discipline and willpower can be in short supply and fail you, but this is your inner fire, your motivation that will sustain you.

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Set personal high standards

Set personal high standards

Successful and motivated entrepreneurs set aside all external forces and distractions and have their own set of high standards. They do things a majority of people find difficult to do, like waking up early or avoiding TV or junk food.

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Goal Setting

Goal Setting

Goal-setting makes your mind think differently and drives you towards it naturally. The obstacles appear small to a person having enough motivation.

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Keep your goal in sight

Keep your goal in sight

Entrepreneurs who keep rising and stay motivated are the ones who never lose sight of their goals, always keeping them at the forefront of their minds.

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Neil Patel

"Self-motivation despises the role of luck, dismisses the component of self-discipline and looks to the power of goals for ultimate achievement in life."


Neil Patel

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SIMILAR ARTICLES & IDEAS:

Using Decision Trees

  • Understand the different outcomes that could happen (both positive and negative)
  • Calculate the expected return or loss of each outcome
  • Attach a probability to each outcome
  • ...

Use Decision Trees 

Elon Musk uses decision trees to make big decisions (a tool that uses a tree-like graph or model of decisions and their possible consequences, outcomes, and resources). They are particularly useful for avoiding stupid risks and big bets that aren’t likely to succeed.

Most became a billionaire by making unlikely big bets, as their expected return statistically was much higher than safer bets.

Build Deep, Long-Term Relationships

One of the best ways to get information is not from just being better at searching Google, it’s from learning how to build a network and get the information you need through that network. 

This network should include people’s lessons learned and hacks, topics that are too sensitive to talk about because they make someone look bad, and tacit knowledge (knowledge that people have but aren’t able to articulate).

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Master Self-Discipline

  • Know your weaknesses. You can’t overcome them until you know them.
  • Remove temptations. “Out of sight, out of mind.”
  • Set clear goals and have an execution ...

Set concrete goals

To become successful sooner, you first need a road map for your career. What do you want to achieve in your career?

Long term goals help you create a framework for your caree...

Stick to a routine

There’s a big benefit to repetition. Routines help you establish good habits and keep you moving forward.

With positive routines in place, you often begin to see results quickly.

Find a mentor

A mentor is someone who is on the same career path as you, but further along.

They guide you through things like how to avoid potential pitfalls, and how you might approach the next steps of your career.