5 Things All Entrepreneurs Know

EYES ONTHE PRIZE

5 BIG IDEAS THAT ALLENTREPRENEURS KNOWBY TERRY NEWMYER

Keeping Your

ADOPTING THELIFESTYLE OFANENTREPRENERISN'T EASY.

Long days and periods ofuncertainty mean that it is ofgreat importance to managestress and build up yourwillpower. No one knows thismore than Richard Branson,the Founder of Virgin Group.What follows are severalpieces of advice he hasshared, that go a long way forany entrepreneur.

DON'T LOSE SIGHTOF WHAT ACOMPANY IS

"COMPANY" COMES FROM THE LATIN"COMPANIO", WHICH MEANS"COMPANION".

YOUR COMPANY IS A GROUP OFPEOPLE.

AS ANENTREPRENEUR,YOUR JOB IS TO

LEAD ANDLISTEN TO THEIR

CONCERNS.

BE FINANCIALLYPREPARED

BRANSONSAYS,"THERE'S ATHIN LINEBETWEENSUCCESS ANDFAILURE."

You must make sureyou are financially

ready to weather anyuncertainties that may

come your way.

NEVER STOPLEARNING

EVERY DAY ISANOPPORTUNITYTO WORK ANDEVOLVE.

Don't let yourselfstagnate. Seek newexperiences, readoften, and listen toothers. You never

know when what youlearn will get you past

your next obstacle.

SETGOALS

NEVER BE WITHOUTDIRECTION. HAVE A GOALAND CHASE IT DOWN.

Setting goals andsuccess go hand in hand.

When you know whatyou are workingtowards, you can

dedicate your time andenergy to reaching the

next peak.

BEFEARLESS

FEAR ISSOMETHINGTHAT NEEDSTO STAY ATHOME.

Don't be afraid to take leaps andaccept new challenges.

Remember, fear is not prudence.Always have a plan when going

off the established path.

Good luck!