SKILLS OF AN ENTREPRENEUR

TIME MANAGEMENT -SKILLS OF AN ENTREPRENEUR

1.Eisenhower Matrix

You may not have heard the name of this matrix but most of the billionaire’s of the world follow this matrix to schedule their work and get most out of their day , as a result the matrix is divided in four quadrants as you can see in picture Urgent Important, Urgent Not Important, Not Urgent but Important and last Not Urgent Not Important. These are some basic skills of an entrepreneur.

So, you must divide your work according to this. Let us take an example of this: Suppose you are a student and you have started blogging, after a month you have noticed that you haven’t got most out of your day to day free time to develop your blog. How would you schedule your work. So, Let’s schedule it with Eisenhower Matrix. It will be very easy then. How?? See!!

eisenhower matrix describing about time management
Eisenhower Matrix (skills of an entrepreneur)


The tasks are divided as below:

  1. Urgent Important:- Blog, Writing Content for your readers etc.
  2. Urgent Not Important:- Day to day household works etc.
  3. Not Urgent but Important:- Like study, eating food etc.
  4. Not Urgent Not Important:- Social Media, Watching Television etc.

So, how do you will spend the time on the all four quadrants? We will tell you in percentage.

  1. Urgent Important:- You should spend 50% of your full day time on this. If you are studying then 50% of your after study time.
  2. Urgent Not Important:- 10% – 20% of your time on this.
  3. Not Urgent but Important:- 20% – 30% of your time on this.
  4. Not Urgent Not Important:- 10% of your time on this but mostly of our youth spend 90% of their day to day lifetime on this which plays no significant role in our life.

2.Focus

If you checkout HBO Documentary on Warren Buffett which also features Bill Gates. The both were asked “What made you the most successful, in one word?” Both said the same word “FOCUS”. Focus is the key according to them to their success. Another billionaire Drew Houston added to this: The default if everybody around you is just unfocused . You must know what you are doing and do it with full focus only then you will get success in that particular area. This one is the must have skills of an entrepreneur.

3. Average of Environment

You are the average of five people you spend the most time with. This is the most popular thing I have ever heard from more than 80% of the successful people around the world. If you won’t spend your time with the like Minded people you surely won’t become successful as they are. You would be consufed how it is possible? Let us clear your confusion.

warren buffet on being average of good people
skills of an entrepreneur

It’s Better To Hang Out With People Better Than You. Pick Out Associates Whose Behavior Is Better Than Yours And You’ll Drift In That Direction.

Can you Imagine Michael Jordan hadn’t been for NBA if his circle of five had been a bunch of guys in Italy? Your circle pushes you to be better.The skills of an entrepreneur to choose people around him is very important.

4. Don’t waste your time on thinking what you can’t control

You must know in life what you can control and what you can’t. You can’t control the market or share price. So, don’t waste your time on thinking on the uncontrollable things. The thing that is in your control is you can build great products? Are your customers happy with you? That’s the big part of your job. You must do this job with full focus rather than wasting your time on the things that’s not in your hand. This also contribute to the one of the most important skills of an entrepreneur.

ex. NBA games

You should follow the NBA Game from NBA we do not means the Basketball Association. NBA means Never Blame Anyone. Blame games gives nothing to anyone. There are some people out there who just blame others for everything happens to their life, therefore that type of people can’t get successful in their life because they don’t take responsibility of their life and they just leave their live on others because it will be easy for them but that will be the most foolish decision of your life. By taking your responsibility there may be a chance you will get failure one or two times but after this you will become stronger and learn the things you will never get from others. So we must take the responsibility of anything happens in our life.

5 .Stick to your Vision

DALE CARNEGIE ABOUT VISION OF A LEADER
DALE CARNEGIE ABOUT VISION OF A LEADER
AND SKILLS OF AN ENTREPRENEUR

The vision works as a sailor of your boat. You should’ve stick to your vision. Its also very important so Now a question may arise in your mind. What type of vision? your vision shouldn’t be like we want to make a billion dollar company soon but your vision should be I am going to solve this problem from the world. I have faced or saw the problem now nobody else will have to see or face the same problem. By sticking to your vision, everything else will fall in to place just have patience and keep going. Entrepreneurs are visionary people so being great visionary is an important skills of an entrepreneur.

Journey of Thousand Miles..

At last we accept that a journey of thousand miles starts from a single step but the road is slippery and wet. You don’t have the Google Maps. You don’t have the right shoes. Yet, you must put the foot forward. You will stumble, you will fall. You will get up again but you are born to walk. These are some heart touching lines from the Book of Rashmi Bansal an author. Book name is Arise Awake.

Thank you very much for reading this, if you have any suggestion or want to contribute  in our directory contact us at Contact Us page or send us at: contact@spotrich.com. Stay Tuned for every week’s special inspirational posts. Follow us on Social Media by clicking top left corner to get regular inspiration. Have a great day.

-DEEPAM KAPUR

EDITOR -SPOTRICH

Nick vujicic motivational speech

30 replies to SKILLS OF AN ENTREPRENEUR

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  3. Hey, how’s it going?

    I want to pass along some very important news that everyone needs to hear!

    In December of 2017, Donald Trump made history by recognizing Jerusalem as the captial of Israel. Why is this big news? Because by this the Jewish people of Israel are now able to press forward in bringing about the Third Temple prophesied in the Bible.

    The Jewish people deny Jesus as their Messiah and have stated that their Messiah has been identified and is waiting to be revealed. They say this man will rule the world under a one world religion called “spiritualism”.

    They even printed a coin to raise money for the Temple with Donald Trumps face on the front and with king Cyrus'(who built the second Temple) behind him. On the back of the coin is an image of the third Temple.

    The Bible says this false Messiah who seats himself in the Third Temple will be thee antichrist that will bring about the Great Tribulation, though the Jewish people believe he will bring about world peace. It will be a false peace for a period of time. You can watch interviews of Jewish Rabbi’s in Israel speaking of these things. They have their plans set in place. It is only years away!

    More importantly, the power that runs the world wants to put a RFID microchip in our body making us total slaves to them. This chip matches perfectly with the Mark of the Beast in the Bible, more specifically Revelation 13:16-18:

    He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.

    Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.

    Referring to the last days, this could only be speaking of a cashless society, which we have yet to see, but are heading towards. Otherwise, we could still buy or sell without the mark amongst others if physical money was still currency. RFID microchip implant technology will be the future of a one world cashless society containing digital currency. It will be implanted in the right-hand or the forehead, and we cannot buy or sell without it! We must grow strong in Jesus. AT ALL COSTS, DO NOT TAKE IT!

    Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation. He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb. And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name.” (Revelation 14:9-11).

    People have been saying the end is coming for many years, but we need two key things. One, the Third Temple, and two, the technology for a cashless society to fulfill the prophecy of the Mark of the Beast.

    VISIT http://WWW.BIBLEFREEDOM.COM TO SEE PROOF FOR THESE THINGS AND MUCH MORE! TELL YOUR FRIENDS AND FAMILY. SHARE THIS MESSAGE!

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