9 Skills that Aspiring Entrepreneurs Must Learn to Succeed in the 21st Century

Aspiring Entrepreneurs

“The good news about entrepreneurship is that your fate is in your hands. The bad news is that your fate is in your hands!” – Guy Kawasaki – American Author and Marketing Specialist

The above quote aptly describes through which dilemma aspiring entrepreneurs nowadays passes through. The fact that their future is in their own hands is both a blessing and a curse at the same time. All of us need some skills to excel in our careers and make our professional lives perfect. We focus all of our energy on getting the job done in assuming that the rest will take care of itself is a big mistake. Wait, isn’t that we all have followed till this moment in our lives? Yes, but sadly, it isn’t true.

Never Stop Learning

A new research from Stanford University by Carol Dweck and her colleagues about how we learn things has shattered all the myths and theories about learning from our mistakes. According to a group, randomly selected students were divided into two groups. One group was taught to perform better on a task on which they performed poorly earlier. The other group received a completely different treatment and were told to believe in themselves as improving their performing is a choice they can make.

After some time when the performance of both the groups were checked, the group that was taught to perform the task better did even worse. On the other hand, the group that was taught they had the power to change their brains did exceptionally well. One aspect we can take away from this research; we should never stop learning. The moment we think that have learned everything, is the moment we give away our unrealized potential.

Why Constant Learning is the Key to Success?

You must believe that you can improve yourself and can do things in the future that are beyond your current possibilities is exciting enough. As we have limited time, we should dedicate ourselves to learning skills that can yield the greatest benefit. Now I will try to briefly describe 9 such skills that can deliver the biggest payoff and can make your future better both in terms of how to learn new things and keep your learning skill alive.

Related Read: Productivity Secrets of High-Performance Employees at Google and Apple

  1. Emotional Intelligence (EQ)

Emotional Intelligence (EQ) is simply your ability to recognize and understand emotions in yourself and others. Furthermore, it also describes your ability to use this awareness to manage your behavior and relationships. EQ is one of the best ways to focus your energy in one direction with tremendous results.

TalentSmart is world’s leading provider of Emotional Intelligence tests and trainings. The results they have put forward are startling to say the least. EQ is the strongest predictor of performance, responsible for 58% of success in all types of jobs. People with high degree of EQ make more money, on average 29,000 dollars more than people with a low degree of EQ.

  1. Time Management

Learn to manage the time effectively and efficiently for best results. If you need to perform at the highest level, you need optimum time management for making sure that you are on top of the tasks that you have to complete and never have to work extra-hours at the end of the day. While there may be exceptions, your first priority should be able to manage your time for organizing and executing around priorities.

As an owner of a venture or managing a team, you need certain tools through which you can supervise your team better. A task management tool like TaskQue can be really effective for you.

  1. Listening

Listening properly is an art which not many people have. We like to speak up all the time and do not have the patience to listen. A person can learn a lot by just listening as when we speak we are just repeating what we already know. By listening, we always learn new things and can understand a situation or person better.

  1. Saying No

People often find it very difficult to say no and in turn often accept certain task that they can’t complete in time. That reflects as a negative factor on their performance. It’s a word you need to learn if you want to improve your entrepreneurial skills as in real world you will often come across situation where you need to choose between doing a task for someone else or complete a task at hand more important than anything else.

Learn to say no in a polite manner as it will free you from unnecessary constraints will give you ample time and energy to do tasks that are more important to you.

  1. Asking for Help

Never ever feel shy or afraid of asking for help. Don’t think about what other people’s perception will be about your intelligence or ability to do things. Think of scenarios when you will do a job the wrong way and will face the dire consequences. There is nothing wrong in asking for some help as only in this way you will know the clear and correct path to do a task the right way.

  1. Getting Quality Sleep

The conclusion of a recent research from University of Rochester provides ample knowledge about how exactly a sound sleep is good for our health. According to the research, while we sleep, our brain removes toxic proteins which are by products of neural activity when we are awake. Our brain is only able to remove these toxic waste only when we have a sound and sufficient sleep according to our age group. Else you will experience difficulty in completing your tasks and will creativity will take a hit.

  1. Bite your Tongue on Appropriate Occasions

It is one of the most difficult things to do in any professional working environment. Just like it take skills to listen properly, to remain silent and refrain from getting into a heated argument with your boss or company management is also tricky. While you must speak up for your rights, sometimes just remain silent can make situations very easy. Making too much arguments all the time will make you a person who people will want to avoid so try to speak up only when it’s an absolute necessity.

Related Read: 4 Ridiculously Simple Ways to Achieve More in Less Time

  1. Taking Initiative

Taking an initiative can go a long way if you are able to make your decision count. If you are certain about a task or starting a process that can result in a favorable situation for your company, please take the initiative. Invention is also a type of initiative and if you know that you are making the right choice for the betterment of your company or at a personal level go ahead right away. Or someone else will take the initiative and you will lose the chance to excel.

  1. Staying Positive

We experience countless situations in our daily life when we lose hope and become pessimistic. If you re among those who see a half glass full rather than half empty, you are bound to succeed. For an aspiring entrepreneur, you must be optimistic and take calculated risks to succeed. The business world is a brutal marketplace where you need to succeed at all cost. It’s a race to the finish and only those succeed who have a desire to excel and can see the light at the end of the tunnel.

Final Word

Fresh graduates out of college and anyone with a unique and bright idea look to jump on the bandwagon and start his own company. What they don’t know that being an entrepreneur is not an easy task that you can accomplish within a year or two. Starting a business is easy but sustaining it in the long term is the difficult part.

I hope through this blog you will learn some lifelong lessons and get the skills that are needed for the modern age. The business environment is getting tougher each day and it’s the survival of the fittest. You need to learn the skills mentioned here to win the race or else you will lag behind.

I would love to have your feedback for making this blog even better in the future. Please use the comments section below in this regard.