Formula for Entrepreneurial Success


We can’t tell you (and ourselves) enough about what it takes to succeed. Everyone has their own formulas for success that they learned from a mentor or through their own experiences, likely a combination of both. Some lessons may be broad while some are specific. Well, we know we can’t absorb enough of these lessons, especially when these lessons are for entrepreneurial success. Here are 5 of those lessons that we can’t agree with more:

1. Work with Amazing People
Don’t compromise on who you choose to found your company with and hire. Do not put up with ego-centric personalities or downer attitudes.

2. Take on Big Challenges
It’s pretty simple: Hard things are valuable; easy things are not so valuable. Reaching the mountaintop is rewarding because it is hard. If it was easy, everybody would do it.

3. Focus
Say no to most things: Features. People. Partnerships. “Coffees.” Projects. Only a few of them really matter. (Yes, it’s hard to know which.) Don’t get distracted.

4. Take Care of Yourself
When you don’t sleep, eat crap, don’t exercise, and are living off adrenaline for too long, your performance suffers. Your decisions suffer. Your company suffers.

5. Love those Close to You
Failure of your company is not failure in life. Failure in your relationships is.

What is a lesson you’ve learned for entrepreneurial success? Share with us below!

(via Medium | image via John Morgan)