📺 Stream EntrepreneurTV for Free 📺

3 Ways Successful Entrepreneurs Think Differently The same things are in front of us all but not everybody sees them the same way.

By Kimanzi Constable

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

shutterstock

Your mindset affects what you believe is possible, and that will dictate what actions you take in your life and business. Your thoughts will either help or hurt your business. The way you think is one of your most valuable assets as an entrepreneur. Successful entrepreneurs understand this better than most.

Cultivating a strong mindset is a lifelong process, but today we have access to books, blogs, podcasts and videos that help us learn, grow and accomplish our goals. Successful entrepreneurs make learning and understanding themselves better a priority.

This year, I saw firsthand how the important it is to think differently. Having the right mindset led to explosive growth in my business. Here are three ways successful entrepreneurs think differently that helps them grow.

1. They realize excuses don't lead to results.

Excuses stifle progress. Successful entrepreneurs understand how detrimental they can be and recognize them when they start to creep up. They do their best to control problems and issues head-on. They don't run away and they don't blame someone else.

When things don't go as planned, it feels easier to avoid dealing with the issue, especially if it's our fault. Word of mouth is one of the most powerful forms of marketing and excuses will kill your reputation. Don't let excuses have any part of your business. Realize that roadblocks in are overcome when you don't pretend they're not there.

Related: The 5 Components of the Mindset That Will Let You Live Your Dream Life

2. They accept failure as valuable life experience.

Successful entrepreneurs understand that failure teaches you invaluable life lessons, and they learn instead of giving up. They view failure as a sign that they're continuing to grow in their life and business.

If you are not experiencing failure in your entrepreneurial journey, you aren't taking enough action. If you hit every goal you set without much resistance; you aren't setting big goals. You should set goals so ambitious that you don't some. Use those to stay motivated and never complacent.

Related: 2 Lessons You Can Learn From Entrepreneurial Failure

3. They value their time above all else.

Successful entrepreneurs value time above money. They realize time is the one thing you can't get back or create more of. They maximize their time by saying "no'' to things that don't benefit where they are in their journey. They realize time is precious and avoid wasting it.

Your time is your most valuable commodity. Treat it accordingly. In business, this means saying "no'' to meetings and opportunities that don't make sense for your business. It means not allowing all the bright shiny objects out there to sidetrack you. It means you focus on what will help your next steps.

You started a business to create a life of freedom. That freedom lets you spend each day and moment on what is important to you. Your business should fit into your life, not your life into your business. The life part has to come first. That means valuing your time.

You can build a business and life you love. It starts with your thoughts. Feed your mind daily with content that inspires and motivates you to the best version of yourself. Stay away from toxic people and situations that will fill your mind with doubt and fear.

Don't try to be like a successful entrepreneur. Don't copy. Embrace what makes you unique and study what your customers/leads respond best to. There's nothing wrong with modeling success, but modeling isn't copying. Don't follow conventional wisdom, think differently. Don't give into excuses, learn from your failures and realize how precious time is.

Create success in your life. You've got this!

Related: 7 Steps You Can Take to Stop Trading Time for Money

Kimanzi Constable

Content Marketing Strategist

Kimanzi Constable is an author of four books and has been published in over 80 publications and magazines. He is the co-founder of Results Global Impact Consulting. He teaches businesses modern content strategies. Join him at RGIC.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Employee Experience & Recruiting

Your Company Won't Grow Until You Follow These 4 Keys to Success

Giving people the freedom to create their own roles can set scaling companies on the path to growth.

Growing a Business

Don't Let These Three PR Myths Stop You From Harnessing Its Power

While these myths may have changed your perceptions of PR, it is still a powerful asset for any company, especially ambitious ones. Let's debunk these myths so you can identify a PR plan that works best for your business.

Devices

Keep the Team Pumped with This Outdoor Speaker — $39 Off

What are your team offsites looking like this year? This discounted speaker can help.

Science & Technology

Your Face is Data — and Scammers Are Using it for Fraud. Here are 5 Tips When Using Identity Verification

In today's crowded identity verification market, selecting the most suitable option can be daunting. There are simply too many solutions to be considered and tested out. This article highlights the key criteria to pay close attention to when deciding.

Franchise

After Months of Scrutiny, Roark Capital Finalizes $9.6 Billion Subway Acquisition

The sale, initially announced in August 2023, was delayed by Federal Trade Commission scrutiny.

Growing a Business

6 Game-Changing Skills, From Leaders Who Underestimated Them

These business leaders never imagined how important these skills would be.