Just a few points of what it takes to be successful. It is not an easy ride and my saying as everyone knows – If it were easy everyone would do it.
Persistence – No matter what you have to do keep knocking at the door, fighting, and spite of how difficult it is. Never give up.
Late nights – If you’re an entrepreneur, you will most probably find you hit the pillow and your mind will be buzzing. So you find yourself up working through the night. I find that’s when I work best.
Dedication – Being fully committed to your business or goal. Don’t let your mind run off course and keep focus on that end result.
Hard Work – Like I said it’s not easy. Social life will take a back seat while your building. Long hours and just generally cannot switch off. But it’s all part of the buzz.
Rejections – No matter what business you are in, you will always come across rejection. Whether that’s a client going elsewhere, a buyer not interested in a product or not being able to sign that deal you was so close to. Even trying to get that business finance to start your business. Just keep going – Never let a rejection knock you down as your will have this throughout your career. You will learn how to deal with rejection and become stronger rather than taking it personal.
Sacrifices – While your building you need to sacrifice anything that’s going to distract you. That party that’s going to cause you to have a hangover for the next two days – Or maybe a holiday that will pull you out the loop for a week and not the best time. Maybe a group of “friends” that aren’t a positive influence in your life.
Criticism – You will get people giving you disapproval on your goals. Judging your business and what “they” would do differently. But constructive criticism is great. Choose what you want to take from people’s criticism and push out the negative.
Failure – Even with the most successful entrepreneurs they have failed at something during their journey. 8 out of 10 businesses fail within the first 18 months. Don’t be afraid of failure. Study, learn, hear and change what your business needs before it gets to this point. Failure is not bad; you can change it round to a good.
Doubts – Whether to start a business or something new within an existing business. Knowing whether to grow your team or bring in a new product. You will always have doubts. You have to decide what is best for you and business and most of all if your finances can take the change.
Risks – Business will always be a risk. Risk of going bankrupt, risk of the business not working, not pulling in the business you need. If you are not a risk taker I wouldn’t even try to start a company.