Scott Cathcart

Entrepreneur | Impact Investor | Triathlete

Traits of Great Entrepreneurs

Being an entrepreneur is an exciting and risky career, but certain traits can cause business leaders to succeed. Here are some characteristics that make for great entrepreneurs.

Motivation

How is a business supposed to succeed if the owner of that company is not enthusiastic about it? Entrepreneurs who have a lot of motivation about their companies are likely to succeed because they will be ready to work hard to help their company reach its full potential.

Creativity

While there is nothing wrong with being practical and having a by-the-book attitude, a little creativity can go a long way in any industry. Thinking of unique ways to help employees, market the company, improve the workplace environment, and increase productivity will significantly help spark success in the long run.

Persuasiveness

Some people need a little extra convincing to understand an idea. Entrepreneurs should be ready to persuade employees to get on board with new projects or customers to purchase products. Sometimes it is impossible to change someone’s mind, and business leaders should know when to back down in those situations. However, having a persuasive attitude will be helpful in many scenarios, especially those that require negotiating.

Decisiveness

A wishy-washy attitude typically will not go over well in business. Entrepreneurs who can make decisions and stick to those decisions, whether they have time to plan or are under pressure, will be more likely to succeed than those who struggle to make up their minds.

Passion

Being an entrepreneur is a time-consuming and demanding job. When it gets stressful, business owners will need more than just money to help them keep going. Entrepreneurs who feel genuine passion toward their companies will be more likely to provide the necessary time and energy that their business will need to succeed.

Resilience

Obstacles will come up at any job in any industry, especially for those at the top. Not every day will be a good day for an entrepreneur, and the ability to get past those bad days will go a long way. Entrepreneurs who can get back up and keep working after their businesses suffer a fall will be more likely to succeed because they will waste less time feeling down and learn from past mistakes.

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