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6 Habits All Successful Entrepreneurs Must Master

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Page 1: 6 Habits All Successful Entrepreneurs Must Master

6 Habits All SuccessfulEntrepreneurs MustMaster

2016

Shawn Boday

Page 2: 6 Habits All Successful Entrepreneurs Must Master

Every successful entrepreneur has a set of habits theyattribute to their long-term success . Some claim to havethem from the start while others talk of the effort it tookto form them . Regardless of how you come about yoursuccess-building habits , there are certain behaviors wesee time and time again across successful people of allkinds of backgrounds . Here are six habits of success mostentrepreneurs have f igured out how to capitalize on inone way or another .

Page 3: 6 Habits All Successful Entrepreneurs Must Master

A big part of being an entrepreneur is being ready to facesome major setbacks . I f you can ’t push through doubt ,roadblocks , and exhaustion , not only will your businesssuffer , but you ’ l l be letting down all the hard workingpeople around you . Sometimes the difference between asuccessful business and one that fails is the foundersabil ity to keep going .

1 . REMAIN RELENTLESS

Page 4: 6 Habits All Successful Entrepreneurs Must Master

A failure is not really a failure i f you learn somethingvaluable from it . Successful entrepreneurs always f ind away to turn a negative experience into a learningexperience that will help them grow and better preparefor the future .

2 . LEARN CONTINUOUSLY

Page 5: 6 Habits All Successful Entrepreneurs Must Master

Relationships can be just as valuable , i f not more , as abusiness ’s product /service itself . The right partnership ,

deal , or cross-promotion can help an eager startup takeoff running . That ’s why so many entrepreneurs focus theirtime on networking and building relationships withfellow entrepreneurs , business experts , and influencers .

At the end of the day , a successful business not onlydepends on what you know but who you know .

3 . MAKE INVALUABLE RELATIONSHIPS

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Remaining focused and driven, despite all the obstacles you face alongthe way, is no easy task. You need a support network of co-founders,employees, friends, and family to cheer you and inspire you to keepgoing along the way. The best way to foster positivity is to hire a teamof people that get behind your company vision. Well-knownentrepreneurs often have a reputation for hiring the right people atthe right time. And, they aren’t afraid to hire people who are smarterthan them who can bring new perspective to the business. This doesn’tmean that you should only hire those who agree with you or say “yes”to everything. This means hiring team members that challenge thebusiness in a positive, productive way.

4 . SURROUND YOURSELF WITH POSITIVITY

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Don ’t be fooled by the powerful titles of entrepreneurs ; a trueentrepreneur will do whatever task needs to get done toforward the business . Ego ’s have to be put aside , especiallywhen you ’re f irst starting out . Entrepreneurial personalitieshave a reputation for working hard and for good reason ; they ’ l lwork hard no matter what the task at hand .

5 . BE ENTERPRISING

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All entrepreneurs understand that money is critical . However ,money should never trump the higher purpose behind thecompany . This mantra will pour into every business decisionan entrepreneur has to make , from deciding to grow thebusiness , pivot their goals , or even sell the business . Everydecision and step forward should be made with money inmind , but also with the higher purpose in mind . This is whatwill give meaning to the entire entrepreneurial journey .

6 . HAVE A HIGHER PURPOSE

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Being entrepreneur is no easy feat , but it certainly can be avery rewarding career . As long as you remain focused to yourvision , work hard , continue to educate yourself , and mostimportantly never give up , you can set yourself up for long-

term success .