3 Truths Wise Entrepreneurs Learned the Hard Way

Wise entrepreneurs aren’t skeptical because they have learned these three truths through hard work and unwavering focus. They have mastered the ‘basics’ and have a long-term vision for their business.

Here is what they know, but don’t talk about.

1. You can’t wait for permission.

When it comes to any big change in life, too often we wait for permission. We wait for validation or an influencer to tell us it’s OK to do what we want to do. We do the same thing with important decisions in our business. We wait for circumstances that may never fall into place. If you wait for permission, your business will not grow.

Wise entrepreneurs realize no one will ever give them permission. They understand if their business is going to be successful, they are the ones that have to do something about it. They have to take action without waiting for all the stars to align.

2. You should set trends, not follow them.

It’s an easier path to copy a successful entrepreneur. You see it works for them and figure you can get the same results if you do what they do. Everywhere you look, especially in the online world, you’ll see carbon copies of successful entrepreneurs.

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Wise entrepreneurs don’t want to be like every other business owners. They don’t accept commonly spouted advice as “law.” They don’t want their business to be the clone of someone else. They look for new and original ways to reach their present and potential customers.

Wise entrepreneurs model success, they don’t copy it. They see what works and how they can add their unique spin. In a world full of the same, people are looking for what stands out.

3. Saying ‘NO’ frees you.

By nature, we are people pleasers. We want to say ‘yes’ to requests, especially if we think they’ll help our business. We say “yes” to requests and end up working for free, or worse, wasting our time on things that don’t help our business.

When I started my business, I gave out lots of pro bono services. I was told some of such services will eventually pay off in Bamenda future and of course it did but there was one thing I learned which is that, people don’t respect what they get for free. When money is spent, they have skin in the game and take action.

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Wise entrepreneurs are more likely to say ‘no’ before they would think about saying “yes.” They value their time and realize it’s the most precious part of their business. In saying “no,” they leave room for the things they care about and will benefit their business.

Before you say “yes” to anything, evaluate how it fits into your plans and life. Time is the one thing we’ll never get back, so it should be spent wisely.

Life is short and time is the one thing we’ll never get back. Treat your time accordingly, especially in your business. Learn these three truths and take action on the kind of life and business you want to have.

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About the Author

Mbungyuh James Tseyah

Mbungyuh Tseyah James is a Social Entrepreneur and the Co-Founder of the Cameroon League for Development. He has been working on Climate Change, Disaster Mitigation and Internet Governance since 2008. He mentored and accompanied so many organizations in Cameroon and around Africa through capacity building, training and information sharing as well as represented Cameroon at high policy meetings around Africa and beyond Africa. A member of the Youths Constituency of the United Nations Framework Convention on Climate Change, a DiploFoundation alumni and a YALI alumni.

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