Tips to Grow as an Entrepreneur
It’s no secret, successful entrepreneurs are always learning. Whether new to the business world or a seasoned veteran, you should always look for new information about entrepreneurship and trends in your industry. If your goal is to grow your business, here are insights from other business leaders.
Learn the Qualities of Successful Entrepreneurs
Most new businesses fail within the first few years. What do successful entrepreneurs know that others don’t? Loren Fogelman, author and business coach, shares seven key qualities that most successful entrepreneurs have. Determine which of these qualities you may need to improve.
Motivation – You strive to do your very best.
Initiative – You don’t wait for permission to do things differently.
No Excuses – Your drive to succeed overrides your desire to remain in a comfort zone.
Determination – You replace old beliefs with newer ones better suited for the current reality.
Strength-based Approach – Your business emphasizes your strength. Your team plays to individual member’s strengths.
Extra Mile – You step into discomfort when obstacles arise, and consistently stretch yourself even when no one is watching.
Tough Mindset – You take calculated risks and discover ways to push beyond your comfort zone.
Dive deeper into which mindset qualities you possess and which you may need to adopt or improve here.
Read These Business Books for Entrepreneurs
Books are valuable tools to grow your knowledge base and give you an improved perspective on your business. If you’re looking for new titles to add to your 2019 reading list, here are recommendations from Rebekah Radice. BizSugar members also shared book reviews and commentary to help you decide what to add your library.
The 5 Second Rule: Transform your Life, Work, and Confidence with Everyday Courage by Mel Robbins
Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity by Kim Scott
Finish: Give Yourself the Gift of Done by Jon Acuff
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
When: The Scientific Secrets of Perfect Timing by Daniel Pink
Deep Work: Rules for Focused Success in a Distracted World by Cal Newport
Crucial Conversations: Tools for Talking When Stakes Are High by Kerry Patterson
The Compound Effect by Darren Hardy
Dare to Lead: Brave Work. Tough Conversations. Whole Hearts by Brene Brown
The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz
The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday
Good to Great: Why Some Companies Make the Leap and Others Don’t by Jim Collins
Smarter Faster Better: The Secrets of Being Productive in Life and Business by Charles Duhigg
Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek
The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell
The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It
Go Put Your Strengths to Work: 6 Powerful Steps to Achieve Outstanding Performance by Marcus Buckingham
The Art of Social Media: Power Tips for Power Users by Guy Kawasaki and Peg Fitzpatrick
Use LinkedIn to Network
You want to make valuable connections for your business. There’s no better online tool for this purpose than LinkedIn. However, many people don’t exactly know where to start. In this DIY Marketers post, Darrel Frater outlines the process of networking on LinkedIn.
- Search for potential clients by Job Title or Keyword related to the industry you serve to gain contacts.
- Use profiles to confirm that contacts are a good fit.
- Do not use the Connect feature. Send a “Personalized Invite.”
- Craft a captivating, concise message that clearly and simplistically tells each contact why you are reaching out to them.
- Repeat this process.
- Follow up to their response with another well-crafted message.
- Ask to schedule a call.
Find networking details and Pro Tips here.
Follow Business Blogs for Entrepreneurs
Continued learning is the key to better entrepreneurship. Professionals share insights and advice in several business blogs. Reading and following blogs will keep you on top of industry trends and allow you to interact with the professionals. Mike Alton provides a list of great blogs in this Blogging Brute post.
Partner with Other Entrepreneurs
Teamwork makes the dream work. This is especially true when it comes to entrepreneurship. Running a business can be isolating; especially when it comes to financing business growth and lines of credit. This is where Allied Financial Corp can help. “Entrepreneurs financing Entrepreneurs” isn’t just a motto, it’s how we help you get the funding you need to help you grow your business and grow as an entrepreneur.