If you want to build a 6 or 7+ figure business, these are the 8 skills you need to nurture👇🧵
1. Sharing the spotlight
Great products, services, and businesses aren't about you. They're about the customer.
The best entrepreneurs & leaders aren't concerned with it being "their idea." All that matters is it's the RIGHT idea.
Whether it's there's or not is irrelevant.
2. Radical transparency
Problems occur in moments of confusion. And confusion is caused by a lack of information.
The best entrepreneurs can "see" 3 or 4 moves ahead, and value being honest NOW so that a small problem doesn't become a big problem, later.
3. Defaulting to generosity
Some entrepreneurs operate with a mindset of scarcity.
"I need to keep this, because if I don't, then I'll lose what's mine."
But the best entrepreneurs operate with a mindset of giving. And their generosity creates a flywheel of abundance.
4. Personal accountability
The gift & curse of entrepreneurship is that everything depends on you.
• If you make a giant mistake, it's your fault.
• If you hit a giant home run, you reap the rewards.
The best entrepreneurs don't blame.
They chop wood and carry.
5. Sustainable daily habits
"Grind, grind, grind" is terrible business advice.
Any successful entrepreneur knows there's a limit to how hard you can work. The goal is to find ways to get more out of less, not push to get a little more out of more.
6. Know what you don't know
Just because you're the leader, doesn't mean you're the expert in everything.
The best entrepreneurs know what their expertise is, and where they are the weakest link.
"I defer to you" becomes their go-to phrase.
7. Commitment
Finding a great idea is like dating.
But a lot of entrepreneurs like being bachelors. They like entertaining lots of different ideas.
The best entrepreneurs though, when they find "the right one," they commit.
And they're more successful as a result.
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8. Optimize for personal happiness & impact
A business that positively impacts the world but negatively impacts your own life isn't sustainable.
The best entrepreneurs know they are their greatest asset. Which means they need to be happy.
Happy self, happy everyone else.
For context: I built my first company when I was 26 years old, and scaled it to $2M in revenue and 20 full-time employees in less than 18 months.
I'm on my 2nd business now, which is #ship30for30.
If you liked this thread and also like writing, 👇👇