I love entrepreneurship.
Entrepreneurs take on risk, ridicule, and themselves in hopes of finding purpose and riches.
The stories are always a testament to the human spirit.
Successful entrepreneurs have learned that certain skills move them forward.
If you listen to them, they will tell you what they are.
To win at entrepreneurship, here are 5 crucial skills you need to have.
First, you need to be able to communicate well.
Entrepreneurs need to talk to everyone.
You have customers, investors, employees, and vendors.
You HAVEĀ to be able to communicate what you want clearly.
Otherwise, things will go their own way based on interpretations and judgments.
Executive communication is a term that means there is no question about what you want someone to do.
If you use executive communication, the recipient will not ask you a question about what you want.
It will already be clear.
This saves time and reduces error.
Second, you need to be good at selling.
Selling goes hand-in-hand with communication.
If this makes you cringe, it’s because of the way you view salespeople.
In reality, we sell all day long without realizing it.
Selling is just telling someone why something will help them.
You do it with a movie or restaurant, so why not your product?
If you believe in your product or service, you are going to have to tell people about it.
If it’s holding you back, competent salespeople are everywhere and you can always hire one to do it for you.
However, someone needs to tell the world about what you are offering.
If you want to market your business online, see my #1 recommendation to get started.
Third, entrepreneurs need to be able to focus.
Starting a business can be tough.
You will have many ups and downs.
You need to stay focused on your goals, especially when things get difficult.
Remember why you got started in the first place.
Also, read inspiring stories by other entrepreneurs.
Every obstacle and challenge has a solution.
Be willing to look at radically different ways of doing things.
Fourth, you need to learn forever.
Learning is important in life, but especially in entrepreneurship.
You need to make your products better always.
Everything is always changing and you need the knowledge to adapt quickly.
You need to be willing to look at failures and mistakes and learn from them.
You will never be done learning if you want to stay ahead of your competition.
Be open and embrace learning.
Fifth, you need to have a good business strategy.
How are you going to grow?
Break every part of your plan into bite-size pieces.
This just makes it way more manageable.
Embrace the good and bad parts of your company.
There will things that you hate doing in your business.
Embrace that as part of the journey.
Delegate those tasks that you hate and are not as good at to others who enjoy it.
If you can learn and master these traits, you are well on your way to the goal and life you envision.
I am cheering for you.
I want to see how you are going to change the world.
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