Running a business is not easy things to do. It requires knowledge, experience, human skills and the ability to get things done in a timely manner. The most importantly, your characteristics can decide if you become a great business owner or not. Here are 12 characteristics that are found within all successful entrepreneurs.
#1) Confident
Confidence is a hallmark of the entrepreneur. Many people gain their sense of self-esteem and faith in their ability to meet challenges by acting. Even though when they are lacking the confidence, they can regain the strength and belief in themselves in no time.
#2) Feels a Sense of Ownership
Taking responsibility for getting things done and doing them with care and attention. Which means rather than viewing a problem as someone else’s, the entrepreneur sees it as his or her own and takes pride in finding a solution. The entrepreneur knows that the goal is not to be owned by the enslavement of too much responsibility and teaches other people how to take charge. In that way, the clever entrepreneur uses individual accountability in the ultimate pursuit of profitability, teamwork, and overall success.
#3) Able to Communicate
Entrepreneurs recognize that the most important part of any business is the human element whether in the form of clients, employees, or strategic partners. Entrepreneurs know that they are what makes or breaks a business, thus communication has to be done efficiently and it is the key to successful relationships with people. The entrepreneur develops a keen ability to listen and hear what others are trying to say because the best communicators got that way by first being the best listeners.
#4) Passionate about Learning
Entrepreneurs are often “autodidactic” learners, which means that much of what they know they learned not in a formal classroom setting but instead they learn on their own by seeking out information, asking questions, and doing the personal reading and research. They also are quick to learn from their own mistakes, which means they are less prone to keep repeating them due to arrogance, ego, or a blindness to one’s own faults, shortcomings, or errors in judgment. To teach is to learn.
#5) Team Player
Those who go into business for themselves but do not utilize teamwork wind up without the team but still have all the work to get done. They shoulder the whole burden for themselves and wind up just trading their old job for a new and more demanding one – in an attempt to be self-employed. But the new venture carries greater personal and financial risks. On the other hand, team players know how to succeed by employing the physics of interpersonal synergy and dynamic relationships.
#6) System-Oriented
Like mathematical formulas, good systems allow us to reproduce great results every time – with less and less exertion of energy or resources. Entrepreneurs rely upon systems before they rely on people, and they look for system based solutions before searching for human resource solutions. If the person gets the job done but falls sick or leaves, the job is threatened. But if a system is created to get the job done, anyone can step in and follow the blueprint to get the desired result. Similarly, when troubleshooting and problem solving, the entrepreneur will first examine and study the system – because a flaw in the system will produce a flawed outcome each and every time. Designing, implementing, and perfecting systems are one of the most useful and rewarding skills of an entrepreneur.
#7) Dedicated
Entrepreneurs dedicate themselves to the fulfillment of their plans, visions, and dreams. One of the biggest reasons that companies fail is because they lose focus. Target a goal, clarify the objective, refine the brand, and narrow the margin of error. Regardless of what the effort might involve, an entrepreneur brings a single-minded dedication to the task by being committed to a positive outcome and ready and willing to do the needful. No matter what that might mean in terms of rising to meet a challenge or acting above and beyond the call of duty, the entrepreneur shows steadfast dedication.
#8) Grateful
Being grateful for what we have opens us up to receive more because those who are grateful appreciate what they are given. They respect it and nurture it. They do their best to make it grow instead of allowing it to dwindle away due to neglect. Entrepreneurs learn to take nothing for granted in this world. That gives them the agility and flexibility to adapt to changes and demands, while it also invests in them a thankfulness that reminds them that riches and wealth are not about “stuff”, but are about fulfillment, satisfaction, and the pleasure that comes from one’s accomplishments and contributions.
#9) Optimistic
A positive outlook is essential for the entrepreneur, who learns to see setbacks as bargain priced tuition for the valuable business lessons gained through firsthand experience. Past shortcomings, failures, or disappointments are relegated to the past so that they cannot continue to haunt the present or obstruct the future. And when things go right and business prospers, this further fuels the optimism and positive mindset of an entrepreneur, helping to give impetus and momentum for greater accomplishments and increased hopefulness.
#10) A Leader by Example
Entrepreneurs not only lead themselves through self-motivation as self-starters who jump into tasks with
enthusiasm, but they are also skilled at leading others. They know the importance of teamwork, and they understand the need to appreciate others, support them, and reward them accordingly. True leaders do not become indispensable, otherwise, things fall apart in their absence and they can never rise to the highest level of entrepreneurial freedom and prosperity. Leaders who share their power and their time can accomplish extraordinary things.
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