Seven details determine whether you can be a successful entrepreneur

Now is an era of entrepreneurship for all. Many people are eager to lead a group of people to develop their business as soon as they have an idea. But are you really a suitable entrepreneur? Or what kind of people are more likely to succeed in entrepreneurship?

If you want to be a successful entrepreneur, you need to have strong faith in the process of starting a business. You need to have confidence in what you are doing and have the perseverance and determination to achieve your goals in the early stages of your business. To create a startup and keep it safe through the first 18 months, entrepreneurs must avoid some common mistakes in the entrepreneurial process.

Mistake 1: Not trusting yourself and your employees

True confidence comes from trusting the team and yourself. Entrepreneurs should ensure that they spend enough time and energy on recruitment in order to find and retain the right talent, because talent is related to the success or failure of the company. Many employers now offer pre-employment trials, or hire employees based on the first trial project, and then offer full-time positions after determining that the employee is truly suitable for the company.

Providing employees with an interesting and secure work environment, as well as generous benefits, profit sharing and new technologies, lets them know that you appreciate them, and at the same time enables employees to invest more enthusiasm in their work and create a better future for the company.

If you find yourself beginning to distrust yourself and your employees, you need to correct this wrong attitude immediately to avoid shaking your confidence.

Mistake #2: Over-emphasizing work priorities

In the process of starting a business, although excellent employees are the key to success, many entrepreneurs spend too much energy on running their company, causing them to neglect other things in their lives that are very important to them.

Building a company is their main concern, but it doesn't mean you have to give up spending time with your friends and family. If you keep reducing the time you spend with them, your relationships will fade without you noticing.

The same applies to hobbies and "self-care" time: Entrepreneurs should not only plan work projects or meetings, but also pay attention to their own psychology and other life arrangements. You can't let work take up all your time. Proper meditation, physical exercise and meaningful reading will help you reduce stress and increase self-confidence.

Mistake #3: Refusing to Learn New Skills

Confident and successful entrepreneurs must be able to adapt and solve for the company's current needs. You may need a programmer or designer to modify the website, but it's not in the budget, or they are working on other projects and can't get away. This is when confident entrepreneurs can take the initiative to learn new things, such as programming or graphic design. Sites like Skillshare, Lynda, CodeAcademy, UniversalClass, and Treehouse (or your local community college) can help entrepreneurs learn new skills without breaking the bank.

Mistake 4: Paying too much attention to external evaluations

Positive reviews of your company or product from the media or others can indeed bring lasting satisfaction, but confident entrepreneurs and companies don’t need to pay too much attention to these reviews, nor do they need to be discouraged when they hear negative reviews.

As a founder, you are supposed to be focused on your internal goals and ideals, so even if external criticism is a valid way to improve your product, it shouldn’t dictate your work or ruin your life. Many company owners only care about what others think, and as a result, they hinder the company’s creative process, and the product suffers.

Mistake 5: Worrying about your competitors

Worrying about your competitors and understanding their latest moves are two different things. As a founder, the wisest thing to do is to understand what products and services are currently on the market, but you need to treat them like external evaluations. If you blindly want to compare with your competitors, you will lose the opportunity to truly surpass them.

To stay one step ahead of competitors, entrepreneurs should consider the potential needs of customers in their market and work to solve those needs.

Mistake #6: Avoiding Socializing and Public Speaking

When it comes to finding what the industry needs, introverts and shy people have to acknowledge a harsh reality: communicating with confidence is the key to creating a business.

For most entrepreneurs, it is essential to have good social and presentation skills, because others' impression of you will directly affect their feelings about your product or company. If you are not good at socializing or presentation, you can participate in speaker sessions or free events organized by the local chamber of commerce.

Mistake #7: Ignoring mainstream trends or current events

Keeping up to date with the latest technological trends, paying attention to domestic and international news and other mainstream cultural trends will give people a calm confidence. No matter what industry your company is in, the social environment has a huge impact on the company's development; understanding the latest trends will also help you improve your company's products and services, as well as the company's development.

Whether you are in a market full of potential customers, or you are working on a new collaboration with your employees who trust you and need to design innovative products, to make it all successful you need to believe in your brand, company products, yourself and your employees.