Seven Habits Of Highly Successful Business Owners


Whether you know it or not, our daily habits work together to become the very framework that structures our lives. These come to determine how successful we are and how well we perform at tasks. For business owners on their quest to get to the top, certain habits prove more beneficial than others. Whilst an Event Management course will help you embrace the eventing world with newfound knowledge, you’ll still need a few of these skills if you’re going to start your own eventing business.

Think you’ve got what it takes to take on the eventing space? Keep reading, we’ve got a few key insights that could help you.

Have a vision

Some of the most successful business owners are the ones who spend time crafting their vision. By keeping your goals and vision in mind, you’ll never lose sight of how you’ll be able to reach them. Whether it’s through studying an Event Management course or brainstorming how you’re going to define and capture your target market, you need a vision to guide you. Without it, you’ll just be on a road trip where you keep getting lost because you don’t have your GPS. Sometimes, having a vision means daring to dream big or being brave enough to go against the norm. Every business starts with a great idea, so get thinking! Be warned that your vision can sometimes change and that’s okay. Often, your big idea will evolve as you go. Be open to the process and keep at it. Remember that there’s seldom a “once-off” approach to honing your vision. It’s something great entrepreneurs never stop working on.

Wake up and get going

Many of the world’s greatest entrepreneurs will tell you that they get up early in the morning and start the day with some kind of exercise. This gets the endorphins going and kick-starts your brain for the day ahead. By rising earlier, you can ensure that you get more done and don’t make: “I don’t have time” a regular excuse. It’s a small habit in the grander scheme of things but it’s one that makes a tangible difference where scheduling is involved (more on that below). If you wake up a little earlier, you can also make sure that there’s more time to collaborate with your team before the day runs away with you.

Sleep for success

Sure, this probably seems amusing considering the point above, but successful business minds never ignore the importance of a good night’s rest. When you consider what it takes to run a business and juggle all the different components, you need to be mentally sharp at all times. This is easier to do when you’re not lacking sleep. As much as we can fight it and push through our tiredness, we need sleep. There’s also a medically verified link between stress and sleep. In we’re not sleeping enough, we’re more inclined to feel the effects of stress. For those trying to build a career, stress spells fatigue, burnout and a loss of productivity. This is something that’s often hard to make up for. Every person is different and we all need different amounts of rest. You know what works for your routine, so be sure to get enough zzzs.

It’s all about your schedule

There’s a fine line between “work busy” and “admin busy”. Believe it or not, they’re not the same thing. To ensure that you maximise your productivity each day, you need to refine that to-do list. Sure, a task list alone is a great way to stick to your schedule but we suggest that you go one step further and divide it into urgent and non-urgent columns. This will help you tick off the more urgent stuff so that you’re not overwhelmed trying to get everything done because you’ve overlooked the time-sensitive stuff. Trust us, it works. And you don’t even have to be a business owner to implement this either! For university students it does the trick, too.

Be flexible!

There’s a saying that goes, “be stubborn about your goals but flexible about your methods”. This is one we most definitely believe in. It’s important to remember that there is more than one way to achieve a specific outcome. As a result, those looking to start their own businesses must consider modified alternatives to a failed “plan A” instead of giving up. Circumstances can change in every industry, at the drop of a hat, based on a variety of factors. Sometimes, it’s completely beyond your control. Yes, it’s tempting to throw in the towel, but some of the world’s most influential entrepreneurs failed dismally several times before they made it big. Just ask Sir Richard Branson, he’ll vouch for this one.

Simplicity is bliss

A secret tool for success is often simplicity. This is because, as human beings, we tend to overthink things. Sometimes, the simplest of things can provide the most powerful solutions. These simple ideas are the key to maximising productivity, eliminating stress and ensuring quality. One of the best reasons to keep things simple is to prevent an unrealistic workload. Keeping it simple means saying no to things that are going to complicate your life and cause unnecessary strain. When you take on too much, you start to spread yourself too thin. This means you can’t do everything to the best of your abilities. To stay effective and efficient, you need to commit to saying “NO.” It might be hard at first, but you’ll thank yourself for it when you can provide fantastic services to your clients that keep them coming back. The same can be said for your student life. If you take on too much, your results could suffer, and you might not enjoy your university years as much as you should. These are some of the best years of your life, so why not make the most of them?

Your future is the main event

At Varsity College, an educational brand of The Independent Institute of Education (The IIE), we know that standing out is what gets you to the top. It’s why our students can choose from a range of IIE programmes geared towards their dream careers. From respected IIE qualifications to world-class facilities and unparalleled academic support, your future could be bright. It all depends on the choices you make today. For more on the IIE Higher Certificate in Event Management, please click here.