Acceler8Success Cafe Wednesday 4.14.21

What entrepreneurial strengths do I have?

Anyone can start a business (yes, really).

But there’s no denying that some entrepreneurs have skills and strengths that help them achieve success.

As you pursue a path to becoming an entrepreneur, you’ll likely focus most of your attention on your business: your plan, your strategy and what you need to launch.

Yet it’s just as important to take some time and reflect on yourself, too. What strengths do you bring to the table as a business owner? And what are your weaknesses?

As you start thinking about your applicable skills and entrepreneurial strengths, let’s take a closer look at the importance of evaluating both your strengths and your weaknesses.

tarting a business is challenging. That’s why it helps to know going in what personal strengths you have that can help you be successful.

Maybe you’re a person who embraces challenges not as obstacles, but as opportunities. Perhaps you’re highly motivated and/or goal-oriented. Do you excel at meeting deadlines? What about your work style: do you prefer to operate at the 50,000-foot level, or do you thrive in the midst of details? Are you creative? A people-person? Competitive or disciplined (or both)? Read more at FastTrac.org.

A Message from Acceler8Success Founder, Paul Segreto

What goes through an entrepreneur’s mind at 2 AM?

An entrepreneur’s mind never seems to stop. More so in the dead of night.

Sure, there’s some worrying – there always is. But it’s more about thinking things through. It’s actually a sense of relaxing and unwinding. It’s some quiet alone time ahead of what is certain to be another busy day. Others would think this is all weird but it’s the peaceful solitude that allows an entrepreneur to think, to sort out answers. For example, part a typical internal conversation might sound like this…

“Where does the time go? We’re already halfway through April and before we know it we’ll be at the mid year mark. Focus. Yes, it’s time to stay focused on goals for this quarter – they’re still clearly in sight. They’re achievable. They are. So, staying the course, yes, it’s key to making this quarter a success. Okay, that‘s right. Don’t change now. New course direction is not needed, just a slight adjustment here and a little maneuvering there and all will be good…”

Actually, this uninterrupted conversation is assuring and as such, mind clearing. And, it enables the entrepreneur to doze off for the best two hours sleep of the night. 

3 Ways to Overcome the Fear of Business Uncertainty

Life doesn’t have a “pause” button. Even if it did, I’d tell you not to push it. Yes, being an entrepreneur during COVID-19 is scary, but fear of failure in business is simply part of the journey. Ironically, it’s also a great motivator.

When I launched my first business, I was scared to death. I was supposed to be the breadwinner. What would our family do if I failed? I didn’t want to find out, so I became incredibly resourceful, never allowing the risk and uncertainty inherent to business capsize my dreams. My experience showed me how to use fear as a positive springboard rather than as a reason to throw in the towel.

The COVID-19 pandemic hasn’t been kind to the startup community. Nevertheless, plenty of entrepreneurs will come out on top when all is said and done. Those business leaders will have something in common: They’ll share an unwillingness to quit in the face of something out of their control. Read more at Addicted2Success.com.

How to Form Better Habits as an Entrepreneur

For better or worse, our habits define us and, if significant enough, can shape our future. The habits we practice every day, whether big or small, eventually add up as the sum total of our behavior. They impact our decisions, our actions and even our internal thoughts and feelings. Good habits can make us smarter, more physically fit and better at our jobs, while bad habits can make us stagnate — and possibly sabotage our own careers.

Accordingly, being able to positively change our habits (i.e., introducing new good habits and eliminating old bad habits) is one of the biggest keys to long-term success, no matter how you define that success. Of course, the issue here is that changing habits can be very difficult. Ingrained habits are ridiculously hard to stop; practicing a habit continuously reinforces it, making it harder and harder to break away from the pattern. And starting something new requires a surplus of focus, attention and willpower.

So how can you do it? How can you form better habits as an entrepreneur? Read more at Entrepreneur.com.

SUCCESS Magazine is back!

The newest issue of SUCCESS magazine hits newsstands today. On cover is none other than personal development legend, entrepreneur, best-selling author and philanthropist Tony Robbins! In this issue, Tony breaks down the surest path to financial independence and offers straightforward advice to the everyday investor. This is one you won’t want to miss. Click here to get your copy >> success.com/subscribe

Navigating the Four Stages of the Entrepreneur Journey

Independent people from all walks of life — everyday entrepreneurs — strive to make an impact on their world. This impact can be commercial, civic or creative, or all three. If you’re reading this, you’re a part of this community of like-minded individuals. You are sharing the path — a recognizable entrepreneur journey — with others around the corner and around the world.

We have identified four distinct stages of this entrepreneur journey that are similar worldwide, across industries, and bridging all types of ventures: Dream it, Create it, Grow it and Manage it. Read more at GoDaddy.com.

Asking for Help is Badass

A smart leader knows the skills it takes to get the job done. An even smarter leader knows when to ask for help.

Don’t get so caught up in your own ego that you can’t get help when the chips are on the table.

It doesn’t make you weak. In fact, it makes you strong as hell to identify WHEN you need help, get the RIGHT help, and IMPLEMENT IT when it comes.

Join the Lonely Entrepreneur Learning Community today as www.lonelyentrepreneur.com.

How to Discover and Unleash Your Strengths as an Entrepreneur

If you want to become a successful entrepreneur, you need to discover your strengths and give yourself every possible opportunity to leverage them each day. It goes without saying that you need to be damn good at what you do.

Taking the time to discover your strengths and focus on perfecting the skills that’ll help you become the best in your industry, becomes a very crucial decision point in every entrepreneur’s journey. Especially on the road to validating a business idea, getting the early traction and acquiring your first paying customers.

Through my interviews and experiences working with successful entrepreneurs, I’ve come to notice many remarkable similarities they tend to share in common.

They’re often ruthless when it comes to both opportunity management and time management, which very quickly become defining traits as an entrepreneur.

They know the importance of optimizing their lifestyle and doing their most challenging work at the time of day that best suits them.

They never give up and actively refuse to take no for an answer. Read more at Ryrob.com.

“Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.” —Arnold Schwarzenegger

How Your Business Can Be Ahead of the Curve by Looking Backward and Thinking Forward

Looking back, the formation of many innovative companies began with change. The founders of Home Depot, the first big-box home improvement store, were fired from their local hardware store. One year later, the first two Home Depot stores opened in Atlanta, Ga. Groupon, a website that promotes companies by offering deals on their products and services to consumers, developed right in the middle of the 2008 recession. This company’s aim was two-fold: promote struggling companies’ products and ease the public’s financial burden with discounts. 

The point? Adversity inevitably brings change, and this trend of change spurring innovation is constantly recurring. Therefore, entrepreneurs and businesses should always think of how to turn today’s adversity into tomorrow’s bright star. Read more at Entrepreneur.com.

The Secret Weapon for Successful Entrepreneurs; 5 Must-read Books in 2021

Are you determined to get back on track this year no matter what? If so, you’re not alone. Many entrepreneurs faced unexpected hurdles in 2020 and had to evolve to survive. 

Now is the perfect time to remain flexible and open to new ideas so you can better position your business for success. One of the best ways to learn fresh, innovative ideas is to read books written by accomplished entrepreneurs. While your competitors are binge-watching the latest Netflix shows, why not stay one step ahead by reading books? Regardless if you want to build a startup or sell a mature business to the highest bidder, this curated list of must-read 2021 releases can help guide you during each stage of your entrepreneurial journey.

All of these books offer wise advice, practical strategies, and insightful stories that can make it easy for you to learn how to build a profitable, sustainable business. And remember, the most successful business owners never stop learning! Read more at Influencive.com.

We’re very excited to announce an addition to our digital family… the Acceler8Success Cafe Daily Podcast. Launching in June 2021, our new podcast will help current and aspiring entrepreneurs to start their day on the right foot in the time it takes to enjoy a cup of coffee or two. Guests will include some of the leading entrepreneurs in small business, restaurants & hospitality and franchising today. Stay tuned for more details!