Startups

Aspiring to be a young entrepreneur? Five habits to follow

Gone are the days when a nine to five job was the most sought-after choice to earn a living. No doubt, it comes with financial security and a promising career progression, but not each one of us is meant to do a job. And besides, if you have a business idea and risk appetite, a job is not worth the drag!

With the start-up revolution booming, twenty-year-olds are en route to becoming the masters of their future. However, a great idea and its execution are not the only ingredients that go into the making of a successful entrepreneur. Among many such things, are these five habits:

1) Listening:

A good practice of listening takes you a long way. In a world where everyone is eager to speak, a leader must have an ear to lend. Be it your co-workers or your potential clients, listen more than you talk. Make sure that you have heard their grievances and put yourself in their shoes before offering a solution. You are more likely to strike a chord with them when you listen to them carefully. All leaders are great listeners. Only if you truly listen you can accurately and appropriately react.

2) Setting Goals:

All organizations would like to set a billion-dollar goal, but a good leader knows the scale of his or her work. It is important to set approachable and realistic targets while at the same time pushing yourself further. Not setting clearly defined goals affects your efficiency and effectiveness as a leader. You need to ensure that you not only set long-term goals but also set short-term goals that are key steps in achieving your long-term vision.

3) Learning:

An entrepreneur must always be up to date with the know-how of the trade but also should always be eager to learn. The more you learn, the more you grow. With the technology, these days, news and infinite knowledge are a click away. All leaders have one thing in common – their zeal and eagerness to learn more and gain more knowledge. Knowledge is infinite and one must strive to learn at least 2-3 new things each day. Technology could lead the way to the right courses, reference material, and valuable articles to enhance your takeaways. Afterall, ideas could come from anywhere.

4) Networking:

An idea, most often, comes from our daily conversations. Make a habit of socializing with other budding entrepreneurs and like-minded individuals. Meeting more people like yourself will open your mind to more opportunities, partnerships, and possibilities. Don’t have many contacts? Again, technology to the rescue! There are now ample mobile applications and websites that connect professionals with one another. While you are not working, you should be networking!

5) Lifestyle:

Acing all the above while taking no notice of your health could be your biggest blunder. As the anchor of your enterprise, the weight of the responsibility rests on your shoulders. If you are not fit, your entire team will suffer.

Also, many times, work can create and increase stress. Don’t allow it to disturb your sleeping patterns; nor should you resort to destructive reliefs. Instead, switch to meditation, eat healthy and exercise regularly. To continue to lead a team, you need to strike a balance between work and health.

Follow these five rules from the rulebook of every successful entrepreneur and watch your vision turn into a reality.


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