Entrepreneurs tend to take more notice of which way the wind is blowing.
Look for some of the unusual things entrepreneurs do
It is now well known that entrepreneurship attributes are important things to have in any business, non-profit or community.
The challenge of entrepreneurship goes beyond their basic characteristics they have quirks and mannerisms that you can learn from. Take time out to make a closer study of an entrepreneur in action.
Entrepreneurs are rarely out to seek fame for themselves. Instead, they’re more concerned with the people they want to help or the problem they want to solve. This permeates their approach with a layer of meaning that can be the difference between success and failure when problems and struggles seem overwhelming.
Entrepreneurship is an approach to life that favours creativity over conformity and action over inaction.
Entrepreneurs are fearless. They might look like they are taking risks, but they have quietly worked things out before you become involved. Entrepreneurs are only moderate risk takers, not the fool-hardy maniacs we see on television
Entrepreneurs know that there’s no such thing as a risk-free project, which is why you will find that they go quiet until they have a solution to offer. They are assessing the risks.
Entrepreneurs generally have good coping skills. Something you can depend on is that things will go wrong from time to time with everyone. When things do go wrong, watch how the entrepreneurs you know cope. You might sit around wallowing in despair, whereas entrepreneurs tend to quickly take stock of the situation, and quickly identify an acceptable course of action and implement some sort of action.
Psychological processes involved in acquiring and understanding of situations, knowledge, the formation of beliefs and attitudes, and decision-making and problem-solving, are distinct from emotional processes involved in simply wanting and intending.
Time management is not just a behavioural skill. It is cognitive too. Thinking and mindsets play a big role in determining your results. Knowing how to cope with setbacks will help you bounce back quickly and reduce the amount of time lost when things go wrong.
They keep one eye open for new ideas and opportunities. You will notice entrepreneurs are not afraid to open another door, to read a label, to look behind something, to move something into a new position. If you watch successful entrepreneurs you will notice that they are constantly figuring out how best to overcome the obstacles and challenges they encounter, even when they are supposed to be relaxing.
They always see problems and frustrations as opportunities. This is why they will keep generating new ideas and opportunities. You will find they are constantly finding new ways to make their ideas and solutions work even better.
Don’t expect perfection. While entrepreneurs take pride in their work and the outcomes they deliver, they are not that interested in perfection. They would rather deliver something that will keep things moving and make final adjustments after something is in and working.
You will notice entrepreneurs are more action orientated and they don’t let procrastination slow them down.
“Move fast and break things. If you’re never breaking anything,
you’re not moving fast enough”. Mark Zuckerberg
Entrepreneurs invest in themselves. They invest in their personal skills development. Entrepreneurs usually value self-development and invest their time in resources that will make them better. My personal library was valued at over $250,000 over 30 years ago.
They also know the value of constantly learning, as It’s the only way to stay on top in our global marketplace and the impact of exponential growth in new technologies.
Entrepreneurs will around the clock if that is what it takes. Entrepreneurs tend to work around the clock, doing what has to be done, not putting things off until to tomorrow. They always have other things to do tomorrow.
They can become obsessed with a particular project because they can visualise the possible outcomes and the positive impact they will have.
Enthusiasm is a hallmark of a successful entrepreneur. Nothing is ever impossible and they attack every new project with enthusiastic passion, while others sit back and contemplate their navel. Rarely do I find an entrepreneur who is not motivated.
Real entrepreneurs will shamelessly promote themselves and their ideas. Donald Trump, Sean Combs and Steve Jobs. What do they all have in common? They are relentless self-promoters. They will spare no opportunity to promote themselves and their businesses. While the mere mortal would prefer to remain nameless and faceless, the entrepreneur is constantly scoping out new opportunities to put themselves out there.
What are the ideas, opportunities and projects you are promoting to take you forward?
They will face danger with confidence in their ability. Just like a superhero from a comic book, entrepreneurs smile in the face of danger. Unlike mere mortals who see problems and disruptions as a sign to throw in the towel, entrepreneurs embrace murky waters. They look forward to danger as just another challenge to conquer and another great story to tell.
Entrepreneurs like to know where they are going and what is expected of them. They believe in the clarity of their purpose, vision and objectives. This allows them to align all their activities and focus their attention. Creating a vision for your business and your life is important, but understanding the ‘why’ behind your vision is fundamental. Your why is what drives you, it’s what keeps you going when the going gets tough and others give up.
They are renowned for their fast problem-solving and decision-making attributes. Watch them carefully and see how they approach a problem, then join up the dots and take action.
Obviously, you love your ideas and your ways of doing things, but is there a better way and how quickly can you connect the dots and come up with a solution? Your best ideas connect when you share challenges.
They have no problem investing in themselves. They know that in an uncertain world, the only person you can truly depend on is yourself, so that’s who they invest in.
While the mere mortal invests their hopes and financial security in their job, and the government, an entrepreneur diversifies their investments with the highest investment being placed in themselves.
Entrepreneurs know they can’t do it all alone. This is why the successful ones are obsessed with improving their value chain and to do this they must be obsessed with delegating and outsourcing. They tend to focus on what they are good at doing and like doing, and they outsource the rest.
They know the value of good advisors, coaches and mentors. Successful entrepreneurs cultivate good relationships with people who can help and leverage what they do. They know there is too much to know in a modern world and are they become obsessed with staying on top of their work.
When the going gets tough they get up and get going. Entrepreneurs don’t give up easily, they persevere through adversity and failure. They see a mistake or failure simply bringing them one step closer to success. They view failure as a natural part of the process you goes through while in the pursuit of good outcomes.
The mere mortal has a very different outlook on failure. They are risk-averse and as a result, they avoid risk because they are falsely led to believe that failure is a recipe for disaster. The entrepreneur understands that the entire economy is built on the cycle of risk and reward, therefore without risk, there is no reward.
Entrepreneurs are always seeking new ways of doing things. The conventional wisdom is often thrown out the window as they strive for a better solution.
They know that conventional wisdom and rules can hold them back and can inhibit progress. This is why they are quick to challenge the status quo and defy those who say certain things can’t be done.
“Everyone is trying to accomplish something big, not realising that life is made up of little things”. Frank Clark
They believe in delegation and outsourcing. They like to work with people smarter than themselves. Entrepreneurs above any other trait are leaders and will be more likely to attract people who can help. While others more often than not prefer to surround themselves with people less intelligent and less capable than them.
They understand that in order to be the best, you must work with the best people they can find. Take note of how they bring good people together to solve problems and put some real grunt into projects.
They are not frightened to put forward seemingly stupid ideas. When you watch entrepreneurs in action you will find they will talk about a lot of seemingly unrelated ideas, even rubbish. This is because they know they have to churn a lot of material before something clicks. They also know that when you actually verbalise something it has a different impact on your thinking.
Why not take your dog out into the middle of a park, and in a loud voice tell the dog about your great ideas and the great way forward. Now listen to the rubbish that comes out of your mouth and the clarity it brings.
If you’re not happy with your current situation, change something today.
They are always in a hurry they want to build the future today. Entrepreneurs are forward thinkers. They see the future, expose it to the world as they see it and are prepared to act on their ideas quickly. You will always hear them talking more about what can happen in the future than what has happened in the past. They are more proactive than reactive.
By understanding the positive and futuristic approach to issues taken by entrepreneurs you can begin to apply a more positive approach to everything you do.
Entrepreneurs know and play to their strengths. They concentrate on what they do best by playing to your strengths and they hire the best people they can find.
You will rarely hear them talk about their weaknesses as they know if they can’t delegate or outsource them they will not have enough time to fix them. They are too busy working on the good things and they use their strengths to drive outcomes.
They like working in an ecosystem. While entrepreneurs are always seeking new challenges they like working in a familiar ecosystem. They like to explore big problems by going deeper and deeper into the surrounding issues, looking for new angles.
While entrepreneurs are very creative, they do limit the scope of things they like to be involved with and apply themselves to finding solutions. That doesn’t mean they won’t suddenly pop out a good idea or two to help someone.
It’s the little details that are important if you want to make big things happen.
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While this is a long list, I wanted to give you plenty of things to observe and practice when it came to applying yourself to utilising entrepreneurial attributes.
There is no doubt in my mind that working alongside entrepreneurs will cause something good to rub off in the way you approach things and your business and your lifestyle will generally change for the better.
If you carefully study and look for the differences between successful people and the not so successful, you will discover the differences are in the small things. The successful people seem to always do things a little differently.
Success doesn’t magically appear one day. You won’t wake up and one day and all your goals suddenly become reality. No, success emerges out of the small daily habits and actions.
Don’t be distracted chasing ‘magic bullets’. Don’t forget that a successful lifestyle takes the time to materialise and mature. Understand that success lies just outside your comfort zone.