The Habits of Effective Entrepreneurs

Leadership / July 9, 2021

The book “The 7 Habits of Highly Effective People” is a worldwide best-seller. Stephen Covey wrote it in 1989 but yet it still sells out to this day. The habits he promotes in the book are useful to entrepreneurs at every stage of their career. We decided to take a look at a few of them that are especially useful. Here at Justin Cobb Leadership Academy we consider this book a must-read.

Begin With a Goal

One of the most important habits Covey suggests is to have a goal or vision in mind. If you do not have an idea of what you want to achieve, then you’ll spend your life drifting aimlessly. Those who achieve great things do so because they have a vision of what they want and they work towards it.

Imagine you are sailing a vessel on the open sea. If you have no idea of your destination, you may never get anywhere. The wind will push you in circles or wherever it pushes you. If you know where you want to go, you can set a course. You may still have stormy weather, or blow off course, but eventually you will get there.

Winning is Not Zero-Sum

A ‘zero-sum game’ describes a scenario in which for one person to win, another person has to lose. Many people believe this is how success works. But this is not the case. Almost every situation has an outcome in which both parties can benefit. By finding those outcomes, you can build amazing relationships. You will help and nurture those around you instead of competing and dragging them down.

Sharpen the Saw

The final habit we will mention today is sharpening the saw. This means that you should strive to make improvements every day, even if only small. If you use a tool every day, and never sharpen it, it will become dull. But an extra few minutes each day can make that tool last a lifetime, and even improve.

Your mind and body are tools. So each day sharpen them a little. Exercise, read, meditate, socialize. When you can put aside time to sharpen the saw each day, you will find yourself more successful as time passes.


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