My 6 Year Old Seems To Have No Common Sense Seven Key Qualities of Successful Entrepreneurs

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Seven Key Qualities of Successful Entrepreneurs

A recent poll by Forbes magazine shows that majority

the readers would rather be billionaires than

a Nobel peace prize winner, a great scientist or a famous athlete.

There is no secret that most average people dream of

become rich although very few make a real effort to become one.

According to statistics, more than 100 thousand people

millionaires every year in the United States alone! Taking over

most of them are self-made and business owners. This

means, if you want to pursue your goal of being rich,

you have to start your own enterprise.

Being an entrepreneur is not an easy job! There is certainty

features that are absolutely necessary if you want

be successful in your business ventures. Some of these

traits are parts of your innate personality, and

some of them are developed over time. To know these

characteristics and identify your weak ones – those, who

need strengthening – it will help you, eventually, to become a

a successful entrepreneur.

1. General Awareness

Studies show that the most successful business people consider common

awareness as the basis of success. Common sense explained

as the ability to make a sound judgment on the issues, which you

encounter in everyday situations.

Good judgment depends on acquired knowledge and past experience.

The combination of these two creates essential prerequisites in

develops general awareness in a person. Common sense gives you a chance

to understand complex questions in simpler terms and get to the heart of it

of difficulty.

2. Expertise in your field

It is easier to start a successful business, if you have a deep

knowledge of the field of business you decide to pursue. About

half of home business startups are launched by people who decide

the use of the knowledge, which they received from the work they did before

knowledge of a particular field.

Philip Green, billionaire, who made his fortune in clothing

sales, claiming that his experience is the cornerstone of his success

of rag trade. He can apparently price clothes just by touching them

it between his fingers. He can just by looking at the coat rack

predict which ones won’t sell next season. That’s the type

knowledge needed to be successful

entrepreneurship.

About 45 percent of startups don’t last more than two years

years. One of the main reasons is that there are not many entrepreneurs

gather required business knowledge before jumping into business

world

3. Self confidence

Self-confidence is a key entrepreneurial skill for success. it is

easily disappointed, frustrated and resentful if you lack

self confidence.

Self-confidence is related to how a person feels about himself

ability A successful entrepreneur believes in his abilities. he is

not afraid to explore uncharted territories, take risks and take

difficult decisions.

Self-confidence, however, is not a personal characteristic of yourself

you either have or you don’t. A person can have high self-confidence in one

condition and completely lacking in another. This is one of those skills

which can be improved with training.

4. Ability to get things done

Successful entrepreneurs are persistent and hardworking. them

master of self-discipline to that extent if work is important

and related to their goals, they will, finally, finish it.

Accomplishing things is the vital link between motivations and theirs

result. Sometimes, entrepreneurs force them to choose a job

just kidding, pleasant versus pleasant work, working for a fee

papers rather than reading a glamor magazine. This requires a

self control that many people just don’t develop in them.

5. Creativity

Creativity is the ability to use your ideas and think

new solutions to old problems, do things differently

or find a completely different approach to ordinary things

joint venture. Entrepreneurs need creative thinking ability

almost in everything. Every new product, every new marketing

approach, every business decision – all these are fertile ground

for creative thinking.

Often, entrepreneurs are very successful thanks to one

one creative idea!

6. Leadership ability

Successful entrepreneurs are able to lead and get people

work they did. They use a variety of different methods –

effective motivation, planning, coaching and evaluation – to

lead people. They are concerned about the well-being of others

and easily get along with people.

7. Self-reliance

Successful entrepreneurs try to take full responsibility for

their actions. They know what it is today, and what

they are going to be tomorrow, depending only on themselves,

because it is the result of their own choices and decisions.

They are proactive people, who set goals, go the extra mile

to fulfill them and rely, in particular, on their own resources

and capabilities.

If you want to know if your personality fits it

typical business profile, the following site

a questionnaire to help you evaluate your business

skills:

[http://www.rateyourself.com/subject.cfm/Subject_ID/2]

If, indeed, you have these great virtues and you feel them

very confident about yourself, you will never know how good

you are an entrepreneur, if you don’t give it a try! So, the

The best way to test your abilities is to start something new

campaign!

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