Empowering and Inspiring Women in Business and Women Business Owners

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The Five Habits of Highly Successful Small Business Owners

By Susan Katz of The Growth Coach.

Have you ever wondered what the difference is between a business that consistently grows and another that struggles just to make ends meet? Or why a business that was started in a basement of a home can outperform some of the best-run “big” companies in sales and profits?

For the most part, there is no such thing as a successful or unsuccessful business; there are successful or unsuccessful people and entrepreneurs who run businesses. Becoming a successful entrepreneur requires a certain self-image, a certain mindset. Salim Omar likes to refer to this mindset as the “5 Habits of Highly Successful Small Business Owners.”

Here they are:

  1. Have a clear vision of your business, and commit that vision to paper
  2. Put the proper systems in place
  3. Know what you don’t know and then quickly get the help to fill the void
  4. Have a mindset of preeminence
  5. Work on your business, not just in it

Susan Katz