The Qualities of an Entrepreneur – My Top 10

The qualities that every Entrepreneur has in common are numerous and I have chosen the ones I know as the top 10 qualities and characteristics that are present in all Entrepreneurs.

Think of some entrepreneurs you know, people who have achieved great success in their lives, and consider what makes them go on and do so well. Many of them have done it against all odds and, for many, their desire to succeed has been the result of necessity and desperation. I believe that when someone is really desperate, he will do anything to make things better and the force of this determination makes any limiting factors or limiting beliefs disappear.

The Qualities that Every Entrepreneur Has, from 1 to 10:

1. A vision

They know what they want, they visualize themselves doing it. So they have the ‘What’ and they have to work hard to make the ‘How’ happen. They do this by furiously networking; it is rare for a true entrepreneur to have a conversation with someone without a purpose. They may not even realize they are doing this, their natural curiosity to learn about people and thereby learn what people want is inherent in every entrepreneur. So the next time you feel like you’re being grilled at a social gathering, just think, “Is this person just being nosy, or is he an entrepreneur thinking about his next venture?”

2. In belief

All entrepreneurs believe strongly in their ability, although many successful people have said that they often had no idea what they were doing from one day to the next. Their inner belief is what led them to success, they knew that whatever obstacle they encountered, they would not stop at it. Subconsciously they know that obstacles are what drive them and figuring out how to get around them and eventually getting around or over them is their main motivator. Your belief, conscious or not, is what drives you forward all the time.

3. Courage: They face their fears and just do it.

All entrepreneurs have courage, even if they don’t admit it to themselves or anyone else, but they have it in abundance. They may come across as confident, but deep down they’re shaking with nerves and anticipation, but at least they’re taking action. That is what puts an entrepreneur above the rest, they are always taking action. They don’t spend a lot of time studying for them, they learn everything they need to enable them to take the right action and they just do it.

4. Ambition and Determination

Every successful entrepreneur has ambition and determination, although I must say that determination is the main factor of the two here. Although they have ambition and a lot of it and know that they want something better for themselves and their families, just knowing it is not enough. Determination, that steely drive they have that drives them to constantly make things happen is what separates an entrepreneur from the usual business person of him.

5. Patience and perseverance

Every entrepreneur has patience and perseverance, although entrepreneurs may have less of them than other normal people. This is because his vision, coupled with his belief and determination, pushes them toward their next goal all the time. All entrepreneurs know, however, that success does not happen overnight, they know that it requires effort and they know that they will make mistakes in the process. However, what they never do is lie down and play the victim when something doesn’t go as planned. They use that obstacle as a learning process for the next time and use the learning from that to propel them to their next challenge.

6. Creativity and Innovation

Entrepreneurs are by nature creative and innovative. You can even see this quality in young children. Some children are financially rewarded for doing chores, some children are financially supported by their parents for doing nothing, and some children are looking for ways to earn their own money. These are the entrepreneurs of the future. Obviously this group is much smaller than the first two mentioned there, but that’s because of how their parents raised them. Your parents were probably raised on the philosophy that “someone tells you to do something and pays you for it.” The enterprising child sees opportunities to make money all the time and acts on them. They make the decision and don’t expect someone else to make the decisions for them.

7. Persistence

Entrepreneurs are nothing but persistent. They know their idea is a good one and the timing may not be quite right, the location may not be quite right, their marketing approach may not be quite right, but they WILL FIND a way to make things happen.

8. Results oriented

Most employers will not take no for an answer. When faced with this response, they may ask the question “Do you know anyone who might be interested, who do you suggest I talk to?” etc. They never allow one door to close without another being slightly open. If they can’t immediately find that ‘person who does it’, they will find the ‘person who knows a person who does it’. They’re not always motivated by dollar signs, but rather by that great sense of accomplishment that comes with a successful outcome. They will always surround themselves with like-minded people, other action takers and have little time for those who ‘talk the talk’. Prove not declare should be your motto!

9. Integrity

Entrepreneurs must have integrity and not having this quality would be a slight contradiction in the current definition of an entrepreneur. Yes, they can be quite ruthless, but this will not be intentionally to run over people, but mainly because they are very impulsive. Because they are so interested in people and learning about them, they treat them with respect because entrepreneurs know that without the support of people, meaning their potential customers, their planned business will never come to fruition. This is why you see many of the most successful people on this earth described as modest, humble, good listeners, kind, caring, and always willing to lend a hand to help others. Those qualities cannot be bought, they are inherent and true entrepreneurs have them in abundance.

10. Customer Focus

Every entrepreneur knows that without their customers they are nothing. Many regular business owners know this too, so what separates the entrepreneur in approach from him with customers. The main thing is that an entrepreneur really values ​​and appreciates each client; they know the power of ‘word of mouth’ marketing over any other paid medium and this is what they strive for. They want their product or service to be ‘the people’s product or service of choice’ for what it does for them, for the value it brings to them over anything else. They constantly evaluate their competitors and come up with something better, less expensive but not less valuable and exactly what their customers want and need at that moment. Budget airline owners are excellent examples of ‘putting and keeping your customer first’. Certainly those in the UK and Ireland refuse to bow to government or elitist pressure, they put their clients above all else.

The qualities of an entrepreneur are endless, but I have chosen what I know are the 10 most obvious and the 10 that I know separate an entrepreneur from a normal business person.