The life of an entrepreneur comes with numerous lessons, whether it’s relating to the best marketing tactics, or how to conduct yourself, being an entrepreneur means that lessons are in abundance, and run the gamut. With this in mind, what are the biggest lessons that entrepreneurs like yourself need to learn?
Your Pedigree Doesn’t Determine Your Success
It’s so easy for us to assume, from the outside, that those that were born into money, or have support in abundance, are going to hit the ground running. But with any business proposal or new idea will come a lot of hardship, regardless of where you are on the ladder. Take the Vero CEO Ayman Hariri; despite his background, he’s still had to push hard for Vero to be a social media platform that competes with the big names. It’s never about where you come from, but it’s about where you’re going.
Put A Price Tag On Your Time
It is the greatest resource you have. When you are building a name for yourself, you’ve got to understand how important time is in the grand scheme of things. You need to prioritize your business and your life in terms of what you value above all else. It’s essential to build relationships, but remember that time is something you can’t get back. As such, you’ve got to define your values before you progress up the ladder. As a little exercise, you can monetize every minute of your day, and realize the impact of, not just wasted time, but the moments when you could be doing something beyond the business, such as spending time with your family.
The greatest entrepreneurs are learning lessons through failure. This is one of the best ways that we can all grow as people. But at the same time, it allows you to have control over your emotions and thoughts. You might find yourself losing your temper when things don’t go your way, but how will this result in a better working environment? At the same time, if you react in an unsavory manner to curveballs, the setbacks and failures will only increase. The great leaders take decisive action, and they remain calm. By learning to have mastery over our emotions, whether this is through something like meditation, or improving your mindfulness practices within the office environment, you will have a greater sense of vision, and you will feel better for it.
Your Health Is Crucial
Look at the big names like Tony Robbins; they have a strict regime where they prioritize their health, as well as happiness. There are plenty of hacks for any entrepreneur that feels they don’t have the time to look after themselves, but if you don’t look after yourself, how are you going to be able to run a business? You have to be that beacon of hope for others, and this means you’ve got to find the keys to keeping yourself healthy. Whether this is hacking your stress, finding out your emotional triggers, or, very directly, eating healthily, your health will impact every aspect of how you work.