What Makes a Successful Entrepreneur?

Posted: May 15th, 2014 | Author: Dan Zimanski

Do you wonder if you have what it takes to be an entrepreneur?

Maybe you’re no Bill Gates, but there are not alot of people like that.

You likely still have qualities that you can draw upon that will help you to become successful in business. The key is to identify your particular strengths, and then build on them in order to ensure your success in whatever business venture you choose to embrace.

The following are just a few of the traits that make a successful entrepreneur.

1. You’re Willing to Invest In Yourself

Even if you’re an expert in a particular field, you know that there’s always room for improvement, and that the process of educating yourself is endless. You subscribe to trade journals, and visit websites related to your field of business.

You attend seminars, training courses, and workshops even if you’re already pretty sure that you know everything that’s worth knowing. You join professional associations and network with others in your field. You never stop building on your skill set and you strive constantly to be the best you can be.

2. You Do What You Enjoy

This is pretty basic. If you don’t like what you do, the chances of your succeeding at it are limited. If you have an idea for a business, make sure that you have the enthusiasm that will carry you through the long term. Believe in yourself, and believe in your product or service.

3. You Know That It’s Not All About You

You understand that being in business isn’t about feeding your own self-image. It’s not even about promoting your service or product. A successful entrepreneur knows that the cornerstone of his or her business is the customer – that’s who is ultimately going to be responsible for the success or failure of your business. You strive for excellence in customer service at all times.

4. You Are Self-Motivated

You take your business very seriously. You’re willing to put in long hours, and focus on what needs to be done. You’re not easily sidetracked, and you have the commitment to seeing a project through to a satisfying conclusion. You know that “done” is not the same thing as “done right,” and you are committed to excellence in everything you do.

5. You Use Your Resources

You know that even if you’re operating a sole proprietorship, you can’t go it alone. You seek advice and support from business peers, suppliers, family, friends, government agencies and the community. You consider points of view other than your own, and even though you have the final say in how your business is run, you understand the wisdom of looking outside yourself for input.

6. You’re a Good Planner

You don’t go charging off in every direction. You set goals, and you devise strategies to achieve them. You assemble facts and figures, and go from there.

You follow your plan closely, but you don’t shy away from tweaking it or re-working something that’s not going the way you intended. Management by the seat of your pants is not for you.

7. You Know When to Take Time Off

Although you’re very good at keeping your nose to the grindstone, you understand the importance of taking the time to relax and enjoy time with friends and family. Work is a very important part of your life, but you understand that in order to be a well-rounded person, every so often you have to close up shop and have a little time for yourself.

Does this sound like you? If it does, you may have what it takes to be an entrepreneur.