Keala Kanae and How to Become a Successful Entrepreneur?
One study that supports young entrepreneurs says that the average age of successful businessman is dropping drastically. This mainly happens because we have new technologies that allow us to start a company with too much effort. A teenager can now open an online store and start making money if they know how to use certain marketing tricks. There is a lot of useful information online as you can see at Traffis Tsunami but you need to set a goal and know where to look.
Becoming successful in any business is tough because the competition is huge in every industry. It will be much easier to make it if you have the right people by your side. Besides that, you need to have some qualities that will help you during the process. By investing more time per week into learning and working than your colleagues, you will improve much faster and it will be noticeable after a couple of years. The problem is that people want it to be much faster.
Table of Contents
Get the Right Guidance
The biggest mistake the starters make is thinking that they can do everything on their own. This is partially true because you can learn a lot on your own but with proper guidance, it will probably take much longer and sometimes it won’t be enough. There is no doubt that it will be easier to gain knowledge if you have the best teacher so make sure you have someone experienced by your side or the best course you can find.
Even when you finish a certain course, you will have to keep learning because only managers that are updated stay on top. As a student, you will have limited data so it won’t be enough if you want to compare yourself to some of the well-known CEOs. Check online reviews or better ask a friend that has experience with courses, like those that are offered by Keala Kane or by other famous online entrepreneurial gurus.
It doesn’t matter how long something takes to learn if you know it is high-quality and valuable for your future.
Work Smarter Not Harder
With entrepreneurs like Elon Musk and Jeff Bezos talking about how much they work, people get the idea they need to push 16 hours per day to become as successful as they are. Only a small percentage of people actually know that 16 hours won’t mean anything if you don’t work efficiently. Motivation can be bad at some point because it pushes you where you don’t need to be. Read more on this page.
What happens when you are too motivated is that you push yourself and lose the sense of other important things like health. Too many young businessmen have health problems because they lack sleep and have a bad diet. If you know to organize yourself so you can stay healthy and work efficiently for 12 hours per day, your chances to succeed are enormous.
Management Is a Crucial Thing
As an entrepreneur, you are a manager to others and your own. Every manager is multitasking because you need to organize the people that work for you and the processes of your business. Having a plan for both long-term and short-term goals is a must. It will be up to you to make wise decisions and to realize which task is more important. Get more information here: https://www.wikihow.com/Multitask-More-Effectively
Besides management skills, you will need to know how to sell. You need to know what the client wants and more importantly what they feel towards a certain product. Always implement new processes to your business so it will stay updated and interesting. It is bad to stay in one routine because it can place you in a bubble and slow but sure separate you from the competition.
An Average Entrepreneur
It easy to imagine how great you will be in the future but when we have to put in the work, most of us give up after the first obstacle. It’s good to know that more than 90% of entrepreneurs have bachelor degrees. Bit, the majority has a successful business at the age of 40 and over 60% are married. Some of this data may surprise you but things are changing at the statistics will be different in a few years most likely we will see a drop in percentages. Read more on this link.
When it comes to how much time they put in compared to an employee, it is usually about 10 to 15 hours more per week. If you have a great idea for a startup, try to find someone that is similar to you and has a similar goal. One study showed that the most successful business has two founders.
Be Ready To Fail
The worse feeling is to start something you believe in and it fails drastically. This can break you and you might think it is time to give up. There are a lot of stories about people trying multiple times and succeeding in the end. One of these stories involved Coca Cola. They only sold 25 bottles in their first year and now are one of the biggest companies in the world.
You can have a lot of skills but if you don’t know how to use them it won’t matter. There many that can benefit during the process of running the business but it usually takes a lot of experience. Things like reading people will be essential when you are making business deals.
Creativity is something you can work on by looking and the competition and combining what they are doing to make a unique method you can implement to your company. It takes time to be confident if you are not born with it so try to get out of your safe zone so you will be more open-minded. If you don’t show your confidence, your investors may doubt you.
Risk is connected with courage so you need to be prepared for it. You shouldn’t even start an agency if you don’t have the courage to take risks. Eventually, you will need to make hard decisions that will determine your future. Compare yourself to the best in the game so you can realize what qualities you lack.