them the strength to endure the many hardships of entrepreneurship. NO. 3 Embrace Self-Care Being a real estate entrepreneur is a stressful endeavor. The potential isolation and constant uncertainty can be emotionally draining. Intellectually, you will be faced with solving problems most people will never encounter. Physically, you will sometimes spend sleepless nights working on your venture. It is of utmost importance that you take care of yourself and embrace a healthy lifestyle. Exercise, meditation, and good eating habits are a good start. If you do not pay much attention to your physical body, over time you will notice you are not as sharp as you need to be for your partners—or for yourself. Commit to never missing a workout or meditation session. NO. 4 Use the Internet One of the greatest advantages entrepreneurs in the modern era have is the internet. You can research pretty much anything, as long as you have a working phone and a stable connection. Legal documentation, advice, even employees/virtual assistants—you can find those resources and more online. So take advantage of that tool to help set yourself up for success. Are you a proptech entrepreneur? Having a product to sell is only the beginning. You must also have a clear idea about who you want to sell your product to. Defining your market clearly will not only allow you to properly angle your brand and marketing campaigns but also help you refine your product. If you are having trouble defining your market, NO. 5 Sort Out Your Market
consider the kind of person who would find your offering valuable and work from there. NO. 6 Find a Trustworthy Mentor When you are in uncharted waters, one of the best moves you can make is to find a guide. The good news is that entrepreneurship is an ancient tradition, so finding the right mentor is possible. You want someone who not only knows the industry you are in but also holds values similar to yours. That way, their advice will always be relevant and useful. If you are having trouble finding a mentor, reach out to your network. Eventually you will find someone who will hit all the right notes. NO. 7 Know When to Quit Most startups fail before their first year. If yours fails, that’s OK. That is just how it goes. Sometimes, no amount of skill or knowledge will help. Luck does play a role; sometimes you cannot fight fate. The mistake is insisting on pushing through, despite there being no logical reason to stay in the game. You can always find another opportunity or another deal. You cannot get wasted hours back. Although these are far from the only tips you will need, they should get you off to a good start. Your search for knowledge will serve you well, because a big part of being a successful entrepreneur is constant improvement. If you never stop learn - ing, you will always have a chance to make your dreams come true. •
Focus on yourself. Keep your eyes on the big picture, and work on one project at a time. One of the biggest challenges many entrepreneurs have is constantly chasing new ideas and strategies. Focus on one thing at a time until you master it, and then move on to the next. It sounds simple, but it’s not.
NO. 2 Follow Your Heart
It is difficult to work on a company or project you feel no love for. That is why many people choose to become an entrepreneur. They get to follow their passions. It is passion that allows them to enjoy what they are doing, and it is passion that gives
Abhi Golhar is a real estate investor, entrepreneur, a three-time nationally syndicated radio show host on the Wall Street Business Radio Network, and media figure, whose experience encompasses print, podcasting, radio, and television appearances.
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