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The 10 Proven Habits of Successful Entrepreneurs

Updated on February 26, 2020
nitinkhaire profile image

Nitin is a certified life coach, executive coach, writer, husband, and father. His passion is to help people become the best they can be. It

Successful entrepreneurs
Successful entrepreneurs | Source

Do you ever wonder what are the proven habits of successful entrepreneurs?

What is the secret behind the chosen few businessmen whom we also know as successful entrepreneurs?

If only we can find the secrets behind their success, we can replicate their success too.

Today, I want to reveal 10 such secrets or proven habits of successful entrepreneurs.

This will help you to inculcate the same habit patterns in your life, and achieve phenomenal success.

Here we go….

1. Take Prompt Action

Success is about persistent, consistent and massive action.

Successful entrepreneurs are always massive action takers.

As soon as they know that a particular venture needs action, they swing into action.

They never delay such decisions and reap the benefits hugely.

When they see opportunities, they go for it immediately without any procrastination.

2. Have Plans and Strategies

They know how to formulate S.M.A.R.T. goals and well-planned strategies to execute the plan smoothly for maximum effects.

They know how to enroll and engage others through proactive promotion, advocacy, and ongoing clear communication.

Successful entrepreneurs never take a shot in the dark.

They are very meticulous in their planning. They have an eye for detail that is excellent.

They are very good at formulating strategies that will lead them towards their goals smoothly and consistently.

3. Invest in Themselves Heavily

They don’t spare any effort when it comes to self-development. They will invest lots of time and Dollars in order to learn something new.

They are reading constantly and enrolling in new courses, masterminds, and seminars all the time.

They are aware of the fact that readers are leaders. They have huge libraries.

They even employ the services of a Life coach or a business coach to guide and help them on their journey towards success.

They have a passion for self-education and it pays off in great results in the days and years to come.

4. Value People Over Things

These people have a value system that holds human beings above money, things and anything else.

For these successful entrepreneurs, people are important.

All their efforts are geared towards knowing how they can serve people.

They are on the lookout of how they can add value to people and how they can solve the pressing problems which people are facing.

Source

5. They Have The Right Priorities

They know how to distinguish between what is important and what is urgent.

They have mastered the art of setting the right priorities.

Successful entrepreneurs don’t allow the important to suffer at the altar of the urgent things.

They take time to set the right priorities.

They keep the process simple and think beyond today.

They make hard choices and invest resources wisely…all geared towards the desired goal.

They maintain their focus in spite of ups and downs.

They know how to keep the right balance.

As a result of all these, they are able to keep the right priorities.

6. They Manage Their Time Wisely

Successful entrepreneurs are very good at time management.

They usually do this with proper planning, goal setting, delegation of work and prioritizing tasks in their order of importance.

They never procrastinate important actions.

They are well organized and use planning tools like Monday, Trello, and others.

Much like money, time is limited and invaluable.

So it has to be used wisely.

Successful entrepreneurs practice good time management techniques and so they:

  • Display excellent work ethics.

  • Have more capacity for the accomplishment of their goals.

  • Are never overtly stressed.

  • Have enough time to do what they want to do.

  • Are able to do more than the average person is able to do.

  • Are more easily accessible.

  • Have a feeling of self-satisfaction.

7. They Have A Positive Attitude

Successful entrepreneurs have a never say die attitude.

No matter what happens, they maintain a positive attitude to life all the time.

They have an optimistic outlook on life in general.

They always expect the best things in life and business.

They believe that if life throws lemons at you, you should make lemonade out of it.

They have adopted a positive outlook in life and so everything about them and their actions are constructive.

They keep going in spite of failures.

They act as if failures are just a few ways that it is not supposed to be done.

Many great scientists like Albert Einstein experimented hundreds of times before they achieved success.

The main lesson is that they never gave up.

Successful entrepreneurs likewise never give up.

They create a positive environment with their positivity and success naturally happens in such an environment.

Goals are achieved and targets are met with ease in a positive atmosphere.

Employees and customers can also feel the positivity and are happy, resulting in more productivity.

Successful entrepreneurs
Successful entrepreneurs | Source

8. They Are Self-Disciplined

Nothing of any value can be accomplished without self-discipline.

Successful entrepreneurs are very disciplined people.

Self-disciplined people are in full control of their lives and actions.

They are not given to act on a whim.

They are very methodical and systematic.

They are disciplined about their sleeping habits and eating habits.

They ensure that they are healthy and robust.

They use their words very circumspectly.

They use their time wisely.

They respect the opinion of everyone.

They have clear goals and execution plans with a timeline that they strictly follow.

9. They Are People Of Integrity

According to Wikipedia, “Integrity is the practice of being honest and showing a consistent and uncompromising adherence to strong moral and ethical principles and values. In ethics, integrity is regarded as the honesty and truthfulness or accuracy of one’s actions.”

Successful entrepreneurs are honest people with a very high moral standard, ethical standard, and great human values.

Successful entrepreneurs follow their moral convictions and endeavor to do the right things in any circumstances without compromise.

Great motivators like Brian Tracy emphasize the need for honesty and integrity in business in their talks and writings.

10. They Are Very Good At Networking

It is a well-established fact that networking is one of the most powerful tools in the building of a successful business.

No man is an island. In business, networking adds the power of synergy.

Networking allows businessmen to access more information and talents for the common good.

Successful entrepreneurs have learned to harness the power of networking.

The networking principle states that two people can accomplish way more together than what they can accomplish individually.

The power grows exponentially through networking and successful entrepreneurs know this fact very well.

Successful entrepreneurs have developed these ten habits in their lives.

They know how to put these principles at work in business to achieve phenomenal results for everyone to see.

You can emulate them and obtain similar results too.

It’s like a blueprint for you to follow.

It will make a huge difference in your life and business and give you a VIP entry into the club of successful entrepreneurs.

Now that you know the 10 proven habits of successful entrepreneurs, the scales are tipped in your favor.


This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2020 Nitin Khaire

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    • nitinkhaire profile imageAUTHOR

      Nitin Khaire 

      7 weeks ago from Mumbai

      Yes Mahesh, strategies, fast action, networking are all necessary to ensure success in business.

      It's not just one thing but a combination of all these that give you success as an entrepreneur.

    • nitinkhaire profile imageAUTHOR

      Nitin Khaire 

      7 weeks ago from Mumbai

      Thank you Amy. You are absolutely right. Entrepreneurship is not by hit or miss methods.

      There are principles and strategies to achieve success.

      Patience and hard work is required too

      When all these things are organized properly, you will see success

    • profile image

      Mahesh Chandra Gaur 

      7 weeks ago

      You have provided some valuable qualities to adopt to turn successful in life. Making the right strategy and grabbbing the opportunity at the right time are the necessary steps to achieve success. A strong network also helps in promoting our brand.

    • AmyMistry profile image

      Amy Mistry 

      7 weeks ago from Surat, Gujarat, Bio

      That's a very well put article. It thoroughly explains how an entrepreneur is and should be. That's right, success does not come to you by luck or by just an accident. Train for it, plan for it and you have to go out and get it.

      Kudos and for the article.

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