Entrepreneurs make other people rich

Its easy to keep 100% of everything to yourself. Never share the upside. Keep people down.That’s a winning strategy in a world where you never have a setback or need anyone else.Its not a winning strategy in the real world.Life is long. There will be a day you need help. Even if you never need…

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Entrepreneurs don’t make assumptions

Assumptions are the mother of all screw-ups.Assume nothing. When in doubt, ask a question.If you’re afraid to ask a question you either (a) are a coward, or (b) care what people think.Entrepreneurs (a) have courage and (b) don’t care what people think.If no one can answer the question, then experiment.If you can’t experiment you are…

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Entrepreneurs find their tribe

Find your tribe. People that resonate with you.Ignore race or religion or language or age.Your tribe comprises people that share a way of looking at the world. A way of dealing with adversity. A way of respecting people.They share a way of thinking.You have to look hard. You have to read a lot. You have to ignore…

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Entrepreneurs go into the lion’s den

What is the thing that scares you the most?Losing money? Public speaking? Your dad? A pretty girl?Whatever it is, confront it. Do it. Overcome your fear. Go into the lion’s den.It can’t kill you. And if it does kill, so what? You’ll be dead so it doesn’t matter.In most cases reality turns out to be…

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Entrepreneurs hide out in the open

If you have nothing to hide, the best place to be is out in the open. Actually, even when you do have something to hide, the best place to be is out in the open.Always be visible. If someone is going to mug you, they’ll think twice if you’re walking in the middle of the…

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Entrepreneurs have thick skin

If you are sensitive to other people’s opinions, don’t become an entrepreneur.Starting your own business opens you up for abuse, criticism and embarrassment. You will make missteps, you will have setbacks, you will lose money.You will provide endless cud for the critics to chew on.You must have a thick skin. You must be able to…

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Entrepreneurs never lie

Never ever ever lie.When someone asks you something you don’t have the answer for, the answer is, “I really don’t know”.Don’t exaggerate, don’t mislead, don’t hide bad news.Be straight with your staff, your partners and your shareholders, always.People respect honesty. It builds trust over time.Trust is what makes your company move fast, and helps you…

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Entrepreneurs turn ideas into reality

Lots of people have app ideas.Newsflash: Your idea is worthless. Execution is everything.If you can’t make your idea happen, you can’t expect to capture any value from your idea.If you want to capture value, you have two options: Learn to code Learning to code is like learning a foreign language (with some emphasis on math). Its hard, but…

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Entrepreneurs are grateful

The easiest way to be happy is to reflect on all the good things in your life.Be grateful.Being grateful makes you happier, more positive, more optimistic.It attracts people and opportunities.Being grateful doesn’t mean being content. The burning ambition to make money doesn’t disappear.Being grateful simply makes you a happier person. Being a happier person makes it easier to…

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Entrepreneurs love being uncomfortable

Taking risk = discomfortVenturing into the unknown = discomfortLearning new stuff = discomfortBeing uncomfortable is part and parcel of being an entrepreneur. You can’t avoid it.You can only approach it with the right attitude.Learn to love being uncomfortable. Relish those moments where you don’t know what’s going to happen. Savour the stress of being in…

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Entrepreneurs don’t worry

Stress is part of the game. Sales, cashflow, people issues.The life of an entrepreneur is stressful.The part that’s optional is “worry”. Why worry?Worrying can be a self-fulfilling prophecy.Worrying creates negative mental energy, which slows you down. If you worry, people can see you worrying. It creates doubt.If you stop moving, or people start doubting you,…

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