When They Think Big, They Don’t
Think Complicated
Everyone knows that to succeed, you need that “next
big thing.” But many people mistakenly think that big has to be
complicated or complex. Instead, the really successful entrepreneurs that are
able to go from nothing to a million dollar business don’t do so because they
created some wildly complicated product or idea. Instead, they see a niche that
needs filling and creating something focused, specific, and, above all, fairly
simple to fulfil that need. The best “big” ideas are the ones that
almost anyone, regardless of age or education, can use with very little effort.
They Watch People
It’s hard to find that niche that needs filling if you’re
not out among people. Great entrepreneurs can get inside the collective consciousness. This
means that they almost instinctively understand what a large number of people
want or need. On some level, either consciously or unconsciously, they’re
watching people and evaluating how they act. They might not even realize that
they’re compiling a list of problems people have with a product or service
until they find themselves drafting plans to make it better.
The first step to being a great entrepreneur is to
knowing what people want, so you have to be observant.
They Know Their Own Strengths and
Weaknesses
A good entrepreneur knows his own strengths and
weaknesses and surrounds themselves with people who have compatible skill sets.
If someone knows they lack the motivational speaking skills for growth, they
will find someone who is a great person and hire him to handle a lot of the
speaking duties.
Successful entrepreneurs aren’t afraid of their
weaknesses and don’t hide from them. Instead, they embrace them and
work to make certain that these weaknesses don’t damage their business
plans. They know a great business is a team effort.
They Don’t Let Others Discourage
Them
“You’re going to start a business that does what?!”
Many of the most successful entrepreneurs have heard that over the years, and
if they’d let themselves be discouraged, we wouldn’t have half of the amazing
products that we do today. While a great entrepreneur certainly listens to
others and values their feedback, he doesn’t get discouraged if all he hears is
negativity. Instead, he takes what he can from that negativity and, if he still
believes in his idea, he pushes ahead. He has to let his emotions, belief in
himself and his heart has just as much said as his intellect. In fact, many of the most successful
entrepreneurs have said they weren’t sure if their idea was a
good one until people starting telling them they were crazy.
They Continue Learning and
Adapting
In today’s ever-changing world, it’s not enough to
have one great idea. To be truly successful, an entrepreneur has to be able to
build off their initial amazing idea. They need to continue learning and
listening to what consumers want. How can they change their product? How has
the market changed since it was released? Is there another product that would
naturally fit with it?
Great entrepreneurs keep learning about the market
and other products, then taking that knowledge and adapting their own
products as needed. Those who don’t end up being a one-hit wonder and, while
they enjoy great success at first, eventually find themselves out of the game.
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