A determined thought of accomplishing a task enables an individual to dig out the potentials within. I meet different people from varied fields everyday and have heard success stories of many entrepreneurs. What I gathered from these talks tells me that Entrepreneurship is solely about making an idea work while dealing with a trail of risks.
Situations of people may differ and the existence of individual differences cannot be overlooked, but some traits dominate their personality and act as the driving force behind their success. Besides having a purposeful approach I believe their success can be attributed to certain characteristics.
Everyone around us has certain skills, some of these skills are acquired while others are inherited. Below are some traits which I feel dominate the personalities of successful entrepreneurs.
Judicious use of time, dexterity to handle multiple tasks and a proactive approach to deal effectively with complicated situations can only be acquired through discipline. Discipline in one’s life helps the person create a pattern within which the disorderly things may fit in the right order. An entrepreneurial environment demands readiness, commitment, ability to meet deadlines and a person who understands the importance of time and orderliness never fails to fulfill these demands.
Entrepreneurs who have tasted the ups and downs of success are always admired for their accepting and flexible nature. A flexible mind gives birth to great ideas whereas a rigid one fails to sustain the ever changing world. When long hours of hard work are spent on a plan and the product doesn’t come out as anticipated, a rigid personality finds it difficult to think about the plot from a different angle, flexibility in such situations act as a quality to subside disappointment.
In short one should have the capability to adapt to the change. It helps you create new ideas and flets you face adversity dauntlessly. One should adhere to age-old, traditional concepts about business strategies but be ready to accept change.
Having a futuristic approach and their ability to sniff possibilities to grow makes them different. The clarity in their vision and judicious use of present opportunities to reach to a satisfying future helps them set a clear mission. The trait of acceptance among entrepreneurs is also reflected when they are adapting to the technological revolution. Not only their ideas have got the quality of novelty but their actions also define their readiness to adapt to the change. By using new modernized ways for their start ups, employing technology to provide their client’s with best services, entrepreneurs are bringing the masses closer to them in the most effective manner. They use a futuristic approach; they make their strategies with a careful thought about present as well as future.
PATIENCE & PERSISTENCE
An entrepreneur’s innovative scheme of work often undergoes many trials before it is accepted, and only a tolerant person can handle such situations effectively. Entrepreneurial environment besides the probability of a great achievement is filled with risks, criticisms and fear of failure. Keeping in mind these attributes, the entrepreneurs exhibit the quality of patience which allows them to have a firm believe on their opinions. Persistence is another important characteristic which plays a crucial role in building up the strength of an entrepreneur and help him moving forward patiently despite of the obstacles on his way to success.
The term ‘aggression’ is often believed to be a negative characteristic, but for entrepreneurs it is a boon which keeps their boat afloat. Entrepreneurial environment is packed with uncertainty, obstacles and setbacks. Highly energetic, aggressive and competitive person can flip the cards on his side in minutes. Therefore, aggression is necessary in micro-managing things; management of the risks and hazards. Such an attitude speaks volumes about the leader and helps boost morale of employees aswell.
Moreover, a successful entrepreneur is not made overnight, long days of hard work and sleepless nights make him the deserving one to be on the list of big tycoons. Always remember success and failure are all ‘ideas’ in the mind.