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Entrepreneur's Evolve From Their Experience: Fail Fast, Fail Cheap. Push Boundaries!

Are You In Business Ownership Hell?

Business Success or Living a Nightmare that won't Quit

How to Succeed

Anna Vital - www.anna.vc Developed the infographic How to Succeed.

One who fears failure limits his activities. Failure is only the opportunity to more intelligently begin again. - Henry Ford 


Success is stumbling from failure to failure with no loss of enthusiasm.- Winston Churchill


The greatest glory in living lies not in never falling, but in rising every time we fall. - Ralph Waldo Emerson 


I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. Twenty-six times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed. - Michael Jordan


Anna Vital - www.anna.vc Developed the infographic How to Succeed. 


Successful Entrepreneur Profile

What Does A Successful Entrepreneur Look Like? https://startupbros.com

This infographic from StartUpBros.com gives us further insight into what these successful business owners look like. 


For example: 


60% just didn't want to work to work for someone else. 


51.9% were the first in their families to open a business.


75% credit their success with education 


52% were the 10% of their high school class.  


1% or less came from super rich parents.


69.9% said they were married when they launched their first business. 

Interesting Secondary Factors

Important factors  https://startupbros.com/infographic-successful-entrepreneur-facts-stats/

80.3% inability to find traditional employment.


37.8% role played with an entrepreneurial friend or family member.


27.9% co-founders encouragement.

 

18.1% developed a technology they wanted to commercialize.


75.4% worked an average of 6 years at a company before launching their start-up.


47.9% launched their first company with more than 10 years of work experience.


88% learning from previous successes. 


78% learning from previous failures.


What is Important to Succeed

https://startupbros.com/infographic-successful-entrepreneur-facts-stats/

These 4 keys to success are shared among entrepreneurs.


Professional Experience.


Creative / Positive Attitude. 


Fluid Intelligence. 


Flexibility Agreeableness.


What or Who Will Hold you Back

what holds you back

These traits don't work for success.


Excuse-Making.


Emotional - Instability.


Deceitfulness.


Narcissism.


Predatory Aggressiveness.

Thoughts on Owning a Business

turn that frown upside down

A very positive attitude, experience or time in life, education, training, always keep learning, and if you fail get back up (sometimes you get the wind knocked out of you) Hurricane Frances/Jeanne 2004 and car accidents 2002 & 2010. I also really think luck, timing, creativity, flexibility, (spouse) and a niche all play a super role in your entrepreneurial success.


Be prepared for emergencies by being well insured (some states allow up to 50k for PIP), money tucked away in savings or 401k. Be able to start your business without a salary for two years.