“Entrepreneurs love to view risk as binary. The more you put on the line, the greater the potential for reward,” said Jason Fried, founder of 37signals, a privately held web-based software development company and the co-author of the international bestseller Rework.
To run a successful business is a complete art but not everyone can master this art. Some are born with the qualities of a successful entrepreneur and there are some who work hard to develop these skills to become successful.
Here is what it takes to be a Successful Entrepreneur:
Resolute motivation and passion:
The most important behavior of an entrepreneur is that they are very passionate about their goal. Well, if you do not have passion then you will not able to achieve anything. It is your passion that makes you motivated to follow the path of success, this can be seen in successful entrepreneurs when they take on new tasks and try to learn new things so that they can achieve their goals.
Self-discipline:
If we talk about the characteristics of an entrepreneur then the first one in the line is self-discipline. But to obtain this characteristic one should be very well aware of their inner selves. If an entrepreneur is able to accomplish important tasks in any type of situation then he can achieve great success. If you want to get a job done, you need to have a sense of responsibility and you can obtain that if you can control your emotions and yourself.
Risk-taking ability:
Well, to start a business or to be an entrepreneur is all about taking risks. This is true that entrepreneurs take greater risk to achieve greater success, but again not all risk-takers can become a successful entrepreneur. A good entrepreneur is updated about every aspect of the market, so they are clear about where to take a risk and where not and even if they fail, they can find better solutions to overcome those problems. They are always ready with a plan B because they are aware of how their risk can affect the company.
Creative thinking:
Well, every successful person has some similar qualities and creative thinking is one of them. There are lots of things that flow in their minds, so anytime they can provide you out of box creative ideas. They have the ability to think of a wide range of ideas to get you a perfect example to make your work progressive. If the entrepreneurs are able to provide creative thinking in a hectic situation too then they are going to succeed in their goal.
Persistence:
The most basic and important quality of an entrepreneur is being persistent and you will see that anytime. There can be many times that even the most successful entrepreneur can face failure but even then they are able to carry them self to move towards the goal is known as persistence. No matter whether you win or lose, your performance should never misbalance.
Llionel Kambeitz is a recognized Canadian business developer, with direct experience in international business affairs. He was a founder of many Canadian and United States-based private companies as well as Canadian-based public companies. Previously, Llionel Kambeitz was elected to be the chairman and president of a Canadian Manufacturing Association.
