Name:
Location: United States

Sunday, July 30, 2006

Characteristics of the Successful Entrepreneur

Studies have shown that successful entrepreneurs possess these characteristics:

1. Self-confidence

This is that magical power of having confidence in oneself and in one's powers and abilities.

2. Achievement Oriented

Results are gained by focused and sustained effort. They concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks.

3. Risk Taker

They realize that there is a chance of loss inherent in achieving their goals, yet they have the confidence necessary to take calculated risks to achieve their goals.

Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies. They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck.

So which of these three main characteristics is the most important? Believe it or not, it has to be self-confidence. Without self-confidence, nothing else is possible. If you don't believe in your abilities, then the first challenge that arises may knock you off the path to achieving your goals. Here are a few things to keep in mind for maintaining a higher level of self-confidence.

Positive Thinking

Well, it all starts with a positive attitude, doesn't it? Believing that something good will happen is the first step. Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter you from reaching your goals. Remember too, that positive thinking can be contagious. When positive thinking spreads, it can open doors to new ideas, customers, friends, etc.

Persistent Action

Now all of the positive thinking and believing in the world is useless if it is not applied towards a goal. You have to take action, no excuses are allowed. This action must also be persistent. Trying once and then giving up is not going to be enough. Keep at it one step at a time. If you can't get by a certain step, then find a creative way to try again or just go around it.

At the beginning of this article we identified a few traits that are common among successful entrepreneurs. You should be able to look ahead and see yourself where you want to be. Now just maintain a strong belief in yourself and your skills, stick with it, and don't give up. If you can do that, you're already half way there!

Blogini


The Millionaire Mind

7 Comments:

Blogger Dr Rob Yeung said...

I was asked to contribute to an article a few weeks ago about what it takes to be an entrepreneur - I blogged about it yesterday:

Have you got what it takes?

12:20 AM  
Blogger Rita Earle said...

Mary Rita Earle here. I really found your blog interesting, Nap. I am always looking for good content for my site make money from home, and with posts like Characteristics of the Successful Entrepreneur I think I might be returning to you blog often. Keep up the good work!

2:14 AM  
Blogger Rita Earle said...

Hey Nap this is a pretty cool blog! You make some very good points in Characteristics of the Successful Entrepreneur. If you have any interest,take a look at my affiliate marketing site. I hope you might find something to interest you there.

12:33 AM  
Blogger Rita Earle said...

Hi Nap, I really like what you have done with your blog! Very interesting content you have with Characteristics of the Successful Entrepreneur. Good, quality information can be hard to find, but I am always looking for it, and ways to improve my blog site home based business opportunities. Great job here.

3:43 AM  
Blogger Rita Earle said...

Hi Nap, I really like what you have done with your blog! Very interesting content you have with Characteristics of the Successful Entrepreneur. Good, quality information can be hard to find, but I am always looking for it, and ways to improve my site home based business opportunities. Great job here.

4:03 AM  
Blogger Prohome Income said...

Thanks for this post!!!
You gave great information about home internet based business..
People need to stay home and raise a family is a key reason this choice is regularly made. Also, people starting up in their own businesses often choose to work from home because it provides a cheaper option.

5:26 AM  
Blogger stacie28 said...

thanks for this great and informative post, Jack! I enjoyed reading it! Characteristics like positive thinking, patience, ambition, self-confidence or optimism helped entrepreneurs like Yury Mintskovsky, Mark Zuckerberg or Warren Buffett to have success in their business. These people are great role models for us!

6:47 AM  

Post a Comment

<< Home