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Oct 5, 2016 · 1. Self-Discipline. The first trait that all successful entrepreneurs must possess is self-discipline. Self-discipline is the single most important quality for success in life and business....
- Discipline. The number one quality of an entrepreneur is self-discipline. You need to do the work — even when you don’t feel like it. If you have a day job, this could mean working long hours.
- Curiosity. The best entrepreneurs always want to learn more. They ask good questions and look for opportunities to grow themselves and their business. These people don’t dwell on what they think they know but instead, change their opinions when presented with new information.
- Creativity. This is the spark that drives many successful startups. Creativity isn't just for creatives, it's a skill that everyone can cultivate. Entrepreneurs always look for creative ways to solve problems or deliver a service, often with limited resources.
- Willingness to try things. As an entrepreneur, you’ll constantly be presented with new tasks that challenge your skillset. Resourcefulness goes hand-in-hand with experimentation and problem-solving.
- Curiosity. Successful entrepreneurs have a distinct personality trait that sets them apart from other organizational leaders: a sense of curiosity. An entrepreneur's ability to remain curious allows them to continuously seek new opportunities.
- Willingness to Experiment. Along with curiosity, entrepreneurs require an understanding of structured experimentation, such as design thinking. With each new opportunity, an entrepreneur must run tests to determine if it’s worthwhile to pursue.
- Adaptability. Entrepreneurship is an iterative process, and new challenges and opportunities present themselves at every turn. It’s nearly impossible to be prepared for every scenario, but successful business leaders must be adaptable.
- Decisiveness. To be successful, an entrepreneur has to make difficult decisions and stand by them. As a leader, they’re responsible for guiding the trajectory of their business, including every aspect from funding and strategy to resource allocation.
- Founder
- Uber Brands
- Not being afraid of delegating tasks. As entrepreneurs, we tend to always have a full plate and feel that we can take on any task. In reality, if we keep adding to the already-full plate it is eventually going to collapse and create a mess.
- Managing time effectively. Proper time management is necessary to distinguish between extremely urgent tasks and those that can wait. Use a notebook or whiteboard to prioritize your tasks by writing them down.
- Visualizing goals and success. You need to see your goals and success in your mind first if you plan on making them a reality. Not only do you need to visualize the end result, but you also need to visualize every step that it is going to take to get there.
- Listening and communicating well. If you aren't a good listener and communicator it will result in miscommunications and wasted time, not to mention added work to correct the miscommunications.
- Male
- Founder & Chief Editor
- Self Discipline. “All success begins with self- discipline. It starts with you.” – John Quincy Adams. The main reason so many entrepreneurs under-achieve and fail is because they lack self-discipline.
- Passion. The simple phrase – “people with passion can change the world” – holds the secret to entrepreneurial success. Passion is everything. Following your passion is the secret to overcoming the setbacks you’ll face as an entrepreneur.
- Integrity. As an entrepreneur, your personal integrity is critical for getting and keeping the support of investors and team members. But in a practical sense, what does it really mean?
- Persistence. Building a successful business is like climbing a mountain: it’s an uphill battle most of the way, but the view from the top is very spectacular.
Do successful entrepreneurs share the same qualities? It’s a proverbial question asked time and again. This article takes a deep dive into the characteristics that make entrepreneurs successful in their endeavors. What do Richard Branson, Jack Ma, and Bill Gates have in common?
Aug 12, 2013 · Learn what makes entrepreneurs stand out from their peers, such as passion, open-mindedness, expertise, foresight and creativity. These qualities can help you launch and grow your own business.
