When one thinks of the words “successful entrepreneurs”, the names Steve Jobs, Aliko Dangote and Bill Gates automatically comes to mind. These biz moguls seem to have entrepreneurial traits embedded into their DNA which not only inspires, but also intimidates. What if you weren’t born with a brain like Steve Jobs or Bill Gates? Research has shown that with proper mentorship and guidance, successful entrepreneurs can be created.
We have outlined 10 important qualities a successful entrepreneur needs to be the next big tycoon. Even if you do not possess all the qualities, don’t fret. With determination and a winning attitude, most of these qualities can be learned and acquired over time.
An idea is what sparks up any entrepreneur’s curiosity. That great idea that is different, unique and can change the world. An important quality of an entrepreneur is to have that vision and foresight to imagine his idea growing into a business. For that, you need to believe in your idea and put everything you’ve got to see the idea blossom in your head. That’s when you can convince investors and customers that your idea is worth investing in.
2) Relentless Passion
It is often said “Follow your passion.” But that is easier said, than done. To be an entrepreneur requires a resolute passion and commitment towards your goal. Your flame of passion should burn so strong, that it gets you through any storm. Passion is what helps entrepreneurs sustain through the highs and lows of this cut-throat competitive business world.
3) Self starter
“If you don’t build your own dream, someone else will hire you to help build theirs”- Tony Gaskins.
If there is something that has to be done, do it yourself and do it now.
Procrastination is the biggest enemy of an entrepreneur. Be proactive, not Reactive.
There are always going to be those who say “That’s a silly idea” or “Your business would never work”. But the fun lies when you prove them all wrong! A stark quality of an entrepreneur is his unwavering self-belief. Even when the whole world mocks your idea, walk with your head held high and say “I’m going to prove it to you”- That’s self-belief!
If you do not believe in the product you are selling, how can you convince the customer to buy it? Similarly, if an entrepreneur does not have high levels of self confidence in himself, how can he convince the investors & customers to put their time, money and faith in him? Believe in yourself, and you can move mountains.
Business, like mother nature, runs on the principle of “survival of the fittest”. The trick is to adapt to the changing surroundings. An entrepreneur needs to respond to the changes in technology, market trends, customer behavioural pattern and preferences in order for his business to survive.
Every business provides something which is already being provided by another business, but with a twist of creativity. An entrepreneur constantly needs to generate whacky unique ideas, and execute them. Creativity is the lifeblood of any business.
8) Forward thinking
So your product has been a hit among customers. What’s next? You have launched a new improved version of your product. What follows now? Successful entrepreneurs are never satisfied with what they have. If you were to do an anatomy of an entrepreneurs mind, you would find that there is this constant quest of “What’s next?” Forward thinking provides a roadmap with a clear destination for entrepreneurs.
Most of the successful entrepreneurs follow the mantra- “Learning never ends”. Ask for advice, seek help, undergo mentoring. Accept with an open mind and heart the pearls of wisdom that people around you have to offer. And you will never find yourself in the dark.
10) Strong Work Ethics
An entrepreneur must hold high standards of responsibility, ethics and values. Integrity and a sense of discipline is what takes a business a long way ahead, success will follow. At the end of the day, you want to go to bed with a clear conscience and a clear mind.
Every individual has the ability to follow their dreams, however, only some people actually try. Have you tired yet? If not, don’t worry, it’s never too late. Mara Mentor presents a chance for young and passionate entrepreneurs to chase their business dream and turn it into reality. It is the perfect platform which connects prospective entrepreneurs to business experts in the industry.
This may be your golden ticket to turn your business dream into reality! So what are you waiting for?
Register now! on https://mentor.mara.com/