When it comes to becoming an entrepreneur, there are four characteristics that every individual should aspire to possess. Let’s face it, starting your own business is difficult, and it takes an incredible amount of dedication. But if you stick with it, and truly believe in yourself, then it is quite possible for you to make a fortune. Look at the likes of Steve Jobs or the infamous entrepreneur, Bill Gates. Both of them started businesses out of their garage, and they thrived off of the fact that they were independent, and working for themselves.
More and more people today are turning to becoming an entrepreneur as their desired career path. With the availability of knowledge and resources thanks to the internet, it has become much easier and more convenient to start a business by yourself. Shows like the Shark Tank have played an instrumental role in producing the next wave of entrepreneurs, and have successfully kindled a fire of innovation within individuals around the nation.
So, without further adieu, here are four characteristics that every successful entrepreneur should possess.
1. Passion
Passion is not something that you learn, it is something that you either possess toward a specific subject or not. However, more often than not, individuals can develop a passion with the help of mentors and role models. For instance, if you enjoy following the stock market, and see Warren Buffett as a sort of role model for your future career, you probably possess a passion for Finance and Investing, and you will probably do anything in your power to be as wealthy and successful as Mr. Buffett. As Mr. Hunter S. Thompson said, “anything that gets your blood racing is probably worth doing.”
2. Perseverance
As an entrepreneur, you will without a doubt one day encounter rejection. It is a fact that many entrepreneurs are aware of and it is something that you will have to endure on your path to success. Successful entrepreneurs are able to take these constant rejections and use them as motivation for the future. It is how you encounter and deal with these rejections and any other unexpected problems regarding your business that makes you successful.
3. Confidence
If you decide to pursue any new venture in life, whether that is a personal relationship, a new occupation, or a presentation, you must possess confidence. You must have confidence in yourself as well as confidence in whatever you are pursuing. A lack of confidence can lead to paralysis from fear, and can cause you to fear starting something new. Confident people are self-starters; they get things done and they don’t live in fear about what they are doing. It may sound easy enough to be confident, but in reality some people have trouble gaining confidence in their daily lives. In order to counter this lack of confidence, try this: Once a day, do something with the utmost confidence, however nominal that task is. Even if it is talking to your professor or colleague, stand up straight, keep your head high, and speak as eloquently and fluidly as you can.
4. Resourcefulness
Any successful entrepreneur will tell you that you have to make the best with what you have. If you don’t have the necessary capital to start your business, do not see your insufficient capital as a road block, rather see it as an opportunity to reach out for guidance and support from others around you. Resourceful people dare to make bold moves, they do not fear what they don’t have, rather they make use of what they do have, and they know that even if the road doesn’t take them exactly where they plan, it can often lead to other great places.
Capitalist Square 