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Ten Rules of A successful Entreprenuers

Steps an intelligent Entrepreneur Must Take

By Monica StevePublished about a year ago 5 min read
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Successful Entrepreneur is beyond making money, beyond our personal ambitions, our society needs entrepreneurs. We need thinkers, we risk takers, creators, builders, we need ambitious people who will put themselves on the line to build real firms that adds value and create jobs.

1. Make the Commitment

2. Find a problem, then solve it

3. Think Big, Think New, Think Again

4. You can’t do it alone

5. You can’t do it alone

6. Manage risk

7. Learn to lead

8. Learn to sell

9. Persist, Persevere, Prevail

10. Play the game for life

The step that any intelligent entrepreneur must take is to make the commitment. With a clear lead and your whole heart. you’ve got to decide that you are absolutely, positively will become a successful entrepreneur.

MAKE THE COMMITMENT

So, how badly do you want this?

That may sound like some sort of challenge, and in a way it is. But my question also provides an opportunity for self-reflection. Thinking hard at the outset about what’s really motivating you to launch a company can make all the difference down the road.

Becoming a successful entrepreneur is hard; you will have to several opportunities to throw the towel but making a conscious and personal commitment to become a successful entrepreneur keeps you going.

As with any field requiring exceptional talent and creativity-the arts, athletics, and many of the so-called white-collar professions- making it as an entrepreneur involves much more than simply deciding that you’re going to start up a company that will ultimately make millions of dollars.

If you make commitment first even before finding an opportunity, building a team and launching a venture-your odds of success will be that much higher .so think hard about the question I asked at the beginning of this article. Making a conscious choice to become a real entrepreneur -rather than simply finding a way to make a living or starting a business- is essential

## H2: Rule #1 - Have a clear vision

Successful entrepreneurs have a clear vision of what they want to achieve. They set specific, measurable, achievable, relevant, and time-bound goals (SMART) that align with their vision. Having a clear vision helps entrepreneurs stay focused on their goals and motivates them to work towards them.

### H3: Sub-rule #1a - Define your why

Defining your why is an essential part of having a clear vision. It’s the reason behind your business and what motivates you to keep going. Knowing your why helps you stay committed to your vision and inspires others to become a part of it.

## H2: Rule #2 - Be adaptable

Successful entrepreneurs understand that change is a constant factor in business. They are open to new ideas and are willing to pivot when necessary. Being adaptable helps entrepreneurs stay ahead of their competitors and capitalize on new opportunities.

### H3: Sub-rule #2a - Embrace failure as a learning opportunity

Failure is a part of entrepreneurship. Successful entrepreneurs embrace their failures and use them as a learning opportunity. They understand that failures are necessary for growth and are not afraid to take risks.

## H2: Rule #3 - Put the customer first

Successful entrepreneurs understand that their customers are the lifeline of their business. They prioritize their customers' needs and put their satisfaction above everything else. They listen to their feedback, make changes accordingly, and establish long-term relationships with them.

### H3: Sub-rule #3a - Understand your customers’ needs

Knowing your customers’ needs is the key to providing them with a product or service that they want. Successful entrepreneurs take the time to understand their customers’ needs and tailor their offerings accordingly.

## H2: Rule #4 - Build a great team

Successful entrepreneurs surround themselves with a great team. They hire people who share their vision, are committed to their goals, and have the skills necessary to help them achieve them. They provide their team with the support and resources they need to excel in their roles.

### H3: Sub-rule #4a - Hire for attitude, train for skills

Skills can be taught, but attitude cannot. Successful entrepreneurs prioritize attitude when they’re hiring and look for people who have a positive attitude, are eager to learn, and are committed to their vision.

## H2: Rule #5 - Focus on what you do best

Successful entrepreneurs focus on what they do best and delegate the rest. They prioritize their core competencies and outsource tasks that are outside their expertise. This allows them to focus on their strengths and leverage their skills to achieve their goals.

### H3: Sub-rule #5a - Know your strengths

Knowing your strengths allows you to focus on them and leverage them to achieve your goals. Successful entrepreneurs take the time to identify their strengths and use them to their advantage.

## H2: Rule #6 - Be disciplined

Successful entrepreneurs are disciplined in their approach to work. They prioritize their tasks, set goals, and work towards them with a laser-like focus. They also have a work-life balance and take the time to recharge and rejuvenate.

### H3: Sub-rule #6a - Create a routine

A routine is essential for discipline. Successful entrepreneurs create a routine that works for them and stick to it. This allows them to focus on their work, be productive, and stay disciplined.

## H2: Rule #7 - Learn continuously

Successful entrepreneurs are lifelong learners. They are always looking for ways to improve their skills, knowledge, and expertise. They read books, attend conferences, and take courses to stay on top of their game.

### H3: Sub-rule #7a - Invest in your education

Investing in your education is an investment in your future. Successful entrepreneurs understand this and are willing to invest in themselves. They take courses, attend seminars, and hire coaches to help them improve their skills and knowledge.

## H2: Rule #8 - Take calculated risks

Successful entrepreneurs are not afraid to take risks. They understand that taking calculated risks is necessary for growth and innovation. They weigh the pros and cons, assess the risks, and make informed decisions.

### H3: Sub-rule #8a - Assess the risks

Assessing the risks involved in a business decision allows entrepreneurs to make informed decisions. Successful entrepreneurs take the time to assess the risks involved and make calculated decisions based on their analysis.

## H2: Rule #9 - Be passionate

Successful entrepreneurs are passionate about what they do. They love their work and are committed to their vision. Their passion inspires others to become a part of their vision and drives them towards success.

### H3: Sub-rule #9a - Find your passion

Finding your passion is the key to success. Successful entrepreneurs find what they love to do and turn it into a business. They wake up every day excited to work and this passion drives them towards their goals.

## H2: Rule #10 - Persevere

Perseverance is the key to success in entrepreneurship. Successful entrepreneurs understand that success is not an overnight process. They persevere through the failures, setbacks, and challenges and never give up on their dreams.

### H3: Sub-rule #10a - Stay committed to your vision

Staying committed to your vision is essential for perseverance. Successful entrepreneurs never lose sight of their vision and stay committed to achieving it, no matter how difficult the journey may be.

In conclusion, entrepreneurship is not an easy path. However, by following these ten rules, anyone can become a successful entrepreneur. Remember to have a clear vision, be adaptable, put the customer first, build a great team, focus on your strengths, stay disciplined, learn continuously, take calculated risks, be passionate, and persevere.

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About the Creator

Monica Steve

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