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Everyone has their own excuses for why they don’t take the first steps to becoming an entrepreneur. When people are scared and unsure of their abilities, they make excuses for staying in their current position, a position that is comfortable and makes them feel secure. They stay where they are comfortable, never taking chances and being miserable the entire time. Every successful entrepreneur has grit. It is not something that they were born with, but rather something that they worked hard to develop and continue to maintain along the way. Grit is the belief that you can conquer anything as long as you stick with it. It is the determination you have to win, no matter what. This guide will show you how to develop your grit, drive, and hustle so you can become a successful entrepreneur. Here's what you'll discover inside this guide: Learn to find the passion you need to start your entrepreneurial venture How to finally face your fears as an entrepreneur Learn hat it takes to build your perseverance, an essential trait for success How to become more resilient and boost your stubbornness How to increase your confidence, optimism, and creativity The characteristics of an entrepreneurial mindset The 6 P’s of the entrepreneurial spirit The seven common traits all successful entrepreneurs possess The characteristics that all gritty people have Why you need grit to be successful The habits of gritty people And much more
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While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.
First edition. October 1, 2018.
Copyright © 2018 Dr. Michael C. Melvin.
Written by Dr. Michael C. Melvin.
10 9 8 7 6 5 4 3 2 1
Chapter 1 – Understanding the Entrepreneurial Mindset
Chapter 2 – 7 Common Traits of an Entrepreneur
Chapter 3 – What is Grit?
Chapter 4 – Why You Need to Develop Grit to Become Successful
Chapter 5 – Habits of Gritty People
Chapter 6 – How To Find Your Passion
Chapter 7 – Face Your Fears
Chapter 8 – Build Your Perseverance
Chapter 9 - Become More Resilient and Boost Your Stubbornness
Chapter 10 – Boost Your Confidence, Optimism, and Creativity
This e-book has been written for information purposes only. Every effort has been made to make this ebook as complete and accurate as possible. However, there may be mistakes in typography or content. Also, this e-book provides information only up to the publishing date. Therefore, this ebook should be used as a guide - not as the ultimate source.
The purpose of this ebook is to educate. The author and the publisher do not warrant that the information contained in this e- book is fully complete and shall not be responsible for any errors or omissions. The author and publisher shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused or alleged to be caused directly or indirectly by this ebook.
Every year in the United States, more than 627,000 new businesses open, according to estimates from the Small Business Administration, SBA. That's more than half a million people deciding to leave their 9 to 5 job and set out on their own.
Unfortunately, not everyone is cut out to be a small business owner, as evident by the nearly 595,000 businesses that close every year. To those companies that are able to get off the ground and running, only 51 percent are able to remain in business for more than five years.
With such disheartening numbers, you may be wondering if you should venture out on your own and start a business, and whether or not you’ll succeed as an entrepreneur. The good news is,
anyone can become a successful entrepreneur with the right mindset. The mindset of successful entrepreneurs is different from everyone else. There are many ways in which they think and act differently. When you know what you are looking for, you can begin to think and act like a successful entrepreneur.
When it comes to creating a successful business, like any journey, you need to have a map. Having a plan of where you need to go will help you get to your destination in the fastest time possible. This book is meant to be your map and help you become a successful entrepreneur, as fast as possible. To be truly successful, in anything that you do, you have to have the right mindset. This is true whether you are an elite athlete, a world champion, or a billionaire business owner. All of these people share a specific mindset, and if you want to be a successful entrepreneur and be successful in life, you will need to develop this same, robust and focused mindset.
The more important question that you will have to ask yourself at the beginning of your journey to entrepreneurial success is why are you doing this? The answer that you give is one that will have to last you for the majority of your life, so the answer better be good. It has to be good enough that you won’t falter, even at the worst of times.
Staying focused and driven to reach your goals and find success will require you to rewire your brain. However, if you've never reached a low point or a turning point, how are you going to do this? How can you get into the zone and stay there, all the time, no matter what? Finding the zone and staying there month after month, year after year isn’t an easy task. That’s why the question of why you’re doing this is so important.
Who you are, what you think, your personal habits, your attitude, your thoughts and your beliefs will determine the results you get, regardless of what you do in your life. Developing an entrepreneurial mindset is one of the best things you can do. It helps you to challenge yourself to recognize, overcome, and change what isn’t working in your life.
As a business owner, you have to quickly come to the understanding that your mindset is your business. It represents the path you’ll take and how quickly you’ll achieve success. The entrepreneur’s mindset begins with your excitement about the
success that is still to come. Successful entrepreneurs can see the opportunity put before them and spends hours daydreaming about the success they will achieve and how it will feel when it becomes a reality. It’s what fuels the fire. Without it, the motivation for any entrepreneurial venture will quickly fade.
Many people believe that a successful business relies solely on the business model. However, there is more to it than this. To truly find success as an entrepreneur, you have to develop an entrepreneurial mindset. So, what does having an entrepreneurial mindset entail?
When you envision what an entrepreneur is, you probably think of a hard-working individual, who is smart and knows how to network. Someone that is creative and is able to take calculated risks. They might have outstanding leadership skills and other qualities that make them successful. While these qualities are integral parts of every entrepreneur, not all successful entrepreneurs have these qualities in abundance. The fact of the matter is that some entrepreneurs will lack some qualities altogether while having a wealth of others. So, what is the
commonality between all entrepreneurs; what is the one thing that all entrepreneurs possess?
For 99 percent of successful entrepreneurs, they have the spirit of entrepreneurship in common. This means they are unable to accept the status quo. Deep down, successful entrepreneurs are rebels. They are rebels who are unwilling to conform to standards set by others. They push themselves past these set boundaries. It is this spirit that allows them to face a plethora of problems and see the solutions and opportunities presented. It is the same spirit that allows them to rise above the fear of failure and overcome doubts. It allows them to improvise, innovate, invent, and create new paths and businesses, where none exist. The entrepreneurial spirit is the undying belief in one's own ability. It is the resolute belief that we all have a role to play in shaping society through the creation of business solutions for some of life's most common problems.
Most of the qualities that entrepreneurs possess are a manifestation of the entrepreneurial spirit. When faced with a problem, entrepreneurs will exercise resourcefulness. When faced with a situation that they can’t immediately control, a successful entrepreneur will always persevere.
As a budding entrepreneur, one thing that you must understand is that the entrepreneurial spirit transcends business.
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