June 11, 2018

What No One Tells You About Entrepreneurship

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Entrepreneurship is not for the faint of heart: you need to be resilient. People are drawn to become entrepreneurs as they are looking for freedom of purpose, time, money, and relationships. Entrepreneurs want more ease, flow, happiness and want to be in control of their destiny. Entrepreneurs are values-driven and have learned to think differently.

Here are some traits I have seen over the years interacting with and coaching many entrepreneurs. They:

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are risk-takers and rule breakers

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have an unquenchable desire, lifelong learners

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are passionate, energetic and creative

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are obsessed with goal setting and setting outcomes

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are able to encompass both excitement and fear simultaneously

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can handle uncertainty

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are decisive, highly self-motivated and self-possessed

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bounce back from adversity, resilient and flexible

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identify and service unmet needs

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create value through solutions

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initiate change, are innovators

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take advantage of change

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value self-reliance and self-awareness

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strive for excellence

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know the value of mentorship/masterminds

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are highly optimistic, have a winning attitude

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know the value of mentorship/masterminds

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are highly optimistic, have a winning attitude

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deeply interested and care for others, have great people skills

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deeply interested and care for others, have great people skills

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are genuinely interested in developing sincere, long lasting relationships

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desire to inspire others

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do what is right and meaningful, are ethical, have high integrity

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are big picture thinkers and future driven

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see problems as opportunities

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creatively identify the solutions to problems

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want to make a difference

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With persistence and determination, entrepreneurs create businesses or opportunities that make a difference for themselves and others. Entrepreneurship is growing as more and more people are looking for more time and money freedom.

I recently attended a workshop for entrepreneurs highlighting a panel of experienced millennial entrepreneurs.

Here are a few tips they shared with the audience:

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ask why you are doing what you are doing – get clear on your why

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have a business plan and measurable goals

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get clear on the value of your products or services

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know that being an entrepreneur means lots of self development

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get good at prospecting and marketing yourself

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put yourself out there, go to events, be part of communities

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develop a team and your own community

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be consistent

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be authentic

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make sure you have a coach or mentor and be accountable

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ask for guidance

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work on your mindset

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be conscious of your vibration and choose the right one daily

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be aware of your values

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prioritize your day, decide on the 3 most important things to accomplish

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don’t get too distracted, shut out all the noise

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remember to be in the present moment

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find your preferred source of regeneration (i.e. meditation, dancing, journaling)

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acknowledge small wins

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it’s OK to fail your way forward

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practice saying no and discerning what is right for your business

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remember to value yourself, you are good enough

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The panel of millennial entrepreneurs at that event were very transparent and they inspired me to write this blog. Hope you enjoy the wisdom that was shared. Feel free to reach out if you want an entrepreneurial mentor with 45 years of experience.

Here’s to your success.

Charlene

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About the author 

Charlene

I’m a Canadian, gluten-free, tai chi loving, great-grandmother. I live in Ontario and love helping people get healthy again.   I use all the experience I have gained in the almost 5 decades to help you live a life full of vitality with great clarity and focus.

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