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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The Mindset of a Successful Entrepreneur

dariusforoux.medium.com

MORE IDEAS FROM THE ARTICLE

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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The Mindset of a Successful Entrepreneur

1. Learn from the best

2. Execute your ideas to perfection

3. Stay focused on your “why”

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The moment you stop listening to advice from people who weren’t successful, you start making more progress.

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Community Engagement Cycle

In contrast to existing communities, new ones lack a social identity, an established way of participation and assurances of reward or value. These are the foundation of the Community Engagement Cycle.

This is why most communities fail before they even begin. A company needs to establish these four elements if they are to have people’s engagement. 

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The 10-Step Process to Build a Thriving Community from Scratch

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Really focussing on the core business is the most important requirement for startup success. Becoming an expert at fundraising should not be necessary.

Companies rarely fail because they didn't raise money - they fail because they didn't build something people wanted.

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Business has become too data driven

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The Motive

A simple fact like the motive for your business being profit or bottom-line oriented, or a genuine desire to help your customers, can be the reason for your success or failure.

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Do You Have The Mindset Of A Problem Solver?

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