The 5 Traits of Successful Entrepreneurs

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The 5 Traits of Successful Entrepreneurs by Mind Map: The 5 Traits of Successful Entrepreneurs

1. They Rely on a Motivated Team

1.1. Anybody can start a business, but it takes a team to turn it into something that lasts.

2. They Work Hard And Take Time Off

2.1. “The right measure is not how many hours you chip in. You need sleep, you need food, you need a healthy relationship if you have a family and friends.” - Johan Attby, CEO of Fishbrain

3. They Value Pursuits Outside of Work

3.1. Pursue hobbies

3.2. Yoga, strength training etc. strengthen body and mind, which helps you refocus at work.

4. They Pause and Reflect

4.1. Meditation is associated with improved job performance, increased well-being, and resilience.

4.2. “When you learn meditation, it doesn’t just improve your ability at work, and there are numerous studies that show that now, it improves your marriage, it improves your relationship with your kids, it improves your well-being.” - Vishen Lakhiani, CEO and founder of Mindvalley

5. They Focus On What They’re Great At

5.1. Focus on what you’re great at and delegate anything else.

5.2. Calculate your rate per hour and avoid activities below it.

5.3. Recognise having the skills to develop popular software or start a business differs from the skills of an effective CEO.