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Entrepreneur Tip 29: Successful Leveraging

We need to leverage on business partners with the relevant skills and competency to support our endeavors. Entrepreneurs need to leverage on each other’s strengths to gain a better and stronger competitive advantage over the competition.

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Entrepreneur Tip 28: Capitalizing On Every Contact

Use your contacts, use your employee’s contacts and use your contact’s contacts. Do not be surprised if you find out that less than 30% of your contacts are actually useful to you. This is because you may have plenty of contacts, but most of those are probably just general contacts, not contacts for important people in their respective organizations. Remember to thank all the contacts that help you, because chances are they’ll probably be helping you again in the future.

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Entrepreneur Tip 27: Finding The Necessary Leveraging Partner

Find a leveraging business partners who have the skills, discipline and drive to succeed. A successful entrepreneur will know how to use these 3 main criteria to determine who should they bring on board.

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Entrepreneur Tip 26: Entrepreneurs Leveraging Partner

Entrepreneur must be able to build a network of strategic partners and start leveraging on each other’s strengths . Leveraging is crucial for the entrepreneur to reach wider larger market and consistently be hands on with the competition.

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Entrepreneur Tip 25: Setting The Right Targets

Setting a company’s target has to be practical, achievable. A target should always be attainable yet challenging. With this a target is set to be a goal to achieve as well as a challenge to the entrepreneur himself and the whole team.

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Entrepreneur Tip 24: Entrepreneurial Commitment

In order to succeed in your business venture, an entrepreneur and its team need to have the same commitment level. Both the entrepreneur and their team members must be ready to sacrifice physically and emotionally and stop for nothing until the goals are achieved.

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Entrepreneur Tip 23: setting The Right Entrepreneurial Goals

Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way. The right goals always follow the SMART system, S-specific, M-measurable, A-attainable, R-realistic, T-timebound.

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Entrepreneur Tip 22: The Flexible Entrepreneur

A successful entrepreneur is a flexible one, those who are OK to use different or strange methods to get to your goal. OK to take a break for awhile if you find it very difficult. The one who is willing to bent and play to achieve the stated goals.

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Entrepreneur Tip 21: Will Current Economy Determine An Entrepreneurial Success

NO. An entrepreneur do not depend the result of his businesses on the economy forecast. What makes a successful entrepreneur is the persistency of pushing towards their results despite the circumstances. IF the circumstances are difficult, it means they just have to come up with something smarter to take on the circumstances.

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Entrepreneur Tip 20: Developing A Business Idea

•    Cater to a niche market
•    Find the emotional connection
•    Research

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Entrepreneur Tip 19: Identify A Business Idea

•    Get a business idea that is desired by the market
•    Make sure the idea always has room for innovation

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Entrepreneur Tip 18: Aligning Goals and Mission

Remember, your mission could ultimately be very different from your goals. But if you feel that your mission is the correct course action to take, and then change your goals to reflect your mission! Ultimately, you could end up very regretful if you just map out your goals without having a clear mission.

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Entrepreneur Tip 17: Discovering An Entrepreneur Mission

we are not really motivated to reach our goals because we haven’t found our true mission yet. Without a true mission goals can just seem like something written just for the sake of it. To discover a mission is to understand the purpose of your businesses, a true purpose behind your business and organization establishment

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Entrepreneur Tip 16: Solidify The Entrepreneur Vision

Visions should be personal and be directed to each individual to create maximum impact. Jim Collins, the author of “Good to Great” and “Built to Last” defines a corporate vision best. He defines it as “The reason for an organization’s existence.”

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Entrepreneur Tip 15: The Entrepreneur’s Vision

Vision is what keeps an organization focused. It has to be clear, short and easily understood.

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Entrepreneur Tip 14: Entrepreneur Positive Behavior & Affirmation

An entrepreneur need to be dominant, their strength in characters and behaviors is reflected through their works and results. An entrepreneur need to be remain positive all the time and with such forceful characteristics the entrepreneur is a person who take action all the time and affirm themselves with results.

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Entrepreneur Tip 13: Get Inspired The Right Way

Get to know as many successful entrepreneurs as possible. Why? Because who better to give you real-life, insightful and beneficial advice about the world of entrepreneurship than them!

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Entrepreneur Tip 12: Bringing Out The Leader In You

Take your time to develop leaders in your organization.

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Entrepreneur Tip 11: Sticking Up To The Entrepreneur Values

Live your values! Your values are really worth nothing if you don’t stick to them.

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Entrepreneur Tip 10: The Entrepreneur Values

Value has to be something you can live with! Align it with your vision to create a stronger statement. If you don’t live your values, you’ll become an entrepreneurial hypocrite.

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Entrepreneur Tip 09: Entrepreneurs Initial Challenges

Not having the right direction, attitude and priority will be the biggest challenge for your to succeed. In any business, we need a clear set of direction.

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Entrepreneur Tip 08: The Willingness in an Entrepreneur

You not only need to have the willingness to become an entrepreneur, however, you need to have a desire to be one.

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Entrepreneur Tip 07: Entrepreneur Attitude and Characteristics

An Entrepreneur must:

  • Always stay positive
  • Great positive attitude
  • Great learning attitude

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Entrepreneur Tip 06: Difference Between An Entrepreneur & A Self-Employed

Self employed is a one man show. An entrepreneur is able to run, manage and lead not only themselves but also a team.

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Entrepreneur Tip 05: The Entrepreneur Personal Qualities

In this episode of Entrepreneur tips, Ernie shares with us the three must have entrepreneurial personalities

The three “must-have” entrepreneurial personalities are:

1. Inner drive to succeed
2. Openness to challenge
3. Do not take NO for an answer

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Entrepreneur Tip 04: Difference Between Leader & Manager

The difference in a managerial position where they manages the team to achieve the results compared to a leader who is the one setting the goals and leading by influencing the team towards achieving it.

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Entrepreneur Tip 03: The Entrepreneur Mindset and Heart Set

A successful entrepreneur has to possess strong mindset and heart set in the businesses they are running as well as their goals and objectives. An Entrepreneur needs to have…

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Entrepreneur Tip 02: To Have What It Takes To Become An Entrepreneur

If you are the type that only allow yourself to work 9 – 5, say good bye to that because as an entrepreneur opportunity presents itself anywhere and anytime. You could be having a business discussion at 7pm and conducting a business transaction by 11pm.

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Entrepreneur Tip 01: Identifying Your Entrepreneur Desire

Entrepreneur has to be desired and result driven. Being able to have the desire to succeed and establish a commitment time to achieve the result.

Watch the video below:

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