Let’s face the truth. Not everybody is born with the traits required to become a successful entrepreneur. It’s not an easy road and you need a certain set of skills to navigate this rocky path. But the good news is that this skills can be trained and built up over time if you put in the hard work and dedication. Without further ado, let us dive in.
When you are an entrepreneur, there will not be anyone to look over your shoulder and give you assignments to complete. If you want to take a day off, you don’t need to send an email or go to HR. You simply just go. It sounds great, but it means that you have a lot of responsibility on your hands. You are in charge of everything. That means that if there is something that needs to be done, you have to go do it. As you may have surmised, such responsibility will require a great deal of initiative.
If you are the type who starts organisation in schools and volunteer for charities, an entrepreneur’s life may be suited for you. If you find yourself to be somebody who sits around and wait for things to happen, then you may find that being an entrepreneur will be immensely challenging. You have to get into the mindset of taking initiatives if you desire to embark on the path of being an entrepreneur. It’s in all of us. You know what is better for you. Researching on market data, or watching that latest TV show on Netflix? Only you can make the choice.
When you run your business, you may find that you have to go out and hustle to get people to buy your products. Thus, interpersonal skills are very important. If you can talk well, and portray yourself in a decent manner, chances are that you will be more persuasive and the person will be more inclined to buy your product. Good interpersonal skills are also needed to network effectively. Nobody wants to partner up with somebody who cannot even speak up without stuttering.
This is not to say that being a loner will automatically disqualify you from entrepreneurial success. You can train your interpersonal skills by going out more and talking to people. Slowly but surely, you will learn to be more confident and be a better salesperson. Practice makes perfect.
Why do businesses exist? To serve people’s needs and solve problems. That is why people pay for them. In order to be a successful entrepreneur, you have to find newer and better ways to solve problems. This is to differentiate you from your competition. This is where creativity comes into play. Creative people can look at a problem and think out of the box. They can innovate and come up with better mousetraps. You will encounter problems everyday when you are an entrepreneur. Creativity will be immensely helpful.
When you are running your business, you will face competition. It’s a fact. It will happen. The sad thing is that your competitors would dearly love to see you go out of business. It’s a dog eat dog world and you require that degree of competitiveness to stay ahead of the curve and fend off competition. If you are not a competitive person, you have to learn to be one in order to become a successful entrepreneur. Strategise constantly and think about how to be better than others. A competitive nature will force you to not just be better but also be the best.
Hardworking and Disciplined
This is by far the most important traits when being an entrepreneur. At the end of the day, it is the most diligent people that reap the rewards, provided that they produce the results. Going by this logic, the majority of successful entrepreneurs are highly disciplined and extremely hardworking. They are willing to put in the hours, and work when everyone else is asleep.
If you are the type of person who procrastinates a lot and skims by life by doing the bare minimum, your business will suffer. The good news is that you can train these traits. It’s not going to be easy, but it is very possible. Work out a schedule. Try your best to stick to it. Perhaps you only get 50% the first time. Aim for 55% the next time. Slowly but surely, you will become a more disciplined person who can organist your time effectively. Discipline is a muscle. Train it!
It’s not an easy road being an entrepreneur. It requires grit and toughness. If you are absolutely sure you want to be one, check if you have the above traits. If not, be aware of them and train them up. For a good overview and quick tips on how to be a successful entrepreneur, you can click here.