10 Keys to the Mindset of a Successful Entrepreneur

It is Critical for an entrepreneur or anyone seeking success to continuously work on your Mindset.

All human beings are born with gifts and talents that are unique to them. All of us have something that we can share with the world that would give us all of the success we desire.

What minimizes our greatness is not having the appropriate Mindset to accomplish what we want to do.

It is the Mindset that determines your thinking and your thinking determines the actions that you take. The actions you take unlock your true Greatness.

#1 Clearly define what it is that you want to do.

Very successful people care about their lives more than the average person. They take the time to analyze their lives, to look closely at their vision and their purpose in life. They put their lives on paper. They take the time to construct mental images that guide them on their journey.  While most people are winging it, they put their life mission and business vision and goals on paper.

They  have imagination. They pull their imagination up in their mind and then they define their vision and then they go to work. Night and Day!

#2 Protect and Manage your Time.

Successful Entrepreneurs Protect and Manage their time. How many people do you know that plan their day before it begins?

The most valuable asset you have is your time.  Plan your days, weeks, months, and years.

#3 Outcome Oriented

Have you known anyone that is absolutely driven to succeed?  No matter what the obstacle they keep going. And in most cases it is because they have extraordinary clarity on the outcome.

They took the time to clearly define what it is that they wanted to do. They stopped and thought about their life, and what it was that they wanted to accomplish and this gave them the drive to see the task all the way to its outcome.

#4 Deal with Actual Facts

Most people make their decisions about their life and careers from emotion and assumptions.  Successful entrepreneurs base their decisions from fact-based thinking.

Successful entrepreneurs strive to make accurate decisions rooted in Actual Facts.

#5 Live To Provide Value

Successful Entrepreneurs know that value must be given. And by providing value they know that value is to be returned.

They practice the Law of Reciprocity. They know for sure that what they give out they shall receive. Successful entrepreneurs do not expect something for nothing.

They are constantly working to make themselves valuable, which of course attracts the personal associations that lead to greater financial success.

#6 Perform a Mind Makeover

Successful people rarely resemble the person that they once were. They are constantly educating themselves and gaining experience that will lead them to the goals they desire. They truly understand the importance of acquiring greater skill sets, which in turn gives them a confidence boost and greater self-worth.

They live by the words of ‘renewing their minds’. These entrepreneurs know this is the key to their transformation and growth.

#7 Focus

This characteristic is what I have found to be the most important when it comes to entrepreneurial success.

Once you have awakened to the possibilities of success, you also realize the many opportunities that abound. And it is easy to allow yourself to become scattered.

Successful people develop the ability to focus and concentrate to maximize their resources and forces.

#8 Success by Association

Have you ever heard when growing up “be careful who you hang around’. Many times you may be ‘guilty by association’. Well, successful entrepreneurs understand that you can also be ‘successful by association.’

In fact it is virtually impossible to be successful without having a mentor or a friend or business associate that helps to quicken your advancement.

Successful entrepreneurs have someone that accelerated their advancement with either some knowledge they possess or some other resource that they did not have.

#9 Understand Self and Others

When you constantly work on yourself, you begin to develop a greater understanding of yourself and a greater belief in yourself, which translates into valuing yourself.

This is what allows you to become an expert in your chosen area. If you don’t understand and value yourself you can bet the entire farm that no one else will understand or value you.

I have also found that those who understand and value themselves have a greater ability to understand and value others. This skill set is so important when you are seeking higher levels of success.

#10 Take Personal Responsibility

This trait is it. I mean this removes all attempts to blame anyone for what takes place in your life.

Successful entrepreneurs never allude to anything that anyone could have done to them. In fact, all the trials that they have, they looked at them as a blessing to learn from. Never giving up control of their lives.

I really love the fact of being in control of your life. Never allowing something outside to control you and the future of your family.

All of these keys, traits, and skill sets make up the Mindset of Successful Entrepreneurs. You probably could think of other variations, but somehow you will end up dealing with these principles.

  • I suggest that you start with #1.  Take the time to pause and clearly define what it is that you want to do all and all of the other keys will begin to flow and merge together.

In Success,

20 Responses so far.

  1. Abhishek says:

    this post is just awesome. I want to be a successful entrepreneur and your post has inspired me!! thankx 🙂

    • Calvin says:

      I’m 20 years old and I’m tired of my mindset and wanting to change, just looking forward to find the guidance to become a better businessman and person in the business world!

  2. Robert says:

    Beautifully captured and written, Sadie. As a successful entrepreneur, I couldn’t agree with you more.

    Thanks and regards,

    Robert

    • Tinii says:

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  3. Linda says:

    Well said – Well written Sadie, I couldn’t agree with you more. Thanks for sharing.

  4. akeena says:

    Thanks for this! It gave me lots of ideas to share to my team and helped me reflect on myself as well.

  5. Manoj Kumar Gupta says:

    Really it was amazing thoughts.

  6. Emenike Emmanuel says:

    Thanks for this wonderful advice. To me mindset is everything for an entrepreneur. With the right mindset you save time and of course create more value.

  7. […] June 29 2014 by admin Here is a great post on mindset from Sadie King’s blog The Conscious Cook. […]

  8. alvin castillo says:

    thanks to you sadie,,, it helps me a lot, all i want is to be successful in life, for me and for my family,,,

  9. Prof. Vetri says:

    Apt inputs for future Entrepreneurs.

  10. Dicky says:

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  11. Antony says:

    Well curved Sadie I wish all entrpruners can read this

  12. Sahib Singh says:

    Hyy There! Such a Great Article Form Your Side .. I like The 2nd one..Protect and Manage Your time. You Write Correct that Learn From Your Mistakes.and never do that again.
    I too Write About The Mindset Of Entrepreneur On My Blog Learn With Sahib.

  13. arun says:

    thank you

  14. maxwell kanyongo says:

    yeah..thank you

  15. shreyu roy says:

    There are plenty of people who have extraordinary talent, passion, and skills but not everyone is able to achieve their goals. It depends on how you make the most of the skillset you have and ultimately if you succeed in whatever you do, you end up being a rich guy! Never give up and keep on trying is the motto of every richest person

  16. […] how to develop an entrepreneur mindset lets an entrepreneur to advertise their services and products without […]

  17. Nimi says:

    This post is framed and hung on my wall. Thank you again.

  18. John Smith says:

    To me Point of view is everything for an entrepreneur. With the right mindset you save time, energy and of course create more value.