Wednesday, October 21, 2015

9 SECRET TRAITS OF AN EFFECTIVE ENTREPRENEUR

An entrepreneur’s responsibility would be to satisfy his clients in order to fulfill the objective of being business which is profit and freedom. It is not out of place to say that he should see his customers as his patients and what they must have to survive a present predicament or a need. He must follow certain steps before doing anything irrational that could contribute to the downfall of his business. He should have certain characteristics innate in his personality for if he lacks one of these, he’s most probably doomed to fail.
Entrepreneurship is collectively defined as exhibiting one’s vision, taking action, and pursuing that vision as a goal to be achieved in life as service to reality. In the meaningless definition, it’s getting yourself out of that couch and doing something rather than fulfilling your life’s destiny of being a couch potato. Highlighted below are some of the distinct attitudes an entrepreneur should positively have:
1.     FEARLESS- An entrepreneur must be courageous in order to face the stark realities of life as relates to business. The fear of unknown has killed many beautiful dreams conceived by prospective entrepreneurs. In order to bring the idea to fruition, aspiring entrepreneur needs to overcome the ‘I can’t do it attitude’.

2.     OPTIMISM – is foreseeing things in a positive way notwithstanding any circumstances that may hinder progress. The assertiveness of an individual depends on his knowledge of how to handle a difficult situation.

3.     CONCEPTUAL SKILL- This involves the formulation of ideas, an entrepreneur should possess the skills necessary to identify opportunities, create needs and design a way to actualize such idea.

4.     CREATIVITY – It is thinking outside the box, expanding one’s mind of what is beyond the ordinary through fine research and collection of data.
5.     STABILITY – Either physical, mental, social or emotional, a leader must possess a stable life which means he could handle tough situations during tough times.
6.     ENIGMATIC – intelligence of communicating with different walks of life. Who says a charming man is less than an intelligent one? A good entrepreneur must have
the certain magic glistening in his eyes and could convey enchanting words to get hold of that convincing power no one dare resist.
7.     RISK-TAKER – as someone beginning his own dream, he should be stern and must have the guts and the balls to take the big leap of plunging into his own doom or success. He should not be afraid of taking chances when opportunity strikes.
8.     ENERGETIC – willing to do whatever it takes to reach to the finish line. His drive must always be at its highest level for being an entrepreneur would make you work overtime. His enthusiasm must prevail on the next best thing.
9.     TRENDY AND TIME CONSCIOUS – like a written report in a newspaper, an entrepreneur must be on the top of every innovation. By looking at our past, we could predict our future.
Small businesses, in time, would turn out big if the scope of management exceeds what is expected. So it is necessary for a beginner to be positive about his endeavors. He must be very observant of what his environment lacks and needs. He should have sturdy shoulders to put on extra weight of carrying a responsibility that could change his or her life.

One’s greatest failure is sticking with the mentality of being conventional. This would be one of an entrepreneur’s greatest downfalls. Think big. Act. Make your business dreams come true.

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