14 Common Habits Of Successful Entrepreneurs

14 Common Habits Of Successful Entrepreneurs



An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative. Entrepreneurs become leaders because they perceive opportunities available and are well-positioned to take advantage of them. Most entrepreneurs share these common traits.

  1. Successful Entrepreneurs Create SMART Goals for themselves.
  2. They create, maintain, and expand their network of relationships and resources
  3. Constant investment in their network ensuring their connections and relationships are profiting personally from association with the entrepreneur.
  4. Successful entrepreneurs are some of the most educated (perhaps not formally) people, willing to listen to everyone and understand that timing is crucial in business.
  5. They are good at building teams and recruiting ‘smart employees who can can independently.
  6. They spend a lot of time talking to customers and potential customers to really understand their world and their needs.
  7. Incredible focus. The successful ones always know what they want and keep a laser focus on it at all times until it is obtained.
  8. Take risks – calculated or not. The great ones often practice fire-ready-aim at the outset.
  9. Successful entrepreneurs can recognize an opportunity, when they see it. They can distinguish between what is possible, and what is not.
  10. Clear and intriguing goals. Its not enough to have SMART goals, but goals that really get you excited when you think of the possibility of achieving them!
  11. They are always trying to find a way to improve, improve, improve…
  12. Truly successful entrepreneurs know when to get help – from an assistant, an accountant or a coach. They don’t try to do it all themselves.
  13. The ability and willingness to expect / demand the best work from everyone they interact with including vendors, employees, independent contractors, and service providers.
  14. Ability to communicate in a way that makes others feel important