Top 4 Traits
of Successful Entrepreneurs
Do you think you have what it takes
to be an entrepreneur? Becoming an entrepreneur takes a specific type of
personality. Fortunately, it’s the type of personality you can develop by
working on yourself, growing, and learning how to express these traits.
Focus on the four top traits below and you’ll find yourself ahead of the pack.
An
entrepreneur is a problem solver
An
entrepreneur looks at a problem and knows it’s an opportunity. That’s not
a cliché talking. A problem is literally an
opportunity to get paid if you can be the one to solve it. Successful
entrepreneurs make their name identifying problems without solutions, and
providing those solutions. Every good product solves some sort of
problem. Even video games solve a problem—they provide a way for people
to unwind after a stressful day and fulfill a fantasy.
If
you want to be a successful entrepreneur, your natural response to any given
problem should always be to ask yourself how you can solve
that problem. Not who is to blame, not how that problem came to be—just
how the problem can be solved. Problem-solving becomes a habit. As
you become alert to problems with no solutions, you become alert to new ways to
create, grow, develop, and innovate new products. If you can marry this
alertness to calculated action you will develop the instincts that you need to
be an outstanding entrepreneur.
An
entrepreneur takes calculated risks
Risk-adverse people don’t make very
good entrepreneurs—but neither do extremely reckless people who leap first and
look later. Real entrepreneurs evaluate their potential risks. They
also know how to minimize the risks they need to take through hard work,
dedication, and strategic planning.
When a risk goes bad an entrepreneur
doesn’t waste a lot of time looking for someone to blame. Instead a true
entrepreneur analyzes what went wrong, learns from it, and moves on.
An
entrepreneur is self-motivated
This is about more than simply being
your own boss. This is about more than simply being able to get up in the
morning and get to work. An entrepreneur is always capable of seeing a
tomorrow that’s just a little bit better than today. He’s not satisfied
to just sit on his laurels and enjoy the fruits of his success. He’s
constantly looking forward—creating plausible plans to create more
opportunities and find his next point of success. An entrepreneur is also
willing to push himself. Last year’s success was fine, but this year’s
success should reflect his growth. He’s always coming up with some new project
and looking for ways to make that project succeed.
An
entrepreneur is confident
There’s not much room in the business world for
self-doubt. Fear can make you back away from projects that could be the
key to your ultimate success. Furthermore, the entrepreneur has to be in
the business of convincing other people that
his ideas are good. Partners, investors, financing, creative
structuring—it all depends on the entrepreneur’s ability to convince other
people that they’re making a good bet when they team up with him. If the
entrepreneur isn’t sure about himself, how can anyone else be sure of him?
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