10 Qualities of a Successful Entrepreneurs

As an entrepreneur and someone who works with entrepreneurs, I can tell you without a doubt that the successful entrepreneurs possess certain characteristics. Things that make them unique, driven and focused. But I can also tell you without a doubt that some of these characteristics can be learned. I know this because I’m still developing some of them in my own character.

Successful Entrepreneurs

The most important qualities of successful entrepreneurs boil down to mindset, so learning to harness your thoughts and staying positive are key factors in achieving your dreams.

As with anything, there are exceptions to every rule, but if you can claim most of these attributes, you have a head start on living the life of your dreams!

1.    Successful Entrepreneurs Do What They Enjoy

One thing they’ve learned is that if you do what you love, you’ll be a thousand times more successful than if you choose a career for its earning potential. Entrepreneurs pursue feats where they can continue to grow and learn for years to come.

2.    Successful Entrepreneurs Plan

In the shower, in their cars and at their desks, entrepreneurs are always planning their next step. They have business plans laid out for taking their business to the next level and plans to execute them.

3.    Successful Entrepreneurs Execute Their Plans Quickly

Having a plan won’t get you very far if you’re afraid to take the leap. One thing successful entrepreneurs have in common is that they are not afraid to jump in and try something.

4.    Successful Entrepreneurs are Confident in Their Own Abilities

The main reason they are able to take the leap is that they are confident in what they can do. This is one of the characteristics that is harder to develop, but as the saying goes, if you aren’t sure, “fake it till you make it!”

5.    Successful Entrepreneurs Listen to Sound Advice

There’s some really good advice out there, but there’s also some really bad advice. But successful entrepreneurs learn early on how to tell the difference. They’re not afraid to listen to someone smarter than them, and in fact, always seek that out.

6.    Successful Entrepreneurs Don’t Give Up

This one goes without saying, but in case you didn’t know – you are likely to fail at a few things before you find the “thing” that works. The difference between a successful entrepreneur and the average Joe is, however, the innate ability to pick himself up and keep trying no matter what. He knows every failure is a lesson.

7.    Successful Entrepreneurs Manage Their Money Wisely

This skill is definitely something that can be learned, but without it, you’ll sink early on and have trouble ever getting ahead.

8.    Successful Entrepreneurs Invest in Themselves

While you don’t want to be an information junkie and buy every course that comes along, successful people know that educating themselves and continuing to grow are what will give them a healthy edge over their competition (which sometimes – is just themselves!)

9.    Successful Entrepreneurs Become Experts

Wait…but shouldn’t an entrepreneur already be an expert? While it’s true having some knowledge of your business is key, most people learn 90% of what they need to know after they start. Here’s an example:

I’m a freelance writer by trade, and when I started, I knew how to write and felt I was adept at it, which is why I chose it as a profession. But I didn’t choose a niche until much later, and am still learning every day to become an expert in that field. What it really boils down to is focus.

10. Successful Entrepreneurs Take Time Off

Maybe not at first, but one thing most successful entrepreneurs learn is that in order to stay productive, you have to take time off once in a while. Maintaining that steady level of drive and focus for long periods of time will lead to burn-out and a lack of productivity.

Do You Have What It Takes?

My guess is if you’re here, you have at least a little of what it takes and the rest can be learned and developed. It can be scary to take the leap, but in the end, it’s totally worth it!

My advice is always to test the waters before you leave your day job, and don’t let anyone else make you believe you can’t do it.

“You must be willing to do the things today others don’t do in order to have the things tomorrow others won’t have.”

―Les Brown

Please note: I reserve the right to delete comments that are offensive or off-topic.

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