Successful Entrepreneurs

5 Traits of Successful Entrepreneurs

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Successful Entrepreneurs

This is a guest post by Evan on the traits of successful entrepreneurs. You can check out the guidelines for guest posting on our write for us page.

Success in business doesn’t always come with a degree or a pedigree.  Although a certain amount of knowledge and experience will undoubtedly help you to do better in the business world, those entrepreneurs that enjoy success in their chosen field often have some kind of indefinable quality that allows them to leap to the head of the pack.

In truth, most successful entrepreneurs have not just one, but several traits that work together to make them fruitful in their endeavors.

Traits of Successful Entrepreneurs -

Successful entrepreneurs have a lot of such virtues which we call as traits. Listing them all in just one post will mean boxing an ocean in a match box.

Here are just a few that you may want to emulate in order to enjoy success in your own business ventures.

Ingenuity

Necessity may be the mother of invention, but ingenuity is the father.  And most wildly successful entrepreneurs are at the forefront of their industry because they themselves have come up with new and improved products, services, or ways of getting things done (or they recognize and promote talent in others).  Just look at Steve Jobs; he saw a niche for the MP3 player before anyone else did and to this day, no other company has been able to rival the death grip Apple’s iPod has on the market.

Intuition

Great opportunities don’t come along every day, and the ability to recognize them when they do could make or, break an entrepreneur.  But there’s more to it than just seeing an open door and walking through.  The truly successful entrepreneurs will also see those diamonds in the rough and put in the time and effort to turn them into something great.  Knowing the difference between a sound business opportunity and a sinking ship is what separates the men from the boys.

Motivation – What every successful entrepreneurs need

Successful entrepreneurs seem to have some kind of inner fire that keeps them going and sometimes makes them appear as tireless machines.  Take business moguls like Richard Branson or Donald Trump, for example.  Each has had their fair share of setbacks and even outright failures, but like the Energizer bunny, they just keep going, racking up more successes.

And they’ve always got their hands in something new, whether it’s an airline or a reality TV show.  The point is, life never slows down for these guys, and they’ll probably be working until the day they die.

Dedication – Can you do without it?

Having that spark that makes you want to pick yourself up and try again is one thing, but being married to your work is something else entirely.  For most people, there will be days when you just want to throw in the towel, and this is where dedication kicks in.  When the weight of the world is on your shoulders and you feel like you can’t take another step, you’ve got to muscle through if you want to be successful.  And devotion to your cause is what will see you through. This dedication is what makes successful entrepreneurs.

Flexibility

Few successful entrepreneurs get where they are by taking no for an answer.  They find ways to make it happen (whatever “it” is).  Suppose you get a huge order that could take your business to the next level but the bank won’t advance you the funds you need to make it happen.  Are you going to give up?

A successful entrepreneurs would beg money from every source, get purchase order financing, or talk to bank managers until he found one willing to help him out.  The point is, you need to be flexible because the game plan is going to change frequently and you have to be able to roll with the punches and find alternatives.

Can you be one such successful entrepreneurs?

If you can be one such successful entrepreneurs, will entirely depend upon how you take up the responsibility of being an entrepreneur. There are thousands of book written by numerous successful people and many thousands read these books everyday. But how many of them actually follow what they have read and aspire to be one like the writer is the million dollar question.

If you have a strong dream to pursue and a goal in life, you will achieve it and you will succeed.

 

About the Author -

Our Guest Blogger today, Evan Fischer is a freelance writer and part-time student at California Lutheran University in Thousand Oaks, California.

We thank her for this article of the traits of successful entrepreneurs.

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Dilip Kumar

My name is Dilip. I am a fan of the internet and am awed at the many opportunities that the world wide web provides. If used constructively , the internet can give you an opportunity to lead a life free of the 9-5 treadmill and will be able to give more time to your family members.
Read about internet entrepreneurship at my blog.
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