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How do you know you have made it as an Entrepreneur

 
By : Rupesh Maheshwari on 28 June 2017 E-mail Comments     Print Print  Report Abuse
 



How do you know you have made it as an Entrepreneur

 

What major milestones mark your business as a success?

Other people call you crazy. But you call yourself an entrepreneur.

But how do you know when you’ve finally done it, climbed to the peak? What does entrepreneurial success look like?

Here are 10 signs you’ve made it as an entrepreneur:

1. When You’re Able to Quit Your Day Job

 

I started my business over a period of five years during which I was also employed at an established organization. When I realized that I could earn a good living without that “day job” contributing to my paycheck, it was a major coup. My business may not make millions, but if it allows me to support my family doing what I love, it has succeeded.

—Alexandra Levit, Inspiration at Work

2. When Someone You Don’t Know Has Heard of It

The first time I met someone and told her the name of my site and she said, “Oh wow, I know Bluegala,” I knew we were a success.

—Josh Weiss, Bluegala

3. When You Have a Tribe

I knew we had hit onto something big when my students (our clients) began to do our work for us. They were posting, sharing and answering questions from other readers for us. I realized we had a tribe of like-minded people who would do anything to grow together. It made me realize that success is about more than just being a business; it is about creating a worldwide team.

—Vanessa Van Edwards, Science of People

4. When People Start Taking You Seriously

When those around me ceased asking me when I was going to get a day job and began to take my entrepreneurial endeavor seriously, I finally realized that I had reached an important milestone. What I had initially envisioned as a concept had translated outside of the boundaries of my mind into everyday life.

—Steven Le Vine, grapevine pr

5. When You Make Your First Million

There was just something about hitting that magic number. I was speechless, emotional and fired up for more.

—Vinny Antonio, Victory Marketing Agency

6. When Influential Media Begins Covering It

When you see yourself and your business mentioned on popular websites and in mainstream media, it hits you that you are now on the public’s radar and you have achieved something. At that point, people I knew from various places would tell me that they read about me and were aware of my business. This is when I realized that brand recognition for my company was starting to take hold.

—Shawn Porat, Fortune Cookie Advertising

7. When You Get Your First Acquisition Offer

To me my business was never good enough. The number of customers or revenue was never where it should be. I wanted more growth. I wanted to impact more lives. And it’s not until someone else tells you how much you’re worth that you realize what you have on your hands. Placing a value on something you’ve created changes everything. It puts all of your hard work into a completely new perspective.

—Logan Lenz, Endagon

8. The First Time You Say No to a Lead

Having the ability to say no to a client/project/lead is when I knew we were in a good place. It’s a nice freedom to have but a hard one to earn. Being in a place where you don’t have to take everything coming your way is big. You’ll know it when you get there.

—Chuck Reynolds, Levers

9. When People Are Coming to You

When you first start a company, you’re going out to drum up business. All of the sales coming in are most likely generated from your direct efforts. I first felt like we were doing something right when we had people reaching out to us asking if we would take them on as clients, without us having done any outreach.

—Kelsey Meyer, Influence & Co.

10. When You See the Difference Your Services Make

Working inside the business can prevent you from stopping and celebrating the wins. But I couldn’t help butreflect when I heard the CEO of a $750 million company cried when he watched a video we created about the founding of his brand. We knew we had a gift for telling stories through presentations and video but never imagined that great of an impact.

—Kenny Nguyen, Big Fish Presentations

 

 

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