Unlocking the Entrepreneurial Mindset (part 1) | The Financial Dad

In this episode of The Financial Dad, we discuss the essential traits and skills integral in entrepreneurship. We explore the importance of mental toughness, a clear vision, leadership skills, and time management, emphasizing how these elements contribute to success in entrepreneurial ventures. Our conversation highlights the challenges of rejection in any self-employment journey, the necessity of strong self-belief, and practical strategies for managing time effectively in a freelance or entrepreneurial setting.

Talking Points:
🧠 Every entrepreneur needs a clear vision of their goals.
🧠 Mental toughness is crucial for dealing with rejection.
🧠 Resilience is key to bouncing back from setbacks.
🧠 Self-belief is essential in the face of challenges.
🧠 Time management is a critical skill for entrepreneurs.
🧠 Discipline involves doing tasks even when unmotivated.
🧠 Breaking down goals into smaller tasks aids productivity.
🧠 Energy and chemistry are important in professional interactions.
🧠 Structure in work hours enhances productivity.
🧠 Learning to manage time effectively is a continuous process.

0:00 Intro to Entrepreneurial Personality Traits
2:25 Mental Toughness
4:49 Taking Rejection at Face Value
7:35 Projecting Confidence
15:35 Discipline and Motivation
19:24 Break Goals down into pieces
21:32 ABCD’s of prioritizing tasks
25:21 Separating work tasks and home tasks

Things mentioned in this episode:
The EOS Life: How to Live Your Ideal Entrepreneurial Life by Gino Wickman

The Financial Dad™ is a podcast for creatives, freelancers and entrepreneurs to help young self-employeds figure out their finances in a world built for employees, not entrepreneurs—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.

Hosted by:
Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress)

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