Three habits of successful entrepreneurs

It takes a lot to be an entrepreneur. Business know-how, good salesmanship, discipline, commitment, charisma…. these are just a few of the skills and attributes required to make it as an entrepreneur. Success doesn’t just happen overnight. Entrepreneurs adopt a set of habits that gradually help them work towards success. Here are three of them:

  1. They’re curious

Successful entrepreneurs get into the habit of being curious about anything and everything. Not being open to new approaches or new opportunities can cause the business to become stagnant and boring, slowing down growth. Ultimately, this can kill the business. An entrepreneur’s curiosity will lead them to continue asking questions and explore new ideas. Boredom is never an option and an entrepreneur’s curiosity can make the difference between an average level of success and a much higher one.

As part of this curiosity, they’ll read widely, rather than focusing on nothing but business and marketing topics. Bill Gates, the founder of Microsoft, is well known for being an avid reader. He’s also a philanthropist and his reading has contributed to this immensely.

  1. They build up their network constantly

Being successful isn’t just about what you know; it’s also about who you know. This may be the internet age, but successful entrepreneurs don’t sit and operate solely from behind a computer screen. They go out and make contacts. They attend networking events. This helps them to promote themselves and their business, but also to keep their finger on the pulse and meet other people in the know. Building up a powerful network is crucial for identifying new business opportunities and can come in especially handy when it comes to seeking funding or finding a business partner.

  1. They journal

Of course, the purpose of writing a journal is not to become the next Stephen King or J.K. Rowling. Instead, it’s to help them work out what’s going on in the business and how they can become more effective. They list their goals and the things that are important to them. Writing engages both sides of the brain and is a good way to work out any problems and spot potential solutions. Not only this, it provides an emotional disconnect from some of the pressures of running a business; a welcome relief from the daily grind of phone calls, meetings and emails. Keeping a journal can help an entrepreneur to relieve stress, see the bigger picture and analyse whether they’re closer to achieving their vision.

It’s worth noting that entrepreneurs are conscious of the impact a business can have on the environment. Did you know, for instance, that 50 per cent of the waste produced by businesses is composed of paper? Since entrepreneurs do so much journaling and use a lot of paper in different areas of their business, they’re always open to ways to reduce paper wastage and recycle paper, such as paperless invoicing. Being socially responsible is good for business and can even help to keep costs down.

Succeeding in business is about forming good habits that will carry your business forward. Developing an insatiable curiosity, making new contacts and keeping a journal of what’s going on in your business can bring you closer to accomplishing your aims. These are things that successful entrepreneurs do – so, if you want to be like them, you may wish to consider doing the same.


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