TRAITS OF SUCCESSFUL ENTREPRENEURS

Traits of Successful Entrepreneurs

Traits of Successful Entrepreneurs

Entrepreneurs are a different sort of person. They always believe they can do it better even if it isn't always true.

The true entrepreneur possesses unique gifts that really can't be learned. There is a separation between these innate gifts and the tools that any business person must learn. Anyone can fill their head with paragraphs upon novels of information about cash flow, marketing, and collaboration; however this is only part of the equation, and the easier part at that. Entrepreneurial skills are not learned this way. They are in-born. An entrepreneur needs to be able to realize, organize, and conquer an opportunity multiple times and have something most people do not.

Entrepreneurs are the ones who drive innovation and efficiency. Some are good, and some are great. They have a personality that allows them to believe and take risks and enjoy the process that other people find distasteful. The entrepreneur is born, not made. They are distinguished by an insatiable desire for success and an inherent love of all things entrepreneurial.

For the true entrepreneur, a money-spinning vision is not enough if it is not backed by a solid business plan. Nor is a plan in itself enough -- without passion. Passion is no good unless with commitment. And commitment is useless without the ability to lead others -- staff, investors, the board and potential customers -- with 'evangelical' panache.

The ordinary businessmen don't stand a chance against those entrepreneurs who have made themselves into leaders; possess the skill to attract and empower a strong management team; communicate and exemplify a vision and a value system; overcome obstacles; and, of course, make a profit. Interestingly, while the average businessman might just about manage to tend to the needs of a single company over the course of one lifetime, the entrepreneur will tend to plough through several.

Entrepreneurs have an in-built knack for creating lasting businesses from scratch -- of making something out of nothing and are rarely intimidated by the risk involved in starting all over again on yet another ailing venture. But, while they are invariably superhumanly driven, modern entrepreneurs also require a strong ability to communicate and a range of other people-related skills. They are accustomed to people telling them that their business idea is not worth the risk and rarely listen. Even failure, when it does happen, is ultimately positive. In countless number of cases, many entrepreneurs do bounce back from disaster and they are wiser for the experience.

The road that the entrepreneur has to take in order to create is not an easy one to follow, it is frequently full of obstacles that interrupt or even stop the creation of the entrepreneur. These obstacles are likely to be the lack of sufficient funds or the discouragement of others. But while others are saying, “it can not be done”, the entrepreneur has to have the determination and the inner drive to say, “I can do this, it can be ...