With Josephine Paris
The Inspiration Coach
Have you been considering starting your own business, but are worried that you don’t feel like you have the traits that you see in Oprah Winfrey or Elon Musk? You may be overlooking some of the more subtle characteristics that all entrepreneurs need to be successful. The Inspiration Coach, Josephine Paris, works with entrepreneurs to help take their businesses to the next level. She shares which qualities she thinks all successful entrepreneurs have, and how you can work on developing these during your entrepreneurial journey.
Open-mindedness and optimism
Being both open-minded and optimistic means that a person is open to any opportunity, but also can see the potential positive outcome of that opportunity, no matter how small, where others can’t. However, even for people who are typically positive, the ups and downs of entrepreneurship can take a toll on someone’s spirit. So how can continued positivity be generated during the down times? Josephine suggests reminding yourself of the benefits of being a positive thinker. “Ask yourself when in your previous successes did positive thinking help you towards your goal and purpose? On the flip side of that, think of a time when you were feeling pessimistic, or in a negative spiral. Did it serve you and your purpose well? What was the added value of having pessimistic thoughts
In any day of an entrepreneur, a lot can be happening within different elements of the business, and being able to multitask is a useful talent. But multitasking is not just switching from one job to another. It requires great organisational skills to know what needs to be done at what time point, and what the follow up task is. In the early days of a business when there may be only one or two people accountable for all roles, there’s no one else to pass the blame to when a task is forgotten or a mistake is made. You thankfully don’t have to keep all your to-do lists in your head or on missing scraps of paper nowadays. With Asana, Trello, Wunderlist and many more productivity apps it’s never been easier to stay organised!
Organisation is also important as a motivating factor. “Many entrepreneurs work alone, and being organised can provide the discipline necessary to stay focused in challenging times,” says Josephine. “You are setting your own rules, and no one is holding you accountable to following through.” At these times it can be useful to set yourself some structure and guidance to help you adapt to being your own boss.
“People who are organised, tend to be more analytical in their thinking,” says Josephine. “This is important in business as analytical skills are necessary to figure out what’s working and what’s not based on the numbers.” As many entrepreneurs will tell you, a gut feeling for business direction can help with many big decisions but the numbers don’t lie. Get in the habit of checking the metrics that matter to your business (revenue; profit and loss; user numbers etc.) to stay up to date with the health of your business.
Take a Risk
“An entrepreneur can often see a potential positive outcome more readily than the ‘average’ person,” says Josephine. However, being bold, and taking risks is still scary.
Focus on Your Version of Success
To maintain your best entrepreneurial qualities and avoid external distractions, Josephine suggests taking a holistic approach to viewing yourself. Think about your values, and what these looks like. Then consider your purpose, why this is important to you. Finally, think about how you can incorporate your values and purpose into your business and execute this vision.
“If you can find enjoyment in all three elements then this can maintain you and keep you going in the long run”, says Josephine. “Taking this perspective can give you a well-rounded approach to your enjoyment. If you enjoy what you do, you’ll keep going, get better at it and therefore gain the rewards. The level of enjoyment informs what you are doing and will provide the fuel for your passion and purpose.”
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A Business Coach based in Hong Kong. Josephine has an international career spanning over 11 years in Marketing and Communications in the retail industry in both the USA and the UK including 7 years being an entrepreneur in Business Coaching & Marketing in Asia.