What does it take to be a successful entrepreneur? It’s likely the question successful business people get asked most often. And as everyone is different, it is not an easy one to answer. It is true however that there are certain key personality traits that appear in almost every entrepreneur, regardless of their background or specialty. Want to know more? See if you share any of these important characteristics.
Entrepreneurs need to be prepared to get knocked down again and again, and capable of building themselves up with renewed strength. It takes a great deal of resilience to withstand negativity and to stay focused on your ultimate goals no matter what challenges you face along the way.
You don’t find many – if any – successful entrepreneurs with a take-it-or-leave-it attitude to their business or their ideas. Instead, entrepreneurs are driven by a genuine passion for their projector for the very idea of becoming an entrepreneur. You need to be passionate about something beyond the desire to make money, and driven by a sincere belief in yourself and the value of your business idea.
Your first business plan is not set in stone. Two years down the line,you’re unlikely to be working to the same vision as you when you started out. You need to remain flexible and to develop solutions whenever something is not going to plan. Sticking rigidly to a schedule or plan even when it isn’t working will not lead you to success.
In order to get ideas off the ground, you need to take action. And in order to act, you must be decisive. There will come a moment when you need to act, even when you do not have a cast-iron guarantee that something will work. Being decisive and knowing when to move is an essential quality in an entrepreneur.
- See the Big & Small Picture
Successful entrepreneurs can see the bigger picture, and yet also focus on the smaller goals that need to be met in order to achieve it. Being able to manage both views helps make their business dreams a reality.
- Sales Skills
An entrepreneur is always selling his or her idea and the business. You don’t need to be an extrovert, but you should have the skills and the personality to engage people and sell the things that matter to you. And that’s not just products and services – it’s also about selling the idea of the business to future employees, or getting finance from investors and other organisations.
You need to be comfortable with taking risks. That doesn’t mean you should blindly enter into situations that could be detrimental to the business, or seek out the risk for the thrill. It means you need to be comfortable with insecurity, and able to deal with setbacks in a confident manner.