![]() |
Entrepreneurialism Information |
|
|
How Entrepreneurs Succeed - The 5 Qualities Needed For Business Success
What is it that sets a successful businessperson apart from an average businessperson? Is it down to pure and simple luck, or is it all about having an amazing idea and a successful and strategic business plan in place? Well, these factors do indeed go a long way to turning a good business idea into a successful business operation, but they have nothing to do with what makes the 'person' succeed at business. Every great entrepreneur naturally has 5 key attributes that sets them aside from their competition and that ensure they will succeed where others may fail. These 5 personal qualities will all reflect upon the entrepreneur's business and they will mean the entrepreneur grows and develops every area of their own personal expertise to become not only the strategic thinker behind the business, but the strategic manager poised to lead the company forward to achieve even greater success. The 5 qualities that every entrepreneur shares and that are the keys to their business success are: - 1) Desire - To succeed you have to have a massive desire to break out of the average 9 - 5 grind, to step off the employee-job-salary treadmill and to put your ideas, ideals and beliefs into action. An entrepreneur's desire for personal fulfilment and professional success is his number one key strength and that which will force him to start out in business in the first place. This desire to achieve will become a desire for success and this desire for success will be reflected throughout the business. 2) Positivity - Entrepreneurs have a positive mental attitude towards their life, their business and themselves; they are not restricted by disappointments and regrets and they look forward not backwards. A naturally positive person sees opportunities where others see obstacles, a naturally positive person frees their mind from negativity and disappointment so that it is free to dream, imagine, develop and expand. 3) Commitment - To succeed you have to be committed to putting in the hard work necessary to build a business from the ground up. You have to commit to your beliefs and desires, you have to commit to your business idea and you have to commit to the employees within your company. With commitment comes effort, with effort comes results, with results comes success! 4) Patience - Patience and commitment go hand in hand, and the patient entrepreneurs who dedicate themselves to working away at their business day after day will reap the rewards of their patience when the steady and focused hard work pays off in the form of positive and successful results. 5) Persistence - Nothing is ever straightforward or without contradiction or change and the future is unknown. These factors mean that the final key entrepreneurial attribute is simply critical to success. When obstacles appear, when goal posts are moved and when 'these things are sent to try us' you have to persist with your ideas, persist with your hard work and keep focused on success. With patient and committed persistence the desired results will come. Rhiannon Williamson is the publisher of Shelter Offshore, an online motivational magazine designed to help those seeking new lives and business, investment and real estate opportunities abroad. Read more of her articles about working, living, investing and buying property abroad, visit Shelter Offshore
MORE RESOURCES:
Entrepreneurialism - Google News |
RELATED ARTICLES
The Cockroach Test Let me ask you a question? Imagine I would offer you $10 for eating 10 living cockroaches. Would you do it? Now listen, I raise the ante and offer you $100. The Danger Of Hate As you have shown an interest in starting a business of your own it would be safe to assume that you want to change your life. You want more money - more control over your life - more respect. Creativity & Entrepreneurship: The Secret to Discovering Your Purpose in Life!© Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship we begin with a guided meditation that I created entitled: Dream Keeper-Gift Giver©. You ask: what in the world does this mean? Well, it's a very profound secret I discovered about myself fifteen years ago. How To Find Focus And Turn Your Talent Into A Thriving Professional Business There are tons of books and articles available to help professionals start up their business, but few that give practical insights on how to nurture your business once it's out of its infancy. At some point, every self-employed professional reaches the same dilemma: how to build a strong brand and grow their business without taking on too many clients, undervaluing their expertise, or sacrificing their lifestyle. The Business Leader as Ultramarathoner Have you ever heard of an ultramarathon? A standard marathon is just over 26 miles. An ultramarathon is usually on the order of 50 or 100 miles, though there are some that span one thousand! Imagine the endurance required to run such a race. How to Be an Entrepreneur and Keep Your Sanity Define for yourself what an Entrepreneur is:What makes you think you can start and grow a business?Do you make something that people just have to have?Are you talented in a way that make you stand out from the crowd?What makes you different from Joe Schmoe?Conduct a quick skills assessment and ask yourself what makes you stand out from the rest?What are your ultimate goals? Why are you striking out on your own?· Burning Desire · Financial Empowerment · A new beginningWhat's the Big Idea: Contrast your strengths and weaknesses. Identify your hobbies, skills or your any innovative products you've created, then:· List it · Test it · Work it · Sell itTick-Tock-Tick-Tock. Entrepreneurship Story; Over Regulation in Franchising Final Chapter Sally and Jim have launched their automotive franchise business and are now selling franchises; problems arise as lawyers and over regulation threaten to ruin their life's work, see how it ends; tragedy or success. A realistic story of modern day franchising. Six Degrees of Separation Through just five or six intermediaries, you could be linked to millions of others. It is the notion behind what has been dubbed the small world effect. Entrepreneurial Emotions or It Seemed Like a Great Idea at the Time It's your first business or the next Great Idea in your ongoing business, online or offline, it doesn't matter. The roller coaster ride is a theme and variations on the same experiences. Does It Really Take Money To Make Money (Online or Offline)? A Reality-Check of 2 Case Studies The short and simple answer to this question is NO!Now, before you start screaming that I am crazy, out of my mind, have lost my marbles and all the other things that generally get tossed around when someone has the nerve to state something like that, let me clear a few things up.It does not take a monetary investment to get your business off the ground (aside from the everyday items you already have around your house). Do You Have What it Takes to be a Successful Entrepreneur? Print off this page, take the quiz and find out if you've got what it takes! See the scale at the bottom to mark yourself.Answer the following questions on a Scale of 1 - 51 - definately not 2 - not likely 3 - sometimes 4 - probably 5 - definitely--------------------------------------------------------------------------------1) Do you have many hobbies (besides TV viewing and playing video games)? ____2) Do you take a leadership role in group settings? _____3) Can you discipline yourself to finish a project, even if it means late nights and low recognition from your peers? ____4) Do you often think of new and innovative ways to do things? _____5) Do you enjoy meeting new people? ____6) Have you had success in the past in planning a project, and carrying it through to it's completion? _____7) Would you consider yourself a positive person? ____8) Even when things go wrong do you try to "learn a lesson" from the experience? ____9) Do you enjoy working alone? ____10) Do you manage your time well? ____11) Do you like to set goals and achieve them? ____12) Do you like to take calculated risks to achieve an objective? ____--------------------------------------------------------------------------------ScoringIf most of your scores are 5's you have a very strong "entrepreneurial streak" and should strive for your goals. Abstract Business Marketing Strategy for the Entrepreneur If you look at those Corporations in franchising today you see the great companies that use these systems to move markets and deliver products and services to America. Franchising is obviously a power play in the marketing strategy game book. Focus is the Key to a Successful Startup The definition of a startup means you have very few resources to employ and little time to get them to do something valuable. The clock is always ticking, and the money (if you even have any) is running out by the day. Electronic Tools for Entrepreneurial Success "Half of any job is having the right tool" was one of the earliest lessons I learned from my father growing up on a farm in Nebraska. As an organizing and productivity consultant, it continues to serve me well. Mobile Car Washing Long Term Opportunities in the Market The long-term outlook for the Mobile Car Washing industry is positive. It is ripe for savvy company to develop regionally or nationally to dominate the market. Franchises-Exit Strategy At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses are bound for failure. Needless to say, there were a few shocked faces in the crowd. My Nemisis Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive. PTO; Justification of the Means and the Ends Some would say about certain issues that the means do not justify the ends. Well more often the ends do not justify the means. Entrepreneurs - 9 Top Mistakes to Avoid 1. Isolating Yourself When setting up a business, you can get so overwhelmed with the administration that you don't focus on building up your network. A Startup Never Closes When it comes to a startup, the luxuries shared with established companies are few and far between. Chief among them is the luxury to close at the end of the day. |
| home | site map |
| © 2006 |