Entrepreneurs know what they don’t know

If you want to know what your strengths are, you need to start with learning what your weaknesses are.What are you not good at. What don’t you know. What don’t you have experience in.Sometimes success leads to an over-inflated estimation of your abilities.Sometimes the culprit is just plan lack of self-awareness.That’s why being humble and…

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Entrepreneurs are self aware

You must be yourself. You can only be yourself if you know yourself.You can only know yourself if you keep pushing your limits, keep taking risks, keep falling and getting up again.Most people know how to handle good times. The trick is knowing how to handle bad times.More important than how you handle adversity, how…

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Entrepreneur advice for matriculants

Congratulations! You’ve passed matric.Maybe a bit hungover, definitely very relieved.You’ve made it, you’ve arrived, all plain sailing from here.Bad news: Now you must prove you can be a success in life.Success comprises three things: Focus, hard work and luck.Most people agree that luck is a function of work ethic. The harder you work, the luckier you…

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Entrepreneurs choose their friends

Jim Rohn once said, “You are the average of the five people you spend the most time with.”Which means you must choose your friends carefully. They will either drag you down or make you a better person.Most people only get to choose friends when they’re 18-years-old, after you leave school.Until then your friends are the people you…

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Entrepreneurs smile and wave

No matter what happens along the way, remember this:Smile and wave.An entrepreneur has a small circle of trust. Within that circle he can share his trials and tribulations.He can share his setbacks and weaknesses.He can be vulnerable.Outside that circle an entrepreneur must always have his game face.Putting on a smile and waving to the crowds…

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Entrepreneurs make it look easy

Starting a business is not easy. Running a business is not easy. Being an entrepreneur is not easy.No one said it would be easy. You have to make it look easy.“It takes a lot of effort to make it look effortless.”Some people enjoy sharing the problems of their job/company/life. Don’t ask them how they are because they’ll…

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Entrepreneurs are not proud

An entrepreneur makes it look easy, and always has his game face.But that doesn’t mean an entrepreneur is “proud”.Pride is an attribute of the weak and insecure.An entrepreneur is confident and self-assured. If he needs help, he asks for it. If a friend asks how things are, he doesn’t lie and say, “Perfect”, when things are…

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Entrepreneurs never show doubt

As an entrepreneur there will be many times when you’re stressed. When things are not going your  way. When you doubt your path.The trick is to never show your doubt. Never show the strain. Put on your game face and carry on.People are watching. Investors, bankers, suppliers, partners, staff.If you show doubt, they’ll start doubting. If they start doubting,…

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Entrepreneurs don’t make excuses

“My kids didn’t sleep lastnight.”“I have a stomach virus.”“Interest rates went up.”“The Rand collapsed.”Blah blah blah.If you fail to achieve your goals don’t make excuses.Own your failure.Miss gym because you slept late? Lost money because you invested in the wrong company? Hired the wrong staff?Whatever it is, don’t point fingers. Own it.“It is my fault…

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Entrepreneurs always have their game face

Sometimes you wake up dreading the day.Maybe there’s bad news waiting at office. Maybe you have to fire someone. Maybe you have collect debts. Maybe you’ve run out of cash.You simply don’t want to go to office. You don’t want to smile, or look confident, or deal with people.You want to crawl under your covers…

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Entrepreneur books for 2016

The Hard Thing About Hard Things by Ben HorowitzThis is the first book to read before you start a business. Start-up life ain’t all rosy. There is a price to pay. Blood, sweat and tears with no guarantee of reward. Being an entrepreneur is definitely worth it, but be sure to read Ben’s book before…

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Entrepreneurs avoid the wrong staff

You should always try to not hire staff. Staff bring headaches and overheads.Sometimes you simply must bring on help. You can’t do everything yourself or be everywhere yourself.Be careful.Bringing on the wrong staff can be expensive and hurt you. Company morale can be quickly damaged by a bad apple, especially in a small startup.Don’t be…

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