Successful Entrepreneur - 5 Key Elements to Become One

Ever thought of what it takes to become a successful entrepreneur? Ever wondered of starting your own business but didn't know where to start? Now you can start by building a solid foundation by using the 5 key elements presented below. Starting on a solid foundation is the key to any business success. Spending time to build a solid foundation is time well spent. The more time you spend setting the basics in place the more chances you have to be successful.

To build a strong foundation follow these 5 key elements and nothing will stand in your way to becoming a successful entrepreneur.

Envision the Future: Contrary to the way people plan, the first step in any planning is that you start by defining the future. Exactly like when you want to reach a particular destination, you start with the address and then start planning the best route to get there, so that you can avoid traffic, or find a shorter route to reach there on time. You need to first define the future. Create it. Create a powerful, compelling vision of the future that inspires you. At this stage don't worry about how you are going to reach there. Just be creative. The difference between a dream and a Vision is that the Vision is concrete, measurable and has a date by when it shall come to pass. Ask yourself, does it inspire you to take action - NOW!

Believe In It: The only way a Vision can become your reality is if you believe in it. Your belief should be strong. Believe in your self - that you will have that Vision come true. Do not entertain any negative thoughts about it. By doing this you are sending a strong signal out in the world that you mean business (pun intended;)). The more people are enrolled in your vision of the future, the more support you will garner. The more support you have, the more your chances of achieving the Vision.
Be Ready to Learn: You will learn some massive lessons as you move along your journey on fulfilling your Vision. The lessons will come from the mistakes, the wrong turns you will take on the course. Remember the saying, "There is no failure - only feedback"- NLP Guiding Presupposition. As you move along you will fail a lot of times. Take these so called failures as the lessons you learn. Learn from each one of them. Learn not only from your mistakes but also from the mistakes others have made. You can join forums where like-minded people share their experiences. Industry magazines, e-zines are good sources of information as well. Biographies are cool too. You can learn a lot from each of these sources. Be hungry to learn. Look out for lessons and they will come in spades. Be hungry to apply the learning and you are bound to succeed.

Be Curious: Ask why? Know every single detail. Keep going at it till you find out Why? Be curious to find new things, new methods, new approaches. Your curiosity will bring out the creativity. Be curious to apply new thoughts. Convert them in to actions. Find out how something works. Be curious enough to experiment with the default. Curious to make something work better. Be Curious... Period.

Mastermind Team: Surround yourself with a team of people who believe in you, who are not naysayers. Who would not want to pull you down. They are open to criticizing you for your own benefit. They engage in constructive criticism. Form a Mastermind group. A group of people that make a safety net for you. A group where every one is standing for the other's success. Imagine in a group of 6 people, that 5 of them are standing for your success. You increase your chances of becoming successful immediately.

Now that you know what it takes to be a successful entrepreneur, put pen to paper. This is the time when the rubber meets the road. Find a quite place where you won't be disturbed for a couple of hours. Switch off your phone, get another cup of coffee if you need. Start writing and developing your vision for the future. Go ahead take the first step NOW!!

Sanjay Wadhwa is an expert who has written several articles on building and managing successful businesses. If you are stuck at writing a vision of the future, you can read the full article to get a list of questions that can get you started at http://www.LetsGetToTheTop.net and benefit like many others have benefited. He is currently looking at working with 100 entrepreneurs as a part of mission to create 100 millionaires by 2012. If you are interested you can check http://www.LetsGetToTheTop.com. Your will is all that is required to participate, because he believes that Entrepreneurs are made, not born.

Article Source: EzineArticles.com - SanjayWadhwa

(Sanjay Wadhwa is not the owner of nor is in any way affiliated with Workforyourselfnow.com.)