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The Three Keys to Entrepreneurship

Listening. Persistence. Organization.

There are many things you need to be a successful entrepreneurship, and to me, there are three specific traits that stand above all others. Now, I'm no millionaire (at least not at the time this article was written), so don't take my word as absolute. However, if you can find anything here that helps you, I'll be happy!

Listening to All Ideas / Opinions

It is important to listen to the ideas and opinions of everyone around you. "Leave no stone unturned." as they say. All knowledge and information holds value, even if you don't fully agree with it.

Best case scenario, someone gifts you with a wonderful idea or opinion that you immediately understand. You can see the potential of this idea or opinion, and you are in a position to capitalize on this realization. It is like magic when this moment happens.

However, if you don't understand or agree with an idea right away, that doesn't mean it's worth dismissing. Another person, with their own unique view on the world, took the time to offer you their words. If you can't find any nuggets of gold in their wisdom, perhaps you need to take a step back and reevaluate yourself.

All things considered, the opinion and ideas you value most should be your own. Just as you shouldn't dismiss a "bad idea" from someone else, give yourself the same respect. I'm not saying, dig your heals into the ground to publicly defend all your ideas. Instead, keep all your ideas in your pocket, ready to use at a moments notice. You never know when the situation will change and make something that was previously impossible become possible.

In summary, listening for inspiration must be done with both confidence and humility. Never let someone's negativity destroy your ideas, but always listen to the wisdom of others.

On a parallel note, when someone has a brilliant idea that you haven't even considered, don't steal it from them. They have shown insight that you didn't have. Instead, join them. Partner with them. Hire them. Whatever you have to do, get them on your side. It is better to have smart allies than smart enemies.

Persistence and Adaptability

It may be overplayed, but Thomas Edison was right when he said, "I haven't failed -- I've just found 10,000 that won't work." This quote speaks volumes about both persistence and adaptability. Despite snags along the way, he didn't stop trying to make the lightbulb. However, with each attempt gone wrong, he accepted the loss and learned from it.

We all have "lightbulbs" in life. A "lightbulb" is any goal or idea you want to see to fruition. Even if you don't want to start a business, at the very least, we should all share one goal, to be happy. When something gets in the way of your happiness, shrug it off as best you can, because life is too short.

For me, my goal is to build a nurturing community for writers and artists. That is why I made Infinity Fiction LLC. However, even if Infinity Fiction doesn't work out in the way I originally hoped, I will find another way to achieve this goal. I will make my lightbulb!

What's your lightbulb?

Organization and Flexibility

Once you have found the thing you're passionate about, you have to take action. The first thing you'll need is a road map, a business plan. However, this is only the beginning.

You'll need to understand where your getting your finances, bring people onboard to help, and a great deal of other hurdles. In short though, you'll need to reorganize your entire life. As an entrepreneur, you'll be using your own resources to get started. Sure, you can find investors, but even then, you'll still be spending your most precious resource... your time.

In order to make the most of your time, you'll want to set achievable goals and give each one a time frame for when it needs to be completed. Then, all you have to do is stick to the plan.

Though, life isn't that predictable. Inevitably, some random factors will come into play and send your plans off the rails. This is where flexibility comes into play. When things don't go according to the plan, you'll have to figure out what happened and adjust. Was it the plan, your execution of the plan, or an unforeseeable element?

If it was your plan, whether it was your goals being too lofty, your timelines being too strict, or failing to account for something you should have seen, that is an easy fix. Adjust your plans and keep moving.

If it was your execution of the plan, loosing focus for any reason, this is also an easy fix. Simply do better. Try harder. However, for some people, this is not as easy as it may seem. Before you rededicate yourself to the task at hand, you have to look inward and find that reason for loosing focus. You'll have to be self critical, without beating yourself up.

Then, we have the scariest of the three, unforeseeable circumstances. Sometimes, life just happens, and there's nothing you can do to change it. How you react, on the other hand, you can control. Brush yourself off, make adjustments where needed, and keep going.

Bend, but don't break!


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