5 Successful Habits of Small Business Owners

Entrepreneurship is on the rise for good reason. Now you can avoid slaving at the 9-5 by starting your own company and building from there. Successful small business owners all have a few habits in common.

If you think about some of the CEO podcasts you listen to or even the YouTube videos and books of successful entrepreneurs you’ll notice they all have the following: a strong work ethic, confidence, excellent time management skills and the ability to know they can’t do it all.

Being a business owner is rewarding— I mean who doesn’t want to work for themselves, live life on their own terms and leave an awesome legacy.

If you’re a successful small business-owner, you probably already relate to the habits listed below.

Work Ethic is Key

There’s this myth going around that entrepreneurship means you wake up one day and you’re rich. Being a boss CEO isn’t a get rich quick scheme and it actually takes tons of work and dedication to build your brand and vision.

That’s exactly why the most successful small business owners lose out on sleep, vacation time and fun days with friends. It’s ok though. That amazing work ethic pays off years down the line when you’re the head of your own company and making enough money to live life the way you want.

Success Means You Have Confidence

You can say confidence is needed in every area of life but especially entrepreneurship. Friends and family may not understand what you’re doing, why you’re doing it or where you’ll end up.

Successful business owners know that people won’t always understand them and that’s okay. These business owners are the ones who are fearless when it comes to standing up for what they do and believe (even when it gets rough).

Entrepreneurs also know that just because someone doesn’t like their particular products or service doesn’t mean that their ideal customer isn’t out there.

Welcome Criticism

Finding success as a small business owners means you are open to friendly criticism. No one has it all together and no one knows it all.

Entrepreneurs realize this and take action to help present their brand and vision in the best light possible.

This may come in the form of marketing advice, business coaching, or simply going back to the drawing board when it comes to the services or products they offer.

They Know When to DIY & When to Outsource

Now this is the thing that really separates small business owners from successful small business owners.

As mentioned above, everyone doesn’t know it all and no one can do it all. That’s why successful CEO’s outsource. Usually the following tasks are outsourced by business owners:

• Social media management

• Customer service

• Marketing strategy

• Accounting

• Admin tasks

The more time an entrepreneur has to actually expand their business on every level the better off their brand will be in the long run.

Connections and Networking

Networking is a very important step to small business success. This may come in the form of conferences, business events or simply getting out there and telling other people what you do..

Word of mouth goes a long way and smart CEO’s know that the more people who know about who they are and what they do the better off they’ll be.

Businesses thrive off of attention. If no one knows about your brand how will you make sales and expand?

Which Habits Do You Have?

Which of these success habits do you have? It’s okay if you’re not perfect in every aspect. Make sure to work on your weak points and expand your skillset and confidence even more.