One of the disadvantages of social media is the rise of the “fake” famous economy. It is, without a doubt, hard to live one’s life when compared to the orchestrated “perfect” feeds consumed everyday.
Making time for important things is hard. When is it the right time? Always remember that the universe doesn’t conspire against you, but it also doesn’t go out of its way to align the stars for you either. It starts from within. It starts with planning. It starts with walking forward.
Waiting for the right conditions is not realistic and that’s why most successful solo entrepreneurs create the conditions through conscious thoughts and deliberate actions.
Here are some of the common traits that shape a solo entrepreneur:
1- Know what motivates you. Find your calling.
The road to realizing your dream is not easy, but if you choose something that you are passionate about, you are motivated everyday to work hard on making your passion a reality.
2- Identify your genius. Recognize what is your passion.
The sweet spot is to identify what motivates you that is also what you are good at.
3- Know the industry. Study it.
Research is key. Understanding the industry you want to venture in and the market you want to create your business in adds value to your business.
4- Become money savvy. Minimize expenses to fund your dreams.
As a start-up business, knowing and managing your finances are of great importance. Consider monthly or quarterly consultations with financial advisors and accountants to make sure that you are on top of your money targets and that you have the funds to re-invest in growing your business.
Always remember that the universe doesn’t conspire against you, but it also doesn’t go out of its way to align the stars for you either. It starts from within. It starts with planning. It starts with walking forward.
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5- Create your tribe. Gather the troops.
Remember that it is not in the number of followers, but in the tribe or audience who are willing to give you their hard-earned money to purchase your product or service.
6- Find likeminded people. Seek mentorship. Rely on online communities.
Connecting with a mentor or peers from your industry will give a further support to your business. You can also consider hiring a coach to further build your brand.
7- Stay curious. Continue educating yourself.
With the advancement of technology, staying on top of what is latest in your industry or market will always give you and your business an edge.
8- Market yourself ruthlessly.
Prepare that elevator pitch and do not be afraid to go out of your comfort zone.
9- Network.
Networking is very powerful.
10-Set Goals.
Consider setting daily, quarterly and overall goals. Revise them regularly.
11-Take control of your time.
Develop the art of saying no to anything that is not a priority to you. Make time for your friends and family but be very protective of your business time that you have carved out.
12-Build your resilience – just like you build your muscles.
It is a bumpy and challenging road to realizing your dreams. Be prepared.
Waiting for the right conditions is not realistic and that’s why most successful solo entrepreneurs create the conditions through conscious thoughts and deliberate actions.
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13-Hire your weaknesses.
Invest in hiring talented people who are excellent in doing things you are not good at or struggle with, especially as your business grows.
14-Give back. Subcontract to smaller businesses. Light someone’s path.
Giving back and building partnerships with small-businesses is not only fulfilling, but can be financially better for your business.
15-Be Patient.
Easy to say. Hard to do. But always necessary.
xo
