Successful entrepreneurs start off wanting to see what the view is like at the top of the business mountain. Then after they see it, they want to go even further. Successful entrepreneurs also know how to communicate with their prospects, customer, and employees. And as a result of these two things, their businesses take off. Studies have found that successful entrepreneurs all share a basket of qualities that are key to their success.
Who They Are
Confident. Successful entrepreneurs do not wonder if they can succeed, or if they’re worthy of success. They’re confident that they will make their businesses succeed—and they display that confidence in all that they do.
Self-Starters. Successful entrepreneurs are proactive. They don’t wait around for outside reassurance or approval. They know that if something has to be done, they need to just start it themselves, set the parameters, and keep the project on the right path to success.
Competitive. Successful entrepreneurs typically need to win at sports, games, and the businesses they form—and they love to call attention to their own company’s track record of success. Many companies were created out of competitive zeal. They came into being because entrepreneurs knew they could do something better than the companies that were already out there.
Determined. Successful entrepreneurs don’t let defeats derail them. They look at setbacks as opportunities for success. They persevere, trying and trying again until they succeed. They do not believe something cannot be done.
Disciplined. Successful entrepreneurs focus on doing everything they can to make their businesses work. They set goals and develop overarching strategies and specific tactics to achieve those results. They eliminate roadblocks and distractions, and take steps every day to reach their objectives.
How They Work
Open-minded. The world of business is constantly coming up with ideas about efficiency, workflows, people skills, and new business opportunities. Successful entrepreneurs realize that any one of these things could be a game changer, and are open to them all. And then they run with the ideas that align with their goals.
Creative. Creative people are able to make connections between apparently unrelated things, people, and situations. That’s how successful entrepreneurs are creative—often coming up with solutions by making less than obvious connections. For example, successful entrepreneurs frequently repurpose products and services, so they can market them to new business segments and industries.
Strong Work Ethic. Successful entrepreneurs are typically the first people to come to the office and the last ones to leave. They will come in on days off to make sure that the outcomes of projects will be the ones they expect. Their minds are on their work almost constantly, whether or not they’re at work.
Strong People Skills. Successful entrepreneurs have strong communication skills. These are vital to selling their products and services and motivating their employees. They know how to highlight the benefits to prospects of buying their products and services, as well as the benefits to employees of working together to grow the company.
Passionate. Experts say that being passionate is the most important quality of successful entrepreneurs. They honestly love their work—which is why they’re willing put in the extra hours to make the business succeed. Their work gives them joy and satisfaction that goes beyond the money. This drives them to always seek ways to make the business better—for customers, employees, and, ultimately, themselves! Remember, your AdviCoach is ready to help you develop the qualities you need to drive your business to your next level of success!