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But what else does it take to succeed as an entrepreneur, and how should an entrepreneur define success?
Here’s what I came up with, a Top 10 List:
10. You must be passionate about what you are trying to achieve.
That means you’re willing to sacrifice a large part of your waking hours to the idea you’ve come up with. Passion will ignite the same intensity in others who join you as you build a team to succeed in this endeavor. And with passion, both your team and your customers are more likely to truly believe in what you are trying to do.
It’s easy to create mental barriers between “friends” and “business.” But there are ways to nurture business relationships with friends–without jeopardizing either. Here are three things to be mindful of to make sure both sides are happy.
1. Seek the win-win.
Put yourself in the shoes of your friend and seek out ideas for how you might be able to solve his or her problems. The stakes don’t have to be particularly high early on; the key is to find a way that you can both benefit from an initial business interaction. A quick win can be something as simple as sharing connections or finding similar challenges that you can problem-solve together. Regardless of the situation, find some way to help each other and keep the conversation alive so you can continue to find situations that benefit both parties in the future.