Wednesday, January 30, 2013

7 Attitudes and Behaviors of an Entrepreneur

Wherever you are in your current stage in life, you've probably thought about the possibility of starting your own business.  Even if it was just a fleeting thought, it is ingrained in the concept of the "American Dream".  With that in mind, it's important to understand that successful entrepreneurs often have similar characteristics that allow them to get through the tough times and succeed where others might fail.  Here is a list of the 7 most desirable traits:

Motivation to Excel - The ability to set and achieve goals while also being aware of your own strengths and weaknesses.

Creativity, and adaptability - Not fearful of failure, being adaptable, and never being satisfied with the status quo.

Tolerance of risk, uncertainty, and ambiguity - able to manage stress, understand and analyze the risks of a given situation, and being able to deal with uncertainty

Opportunity obsession - obsessed with value creation, and has intimate knowledge of what a customer truly needs

Leadership - Inspires others, and is a team builder.  Superior learner and teacher.

Courage - Not afraid of conflicts and failure while maintaining moral strength

Commitment and determination - Willing to undertake personal sacrifice, and intensely competitive in achieving one's goals.

If after reading the above traits, you are saying to yourself that you meet all or most of those descriptions, then maybe starting your own business is right for you.

Wonderful Moment of the Day: The days are getting longer so it's actually nice to see the sun at 5:20pm!

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