Entrepreneurship can be a very overwhelming career path with the potential to make you millions of Naira.
However, there are so many entrepreneurs who find themselves overwhelmed, burnout, and struggling to meet ends meet.
In this article, I’ll expose you to 4 Secret tips to become a successful entrepreneur and avoid the trap that most entrepreneurs fall into at some critical point in their career.
1. Learn The Art Of Selling
Sales is the lifeblood of every business. To become successful as an entrepreneur, you must show up daily to sell.
Your greatest success as an entrepreneur lies in your ability to understand your customer, know what they need and figure out how to present your product as the only solution they need.
Money is made only when you sell. 80% of your success in your entrepreneurial journey lies in your ability to sell.
However, you need to know and believe in what you sell in order to sell it well.
Sales is the number one skill for every entrepreneur. If you want to be a successful entrepreneur, then you have to be super great at selling.
Learn to sell yourself and your ideas to investors first before you sell your products to your customers.
“If you don’t know how to sell, you can never make it in life” ~ Abbey Oyetunji
One complain I get from budding entrepreneurs is; “I don’t know how to sell.”
Listen, to become a successful entrepreneur, you must learn to sell. No two ways about it. You learn to sell by selling! It’s a very critical skill for your success in entrepreneurship.
Now, selling and giving value come hand in hand. You’ve got to always add value before you sell. Give out premium information, educational content before you sell. You’ve got to develop the ability to sell and provide a lot of value in a short period of time. These are traits of great entrepreneurs. Learn it!
The reason most entrepreneurs are afraid of selling is that they don’t believe in what they are selling. If you truly believe in what you have for sale, you’ll be so confident to present it anywhere for sale.
As an entrepreneur, selling is an obligation. It is not a ‘should do,’ but a ‘must do!’
2. Embrace Challenges; Develop Skin In The Game
Entrepreneurship is hard work and full of challenges. If you can’t work hard, don’t go into it. Being an entrepreneur is the hardest thing you’ll ever do, but if done well, it’ll be the most adventure that will make you happy.
The entrepreneurship path is a very lonely path that is not so easy. What we see is the car, the house, the successes of other successful entrepreneurs, but no one is telling us about the dark side of entrepreneurship.
As an entrepreneur, we are always out there hustling, working seriously hard, trying to bring in revenue and make things happen.
Truth is, entrepreneurship is full of challenges, but to make headway or become successful as an entrepreneur, I’ll sincerely tell you to embrace those challenges.
Now, to develop skin in the game means to become ‘directly involved in or affected by something, especially financially,’ even when everything is crumbling.
Even when everything you own is crumbling before your eyes, you’ve got to develop a thick skin in the game of entrepreneurship. It won’t be easy, but embrace the challenge that comes with this career.
3. Define Your Business Goals And Come Up With A Plan:
Successful entrepreneurs usually define their business goals and come up with a detailed plan of action to achieve them.
This allows them to focus their actions on a more positive outcome.
To become a successful entrepreneur, you need to have a solid business plan.
Planning is very important to any business success.
How To Plan A Business For Success
(a) List Out what you Can Offer
(b) Define Your Skills
(c) Explain How It is Unique
(d) Dramatically illustrate how you plan on growing your business within the space of six months for a start.
4. Refuse To Quit:
What makes a successful entrepreneur is his ability to maintain consistency even when the whole world is against him. When you’re faced with challenges, refuse to quit. When hard times comes knocking, refuse to give up. Develop hard skin in the game.
The determination to remain consistent even in trying times is what separates successful entrepreneurs from the unsuccessful once.
There you have It, Top 4 ways to be a successful entrepreneur.
Over to you…
What other unique ways do you think a budding entrepreneur can become super successful? How are you dealing with the challenges and struggles that comes with entrepreneurship? I’d love to hear your thoughts in the comment section below.