Common Qualities of Entrepreneurs
Ever wonder if you have what it takes to be your own boss and start your own business? If you have the entrepreneurial spirit and want to explore business ownership, here are some of the common qualities that most entrepreneurs exhibit.
If you are looking to become the next Jeff Bezos, Mark Zuckerberg, or Bill Gates, then you probably have the internal drive and motivation to strive for your own piece of the American pie. Outside of motivation, what are the other qualities that you may need to lean on as you rise to excellence in your given field?
Entrepreneurs tend to have their eye on the big picture of what is going on in their field of work. Having a finger on the pulse of your industry means you can keep up with the trends, upcoming issues, and plan for the “next big thing” before it hits the news. Having a sense of vision also means that you can maintain the day-to-day running of the business all while keeping up with future plans.
The ability to switch gears, change the plan, and juggle many things at once, is also a characteristic of successful entrepreneurs. Most entrepreneurs that have struggled through the first few years of a fledgling business will tell you that it is important to always be evaluating what is working and what is not. If it is not, then change courses to make an idea feasible. Being open-minded to feedback from others in your circle can help you make adjustments that will make your business work.
If making decisions is not your thing, then maybe being a successful entrepreneur should not be on your radar. You will need to make sound judgements with the knowledge that you have at the moment. Many of those decisions will be under time pressure so be prepared to make a choice, stand by it, and commit to it until it is no longer successful.
Being an effective team leader means that you can also “play well with others.” It’s not enough to be a prodigy in your field. You need to be able to work with others who can help support your business and use skills that possibly you do not possess. We are not all good at everything. Recognizing that, and be able to work with others who hold an entirely different skill set than you, is a hallmark of a brilliant entrepreneur.
Are you looking into becoming your own boss and need help with your business plan? Check out the workshops we offer here at the Enterprise Center. Future entrepreneurs may be interested in the “Do You Have What it Takes to be an Entrepreneur?” workshop on December 3.