Entrepreneurship is one of the most popular career choices in the world right now, especially when it comes to IT professionals, which are founders of numerous tech start-ups, as well as millennials in general. According to research, as much as 2.2 million jobs were created by 414,000 start-ups in 2015. Speaking of millennials, the average age at which they decide to start their own business is 27. For comparison, the average age at which baby boomers have started their own companies was 35.
Although entrepreneurship is risky, people are focused on its rewards and benefits, such as the ability to manage their own time, focus on doing what they are truly interested in, as well as not having to wait around for a job or having a college degree in order to build a successful career. In fact, only 39.2% of entrepreneurs hold at least a bachelor’s degree.
Last, but not least, one of the most appealing aspects of starting your own business is the fact that you need as little as $3000 to do it, provided that you opt for a home business. In order to maximize your chances for entrepreneurial success, there are many ways how to help young entrepreneurs. Here is a short list of 11 things all successful entrepreneurs do every day, and which you should incorporate into your daily routine.
1. They Plan Their Day Ahead
According to Ofer Tirosh, the CEO of Tomedes Translation Company,
planning ahead will help you mentally prepare yourself for work. There
will be days when you can’t follow your schedule due to unexpected
activities requiring your immediate attention. By planning ahead, you can
go back to your schedule and keep track of your tasks. Plenty of successful entrepreneurs plan their day the night before, but you can also do it first thing in the morning. Take stock of all the things you need to do that day and schedule the most complex tasks for that time of day when you are at your most focused and productive. Tackling the most difficult tasks is easier in the morning, since you have much more energy.
2. They Don’t Check Their Email Right Away
According to James Hudson, who works as a manager for AssignmentGeek, checking your email right away is one of the worst things you can do from a productivity standpoint since it’s very easy to get distracted and answer all those emails when you should be working on developing your business. Wait until you have finished at least one of the more difficult items from your list, and then check your email around 10 AM.
3. They Know the Value of Introductions
Being successful as an entrepreneur is not just about how much you know, but who you know, as well. Every time you are introduced to someone, there could be good reasons behind it, and you should seize the opportunity to make the most of it and form a meaningful connection. According to Katherine Fordham from Paper Writing Pro, their business owes its success to networking and positive word of mouth.
4. They Read a Lot
Lifelong learning is something that is almost mandatory in this day and age. If you are serious about staying ahead of your competitors and making your success last, you should be improving your knowledge constantly by reading industry-related books, as well as listening to podcasts, attending seminars, and adopting other relevant skills which may come in handy for your company.
5. They Set Goals
By setting goals, you will be able to keep yourself in check and stay on the right track. Although some may think it’s counterproductive, setting goals on a daily, weekly, monthly, and yearly basis makes even the most complex endeavor less scary and complex. Also, sticking to your goals makes you more productive, which inevitably leads to success.
6. They Are Around Great People
We are not just talking about surrounding yourself with capable co-workers, but also with great people outside of your work as well. Family and friends play a huge role in your life as a support system, as well as to offer constructive criticism and motivate you. That being said, you should also get rid of those people in your life which are destructive.
7. They Maintain a Healthy Lifestyle
Being an entrepreneur requires a lot of hard work and energy, and even if you are pretty capable of burning the candle on both ends, you should make sure to take care of your body and your overall health. This means opting for better food choices, exercising regularly, and getting enough rest, so that you are able to face a new set of challenges the next day. Body and mind go together, and if one is suffering, the other will too.
8. They Never Multitask
Multitasking has been debunked as a myth. Instead of getting more things done in less time, you get distracted by a task, and then switch to another, and wind up not doing much at all, because your focus keeps shifting. In order to stay productive, focus on a single task, complete it, and then move onto another. Also, if possible, you should also delegate some of your work in order to minimize distractions.
9. They Are Persistent
Running your own business involves working overtime, pushing the envelope, and at times, failing, but that is all a part of the learning process and a stepping stone toward success. Failure should not prevent you from getting up and trying again while learning from your mistakes at the same time. Everyone sees success, but they don’t realize how much hard work is behind it.
10. They Do What They Are Passionate About
Loving your job and being passionate about it is what gives you the energy and motivation to get up every morning and try your hardest. Burning the midnight oil doesn’t seem as hard then. Ultimately, you get the satisfaction for knowing that you are in full control of your own success.
11. They Outsources
Building a great team around yourself is awesome, but you may not be able to afford something like that early on. But you will need to work more in order to grow, so what do you do? The solution is to outsource some of your work and not spread yourself too thin. Fortunately, there are plenty of capable freelancers out there which can get things done for you at an affordable rate.
As you can see, being a successful entrepreneur requires you to make the most out of each day and work hard. But, if you decide to implement these 11 tips, you will have a much easier time doing so, and your business will thrive as a result. Good luck!
Lauren Adley is a writer and editor at AustralianWritings, College Papers. She is dedicated to her family, work and friends. Also, she had been dedicated to Brill Assignment for a long time. She is keen on reading, playing the guitar and traveling. She is interested in educational, marketing and blogging issues. Feel free to connect with her on Twitter and Google+.