Tuesday, December 4, 2012

Some Traits of a Successful Online Entrepreneur

The items below represent some common traits among those who find a high level of success online:

> Focused and Goal Driven
Doing today's work today, yet with a long range goal in mind, is essential. Anyone can keep busy, but unless that busy-ness is taking you forward toward your end goals, you may be pushing what you want away from you rather than drawing it toward you. Without long range goals to keep us on track, we are wandering a jungle without a map.

> Decisiveness
Too many "newbies" to business are afraid of making mistakes. They are indecisive at best, and some are almost paralyzed by their fear. They often won't make the simplest of decisions without looking for someone to tell them what to do. This obviously retards their progress and potential.

Successful entrepreneurs are decision makers. They are problem solvers. They are risk takers (calculated risks—not rash, impetuous risks). Rather than waiting for someone to tell them what to do next at every step of the way, an entrepreneur is proactive and researches the problem and possible solutions.
The biggest mistake newbies make (besides not having defined goals) is failing to take sustained action! If you're waiting, you're not doing. If you're not doing, your business isn't being built. If you're not building your business, what are you doing?

> Can-do Mindset
Those who fear failure seldom create significant success. For those with low self-esteem, failures are painful and are to be avoided. This prevents them from taking the kind of calculated risks that drive a business to success.

If your mind is in the wrong place about failure, a failure is thought of as a personal experience. If your mind is in the right place a failure is thought of as a learning experience.
It could be said, the faster you fail the sooner you'll prevail. Entrepreneurs believe in their dreams and don't allow obstacles to defeat them.

> Cool Under Fire
No matter how good you are at what you do, you will be criticized. Some criticisms will have merit, but many will not. The successful entrepreneur needs to be able to handle all criticism with poise and confidence.

Imagine yourself above the fray looking down at it as though it were someone else being criticized instead of you. From this lofty perspective you can respond intelligently rather than react emotionally.

> Self-motivation
Self-motivation and enthusiasm are key elements to entrepreneurial success. Internet marketers like to tout the "Internet lifestyle" in their sales copy, trying to make people believe this business is easy.

I can guarantee you if they are successful at all, they worked a lot harder than they let on to get to a point where their lifestyle is better than the average 9-5 worker. Chances are they worked 60-80 hours a week, including weekends and nights, to become successful. Without self-motivation they’d never make it big.
 Source: Boogie Jack’s Newsletter Nov. 2012

 Merry Christmas to one and all!