Principles #3&4 Separating Successful Entrepreneurs from Those Who Went out of Business

3. Un-isolation.

We are social animals. We need others to excel. That’s the human nature.

Isolation is the enemy of excellence.” – Aaron Walker

However, being a solopreneur is a lonely occupation by definition. It doesn’t get much better when you start hiring people – you need to be the rock for them and keep your struggles to yourself.

Well, you can cooperate in other ways. Get involved in an online community (like SPI Pro), join a mastermind, hire a mentor or coach. Alone, you can never excel.

4. Time Management.

Or priority management. Or managing yourself in time. However you will call it, the efficient usage of one’s time makes the difference between successful and unsuccessful entrepreneurs.

Time provides the only real equal opportunity in the world. Everybody has 24 hours a day. However, if you are one of those who “don’t know where my time goes,” you are in great danger as an entrepreneur.
Yet, it is pretty rare to find people who actually do know where their time goes.

One hack in this area: make your calendar a foundational piece. When I was starting my side hustle and was truly the only one who worked in and on my business, I didn’t understand the value of living by your calendar.

But now, when I have to coordinate several recurring weekly calls, get on the podcast interviews, have a team of several people, my calendar became crucial for my effectiveness.

Since I actually started using my calendar on a daily basis, it’s been a game-changer for me.

Nine Universal Business Principles
Principle #1 Separating Successful Entrepreneurs from Those Who Went out of Business
Principle #2 Separating Successful Entrepreneurs from Those Who Went out of Business
Principles #3&4 Separating Successful Entrepreneurs from Those Who Went out of Business
Principles #5&6 Separating Successful Entrepreneurs from Those Who Went out of Business
Principles #7&8 Separating Successful Entrepreneurs from Those Who Went out of Business
Principle #9 Separating Successful Entrepreneurs from Those Who Went out of Business
 

Originally published in Medium.