entrepreneur tips

Entrepreneur Tips: 5 Tips for Overcoming Imposter Syndrome and Seeing Your Worth

Jan 10, 2019

The founder of Amazon, Jeff Bezos, doubled his net worth to almost 160 billion dollars in the 12 months of 2018. At the pinnacle of his success, Jeff continues to work hard and double down on his investments.

That’s the kind of dedication that leads to becoming one of the richest men in the world

With the likes of Jeff Bezos out there, it can be a little intimidating to believe in your own abilities. But there is no other you in the world and your ideas hold an immense amount of value.

The entrepreneur tips on this list will help you to see that value and help you get ready to build your empire and give Jeff Bezos a run for his money.

1. Cut Back on Social Media

One reason that many people believe they aren’t good enough is that they are constantly comparing themselves to others on social media. If you are following a lot of people who seem to be thriving, it can be intimidating if you aren’t keeping up with their success.

But you have to remember everyone is on their own journey. You will get to your destination on your own time through your own hard work and experiences.

You also should remember that people don’t post about their worst moments on social media (usually). They are constantly filtering their lives through rose-colored glasses. You never know what’s really going on.

2. Read, A LOT

The best way to defeat the imposter feeling is by fortifying your knowledge with additional information. Read everything that you can get your hands on. 

The more that you educate yourself, the more tools you will have to rely on as an entrepreneur. If you don’t have much time to read books, consider picking up a book on tape or podcast for a similar effect.

3. Network and Grow With Others

Whether you want to become an international speaker or just start a small business on your block, you need to learn how to expand your network. You need to find other entrepreneurs that can grow alongside you and help you overcome challenges as your business develops.

By having a team of prosperous people surrounding you and cheering you on, you will have access to a pool of resources and strength to fortify your efforts.

4. Dive in Deep with SMART Goals

One way to cure your imposter syndrome is by being successful. But many people who are doing well still feel like they are faking it.

That’s why it’s important for you to set goals for yourself that are measurable and attainable (so-called SMART goals). The more goals that you knock off your list, the better you will feel about your abilities.

5. Make a Commitment to Yourself

Being successful isn’t about winning in the first round you try. It’s about coming back every day full of energy and ready to attain your goals.

The only way you are going to fail is if you stop trying, or die. Make a commitment to yourself to keep going no matter what.

More Entrepreneur Tips

Now that you have read these entrepreneur tips, you know what steps you need to take to stop feeling like an imposter.

Check out the rest of my blog posts today for more advice on your journey.

entrepreneur tips

Practical Entrepreneur Tips You Haven’t Heard Before

Nov 21, 2018

It seems like every time you talk about starting a business, you get the same old responses. Either people are shooting you down and saying it will never work, or they’re giving you the age-old entrepreneur tips you’ve heard a thousand times before. 

The good news is that you can foster better, more valuable conversations. But the trick is that you have to find the right people with whom to share your passions and insights with; people that will “get it” and ideally, have already been in your shoes. 

You need professional mentors and personal supporters when starting a business. 

More importantly, you have to be able to pick yourself up when you fall. 

Here are 3 insightful entrepreneurial tips to help you do just that – and to prevent you from making some serious mistakes in the first place.  

1. Identify What’s Holding YOU Back

You have to be brutally honest with yourself as an entrepreneur

You need to identify your weaknesses, and more specifically, your bad habits. You need to be hyper-aware of the stories you tell yourself versus what kind of progress you’re actually making. 

Don’t mistake a huge investment or a lot of press for success. Don’t limit yourself to what your company can do because of your fear, either.

These are just a few examples of how your habits shape your life and the course of your company. The best way to ensure you succeed is to focus on creating more discipline and understand the sacrifices you need to make. Meanwhile, chip away at your bad habits every single day.

2. Know Your Numbers 

Although working on yourself does benefit your business, it’s not the same as actually running the show. You have to be on top of all your operations. Most importantly, you need to understand your numbers. 

This mainly applies to finances. It means making sure your checks and balances are in order and that everything you invest in is providing the value you expect (or more). 

Knowing your numbers also applies to things like inventory, deadlines, and market data. All of these things give you the insight you need as an entrepreneur to make your bottom line more profitable and keep the entire company on track.

3. Question Everything

The final entrepreneur tip to keep in mind is to question everything. In other words, never settle for good enough. 

If your product is nice, how can you make it better? If you’re creating the awareness/disruption in the market that you wanted, how can you build even more?

The more you question every big and small decision you make, the better the outcome of your business as a whole. This will make your learning of the market, your business, and yourself an ongoing process, which is necessary to succeed.

Additional Entrepreneur Tips for Start-ups, Big Businesses, and Everything in Between

Whether you’re working on a start-up idea right now or you’ve just bought out a company that shows a lot of promise, your business is relying on you. Your team needs direction and your products need knowledge and innovation to succeed. 

Entrepreneur tips can only do so much. At the end of the day, you’re the one who has to put in the work, or at least find other people and/or programs who can. 

If you need a little more guidance to reach your goals, though, click here