They use their mistakes as something to learn from rather than a failure. No matter the outcome, they believe in themselves and have an extreme confidence not only in themselves, but also in what they do. "Entrepreneurs who start and build new businesses are more celebrated than studied. They embody, in the popular imagination and in the eyes of some scholars, the virtues of "boldness, ingenuity, leadership, persistence and determination." Policymakers see them as a crucial source of employment and productivity growth.
The fact is you can 't be an on again, off again entrepreneur. Being a student of success you will find there are varying traits but consistent ones, that lean toward success. It is your personality, your inner drive that will make you successful. Once you identify those traits, your journey as an entrepreneur will lead to success. Here now is THE list.
They may not all be born with these traits, but they all acquire to have them in order to be successful. Traits such as passion, resilience, strong sense of oneself, flexibility, and vision. Foremost a successful entrepreneur must have passion. Without passion they are likely to fail. Many successful entrepreneurs work a tremendous amount of hours and are not driven by the money, but they are driven to either solve a problem or make it easier.
It is imperative for the entrepreneur to be “hopelessly devoted” to their idea. If truly passionate about their idea, an entrepreneur will willingly give of themselves and receive an internal reward far more valuable than any monetary items. Albert Schweitzer said, “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.”(“ Happiness Is the Key to Success") Successful entrepreneurs will pursuit their desires and the things that make them satisfied driving success.
With this in mind, it can safely be said that an entrepreneur is someone who is innovative and able to see opportunities that many others don’t yet believe in. You will often find that someone in this position has a lot of self-belief. It is inevitable that people who try something new or different will face opposition. This means that the type of individual who becomes an entrepreneur has to have confidence in what they are trying to achieve. It doesn’t mean that they should ignore the advice of others completely, but they must be able to think for themselves and have the confidence to make their own decisions.
1. Do you feel it’s useful to think about your career like an entrepreneur? Why or why not? I think that no matter what career field I (or anyone else) chooses in life it is always useful to think about your career like an entrepreneur. Part of thinking like an entrepreneur is to be resourceful, which is something any person should be.
I have understood that for entrepreneur to be successful, he has to be literate, possess good interpersonal communication skills and leadership qualities (Birt & Sleeman, 1999). Entrepreneurs are most likely to succeed when markets are in disequilibrium and customer needs remain unfulfilled. The entrepreneur has the autonomy and can follow his own lifestyle and I would like to have that freedom. I would prefer to have freedom of creativity and innovation to build and grow my business. Entrepreneurs may or may not have a business plan.
Business people normally have the capacity to express their thoughts to others, and to listen to the thoughts and criticism of others in a way that can offer them some assistance with generating viable future endeavors. Fearlessness is one more of the identifiable qualities of what is an entrepreneur. This is regularly important in light of the fact that business people usually endeavor to succeed with new thoughts. Effective entrepreneurship recognizes potential business opportunities. Superior to a great many people, they concentrate on circumstances rather than issues and attempt to gain from disappointment.
I didn't set out to build a business empire ... For me, building a business is all about doing something to be proud of, bringing talented people together and creating something that's going to make a real difference to other people's lives.”sir rechard branson was good motiveter and good creativity.rechard was say belive your idea and belive your self .rechard was thing is
I enjoy the idea of continuous self-growth outside of college. Many don’t continue to learn once they graduate, but by owning your own business, you learn from all the situations you are placed in. From my mother’s and my father’s teachings and their examples, I am deeply passionate about owning my own business one day. I like the freedom and flexibility that entrepreneurship offers and the financial stability as well. Obviously my parents are doing, otherwise I wouldn’t be here.