3 Tactics To Adopt For Success As Entrepreneur

Sunday, April 11, 2010, 7:45 AM | 2 Comments

In these posts, I have many times stated some strategies and characteristics adopted by an entrepreneur to be successful in their newly formed endeavor. When I think about these tactics and characteristics, they remind me of the great communicator, President Ronald Reagan. He possessed all these characteristics and then some.

However, no one has a monopoly on these qualities and there is no reason why we won’t be able to adopt them as well.

The successful ones, like Mr. Reagan, almost invariably practice the following three tactics:

  1. Networking

    Entrepreneurs are always meeting and talking to people. They share information on their ideas and projects. They seek people out, meet with them, and ask them to offer feedback. This practice often allows entrepreneurs to make much-needed connections with potential partners, investors, and employees, just like Mr. Reagan did with Congress and world dignitaries.

  2. Delegating Authority

    President Reagan delegated authority and held folks responsible for that. Entrepreneurs don’t try to do everything themselves. They inspire, persuade, head-hunt, or ask great experts – advisory board members, technology experts, financial modeling gurus, or market research interns – to join them.

  3. Energy and Optimism

    In some people’s mind, Mr. Reagan’s optimism was his drawback in the real world. I think it was one of his biggest assets. Folks want to be around energetic, positive, and optimistic people.

In a Nutshell
Understanding these elements is huge. How many do you possess? How many can you adopt for yourself? Think about your own attitude. Think of the kind of people you like to hang around with.

I believe every human has these characteristics and the ability to exercise those tactics. But in certain circumstances, we just have to bring them out and act on them. There are no secrets to it.

What do you think?

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  1. 2 Responses to “3 Tactics To Adopt For Success As Entrepreneur”

  2. By medical assistant on Apr 12, 2010, 9:33 pm | Reply

    Terrific work! This is the type of information that should be shared around the web. Shame on the search engines for not positioning this post higher!

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  2. Apr 11, 2010: 3 Tactics to adopt for success in your small business | Personal … Drugs on Me

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