My buddy Neil Patel ordered a review for post he made call 10 Reasons You Are Not A Successful Entrepreneur. The post is well worth a read for anyone considering going into business for themselves. For those who don’t know, I profiled Neil a while back in a profile of success post.
At only 21 years old, Neil is one of the most successful entrepreneurs I’ve ever met. Neil is the CTO of Advantage Consulting Services, a company that he co-founded in 2003. ACS works with 22 of the other Top 100 Technorati blogs and made $2.5 million last year. Neil is also the co-founder of Crazy Egg, one of the best visual visitor tracking tools on the Net.
In his post, Neil goes over the top 10 reason why you’re not a successful entrepreneur and many of them resonated with me. I especially related to the number one point; you don’t know how to manage money. Whenever I’ve come across unsuccessful people, a common trait is none of them knows how to manage their money. And that’s really too bad because good money management can be learned. You don’t need to be born with it.
Two other points I strongly agree with is, “You don’t network with others” and “You aren’t aggressive enough.” Very few people are successful all by themselves. Networking and relationship is extremely important if you want to succeed in this world. While some people are put off by aggressiveness, you have to be aggressive to get what you want.
Anyways, I don’t want to end up stealing Neil’s entire post, so just head on over there and check it out for yourself. You’ll be glad you did.