The Keys to Being A Successful Entrepreneur
Many people ask what classes to take for entrepreneurship. Although you can take classes in school, many of my business colleagues and I can tell you…
The number one way to learn about entrepreneurship is by running a business.
In my personal journey, I’ve learned that there are 3 components to running a business: Personal mindset, infrastructure and communication.
The 3 Components to Running A Business
Personal Mindset
You can choose to have a growth mindset or a fixed mindset. The growth mindset gravitates toward expanding knowledge and being goal oriented. A fixed mindset is more of a stable, consistent approach which can cause stagnation and being short-sighted.
As an entrepreneur you’ll need to have a growth mindset to deal with all of different types of situations and emotions that come up. Especially ones that make you feel uncomfortable like feeling discouraged, unworthy, incapable and uncertain. Being willing to overcome these circumstances, having ways to clear your mind and finding ways to stay motivated will keep you on the track to success. This is an on-going process.
Infrastructure
Infrastructure entails having processes and a team of people to make sure your day to day operations are taking care of. Oftentimes entrepreneurs start out working by themselves which can be fine at first, however long term success and scalability often requires having at least a few people such as accountants, strategic partners and/or an assistant.
Documenting processes and having a sense of your long term goals is important as well. This will help you to delegate tasks and have others support your vision.
Communication
My personal belief is that anything can be worked out through communication. Communication is the foundation to navigating entrepreneurship.
Different forms of communication include: verbal (for giving instructions, teaching and negotiating), non-verbal (understanding the nuances of body language), written and listening. This will help minimize misunderstanding, give room for exchanging ideas, shed light to issues and shine your persona.
Not working on your personal mindset, infrastructure and communication are the overarching causes for success or failure.
And… Guess what, they all progress and change overtime. If you want to be an entrepreneur or own multiple businesses, you have to be ready to work on all 3 of those things.
Still want to be an entrepreneur? Here are some resources for you to review and gain some insight:
How To Make A Lot Of Money With Your Own Business
Law of Attraction Secrets Podcast with Robert Zink featuring: Geraldine Convento
In this episode, Geraldine and Robert discuss how to start your own business and generate income in abundance using the law of attraction to strengthen your personal mindset.
Serial Entrepreneurship – Using Spirituality for Success
The Consciousness Collective Podcast Featuring: Geraldine Convento
In this episode, Geraldine and Meghan have a conversation about leveraging modern science and metaphysics to grow your business and your spirituality at the same time.
Doin The Damn Thing YouTube Talk Show
Through this YouTube channel you can expect to learn about multiple aspects of running a business from effective marketing and price setting to branding and entrepreneurial stories.
5 Traits of A Successful Entrepreneur
In this video, Geraldine shares the key traits of a thriving entrepreneur from her personal experience, perspective and her point of view.
What do you want to know about running a business?
Leave a comment below and remember to tell me whether you already own a business (or businesses) or if you are thinking of starting one.