7 Things That Makes You A Better Entrepreneur

Updated: Apr 22

If you are filled with business ideas and have time to work for those ideas, want to become an Entrepreneur, check out these great self-improvement tasks for entrepreneurs.

Whether you are looking for guidance on how to start a startup, or advice on how to take your startup to the next level, these tips will make you and your business grow exponentially. Use your downtime to invest in yourself!

So here are the 7 recommended things to do to be a better entrepreneur.

Customer Discovery. Steve Blank’s customer discovery advocates that you “get out of the building” to engage with your customers. While face to face may be off the table right now, you should take the opportunity to reach out to leading customers and check their needs. Having an informal discussion of how you can do better will be helpfull for improvement.

Return to the First Principle. First principle thinking is the act of boiling a process down to the fundamental parts that you know are true and building up from there. You started your venture to serve an unmet market need. But since starting you might have been running full speed with little time for rest. When you have time sit down and look at your business, explore how and where you are on the entrepreneurial journey. Think about pivoting and adjustments. Recall the hardships and happy moments.

Start to Meditate. Meditation has a positive impact on Entrepreneurship. Entrepreneurs need to think quickly and process multiple pieces of information at the same time. Mindfulness meditation will help you increase your focus and ability to think with a sense of clarity leading to improved decision-making. Meditation is an exercise for the mind. You go to the gym, start light and work your way up. Similarly, try mindfulness meditation for just 10 minutes a day. Commit to it. Then after two weeks, see the improvement. You won’t give up the practice. Start with this Harvard article.

(re)Read Books. Great entrepreneurs are lifelong learners and one of the best ways to learn, is to read or reread, a book. Here are a few of my recommendations: Venture Deals, Lean Startup, Zero to One, The Hard Things about Hard Things and How to Win Friends and Influence People.

Learn something new. Reading is only one way to upgrade your knowledge and taking an online course is another. Here are some of my favorite (free and paid) options: y combinator Startup School, Stanford’s eCorner, 100 Steps 2 Startup, Ryerson Startup School, and edX.

Watch a Biography Online. For years entrepreneurship has been seen as tacit knowledge and thus best taught through experience and example. So learn from the lessons, lives and mistakes of other great founders. Few of my options (free and paid) for online biographies: Biography, Youtube and the Naked Entrepreneur.

Learn to Code. Coding is the new second language (sorry Spanish) and soon no one in business will be able to escape the need to understand coding. But don’t panic! Today coding is taught through a variety of channels and experiences, many of which you can do at home. Here are my favourites two: codeSpark and Grasshopper

Every entrepreneur has a different reason for why they had originally wanted to start a business. But most entrepreneurs agree on one thing – starting and running your own business is great!

One of the most important things you can do to become a better entrepreneur is Learn From Your Mistakes. It’s ok to fail, because failure leads to doing something better. Don’t be afraid to do something, fail and learn from that.

That, along with the tips listed above, will no doubt help you become a better entrepreneur.

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