The entrepreneur journey can be rewarding in many ways. For instance, providing a cost effective solution to a global problem.The entrepreneurial path is also more traveled than before.
According to Statista, 310 out of every 100,000 Americans are dabbling in entrepreneurship.
Many new entrepreneurs also believe that where they live is conducive to having success. An estimated 63.6 percent of Americans say that their location is a good place to start a business.
However, not all entrepreneur journeys end in success. Many very successful entrepreneurshave failed a few times before hitting the mark. But you can build on the mistakes of those before you, growing your new endeavor into a thriving business.
The following roadmap to entrepreneur success in 2019 may just be the catalyst for bringing your vision to the market.
Know that Failure is Definitelyan Option
Entrepreneurial success is definitely not a guarantee, even if you have a great idea. One of the biggest reasons startups fail is lack of funding. We are not talking a few thousand dollars from your savings, or what you gather up from crowdfunding.
The most successful entrepreneurs get the big angel investor or venture capital rounds. However, to get to this stage, you need to survive and show proof you know what you’re doing.
This is challenging, but knowing you can fail will keep you highly motivated to learn from failure and be more successful your next go around.
Rise and Shine with Purpose
The old saying, “the early bird gets the worm” is absolutely true in the entrepreneurial space. To be successful, you need to rise early and begin each day with vigor and purpose.
The journey of any startup is up and down, so be happy when riding highs, and stay motivated when there are lows. The art of being exceptional is not easy, but it is most certainly attainable.
Having purpose each day is vital to your success. One way to start each day with purpose is to actually start it the night before. Every evening make a list of tasks for the next day and prioritize them.
Many successful entrepreneurs will actually schedule tasks by the hour to get top priorities out of the way first. This can also help you stay focused and on track throughout the day.
Approach Work Intelligently
Do entrepreneurs work in excess of 12 hours per day? Yes, many do, but you don’t have to. In fact, being solely focused on your startup is not healthy for you personally, or for your business.
It is important to step away from work on a regular basis to exercise, spend time with family and friends, or just have a walk around the park. You may be surprised that you are more focused and get more done taking a step back every so often, instead of toiling away.
How do you keep day-to-day startup operations running smoothly while you’re taking breather? Delegate and automate.
Delegate and Automate as Much as Possible
There is no reason for an entrepreneur to toil away and do every aspect of the startup anymore. Technology has almost automated everything. If there isn’t an automation tool, hire someone and delegate.
This is especially important for tasks you are not all that good at, or simply don’t like doing. For instance, you can find plenty of professionals on Freelancer.com, Fiverr, or Upwork.
Delegating and automating tasks can also free you up to be more creative. Creativity is paramount to entrepreneurial success, so stay creative while other people, or bots, do the rest.
Maximize Workflow Productivity
Successful entrepreneurs know the power of maximizing productivity. You may have automated and delegated tasks to your freelance or contract workers, but you still need to keep everything moving forward.
Chances are, most of your workers will be remote in the early startup stages. To keep all your remote workers on the ball, you’ll need productivity tools in place to keep track of tasks and deadlines. From free website builders like WordPress with shared access to low cost managed WordPress hosting, taking advantage of all the tools for cloud based productivity in a remote setting will only increase your chances of staying in the black.
Wrapping Up . . .
The above may not be an absolute guarantee for entrepreneur success in 2019. With any roadmap, you are bound to hit real life obstacles that you’ll need to overcome to grow your startup into the success you envision it to be. What success tips did we miss?