Have you ever wondered why people who started digital businesses over the past five years have fizzled out while some are still thriving?
The reasons might be personal but not far-fetched from lack of grit and the mindset to keep going.
Business is never promised to be all rosy but it’s all worth it in the end depending on what your goal for having a business is.
Starting, growing, and sustaining a business is beyond having an idea and creating marketing channels and offers. It would help if you had an Entrepreneurial Mindset to thrive in an ever-chasing shiny object syndrome digital business world.
What is an Entrepreneurial Mindset?
An entrepreneurial mindset is a way of thinking and lifestyle that drives the actions of a business owner. Having such a mindset promotes focused, goal-oriented ways of overcoming the hurdles that inevitably arise when running a business.
The entrepreneurial mindset is one that embraces opportunities that arise and doesn’t shy away from any form of challenge. The growth of this type of mindset does not strictly apply to just business. Rather, it can be applied to various areas of life, including personal growth and career development.
An Entrepreneurial Mindset Skills doesn’t just happen, it’s developed over time with action, and experiences. It’s an important aspect of growing a sustainable business that is often overlooked. It will help you stay afloat when the tide of business hard rocks come knocking in various ways.
In this post, I will be discussing 12 entrepreneurial mindset skills you need to grow as a digital business owner. They include:
- Goals-oriented mindset
- Not afraid of failing
- Communication skill
- Confidence
- Community Minded
- Barrier Breaker Mindset
- Action taker
- Lifelong Learner
- Creativity
- Take responsibility for your mistakes
- Focus on the client’s needs
- Self-care focused
1. Goals Oriented Mindset:
Every action you take in your business should be backed up with a goal. This will ensure you are not wasting time doing tasks or taking action that will not yield results on investment (ROI). Time is an investment and not just money. Your business, and accompanying assets like funnels, content creation, and marketing campaigns MUST be done with a goal in mind.
2. Not afraid of Failing:
There are times in your business when you need to overcome the fear of failing. It will come. It can come when you want to introduce new offers or go into partnerships. You can develop this mindset with practice. The more you take up action the more easier it becomes.
3. Communication Skill:
Running a sustainable business is all about having conversations with people. This can be simple or hard. The skill of knowing what to say, how to say and when to say is a skill that can move your digital business forward and help you close deals effectively. This skill can also help you in areas of partnerships or collaborations.
4. Confidence:
You need confidence in all areas of your business. You can grow this by taking action. Being in a community can also help you grow your confidence because you will share your thoughts, opinions and ideas among same minded community. Your clients or audience will know if you are confident in what you do so take time and build on this skill. You may not be confident at the beginning of your business journey but with time, you will become more confident.
5. Community Minded:
Don’t be a lone ranger as a business owner. Find a community where you can rub minds with other entrepreneurs. The community could be free or paid. There were times I felt lonely in my business as well before I found a community of people that I love and are having conversations around the digital business world. I am in both free and paid communities. To join ‘The Skills Maven Community” – Sign up HERE
6. Barrier Breaker Mindset:
Your comfort zone can be your barrier. To run your digital business, you need to get out of your comfort zone. Choose your hard. No one promises it to be easy but it’s rewarding. Don’t be the one stopping yourself.
7. Action taker:
As a goal-oriented entrepreneur, you need to take action. The quicker the better so you don’t start second guessing yourself. When you learn something new, draft a plan on how it can help you grow or scale your business. Quick action-taking will help you reach your goals quickly.
8. Life-long Learner:
The digital business world advances quickly. In as much as there are age-long business strategies that still stand today like marketing your business, some strategies can quickly outgrow your business or offers. If you keep practising outdated strategies, then your business will not grow at a healthy pace. Being a lifelong learner doesn’t mean you should keep consuming or purchasing programs and then don’t go through them. Learn -> implement -> grow.
9. Creativity:
Your creative cap should always be on to enable you to think of ways to improve your offers or business processes. Think of ways to be unique and keep improving daily. Choose your style based on your goals and keep being creative.
10. Take responsibility for your mistakes:
No one is perfect, I mean no one. Owning up to your mistakes is a skill you need to imbibe and practice. Mistakes will happen, take a step back, learn from it and try not to repeat the same mistake.
11. Focus on the client’s needs:
Clients are the reason you are in business. Treat them with care and kindness. You will meet the one that will hurt you but don’t let it stop you from taking care of the ones that are kind enough to you. I have had my share of unkindness from clients but that has not stopped me from fulfilling the needs of the ones ahead.
12. Self-care focused:
You cannot pour from an empty cup. you need to be refreshed both mentally and physically. Make Self-care a focus in the journey of building your business. Take some time off if you need to. Set up Tech and Automation to enable you to take your hands off your business and not be in your business all the time.
Conclusion:
You are not born with an entrepreneurial mindset but you can develop and hone these skills with practice. Don’t be afraid to make mistakes, but learn from them. With the right mindset skills as listed above, you can transform challenges into opportunities, impact your tribe, innovate, and achieve your goals. So, will you embrace the entrepreneurial mindset to build a sustainable business? Let me know in the comments.