Since birth, 918 New Zealanders (now in their 40s) have been the source of data for a research project looking at the relationship between genetic profiles and success, cleverly dubbed the “success gene theory.” Ongoing research has shown a small relationship between genetic makeup and a person’s likelihood to have more prestigious occupations, higher incomes, better wealth management, and higher social mobility.
However, research indicates that the relationship only accounts for a few percentage points in variation and that there are many other factors that determine one’s success. While genetics might play a role in setting people up to succeed, it’s clear that there are many other, controllable factors that can lead you down the path of success.
Many of these factors are dictated by your personal and professional habits. Below are five habits of highly effective entrepreneurs that you should consider following in order to increase your chances of success.
OBSESS OVER EFFICIENCY
To be a successful entrepreneur, you’ll need to wear a ton of hats. You may have to handle accounting, marketing, manufacturing, sales, and any other number of business processes. This holistic view of your company can help you find inefficiencies. Great entrepreneurs are always looking for ways to streamline or improve inefficiencies in product and process.
This story was submitted by Derek Miller on Biznology and does not constitute the views or opinions of Upwork.
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