Everyone wants to be an entrepreneur! The word itself conjures up images of adventure, self-fulfillment and financial freedom. In our capitalist society we admire the one who walks away from the security of the corporate world to follow their dreams.
But following your dreams isn’t enough to bring you success as an entrepreneur.
What are the traits that makes an entrepreneur successful?
Believe it or not your success as a business owner isn’t contingent on the economy, how educated your are or the grandness of your idea. It will be based on a perfect blend of innate abilities and learned skills that must be juxtaposed and contrary to one another.
To be a successful entrepreneur you must have these opposing characteristics:
- Analytical and Intuitive– Entrepreneurs have to make rational decisions based on market research, financial analysis and other key growth drivers; then they must be able to throw that knowledge out the window and trust their gut
- Stubborn and Adaptable– Every entrepreneur can so clearly see their vision that nothing deters them. At the same time, they must have a willingness to change plans and go in a different direction when needed.
- Paranoid and Trusting– Entrepreneurs know that there are people who have no creativity of their own and will boldly steal your idea but they also know that no one else can implement their ideas better then they can. Besides, talking to other people opens them to receive help and even better ideas.
- Self-Confident and Insecure The confidence fuels them to go after challenges and pursue their dreams. The insecurity makes them reassess their services and products. It causes them to set high standards.
- Filled with Visions of Grandeur and Action –Oriented Although they fantasize, day-dream, and talk endlessly about their ideas, their future interview with Oprah and the millions that they are going to earn they know how to take action. This is what separates the Wanna-Bees from the Gonna- Bees. Taking action is critical; however 98% of daydreamers don’t understand how critical.
- Jack of all trades and Master of None In some circles this is seen as a negative. But in the world of entrepreneurship it’s a much needed skill. When most people become self-employed they have to be the janitor, accountant, web-designer, office manager and staff. It’s vital to know something about everything even if you can pay someone else.
If you can think of more I would love to hear it. Leave your thoughts in the comments section.