The 5 Rules Of Successful Entrepreneurs

No matter what the Gurus” say, entrepreneurship is not for everyone. Being an entrepreneur is not “so easy anyone can do it” nor is it a ticket to “get rich quick in your spare time.” If you want to become an entrepreneur for the money or because it seems easier than getting (or staying in) a job, skip it.

Successful entrepreneurs do it because they HAVE to, and because it’s really, really fun. To become an entrepreneur you have to have passion, you have to want to serve others, and you have to be willing to never, ever, ever stop, even if you never make a penny.

A while back I posted 163 tips for folks who want to become an entrepreneur. Read the list for inspiration, and if you really want to take the leap and kick your dream into high gear, here are the best tips of the bunch:

1.    Use A Three-Sheet Strategy – Don’t waste time on a traditional business plan with a zillion pages. Instead, use one sheet to declare your big, long-term vision, one sheet to plan and project your next 90 days, and one sheet to track the critical numbers (cash in the bank, number of prospects, etc.) on a daily basis.

2.    Adjust Your Lifestyle –  Odds are your business will not bring in money right away, and when the money does start to roll in, it may be awhile before you earn enough for that flat screen you’ve had your eye on. You need money to support your bare minimum, so you have to know how low you would go ahead of time.

3.    Believe in You — If your peeps think you’re nuts, it’s actually a good sign because it means you’re an innovator. Your brilliant idea is probably brand new to the market, so people just don’t have anything to compare it to. All that matters is that YOU believe, and that you are relentless in your efforts to turn your vision into reality.

4.    Self Promote — Get on your soapbox and preach! You’ve got to spread the good word about your product and service because if you don’t, how can you expect anyone else to do it?

5.    Just Do It — When all is said and done, thinkers get nothing and the doers get it all. You need to take all you’ve learned, planned, and brainstormed and put into action. In fact, STOP READING this blog right now and just do it!

Entrepreneurship is either IN YOU, or NOT. It’s all about what nature gave you—if you have the passion, the drive, and the stamina you could become an entrepreneur. And if you follow these tips, you might actually make it.

http://www.toiletpaperentrepreneur.com/blog/the-rules-of-successful-entrepreneurs

Leave a comment