Becoming a successful entrepreneur takes more than a great idea and important connections (although both do help). Making the shift from the steady life of a full-time employee to the unpredictable world of entrepreneurship requires a shift in mindset that many overlook. In fact, some of the work habits you so carefully honed as a good employee don’t necessarily translate well into the world of an entrepreneur.
According to the Small Business Administration, only half of new businesses will survive to see their fifth year. Making that mental switch from employee to entrepreneur can help you avoid being one of those businesses that doesn’t make it. Here are seven tips for thriving while adjusting to life as an entrepreneur: