As you travel through your entrepreneurial path, you will often face problems and obstacles. These are important aspects of your journey because they are the ones that teach you the most important lessons in your business and in your life.

Sometimes though, lessons can be learned too late to have any practical value.

There are some philosophies that established entrepreneurs swear by. Here we will talk about 11 of the most important business philosophies for success.

1. Don’t make excuses, make improvements
   Things sometimes don’t out the way you planned it. There will always be problems in your business. However, these shouldn’t impede you but on the other hand improve you. Instead of being sorry and making excuses for failures, improve on these mistakes instead. You might still run into some problems on the way, but you’ll eventually be better for it.
2. Don’t stop when you’re tired, stop when you’re done
   There will come a time in every entrepreneur’s life when they get tired. But it’s this moment when you stop, is that moment when you deny from yourself success. Persistence is a key trait in life. Those who persevere are destined to achieve greater things in life.
3. Honesty is a very expensive gift, do not expect it from cheap people
   As an entrepreneur, you will sometimes need advice and lessons from other people. However, you have to keep in mind, that not all advice is equal. Some people give advice trying their best to not hurt your feelings. This may be comforting but it only brings about a false sense of security. The most useful advice will always be the truth, no matter how painful.
4. Work hard in silence and keep success to yourself
   Don’t mind other people. They are not the ones who will captain your success. Instead, focus on yourself and your work. No need for you to brag make yourself feel better, success will be far more rewarding.
5. Don’t get sidetracked by people who are not on track
   If you want to do well in business, stay away from people whose goals are different from yours. Hang out with people who have your heart and perseverance. They’ll be able to point you to the right direction.
6. Behind every successful person are a lot of unsuccessful years
   People always remember the success not the road it took to get there. Most people think successful people are successful because of their talent. They fail to see that talented people spend years honing their talent before becoming successful. This also applies to business. Most successful entrepreneurs will have gone through years of failures before arriving to the place where they are now.
7. Live in such a way that if someone would speak badly of you, no one would believe it
   There will always be failures and dead-ends. Take care of your reputation so that it will be easier getting back on your feet. Live your life being kind and always helping other people. When other people speak badly of you, protect your reputation so that people won’t believe them.
8. Sometimes when you follow your dreams, it opens the door for others to follow theirs
   Entrepreneurship takes more than one man. It is bigger than that. On your journey, there will always be people who help you out on your dreams. Remember to return the favor.
9. Just because you are struggling does not mean you are failing
   Success always comes after struggle. When you’re struggling, it does not mean that you should stop on what you’re doing. The road to success is never easy. Anything that is worthwhile will never be easy to achieve. The struggle is what makes the triumph so special so keep on struggling.
10. The hardest thing to open is a closed mind
    Don’t waste your time persuading people that have already closed their minds off to new ideas. So instead of being persistent with them – move on. Anything you say will never get through to them quickly enough that it has made the time you spent on it worth it. Your time is much more valuable.
11. If you help people get what they want, you can get what you want
    Entrepreneurship is not a one-man field. It is all about relationships. So if you value your relationships and help out people with their problems as much as you can, they will also help you with your problems. Take care of the bonds you make with people because it is as valuable as gold.

Keep these in mind as you go through your entrepreneurial journey and little will go wrong.