9 Effective Ways to Build Entrepreneurial Skills That Matter

0 October 03, 2018 By Dang

 

Although some entrepreneurs say they were born to build a company, it’s never been easier for anyone to learn entrepreneur skills that can propel them into building a successful business.

Here is a list of effective ways to build entrepreneurial skills that matter:

1. Take a different path.

“Creativity is the root of entrepreneurship.” — Karndee Leopairote.

Creativity is the ability to see things differently and to provide solutions where there are gaps. To build your creativity skills, intentionally try something new. Do something that others won’t do. Read unusual books. Watch a movie in a different language. Travel to an unexpected spot. Talk to people that are out of your circle of comfort.

2. Start a business.

“You don’t learn to walk by following rules. You learn by doing, and by falling over.” — Richard Branson.

There is nothing like real-world experience. Whether you run a business on the side or full-time, you get the opportunity to grow your skills such as business planning, negotiation, sales and marketing.

I started my first business when I was 16 years old, and learned more through making mistakes than I could through reading any business book.

3. Stick with challenges.

“It’s not that I’m so smart, it’s just that I stay with problems longer.” — Albert Einstein.

Every successful entrepreneur has learned to develop their perseverance and tenacity muscles. The life of an entrepreneur is never smooth sailing, and it takes guts to keep going when people doubt your abilities.

Related: 5 Skills That Are the Foundation of Entrepreneurial Success

4. Delay gratification.

Elon Musk, the founder of Tesla, Solar City and SpaceX set himself a challenge to live on only $1 a day to see if he had what it took to lead life as an entrepreneur.

Entrepreneurs have to get used to countless failures and almost zero rewards until they finally hit the jackpot. To train yourself to be able to delay gratification, start small. Say “no” to the extra donut.

5. Manage your own finances.

Understanding basic finance is essential in running your own company. You don’t have to be an accountant, but you should at least be able to understand the basics around cash flow, assets, and profit and loss.

6. Practice communication skills.

The best entrepreneurs have learned how to communicate their passion and dreams in an engaging way, both online and offline.

The more often you put yourself out there, the faster your communication skills will grow.

7. Work in sales.

“To me, job titles don’t matter. Everyone is in sales. It’s the only way we stay in business.” — Harvey Mackay.

In every business, sales play a vital role in the survival, sustainability and success of a business. You can have the best product in the world but if you don’t know how to sell it, it is worthless.

8. Get involved with other entrepreneurs.

Whether it’s attending entrepreneurial events, conferences, seminars or meetups; spending time with other entrepreneurs will help you grow in your own entrepreneurial skills.

9. Keep learning.

“I am still learning.” — Michaelangelo.

Keep your own learning and personal development active. With such easy access to knowledge and resources, there really is no excuse that you can’t build skills to succeed as an entrepreneur.

Source: Entrepreneur.com

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