Five Life Tips for Entrepreneurs

Here are five life tips for entrepreneurs that I like to share with new small business owners.

  1. Always provide value for value. If you get a great intro, repay the favor with an intro of your own, etc. The more value you provide to others, the more you’ll get in return in aggregate.
  2. Avoid people with external locusts of control. These are people that always blame other circumstances on their failures. This filter alone will save you a tremendous amount of heartache both personally and professionally.
  3. Surround yourself with other entrepreneurs you want to be like. You are the average of the five people you spend the most time with. With audio books, and plenty of online content, you can have lunch with the most successful people in the world, everyday.
  4. Don’t let others judgement of you dissuade you. No matter what you do in life, you will have haters. The more you do, the more that is true. You’ll have unhappy customers, you’ll have people who gossip about you. Everyone does. If you don’t, it’s likely because no one knows who you are. The best steak restaurants in the world have people who complain about the steak after they’ve eaten 90% of it. Plan on 2-3% of people hating you and be OKAY with that. You don’t want to do business with those people anyway. Focus on your fans, on your tribe.
  5. Give it your all. Once you set your sights on your path, give it absolutely everything you have. Hard work compresses time – getting you from where you are to where you want to be in a shorter amount of time. Hard work is what will set you apart from everyone else because while most people are willing to sprint, few are willing to run the marathon.

Eric Corl