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5 Habits of Successful Entrepreneurs

Updated: Jun 5



”We are what we repeatedly do. Excellence is not an act, but a habit."- Aristotle


The dream of being a successful entrepreneur who’s raking in the big bucks and living a life of freedom is something that millions of people hold close to their heart. Yet, the road to successful entrepreneurship is littered with the skeletons of the many who have tried and failed.

In most cases, this kind of failure can be attributed to quitting along the journey. Very often, a lack of good habits is the reason why people quit on this arduous journey. Yes, it’s a tough trek to entrepreneurial success, but with the right habits, you’ll get there.

Now let’s see what habits most successful entrepreneurs have and why you need to have them too.

The Habit of Planning

The top entrepreneurs almost always follow a schedule. Very often, they have an assistant who keeps track of their daily activities and finds slots for appointments, meetings, etc. and helps manage their day for them.

On a smaller scale, it means planning your day in a planner or an app. You must know what your tasks for the day are so that you can efficiently go through them without expending mental energy figuring out what to do on a constant basis.

First things first

All successful CEOs focus on the most important tasks first. These are the ‘money’ tasks that will yield a profit for the company. By focusing on what matters, they’re able to give these crucial tasks the full attention they require.


An entrepreneur who doesn’t know his/her priorities will often engage in busy work doing a myriad of different things that make them look productive but this is just an illusion. Their activity doesn’t really contribute to the bottom line because they’re not focused on the tasks that actually matter to the business.

Exercise

The wise entrepreneur always sets some time daily to engage in exercise. It could be anywhere from 30 minutes to an hour. If you stopped to think about it, a 1-hour workout is only 4% of your day – so there is ALWAYS time to exercise.


You might choose cardio or resistance training. It’s up to you. Ideally you should get a mix of both. As long as you’re getting movement daily, you’ll be fine.


Sleep

Good sleep is crucial for success because it ensures you’re well-rested and have energy the next day. Being successful in business requires lots of mental energy. The competitive entrepreneur always follows a strict sleep routine and gets his/her daily rest.


Ignore the naysayers

Any time you’re about to make changes in life and in business, you will face opposition… and usually it will be from others who will go out of their way to tell you why what you’re doing just won’t work.


Yet, the world has millions of successful people who defied the odds and the naysayers and made it work. They carved their own path and marched to their own beat – and achieved success.


Successful entrepreneurs hear the comments and ‘advice’, but they do their own research and go ahead with their plans. Very often, they’re right. Being decisive and single-minded is one of the best habits to have.

These 5 habits are just the tip of the iceberg. Yet, if you apply them, you’ll see more success in life and in business. Then it’s a matter of implementing new habits and progressing from strength to strength.


How do you plan to implement these successful habits into your daily routine?


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