Heidi Zak, Elon Musk, Oprah, Warren Buffet, Kendra Scott, Sara Blakely and Bill Gates—entrepreneurs may appear quite diverse, but they typically share a few key qualities.
What makes an entrepreneur? Let’s focus on the traits shared by most entrepreneurs—and how you can tap into these characteristics to jumpstart your own success.
They say it’s all about who you know. The adage couldn’t be more true than in the context of successful entrepreneurs. Whether it’s securing investment capital, marketing a concept, recruiting new talent or leaning on peers for support and advice, having a solid network can seriously work to your benefit.
Not sure how to network? Build your professional network with resources such as these:
If there’s one thing we’ve learned in 2020, it’s that you really can’t be overprepared. While few would have realized the need for a pandemic-proof business plan before this year, it’s become quite clear that prepping for the worst really is the best thing you can do for your business.
Whether it’s related to your personal finances, business growth or world events, one characteristic many entrepreneurs share is a knack for preparedness.
No one can predict the future with total certainty, but you can be sure that your entrepreneurial ventures will go through periods of ebbing and flowing throughout the course of your career. To soften the blow of challenging times, it’s a good idea to create a plan for when disaster strikes.
Businesses that have a plan and can react with agility are much more likely to survive tumultuous times than those that do not.
As an entrepreneur—whether you’re just launching or already established—you probably have a lot on your plate.
From conjuring up new ideas to dazzling investors and working out logistics, there’s always something to work on. However, the burnout phenomenon is real and should be avoided at all costs if you hope to produce your best work for years to come.
One way to combat burnout? Delegate. Katie Fellenz of Trust & Will advises, “If you’re lucky enough to have a trusty team on your side, make sure you’re utilizing your resources effectively. Start by making a list of your top priorities and tasks that you’ll have to handle on your own. Then, consider your team’s strengths and weaknesses and delegate the remaining tasks accordingly. Use project management platforms and collaborative tools to stay in touch, monitor progress, and track task completion.”
There’s no question that launching your own business comes hard work, obstacles and logistics—and most of these are left to the founder. Entrepreneurs require a lot of personal drive and discipline to be successful.
For many people, a strong sense of self-discipline is something that’s instilled at birth or early on in life, but with a little dedication and practice, you can make it one of your strongest qualities, too.
Enhance your self-discipline with these tips:
Consider the origin stories of your favorite entrepreneurial icons. Many of them include plenty of rejection and doubt.
But with a strong sense of persistence and drive, these entrepreneurs ultimately challenged the status quo and created a new reality.
Not sure how to boost your persistence? Keep these tips in mind:
6. Unwavering creativity
From Apple and Nike to Uber and Facebook, many of the world’s most recognized brands were born from a creative idea.
Though it’s a natural skill for some, there are plenty of ways you can enhance your sense of creativity and avoid unproductive blocks when you’re feeling uninspired.
Here are some things you can do to get those creative wheels turning:
Don’t give up
Becoming an entrepreneur is rarely an easy path. With rejection, financial and logistical obstacles, it’s all too easy for aspiring entrepreneurs to give up on their dreams. By studying the stories of industry leaders and entrepreneurial icons, you can train yourself, and ultimately, pave your own way to the top.
Heidi Zak, Elon Musk, Oprah, Warren Buffet, Kendra Scott, Sara Blakely and Bill Gates—entrepreneurs may appear quite diverse, but they typically share a few key qualities.
What makes an entrepreneur? Let’s focus on the traits shared by most entrepreneurs—and how you can tap into these characteristics to jumpstart your own success.
1. A passion for connection
They say it’s all about who you know. The adage couldn’t be more true than in the context of successful entrepreneurs. Whether it’s securing investment capital, marketing a concept, recruiting new talent or leaning on peers for support and advice, having a solid network can seriously work to your benefit.
Not sure how to network? Build your professional network with resources such as these:
2. Preparedness
If there’s one thing we’ve learned in 2020, it’s that you really can’t be overprepared. While few would have realized the need for a pandemic-proof business plan before this year, it’s become quite clear that prepping for the worst really is the best thing you can do for your business.
Whether it’s related to your personal finances, business growth or world events, one characteristic many entrepreneurs share is a knack for preparedness.
No one can predict the future with total certainty, but you can be sure that your entrepreneurial ventures will go through periods of ebbing and flowing throughout the course of your career. To soften the blow of challenging times, it’s a good idea to create a plan for when disaster strikes.
Businesses that have a plan and can react with agility are much more likely to survive tumultuous times than those that do not.
3. The ability to delegate
As an entrepreneur—whether you’re just launching or already established—you probably have a lot on your plate.
From conjuring up new ideas to dazzling investors and working out logistics, there’s always something to work on. However, the burnout phenomenon is real and should be avoided at all costs if you hope to produce your best work for years to come.
One way to combat burnout? Delegate. Katie Fellenz of Trust & Will advises, “If you’re lucky enough to have a trusty team on your side, make sure you’re utilizing your resources effectively. Start by making a list of your top priorities and tasks that you’ll have to handle on your own. Then, consider your team’s strengths and weaknesses and delegate the remaining tasks accordingly. Use project management platforms and collaborative tools to stay in touch, monitor progress, and track task completion.”
4. Self-discipline
There’s no question that launching your own business comes hard work, obstacles and logistics—and most of these are left to the founder. Entrepreneurs require a lot of personal drive and discipline to be successful.
For many people, a strong sense of self-discipline is something that’s instilled at birth or early on in life, but with a little dedication and practice, you can make it one of your strongest qualities, too.
Enhance your self-discipline with these tips:
5. Persistence
Consider the origin stories of your favorite entrepreneurial icons. Many of them include plenty of rejection and doubt.
But with a strong sense of persistence and drive, these entrepreneurs ultimately challenged the status quo and created a new reality.
Not sure how to boost your persistence? Keep these tips in mind:
6. Unwavering creativity
From Apple and Nike to Uber and Facebook, many of the world’s most recognized brands were born from a creative idea.
Though it’s a natural skill for some, there are plenty of ways you can enhance
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