Biz Tips: The 5 Characteristics Of A Successful Entrepreneur

Biz Tips: The 5 Characteristics Of A Successful Entrepreneur


The 5 Characteristics Of A Successful Entrepreneur

Are you born an Entrepreneur — or is it something you can learn along the way? Well… to be honest, I could probably make an argument for both sides. That being said, one thing I know for certain after working as both part of a startup and with countless startups is that there are several key personality traits required to be a successful entrepreneur. Regardless of whether or not these traits come natural, or are honed and improved through conscious, purposeful, training and practice. These traits are all required, to some degree, to truly break away from the 9–5 grind and branch out into the great unknown — creating your own thing from the ground up and bringing it to the world.

1. Self-Confidence
This is that magical power of having confidence in oneself and in one’s powers and abilities. Your self-confidence will be tested… a lot. If you don’t believe in yourself and your mission — who else will? Without self-confidence, nothing else is possible. If you don’t believe in your abilities, then the first challenge that arises may knock you off the path to achieving your goals.

2. Achievement Oriented
Results are gained by focused and sustained effort. Entrepreneurs need to concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks.

3. Risk Taker
Entrepreneurs realize that there is a chance of loss inherent in achieving their goals, yet they have the confidence necessary to take calculated risks to achieve their goals.

Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies (sometimes they can!). They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck.

4. Positive Thinking
Well, it all starts with a positive attitude, doesn’t it? Believing that something good will happen is the first step. Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter you from reaching your goals. Remember too, that positive thinking can be contagious. When positive thinking spreads, it can open doors to new ideas, customers, friends, etc.

5. Persistent Action
Now all of the positive thinking and believing in the world is useless if it is not applied towards a goal. You have to take action, no excuses allowed. This action must also be persistent. Trying once and then giving up is not going to be enough. Keep at it one step at a time. There are no such things as roadblocks, just learning opportunities.

Although these may seem simple at first glance, be very aware that these do not come easy for all individuals. Be aware of personal strengths and weaknesses and be purposeful in filling in gaps in both personality traits as well as hard and soft skill sets. If you’re constantly aware of who you are as a person and push for continued self-development — this is where success truly lies. You should be able to look ahead and see yourself where you want to be. Now just maintain a strong belief in yourself and your skills, stick with it, and don’t give up. If you can do that, you’re already halfway there!

Why Should You Read My Blog?

I have a passion for motivating, inspiring and educating businesses on how to leverage emerging technologies and digital marketing to stand out from the noise and reach their target consumers and clients. With over 10 years in enterprise biz dev and take to market strategy, I have helped both start-ups and enterprise organizations navigate complex markets in both traditional industries as well as bleeding edge technology fields.

I’m the Head of Marketing & Business Development at Bedrock Affect, a Forbes Biz Dev Council member, a contributor for Forbes, Hackernoon and many other business & tech blogs as well as an Entrepreneur and a huge nerd.

Connect with me below.

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