Dr. Jack Kavanaugh Explains What It Takes To Become a Successful Entrepreneur

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Dr. Jack Kavanaugh Explains What It Takes To
Become a Successful Entrepreneur
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Entrepreneurs, on average, work harder and longer
hours than their workers while taking on
significantly more risk. Despite the odds,
countless new businesses are launched each year.
Some will be enormously successful, while others
will struggle to achieve long-term viability.
While luck plays a role, the success of a new
business is primarily due to the founding
entrepreneur's vision, effort, and
competence. So, what exactly does it take to
successfully launch a business?
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Dr. Jack Kavanaughs Secret to Becoming a
Successful EntrepreneurHere are some tips from
Dr. Jack Kavanaugh to become successful
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• Vision
• Great business people have a clear vision for
  their business and can succinctly articulate its
  purpose, goals, and market position. They have
  outlined (and can briefly describe) their
  company's who, what, where, when, and why.

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Passion Successful businessman is
enthusiastic about their company. It is demanding
work, and putting in long hours will be difficult
if you do not enjoy what you do. People who are
passionate understand what motivates them to keep
working toward their goals.
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• Tenacity
• When things get tough, entrepreneurs stay
  tough. They are not easily defeated. They are
  willing to learn from their failures and can
  accept rejection. They are ready and able to
  adjust and modify their strategy to succeed the
  next time.

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• Willingness to Work Hard
• Being an entrepreneur is more complex than
  working for someone else. To succeed, the
  businessperson must be willing to put in the
  necessary time and effort, often for little or no
  pay. Successful entrepreneurs understand the
  risks and hard work required to achieve their
  objectives.

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• Confidence
• Successful entrepreneurs believe in themselves
  and their businesses and must believe in their
  abilities and concepts. Every businessperson will
  face rejection along the way, and successful
  entrepreneurs have the confidence to persevere
  and recover from setbacks.

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Running your own business can be extremely
rewarding, but not everybody is cut out for it.
Before venturing into entrepreneurship, consider
these tips from Dr. Jack Kavanaugh.