What you need to be a Successful Entrepreneur

Successful Entrepreneur

Have you ever wondered what it is that all successful entrepreneurs have in common?

What is it about them that makes them successful when others fail?

Do they have special tools, knowledge, or something else that the rest of us do not have?

Eight traits of a successful entrepreneur

First, let’s look at the traits of successful entrepreneurs. Most successful entrepreneurs have these traits in common.

  1. It seems most successful entrepreneurs have the determination to withstand the pressures of having to work on several goals at once.
  2. You have to be able to communicate your ideas and wishes well in order to succeed you need to be able to make others see your vision.
  3. You will find that most successful entrepreneurs have a lot of self-confidence. This confidence allows them to see the opportunity and not a challenge that most of us see it also allows them to understand the bigger the challenge the bigger the rewards are.
  4. Continued education. The successful entrepreneurs crave education and never stop learning. That includes lessons when they fail at something; it wasn’t a failure if they learned something about the situation. They are not afraid to fail.
  5. Passion for their field. Whatever their business is they are passionate about it. Passionate enough they can handle the added stress of building the business without it crumbling and collapsing.
  6. Great at networking. They tend to network well and if you do not know networking the basic is to help people who can help you now or in the future. An example you are not ready for marketing but you provide a service or help to a marketing consultant for not cash but help in the near future when you are ready to market. You never know what kind of service or people you will need help from either.
  7. They can easily adapt to the situation. If they need black ink but are out of it, for example, they can adapt and use another color or run to the nearest staples for a black ink. Yes, that is a very simple and basic example.
  8. Understand their money situation. They understand how much money they have and what they can spend for a certain project or goal to get to where they are going. They also know how to get more capital whether it is investors or bank loans.

What tools are needed or used by entrepreneurs?

 While traits go a long way in being successful; there are tools that can also help and you will find that most successful entrepreneurs will use them.

Let’s take a look at some of those tools:

  1. Smartphone or tablet so that they can keep appointments, goals, to-do lists, and contacts all in one handy place.
  2. Backups, most successful entrepreneurs will use automated backups. This saves time and headaches if hard-drives get damaged, computers such as tablets get lost or stolen and so on.
  3. Networking both online such as LinkedIn, Facebook, Twitter, and even Pinterest but also visit your local chamber of commerce where you can meet like-minded people who share your interests.
  4. Online banking allows you to know your finances at all times if your bank does not provide online banking (pretty much most do now) then it may be time to switch your banking.
  5. Access to your money. Using business credit cards has come far since they started. Many will offer you something in return for using them such as cashback, frequent flier miles, etc. Just understand the offer before you accept the card. The companies will also charge minimal fees to get you to use them.

So there are 5 essential tools for even more tools you can use you can check out these.

Business resources for you

We have put together a list of business resources for you.

  1. Your local Chamber of Commerce
  2. Small Business Administration tools including loans to help start and grow your business.
  3. Employment Law Information Network provides information on employment laws.
  4. GoPayment allows you to accept credit and debit card payments on your smartphone.
  5. FedStats helps in your market research with statistics from more than 100 federal government agencies.

For more resources check out entrepreneur.com

You also need to stay abreast of new digital marketing trends and tools that become available every day. Another resource to look at is mobile marketing tips.

Follow the tips and resources, build on your traits and you too can be a successful entrepreneur.

Lucia Patterson is the woman behind TheLegalGuides, a blog solely focused on legal guides, tips, and advice. Lucia loves essay writing and blogs at EssayWritingGuides from her college days.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Email

Best Way To Earn Passive Income In 2020: Email Marketing

If you’ve done it well enough and offered something of value for free, then a bunch of people will opt-in. Now you have their email address and contact info and you can follow up with them for the end of time or until they unsubscribe.So, its important to give out some sort of free gift that you give to people in order to get their email. Okay. Emails- All You Need to Know:  So what is your free gift, what are some things that work, really? Free ebooks. I'm sure you've seen those: “download our free report on __” For example, the eBook that I was circulating as a free gift was – “The 11 questions to change your life”.And then if people liked it (in a lot of cases they did), they want more and I give them an offer from my best Journal course, so there you know after they got it all they can get my best Journal course. So this is a very simple, opt-in I put 11 questions down and I give it away for emails (Shopify product research). Now, this right here has brought in probably ten thousand email addresses and, people have moved or they've unsubscribed or I’ve deleted them.Like I talked about earlier, but just from this little book right here I was able to generate a lot of income. Now I have their contact. So whenever I have a new video out, I know that they're interested in self-growth. So maybe if it's a self-growth video, I'll shoot it out to them. Or maybe if it's like a new offer I have, I'll shoot it out to them. Checklist: So anything like this, which is sort of like a free book and I say its more of a checklist, which is the second thing that works really well - you can do a checklist. I know some big entrepreneurs who were like to get the free YouTube checklist. Okay, like the five things to grow your YouTube channel get for free.Checklist and you take their email through email marketing and then you send it to them and it's all automated. Another thing that I'm a big fan of its free membership sites and. For instance, I’ve had one in my Facebook Community for YouTube entrepreneurs. It's pinned in the description there. And so it's like a gear list, a list of stuff you use or a quick start guide and the goal with your free report or your free opt-in or your baits is to get people immediate results.A good question to ask yourself is, what's like something that your audience could take action on open and get immediate results on in like 10 minutes. So you don't want your free report to be like an entire book, right? Authors will say get my first chapter for free, you don't want your free report to be like just mega long, although it is a strategy, I'm not a fan of it. If I get a free gift, I want it to be immediate action.So here is like gear favorites for it and conveniently these are all affiliate links, which is also cool, because even if they don't buy anything from me, down the road and they still get some good info if they want to buy something for themselves. Well, I make a commission on this. So that's a cool way you can cross-pollinate your income streams.I’ve built a multitude of free gifts and distributed them to my subscribers through click funnels something that they can do in 10 minutes or look at in 10 minutes, something that you can put together super quick even in like a Pages document or a Word document or a Google Document and just export it to a PDF. But don't spend too much time on this, the goal is to just get something up that you can start giving away to people to collect their emails through the email marketing. Best Way To Earn Passive Income: Email Marketing Lastly, when it comes to email marketing is for you to have multiple lists. This is because people have different interests. The people who are interested in YouTube, they're not guaranteed to be interested in personal development, for example.They're not, into maybe saving and investing and so if you talk about multiple things on your Channel, blog or your brand you want to segment your list as much as possible. Okay, so just try to narrow it down to people who like tennis or people who like golf or people who like swimming if you have a sports club or something like that, because of the tennis people are getting swimming tips. They're going to unsubscribe.They're going to get pissed off and that makes sense because you signed up for tennis not swimming. So as much as possible whatever that is in your business, try and segment your list as much as possible. And so that's why I have 20 lists of them have 300 people and some of them have 6000 people.Read Also:Pittsburgh Sportsbook Is Now Available At Parx Casino In Bensalem, PA 3 Top Tips to Keep Your Eyes Healthy

READ MOREDetails
Business Marketing

Explore Some Interesting Marketing Trends for Your Business in 2018

How effective is your business marketing strategy? Have you been successful in staying abreast with the latest marketing trends? Have you been implementing effective strategies for measuring your success? If the answers to the above questions are no, do not lose heart. You are certainly not alone on this count. Several small businesses and SMEs do not even bother to find out if at all their business marketing tactics are working successfully. Here we would be examining some of the latest business marketing trends that are dominating the scenario today. You are advised to follow these strategies for gaining incredible business success. Tune Your Market Strategy :A small segment of business owners is aware when their market strategies are tanking. This could happen due to lack of planning, poor planning, haphazard attempts at success and no foresight. Successful digital marketers know that a large portion of their budget must go into content marketing on blogs, social media, and emails and so on. Good content must be created and promoted so that the business is noticed and can take off. Plan, Plan, PlanLess than 40% of businesses have effective content marketing strategies in place. Some fail due to poor quality content, others because they don't target their audience properly. A good marketer always tracks activity through each stage of the funnel and ensure that the strategy is fine-tuned when things go wrong. Tracking & Measuring : How to gain marketing success digitally for your SMEs could still seem to be a mystery for many of you. A huge percentage of small business entrepreneurs, as much as 46 percent to be precise, actually do not have any idea if the marketing strategies for their businesses are effectively working or not.Thanks to the present cutting-edge technologies, you are in a position to keep on tracking all your marketing returns, expenses, and debt.  For example, you could today find out exactly how much it would be costing your business for acquiring a new customer. You must consider all dollars diverted toward various areas of marketing including social media, website, blog writing, trade shows, direct mail, paid social, etc. you must consider factoring in all you have already spent on all these important marketing elements and then divide the amount by the number of new clients you acquire every month. Moreover, you must find out from exactly which marketing channel you are able to get new clients and more inquiries. It is imperative to consistently track ROI. Social Media Marketing Is Currently the Rage :As per a recent study, it has been predicted that 2018 is surely going to be the year of intense social media promotion and marketing. Among the SMEs, an impressive 71 percent is expected to gain new clients by using social media platforms effectively for marketing their brands.  This present marketing trend must be given a lot of importance and most entrepreneurs are appreciating and understanding the effectiveness of social media marketing. Social media is certainly one of the hottest business marketing trends.Facebook is obviously the prime choice for small businesses as 79% of entrepreneurs would be using Facebook in all their marketing endeavors. Will your business be benefitted if you incorporate the social media marketing plans into your business strategy?According to some Facebook exponents, Facebook success is all about going mobile.  If you wish to maximize the impact of Facebook in the marketing and promotion of your business, you must dedicate all your efforts at generating and delivering everything mobile-friendly. Virtual Reality Is Common : Virtual reality is gaining importance by the day and is, therefore, becoming a common marketing tool for both small and big brands. The actual challenge would be to utilize Virtual Reality or VR in such an effective way that it really makes sense for both your target audience and brand messaging in general. VR marketing actually is an emerging trend and now is the right time for exploring the options that are available to you and getting well ahead of the competition. More Dependence on Interactive Content : Several brands, particularly in the B2B sector are relying heavily on PDF content or blog content for generating leads as an integral part of content marketing tactics for their organizations. 2018 is going to be the year of interactive web experiences which ultimately help in boosting engagement. These experiences would be demonstrating amazing thought leadership content definitely in more impressive, visual, and animated ways. Pinterest :Pinterest is actually regarded as a niche social networking site. However, it is forecasted to be a huge success. The best way of grabbing marketing attention is by utilizing Pinterest Lens and its versatility and functionality for engaging effectively with consumers and showcasing your mind-blowing style, products, and services. Artificial Intelligence : Early exponents of AI or Artificial Intelligence have categorically realized the efficacy of AI in boosting user engagement. However, incorporating AI into any site’s chatbox such as the Facebook messenger could be creating more creativity and it also helps you to understand clearly the target market of the brand. Artificial intelligence would be addressing consumer needs and issues with perfection and the same degree of efficacy as a human agent. Remember it would be quite effective and helpful if the artificial intelligence experience absolutely delights your customers in basically lighthearted and fun ways. Conclusion : This year marketing trends have focused on honesty and authenticity. The latest marketing trend is to focus on stark reality or brutal honesty and this marketing trend is winning a lot of acclaim and appreciation. Marketers could discuss their products and explain clearly how advantageous those products or services are. They must, at the same time, tell their target audience the scope for improvement and the flaws that may still exist. All these statements could be supported by truly objective customer reviews. Authenticity for brands is the hottest marketing trend today. Around 86 percent of the customers feel authenticity is of utmost importance while deciding and evaluating the brands. Around 60 percent of consumers believe that user-generated content is the best form of authentic content.Read Also :Marketing – What’s Right For Your Business? Know Why Content Marketing Is Important For SEO Digital Marketing: Utilize Facebook To Support Your Hospitality Business

READ MOREDetails
buy and sell

Transacting Safely In Craiglist

Craigslist is used by many to buy and sell stuff due to its simple interface. You can find almost anything on it. However, due to the large scale of transactions occurring, it is hard to keep track or even find out the credentials of the parties to the sale or the authenticity of the things being sold.To help you in maneuvering around the site, here are some tips for a safe and meaningful experience on Craigslist. Conceal Your Identity In Craigslist, you are given an option to either use your true email address or use the one provided by the site itself. Choose the latter. It’s safer to use the proxy e-mail as it can prevent scammers from accessing your real e-mail address.However, when you respond to someone, your true e-mail will then be exposed. You can opt to create an e-mail solely for Craigslist. Use ones from Mailinator, Gish Puppy, etc. to hide your true identity and preserve your anonymity.In addition, do not reveal your location or residential place. Always remember to remove geotags from the photos before you put them on Craigslist. Thieves and scammers can use programs that can read the information on location that are hidden in the file header. For starters, use the EXIF geotag removal app before posting online.Aside from contact details, do not also give in to requests that can reveal any personal or financial information. Some scammers will ask you to submit “credit checks” and such is a big no-no since they can get credit card information from it. Money wiring services is also often used by scammers.The best way to handle Craigslist transaction is by meeting in person and using cash or PayPal as a mode of payment. To See is To Believe Never buy something in Craigslist without seeing it personally. Scheming sellers can get photos online of items in good condition when in reality, the one they are selling is not in top shape anymore. You see this a lot when people sell their iPhone's and you will be disappointed to see a different item when you receive it via courier.Read also: 8 Incredible Tricks That You Didn’t Know Your IPhone Can PerformWhen you do meet the buyer or seller, make sure that you are in a public place. Coffee shops, restaurants, and other places with lots of people are good locations to do the transaction. It is also advisable to bring a friend who will act as a witness to the entire sale. Do not leave your cellphone behind and make sure that at least one friend or relative knows when and where you will meet the buyer or seller.Craigslist actually recommends that parties deal in person by advising sellers and buyers to deal with people locally whom they can meet in person. Not A Dating Website Though some people do it, Craigslist is not the best place to find potential dates. There are other free dating sites like Plenty of Fish and OK Cupid, plus applications like Tinder, that you can use to find a date. These sites and apps have specialized privacy and security settings that are just not available in

READ MOREDetails