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"Rules Of Being an Entrepreneur"

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The great part of being an entrepreneur is how you can forge your career with freedom and not limited by sets of rules. However, when managed incorrectly, too much freedom can also lead to confusion, bad decisions, and sometimes, failure.

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Thus, learning from the experience of entrepreneurs before us, both successful and failed ones, here are a simple set of unspoken rules every entrepreneur should follow:

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1. When in doubt, turn back to your big vision

You may endure changes, transformations, and pivots along the journey of your business venture, but it should always be based on a vision.

Keeping the big idea in mind will guide you to the right course at all times, no matter how hard the present situations are. When in doubt, ask yourself, what's the big goal of this business when you first dream of this idea? What actions have been done so far to achieve that vision? What actions did not necessarily reflect those vision?

2. Be Resilient

Sometimes the only way to run a business is to persevere until Lady Luck turns your way. When things are challenging, remember your commitment to always endure and moving forward, no matter how hard and fearful the situations are.

Let resilience and perseverance be the fuel to achieve your first rule: the big vision.

3. Be Who You Are

You are good at something, everybody is. Embrace your skills, expertise, and even your identity and don't try to be everything and everyone in your business.

Delegate what you cannot do, and even the things that can be done by anyone else. Remember the first rule of leadership: only do what only you can do.

4. There is a limit to authenticity

Don't try to reinvent everything, especially the things that already worked. If you can emulate your competition, do it instead of spending your resources to re-create.

If you can purchase a system and install one, purchase it instead of wasting time to re-create it.

Being authentic is good, but too authentic can also be detrimental.

5. Manage Energy and Health

Manage your energy, and remember that your health is the most important thing. You are important to your business, and you can only perform well when you are in good health.

Remember that by taking care of yourself first, you can take care of your business better, so know your priority.

6. Don't Run Out Of Money

Manage your finances and cash flow at all costs. Increase your business efficiency at all times, and if necessary, always look for options to generate more revenue or to get more funding, or both.

When you need to endure and persevere in tough times, you will still need money as the fuel, so don't ever run out of money.

7. Have Fun

Laughing is always the best cure for stress and any diseases. Remember that in life, your main goal is to be happy and have fun in the journey.

Remember that your first mission to be an entrepreneur instead of working for someone else is to be happier in life. Have fun and laugh at yourself.