What Traits Of An Entrepreneur Should You Emulate?

I was listening last night to a webinar and the speaker was talking about the traits of an entrepreneur and one of the first ones he came up with was that you had to be a little bit crazy. This is one that I tend to agree with. To have the desire to be a true entrepreneur, you have to be willing to accept a certain level of risk and do what ever it takes to succeed.

You also have to look at the world in a positive way, no matter how difficult things get and sometimes you have to not know when to quit. This is why I think he feels like you have to be a little bit crazy, because most people have a certain tolerance point for pain and then they are ready to give up. To be an entrepreneur, you have to have such strong focus on the prize that it blocks out all other thoughts. Including thoughts of doubt, failure and frustration.

So, while I might use a different word. I would accept his comment that you have to be a little bit crazy to want to be an entrepreneur.

To Succeed Requires More Then Just Drive

While drive is an incredible trait, it has to be coupled with focus and a willingness to learn and be taught. Unless you are the one person on the planet that knows everything about everything, there is a lot to learn to be successful in any business. A true trait of an entrepreneur is accepting that there are many smart people out there with a lot to offer. To be a true student of success, an individual needs to spend part of every day trying to learn something new.

I’m not sure who coined the phrase, but I have heard it over and over through out my adult life, “leaders are readers”. With all the options out there, that might include webinar watchers and MP3 listeners as well. But learning from those who have come before you and have made all the mistakes you want to avoid is an important trait of an entrepreneur.

Working On Your Business Instead Of In It

If you have not read the Emyth Revisited, I strongly recommend that you do that. This is one of the most important traits you can pick up as an entrepreneur. It seems that most entrepreneurs tend to want to do everything themselves. I can verify that, as a serial entrepreneur, I always think I can do things best. My view and that view in general is a recipe for failure.

To be a master of your business fate, you need to understand your business from the top down and know how to develop tools so that others can focus on the day to day operations, so that you can drive the direction and strategy of your business. Put another way, it’s a lot more fun to drive your car then fix a flat.

The traits of an entrepreneur are many. But the most important ones are to be in charge of your business and not get lost in it. Be a little crazy sometimes and always focus on the top of the mountain, not the ruts along the way.

Here are some additional sites that I have found to be helpful to entrepreneurs. Thanks for visiting The Entrepreneur Success Team!


From Side Gig to Full-Time Entrepreneur in 10 Steps - Yahoo! Finance
Social Entrepreneur - Dictionary.com - Reference.com
Video - Entrepreneur Philanthropist Rapper: 50 Cent at the Wall ...
Entrepreneur Walk of Fame Opens in Cambridge - NYTimes.com
AOL.com Video - How a Woman Entrepreneur Becomes Female ...
Entrepreneur: Crossword clue solutions from Answers.com

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