5 Mindsets of Successful Startup Founders

Alex Hamm October 18, 2015 15
5 Mindsets of Successful Startup Founders

Running a startup has become a very popular idea these days. In the last decade, the term ‘entrepreneurship’ has become one the “cool” fads for people to talk about and it has most definitely sold a lot of lies. Being a startup founder and entrepreneur is tough, whether you’re in the Silicon Valley or in some small town out of Arkansas.

Success in business and specifically in the competitive tech startup marketplace is a mental battle. With so many things going against you, you have to stay positive and maintain and attitude that will allow you to charge forward at all costs. Here are 5 mindsets that all startup founders must embrace:

50 Cent, 7 figures, abundance, Arnold S., attitude, attraction, billionaire, bio, blogging, breakthrough, business, career success, cash, change, company, confidence, determination, dream, effective habits, Eminem, energy, entrepreneur, failing, failure, financial, focus, get rich, goal setting, greatness, grind, hard work, how to accomplish your goals, how to achieve your goals, how to be productive, how to be successful, how to build your personal brand, how to create your own destiny, how to increase your productivity, how to make money online, how to meditate, how to reach your maximum potential, howard schultz, ideas, innovation, inspiration, investing, joel brown, john c. maxwell, john maxwell, law of attraction, learning, life, living a radiant life, mark cuban, Marshall Mathers, meditation, mentors, millionaire, mindset, money, motivation, net work, opportunity, overwhelm, persistent, personal development, personal growth, podcasting, powerful, progress, prosperous, psychology, quotes, reading, riches, self development, self growth, Self-Esteem, Self-Image, skills, starbucks, startups, story, stress, success, videos, wayne dyer, wealth

Via FitnessQuotesImg.com

1. It’s a marathon, not a sprint 

Winning in business is not about the short term. Year 1 results do no matter, nor do years 2 or 3. What’s important is that the company is growing and making progress each and every day. Successful startup founders go in with the mindset that amazing things are not going to happen quickly. It takes work, it takes patience and most of all it takes persistence.

If Steve Jobs and Bill Gates had been in the game for just a quick sprint, think about how different our world would be. How about Thomas Edison? Would our world still lack electricity if he had only planned on trying 3-4 times, instead of 10,000 times? Something to think about as you build a business and are hustling everyday.

2. I can’t do it by myself 

A big problem that many solo entrepreneurs have including myself, is that they feel they can do everything them self. Why would they bother paying someone or spending the time looking for partners if they can quickly and easily do it themselves?

The reason is because 1) You don’t have time to do everything yourself if you expect to build a big business. Eventually, you have to leverage other people’s time and 2) You’re not good at very many things.

What I mean by that second item, is that you probably only have a select few strengths, and it takes more than that to run a business. There are a lot of moving pieces to a startup and the sooner you can find experts and competent people to handle certain aspects of the company, the less mistakes will be made and the more things will grow.

Start thinking of how you can leverage other people’s time to create more revenue and growth.

3. Things change, and adjusting is necessary

Just because you started your company to solve one problem or serve a particular customer, does not mean it will always be that way. In today’s world, things are changing so rapidly that you have constantly be in audit mode. You have to look at the market and see what’s happening on a consistent basis and then adjust accordingly.

50 Cent, 7 figures, abundance, Arnold S., attitude, attraction, billionaire, bio, blogging, breakthrough, business, career success, cash, change, company, confidence, determination, dream, effective habits, Eminem, energy, entrepreneur, failing, failure, financial, focus, get rich, goal setting, greatness, grind, hard work, how to accomplish your goals, how to achieve your goals, how to be productive, how to be successful, how to build your personal brand, how to create your own destiny, how to increase your productivity, how to make money online, how to meditate, how to reach your maximum potential, howard schultz, ideas, innovation, inspiration, investing, joel brown, john c. maxwell, john maxwell, law of attraction, learning, life, living a radiant life, mark cuban, Marshall Mathers, meditation, mentors, millionaire, mindset, money, motivation, net work, opportunity, overwhelm, persistent, personal development, personal growth, podcasting, powerful, progress, prosperous, psychology, quotes, reading, riches, self development, self growth, Self-Esteem, Self-Image, skills, starbucks, startups, story, stress, success, videos, wayne dyer, wealth

For instance, one of my first projects was helping businesses market themselves on Twitter. While this is still a need in the online marketing world, things have changed and it has forced me to adapt into other platforms, such as Facebook and Instagram marketing. Now I help businesses with multiple forms of online marketing and it has allowed me to take on bigger clients than I was able to before.

4. The customer is always right

This is one we’ve all heard before, right? Well, as billionaire Dallas Maverick’s owner Mark Cuban says, “When you get a customer, they own you!”

How about that for a statement from a billionaire?! This is someone who has all the power in the world and he’s talking about being owned by your customers. If that doesn’t tell you to get your customer service up to speed, I don’t know what will.

5. I have only failed when I stop trying

There are going to be a lot of set backs on your journey as an entrepreneur. Heck, I’ve only been on the journey for a couple years and I feel like I’ve hit every roadblock along the way. But I also know that each time I hit a set back, I had to ask myself, “Is this the end, or is this just a transition?” So far, I’ve hit quite a few transitions but have not dared to say the Q word yet (Quit).

As long as you keep pumping forward you have not failed yet. Take these tips and get started on building your own startup or lifestyle business!

15 Comments »

  1. avatar
    Paco October 18, 2015 at 10:14 am - Reply

    Very interesting post. five steps for walking in this hard battle. Yos must think in yourself and i think yo do it. Congratulations and good luck. See you on internet.

  2. avatar
    Marko Laukas October 18, 2015 at 5:44 pm - Reply

    Hi! wise words. Entrepreneurs soul and visionarys mind are vital if you think to survive. Customer service is the most important thing, what should be the key element in every business.

    BR

    Marko

  3. avatar
    Stephani "Bling Bling" October 18, 2015 at 10:27 pm - Reply

    I love this advice! So true! Many times entrepreneurs have that mindset “I can do it all” and we need to be mindful that customers are what keep our company going. I think too many times entrepreneurs give up before they have the chance to see their dreams fulfilled! Well wishes and good vibes to all of the entrepreneurs out there! May you find much success.

    “Bling Bling”

  4. avatar
    Ady Cosma October 19, 2015 at 5:55 am - Reply

    Amazing blog dude and great article!! Loved it!

  5. avatar
    Jewel Griffin-Drinkard October 19, 2015 at 10:45 pm - Reply

    Great read and thanks for the insight. I consistently find myself wanting to throw in the towel because I personally have not progressed to where I would like to be. However, something keeps telling me to keep striving and there’s light at the end of the tunnel. I am pursuing and looking for another individual to help me with my success. I strongly feel this would help me immensely.

  6. avatar
    Samantha Williams October 20, 2015 at 6:04 pm - Reply

    “Success in business and specifically in the competitive tech startup marketplace is a mental battle.”

    ^^That is so incredibly true.

    Very nice article and great reminder to keep your head in the right place. As someone just starting out, I have several thoughts a day about giving up…that I’m not good enough. These limiting beliefs are my demon, but I am combating them with reminders to myself that I have done amazing things in my life with little to no experience. I CAN do this!

    Thanks very much for the article! @BrokenGenie

  7. avatar
    Chavu October 23, 2015 at 5:08 am - Reply

    Awesome read and tips….

  8. avatar
    Joe October 24, 2015 at 10:29 pm - Reply

    Great article and great mind set to see from a young entrepreneur like yourself. I wish all young men your age thought the same way. Haveing a successful business myself this is the exact advice I would give new both young and old entrepreneurs. Keep up the fantastic work!!!!

  9. avatar
    Neil November 18, 2015 at 2:54 am - Reply

    Very good article. It takes mental toughness to start a business. I appreciate your insight. Keep it up.

  10. avatar
    Kate November 30, 2015 at 8:38 pm - Reply

    I think that teamwork and persistence are definitely important for any startup. Good article.

  11. avatar
    Hector December 3, 2015 at 6:31 pm - Reply

    Great articles

  12. avatar
    Jaiden December 9, 2015 at 4:33 am - Reply

    Great article and this was very informational to me and well written. I will be back to this site: first time on page 👍🏽

  13. avatar
    Andy December 10, 2015 at 3:12 pm - Reply

    Good and standard practices that must be kept close in mind.

  14. avatar
    Stephen Osoko December 27, 2015 at 10:08 pm - Reply

    I think that No.1 is hugely important.
    It changes the way you look at things.
    I’d love to have a quick chat with you about your experiences so far as a blogger.
    Thank you for your fastest reply!
    Stephen Osoko

  15. avatar
    @isaiah_kumuyi January 7, 2016 at 5:59 pm - Reply

    This is awesome!

    It’s just what a folk like me needs right now. Much gratitude.

    I’d like to solicit your permission to post this article on my blog, without any form of editing, and with wholesome acknowledgment to you on this site.

    Thank you.

Leave A Response »