9 Traits of a Successful Entrepreneur


9_Traits_Successful_Entrepreneur

 

After nearly 30 years of being employed by someone, I took the entrepreneurial leap “officially” 6 months ago, although I had started working on the stand-up for almost 2 years (while working simultaneously for a good portion of that time). I didn’t just wake up one day and decide to stand up my own company – I researched in advance, gathered my thoughts, gathered information and met with some really smart people. Every day I learn – from my own mistakes and successes, as well as what others’ have been willing to share with me. Through this entrepreneurial journey, I offer what I’ve boiled down to 9 key personality traits, talents and mindsets essential to being a successful entrepreneur:

  1. You are profit-oriented and aware of bottom-line impacts

You’re in business to make a profit, so you have to know your numbers to know if you are profiting or losing money at any given time.

  1. You clearly understand, influence, and build authentic relationships with others

All successful businesses have networks that often help entrepreneurs access resources (think people, partnerships, opportunities, etc.) they might not otherwise have access to, but they are smart enough to utilize these resources in a way that is mutually beneficial, not just one-sided.

  1. You take initiative, have conviction in your abilities, and are incredibly action-oriented

While planning is huge, achieving any good plan requires solid actions and the belief in your ability to overcome obstacles along the way

  1. You are comfortable with the unknown

You are constantly thinking of new ways to create solutions for your new or existing customers, and can look beyond the present and imagine your company’s future state in 5, 10 and even 15 years from now.

  1. You know how to systematize and delegate

You know how to work ON the business, not just IN the business. You are too busy growing your business to tend to repetitive tasks, and know how to systematize these repetitive actions so that you can comfortably delegate them to others on your team.

  1. You have the ability to quickly recover from obstacles and setbacks

Everyone has setbacks now and then, but as an entrepreneur, you have the ability to keep going – even when the going gets tough.

  1. You have an ongoing thirst for knowledge that is never fully quenched

You absorb and archive new knowledge, always thinking about how it could help your business and your customers, or new customers so that you can pivot into new ideas that make sense, but are smart enough to know not to pivot on EVERY new idea.

  1. You understand that you don’t know everything, and never will

You take calculated risks based on the information you have, and sometimes that information isn’t enough. You recognize that, and seek out those that have the knowledge or information you need.

  1. You have a reflective mindset

You understand the importance of reflecting on what happened, good and bad, and how you could approach things differently in the future. You also understand the need to step away from it all to relax, renew, meditate and energize to move on.

 

If you liked this, you may also like to check out my free marketing guide to help hone in on who your ideal customer really is!

 

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