theBLOQparq (tBp) is a community made up of micro-retail, office, and residential spaces designed to house macro-size dreams. We’re on a mission to bring business ownership within reach to anyone who has the passion and perseverance to make it happen.
“Carrying out innovations is the only function which is fundamental in
– Joseph Alois Schumpeter
As the landscape of today’s economy accommodates more startups and entrepreneurs, Shumpeter would have taken great pride in seeing his theories come to fruition. From Elon Musk to Mark Zuckerberg to Bethenny Frankel, every market maker has a story. Most of the time, it involves a plot twist that threw a wrench into their plans at one point or another – but they had a vision and saw it through. What is it that differentiates them from those whose ideas never see the light of day? Although there is no exact formula, consistent behaviors and mindsets exist among entrepreneurs who excel.
1. Keep Learning
A true entrepreneur is never satisfied. They continue to find ways to grow on a personal and professional level. Whether it’s reading, webinars, or finding a mentor, they are continually moving in a forward direction. Be sure to look for inspiration daily and put your passions into practice.
2. Healthy Habits
Making your health a priority is a must if you plan to reach your full potential. Many notable entrepreneurs wouldn’t be where they are today without their routines. A daily plan that includes staying active, keeping hydrated, taking personal time, and getting enough sleep will keep you on track. A healthy body means a healthy mind – and you’ll need that brainpower to come up with your next ingenious idea.
“Success doesn’t come from what you do occasionally. It comes from what you do consistently.”
– Marie Forleo
3. No Fear Of Failure
The best entrepreneurs don’t view failure as an option – they view it as inevitable. It’s all part of the rite of passage of making it big. If you’ve ever watched Shark Tank, you know that everyone comes with their own story and struggles. Real entrepreneurs see a barrier as an opportunity to build upon their brand. So hold your head up high, stay positive, and keep marching on.
4. Goals And A Game Plan
Having big, lofty ideas is admirable, but breaking them down into clearly defined goals is crucial. Suppose you are unable to communicate what your desired destination is. In that case, you won’t be able to craft a game plan for getting there – from logistics to marketing to finances and everything in between.
- Businesses that plan grow 30% faster than those that don’t plan. 30% 30%
5. Ability To Prioritize
There’s no denying it. We’ve all fallen victim to the never-ending to-do list. Part of the problem is that people tend to try to accomplish too much at once without any focus or strategy. A successful entrepreneur knows how to make a hierarchy of their tasks and wisely manage their time. What are you waiting for? Get going on that prioritizing…the clock is ticking.
6. Filter Opinions
When starting your own business, opinions (wanted and unwanted) will inevitably be part of the equation. The best entrepreneurs can determine which suggestions are worth considering and which to push aside. They take constructive criticism well and are not deterred or shaken by negative feedback. They consistently act with conviction and confidence to stay the course.
7. Build Powerful Networks
Entrepreneurs may not like the idea of working for others, but having social skills is a must. It pays to know the right people, and the most successful individuals know that. As an entrepreneur, you need to put yourself in environments that foster creativity and surround yourself with people who encourage, support, and guide you as well as those who balance out your strengths and weaknesses. That way, when it comes time to “phone a friend,” you know just who to call to get the job done.
Keep in mind that possessing the right characteristics and abilities is just one part of the equation. Being in the right place at the right time is also crucial to your success. Every square foot of the tBp micro-style community is made with entrepreneurs and innovators in mind. We provide networking opportunities, financial guidance, built-in marketing, and countless inspiration sources. tBp is where individuals come to be a part of something greater.