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Home>Blog>Insights for Growth #6 – Success Factors For High Growth Entrepreneurs

Insights for Growth #6 – Success Factors For High Growth Entrepreneurs

January 30, 2013
John Leach

I am a great believer that successful high growth entrepreneurs embrace the right mindset for success. My second book Success Factor – Master the Secret of a Winning Mindset outlines my thoughts on the secret sauce of the way they think – here they are:

 Entrepreneur_success

1.   Define your personal intentions and align them to the things you love doing. With this sense of purpose and clarity you can then begin the journey to achieving what you desire from your life, business or profession. Remember alignment must be achieved between personal and professional intentions – they cannot work in isolation.

 

2.   Prepare yourself for the journey by creating the right mental conditions. Resilience and mental toughness are directly related to your sense of purpose. If you give up after the first hurdle then your purpose is not strong enough. It wont be easy! Be careful about what you think about! That’s what you will get.

 

3.   Personal responsibility for your actions means that you will make choices and not sacrifices. Belief in yourself is a key part of the way to think – if you don’t believe in yourself then no one will! When things go wrong don’t fall into a victim mentality as this gives rise to a whole series of self-defeating internal discussions – become the master of your own destiny.

 

4.   Taking action must quickly follow all the thinking. Success is down to 20% thinking and 80% doing. Strategies emerge when we take action – strategy comes alive in the execution – it is this action that creates serendipity – people will often talk about getting lucky. Luck is the product of intense activity and personal clarity!. We then start to walk the path of our destiny.

 

5.   Embrace the spirit of cooperation and working with a team ethos. Going it alone can be a tiresome and difficult journey. Caring and working with others can be the catalyst for us reaching our destination. Finding those who can support our shortcomings and plug the gap in our performance, can make things happen more smoothly and rapidly.

 

6.   Learning to lead ourselves before we lead others is vital. Once self-leadership has been mastered the leadership of other can commence. This means we must foster an environment that creates the conditions for success to flourish, we coach those we are supporting, we communicate with impact and we ensure those under our leadership conform to the rules.

 

7.   Playing by the rules is an essential part of long-term sustainable success – we must observe the value of humility and operating by a set of values that show caring for others and our environment. Practicing the philosophy of giving before we receive warms the hearts of others and is a visible representation of the fact that we live a life of integrity; our reputation is often all we have to trade.

 

8.   Engaging with others and building win–win relationships is a vital step to success. By embracing a mindset that life is truly a pitch we begin to recognise that competition means that we have to sell to get what we want. This could be our skill and expertise, qualifications, talents or products and services. By active listening and marrying carefully our proposition to what others want, we start to build relationships

 

9.   A creative mindset helps us to truly stand out from the crowd. Creative capital is often viewed as the ultimate source of competitive advantage because it unlocks our imagination, drives innovative thought and delivers remarkable differentiated results. Keeping a fresh mind and outlook enables us to remain ahead of the game and become memorable to those we need to influence.

 

10.   Going the extra mile by doing things others won’t do will get you remembered. Life has become extremely competitive which means there are far more applicants than jobs, more suppliers than contracts, less places on popular courses.  The only way to get the edge is by digging deep and going one step further than others.

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