The 4 Mantras of Successful Entrepreneurs Following these four principles can help turn a challenge into adventure and toil into a labor of love.

By Chip R. Bell Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Entrepreneurs who make it beyond their first few "lean and mean" years learn to let the rewards of freedom trump the anxiety of "what if I fail?" They acquire a devotion to the rhythm of riding their vision, unshackled from the slavery of following a conventional schedule.

In the past 30 plus years I have been an entrepreneur, I have been asked hundreds of times by new entrepreneurs and wannabes how to thrive, not just survive, in a "be your own boss" enterprise. I have studied those who win and fail with an eye toward learning the secrets of sustainable success.

Related: Entrepreneurs: Your Irrational Optimism Is Necessary

But as my entrepreneurial father often said, "Running a successful business is a lot like losing weight; the principles are simple, but the practice is difficult." Here are my four principles for being a successful entrepreneur. I call them mantras because they bear repeating every single day.

Create a masterpiece daily. Since every day as an entrepreneur is a day you invent, make it a masterpiece. No one cared that Michelangelo painted the Sistine Chapel ceiling for four years in such an awkward position it permanently damaged his health. We simply marvel at the result. Likewise, no one cares about the depth of your inbox, the number of cold calls you made or how many meetings you attended. Only concrete results matter; tireless effort is just the stuff you do to get there. Masterpiece creators do not act as if they are passengers on some cruise ship transporting them to retirement. They assume responsibility for their own destiny, never hiding.

Be a joy carrier to those you serve. Successful entrepreneurs are joy carriers bringing a bold spirit to all they influence. They think positively, assume success, and work with a clear vision of what they want to be, not what just what they have to do. Spirit is not inherited, acquired or borrowed. One chooses spirit much like you choose to introduce yourself to a stranger. Those who opt for an upbeat, positive spirit are happier, healthier, and far more successful. Great entrepreneurs are bold and courageous and their spirit is contagious.

Related: Turn Passion Into Profits? Oprah, Seinfeld and Branson Certainly Did.

Assume complete accountability for results. Playing the blame game does not get you a "get out of jail free" card. Clients and customers are never moved by hand-ringing excuses nor made more confident by shifting the focus to the supplier who failed to deliver. Being late signals a lack of commitment, regardless of the reason. Being unprepared telegraphs you don't care about your client or customer, despite the demons you tussled the day before. Winners show up ready to perform and are only interested in efforts that yield a path to achievement.

Be both a doer and marketer. Successful entrepreneurs are both driven and ardent promoters. This means they don't just focus on their product, service or solution -- they also market their work. Ralph Waldo Emerson wrote, "If a man has good corn or wood, or boards, or pigs, to sell, or can make better chairs or knives, crucibles or church organs, than anybody else, you will find a broad hard-beaten road to his house, though it be in the woods." Ralph made no mention of a better mousetrap, and he clearly had no knowledge of the importance of effective promotion. Great works deserve a spotlight -- successful entrepreneurs ensure the focus that enables the marketplace to be influenced.

Being an entrepreneur can extract sweat and tears. It can yield bone-chilling fear and sleepless nights. Following these four mantras can help turn a challenge into adventure and toil into a labor of love. The rewards can extend way beyond a fat bank account or large net worth. They can provide a deep source of pride in making a difference and the sheer joy of creating a masterpiece.

Related: Yes, You Can Be Happy While Pushing Yourself to Success

Chip R. Bell

Keynote Speaker, Author and Customer-Loyalty Consultant

Chip R. Bell is a renowned keynote speaker and the author of several best-selling books including his newest, Sprinkles: Creating Awesome Experiences Through Innovative Service. He can be reached at www.chipbell.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Science & Technology

This AI is the Key to Unlocking Explosive Sales Growth in 2025

Tired of the hustle? Discover a free, hidden AI from Google that helped me double sales and triple leads in a month. Learn how this tool can analyze campaigns and uncover insights most marketers miss.