Identify FIVE entrepreneurial qualities that have contributed to the success of his / her business
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Explanation:
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Are there certain qualities that all successful entrepreneurs share?
After years of personal experience and coaching, I’ve discovered that entrepreneurs share very similar qualities that make them successful. Fortunately, all of these qualities can be learned. It is up to you to carefully examine your strengths and dedicate yourself to learning.
How do these traits match up to your own?
1) Self-Discipline
The first trait that all successful entrepreneurs must possess is self-discipline. Self-discipline is the single most important quality for success in life and business. If you can discipline yourself to do what you should do, whether you feel like it or not, your success is virtually guaranteed. Self-discipline requires self-mastery, self-control, self-responsibility, and self-direction.
The difference between successful entrepreneurs and failures is that successful entrepreneurs make a habit of doing the things that failures don’t like to do.
What are those things?
The things that failures don’t like to do are the same things that successful people don’t like to do. But, successful entrepreneurs do them anyways because they realize that this is the price they must pay for the success they desire.
2) Integrity
entrepreneur-qualities-intergrity-trust
Trust.
The second trait that all successful entrepreneurs must possess is integrity.
Perhaps the most valued and respected quality you can develop is a reputation for absolute integrity. Be perfectly honest in everything you do and in every transaction and activity. Never compromise your integrity. Remember that your word is your bond and your honor is everything when it comes to your business. All successful business is based on trust.
Your success in becoming an entrepreneur will be determined solely by the number of people who trust you, are willing to work for you, give you credit, lend you money, buy your products and services, and help you during difficult times. Your character is the most important asset that you develop in your entire life, and your character is based on the amount of integrity you practice.
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3) Persistence
The third trait that all successful entrepreneurs must possess is persistence. Persistence is the iron quality of character. Persistence is to the character of man as carbon is to steel. It is an indispensable quality that goes hand in hand with all great success in life.
Here is one of the great secrets to persistence and success: Program your subconscious mind for persistence well in advance of the setbacks and disappointments that you are going to have on your upward quest toward success.
Resolve in advance that you will never give up, no matter what happens. The courage to persist in the face of adversity and disappointment is the one quality that, more than anything, will guarantee your success.
Your greatest asset can be your willingness to persevere longer than anyone else. In fact, your persistence is a true measure of your belief in yourself and your ability to success.
Identify FIVE entrepreneurial qualities that have contributed to the success of his / her business
- Motivation. Entrepreneurs are naturally driven and passionate. Entrepreneurs also possess passion in addition to vision, confidence, and decision-making.
- The single most crucial trait for success in life and business is self-discipline. Your success is essentially guaranteed if you have the self-control to carry out your obligations regardless of how you feel. Self-control, self-restraint, self-responsibility, and self-direction are all prerequisites for self-discipline.
- Entrepreneurial success will depend on five factors: innovation, risk-taking, opportunity-sensitivity, leadership, and the capacity to exercise your legal rights.
- They consist of fortitude, initiative, adaptability, inventiveness, self-assurance, enthusiasm, and "smarts." We expect an entrepreneur to use these personal qualities effectively and to their fullest potential; simply possessing them is just the beginning. However, you must have a vision and carry it out accordingly.
- The keys to success in small business are adaptability, persistence, and hard effort, but these three qualities are crucial in any undertaking.
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