19 Things You Can Learn From a 30-Year-Old Multimillionaire

Entrepreneurs have to be made of tough stuff—stubborn, visionary, and a little bit crazy—so it makes sense to gauge whether you are entrepreneur material before you get started.  

Allis is right on the money when he indicates that problems are what entrepreneurs need to apply themselves to. 

A "pain point" is the market need that your product or service addresses. When you talk about your business, think about what problem it solves. 

Entrepreneurs face many challenges—some externals and some internal. Overcoming setbacks is all about understanding what you're up against and crafting a plan to get through it. Furthermore, an ability to deal with setbacks is what really makes you an entrepreneur.

If you want to start a business, you'd better be driven by passion—otherwise, you're in for a long, long slog without a lot of visible rewards. 

Many entrepreneurs find that the road to business success is much longer than they anticipated. So make sure, before you set out, that you have hold of an idea that will really help you go the distance. 

Allis makes a great point when he tells us to align problem with a deeper sense of purpose—​it's just a way to make sure that your commitment to succeed will be all the stronger. 

These are the growth areas for entrepreneurs. 

The authentic leader needs to align his personal goals and professional ones to really inspire. 

Planning pays off—so why not start that business plan today? 

 Great products should connect with some fundamental human need. 

"Design thinking" is a protocol that many startups use to make important decisions and successfully navigate change.

If you wait as long as possible before raising outside capital, you will ultimately control more of your business. 

It's also a good idea to build your business by hand, at least at the beginning. 

Allis favors the "Lean Startup" idea of "minimum viable product."

When it comes to marketing, keep it simple and stay on message. 

Let's face it—failure is a part of building your business.

Systems will save your hide if you know how to implement them. 

Want to get more done? Create your own productivity system.

Surround yourself with great people and your business will grow.

Starting a business takes real risks—so don't be afraid to take them.