Entrepreneurship is an exciting opportunity for those, with the right attitude and pioneering spirit, to build something from the ground up, take ownership of their time and decisions, and potentially, achieve financial independence. But what are the characteristic of successful entrepreneurs? Why do some succeed while some don’t?
Becoming a successful entrepreneur requires unwavering focus and commitment to your craft, strong relationships, and an open mind to new perspectives. We asked a group of entrepreneurs about what drives them and what they believe it takes to achieve success. What we discovered, is that even when you do everything right, success is not guaranteed, but the thrill of the journey, the chance to influence and support others, and the potential payoff are what drive daring entrepreneurs to venture down this career path time and again.The thrilling journey, supporting others, and potential payoff are what drive entrepreneurs to succeed. Click To Tweet
COMMON CHARACTERISTICS OF SUCCESSFUL ENTREPRENEURS
What sets entrepreneurs apart is not their mastery of specific hard skills such as writing, programming, or public speaking. From our discussions with independent business owners, we learned that the top characteristics of successful entrepreneurs are rooted in soft skills shaped by the right attitude and mindset, seen in the infographic below.
It’s easy to talk about building a business, but it’s entirely another thing to do it. The number one characteristic of successful entrepreneurs is self-motivation—the ability to put ideas into action. Think about some of the best-known entrepreneurs. Steve Jobs, for instance, didn’t wait for a company to come looking for him to build a new kind of personal computer. Instead, he partnered with the right people, turned his ideas into real-life products, and convinced the public that they needed the Apple Computer. Self-motivation can mean the difference between dreaming and achieving.
Our business owners identified determination as another major characteristic of successful entrepreneurs. This important trait is the drive that helps us follow through once we start. It’s what pushes us back up when we fall, and keeps us moving through uncertainty until we reach our long term goal.
THE BENEFITS OF ENTREPRENEURSHIP
Going from ideas to great products or startup to corporation is a remarkable feat that requires passion, focus, and resilience. It’s not a straight path, and there will often be twists, turns, and moments of uncertainty. We wanted to understand what makes it all worth it? What is it about the life of an entrepreneur that continues to drive so many to brave those, sometimes, stormy waters?
The majority of entrepreneurs said the most valuable benefit of entrepreneurship is the opportunity to help others grow and develop. Think about it. At one point, these entrepreneurs were employees, too. At the helm of a business, an entrepreneur has the experience to recognize greatness in others, and the leadership expertise to inspire them to get there.
Opportunity for Growth
Have you ever felt like you’re not getting anywhere in your current role, or looked up the organizational chart and didn’t like what you saw? Another major benefit of entrepreneurship is the opportunity for growth. And not just career growth, but personal growth, as well. Taking a chance on yourself and pursuing your passions will test your comfort zone, but the freedom to be your own boss and do what you love is an unparalleled experience and a unique benefit of entrepreneurship.
See what else entrepreneurs had to say about why owning and growing your own business is worth it.
Building a successful business of your own is not something that happens overnight. It takes unwavering dedication, unshakable focus, and a healthy dose of endurance. It’s an accomplishment, much like a marathon, that is achieved one step at a time. But for those who stick with it and embrace the adventure, the benefits of entrepreneurship can be life-changing.For those who stick with it and embrace the adventure, the benefits of entrepreneurship can be life-changing. Click To Tweet
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