Immutable Law: Key for Successful Entrepreneur

  • 18th Nov'20
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Being successful often means learning from those who have already attained their goals. Having a mentor is a true blessing to an entrepreneur, but not everyone can find one in person.

Successful entrepreneurs need to glimpse success. Many of the prime businessmen around have seen a product and the associated success that could come with it. Take Michael Dell, he believed in the potential of computers way ahead of his time and built a business from his dorm room. Thus, once you have managed to envision your success, planning the road to this achievement is a must.

 

Immutable Law to become Successful Entrepreneur

Immutable Laws define you and the rules of your lives. They define your business. Immutable Laws are a mixture of ethics, core values, and self-assigned law, your essential skills for success, all draped up into one. They are the rules we have defined for ourselves, just subconsciously, on what is right and what is wrong.

The immutable law has a key role in becoming successful and human and makes us who we are. They the steps towards our successful profession.

 

Visit the links below to understand more:

22 immutable laws for marketing:

Positioning is the one part of marketing that a CEO cannot delegate. The 22 Immutable Laws of Marketing is a classic book on marketing positioning.  Positioning is the raison d’etre, its vision, differentiation, and it cannot live outside of the CEO. Understanding and owning positioning is crucial in fundraising, sales, product development, etc. To know more, read here:

7 laws of entrepreneurship:

It is important to know the laws of entrepreneurship. To know the 7 Laws of Entrepreneurship, read the article:

 

Law to become Successful Entrepreneur

 

How to become a successful Entrepreneur

To become a successful entrepreneur one needs to follow certain tips and tricks. To be successful confidence and determination are all that you need.

 

Click on the links to read how to become successful entrepreneurs:

5 must be followed rules:

To know five Must-follow rules for becoming a successful entrepreneur, click here:

How to become successful entrepreneurs:

For those prepared to work hard to succeed, there is an almost formulaic blend of entrepreneurial skills that can help set successful businessmen and women apart from the rest. To know more, read the article:

21 successful tips:

Being an entrepreneur is never easy. If one wants to be a successful entrepreneur,  you will have no career guide, one to guide you or show you any map to the road of success. To know the few tips that one should mindset in order to become a successful entrepreneur, click here:

 

Chances to become Successful Entrepreneur

The probability to become a successful entrepreneur depends upon your hard work and confidence. Other than that, according to the U.S. Small Business Administration, 70% of new firms survive for the first 2 years. those odds fall to 50 percent after five years and 33 percent at 10 years. If your business survives 15 years or longer, you have a 26 percent chance of enjoying success as an entrepreneur.

 

Click on the links to understand more:

Odds of becoming successful entrepreneurs:

The odds of being a successful entrepreneur are favorable the first couple of years but decline precipitously in succeeding years. If your business survives 15 years or longer, you have a 26 percent chance of enjoying success as an entrepreneur. To know more, click here:

Essential facts and statistic:

Many people looking to start a business hesitate because they’re don’t know what it will take to get started. The statistics don’t do much for confidence: 20 percent of new companies fail in their first year, and only 50 percent survive through their fifth year. To know essential facts and statistic, read more:

Qualities of successful entrepreneurs:

An entrepreneur should always be on the lookout for new innovations and ideas in order to emerge as a winner. They should constantly reinvent themselves and think of better ways to run a business and improvise on the products and services offered by them. To know more about it, read the article:

 

Tips to Become a Successful Entrepreneur

Visit the links to read the tips and tricks to become a successful entrepreneur.

21 tips for young entrepreneurs:

Being successful often means learning from those who have already achieved their goals. Having a mentor is an amazing blessing to an entrepreneur, but not everyone can find one in person. To know the 21 tips for a young or aspiring entrepreneur, click here:

Tips and tricks to become successful entrepreneurs:

You become an entrepreneur when you start your own company. However, the process of entrepreneurship can't be defined from start to finish because you must take many more actions before you start your company to become a successful entrepreneur. To know more, read the article:

 

We, at OpenGrowth, are continually looking for trending startups in the ecosystem. This was a blog on Immutable Law to become a Successful Entrepreneur. If you want to know any further information about the startup ecosystem or have any mind-boggling ideas, do refer to the other blogs at OpenGrowth. If you have any suggestions, do let us know in the comment section below. 

 

Contributor: Sareen Yasmin

Her passion includes creative writing, reading, and playing around with words. She is looking forward to bringing some change with the power of pen and thoughts. Mic and pen are her best friends.

Sources/References:

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About the author:

Editor , OpenGrowth Content Team

The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us.


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