Some common traits of all successful ENTREPRENEURS.

20-Nov-2019

Have you ever thought about striking out on your own? After all, being your own boss can be an exciting prospect. However, starting a business is a lot of work. Anyone who tells you it's not is either lying or has never actually started one themselves. The hours are long, sacrifices are great and you are assaulted with new problems and challenges every day with seemingly no end. 
Regardless of your definition of success, there are, oddly enough, a great number of common characteristics that are shared by successful entrepreneurs. hey are confident and optimistic. They are disciplined self-starters. They are open to any new ideas which cross their path. Here are 8 traits found in all successful entrepreneurs. 

•    Do what you enjoy.
What you get out of your business in the form of personal fulfilment, financial advantage, stability and satisfaction will be the sum of what you put into your business. So, if you don't relish what you're doing, in all possibility it's easily assumed that it will be reflected in the success of your business--or subsequent lack of success. In fact, if you don't enjoy what you're doing, chances are you won't succeed.

•    Plan everything.
Planning every aspect of your business is not only a must, but also builds habits that every business owner should develop and maintain. Business planning is important because it requires you to analyze each business state, research and gather data, and make conclusions based mainly on the facts as revealed through the research. A business plan also helps serves a second use, which is giving an outline on your goals and how you will achieve them, on paper. 

•    Get to know your customers.
One of the biggest advantage entrepreneurs has over the larger competitors is the he can offer personalized attention. The truth is customers are sick and tired of hearing that their information is somewhere in a computer and must be recovered to finally get to the right section only to end up with voice mail--from which they never receive a return phone call. But you can personally attend to the needs of each customer. After all, your customers are the people that will ultimately decide if your business goes boom or bust. 

•    Have Superb Business Skills. 
Entrepreneurs are naturally capable of setting up the internal systems, procedures and processes necessary to operate a business. They are focused on cash flow, sales and revenue at all times. Successful entrepreneurs rely on their business skills, know-how and contacts. Evaluate your current talents and professional network and try to work your skills, contacts and experience to the business idea you want to pursue.

•    Be Open Minded.
Entrepreneurs realize that every event and situation is a business opportunity. Ideas are constantly being generated about workflows and efficiency, people skills and potential new businesses. They have the ability to look at everything around them and focus it toward their goals.

•    Use latest technology for your needs.
You should avoid getting overly caught up in the high-tech world, but you should also know how to take advantage of using it. One of the most amazing aspects of the internet is that a one or two-person business operating from a basement can have a superior website to a million-dollar company, and nobody would know the difference. Make sure you're keeping up with the high-tech world as it suits your needs.

•    Be Versatile.
Company workers can usually rely on a staff or colleagues to provide service or support. As an entrepreneur, you’ll typically start out alone. You may not have the luxury of hiring a support staff initially. Therefore, you will end up doing variety of jobs- secretary, bookkeeper and so on. You need to be mentally prepared to take on all these tasks at the beginning.

•    Have Strong work ethics.
A successful entrepreneur will often be the first person to arrive at the office and the last one to leave. They will come in on their days off to make sure that an outcome meets their expectations. Your mind should constantly be on your work, whether you’re in or out of the workplace.


Read the above-mentioned traits well and keep a check beside each characteristic that you feel that you possess. This way, you can see how you stack up. Even if you don't have all of these characteristics, don't worry. Most can be learned with practice and by developing a winning attitude, especially if you set goals and apply yourself, through planning, to reach those goals in stages.