Attributes Of A Successful Entrepreneur

in Entrepreneur

What does it take to be a successful entrepreneur? Does it require finances, the right idea at the right time, contacts or none of these? Many today would consider Steve Jobs as one of the most successful entrepreneurs of our time and some may not…

There are underlying attributes of all entrepreneurs. These include:

A competitive nature

Physical & mental endurance

Personal drive towards their vision

Quick recovery from failures

Wise judgments

Confident & brisk decision making

Inspirational leaders

An optimistic character

Tremendous communication abilities

This is quite a tall order however the advantage of most of these attributes is that they can be mostly taught. It can be often found that most entrepreneurs are not natural marketers when they establish their first successful company. They learn these attributes to expose their company to a wider audience. Many entrepreneurs educate on a regular basis to improve their skills and others delegate the attributes they are not a natural at or have a desire to become.

There is no strict criterion in becoming an entrepreneur. They can have many diverse characteristics in race, gender or age. There is however one attribute that is often overlooked and can be the most significant and that is anxiety. An apprehension of needing to know all facets of their business.

Successful entrepreneurs are constantly asking themselves questions about their company such as:

Are we ahead of our competition?

Are we satisfying our customer’s needs?

Where are we vulnerable?

Is our marketing being overlooked?

Are we in line with our profit and sales forecasts?

Do we have the funding to facilitate any future growth?

Essentially entrepreneurs are not satisfied until they have a strong grasp on every part of their business and it is running smoothly. They have a ‘six sense’ about their business and have developed a clear direction based on detailed analysis on all data they receive or source. This gives them the ability to make fast decision when opportunities arise.

Often entrepreneurs need to surround themselves with those that can guide them where they feel they need a different perspective. A truly successful entrepreneur always seeks outside specialised assistance in areas they feel they are lacking. A great place to start would be with a business review to ensure their company is heading in the right direction. Risk Management Sydney, Franchising Sydney.

At Illumina we are experts in building successful growth strategies that ensure you a stronger, profitable, more valuable business. Contact us on 02 9660 8557 or for a free, no obligation consultation.

Author Name: David Zaoui

Address: PO Box 647 Edgecliff, Sydney NSW 2027

Author Box
David Zaoui has 7 articles online

Author David Zaoui specializes in writing about Business Consultant Sydney, Small Business Sydney, Business Development Sydney, Consulting Firms Sydney, Coaching Sydney & Business Services Sydney subjects.

Add New Comment

Attributes Of A Successful Entrepreneur

Log in or Create Account to post a comment.
Security Code: Captcha Image Change Image
This article was published on 2012/04/06