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The Mindset of a Successful Entrepreneur
30% of the Americans are self-employed. But 22.5% of these small businesses fail within the 1st year. There are many struggling entrepreneurs. It’s a rough spot to be in.
But it's all a mindset problem that can be addressed:
1. Learn from the best
2. Execute your ideas to perfection
3. Stay focused on your “why”
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1. Learn from the best
Instead of learning from the best in the world, most would take advice from my peers. From people at networking events. People who were mediocre at best.
The moment you stop listening to advice from people who weren’t successful, you start making more progress.
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428 reads
2. Execute your ideas to perfection
Here’s what struggling entrepreneurs do: They have a great business idea, then they don’t pursue it.
Or they execute an idea but it doesn’t work out. Why? The business idea wasn’t validated with actual customers. And without validation, you risk wasting your time.
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362 reads
3. Stay focused on your “why”
Creating wealth is all about providing value. And we can only provide value when we’re giving something useful to help other people.
Every entrepreneur has a “why.” Whatever it is, keep your why in mind every single day. Without that, no one stays in business for long.
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346 reads
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Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
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