Essential Characteristics and Mindset of Successful Entrepreneurs

Essential Characteristics and Mindset of Successful Entrepreneurs

Anas Bouargane 22/11/2019 7

The idea of having your own business can sound quite exciting. You are the one in charge and you call the shots. You also have potentially, the chance to earn an unlimited amount of money, depending on the kind of business that you’d have. But when you break it down, owning a business isn’t going to be for everyone. Owning a business can be hard work, a lot of work in fact, and can be stressful. And if it takes over, then it can make a massive difference to your life if you’re not able to cope with this kind of lifestyle. It does take a special kind of person to be an entrepreneur, because it is all about having the idea, and then putting things in place and putting them into action. 

Not all ideas are going to work, of course, with around half of businesses fail within the first few years of it being a business. It can sound quite daunting when you say it like that, can’t it? But a true entrepreneur will not see the risk, but rather, will be thinking about the reward that can come from this. It can also be a challenge for them, to beat the odds, so to speak. You have to put in a lot of time and effort to make the dream a reality. You definitely need to have the right motivation, attitude, and personality to make it as a successful entrepreneur (with a few practical things along the way as well). So here are some of the top things that you will need to be a successful entrepreneur.

Creativity

Entrepreneurship is something that starts with an idea. If you want to be successful, then you need to think of new and different ways of doing things, or better ways of doing something that already exists. Entrepreneurs are the kind of people that really think outside the box and will look for some creative and fun solutions to things. You’ll see the challenge in something, and will be creative enough to rise to the challenge in a new way. 

Passionate

One of the most important characteristics for an entrepreneur to have, is to have passion; it really is a key thing for a successful business owner, and even working professionals. If there is no passion behind the person, then there is no motivation or reason to get working or no drive to do so. The passion helps you to be dedicated to the business that you are creating, and you need to be passionate about what you are doing. If you want to be a success, then you need to be confident and passionate about what you are doing. Be passionate about what you are doing, and then you can be proactive with the business that you have and how you do it all.

Optimism

Are you the type of person that sees the glass half-full or the glass half-empty? The most successful entrepreneurs always see it as half-full, as they will always have a certain level of optimism. Entrepreneurs do tend to be dreamers, and they can be dreamers, planning and dreaming about the next thing. They will look at something and then in a positive way, look to do things better and change how things are done. They will genuinely want to change things and improve the way of the world. Instead of thinking about the roadblocks to get to where you want to be, then stop dwelling on the past or the negatives, start thinking of the positive things and what you need to be doing to make sure that you get there. See the problems as an opportunity rather than a challenge. This kind of attitude can help you to achieve more, reach higher, and get more done.

Organized

Now, being organized doesn’t always follow, as you may know a lot of people that are creative and entrepreneurial, but can be a little disorganized and scatter-brained from time to time. But generally, successful people in business will be organized, or will have someone to do it all for them. Being able to manage time well is really important, and managing your schedule is really important too. 

Some of the things that you need to look at are the tools that you use. These days, there is so much automation that can help us, as emails can be scheduled and so on. Having a good smartphone is a good idea too, as well as one with good 4G coverage so that you can get work done when you’re on the move. So if you need some new devices or need to switch your network to help you to be better organized, then it could be worth looking at a Three review, as well as other networks, to find the best option for you. So even if you’re not naturally organized, you can learn to be, and that can help if you are planning to go into business and work for yourself.

Future-oriented

On a similar note to being positive, then entrepreneurs do tend to be focused on being positive and moving forward in life. Successful entrepreneurs are looking towards the future and will see and know exactly what they want to have and have things look like. So being quite goal-oriented can be a good idea, because then you can know what you want your future to look like. Setting goals and then aiming to tick them off, is really important. So having a vision that is strong and can help you to get to where you want to be, is something that can help to propel you on and help you towards achieving. So think about setting goals for yourself, and then it can be something to aim for and to start off your path. 

Resourceful

In business, there are things that come up that aren’t ideal. And problems will happen, so you need to be prepared for what problems will come up, and not if problems come up. In order to be successful in business, then it is important to not shy away from these challenges that come across in business or the conflicts that you might have. Instead, it is important to face solutions head on, and then you will be able to create a solution for the problems that still come up. Successful people in business will also know how to make the most with whatever they have. They will make the most of any budget that they have, any time that they have, and so on. All things will be planned out and will have a purpose. 

Decisive

When time is money, there isn’t much room for procrastination. If you have customers, then you need to have things in place; there needs to be no messing about. Which is why many successful entrepreneurs are decisive and make decisions quickly and effectively. Having said that, it doesn’t mean that all decisions are going to be right every time. But the fact is that a decision is made and change does happen. They aren’t worried about making decisions to get them to where they want to be. It is all about seizing the day!

So if you want to be more of a successful entrepreneur, then you need to make sure that you don’t let any opportunities pass you by. Get involved and get the job done; it can be easy to talk yourself out of things, rather than just getting on with it. How best would you describe being an entrepreneur, or what makes a good one? Are there any of the things here that you relate to? It would be great to hear what you think.

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  • Andrea Page

    Some really solid points in there.

  • Scott Dawson

    Entrepreneur or not, those tips can help anyone.

  • Karl Watson

    Thank you Anas! It is highly motivating and inspiring!

  • Brett Bowmer

    Eventually, when the time is right, you will get it. It's just matter of time and perseverance.

  • Chris Lucero

    This is so true !!

  • John Mcleish

    Great article

  • Pat Robinson

    I think that learning from mentors and from successful people in your craft accelerates your entrepreneurial journey.

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Anas Bouargane

Business Expert

Anas is the founder of CEF Académie, a platform that provides guidance and support for those willing to study in France. He previously interned at AlphaSense. Anas holds a bachelor degree in applied economics from the University Paris Sud.

   

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