Ten Winning Traits - That Make A Difference!

Are you tired of schlepping to the beat of someone else's drum? Does the idea of being your own boss appeal to you?

Are you entrepreneur material?

There are ten common traits among winners and the most successful entrepreneurs.

Ten Winning Traits!

An Eye For Opportunity: Many entrepreneurs start by identifying a common need and using some basic elbow grease and imagination to deliver a solution.

Independence: Even though most entrepreneurs know how to work within a framework for the sake of profits, they enjoy being their own boss.

An Appetite For Hard Work: Most entrepreneurs start out working long, hard hours with little pay. They are driven by their vision so "hard work" to them is also just a matter of doing what they love and following their dream.

Self-Confidence: Entrepreneurs must demonstrate the winning trait of self-confidence in order to cope with all the risks of operating their own business. They are empowered with the knowledge that each barrier is placed in front of them for the purpose finding a way to knock it down and move forward.

Discipline: Successful entrepreneurs resist the temptation to do what is unimportant or the easiest but have the ability to think through to what is the most essential.

Judgment: Successful entrepreneurs have the ability to think quickly and make a wise decision. They possess the common sense and good judgement of asking others opinions, but after gathering all available information, they make their own decision.

Ability To Accept Change: Change occurs frequently when you own your own business. This is one of the most important traits as it provides freedom to the entrepreneur who thrives on change - they understand that change is opens the door to new opportuntity and growth.

Makes Stress Work For Them: On the roller coaster to business success the entrepreneur often copes by focusing on the end result and not so much the process of getting there. To be sure, this is one of the more difficult but necessary winning traits.

Need To Achieve: Although they keep an "eye" on profits, this is often secondary to the drive toward personal success.

Focus On Profits: Successful entrepreneurs always have the profit margin in sight. They know that their business success is measured by profits and their business survival is dependent on good cash flow.

How many of our ten winning traits do you possess? Do you belong to this entrepreneurial profile or would you rather maintain a more regular 9 to 5 job, pick up your paycheck every other week and leave the headaches to someone else? Most people, quite easily, choose the latter. They do NOT possess the winning traits of entrepreneurs.


Source: Free Articles from ArticlesFactory.com
Author: Richard Gorham

Very interesting and realistic write-up. It is a refreshing change from those who exhort to "follow your dreams" without mentioning abilities.

I read a book on venture capitalists which stated that they fund teams and execution and not ideas alone. Accoutring to them many people have ideas but few have the execution.

Execution reminds of India's greatest post independent industrialist, Dhirubhai Ambani. The Ambanis are known for their brilliant conception and execution. Though my article on lateral thinking, it features the Ambanis and covers some other points mentioned:-

http://www.lifepositive.com/Mind/per...th/lateral.asp

An eye for opportunity,appetite for hard work, self confidence is very interdependent when you are a scientist entrepreneur like Thomas Edison or Henri Ford. For details refer to my article in the HRD magazine "Management compass". Related link under My published articles in Magazines- http://mypyp.wordpress.com/