The 8 Habits of Hypergrowth Entrepreneurs

I’m the author of Double Your Business from Financial TImes Publishing, and my clients typically grow sales by 40% or more per year.

The fastest grow by 100% or more — but what makes them so special?

These 8 hypergrowth habits — I see them in every single one.

🧵👇

Before we get going — know that these people:

• Are no smarter
• Don’t work longer hours
• Are not luckier
• Don’t start off richer

Than anybody else. It’s their habits that are different. Which means you can do it, too.👇

Habit #1: Focus like you’re on a mission.

Have a goal and ignore distractions.

Here’s how

• Make your goal your mission
• Stick to the plan
• No other businesses or projects on the way
• Don’t deviate when things get tough — get help

Habit #2: Implement Fast

They always get done what they agree to get done.

Do the same…

• Get organised and be highly productive
• Carve out time to drive things forwards
• Make growth your #1 personal priority

Habit #3: Set High Standards

They set the bar high for their service.

Do the same…

• Write down your standards
• Treat them as red lines
• Never cross a red line yourself — that’s leadership
• Don’t let your staff cross the red lines

Habit #4: Consistency — No Excuses

Even on bad days, they turn up and do the work.

Do the same…

• Never “I don’t feel like it today”
• No more “I can’t be bothered”
• Imagine you’re an athlete training for the Olympics
• Show up for your business every day
• Commit

Habit #5: Resilience

They don’t take problems personally. They get up from the knocks and carry on.

Do the same when things go wrong…

• Take a few slow, deep breaths
• Accept what has happened
• Focus on what you can or must do
• Get on with it

Habit #6: Calm In A Crisis

Whether it’s the pandemic or losing half your sales, hypergrowth business owners stay calm no matter what.

To do the same:

• Develop your resilience
• Have a disaster plan in mind
• Be a rock for your staff
• Take decisive action

Habit #7: Feed Your Brain

The fastest growth business owners don’t watch the news, they can’t influence it and it just drags you down.

Feed your mind instead

• Books
• Audiobooks
• Podcasts
• Positive hobbies

Habit #8: Make Decisions Rationally

Knowledge and logic make good decisions.

Here’s how…

• Measure what matters
• Learn from experts
• Analyse data to diagnose underlying problems
• Make decisions based on knowledge
• ignore ‘tips’ from well-meaning friends

Extreme success can be boiled down to one sentence, really…

Extraordinary results are produced when you do ordinary things with extraordinary consistency.

It’s not difficult to do it for a day. But how about for a year, or 5 years?

TL;DR — 8 habits that will help you to have a stronger business, be a more confident entrepreneur and double your business in 12 months…

• Mission Focus

• Implement Faster

• High Standards

• No Excuses

• Resilience

• Calm in Crisis

• Feed your Brain

• Rational Decisions

If you found this thread valuable:

1. Toss me a follow for more threads on small business hypergrowth → @Lee_Duncan

2. Here’s another similar thread you might enjoy: https://twitter.com/lee_duncan/status/1522096735170043908?s=21&t=Al4deDoNhVr8hwblfw3Jmw