Success Qualities of Successful Entrepreneurs

by Glady on June 27, 2010

I’m always fascinated by entrepreneurs, and have wrote articles about it.

Entrepreneurs are the prime movers of business and industries, and as a result of their risk taking, imagination and innovativeness, were able to establish companies that give employment to people and improve the quality of our life.

small business, entrepreneurship

What about you? Are you thinking of becoming an entrepreneur?

If you have the “never say die attitude”, don’t like to quit and can stomach failures and crisis, then you may have what it takes to be a successful entrepreneur.

The entrepreneurs and businessmen and women who make it to the top and became successful are not familiar with fear of failure. In a Forbes study of 50 of the top entrepreneurs and business leaders some years ago, it was found out that almost all of them said that if their business had gone under, they would have started another.

To become a successful entrepreneur, you need to have the following qualities:

1 . Self driven and confident, and have the ability to inspire confidence in others.

2. Persistent, patient, and wanting to keep on trying, despite failures.

3. Flexible, able to keep on trying, and believe in the adage that “try and try until you succeed.”

4. Daring, not afraid to take a risk.

5. Independent, getting more satisfaction and fulfillment from being responsible to yourself than from getting the praises of superiors.

6. Visionary, knowing where you want your business to go and how it should get there.

So, do you have what it takes to be an entrepreneur?

(This is a guest post by Eli of Business Sphere Consulting)

image credit: mikebaird

Article by

Glady has a fulltime job but always on the lookout for rakets or any money making experiments to achieve financial freedom.

{ 4 comments… read them below or add one }

Tyrone | Millionaire Acts July 7, 2010 at 2:02 pm

Entrepreneurs give the foundation of a strong economy.

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Glady July 8, 2010 at 6:11 pm

That is so true. SMEs account for more than 70% of the workforce in the Phil.

Reply

Tim | Every Peso Counts January 3, 2011 at 10:22 am

What entrepreneurs do seem like a lot of fun until you get out there on the field and be the one to play. However what keeps these entrepreneurs from quitting is that they have set their minds on their goals, the benefit is more important than the process.

Reply

Glady January 6, 2011 at 11:17 am

It’s not easy to be an entrepreneur but I believe it can be learned. It’s easy for Chinese to be entrepreneurs because they learned the process at an early age. That’s something we Pinoys lack. We were mostly raised to become employees.

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