What Makes an Entrepreneur?

Entrepreneur

How do you know if you’re fit to become an entrepreneur? Do you see sparks of creativity, dedication, determination, flexibility and leadership in yourself? More importantly, do others see those things inside of you? Those are some of the common qualities seen in the best entrepreneurs.

Entrepreneurial Insights

Successful business people who started as entrepreneurs arrive at their aha moment at various moments in their career. Some are young, others are older, and they differ in income levels, gender, race and many more facets. Entrepreneurs may have different levels of education and business experience. Having self-confidence, determination, leadership and passion can make all the difference in a startup.

Maybe you’ve been working in business for a while and are feeling ready to branch out on your own. You’ve got a few teammates to join you, the work space is available and the team already has a few clients eager to see work. What’s next?

Get Mobile

You might consider equipping your team with synched mobile devices for contact, coordination and collaboration. An increasing number of great things are being written about the new cell phones from BlackBerry. The company’s Q10 and Z10 models offer NFC purchasing compatibility, thanks to an agreement with Visa earlier in the year. Plus, the two models offer tailored keypad options for users. The Q10 offers the traditional exterior keypad for heavy typers and texters, while the Z10 model’s keypad is built into the software.

Recognizing Inner Talent

Some of the world’s most effective entrepreneurs may not have recognized the traits that would hold them in good stead later. At the early stage of a new business, entrepreneurs need to wear many hats, including chief organizer, top producer, best salesperson and most excellent marketer.

Experts have studied what separates entrepreneurs from common working professionals.  The following is a glimpse of their findings.

  • Self-confidence: This characteristic of business and life isn’t just something that comes naturally. It’s a by-product of thorough planning, which experts say reduces risk and uncertainty for decision-making. Having great knowledge or zeal for a topic also helps to increase self-confidence for entrepreneurs.
  • Passion: This quality called passion is what spurs everyone forward toward a common goal. Can a team grab hold of an entrepreneur’s excitement and find the ability to follow its path and vision? Great passion helps a team get focused and stay there.
  • Great instincts: Entrepreneurial leaders all seem to possess great instincts. Using common sense, matching it with knowledge and passion, and experience gained along the way via school, friendships and work stints can all help build great instincts.
  • Leadership: Hundreds of books have been written about leadership over the years. Resolving an exact definition of leadership for entrepreneurs isn’t easy. Forbes tries to offer a strong definition, but this definition may not satisfy all entrepreneurs. Entrepreneurs have an uncanny ability to make rules, stick to them, and follow through to reach goals. That’s leadership.
  • Determination: Achieving success comes naturally to many entrepreneurs. What gives them the drive to succeed is determination. Combining persistence, vision, money and determination ultimately leads to success.

Every entrepreneur has one or more of these qualities; he or she uses them in different degrees to achieve diverse goals.  In America, we must do what it takes to keep the entrepreneurial spirit alive.

Antonio Maurice Daniels

University of Wisconsin-Madison

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