Entrepreneurs have a plan      

Its no good just having a dream, or a vision, or an idea.Things don’t happen by prayer (although its worth praying to hedge your bets).Things happen by plan.You need a plan to make your idea a reality.A plan will give you a feel for how much funding you need, which partners you need, who your…

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Entrepreneurs are happy

Some people think the purpose of life is to be happy. Maybe they’re right, maybe not.What is certain is that entrepreneurs need to be happy.Being happy attracts good things. Opportunity, clients, people, are like moth to a flame.  You want a happy flame.Being happy exudes good energy. Being unhappy exudes bad energy.Like attracts like. You…

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Entrepreneurs have a safety net

Some people are lucky. They’re born into a family that will catch them. Or they’re blessed with good looks, or a photographic memory, of an uncle in the furniture business.Their safety need was inherited. Good for them.Most people don’t have that luck. They have to make their own safety net. Save money, get a professional education,…

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Entrepreneurs don’t need compliments

Some people need external validation to feel happy. They’re always telling you how hard their job is, how many hours they work, how difficult their kids are.Always fishing for compliments, always looking for validation.These people are not entrepreneurs.An entrepreneur doesn’t need people to be impressed. He makes it look easy.He knows it doesn’t matter what…

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Entrepreneurs innovate

To stay ahead of the pack you need to be innovating.Innovating is not a willpower thing. You can’t force yourself to come up with new ideas and unique products.Innovation comes from the intersections of ideas. You need to create an environment that maximizes the odds of finding intersections.The ingredients are: People Surround yourself with smart,…

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Entrepreneurs learn in the real world

School gives you a lesson and then tests you.Life tests you and then gives you a lesson.Studying, reading and learning from others is the best way to avoid making stupid mistakes.But sometimes there is no way to learn something other than through practice.Sometimes there’s no alternative but to practice in the real world.That’s why entrepreneurs need to…

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Entrepreneurs can balance extremes

An entrepreneur must walk the line between extremes: Too much ego or too little ego It’s obvious that having too much ego is a sure-fire way to fail. But if you have no confidence you will also fail.“Arrogance is like salt on a pizza. Too much and you ruin it. Too little and there is…

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Entrepreneurs don’t lie

Its easy to lie, especially when you have the gift of the gab (like most entrepreneurs do). Here are some tricks to stopping yourself from lying: No secrets Be known as the guy who never keeps a secret. When a friend or a stranger tells you a secret, immediately tell everyone you know. Make people…

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Entrepreneurs have good manners

It doesn’t hurt to have manners. Sometimes manners even result in revenues.Open the door for ladies. Ask to take off your jacket before sitting, especially for home games. Offer to make coffee, especially for away games.If someone is offended by you having good manners, you don’t want to do business with him.Good manners are a sign…

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Entrepreneurs read

You have to read. Even if you don’t want to be an entrepreneur, you have to read.If for some reason you hate reading, sorry for you. But don’t pass the curse to your kids.Give your kids the love of reading. Have books in the house. Pretend to enjoy reading (your kids do what you do,…

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Entrepreneurs know what their mission is

Simon Sinek has a well known TED talk called “Start with why”.In it he talks about how the best leaders always have a mission, and they explain that mission to all new staff, and remind the company always of their mission, always ensuring everyone knows “why” they’re doing what they’re doing.This enables autonomous behaviour because…

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Entrepreneurs know why they do what they do

Is it the money? Is it the fame? Is it the power? Is it the girls? Is it the boys? Is it to save the world? Is it because you can’t get a job?It doesn’t matter. The only thing that matters is that you’re honest with yourself.Why are you starting a business? Why do you…

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