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6 Characteristics That Every Successful Entrepreneur Has

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There are millions of entrepreneurs in the world. Some entrepreneurs own thriving businesses while others are creating startups. Successful entrepreneurs possess characteristics that separate them from the average entrepreneur. These characteristics allow successful entrepreneurs to get better results and get more accomplished in a shorter amount of time. In order to become a successful entrepreneur, these are the 6 characteristics that you need to have.

  1. Persistence. There will be a complaint. There will be a day (and a string of days) when your product does not make any sale. You need to stay strong during these times and know that your business has a positive future. You just need to take it there.
  2. Dedication. This characteristic decides how many hours you are willing to put into your business. By being dedicated and loving what you do, you will spend more hours working on your business than you would if your business was something that you did not like at all. Having a lot of dedication makes going through the bad times easier.
  3. The champion attitude. In order for your business to be successful, you need to be a good champion for your business. You need to be the role model for others to follow and raise the bar higher. Every successful business has a good champion, and you need to be the champion of your business.
  4. Effective time management. It takes a lot of time and effort to create a business. Making that business successful takes more time and effort as well. By having effective time management, you will increase your productivity, get more done, and move your business farther.
  5. The desire for success. We all want and need to be successful. However, the successful entrepreneurs are the ones who have a strong desire for success. This desire inspires successful entrepreneurs to get more work done every day so their businesses become successful faster.
  6. Connections. Every successful entrepreneur has strong connections. In order to be successful, people need to know about your business. Making the right connections can get you referred customers, appearances in newspapers, and more. In order to get more connections, you need to use your social networks.

Those are the 6 characteristics that every entrepreneur has. By implementing these 6 characteristics, you are more likely to become successful and own a thriving business. You will not have a successful business overnight, but by consistently living by these characteristics, you will thrive. What are your thoughts on the list? Do you have any additional characteristics you would like to mention? Please share your thoughts below.

 

5 Reasons To Break Up With Bad Clients

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Difficult Client

Many people make the mistake of focusing on gaining clients instead of focusing on the most important clients. These people believe that they can change every client so that every client becomes a quality client. The problem is that the process takes too much time, and in the end, the client never changes. Ever. Instead of trying to make all of your clients happy, only focus on the clients who are the most important ones you have. Here is why you need to do that.

  1. Breaking up with bad clients will save you oodles of time. Imagine the amount of time it takes to write reports and talk to the client. That can take up several hours every week. Imagine how much time you would save if you could break up with 5 bad clients.
  2. You can focus more of your time on the good ones. Now that you have more time, your conversations with the good clients can get longer, and you can provide more insight in your reports. Focusing on your good clients allows you to treat them like VIPs. Giving them the VIP treatment will encourage them to do more business with you in the future.
  3. Bad clients will not refer you, but the good ones will refer you. In addition to saving more time, you are able to spend more time with the clients who are more likely to refer you to their friends. The good clients are the ones who tell others about what you do. Those are the kinds of clients who you want to talk to, not the ones who do not like what you offer and wouldn’t even think about referring you to their friends.
  4. You get to keep a positive attitude. You probably have a few clients who simply ramble on about their problems and bring you down. Breaking up with those clients will allow you to keep a positive attitude and be a happier person. Not only will this have a positive effect on your business, but it will also have a positive attitude on your life.
  5. It will be easier to get more quality clients. Quality clients are hard to come by. However, if you focus on your quality clients, those clients will refer you to some of their friends. Those friends will most likely be quality clients as well. In addition, you will discover the characteristics that your quality clients have. Then, you can find consumers with those characteristics and tell them about your business.

Those are the five reasons why you need to break up with bad clients as soon as possible. By eliminating the bad clients, you will be able to focus more of your time on your quality clients–the ones who pay on time, make you happy, and enjoy your service. What are your thoughts about breaking up with bad clients?

 

How To Build Your Entrepreneurial Stamina

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Stamina

Every entrepreneur is encountered with the option of giving up. Every business out there has experienced bad days, and many of them have experienced a chain of bad days. However, it is important to note that every business out there means every business out there. Amazon had some bad days as well as a chain of bad days. Let’s not forget to count Apple, JetBlue, Samsung, WalMart, and Whole Foods Market. The difference between these businesses and the ones that feel apart are that the entrepreneurs behind the businesses had more stamina. Once they discovered an idea they wanted to pursue, these entrepreneurs did not back down. In order to see your startup or product become successful, you need to have entrepreneurial stamina.

In order to build your entrepreneurial stamina, you need to respond to criticism very well. Many people are afraid of the critics. Some people act like the zombie apocalypse just happened when their book gets a 1 star review. Others are simply intimidated when someone says that the idea is doomed to fail.

Another way to build your entrepreneurial stamina is to have a vision in place. Where do you see your business down the road? Having a vision can give you the motivation that you need to keep the business open even when all odds are stacked against you. Apple was falling apart, went bankrupt, and only got saved because Bill Gates and Steve Jobs came to the rescue. Bill Gates came to the rescue financially while Steve Jobs came to the rescue with his vision and innovative mindset. Reading stories like Apple’s also helps towards boosting your entrepreneurial stamina.

A big part of your entrepreneurial stamina comes from your desire to do what you do. If you do not like your business, then your stamina will not last long. However, if you love what you do, then your stamina will be stronger. As a kid, Steve Jobs would create, tear apart, and recreate computers for fun. When Steve Jobs founded Apple, he was the head of a business that he loved.

In order to have a successful business, you need to have entrepreneurial stamina during the developmental stages of that business. You need to see the developmental stage of your business as a stepping stone towards success. With this kind of mindset, your business will go far.

 

5 Ways To Build A Strong Reputation In Your Niche

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Business Reputation

The people who stand out in their niches are the ones with strong reputations. When we decide between two products, we look at the reputations of those products and the people who made them. The bestselling author gets more sales than the author who just started because the bestselling author has a stronger reputation. In order to build your reputation in your niche and stand out from the crowd, these are 5 things that you need to do.

  1. Get on social networks, but that also means YouTube! Get on social networks has been shoved down our throats. We need the Twitter, the Facebook, the Google+, the Pinterest, and all of the other social networks as well. However, many people forget about YouTube. YouTube gives you a chance to shine because there is no skimming in a video. In a blog post, you can skim through the content. You can decide which content is important and which content can be skipped over. In a video, skimming is no longer an option which makes the viewer listen to and absorb more of your information. There are also some easy ways to look more professional on YouTube such as a buttoned shirt, better background, better lighting, and a bonus, having a white board behind you.
  2. Appear on multiple places on the web. Whether you are a guest blogger or get interviewed, you need to appear on as many websites as possible. Tell people on your blog that you are available for interviews. Including that on your blog alone will encourage more people to interview you. Being a guest blogger will allow your content to reach a new audience that is similar to the audience that you already have. Being a guest blogger will emphasize that your content is good enough to be featured on other people’s blogs.
  3. Write a paperback book and publish it to the world. Writing a paperback book means you were able to put enough ideas and concepts about your niche together to create a lengthy book. A lengthy book will tell your customers that you know a lot about your niche. As a result, your reputation in your niche will grow.
  4. Be consistent and frequent. Posting on your social networks several times every day, publishing 1 YouTube video every week, and publishing 1 blog post every day will all build your reputation. Consistency and frequency put together will show people that you are putting in a lot of work and effort in your niche. People will have a greater appreciation for all of the things that you do. The more times people see you, the more likely they are to trust your products and services.
  5. Boost your number of followers the right way. It’s easy to catch someone who bought fake followers. However, people will respect what you do if most of your followers are real. The people with strong reputations in their niches are the ones with thousands of real followers, and some of these people have over 100,000 real followers. By boosting your numbers the right way, you will be able to grow your audience of people who respect and admire you for what you do.

Those are the 5 ways to build your reputation in your niche. Although none of these methods can be applied successfully overnight, implementing these methods will have a long-term big impact on your reputation. What are your thoughts on the list? What advice do you have about building a reputation in your niche? Please share your thoughts and advice below.

 

How To Come Up With An Effective SWOT Analysis

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If you want to persuade someone to do something, then you need to master the SWOT analysis. The acronym stands for Strenghs, Weaknesses, Opportunities, and Threats. Using the SWOT analysis can persuade people to do almost anything for your business…if you word the SWOT analysis correctly and send it to the people who would care.

The SWOT analysis is designed to do the following:

  1. Identify what is working. These are the strengths. In your SWOT analysis, you need to start off with the strengths to make everyone feel good about the business. By starting off with the strengths, the weaknesses will be easier for everyone to swallow.
  2. Identify what is not working. These are the weaknesses that need to be fixed. The reason many businesses (and countries for that matter) fall apart is because they do not pay attention to the weaknesses. In order to move forward as a business and an entrepreneur, you need to identify what is not working so you can fix the problems.
  3. Give everyone a big picture of the potential that can be unlocked by moving forward. After hearing the weaknesses, some people will get discouraged. This part of the SWOT analysis is to give people a new level of hope and show them how to make the strengths stronger. This new level of hope can be used to increase productivity among your employees and business colleagues to get better results.
  4. What would happen if we got too comfortable and did not try to unlock our potential. Now that you have given everyone a new level of hope, you need to close your SWOT analysis with the threats. Ending off with the threats will make your employees and business colleagues believe that moving forward in the direction of your vision is the best and right way to go.

What are your thoughts on the SWOT analysis? Please share your thoughts below.

 

Before He Changed The World, Steve Jobs Was “Nervous And Scared” During His First TV Interview

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Steve Jobs had a big impact on the world. He founded Apple, created revolutionary devices, saved his company from bankruptcy, and turned it into a multibillion dollar enterprise. However, there was a point when Steve Jobs had to actually start. When someone becomes as successful as Steve Jobs was able to become, we often forget that there was one point when the company did not exist. Many years ago, there was Steve Jobs but no Apple. Not as far back was a time when there was Jeff Bezos but no Amazon. In addition, we often forget that Steve Jobs is a human being, and at the starting stage, he was “nervous and scared. Rare footage from Steve Jobs’ first TV interview back in 1978 says it all.