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How to Think Like an Entrepreneur

If you want to be an entrepreneur, first you have to learn to think like one:

1. Look for opportunities. Pose "why-not?" and "what-if?" questions.

2. Regard change as an opportunity. Whereas others see change as adversity, learn to look at it as a chance for a new product or service or better way of operating.

3. Learn from your mistakes. View your failures as learning experiences.

4. Move beyond your mistakes. Don’t worry about a past mistake. See it as simply one wrong decision in one situation, nothing more—certainly not an indication of your capability.

5. Keep an open mind. Don’t discount an idea just because it isn’t yours.

6. Increase your risk tolerance. Entrepreneurs are risk takers by nature.

7. Stay optimistic. Pessimists are never in the forefront of change.

8. Expand your knowledge. Ask questions. Take training, both in and outside your field of interest. Reflect regularly on what you’ve learned and how you can apply that knowledge to your business.

9. Dream. Beyond that, plan how to make that dream a reality.

10. Share your dreams and plans. Involve those who can support you (investors, employees, customers) in your ideas, even the notions that may seem a bit crazy.

 

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