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Top 20 Powerful

Traits of Most
Successful
Entrepreneurs
How Do you feel as an entrepreneur?

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Table of Content
You will digest 20 things that can help improve your
entrepreneurial skills

1.

Introduction

2.

About The Author

3.

Passion & Motivation should be imminent

4.

Risk-Taking to your Advantage

5.

Self-belief, Hard work & Disciplined Dedication


towards work

6.

Adaptability & Flexibility in the process

7.

Understand Your Offering And Its Market


standards

8.

Money Management to profitability

9.

Planning (But not Over-planning) in every situation

10. Networking Abilities

11. Being Prepared to Take the Exit


12. Most Entrepreneurs Doubt Themselves But With
Reservations
13. High level of confidence
14. Craves learning to keep improving skills
15. Ability to sell and promote
16. Vision
17. Self-belief is key
18. Rule-breaking to some degree
19. Dream big
20. They are results-driven
21. Independent
22. Power to accumulate wealth
23. Conclusion

24. How will you change your business today?

Introduction
A change in how you think and act can make the difference in
your life as you start or build a company with passion.

Key Point
How will this knowledge help you improve you life?
You are going to think different.
Trust yourself more.
Believe that you can succeed.
I have applied all these points in my life and will like to share them with you,
so you can physically and mentally succeed in any undertaking life throws
at you.
Divine Tumenta

About The Author


It's important to establish credibility with your reader at an early
stage. Prove to people that they can trust your content.

Divine Tumenta is an entrepreneur and professional digital marketing


expert who has worked in digital marketing for more than 8 years. He is
currently founder and CEO of backlinkfy.com and a go to consultant for
startups and small businesses in the USA.

My Expertise
Entrepreneur & Digital Marketing Expert
SEO
Paid Search
Social Media
Web Design
PR

Why I wrote this...


To help entrepreneurs starting out with new hopes of changing the world.
Keep pushing on and know you are doing the right thing.
Every morning when your alarm goes off!
How do you react, do you enjoy getting ready for work?
Do you feel like you are contributing to something every time you seat at
your work desk?
See why I wrote this guide.

Passion & Motivation


should be imminent
If there's one word that describes the fundamental trait in most
entrepreneurs, it would be passion for what they do.
Follow your passion, be prepared to work hard and sacrifice,
and, above all, dont let anyone limit your dreams.
Donovan Bailey

To really know if you can be an entrepreneur, you should be


asking yourself these questions;
Is there something that you can work on over and over again, without
getting bored?
Is there something that keeps you awake because you have not finished
it yet or on time?
Is there something that you have built and want to continue to improve
upon, again and again every single day?
Is there something (Work) that you enjoy the most and want to continue
doing for the rest of your life?

Your demonstration of passion towards your work and


motivation will determine your success in any entrepreneurial
venture you decide to persuade.
From building and implementing a prototype, to pitching your
idea to investors, success is a function of passion, determination
and patience.

Risk-Taking to your
Advantage
Entrepreneurs are risk takers ready to dive deep into a future of
uncertainty. But not all risk takers are successful entrepreneurs,
that's just how life works. So, here is what differentiates a
successful entrepreneur from the rest - in terms of risk?
Business is all about risk taking and managing uncertainties
and turbulence.
Gautam Adani

Successful entrepreneurs are willing to risk time and money on


unknowns, but they also keep resources, and plans for dealing
with "the unknowns" in reserve. When evaluating risk, a
successful entrepreneur will ask himself/ herself, is this risk worth
the cost of my career, time and money?
And, what will I do if this venture doesn't pay off in the long
term?

Self-belief, Hard work &


Disciplined Dedication
towards work
Entrepreneurs enjoy what they do everyday. They believe in
themselves and are confident and dedicated to their project as
an extension of who they are.
I believe that if you dont want to do anything, then sit there
and dont do it, but dont expect people to hand you a corn
beef sandwich and wash your socks for you and unzip your fly
for you.
Shel Silverstein

Occasionally, they may show stubbornness in their intense focus


and faith in their idea(s). But the flip side is their demonstrated
discipline and dedication in making sure everything is
strategically done to bound success.

Adaptability & Flexibility in


the process
Its good to be passionate or even stubborn about what you do
in life. But being inflexible about client or market needs will lead
to failure in the long term.
Remember, an entrepreneurial venture is not simply about doing
what you believe is good, but also making a successful business
out of it for your time and investments.
The boldness of asking deep questions may require
unforeseen flexibility if we are to accept the answers.
Brian Greene

A Market needs are dynamic: changes are a recurring


phenomenon. Successful entrepreneurs welcome all suggestions
for optimization or customization that enhances their offering
and satisfies client and market needs.
A product you develop for yourself alone may qualify as a hobby,
but a product for the market should satisfy market needs and
generate revenue for profits or if an NGO funds raised.

Understand Your Offering


And Its Market standards
Entrepreneurs know their product offering in and out as they
work on their products daily. They also know the marketplace
and its dynamics inside and out. Remaining unaware of
changing market needs, competitor moves and other external
factors can bring even great products to failure.
You cant create a mass market if you dont have a common
standard.
Henry Samueli

Money Management to
profitability
It takes time to get to profitability for any entrepreneurial
project. Until you get there, capital is limited and needs to be
utilized with smarts to keep you business moving in a positive
direction.
No business in the world has ever made more money with
poorer management.
Bill Terry

Successful entrepreneurs realize this mandatory money


management requirement and plan for present and future
financial obligations. Even after securing funding or going fully
operational, a successful businessman keeps a complete handle
on cash flows, as it is the most important aspect of any business
as it grows.

Planning (But not Overplanning) in every situation


Entrepreneurship is about building a business from scratch while
managing limited resources (including time, money and personal
relationships) everyday.
It is a long-term commitment, and attempting to plan as much
as possible at the beginning is a noble impulse to getting there
in the long term. In reality, however, planning for everything and
having a ready solution for all possible risks may prevent you
from even taking the first step.
The biggest competition is myself. I am not looking to follow
others or pull them down. Im planning to test my own
boundaries.
Rain

Successful entrepreneurs do keep some pain drive in motion, but


more importantly they maintain a mindset and temperament,
capable of dealing with unforeseen possibilities.
Do a feasibility analysis; identify time and capital thresholds;
take the deep dive with your limited resources. If your thresholds
are crossed, look for alternatives and be prepared to take the
next exit.

Networking Abilities
How do you tap your network for solutions? Many people seek
comfort in commiseration: friends, colleagues and neighbors are
happy to complain with you about "the global slowdown, poor
demand, or unfair competition; but that won't improve the
bottom line.
Networking is an essential part of building wealth.
Armstrong Williams

What do successful entrepreneurs do?

They reach out to mentors with more experience and extensive


networks to seek valuable advice that can help them with
growth. Having such networking abilities, including more
experienced mentors, is a key characteristics of some successful
entrepreneurs.

Being Prepared to Take the


Exit
Not every attempt will result in success but don't beat yourself.
The failure rate of entrepreneurial projects is very high (Failing as
an entrepreneur is a learning process in order to succeed).
At times, it is absolutely fine to take the practical exit route
and try something new, instead of continuing to make sunk cost
investments in the same project.
An exit is only a success if you set an exit as your primary
goal. My primary goal was to build a globally influential tool, to
build something from the ground up that could literally change
how we communicated in business and individually.
Ryan Holmes

Many famous entrepreneurs weren't successful the first, second,


third time around. But they had the serenity and foresight to
know when to cut their losses.

Most Entrepreneurs Doubt


Themselves But With
Reservations
You may ask yourself, am I an entrepreneur? And the very
question may put you in doubt about the answer.
The main thing to know about me is that Im a champion of
entrepreneurs and the startups they build. They are my rock
stars. If in doubt, I side with them, and thats clear from my
writing.
Michael Arrington

Even if you don't have the coverage of Elon Musk, but have the
courage to ask yourself intimidating questions Can I do this?
Do I want to do this? you have the intends to be an
entrepreneur. Instead of worrying about fitting the image of the
an entrepreneur, check in with your gut. Is it on board with your
mind?

High level of confidence


Entrepreneurs that have a high level of confidence are able to
get the job done even under the most stressful conditions life
has to offer.

Entrepreneurs understand that big challenges breed big rewards.


Believe in yourself! Have faith in your abilities! Without a
humble but reasonable confidence in your own powers you
cannot be successful or happy.
Norman Vincent Peale

This is the same mentality that allows successful entrepreneurs


to spot an opportunity when most just see a possible challenge
with no solution. When most focus on the challenge, a successful
entrepreneur focuses on the solution and ways to solve this
problem for others.

Craves learning to keep


improving skills
As an entrepreneur, you have to stay sharp, and that requires
constant learning. Industries constantly change and evolve but
only those that are also growing through constant learning will
stay ahead and succeed. You will always have competitors
combating you to get ahead, so you have to keep the speed.

There will always be someone claiming to be the next greatest


thing.
Learning how to learn is lifes most important skill.

Tony
Buzan

Staying sharp and learning constantly, will enable you to stay


ahead and avoid getting passed. Read books and wake up
earlier in the morning to read industry news to see what's
trending. Do everything you can to constantly learn and absorb
new information.

Ability to sell and promote


If you watch the TV show Shark Tank then you have certainly
heard Mark Cuban tell entrepreneurs on several occasions that
"knowing how to sell is an absolutely essential part of being a
successful business owner. If you cant express what it is that
makes your product or service a solution to a problem, you will
be in for a rough ride".
The story of the human race is the story of men and women
selling themselves short.
Abraham Maslow

If you, the creator, cant explain it, then who will? Start asking
yourself this question!

Vision
One of the defining traits of entrepreneurship is the ability to
spot an opportunity and imagine something where others
haven't.
In order to carry a positive action we must develop here a
positive vision.
Dalai Lama

Entrepreneurs have a curiosity that identifies overlooked niches


and puts them at the forefront of innovation and emerging
fields. They imagine another world and have the ability to
communicate that vision effectively to investors, customers and
staff.

Self-belief is key
Self-confidence is a key entrepreneurial trait carried by most
successful entrepreneurs. You have to be crazy-sure your product
is something the world needs and that you can deliver it to
overcome the naysayers, who will always deride what the
majority has yet to validate.
Self-belief and hard work will always earn you success.
Virat Kohli

Researchers define this trait as task-specific confidence. It's a


belief that turns the risk proposition around--you've conducted
enough research and have enough confidence that you can get
the job done that you ameliorate the risk.

Rule-breaking to some
degree
Entrepreneurs exist to defy conventional wisdom. A survey in
2015 by Ross Levine of the University of California, Berkeley, and
Yona Rubinstein of the London School of Economics found that
among incorporated entrepreneurs, a combination of "smarts"
and "aggressive, illicit, risk-taking activities" is a characteristic
mix.
Sometimes breaking the rules is extending the rules.

Mary
Oliver

This often shows up in youth as rebellious behavior, such as potsmoking. That description would certainly hold true for some of
the most famous entrepreneurs of recent years.
In fact, simply starting a business breaks the rules, as only about
13 percent of Americans are engaged in entrepreneurship,
according to a Babson College report. Doing what the majority
isn't doing is the nature of entrepreneurship, which is where the
supply of inner resources comes in.

Dream big
Successful entrepreneurs have the ability to envision a new
reality and the will to bring it to fruition. They have crazy big
dreams, even though to some these dreams may not be realistic
or practical. But it is the big dreamers who really succeed.
Just dream big. Anything is possible.
Kelita Zupancic
They are possibilities thinker who believe there are possibilities and are
not limited b commonly held boundaries. They look beyond to ask the
what ifs questions. They look for answers and solutions and arent
daunted by challenges. In fact, they relish challenges.

They are results-driven


Successful entrepreneurs are passionate about results. They
want their actions to have a direct impact on results. They want
the job done.
Its not my job to be popular. Im goal-driven; my job is to get
results.
Paddy Ashdown

They also have the ability to conceptualize the whole of a


business; not just its individual parts, but how they relate to each
other. They are individuals who always come up with new ideas.

Independent
Entrepreneurs love to be in charge and be their own boss. They
want to be in control. They carve their own path, relying on their
own talents, instincts and skills. They dont take orders from
anyone and do not need validation from superiors judging them
whether they are worthy of a promotion or capable of handling
more responsibilities.
True independence and freedom can only exist in doing
whats right.
Brigham Young

Entrepreneurs move and make decisions on their own, without


waiting for someone to push them. While being in charge can be
daunting at times, the rewards of seeing the results of all the
hard work are tremendous.

Power to accumulate
wealth
Entrepreneurs appreciate what money could bring to their lives
and embrace it. They know that financial success can afford
them with opportunity, freedom, and well-being.
Wealth is the ability to fully experience life.
Henry David Thoreau
Entrepreneurs view starting their own businesses as an opportunity to
earn far more than they could ever from working for some other
company. Win, lose or draw, entrepreneurs want to be masters of their
own financial destiny.

Conclusion
Successful entrepreneurs strongly believe in themselves. In fact,
many of them are supremely confident individuals. However,
their strong belief in themselves doesnt necessarily mean that
they dont experience self-doubt.
Entrepreneurs do! They experience fear, but instead of running
away from their fears, they embrace what they fear the most
and just plod on.
Personal qualities and their correct demonstration with the right
stakeholders are the determining factors for success or failure as
an entrepreneur. A realistic self-assessment checklist against
these suggested guidelines will ensure you take the right steps in
the right direction to succeed in business.

How will you


change your
business
today?
See how you can improve your
digital marketing strategy today!
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