Tag Archives: 6 Core Values of an Entrepreneur

12 months of successful entrepreneurship in 2017

Each year I sit down and make a set of new years resolutions and this year I wanted to try something new. So this year I thought I would make a series of statements which I could live by, to make my life more successful. So the following 12 statements are aimed to make our lives more entrepreneurial this coming year.

1. Self believe in yourself.

As Henry Ford famously said, “Whether you think you can, or think you can’t, you’re right.” You HAVE to Believe that you can succeed, and this believe will help find ways through different obstacles.

2. Have and communicate the vision.

The difference between a manager and a entrepreneur is the vision they have for the business, an entrepreneur is someone who has a vision for something and a desire to create it. This vision needs to be clear at all times.

3 Take the risk.

We never know the outcome of our endeavours unless we actually try it. Jeff Bezos said it helped to know that he wouldn’t regret failure, but he would regret not trying.

4. Deliver more than expected.

Google’s Larry Page encourages entrepreneurs to deliver more than customers expect. It’s a the only way to get noticed in your industry and build a loyal customer following and turn them into advocates.

5. Make it happen.

The world is full of great ideas, but success only comes through action. Walt Disney once said that the easiest way to get started is to quit talking and start doing. That’s true for your success as well.

6. Manage energy, not time.

Your have limited amount of energy, so  limit what you can do with your time, so manage it wisely.

7. Hire character.

As you build your new venture team, hire based on their character and your common values. You can always train someone on skills, but you can’t make someone’s values fit your company after the fact.

8. Learn from YOUR mistakes.

Many entrepreneurs point to mistakes as being their best teacher. When you learn from your mistakes, you move closer to success — even though you initially failed.

9. Spend with discretion.

When you spend money on your business, be careful to spend it wisely. It’s easy to spend too much on things which provide little return and run out of finances too soon.

10. Find good people.

Who you’re with is who you become. Reid Hoffman, co-founder of LinkedIn, noted that the fastest way to change yourself is to hang out with people who are already the way you want to be.

11. Accept it takes time.

No one succeeds immediately, and everyone was once a beginner. As Steve Jobs wisely noted, “if you look closely, most overnight successes took a long time.” Don’t be afraid to invest time in your company.

12.  Make friends with successful entrepreneurs

There are so many trick of the trade, so the easiest way to learn is by talking to those who have done it and understanding the little things which is needed to make you successful.

 

6 Core Values of an Entrepreneur

Every entrepreneur should have a mantra, a code by which they conduct business and here we set out our “core values” of an Entrepreneur. Its so important to believe in what you are doing and set your path using values which others also work with.

Partnership

The success of an entrepreneur is largely due to the partnerships they forge. The intellectual capital and passion entrepreneurs display on a daily basis are key drivers in achieving their partnerships with employees, customers and other businesses. They highly value and respect the people who make up their company and the commitment to excellence. Recruiting, training, and retaining quality people are fundamental objectives an Entrepreneurs’ success.

Personal Integrity

Entrepreneurs conduct all matters of business with integrity. Entrepreneurs proudly uphold the values of honesty, truthfulness and sincerity, while remaining fair and ethical in even the most difficult situations.  Entrepreneurs seek to constantly maintain a professional demeanour despite facing critical decisions while conducting business. The time and effort put into every project is true to their mission of delivering superior results in a professional manner.

Innovation

Entrepreneurs know in every marketplace, innovative ideas, concepts, and processes are essential to the continued success of any company. Entrepreneurs endeavour to create value, deliver results, and continuously improve all elements of both their business and those of their customers. Entrepreneurs aim to be creative, effective, and efficient within their company to help create inspired, visionary solutions for our business partners.

Ethics

Entrepreneurs firmly believes that a strong moral code is a key component towards earning trust in their business, both internally and externally. They strive for all aspects of their company such as people, ideals, functions, and outputs to uphold the highest possible moral competency and responsibility. Entrepreneurs are steadfast in practicing and observing the ethical and moral principles.

Trust

Trust is one of the foundation stones of being an Entrepreneurs. It begins with their co-founder, investors, employees and depends on the reliance, partnerships, and successes they share with customers. Trust between our company and customers manifests itself through common goals, respect, and fulfilment of our commitments. Due to the trust they build, both with employees and customers they can not rest easy knowing they have not meet  all of their needs.

Quality

Quality is an underlying trait of Entrepreneurs that touches all aspects of their business. The quality of they people and excellence of their operations lead to distinctive outputs for their customers. Quality is achieved through passion, leadership, education, empowerment, responsibility and accountability. These are virtues Entrepreneurs champion  and recognise in the activities of their company.