The Key as to why Some Entrepreneurs Succeed Faster Than Others

Some people are better off consistently working in what they are hired to do, while others are better off doing their own business and earning a good income.

Some people don’t want to have uncertainty, and they don’t want others to depend on anyone so they don’t want others to depend on anyone, so money and time can make it unique.

Have you ever looked at other entrepreneurs and thought to yourself...

“How do they seem so in sync with their business, their team and themselves?” 

“How are they so productive?” 

“How do they get so much more traction than me?”

The answer is more simple than you might think! They simply know what type of entrepreneur they are, specifically their winning formula, and built a business around their strengths and unique “flow!”

Every entrepreneur has a unique winning formula that if left unsolved will be the difference between success and struggle...

This winning formula is broken down by the following 8 different types of entrepreneurs… 

1. Creators
2. Stars
3. Supporters
4. Deal Makers
5. Traders
6. Accumulators
7. Lords
8. Mechanics

So which are you?

The answer very well may determine if you are an asset to your business or a liability. It will take you from being a bottleneck in your business to a conduit for success. And lastly it will help you make the shift from Chief Everything Officer to true CEO.   

Knowing yourself and your unique entrepreneurial type is the best investment you can make in yourself and your business - and coincidentally why some entrepreneurs seem to have struck gold and why others are sitting by the stream hoping to catch a fish or two! 

Your unique talents and effectiveness as a leader of your business are often one of the most overlooked parts of your business. Yet, your ability to double down on what you are gifted at and build a team to support the rest, can be the difference between success and failure. 

This clarity has the single biggest impact on your effectiveness as a leader, your impact on your customers, building your team, your growth trajectory, and your overall success!

When you are able to get clear about what your winning formula is, you can harness it to build a business that isn’t a slog or a struggle. With your winning formula, it gets easy to know how to build the team around you and who you need. With this clarity and plan, energy returns to you and your team through increased flow, trust, fun, and freedom!  

Are you ready to understand yourself in a way you never considered before, and build the team that is right for you as an entrepreneur and business owner? 

The #1 reason is entrepreneurs get tired and just give up. “

 6 reasons entrepreneurs fail:

1. Negative attitudes
2. Poor business sense
3. Not able to navigate through problems and issues
4. Feel they are victims and refuse to take responsibility
5. Never figured out how to make money
6. Never made a business plan

The cost of entry is low to get into business today, but the question is how will you make money from your product or idea. Making money is what business is all about. My grandfather, who was a serial entrepreneur, said, “Any time is the right time to go into business. “ So what makes a successful entrepreneur? 

11 reasons why entrepreneurs succeed:

1. Ask and listen to advice
2. Invest in something they know something about
3. Write a business plan
4. Have a positive attitude
5. Are good leaders. Investor will invest in the jockey not the horse.
6. Have prior business experience
7. Not afraid to hire good people
8. Never give up
9. Think through challenges and issues and are able to find solutions
10.  Never afraid to admit when they are wrong
11. Plan and think through the problems.

My Favorite The most important to me is #11, plan and think through the problems.

Successful entrepreneurs:

1. Incorporate the business
2. Reserve a domain name
3. Write a business plan
4. Protect intellectual property
5. Find investors
6. Setup an advisory board

About: Andries vanTonder 

He is a Serial Entrepreneur, an Enthusiastic supporter of Blockchain Technology and a Cryptocurrency Investor

Find me at my Markethive Profile Page | My Twitter Account  | My Instagram Acount  | and my Facebook Profile.