5 top habits of entrepreneurs – Part 1

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5 top habits of entrepreneurs - Part 1

May 26, 2021

Do you often look at those over achievers out there and wonder how they do it? You know those people that seem to be able to make a success of whatever they are doing. For example Sarah Davidson (Holloway). First she was a successful corporate lawyer, then she launched an alternative to coffee – Matcha Maiden

Matcha tea is simply green tea leaves ground into a fine powder giving up to 10x the nutritional value of regular green tea and in a more versatile, convenient form. And it seems to be pretty popular. So popular that Sarah’s little start up has become a bustling global network of over 1,500 stockists and a communi-tea of 300,000 followers. Sarah and her partner Nick launched a retail footprint for the brand with their store in Melbourne Matcha Mylkbar.

And Sarah hasn’t stopped there. She has since launched her own podcast called Seize the Yay alongside her personal brand Spoonful of Sarah, a forum dedicated to talking about the entrepreneurial journey and about how exciting life can be when you go for it.  

“Doubt kills more dreams than failure ever will.” ― Suzy Kassem

So we go back to our original question… how do these overachievers do it? Are you born an entrepreneur or is it something you learn?

We are not 100% sure of the answer here, we suspect it’s a little bit of both. But what we can do is share with you five top habits of entrepreneurs. Habits which you can bring into your own day to help you create the success you deserve.

Five habits to help bring success

  1. Positive mindset – it’s hard to achieve if you don’t look at every situation with a positive mindset and a can-do attitude. As Sarah likes to remind us ‘Doubt kills more dreams than failure ever will.’ Your mind can play powerful tricks on you. It’s very easy to see problems as opposed to opportunity. That is the safe position, but not necessarily the path that will lead to major growth and success.
  2. Just get going – if you are anything like us, we have a tendency to want everything to be absolutely perfect before it goes out into the world. The problem here is that you can miss out on major opportunities when you are too slow to get to market. If you spend too much time perfecting something before you even get it to your customers then you could end up wasting a heap of valuable time, and we all know that lack of time is the entrepreneur’s biggest pain point. You are better off getting something launched that is 70% or 80% there, then listen to your customers, iterate and perfect as you go. Sounds scary I know. But you will thank us for this little piece of advice in the long run.
  3. See the big picture – understand where you want to get to. What’s the big goal? Make sure you document this, even if it’s in a one pager or represented with pictures. And keep this somewhere where you can constantly refer back to it. It’s very powerful to put an intention out into the world. Just see what the universe delivers.
  4. Do the thing every day – with your big goal set you also need to break this goal down into daily actionable steps that take you towards your goal. For example, if your big goal is to write a book, what do you need to do every day to take you towards that goal? Can you commit to writing 20 minutes a day? The idea is to break the goal down into simple, easily achievable tasks. It’s about maintaining this consistency and then time becomes your ally. Before you know it, you have achieved your goal. Without stress, without burnout. The Slight Edge by Jeff Olsen is an amazing book to help you with this concept. It certainly changed our lives.
  5. Everyone needs a win – we first came across this concept years ago when reading the classic novel A Woman of Independent Means by Elisabeth Forsythe Hailey. The grace and positivity in which the heroine did business deals was so inspiring. But this concept is not just something abstract from a book, it pops up everywhere in articles and books that express entrepreneurial traits and habits. The essence of the concept is that a deal is not a good deal unless both parties have a win. When negotiating with others don’t be greedy, but rather find a division that is acceptable to all parties. You will get your fair share but at the same time build strong positive relationships in the process. Stephen R. Covey articulates this idea in his best selling book The 7 Habits of Highly Effective People.

There are so many great nuggets of wisdom we could share here to help you on your journey of success, so stay tuned as we share 5 top habits of entrepreneurs – part 2.

Jodie + Em xx

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