Want To Be A Rockstar Entrepreneur? Practice These 10 Traits

Clearly, you are already amazing but you want to be an entrepreneurial rockstar? Ya you do!

Here are 10 of the most important traits entrepreneurs must possess in order to maximize their success based on my experience and research. A lot can be learned from the experiences of others who have come before you.

The best part?

All of these traits can be learned and developed. Success is within your control.

1. Patience

Entrepreneurs tend to be an impatient group. You dream, you hustle, you push. You can get frustrated and impatient when you don’t immediately experience success. Impatience drives frustration and is the emotional groundwork for failure. Impatience can make you short-sided leading to poor business decisions and distraction from your goals.

A flower doesn’t plant itself and bloom in a day, a baby isn’t born in a week, and a brand and business isn’t built overnight. The best things in our lives truly are worth waiting for.

2. Acceptance

You really have two choices. 1.) Accept that changes, failures and the like are going to happen, roll with it, adjust, and potentially profit or 2.) Fight the inevitable, deny that these things will and are happening and be left behind bitter, worn out and lost. I have seen business owners on both sides of this choice.

I know which side I want to be on.

3. Confidence

Confidence sometimes gets a bad rap — but theres a difference between being cocky and being humbly confident. The latter is a prerequisite for entrepreneurs. There will be many times when it feels like the world (read the in-laws, the financial planner neighbor or soccer mom from town) is telling you that you cant do this thing called business and you will need to be able keep your head up and forge on.

Your quiet humble confidence is the trait that will allow you to give them the figurative (maybe even literal — but not at your kids soccer game) middle finger.

4. Accountability

News Flash: You don’t have a boss anymore. You are the boss now. There is no one to tell you what to do or when to do it by. Without those corporate guardrails you need to figure out whats most important, how to get those things done well, and get them done fast.

The future of your business depends on you and only you.

No pressure - right?

5. Adaptability

The idea that you started with may need to be adjusted. Your business plan may be off. Your product may need to be revamped. As an entrepreneur you have to be able and willing to pivot at any point in time. This may mean moving away from your idea and towards what the market demands.

Change happens. Adapt or sink like the Titanic while tied to your unwavering commitment to something that doesn’t work.

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6. Resiliency

There is no polite way to say this — you will get knocked on your ass, probably more than once. Whatever the issues are (and their will be issues) — they will test your ability to keep going, move forward, and win.

Resiliency isn’t just about getting back up and trying again. Its about learning from what has happened and emerging better because of it.

7. Consistency

Consistency, that is doing something (hopefully the right thing) over and over in a predictable pattern, is vital to your success as an entrepreneur. It creates accountability, motivation, and gives you the ability to measure results.

If you’re playing for the long game, consistency is key.

8. Innovative

You don’t have to invent the next iPhone or start a revolutionary company like UBER. Your deliberate and consistent (see above) efforts towards recognizing patterns and seeing connections that others may fail to notice will lead you towards higher levels of long-term success.

9. Persuasiveness

Sales aptitude is mandatory. Your products and services aren’t the only things that you’ll need to sell in your new business gig. You will need to sell the value of your company and yourself. You’ll need to sell prospective employees on why they should join your mission. You’ll need to sell your husband on why he needs to take the kids to their events solo on Saturday so you can work on your business launch….

You get the point.

Sales skills are a fundamental part of being a lady boss. Embrace it.

10. Self Awareness

The most important trait. Your ability to accurately understand your strengths, weaknesses, and tendencies and the impact that these factors have on the people around you is critical to your success as a business leader. In a study undertaken by Green Peak Partners and Cornell University examining 72 executives at companies with revenues from $50 million to $5 billion, it was found that “a high self-awareness score was the strongest predictor of overall success”.

It all starts here. If you don’t really know yourself, you cant determine what you need to work on in order to reach you maximum potential. You wont know what kind of talent to surround yourself with in order to supplement your strengths and minimize your weaknesses.

Call To Action: Make A Commitment And Practice

Entrepreneurialism is hard.

Theres so much to stay on top of. Overwhelm is the norm. Less critical initiatives get back-burnered for the fire drills and opportunities that come in real-time. Often, that means personal development gets moved down the list and eventually, it falls off altogether.

But you’re worth more, aren’t you?

Your business is worth more, isn’t it?

Make a commitment to develop into your best self in order to propel your success in business and life.

Make a commitment to practice and develop each of the traits above. Integrate them into your daily routines, one by one, in small manageable chunks. Practice them until they become a natural part of who you are and how you operate.

Success traits aren’t genetic. They can be learned.

You’re worth the work.

7 Easy Ways To Prevent Yourself From Losing It

When you feel close to freaking out or breaking down, try one of these simple mindfulness exercises to calm your nerves, reduce stress and settle your thoughts.

You can feel it building. 

One of three things is going to happen. You are either going to drop everything and go hide alone on your car, scream frantically at no one in particular, or buy a plane ticket to a remote place that leaves an hour from now. 

Physically, you can feel your shoulders start to rise toward your ears, full of tension. Your jaw clenches and your face wrinkles up like a shirt thats been sitting at the bottom of your teenagers hamper for two weeks.

Its overwhelming stress and if you don't intervene immediately you just might lose it. 

Stress levels are rising in America and can have a dramatic impact on your health and wellbeing. According to a recent study The American Psychiatric Association, "This added stress is already affecting the health of Americans. In August, 71 percent of participants said they suffered from at least one stress symptom in the prior month. That rose to 80 percent last month. Stress can manifest as both physical and emotional symptoms, according to Vaile Wright, a licensed psychologist from the American Psychological Association who was involved with the survey. About one-third of Americans reported symptoms like headaches (34 percent) or feeling nervous or anxious (33 percent)."

The good news is that there are things that you can do to limit the impact that stress has on your life. Recognizing the symptoms of stress and intervening early are important keys to success. 

 

Relieving Stress with mindfulness exercises

Enter mindfulness. Mindfulness is a simple, yet very effective practice that you can do anywhere, at anytime, with no special equipment or environment required. Mindfulness has been scientifically proven to physically change the way that your brain works, reduce stress and enable to you handle life's stressors in a healthy way. Many Fortune 500 companies, senior executives, and celebrities are using mindfulness to lead better lives. Hell, if it works for 50 Cent - its worth a try right? 

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Here are seven quick and powerful ways to practice mindfulness in your daily life to regain control over emotions and focus on the present.

  1. Observe Your Breath - like the old song says, "Breathe, just breathe." Well breathe but also pay attention to those breaths, focus specifically on the feelings, sensations, movements associated with those breathes. Does your nose feel cold when you breathe in? How does your stomach move? Observe. But don't judge or change your natural breath. Stay focused on your breath and the sensations that come with it - being mindful or in the moment. If your mind wanders thats okay. Just bring your attention back to your breath.
  2. Pay Attention To The Details - Whatever you are doing pay SUPER close attention to the sensory details of it. Driving? run your fingers over the steering wheel and really notice what the leather feels like on your finger tips. Washing dishes? Look at the dish soap notice the texture of the bubbles and how they fizz. Shopping with your kiddo? Look at how the wind is hitting his hair and moving the ends slightly or how soft his skin is when you hold his hand. The idea is to become so mindful of the details in the the present moment that you lose touch with the thoughts and emotions that you were just stuck on. 
  3. Observe Your Thoughts and Emotions - Observe your thoughts in the same manner that a scientist might observe the stars, as a third party. They are different from one another but they aren't good or bad they are just stars. By removing judgment and attachment from your thought patterns you are able to separate yourself from your thoughts and feelings. You can think of them as dark clouds in the sky that are moved away quickly by the wind. 
  4. Conduct A Body Scan - Focus your attention on the top of your head, notice any uncomfortable sensations or feelings of tension that you that you may have. Then bring your attention to softening and calming those feelings. Slowly move through each section of your body from head to toe repeating this exercise. Wrap up by scanning your body for sensations of comfort and focus on how relaxed you now feel. This is one of my favorite mindful exercises to help relieve stress. It is especially effective at night after a long, tough day to help you sleep well. Here is a great guided mindfulness body scan to get you started.
  5. Take Mindful Bites - Take a break to have a healthy snack. For the first couple of bites, be mindful of the sensory experiences of it, the tastes, smell, texture, sounds and appearance of the food. Be very specific around the details but avoid evaluating the food as this is about the experience not the evaluation.
  6. Conduct A Compassionate Pause - When you feel yourself tensing up, take a moment to pause and take a deep breath. Acknowledge that you are stressed or anxious and treat yourself with the gentle kindness that you would show someone you love. Use a phrase with yourself such as, "WOW. I am really stressed right now." followed by a compassionate phrase such as, "I will handle this experience as I handle all of the parts of my life. Peace will come." Self-compassion is a powerful tool that you can use to build confidence and resilience. Practice this exercise throughout your day to encourage self-compassion and peacefulness.

Take Back Control

You might not be able to avoid all of the stresses of life, but you can have control of how we react to them and to the impact that they have on your life.

The next time that you feel a wave of stress start to wash over you - your body starting to tense and your heart starting to race hit the pause button. 

Take a deep breath and and get mindful.