10 Concepts Many Successful Entrepreneurs Have Mastered

Páginas: 4 (931 palabras) Publicado: 9 de octubre de 2012
10 concepts many successful entrepreneurs have mastered

1. Be passionate.  I believe passion is contagious – an entrepreneur should be excited about their business and be able to convey thatexcitement to others.  If a CEO isn’t excited about his or her business, how will they ever convince an investor that the business is a worthwhile bet? (More importantly, how will they convince theircustomers?)  Have confidence in your business and believe in what your company does – this will go a long way in earning respect from others and help you to enjoy the journey that much more.

2. Bepersistent.  I think most entrepreneurs know how slim the odds are of their startup eventually becoming a real, substantial business.  I also think that many successful entrepreneurs aren’t afraid offailing – when they believe in their idea they are willing to push to the brink of failure to produce success.  Unfortunately, sometimes in that process, businesses do fail.  That certainly doesn’t meanthat the entrepreneur is a failure or even that it was a bad idea – it could be a number of things that led the business awry (bad economy, lack of funding, market timing, etc.).  A bit cliché, I know,but the important thing is to learn from those failures and use that education in your next venture.

3. Surround yourself with great people.  Having a great idea is one thing (and a hugelyimportant one), but having the ability to execute is another.  When you are looking at building out your team, don’t settle; make sure you get the best and brightest available for the position.  These peoplewill be responsible for turning your great idea into a great business. Get the team you want to build the business you want.

4. Delegate.  Now that you’ve built a team that you are excited to workalongside,use them.  Have confidence in the team you’ve assembled. If you’ve done a good job at gathering the right folks around the table, they should be more effective at their tasks than having...
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