Growing Your Business
Up and running and ready to grow your business?
We’re here to help. This section covers everything you need to know to build your empire.
The 8 habits of a successful entrepreneur
If you make it a habit to take steps to advance both your business and yourself, it goes without saying that you’re likely to reach your goals much more quickly and efficiently. Negative habits can often hold you back so by incorporating these simple but effective things on a regular basis, you’ll see the positive effects on both your career and business.
1. Be a calculated risk-taker
Get comfortable with taking risks, safe in the knowledge that you will be able to bounce back from any setbacks should things not go your way. Some of the most successful entrepreneurs in history have recovered from early failures and have gone on to achieve greatness.
2. Mistakes are lessons
Intrinsically linked to point 1, learning from any mistake or setback is crucially important. It’s inevitable that, throughout a career, you will to make plenty of mistakes. But failure becomes a success when you know how to benefit from it in the long run.
3. Challenge yourself everyday
Complacency is a business killer. As often as possible, challenge yourself to learn something new – something that can or will aid you in expanding your vision. Learning and skill-building should be constant processes.
4. Always believe
Every successful entrepreneur needs to be completely resolute in their beliefs and in their abilities. Believing - even in the face of adversity - can often propel you down the path to success. Take the time to reaffirm your commitment to your goals.
5. Surround yourself with like-minded people
Choose your colleagues and confidantes with the utmost care. Spend time with the successful people both in your lane and outside of it. Minimise your contact with negative people who don’t share in your dreams.
6. Keep your vision clear
Constantly visualise the outcome of your actions. Picture the results of your hard work, and maintain a clear vision of what you are striving for.
7. Be decisive
Strategy and planning is obviously important, but without action, your business will never succeed. Making a decision is the only way to make your ideas a reality.
8. Know yourself
Have you ever heard the saying ‘Everyone has the same 24 hours’? Energy levels differ massively from person to person and it’s these energy levels that dictate what you are able to achieve. This is why planning your time effectively is one of the most crucial elements of being a successful entrepreneur. Schedule tasks for the right time – if you know you often have an energy dip after lunch, plan some less taxing tasks for around that time. If you’re more alert first thing in the morning, get the bulk of your more creative work done then. As an entrepreneur, it’s key to know yourself.
Christian Nellemann is the Founder and CEO of XLN. He's a serial entrepreneur and a two-time winner of Ernst & Young’s Entrepreneur of the Year award. Christian was inducted into the exclusive Ernst & Young, Entrepreneur of the Year, Global Hall of Fame in 2014. He is passionate about small businesses, start-ups, and helping to build thriving, independent high streets across the UK. Find out more about Christian’s rise to success and his vision for XLN here: https://www.xln.co.uk/why-xln/christian-nellemann.