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.
- Successful Entrepreneurs Create SMART Goals for themselves.
- They create, maintain, and expand their network of relationships and resources
- Constant investment in their network ensuring their connections and relationships are profiting personally from association with the entrepreneur.
- 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.
- They are good at building teams and recruiting ‘smart employees who can can independently.
- They spend a lot of time talking to customers and potential customers to really understand their world and their needs.
- Incredible focus. The successful ones always know what they want and keep a laser focus on it at all times until it is obtained.
- Take risks – calculated or not. The great ones often practice fire-ready-aim at the outset.
- Successful entrepreneurs can recognize an opportunity, when they see it. They can distinguish between what is possible, and what is not.
- 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!
- They are always trying to find a way to improve, improve, improve…
- 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.
- The ability and willingness to expect / demand the best work from everyone they interact with including vendors, employees, independent contractors, and service providers.
- Ability to communicate in a way that makes others feel important
