The 8 Habits of Highly Successful Entrepreneurs
When you see entrepreneurs who have achieved success, it’s natural to wonder: What
makes them different? Some will tell you that entrepreneurs succeed because they
work harder, know the right people, or are just smarter than the rest of us.
While those traits are valuable, they do not make a successful entrepreneur. What
makes an entrepreneur successful is a set of habits. It is their behaviors, attitudes, and
actions—practiced consistently—that separates successful entrepreneurs from the
rest of us. If you can identify and incorporate these habits in your own life, you can also
succeed as an entrepreneur.
Habit #1: Always Be Learning
Knowledge, more than money, influence, or dogged persistence, is the most valuable
asset of any entrepreneur. Many businesses have burned through sky-high piles of
startup capital without ever turning a profit, despite big-name backers and the tireless
work of the founders. But if you know—really know—what you are doing, then your
chances of creating a winning business skyrocket. And the way to make sure you know
as much as you can is to always be learning.
A successful entrepreneur is a student of business, technology, and human nature.
In technology, constant change drives the need to always learn. The steady arrival of
new technology means any entrepreneur whose business is touched by technology
must stay up on the latest refinements and introductions. Human nature, on the other
hand, changes slowly if at all. But the topic is so complex and deep that it is literally
inexhaustible. The more you can learn about why people do things, their basic needs
and how to structure your business to meet them, the more likely you are to succeed
as an entrepreneur.
Successful entrepreneurs don’t learn only in traditional classrooms. They stay up
on technology by reading about and trying new tools. They stay up on business by
following the markets, attending seminars, and obtaining expert advice. For studying
human nature, their classrooms are meeting rooms, coffee shops, airports and any
place people gather. And above it all, they learn from their own mistakes. Successful
entrepreneurs never think they know it all. They are always learning.
In the next post we going to cover habit #2.