Building Your Business 5 things every entrepreneur should know

Try to stay on top of the startup game by being aware of the latest happenings and trends in your industry.

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It is true that becoming a successful entrepreneur can be very very demanding. But it is also true that it is not impossible to become one.

Owing to this truth, it becomes important to know that apart from working tirelessly, surrounding yourself with good headed staffs, and having a well-orchestrated plan towards the achievement of your goal, there are some specific habits that are closely associated with successful entrepreneurs.

And, they are what we want you to know.

What are the habits of successful entrepreneurs that start-up owners should follow?

1 Be prepared to get moving

The best way to kick-start your mornings is to indulge in a fitness activity as exemplified by numerous entrepreneurs, leaders, and CEOs.

Hit the gym. But if you can’t, then go for brisk walking, jogging, cycling, swimming, yoga, or simply take your dog out for a walk if you have one.

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Important to realize is that physical activity does not only add to your health and wellbeing, it also sets the tone for the day, leading to better performance at work.

2. Network is the key

A define morale booster in the world of successful entrepreneurs is to constantly be in touch with people who subscribe to the same school of thought as you do.

The unceasing flow of knowledge, the wide access to multiple opportunities and the sharing of ideas with influencers and peers at various business and social events create room for progress in any business.

Not without reason was it said that birds of same feathers, flock together.

3. Reading maketh an entrepreneur

Reading is a connecting force that unites highly successful people.

In 2015, Mark Zuckerberg pledged to read a book every two weeks.

Warren Buffett spends 80 percent of his day reading.

Bill Gates is a known bookworm and reads up to 50 books in a year. He also collects rare books.

Entrepreneur David Rubenstein takes reading to the extreme level by -- he claims that he reads six books a week and 10 newspapers a day.

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So, to add to your personal and professional growth, you should be willing to step into the shoes of successful entrepreneurs like these who love reading and put some good books on your reading list.

Remember: It takes a reader to be a leader.

4. Successful entrepreneurs don’t stop learning

See it as your duty to strive for betterment with the passing of each day. Even Bill Gates attributes his success to the fact that he never wanted to stop learning.

Try to stay on top of the startup game by being aware of the latest happenings and trends in your industry. At the same time, constantly add new skills to your arsenal and use them for the betterment of your startup.

5. Practice philanthropy -- give back to society

The law of sowing and reaping is immutable as night and day. If you give, you will get.

This is one truth that is known to most successful entrepreneurs and that is why integrated philanthropy has become another common trait among them.

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There is a Bill and Melinda Gates Foundation. The Chan-Zuckerberg Initiative. And Marc Benioff's 1/1/1 Model. All of these are examples of founders giving back and exhibiting social responsibility.

More recently, Airbnb's co-founders committed half their fortunes to charity.

And, while Steve Jobs was criticized for not being philanthropic enough, it was later revealed that he donated $50 million to hospitals in California, and funded HIV and AIDS research.

Emulate people like these and work toward giving back to society in some way or another.

Remember: You do not need to have a foundation before you can give back to society.

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