32 Simple Rules Successful Entrepreneurs Live By

Daring truth bombs about entrepreneurship. Brace yourself

Have you ever dreamt of owning your own business? Or being your own boss? Or starting your own little company?

Entrepreneurship is not made for a special few, you know? It is something you can claim at any age, in any circumstances of family or career, and with any background or experience in your name and in any fashion your little heart desires, darling.

a-year-from-now

But the trouble is most smart professionals, like yourself, dismiss the idea of becoming self-employed and disqualify themselves without ever trying.

How do I know? Because I was in that misguided club until I resigned. My excuses were so very good though:

  • Oh I don’t have an MBA.
  • I have no idea how to run a business.
  • I got no prior experience. Just full-time employee to someone else.
  • It’s scary and unfamiliar and I’m not comfortable.
  • It’s too late. God I’m not 20 (or even 30!) anymore
  • I have no funds to invest in my own company.
  • I don’t know how to be my own boss.

Lies, self-deception and more damn lies. Ignore them if you hear the same excuses in your head.

Listen, the actual reason I started my own company is because I was driven to absolute misery and borderline insanity with working at my corporate job. In that place, I knew I had no choice but to work for myself. Working for anyone else was just inconceivable.

So, my word of advice for you is this: Don’t wait that long. Don’t delay the decision to do this. Time is your greatest baddest asset. Use It Well.

If you’re unhappy at your job, MOVE. Do something. Start a side-hustle or a whole company. Yes. You!

So how to be a successful entrepreneur? It’s a question many have asked but the experts have already answered. Why not use their answers to your advantage?

Truth bomb: You are more gifted, more talented, more skilled than you give yourself credit. You are more capable, more resourceful and more creative than you can begin to imagine. You are already an entrepreneur. You were born with the gifts of running your own show. You picked up the excuses here on earth.

Now it’s time to learn, to grow, to push yourself. That’s what successful entrepreneurs do. Comfort is a taboo word for the willfully self-employed.

And learning from successful entrepreneurs is how you will stay inspired, something you’re gonna need. So learn from their success AND their mistakes. Follow their rules to live by and you can make smarter faster better decisions as a result.

32 Simples Rules Successful Entrepreneurs Live By

1. Value your time more than money. So don’t waste your time. Guard your time.

2. Fail big. Fail often. Failure is not a problem at all. Fear of failure is a waste of time.

3. Invest in yourself. Get a coach. Take courses. You don’t have time to learn it on your own.

4. Do uncomfortable things. If it’s comfortable, push yourself more.

5. Focus on your strengths. Outsource your weaknesses.

6. Get others to help you. Don’t be afraid to ask for help.

7. Be vulnerable. You are not made of rocks and stones. And vulnerability is an act of courage.

8. Speak up. If you don’t tell the world what you are doing, they won’t know about it.

9. Promote yourself without shame but do it with sincerity and in a genuine way.

10. Create only what you can be proud of and what you can absolutely stand by.

11. Understand that you won’t appeal to everyone and if you did, you would fail.

12. Treat your competitors as your role models. Learn from them. Don’t be threatened by them.

13. Think big. Have a big vision of what you intend to accomplish from the get-go.

14. See yourself as a player in this playing field. Don’t exclude yourself because you are new or inexperienced.

15. Believe in your ultimate success and reaffirm it every single day.

16. Surround yourself with people who share your core values and will lift you higher in your business.

17. Make great friends with money. Wealth is a tool you can use however you choose.

18. Accept that you will have to make compromises that your family or friends may question. Be okay with that.

19. Take care of yourself. This is a long road and you need to be fit for it.

20. Adopt a winning mindset. Learn tools and habits that will help you cultivate it.

21. Find a fierce support group. A mastermind. A small group of like minded peers.

22. Validate your work and your worth by how you feel about it, by what difference you make, not by what others say.

23. Make yourself a deal that if you ever lose excitement for doing this, you will stop. Never force entrepreneurship. You can always get a job.

24. Aspire to make a difference and chip at that vision daily, hourly, bite by bite, inch by inch.

25. Find inspiration and guidance in those who have mastered what you are trying to accomplish.

26. Become an expert in your field and share the expertise openly with the world. Don’t hoard information.

27. Pursue the passion relentlessly. Pursue it in the light and in the dark, when you are weary and disappointed.

28. Ignore the naysayer, the complainers, the haters, the doubters, and just do the work you believe in.

29. Cultivate patience. This is not a sprint. It’s a marathon of many miles.

30. Reward and recognize the success milestones. It’s about praise for what you have done as much as anticipation for what’s to come.

31. Grow every day as an entrepreneur, grow with your ideas, your goals, and the pull of possibility.

32. Believe in yourself. More than anything, every day wake up and remember that you are meant to do this, that you are here for a reason and this – being an entrepreneur and creating work that is worth doing and will lead to a legacy, that matters. You matter. And so you keep going.

There’s never been a better time to leave behind your job, and your role as an employee, A year from now, you’ll wish you had started today.

Start today then.

Need a hand in switching from Employee to Entrepreneur? I can help.

It just so happens that I’ve gone through this transition, and helped many others do the same – their stories are here – and there is no reason you should have to make this difficult transition on your own.

So if you mean business, and are seriously about taking your career and essentially your life into your own hands, and creating your own success in business, then go through the proven system that I teach here in Smart Exit Blueprint course. It works. Now I want it to work for you!

SmartExitBlueprint

  • http://alwayswellwithin.com Sandra Pawula

    2 & 4! I really needed to hear that today, Farnoosh. Your timing couldn’t be more perfect for me. Thank you so much!

    • http://www.ProlificLiving.com Farnoosh

      Sandra, my dear, aloha from Hong Kong. My timing is actually all messed up :)) Okay okay, bad joke but just adding some light humor …. Anything for you. So glad this resonated. Remember, it was for me in the first place. I so need my own reminders….

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  • http://leadershipheartcoaching.com Bill Benoist

    Love the list, Farnoosh!
    By the way, I wasn’t 20, 30, or even 40 when I started. I was (shutter) 50 when I decided enough was enough :-)

    • http://www.ProlificLiving.com Farnoosh

      Hi dear Bill, you know what I am dreading 40 and it’s approaching fast but for some strange reason – I don’t know why – I am looking forward to 50. My hubby says it makes no sense but 50 just sounds elegant whereas 40 has so many hang-ups about it. SO what I am saying is that you were at a perfect age to start your Act 2 of your career, Bill, and may there be an Act 3 in the works too.

  • http://www.middlefingerproject.com/ Aimee@Middle Finger Project

    Great post. 28. Ignore the naysayer, the complainers, the haters, the doubters, and just do the work you believe in.

    This, this, this.

    • http://www.ProlificLiving.com Farnoosh

      Hi Aimee, nice to see you here. Do you work with Ash Ambirge? Nice to see you here and a great add to the post, thanks so much.

  • http://www.siviking.com Ragnar

    Hopefully this still holds true even if I’ve barely been an employee, ever! I might have to temporarily become one again though, on the path towards the final goal. Great stuff, very comprehensive and to the point.

    • http://www.ProlificLiving.com Farnoosh

      Ragnar, hello again. If you’ve barely been an employee, then you are free of the brainwashing that comes with decades of it … and I am so very glad you are on your way to your final goal. Stay the course. Thanks for sharing your insights.

  • Melly Deen

    Farnoosh, I need a lot more guts to go full-time as an entrepreneur but this helps a lot …. like you always say, baby steps but going forward nonetheless…. thanks for the grand inspiration!
    PS: The class looks really good too!

    • http://www.ProlificLiving.com Farnoosh

      Hey Melly, baby steps indeed -as long as you are moving forward, measuring progress, and doing what you believe in … all those wonderful cliches are true. Glad to hear this spoke to you.

  • Posey

    “29. Cultivate patience. This is not a sprint. It’s a marathon of many miles.” Thanks for the reality check, Farnoosh. I started my business at, 56 \O/. I’ve been running forward into the future at Mach 10 with my hair on fire (think Top Gun.) I must remember that pacing and thoughtful planning will get me where I want to be in one piece.

    • http://www.ProlificLiving.com Farnoosh

      Lovely seeing you here Posey, and what a perfect age to start your dream. It shows your courage and your spirit and I love it. Yes I loved Top Gun so that’s a great image, Posey, and you WILL get there in better than one piece. I wish you lots of success and glad to be getting to know you more …. thanks for stopping by.

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  • http://squirrelsinthedoohickey.com Diane Holcomb

    I started reading the reprint of “The Million Dollar Secret Hidden in Your Mind” by Antony Norvelle. I’m uncomfortably aware that I have a poverty mentality, and need to think success. Your post was definitely timely for me. Thanks!

    • http://www.ProlificLiving.com Farnoosh

      Oh Diane, that’s the first step – becoming aware of our weaknesses. I have some that would shock you but I’m working on them too. Good news: you can change mindset and get rid of it. It’s not permanent like a tattoo :)

  • david

    hi farnoosh,
    i have got the desire to be an enterprenuer.today you have realy stirred up deep inside .i feel pushed ,forced and guided to do what i hoped.the rules will be my guide everyday as i move on.

    thank you for this advice.

    • http://www.ProlificLiving.com Farnoosh

      Glad to stir things up, David. You are welcome and best of luck – stay the course. It happens with patience and perseverance.

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  • http://howtobecomesmarter.org Gavriel

    Hi Farnoosh! I am trying to become my own boss right now and the path can indeed be scary, but I suppose I also had it a lot easier than most other people. After all, I didn’t even have a job that would take my time or give me excuses to put it off. After years of sickness, not having a degree and not having a job, it seemed like the perfect thing to do, if I just knew were to start. It took a while to figure it out and take the big step while learning lots in the process.

    Thank you for the inspiration to keep going :)

    • http://www.ProlificLiving.com Farnoosh

      Hi Gavriel, glad this was inspiring. If you’ve been through all of that and survived it, surely you are going to survive becoming your own boss. I have no doubt about it. I am confident that if that’s what you want and you believe you can do it, the rest is detail. In the meanwhile, let me know how I can help – I work with people to get them started in my coaching program. Wish you best.

      • http://howtobecomesmarter.org Gavriel

        Thank you so much :) I will definitely keep this in mind.

  • http://coachestrainingblog.com/becomeacoach Lynne

    If you feel that you cannot do it then you will not be able to. Having the confidence to start your own business will come from within. Thanks for the article, great share!

    • http://www.ProlificLiving.com Farnoosh

      Lynne, belief in the self is the first act of success. Well-said.

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  • http://www.libroediting.com Liz Broomfield

    I really like the positivity and inclusiveness of this list – especially the bit about embracing your competitors as role models and a support group. I have a fantastic group of peers I can call upon in an emergency, support and draw support from. And it’s ALWAYS a good time to do it. I went from being an administrator type, very organised but always in the background, to starting my own business, going full time with that when I turned 40 (and writing a book about it when I turned 41). No one I know would have ever expected that of me – hooray!

    • http://www.ProlificLiving.com Farnoosh

      Liz, hooray for you indeed. What’s the name of the book? I love how you re-invented yourself, and are now living to tell the story. Very exciting. And it’s wonderful you have a support group – soooo important! Thanks for sharing your insights.

      • http://www.libroediting.com Liz Broomfield

        It’s called “Going it alone at 40: How I survived my first year of full-time self-employment” and it’s available in e-book format at the moment, as it has to pay its way before I do a print version – as with everything I do with my business!

        • http://www.libroediting.com Liz Broomfield

          Here’s a link to my page about the book – please feel free to delete this if it’s inappropriate, of course! http://librofulltime.wordpress.com/e-book-going-it-alone-at-40/

          • http://www.ProlificLiving.com Farnoosh

            Liz, thanks, checking it out – what a great inspiring name! Please keep going. Only more success lays ahead for you! :)

            • http://www.libroediting.com Liz Broomfield

              Thank you for your encouragement. The business is going from strength to strength and I’m hoping to write a new book over Christmas, too (and have some time off ….). I like this website a lot, will be exploring further!

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