Mindset vs. Skill Set: Why You Need Both to Succeed As An Online Entrepreneur

Mindset vs. Skill Set… that’s the question.  And which is more important to your success as an online entrepreneur?  But before we even dive into this topic, you’ve got to change that question to a statement faithful reader.

It’s the vital balance of mindset AND skill set that provides you the ultimate one two punch to maintain your progress and generate life changing profits.

Are you ready to begin mastering both?  Keep reading.

Understanding the Concept

Having the right mindset as an online entrepreneur plays a vital role in the success of your online business. Your mindset affects your attitude and behavior in general, impacting your entire life.  

It affects your relationships with people, the way you run your business and perception towards challenges.

It can provide that inner drive, that resilience you need to pull through, your ability to forge ahead even in the face of setbacks and difficult situations. These qualities can be developed through proper conditioning of the mind and feeding it with the inspiring and motivational fuel that it requires.

Entrepreneurship deals with how we conceive, plan and execute the plans in order to achieve a certain goal or purpose. It all begins in the mind.  And becoming successful as an online entrepreneur would be far-fetched for people who do not keep a focus on strengthening their mindset as a foundation.

Invest in Yourself

Developing the right entrepreneurial mindset certainly comes at a price. I mean, everything worthwhile comes at a price. There’s usually a price to pay in order to get the desired result or achieve a vision or goal.

In this case, you must pay the price to refine your thinking and improve your mindset by investing in relevant materials like books, listening to audios, going to seminars and workshops, etc. to gain the knowledge you’ll need to succeed as an entrepreneur.

A successful online entrepreneur always invest their time and money on self development and improvement, because they understand the kind of impact it has on their business and life in general.

Why You Need Skill

Any online entrepreneur that has developed the right mindset knows how important skill is to business growth and success. The skill is what ensures the concepts and ideas you have are actually put into action. Without the right skill set to drive your business ideas and execute the plans, you’ll become quite inefficient and unreliable.

It starts with getting the right mindset, then developing the needed skill set to help you succeed in business and every other area of your life.

Having the right skill set can potentially set you apart from the crowd.  People love great ideas, but these ideas wouldn’t be appreciated if they’re not implemented with precision. The right skill set helps you actualize your dreams in the best way possible.

Excellence is a must for an entrepreneur; you have to strive to become the best in your own industry. Becoming the best requires both having the right mindset and investing in relevant training and skill acquisition programs.

You must develop the needed skill sets that your customers and clients will gladly pay you for… that’s how you start making the big bucks.  Combine your focused, empowering mindset with high demand skill sets and you’re on your way to the top!

Mindset Carries You Through The Storm

It’s important to understand a situation or problem in order to relate better or offer solutions. We’ve been able to establish the fact that your success or failure as an entrepreneur has to do with your mindset first. You have not truly failed until you have failed to try again, that’s true resilience.

Never backing down or giving up in your quest to achieving a purpose or realizing your dreams is very important to your ability to create long term success.

History has it that those who were successful at something, whether it be in making a new invention or building a business, failed at some point. Some of them even failed up to a thousand times, what do you think kept them going?

It was their mindset, and that’s why you need to invest in both your mind and in the relevant skill.

Skill Set Is Your Portal To Profits

As an entrepreneur, your expected to be a leader, acquiring the leadership skills needed to motivate and lead your customers to take action on their goals. You must have the skill set that inspires them to follow through on solving their problem with your solution.  

People management and customer relations are also important skills to acquire if you intend to retain your existing customers and get new ones. Reading books and investing in training, mentorship programs, etc are vital because they don’t just refine your thinking, but is also a way of acquiring some needed skill set as well.

It’s not enough to have great ideas or develop wonderful products, if people don’t know about what you’re selling or the services you offer, it wouldn’t make a lot of difference. Acquiring digital marketing skills would go along way in driving your online business to where you want it to be.

Whether it be mastering copywriting, becoming a better closer, paid advertising methods or how to shoot highly engaging live videos… your skill sets will drive up your status in the marketplace.  Higher your skill sets, the higher the pay off.

The Balance That Breaks You Free

So as you can see, building your online business success isn’t a one or the other type situation.  

With only a strong mindset and no skills, you’ll never have the ability to create your value in the marketplace.  

With only skill sets and no mindset to back it up, any challenge will leave you sinking in a constant pit of failure like quicksand.

In other words, having both the right mindset and acquiring the needed skills are the balance you need in order to succeed with your online business.  Go get relevant books, attend seminars and training or invest in mentors to equip yourself and position you for success in your online business.

Hope you found this helpful and thanks for reading!


Jason is a key member of the marketing team here at AWOL.  He brings a wide range of skills sets to the table such as copywriting, content and email marketing.  When he’s not helping to crank out the latest marketing campaigns, he is addicted to spreading an attitude of gratitude through inspirational speaking, collecting fedoras and anything Bruce Lee… Waka!



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