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10 Success Secrets for Young Entrepreneurs

10 Success Secrets for Young Entrepreneurs

I am very fortunate to have a job in an industry I am passionate about. I was asked recently to write an article called “Success Secrets” for a newsletter associated with an organization I am involved in. I was extremely flattered that one of my mentors suggested me to author a book for the young achievers of today who want to break the trap and start with a business startup.

As I sat down to write the article I thought, what constitutes success? The definition of success is the favourable or prosperous termination of attempts or endeavours and the accomplishment of one’s goals. That being said, I still feel like I am work in progress on the parameters of being “successful,” however, here are some of the things I am doing now to help me get to where I want to be in the future.

Here are my “10 Success Secrets for Young Entrepreneurs”

#1: Time Management– I am the type of person that likes to stay busy. In college I was involved in many different clubs and organizations – I held leadership roles in most of them, I played college tennis, I graduated with Magna Cum Lade honours, and I had a social life. I was often asked “how are you able to do it all?”, and my answer always was, and still is, “time management”. As a student, I would write down my schedule, or to-do list, and include club meetings, study time, team practice, class, going out to dinner and assign a time to each task. I continue to do this in my professional life and it has significantly helped me maximize my time and get the most out of my days.

#2: Follow Through– If you say you are going to do something, do it! When you are given a task or make a commitment, always follow through and do so in a timely manner. This means complete tasks early, return e-mails and calls within a day, and stay in touch with people on a regular basis. Life moves at such as fast pace and I find myself getting caught up in it all the time, but if you are a compulsive planner (like me) schedule times each week to call friends, co-workers, family, etc. This will strengthen all of your relationships (business and personal).

#3: Build your “Brand” YOU are your brand, so it is important to figure out ways to promote yourself. Be a constant professional in your day-to-day life and online. I love social media and I now use it as a tool to build “my brand.” When an employer “Googles” my name he/she will see my professional blog, my Linkedin profile, my professional YouTube channel, and my Facebook page. I want all of these social networks to be a positive reflection of who I am. YouTube, blogs, etc can be used as a catalyst for growing your career. For example, start a YouTube channel where you do a “tennis tip of the week” and send it to potential employers.

#4: Details, details, details! My first employer preached “details, details, details!” He understood that the ultimate goal could not be obtained without doing small tasks correctly and efficiently. I tell myself this when I am writing e-mails or letters, I re-read every e-mail at least twice to make sure I do not make any typos. Typos and grammar can reflect negatively on you so always take a little extra time to re-read your correspondence and/or anything else you write.

#5: Find a Mentor (listen and observe) – I am extremely fortunate to have a great group of mentors. I have wonderful parents who have taught me honesty, integrity, morals/values, and the importance of work ethic. I have the privilege of working with USPTA Southern Board Members and Southern Division Presidents – all people I look up to tremendously. Last, but not least, I am fortunate enough to work with Tom Daglis. I work with Tom on a daily basis and I see how much he loves tennis, cares about all of his students, and genuinely wants the people around him to succeed. Tom has done so much for me; he has connected me with the USPTA, he has shown me how to handle difficult professional situations, and has been someone I strive to be more like. I wouldn’t be where I am today without all of these great mentors.

#6: Help Others– We are all looking for people to help us in our journey, but in my opinion, it is just as important to “give back” and help others. I feel like most of us have chosen a career in tennis because we enjoy giving back and helping people have fun, find confidence, and grow through the game of tennis. Do your best to volunteer, mentor, network, and most importantly – treat everyone the way you would like to be treated. It is a great feeling to watch my students grow and mature each year and land great jobs upon graduation.

#7: Work Hard-ER– “If you’re not practising, somebody else is, somewhere, and he or she will be ready to take your job and your customers.” Keep yourself motivated, educated, and innovative. Always try to outwork the competition.

#8: Don’t get complacent – Keep setting new goals! Each year I make a list of goals I would like to achieve that year. I like to put my goals into my smartphone so I can refer back to them on a regular basis. If you are not a smartphone person, people also make “goal boards” and put them in their office or home. Either way, it helps to look at your goals on a regular basis so you can aim to achieve them all. My goals motivate me to work hard and go after what I want.

#9: Glass “Half-Full” – A positive attitude is everything. People are attracted to positive people and enjoy being around them. Always look for the silver lining in a difficult situation. Find at least one good thing each day to be thankful for. Trust me, when you think about it, everyone has so much to be thankful for.

#10: Establish “Who You Are” – On a day-to-day basis I have learned that people face ethical dilemmas in the workplace and in life. I have found it increasingly important to have a strong sense of “who I am” and “what I stand for.” Having a strong understanding of one’s self can be developed through an understanding of ethics, morals, religion, experience, and company codes of ethics and rules.

Interested in knowing more in getting success in starting off on your own and discovering the entrepreneur within yourself. Join in the next session happening near you. Click here to know more.

Credits: This article (edited for clarity and brevity) was first published on LinkedIn by Kaitlin Flaherty, Assistant Director of the Professional Tennis Management (PTM) Program @ Methodist University.

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