I’ve been doing this entrepreneurship thing for over seven years now. If you know my story, you know I didn’t start out as an entrepreneur, nor did I come from an entrepreneurial background. Still, I decided to make the move to the life and work I love, and since then I’ve never looked back. Now, seven years later, my entrepreneurial endeavors include being a speaker, hosting speaker conferences, life and career coaching, blogging thoughts on success, and developing products.
Along the way, I’ve discovered seven critical success factors that have been keys to success for me as an entrepreneur. I teach these critical success factors at the Speak It Forward Boot Camp and wherever else I get the opportunity to engage with entrepreneurs.
What makes these seven elements critical success factors is that they are predictors of achievement and accomplishment in the self-employment world. I would go so far as to say these seven critical success factors are equivalent to the DNA of success for entrepreneurs.
S elf-Starter — Are you proactive, intentional, and driven? You won’t make it in the self-employment world if you are not.
U nited Family — Do you have the support of your spouse and family to enter the entrepreneurial world?
C oncentration — Are you focused and not easily distracted? As an entrepreneur, you will log some long hours, so you better be able to concentrate. (As an FYI, it’s easier to stay focused for long periods of time if you love your work and are passionate about it.)
C apability — Do you have the talent to be successful in your chosen endeavor? I’m successful as an entrepreneur because my business revolves around my talents and skills of speaking, training, coaching, writing, and leading. One of the most critical success factors in self-employment is NOT trying to find work in the hottest industry, but finding work that fits your best skills and abilities.
E nergy — Do you have the physical and emotional energy to run a business? This is important because as I already said, entrepreneurs work long hours.
S tick-to-it-tive-ness — Are you committed enough to give the endeavor a minimum of 12-to-18 months of intentional focus with little or no financial reward?
S elf-Discipline — This might be the most critical success factor…are you determined and disciplined enough to do what needs to be done, day after day, to grow your business?
There you have it…seven critical success factors for entrepreneurs. I hope they help you along your journey!
If you are an entrepreneur who is interested in generating revenue as a speaker, or a speaker who is interested in becoming more entrepreneurial, why not join me at the Speak It Forward Boot Camp?