7 Vital Personal Characteristics of a Successful Entrepreneur
Being an entrepreneur is not just about starting a company. It’s about building value for yourself, your employees, and your customer. This generally takes years of hard work, perseverance, and failure before it pays off. It’s no coincidence that many estimates show that 80 percent of new business ventures fail within the first 18 months. Starting a business is difficult. So, what do you need to make it work? Obviously, you don’t need certain skills or knowledge; those vary from company to company and industry to industry. In order to succeed at some businesses, you need to be a technology expert with the necessary programming experience. For other companies, maybe you just need to be savvy at talking to people. But what does remain in each case are inherent personality characteristics that define successful entrepreneurs. Their temperament and mental fortitude are what set them apart from those who fail and the even bigger group of people who never try to start their own business. Whether you’re starting a medical practice, a yoga studio, or a tech startup, all successful entrepreneurs share a few key personal characteristics. Here are seven of the […]