What Qualities Make Entrepreneurs Successful?

successful entrepreneursYou've probably heard it said that if you aren't the lead dog, the view never changes. The literal interpretation is easy to understand if you're a sled dog-but how does it apply to our lives? In a word, it's about leadership. Instead of being at the bottom of a very large corporate organizational chart (in a little square that covers everyone in the department), the leader is at the top or very near the top. There's a special square just for his or her name and position. That's how powerful and important leaders are to an organization. In fact, they are very likely the ones who took the initiative to form the company in the first place-or to work for it when it was just beginning. They were willing to take a chance and believe in themselves. They may be corporate executives now, but they began as entrepreneurs.

What are the character traits that make people succeed as their own bosses? What motivates them to step up and decide to change a less-than-wonderful life into the life they want? It just so happens that successful entrepreneurs have certain qualities in common.

1. Entrepreneurs have strong and steady goals and ambitions. They might be working for someone else right now, but they see their job as just a stopping-off point because they envision much more from life. They know there's got to be a way to make a living doing something they enjoy, whether it's a hobby or a new and exciting interest. They spend time looking at the whole picture-asking themselves "What do people want now?" and "How can I provide that?" Entrepreneurs don't think, "Somebody should figure that out." Instead, they're already making lists of what they need to do to meet the needs they've identified. For example, while everyone else is complaining about the price of gas, the entrepreneur is figuring out how to provide a citywide carpool matching service.

2. Entrepreneurs envision success. Plenty of people think "If only I could find a better job, I'd be happier," but they stay at the same job year after year. They might visualize their ideal job, but they take no action to get there. Entrepreneurs, on the other hand, see themselves succeeding. Whether you call it "the power of positive thinking," "the will to succeed," or "the secret," the system of visualizing what you want is a method that has been proven to home business entrepreneurwork. If you've been to a Little League baseball game lately, you may have heard the coach tell a batter, "Watch the ball hit the bat." In other words, visualize success, feel that bat crack the ball over the fence! It works for adults just as well if you dare to believe in yourself and let yourself feel what it's like to reach your goals. The wonderful thing about this system is that it builds and rebuilds upon itself as your self-confidence increases and you meet more and more of your goals.

3. Entrepreneurs listen and watch. James Naismith was a physical education instructor who noticed that his students' active lives seemed to end in the fall with the last football game and didn't pick up again until baseball and track in the spring. Like many entrepreneurs, Naismith listened to what the kids were saying-something along the lines of "I wish there was an exciting ball game we could play inside." Naismith watched and listened, identified a need, and invented basketball in 1891, using a soccer ball and peach baskets.

Entrepreneurs don't ignore people who tell them "It can't be done." But they do see such people as a good source of difficulties they might not have thought of-problems they'll include on their list of issues to address as they make their business plans. So they listen to these people, smile politely, and file away their ideas. Entrepreneurs are always looking for inspirational books and videos, too. They like to listen to or read about other people who believed in themselves and made their own dreams come true. They think, "If he did it, so can I!"

4. Entrepreneurs are good organizers. This doesn't mean that they're perfectionists and arrange their spice cabinets alphabetically. It does mean that entrepreneurs know how to research what other people are doing with the same ideas, or they find someone reliable who can do the research for them. They don't jump into the pool before they test the water. They are not at all proud when it comes to asking for guidance from others on any topics that pertain to the business they have in mind. They realize that they need a fair estimate of how much money they will need, what equipment is necessary, whether they can run the business themselves or will need to get others involved. They keep good notes, write down phone numbers, collect business successful entrepreneurscards. They make "to do" lists and highlight good ideas. They store away the best information from all sources and make their decisions accordingly.

5. Entrepreneurs keep their eyes on the goal. Even though they've developed the best business plan they possibly can, they realize there will probably be obstacles and minor annoyances. They don't let these dissuade them. In fact, they welcome the challenges that they know will make them and their business enterprises stronger. If a customer complains about something, it simply means that they need to address that individual customer's concerns and figure out how not to let that problem occur again. And always, always, the goal is uppermost in mind.

6. Entrepreneurs don't entertain thoughts of failure. It just isn't part of the vision they have of themselves. They don't even question whether they are going to make something happen or not. They just are, period, and they know this because they know they've got a good idea, a good business plan, and all the personal qualities it takes to make everything work. The only option is success, the triumphant unfolding of all their plans and dreams. They believe it, and it happens.

How about you? Can you identify with these qualities? Ate you tired of other people profiting from your ideas? You can put your name at the top of the chart if you really want to. It's as easy as filling in the form below for free information about starting your own business. Believe in yourself!


Wendy Matthews
Certified NLP Practitioner & Life Coach
1-800-801-8948

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