Traits of Entrepreneur

| Tuesday, April 23, 2013
By Lori Buenavista


Anybody can begin a company, but only few are prosperous entrepreneurs. How could you tell if you've got what it needs to be successful? You probably have most of these 10 characteristics.

Passion

Flourishing business owners have passion with regards to their organizations and their clients. They've got a natural drive to work hard and an eagerness for their services or products that truly shines. Passion and eagerness are infectious-when you tell other people regarding your business, they'll get excited, too.

Adaptability

Business people must move gears regularly in their careers. One particular technique might work for each week, a month, or even years, but at some point a new method comes along. The ability to adapt and modify the way you can do things is necessary to business success.

Energy

Starting and operating a business is hard work, requiring long days, long nights and long weekends. You'll need to have both mental and physical energy to make your company run smoothly.

Desire to learn

New business owners need to wear many caps, which implies learning a lot of things they don't already know. Whether learning basic .html skills while working on a website, or learning how to do basic data processing, you'll need to have the desire to discover a new challenge.

Charisma

Business owners realize how to network and build connections. It helps to be friendly and amiable. When it comes time to seek out an investor, or get a small company loan, a small amount of charisma goes some distance.

Tolerant of risk

Commencing a business is definitely risky; you could be quitting a comfortable job or investing your personal money in a venture that could easily fail. If things go awry, you won't take a steady salary to pay your expenses. As an owner, you'll need to accept a specific amount of risk if you want to get any sleep in the evening.

Skilled at problem solving

Entrepreneurs are continually facing obstacles in their businesses. Some issues may seem insurmountable to regular people-entrepreneurs are good at finding solutions to the most challenging troubles.

Determination

There's a point in every new venture when things look bleak or the small business seems destined to fail. Prosperous entrepreneurs have the will and determination to keep going, even if times are tough. The capability to weather almost any storm means that you're very likely to come out ahead in the long run.

Decisiveness

When it's a chance to make a tough decision, you're the go-to person in the company. The ability to look at all your alternatives and behave decisively when the pressure is on is important to your company success.

Self-motivated

Business owners don't sit around and wait for others to tell them how to proceed; they start and start doing. If you prefer to have somebody else motivate you, owning a business is most likely not for you. You'll need to provide your own motivation.




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