5 Ways to Take Your Entrepreneurial Aspirations to The Next Level 93

entrepreneurial aspirations

This is a guest post by Adnan Afzal, co-founder of Technorian, a budding tech-based entrepreneurial venture determined to make its mark. Firm believer in the power of significant online presence, Technorian extends top-notch development and maintenance services.

Having entrepreneurial aspirations but don’t know what step to take first? Here’s a different, smarter approach you can try by choosing to work on yourself first.

Personal development is a journey rather than a destination, a life-long process yielding you with enhanced life quality by virtue of personal discovery and nurturing of inner talents and potential, bettering your chances of accomplishing significant goals and dreams.

Isn’t this what entrepreneurship is also all about? Indeed, it is and that’s what makes personal development a significant part of your entrepreneurial development too.

It is also critically important to acknowledge that personal development goals are highly individualized. There are almost infinite facets of personal growth, but here we will focus specifically on 5 areas , which will serve to complement your entrepreneurial aspirations as well, helping you make the best of your startup ideas.

5 Areas of Personal Development That Will Augment Your Entrepreneurial Aspirations

1. Refining your skills and acquiring new ones.

Continuous learning is at the core of personal as well as entrepreneurial development. You cannot be a true entrepreneur if you confine your learning curve for one reason or the other.

As an entrepreneur you must always be willing and be ready to learn and enrich yourself to keep up with the rapidly changing trends. The more you develop yourself on a personal level by setting and accomplishing new goals, skills and targets, the better your entrepreneurial aspirations will mature.

Investors are always in search of the best mix of corporate and personal skills within entrepreneurs and it’s surely a good idea to get into something new, expanding your knowledge horizons and boosting up your innovation and creativity.

2. Self-discovery and developing your potential.

Every single one of us is gifted with something special, a specific talent, which is there to be discovered and nurtured.

In fact, it is one of the most challenging tasks you might assign yourself all through your life, but it’s worth taking a shot at, because the rewards are just beyond comprehension.

A good entrepreneur is one who is not afraid of setting new goals aimed at self-discovery, to explore the talent hidden inside and nurture it to get better in personal as well as professional life.

This is a tedious journey requiring you to move ahead step-by-step, never stopping and never giving up, building your confidence on the way and also measuring your success.

3. Improving social skills.

Not only confined to present-era, but socializing has been one of the biggest success secrets of the whole human race throughout the evolutionary journey spanned over millions of years.

However, the leverage socializing gives you nowadays, especially in entrepreneurial arena, is more than ever.

Present-day entrepreneurs are valued greatly for their socializing skills, as it has become almost impossible to make any difference playing a lone-wolf.

Your socializing skills as an entrepreneur create better business opportunities due to better interaction and networking with others around you.

Learn about different cultures and values and team-up with the best people across the globe to actualize your entrepreneurial ambitions.

4. Improving health and fitness.

Improving health and fitness is not an issue of personal development anymore for entrepreneurs. They should challenge themselves to spruce up their energy levels and cognitive abilities, as they will need plenty of both to excel their contemporaries.

Eat healthy, exercise regularly and set goals aimed at improved lifestyle. This will not only help you look and feel better, but will also help you tackle stress better, which has become an inevitable part of modern entrepreneurial lifestyle.

5. Sharing and caring.

Surprised? Don’t be, because it’s sharing and caring that leads to ever-evolving entrepreneurial horizons. You must be open to giving back as much as you are willing to take away from entrepreneurial community.

Great entrepreneurs always encourage knowledge sharing and mentoring. You must set personal goals leading you to help and share with others as frequently as possible; it’s pretty simple, give more to get more.

Remember, it’s never too late for a new and better beginning. Improving in these areas of personal development will also serve as an improvement in your entrepreneurial aspirations.

Do you have any other areas of personal development to share with us, which can help enhance in entrepreneurial development as well?

Get The Lifestyle Designer's Digest
Directly into your inbox every Monday.
Previous ArticleNext Article

What the Richest People in the World Have in Common 6

What the Richest People in the World Have in Common

Getting rich is something everyone dreams about.

For those facing financial hardships, getting rich seems the only way out to tide over shortage of money. For the bourgeoisie – the working class – getting rich conjures up visions of stuff they want to buy for luxury or higher social status. Millionaires also wish to get rich: they want to become billionaires and enter Forbes List of the world’s wealthiest people.

Unless you inherit a fortune or get lucky at lottery or sweepstakes, getting rich can be quite tough.

Yet, there are countless rags-to-riches stories around the world. Enterprises such as Amazon, KFC, Facebook or SpaceX have become runaway successes within a short span. The reason: their founders have several things in common, which is rare among other people.

Here we look at various traits that the world’s richest and most successful entrepreneurs have in common.

The Common Traits of The World’s Richest People

The Common Traits of The World's Richest People

1. Serving People.

“If your only goal is to become rich, you will never achieve it,” said John D. Rockefeller, who laid the foundation stone for America’s giant petroleum industry and his own enterprise, Standard Oil. The same adage holds good today.

Facebook, for example, was launched by Mark Zuckerberg and his roommate, Eduardo Saverin to allow Harvard University students to share profiles and pictures

There are countless such examples of ordinary people striking rich. However, they share one thing in common: serving people. The main objective of launching these enterprises was to make life easier or enjoyable for people rather than earning money.

2. Reading Books.

Microsoft founder Bill Gates, celebrity TV show host Oprah Winfrey, SpaceX and Tesla CEO Elon Musk, Berkshire-Hathaway CEO Warren Buffet and several other extremely rich people of the world have one more thing in common: they are avid readers.

Bill Gates reads at least 50 books every year – an average of nearly four and a half books per month.

Elon Musk owes his success at SpaceX, the project to open space tourism to his love for books and the knowledge he gained from them about rocketry. Oprah Winfrey attributes her success to dozens of books, including some 70 top titles she read on her way to success while Warren Buffet spends about 80 percent of his day reading books.

3. Long-Term Financial Strategies.

A report by CNBC states, all wealthy people depend upon long-term financial strategies rather than short-term gains. They utilized their earnings and savings to invest in safe stocks that would assure gains in the long run rather than indulging in risky trading that can offer high returns.

Such financial planning and decisions ensured they do not lose money. Further, they invested money in their enterprises without the hope of immediate returns.

These wealthy people first focused on building a brand, offering value for people to identify with the brand. And later, popularize the brand through word-of-mouth publicity, which is more effective than traditional advertising.

4. Never Say Die.

Yet another common character trait shared by the world’s richest people is, they are not quitters.

Like every other human on Earth, these wealthy folks also witnessed ups and downs in life. Some of these were so overwhelming most ordinary people would have called it quits and gone in search of easier ventures.

Brian Chesky, Joe Gebbia and Nathan Bleckharczyk, founders of Airbnb, the world’s largest hotels and accommodations aggregator were plagued with financial problems.

 

Heavily encumbered with debts, bankruptcy was staring at these entrepreneurs in the very eye. Yet, they did not budge. They innovated their service that made Airbnb the world leader in its field today.

Another excellent example is Colonel Harland Sanders, whose recipe for fried chicken was rejected as many as 1,009 times before it was accepted. Col. Sanders is the founder of global chain Kentucky Fried Chicken or KFC.

5. Accepting Criticism.

Most people flee from criticism of any sort. Rather than learning from negative comments arising out of their behavior or work, they take umbrage rather quickly. Yet, they do not bother to amend their behavior or work pattern.

All wealthy people, however, are different. They are willing to be criticized for introducing new ideas or thoughts.

Jeff Bezos, founder of Amazon, rightly says that those who will try and do something new must be willing to draw criticism.

Steve Jobs, founder, Apple, Inc. puts it in even stronger words: “If you want to make everyone happy, do not become a leader; sell ice cream instead.”

The success of Amazon and Apple proves their founders were right when it came to accepting criticism.

6. Out of The Box Thinking.

how regular life looks like and why it won't make you happy

Thinking outside of the ‘box’ or a typical mindset is often impossible for most people. Understandably, because everyone draws their mindset from factors and circumstances they are raised and educated in.

This mindset eventually becomes a formidable fetter for anyone wanting to become an entrepreneur. Generally, most people follow the flock and take professions they falsely believe as best suited for their skills. Others try to follow footsteps of their parents.

The wealthiest people in the world never followed flock or took lucrative professions of their parents.

Mark Zuckerberg’s father was a dentist and mom – a psychiatrist. Bill Gates’ dad was a banker father while his mother was a lawyer.

Despite coming from wealthy families, they chose to follow their passion rather than confine their thinking to the proverbial boxed mindset. Col. Sanders had lost his parents at a young age of six years and had to shoulder responsibilities of his siblings.

Other Examples of What The Wealthiest People Have in Common

As we can see, these qualities or personality traits are common to the world’s richest people. It sets them apart from others. Most of them launched small enterprises with the sole purpose of bettering the lives of people. Their products or services gained popularity because money was never their consideration. Widespread use of their technology, products, and services eventually led them to become wealthy.

These traits are not typical to the US or the western world, as one may mistakenly come to believe. A glance at some richest people in India and elsewhere also reveals, they share the same characteristics with their American counterparts. This amply proves that richest people around the world share something in common, regardless of where they live and flourish.

Another common trait that all rich people share in common is philanthropy.

Since childhood, they believe in giving back to the society and helping the underprivileged. They practiced charity when they were not so rich and continue to donate money for the betterment of the society even after becoming billionaires.

These richest people on the planet never waited to become wealthy. Instead, they were philanthropists since childhood – a trait most other people pathetically lack or try to foist upon themselves to gain popularity.

In Conclusion

It is not easy to become wealthy. Or everyone would become a millionaire. People who do make it to the top have a different way of thinking combined with an undying zest for learning new things and educating themselves.

They do not consider conventional learning at universities as the end of their education. Instead, they try and acquire new skills every day and find ways and means to become better humans rather than focusing on fattening their purses.

The world’s wealthiest people also share one common trait: they are not people pleasers, despite their generosity and willingness to serve the society. Because they know, trying to please everyone will get them nowhere and could mean possible failure.