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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
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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.
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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
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
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
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?
Tony
Buzan
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
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
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.
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
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.
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