5 words all entrepreneurs know about??
Fazil Azmaan MBA
Founder. Mission to transform complex problems into intelligent solutions. CMS graduate. Got a job, hated it. Started building businesses worldwide, loved it. International Business Builder | Mentor | Author.
1. Speed
Speed is crucial as an entrepreneur.
Just imagine a plane running out of fuel mid air.
It doesn’t just stop and fall at a 90 degree angle.
With speed, you carry the momentum within your business.
Ultimately, with speed you can always be building without the fear of your business going under- Which drives the momentum forward.
2. Momentum
Just like the plane example, momentum is what keeps the plane moving without it falling.
A business needs this in order to not only succeed but keep its speed in order for the business to not crash.
As a solopreneur momentum is extremely difficult to achieve- Yet is KEY for staying relevant and keeping your business known.
3. Resilience
I speak for most entrepreneurs when I say- We have all been at rock bottom at some point, Either during or before launching our businesses.
But that’s Okay, It’s a normal feeling.
A wise man once said: “It’s not what happens in life, it’s how you react to it and become better” During the hardest times, you WILL wanna give up.
But we understand what is at stake in the long run.
Surround yourself with people who won’t let you lose. And make sure to take care of yourself.
4. Consistency
By far the hardest one to keep as it requires.. well… consistent work.
And it outweighs intensity by a mile.
领英推荐
You don’t become ripped by doing an 8 hour gym session.
No, you get ripped working out 30 minutes a day for 6 months. Just showing up everyday will get the job done by over 50%.
Consistency is important as it leads back to two other points I made: Momentum and speed.
You can’t expect to keep momentum and grow quickly if you take every weekend off.
Think about it- that’s 104 days a year you could’ve worked.
That’s nearly 1/3 of the year you are missing out on.
And trust me, time and business Doesn’t wait for you. It HAS to be everyday, I’m sorry but there is no avoiding this.
5. Compound
Have you ever heard the term: “Money makes money?”
If you have a million dollars investments with a 10% annual rate.
You will make 100k by not lifting a finger.
In business you will find yourself struggling for months, years without growth.
But then it hits you all at once? That’s the compounding effect.
And don’t feel like you wasted your time either working all those years.
Because everything you did set you up for this moment.
Business only gets easier and easier when you make it to the top.
Thank you for reading this . It was a blast writing it out.
Keep winning people, until next time. -Fazil Azmaan
Inspirational Human Resources Team Lead Empowering Team Success
4 个月Insightful share Fazil Fazil Azmaan MBA . Keep Shining dear ????????????????????????????????????????????????????????????????????????