Taking Calculated Risks
Taking risks is part of being an entrepreneur challenging the status quo. When we think about risks we normally think about failure, getting scared and want to get the hell out of there. Moving ahead and taking calculated risks will actually prevent us from falling into the stagnation trap and will for that reason be very important for our reputation.
Persistence is also crucial for entrepreneurs and we are often told that winners never quit. Seth Godin called this a myth in his blog saying that winners quit all the time. They quit the right things at the right time.
This is also the reason why you should be in a permanent Beta Mode, constantly updating your expertise and what you want to accomplish – expanding your reputation.